<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 133,031 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 66,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 303,601 <INVESTMENTS-CARRYING> 1,931,700 <INVESTMENTS-MARKET> 1,927,199 <LOANS> 6,119,708 <ALLOWANCE> 84,000 <TOTAL-ASSETS> 8,797,075 <DEPOSITS> 6,493,244 <SHORT-TERM> 1,582,153 <LIABILITIES-OTHER> 129,358 <LONG-TERM> 156,402 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 186 <OTHER-SE> 435,732 <TOTAL-LIABILITIES-AND-EQUITY> 8,797,075 <INTEREST-LOAN> 117,477 <INTEREST-INVEST> 5,578 <INTEREST-OTHER> 32,025 <INTEREST-TOTAL> 155,080 <INTEREST-DEPOSIT> 72,675 <INTEREST-EXPENSE> 99,361 <INTEREST-INCOME-NET> 55,719 <LOAN-LOSSES> 8,000 <SECURITIES-GAINS> (46) <EXPENSE-OTHER> 38,968 <INCOME-PRETAX> 21,135 <INCOME-PRE-EXTRAORDINARY> 12,258 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,258 <EPS-PRIMARY> .63 <EPS-DILUTED> .63 <YIELD-ACTUAL> 2.67 <LOANS-NON> 81,799 <LOANS-PAST> 9,134 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 93,000 <CHARGE-OFFS> 9,000 <RECOVERIES> 1,000 <ALLOWANCE-CLOSE> 93,000 <ALLOWANCE-DOMESTIC> 93,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0