<ARTICLE> 9 <CIK> 0000353650 <NAME> BWC FINANCIAL CORP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 10519000 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 1085000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 18063000 <INVESTMENTS-CARRYING> 10784000 <INVESTMENTS-MARKET> 0 <LOANS> 106894000 <ALLOWANCE> 1816000 <TOTAL-ASSETS> 148415000 <DEPOSITS> 132059000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 932000 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10368000 <OTHER-SE> 5056000 <TOTAL-LIABILITIES-AND-EQUITY> 148415000 <INTEREST-LOAN> 5302000 <INTEREST-INVEST> 898000 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 6200000 <INTEREST-DEPOSIT> 1750000 <INTEREST-EXPENSE> 1759000 <INTEREST-INCOME-NET> 4441000 <LOAN-LOSSES> 300000 <SECURITIES-GAINS> 44000 <EXPENSE-OTHER> 3469000 <INCOME-PRETAX> 1346000 <INCOME-PRE-EXTRAORDINARY> 1346000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 948000 <EPS-PRIMARY> .93 <EPS-DILUTED> .85 <YIELD-ACTUAL> 6.78 <LOANS-NON> 93000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 883000 <ALLOWANCE-OPEN> 1529000 <CHARGE-OFFS> 34000 <RECOVERIES> 21000 <ALLOWANCE-CLOSE> 1816000 <ALLOWANCE-DOMESTIC> 1060000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 756000