<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SOUTHWEST GAS CORPORATION'S FORM 10-Q FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1994 <CASH> 46,188<F1> <INT-BEARING-DEPOSITS> 0<F1> <FED-FUNDS-SOLD> 65,095<F1> <TRADING-ASSETS> 0<F1> <INVESTMENTS-HELD-FOR-SALE> 566,491<F1> <INVESTMENTS-CARRYING> 74,730<F1> <INVESTMENTS-MARKET> 72,713<F1> <LOANS> 919,712<F1> <ALLOWANCE> 16,995<F1> <TOTAL-ASSETS> 2,955,456<F2><F3> <DEPOSITS> 1,251,550<F1> <SHORT-TERM> 225,480<F1> <LIABILITIES-OTHER> 334,060<F4> <LONG-TERM> 726,010<F2> <COMMON> 22,759<F2> <PREFERRED-MANDATORY> 8,058<F2> <PREFERRED> 0 <OTHER-SE> 300,539<F2><F6> <TOTAL-LIABILITIES-AND-EQUITY> 2,955,456<F2> <INTEREST-LOAN> 56,072<F1> <INTEREST-INVEST> 28,799<F1> <INTEREST-OTHER> 2,192<F1> <INTEREST-TOTAL> 87,063<F1> <INTEREST-DEPOSIT> 32,275<F1> <INTEREST-EXPENSE> 43,116<F1> <INTEREST-INCOME-NET> 43,947<F1> <LOAN-LOSSES> 5,202<F1> <SECURITIES-GAINS> 34<F1> <EXPENSE-OTHER> 35,771<F5> <INCOME-PRETAX> 3,347<F2> <INCOME-PRE-EXTRAORDINARY> 1,764<F2> <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,764<F2> <EPS-PRIMARY> 0.06<F2> <EPS-DILUTED> 0.06<F2> <YIELD-ACTUAL> 3.71<F1> <LOANS-NON> 12,721<F1> <LOANS-PAST> 0<F1> <LOANS-TROUBLED> 16,762<F1> <LOANS-PROBLEM> 49,500<F1> <ALLOWANCE-OPEN> 16,251<F1> <CHARGE-OFFS> 6,106<F1> <RECOVERIES> 1,648<F1> <ALLOWANCE-CLOSE> 16,995<F1> <ALLOWANCE-DOMESTIC> 16,995<F1> <ALLOWANCE-FOREIGN> 0<F1> <ALLOWANCE-UNALLOCATED> 0<F1> <FN> <F1>Balance specific to financial services segment <F2>Consolidated financial statement balance <F3>Includes gas plant in service, net: $1,007,249 <F4>Balance includes: consolidated deferred income taxes and tax credits, net; and accounts payable and other accrued liabilities <F5>Bank specific items including general and administrative expense, amortization of cost in excess of net assets acquired and income from real estate operations <F6>Includes: additional paid-in capital; capital stock expense; unrealized gain (loss), net of tax, on debt securities available for sale; and retained earnings </FN>