UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 20, 2011
PROVIDENT FINANCIAL HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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000-28304
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33-0704889
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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3756 Central Avenue, Riverside, California
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92506
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (951) 686-6060
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
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[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other Events
Provident Financial Holdings, Inc. (“Company”), the holding company for Provident Savings Bank, F.S.B. ("Bank"), today reports that the Office of Thrift Supervision ("OTS") has rescinded the "troubled condition" designation of the Company and Bank and the operating restrictions imposed in July 2009. Additionally, the OTS has removed the heightened regulatory requirements and operating restrictions imposed in June 2010. The regulatory requirements and operating restrictions referred to in this Form 8-K are discussed in Item 1A. Risk Factors in the Form 10-K for the fiscal year ended June 30, 2010 and filed with the Securities and Exchange Commission on September 13, 2010.
SIGNATURES
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.
| Date: June 20, 2011 | PROVIDENT FINANCIAL HOLDINGS, INC. |
| /s/ Donavon P. Ternes | |
| Donavon P. Ternes | |
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Chief Operating Officer and Chief Financial Officer
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| (Principal Financial and Accounting Officer) |