<ARTICLE> 9 <CIK> 0000702904 <NAME> AMBANC CORP. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 21,347 <INT-BEARING-DEPOSITS> 495 <FED-FUNDS-SOLD> 12,315 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 164,861 <INVESTMENTS-MARKET> 163,552 <LOANS> 506,782 <ALLOWANCE> 5,422 <TOTAL-ASSETS> 726,579 <DEPOSITS> 639,560 <SHORT-TERM> 6,434 <LIABILITIES-OTHER> 6,043 <LONG-TERM> 2,063 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 33,144 <OTHER-SE> 39,335 <TOTAL-LIABILITIES-AND-EQUITY> 726,579 <INTEREST-LOAN> 11,070 <INTEREST-INVEST> 2,479 <INTEREST-OTHER> 84 <INTEREST-TOTAL> 13,680 <INTEREST-DEPOSIT> 6,760 <INTEREST-EXPENSE> 6,891 <INTEREST-INCOME-NET> 6,789 <LOAN-LOSSES> 315 <SECURITIES-GAINS> 55 <EXPENSE-OTHER> 4,459 <INCOME-PRETAX> 3,010 <INCOME-PRE-EXTRAORDINARY> 3,010 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,115 <EPS-PRIMARY> .64 <EPS-DILUTED> .64 <YIELD-ACTUAL> 4.02 <LOANS-NON> 1,266 <LOANS-PAST> 1,898 <LOANS-TROUBLED> 4,012 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 5,630 <CHARGE-OFFS> 605 <RECOVERIES> 82 <ALLOWANCE-CLOSE> 5,422 <ALLOWANCE-DOMESTIC> 1,821 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 3,601