<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 2,087,480 <INT-BEARING-DEPOSITS> 68,011 <FED-FUNDS-SOLD> 363,308 <TRADING-ASSETS> 33,714 <INVESTMENTS-HELD-FOR-SALE> 10,627,510 <INVESTMENTS-CARRYING> 1,027,335 <INVESTMENTS-MARKET> 1,065,980 <LOANS> 24,252,074 <ALLOWANCE> 463,733 <TOTAL-ASSETS> 40,299,201 <DEPOSITS> 31,124,581 <SHORT-TERM> 4,273,563 <LIABILITIES-OTHER> 687,323 <LONG-TERM> 616,413 <PREFERRED-MANDATORY> 961 <PREFERRED> 99,091 <COMMON> 158,401 <OTHER-SE> 3,338,868 <TOTAL-LIABILITIES-AND-EQUITY> 40,299,201 <INTEREST-LOAN> 528,584 <INTEREST-INVEST> 175,669 <INTEREST-OTHER> 14,308 <INTEREST-TOTAL> 718,561 <INTEREST-DEPOSIT> 257,282 <INTEREST-EXPENSE> 329,387 <INTEREST-INCOME-NET> 389,174 <LOAN-LOSSES> 26,217 <SECURITIES-GAINS> 477 <EXPENSE-OTHER> 399,491 <INCOME-PRETAX> 176,046 <INCOME-PRE-EXTRAORDINARY> 111,124 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 111,124 <EPS-PRIMARY> 0.69 <EPS-DILUTED> 0.69 <YIELD-ACTUAL> 4.40 <LOANS-NON> 183,532 <LOANS-PAST> 37,361 <LOANS-TROUBLED> 6,029 <LOANS-PROBLEM> 741,500 <ALLOWANCE-OPEN> 452,560 <CHARGE-OFFS> 31,156 <RECOVERIES> 15,221 <ALLOWANCE-CLOSE> 463,733 <ALLOWANCE-DOMESTIC> 463,733 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0