PROVIDENT BANCORP INC
10-C, 1996-05-29
STATE COMMERCIAL BANKS
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-C

                 REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

                  Filed pursuant to Section 13 or 15(d) of the
                 Securities Exchange Act of 1934 and Rule 13a-17
                              or 15d-17 thereunder

                             Provident Bancorp, Inc.
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                 (Exact name of issuer as specified in charter)

                 One East Fourth Street, Cincinnati, Ohio 45202
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                    (Address of principal executive offices)

Issuer's telephone number, including area code (513) 579-2000 
                                              ----------------------------------
         I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

         Indicate any change (increase or decrease) of 5% or more in the number
of shares outstanding:

         1.       Title of security           Common Stock 
                                   ---------------------------------------------

         2.       Number of shares outstanding before the change   17,560,392 
                                                                ----------------

         3.       Number of shares outstanding after the change    26,339,846
                                                               -----------------

         4.       Effective date of change May 24, 1996  (Distribution Date)
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         5.       Method of change:  3 for 2 stock split
                                   ---------------------------------------------
                        Specify method (such as merger, acquisition, exchange,
                        distribution, stock split, reverse split, acquisition of
                        stock for treasury, etc.)

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                  Give brief description of transaction Three for two stock
                                                       -------------------------
split to holders of record May 7, 1996; Distribution May 24, 1996
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                          II. CHANGE IN NAME OF ISSUER

         1.       Name prior to change
                                      ------------------------------------------

         2.       Name after change
                                   ---------------------------------------------

         3.       Effective date of charter amendment changing name
                                                                   -------------

         4.       Date of shareholder approval of change, if required
                                                                     -----------

Date                   Leslie C. Nomeland, Senior Counsel              
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                         (Officer's signature and title)


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