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 September 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 October 25, 2002,  there were  2,321,355  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)

                                                     September 30,  December 31,
Assets                                                    2002          2001
--------------------------------------------------------------------------------
Cash and cash equivalents:
   Cash and due from banks                             $  150,761    $  159,708
    Federal funds sold                                     87,040        78,300
--------------------------------------------------------------------------------
        Total cash and cash equivalents                   237,801       238,008
--------------------------------------------------------------------------------
Investment securities:
   Held-to-maturity (fair value, $19,939 for 2002
     and $30,106 for 2001)                                 19,609        29,538
   Available-for-sale, at fair value                      404,961       417,738
--------------------------------------------------------------------------------
        Total investment securities                       424,570       447,276
--------------------------------------------------------------------------------
Loans held-for-sale                                         4,130         4,876
Loans, net of allowance for loan losses of $24,794
  in 2002 and $25,904 in 2001                           1,739,822     1,743,838
Land, buildings and equipment, net                         48,123        47,794
Intangible assets                                          25,640        27,135
Other assets                                               36,195        46,570
--------------------------------------------------------------------------------
      Total assets                                     $2,516,281    $2,555,497
-------------------------------------------------------=========================

Liabilities and Stockholders' Equity
--------------------------------------------------------------------------------
   Deposits                                            $1,957,260    $1,969,137
   Short-term borrowings:
      Federal funds purchased and securities sold
        under agreements to repurchase                    262,031       289,991
      Other                                                 9,327         9,357
--------------------------------------------------------------------------------
        Total short-term borrowings                       271,358       299,348
--------------------------------------------------------------------------------

   Accounts payable and accrued liabilities                23,056        35,766
   Notes payable                                            5,000         5,000
   Guaranteed preferred beneficial interests in the
     Company's subordinated debentures                     57,500        57,500
--------------------------------------------------------------------------------
          Total liabilities                             2,314,174     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                                      207,127       193,675
   Treasury stock, at cost (452,514 shares in 2002
     and 440,466 shares in 2001)                          (44,591)      (43,002)
   Accumulated other comprehensive income, net of tax       3,928         2,430
--------------------------------------------------------------------------------
          Total stockholders' equity                      202,107       188,746
--------------------------------------------------------------------------------
      Total liabilities and stockholders' equity       $2,516,281    $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  Nine Months Ended
                                             September 30,       September 30,
                                           -------------------------------------
                                             2002     2001       2002      2001
--------------------------------------------------------------------------------
Interest income:
   Loans                                   $27,906  $34,615   $ 84,569  $110,388
   Investment securities                     4,863    5,982     16,026    19,534
   Federal funds sold and other                562      532      1,190     1,543
--------------------------------------------------------------------------------
       Total interest income                33,331   41,129    101,785   131,465
--------------------------------------------------------------------------------
Interest expense:
   Deposits                                  8,988   14,422     28,221    46,706
   Federal funds purchased and securities
     sold under agreement to repurchase        704    2,164      2,146     9,034
   Subordinated debentures                   1,184    1,184      3,553     3,553
   Other borrowings                             70      195        190       702
--------------------------------------------------------------------------------
       Total interest expense               10,946   17,965     34,110    59,995
--------------------------------------------------------------------------------
       Net interest income                  22,385   23,164     67,675    71,470
Provision for loan losses                    2,500    3,215      8,000     8,805
--------------------------------------------------------------------------------
       Net interest income after
         provision for loan losses          19,885   19,949     59,675    62,665
--------------------------------------------------------------------------------
Noninterest income:
   Service charges on deposit accounts       4,955    4,755     14,408    13,010
   Fiduciary income                          2,777    3,120      8,570     9,216
   Credit card fees                          2,105    2,347      6,260     7,722
   Other service charges, fees and income    4,005    4,005     12,121    11,301
--------------------------------------------------------------------------------
       Total noninterest income             13,842   14,227     41,359    41,249
--------------------------------------------------------------------------------
Noninterest expense:
   Salaries and employee benefits           12,295   12,221     36,189    36,189
   Net occupancy and equipment expense       3,245    3,388      9,778     9,967
   Professional services                     1,664    1,055      5,435     2,597
   Data processing expense                   1,371    1,356      4,038     4,074
   Advertising and promotional activities    1,199      921      3,071     3,132
   Postage and dispatch                        604      616      1,779     2,026
   Supplies                                    490      689      1,531     2,000
   Goodwill amortization                       265      594        798     1,798
   Intangible assets amortization              236      243        697       742
   Other                                     2,120    2,072      7,701     6,246
--------------------------------------------------------------------------------
       Total noninterest expense            23,489   23,155     71,017    68,771
--------------------------------------------------------------------------------
       Income before provision for
         income taxes                       10,238   11,021     30,017    35,143
Provision for income taxes                   3,792    4,259     10,949    13,616
--------------------------------------------------------------------------------
       Net income                            6,446    6,762     19,068    21,527
Other comprehensive income - unrealized
  gains on securities                          715    2,246      1,498     3,584
--------------------------------------------------------------------------------
       Comprehensive income                $ 7,161  $ 9,008   $ 20,566  $ 25,111
-------------------------------------------=====================================
Per share data:
   Basic earnings per share                  $2.76    $2.89      $8.15     $9.18
-------------------------------------------=====================================
   Diluted earnings per share                $2.74    $2.86      $8.08     $9.09
-------------------------------------------=====================================
   Cash dividends                            $0.80    $0.80      $2.40     $2.40
-------------------------------------------=====================================

