<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <EXCHANGE-RATE> 1 <CASH> 76,211 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,323,419 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 3,339,731 <ALLOWANCE> 40,105 <TOTAL-ASSETS> 4,914,342 <DEPOSITS> 3,656,315 <SHORT-TERM> 234,227 <LIABILITIES-OTHER> 38,884 <LONG-TERM> 662,733 <PREFERRED-MANDATORY> 39,155 <PREFERRED> 0 <COMMON> 26,146 <OTHER-SE> 256,882 <TOTAL-LIABILITIES-AND-EQUITY> 4,914,342 <INTEREST-LOAN> 191,869 <INTEREST-INVEST> 63,626 <INTEREST-OTHER> 1,827 <INTEREST-TOTAL> 257,322 <INTEREST-DEPOSIT> 109,292 <INTEREST-EXPENSE> 149,367 <INTEREST-INCOME-NET> 107,955 <LOAN-LOSSES> 7,935 <SECURITIES-GAINS> 312 <EXPENSE-OTHER> 52,282 <INCOME-PRETAX> 48,050 <INCOME-PRE-EXTRAORDINARY> 48,050 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 32,620 <EPS-BASIC> 1.28 <EPS-DILUTED> 1.24 <YIELD-ACTUAL> 3.09 <LOANS-NON> 9,526 <LOANS-PAST> 28,211 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 42,739 <CHARGE-OFFS> 11,717 <RECOVERIES> 1,148 <ALLOWANCE-CLOSE> 40,105 <ALLOWANCE-DOMESTIC> 40,105 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0