<TABLE> <S> <C>

<ARTICLE> 9
<MULTIPLIER> 1000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1998
<PERIOD-START>                             JUL-01-1998             JAN-01-1998
<PERIOD-END>                               SEP-30-1998             SEP-30-1998
<CASH>                                               0                  89,215
<INT-BEARING-DEPOSITS>                               0                 201,013
<FED-FUNDS-SOLD>                                     0                   7,000
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                          0                 498,241
<INVESTMENTS-CARRYING>                               0                  67,746
<INVESTMENTS-MARKET>                                 0                  67,771
<LOANS>                                              0               2,858,420
<ALLOWANCE>                                          0                  99,022
<TOTAL-ASSETS>                                       0               3,825,210
<DEPOSITS>                                           0               3,031,595
<SHORT-TERM>                                         0                       0
<LIABILITIES-OTHER>                                  0                  29,136
<LONG-TERM>                                          0                 636,478
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                     195
<OTHER-SE>                                           0                     272<F1>
<TOTAL-LIABILITIES-AND-EQUITY>                       0               3,825,210
<INTEREST-LOAN>                                 56,368                 164,596
<INTEREST-INVEST>                               21,179                  62,710
<INTEREST-OTHER>                                     0                       0
<INTEREST-TOTAL>                                77,547                 227,306
<INTEREST-DEPOSIT>                              37,336                 109,431
<INTEREST-EXPENSE>                              54,834                 163,613
<INTEREST-INCOME-NET>                           22,713                  63,693
<LOAN-LOSSES>                                   51,782                  58,032
<SECURITIES-GAINS>                               1,093                   (522)
<EXPENSE-OTHER>                                 32,530                  78,123
<INCOME-PRETAX>                               (55,914)<F2>            (53,535)<F2>
<INCOME-PRE-EXTRAORDINARY>                    (55,914)                (53,535)
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                  (59,791)                (57,426)
<EPS-PRIMARY>                                   (3.08)                  (2.96)
<EPS-DILUTED>                                   (3.08)                  (2.96)
<YIELD-ACTUAL>                                   2.16                     1.98
<LOANS-NON>                                         0                   29,318
<LOANS-PAST>                                        0                        0
<LOANS-TROUBLED>                                    0                   47,222
<LOANS-PROBLEM>                                     0                   74,963
<ALLOWANCE-OPEN>                               60,222                   58,870
<CHARGE-OFFS>                                   5,312                   14,086
<RECOVERIES>                                      664                    4,538
<ALLOWANCE-CLOSE>                             106,678<F3>              106,678<F3>
<ALLOWANCE-DOMESTIC>                          106,678<F3>              106,678<F3>
<ALLOWANCE-FOREIGN>                                 0                        0
<ALLOWANCE-UNALLOCATED>                        88,500                   88,500
        

<FN>
<F1>  Minority interest: Preferred stock of consolidated subsidiary
<F2>  Earnings before income tax benefit and $7 minority interest for 3 mos.,
      $21 for 9 mos., which is included in (Expense-Other)
<F3>  Includes cash reserves of $7.7 million.
</FN>

</TABLE>