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)

                                                             Nine Months Ended
                                                               September 30,
                                                           ---------------------
                                                              2002        2001
--------------------------------------------------------------------------------
Cash provided (absorbed) by operating activities:
 Net Income                                                $  19,068  $  21,527
Adjustments to reconcile net income to net cash
  provided by operating activities:
   Provision for loan losses                                   8,000      8,805
   Provision for depreciation and amortization                 6,753      7,359
   Amortization of premium and accretion of discount on
         investment securities                                 1,466     (2,043)
   Originations of loans held-for-sale                       (71,937)   (56,710)
   Proceeds from sales of loans held-for-sale                 72,683     55,726
   Changes in assets and liabilities:
    Prepaid expenses and other assets                          1,878       (307)
    Income taxes                                              (7,648)     6,733
    Interest receivable                                          641        757
    Interest payable                                           2,511      3,024
    Other liabilities                                           (626)       636
    Other                                                        165         32
--------------------------------------------------------------------------------
     Net cash provided by operating activities                32,954     45,539
--------------------------------------------------------------------------------
Cash provided (absorbed) by investing activities:
   Purchase of investment securities                        (183,844)  (520,374)
   Investment securities matured or called                   206,141    544,732
   Proceeds from sale of investment securities
     available-for-sale                                        1,440      2,335
   Net increase in loans                                      (6,144)   (55,859)
   Purchases of land, buildings and equipment                 (4,960)    (5,823)
   Proceeds from sale of equipment                                19         27
   Proceeds from sale of other real estate
     and repossessions                                         1,653      1,357
   Other                                                        (394)      (185)
--------------------------------------------------------------------------------
     Net cash provided (absorbed) by investing activities     13,911    (33,790)
--------------------------------------------------------------------------------
Cash provided (absorbed) by financing activities:
   Net increase (decrease) in deposits                       (11,877)     6,600
   Net decrease in short-term borrowings                     (27,990)   (10,864)
   Cash dividends                                             (5,616)    (5,634)
   Purchase of treasury stock                                 (1,589)    (1,558)
--------------------------------------------------------------------------------
     Net cash absorbed by financing activities               (47,072)   (11,456)
--------------------------------------------------------------------------------

       Increase (decrease) in cash and cash equivalents         (207)       293

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

Cash and cash equivalents at end of period                 $ 237,801  $ 132,828
-----------------------------------------------------------=====================

Supplemental disclosures
   Interest paid                                            $31,599     $56,971
   Income tax paid                                          $18,597     $ 6,883

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 nine months
ended September 30, 2002 and 2001 (in thousands of dollars):


