<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheets and statements of income found on pages 3 and 4 of
the Company's unaudited financial statements for the nine months ended September
30, 1998.
</LEGEND>
<RESTATED> 
<CIK> 0001071000
<NAME> GOLDEN STATE HOLDINGS INC.
<MULTIPLIER> 1,000
<CURRENCY> US $
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<EXCHANGE-RATE>                                      1
<CASH>                                         552,762
<INT-BEARING-DEPOSITS>                          44,263
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 12,085,739
<INVESTMENTS-CARRYING>                       3,202,463
<INVESTMENTS-MARKET>                         3,202,463
<LOANS>                                     32,243,034 <F1>
<ALLOWANCE>                                    582,782
<TOTAL-ASSETS>                              53,001,670
<DEPOSITS>                                  25,342,039
<SHORT-TERM>                                11,207,642
<LIABILITIES-OTHER>                          1,140,180
<LONG-TERM>                                 12,270,381
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                   2,265,898
<TOTAL-LIABILITIES-AND-EQUITY>              53,001,670
<INTEREST-LOAN>                              1,254,904
<INTEREST-INVEST>                              440,380
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             1,695,284
<INTEREST-DEPOSIT>                             545,734
<INTEREST-EXPENSE>                           1,193,517
<INTEREST-INCOME-NET>                          501,767
<LOAN-LOSSES>                                   30,000
<SECURITIES-GAINS>                                 928
<EXPENSE-OTHER>                                497,244
<INCOME-PRETAX>                                358,583
<INCOME-PRE-EXTRAORDINARY>                     419,669
<EXTRAORDINARY>                                 80,007
<CHANGES>                                            0
<NET-INCOME>                                   339,662 <F2>
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                    7.31
<LOANS-NON>                                    227,895
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                35,573
<LOANS-PROBLEM>                                 96,579
<ALLOWANCE-OPEN>                               418,674
<CHARGE-OFFS>                                   37,832
<RECOVERIES>                                     2,486
<ALLOWANCE-CLOSE>                              582,782
<ALLOWANCE-DOMESTIC>                            16,597
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        566,185

<FN>
<F1> Loans include Loans held for sale of $1,479,686 and Allowance for loan 
     losses of $582,782
<F2> Net income available to common stockholders: $339,084
        


</TABLE>