<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 9
<LEGEND> 
This schedule contains summary financial information extracted from the year
ended December 31, 1996 and the nine month period ended December 31, 1995 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>                      <C>
<PERIOD-TYPE>                   12-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996              DEC-31-1995
<PERIOD-START>                             JAN-01-1996              APR-01-1995
<PERIOD-END>                               DEC-31-1996              DEC-31-1995 
<CASH>                                           8,334                    5,275
<INT-BEARING-DEPOSITS>                             740                    1,067
<FED-FUNDS-SOLD>                                     0                        0 
<TRADING-ASSETS>                                     0                        0 
<INVESTMENTS-HELD-FOR-SALE>                    172,319                  297,000
<INVESTMENTS-CARRYING>                          67,936                   71,614
<INVESTMENTS-MARKET>                            67,875                   71,976
<LOANS>                                         61,438                   64,734
<ALLOWANCE>                                    (7,208)                  (3,460) 
<TOTAL-ASSETS>                                 595,571                  610,537
<DEPOSITS>                                     330,655                  335,861
<SHORT-TERM>                                   136,146                  145,792
<LIABILITIES-OTHER>                             12,078                   11,166
<LONG-TERM>                                     55,803                   50,803
<COMMON>                                        60,889                   66,915
<PREFERRED-MANDATORY>                                0                        0 
<PREFERRED>                                          0                        0 
<OTHER-SE>                                           0                        0 
<TOTAL-LIABILITIES-AND-EQUITY>                 595,571                  610,537
<INTEREST-LOAN>                                 24,842                   13,536
<INTEREST-INVEST>                               20,487                   18,334
<INTEREST-OTHER>                                   552                      368
<INTEREST-TOTAL>                                45,881                   32,238
<INTEREST-DEPOSIT>                              14,595                   11,881
<INTEREST-EXPENSE>                              25,917                   18,941 
<INTEREST-INCOME-NET>                           19,964                   13,297
<LOAN-LOSSES>                                    4,293                    1,150 
<SECURITIES-GAINS>                               2,529                    1,039 
<EXPENSE-OTHER>                                 19,506                    9,223
<INCOME-PRETAX>                                  6,568                    4,561
<INCOME-PRE-EXTRAORDINARY>                       4,216                    2,777
<EXTRAORDINARY>                                      0                        0 
<CHANGES>                                            0                        0
<NET-INCOME>                                     4,216                    2,777
<EPS-PRIMARY>                                     1.13                     0.69
<EPS-DILUTED>                                     1.13                     0.69
<YIELD-ACTUAL>                                    8.01                     7.74
<LOANS-NON>                                      5,294                    4,388
<LOANS-PAST>                                         0                        0
<LOANS-TROUBLED>                                     0                        0 
<LOANS-PROBLEM>                                      0                        0
<ALLOWANCE-OPEN>                                 3,460                    2,796
<CHARGE-OFFS>                                      754                      502 
<RECOVERIES>                                       209                       16 
<ALLOWANCE-CLOSE>                                7,208                    3,460
<ALLOWANCE-DOMESTIC>                             4,266                    1,586 
<ALLOWANCE-FOREIGN>                                  0                        0 
<ALLOWANCE-UNALLOCATED>                          2,942                    1,874
        


</TABLE>