<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<RESTATED>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-START>                             JUL-01-1996
<PERIOD-END>                               JUN-30-1997
<CASH>                                           7,067
<INT-BEARING-DEPOSITS>                             336
<FED-FUNDS-SOLD>                                12,950
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                      1,432
<INVESTMENTS-CARRYING>                         110,793
<INVESTMENTS-MARKET>                           111,089
<LOANS>                                        645,587
<ALLOWANCE>                                      7,772
<TOTAL-ASSETS>                                 801,402
<DEPOSITS>                                     553,186
<SHORT-TERM>                                    76,200
<LIABILITIES-OTHER>                             20,273
<LONG-TERM>                                     81,500
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            47
<OTHER-SE>                                      70,196
<TOTAL-LIABILITIES-AND-EQUITY>                 801,402
<INTEREST-LOAN>                                 51,411
<INTEREST-INVEST>                                6,164
<INTEREST-OTHER>                                 1,093
<INTEREST-TOTAL>                                58,668
<INTEREST-DEPOSIT>                              26,332
<INTEREST-EXPENSE>                              34,901
<INTEREST-INCOME-NET>                           23,767
<LOAN-LOSSES>                                    3,001
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 18,512
<INCOME-PRETAX>                                  5,023
<INCOME-PRE-EXTRAORDINARY>                       5,023
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,820
<EPS-PRIMARY>                                     0.51<F1>
<EPS-DILUTED>                                     0.49<F1>
<YIELD-ACTUAL>                                    7.94
<LOANS-NON>                                      8,539
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                   229
<LOANS-PROBLEM>                                  1,555
<ALLOWANCE-OPEN>                                 7,833
<CHARGE-OFFS>                                    3,047
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                7,772
<ALLOWANCE-DOMESTIC>                             7,772
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
<FN>
<F1>IN FEBRUARY 1997, THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED SFAS NO.
128, "EARNINGS PER SHARE" (SFAS NO. 128) WHICH IS EFFECTIVE FOR FINANCIAL
STATEMENTS ISSUED FOR PERIODS AFTER DECEMBER 15, 1997. ALL PRIOR PERIOD EPS DATA
PRESENTED HEREIN IS RESTATED TO CONFORM WITH STATEMENT 128.
</FN>
        


</TABLE>