<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE SEPTMEBER 30, 1996 CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 280,922 <INT-BEARING-DEPOSITS> 2,698,929 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 2,629,357 <INVESTMENTS-CARRYING> 13,938,346 <INVESTMENTS-MARKET> 13,926,694 <LOANS> 11,297,337 <ALLOWANCE> 327,259 <TOTAL-ASSETS> 31,345,320 <DEPOSITS> 26,629,524 <SHORT-TERM> 0 <LIABILITIES-OTHER> 402,677 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,645 <OTHER-SE> (223,252) <TOTAL-LIABILITIES-AND-EQUITY> 31,345,320 <INTEREST-LOAN> 775,593 <INTEREST-INVEST> 721,846 <INTEREST-OTHER> 78,066 <INTEREST-TOTAL> 1,575,505 <INTEREST-DEPOSIT> 866,547 <INTEREST-EXPENSE> 868,087 <INTEREST-INCOME-NET> 707,418 <LOAN-LOSSES> (11,183) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 761,485 <INCOME-PRETAX> 152,076 <INCOME-PRE-EXTRAORDINARY> 152,076 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 100,076 <EPS-PRIMARY> .42 <EPS-DILUTED> .42 <YIELD-ACTUAL> 7.24 <LOANS-NON> 70,960 <LOANS-PAST> 0 <LOANS-TROUBLED> 61,002 <LOANS-PROBLEM> 226,557 <ALLOWANCE-OPEN> 340,656 <CHARGE-OFFS> 18,397 <RECOVERIES> 5,000 <ALLOWANCE-CLOSE> 327,259 <ALLOWANCE-DOMESTIC> 45,460 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 281,799