<ARTICLE> 9 <CIK> 0000701347 <NAME> CPB INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 48,362 <INT-BEARING-DEPOSITS> 114 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 237,262 <INVESTMENTS-CARRYING> 122,258 <INVESTMENTS-MARKET> 125,995 <LOANS> 1,061,283 <ALLOWANCE> 20,197 <TOTAL-ASSETS> 1,517,472 <DEPOSITS> 1,191,172 <SHORT-TERM> 31,188 <LIABILITIES-OTHER> 24,480 <LONG-TERM> 120,894 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,740 <OTHER-SE> 142,908 <TOTAL-LIABILITIES-AND-EQUITY> 1,517,472 <INTEREST-LOAN> 68,107 <INTEREST-INVEST> 15,376 <INTEREST-OTHER> 822 <INTEREST-TOTAL> 84,305 <INTEREST-DEPOSIT> 29,088 <INTEREST-EXPENSE> 35,367 <INTEREST-INCOME-NET> 48,938 <LOAN-LOSSES> 5,400 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 38,786 <INCOME-PRETAX> 18,079 <INCOME-PRE-EXTRAORDINARY> 11,293 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,293 <EPS-PRIMARY> 1.08 <EPS-DILUTED> 1.07 <YIELD-ACTUAL> 4.66 <LOANS-NON> 17,709 <LOANS-PAST> 4,961 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 19,164 <CHARGE-OFFS> 4,848 <RECOVERIES> 481 <ALLOWANCE-CLOSE> 20,197 <ALLOWANCE-DOMESTIC> 14,422 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 5,775