<TABLE> <S> <C>

<ARTICLE>                     9
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                                                    DEC-31-1998
<PERIOD-END>                                                         JUN-30-1998
<CASH>                                                                    32,777
<INT-BEARING-DEPOSITS>                                                         0
<FED-FUNDS-SOLD>                                                               0
<TRADING-ASSETS>                                                               0
<INVESTMENTS-HELD-FOR-SALE>                                                    0
<INVESTMENTS-CARRYING>                                                         0
<INVESTMENTS-MARKET>                                                           0
<LOANS>                                                                8,928,644
<ALLOWANCE>                                                              178,070
<TOTAL-ASSETS>                                                         9,288,864
<DEPOSITS>                                                                     0
<SHORT-TERM>                                                                   0
<LIABILITIES-OTHER>                                                      680,023
<LONG-TERM>                                                            7,345,194
<PREFERRED-MANDATORY>                                                    111,550
<PREFERRED>                                                                    0
<COMMON>                                                                     585
<OTHER-SE>                                                             1,151,512
<TOTAL-LIABILITIES-AND-EQUITY>                                         9,288,864
<INTEREST-LOAN>                                                          486,023
<INTEREST-INVEST>                                                              0
<INTEREST-OTHER>                                                               0
<INTEREST-TOTAL>                                                               0
<INTEREST-DEPOSIT>                                                             0
<INTEREST-EXPENSE>                                                       225,559
<INTEREST-INCOME-NET>                                                    222,799
<LOAN-LOSSES>                                                             25,500
<SECURITIES-GAINS>                                                             0
<EXPENSE-OTHER>                                                          114,737
<INCOME-PRETAX>                                                          134,626
<INCOME-PRE-EXTRAORDINARY>                                                     0
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                              80,112
<EPS-PRIMARY>                                                               1.43
<EPS-DILUTED>                                                               1.34
<YIELD-ACTUAL>                                                               5.5
<LOANS-NON>                                                              196,824
<LOANS-PAST>                                                                   0
<LOANS-TROUBLED>                                                               0
<LOANS-PROBLEM>                                                                0
<ALLOWANCE-OPEN>                                                         177,088
<CHARGE-OFFS>                                                             28,272
<RECOVERIES>                                                               1,285
<ALLOWANCE-CLOSE>                                                        178,070
<ALLOWANCE-DOMESTIC>                                                           0
<ALLOWANCE-FOREIGN>                                                            0
<ALLOWANCE-UNALLOCATED>                                                        0
        

</TABLE>