UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB

(Mark One)

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

     For the quarterly period ended June 30, 2004
                                    -------------
[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE EXCHANGE ACT

              For the transition period from          to
                                             --------    --------

                        Commission file number: 000-50234


                             Eureka Financial Corp.
--------------------------------------------------------------------------------
        (Exact Name of Small Business Issuer as Specified in Its Charter)


        United States                                     75-3098403
-------------------------------                ---------------------------------
(State or Other Jurisdiction of                (IRS Employer Identification No.)
Incorporation or Organization)

        3455 Forbes Avenue at McKee Place, Pittsburgh, Pennsylvania 15213
--------------------------------------------------------------------------------
                    (Address of Principal Executive Offices)


Issuer's Telephone Number, Including Area Code:    (412) 681-8400
                                                   --------------


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days.

                      Yes   X        No
                           ---          ---

As of August 9, 2004, there were issued and outstanding  1,226,538 shares of the
registrant's Common Stock.

Transitional Small Business Disclosure Format (check one):   Yes       No  X
                                                                  ---     ---

<PAGE>

                             EUREKA FINANCIAL CORP.
                                      INDEX

<TABLE>
<CAPTION>
                                                                                                           Page
                                                                                                          Number
                                                                                                          ------
<S>                                                                                                    <C>
PART I - FINANCIAL INFORMATION

  Item 1.          Financial Statements

                   Balance Sheet as of June 30, 2004
                   (Unaudited), and September 30, 2003                                                      3

                   Statements of Income (Unaudited) for the Three and Nine
                   Months ended June 30, 2004 and 2003                                                      4

                   Statements of Cash Flows (Unaudited) for the
                   Nine Months ended June 30, 2004 and 2003                                                 5

                   Notes to Financial Statement (Unaudited)                                                6-7

  Item 2.          Management's Discussion and Analysis of Financial
                   Condition and Results of Operations                                                     8-11

  Item 3.          Controls and Procedures                                                                  11

PART II - OTHER INFORMATION

  Item 1.          Legal Proceedings                                                                        12

  Item 2.          Changes in Securities and Small Business Issuer Purchases of Equity Securities           12

  Item 3.          Defaults Upon Senior Securities                                                          12

  Item 4.          Submission of Matters to a Vote of Security Holders                                      12

  Item 5.          Other Information                                                                        12

  Item 6.          Exhibits and Reports on Form 8-K                                                         12

Signatures
</TABLE>

                                       2

<PAGE>

CONSOLIDATED BALANCE SHEET
EUREKA FINANCIAL CORP.

<TABLE>
<CAPTION>
                                                                                     June 30,      September 30,
                                                                                       2004            2003
                                                                                   ------------    ------------
                                                                                    (Unaudited)
<S>                                                                              <C>             <C>
ASSETS

  Cash and due from banks                                                          $    586,530    $    496,589
  Interest-bearing deposits in banks                                                  4,597,152       8,340,784
  Securities available-for-sale                                                      11,734,814      11,877,487
  Securities held-to-maturity
    (Market values of $7,247,988 and
    $5,865,608 respectively)                                                          7,125,942       5,629,750
  Mortgage-backed securities, available-for-sale                                        847,574       1,364,782
  Federal Home Loan Bank stock, at cost                                                 304,300         332,600
  Loans receivable, net                                                              59,466,070      53,288,111
  Premises and equipment, net                                                         1,186,943       1,241,032
  Other assets                                                                          904,991         750,066
                                                                                   ------------    ------------

  Total Assets                                                                     $ 86,754,316    $ 83,321,201
                                                                                   ============    ============

LIABILITIES AND STOCKHOLDERS' EQUITY

  Liabilities
    Deposit accounts
        Non-interest bearing                                                       $  1,751,111    $  1,887,906
        Interest bearing                                                             63,224,631      59,952,093
                                                                                   ------------    ------------
          Total deposit accounts                                                     64,975,742      61,839,999

