<TABLE> <S> <C>


<ARTICLE> 9
<LEGEND>
ON AUGUST 1, 1997, SUMMIT BANCORP. COMPLETED ITS ACQUISITION OF
COLLECTIVE BANCORP, INC.  THIS ACQUISITION WAS ACCOUNTED FOR AS
A POOLING OF INTEREST AND THE SUMMARY FINANCIAL INFORMATION HAS
BEEN RESTATED.
</LEGEND>
<MULTIPLIER> 1000
       
<S>                                    <C>
<PERIOD-TYPE>                          9-MOS
<FISCAL-YEAR-END>                            DEC-31-1996
<PERIOD-END>                                 SEP-30-1996
<CASH>                                         1,407,284
<INT-BEARING-DEPOSITS>                             9,136
<FED-FUNDS-SOLD>                                   4,052
<TRADING-ASSETS>                                  20,049
<INVESTMENTS-HELD-FOR-SALE>                    2,643,827
<INVESTMENTS-CARRYING>                         5,492,568
<INVESTMENTS-MARKET>                           5,369,211
<LOANS>                                       17,277,746
<ALLOWANCE>                                      284,223
<TOTAL-ASSETS>                                27,405,016
<DEPOSITS>                                    21,453,638
<SHORT-TERM>                                   3,013,320
<LIABILITIES-OTHER>                              345,896
<LONG-TERM>                                      397,862
<PREFERRED-MANDATORY>                                  0
<PREFERRED>                                       42,620
<COMMON>                                         134,527
<OTHER-SE>                                     2,017,153
<TOTAL-LIABILITIES-AND-EQUITY>                27,405,016
<INTEREST-LOAN>                                1,034,325
<INTEREST-INVEST>                                387,998
<INTEREST-OTHER>                                   4,267
<INTEREST-TOTAL>                               1,426,590
<INTEREST-DEPOSIT>                               494,484
<INTEREST-EXPENSE>                               639,119
<INTEREST-INCOME-NET>                            787,471
<LOAN-LOSSES>                                     47,599
<SECURITIES-GAINS>                                 1,268
<EXPENSE-OTHER>                                  643,459
<INCOME-PRETAX>                                  287,936
<INCOME-PRE-EXTRAORDINARY>                       186,944
<EXTRAORDINARY>                                        0
<CHANGES>                                              0
<NET-INCOME>                                     186,944
<EPS-PRIMARY>                                       1.11
<EPS-DILUTED>                                       1.11
<YIELD-ACTUAL>                                      4.21
<LOANS-NON>                                      167,466
<LOANS-PAST>                                      85,090
<LOANS-TROUBLED>                                       0
<LOANS-PROBLEM>                                   20,631
<ALLOWANCE-OPEN>                                 299,502
<CHARGE-OFFS>                                     80,340
<RECOVERIES>                                      17,462
<ALLOWANCE-CLOSE>                                284,223
<ALLOWANCE-DOMESTIC>                             156,377
<ALLOWANCE-FOREIGN>                                    0
<ALLOWANCE-UNALLOCATED>                          127,846
        


</TABLE>