UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| Delaware | 000-28304 | 33-0704889 |
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
| 3756 Central Avenue, Riverside, California | 92506 |
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (951) 686-6060
| 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. |
| [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] 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. closed its Provident Bank Mortgage loan production office in Vista, California, effective September 14, 2007. The Company estimates that the one-time charges associated with the office closure will be immaterial. The future estimated cost savings, as a result of this action, is approximately $25,500 per month beginning on October 1, 2007.
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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: September 14, 2007 | PROVIDENT FINANCIAL HOLDINGS, INC. |
| /s/Donavon P. Ternes Donavon P. Ternes Chief Financial Officer (Prinicipal Financial and Accounting Officer) |
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