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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000939057-02-000038.txt : 20020508
<SEC-HEADER>0000939057-02-000038.hdr.sgml : 20020508
ACCESSION NUMBER:		0000939057-02-000038
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20020506
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20020508

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PROVIDENT FINANCIAL HOLDINGS INC
		CENTRAL INDEX KEY:			0001010470
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				330704889
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28304
		FILM NUMBER:		02637940

	BUSINESS ADDRESS:	
		STREET 1:		3756 CENTRAL AVE
		CITY:			RIVERSIDE
		STATE:			CA
		ZIP:			92506
		BUSINESS PHONE:		9096866060

	MAIL ADDRESS:	
		STREET 1:		3756 CENTRAL AVENUE
		CITY:			RIVERSIDE
		STATE:			CA
		ZIP:			92506
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k8-1204.htm
<DESCRIPTION>PROVIDENT FINANCIAL HOLDINGS, INC. FORM 8-K
<TEXT>
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<p style="text-align: center"><b>UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</b></p><br><br>

<p style="text-align: center"><b>FORM 8-K</b><br><br>Current Report Pursuant to Section 13 or 15(d) of<br>
the Securities Exchange Act of 1934</p>
<br>
<br>
<p style="text-align: center">Date of Report (Date of earliest event reported):&nbsp;<u>May 6, 2002</u></p>
<br>
<br>
<p style="text-align: center"><u>PROVIDENT FINANCIAL HOLDINGS, INC.</u><BR>
(Exact name of registrant as specified in its charter)</p>
<br>

<table width=100% align=center>
<tr>
<td width=33% align=center><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delaware&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>(State or other jurisdiction<br>of incorporation)</td>
<td width=34% align=center><u>&nbsp;&nbsp;000-28304&nbsp;&nbsp;</u><br>(Commission<br>File Number)</td>
<td width=33% align=center> <u>&nbsp;&nbsp;33-0704889&nbsp;&nbsp;</u><br>(I.R.S. Employer<br>  Identification No.)</td>
</tr>
</table>
<br>

<table width=100% align=center>
<tr>
<td width-3%>&nbsp;</td>
<td width=70% align=left><u>3756 Central Avenue, Riverside, California</u><br>(Address of principal executive offices)</td>
<td width=27% align=center><u> 92506  </u><br> (Zip Code)</td>
</tr>
</table>

<br><br>
<p style="text-align: center">Registrant's telephone number (including area code):&nbsp;<u>(909) 686-6060</u></p>
<br>
<p style="text-align: center"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
(Former name or former address, if changed since last report)</p>
<br>
<br>
<br>
<br>
<b><font size="1">&lt;PAGE&gt;</b><hr><font size="3">
<br>
<br>
<p style="text-align: justify"><b>Item 5.  OTHER EVENTS</b></p>

<p style="text-align: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On May 6, 2002,  Provident Financial Holdings,  Inc. ("Company") announced that Provident Savings Bank, FSB, a wholly owned subsidiary of the Company,  has opened a loan production  office in La Quinta,  California.  This  office is  expected  to  increase  the  Company's  presence  in the  rapidly  growing  Coachella  Valley, California.  Reference is made to the Company's press release dated May 6, 2002, which is attached hereto as Exhibit 99 and incorporated herein by reference.</p>
<br>
<p style="text-align: justify"><b>Item 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION  AND EXHIBITS</b></p>

<P align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;<u>Exhibit</u></p>

<P align=left><FONT FACE="Times New Roman, Times, Serif" SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99&nbsp;&nbsp;&nbsp;&nbsp;Press Release dated May 6, 2002</p>
<br><br>


<br><br>
<p style="text-align: justify"><b>SIGNATURES</b></p>

<p style="text-align: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned, hereunto duly authorized.</p>
<br>

<table width=90% align=center>
<tr>
<td width=25% align=left>Date: May 8, 2002 <br><br><br></td>
<td width=65% align=left>Provident Financial Holdings, Inc.<br><br><br></td>
</tr>

<tr>
<td width=25% align=left valign=top>&nbsp;</td>
<td width=65% align=left><u>/s/ Robert G. Schrader</u><br><br>
Robert G. Schrader<br>Corporate Secretary</td>
</tr>

<tr>
<td width=25% align=left valign=top>&nbsp;</td>
<td width=65% align=left>&nbsp;</td>
</tr>
<tr>
<td width=25% align=left valign=top>&nbsp;</td>
<td width=65% align=left>&nbsp;</td>
</tr>
<tr>
<td width=25% align=left valign=top>&nbsp;</td>
<td width=65% align=left>&nbsp;</td>
</tr>


