<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1996 <CASH> 47,549 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 871,062 <INVESTMENTS-CARRYING> 32,148 <INVESTMENTS-MARKET> 31,372 <LOANS> 1,708,127 <ALLOWANCE> 23,370 <TOTAL-ASSETS> 2,773,345 <DEPOSITS> 1,709,123 <SHORT-TERM> 571,761 <LIABILITIES-OTHER> 27,286 <LONG-TERM> 276,738 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8,687 <OTHER-SE> 179,750 <TOTAL-LIABILITIES-AND-EQUITY> 2,773,345 <INTEREST-LOAN> 96,784 <INTEREST-INVEST> 50,142 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 146,926 <INTEREST-DEPOSIT> 47,153 <INTEREST-EXPENSE> 79,287 <INTEREST-INCOME-NET> 67,639 <LOAN-LOSSES> 7,613 <SECURITIES-GAINS> 5,047 <EXPENSE-OTHER> 38,219 <INCOME-PRETAX> 26,854 <INCOME-PRE-EXTRAORDINARY> 26,854 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,815 <EPS-PRIMARY> 1.92 <EPS-DILUTED> 1.92 <YIELD-ACTUAL> 3.57 <LOANS-NON> 12,315 <LOANS-PAST> 8,393 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 21,462 <CHARGE-OFFS> 7,038 <RECOVERIES> 1,333 <ALLOWANCE-CLOSE> 20,370 <ALLOWANCE-DOMESTIC> 20,370 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0