<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Statement of Financial Condition at December 31, 1996 and
the Consolidated Statement of Operations for the twelve months ended
December 31, 1996 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                          28,848
<INT-BEARING-DEPOSITS>                       1,125,386
<FED-FUNDS-SOLD>                                 5,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    370,105
<INVESTMENTS-CARRYING>                         295,247
<INVESTMENTS-MARKET>                           292,006
<LOANS>                                        847,586
<ALLOWANCE>                                     10,704
<TOTAL-ASSETS>                               1,583,545
<DEPOSITS>                                   1,137,788
<SHORT-TERM>                                   261,356
<LIABILITIES-OTHER>                             19,940
<LONG-TERM>                                     65,077
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            50
<OTHER-SE>                                      99,334
<TOTAL-LIABILITIES-AND-EQUITY>               1,583,545
<INTEREST-LOAN>                                 56,748
<INTEREST-INVEST>                               52,505
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                               109,253
<INTEREST-DEPOSIT>                               9,314
<INTEREST-EXPENSE>                              61,368
<INTEREST-INCOME-NET>                           47,885
<LOAN-LOSSES>                                    3,125
<SECURITIES-GAINS>                                 140
<EXPENSE-OTHER>                                 38,455
<INCOME-PRETAX>                                 15,859
<INCOME-PRE-EXTRAORDINARY>                      15,859
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     9,425
<EPS-PRIMARY>                                     2.12
<EPS-DILUTED>                                     2.11
<YIELD-ACTUAL>                                    7.50
<LOANS-NON>                                     10,733
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                 3,160
<LOANS-PROBLEM>                                 28,270
<ALLOWANCE-OPEN>                                 8,573
<CHARGE-OFFS>                                    1,885
<RECOVERIES>                                       891
<ALLOWANCE-CLOSE>                               10,704
<ALLOWANCE-DOMESTIC>                            10,704
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>