QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

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

                                    FORM 10-Q

                                  -------------


             [X] Quarterly Report Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934
                       For the period ended June 30, 2002

                                       or

             [ ] Transition Report Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934
                  For the transition period from _____to _____


                                  ------------


                         Commission file number 2-78658


                          INTRUST Financial Corporation
                          -----------------------------
             (Exact name of registrant as specified in its charter)


       Kansas                                     48-0937376
       ------                                     ----------
       (State or other jurisdiction of            (I.R.S. Employer
       incorporation or organization)             Identification Number)



       105 North Main Street
       Box One
       Wichita, Kansas                            67201
       ---------------                            -----
       (Address of principal                      (Zip Code)
       executive offices)

       Registrant's telephone number including area code: (316) 383-1111

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 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 [ ]

At July 22, 2002, there were 2,336,762 shares of the registrant's common stock,
par value $5 per share, outstanding.


<PAGE>


                          Part 1. Financial Information

                          INTRUST Financial Corporation
            Consolidated Condensed Statements of Financial Condition
            (Unaudited - dollars in thousands except per share data)

                                                        June 30,    December 31,
Assets                                                    2002          2001
--------------------------------------------------------------------------------
Cash and cash equivalents:
   Cash and due from banks                             $  103,695    $  159,708
    Federal funds sold                                     29,560        78,300
--------------------------------------------------------------------------------
        Total cash and cash equivalents                   133,255       238,008
--------------------------------------------------------------------------------
Investment securities:
   Held-to-maturity (fair value, $23,073 for 2002
     and $30,106 for 2001)                                 22,857        29,538
   Available-for-sale, at fair value                      444,316       417,738
--------------------------------------------------------------------------------
        Total investment securities                       467,173       447,276
--------------------------------------------------------------------------------
Loans held-for-sale                                         1,576         4,876
Loans, net of allowance for loan losses of $30,131
  in 2002 and $25,904 in 2001                           1,777,878     1,743,838
Land, buildings and equipment, net                         47,212        47,794
Intangible assets                                          26,141        27,135
Other assets                                               41,593        46,570
--------------------------------------------------------------------------------
      Total assets                                     $2,494,828    $2,555,497
-------------------------------------------------------=========================

Liabilities and Stockholders' Equity
--------------------------------------------------------------------------------
   Deposits                                            $1,908,117    $1,969,137
   Short-term borrowings:
      Federal funds purchased and securities sold
        under agreements to repurchase                    288,860       289,991
      Other                                                 9,040         9,357
--------------------------------------------------------------------------------
        Total short-term borrowings                       297,900       299,348
--------------------------------------------------------------------------------

   Accounts payable and accrued liabilities                28,465        35,766
   Notes payable                                            5,000         5,000
   Guaranteed preferred beneficial interests in the
       Company's subordinated debentures                   57,500        57,500
--------------------------------------------------------------------------------
          Total liabilities                             2,296,982     2,366,751
--------------------------------------------------------------------------------

Stockholders' equity:
   Common stock, $5 par value; 10,000,000 shares
     authorized, 2,783,650 shares issued
     in 2002 and 2001                                      13,918        13,918
   Capital surplus                                         21,725        21,725
   Retained earnings                                      202,551       193,675
   Treasury stock, at cost (444,722 shares in 2002
     and 440,466 shares in 2001)                          (43,561)      (43,002)
   Accumulated other comprehensive income, net of tax       3,213         2,430
--------------------------------------------------------------------------------
          Total stockholders' equity                      197,846       188,746
--------------------------------------------------------------------------------
      Total liabilities and stockholders' equity       $2,494,828    $2,555,497
-------------------------------------------------------=========================

The  accompanying  notes are an integral  part of these  consolidated  financial
statements.

<PAGE>

                          INTRUST Financial Corporation
      Consolidated Condensed Statements of Income and Comprehensive Income
            (Unaudited - dollars in thousands except per share data)

                                            Three Months Ended  Six Months Ended
                                                 June 30,           June 30,
                                            ------------------------------------
                                              2002     2001      2002     2001
--------------------------------------------------------------------------------
Interest income:
  Loans                                     $28,620  $36,696    $56,663  $75,773
  Investment securities                       5,620    6,722     11,163   13,552
  Federal funds sold and other                  235      566        628    1,011
--------------------------------------------------------------------------------
      Total interest income                  34,475   43,984     68,454   90,336
--------------------------------------------------------------------------------
Interest expense:
  Deposits                                    9,264   15,992     19,233   32,284
  Federal funds purchased and securities
    sold under agreement to repurchase          660    2,812      1,442    6,870
  Subordinated debentures                     1,184    1,185      2,369    2,369
  Other borrowings                               58      226        120      507
--------------------------------------------------------------------------------
      Total interest expense                 11,166   20,215     23,164   42,030
--------------------------------------------------------------------------------
      Net interest income                    23,309   23,769     45,290   48,306
Provision for loan losses                     2,500    2,920      5,500    5,590
--------------------------------------------------------------------------------
      Net interest income after provision
        for loan losses                      20,809   20,849     39,790   42,716
--------------------------------------------------------------------------------
Noninterest income:
  Service charges on deposit accounts         4,779    4,576      9,453    8,255
  Fiduciary income                            2,897    3,113      5,793    6,096
  Credit card fees                            1,978    3,037      4,155    5,874
  Other service charges, fees and income      3,978    3,712      8,116    7,296
--------------------------------------------------------------------------------
      Total noninterest income               13,632   14,438     27,517   27,521
--------------------------------------------------------------------------------
Noninterest expense:
  Salaries and employee benefits             11,952   12,279     23,894   23,968
  Net occupancy and equipment expense         3,368    3,328      6,533    6,579
  Professional services                       2,041      750      3,771    1,542
  Data processing expense                     1,422    1,295      2,667    2,718
  Advertising and promotional activities        908    1,159      1,872    2,211
  Postage and dispatch                          571      650      1,175    1,410
  Supplies                                      465      635      1,041    1,311
  Goodwill amortization                         268      594        533    1,204
  Intangible assets amortization                242      249        461      499
  Other                                       3,480    2,316      5,581    4,673
--------------------------------------------------------------------------------
      Total noninterest expense              24,717   23,255     47,528   46,115
--------------------------------------------------------------------------------
      Income before provision for
        income taxes                          9,724   12,032     19,779   24,122
Provision for income taxes                    3,555    4,657      7,157    9,357
--------------------------------------------------------------------------------
      Net income                              6,169    7,375     12,622   14,765
Other comprehensive income (loss) -
  unrealized gains (losses) on securities     2,698     (338)       783    1,338
--------------------------------------------------------------------------------
      Comprehensive income                  $ 8,867  $ 7,037    $13,405  $16,103
---------------------------------------------===================================
Per share data:
  Basic earnings per share                    $2.64    $3.15      $5.39    $6.29
---------------------------------------------===================================
  Diluted earnings per share                  $2.61    $3.11      $5.34    $6.23
---------------------------------------------===================================
  Cash dividends                              $0.80    $0.80      $1.60    $1.60
---------------------------------------------===================================

