<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION  EXTRACTED FROM THE FORM
10-Q FOR THE  QUARTERLY  PERIOD  ENDED SEPTEMBER 30, 1999 AND IS  QUALIFIED  IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANICAL STATEMENTS.
</LEGEND>



                         
<PERIOD-TYPE>              9-MOS
<FISCAL-YEAR-END>                              Dec-31-1999
<PERIOD-START>                                 Jan-01-1999
<PERIOD-END>                                   Sep-30-1999
<CASH>                                         10,645,911
<SECURITIES>                                   19,940,092
<RECEIVABLES>                                  29,389,741 <F1>
<ALLOWANCES>                                            0
<INVENTORY>                                    31,861,707 <F2>
<CURRENT-ASSETS>                                3,207,960
<PP&E>                                             44,113
<DEPRECIATION>                                    (10,403)
<TOTAL-ASSETS>                                 95,079,121
<CURRENT-LIABILITIES>                           4,938,870
<BONDS>                                        66,163,914 <F3>
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                           43,891
<OTHER-SE>                                     23,932,446
<TOTAL-LIABILITY-AND-EQUITY>                   95,079,121
<SALES>                                           187,202
<TOTAL-REVENUES>                               14,399,178
<CGS>                                                   0
<TOTAL-COSTS>                                           0
<OTHER-EXPENSES>                                4,893,223
<LOSS-PROVISION>                                        0
<INTEREST-EXPENSE>                              3,520,312
<INCOME-PRETAX>                                 5,985,643
<INCOME-TAX>                                      564,765
<INCOME-CONTINUING>                             5,420,878
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                    5,420,878
<EPS-BASIC>                                        1.63
<EPS-DILUTED>                                        1.49


<FN>
<F1> INCLUDES MATURED POLICIES RECEIVABLE AND LOANS RECEIVABLE.
<F2> INCLUDES PURCHASED LIFE INSURANCE POLICIES.
<F3> REPRESENTS LONG TERM BORROWINGS OF THE COMPANY.
</FN>