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 March 31, 2000

                                       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 April 20, 2000, there were 2,379,841 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)

                                                        March 31,   December 31,
Assets                                                    2000          1999
--------------------------------------------------------------------------------
Cash and cash equivalents:
   Cash and due from banks                             $   99,918    $  109,548
   Federal funds sold and securities purchased
      under agreements to resell                           40,630        46,240
--------------------------------------------------------------------------------
        Total cash and cash equivalents                   140,548       155,788
--------------------------------------------------------------------------------
Investment securities:
   Held-to-maturity (market value, $59,013 for 2000
      and $65,957 for 1999)                                58,757        65,849
   Available-for-sale, at market                          370,131       361,503
--------------------------------------------------------------------------------
        Total investment securities                       428,888       427,352
--------------------------------------------------------------------------------
Loans held-for-sale                                        33,820        32,444
Loans, net of allowance for loan losses of $26,835
   in 2000 and $26,010 in 1999                          1,635,251     1,596,194
Land, buildings and equipment, net                         39,067        38,656
Other assets                                               89,851        88,019
--------------------------------------------------------------------------------
      Total assets                                     $2,367,425    $2,338,453
-------------------------------------------------------=========================

Liabilities and Stockholders' Equity
--------------------------------------------------------------------------------
   Deposits                                            $1,855,696    $1,818,476
   Short-term borrowings:
      Federal funds purchased and securities sold
         under agreements to repurchase                   262,834       270,316
      Other                                                 4,153        10,392
--------------------------------------------------------------------------------
        Total short-term borrowings                       266,987       280,708
--------------------------------------------------------------------------------

   Accounts payable and accrued liabilities                22,360        17,886
   Notes payable                                           10,000        10,000
   Guaranteed preferred beneficial interests in the
       Company's subordinated debentures                   57,500        57,500
--------------------------------------------------------------------------------
          Total liabilities                             2,212,543     2,184,570
--------------------------------------------------------------------------------

Stockholders' equity:
   Common stock, $5 par value; 10,000,000
     shares authorized, 2,783,650 shares issued
     in 2000 and 1999                                      13,918        13,918
   Capital surplus                                         21,672        21,673
   Retained earnings                                      159,391       156,653
   Treasury stock, at cost (401,669 shares in
     2000 and 391,498 shares in 1999)                     (37,343)      (35,965)
   Unrealized securities gains (losses), net of tax        (2,756)       (2,396)
--------------------------------------------------------------------------------
          Total stockholders' equity                      154,882       153,883
--------------------------------------------------------------------------------
      Total liabilities and stockholders' equity       $2,367,425    $2,338,453
-------------------------------------------------------=========================

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 March 31,
                                                              ------------------

