<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, 1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                          34,096<F1>
<INT-BEARING-DEPOSITS>                          85,634<F1>
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    462,669<F1>
<INVESTMENTS-CARRYING>                          88,325<F1>
<INVESTMENTS-MARKET>                            87,491<F1>
<LOANS>                                      1,064,707<F1>
<ALLOWANCE>                                     16,035<F1>
<TOTAL-ASSETS>                               3,084,963<F2><F3>
<DEPOSITS>                                   1,246,856<F1>
<SHORT-TERM>                                   221,683<F1>
<LIABILITIES-OTHER>                            330,714<F4>
<LONG-TERM>                                    858,475<F2>
<COMMON>                                        25,860<F2>
<PREFERRED-MANDATORY>                            4,000<F2>
<PREFERRED>                                          0
<OTHER-SE>                                     341,375<F2>
<TOTAL-LIABILITIES-AND-EQUITY>               3,084,963<F2>
<INTEREST-LOAN>                                 66,180<F1>
<INTEREST-INVEST>                               30,551<F1>
<INTEREST-OTHER>                                 2,675<F1>
<INTEREST-TOTAL>                                99,406<F1>
<INTEREST-DEPOSIT>                              38,804<F1>
<INTEREST-EXPENSE>                              55,279<F1>
<INTEREST-INCOME-NET>                           44,127<F1>
<LOAN-LOSSES>                                    5,003<F1>
<SECURITIES-GAINS>                                 970<F1>
<EXPENSE-OTHER>                                 36,844<F5>
<INCOME-PRETAX>                               (12,024)<F2>
<INCOME-PRE-EXTRAORDINARY>                     (7,527)<F2>
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (7,527)<F2>
<EPS-PRIMARY>                                   (0.34)<F2>
<EPS-DILUTED>                                   (0.34)<F2>
<YIELD-ACTUAL>                                    3.56<F1>
<LOANS-NON>                                     11,106<F1>
<LOANS-PAST>                                         0<F1>
<LOANS-TROUBLED>                                 9,777<F1>
<LOANS-PROBLEM>                                 45,200<F1>
<ALLOWANCE-OPEN>                                17,659<F1>
<CHARGE-OFFS>                                    4,370<F1><F6>
<RECOVERIES>                                     1,028<F1><F6>
<ALLOWANCE-CLOSE>                               16,243<F1><F6><F7>
<ALLOWANCE-DOMESTIC>                            16,243<F1>
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
<FN>
<F1>Balance specific to financial services segment.
<F2>Consolidated financial statement balance.
<F3>Includes gas utility property, net $1,103,282.
<F4>Balance includes consolidated deferred income taxes, accounts payable and
other accrued liabilities.
<F5>Bank specific items including general and administrative expenses, goodwill
amortization and income from real estate operations.
<F6>Includes charge-offs and recoveries related to foreclosed real estate.
<F7>Bank transferred $3.1 million of its allowance for estimated losses to a
separate allowance for credit losses affiliated with debt securities.
</FN>