<ARTICLE>                                            9
<MULTIPLIER>                                     1,000
       
                                            
<PERIOD-TYPE>                                  YEAR
<FISCAL-YEAR-END>                              JUL-31-1996
<PERIOD-END>                                   JUL-31-1996
<CASH>                                          6,902,040
<INT-BEARING-DEPOSITS>                                  0
<FED-FUNDS-SOLD>                                        0
<TRADING-ASSETS>                                        0
<INVESTMENTS-HELD-FOR-SALE>                    92,554,824
<INVESTMENTS-CARRYING>                        170,089,489
<INVESTMENTS-MARKET>                          179,497,631
<LOANS>                                       166,530,532
<ALLOWANCE>                                     3,073,158
<TOTAL-ASSETS>                                457,859,985
<DEPOSITS>                                    354,246,770
<SHORT-TERM>                                   54,721,429
<LIABILITIES-OTHER>                             3,132,105
<LONG-TERM>                                             0
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                        5,856,152
<OTHER-SE>                                     39,903,529
<TOTAL-LIABILITIES-AND-EQUITY>                457,859,985
<INTEREST-LOAN>                                14,131,327
<INTEREST-INVEST>                              16,841,028
<INTEREST-OTHER>                                        0
<INTEREST-TOTAL>                               30,972,355
<INTEREST-DEPOSIT>                             14,064,295
<INTEREST-EXPENSE>                             16,549,770
<INTEREST-INCOME-NET>                          14,422,585
<LOAN-LOSSES>                                     664,221
<SECURITIES-GAINS>                              2,768,781
<EXPENSE-OTHER>                                10,867,830
<INCOME-PRETAX>                                 9,920,120
<INCOME-PRE-EXTRAORDINARY>                      6,273,914
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                    6,273,914
<EPS-PRIMARY>                                        2.48
<EPS-DILUTED>                                        2.48
<YIELD-ACTUAL>                                       3.31
<LOANS-NON>                                     2,910,952
<LOANS-PAST>                                    2,910,952
<LOANS-TROUBLED>                                        0
<LOANS-PROBLEM>                                         0
<ALLOWANCE-OPEN>                                2,534,836
<CHARGE-OFFS>                                     429,341
<RECOVERIES>                                      303,442
<ALLOWANCE-CLOSE>                               3,073,158
<ALLOWANCE-DOMESTIC>                            3,073,158
<ALLOWANCE-FOREIGN>                                     0
<ALLOWANCE-UNALLOCATED>                                 0