<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <CASH> 37,546 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 22,065 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 189,971 <INVESTMENTS-CARRYING> 1,967,386 <INVESTMENTS-MARKET> 1,918,071 <LOANS> 945,022 <ALLOWANCE> 11,518 <TOTAL-ASSETS> 3,363,762 <DEPOSITS> 2,472,215 <SHORT-TERM> 653,493 <LIABILITIES-OTHER> 49,578 <LONG-TERM> 42,257 <COMMON> 155 <PREFERRED-MANDATORY> 0 <PREFERRED> 4 <OTHER-SE> 146,060 <TOTAL-LIABILITIES-AND-EQUITY> 3,363,762 <INTEREST-LOAN> 17,659 <INTEREST-INVEST> 33,660 <INTEREST-OTHER> 2,086 <INTEREST-TOTAL> 53,405 <INTEREST-DEPOSIT> 27,097 <INTEREST-EXPENSE> 38,847 <INTEREST-INCOME-NET> 14,558 <LOAN-LOSSES> 750 <SECURITIES-GAINS> 2,703 <EXPENSE-OTHER> 14,412 <INCOME-PRETAX> 4,340 <INCOME-PRE-EXTRAORDINARY> 4,340 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,517 <EPS-PRIMARY> .11 <EPS-DILUTED> .11 <YIELD-ACTUAL> 1.70 <LOANS-NON> 27,927 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,363 <ALLOWANCE-OPEN> 11,746 <CHARGE-OFFS> 1,072 <RECOVERIES> 94 <ALLOWANCE-CLOSE> 11,518 <ALLOWANCE-DOMESTIC> 10,974 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 544