<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 445,195 <INT-BEARING-DEPOSITS> 125 <FED-FUNDS-SOLD> 250,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 8,215,044 <INVESTMENTS-CARRYING> 1,694,937 <INVESTMENTS-MARKET> 1,715,532 <LOANS> 31,082,006 <ALLOWANCE> 321,630 <TOTAL-ASSETS> 43,548,593 <DEPOSITS> 28,852,700 <SHORT-TERM> 7,615,653 <LIABILITIES-OTHER> 1,104,526 <LONG-TERM> 3,358,933 <PREFERRED-MANDATORY> 0 <PREFERRED> 165,000 <COMMON> 137,431 <OTHER-SE> 2,314,350 <TOTAL-LIABILITIES-AND-EQUITY> 43,548,593 <INTEREST-LOAN> 1,873,747 <INTEREST-INVEST> 543,117 <INTEREST-OTHER> 36,324 <INTEREST-TOTAL> 2,453,188 <INTEREST-DEPOSIT> 886,293 <INTEREST-EXPENSE> 1,389,378 <INTEREST-INCOME-NET> 1,063,810 <LOAN-LOSSES> 123,071 <SECURITIES-GAINS> (7,819) <EXPENSE-OTHER> 956,574 <INCOME-PRETAX> 181,090 <INCOME-PRE-EXTRAORDINARY> 110,690 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 110,690 <EPS-PRIMARY> 0.68 <EPS-DILUTED> 0.68 <YIELD-ACTUAL> 3.21 <LOANS-NON> 526,177 <LOANS-PAST> 0 <LOANS-TROUBLED> 93,161 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 362,849 <CHARGE-OFFS> 177,980 <RECOVERIES> 13,690 <ALLOWANCE-CLOSE> 321,630 <ALLOWANCE-DOMESTIC> 321,630 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0