<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS FOUND IN
THE COMPANY'S FORM 10K FOR THE YEAR 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                          56,064
<SECURITIES>                                    72,565
<RECEIVABLES>                                        0
<ALLOWANCES>                                     7,645
<INVENTORY>                                          0
<CURRENT-ASSETS>                               321,681
<PP&E>                                          14,274
<DEPRECIATION>                                  10,220
<TOTAL-ASSETS>                                 446,719
<CURRENT-LIABILITIES>                          401,476
<BONDS>                                         12,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      5,750
<COMMON>                                        19,656
<OTHER-SE>                                       7,837<F1>
<TOTAL-LIABILITY-AND-EQUITY>                   446,719
<SALES>                                              0
<TOTAL-REVENUES>                                47,449
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                39,642
<LOSS-PROVISION>                                 2,100
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  5,707
<INCOME-TAX>                                     2,266
<INCOME-CONTINUING>                              3,441
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     3,441
<EPS-PRIMARY>                                     1.08
<EPS-DILUTED>                                     1.02
<FN>
<F1>includes unrealized loss on securities AFS of 187
</FN>