<ARTICLE> 5
<MULTIPLIER> 1,000

                                          
<PERIOD-TYPE>                                3-MOS
<FISCAL-YEAR-END>                            JUN-30-1999
<PERIOD-END>                                 JUN-30-1999
<CASH>                                       96,886
<SECURITIES>                                 38,812
<RECEIVABLES>                                12,036
<ALLOWANCES>                                 0
<INVENTORY>                                  0
<CURRENT-ASSETS>                             0<F1>
<PP&E>                                       0
<DEPRECIATION>                               0
<TOTAL-ASSETS>                               222,688
<CURRENT-LIABILITIES>                        0 <F1>
<BONDS>                                      0
<PREFERRED-MANDATORY>                        0
<PREFERRED>                                  0
<COMMON>                                     30
<OTHER-SE>                                   125,866
<TOTAL-LIABILITY-AND-EQUITY>                 125,896
<SALES>                                      0
<TOTAL-REVENUES>                             42,623
<CGS>                                        0
<TOTAL-COSTS>                                28,119
<OTHER-EXPENSES>                             0
<LOSS-PROVISION>                             0
<INTEREST-EXPENSE>                           (872)
<INCOME-PRETAX>                              20,859
<INCOME-TAX>                                 8,260
<INCOME-CONTINUING>                          11,655
<DISCONTINUED>                               0
<EXTRAORDINARY>                              0
<CHANGES>                                    0
<NET-INCOME>                                 11,655
<EPS-BASIC>                                0.39
<EPS-DILUTED>                                0.39
<FN>
<F1> UNCLASSIFIED STATEMENT OF FINANCIAL CONDITION.