<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 528 <INT-BEARING-DEPOSITS> 82,195 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 107,044 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 854,646 <ALLOWANCE> 11,373 <TOTAL-ASSETS> 1,241,962 <DEPOSITS> 905,149 <SHORT-TERM> 76,000 <LIABILITIES-OTHER> 14,729 <LONG-TERM> 64,451 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 300 <OTHER-SE> 181,333 <TOTAL-LIABILITIES-AND-EQUITY> 1,241,962 <INTEREST-LOAN> 36,317 <INTEREST-INVEST> 2,511 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 38,828 <INTEREST-DEPOSIT> 13,088 <INTEREST-EXPENSE> 15,511 <INTEREST-INCOME-NET> 23,317 <LOAN-LOSSES> 1,373 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,710 <INCOME-PRETAX> 21,875 <INCOME-PRE-EXTRAORDINARY> 21,875 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 20,847 <EPS-PRIMARY> 69.49 <EPS-DILUTED> 69.49 <YIELD-ACTUAL> 9.04 <LOANS-NON> 114,927 <LOANS-PAST> 18,401 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 11,912 <CHARGE-OFFS> 2,047 <RECOVERIES> 135 <ALLOWANCE-CLOSE> 11,373 <ALLOWANCE-DOMESTIC> 11,230 <ALLOWANCE-FOREIGN> 143 <ALLOWANCE-UNALLOCATED> 0