<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS AT DECEMBER 31, SEPTEMBER 30, JUNE 30, AND MARCH 31, 1996 AND THE CONSOLIDATED STATEMENTS OF INCOME FOR THE TWELVE, NINE, SIX, AND THREE MONTHS ENDED DECEMBER 31, SEPTEMBER 30, JUNE 30, AND MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR 9-MOS 6-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 DEC-31-1996 DEC-31-1996 <PERIOD-START> JAN-01-1996 JAN-01-1996 JAN-01-1996 JAN-01-1996 <PERIOD-END> DEC-31-1996 SEP-30-1996 JUN-30-1996 MAR-31-1996 <CASH> 10,584 17,397 5,942 9,376 <SECURITIES> 178,636 191,044 203,981 212,859 <RECEIVABLES> 352,103 346,002 333,989 309,922 <ALLOWANCES> 2,341 2,266 2,339 2,264 <INVENTORY> 0 0 0 0 <CURRENT-ASSETS> 202,634 215,988 227,103 171,669 <PP&E> 6,397 6,258 6,174 6,112 <DEPRECIATION> 2,816 2,714 2,636 2,550 <TOTAL-ASSETS> 554,732 565,385 554,979 542,012 <CURRENT-LIABILITIES> 259,882 252,827 250,594 242,148 <BONDS> 0 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 0 0 0 0 <COMMON> 61 61 61 61 <OTHER-SE> 82,039 83,608 87,202 90,818 <TOTAL-LIABILITY-AND-EQUITY> 554,732 565,385 554,979 542,012 <SALES> 0 0 0 0 <TOTAL-REVENUES> 41,787 31,353 20,926 10,497 <CGS> 0 0 0 0 <TOTAL-COSTS> 34,703 26,382 15,796 7,863 <OTHER-EXPENSES> 0 0 0 0 <LOSS-PROVISION> 300 225 150 75 <INTEREST-EXPENSE> 0 0 0 0 <INCOME-PRETAX> 6,784 4,745 4,980 2,559 <INCOME-TAX> 2,510 1,770 1,860 972 <INCOME-CONTINUING> 0 0 0 0 <DISCONTINUED> 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 <CHANGES> 0 0 0 0 <NET-INCOME> 4,274 2,975 3,120 1,587 <EPS-PRIMARY> .99 .68 .69 .34 <EPS-DILUTED> .96 .66 .67 .33