<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Statement of Financial Condition at December 31, 1997 and
the Consolidated Statement of Operations for the 12 months Ended December
31, 1997 and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                          35,745
<INT-BEARING-DEPOSITS>                       1,309,564
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    499,380
<INVESTMENTS-CARRYING>                         229,461
<INVESTMENTS-MARKET>                           229,698
<LOANS>                                      1,150,781
<ALLOWANCE>                                     12,528
<TOTAL-ASSETS>                               1,974,890
<DEPOSITS>                                   1,365,012
<SHORT-TERM>                                   380,028
<LIABILITIES-OTHER>                             30,219
<LONG-TERM>                                     86,766
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           100
<OTHER-SE>                                     112,765
<TOTAL-LIABILITIES-AND-EQUITY>               1,974,890
<INTEREST-LOAN>                                 78,486
<INTEREST-INVEST>                               47,820
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                               126,306
<INTEREST-DEPOSIT>                              51,600
<INTEREST-EXPENSE>                              74,400
<INTEREST-INCOME-NET>                           51,906
<LOAN-LOSSES>                                    2,750
<SECURITIES-GAINS>                                 (5)
<EXPENSE-OTHER>                                 45,847
<INCOME-PRETAX>                                 17,221
<INCOME-PRE-EXTRAORDINARY>                      17,221
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    11,083
<EPS-PRIMARY>                                     1.32<F1>
<EPS-DILUTED>                                     1.24<F1>
<YIELD-ACTUAL>                                    3.06
<LOANS-NON>                                     10,396
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                 2,136
<LOANS-PROBLEM>                                 22,734
<ALLOWANCE-OPEN>                                10,704
<CHARGE-OFFS>                                    1,686
<RECOVERIES>                                       760
<ALLOWANCE-CLOSE>                               12,528
<ALLOWANCE-DOMESTIC>                            12,528
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
<FN>
<F1                        1996            1995
EPS:
   Basic                   1.13            0.99
   Diluted                 1.08            0.96

Per share amendments reflect the 2-for-1 stock split effective November
1997.
</FN>