    Advances from borrowers for taxes & insurance                                       321,002         334,252
    Other liabilities                                                                 1,157,239       1,035,752
    FHLB advances                                                                     1,000,000       1,000,000
    Guarantee of employee stock ownership plan (ESOP) debt                                    0          40,258
                                                                                   ------------    ------------
        Total liabilities                                                            67,453,983      64,250,261

  Stockholders' Equity
    Common Stock ($0.10 par value)
       4,000,000 shares  authorized,  1,377,810 shares issued,
       1,226,538 shares outstanding as of June 30, 2004
       and September 30, 2003, respectively                                             137,781         137,781
    Additional paid-in-capital                                                        6,404,139       6,234,226
    Retained earnings-substantially restricted                                        13,322,761      13,213,697
    Unearned employee stock ownership plan
       (ESOP) shares                                                                          0         (40,258)
    Unearned compensation-restricted stock plan                                         (39,236)        (67,733)
    Accumulated other comprehensive income net of
       applicable income taxes of $562,723 and
       $623,686, respectively                                                         1,092,345       1,210,684
    Treasury stock (151,272 shares at cost)                                          (1,617,457)     (1,617,457)
                                                                                   ------------    ------------
        Total stockholders' equity                                                   19,300,333      19,070,940

Total Liabilities and Stockholders' Equity                                         $ 86,754,316    $ 83,321,201
                                                                                   ============    ============
</TABLE>

                                       3
<PAGE>

CONSOLIDATED STATEMENTS OF INCOME
EUREKA FINANCIAL CORP.

<TABLE>
<CAPTION>
                                Three Months Ended June 30,          Nine Months Ended June 30,
                                       (Unaudited)                        (Unaudited)
                                     2004         2003                  2004         2003
                                 ----------   ----------            ----------   ----------
<S>                            <C>          <C>                   <C>          <C>
Interest Income
    Loans                        $  903,478   $  890,469            $2,685,785   $2,742,268
    Investment securities           242,561      219,319               748,794      663,307
    Mortgage-backed securities       14,387       30,018                51,002      103,528
                                 ----------   ----------            ----------   ----------

    Total interest income         1,160,426    1,139,806             3,485,581    3,509,103

Interest Expense
    Deposits                        356,557      393,090             1,091,281    1,216,322
    FHLB advances                    14,055       14,054                42,318       42,163
    Other                              --          1,004                   614        4,465
                                 ----------   ----------            ----------   ----------

    Total interest expense          370,612      408,148             1,134,213    1,262,950
                                 ----------   ----------            ----------   ----------

Net Interest Income                 789,814      731,658             2,351,368    2,246,153

Provision for Loan Losses            15,000            0                45,000            0
                                 ----------   ----------            ----------   ----------

Net Interest Income after
  Provision for Loan Losses         774,814      731,658             2,306,368    2,246,153

Other Income                         48,328       25,591               115,746       80,189

Other Expenses
  Salaries and benefits             319,018      293,291               934,016      832,750
  Occupancy expense                  53,823       57,085               156,471      158,747
  Computer expense                   30,958       27,484                84,632       81,026
  Legal and accounting               27,920       33,102               103,876      121,205
  ESOP Contribution                   9,597       73,569               126,984      155,789
  Other                              80,499       69,556               246,098      221,114
                                 ----------   ----------            ----------   ----------

  Total other expenses              521,815      554,087             1,652,077    1,570,631
                                 ----------   ----------            ----------   ----------

Income Before Income Taxes          301,327      203,162               770,037      755,711

Provision for Income Taxes           57,442       31,474               140,582      145,301
                                 ----------   ----------            ----------   ----------

Net Income                       $  243,885   $  171,688            $  629,455   $  610,410
                                 ==========   ==========            ==========   ==========

Basic Earnings Per Share         $     0.20   $     0.14            $     0.51   $     0.50
                                 ==========   ==========            ==========   ==========
Diluted Earnings Per Share       $     0.19   $     0.13            $     0.49   $     0.48
                                 ==========   ==========            ==========   ==========
</TABLE>

                                        4

<PAGE>
CONSOLIDATED STATEMENTS OF CASH FLOWS
EUREKA FINANCIAL CORP.

