<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-START> JAN-01-1997 JAN-01-1996 <PERIOD-END> MAR-31-1997 MAR-31-1996 <CASH> 29,093 74,247 <INT-BEARING-DEPOSITS> 88,670 3,369 <FED-FUNDS-SOLD> 0 0 <TRADING-ASSETS> 23,734 25,180 <INVESTMENTS-HELD-FOR-SALE> 24,180 59,116 <INVESTMENTS-CARRYING> 0 0 <INVESTMENTS-MARKET> 0 0 <LOANS> 1,713,469 2,008,695 <ALLOWANCE> 23,310 19,999 <TOTAL-ASSETS> 2,096,241 2,470,639 <DEPOSITS> 1,161,357 1,069,184 <SHORT-TERM> 384,402 834,852 <LIABILITIES-OTHER> 83,059 163,886 <LONG-TERM> 219,782 163,209 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 146,767 145,521 <OTHER-SE> 96,014 88,977 <TOTAL-LIABILITIES-AND-EQUITY> 2,096,241 2,470,639 <INTEREST-LOAN> 42,930 45,194 <INTEREST-INVEST> 5,625 2,185 <INTEREST-OTHER> 657 2,141 <INTEREST-TOTAL> 49,212 49,520 <INTEREST-DEPOSIT> 17,145 15,039 <INTEREST-EXPENSE> 28,404 36,783 <INTEREST-INCOME-NET> 20,808 12,737 <LOAN-LOSSES> 2,870 1,500 <SECURITIES-GAINS> 0 0 <EXPENSE-OTHER> 21,287 28,708 <INCOME-PRETAX> 19,161 17,057 <INCOME-PRE-EXTRAORDINARY> 11,032 8,616 <EXTRAORDINARY> 3,995 0 <CHANGES> 0 0 <NET-INCOME> 7,037 8,616 <EPS-PRIMARY> .17 .24 <EPS-DILUTED> .17 .24 <YIELD-ACTUAL> 4.28 3.68 <LOANS-NON> 51,617 50,109 <LOANS-PAST> 0 0 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 19,999 13,729 <CHARGE-OFFS> 2,022 1,921 <RECOVERIES> 286 28 <ALLOWANCE-CLOSE> 23,310 13,336 <ALLOWANCE-DOMESTIC> 23,310 13,336 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 0 0