<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 69,022 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 159,706 <INVESTMENTS-CARRYING> 342,542 <INVESTMENTS-MARKET> 351,244 <LOANS> 576,495 <ALLOWANCE> 7,186 <TOTAL-ASSETS> 1,208,127 <DEPOSITS> 1,059,508 <SHORT-TERM> 10,000 <LIABILITIES-OTHER> 11,581 <LONG-TERM> 25,550 <PREFERRED-MANDATORY> 0 <PREFERRED> 4,500 <COMMON> 4,603 <OTHER-SE> 92,385 <TOTAL-LIABILITIES-AND-EQUITY> 1,208,127 <INTEREST-LOAN> 13,480 <INTEREST-INVEST> 8,873 <INTEREST-OTHER> 323 <INTEREST-TOTAL> 22,676 <INTEREST-DEPOSIT> 9,097 <INTEREST-EXPENSE> 9,471 <INTEREST-INCOME-NET> 13,205 <LOAN-LOSSES> 588 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 9,252 <INCOME-PRETAX> 5,318 <INCOME-PRE-EXTRAORDINARY> 5,318 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,138 <EPS-PRIMARY> 0.82 <EPS-DILUTED> 0.82 <YIELD-ACTUAL> 0 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0