<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000818969 <NAME> PROVIDENT BANKSHARES CORPORATION <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> JUN-30-1995 <CASH> 53,369 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 422,536 <INVESTMENTS-CARRYING> 433,634 <INVESTMENTS-MARKET> 443,568 <LOANS> 1,405,839 <ALLOWANCE> 20,931 <TOTAL-ASSETS> 2,448,782 <DEPOSITS> 1,496,127 <SHORT-TERM> 518,275 <LIABILITIES-OTHER> 27,023 <LONG-TERM> 242,950 <COMMON> 8,026 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 156,381 <TOTAL-LIABILITIES-AND-EQUITY> 2,448,782 <INTEREST-LOAN> 55,021 <INTEREST-INVEST> 31,033 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 86,054 <INTEREST-DEPOSIT> 26,825 <INTEREST-EXPENSE> 45,814 <INTEREST-INCOME-NET> 40,240 <LOAN-LOSSES> 245 <SECURITIES-GAINS> (2,776) <EXPENSE-OTHER> 30,839 <INCOME-PRETAX> 11,932 <INCOME-PRE-EXTRAORDINARY> 11,932 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,115 <EPS-PRIMARY> 1.03 <EPS-DILUTED> 1.03 <YIELD-ACTUAL> 4 <LOANS-NON> 9,420 <LOANS-PAST> 676 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 20,893 <CHARGE-OFFS> 720 <RECOVERIES> 513 <ALLOWANCE-CLOSE> 20,931 <ALLOWANCE-DOMESTIC> 20,931 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0