<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> JUN-30-1996 <CASH> 16,680 <INT-BEARING-DEPOSITS> 33,371 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 684,060 <INVESTMENTS-CARRYING> 223,185 <INVESTMENTS-MARKET> 222,308 <LOANS> 1,532,624 <ALLOWANCE> 16,713 <TOTAL-ASSETS> 2,661,006 <DEPOSITS> 1,626,646 <SHORT-TERM> 0 <LIABILITIES-OTHER> 24,763 <LONG-TERM> 834,325 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 57 <OTHER-SE> 175,214 <TOTAL-LIABILITIES-AND-EQUITY> 2,661,006 <INTEREST-LOAN> 29,535 <INTEREST-INVEST> 14,076 <INTEREST-OTHER> 608 <INTEREST-TOTAL> 44,219 <INTEREST-DEPOSIT> 18,037 <INTEREST-EXPENSE> 28,399 <INTEREST-INCOME-NET> 15,820 <LOAN-LOSSES> 450 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 14,726 <INCOME-PRETAX> 7,247 <INCOME-PRE-EXTRAORDINARY> 5,037 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,037 <EPS-PRIMARY> 0.85 <EPS-DILUTED> 0.85 <YIELD-ACTUAL> 7.15 <LOANS-NON> 20,077 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 10,639 <ALLOWANCE-OPEN> 16,330 <CHARGE-OFFS> 158 <RECOVERIES> 91 <ALLOWANCE-CLOSE> 16,713 <ALLOWANCE-DOMESTIC> 16,713 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0