<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S CONSOLIDATED STATEMENTS OF OPERATIONS AND CONSOLIDATED STATEMENTS OF
FINANCIAL CONDITION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                         162,402
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    804,915
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                      3,048,469
<ALLOWANCE>                                     67,250
<TOTAL-ASSETS>                               4,143,852
<DEPOSITS>                                   1,957,448
<SHORT-TERM>                                 1,660,482
<LIABILITIES-OTHER>                             51,372
<LONG-TERM>                                    280,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           115
<OTHER-SE>                                     194,435
<TOTAL-LIABILITIES-AND-EQUITY>               4,143,852
<INTEREST-LOAN>                                283,825
<INTEREST-INVEST>                               13,353
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                               297,178
<INTEREST-DEPOSIT>                             101,595
<INTEREST-EXPENSE>                             198,031
<INTEREST-INCOME-NET>                           99,147
<LOAN-LOSSES>                                   35,155
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 59,175
<INCOME-PRETAX>                                 15,732
<INCOME-PRE-EXTRAORDINARY>                      15,732
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,244
<EPS-PRIMARY>                                      .78
<EPS-DILUTED>                                      .78
<YIELD-ACTUAL>                                    2.24
<LOANS-NON>                                     59,057
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                 5,995
<LOANS-PROBLEM>                                 43,973
<ALLOWANCE-OPEN>                                68,977
<CHARGE-OFFS>                                   41,952
<RECOVERIES>                                     5,070
<ALLOWANCE-CLOSE>                               67,250
<ALLOWANCE-DOMESTIC>                            67,250
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>