<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1998 <PERIOD-END> JUN-30-1999 JUN-30-1999 <CASH> 49,581 49,581 <SECURITIES> 32,603 32,603 <RECEIVABLES> 233,295 233,295 <ALLOWANCES> 7,545 7,545 <INVENTORY> 0 0 <CURRENT-ASSETS> 0 0 <PP&E> 0 0 <DEPRECIATION> 0 0 <TOTAL-ASSETS> 340,589 340,589 <CURRENT-LIABILITIES> 0 0 <BONDS> 133,897 133,897 <COMMON> 70 70 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 26,200 26,200 <OTHER-SE> 91,218 91,218 <TOTAL-LIABILITY-AND-EQUITY> 340,589 340,589 <SALES> 0 0 <TOTAL-REVENUES> 13,272 24,347 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 500 1,000 <INTEREST-EXPENSE> 4,724 9,352 <INCOME-PRETAX> 5,549 9,252 <INCOME-TAX> 2,137 3,562 <INCOME-CONTINUING> 3,207 5,485 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 3,207 5,485 <EPS-BASIC> .46 .80 <EPS-DILUTED> .45 .76