<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from Provident Bancorp, Inc.'s 10-Q for June 30, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 165,019 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,121,010 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 4,996,007 <ALLOWANCE> 61,169 <TOTAL-ASSETS> 6,428,464 <DEPOSITS> 4,248,609 <SHORT-TERM> 819,523 <LIABILITIES-OTHER> 136,270 <LONG-TERM> 765,721 <PREFERRED-MANDATORY> 0 <PREFERRED> 7,000 <COMMON> 11,715 <OTHER-SE> 439,626 <TOTAL-LIABILITIES-AND-EQUITY> 6,428,464 <INTEREST-LOAN> 220,178 <INTEREST-INVEST> 32,502 <INTEREST-OTHER> 730 <INTEREST-TOTAL> 253,410 <INTEREST-DEPOSIT> 94,079 <INTEREST-EXPENSE> 137,297 <INTEREST-INCOME-NET> 116,113 <LOAN-LOSSES> 23,750 <SECURITIES-GAINS> 96 <EXPENSE-OTHER> 72,878 <INCOME-PRETAX> 60,868 <INCOME-PRE-EXTRAORDINARY> 39,925 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 39,925 <EPS-PRIMARY> 1.46<F1> <EPS-DILUTED> 1.44<F1> <YIELD-ACTUAL> 3.97 <LOANS-NON> 18,863 <LOANS-PAST> 25,426 <LOANS-TROUBLED> 551 <LOANS-PROBLEM> 36,402 <ALLOWANCE-OPEN> 60,235 <CHARGE-OFFS> 24,807 <RECOVERIES> 1,991 <ALLOWANCE-CLOSE> 61,169 <ALLOWANCE-DOMESTIC> 61,169 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0 <FN> <F1>Earnings per share has been adjusted for a 3 for 2 stock split which was effective May 24, 1996. Prior financial data schedules have not been restated for this recapitalization. </FN>