<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1998 <PERIOD-START> APR-01-1998 JAN-01-1998 <PERIOD-END> JUN-30-1998 JUN-30-1998 <CASH> 20,283 21,928 <INT-BEARING-DEPOSITS> 0 0 <FED-FUNDS-SOLD> 0 0 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 0 0 <INVESTMENTS-CARRYING> 0 0 <INVESTMENTS-MARKET> 0 0 <LOANS> 2,241,849 1,655,259 <ALLOWANCE> 12,000 5,500 <TOTAL-ASSETS> 2,573,280 1,901,084 <DEPOSITS> 1,374,865 1,109,933 <SHORT-TERM> 701,500 482,378 <LIABILITIES-OTHER> 354,140 182,156 <LONG-TERM> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 137 137 <OTHER-SE> 142,638 126,480 <TOTAL-LIABILITIES-AND-EQUITY> 2,573,280 1,901,084 <INTEREST-LOAN> 45,418 82,503 <INTEREST-INVEST> 0 0 <INTEREST-OTHER> 1,060 1,883 <INTEREST-TOTAL> 46,478 84,386 <INTEREST-DEPOSIT> 19,514 36,243 <INTEREST-EXPENSE> 34,003 61,415 <INTEREST-INCOME-NET> 12,475 22,971 <LOAN-LOSSES> 5,618 8,239 <SECURITIES-GAINS> 0 0 <EXPENSE-OTHER> 18,139 33,438 <INCOME-PRETAX> 20,183 32,636 <INCOME-PRE-EXTRAORDINARY> 20,183 32,636 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 10,183 17,936 <EPS-PRIMARY> .74 1.31 <EPS-DILUTED> .73 1.27 <YIELD-ACTUAL> 2.02 2.03 <LOANS-NON> 35,700 44,300 <LOANS-PAST> 0 0 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 7,000 5,500 <CHARGE-OFFS> 618 1,739 <RECOVERIES> 0 0 <ALLOWANCE-CLOSE> 12,000 12,000 <ALLOWANCE-DOMESTIC> 0 0 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 12,000 12,000