<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND INCOME STATEMENT AND FROM THE MANAGEMENT DISCUSSION AND ANALYSIS AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND
MANAGEMENT DISCUSSION.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               MAR-31-1998
<CASH>                                       1,253,522
<INT-BEARING-DEPOSITS>                       9,917,268
<FED-FUNDS-SOLD>                             9,091,539
<TRADING-ASSETS>                               128,057
<INVESTMENTS-HELD-FOR-SALE>                  9,162,884
<INVESTMENTS-CARRYING>                         901,549
<INVESTMENTS-MARKET>                           901,651
<LOANS>                                      5,679,950
<ALLOWANCE>                                     88,820
<TOTAL-ASSETS>                              39,009,801
<DEPOSITS>                                  23,593,260
<SHORT-TERM>                                10,521,309
<LIABILITIES-OTHER>                          2,044,289
<LONG-TERM>                                    773,878
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       167,225
<OTHER-SE>                                   1,909,840
<TOTAL-LIABILITIES-AND-EQUITY>              39,009,801
<INTEREST-LOAN>                                 92,463
<INTEREST-INVEST>                              147,065
<INTEREST-OTHER>                               257,710
<INTEREST-TOTAL>                               497,238
<INTEREST-DEPOSIT>                             154,449
<INTEREST-EXPENSE>                             321,811
<INTEREST-INCOME-NET>                          175,427
<LOAN-LOSSES>                                    5,001
<SECURITIES-GAINS>                                (31)
<EXPENSE-OTHER>                                474,012
<INCOME-PRETAX>                                159,645
<INCOME-PRE-EXTRAORDINARY>                     159,645
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   105,685
<EPS-PRIMARY>                                     0.66
<EPS-DILUTED>                                     0.64
<YIELD-ACTUAL>                                    5.72
<LOANS-NON>                                      1,368
<LOANS-PAST>                                        26
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                82,820
<CHARGE-OFFS>                                       28
<RECOVERIES>                                     1,023
<ALLOWANCE-CLOSE>                               88,820
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0