<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from financial statement as of and for the 3rd and 6th months ended June 30, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-START> JAN-01-1997 JAN-01-1996 <PERIOD-END> JUN-30-1997 JUN-30-1996 <CASH> 7,739 3,115 <INT-BEARING-DEPOSITS> 11,179 2,383 <FED-FUNDS-SOLD> 0 0 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 158,384 231,478 <INVESTMENTS-CARRYING> 58,952 70,574 <INVESTMENTS-MARKET> 58,652 69,864 <LOANS> 347,925 266,122 <ALLOWANCE> 18,555 4,326 <TOTAL-ASSETS> 607,273 592,771 <DEPOSITS> 382,119 324,318 <SHORT-TERM> 151,873 143,277 <LIABILITIES-OTHER> 17,080 10,531 <LONG-TERM> 803 55,803 <COMMON> 55,398 58,842 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 0 0 <TOTAL-LIABILITIES-AND-EQUITY> 607,273 592,771 <INTEREST-LOAN> 20,744 10,607 <INTEREST-INVEST> 7,392 11,652 <INTEREST-OTHER> 431 253 <INTEREST-TOTAL> 28,567 22,512 <INTEREST-DEPOSIT> 8,706 7,335 <INTEREST-EXPENSE> 14,222 12,694 <INTEREST-INCOME-NET> 14,345 9,817 <LOAN-LOSSES> 18,059 1,125 <SECURITIES-GAINS> 75 1,096 <EXPENSE-OTHER> 12,330 7,536 <INCOME-PRETAX> (8,323) 2,876 <INCOME-PRE-EXTRAORDINARY> (5,294) 1,877 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 5,294 1,877 <EPS-PRIMARY> (1.51) .23 <EPS-DILUTED> (1.51) .23 <YIELD-ACTUAL> 9.76 7.80 <LOANS-NON> 17,774 2,633 <LOANS-PAST> 0 0 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 7,208 3,460 <CHARGE-OFFS> 5,523 259 <RECOVERIES> 32 0 <ALLOWANCE-CLOSE> 18,555 4,326 <ALLOWANCE-DOMESTIC> 16,901 2,552 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 1,654 1,774