<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