<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-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 60,792 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 944,124 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 2,600,222 <ALLOWANCE> 35,197 <TOTAL-ASSETS> 3,700,450 <DEPOSITS> 2,655,912 <SHORT-TERM> 373,283 <LIABILITIES-OTHER> 37,977 <LONG-TERM> 374,105 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,568 <OTHER-SE> 247,605 <TOTAL-LIABILITIES-AND-EQUITY> 3,700,450 <INTEREST-LOAN> 149,331 <INTEREST-INVEST> 57,738 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 207,069 <INTEREST-DEPOSIT> 76,286 <INTEREST-EXPENSE> 115,468 <INTEREST-INCOME-NET> 91,601 <LOAN-LOSSES> 7,217 <SECURITIES-GAINS> 568 <EXPENSE-OTHER> 59,401 <INCOME-PRETAX> 25,551 <INCOME-PRE-EXTRAORDINARY> 25,551 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 15,949 <EPS-PRIMARY> 1.34 <EPS-DILUTED> 1.33 <YIELD-ACTUAL> 3.52 <LOANS-NON> 7,631 <LOANS-PAST> 23,118 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 30,361 <CHARGE-OFFS> 3,836 <RECOVERIES> 1,455 <ALLOWANCE-CLOSE> 35,197 <ALLOWANCE-DOMESTIC> 35,197 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0