<TABLE>
<CAPTION>
                                                                         Nine Months Ended June 30,
                                                                                (Unaudited)
                                                                             2004            2003
                                                                        ------------    ------------
<S>                                                                   <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net income                                                              $    629,455    $    610,410
Adjustments to reconcile net cash from operating activities:
    Unearned ESOP shares                                                     210,171         259,927
    Compensation expense related to RSOP                                      28,497          28,498
    Depreciation                                                              76,851          74,797
    Provision for loan loss                                                   45,000               0
    Net accretion/amortization of discounts and premiums on
     mortgage-backed and investment securities                                (5,599)        (51,427)
    Unamortized loan fees and costs                                            3,943         (34,864)
Increase/(decrease) in cash due to changes in assets and liabilities:
    Other assets                                                            (154,925)        (65,870)
    Other liabilities                                                        182,448         (35,584)
                                                                        ------------    ------------
  Net Cash from Operating Activities                                       1,015,841         785,887

CASH FLOWS FROM INVESTING ACTIVITIES
  Proceeds from maturities and redemption of securities
   held-to-maturity                                                        1,335,000       1,015,000
  Net proceeds from redemption of FHLB stock                                  28,300          69,700
  Purchase of securities held-to-maturity                                 (2,830,012)     (1,250,000)
  Purchase of securities available-for-sale                                        0        (990,000)
  Net increase in loans made to customers                                 (4,309,877)        411,144
  Net commercial leases (originated)/repaid                               (1,917,025)      1,527,936
  Net paydowns in mortgage-backed securities                                 485,000         892,729
  Premises and equipment expenditures                                        (22,762)        (18,928)
                                                                        ------------    ------------
  Net Cash Used by Investing Activities                                   (7,231,376)      1,657,581

CASH FLOWS FROM FINANCING ACTIVITIES
  Net increase (decrease) in deposit accounts                              3,135,743       1,914,802
  Net increase (decrease) in advances from borrowers
   for taxes and insurance                                                   (13,250)         51,120
  Repayment of ESOP loan                                                     (40,258)       (105,057)
  Reissuance of treasury stock                                                     0          14,781
  Payment of dividends                                                      (520,391)       (390,212)
                                                                        ------------    ------------
  Net Cash from Financing Activities                                       2,561,844       1,485,434
                                                                        ------------    ------------

Net Change in Cash and Cash Equivalents                                   (3,653,691)      3,928,902

Cash and Cash Equivalents at Beginning of Period                           8,837,373       8,648,435
                                                                        ------------    ------------

Cash and Cash Equivalents at End of Period                              $  5,183,682    $ 12,577,337
                                                                        ============    ============

SUPPLEMENTAL CASH FLOW DISCLOSURE
      Cash paid during the period for:

      Interest on deposits and borrowings                               $  1,144,935    $  1,279,073
                                                                        ============    ============
      Income taxes                                                      $    139,435    $    188,967
                                                                        ============    ============
</TABLE>
                                       5
<PAGE>

                             EUREKA FINANCIAL CORP.
                     NOTES TO UNAUDITED FINANCIAL STATEMENTS

NOTE A -  BASIS OF PRESENTATION

The accompanying  unaudited consolidated financial statements have been prepared
in  accordance  with the  instructions  to Form  10-QSB and,  therefore,  do not
necessarily  include all information that would be included in audited financial
statements. The information furnished reflects all adjustments which are, in the
opinion of  management,  necessary  for a fair  presentation  of the  results of
operations.  All such adjustments are of a normal recurring nature.  The results
of  operations  for the nine months  ended June 30,  2004,  are not  necessarily
indicative  of the results to be expected for the year ended  September 30, 2004
or any other interim period. The interim  consolidated  financial statements and
the following  discussion  should be read in conjunction  with the  consolidated
financial  statements and footnotes thereto included in Eureka Financial Corp.'s
(the "Company") Annual Report on Form 10-KSB for the fiscal year ended September
30, 2003.

