<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 46,096 <INT-BEARING-DEPOSITS> 5,556 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 438,032 <INVESTMENTS-CARRYING> 579,576 <INVESTMENTS-MARKET> 575,071 <LOANS> 949,099 <ALLOWANCE> 13,206 <TOTAL-ASSETS> 2,121,325 <DEPOSITS> 1,154,305 <SHORT-TERM> 154,809 <LIABILITIES-OTHER> 655,772 <LONG-TERM> 5,790 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,395 <OTHER-SE> 136,254 <TOTAL-LIABILITIES-AND-EQUITY> 2,121,325 <INTEREST-LOAN> 20,238 <INTEREST-INVEST> 17,075 <INTEREST-OTHER> 125 <INTEREST-TOTAL> 37,438 <INTEREST-DEPOSIT> 10,326 <INTEREST-EXPENSE> 20,933 <INTEREST-INCOME-NET> 16,505 <LOAN-LOSSES> 23 <SECURITIES-GAINS> 102 <EXPENSE-OTHER> 13,206 <INCOME-PRETAX> 7,899 <INCOME-PRE-EXTRAORDINARY> 7,899 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,668 <EPS-PRIMARY> 1.10 <EPS-DILUTED> 1.10 <YIELD-ACTUAL> 7.80 <LOANS-NON> 6,846 <LOANS-PAST> 3,040 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 13,329 <CHARGE-OFFS> 300 <RECOVERIES> 154 <ALLOWANCE-CLOSE> 13,206 <ALLOWANCE-DOMESTIC> 13,206 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 6,398