                                                              2002        2001
   -----------------------------------------------------------------------------
   Balance, January 1                                       $25,904     $28,972
   Additions:
     Provision for loan losses                                8,000       8,805
   -----------------------------------------------------------------------------
                                                             33,904      37,777
   Deductions:
     Loans charged off                                       13,955      12,787
     Less recoveries on loans
         previously charged off                               4,845       1,969
   -----------------------------------------------------------------------------
     Net loan losses                                          9,110      10,818
   -----------------------------------------------------------------------------
   Balance, September 30                                    $24,794     $26,959
   ---------------------------------------------------------====================

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                   Amount in (A) for
                 Total   Which There Is a      Allowance     Which There Is No
               Impaired  Related Allowance  Associated With  Related Allowance
September 30,   Loans     for Loan Losses   Amounts in (B)    for Loan Losses
-------------  --------  -----------------  ---------------  -----------------
    2002        $ 9,941       $ 9,941           $3,102              $ 0
    2001        $15,071       $15,071           $2,307              $ 0

The average  recorded  investment  in impaired  loans for the nine months  ended
September 30, 2002 and 2001,  was  $13,537,000  and  $19,470,000,  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:

                                       Three Months Ended     Nine Months Ended
                                          September 30,         September 30,
--------------------------------------------------------------------------------
                                         2002       2001      2002       2001
--------------------------------------------------------------------------------

Net income for earnings per share
  (in thousands of dollars)              $6,446     $6,762    $19,068    $21,527
--------------------------------------------------------------------------------

Weighted average shares for basic
  earnings per share                  2,334,958  2,343,433  2,338,456  2,345,534
Shares issuable upon exercise
  of stock options                       21,695     24,047     21,457     23,264
--------------------------------------------------------------------------------
Weighted average shares for diluted
  earnings per share                  2,356,653  2,367,480  2,359,913  2,368,798
--------------------------------------==========================================


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.

                                       Three Months Ended     Nine Months Ended
                                          September 30,         September 30,
                                      ----------------------  ------------------
 (in thousands of dollars)               2002       2001       2002       2001
 -------------------------------------------------------------------------------
 Revenues from external customers
    Consumer banking                   $18,990    $20,245    $58,643    $61,982
    Commercial banking                  14,574     13,692     42,496     40,224
    Wealth management                    3,538      3,922     11,128     11,487

 Intercompany revenues
    Consumer banking                   $   (58)   $  (174)   $  (138)   $  (212)
    Commercial banking                       0          0          0          0
    Wealth management                      122        122        391        379

 Segment profit
    Consumer banking                   $ 1,138    $ 3,540    $ 6,938    $13,397
    Commercial banking                   9,946      7,779     27,348     23,228
    Wealth management                      110        729        589      1,686
 -------------------------------------------------------------------------------
       Profit from segments             11,194     12,048     34,875     38,311
       Expenses at corporate level
         not allocated to segments        (956)    (1,027)    (4,858)    (3,168)
 -------------------------------------------------------------------------------
       Consolidated income before
         provision for income taxes    $10,238    $11,021    $30,017    $35,143
 --------------------------------------=========================================


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

At September  30, 2002 the company had  recorded  intangible  asset  balances of
$25,640,000 on its statement of financial condition. This amount is comprised of
the following components:

Unidentifiable intangible assets                                   $11,956,000
Credit card royalty costs                                            5,294,000
Other goodwill                                                       8,390,000
--------------------------------------------------------------------------------
                                                                   $25,640,000
-------------------------------------------------------------------=============

Unidentifiable  intangible  assets  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, the company continues to amortize this intangible asset over a fifteen-year
period.  Approximately $4,800,000 of the unidentifiable intangible asset balance
is assigned to branches that are  presently  scheduled for sale by the Company -
see footnote 6. This intangible asset 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 lives of the contracts.

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
September 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")  issued  Statement No. 147,
"Acquisitions  of  Certain  Financial   Institutions"  in  October,  2002.  This
Statement  provides  specific  guidance  on the  accounting  treatment  for  the
unidentifiable  intangible  asset  balance  described  above.  Adoption  of this
Statement,  which has an  effective  date of October  1,  2002,  will not have a
material  impact  on the  Company's  results  of  operations  or  its  financial
condition.  The unidentifiable  intangible asset recorded on the Company's books
will continue to be amortized over a fifteen-year period.

