<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 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1996 <CASH> 57,247 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 895,338 <INVESTMENTS-CARRYING> 32,347 <INVESTMENTS-MARKET> 31,430 <LOANS> 1,571,957 <ALLOWANCE> 21,733 <TOTAL-ASSETS> 2,702,881 <DEPOSITS> 1,747,723 <SHORT-TERM> 455,929 <LIABILITIES-OTHER> 32,935 <LONG-TERM> 284,508 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8,655 <OTHER-SE> 173,131 <TOTAL-LIABILITIES-AND-EQUITY> 2,702,881 <INTEREST-LOAN> 61,803 <INTEREST-INVEST> 34,018 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 95,821 <INTEREST-DEPOSIT> 30,510 <INTEREST-EXPENSE> 51,441 <INTEREST-INCOME-NET> 44,380 <LOAN-LOSSES> 5,775 <SECURITIES-GAINS> 5,005 <EXPENSE-OTHER> 26,307 <INCOME-PRETAX> 17,303 <INCOME-PRE-EXTRAORDINARY> 17,303 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,910 <EPS-PRIMARY> 1.25 <EPS-DILUTED> 1.25 <YIELD-ACTUAL> 3.59 <LOANS-NON> 12,977 <LOANS-PAST> 6,398 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 21,462 <CHARGE-OFFS> 6,280 <RECOVERIES> 776 <ALLOWANCE-CLOSE> 21,733 <ALLOWANCE-DOMESTIC> 21,733 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0