<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 140,236 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 34,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 318,943 <INVESTMENTS-CARRYING> 1,861,621 <INVESTMENTS-MARKET> 1,858,563 <LOANS> 5,906,063 <ALLOWANCE> 64,000 <TOTAL-ASSETS> 8,549,032 <DEPOSITS> 6,240,519 <SHORT-TERM> 1,381,981 <LIABILITIES-OTHER> 174,875 <LONG-TERM> 338,331 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 186 <OTHER-SE> 413,140 <TOTAL-LIABILITIES-AND-EQUITY> 8,549,032 <INTEREST-LOAN> 335,159 <INTEREST-INVEST> 15,624 <INTEREST-OTHER> 99,108 <INTEREST-TOTAL> 449,891 <INTEREST-DEPOSIT> 212,737 <INTEREST-EXPENSE> 288,855 <INTEREST-INCOME-NET> 161,036 <LOAN-LOSSES> 30,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 166,677 <INCOME-PRETAX> 2,217 <INCOME-PRE-EXTRAORDINARY> 1,197 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,197 <EPS-PRIMARY> .06 <EPS-DILUTED> .06 <YIELD-ACTUAL> 2.61 <LOANS-NON> 80,742 <LOANS-PAST> 14,382 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 82,000 <CHARGE-OFFS> 45,000 <RECOVERIES> 6,000 <ALLOWANCE-CLOSE> 73,000 <ALLOWANCE-DOMESTIC> 73,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0