                                                      As of September 30, 2002
                                                   -----------------------------
                                                   Gross Carrying  Accumulated
(in thousands of dollars)                              Amount      Amortization
--------------------------------------------------------------------------------
Amortized Intangible Assets
   Unidentifiable intangible assets                   $15,438          $3,482
   Credit card royalty costs                            9,392           4,098
--------------------------------------------------------------------------------
   Total                                              $24,830          $7,580
---------------------------------------------------=============================

Aggregate Amortization Expense:
   For the period ended September 30, 2002                             $1,495

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  September  30, 2002 is
$8,390,000.  There were no changes in the carrying amount of goodwill during the
nine-month period ended September 30, 2002.

Goodwill - Adoption of Statement 142
                                                  Three Months    Nine Months
                                                     Ended           Ended
                                                  September 30,  September 30,
                                                  ------------------------------
(dollars in thousands except per share data)     2002    2001     2002     2001
--------------------------------------------------------------------------------
Net income                                      $6,446  $6,762  $19,068  $21,527
Add back goodwill amortization                    ---      328    ---        983
--------------------------------------------------------------------------------
Adjusted net income                             $6,446  $7,090  $19,068  $22,510
------------------------------------------------================================

Basic earnings per share:
Net income                                       $2.76   $2.89    $8.15    $9.18
Goodwill amortization                             ---      .14     ---       .42
--------------------------------------------------------------------------------
Adjusted net income                              $2.76   $3.03    $8.15    $9.60
-------------------------------------------------===============================

Diluted earnings per share:
Net income                                       $2.74   $2.86    $8.08    $9.09
Goodwill amortization                             ---      .14     ---       .41
--------------------------------------------------------------------------------
Adjusted net income                              $2.74   $3.00    $8.08    $9.50
-------------------------------------------------===============================


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

On April 17, 2002 one of the Company's  subsidiaries  announced its intention to
sell seven branch  banking  facilities.  The sale of six of these  branches will
take place in the fourth quarter. It is anticipated that the seventh branch will
be sold in the first quarter of 2003,  subject to the satisfaction of regulatory
requirements.  Total deposits at these  branches  aggregate  approximately  $116
million.

<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 September 30, 2002 totaled $6,446,000.  This is a 4.7% decline from
comparable  prior year amounts,  but does  represent a 4.5%  improvement  in net
income over the prior quarter.  During the quarter, the Company recorded further
compression  in its  interest  margin,  as loan  demand  slowed and the  Company
positioned   its  balance  sheet  for  the  impending  sale  of  certain  branch
facilities.  This  resulted in funds being  invested in  lesser-yielding  liquid
assets during the period.  However,  this  reduction in net interest  income was
more than offset by a $1,228,000  quarterly decline in noninterest  expense.  As
noted in the  previous  quarterly  filing,  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.  There  were no  similar  charges  in the third
quarter.

NET INTEREST INCOME
Third quarter net interest income totaled  $22,385,000,  declining $924,000 from
prior quarter amounts and $779,000 from prior year amounts.  After increasing in
the  second  quarter,  the  Company  recorded  a 16 basis  point  decline in its
interest spread in the current quarter. As noted above, there were two principal
reasons for the quarter-over-quarter decline in net interest income. First, loan
demand slowed during the third quarter.  Commercial  loan demand softened in the
quarter,  and an equity  offering  and the sale of a  business  resulted  in two
larger credits being paid-off.  Second, the Company positioned its balance sheet
for the  upcoming  sale of seven  branch  locations.  These  branches  had total
deposits of approximately  $116,000,000 at September 30, 2002.  During the third
quarter,  the Company  consciously  increased  its balance sheet  liquidity,  as
proceeds from investment  security  maturities and loan payments were reinvested
in federal funds.  The Company's  average federal funds sold position  increased
approximately  $77,000,000 in the quarter.  A reduction in non-interest  bearing
demand  deposits and an increase in nonaccrual  loans also had a modest negative
effect on net interest income.

