<ARTICLE> 9
<CIK> 0000701347
<NAME> CPB INC.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                          43,736
<INT-BEARING-DEPOSITS>                          19,919
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    171,958
<INVESTMENTS-CARRYING>                         157,590
<INVESTMENTS-MARKET>                           158,250
<LOANS>                                      1,080,879
<ALLOWANCE>                                     19,646
<TOTAL-ASSETS>                               1,524,314
<DEPOSITS>                                   1,200,303
<SHORT-TERM>                                    14,783
<LIABILITIES-OTHER>                             17,754
<LONG-TERM>                                    137,102
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         6,902
<OTHER-SE>                                     147,414
<TOTAL-LIABILITIES-AND-EQUITY>               1,524,314
<INTEREST-LOAN>                                 22,348
<INTEREST-INVEST>                                5,137
<INTEREST-OTHER>                                   377
<INTEREST-TOTAL>                                27,862
<INTEREST-DEPOSIT>                               9,572
<INTEREST-EXPENSE>                              11,654
<INTEREST-INCOME-NET>                           16,208
<LOAN-LOSSES>                                      975
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 12,461
<INCOME-PRETAX>                                  5,655
<INCOME-PRE-EXTRAORDINARY>                       3,628
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     3,628
<EPS-PRIMARY>                                     0.34
<EPS-DILUTED>                                     0.34
<YIELD-ACTUAL>                                    4.66
<LOANS-NON>                                     17,466
<LOANS-PAST>                                    12,215
<LOANS-TROUBLED>                                 2,727
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                19,164
<CHARGE-OFFS>                                      556
<RECOVERIES>                                        63
<ALLOWANCE-CLOSE>                               19,646
<ALLOWANCE-DOMESTIC>                            13,454
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                          6,192