<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 6-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 DEC-31-1996 <PERIOD-END> JUN-30-1997 JUN-30-1997 DEC-31-1996 <CASH> 28,425 28,425 24,480 <SECURITIES> 27,759 27,759 18,004 <RECEIVABLES> 112,225 112,225 92,256 <ALLOWANCES> 5,541 5,541 4,528 <INVENTORY> 0 0 0 <CURRENT-ASSETS> 0 0 0 <PP&E> 0 0 0 <DEPRECIATION> 0 0 0 <TOTAL-ASSETS> 175,310 175,310 153,800 <CURRENT-LIABILITIES> 0 0 0 <BONDS> 66,382 66,382 46,995 <PREFERRED-MANDATORY> 0 0 54 <PREFERRED> 0 0 0 <COMMON> 56 56 0 <OTHER-SE> 47,547 47,547 42,394 <TOTAL-LIABILITY-AND-EQUITY> 175,310 175,310 153,800 <SALES> 0 0 0 <TOTAL-REVENUES> 7,691 14,098 24,183 <CGS> 0 0 0 <TOTAL-COSTS> 0 0 0 <OTHER-EXPENSES> 0 0 0 <LOSS-PROVISION> 300 735 1,954 <INTEREST-EXPENSE> 2,648 5,042 7,197 <INCOME-PRETAX> 3,057 4,919 8,574 <INCOME-TAX> 1,177 1,894 3,301 <INCOME-CONTINUING> 1,880 3,025 5,273 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 1,880 3,025 5,273 <EPS-PRIMARY> .32 .52 .93 <EPS-DILUTED> .32 .52 0