<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 9
<LEGEND>
THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE UNAUDITED FINANCIAL STATEMENTS INCLUDED IN THE ACCOMPANYING REPORT ON
FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                          11,777
<INT-BEARING-DEPOSITS>                           5,300
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    171,770
<INVESTMENTS-CARRYING>                         183,009
<INVESTMENTS-MARKET>                           181,161
<LOANS>                                        667,998
<ALLOWANCE>                                      7,962
<TOTAL-ASSETS>                               1,054,997
<DEPOSITS>                                     665,146
<SHORT-TERM>                                   203,384
<LIABILITIES-OTHER>                              9,383
<LONG-TERM>                                     74,035
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            67<F1>
<OTHER-SE>                                     102,982
<TOTAL-LIABILITIES-AND-EQUITY>               1,054,997
<INTEREST-LOAN>                                 13,581
<INTEREST-INVEST>                                5,934
<INTEREST-OTHER>                                    45
<INTEREST-TOTAL>                                19,560
<INTEREST-DEPOSIT>                               6,795
<INTEREST-EXPENSE>                              10,883
<INTEREST-INCOME-NET>                            8,677
<LOAN-LOSSES>                                      200
<SECURITIES-GAINS>                                 (2)
<EXPENSE-OTHER>                                  4,207
<INCOME-PRETAX>                                  4,697
<INCOME-PRE-EXTRAORDINARY>                       4,697
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,937
<EPS-PRIMARY>                                      .45<F1>
<EPS-DILUTED>                                      .45<F1>
<YIELD-ACTUAL>                                    3.40
<LOANS-NON>                                      4,860
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 7,759
<CHARGE-OFFS>                                       40
<RECOVERIES>                                        43
<ALLOWANCE-CLOSE>                                7,962
<ALLOWANCE-DOMESTIC>                             7,962
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
<FN>
<F1> COMMON STOCK AND EARNINGS PER SHARE REFLECT 25% STOCK SPLIT TO BE EFFECTED
IN THE FORM OF A STOCK DIVIDEND, PAYABLE ON MAY 30, 1997.
</FN>
        

</TABLE>