<ARTICLE> 9
<CIK> 0000353650
<NAME> BWC FINANCIAL CORP.
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                      17,745,000
<INT-BEARING-DEPOSITS>                     147,625,000
<FED-FUNDS-SOLD>                             4,350,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 33,062,000
<INVESTMENTS-CARRYING>                       7,894,000
<INVESTMENTS-MARKET>                         7,950,000
<LOANS>                                    163,938,000
<ALLOWANCE>                                  2,936,000
<TOTAL-ASSETS>                             228,923,000
<DEPOSITS>                                 207,472,000
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          2,003,000
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    18,603,000
<OTHER-SE>                                     845,000
<TOTAL-LIABILITIES-AND-EQUITY>             228,923,000
<INTEREST-LOAN>                             16,107,000
<INTEREST-INVEST>                            1,778,000
<INTEREST-OTHER>                               431,000
<INTEREST-TOTAL>                            18,316,000
<INTEREST-DEPOSIT>                           5,767,000
<INTEREST-EXPENSE>                           5,770,000
<INTEREST-INCOME-NET>                       12,546,000
<LOAN-LOSSES>                                1,125,000
<SECURITIES-GAINS>                              11,000
<EXPENSE-OTHER>                              8,506,000
<INCOME-PRETAX>                              4,554,000
<INCOME-PRE-EXTRAORDINARY>                   4,554,000
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,925,000
<EPS-PRIMARY>                                     2.37
<EPS-DILUTED>                                     2.06
<YIELD-ACTUAL>                                    6.82
<LOANS-NON>                                    232,000
<LOANS-PAST>                                    16,000
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                              1,575,000
<ALLOWANCE-OPEN>                             1,893,000
<CHARGE-OFFS>                                  193,000
<RECOVERIES>                                   111,000
<ALLOWANCE-CLOSE>                            2,936,000
<ALLOWANCE-DOMESTIC>                         1,823,000
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                      1,113,000