<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE COMPANY'S BALANCE AS OF DECEMBER 31, 1996 AND STATEMENT OF EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                         152,298
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                24,541
<INVESTMENTS-HELD-FOR-SALE>                     31,270
<INVESTMENTS-CARRYING>                          29,153
<INVESTMENTS-MARKET>                            28,770
<LOANS>                                        513,467
<ALLOWANCE>                                     37,555
<TOTAL-ASSETS>                                 753,849
<DEPOSITS>                                     501,614
<SHORT-TERM>                                    97,624
<LIABILITIES-OTHER>                             18,589
<LONG-TERM>                                     75,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        55,897
<OTHER-SE>                                       5,125
<TOTAL-LIABILITIES-AND-EQUITY>                 753,849
<INTEREST-LOAN>                                 44,294
<INTEREST-INVEST>                                4,128
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                                48,422
<INTEREST-DEPOSIT>                              25,002
<INTEREST-EXPENSE>                              29,277
<INTEREST-INCOME-NET>                           19,145
<LOAN-LOSSES>                                   16,549
<SECURITIES-GAINS>                               1,833
<EXPENSE-OTHER>                                 15,446
<INCOME-PRETAX>                                  5,092
<INCOME-PRE-EXTRAORDINARY>                       5,092
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     4,967
<EPS-PRIMARY>                                     1.07
<EPS-DILUTED>                                     1.07
<YIELD-ACTUAL>                                    8.89
<LOANS-NON>                                     54,524
<LOANS-PAST>                                     7,613
<LOANS-TROUBLED>                                16,981
<LOANS-PROBLEM>                                  7,204
<ALLOWANCE-OPEN>                                25,651
<CHARGE-OFFS>                                   17,219
<RECOVERIES>                                     1,822
<ALLOWANCE-CLOSE>                               37,555
<ALLOWANCE-DOMESTIC>                            37,555
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0


</TABLE>