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<PAGE>
=======================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
(Amendment No. 1)
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
[X]
For the fiscal year ended December 31, 1997
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
[ ]
For the transition period from _______ to ____________________
Commission File Number: 0-12216
OLD KENT FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Michigan 38-1986608
(State of Incorporation) (I.R.S. Employer Identification No.)
111 Lyon St., N.W.
Grand Rapids, Michigan 49503
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (616) 771-5000
Securities Registered pursuant to Section 12(g) of the Act:
Common Stock, $1 Par Value
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes __X__ No ________
Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained herein,
and will not be contained, to the best of registrant's knowledge,
in definitive proxy or information statements incorporated by
reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]
<PAGE>
State the aggregate market value of the voting stock held by
non-affiliates of the registrant. The aggregate market value shall
be computed by reference to the price at which the stock was
sold, or the average bid and asked prices of such stock, as of a
specified date within 60 days prior to the filing.
Aggregate Market Value as of February 18, 1998: $3,131,440,000
Indicate the number of shares outstanding of each of the
registrant's classes of common stock, as of the latest
practicable date.
Common stock outstanding at February 18, 1998: 91,686,375 shares
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the registrant's annual report to shareholders for
the year ended December 31, 1997, are incorporated by reference
in Part I and Part II.
Portions of the registrant's proxy statement for its April 20,
1998, annual meeting of shareholders are incorporated by
reference in Part II and Part III.
=======================================================================
<PAGE>
This report is an amendment to Old Kent Financial Corporation's
annual report on Form 10-K for the year ended December 31, 1997.
The report adds Exhibit 27.2 to 27.9, which exhibits include
restated financial data schedules for the (a) year ended December
31, 1995, (b) three month period ended March 31, 1996, (c) six
month period ended June 30, 1996, (d) nine month period ended
September 30, 1996, (e) year ended December 31, 1996, (f) three
month period ended March 31, 1997, (g) six month period ended
June 30, 1997, and (h) nine month period ended September 30,
1997. The earnings per share amounts in these schedules have
been restated in connection with Old Kent Financial Corporation's
adoption of Financial Accounting Standard No. 128, "Earning per
Share." The financial date schedule for the year ended December
31, 1997, is filed as Exhibit 27 of Old Kent Financial
Corporation's annual report of Form 10-K405 filed March 5, 1998.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of
the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
OLD KENT FINANCIAL CORPORATION
(Registrant)
Date: April 23, 1998 By /S/ ALBERT T. POTAS
Albert T. Potas
Senior Vice President and
Controller
<PAGE>
Pursuant to the requirements of the Securities Exchange
Act of 1934, this report has been signed below by the following
persons on behalf of the registrant and in the capacities
indicated.
April 23, 1998 */S/ RICHARD L. ANTONINI
Richard L. Antonini
Director
April 23, 1998 */S/ JOHN M. BISSELL
John M. Bissell
Director
April 23, 1998 */S/ JOHN D. BOYLES
John D. Boyles
Director
April 23, 1998 */S/ WILLIAM P. CRAWFORD
William P. Crawford
Director
April 23, 1998 */S/ RICHARD M. DEVOS, JR.
Richard M. DeVos, Jr.
