<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UNAUDITED
RESTATED INTERIM FINANCIAL STATEMENTS AS OF AND FOR THE THREE MONTHS ENDED
SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-START>                             JUL-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                         109,762
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                45,683
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    446,218
<INVESTMENTS-CARRYING>                       1,709,286
<INVESTMENTS-MARKET>                         1,694,582
<LOANS>                                      6,726,926
<ALLOWANCE>                                     60,201
<TOTAL-ASSETS>                               9,472,951
<DEPOSITS>                                   6,350,677
<SHORT-TERM>                                 1,080,705
<LIABILITIES-OTHER>                            193,274
<LONG-TERM>                                  1,135,951
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           433
<OTHER-SE>                                     708,036
<TOTAL-LIABILITIES-AND-EQUITY>               9,472,951
<INTEREST-LOAN>                                137,231
<INTEREST-INVEST>                               35,260
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                               172,491
<INTEREST-DEPOSIT>                              87,135
<INTEREST-EXPENSE>                             111,259
<INTEREST-INCOME-NET>                           61,232
<LOAN-LOSSES>                                    2,434
<SECURITIES-GAINS>                                (10)
<EXPENSE-OTHER>                                 74,462
<INCOME-PRETAX>                                  3,946
<INCOME-PRE-EXTRAORDINARY>                       2,514
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,514
<EPS-PRIMARY>                                      .04
<EPS-DILUTED>                                      .04
<YIELD-ACTUAL>                                    2.71
<LOANS-NON>                                     45,167
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                14,456
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                59,577
<CHARGE-OFFS>                                    2,225
<RECOVERIES>                                       587
<ALLOWANCE-CLOSE>                               60,201
<ALLOWANCE-DOMESTIC>                            12,197
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                         47,945
        

</TABLE>