<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 2,190,913 <INT-BEARING-DEPOSITS> 28,168,612 <FED-FUNDS-SOLD> 1,333,582 <TRADING-ASSETS> 200,479 <INVESTMENTS-HELD-FOR-SALE> 11,455,372 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 42,889,478 <ALLOWANCE> 666,146 <TOTAL-ASSETS> 60,841,318 <DEPOSITS> 36,482,977 <SHORT-TERM> 11,102,220 <LIABILITIES-OTHER> 3,366,452 <LONG-TERM> 4,605,319 <PREFERRED-MANDATORY> 213,108 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 5,071,242 <TOTAL-LIABILITIES-AND-EQUITY> 60,841,318 <INTEREST-LOAN> 2,456,936 <INTEREST-INVEST> 412,602 <INTEREST-OTHER> 50,603 <INTEREST-TOTAL> 2,920,141 <INTEREST-DEPOSIT> 851,251 <INTEREST-EXPENSE> 1,437,037 <INTEREST-INCOME-NET> 1,483,104 <LOAN-LOSSES> 93,465 <SECURITIES-GAINS> 2,872 <EXPENSE-OTHER> 1,441,488 <INCOME-PRETAX> 824,517 <INCOME-PRE-EXTRAORDINARY> 554,716 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 554,716 <EPS-PRIMARY> 2.68 <EPS-DILUTED> 2.64 <YIELD-ACTUAL> 3.95 <LOANS-NON> 141,300 <LOANS-PAST> 38,700 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 651,830 <CHARGE-OFFS> 117,103 <RECOVERIES> 37,959 <ALLOWANCE-CLOSE> 666,146 <ALLOWANCE-DOMESTIC> 666,146 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 432,995