- --------------------------------------------------------------------------------
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): September 15, 1998
THE PROVIDENT BANK
__________________________________________________________
(Exact name of registrant as specified in its charter)
Ohio 333-45369 31-0412725
- ------------------------------- ------------------------ -------------------
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer
Incorporation) Number) Identification No.)
One East Fourth Street
Cincinnati, Ohio 45202
----------------------------------- ---------------------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (513) 579-2000
----- --------
- --------------------------------------------------------------------------------
<PAGE>
Item 5. Other Events.
- ---- ------------
Filing of Derived Materials.
- ---------------------------
In connection with the offering of the Provident Bank Home Equity Loan
Trust 1998-3, Home Equity Loan Asset-Backed Certificates, Series 1998-3 (the
"Certificates"), Lehman Brothers Inc., Donaldson, Lufkin & Jenrette Securities
Corporation and Prudential Securities Incorporated, as underwriters of the
Certificates (the "Underwriters"), have prepared certain materials (the "Derived
Materials") for distribution to its potential investors. Although The Provident
Bank (the "Company") provided the Underwriters with certain information
regarding the characteristics of the Mortgage Loans (the "Loans") in the related
portfolio, it did not participate in the preparation of the Derived Materials.
Concurrently with the filing hereof, pursuant to Rule 311(i) of Regulation S-T,
the Company is filing the Derived Materials by paper filing on Form SE.
For purposes of this Form 8-K, Derived Materials shall mean computer
generated tables and/or charts displaying, with respect to the Certificates, any
of the following: yield; average life, duration; expected maturity; interest
rate sensitivity; loss sensitivity; cash flow characteristics; background
information regarding the Loans; the proposed structure; decrement tables; or
similar information (tabular or otherwise) of a statistical, mathematical,
tabular or computational nature. The Derived Materials are attached hereto as
Exhibit 99.1.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
------------------------
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Derived Materials
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
THE PROVIDENT BANK
By: /s/ Kevin Shea
---------------
Name: Kevin M. Shea
Title: Vice President
Dated: September 14, 1998
<PAGE>
Exhibit Index
Exhibit Page
99.1 Derived Materials...............................6
<PAGE>
EXHIBIT 99.1
In accordance with Rule 311(i) of Regulation S-T, the Derived Materials are
being filed on paper pursuant to Form SE.
