<ARTICLE> 9 <LEGEND> STERLING BANCORP AND SUBSIDIARIES Article 9 of Regulation S-X Financial Data Schedule December 31, 1995 ($ in 000's, except per share) </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <CASH> 40,270 <INT-BEARING-DEPOSITS> 3,000 <FED-FUNDS-SOLD> 5,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 101,671 <INVESTMENTS-CARRYING> 197,567 <INVESTMENTS-MARKET> 196,573 <LOANS> 397,229 <ALLOWANCE> 5,192 <TOTAL-ASSETS> 775,608 <DEPOSITS> 551,028 <SHORT-TERM> 59,204 <LIABILITIES-OTHER> 42,373 <LONG-TERM> 39,346 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,526 <COMMON> 6,497 <OTHER-SE> 50,634 <TOTAL-LIABILITIES-AND-EQUITY> 775,608 <INTEREST-LOAN> 32,726 <INTEREST-INVEST> 20,040 <INTEREST-OTHER> 718 <INTEREST-TOTAL> 53,484 <INTEREST-DEPOSIT> 11,541 <INTEREST-EXPENSE> 19,319 <INTEREST-INCOME-NET> 34,165 <LOAN-LOSSES> 1,866 <SECURITIES-GAINS> 5 <EXPENSE-OTHER> 26,660 <INCOME-PRETAX> 11,617 <INCOME-PRE-EXTRAORDINARY> 11,617 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,638 <EPS-PRIMARY> .88 <EPS-DILUTED> .80 <YIELD-ACTUAL> 5.52 <LOANS-NON> 357 <LOANS-PAST> 199 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 268 <ALLOWANCE-OPEN> 4,136 <CHARGE-OFFS> 1,001 <RECOVERIES> 191 <ALLOWANCE-CLOSE> 5,192 <ALLOWANCE-DOMESTIC> 3,459 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,733