<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM DECEMBER 31, 1999 ANNUAL REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 3,302 <SECURITIES> 162,682 <RECEIVABLES> 1,148 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,462 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 167,144 <CURRENT-LIABILITIES> 150,589 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 18,865 <OTHER-SE> (2,351) <TOTAL-LIABILITY-AND-EQUITY> 167,144 <SALES> 0 <TOTAL-REVENUES> 9,501 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 400 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,892 <INCOME-PRETAX> 1,209 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,209 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,209 <EPS-BASIC> 0.53 <EPS-DILUTED> 0.53