<tr>
<td width=25% align=left valign=top>&nbsp;</td>
<td width=65% align=left><u>/s/ Donavon P. Ternes</u><br><br>
Donavon P. Ternes<br>Chief Financial Officer<br>(Principal Financial and Accounting Officer)</td>
</tr>
</table>

<br><br><br><br><br><br><br><br><br>
<br><div align="center">1</div>
<b><font size="1">&lt;PAGE&gt;</b><hr><font size="3">
<br>
<br>


<br><br><br><br><br>
<p style="text-align: center"><b>Exhibit 99</p>

<p style="text-align: center"><b>Press Release Dated May 6, 2002</p>
<br><br><br><br><br>
<br>
<br>
<b><font size="1">&lt;PAGE&gt;</b><hr><font size="3">
<br>
<br>
<br><br><br>

<table width=100% align=center>
<tr>
<td width=50% align=left valign=top><br><b>PROVIDENT<br><small>Provident Financial Holdings, Inc.</b></td>
<td width=50% align=right valign=top><b>PROV<br>NASDAQ<br><small>LISTED</b></td>
</tr>

</table>
<br>
<hr noshade size=5 width=100%>
<br>

<table width=90% align=center>

<tr>
<td width=30% align=left valign=top><b>IMMEDIATE RELEASE</b></td>
<td width=40% align=center valign=top>Contacts:</td>
<td width=20% align=left valign=top>Rich Gale<br>Division President<br>(909) 686-6060</td>
</tr>
</table>





<p align=center><b>Provident Bank Mortgage Establishes New Branch in La Quinta</b></p>

<p align=Justify><font size=3></b></b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Riverside, California,
May 6, 2002 -- Provident Bank Mortgage, a division of Provident Savings Bank, FSB, today announced that it has opened a loan production office in La Quinta, California. This new office will increase the bank&#146;s presence
in the rapidly growing Coachella Valley. Provident Bank Mortgage currently operates a full service branch in Rancho Mirage, which is anchored by a Provident Bank Retail/Business Banking Office. </p>

<p align=Justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  The La Quinta
office will give us extended coverage in the Coachella Valley, and
will position Provident Bank Mortgage to build more relationships with local
residents, realtors, and builders. &#147;We have had a strong commitment to this
area for over 40 years,&#148; commented Rich Gale, Division President. Building
on the promise of Faster Funded Home Loans, this new office will complement the
Rancho Mirage Branch by offering local service to the La Quinta community.
Provident Bank Mortgage&#146;s Power Branch concept is focused around a full
service operation in each branch including loan origination, processing,
underwriting, and funding. &#147;By not centralizing our departments or using
loan committees, we offer the real estate community personalized, relevant
service, and more importantly, faster service,<B>&#148; </B>commented Rich Gale.
Gale went on to state, &#147;Both consumers and realtors demand speed, quick
turn around, and our Power Branch concept provides us a competitive distinction
in the community.&#148; </p>

<p align=Justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  Provident
Savings Bank, FSB is a community-oriented, federally chartered, full-service
retail bank with assets of more than $1.0 billion. Headquartered in Riverside,
California, Provident Bank currently has 11 retail/business banking offices in
Southern California along with 8 Provident Bank Mortgage loan production
offices. Provident can be found on the Internet at <U>www.myprovident.com</U> or
we can be reached at our Corporate Call Center at 1-800-442-5201.</p>

<br><br><br>
<p align=center></p>
<p align=left><b><font size="1">&lt;PAGE&gt;</b><hr>
<font size="3"></p>
<br>

<table width=100% align=center>
<tr>
<td width=50% align=left valign=top><br><b>PROVIDENT<br><small>Provident Financial Holdings, Inc.</b></td>
<td width=50% align=right valign=top><b>PROV<br>NASDAQ<br><small>LISTED</b></td>
</tr>
</table>

<br>
<hr noshade size=5 width=100%>
<br>

<p align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward-looking Statement </p>

<p align=Justify><font size="2"><i>Certain matters in this
Press Release constitute forward looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These forward looking
statements relate to, among others, expectations of the business environment in
which the Company operates, projections of future performance, perceived
opportunities in the market, potential future credit experience, and statements
regarding the Company&#146;s mission and vision. These forward looking
statements are based upon current management expectations, and may, therefore,
involve risks and uncertainties. The Company&#146;s actual results, performance,
or achievements may differ materially from those suggested, expressed, or
implied by forward looking statements due to a wide range of factors including,
but not limited to, the general business environment, interest rates, the
California real estate market, competitive conditions between banks and non-bank
financial services providers, regulatory changes, and other risks detailed in
the Company&#146;s reports filed with the Securities and Exchange Commission,
including the Annual Report on Form 10-K for the fiscal year ended June 30,
2001. Forward looking statements are effective only as of the date that they are
made and Provident Financial assumes no obligation to update this information. </P>
<br>
<p align=center>####</i></p>


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