The accompanying notes are an integral part of these consolidated financial
statements.

<PAGE>


                          INTRUST Financial Corporation
                 Consolidated Condensed Statements of Cash Flows
                      (Unaudited - in thousands of dollars)

                                                             Six Months Ended
                                                                  June 30,
                                                          ----------------------
                                                             2002        2001
--------------------------------------------------------------------------------
Cash provided (absorbed) by operating activities:
Net Income                                                $  12,622   $  14,765
Adjustments to reconcile net income to net cash provided
  by operating activities:
   Provision for loan losses                                  5,500       5,590
   Provision for depreciation and amortization                4,540       4,891
   Amortization of premium and accretion of discount on
         investment securities                                  939      (1,996)
   Originations of loans held-for-sale                      (39,584)    (33,926)
   Proceeds from sales of loans held-for-sale                42,884      33,195
   Changes in assets and liabilities:
    Prepaid expenses and other assets                         1,370        (964)
    Income taxes                                             (5,440)      2,539
    Interest receivable                                         897      (1,062)
    Interest payable                                          2,864       2,897
    Other liabilities                                        (1,591)       (659)
    Other                                                       144          13
--------------------------------------------------------------------------------
     Net cash provided by operating activities               25,144      25,283
--------------------------------------------------------------------------------
Cash provided (absorbed) by investing activities:
   Purchase of investment securities                       (162,914)   (326,184)
   Investment securities matured or called                  141,943     340,210
   Proceeds from sale of investment securities
     available-for-sale                                       1,440       2,335
   Net increase in loans                                    (41,384)    (65,111)
   Purchases of land, buildings and equipment                (2,564)     (4,387)
   Proceeds from sale of equipment                               16          26
   Proceeds from sale of other real estate
     and repossessions                                          723       1,156
   Other                                                       (385)       (100)
--------------------------------------------------------------------------------
     Net cash absorbed by investing activities              (63,124)    (52,055)
--------------------------------------------------------------------------------
Cash provided (absorbed) by financing activities:
   Net increase (decrease) in deposits                      (61,020)      6,784
   Net increase (decrease) in short-term borrowings          (1,448)      7,793
   Cash dividends                                            (3,746)     (3,758)
   Purchase of treasury stock                                  (559)     (1,159)
--------------------------------------------------------------------------------
     Net cash provided (absorbed)
      by financing activities                               (66,773)      9,660
--------------------------------------------------------------------------------

       Decrease in cash and cash equivalents               (104,753)    (17,112)

Cash and cash equivalents at beginning of period            238,008     132,535
--------------------------------------------------------------------------------

Cash and cash equivalents at end of period                $ 133,255   $ 115,423
----------------------------------------------------------======================

Supplemental disclosures
   Interest paid                                            $20,300     $39,133
   Income tax paid                                          $12,597     $ 6,818

The accompanying notes are an integral part of these consolidated financial
statements.

<PAGE>


                          INTRUST Financial Corporation
              Notes to Consolidated Condensed Financial Statements
                                   (Unaudited)




1.  Principles of Consolidation and Presentation
    --------------------------------------------

The  accompanying   consolidated  condensed  financial  statements  include  the
accounts of INTRUST  Financial  Corporation  and  subsidiaries.  All significant
intercompany  accounts and transactions have been eliminated.  In the opinion of
management,  the consolidated  condensed financial statements reflect all normal
recurring  adjustments  necessary  for a  fair  presentation  of  the  financial
position and results of operations for the periods presented.

The significant accounting policies followed in the preparation of the quarterly
financial  statements  are the  same as  those  disclosed  in the  2001  INTRUST
Financial  Corporation  Annual  Report on Form  10-K,  except  that the  Company
adopted Statement of Financial  Accounting  Standards ("SFAS") No. 142 "Goodwill
and Other  Intangible  Assets" as of January  1,  2002.  SFAS No. 142  generally
provides  that  goodwill  will no longer be  amortized,  but does  require  that
goodwill be assessed for impairment  (see footnote 5).  Reference is made to the
"Notes to Consolidated  Financial Statements" under Item 8 of the 2001 Form 10-K
for additional disclosure.


