<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 9,505 <INT-BEARING-DEPOSITS> 750,312 <FED-FUNDS-SOLD> 7,500 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 727,434 <ALLOWANCE> 12,381 <TOTAL-ASSETS> 863,096 <DEPOSITS> 754,390 <SHORT-TERM> 40,000 <LIABILITIES-OTHER> 4,967 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 11,592 <COMMON> 30 <OTHER-SE> 39,642 <TOTAL-LIABILITIES-AND-EQUITY> 863,096 <INTEREST-LOAN> 32,681 <INTEREST-INVEST> 3,074 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 35,755 <INTEREST-DEPOSIT> 18,278 <INTEREST-EXPENSE> 20,981 <INTEREST-INCOME-NET> 14,774 <LOAN-LOSSES> 3,000 <SECURITIES-GAINS> (10) <EXPENSE-OTHER> 10,670 <INCOME-PRETAX> 3,154 <INCOME-PRE-EXTRAORDINARY> 3,154 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,781 <EPS-PRIMARY> 1.32 <EPS-DILUTED> .62 <YIELD-ACTUAL> 8.77 <LOANS-NON> 16,778 <LOANS-PAST> 0 <LOANS-TROUBLED> 43,556 <LOANS-PROBLEM> 41,319 <ALLOWANCE-OPEN> 13,657 <CHARGE-OFFS> 2,295 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 12,381 <ALLOWANCE-DOMESTIC> 12,381 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0