                                                                2000      1999
--------------------------------------------------------------------------------
Interest income:
   Loans                                                      $36,283   $30,445
   Investment securities                                        6,426     5,473
   Federal funds sold and securities purchased under
      agreements to resell, and other                             748       601
--------------------------------------------------------------------------------
       Total interest income                                   43,457    36,519
--------------------------------------------------------------------------------
Interest expense:
   Deposits                                                    15,330    12,577
   Federal funds purchased and securities sold under
      agreement to repurchase                                   3,686     2,569
   Convertible capital notes                                        0       241
   Subordinated debentures                                      1,184     1,185
   Other borrowings                                               304       293
--------------------------------------------------------------------------------
       Total interest expense                                  20,504    16,865
--------------------------------------------------------------------------------
       Net interest income                                     22,953    19,654
Provision for loan losses                                       2,655     2,280
--------------------------------------------------------------------------------
       Net interest income after provision for loan losses     20,298    17,374
--------------------------------------------------------------------------------
Noninterest income:
   Service charges on deposit accounts                          3,227     2,750
   Fiduciary income                                             3,159     3,247
   Credit card fees                                             2,416     2,187
   Securities gains                                                 0       163
   Other service charges, fees and income                       2,990     2,749
--------------------------------------------------------------------------------
       Total noninterest income                                11,792    11,096
--------------------------------------------------------------------------------
Noninterest expenses:
   Salaries and employee benefits                              11,595     9,999
   Professional services                                        2,947       837
   Net occupancy and equipment expense                          2,815     2,392
   Advertising and promotional activities                       1,239       900
   Data processing expense                                      1,287     1,088
   Supplies                                                       669       540
   Postage and dispatch                                           671       494
   Goodwill amortization                                          653       403
   Deposit insurance assessment                                    99        63
   Other                                                        2,402     2,428
--------------------------------------------------------------------------------
       Total noninterest expenses                              24,377    19,144
--------------------------------------------------------------------------------
       Income before provision for income taxes                 7,713     9,326
Provision for income taxes                                      3,183     3,626
--------------------------------------------------------------------------------
       Net income                                               4,530     5,700
Other comprehensive income (loss)                                (360)     (511)
--------------------------------------------------------------------------------
       Comprehensive income                                   $ 4,170   $ 5,189
--------------------------------------------------------------==================
Per share data:
   Basic earnings per share                                     $1.90     $2.80
--------------------------------------------------------------==================
   Diluted earnings per share                                   $1.88     $2.40
--------------------------------------------------------------==================
Cash Dividends                                                  $0.75     $0.60
--------------------------------------------------------------==================

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


<PAGE>


                          INTRUST Financial Corporation
                      Consolidated Statements of Cash Flows
                                   (Unaudited)
                            (in thousands of dollars)
                                                             Three Months Ended
                                                                  March 31,
                                                           ---------------------
                                                              2000        1999
--------------------------------------------------------------------------------
Cash provided (absorbed) by operating activities:
 Net Income                                                 $  4,530   $  5,700
Adjustments to reconcile net income to net
 cash provided by operating activities:
   Provision for loan losses
                                                               2,655      2,280
   Provision for depreciation and amortization                 2,238      1,774
   Amortization of premium and accretion of discount on
         investment securities                                  (279)       (20)
   Gain on sale of investment securities                           0       (163)
   Loss on retirement of convertible capital notes                 0        144
   Changes in assets and liabilities:
    Loans held for sale                                       (1,376)     4,169
    Prepaid expenses and other assets                           (423)    (2,025)
    Income taxes                                               3,130      3,571
    Interest receivable                                       (1,603)      (821)
    Interest payable                                           1,565      2,035
    Other liabilities                                           (442)    (1,011)
    Other                                                         22          0
--------------------------------------------------------------------------------
     Net cash provided by operating activities                10,017     15,633
--------------------------------------------------------------------------------
Cash provided (absorbed) by investing activities:
   Purchase of investment securities                         (48,358)   (32,000)
   Investment securities matured or called                    46,500     49,877
   Proceeds from sale of investment securities                     0        214
   Net increase in loans                                     (42,140)   (56,700)
   Purchases of land, buildings and equipment                 (1,827)    (1,622)
   Proceeds from sale of equipment                                44          1
   Proceeds from sale of other real estate
     and repossessions                                           524        336
   Other                                                        (329)      (202)
--------------------------------------------------------------------------------
     Net cash absorbed by investing activities               (45,586)   (40,096)
--------------------------------------------------------------------------------
Cash provided (absorbed) by financing activities:
   Net increase (decrease) in deposits                        37,220    (30,308)
   Net decrease in short-term borrowings                     (13,721)    (1,213)
   Retirement of convertible capital notes                        (1)      (187)
   Cash dividends                                             (1,791)    (1,221)
   Purchase of treasury stock                                 (1,378)      (488)
--------------------------------------------------------------------------------
     Net cash provided (absorbed) by financing activities     20,329    (33,417)
--------------------------------------------------------------------------------

       Decrease in cash and cash equivalents                 (15,240)   (57,880)

Cash and cash equivalents at beginning of period             155,788    200,606
--------------------------------------------------------------------------------

Cash and cash equivalents at end of period                  $140,548   $142,726
------------------------------------------------------------====================

