<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 15,407,875 <INT-BEARING-DEPOSITS> 274,004 <FED-FUNDS-SOLD> 6,178,025 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 226,533,508 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 226,533,508 <LOANS> 297,794,837 <ALLOWANCE> 3,090,281 <TOTAL-ASSETS> 563,173,233 <DEPOSITS> 417,390,552 <SHORT-TERM> 88,921,787 <LIABILITIES-OTHER> 7,746,036 <LONG-TERM> 12,664,764 <COMMON> 7,824,185 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 28,625,909 <TOTAL-LIABILITIES-AND-EQUITY> 563,173,233 <INTEREST-LOAN> 19,200,532 <INTEREST-INVEST> 9,874,143 <INTEREST-OTHER> 589,527 <INTEREST-TOTAL> 29,664,202 <INTEREST-DEPOSIT> 12,878,353 <INTEREST-EXPENSE> 4,184,090 <INTEREST-INCOME-NET> 12,601,759 <LOAN-LOSSES> 180,000 <SECURITIES-GAINS> 628,059 <EXPENSE-OTHER> 10,627,913 <INCOME-PRETAX> 5,380,042 <INCOME-PRE-EXTRAORDINARY> 3,855,801 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,855,801 <EPS-PRIMARY> 1.23 <EPS-DILUTED> 1.23 <YIELD-ACTUAL> 0331 <LOANS-NON> 1,215,000 <LOANS-PAST> 1,165,000 <LOANS-TROUBLED> 482,000 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0