<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from the Statement of Financial Condition as of December 31, 1998 and the Consolidated Statement of Operations for the year ended December 31, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000861499 <NAME> JSB Financial, Inc. <MULTIPLIER> 1,000 <CURRENCY> U.S. Dollars <PERIOD-TYPE> Year <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-START> Jan-01-1998 <PERIOD-END> Dec-31-1998 <EXCHANGE-RATE> 1 <CASH> 13,849 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 99,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 83,592 <INVESTMENTS-CARRYING> 208,457 <INVESTMENTS-MARKET> 208,906 <LOANS> 1,175,583 <ALLOWANCE> 5,924 <TOTAL-ASSETS> 1,621,649 <DEPOSITS> 1,124,166 <SHORT-TERM> 0 <LIABILITIES-OTHER> 65,007 <LONG-TERM> 50,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 160 <OTHER-SE> 382,316 <TOTAL-LIABILITIES-AND-EQUITY> 1,621,649 <INTEREST-LOAN> 88,987 <INTEREST-INVEST> 17,716 <INTEREST-OTHER> 4,057 <INTEREST-TOTAL> 110,760 <INTEREST-DEPOSIT> 38,291 <INTEREST-EXPENSE> 38,476 <INTEREST-INCOME-NET> 72,284 <LOAN-LOSSES> 51 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 27,458 <INCOME-PRETAX> 57,676 <INCOME-PRE-EXTRAORDINARY> 44,388 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 44,388 <EPS-PRIMARY> 4.53 <EPS-DILUTED> 4.41 <YIELD-ACTUAL> 4.97 <LOANS-NON> 213 <LOANS-PAST> 236 <LOANS-TROUBLED> 1,842 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 5,880 <CHARGE-OFFS> 25 <RECOVERIES> 18 <ALLOWANCE-CLOSE> 5,924 <ALLOWANCE-DOMESTIC> 5,924 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0