<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN FORM 10-K 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> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <EXCHANGE-RATE> 1 <CASH> 90,840 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,671,507 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 3,184,119 <ALLOWANCE> 39,780 <TOTAL-ASSETS> 5,094,477 <DEPOSITS> 3,808,528 <SHORT-TERM> 301,323 <LIABILITIES-OTHER> 43,747 <LONG-TERM> 627,118 <PREFERRED-MANDATORY> 39,162 <PREFERRED> 0 <COMMON> 26,226 <OTHER-SE> 248,373 <TOTAL-LIABILITIES-AND-EQUITY> 5,094,477 <INTEREST-LOAN> 261,837 <INTEREST-INVEST> 88,094 <INTEREST-OTHER> 2,446 <INTEREST-TOTAL> 352,377 <INTEREST-DEPOSIT> 151,071 <INTEREST-EXPENSE> 204,261 <INTEREST-INCOME-NET> 148,116 <LOAN-LOSSES> 11,570 <SECURITIES-GAINS> 312 <EXPENSE-OTHER> 71,509 <INCOME-PRETAX> 65,349 <INCOME-PRE-EXTRAORDINARY> 65,349 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 44,150 <EPS-BASIC> 1.73 <EPS-DILUTED> 1.67 <YIELD-ACTUAL> 3.13 <LOANS-NON> 28,908 <LOANS-PAST> 29,181 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 42,739 <CHARGE-OFFS> 14,557 <RECOVERIES> 1,528 <ALLOWANCE-CLOSE> 39,780 <ALLOWANCE-DOMESTIC> 39,780 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0