<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SOUTHWEST GAS CORPORATION'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 35,262<F1> <INT-BEARING-DEPOSITS> 77,657<F1> <FED-FUNDS-SOLD> 11,003<F1> <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 529,400<F1> <INVESTMENTS-CARRYING> 101,880<F1> <INVESTMENTS-MARKET> 99,403<F1> <LOANS> 955,810<F1> <ALLOWANCE> 17,659<F1> <TOTAL-ASSETS> 3,089,993<F2><F3> <DEPOSITS> 1,239,949<F1> <SHORT-TERM> 281,935<F1> <LIABILITIES-OTHER> 342,222<F4> <LONG-TERM> 790,798<F2> <COMMON> 22,912<F2> <PREFERRED-MANDATORY> 4,000<F2> <PREFERRED> 0 <OTHER-SE> 316,177<F2> <TOTAL-LIABILITIES-AND-EQUITY> 3,089,993<F2> <INTEREST-LOAN> 76,080<F1> <INTEREST-INVEST> 39,084<F1> <INTEREST-OTHER> 3,270<F1> <INTEREST-TOTAL> 118,434<F1> <INTEREST-DEPOSIT> 44,116<F1> <INTEREST-EXPENSE> 59,790<F1> <INTEREST-INCOME-NET> 58,644<F1> <LOAN-LOSSES> 7,230<F1> <SECURITIES-GAINS> 34<F1> <EXPENSE-OTHER> 47,981<F5> <INCOME-PRETAX> 44,023<F2> <INCOME-PRE-EXTRAORDINARY> 26,301<F2> <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 26,301<F2> <EPS-PRIMARY> 1.22<F2> <EPS-DILUTED> 1.22<F2> <YIELD-ACTUAL> 3.69<F1> <LOANS-NON> 12,693<F1> <LOANS-PAST> 0<F1> <LOANS-TROUBLED> 16,768<F1> <LOANS-PROBLEM> 32,200<F1> <ALLOWANCE-OPEN> 16,251<F1> <CHARGE-OFFS> 8,422<F1> <RECOVERIES> 2,600<F1> <ALLOWANCE-CLOSE> 17,659<F1> <ALLOWANCE-DOMESTIC> 17,659<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 $1,035,916 <F4>BALANCE INCLUDES CONSOLIDATED DEFERRED INCOME TAXES, ACCOUNTS PAYABLE AND OTHER ACCRUED LIABILITIES <F5>BANK SPECIFIC ITEMS INCLUDING GENERAL AND ADMINISTRATIVE EXPENSE, GOODWILL AMORTIZATION AND LOSS (INCOME) FROM REAL ESTATE OPERATIONS </FN>