<ARTICLE>     9
       
<LEGEND>
     THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
     THE BALANCE SHEET AND INCOME STATEMENT AND FROM THE MANAGEMENT DISCUSSION
     AND ANALYSIS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
     FINANCIAL STATEMENTS AND MANAGEMENT DISCUSSION.
</LEGEND>

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                            DEC-31-1996
<PERIOD-END>                                 DEC-31-1996
<CASH>                                         1,622,542
<INT-BEARING-DEPOSITS>                         7,565,419
<FED-FUNDS-SOLD>                               5,768,110
<TRADING-ASSETS>                                 254,527
<INVESTMENTS-HELD-FOR-SALE>                    8,528,145
<INVESTMENTS-CARRYING>                           858,758
<INVESTMENTS-MARKET>                             859,196
<LOANS>                                        4,712,955
<ALLOWANCE>                                       72,614
<TOTAL-ASSETS>                                31,523,866
<DEPOSITS>                                    19,519,315
<SHORT-TERM>                                   8,240,186
<LIABILITIES-OTHER>                            1,514,007
<LONG-TERM>                                      275,635
<PREFERRED-MANDATORY>                                  0
<PREFERRED>                                            0
<COMMON>                                          83,615
<OTHER-SE>                                     1,691,108
<TOTAL-LIABILITIES-AND-EQUITY>                31,523,866
<INTEREST-LOAN>                                  278,264
<INTEREST-INVEST>                                454,462
<INTEREST-OTHER>                                 709,976
<INTEREST-TOTAL>                               1,442,702
<INTEREST-DEPOSIT>                               424,746
<INTEREST-EXPENSE>                               891,754
<INTEREST-INCOME-NET>                            550,948
<LOAN-LOSSES>                                      8,000
<SECURITIES-GAINS>                                 5,151
<EXPENSE-OTHER>                                1,397,502
<INCOME-PRETAX>                                  447,153
<INCOME-PRE-EXTRAORDINARY>                       447,153
<EXTRAORDINARY>                                        0
<CHANGES>                                              0
<NET-INCOME>                                     292,835
<EPS-PRIMARY>                                       3.59
<EPS-DILUTED>                                       3.56
<YIELD-ACTUAL>                                      5.61
<LOANS-NON>                                       12,010
<LOANS-PAST>                                          18
<LOANS-TROUBLED>                                       0
<LOANS-PROBLEM>                                        0
<ALLOWANCE-OPEN>                                  63,491
<CHARGE-OFFS>                                      5,760
<RECOVERIES>                                       6,883
<ALLOWANCE-CLOSE>                                 72,614
<ALLOWANCE-DOMESTIC>                              62,844
<ALLOWANCE-FOREIGN>                                9,770
<ALLOWANCE-UNALLOCATED>                                0