<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 1,037,192 <INT-BEARING-DEPOSITS> 27,015 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 130,912 <INVESTMENTS-HELD-FOR-SALE> 16,247,250 <INVESTMENTS-CARRYING> 12,492,556 <INVESTMENTS-MARKET> 12,612,245 <LOANS> 69,475,130 <ALLOWANCE> 673,172 <TOTAL-ASSETS> 103,123,908 <DEPOSITS> 51,313,052 <SHORT-TERM> 491,063 <LIABILITIES-OTHER> 3,377,418 <LONG-TERM> 28,188,411 <PREFERRED-MANDATORY> 0 <PREFERRED> 49,250 <COMMON> 1,957,522 <OTHER-SE> 3,430,197 <TOTAL-LIABILITIES-AND-EQUITY> 103,123,908 <INTEREST-LOAN> 1,357,305 <INTEREST-INVEST> 440,498 <INTEREST-OTHER> 28,849 <INTEREST-TOTAL> 1,826,652 <INTEREST-DEPOSIT> 515,901 <INTEREST-EXPENSE> 1,113,779 <INTEREST-INCOME-NET> 667,530 <LOAN-LOSSES> 45,343 <SECURITIES-GAINS> 3,415 <EXPENSE-OTHER> 442,218 <INCOME-PRETAX> 419,141 <INCOME-PRE-EXTRAORDINARY> 256,471 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 256,471 <EPS-PRIMARY> 1.02<F1> <EPS-DILUTED> 1.02 <YIELD-ACTUAL> 2.96 <LOANS-NON> 604,034 <LOANS-PAST> 0 <LOANS-TROUBLED> 138,396 <LOANS-PROBLEM> 802,631 <ALLOWANCE-OPEN> 670,494 <CHARGE-OFFS> 48,544 <RECOVERIES> 5,870 <ALLOWANCE-CLOSE> 673,172 <ALLOWANCE-DOMESTIC> 41,839 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 585,585 <FN> <F1>FOR PURPOSES OF THIS EXHIBIT, PRIMARY MEANS BASIC. </FN>