Director
April 23, 1998 */S/ WILLIAM G. GONZALEZ
William G. Gonzalez
Director
April 23, 1998 */S/ JAMES P. HACKETT
James P. Hackett
Director
April 23, 1998 */S/ ERINA HANKA
Erina Hanka
Director
April 23, 1998 */S/ EARL D. HOLTON
Earl D. Holton
Director
April 23, 1998 */S/ ROBERT L. HOOKER
Robert L. Hooker
Director
April 23, 1998 */S/ MICHAEL J. JANDERNOA
Michael J. Jandernoa
Director
-2-
<PAGE>
April 23, 1998 */S/ KEVIN T. KABAT
Kevin T. Kabat
Vice Chairman of the Board and
Director
April 23, 1998 */S/ FRED P. KELLER
Fred P. Keller
Director
April 23, 1998 */S/ JOHN P. KELLER
John P. Keller
Director
April 23, 1998 */S/ HENDRIK G. MEIJER
Hendrik G. Meijer
Director
April 23, 1998 */S/ PERCY A. PIERRE
Percy A. Pierre
Director
April 23, 1998 */S/ PATRICK M. QUINN
Patrick M. Quinn
Director
April 23, 1998 */S/ MARILYN J. SCHLACK
Marilyn J. Schlack
Director
April 23, 1998 */S/ PETER F. SECCHIA
Peter F. Secchia
Director
April 23, 1998 */S/ DAVID J. WAGNER
David J. Wagner
Chairman, President, Chief
Executive Officer, and
Director (Principal Executive
Officer)
April 23, 1998 */S/ MARGARET SELLERS WALKER
Margaret Sellers Walker
Director
-3-
<PAGE>
April 23, 1998 */S/ ROBERT H. WARRINGTON
Robert H. Warrington
Vice Chairman of the Board, Chief
Financial Officer and Director
(Principal Financial and Accounting
Officer)
April 23, 1998 *By /S/ ALBERT T. POTAS
Albert T. Potas
Attorney-in-Fact
-4-
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED BALANCE SHEET OF OLD KENT FINANCIAL CORPORATION AND
SUBSIDIARIES AS OF DECEMBER 31, 1995, AND THE RELATED CONSOLIDATED STATEMENT
OF INCOME FOR THE YEAR THEN ENDED, AND THE NOTES THERETO, 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-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<CASH> 527,611
<INT-BEARING-DEPOSITS> 175,413
<FED-FUNDS-SOLD> 49,445
<TRADING-ASSETS> 11,699
<INVESTMENTS-HELD-FOR-SALE> 2,245,699
<INVESTMENTS-CARRYING> 870,942
<INVESTMENTS-MARKET> 876,291
<LOANS> 7,700,678
<ALLOWANCE> 174,248
<TOTAL-ASSETS> 12,003,084
<DEPOSITS> 9,357,366
<SHORT-TERM> 1,307,617
<LIABILITIES-OTHER> 222,165
<LONG-TERM> 100,000
<COMMON> 0
0
45,383
<OTHER-SE> 970,553
<TOTAL-LIABILITIES-AND-EQUITY> 12,003,084
<INTEREST-LOAN> 685,930
<INTEREST-INVEST> 204,867
<INTEREST-OTHER> 19,022
<INTEREST-TOTAL> 909,819
<INTEREST-DEPOSIT> 362,485
<INTEREST-EXPENSE> 433,126
<INTEREST-INCOME-NET> 476,693
<LOAN-LOSSES> 21,666
<SECURITIES-GAINS> 421
<EXPENSE-OTHER> 426,965
<INCOME-PRETAX> 214,613
<INCOME-PRE-EXTRAORDINARY> 214,613
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 141,814
<EPS-PRIMARY> 1.42
<EPS-DILUTED> 1.41
<YIELD-ACTUAL> 4.46
<LOANS-NON> 40,173
<LOANS-PAST> 29,080
<LOANS-TROUBLED> 3,075
<LOANS-PROBLEM> 72,328
<ALLOWANCE-OPEN> 167,253
<CHARGE-OFFS> 26,087