2.  Allowance for Loan Losses
    -------------------------

The  following is a summary of the  allowance for loan losses for the six months
ended June 30, 2002 and 2001 (in thousands of dollars):


                                                              2002        2001
   -----------------------------------------------------------------------------
   Balance, January 1                                        $25,904     $28,972
   Additions:
     Provision for loan losses                                 5,500       5,590
   -----------------------------------------------------------------------------
                                                              31,404      34,562
   Deductions:
     Loans charged off                                         5,483       4,524
     Less recoveries on loans
         previously charged off                                4,210       1,529
   -----------------------------------------------------------------------------
     Net loan losses                                           1,273       2,995
   -----------------------------------------------------------------------------
   Balance, June 30                                          $30,131     $31,567
   ----------------------------------------------------------===================
<PAGE>

The following table discloses information about the recorded investment in loans
that the Company has classified as impaired (in thousands of dollars):

              (A)              (B)                (C)              (D)
                     Amount in (A) for Which   Allowance    Amount in (A) for
             Total      There Is a Related     Associated   Which There Is No
           Impaired    Allowance for Loan     With Amounts  Related Allowance
 June 30     Loans          Losses               in (B)      for Loan Losses
--------   --------  -----------------------  ------------  -----------------
  2002      $10,518         $10,414              $6,106           $104
  2001      $11,586         $11,586              $3,890           $  0

The average recorded  investment in impaired loans for the six months ended June
30,  2002 and 2001,  was  $8,046,000  and  $11,570,000,  respectively.  Interest
payments  received on impaired  loans are  recorded  as interest  income  unless
collection  of the  remaining  recorded  investment  is doubtful,  at which time
payments  received  are  recorded as  reductions  of  principal.  Such amount of
interest income is not material to the Company's financial statements.


3.  Earnings Per Share Calculations
    -------------------------------

Basic earnings per share is computed  based upon the weighted  average number of
shares  outstanding.  Diluted  earnings per share includes  shares issuable upon
exercise of stock options.  The following is a reconciliation  of the numerators
and denominators of basic and diluted earnings per share:

                                                              Six Months Ended
                                                                   June 30,
--------------------------------------------------------------------------------
                                                               2002        2001
--------------------------------------------------------------------------------

Net income for earnings per share (in thousands of dollars)   $12,622    $14,765
------------------------------------------------------------====================

Weighted average shares for basic earnings per share        2,340,234  2,346,602
Shares issuable upon exercise of stock options                 21,463     22,854
--------------------------------------------------------------------------------
Weighted average shares for diluted earnings per share      2,361,697  2,369,456
------------------------------------------------------------====================

<PAGE>

4.  Segment Reporting
    -----------------

Listed below is a presentation  of revenues and profits for all segments.  Taxes
are  not  allocated  to  segment  operations,  and  the  Company  did  not  have
discontinued  operations,  extraordinary  items or accounting changes for any of
the segments.  There has been no material change in the measurement of profit or
loss since the last annual report. However, as a result of merging the Company's
Oklahoma  subsidiary,  Will Rogers Bank,  into  INTRUST  Bank,  N. A.,  Oklahoma
operations  that were previously  reported in the community  banking segment are
now allocated to remaining  segments and the  corporate  nonsegment  level.  The
community banking segment has, therefore, been eliminated. The following segment
information, for 2001, has been restated to reflect this change.

                                          Three Months Ended   Six Months Ended
                                               June 30,            June 30,
                                          --------------------------------------
 (in thousands of dollars)                  2002      2001      2002      2001
 -------------------------------------------------------------------------------
 Revenues from external customers
    Consumer banking                      $20,127   $20,799   $39,653   $41,737
    Commercial banking                     14,185    13,534    27,922    26,533
    Wealth management                       3,782     3,856     7,590     7,565

 Intercompany revenues
    Consumer banking                      $   (46)  $   (22)  $   (80)  $   (38)
    Commercial banking                          0         0         0         0
    Wealth management                         139       126       269       257

 Segment profit
    Consumer banking                      $ 2,623   $ 4,773   $ 5,800   $ 9,857
    Commercial banking                      9,142     7,753    17,402    15,449
    Wealth management                         276       541       479       957
 -------------------------------------------------------------------------------
       Profit from segments                12,041    13,067    23,681    26,263
       Expenses at corporate level not
         allocated to segments             (2,317)   (1,035)   (3,902)   (2,141)
 -------------------------------------------------------------------------------
       Consolidated income before
         provision for income tax         $ 9,724   $12,032   $19,779   $24,122
 -----------------------------------------======================================


5.  Intangible Assets
    -----------------

At June  30,  2002  the  company  had  recorded  intangible  asset  balances  of
$26,141,000 on its statement of financial condition. This amount is comprised of
the following components:

SFAS No. 72 goodwill                                                 $12,221,000
Other goodwill                                                         8,390,000
Credit card royalty costs                                              5,530,000
--------------------------------------------------------------------------------
                                                                     $26,141,000
---------------------------------------------------------------------===========
<PAGE>

SFAS No.72 goodwill  primarily  represents excess purchase price incurred in the
company's  acquisition of certain branches of another  financial  institution in
September  1999. In accordance  with the provisions of SFAS No. 142 and SFAS No.
72, the company continues to amortize this goodwill over a fifteen-year  period.
Approximately  $4,800,000  of the SFAS No. 72  goodwill  is assigned to branches
that are presently being marketed by the Company - see footnote 6. This goodwill
will be considered as part of the carrying cost of net assets in determining the
gain or loss on  disposition  of the  branches  if and when these  branches  are
ultimately sold.

