<ARTICLE> 9 <CIK> 0000353650 <NAME> BWC FINANCIAL CORP <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 13445000 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 9950000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 44407000 <INVESTMENTS-CARRYING> 12850000 <INVESTMENTS-MARKET> 13018000 <LOANS> 189195000 <ALLOWANCE> 4039000 <TOTAL-ASSETS> 274262000 <DEPOSITS> 243799000 <SHORT-TERM> 1647000 <LIABILITIES-OTHER> 3258000 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 19242000 <OTHER-SE> 6316000 <TOTAL-LIABILITIES-AND-EQUITY> 274262000 <INTEREST-LOAN> 4852000 <INTEREST-INVEST> 799000 <INTEREST-OTHER> 83000 <INTEREST-TOTAL> 5734000 <INTEREST-DEPOSIT> 1542000 <INTEREST-EXPENSE> 5000 <INTEREST-INCOME-NET> 1547000 <LOAN-LOSSES> 150000 <SECURITIES-GAINS> 30000 <EXPENSE-OTHER> 1562000 <INCOME-PRETAX> 1824000 <INCOME-PRE-EXTRAORDINARY> 1824000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1120000 <EPS-PRIMARY> 0.45 <EPS-DILUTED> 0.38 <YIELD-ACTUAL> 6.90 <LOANS-NON> 192000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 743000 <ALLOWANCE-OPEN> 3919000 <CHARGE-OFFS> 39000 <RECOVERIES> 9000 <ALLOWANCE-CLOSE> 4039000 <ALLOWANCE-DOMESTIC> 2788000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1251000