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, 1997

                                       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                                67201
  Box One                                              -----     
  Wichita, Kansas                                      (Zip Code)
  ---------------
  (Address of principal                                (316) 383-1111
  executive offices)                                   --------------
                                                       (Registrant's
                                                        telephone number)


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. X Yes   No
                                  ---   ---

At October 14, 1997,  there were  2,174,794  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                                                   1997           1996
--------------------------------------------------------------------------------
Cash and cash equivalents:
   Cash and due from banks                           $   139,125     $  123,378
   Federal funds sold and securities purchased
      under agreements to resell                          42,720         61,726
--------------------------------------------------------------------------------
        Total cash and cash equivalents                  181,845        185,104
--------------------------------------------------------------------------------
Investment securities:
   Held-to-maturity (market value, $280,715 for
      1997 and $293,098 for 1996)                        279,353        291,404
   Available-for-sale, at market                           3,974          1,498
   Equity, at cost                                         2,787          2,736
--------------------------------------------------------------------------------
        Total investment securities                      286,114        295,638
--------------------------------------------------------------------------------
Loans held-for-sale, net of unrealized losses of
   $0 in 1997 and $29,120 in 1996                         16,316        102,063
Loans, net of allowance for loan losses of
   $17,901 in 1997 and $15,536 in 1996                 1,217,155      1,038,576
Land, buildings and equipment, net                        26,124         28,501
Other assets                                              70,036         71,520
--------------------------------------------------------------------------------
      Total assets                                    $1,797,590     $1,721,402
------------------------------------------------------==========================
Liabilities and Stockholders' Equity
--------------------------------------------------------------------------------
   Deposits                                           $1,436,663     $1,428,395
   Short-term borrowings:
      Federal funds purchased and securities sold
        under agreements to repurchase                   165,451        117,726
      Other                                               10,929         11,149
--------------------------------------------------------------------------------
        Total short-term borrowings                      176,380        128,875
--------------------------------------------------------------------------------
   Accounts payable and accrued liabilities               18,122         13,159
   Notes payable                                          25,500         17,660
   Convertible capital notes                              11,219         11,219
--------------------------------------------------------------------------------
          Total liabilities                            1,667,884      1,599,308
--------------------------------------------------------------------------------
Stockholders' equity:
   Common stock, $5 par value; 10,000,000 shares
     authorized, 2,415,071 shares issued                  12,075         12,075
   Capital surplus                                        12,377         12,377
   Retained earnings                                     121,807        112,374
   Treasury stock, at cost (240,277 shares in
      1997 and 210,161 shares in 1996)                   (17,047)       (14,799)
   Unrealized securities gains, net of tax                   494             67
--------------------------------------------------------------------------------
          Total stockholders' equity                     129,706        122,094
--------------------------------------------------------------------------------
      Total liabilities and stockholders' equity      $1,797,590     $1,721,402
------------------------------------------------------==========================

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



<PAGE>


                          INTRUST Financial Corporation

                   Consolidated Condensed Statements of Income
            (Unaudited - dollars in thousands except per share data)

                                           Three Months          Nine Months
                                        Ended September 30,  Ended September 30,
                                        -------------------  -------------------
                                            1997     1996      1997      1996
--------------------------------------------------------------------------------
Interest income:
   Loans                                   $29,054  $27,313   $82,973   $79,970
   Investment securities                     4,377    5,353    13,191    16,084
   Federal funds sold and securities
      purchased under agreements to
      resell, and other                        481      538     1,477     3,412
--------------------------------------------------------------------------------
       Total interest income                33,912   33,204    97,641    99,466
--------------------------------------------------------------------------------
Interest expense:
   Deposits                                 12,464   11,772    36,597    35,272
   Federal funds purchased and securities
      sold under agreement to repurchase     1,983    1,646     5,601     4,794
   Convertible capital notes                   252      252       757       784
   Other borrowings                            522      422     1,468     1,282
--------------------------------------------------------------------------------
       Total interest expense               15,221   14,092    44,423    42,132
--------------------------------------------------------------------------------
       Net interest income                  18,691   19,112    53,218    57,334
   Provision for write-down of loans
      held-for-sale                              0        0     4,645         0
Provision for loan losses                    2,300    6,121     6,320    15,901
--------------------------------------------------------------------------------
       Net interest income after
         provision for loan losses          16,391   12,991    42,253    41,433
--------------------------------------------------------------------------------
Noninterest income:
   Service charges on deposit accounts       2,552    2,279     7,418     6,865
   Trust department fees                     2,158    1,497     5,569     4,276
   Credit card fees                          3,353    2,716     9,990     8,680
   Securities gains                              0       37       165        37
   Other service charges, fees and income    2,478    1,773     7,842     5,084
--------------------------------------------------------------------------------
       Total noninterest income             10,541    8,302    30,984    24,942
--------------------------------------------------------------------------------
Noninterest expenses:
   Salaries and employee benefits            9,040    8,066    26,206    23,604
   Net occupancy and equipment expense       2,291    2,011     6,361     6,245
   Data processing expense                     850      907     2,632     2,664
   Supplies                                    577      531     1,732     1,509
   Deposit insurance assessment                 59      862        91     1,050
   Postage and dispatch                        546      548     1,690     1,741
   Advertising and promotional activities      870    1,020     2,954     3,076
   Goodwill amortization                       404      399     1,211     1,197
   Other                                     4,112    3,464    12,094    10,190
--------------------------------------------------------------------------------
       Total noninterest expenses           18,749   17,808    54,971    51,276
--------------------------------------------------------------------------------
       Income before provision for
         income taxes                        8,183    3,485    18,266    15,099
Provision for income taxes                   3,035      993     6,521     5,406
--------------------------------------------------------------------------------
       Net income                          $ 5,148  $ 2,492  $ 11,745   $ 9,693
-------------------------------------------=====================================
Per share data:
   Net income - assuming no dilution         $2.34    $1.11     $5.34     $4.20
   Net income - assuming full dilution       $2.06    $1.03     $4.75     $3.80
Cash Dividends                               $0.35    $0.35     $1.05     $0.95

