<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>                          12-MOS
<FISCAL-YEAR-END>                            DEC-31-1995
<PERIOD-END>                                 DEC-31-1995
<CASH>                                         1,403,974
<INT-BEARING-DEPOSITS>                            18,329
<FED-FUNDS-SOLD>                                 165,367
<TRADING-ASSETS>                                  41,965
<INVESTMENTS-HELD-FOR-SALE>                    2,521,700
<INVESTMENTS-CARRYING>                         5,463,303
<INVESTMENTS-MARKET>                           5,385,830
<LOANS>                                       16,413,221
<ALLOWANCE>                                      293,160
<TOTAL-ASSETS>                                26,647,452
<DEPOSITS>                                    21,232,926
<SHORT-TERM>                                   2,096,184
<LIABILITIES-OTHER>                              361,480
<LONG-TERM>                                      826,754
<PREFERRED-MANDATORY>                                  0
<PREFERRED>                                       42,620
<COMMON>                                         128,029
<OTHER-SE>                                     1,959,459
<TOTAL-LIABILITIES-AND-EQUITY>                26,647,452
<INTEREST-LOAN>                                1,297,168
<INTEREST-INVEST>                                526,997
<INTEREST-OTHER>                                   7,769
<INTEREST-TOTAL>                               1,831,934
<INTEREST-DEPOSIT>                               630,303
<INTEREST-EXPENSE>                               822,232
<INTEREST-INCOME-NET>                          1,009,702
<LOAN-LOSSES>                                     72,090
<SECURITIES-GAINS>                                 8,595
<EXPENSE-OTHER>                                  707,839
<INCOME-PRETAX>                                  467,405
<INCOME-PRE-EXTRAORDINARY>                       300,412
<EXTRAORDINARY>                                        0
<CHANGES>                                              0
<NET-INCOME>                                     300,412
<EPS-PRIMARY>                                       1.89
<EPS-DILUTED>                                       1.89
<YIELD-ACTUAL>                                      4.29
<LOANS-NON>                                      193,561
<LOANS-PAST>                                      60,463
<LOANS-TROUBLED>                                     199
<LOANS-PROBLEM>                                   18,708
<ALLOWANCE-OPEN>                                 330,172
<CHARGE-OFFS>                                    130,492
<RECOVERIES>                                      22,095
<ALLOWANCE-CLOSE>                                293,160
<ALLOWANCE-DOMESTIC>                             207,302
<ALLOWANCE-FOREIGN>                                    0
<ALLOWANCE-UNALLOCATED>                           85,858
        


</TABLE>