WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE>                                  5
<MULTIPLIER>                           1,000
       
                                    RESTATED
                                      
<PERIOD-TYPE>                              3-MOS
<FISCAL-YEAR-END>                     DEC-31-1996
<PERIOD-END>                          MAR-31-1996
<CASH>                                22,356
<SECURITIES>                          15,126
<RECEIVABLES>                         66,264
<ALLOWANCES>                            3,615
<INVENTORY>                                0
<CURRENT-ASSETS>                           0
<PP&E>                                     0
<DEPRECIATION>                             0
<TOTAL-ASSETS>                       118,094
<CURRENT-LIABILITIES>                      0
<BONDS>                               47,401
<COMMON>                                  52
<PREFERRED-MANDATORY>                      0
<PREFERRED>                                0
<OTHER-SE>                            38,170
<TOTAL-LIABILITY-AND-EQUITY>         118,094
<SALES>                                    0
<TOTAL-REVENUES>                        4,715
<CGS>                                      0
<TOTAL-COSTS>                              0
<OTHER-EXPENSES>                           0
<LOSS-PROVISION>                         425
<INTEREST-EXPENSE>                     1,529
<INCOME-PRETAX>                        1,295
<INCOME-TAX>                             497
<INCOME-CONTINUING>                      798
<DISCONTINUED>                             0
<EXTRAORDINARY>                            0
<CHANGES>                                  0
<NET-INCOME>                             798
<EPS-PRIMARY>                          .15
<EPS-DILUTED>                          .14