<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (A) (TO
COME)

AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH (B) (TO COME)
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<EXCHANGE-RATE>                                      1
<CASH>                                          79,988
<INT-BEARING-DEPOSITS>                             988
<FED-FUNDS-SOLD>                                25,134
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     92,820
<INVESTMENTS-CARRYING>                         210,375
<INVESTMENTS-MARKET>                           211,726
<LOANS>                                        746,346
<ALLOWANCE>                                    (7,859)
<TOTAL-ASSETS>                               1,204,131
<DEPOSITS>                                   1,066,244
<SHORT-TERM>                                    15,506
<LIABILITIES-OTHER>                              7,256
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                           28,750
<PREFERRED>                                        177
<COMMON>                                        16,518
<OTHER-SE>                                     137,906
<TOTAL-LIABILITIES-AND-EQUITY>               1,204,131
<INTEREST-LOAN>                                 50,136
<INTEREST-INVEST>                               12,422
<INTEREST-OTHER>                                 1,885
<INTEREST-TOTAL>                                64,443
<INTEREST-DEPOSIT>                              19,371
<INTEREST-EXPENSE>                              20,168
<INTEREST-INCOME-NET>                           44,275
<LOAN-LOSSES>                                    2,246
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 35,011
<INCOME-PRETAX>                                 15,703
<INCOME-PRE-EXTRAORDINARY>                      15,703
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    10,513
<EPS-PRIMARY>                                     0.46
<EPS-DILUTED>                                     0.44
<YIELD-ACTUAL>                                    5.94
<LOANS-NON>                                      3,396
<LOANS-PAST>                                       450
<LOANS-TROUBLED>                                   316
<LOANS-PROBLEM>                                 16,096
<ALLOWANCE-OPEN>                                 7,472
<CHARGE-OFFS>                                       56
<RECOVERIES>                                        10
<ALLOWANCE-CLOSE>                                7,859
<ALLOWANCE-DOMESTIC>                             3,504
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                          4,355
        

</TABLE>