Supplemental disclosures
   Interest paid                                             $18,939    $14,830
   Income tax paid                                           $    53    $    33

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


<PAGE>




                          INTRUST Financial Corporation
                   Notes to Consolidated Financial Statements
                                   (Unaudited)




1.  Principles of Consolidation and Presentation

The  accompanying  consolidated  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  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  1999  INTRUST
Financial  Corporation  Annual  Report on Form  10-K.  Reference  is made to the
"Notes to Consolidated  Financial Statements" under Item 8 of the 1999 Form 10-K
for additional disclosure.


2.  Allowance for Loan Losses

The following is a summary of the allowance for loan losses for the three months
ended March 31, 2000 and 1999 (in thousands):

                                                       2000          1999
    -----------------------------------------------------------------------
    Balance, January 1                               $26,010       $21,703
    Additions:
      Provision for loan losses                        2,655         2,280
    -----------------------------------------------------------------------
                                                      28,665        23,983
    Deductions:
      Loans charged off                                2,479         1,868
      Less recoveries on loans
          previously charged off                         649           603
    -----------------------------------------------------------------------
      Net loan losses                                  1,830         1,265
    -----------------------------------------------------------------------
    Balance, March 31                                $26,835       $22,718
    -------------------------------------------------======================


Statement  of Financial  Accounting  Standards  ("SFAS")  No. 114 requires  that
certain impaired loans be measured based on the present value of expected future
cash flows  discounted  at the loan's  original  effective  interest  rate. As a
practical  expedient,  impairment may be measured based on the loan's observable
market  price or the  fair  value of the  collateral  if the loan is  collateral
dependent.  When the  measure  of the  impaired  loan is less than the  recorded
investment  in  the  loan,  the  impairment  is  recorded  through  a  valuation
allowance.

Less than 1% of the Company's total loan portfolio meet the criteria  defined in
SFAS Nos.  114 and 118 for  classification  as an  impaired  loan.  The  Company
maintained a valuation  allowance related to loans considered impaired of $0 and
$11,000  at March  31,  2000  and 1999  respectively.  Interest  income  on this
classification  of loans has been recorded by the Company in a manner consistent
with its income  recognition  policies on other  loans.  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  and,  for  1999,  assumes  that the 9%  convertible
subordinated  capital  notes  had been  converted  into  common  stock as of the
beginning  of the period with  related  adjustments  to interest  and income tax
expense. The following is a reconciliation of the numerators and denominators of
basic and diluted earnings per share:


                                                             Three Months Ended
                                                                  March 31
--------------------------------------------------------------------------------
                                                               2000       1999
--------------------------------------------------------------------------------
Net income for basic earnings per share                       $4,530     $5,700
Interest expense on convertible debt, net of taxes                 0        149
--------------------------------------------------------------------------------
Net income for diluted earnings per share                     $4,530     $5,849
-----------------------------------------------------------=====================

Weighted average shares for basic earnings per share       2,384,812  2,033,548
Shares issuable upon exercise of stock options                28,965     39,482
Shares issuable upon conversion of capital notes                   0    359,728
--------------------------------------------------------------------------------
Weighted average shares for diluted earnings per share     2,413,777  2,432,758
-----------------------------------------------------------=====================


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.

There has been no  material  change in total  segment  assets or in the basis of
segmentation since the last annual report.  However, as a result of changes made
in the Company's management reporting structure, the Kansas bank offices located
in  communities  outside of the Wichita,  Kansas  metropolitan  area,  that were
previously  reported  within the  community  banking  segment,  are now reported
within the consumer and commercial banking segments.  Reporting for the Oklahoma
bank offices remains in the community  banking  segment.  The following  segment
information  has been  restated,  for all  periods  presented,  to reflect  this
change.

