<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1995 <CASH> 50,124 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 356,695 <INVESTMENTS-CARRYING> 424,738 <INVESTMENTS-MARKET> 434,869 <LOANS> 1,526,281 <ALLOWANCE> 21,100 <TOTAL-ASSETS> 2,499,016 <DEPOSITS> 1,537,610 <SHORT-TERM> 501,785 <LIABILITIES-OTHER> 25,563 <LONG-TERM> 262,917 <COMMON> 8,112 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 163,029 <TOTAL-LIABILITIES-AND-EQUITY> 2,499,016 <INTEREST-LOAN> 86,013 <INTEREST-INVEST> 45,843 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 131,856 <INTEREST-DEPOSIT> 41,171 <INTEREST-EXPENSE> 70,875 <INTEREST-INCOME-NET> 60,981 <LOAN-LOSSES> 545 <SECURITIES-GAINS> (2,757) <EXPENSE-OTHER> 38,107 <INCOME-PRETAX> 19,572 <INCOME-PRE-EXTRAORDINARY> 19,572 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,925 <EPS-PRIMARY> 1.59 <EPS-DILUTED> 1.58 <YIELD-ACTUAL> 4 <LOANS-NON> 12,318 <LOANS-PAST> 709 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 20,893 <CHARGE-OFFS> 1,124 <RECOVERIES> 786 <ALLOWANCE-CLOSE> 21,100 <ALLOWANCE-DOMESTIC> 21,100 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0