<ARTICLE> 9 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 138,861 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 198,795 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 35,833 <INVESTMENTS-MARKET> 0 <LOANS> 5,940,107 <ALLOWANCE> 84,000 <TOTAL-ASSETS> 8,704,952 <DEPOSITS> 6,356,448 <SHORT-TERM> 1,472,454 <LIABILITIES-OTHER> 120,255 <LONG-TERM> 331,264 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 186 <OTHER-SE> 424,345 <TOTAL-LIABILITIES-AND-EQUITY> 8,704,952 <INTEREST-LOAN> 450,142 <INTEREST-INVEST> 21,210 <INTEREST-OTHER> 132,098 <INTEREST-TOTAL> 603,450 <INTEREST-DEPOSIT> 285,764 <INTEREST-EXPENSE> 388,650 <INTEREST-INCOME-NET> 214,800 <LOAN-LOSSES> 70,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 205,554 <INCOME-PRETAX> (10,649) <INCOME-PRE-EXTRAORDINARY> 10,836 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,836 <EPS-PRIMARY> .56 <EPS-DILUTED> .56 <YIELD-ACTUAL> 2.68 <LOANS-NON> 82,804 <LOANS-PAST> 8,537 <LOANS-TROUBLED> 30,200 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 82,000 <CHARGE-OFFS> 67,000 <RECOVERIES> 8,000 <ALLOWANCE-CLOSE> 93,000 <ALLOWANCE-DOMESTIC> 93,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0