<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-END> JUN-30-1997 <CASH> 10,508 <INT-BEARING-DEPOSITS> 25,921 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 760,077 <INVESTMENTS-CARRYING> 236,187 <INVESTMENTS-MARKET> 235,663 <LOANS> 1,878,882 <ALLOWANCE> 18,062 <TOTAL-ASSETS> 3,097,515 <DEPOSITS> 1,725,779 <SHORT-TERM> 0 <LIABILITIES-OTHER> 40,621 <LONG-TERM> 1,133,878 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 86 <OTHER-SE> 197,151 <TOTAL-LIABILITIES-AND-EQUITY> 3,097,515 <INTEREST-LOAN> 34,280 <INTEREST-INVEST> 16,886 <INTEREST-OTHER> 1,104 <INTEREST-TOTAL> 52,270 <INTEREST-DEPOSIT> 18,991 <INTEREST-EXPENSE> 15,488 <INTEREST-INCOME-NET> 17,791 <LOAN-LOSSES> 1,600 <SECURITIES-GAINS> 4 <EXPENSE-OTHER> 14,820 <INCOME-PRETAX> 9,636 <INCOME-PRE-EXTRAORDINARY> 6,666 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,666 <EPS-PRIMARY> 0.75 <EPS-DILUTED> 0.75 <YIELD-ACTUAL> 7.21 <LOANS-NON> 7,820 <LOANS-PAST> 0 <LOANS-TROUBLED> 10,637 <LOANS-PROBLEM> 19,727 <ALLOWANCE-OPEN> 16,823 <CHARGE-OFFS> 781 <RECOVERIES> 420 <ALLOWANCE-CLOSE> 18,062 <ALLOWANCE-DOMESTIC> 18,062 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0