<ARTICLE>                               5
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
CONSOLIDATED  BALANCE SHEETS AND CONSOLIDATED  STATEMENTS OF OPERATIONS FOUND IN
THE COMPANY'S FORM 10-K FOR THE YEAR ENDED 1999 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL  INFORMATION  AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                                                   
<PERIOD-TYPE>                                               3-MOS
<FISCAL-YEAR-END>                                     DEC-31-2000
<PERIOD-START>                                        JAN-01-2000
<PERIOD-END>                                          MAR-31-2000
<CASH>                                                     22,325
<SECURITIES>                                               79,829
<RECEIVABLES>                                                   0
<ALLOWANCES>                                                7,980
<INVENTORY>                                                     0
<CURRENT-ASSETS>                                          337,897
<PP&E>                                                     13,011
<DEPRECIATION>                                              9,952
<TOTAL-ASSETS>                                            435,130
<CURRENT-LIABILITIES>                                     396,005
<BONDS>                                                         0
<PREFERRED-MANDATORY>                                           0
<PREFERRED>                                                     0
<COMMON>                                                   22,732
<OTHER-SE>                                                 16,393 <F1>
<TOTAL-LIABILITY-AND-EQUITY>                              435,130
<SALES>                                                         0
<TOTAL-REVENUES>                                            9,570
<CGS>                                                           0
<TOTAL-COSTS>                                                   0
<OTHER-EXPENSES>                                            3,858
<LOSS-PROVISION>                                              100
<INTEREST-EXPENSE>                                          3,220
<INCOME-PRETAX>                                             2,392
<INCOME-TAX>                                                  972
<INCOME-CONTINUING>                                         1,420
<DISCONTINUED>                                                  0
<EXTRAORDINARY>                                                 0
<CHANGES>                                                       0
<NET-INCOME>                                                1,420
<EPS-BASIC>                                                   .44
<EPS-DILUTED>                                                 .43
<FN>
<F1> INCLUDES UNREALIZED LOSS ON SECURITIES AFS OF (647).
</FN>