Prior  period   accounts  were   reclassified   to  conform  to  current  period
classifications.

NOTE B - COMPREHENSIVE INCOME

For the three months ended June 30, 2004 and 2003,  comprehensive  (loss) income
totaled  $(350,653) and $113,456,  respectively.  For the nine months ended June
30,  2004  and  2003,   comprehensive  income  totaled  $511,116  and  $516,581,
respectively.

NOTE C - AVAILABLE FOR SALE SECURITIES

The securities available for sale consisted of the following:


                                     June 30, 2004
                                     -------------

                                  Gross         Gross
                   Amortized    Unrealized    Unrealized     Market
                       Cost       Gains         Losses       Value
                       ----       -----         ------       -----

FHLMC preferred
 Stock             8,585,896       33,903     (768,000)    7,851,799

FNMA preferred
 Stock             1,500,000           --     (284,700)    1,215,300

FHLMC voting
 common Stock         41,266    2,626,449           --     2,667,715
                  ----------    ---------   ----------     ---------

  Totals:         10,127,162    2,660,352   (1,052,700)   11,734,814
                  ==========    =========   ==========    ==========


                                        6

<PAGE>

The mortgage-backed securities available for sale consisted of the following:

                                     June 30, 2004
                                     -------------

                                  Gross         Gross
                   Amortized    Unrealized    Unrealized     Market
                       Cost       Gains         Losses       Value
                       ----       -----         ------       -----

GNMA certificates      1,059         21             --        1,080

FHLMC certificates   130,784      9,814             --      140,598

FNMA certificates    668,313     37,583             --      705,896
                     -------     ------         ------      -------
 Totals:             800,156     47,418             --      847,574
                     =======     ======         ======      =======



NOTE D - EARNINGS PER SHARE

Earnings per share are  computed by dividing net income by the weighted  average
number of common  shares and common  stock  equivalents  outstanding  during the
period.  Weighted  average shares  outstanding for the three month periods ended
June 30, 2004, and 2003, were 1,226,538 and 1,231,636, respectively, and for the
nine month periods ended June 30, 2004 and 2003,  were  1,224,498 and 1,227,311,
respectively.  For periods  ended June 30,  2003,  shares do not  include  5,675
shares of Bank Common  Stock  purchased  and held by the Bank's  employee  stock
ownership plan ("ESOP") that were unallocated during those periods in accordance
with SOP 93-6 "Employers Accounting for Employee Stock Ownership Plans" and SFAS
128 "Earnings Per Share".

                                        7

<PAGE>

MANAGEMENT'S  DISCUSSION  AND  ANALYSIS OF  FINANCIAL  CONDITION  AND RESULTS OF
OPERATIONS

GENERAL

         The Private  Securities  Litigation  Reform Act of 1995  contains  safe
harbor  provisions  regarding  forward-looking  statements.  When  used  in this
discussion, the words "believes", "anticipates",  "contemplates", "expects", and
similar expressions are intended to identify  forward-looking  statements.  Such
statements  are  subject to certain  risks and  uncertainties  which could cause
actual  results to differ  materially  from  those  projected.  Those  risks and
uncertainties  include  changes in interest  rates,  risks  associated  with the
ability to control costs and expenses,  and general economic conditions.  Eureka
Financial Corp.  undertakes no obligation to publicly release the results of any
revisions  to those  forward-looking  statements  which  may be made to  reflect
events or  circumstances  after the date hereof or to reflect the  occurrence of
unanticipated events.

         Eureka Financial Corp. (the "Company") is in the mutual holding ("MHC")
form of  organization.  The Company has outstanding  1,226,538  shares of common
stock,  of which 496,299 are owned by public  stockholders  and the remainder of
which  are  held by the  mutual  holding  company.  The  Company's  business  is
conducted  primarily  through  its  wholly-owned  subsidiary,  Eureka Bank ("the
Bank").  All references to the Company refer collectively to the Company and the
Bank.

