<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <CASH> 741,813 <INT-BEARING-DEPOSITS> 125 <FED-FUNDS-SOLD> 215,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,880,512 <INVESTMENTS-CARRYING> 8,193,363 <INVESTMENTS-MARKET> 8,154,155 <LOANS> 28,701,576 <ALLOWANCE> 419,387 <TOTAL-ASSETS> 43,605,494 <DEPOSITS> 29,300,503 <SHORT-TERM> 8,305,210 <LIABILITIES-OTHER> 917,832 <LONG-TERM> 2,530,682 <COMMON> 134,939 <PREFERRED-MANDATORY> 0 <PREFERRED> 294,375 <OTHER-SE> 2,121,953 <TOTAL-LIABILITIES-AND-EQUITY> 43,605,494 <INTEREST-LOAN> 569,151 <INTEREST-INVEST> 184,400 <INTEREST-OTHER> 9,714 <INTEREST-TOTAL> 763,265 <INTEREST-DEPOSIT> 278,916 <INTEREST-EXPENSE> 449,974 <INTEREST-INCOME-NET> 313,291 <LOAN-LOSSES> 47,600 <SECURITIES-GAINS> 466 <EXPENSE-OTHER> 257,689 <INCOME-PRETAX> 71,984 <INCOME-PRE-EXTRAORDINARY> 43,484 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 43,484 <EPS-PRIMARY> .28 <EPS-DILUTED> .28 <YIELD-ACTUAL> 3.02 <LOANS-NON> 524,675 <LOANS-PAST> 0 <LOANS-TROUBLED> 125,380 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 438,051 <CHARGE-OFFS> 70,933 <RECOVERIES> 4,669 <ALLOWANCE-CLOSE> 419,387 <ALLOWANCE-DOMESTIC> 419,387 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0