                                                             Three Months Ended
                                                                  March 31,
                                                               2000       1999
  ------------------------------------------------------------------------------
  Revenues from external customers
    Consumer banking                                         $21,210    $21,772
    Commercial banking                                         9,699      7,953
    Wealth management                                          4,104      3,759
    Community banking                                          1,492      1,622

  Intercompany revenues
    Consumer banking                                         $  (115)   $(2,448)
    Commercial banking                                             0          0
    Wealth management                                            114        120
    Community banking                                            264         80

  Segment profit
    Consumer banking                                         $ 5,409    $ 5,476
    Commercial banking                                         5,063      4,900
    Wealth management                                            975        747
    Community banking                                            536        518
  ------------------------------------------------------------------------------
      Profit from segments                                    11,983     11,641
      Expenses at corporate level not allocated to segments   (4,270)    (2,315)
  ------------------------------------------------------------------------------
        Consolidated income before tax                       $ 7,713    $ 9,326
  -----------------------------------------------------------===================



           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 March 31, 2000 totaled  $4,530,000,  declining  $1,170,000 from the
comparable  period of 1999.  Litigation and settlement costs incurred during the
first quarter this year resulted in an increase in  professional  services costs
of  slightly  more than  $2,100,000.  In  addition,  year-over-year  results are
impacted  by  the  Company's  acquisition  of the  Kansas  branches  of  another
financial  institution late in the third quarter of 1999 and the introduction of
a new advertising campaign in March, 2000.

NET INTEREST INCOME.  Net interest income increased  $3,299,000,  or 16.8%, over
prior year levels, as average  interest-earning  assets increased  approximately
14% over  comparable  prior  year  amounts,  and the  Company  recorded a modest
year-over-year  improvement in its interest spread. Loan growth continued during
the first quarter. Average loans increased approximately $60 million over fourth
quarter,  1999  levels.  The majority of this growth  occurred in the  Company's
commercial  loan  portfolio,  as  growth  rates  in the  consumer  segment  have
moderated.  The  Company's  net  interest  income in the first  quarter  of 2000
increased  nominally from the level recorded during the preceding  quarter.  Net
interest  income for the quarter  ended March 31, 2000 was $22,953,  compared to
$22,505 in the fourth  quarter of 1999.  While the  Company  did record a modest
year-over-year increase in its interest spread, there was no change in the first
quarter interest spread as compared to that of the preceding quarter.

Yields on average  interest-earning  assets  increased eight basis points during
the quarter  ended March 31, 2000.  While the Federal  Reserve  raised  interest
rates twice during the quarter,  one of the increases was made during the second
half  of  March  and  had  little  impact  on the  Company's  overall  yield  on
interest-earning  assets.  The Company  experienced no significant change in the
composition of its interest-earning assets in the first quarter. Loans comprised
77% of average  interest-earning  assets  during the first  quarter,  increasing
approximately 1% over the comparable prior quarter amount.

Funding  costs have  continued to rise  slightly.  The cost of  interest-bearing
liabilities  was eight basis points higher than the  comparable  fourth  quarter
1999 amount. The increase would have been approximately twelve basis points, but
the maturity of the Company's  convertible  capital  notes  resulted in $206,000
less interest  expense in the first quarter  compared to fourth quarter  totals.
The Company operates in what it believes to be very competitive  markets, and it
has offered premium  pricing on selected  products in some of the new markets it
entered in the second half of 1999.

The Company  believes  its  principal  markets  will  continue  to remain  quite
competitive.  As a result, the Company  anticipates  compression in its interest
margin during the remainder of the year.

PROVISION FOR LOAN LOSSES.  The Company  recorded a provision for loan losses of
$2,655,000 in the first quarter,  increasing $55,000 from the amount recorded in
the preceding quarter and $375,000 over the amount recorded in the first quarter
of 1999. Charge-offs in the first quarter totaled $2,479,000. This represents an
increase of $475,000 over  comparable  prior quarter  amounts and an increase of
$611,000 over comparable prior year amounts.  The increase in charge-offs is due
principally  to the  charge-off of a loan to a customer in the retail  industry.
The  Company  has  noted no  trends  during  the  quarter  that  would  point to
particular  exposure  issues with respect to a given  industry or segment of the
loan portfolio.  Nonaccrual and past due loans  increased  nominally in terms of
dollars but were  unchanged  when viewed as a percentage  of total loans.  These
loans comprised .26% of total loans at March 31, 2000 and December 31, 1999. The
comparable percentage at March 31, 1999 was .41%.