The credit card royalty costs represent  advance payments made by the Company to
certain  affinity groups in order to obtain  exclusive  marketing  rights to the
members  of those  groups  for an  extended  period  of time.  These  costs  are
amortized over the life of the contract.

The other goodwill amount of $8,390,000  represents  goodwill  acquired in prior
purchase  business   combinations.   This  goodwill  is  subject  to  impairment
evaluation  in  accordance  with the  provisions  of SFAS No.  142.  The Company
performed this  assessment in the first quarter of 2002.  The Company  evaluated
the $8,390,000 of goodwill and has determined that no impairment loss existed at
June 30, 2002.

SFAS No. 142 requires  that goodwill be pushed down to each  reporting  unit for
purposes of impairment valuation.  The Company has determined that its operating
segments  constitute  its  reporting  units.  The  consumer  banking  segment is
comprised of the Company's  retail  branches,  consumer  lending and credit card
operations.  The  commercial  banking  segment  consists  of those  areas of the
Company that provide  commercial  lending services and other commercial  banking
products.  The wealth  management  segment provides  personal and  institutional
trust and  support  services.  After  performing  the  initial  analysis  of the
expected  cash  flows  from  each of the  reporting  units and  comparing  these
expected cash flows to the amount of goodwill  subject to impairment  valuation,
the Company  believes that  allocating  goodwill among its three reporting units
will not enhance the analysis of financial information and related disclosures.

The Financial  Accounting  Standards Board ("FASB") presently has a narrow scope
project underway to review the accounting  treatment associated with SFAS No. 72
goodwill.  On May 10, 2002,  the FASB issued an exposure  draft on this subject.
The proposed  Statement  would amend FASB Statements No. 72 and No. 144 and FASB
Interpretation  No. 9. Should the guidance  contained  in the exposure  draft be
incorporated  in a new Statement,  the Company does not anticipate that adoption
of that  Statement  would have a  material  impact on the  Company's  results of
operations or its financial condition.

                                                         As of June 30, 2002
                                                    Gross Carrying  Accumulated
(in thousands of dollars)                               Amount      Amortization
--------------------------------------------------------------------------------
Amortized Intangible Assets
   Credit card royalty costs                           $ 9,392         $3,862
   SFAS No. 72 goodwill                                 15,438          3,217
--------------------------------------------------------------------------------
   Total                                               $24,830         $7,079
----------------------------------------------------============================

Aggregate Amortization Expense:
   For the period ended June 30, 2002                                    $994

Estimated Amortization Expense:
   For the year ended December 31, 2002                                $1,989
   For the year ended December 31, 2003                                $1,936
   For the year ended December 31, 2004                                $1,881
   For the year ended December 31, 2005                                $1,793
   For the year ended December 31, 2006                                $1,685
   For the year ended December 31, 2007                                $1,618

Goodwill
The  carrying  amount  of  goodwill  for  the  period  ended  June  30,  2002 is
$8,390,000.  There were no changes in the carrying amount of goodwill during the
six-month period ended June 30, 2002.

Goodwill - Adoption of Statement 142
                                           Three Months Ended   Six Months Ended
(dollars in thousands                            June 30,           June 30,
 except per share data)                       2002     2001      2002      2001
--------------------------------------------------------------------------------
Net income                                   $6,169   $7,375   $12,622   $14,765
Add back goodwill amortization                 ---       329      ---        655
--------------------------------------------------------------------------------
Adjusted net income                          $6,169   $7,704   $12,622   $15,420
-------------------------------------------=====================================

Basic earnings per share:
Net income                                    $2.64    $3.15     $5.39     $6.29
Goodwill amortization                          ---       .14      ---        .28
--------------------------------------------------------------------------------
Adjusted net income                           $2.64    $3.29     $5.39     $6.57
-------------------------------------------=====================================

Diluted earnings per share:
Net income                                    $2.61    $3.11     $5.34     $6.23
Goodwill amortization                          ---       .14      ---        .28
--------------------------------------------------------------------------------
Adjusted net income                           $2.61    $3.25     $5.34     $6.51
--------------------------------------------====================================


6.  Proposed Branch Divestiture
    ---------------------------

On April 17, 2002 one of the Company's  subsidiaries  announced its intention to
sell seven branch banking facilities. Total deposits at these branches aggregate
approximately  $125  million.  The  Company  anticipates  that the sale of these
branches  will be  concluded  in the third or  fourth  quarter,  subject  to the
satisfaction of regulatory requirements.
<PAGE>




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


Unaudited consolidated net income of INTRUST Financial Corporation for the three
months ended June 30, 2002 totaled  $6,169,000.  This is a decline of $1,206,000
from  comparable  prior year amounts and $284,000  from prior  quarter  amounts.
Improvements  in the  Company's  net  interest  income  and a  reduction  in the
provision for loan losses were not  sufficient to offset  increased  noninterest
expense and a reduced level of noninterest income. The Company recorded a charge
of  approximately  $1,300,000 in the second quarter related to the resolution of
outstanding  reconciling  items in its item  processing  area,  and also saw its
professional  services  expense  increase as a result of  retaining a consulting
firm to  assist  in this  project.  The  Company's  year-to-date  earnings  have
declined  $2,143,000.  This  decline  is due  to a  $3,016,000  decrease  in net
interest  income  and the  aforementioned  charge of  $1,300,000.  The  negative
differential in the interest  margin did narrow in the second quarter,  however.
After totaling $2,556,000 in the first quarter, the year-over-year change in net
interest income in the second quarter was $460,000.

