<ARTICLE> 9 <CIK> 0000353650 <NAME> BWC FINANCIAL CORP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 12158000 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 9100000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 22352000 <INVESTMENTS-CARRYING> 8132000 <INVESTMENTS-MARKET> 8165000 <LOANS> 148556000 <ALLOWANCE> 2380000 <TOTAL-ASSETS> 203559000 <DEPOSITS> 184021000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1895000 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14685000 <OTHER-SE> 2958000 <TOTAL-LIABILITIES-AND-EQUITY> 203559000 <INTEREST-LOAN> 7506000 <INTEREST-INVEST> 610000 <INTEREST-OTHER> 212000 <INTEREST-TOTAL> 8328000 <INTEREST-DEPOSIT> 2580000 <INTEREST-EXPENSE> 2583000 <INTEREST-INCOME-NET> 5745000 <LOAN-LOSSES> 525000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4071000 <INCOME-PRETAX> 1934000 <INCOME-PRE-EXTRAORDINARY> 1934000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1258000 <EPS-PRIMARY> 1.12 <EPS-DILUTED> .98 <YIELD-ACTUAL> 6.83 <LOANS-NON> 428000 <LOANS-PAST> 479000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 705000 <ALLOWANCE-OPEN> 1893000 <CHARGE-OFFS> 63000 <RECOVERIES> 25000 <ALLOWANCE-CLOSE> 2380000 <ALLOWANCE-DOMESTIC> 1755000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 625000