<TABLE> <S> <C>





       
<S>                            <C>

<ARTICLE>                                             9
<CIK>                                        0001018450
<NAME>                          CHASE PREFERRED CAPITAL
                                        CORPORATION
<MULTIPLIER>                                      1,000
<CURRENCY>                         UNITED STATES DOLLAR
<PERIOD-TYPE>                                    12-MOS
<FISCAL-YEAR-END>                           DEC-31-1996
<PERIOD-START>                              SEP-18-1996
<PERIOD-END>                                DEC-31-1996
<EXCHANGE-RATE>                                       1
<CASH>                                           31,091
<INT-BEARING-DEPOSITS>                                0
<FED-FUNDS-SOLD>                                      0
<TRADING-ASSETS>                                      0
<INVESTMENTS-HELD-FOR-SALE>                           0
<INVESTMENTS-CARRYING>                                0
<INVESTMENTS-MARKET>                                  0
<LOANS>                                       1,059,981
<ALLOWANCE>                                       3,150
<TOTAL-ASSETS>                                1,113,398
<DEPOSITS>                                            0
<SHORT-TERM>                                        672
<LIABILITIES-OTHER>                                   0
<LONG-TERM>                                           0
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                     550,000
<COMMON>                                        171,750
<OTHER-SE>                                      390,976
<TOTAL-LIABILITIES-AND-EQUITY>                1,113,398
<INTEREST-LOAN>                                  22,156
<INTEREST-INVEST>                                     0
<INTEREST-OTHER>                                      0
<INTEREST-TOTAL>                                 22,156
<INTEREST-DEPOSIT>                                    0
<INTEREST-EXPENSE>                                    0
<INTEREST-INCOME-NET>                            22,156
<LOAN-LOSSES>                                         0
<SECURITIES-GAINS>                                    0
<EXPENSE-OTHER>                                      71
<INCOME-PRETAX>                                  22,085
<INCOME-PRE-EXTRAORDINARY>                       22,085
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                     22,085
<EPS-PRIMARY>                                     16.31
<EPS-DILUTED>                                     16.31
<YIELD-ACTUAL>                                     7.40
<LOANS-NON>                                     236,012
<LOANS-PAST>                                          0
<LOANS-TROUBLED>                                      0
<LOANS-PROBLEM>                                       0
<ALLOWANCE-OPEN>                                  3,150
<CHARGE-OFFS>                                         0
<RECOVERIES>                                          0
<ALLOWANCE-CLOSE>                                 3,150
<ALLOWANCE-DOMESTIC>                              3,150
<ALLOWANCE-FOREIGN>                                   0
<ALLOWANCE-UNALLOCATED>                               0


        


</TABLE>