NET INTEREST INCOME
Second quarter net interest income totaled  $23,309,000  declining $460,000 from
comparable  prior year levels but increasing  $1,328,000 over  comparable  first
quarter amounts.  The Company recorded a 24 basis point increase in its interest
spread this quarter, while average  interest-earning  assets were little-changed
when  compared  to prior  quarter  amounts.  The  year-over-year  decline in net
interest  income is due  principally to  non-interest  bearing  demand  deposits
comprising a lesser  percentage of the Company's  total funding this year and to
the reduced  yield  realized on the  investment  of those  funds.  These  demand
deposits, as a percentage of total deposits,  were 2% less this quarter than the
comparable  quarter of 2001. The Company's  interest spread this quarter was two
basis points greater than its interest spread in the second quarter of 2001.

Average  loans  increased   $31,682,000  over  prior  quarter  totals  and  were
approximately  $8,000,000  greater  than  comparable  prior  year  amounts.  The
quarterly  increase in average  loans was due to two  factors.  Commercial  loan
demand  increased in the second quarter and accounted for  approximately  80% of
the increase in average loans. The remainder of the increase was attributable to
the  termination  of the  Company's  credit  card  securitization  in the  first
quarter,  and the fact that the remaining  receivables were on the balance sheet
for the entire  second  quarter.  In addition to the  increase in average  loans
during the quarter,  the Company also recorded an $8,270,000 increase in average
investment securities.  These increases,  however, were almost completely offset
by  a   $39,883,000   decline  in  average   federal   funds  sold.   Yields  on
interest-earning  assets  increased nine basis points this quarter.  The Company
benefited  from a 36%  reduction  in  nonaccrual  loans in the current  quarter.
Nonaccrual loans at March 31, 2002 totaled $20,482,000.  The comparable total at
June 30, 2002 was $13,118,000. Also, loans and investment securities comprised a
greater percentage of  interest-earning  assets this quarter.  Loans represented
77% of average  interest-earning assets this quarter, with investment securities
accounting  for another 20.8%.  The comparable  percentages in the first quarter
were 75.6% and 20.4%, respectively.  On a year-over-year basis, quarterly yields
on average  interest-earning  assets  have fallen 179 basis  points.  During the
period March 31, 2001 through June 30, 2002, the Federal Reserve eased rates 325
basis points.

Funding costs declined  fifteen basis points in the second  quarter,  reflecting
the continued downward repricing of deposit instruments at lower interest rates.
Funding  costs  in the  second  quarter  were 181  basis  points  less  than the
comparable prior year amount.  Average deposit balances declined modestly in the
second quarter. As has been discussed in previous filings, the Company typically
records a seasonal decline in deposit balances in the second quarter of the year
after   income  tax   payments  are   processed   in  April.   Last  year,   the
quarter-over-quarter  decline  in  total  deposits,  which  was  less  than  has
historically been experienced,  was $39,737,000. The comparable amount this year
was $26,067,000.  This has allowed the Company to minimize its wholesale funding
costs, which typically carry a higher rate of interest than traditional  deposit
products.

The Company does not expect significant action by the Federal Reserve during the
remainder of 2002, but it does believe that its principal  markets will continue
to remain quite competitive and sensitive to interest rate movement. It does not
anticipate that 2002 net interest income will exceed 2001 levels.

PROVISION FOR LOAN LOSSES
The Company  recorded a provision  for loan losses of  $2,500,000  in the second
quarter,  a decrease of $500,000 from prior  quarter  amounts and a reduction of
$420,000  from the amount  recorded in the second  quarter of 2001.  The Company
recorded  net  charge-offs  of $256,000 in the second  quarter,  a reduction  of
$761,000  from the prior quarter  amount and a reduction of $1,582,000  from the
same period of 2001.  The increase in quarterly  recoveries  more than offset an
increase in  charge-offs.  While the Company did record an increase in quarterly
charge-offs,  from  $1,915,000 in the first quarter to $3,568,000 in the current
quarter,  recoveries also increased substantially,  from $898,000 to $3,312,000.
76% of the increase in  charge-offs is the result of the charge-off of a loan to
a single customer in the agribusiness  industry.  Much of the remaining increase
is due to the termination of the credit card securitization in the first quarter
of 2002.  Previously,  interest  income,  fee  revenue  and  charge-offs  on the
securitized  accounts were  reflected as a component of noninterest  income.  As
these receivables are now recorded on the Company's  balance sheet,  these items
are now broken out separately on the financial  statements.  As was discussed in
the prior  quarter  filing,  the  Company  anticipated  recording  a recovery of
approximately  $2,000,000  on a previously  charged-off  credit if a prospective
purchase  was  approved  by  that  company's  shareholders.  That  purchase  was
approved,  and the  Company  recorded a  recovery  of  $2,211,000  in the second
quarter.

As noted above,  nonaccrual  loans declined  $7,364,000  this quarter,  totaling
$13,118,000.  The  decrease is due to the recovery  described  in the  preceding
paragraph,  and to the  charge-off  of the  agribusiness  credit also  discussed
above. Two credits  comprise  two-thirds of the Company's total nonaccrual loans
at June 30, 2002. Both credits have been discussed in previous filings,  and the
Company  believes it has  specifically  allocated a portion of its allowance for
loan losses to these credits sufficient for the net carrying amount of the loans
to be equal to the  estimated  fair value of the  collateral.  Past due loans at
June 30, 2002 were $1,002,000.  This represents a decline of $239,000,  or 19.3%
from the comparable amount at March 31, 2002.

