<ARTICLE> 9
<MULTIPLIER> 1,000
       
                             

<PERIOD-TYPE>                   6-MOS        12-MOS
<FISCAL-YEAR-END>           DEC-31-1995    DEC-31-1995
<PERIOD-END>                JUN-30-1996    DEC-31-1995
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<INT-BEARING-DEPOSITS>                0        267,776
<FED-FUNDS-SOLD>                      0              0
<TRADING-ASSETS>                      0              0
<INVESTMENTS-HELD-FOR-SALE>           0              0
<INVESTMENTS-CARRYING>           71,727         28,713
<INVESTMENTS-MARKET>                  0              0
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<ALLOWANCE>                      13,951         13,729
<TOTAL-ASSETS>                2,121,039      2,510,635
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<SHORT-TERM>                    709,967      1,070,815
<LIABILITIES-OTHER>             127,302         60,261
<LONG-TERM>                      88,189        192,468
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<PREFERRED>                           0              0
<COMMON>                        138,485         51,981
<OTHER-SE>                       67,872         42,121
<TOTAL-LIABILITIES-AND-EQUITY>2,121,039      2,510,635
<INTEREST-LOAN>                  88,282        120,244
<INTEREST-INVEST>                 2,389          6,630
<INTEREST-OTHER>                  3,209          2,608
<INTEREST-TOTAL>                 93,880        129,482
<INTEREST-DEPOSIT>                    0              0
<INTEREST-EXPENSE>               67,738         95,728
<INTEREST-INCOME-NET>            26,142         33,754
<LOAN-LOSSES>                     3,525          5,450
<SECURITIES-GAINS>                    0              0
<EXPENSE-OTHER>                  47,820         61,180
<INCOME-PRETAX>                  92,536         24,130
<INCOME-PRE-EXTRAORDINARY>       92,536         14,193
<EXTRAORDINARY>                       0              0
<CHANGES>                             0              0
<NET-INCOME>                     51,657         14,193
<EPS-PRIMARY>                      2.79            .75
<EPS-DILUTED>                      2.78            .74
<YIELD-ACTUAL>                        0              0
<LOANS-NON>                      43,266         30,988
<LOANS-PAST>                          0              0
<LOANS-TROUBLED>                  1,314            870
<LOANS-PROBLEM>                       0              0
<ALLOWANCE-OPEN>                 13,729          7,054
<CHARGE-OFFS>                    (3,361)        (3,106)
<RECOVERIES>                         58             11
<ALLOWANCE-CLOSE>                13,951         13,729
<ALLOWANCE-DOMESTIC>             13,951         13,729
<ALLOWANCE-FOREIGN>                   0              0
<ALLOWANCE-UNALLOCATED>               0              0