<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheet, the consolidated statement of income and bank records and is qualified in its entirety by reference to such report on Form 10-K. dollars in thousands, except earnings per share figures </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 40,021 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 16,650 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 281,855 <INVESTMENTS-MARKET> 281,632 <LOANS> 759,424 <ALLOWANCE> 6,241 <TOTAL-ASSETS> 1,140,882 <DEPOSITS> 783,141 <SHORT-TERM> 181,634 <LIABILITIES-OTHER> 10,114 <LONG-TERM> 106,974 <PREFERRED-MANDATORY> 0 <PREFERRED> 5,000 <COMMON> 3,941 <OTHER-SE> 50,528 <TOTAL-LIABILITIES-AND-EQUITY> 1,140,882 <INTEREST-LOAN> 70,831 <INTEREST-INVEST> 9,880 <INTEREST-OTHER> 1,275 <INTEREST-TOTAL> 81,986 <INTEREST-DEPOSIT> 36,084 <INTEREST-EXPENSE> 43,855 <INTEREST-INCOME-NET> 38,131 <LOAN-LOSSES> 9,149 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 31,409 <INCOME-PRETAX> 4,670 <INCOME-PRE-EXTRAORDINARY> 2,727 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,727 <EPS-PRIMARY> 0.30 <EPS-DILUTED> 0.30 <YIELD-ACTUAL> 9.04 <LOANS-NON> 3,055 <LOANS-PAST> 17,906 <LOANS-TROUBLED> 1,809 <LOANS-PROBLEM> 3,645 <ALLOWANCE-OPEN> 3,695 <CHARGE-OFFS> 7,129 <RECOVERIES> 526 <ALLOWANCE-CLOSE> 6,241 <ALLOWANCE-DOMESTIC> 6,241 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 6,241