-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GL06VndRvE23rcCuO4dPj03wvMf3MNKrUO6Z6RczOwB5yUwOJIUYBYNJcSHWbmxg vWvxw1zLi/k3DKnQdlsvxg== 0000891554-01-000013.txt : 20010122 0000891554-01-000013.hdr.sgml : 20010122 ACCESSION NUMBER: 0000891554-01-000013 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010103 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PROVIDENT BANCORP INC/NY/ CENTRAL INDEX KEY: 0001070154 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 000000000 FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-55059 FILM NUMBER: 1501279 BUSINESS ADDRESS: STREET 1: 400 RELLA BLVD CITY: MONTEBELLO STATE: NY ZIP: 10901 BUSINESS PHONE: 9143698040 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BL ADVISERS INC CENTRAL INDEX KEY: 0001099385 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 177 S. MOUNTAIN RD CITY: NEW YORK STATE: NY ZIP: 10956 BUSINESS PHONE: 9146399704 MAIL ADDRESS: STREET 1: 177 S. MOUNTAIN RD CITY: NEW YORK STATE: NY ZIP: 10956 SC 13G/A 1 d24354_sc13g-a.txt AMENDMENT NO. 1 TO SCHEDULE 13G UNITED STATES SECURITIES & EXCHANGE COMMISSION Washington D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Provident Bancorp, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.10 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 743835100 -------------------------- (CUSIP Number) December 31, 2000 ------------------------------------------------------------------------------- Date of Event Which Requires Filing of this Statement Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 9 CUSIP No. 743835100 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) BL Advisers, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 49,088 shares 0.6% Number of ------------------------------------------------------------------ Shares 6 SHARED VOTING POWER Beneficially 449,287 shares 5.6% Owned By ------------------------------------------------------------------ Each 7 SOLE DISPOSITIVE POWER Reporting 49,088 shares 0.6% Person ------------------------------------------------------------------ With 8 SHARED DISPOSITIVE POWER 449,287 shares 5.6% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 498,375 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.2% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - -------------------------------------------------------------------------------- Page 2 of 9 CUSIP No. 743835100 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Barry Lewis - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 400,350 shares 5.0% Number of ------------------------------------------------------------------ Shares 6 SHARED VOTING POWER Beneficially 98,025 shares 1.2% Owned By ------------------------------------------------------------------ Each 7 SOLE DISPOSITIVE POWER Reporting 400,350 shares 5.0% Person ------------------------------------------------------------------ With 8 SHARED DISPOSITIVE POWER 98,025 shares 1.2% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 498,375 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.2% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- Page 3 of 9 CUSIP No. 743835100 13G - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Barbara Lewis - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 48,937 shares 0.6% Number of ------------------------------------------------------------------ Shares 6 SHARED VOTING POWER Beneficially 449,438 shares 5.6% Owned By ------------------------------------------------------------------ Each 7 SOLE DISPOSITIVE POWER Reporting 48,937 shares 0.6% Person ------------------------------------------------------------------ With 8 SHARED DISPOSITIVE POWER 449,438 shares 5.6% - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 498,375 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.2% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- Page 4 of 9 Item 1. (a) Provident Bancorp, Inc. (b) Address of Issuer's Principal Executive Offices 400 Rella Boulevard Montebello, New York 10901 Common Stock, $0.10 per share (CUSIP No. 743835100) Item 2. 1. (a) Name of Person Filing: BL Advisers, Inc. (b) Address of Principal Business Office, or, if none, Residence: 177 S. Mountain Road New City, New York 10956 (c) Citizenship: New York. (d) Title of Class of Securities: Common Stock, $0.10 par value per share (e) CUSIP Number: 743835100 2. (a) Name of Person Filing: Barry Lewis (b) Address of Principal Business Office, or, if none, Residence: 177 S. Mountain Road New City, New York 10956 (c) Citizenship: United States. (d) Title of Class of Securities: Common Stock, $0.10 par value per share (e) CUSIP Number: 743835100 3. (a) Name of Person Filing: Barbara Lewis (b) Address of Principal Business Office, or, if none, Residence: 177 S. Mountain Road New City, New York 10956 (c) Citizenship: United States. (d) Title of Class of Securities: Common Stock, $0.10 par value per share (e) CUSIP Number: 743835100 Item 3. If this statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b) or (c), check whether the person is a: (a) |_| Broker or dealer registered under section 15 of the Act (15 U.S.C.78o) (b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). Page 5 of 9 (c) |_| Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) |_| Investment company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (e) |_| An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E); (f) |_| An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F); (g) |_| A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G); (h) |_| A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) |_| A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) |_| Group, in accordance with ss.240.13d-1(b)(1)(ii)(J). Item 4. Ownership. 1. BL Advisers, Inc. (a) Amount Beneficially Owned: 498,375 (1),(2),(3),(4) shares. (b) Percent of Class: 6.2% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 49,088 (4) shares. (ii) shared power to vote or to direct the vote: 449,287 (1),(2),(3) shares. (iii) sole power to dispose or to direct the disposition of: 49,088 (4) shares. (iv) shared power to dispose or to direct the disposition of: 449,287 (1),(2),(3) shares. 2. Barry Lewis: (a) Amount Beneficially Owned: 498,375 (1),(2),(3),(4) shares. (b) Percent of Class: 6.2% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 400,350 (2) shares. (ii) shared power to vote or to direct the vote: 98,025 (1),(3),(4) shares. (iii) sole power to dispose or to direct the disposition of: 400,350 (2) shares. (iv) shared power to dispose or to direct the disposition of: 98,025 (1),(3),(4) shares. 1 The reporting person disclaims beneficial ownership of these securities except to the extent of his/her/its equity interest therein. 2 Includes 400,350 shares of Common Stock owned by Barry Lewis (which includes 218,950 shares held in the Barry Lewis IRA Rollover Account and 20,000 shares held in the Barry Lewis Pension Rollover Account). 3 Includes 48,937 shares of Common Stock owned by Barbara Lewis (which includes 2,200 shares held in the Barbara Lewis Rollover IRA Account). 4 Includes 49,088 shares of Common Stock owned by BL Advisers, Inc. Page 6 of 9 Reporting person is a shareholder and the President of BL Advisers, Inc. and the husband of Barbara Lewis. 3. Barbara Lewis: (a) Amount Beneficially Owned: 498,375 (1),(2),(3),(4) shares. (b) Percent of Class: 6.2% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 48,937 (3) shares. (ii) shared power to vote or to direct the vote: 449,438 (1),(2),(4) shares. (iii) sole power to dispose or to direct the disposition of: 48,937 (3) shares. (iv) shared power to dispose or to direct the disposition of: 449,438 (1),(2),(4) shares. Reporting person is a shareholder and Vice President of BL Advisers, Inc. and the wife of Barry Lewis. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. |_| Instruction: Dissolution of a group requires a response to this item. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable. Item 8. Identification and Classification of Members of the Group. Exhibit A - Joint Filing Agreement, was filed with Schedule 13G, dated November 17, 1999. Item 9. Notice of Dissolution of Group. Not Applicable. Page 7 of 9 Item 10. Certification. (b) The following certification shall be included if the statement is filed pursuant to ss.240.13d-1(c): By signing below each party certifies that, to the best of his/her/its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 8 of 9 SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Date: January 2, 2001 BL ADVISERS, INC. By: /s/ Barry Lewis --------------------------------- Barry Lewis, President /s/ Barry Lewis ------------------------------------- Barry Lewis /s/ Barbara Lewis ------------------------------------- Barbara Lewis Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) Page 9 of 9 -----END PRIVACY-ENHANCED MESSAGE-----