CHANGES IN FINANCIAL CONDITION

          At June  30,  2004,  the  Company's  assets  increased  $3,433,000  to
$86,754,000   from  $83,321,000  at  September  30,  2003.  At  June  30,  2004,
interest-bearing  deposits in banks  decreased by $3,744,000 from the comparable
classification  at September 30, 2003.  Also,  at June 30, 2004  mortgage-backed
securities  decreased  by $517,000,  FHLB stock  decreased  $28,000,  securities
available-for-sale  decreased  by $142,000  and  premises  and  equipment,  net,
decreased by $54,000 from the  comparable  amounts at September 30, 2003.  These
decreases at June 30, 2004 were partially offset by an increase of $1,496,000 in
securities  held-to-maturity,  an  increase  of  $155,000  in other  assets,  an
increase of $90,000 in cash and due from banks and an increase of  $6,178,000 in
loans  receivable,  net, from the comparable  amounts at September 30, 2003. The
decrease  in  interest-bearing  deposits  can  primarily  be  attributed  to the
increase in the loans receivable, net, as these funds were used to fund the loan
growth.

             At June 30, 2004, the Company's  total  liabilities  increased by a
total of  $3,204,000  from  September  30, 2003.  This  increase  was  primarily
attributed  to a  $3,136,000  growth in  deposit  accounts  and an  increase  of
$121,000 in other  liabilities  which was partially offset by a $40,000 decrease
in the ESOP debt and a $13,000 decrease in advances from borrowers for taxes and
insurance.

         At  June  30,  2004,   stockholders'   equity  increased   $229,000  to
$19,300,000  from  $19,071,000 at September 30, 2003. The increase was primarily
reflected  by an  increase of  $109,000  in  retained  earnings,  an increase of
$170,000  in  additional  paid-in-capital,  a decrease  of  $29,000 in  unearned
compensation  through the restricted stock plan and a decrease of $40,000 in the
unearned ESOP shares. There was also a decrease of $119,000 in accumulated other
comprehensive  income  resulting  from the  fluctuation  in market  value of the
Bank's   investment  in   available-for-sale   securities  and   mortgage-backed
securities. Because of interest rate volatility, accumulated other comprehensive
income and  stockholders'  equity could  materially  fluctuate  for each interim
period and year-end  period.  See Note C to the  unaudited  quarterly  financial
statements.  Although  net  income  for the nine  months  ended  June  30,  2004
increased  retained earnings by $244,000,  this increase was partially offset by
dividends paid to stockholders in the amount of $149,000.

                                        8
<PAGE>

RESULTS OF OPERATIONS

Net Income.  Net income  increased  $72,000 to $244,000 for the three months and
$19,000 to $629,000 for the nine months ended June 30, 2004,  from  $172,000 and
$610,000,  respectively,  for the comparable  2003 periods.  The increase in net
income  for the three and nine  month  periods  was  partially  attributable  to
decreases  in  interest  expense on  deposits  and  increases  in other  income,
partially offset by increases in the provision for loan losses.

Net Interest Income.  Net interest income increased  $58,000 to $790,000 for the
three months and $105,000 to $2,351,000 for the nine months ended June 30, 2004,
from $732,000 and  $2,246,000,  respectively,  for the comparable  2003 periods.
Higher net interest  income was primarily  due to decreases in interest  expense
over the comparable 2003 periods.

Interest Income.  Total interest income increased  $20,000 to $1,160,000 for the
three months and decreased  $23,000 to $3,486,000 for the nine months ended June
30,  2004 as  compared  to  $1,140,000  and  $3,509,000,  respectively,  for the
comparable  2003  periods.  The increase for the three month period but decrease
for the nine  month  period in total  interest  income was  primarily  due to an
increase in the three month  period but decrease in the nine month period in the
average  yield on  interest-earning  assets even  though the average  balance of
interest-earning assets increased. See "Average Balance Sheets" on page 10.