The Company's  allowance for loan losses at March 31, 2000 was equal to 1.61% of
total loans and 627% of loans  considered risk elements.  Comparable  amounts at
December  31, 1999 and March 31,  1999 were 1.60% and 624%,  and 1.55% and 377%,
respectively. All segments of the loan portfolio are generally performing as had
been expected.  As noted above,  the majority of the commercial  lending segment
charge-offs  arose from the  charge-off  of one  credit in the retail  industry.
Management  will continue to actively  review the activity in its loan portfolio
to ensure that the provision  for loan losses and  resultant  allowance for loan
losses remain adequate to appropriately  address the credit risk existing in the
portfolio.  Should the  Company's  assessment of its credit risk for the rest of
the year remain  consistent  with that  experienced to date, it is expected that
the 2000  provision  for loan losses will be  approximately  equal to the amount
recorded in 1999.




Summary of Loan Loss Experience
--------------------------------------------------------------------------------
                                                                March 31,
                                                           2000         1999
--------------------------------------------------------------------------------
Amount of loans at period-end                          $1,662,086   $1,469,682
-------------------------------------------------------=========================

YTD Average loans outstanding                          $1,643,454   $1,431,593
-------------------------------------------------------=========================

Beginning balance of allowance for loan losses            $26,010      $21,703

Loans charged-off
   Commercial, Financial and Agricultural                     987          241
   Credit Card                                              1,073        1,181
   Installment                                                419          446
--------------------------------------------------------------------------------
Total loans charged off                                     2,479        1,868
--------------------------------------------------------------------------------

Recoveries on charge-offs
   Commercial, Financial and Agricultural                     164          248
   Real Estate-Mortgage                                        16            3
   Credit Card                                                335          234
   Installment                                                134          118
--------------------------------------------------------------------------------
Total recoveries                                              649          603
--------------------------------------------------------------------------------

Net loans charged off                                       1,830        1,265

Provision charged to expense                                2,655        2,280
--------------------------------------------------------------------------------

Ending balance of allowance for loan losses               $26,835      $22,718
----------------------------------------------------------======================

Net charge-offs/average loans                               0.11%        0.09%
----------------------------------------------------------======================

Allowance for loan losses/loans at period-end               1.61%        1.55%
----------------------------------------------------------======================


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.

                                            March 31, 2000     December 31, 1999
--------------------------------------------------------------------------------
                                                    Percent             Percent
                                           Amount   Of Total   Amount   of Total
--------------------------------------------------------------------------------
Commercial, Financial  and Agricultural  $  817,213    49.2% $  775,027    47.8%
Real Estate-Construction                     68,709     4.1      63,112     3.9
Real Estate-Mortgage                        338,800    20.4     326,174    20.1
Installment, excluding credit card          316,069    19.0     330,732    20.4
Credit card                                 121,295     7.3     127,159     7.8
--------------------------------------------------------------------------------
  Subtotal                                1,662,086   100.0%  1,622,204   100.0%
Allowance for loan losses                   (26,835)            (26,010)
--------------------------------------------------------------------------------
  Total                                  $1,635,251          $1,596,194
-----------------------------------------=======================================

As noted above,  loans  considered risk elements,  as presented in the following
table were  little-changed  this quarter.  These loans  comprised  .26% of total
loans at both  December 31, 1999 and March 31, 2000.  Management is not aware of
issues that would significantly  impact the credit quality of the loan portfolio
in 2000.  Management  believes the  allowance  for loan losses to be adequate at
this time.

