<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 2,847 <INT-BEARING-DEPOSITS> 1,342 <FED-FUNDS-SOLD> 8,600 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 95,604 <INVESTMENTS-CARRYING> 275,429 <INVESTMENTS-MARKET> 274,087 <LOANS> 1,066,918 <ALLOWANCE> 11,042 <TOTAL-ASSETS> 1,473,054 <DEPOSITS> 964,133 <SHORT-TERM> 58,040 <LIABILITIES-OTHER> 18,763 <LONG-TERM> 345,997 <PREFERRED-MANDATORY> 55,536 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 30,585 <TOTAL-LIABILITIES-AND-EQUITY> 1,473,054 <INTEREST-LOAN> 86,151 <INTEREST-INVEST> 18,158 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 104,309 <INTEREST-DEPOSIT> 43,859 <INTEREST-EXPENSE> 61,546 <INTEREST-INCOME-NET> 42,763 <LOAN-LOSSES> 1,100 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 39,543 <INCOME-PRETAX> 9,344 <INCOME-PRE-EXTRAORDINARY> 9,344 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,995 <EPS-PRIMARY> 1.11 <EPS-DILUTED> 1.09 <YIELD-ACTUAL> 3.26 <LOANS-NON> 6,621 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 15,900 <ALLOWANCE-OPEN> 10,081 <CHARGE-OFFS> 1,530 <RECOVERIES> 1,391 <ALLOWANCE-CLOSE> 11,042 <ALLOWANCE-DOMESTIC> 11,042 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0