<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                      23,941,087
<INT-BEARING-DEPOSITS>                       3,511,050
<FED-FUNDS-SOLD>                            16,300,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 47,108,093
<INVESTMENTS-CARRYING>                     709,400,195
<INVESTMENTS-MARKET>                       706,504,786
<LOANS>                                  1,422,080,833
<ALLOWANCE>                                  7,158,648
<TOTAL-ASSETS>                           2,274,053,246
<DEPOSITS>                               1,795,528,501
<SHORT-TERM>                               260,709,077
<LIABILITIES-OTHER>                         20,079,261
<LONG-TERM>                                 19,900,000
<PREFERRED-MANDATORY>                       16,608,373
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                 161,228,033
<TOTAL-LIABILITIES-AND-EQUITY>           2,274,053,246
<INTEREST-LOAN>                             53,750,168
<INTEREST-INVEST>                           28,887,503
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                            82,637,671
<INTEREST-DEPOSIT>                          40,059,008
<INTEREST-EXPENSE>                          52,452,611
<INTEREST-INCOME-NET>                       30,185,060
<LOAN-LOSSES>                                  780,213
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                             21,869,403
<INCOME-PRETAX>                             10,840,335
<INCOME-PRE-EXTRAORDINARY>                  10,840,335
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                10,840,335
<EPS-PRIMARY>                                    1.611
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                  9,867,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                             1,789,000
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             6,878,072
<CHARGE-OFFS>                                  414,794
<RECOVERIES>                                    51,157
<ALLOWANCE-CLOSE>                            7,158,648
<ALLOWANCE-DOMESTIC>                         7,158,648
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0