<RECOVERIES> 12,678
<ALLOWANCE-CLOSE> 174,248
<ALLOWANCE-DOMESTIC> 174,248
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 476,162
<INT-BEARING-DEPOSITS> 2,207
<FED-FUNDS-SOLD> 16,458
<TRADING-ASSETS> 8,259
<INVESTMENTS-HELD-FOR-SALE> 2,264,039
<INVESTMENTS-CARRYING> 985,527
<INVESTMENTS-MARKET> 985,129
<LOANS> 8,002,301
<ALLOWANCE> 173,462
<TOTAL-ASSETS> 12,163,102
<DEPOSITS> 9,694,051
<SHORT-TERM> 998,028
<LIABILITIES-OTHER> 230,472
<LONG-TERM> 220,996
<COMMON> 45,133
0
0
<OTHER-SE> 974,422
<TOTAL-LIABILITIES-AND-EQUITY> 12,163,102
<INTEREST-LOAN> 175,789
<INTEREST-INVEST> 52,378
<INTEREST-OTHER> 984
<INTEREST-TOTAL> 229,151
<INTEREST-DEPOSIT> 92,564
<INTEREST-EXPENSE> 110,985
<INTEREST-INCOME-NET> 118,166
<LOAN-LOSSES> 6,252
<SECURITIES-GAINS> 854
<EXPENSE-OTHER> 105,602
<INCOME-PRETAX> 59,613
<INCOME-PRE-EXTRAORDINARY> 59,613
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 39,234
<EPS-PRIMARY> .39
<EPS-DILUTED> .39
<YIELD-ACTUAL> 4.34
<LOANS-NON> 44,376
<LOANS-PAST> 36,419
<LOANS-TROUBLED> 2,797
<LOANS-PROBLEM> 83,592
<ALLOWANCE-OPEN> 174,248
<CHARGE-OFFS> 8,095
<RECOVERIES> 2,236
<ALLOWANCE-CLOSE> 173,462
<ALLOWANCE-DOMESTIC> 173,462
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 518,337
<INT-BEARING-DEPOSITS> 1,175
<FED-FUNDS-SOLD> 130,525
<TRADING-ASSETS> 8,952
<INVESTMENTS-HELD-FOR-SALE> 2,014,630
<INVESTMENTS-CARRYING> 970,386
<INVESTMENTS-MARKET> 960,929
<LOANS> 8,169,887
<ALLOWANCE> 172,487
<TOTAL-ASSETS> 12,235,803
<DEPOSITS> 9,823,149
<SHORT-TERM> 985,801
<LIABILITIES-OTHER> 209,414
<LONG-TERM> 210,970
<COMMON> 46,909
0
0
<OTHER-SE> 959,560
<TOTAL-LIABILITIES-AND-EQUITY> 12,235,803
<INTEREST-LOAN> 360,561
<INTEREST-INVEST> 101,635
<INTEREST-OTHER> 2,600
<INTEREST-TOTAL> 464,796
<INTEREST-DEPOSIT> 187,089
<INTEREST-EXPENSE> 221,653
<INTEREST-INCOME-NET> 243,143
<LOAN-LOSSES> 15,975
<SECURITIES-GAINS> 1,189
<EXPENSE-OTHER> 211,320
<INCOME-PRETAX> 115,912
<INCOME-PRE-EXTRAORDINARY> 115,912
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 76,795
<EPS-PRIMARY> .77
<EPS-DILUTED> .77
<YIELD-ACTUAL> 4.42
<LOANS-NON> 39,748
<LOANS-PAST> 35,758
<LOANS-TROUBLED> 2,706
<LOANS-PROBLEM> 78,212
<ALLOWANCE-OPEN> 174,248
<CHARGE-OFFS> 22,759
<RECOVERIES> 6,163
<ALLOWANCE-CLOSE> 172,487
<ALLOWANCE-DOMESTIC> 172,487
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> SEP-30-1996
<CASH> 541,047
<INT-BEARING-DEPOSITS> 589
<FED-FUNDS-SOLD> 24,111
<TRADING-ASSETS> 5,403
<INVESTMENTS-HELD-FOR-SALE> 2,073,156
<INVESTMENTS-CARRYING> 954,278
<INVESTMENTS-MARKET> 957,636
<LOANS> 8,428,723
<ALLOWANCE> 170,668
<TOTAL-ASSETS> 12,466,573
<DEPOSITS> 9,975,429
<SHORT-TERM> 1,074,553
<LIABILITIES-OTHER> 217,366
<LONG-TERM> 210,876
<COMMON> 45,585
0
0
<OTHER-SE> 942,764
