<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1999 <CASH> 240,911 <INT-BEARING-DEPOSITS> 4,992 <FED-FUNDS-SOLD> 85,025 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 473,420 <INVESTMENTS-CARRYING> 11,910,084 <INVESTMENTS-MARKET> 11,691,814 <LOANS> 23,485,887 <ALLOWANCE> 233,471 <TOTAL-ASSETS> 38,026,973 <DEPOSITS> 26,335,706 <SHORT-TERM> 160,597 <LIABILITIES-OTHER> 915,764 <LONG-TERM> 7,448,177 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,525 <OTHER-SE> 3,161,204 <TOTAL-LIABILITIES-AND-EQUITY> 38,026,973 <INTEREST-LOAN> 921,602 <INTEREST-INVEST> 100,543 <INTEREST-OTHER> 358,114 <INTEREST-TOTAL> 1,380,259 <INTEREST-DEPOSIT> 613,634 <INTEREST-EXPENSE> 881,052 <INTEREST-INCOME-NET> 499,207 <LOAN-LOSSES> (153) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 189,072 <INCOME-PRETAX> 388,135 <INCOME-PRE-EXTRAORDINARY> 388,135 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 242,755 <EPS-BASIC> 4.32 <EPS-DILUTED> 4.28 <YIELD-ACTUAL> 7.06 <LOANS-NON> 239,937 <LOANS-PAST> 0 <LOANS-TROUBLED> 15,896 <LOANS-PROBLEM> 70,255 <ALLOWANCE-OPEN> 244,466 <CHARGE-OFFS> 0 <RECOVERIES> 1,293 <ALLOWANCE-CLOSE> 233,471 <ALLOWANCE-DOMESTIC> 233,471 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0