Interest  Expense.  Total interest expense decreased $37,000 to $371,000 for the
three months and $129,000 to $1,134,000 for the nine months ended June 30, 2004,
from $408,000 and $1,263,000, respectively, for the comparable 2003 periods. The
decrease in total interest  expense was primarily  related to a reduction in the
average  cost of funds  despite an increase in the average  balance of deposits.
See "Average Balance Sheets" on page 10.

Provision  for Loan Losses.  The  provision for loan losses for the three months
and nine months  ended June 30,  2004,  was  $15,000  and $45,000  respectively,
compared to $0 and $0, respectively, for the comparable 2003 periods. Management
regularly  performs an analysis to identify  the  inherent  risks of loss in its
loan portfolio.  This analysis includes evaluations of concentrations of credit,
past loss experience, current economic conditions, amount and composition of the
loan portfolio  (including  loans being  specifically  monitored by management),
estimated fair value of underlying  collateral,  loan  commitments  outstanding,
delinquencies and other information available at such time. However, there is no
assurance that further additions will not be made to the allowance and that such
losses will not exceed the estimated amounts.

Other Expense.  Total non-interest  expense decreased by $32,000 to $522,000 for
the three months and increased  $81,000 to $1,652,000  for the nine months ended
June 30, 2004,  from $554,000 and $1,571,000,  respectively,  for the comparable
2003 periods.  ESOP  contribution  expense  decreased $64,000 to $10,000 for the
three  months and $29,000 to $127,000  for the nine months  ended June 30, 2004,
from $74,000 and $156,000,  respectively, for the comparable 2003 periods due to
the payoff of the ESOP loan.  Salaries  and benefits  increased  $26,000 for the
three  months and  $101,000  for the nine  months  ended June 30,  2004,  due to
contributions  to the  pension  plan  and  expenses  related  to  normal  salary
increases  and  increased  expenses  associated  with benefit  plans.  Legal and
accounting expenses decreased $5,000 to $28,000 for the three months and $17,000
to $104,000 for the nine months  ended June 30, 2004,  from $33,000 and $121,000
for the comparable 2003 periods.  Other expense increased $10,000 to $80,000 for
the three  months and  $25,000 to $246,000  for the nine  months  ended June 30,
2004, from $70,000 and $221,000 for the comparable 2003 periods. These increases
can  be  attributed  primarily  to  nominal  increases  associated  with  normal
operating expenses.

                                        9
<PAGE>

EUREKA FINANCIAL CORP.
AVERAGE BALANCE SHEETS
JUNE 30, 2004 AND 2003

<TABLE>
<CAPTION>

                                                                       For the Three Months Ended June 30,
                                                                 --------------------------------------------------------
                                     At June 30, 2004                     2004                          2003
                                  -----------------------        -------------------------    ---------------------------

                                                 Actual                            Average                      Average
                                   Actual        Yield/          Average           Yield/      Average           Yield/
                                   Balance        Cost           Balance Interest  Cost        Balance  Interest  Cost
                                  ----------    ---------        -------------------------    ---------------------------
                                      (Dollars in thousands)
<S>                                <C>            <C>           <C>        <C>     <C>         <C>         <C>    <C>
Interest-earning assets:
Loans receivable                    $59,466        6.13%         $58,578    $904    6.17%       $51,508     $890   6.91%
Investment securities                24,610        4.33%          24,557     257    4.19%        27,168      250   3.68%
                                  ----------                     ----------------             -------------------
     Total interest-earning assets   84,076        5.60%          83,135   1,161    5.59%        78,676    1,140   5.80%
                                                                         --------                       ---------
Non-interest earning assets           2,678                        2,437                          2,063
                                  ----------                     --------                     ----------
        Total Assets                $86,754                      $85,572                        $80,739
                                  ==========                     ========                     ==========
Interest-bearing liabilities:
  Interest-bearing deposits:
     NOW accounts                    $5,789        1.25%          $4,897      14    1.14%        $4,091       15   1.47%
     Passbook and club accounts      21,234        1.77%          20,860      91    1.74%        19,244       96   2.00%
     IRA accounts                     2,940        3.81%           2,908      28    3.85%         2,532       27   4.27%
     Certificates of deposit         33,262        2.77%          32,838     223    2.72%        30,897      255   3.30%
     Other liabilities                1,000        5.56%           1,000      14    5.60%         1,083       15   5.54%
                                  ----------                     ----------------             -------------------
     Total interest-bearing
       liabilities                   64,225        2.39%          62,503     370    2.37%        57,847      408   2.82%
                                                                         --------                       ---------
Non-interest-bearing liabilities      3,229                        3,507                          3,428
                                  ----------                     --------                     ----------
        Total Liabilities            67,454                       66,010                         61,275
Retained earnings                    19,300                       19,562                         19,464
                                  ----------                     --------                     ----------
        Total Liabilities and
           Retained Earnings        $86,754                      $85,572                        $80,739
                                  ==========                     ========                     ==========

