<ARTICLE> 9 <LEGEND> This schedule contains summary 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 <CURRENCY> U.S. Dollars <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <EXCHANGE-RATE> 1 <CASH> 77,137 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,364,477 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 3,235,026 <ALLOWANCE> 38,682 <TOTAL-ASSETS> 4,899,590 <DEPOSITS> 3,569,632 <SHORT-TERM> 225,505 <LIABILITIES-OTHER> 39,763 <LONG-TERM> 742,025 <PREFERRED-MANDATORY> 39,250 <PREFERRED> 0 <COMMON> 26,115 <OTHER-SE> 257,300 <TOTAL-LIABILITIES-AND-EQUITY> 4,899,590 <INTEREST-LOAN> 124,734 <INTEREST-INVEST> 41,401 <INTEREST-OTHER> 1,225 <INTEREST-TOTAL> 167,360 <INTEREST-DEPOSIT> 70,598 <INTEREST-EXPENSE> 97,196 <INTEREST-INCOME-NET> 70,164 <LOAN-LOSSES> 4,720 <SECURITIES-GAINS> 312 <EXPENSE-OTHER> 34,229 <INCOME-PRETAX> 31,527 <INCOME-PRE-EXTRAORDINARY> 31,527 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 21,315 <EPS-BASIC> 0.83 <EPS-DILUTED> 0.81 <YIELD-ACTUAL> 3.06 <LOANS-NON> 8,068 <LOANS-PAST> 31,806 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 42,739 <CHARGE-OFFS> 9,588 <RECOVERIES> 811 <ALLOWANCE-CLOSE> 38,682 <ALLOWANCE-DOMESTIC> 38,682 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0