EXHIBIT 5.0    OPINION OF MULDOON MURPHY & AGUGGIA LLP







                   [MULDOON MURPHY & AGUGGIA LLP LETTERHEAD]



                                 August 8, 2006



Board of Directors
Provident Community Bancshares, Inc.
203 West Main Street
Union, South Carolina  29379

         Re:    Provident Community Bancshares, Inc. 2006 Equity Incentive Plan
                ---------------------------------------------------------------

Members of the Board of Directors:

         We have been requested by Provident Community Bancshares, Inc., a
Delaware corporation (the "Company"), to issue a legal opinion in connection
with the registration (the "Registration") of 150,000 shares of the Company's
Common Stock, par value $.01 per share (the "Shares"). The Registration of the
Shares is being effected on a Form S-8.

         We have made such legal and factual examinations and inquiries as we
deemed advisable for the purpose of rendering this opinion. In our examination,
we have assumed and have not verified (i) the genuineness of all signatures,
(ii) the authenticity of all documents submitted to us as originals, (iii) the
conformity to the originals of all documents supplied to us as copies, and (iv)
the accuracy and completeness of all corporate records and documents and of all
certificates and statements of fact, in each case given or made available to us
by the Company.

         Based on the foregoing and limited in all respects to Delaware law, it
is our opinion that the Shares reserved under the Plan have been duly authorized
and, upon payment for and issuance of the Shares in the manner described in the
Plan, will be legally issued, fully paid and nonassessable.

         This opinion is rendered to you in connection with the issuance of the
Shares as described above. This opinion should not be quoted in whole or in
part, or otherwise referred to or furnished to any governmental agency (other
than the Securities and Exchange Commission in connection with the
aforementioned Registration Statement on Form S-8), or to any other person or
entity, without the prior written consent of this firm.





Board of Directors
Provident Community Bancshares, Inc.
August 8, 2006
Page 2


         We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement and to the reference to this firm under Item 5, Interests
of Named Experts and Counsel in the Registration Statement. In giving such
consent, we do not hereby admit that we are experts or are otherwise within the
category of persons whose consent is required under Section 7 of the Act or the
rules or regulations of the Securities and Exchange Commission thereunder.

         We hereby consent to the filing of this opinion as an exhibit to, and
the reference to this firm in, the Company's Registration Statement on Form S-8.

                                            Very truly yours,

                                            /s/ Muldoon Murphy & Aguggia LLP

                                            MULDOON MURPHY & AGUGGIA LLP