Net interest income                                                         $791                            $732
                                                                         ========                       =========
Interest rate spread                                                                3.22%                          2.97%
                                                                                 =========                       ========
Net yield on interest-earning assets                                                3.81%                          3.72%
                                                                                 =========                       ========
Ratio of average interest-earning assets to
       average interest-bearing liabilities                                       133.01%                        136.01%
                                                                                 =========                       ========
</TABLE>

<TABLE>
<CAPTION>

                                              For the Nine Months Ended June 30,
                                    ------------------------------------------------------
                                             2004                         2003
                                    -------------------------    -------------------------

                                                     Average                      Average
                                    Average          Yield/      Average          Yield/
                                    Balance Interest  Cost       Balance Interest  Cost
                                    -------------------------    -------------------------

<S>                                <C>       <C>      <C>       <C>       <C>      <C>
Interest-earning assets:
Loans receivable                    $56,680   $2,686   6.32%     $52,103   $2,742   7.02%
Investment securities                24,868      800   4.29%      25,451      767   4.02%
                                    -----------------            -----------------
     Total interest-earning assets   81,548    3,486   5.70%      77,554    3,509   6.03%
                                            ---------                    ---------
Non-interest earning assets           2,407                        2,099
                                    --------                     --------
        Total Assets                $83,955                      $79,653
                                    ========                     ========
Interest-bearing liabilities:
  Interest-bearing deposits:
     NOW accounts                    $4,395       39   1.18%      $4,394       49   1.49%
     Passbook and club accounts      20,308      266   1.75%      18,544      281   2.02%
     IRA accounts                     2,809       84   3.99%       2,433       84   4.60%
     Certificates of deposit         32,728      702   2.86%      30,171      802   3.54%
     Other liabilities                1,017       43   5.64%       1,126       47   5.57%
                                    -----------------            -----------------
     Total interest-bearing
       liabilities                   61,257    1,134   2.47%      56,668    1,263   2.97%
                                            ---------                    ---------
Non-interest-bearing liabilities      3,336                        3,626
                                   --------                     --------
        Total Liabilities            64,593                       60,294
Retained earnings                    19,362                       19,359
                                   --------                     --------
        Total Liabilities and
           Retained Earnings        $83,955                      $79,653
                                   ========                     ========

Net interest income                           $2,352                       $2,246
                                            =========                    =========
Interest rate spread                                   3.22%                        2.97%
                                                    =========                    ========
Net yield on interest-earning assets                   3.81%                        3.72%
                                                    =========                    ========
Ratio of average interest-earning assets to
          average interest-bearing liabilities       133.01%                      136.01%
                                                    =========                    ========
</TABLE>


                                       10
<PAGE>


THE COMPANY EXCEEDED ALL OF ITS CAPITAL REQUIREMENTS AT JUNE 30, 2004.

