<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<RESTATED>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-START>                             JUL-01-1995
<PERIOD-END>                               JUN-30-1996
<CASH>                                           2,184
<INT-BEARING-DEPOSITS>                           4,984
<FED-FUNDS-SOLD>                                 6,400
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                          78,594
<INVESTMENTS-MARKET>                            78,370
<LOANS>                                        610,562
<ALLOWANCE>                                      7,833
<TOTAL-ASSETS>                                 725,085
<DEPOSITS>                                     512,517
<SHORT-TERM>                                    34,600
<LIABILITIES-OTHER>                              9,042
<LONG-TERM>                                    101,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            38
<OTHER-SE>                                      67,888
<TOTAL-LIABILITIES-AND-EQUITY>                 725,085
<INTEREST-LOAN>                                 47,078
<INTEREST-INVEST>                                4,747
<INTEREST-OTHER>                                   821
<INTEREST-TOTAL>                                52,646
<INTEREST-DEPOSIT>                              25,089
<INTEREST-EXPENSE>                              31,151
<INTEREST-INCOME-NET>                           21,495
<LOAN-LOSSES>                                    2,103
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 15,739
<INCOME-PRETAX>                                  6,142
<INCOME-PRE-EXTRAORDINARY>                       6,142
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     3,569
<EPS-PRIMARY>                                     0.62<F1>
<EPS-DILUTED>                                     0.59<F1>
<YIELD-ACTUAL>                                    7.94
<LOANS-NON>                                     10,449
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                   234
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                12,108
<CHARGE-OFFS>                                    6,175
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                7,833
<ALLOWANCE-DOMESTIC>                             7,833
<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>