As discussed  above,  average loan  balances  fell during the quarter.  Seasonal
factors  typically  result in a reduction  of loan growth in the third  quarter.
Other  factors  exacerbated  this  historical  trend.   Average  loans  declined
approximately  $22,000,000 in the quarter.  Loans, excluding loans held-for-sale
totaled  $1,764,616,000 at September 30, 2002. The comparable amount at June 30,
2002  was  $1,808,009,000.  Commercial  loan  balances  (including  real  estate
construction  loans)  declined  $31,972,000  in the quarter.  Two-thirds of this
decrease was due to two large commercial  credits identified above that paid-off
in  July.  Consumer  lending  activity  also  declined  in  the  third  quarter,
continuing  the trend of the last three  years.  As has been  discussed  in past
filings,  competitive  pressures  have  led to a  significant  reduction  in the
Company's  automobile  lending  business.  Continuation of  low-interest  and 0%
financing programs by the major automobile  manufacturers has resulted in little
activity in this component of the  installment  lending  business.  As a result,
average  loans as a percentage of  interest-earning  assets fell from 77% in the
second  quarter to 75.8% in the third quarter.  Additionally,  the balance sheet
restructuring  resulted in a quarterly  decline of average  investment  security
balances of approximately $48,000,000.  With the combined yield on average loans
and average investment  securities  exceeding the yield on federal funds sold by
over 400 basis points, this shift in the composition of earning assets accounted
for slightly more than 60% of the 21 basis point decline in the yield on earning
assets  recorded in the third  quarter.  Nonaccrual  loans at September 30, 2002
fell modestly from June 30, 2002 levels,  totaling $12,664,000.  This change had
little impact on net interest income.

Funding  costs  declined  five basis points in the third  quarter,  reflecting a
generally stable interest rate environment for deposits. The decrease in funding
costs was due to the continued downward repricing of time deposit instruments at
lower interest rates.  Interest-bearing  liabilities  increased  slightly in the
third quarter, as a $2,555,000 decline in average interest-bearing  deposits was
more than offset by a $18,108,000  increase in average  federal funds  purchased
and securities sold under agreements to repurchase.  Non-interest bearing demand
deposits  comprised  20.7% of average total deposits in the third  quarter.  The
comparable second quarter percentage was 21%.

While the Company is  uncertain  as to the  direction  of actions  that might be
taken by the Federal  Reserve during the remainder of 2002, it does believe that
its principal markets will continue to remain quite competitive and sensitive to
interest rate movement.  Fourth  quarter net interest  income is not expected to
differ materially from comparable prior year amounts.

PROVISION FOR LOAN LOSSES
The Company  recorded a provision  for loan  losses of  $2,500,000  in the third
quarter,  equal to the amount recorded in the second quarter, and a reduction of
$715,000 from the amount  recorded in the third quarter of 2001. Net charge-offs
increased significantly in the quarter, totaling $7,837,000.  This represents an
increase of $7,581,000 over the second quarter amount.  Gross charge-offs in the
third quarter totaled $8,472,000.  Quarterly charge-offs in the consumer lending
portfolio were  little-changed  from prior quarter amounts.  Installment lending
charge-offs in the quarter were $418,000,  increasing $14,000 over prior quarter
amounts,  while  credit  card  charge-offs  totaled  $1,685,000,  an increase of
$33,000 over second quarter amounts. The increase in charge-offs is attributable
to two credits in the commercial lending  portfolio.  The charge-off of a credit
in the  agribusiness  industry  was  responsible  for 62% of the increase in the
charge-off activity in the commercial,  financial and agricultural components of
the loan  portfolio,  while a charge-off on a loan to a customer  engaged in the
aircraft services business accounted for another 37% of the increase. Recoveries
in the third quarter  totaled  $635,000,  which was a decline of $2,677,000 from
second  quarter  totals.  As was  disclosed in the second  quarter  filing,  the
Company recorded a $2,211,000 recovery on a previously charged-off credit in the
second quarter.

As noted above,  nonaccrual  loans  declined  nominally  this quarter,  totaling
$12,664,000.  Three credits comprise 62% of the Company's total nonaccrual loans
at September  30, 2002.  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 September 30, 2002 increased $4,756,000,  totaling
$5,758,000.  This increase is attributable to one agribusiness credit, which has
since been brought current.

