<ARTICLE> 9 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR 4-MOS <FISCAL-YEAR-END> OCT-31-1997 OCT-31-1998 <PERIOD-START> NOV-01-1996 NOV-01-1997 <PERIOD-END> OCT-31-1997 FEB-28-1998 <EXCHANGE-RATE> 1 1 <CASH> 25,611 27,282 <INT-BEARING-DEPOSITS> 0 0 <FED-FUNDS-SOLD> 7,150 15,973 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 214,472 210,207 <INVESTMENTS-CARRYING> 12,633 12,322 <INVESTMENTS-MARKET> 12,694 12,387 <LOANS> 824,474 854,904 <ALLOWANCE> 10,642 10,747 <TOTAL-ASSETS> 1,106,590 1,143,559 <DEPOSITS> 937,948 951,449 <SHORT-TERM> 9,697 11,382 <LIABILITIES-OTHER> 9,798 10,439 <LONG-TERM> 51,006 67,171 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 98,141 103,118 <TOTAL-LIABILITIES-AND-EQUITY> 1,106,590 1,143,559 <INTEREST-LOAN> 65,499 23,320 <INTEREST-INVEST> 13,298 4,512 <INTEREST-OTHER> 1,235 491 <INTEREST-TOTAL> 80,032 28,323 <INTEREST-DEPOSIT> 36,109 12,571 <INTEREST-EXPENSE> 39,831 14,064 <INTEREST-INCOME-NET> 40,201 14,259 <LOAN-LOSSES> 1,865 183 <SECURITIES-GAINS> 37 (7) <EXPENSE-OTHER> 8,868 24,810 <INCOME-PRETAX> 19,469 7,433 <INCOME-PRE-EXTRAORDINARY> 19,469 7,433 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 11,784 4,410 <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0 <YIELD-ACTUAL> 3.95 3.97<F1> <LOANS-NON> 10,925 9,885 <LOANS-PAST> 489 575 <LOANS-TROUBLED> 130 559<F2> <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 10,334 10,642 <CHARGE-OFFS> 1,934 215 <RECOVERIES> 377 137 <ALLOWANCE-CLOSE> 10,642 10,747 <ALLOWANCE-DOMESTIC> 10,642 10,747 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 0 0 <FN> <F1>Percent is based upon annualized net interest margin. <F2>Represents accruing restructured loans. </FN>