THE COMPANY HAD THE  FOLLOWING CAPITAL RATIOS AT JUNE 30, 2004:

<TABLE>
<CAPTION>
                                                      For Capital          Categorized as
                                 Actual            Adequacy Purposes      "WellCapitalized"
                                 ------            -----------------      -----------------
                           Amount       Ratio      Amount     Ratio      Amount      Ratio
                           ------       -----      ------     -----      ------      -----
<S>                      <C>          <C>       <C>          <C>      <C>          <C>
As of June 30, 2004:

Total Capital
   (To risk weighted
     assets)               $19,311      32.32%    $ 4,780      8.00%    $ 5,975      10.00%

Tier I Capital
   (To risk weighted
     assets)               $18,100      30.29%    $ 2,390      4.00%    $ 3,585       6.00%

Tier I Capital
  (To total assets)        $18,100      20.85%    $ 2,604      3.00%    $ 4,341       5.00%

Tangible Capital
   (To total assets)       $18,100      20.85%    $ 1,302      1.50%    $ 4,341       5.00%

</TABLE>

CONTROLS AND PROCEDURES

(a) Evaluation of disclosure controls and procedures.  Based on their evaluation
    ------------------------------------------------
of the  Company's  disclosure  controls  and  procedures  (as  defined  in  Rule
13a-15(e) under the Securities  Exchange Act of 1934 (the "Exchange Act")),  the
Company's  principal  executive  officer and  principal  financial  officer have
concluded that as of the end of the period  covered by this Quarterly  Report on
Form 10-QSB such disclosure controls and procedures are effective to ensure that
information  required to be disclosed by the Company in reports that it files or
submits under the Exchange Act is recorded,  processed,  summarized and reported
within the time periods  specified in Securities and Exchange  Commission  rules
and forms.

(b) Changes in internal controls.  During the quarter under report, there was no
    ----------------------------
change in the  Company's  internal  control over  financial  reporting  that has
materially affected, or is reasonable likely to materially affect, the Company's
internal control over financial reporting.



                                       11

<PAGE>

Part II OTHER INFORMATION
-------------------------

Item 1.  Legal Proceedings

         From  time to  time,  the  Company  may be a  party  to  various  legal
         proceedings  incident to its business.  At June 30, 2004, there were no
         legal  proceedings to which the Company was a party, or to which any of
         their property was subject, which were expected by management to result
         in a material loss.

Item 2.  Changes in Securities  and Small  Business  Issuer  Purchases of Equity
         Securities

         Not Applicable

Item 3.  Defaults Upon Senior Securities

         Not Applicable

Item 4.  Submission of Matters to a Vote of Security Holders

         Not Applicable

Item 5.  Other Information

         Not Applicable

Item 6.  Exhibits and Reports on Form 8-K

          (a)  Exhibits

              3(i)   Articles of Incorporation* 3(ii) Bylaws*
              10(ii) Eureka Financial Corp. 1999 Stock Option Plan **
              10(ii) Eureka Bank 1999 Restricted Stock Plan **
              31     Certifications  pursuant to Section 302 of the
                       Sarbanes-Oxley Act of 2002
              32     Certification  pursuant to Section 906 of the
                       Sarbanes-Oxley Act of 2002

          -------------------------
          *    Incorporated by reference to the identically  numbered Exhibit on
               Form 8-K12G3 filed on April 1, 2003.
          **   Incorporated by reference from Registration Statement on Form S-8
               filed June 24, 2003.

          (b)  Reports on Form 8-K

               (i)  During the quarter  under  report,  the Company filed a Form
                    8-K dated April 30, 2004 announcing earnings for the quarter
                    ended March 31, 2004. (Items 7 and 12)



                                       12
<PAGE>

                                   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, thereunto duly authorized.

                                   EUREKA FINANCIAL CORP.



Date:  August 13, 2004             By:  /s/Edward F. Seserko
                                        -------------------------------------
                                        Edward F. Seserko
                                        President and Chief Executive Officer




Date:  August 13, 2004             By:  /s/Gary B. Pepper
                                        -------------------------------------
                                        Gary B. Pepper
                                        Executive Vice President and Chief
                                        Financial Officer

                                       13