<TABLE> <S> <C>


<ARTICLE>                                            9
<MULTIPLIER>                  1,000
<CURRENCY>                    U.S. Dollars
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   JUN-30-1997
<EXCHANGE-RATE>                                          1
<CASH>                                              49,587 
<INT-BEARING-DEPOSITS>                                   0       
<FED-FUNDS-SOLD>                                         0 
<TRADING-ASSETS>                                         0 
<INVESTMENTS-HELD-FOR-SALE>                              0 
<INVESTMENTS-CARRYING>                                   0 
<INVESTMENTS-MARKET>                                     0 
<LOANS>                                          7,826,196 
<ALLOWANCE>                                        159,747 
<TOTAL-ASSETS>                                   8,060,403 
<DEPOSITS>                                               0 
<SHORT-TERM>                                             0 
<LIABILITIES-OTHER>                                662,136 
<LONG-TERM>                                      6,338,122 
<PREFERRED-MANDATORY>                              111,550 
<PREFERRED>                                              0 
<COMMON>                                               284 
<OTHER-SE>                                         948,311 
<TOTAL-LIABILITIES-AND-EQUITY>                   8,060,403 
<INTEREST-LOAN>                                    445,564 
<INTEREST-INVEST>                                        0 
<INTEREST-OTHER>                                         0 
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<INTEREST-DEPOSIT>                                       0 
<INTEREST-EXPENSE>                                 199,055 
<INTEREST-INCOME-NET>                              212,450 
<LOAN-LOSSES>                                       26,300 
<SECURITIES-GAINS>                                       0 
<EXPENSE-OTHER>                                     92,490 
<INCOME-PRETAX>                                    107,361 
<INCOME-PRE-EXTRAORDINARY>                               0 
<EXTRAORDINARY>                                          0 
<CHANGES>                                                0 
<NET-INCOME>                                        65,409 
<EPS-PRIMARY>                                         2.34 
<EPS-DILUTED>                                            0 
<YIELD-ACTUAL>                                         .06 
<LOANS-NON>                                        165,885 
<LOANS-PAST>                                             0 
<LOANS-TROUBLED>                                         0 
<LOANS-PROBLEM>                                          0 
<ALLOWANCE-OPEN>                                   148,693 
<CHARGE-OFFS>                                       16,858 
<RECOVERIES>                                         1,634 
<ALLOWANCE-CLOSE>                                  159,747 
<ALLOWANCE-DOMESTIC>                                     0 
<ALLOWANCE-FOREIGN>                                      0 
<ALLOWANCE-UNALLOCATED>                                  0 
                                                 

</TABLE>