<TOTAL-LIABILITIES-AND-EQUITY> 12,466,573
<INTEREST-LOAN> 550,064
<INTEREST-INVEST> 150,692
<INTEREST-OTHER> 4,507
<INTEREST-TOTAL> 705,263
<INTEREST-DEPOSIT> 284,288
<INTEREST-EXPENSE> 336,151
<INTEREST-INCOME-NET> 369,112
<LOAN-LOSSES> 25,143
<SECURITIES-GAINS> 798
<EXPENSE-OTHER> 320,284
<INCOME-PRETAX> 176,310
<INCOME-PRE-EXTRAORDINARY> 176,310
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 117,092
<EPS-PRIMARY> 1.19
<EPS-DILUTED> 1.18
<YIELD-ACTUAL> 4.42
<LOANS-NON> 42,272
<LOANS-PAST> 35,336
<LOANS-TROUBLED> 785
<LOANS-PROBLEM> 78,393
<ALLOWANCE-OPEN> 174,248
<CHARGE-OFFS> 36,006
<RECOVERIES> 8,423
<ALLOWANCE-CLOSE> 170,668
<ALLOWANCE-DOMESTIC> 170,668
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED BALANCE SHEET OF OLD KENT FINANCIAL CORPORATION AND
SUBSIDIARIES AS OF DECEMBER 31, 1996, AND THE RELATED CONSOLIDATED STATEMENT
OF INCOME FOR THE YEAR THEN ENDED, AND THE NOTES THERETO, 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> 530,444
<INT-BEARING-DEPOSITS> 803
<FED-FUNDS-SOLD> 107,353
<TRADING-ASSETS> 19,009
<INVESTMENTS-HELD-FOR-SALE> 1,895,198
<INVESTMENTS-CARRYING> 909,330
<INVESTMENTS-MARKET> 911,592
<LOANS> 8,686,301
<ALLOWANCE> 165,928
<TOTAL-ASSETS> 12,646,828
<DEPOSITS> 10,080,147
<SHORT-TERM> 1,124,948
<LIABILITIES-OTHER> 237,057
<LONG-TERM> 210,919
<COMMON> 0
0
44,944
<OTHER-SE> 948,813
<TOTAL-LIABILITIES-AND-EQUITY> 12,646,828
<INTEREST-LOAN> 744,356
<INTEREST-INVEST> 196,476
<INTEREST-OTHER> 6,475
<INTEREST-TOTAL> 947,307
<INTEREST-DEPOSIT> 382,583
<INTEREST-EXPENSE> 453,019
<INTEREST-INCOME-NET> 494,288
<LOAN-LOSSES> 35,236
<SECURITIES-GAINS> 128
<EXPENSE-OTHER> 432,494
<INCOME-PRETAX> 238,722
<INCOME-PRE-EXTRAORDINARY> 238,722
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 158,701
<EPS-PRIMARY> 1.63
<EPS-DILUTED> 1.61
<YIELD-ACTUAL> 4.41
<LOANS-NON> 39,950
<LOANS-PAST> 36,817
<LOANS-TROUBLED> 2,832
<LOANS-PROBLEM> 79,599
<ALLOWANCE-OPEN> 174,248
<CHARGE-OFFS> 56,466
<RECOVERIES> 14,049
<ALLOWANCE-CLOSE> 165,928
<ALLOWANCE-DOMESTIC> 165,928
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> MAR-31-1997
<CASH> 527,514
<INT-BEARING-DEPOSITS> 394
<FED-FUNDS-SOLD> 26,622
<TRADING-ASSETS> 57,748
<INVESTMENTS-HELD-FOR-SALE> 2,084,108
<INVESTMENTS-CARRYING> 864,699
<INVESTMENTS-MARKET> 866,045
<LOANS> 9,053,421
<ALLOWANCE> 168,323
<TOTAL-ASSETS> 13,185,456
<DEPOSITS> 10,292,764
<SHORT-TERM> 1,397,608
<LIABILITIES-OTHER> 294,306
<LONG-TERM> 200,000
<COMMON> 45,346
0
0
<OTHER-SE> 956,432
<TOTAL-LIABILITIES-AND-EQUITY> 13,186,456
<INTEREST-LOAN> 197,672
<INTEREST-INVEST> 44,547
<INTEREST-OTHER> 2,889
<INTEREST-TOTAL> 245,108
<INTEREST-DEPOSIT> 97,498
<INTEREST-EXPENSE> 116,218
<INTEREST-INCOME-NET> 128,890
<LOAN-LOSSES> 10,221
<SECURITIES-GAINS> (637)
<EXPENSE-OTHER> 117,013