The  Company's  allowance for loan losses at June 30, 2002 was equal to 1.67% of
total loans and 213% of nonaccrual,  past due and restructured loans. Comparable
amounts at March 31, 2002 and June 30,  2001 were 1.56% and 128%,  and 1.76% and
183%,  respectively.  While the Company did reduce its provision for loan losses
in the second  quarter as a result of the large  recovery  that  occurred in the
quarter and the reduction in loans considered risk elements,  it is also mindful
of the continued  weakness that is present in the economy.  The Company does not
presently  anticipate a major change in the overall  credit  quality of its loan
portfolio,  and thus  does not  expect  to  record  significant  changes  in its
quarterly provision for loan losses during the remainder of 2002.

Summary of Loan Loss Experience (in thousands of dollars)
--------------------------------------------------------------------------------
                                                              June 30,
                                                        2002           2001
--------------------------------------------------------------------------------
Amount of loans at period-end                        $1,808,009     $1,789,973
-----------------------------------------------------===========================

YTD Average loans outstanding                        $1,775,332     $1,764,418
-----------------------------------------------------===========================

Beginning balance of allowance for loan losses          $25,904        $28,972

Loans charged off
   Commercial, financial and agricultural                 1,658          1,044
   Real estate-mortgage                                       0              1
   Credit card                                            2,980          2,639
   Installment                                              845            840
--------------------------------------------------------------------------------
Total loans charged off                                   5,483          4,524
--------------------------------------------------------------------------------

Recoveries on charge-offs
   Commercial, financial and agricultural                 3,454            752
   Real estate-mortgage                                       0              5
   Credit card                                              491            556
   Installment                                              265            216
--------------------------------------------------------------------------------
Total recoveries                                          4,210          1,529
--------------------------------------------------------------------------------

Net loans charged off                                     1,273          2,995

Provision charged to expense                              5,500          5,590
--------------------------------------------------------------------------------

Ending balance of allowance for loan losses             $30,131        $31,567
-----------------------------------------------------===========================

Net charge-offs/average loans                             0.07%          0.17%
-----------------------------------------------------===========================

Allowance for loan losses/loans at period-end             1.67%          1.76%
-----------------------------------------------------===========================

The accompanying  table summarizes,  by type, the Company's  outstanding  loans,
excluding loans  held-for-sale.  Installment loans are principally  comprised of
loans secured by automobiles (in thousands of dollars).

                                           June 30, 2002       December 31, 2001
--------------------------------------------------------------------------------
                                                     Percent             Percent
                                          Amount    of Total   Amount   of Total
--------------------------------------------------------------------------------
Commercial, Financial and Agricultural  $  902,636    49.9%  $  851,191    48.1%
Real Estate-Construction                    75,235     4.2       55,060     3.1
Real Estate-Mortgage                       514,285    28.4      534,662    30.2
Installment, excluding credit card         152,167     8.4      180,545    10.2
Credit card                                163,686     9.1      148,284     8.4
--------------------------------------------------------------------------------
  Subtotal                               1,808,009   100.0%   1,769,742   100.0%
Allowance for loan losses                  (30,131)              (25,904)
--------------------------------------------------------------------------------
  Total                                 $1,777,878            $1,743,838
----------------------------------------========================================

As noted  above,  loans  considered  risk  elements  did decline  this  quarter.
Management is not aware of any specific customer issue that would  significantly
impact the  overall  credit  quality  of the loan  portfolio  in 2002.  However,
continued weakness in the equity markets, and the impact of that weakness on the
overall  economy,  is an issue that  Management  continues  to monitor  closely.
Management believes the allowance for loan losses to be adequate at this time.

                                                   June, 30         December 31,
        (in thousands of dollars)                    2002               2001
--------------------------------------------------------------------------------
        Loan Categories
             Nonaccrual Loans                      $13,118            $16,747
             Past Due 90 days or more                1,002              1,204
--------------------------------------------------------------------------------
        Total                                      $14,120            $17,951
--------------------------------------------------==============================

LIQUIDITY AND CAPITAL RESOURCES
The Company considered its liquidity level adequate at June 30, 2002.  Continued
loan growth and the seasonal decline in deposits discussed above resulted in the
Company's  loan/deposit  ratio (including loans  held-for-sale)  increasing from
92.4% at March 31, 2002 to 94.8% at June 30, 2002. The comparable  percentage at
June 30, 2001 was 96.8%. The Company's  membership in the Federal Home Loan Bank
of Topeka  provides a secondary  source of liquidity.  In addition,  the Company
maintains  a variety of funding  sources,  including  core-deposit  acquisition,
federal funds  purchases,  acquisition of public funds and the normal run-off of
interest-earning assets.

Approximately 76% of the Company's  investment  portfolio is comprised of United
States  government  and  agency  securities,   with  mortgage-backed  securities
representing  another 22% of the portfolio.  The Company  maintains a relatively
short weighted average maturity in this portion of its investment portfolio.  At
June 30,  2002,  the average  maturity of United  States  government  and agency
securities  and  mortgage-backed  securities  was 3 years  and 1 month,  and the
average maturity of municipal securities was 2 years and 5 months.

The Company has thoroughly  reviewed its investment  security  portfolio and has
determined  that at June 30,  2002,  it has the  ability  and intent to hold all
securities in the portfolio that have been classified as held-to-maturity.  With
the  increases  the  Company  has  experienced  in its  loan  portfolio,  it has
continued  to  classify   purchases  of  United  States  government  and  agency
securities as available-for-sale.  The Company believes that it has a variety of
sources of additional  liquidity  available.  These include, but are not limited
to, the following:  securities classified as  available-for-sale,  the regularly
scheduled  maturities  of  those  securities  presently  held in its  investment
portfolio,  the  securitization  of credit  card  receivables,  the  ability  to
securitize other receivables,  such as automobile loans, and federal funds lines
available  through other  financial  institutions.  The Company  believes  these
sources  provide  sufficient  liquidity  to  meet  depositors'  needs  and  make
available lendable funds within its service area.

