<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                             845
<SECURITIES>                                      7105
<RECEIVABLES>                                    45552
<ALLOWANCES>                                       252
<INVENTORY>                                          0
<CURRENT-ASSETS>                                   250
<PP&E>                                            2964
<DEPRECIATION>                                     781
<TOTAL-ASSETS>                                   56692
<CURRENT-LIABILITIES>                            46476
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             3
<OTHER-SE>                                        6069
<TOTAL-LIABILITY-AND-EQUITY>                      6072
<SALES>                                              0
<TOTAL-REVENUES>                                  1080
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                   602
<LOSS-PROVISION>                                     9
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                     81
<INCOME-TAX>                                        27
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        54
<EPS-PRIMARY>                                     0.21
<EPS-DILUTED>                                     0.21