<INCOME-PRETAX> 61,644
<INCOME-PRE-EXTRAORDINARY> 61,644
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 41,004
<EPS-PRIMARY> .43
<EPS-DILUTED> .42
<YIELD-ACTUAL> 4.44
<LOANS-NON> 42,560
<LOANS-PAST> 30,825
<LOANS-TROUBLED> 3,644
<LOANS-PROBLEM> 77,029
<ALLOWANCE-OPEN> 165,928
<CHARGE-OFFS> 15,229
<RECOVERIES> 4,219
<ALLOWANCE-CLOSE> 168,323
<ALLOWANCE-DOMESTIC> 168,323
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<CASH> 593,464
<INT-BEARING-DEPOSITS> 38,827
<FED-FUNDS-SOLD> 62,625
<TRADING-ASSETS> 10,101
<INVESTMENTS-HELD-FOR-SALE> 2,042,782
<INVESTMENTS-CARRYING> 866,288
<INVESTMENTS-MARKET> 867,651
<LOANS> 9,163,775
<ALLOWANCE> 157,260
<TOTAL-ASSETS> 13,360,838
<DEPOSITS> 10,262,191
<SHORT-TERM> 1,625,509
<LIABILITIES-OTHER> 224,413
<LONG-TERM> 200,789
<COMMON> 47,585
0
0
<OTHER-SE> 1,000,351
<TOTAL-LIABILITIES-AND-EQUITY> 13,360,838
<INTEREST-LOAN> 404,012
<INTEREST-INVEST> 91,886
<INTEREST-OTHER> 4,408
<INTEREST-TOTAL> 500,306
<INTEREST-DEPOSIT> 197,029
<INTEREST-EXPENSE> 239,925
<INTEREST-INCOME-NET> 260,381
<LOAN-LOSSES> 21,962
<SECURITIES-GAINS> (1,411)
<EXPENSE-OTHER> 238,875
<INCOME-PRETAX> 142,017
<INCOME-PRE-EXTRAORDINARY> 142,017
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 93,815
<EPS-PRIMARY> .98
<EPS-DILUTED> .97
<YIELD-ACTUAL> 4.40
<LOANS-NON> 43,030
<LOANS-PAST> 20,059
<LOANS-TROUBLED> 2,984
<LOANS-PROBLEM> 66,073
<ALLOWANCE-OPEN> 165,928
<CHARGE-OFFS> 33,226
<RECOVERIES> 7,412
<ALLOWANCE-CLOSE> 157,260
<ALLOWANCE-DOMESTIC> 157,260
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> SEP-30-1997
<CASH> 551,947
<INT-BEARING-DEPOSITS> 23,207
<FED-FUNDS-SOLD> 22,775
<TRADING-ASSETS> 14,356
<INVESTMENTS-HELD-FOR-SALE> 1,985,901
<INVESTMENTS-CARRYING> 867,825
<INVESTMENTS-MARKET> 0
<LOANS> 9,663,079
<ALLOWANCE> 157,584
<TOTAL-ASSETS> 13,753,520
<DEPOSITS> 10,335,655
<SHORT-TERM> 1,916,750
<LIABILITIES-OTHER> 256,676
<LONG-TERM> 200,785
<COMMON> 47,151
0
0
<OTHER-SE> 996,503
<TOTAL-LIABILITIES-AND-EQUITY> 13,753,520
<INTEREST-LOAN> 614,877
<INTEREST-INVEST> 139,018
<INTEREST-OTHER> 5,470
<INTEREST-TOTAL> 759,365
<INTEREST-DEPOSIT> 296,052
<INTEREST-EXPENSE> 366,218
<INTEREST-INCOME-NET> 393,147
<LOAN-LOSSES> 33,601
<SECURITIES-GAINS> (1,394)
<EXPENSE-OTHER> 362,662
<INCOME-PRETAX> 208,192
<INCOME-PRE-EXTRAORDINARY> 208,192
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 137,290
<EPS-PRIMARY> 1.44
<EPS-DILUTED> 1.42
<YIELD-ACTUAL> 4.37
<LOANS-NON> 39,510
<LOANS-PAST> 19,431
<LOANS-TROUBLED> 3,382
<LOANS-PROBLEM> 62,323
<ALLOWANCE-OPEN> 165,928
<CHARGE-OFFS> 48,539
<RECOVERIES> 11,410
<ALLOWANCE-CLOSE> 157,584
<ALLOWANCE-DOMESTIC> 157,584
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
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