As has been  disclosed  in  previous  filings,  in  January,  1998,  a statutory
business trust of the Company issued  $57,500,000 in cumulative  trust preferred
securities.  These preferred securities, which qualify as capital for regulatory
reporting  purposes,  have a  distribution  rate of  8.24%,  and will  mature on
January 31, 2028,  unless  called or extended by the  Company.  The Company owns
100% of the common stock of the trust,  and the only assets of the trust consist
of the 8.24% subordinated  debentures due January 31, 2028 issued by the Company
to the trust.  The Company has issued Back-up  Obligations to the trust,  which,
when taken in the aggregate,  constitute the full and unconditional guarantee by
the Company of all of the trust's obligations under the preferred securities.

The  Company's  capital  position   continues  to  exceed   regulatory   capital
requirements.  The Company  must  maintain a minimum  ratio of total  capital to
risk-weighted assets of 8%, of which at least 4% must qualify as Tier 1 capital.
At June 30, 2002, the Company's total capital to risk-weighted  assets ratio was
12.8% and its Tier 1 capital to risk-weighted assets ratio was 11.6%.

In addition to the aforementioned regulatory requirements, each of the Company's
subsidiary banks met all capital ratios required at the individual bank level.

As has been  disclosed in the financial  statements,  in the second  quarter the
Company announced its intention to sell seven branch banking  facilities.  Total
deposits at these branches aggregate  approximately  $125 million.  Purchase and
assumption  agreements  have been  executed for six of the seven  branches.  The
Company anticipates that the reduction in deposits that will arise from the sale
of these  facilities  will be offset by a reduction  in its  Federal  Funds sold
position, the normal maturity of investment securities that will occur up to the
date of sale and an increased level of borrowing from the Federal Home Loan Bank
of Topeka.  Also in the second quarter,  the Company  finalized its negotiations
with the  Internal  Revenue  Service  related  to income tax issues for its 1993
through  1997 tax  years,  subject  to Joint  Committee  approval.  The  Company
anticipates  that  these  non-recurring  transactions  will,  if  satisfactorily
concluded,  serve  to  increase  net  income  (before  giving  effect  to  these
transactions) by more than $3,000,000.

OTHER INCOME AND OTHER EXPENSE
Second quarter  noninterest  income totaled  $13,632,000,  falling $253,000 from
comparable first quarter amounts and varying  negatively from prior year amounts
by $806,000.  Much of the quarterly and  year-over-year  declines are due to the
cessation of the Company's credit card securitization.  In addition, the Company
received life  insurance  proceeds on two former  employees on which the Company
maintained  insurance  coverage  in the first  quarter.  There  were no  similar
transactions in the second quarter.

Second quarter  service  charges on deposit  accounts  increased 2.2% over first
quarter  amounts and were 4.4% higher than  comparable  prior year amounts.  The
quarterly  increase was due principally to increased  overdraft and insufficient
funds activity.  Second quarter overdraft and insufficient  funds fees were 9.4%
greater than comparable  first quarter  revenues.  Other areas of service charge
income were  generally  flat as the  increases in service  charges on commercial
accounts  that had been  recorded in the  declining  interest  rate  environment
ceased with the general  stability that was present in the rate  environment for
much of the first half of the year.

After increasing modestly in the first quarter, fiduciary income was essentially
unchanged in the second  quarter.  This source of fee revenue did fall 6.9% from
comparable  prior year  amounts.  The second  quarter  saw a return to  negative
performance  in the  equity  markets,  with  the Dow  Jones  Industrial  Average
declining approximately 10% in the second quarter. Thus, even though the company
continues to record account growth in the private wealth  management  area, this
growth  has been  offset by the  downturn  in the equity  markets.  As a result,
private and institutional assets under management have changed little from first
quarter levels.

Second quarter credit card fees declined  $199,000 from prior quarter levels and
were $1,059,000 less than comparable prior year amounts. As discussed above, the
termination of the credit card securitization  resulted in a lesser level of fee
income.  The  Company  recorded  no excess  servicing  fee revenue in the second
quarter.  Comparable amounts in the first quarter of 2002 and the second quarter
of 2001 were $427,000 and $1,437,000,  respectively.  Partially offsetting these
declines were increases in both merchant fees and penalty fees, as transactional
volume in these  areas  increased  in the second  quarter.  As noted in previous
filings,  the  softness  in the  economy,  when  combined  with the  effects  of
September 11, had resulted in the Company  recording a decline in  transactional
volume in the first quarter of the year.

Other  service  charges,  fees and income  declined  $160,000 from prior quarter
amounts,  but did increase  $266,000 over comparable prior year levels. As noted
above, the Company  received life insurance  proceeds on two former employees in
the first quarter,  and this was the principal reason for the quarterly  decline
in this category of noninterest income. The year-over-year increase in this line
item is due principally to increased sales of annuity  products in the Company's
broker-dealer subsidiary and to increased loan fees on mortgage loans originated
and sold.

Total noninterest expense in the second quarter increased  $1,906,000 over first
quarter amounts and was $1,462,000  greater than comparable  prior year amounts.
Other noninterest  expense  increased  $1,379,000 over prior quarter amounts and
was  $1,164,000  greater  than  prior  year  amounts.   The  increase  in  other
noninterest  expense was due almost  entirely to the charge  taken in the second
quarter to write-off  unresolved  reconciling items in the item processing area.
This is a non-recurring expense. Also affecting the year-over-year comparison of
noninterest  expense  was the  adoption  of SFAS No.  142,  "Goodwill  and Other
Intangible Assets". Taking both issues into account, the year-over-year increase
in total noninterest expense would have been 1.8%.