The Company's allowance for loan losses at September 30, 2002 was equal to 1.41%
of  total  loans  and  135% of  nonaccrual,  past  due and  restructured  loans.
Comparable  amounts at June 30, 2002 and September 30, 2001 were 1.67% and 213%,
and 1.52% and 124%,  respectively.  The Company does not presently  anticipate a
major change in the overall credit quality of its loan portfolio, but is mindful
of the continued weakness in the economy, particularly in the aviation industry.
The  Company  does not expect to record  significant  changes  in its  quarterly
provision for loan losses during the fourth quarter,  but it may be necessary to
increase  the  provision  in the event  there is little  evidence of an economic
rebound.

Summary of Loan Loss Experience (in thousands of dollars)
--------------------------------------------------------------------------------
                                                            September 30,
                                                         2002           2001
--------------------------------------------------------------------------------
Amount of loans at period-end                         $1,764,616     $1,772,662
------------------------------------------------------==========================

YTD Average loans outstanding                         $1,772,878     $1,767,929
------------------------------------------------------==========================

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

Loans charged off
   Commercial, financial and agricultural                  8,027          7,740
   Credit card                                             4,665          3,795
   Installment                                             1,263          1,252
--------------------------------------------------------------------------------
Total loans charged off                                   13,955         12,787
--------------------------------------------------------------------------------

Recoveries on charge-offs
   Commercial, financial and agricultural                  3,782            825
   Credit card                                               720            813
   Installment                                               343            331
--------------------------------------------------------------------------------
Total recoveries                                           4,845          1,969
--------------------------------------------------------------------------------

Net loans charged off                                      9,110         10,818

Provision charged to expense                               8,000          8,805
--------------------------------------------------------------------------------

Ending balance of allowance for loan losses              $24,794        $26,959
------------------------------------------------------==========================

Net charge-offs/average loans                              0.51%          0.61%
------------------------------------------------------==========================

Allowance for loan losses/loans at period-end              1.41%          1.52%
------------------------------------------------------==========================

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).

                                      September 30, 2002    December 31, 2001
--------------------------------------------------------------------------------
                                                 Percent               Percent
                                       Amount    of Total    Amount    of Total
--------------------------------------------------------------------------------
Commercial, Financial
  and Agricultural                   $  881,003    49.9%   $  851,191    48.1%
Real Estate-Construction                 64,896     3.7        55,060     3.1
Real Estate-Mortgage                    515,294    29.2       534,662    30.2
Installment, excluding credit card      140,114     7.9       180,545    10.2
Credit card                             163,309     9.3       148,284     8.4
--------------------------------------------------------------------------------
  Subtotal                            1,764,616   100.0%    1,769,742   100.0%
Allowance for loan losses               (24,794)              (25,904)
--------------------------------------------------------------------------------
  Total                              $1,739,822            $1,743,838
-------------------------------------===========================================

As noted above,  loans  considered  risk  elements did  increase  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.

                                                September 30,       December 31,
 (in thousands of dollars)                          2002               2001
--------------------------------------------------------------------------------
 Loan Categories
    Nonaccrual Loans                               $12,664            $16,747
    Past Due 90 days or more                         5,758              1,204
--------------------------------------------------------------------------------
      Total                                        $18,422            $17,951
------------------------------------------------================================

LIQUIDITY AND CAPITAL RESOURCES
The Company  considered its liquidity  level adequate at September 30, 2002. The
decline in loan totals  discussed  above resulted in the Company's  loan/deposit
ratio  (including  loans  held-for-sale)  falling from 94.8% at June 30, 2002 to
90.4% at September 30, 2002. The comparable percentage at September 30, 2001 was
95.8%. 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 67% of the Company's  investment  portfolio is comprised of United
States  government  and  agency  securities,   with  mortgage-backed  securities
representing  another 31% of the portfolio.  The Company  maintains a relatively
short weighted average maturity in this portion of its investment portfolio.  At
September 30, 2002, the average maturity of United States  government and agency
securities  and  mortgage-backed  securities  was 1 year and 9  months,  and the
average maturity of municipal securities was 1 year and 7 months.

The Company has thoroughly  reviewed its investment  security  portfolio and has
determined that at September 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 over the last
few years,  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 September 30, 2002, the Company's total capital to risk-weighted assets ratio
was 13.1% and its Tier 1 capital to risk-weighted assets ratio was 11.9%.

