<ARTICLE> 9 <LEGEND> (Replace this text with the legend) </LEGEND> <CIK> 0000801337 <NAME> Webster Financial Corporation <MULTIPLIER> 1000 <CURRENCY> US <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> APR-01-1996 <PERIOD-END> JUN-30-1996 <EXCHANGE-RATE> 1 <CASH> 115,047 <INT-BEARING-DEPOSITS> 15,906 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 876,595 <INVESTMENTS-CARRYING> 590,795 <INVESTMENTS-MARKET> 585,329 <LOANS> 3,658,783 <ALLOWANCE> 52,277 <TOTAL-ASSETS> 5,526,212 <DEPOSITS> 4,491,161 <SHORT-TERM> 592,717 <LIABILITIES-OTHER> 64,659 <LONG-TERM> 40,000 <PREFERRED-MANDATORY> 2 <PREFERRED> 0 <COMMON> 134 <OTHER-SE> 337,539 <TOTAL-LIABILITIES-AND-EQUITY> 5,526,212 <INTEREST-LOAN> 72,931 <INTEREST-INVEST> 23,556 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 0 <INTEREST-DEPOSIT> 44,037 <INTEREST-EXPENSE> 53,386 <INTEREST-INCOME-NET> 43,101 <LOAN-LOSSES> 2,145 <SECURITIES-GAINS> 802 <EXPENSE-OTHER> 31,999 <INCOME-PRETAX> 17,082 <INCOME-PRE-EXTRAORDINARY> 17,082 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,075 <EPS-PRIMARY> 0.81 <EPS-DILUTED> 0.76 <YIELD-ACTUAL> 3.32 <LOANS-NON> 56,325 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 54,654 <CHARGE-OFFS> 5,139 <RECOVERIES> 617 <ALLOWANCE-CLOSE> 52,277 <ALLOWANCE-DOMESTIC> 52,277 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0