<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
This Schedule is a compilation of information appearing in the financial
statements that are included in the Quarterly Report on Form 10-Q of
Merchants New York Bancorp for the quarter ended September 30, 1995.  It is
qualified in its entirety by reference to those financial statements.
</LEGEND>
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   9-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1995             DEC-31-1994
<PERIOD-END>                               SEP-30-1995             DEC-31-1994
<CASH>                                      47,734,572              50,721,430
<INT-BEARING-DEPOSITS>                               0                       0
<FED-FUNDS-SOLD>                                     0              47,000,000
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                529,370,260             521,204,126
<INVESTMENTS-CARRYING>                      80,562,107              85,259,019
<INVESTMENTS-MARKET>                        83,633,000              85,378,000
<LOANS>                                    310,454,360             268,116,684
<ALLOWANCE>                                  6,627,602               6,187,574
<TOTAL-ASSETS>                             994,997,417           1,001,386,488
<DEPOSITS>                                 751,186,284             831,591,752
<SHORT-TERM>                               121,262,500              70,000,000
<LIABILITIES-OTHER>                         27,278,076              22,060,402
<LONG-TERM>                                          0                       0
<COMMON>                                         4,977                   4,967
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<OTHER-SE>                                  95,265,580              77,729,367
<TOTAL-LIABILITIES-AND-EQUITY>             994,997,417           1,001,386,488
<INTEREST-LOAN>                             19,226,112              22,200,289
<INTEREST-INVEST>                           31,954,714              38,823,737
<INTEREST-OTHER>                                56,628                 321,204
<INTEREST-TOTAL>                            51,237,454              61,345,230
<INTEREST-DEPOSIT>                          20,276,004              22,657,858
<INTEREST-EXPENSE>                          23,464,115              25,107,286
<INTEREST-INCOME-NET>                       27,773,339              36,237,944
<LOAN-LOSSES>                                  600,000               1,850,000
<SECURITIES-GAINS>                              78,497             (1,847,334)
<EXPENSE-OTHER>                             15,977,867              22,004,249
<INCOME-PRETAX>                             15,108,126              15,700,064
<INCOME-PRE-EXTRAORDINARY>                           0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 9,158,273              10,709,341
<EPS-PRIMARY>                                     1.84                    2.16
<EPS-DILUTED>                                     1.84                    2.16
<YIELD-ACTUAL>                                    3.40                    4.36
<LOANS-NON>                                  2,110,000               1,311,000
<LOANS-PAST>                                   298,000                 308,000
<LOANS-TROUBLED>                                     0                       0
<LOANS-PROBLEM>                                      0                       0
<ALLOWANCE-OPEN>                             6,187,574               6,959,595
<CHARGE-OFFS>                                  621,458               2,918,090
<RECOVERIES>                                   461,486                 296,069
<ALLOWANCE-CLOSE>                            6,627,602               6,187,574
<ALLOWANCE-DOMESTIC>                         2,110,000               1,311,000
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                      4,517,602               4,876,574
        


</TABLE>