<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF INCOME FILED AS PART OF THE ANNUAL REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ANNUAL REPORT ON FORM 10-K. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 33,746 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 18,220 <INVESTMENTS-CARRYING> 60,022 <INVESTMENTS-MARKET> 60,066 <LOANS> 729,862 <ALLOWANCE> 10,134 <TOTAL-ASSETS> 882,504 <DEPOSITS> 790,803 <SHORT-TERM> 0 <LIABILITIES-OTHER> 15,165 <LONG-TERM> 4,418 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 74 <OTHER-SE> 72,044 <TOTAL-LIABILITIES-AND-EQUITY> 882,504 <INTEREST-LOAN> 53,819 <INTEREST-INVEST> 7,680 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 61,499 <INTEREST-DEPOSIT> 31,979 <INTEREST-EXPENSE> 33,038 <INTEREST-INCOME-NET> 28,461 <LOAN-LOSSES> 2,838 <SECURITIES-GAINS> (4) <EXPENSE-OTHER> 32,940 <INCOME-PRETAX> (350) <INCOME-PRE-EXTRAORDINARY> (350) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (357) <EPS-PRIMARY> (0.07)<F1> <EPS-DILUTED> (0.07) <YIELD-ACTUAL> 7.68 <LOANS-NON> 13,298 <LOANS-PAST> 0 <LOANS-TROUBLED> 12,001 <LOANS-PROBLEM> 20,528 <ALLOWANCE-OPEN> 14,745 <CHARGE-OFFS> 7,889 <RECOVERIES> 440 <ALLOWANCE-CLOSE> 10,134 <ALLOWANCE-DOMESTIC> 10,134 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0 <FN> <F1> EPS-PRIMARY IS NOW EPS-BASIC PER FSAS 128. </FN>