                                                  March, 31        December 31,
                                                    2000               1999
--------------------------------------------------------------------------------
     Loan Categories
        Nonaccrual Loans                           $3,021             $3,063
        Past Due 90 days or more                    1,261              1,105
--------------------------------------------------------------------------------
          Total                                    $4,282             $4,168
-------------------------------------------------===============================

LIQUIDITY AND CAPITAL  RESOURCES.  The Company  considered  its liquidity  level
adequate  at March 31,  2000.  Continued  strong  growth in the  Company's  loan
portfolio  resulted in the loan/deposit  ratio equaling 89.6% at March 31, 2000.
Comparable amounts at December 31, 1999 and March 31, 1999 were 89.2% and 90.9%,
respectively.  The  Company  became a member  of the  Federal  Home Loan Bank of
Topeka during the first quarter,  providing 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 70% of the Company's  investment  portfolio is comprised of United
States  government  and  agency  securities,   with  mortgage-backed  securities
representing  another  28% of the  portfolio.  The  Company  maintains  a  short
weighted average maturity in this portion of its investment portfolio.  At March
31, 2000, the average maturity of United States government and agency securities
and mortgage-backed securities was 1 year and 6 months, and the average maturity
of municipal securities was 3 years and 7 months.

The Company has thoroughly  reviewed its investment  security  portfolio and has
determined  that at March 31,  2000,  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 March 31, 2000, the Company's total capital to risk-weighted assets ratio was
10.5% and its Tier 1 capital to risk-weighted assets ratio was 9.0%.

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

OTHER  INCOME  AND OTHER  EXPENSE.  First  quarter  noninterest  income  totaled
$11,792,000, increasing approximately 6.3% over first quarter, 1999 amounts, but
declining  3.4%  from the  comparable  fourth  quarter,  1999  amount.  Seasonal
transactional  activity  in the  fourth  quarter  will  typically  result in the
Company  recording lesser amounts of OD and NSF fee income and ATM fee income in
the first quarter of a year.

Service charges on deposit  accounts  increased 17.3% over comparable prior year
amounts. The Company has recorded a year-over-year increase of approximately 22%
in the number of deposit accounts  serviced,  with most of that increase arising
from the accounts acquired by the Company in its purchase in September,  1999 of
the Kansas branches of another financial  institution.  During the first quarter
of 2000, deposit accounts serviced grew at an annualized rate of 2%.

Fiduciary  income,  after  increasing  significantly  in 1997,  1998  and  1999,
declined  2.7% in the  first  quarter  from  prior  year  levels.  Assets  under
management at March 31, 2000 were  approximately  equal to the comparable  March
31, 1999 amount,  but the Company  experienced a shift in the composition of its
assets under management, resulting in the modest decline in fee income.

Credit  card fees were flat when  compared  to fourth  quarter  amounts but were
10.5% greater than  comparable  1999  amounts.  Fourth  quarter  credit card fee
income is impacted by seasonal holiday purchase activity, resulting in increases
in cash advance fee income.  In addition,  promotional  payment  options usually
offered in the first  quarter  result in slightly  lower levels of  non-interest
income being generated through the Company's  securitized  credit card accounts.
The  year-over-year  change in  credit  card fees  reflects  increased  merchant
activity and repricing efforts initiated in 1999 and continuing in 2000.

As noted in previous filings,  the Company does not engage in securities trading
activity. The securities gains recorded in 1999 were the result of a contractual
agreement  specifying  the sale over a three-year  period of stock acquired in a
previous  acquisition.  The  sale  in  1999  was the  last  installment  of that
agreement, and there are no other similar agreements.

Other service  charges,  fees and income  declined  $126,000 from fourth quarter
amounts  but  increased  8.8% over  comparable  1999  amounts.  Letter of credit
transaction  activity  declined  during  the first  quarter,  and also  declined
$56,000   from    comparable    1999   amounts.    This   revenue    source   is
transaction-dependent,  and the Company has recorded reduced  transaction volume
this year. ATM activity also declined this quarter.  This  quarterly  decline in
ATM  activity  is a  seasonal  issue;  year-over-year  ATM fees  have  increased
approximately  10%. The Company also continues to wind-down its automobile  loan
securitization  conduit,  resulting in a decreased  level of noninterest  income
from this revenue  source.  Offsetting  these  declines  were  revenues from the
Company's  broker-dealer  subsidiary.  INTRUST  Financial  Services  recorded  a
year-over-year increase in revenue of $254,000.

