<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1998
<PERIOD-START>                             APR-01-1998             JAN-01-1998
<PERIOD-END>                               JUN-30-1998             JUN-30-1998
<CASH>                                               0                  91,715
<INT-BEARING-DEPOSITS>                               0                 342,824
<FED-FUNDS-SOLD>                                     0                       0
<TRADING-ASSETS>                                     0                  38,805
<INVESTMENTS-HELD-FOR-SALE>                          0                 772,567
<INVESTMENTS-CARRYING>                               0                  65,537
<INVESTMENTS-MARKET>                                 0                  65,553
<LOANS>                                              0               2,903,563
<ALLOWANCE>                                          0                  51,888
<TOTAL-ASSETS>                                       0               4,286,237
<DEPOSITS>                                           0               3,055,171
<SHORT-TERM>                                         0                 275,000
<LIABILITIES-OTHER>                                  0                  34,120
<LONG-TERM>                                          0                 736,478
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                     194
<OTHER-SE>                                           0                     272<F1>
<TOTAL-LIABILITIES-AND-EQUITY>                       0               4,286,237
<INTEREST-LOAN>                                 54,223                 108,228
<INTEREST-INVEST>                               20,973                  41,531
<INTEREST-OTHER>                                     0                       0
<INTEREST-TOTAL>                                75,196                 149,759
<INTEREST-DEPOSIT>                              36,624                  72,095
<INTEREST-EXPENSE>                              55,113                 108,779
<INTEREST-INCOME-NET>                           20,083                  40,980
<LOAN-LOSSES>                                    4,250                   6,250
<SECURITIES-GAINS>                             (1,893)                 (1,615)
<EXPENSE-OTHER>                                 24,581                  45,521
<INCOME-PRETAX>                                (1,799)<F2>               2,365<F3>
<INCOME-PRE-EXTRAORDINARY>                     (1,799)<F2>               2,365<F3>
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                   (1,176)                   2,365
<EPS-PRIMARY>                                   (0.06)                    0.12
<EPS-DILUTED>                                   (0.06)                    0.12
<YIELD-ACTUAL>                                    1.86                    1.89
<LOANS-NON>                                          0                  20,351
<LOANS-PAST>                                         0                       0
<LOANS-TROUBLED>                                     0                  44,990
<LOANS-PROBLEM>                                      0                  94,091
<ALLOWANCE-OPEN>                                48,035                  50,538
<CHARGE-OFFS>                                  (2,305)                 (8,774)
<RECOVERIES>                                     1,908                   3,874
<ALLOWANCE-CLOSE>                               51,888                  51,888
<ALLOWANCE-DOMESTIC>                            51,888                  51,888
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                         36,088                  36,088
<FN>
<F1>MINORITY INTEREST: PREFERRED STOCK OF CONSOLIDATED SUBSIDIARY
<F2>EARNINGS BEFORE INCOME TAX BENEFIT AND $7 MINORITY INTEREST IN SUBSIDIARY
WHICH IS IN EXPENSE-OTHER
<F3>EARNINGS BEFORE $14 MINORITY INTEREST IN SUBSIDIARY, WHICH IS INCLUDED IN
EXPENSE-OTHER
</FN>
        

</TABLE>