<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE JUNE 30, 1997 CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATMENT OF INCOME FOR THE SIX MONTHS ENDED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1997 <CASH> 383,213 <INT-BEARING-DEPOSITS> 1,859,818 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 4,381,862 <INVESTMENTS-CARRYING> 12,521,387 <INVESTMENTS-MARKET> 12,515,786 <LOANS> 12,885,609 <ALLOWANCE> 317,641 <TOTAL-ASSETS> 32,982,926 <DEPOSITS> 28,426,309 <SHORT-TERM> 0 <LIABILITIES-OTHER> 274,559 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,645 <OTHER-SE> (193,361) <TOTAL-LIABILITIES-AND-EQUITY> 32,982,926 <INTEREST-LOAN> 557,911 <INTEREST-INVEST> 528,012 <INTEREST-OTHER> 48,001 <INTEREST-TOTAL> 1,133,924 <INTEREST-DEPOSIT> 579,983 <INTEREST-EXPENSE> 19,733 <INTEREST-INCOME-NET> 534,208 <LOAN-LOSSES> 1,424 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 416,588 <INCOME-PRETAX> 246,705 <INCOME-PRE-EXTRAORDINARY> 246,705 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 162,818 <EPS-PRIMARY> .67 <EPS-DILUTED> .67 <YIELD-ACTUAL> 7.44 <LOANS-NON> 184,406 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 297,345 <ALLOWANCE-OPEN> 300,371 <CHARGE-OFFS> 4,432 <RECOVERIES> 12,662 <ALLOWANCE-CLOSE> 292,141 <ALLOWANCE-DOMESTIC> 37,504 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 254,637