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,
                                                               1997      1996
--------------------------------------------------------------------------------
Cash provided (absorbed) by operating activities:
 Net Income                                                 $  11,745  $  9,693
Adjustments to reconcile net income to net
 cash provided by operating activities:
   Provision for loan losses and write-downs                   10,965    15,901
   Provision for depreciation and amortization                  5,057     5,046
   Amortization of premium and accretion of discount on
      investment securities                                      (311)      126
   Gain on sale of investment securities                         (165)      (37)
   Changes in assets and liabilities:
    Loans held for sale                                        (3,412)     (344)
    Prepaid expenses and other assets                           1,026    (2,547)
    Income taxes                                                1,546    (1,593)
    Interest receivable                                        (2,235)      161
    Interest payable                                            5,717     6,218
    Other liabilities                                            (444)    1,089
    Other                                                         321      (192)
--------------------------------------------------------------------------------
     Net cash provided by operating activities                 29,810    33,521
--------------------------------------------------------------------------------
Cash provided (absorbed) by investing activities:
   Purchase of investment securities                          (93,747) (101,005)
   Investment securities matured or called                    102,727    96,356
   Proceeds from sale of investment securities                  1,463       472
   Net increase in loans                                     (102,813)  (94,559)
   Purchases of land, buildings and equipment                  (3,272)   (2,845)
   Proceeds from sale of land, buildings and equipment          2,286        12
   Proceeds from sale of other real estate
      and repossessions                                         2,371     2,847
   Other                                                       (1,138)     (157)
--------------------------------------------------------------------------------
     Net cash absorbed by investing activities                (92,123)  (98,879)
--------------------------------------------------------------------------------
Cash provided (absorbed) by financing activities:
   Net increase (decrease) in deposits                          8,268    (9,699)
   Net increase in short-term borrowings                       47,505     4,063
   Payment on notes payable                                      (160)   (2,650)
   Retirement of convertible capital notes                          0       (57)
   Proceeds from notes payable                                  8,000         0
   Cash dividends                                              (2,312)   (2,213)
   Purchase of treasury stock                                  (2,247)  (10,360)
--------------------------------------------------------------------------------
     Net cash provided (absorbed) by financing activities      59,054   (20,916)
--------------------------------------------------------------------------------
       Decrease in cash and cash equivalents                   (3,259)  (86,274)

Cash and cash equivalents at beginning of period              185,104   214,983
--------------------------------------------------------------------------------
Cash and cash equivalents at end of period                   $181,845  $128,709
-------------------------------------------------------------===================
Supplemental disclosures
   Interest paid                                              $38,706   $35,914
   Income tax paid                                            $ 4,975   $ 6,999

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  1996  INTRUST
Financial  Corporation  Annual  Report on Form  10-K.  Reference  is made to the
"Notes to Consolidated  Financial Statements" under Item 8 of the 1996 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, 1997 and 1996 (in thousands):

                                                         1997          1996
                                                       -------       -------
      Balance, January 1                               $15,536       $25,892
      Additions:
         Provision for loan losses                       6,320        15,901
                                                       -------       -------
                                                        21,856        41,793
      Deductions:
         Loans charged off                               5,349        16,151
         Less recoveries on loans
           previously charged off                        1,394         1,810
                                                       -------       -------
         Net loan losses                                 3,955        14,341
                                                       -------       -------
      Balance, September 30                            $17,901       $27,452
                                                       =======       =======   
       
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  of $662,000 at September  30, 1997 related to
loans considered  impaired.  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

Net income per share,  assuming no dilution, is computed based upon the weighted
average number of shares  outstanding plus average  incremental  shares of stock
outstanding  from the assumed  exercise of stock options.  Net income per share,
assuming full dilution,  is computed based upon the additional  assumption  that
the 9%  convertible  subordinated  capital notes had been  converted into common
stock as of the  beginning  of each  respective  period  presented  with related
adjustments to interest and income tax expense.  The weighted  average number of
shares  outstanding  for the three months ended September 30, 1997 and 1996 were
2,195,389  and 2,272,359  respectively.  The weighted  average  number of shares
outstanding for the nine months ended September 30, 1997 and 1996 were 2,199,537
and 2,309,563 respectively.