Total  noninterest  expense has increased  $5,233,000,  or 27.3% over comparable
prior year  amounts.  Two  factors  are  responsible  for the  majority  of this
increase. First, as has been discussed in previous filings, the Company acquired
the Kansas branches of another  financial  institution in September,  1999. As a
result of this acquisition,  the Company  significantly  expanded its geographic
presence and entered a number of new markets.  This has generated a higher level
of staffing,  occupancy  and  operational  costs.  Second,  as noted above,  the
Company   incurred  legal  and  settlement  costs  associated  with  outstanding
litigation.  Costs  associated  with the  resolution  of this issue  generated a
$2,100,000 increase in professional services expense this quarter.

Salaries and  employee  benefit  costs have  increased  $1,596,000,  or 16% over
comparable  1999  amounts.  Approximately  one-third of this  increase is due to
staffing costs  associated  with the branch  acquisition  discussed  above.  The
Company's  FTEs at March 31, 2000 were 16% higher than  comparable  1999 totals.
One-half of the FTE  increase  was  attributable  to  personnel  in place at the
Company's  new  locations.  Also  contributing  to the  increase in salaries and
employee benefit costs were increases in employee education, pension expense and
payroll  taxes.  These  increases   accounted  for  approximately   $220,000  in
additional costs this year.

Net occupancy and equipment expense increased 17.7% over prior year amounts. 83%
of this increase was  attributable  to costs  associated  with the Company's new
locations.  Advertising  and  promotional  costs have  increased  $339,000  over
comparable 1999 amounts. The Company has undertaken a major advertising campaign
this year. The Company  expects that quarterly  advertising  costs in the second
quarter will also be appreciably higher than prior year amounts. Data processing
expense  has  increased  $199,000,  or 18.3%  over  1999  amounts.  Much of this
increase is  attributable  to the increased  account volumes now serviced by the
Company.  As noted  previously,  the Company is now  servicing  22% more deposit
accounts  than it was at this  time last  year.  In  addition,  the  Company  is
actively  engaged in various  initiatives  associated with its Internet  banking
applications.  Increases  have also been  recorded in  supplies  and postage and
dispatch  costs.  Again,  the  acquisition  of the new  accounts and branches in
September,  1999 is the  principal  reason for the increase in these costs.  The
Company is now corresponding  with a larger account base, and courier costs have
increased as the Company's geographic presence has expanded.

The year-over-year  increase in goodwill amortization was $250,000.  This is due
solely to the goodwill recorded in the branch acquisition discussed elsewhere.

NEW ACCOUNTING  STANDARDS.  Statement of Financial Accounting Standards No. 133,
"Accounting  for Derivative  Instruments  and Hedging  Activities",  establishes
accounting and reporting standards for derivative instruments, including certain
derivative  instruments  embedded in other contracts and for hedging activities.
This  Statement is effective for all fiscal  quarters of fiscal years  beginning
after June 15, 2000.

The Company does not  anticipate  that adoption of Statement No. 133 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
              Exhibit No.                   Description
               27                          Financial Data Schedule

          (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:  May 12, 2000                        By: /s/ C.Q. Chandler IV
                                               ---------------------
                                               C.Q. Chandler IV
                                               President
                                               (Principal Executive Officer)




Date:  May 12, 2000                          By: /s/ Jay L. Smith
                                                 -----------------
                                                 Jay L. Smith
                                                 Chief Financial Officer
                                                 (Principal Accounting Officer)



<PAGE>


EXHIBIT INDEX


    Number                Description
    ------                -----------
      27                  Financial Data Schedule