<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 40,906 <INT-BEARING-DEPOSITS> 5,981 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 446,455 <INVESTMENTS-CARRYING> 469,897 <INVESTMENTS-MARKET> 469,620 <LOANS> 840,988 <ALLOWANCE> 14,720 <TOTAL-ASSETS> 1,903,580 <DEPOSITS> 1,169,954 <SHORT-TERM> 557,988 <LIABILITIES-OTHER> 21,798 <LONG-TERM> 4,833 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,349 <OTHER-SE> 134,658 <TOTAL-LIABILITIES-AND-EQUITY> 1,903,580 <INTEREST-LOAN> 17,895 <INTEREST-INVEST> 14,717 <INTEREST-OTHER> 155 <INTEREST-TOTAL> 32,767 <INTEREST-DEPOSIT> 10,694 <INTEREST-EXPENSE> 7,573 <INTEREST-INCOME-NET> 14,500 <LOAN-LOSSES> 23 <SECURITIES-GAINS> 255 <EXPENSE-OTHER> 12,311 <INCOME-PRETAX> 6,696 <INCOME-PRE-EXTRAORDINARY> 6,696 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,943 <EPS-PRIMARY> 0.93 <EPS-DILUTED> 0.93 <YIELD-ACTUAL> 7.72 <LOANS-NON> 6,891 <LOANS-PAST> 1,320 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 14,914 <CHARGE-OFFS> 456 <RECOVERIES> 239 <ALLOWANCE-CLOSE> 14,720 <ALLOWANCE-DOMESTIC> 14,720 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 7,020