Salaries and employee benefit costs increased  $10,000 in the second quarter and
were $327,000 less than comparable  prior year totals.  As has been disclosed in
previous filings,  the Company outsourced wealth management  operational support
to SunGard Wealth Management  Services,  LLC ("SunGard") in the third quarter of
2001. The year-over-year reduction in salaries and employee benefit costs is due
to this  outsource  arrangement.  It is also the principal  reason the Company's
quarterly professional services cost was $1,291,000 greater in 2002 than 2001.

Occupancy and equipment  expense  increased  $203,000 over first quarter amounts
and was $40,000 greater than comparable prior year amounts.  While  depreciation
expense and utility costs continue to run below prior year amounts,  the Company
elected to terminate  its lease of branch space in an Oklahoma  Wal-Mart  store.
Lease  termination  costs  associated  with this decision were  responsible  for
approximately  one-half  of the  quarterly  increase in this  expense  category.
Repairs and maintenance costs also increased in the second quarter as costs were
incurred in upgrading an elevator in one of the Company's facilities.

Data  processing  expense  increased  $177,000  in the  second  quarter  and was
$127,000 higher than the amount  recorded in the comparable  period of 2001. The
Company continues to incur development costs associated with both its commercial
and retail internet products. Advertising and promotional expense, postage costs
and supplies  expense all recorded  year-over-year  declines.  During the second
quarter of 2001, the Company was introducing a new advertising campaign. Similar
expenses  were not incurred  this year.  The Company has  continued to undertake
initiatives this year to reduce its expense structure. These efforts, along with
the  outsourcing  of wealth  management  operational  support  have  resulted in
year-over-year  reductions in these expense categories.  The decline in goodwill
amortization is a direct result of implementing SFAS No. 142.

SEGMENT REPORTING
As disclosed in footnote 4 to the financial statements, the Company has recorded
a decline of approximately  $4,000,000 in its consumer banking segment profit in
2002.  This decline is due  principally  to two factors.  First,  the  Company's
volumes  and  interest  spread in this  segment  have  declined  from prior year
levels.  Second, the Company has increased its provision for loan losses in this
segment in 2002. Wealth  management  segment profit has also declined this year.
The majority of the decrease is  attributable  to the costs  associated with the
outsourcing of certain operational  functions as more fully discussed above, and
to the general downturn experienced in the equity markets.  Partially offsetting
these  declines was an increase of  approximately  $2,000,000 in the  commercial
banking  segment  profit.  The Company  recorded net recoveries of $1,796,000 in
this  segment  in  2002,   compared  to  net  charge-offs  of  $292,000  in  the
corresponding   period  of  2001.  As  a  result  of  this  positive  charge-off
performance  in 2002,  the Company  reduced its provision for loan losses in the
commercial banking segment.

NEW ACCOUNTING STANDARDS
Statement of  Financial  Accounting  Standards  No. 143,  "Accounting  for Asset
Retirement  Obligations,"  addresses  financial  accounting  and  reporting  for
obligations associated with the retirement of tangible long-lived assets and the
associated asset retirement costs effective for financial  statements issued for
fiscal years beginning after June 15, 2002. The Company does not anticipate that
adoption  of  Statement  No.  143 will have a material  impact on its  operating
results or its financial condition.

FORWARD-LOOKING STATEMENTS
This 10-Q contains various  forward-looking  statements and includes assumptions
concerning  the  Company's  operations,  future  results  and  prospects.  These
forward-looking  statements  are based on current  expectations,  are subject to
risk and  uncertainties  and the Company  undertakes no obligation to update any
such  statement to reflect  later  developments.  In  connection  with the "safe
harbor" provisions of the Private Securities  Litigation Reform Act of 1995, the
Company  provides  the  following  cautionary  statement  identifying  important
economic,  political and  technological  factors,  among others,  the absence of
which could cause the actual results or events to differ  materially  from those
set  forth  in  or  implied  by  the  forward-looking   statements  and  related
assumptions.

Such  factors  include  the  following:  (i)  continuation  of the  current  and
projected future business environment,  including interest rates and capital and
consumer spending;  (ii) competitive factors and competitor responses to Company
initiatives;   (iii)   successful   development  and  market   introductions  of
anticipated  new products;  (iv) stability of government  laws and  regulations,
including taxes; and (v) trends in the banking industry.


<PAGE>



                            PART 2. OTHER INFORMATION



Item 6(b). Exhibits and Reports on Form 8-K.

             (a) Exhibits:
                 Number    Description
                 ------    -----------
                   99      Certification pursuant to Section 906 of the Sarbanes
                           -Oxley Act of 2002

                 (b) There were no reports on Form 8-K filed during the quarter
                     for which this report is filed.




SIGNATURES


Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


INTRUST Financial Corporation




Date:  August 9, 2002                      By: /s/ C.Q. Chandler
                                               ------------------------------
                                               C. Q. Chandler
                                               Chairman of the Board
                                                 and Chief Executive Officer
                                               (Principal Executive Officer)




Date:  August 9, 2002                      By: /s/ Jay L. Smith
                                               ------------------------------
                                               Jay L. Smith
                                               Executive Vice President
                                                 and Chief Financial Officer
                                               (Principal Accounting Officer)
<PAGE>




EXHIBIT INDEX


       Number        Description
       ------        -----------
         99          Certification pursuant to Section 906 of the Sarbanes-Oxley
                     Act of 2002