<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALANCE SHEET AND PROFIT/LOSS STATEMENT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 57,576 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 2,119,888 <INVESTMENTS-CARRYING> 109,992 <INVESTMENTS-MARKET> 999,747 <LOANS> 0 <ALLOWANCE> 0 <TOTAL-ASSETS> 3,287,203 <DEPOSITS> 0 <SHORT-TERM> 0 <LIABILITIES-OTHER> 90,257 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,196,946 <TOTAL-LIABILITIES-AND-EQUITY> 3,287,203 <INTEREST-LOAN> 0 <INTEREST-INVEST> 257,946 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 0 <INTEREST-DEPOSIT> 0 <INTEREST-EXPENSE> 0 <INTEREST-INCOME-NET> 257,946 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 74,976 <INCOME-PRETAX> 182,970 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 182,970 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 0 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0