<ARTICLE> 9
<LEGEND>
This schedule contains summary information extracted from the Form 10-Q and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000930429
<NAME> MONTEREY BAY BANCORP, INC.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1996
<CASH>                                           4,092
<INT-BEARING-DEPOSITS>                           1,962
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     73,731
<INVESTMENTS-CARRYING>                             993
<INVESTMENTS-MARKET>                               985
<LOANS>                                        227,341
<ALLOWANCE>                                    (1,357)
<TOTAL-ASSETS>                                 318,879
<DEPOSITS>                                     222,697
<SHORT-TERM>                                    30,398
<LIABILITIES-OTHER>                              2,231
<LONG-TERM>                                     15,782
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            36
<OTHER-SE>                                      47,735
<TOTAL-LIABILITIES-AND-EQUITY>                 318,879
<INTEREST-LOAN>                                  4,428
<INTEREST-INVEST>                                1,365
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                                 5,793
<INTEREST-DEPOSIT>                               2,739
<INTEREST-EXPENSE>                               3,577
<INTEREST-INCOME-NET>                            2,216
<LOAN-LOSSES>                                       22
<SECURITIES-GAINS>                                  70
<EXPENSE-OTHER>                                  1,829
<INCOME-PRETAX>                                    525
<INCOME-PRE-EXTRAORDINARY>                         525
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       319
<EPS-PRIMARY>                                      .10
<EPS-DILUTED>                                      .10
<YIELD-ACTUAL>                                    7.35
<LOANS-NON>                                      2,729
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                    828
<ALLOWANCE-OPEN>                                 1,362
<CHARGE-OFFS>                                     (33)
<RECOVERIES>                                         6
<ALLOWANCE-CLOSE>                                1,357
<ALLOWANCE-DOMESTIC>                             1,357   
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0<F1>
<FN>
<F1> This information is not contained in the Form 10-Q.
</FN>