In  addition  to  the  aforementioned  regulatory  requirements,  the  Company's
subsidiary bank met all capital ratios required at the 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  $116 million.  Purchase and
assumption   agreements  have  been  executed  for  all  seven  branches,   with
transaction  closings  scheduled for six of the seven branch sales in the fourth
quarter.  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. As has been disclosed in previous filings, 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.  That approval was received in October,  2002.  The Company
anticipates  that these  non-recurring  transactions  will serve to increase net
income (before giving effect to these transactions) by approximately $3,000,000.

OTHER INCOME AND OTHER EXPENSE
Quarterly  noninterest  income increased  nominally,  with third quarter amounts
totaling $13,842,000.  This represents a quarter-over-quarter  increase of 1.5%.
Increases  in  service  charge  income  and  credit  card fees more than  offset
declines in fiduciary income.

Third quarter  service charge income  increased 3.7% over second quarter amounts
and were 4.2% higher than prior year  amounts.  The  quarterly  increase was due
principally  to increased  overdraft  and  insufficient  funds  activity.  Third
quarter  overdraft  and  insufficient  funds fees were 8.9%  greater than second
quarter  revenues.  Other areas of service  charge income were  generally  flat.
Quarterly service charges on commercial  accounts were little-changed from prior
quarter amounts as the stable interest rate  environment that was present during
the second and third quarter resulted in no significant  change in the amount of
fee revenue realized on commercial accounts.

Fiduciary income in the third quarter totaled $2,777,000, declining $120,000, or
4.1%, from second quarter levels.  The equity markets generated negative returns
in the third quarter, and as a result,  assets under management fell 6.4% in the
quarter,  resulting in the decrease in fiduciary income.  Credit card fee income
increased 6.4% over second quarter amounts,  totaling $2,105,000.  The principal
reason for the  increase  in credit card fees is due to  seasonal  factors  that
result  in  increased  transaction  volume.  Back-to-school  purchases  generate
additional  volumes  in the third  quarter,  which  translates  into  additional
merchant fee revenue and some increase in penalty fees. As has been discussed in
previous filings,  the year-over-year  decline in credit card fees is due to the
termination of the Company's credit card  securitization in the first quarter of
2002. Removing  securitization income from credit card fee income from both 2001
and 2002  results,  the  year-over-year  increase in this source of  noninterest
income would be 2.1%.

Other service charges,  fees and income increased  nominally from second quarter
levels and were  unchanged  from the  comparable  prior year  period.  Increased
mortgage loan origination volume in the third quarter resulted in increased fees
on mortgage  loans  originated and sold.  This increase  offset a decline in the
sale of annuity products in the Company's broker-dealer subsidiary.

Total noninterest  expense in the second quarter increased  declined  $1,228,000
over second quarter levels and was $334,000 (1.4%) greater than comparable prior
year amounts.  Other noninterest  expense declined $1,360,000 from prior quarter
amounts due to the non-recurring  charge that was recorded in the second quarter
to write-off unresolved reconciling items in the item processing area.

Salaries and employee  benefit costs  increased  $343,000 in the third  quarter.
This  increase is due to two factors.  The company  reduced  certain  investment
return  assumptions used in the actuarial  computation of pension expense.  This
resulted  in  a  significant   increase  in  third  quarter   pension   expense.
Additionally,  the Company's  health  insurance plan has a third quarter renewal
date, and the Company has recorded a 20% increase in health  insurance costs. As
has been disclosed in previous filings, the Company outsourced wealth management
operational  support to SunGard Wealth Management  Services,  LLC ("SunGard") in
September,  2001. It is the reason there has been no year-over-year  increase in
salaries and  employee  benefit  expense.  It is also the  principal  reason the
Company's quarterly professional services cost was $609,000 greater in 2002 than
2001.

