<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> OCT-31-1996 <PERIOD-END> JAN-31-1996 <CASH> 21,524 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 22,700 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,270,825 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 200,826 <ALLOWANCE> 2,002 <TOTAL-ASSETS> 1,715,070 <DEPOSITS> 1,352,332 <SHORT-TERM> 113,929 <LIABILITIES-OTHER> 20,676 <LONG-TERM> 16,575 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,251 <OTHER-SE> 206,307 <TOTAL-LIABILITIES-AND-EQUITY> 1,715,070 <INTEREST-LOAN> 7,950 <INTEREST-INVEST> 23,014 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 30,964 <INTEREST-DEPOSIT> 15,145 <INTEREST-EXPENSE> 18,023 <INTEREST-INCOME-NET> 12,941 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 15,573 <EXPENSE-OTHER> 7,061 <INCOME-PRETAX> 22,135 <INCOME-PRE-EXTRAORDINARY> 14,315 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 14,315 <EPS-PRIMARY> 2.70 <EPS-DILUTED> 2.69 <YIELD-ACTUAL> 7.54 <LOANS-NON> 4,085 <LOANS-PAST> 0 <LOANS-TROUBLED> 586 <LOANS-PROBLEM> 16,584 <ALLOWANCE-OPEN> 2,121 <CHARGE-OFFS> 134 <RECOVERIES> 15 <ALLOWANCE-CLOSE> 2,002 <ALLOWANCE-DOMESTIC> 2,002 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0