<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 154,702 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,752,056 <INVESTMENTS-CARRYING> 700,602 <INVESTMENTS-MARKET> 700,767 <LOANS> 32,220,149 <ALLOWANCE> 298,136 <TOTAL-ASSETS> 38,836,766 <DEPOSITS> 0 <SHORT-TERM> 31,205,391 <LIABILITIES-OTHER> 1,414,166 <LONG-TERM> 5,556,859 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 36,955 <OTHER-SE> 623,395 <TOTAL-LIABILITIES-AND-EQUITY> 38,836,766 <INTEREST-LOAN> 552,354 <INTEREST-INVEST> 63,011 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 615,365 <INTEREST-DEPOSIT> 0 <INTEREST-EXPENSE> 457,713 <INTEREST-INCOME-NET> 157,652 <LOAN-LOSSES> 7,636 <SECURITIES-GAINS> (17) <EXPENSE-OTHER> 86,268 <INCOME-PRETAX> 170,387 <INCOME-PRE-EXTRAORDINARY> 113,809 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 113,809 <EPS-PRIMARY> 0.70 <EPS-DILUTED> 0.69 <YIELD-ACTUAL> 1.87 <LOANS-NON> 0 <LOANS-PAST> 600,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 293,185 <CHARGE-OFFS> 3,417 <RECOVERIES> 732 <ALLOWANCE-CLOSE> 298,136 <ALLOWANCE-DOMESTIC> 298,136 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0