<TABLE> <S> <C>


<ARTICLE>                                            9
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-END>                                   JUN-30-1998
<CASH>                                          30,718,250
<INT-BEARING-DEPOSITS>                             386,332
<FED-FUNDS-SOLD>                                 5,000,000
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                    604,510,673
<INVESTMENTS-CARRYING>                         222,012,857
<INVESTMENTS-MARKET>                           226,313,077
<LOANS>                                        342,978,388
<ALLOWANCE>                                      7,083,361
<TOTAL-ASSETS>                               1,237,956,743
<DEPOSITS>                                     870,947,010
<SHORT-TERM>                                   220,028,882
<LIABILITIES-OTHER>                             37,426,278
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                             9,989
<OTHER-SE>                                     109,544,584
<TOTAL-LIABILITIES-AND-EQUITY>               1,237,956,743
<INTEREST-LOAN>                                 14,647,208
<INTEREST-INVEST>                               26,038,253
<INTEREST-OTHER>                                   535,677
<INTEREST-TOTAL>                                41,221,138
<INTEREST-DEPOSIT>                              14,068,282
<INTEREST-EXPENSE>                              19,328,532
<INTEREST-INCOME-NET>                           21,892,606
<LOAN-LOSSES>                                      600,000
<SECURITIES-GAINS>                                       0
<EXPENSE-OTHER>                                 11,884,677
<INCOME-PRETAX>                                 12,049,011
<INCOME-PRE-EXTRAORDINARY>                               0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                     7,912,972
<EPS-PRIMARY>                                         0.81 <F1>
<EPS-DILUTED>                                         0.80 <F1>
<YIELD-ACTUAL>                                        4.19
<LOANS-NON>                                        152,000
<LOANS-PAST>                                     1,749,000
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                 6,167,000
<CHARGE-OFFS>                                            0
<RECOVERIES>                                       316,204
<ALLOWANCE-CLOSE>                                7,083,361
<ALLOWANCE-DOMESTIC>                                98,000
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                          6,985,361
<FN>
 <F1> * Per SFAS No. 128 "Earnings Per  Share", effective December 31, 1997, the
EPS for June 30, 1997 is as follows:

                Basic            $0.73
                Diluted          $0.72
</FN>
        


</TABLE>