After  increasing in the second quarter as a result of lease  termination  costs
associated  with a branch in an  Oklahoma  Wal-Mart  store,  net  occupancy  and
equipment  expense  declined  $123,000 in the third quarter.  Nominal  quarterly
declines were recorded in data  processing  expense,  while postage and dispatch
costs and supplies  expense  increased  slightly.  Advertising  and  promotional
activities cost increased  $291,000 in the third quarter.  The Company  expanded
its media  advertising  in the third  quarter,  and its credit card  promotional
activities typically increase in the third quarter. Year-to-date advertising and
promotional expense remains slightly below prior year amounts.

SEGMENT REPORTING
As disclosed in footnote 4 to the financial statements, the Company has recorded
a decline of approximately  $7,000,000 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  $4,000,000 in the  commercial
banking  segment  profit.  During the first nine months of the year, the Company
reduced the  allocation  of the  provision  for loan losses  applicable  to this
segment by  $2,815,000  as compared  to 2001  results  for the same  period.  In
addition, commercial service charge income in 2002 has exceeded 2001 levels as a
result of the lower interest rate environment that has been present in 2002.

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.

Statement of Financial  Accounting Standards No. 145 rescinds FASB Statement No.
4, "Reporting Gains and Losses from Extinguishment of Debt", and an amendment of
that Statement,  FASB Statement No. 64, "Extinguishments of Debt Made to Satisfy
Sinking-Fund Requirements".  This Statement also rescinds FASB Statement No. 44,
"Accounting for Intangible Assets of Motor Carriers". This Statement amends FASB
Statement  No.  13,   "Accounting  for  Leases"  and  makes  various   technical
corrections. Provisions of this Statement are effective after May 15, 2002.

Statement of  Financial  Accounting  Standards  No. 146,  "Accounting  for Costs
Associated with Exit or Disposal Activities," addresses financial accounting and
reporting for costs  associated  with exit or disposal  activities and nullifies
Emerging  Issues Task Force Issue No. 94-3,  "Liability  Recognition for Certain
Employee  Termination  Benefits  and  Other  Costs  to  Exit an  Activity."  The
provisions  of this  Statement  are  effective  for exit or disposal  activities
initiated after December 31, 2002.

Statement of Financial  Accounting  Standards No. 147,  "Acquisitions of Certain
Financial Institutions" amends Statements No. 72 and 144 and FASB Interpretation
No. 9. This Statement  removes  acquisitions of financial  institutions from the
scope  of  both  Statement  72 and  Interpretation  9 and  requires  that  those
transactions  be  accounted  for in  accordance  with FASB  Statements  No. 141,
"Business  Combinations",  and No. 142, "Goodwill and Other Intangible  Assets."
This  Statement  amends  Statement No. 144,  "Accounting  for the  Impairment or
Disposal   of   Long-Lived   Assets,"   to  include   in  its  scope   long-term
customer-relationship intangible assets of financial institutions. Provisions of
this Statement are effective October 1, 2002.

The Company does not anticipate that adoption of the above  Statements 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 4.  Controls and Procedures

We maintain a system of internal  controls  and  procedures  designed to provide
reasonable assurance as to the reliability of our published financial statements
and other disclosures included in this report. Within the 90-day period prior to
the date of this  report,  we  evaluated  the  effectiveness  of the  design and
operation of our disclosure  controls and procedures  pursuant to Rule 13a-14 of
the  Securities  Exchange  Act of 1934.  Based upon that  evaluation,  our Chief
Executive  Officer and our Chief Financial Officer concluded that our disclosure
controls  and  procedures  are  effective  in timely  alerting  them to material
information   relating  to  INTRUST   Financial   Corporation   (including   its
consolidated  subsidiaries)  required to be included in this quarterly report on
Form 10-Q.

There have been no  significant  changes in our  internal  controls  or in other
factors which could  significantly  affect internal  controls  subsequent to the
date that we carried out our evaluation.

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

                 (a) Exhibits:
                       Number     Description
                       ------     -----------
                         99       Certifications  Pursuant to Sections 302 and
                                  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:  November 13, 2002                   By:  /s/ C.Q. Chandler
                                                -------------------
                                                 C.Q. Chandler
                                                 Chairman of the Board
                                                 and Chief Executive Officer
                                                 (Principal Executive Officer)




Date:  November 13, 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                  Certifications Pursuant to Sections 302 and 906 of the
                          Sarbanes-Oxley Act of 2002