<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MARCH 31, 1997, CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT
OF INCOME FOR THE THREE MONTHS ENDED MARCH 31, 1997, AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1997
<CASH>                                         498,535
<INT-BEARING-DEPOSITS>                       1,348,735
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  3,907,312
<INVESTMENTS-CARRYING>                      12,907,377
<INVESTMENTS-MARKET>                        12,908,016
<LOANS>                                     12,369,901
<ALLOWANCE>                                    326,178
<TOTAL-ASSETS>                              31,997,638
<DEPOSITS>                                  27,329,501
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            255,882
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,645
<OTHER-SE>                                   (200,381)
<TOTAL-LIABILITIES-AND-EQUITY>              31,997,638
<INTEREST-LOAN>                                276,463
<INTEREST-INVEST>                              262,219
<INTEREST-OTHER>                                22,350
<INTEREST-TOTAL>                               561,032
<INTEREST-DEPOSIT>                             277,134
<INTEREST-EXPENSE>                              15,536
<INTEREST-INCOME-NET>                          268,362
<LOAN-LOSSES>                                    1,220
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                212,343
<INCOME-PRETAX>                                119,307
<INCOME-PRE-EXTRAORDINARY>                     119,307
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    77,607
<EPS-PRIMARY>                                      .32
<EPS-DILUTED>                                      .32
<YIELD-ACTUAL>                                    7.42
<LOANS-NON>                                    160,444
<LOANS-PAST>                                    11,171
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                251,515
<ALLOWANCE-OPEN>                               296,452
<CHARGE-OFFS>                                    3,919
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              300,371
<ALLOWANCE-DOMESTIC>                            45,734
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        254,637