Pro forma  disclosures of earnings per share,  as if the fair value based method
of  accounting  as  defined  in SFAS  No.  123 had been  applied,  have not been
presented since such disclosures  would not result in material  differences from
the intrinsic value method followed by the Company.


<PAGE>


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



Unaudited  consolidated net income of INTRUST Financial Corporation for the nine
months ended  September  30, 1997 was  $11,745,000  an increase of $2,052,000 or
21.2% over that  recognized  during the same period of the  preceding  year.  As
noted in earlier  filings,  the  Company's  financial  results for the first six
months of 1997 were impacted by activities  associated  with the pending sale of
the majority of the  company's  national  credit card  portfolio.  This sale was
concluded mid-way through the third quarter,  and the Company believes its third
quarter  results are more  indicative of what now constitutes its core business.
The Company continues to experience growth in its commercial loan portfolio, and
is  beginning  to  experience  an increased  revenue  stream  arising from prior
investments in fee-generating businesses.

NET  INTEREST  INCOME.  As noted in previous  filings,  terms of the sale of the
national credit card portfolio have  significantly  impacted interest income. In
accordance   with  the  terms  of  that  sale,   interest   on   proportionately
higher-yielding  credit card loans was not recognized during 1997. Instead,  the
Company  recognized  interest  income  at a  LIBOR-based  rate.  This  has had a
negative impact on the yield on  interest-earning  assets, but has resulted in a
substantial  reduction in the provision for loan losses. As noted above,  growth
in the  Company's  commercial  loan  portfolio  continues  to be strong.  Loans,
including  loans  held-for-sale,  at September 30, 1997 totaled  $1,233,471,  an
increase of  approximately  $93 million  over  December  31, 1996  levels.  This
increase is  understated  to some degree given the sale of the  national  credit
card loans in August, 1997.

Yields on average  interest-earning  assets have  declined 14 basis  points from
third quarter 1996 levels, but have continued to improve throughout 1997. Yields
on  average   interest-earning  assets  in  the  third  quarter  have  increased
approximately 50 basis points over first quarter levels.  The Company  continues
to see a change in the  composition of its balance sheet,  as loan demand in its
primary markets has remained  strong.  Funds  previously  invested in relatively
lower-yielding  investment  securities  and  federal  funds are now  invested in
loans.  In addition,  the  consummation  of the sale of the national credit card
portfolio  resulted  in  increased  yields  as  funds  were  deployed  out  of a
LIBOR-based  investment into  higher-yielding  commercial loans. Loans comprised
80% of average  interest-earning  assets during the third  quarter of 1997.  The
comparable 1996 percentage was 74.2%.

After  increasing  five  basis  points  in the  second  quarter,  funding  costs
increased another seven basis points in the third quarter, with the average cost
of  interest-bearing  liabilities  equaling  4.65%.  The  Company  operates in a
competitive market for funds, and does not expect this environment to change. It
continues to evaluate alternative funding sources.

Loans, including loans held-for-sale, as a percentage of deposits, were 85.9% at
September 30, 1997 compared to 79.9% at December 31, 1996.

PROVISION  FOR LOAN LOSSES.  The  provision  for loan losses for the three month
period  ended  September  30, 1997 was  $2,300,000  compared  to a provision  of
$2,420,000 in the second quarter of 1997 and $6,121,000 in the comparable  third
quarter period of the preceding year. As noted in previous filings, terms of the
sale of the  national  credit card  portfolio  have  significantly  impacted the
Company's  provision  for loan losses.  All  activity on the national  portfolio
(including  charge-offs)  after December 31, 1996 flows to the  purchaser.  As a
result,  and as shown in the  accompanying  table, the Company has experienced a
significant  decline in 1997 charge-off  levels when compared to the same period
of 1996.  Total loans  charged-off  through the third quarter of 1997 were $10.8
million less than the 1996  charge-offs for the comparable  period,  with all of
this  decline  attributable  to a lesser level of credit card  charge-offs.  The
commercial, financial and agricultural sectors of the loan portfolio continue to
perform  well,  with a low level of  charge-offs.  The  increase  in  charge-off
activity in the installment  lending area is relatively modest and is a function
of increased outstandings in this segment of the loan portfolio. During 1997 the
Company's  provision  for  loan  losses  has  exceeded  its net  charge-offs  by
$2,365,000.  This is principally  due to the growth in the total loan portfolio,
and the Company  anticipates that this will continue in the fourth quarter.  The
Company  believes that its loan loss provision for the remainder of 1997 will be
less than that recorded in 1996.
<PAGE>

Summary of Loan Loss Experience
--------------------------------------------------------------------------------
                                                              September 30,
                                                            1997        1996
--------------------------------------------------------------------------------
Amount of loans at period-end                            $1,235,056  $1,141,265
---------------------------------------------------------=======================
YTD Average loans outstanding                            $1,173,578  $1,092,469
---------------------------------------------------------=======================
Beginning balance of allowance for loan losses              $15,536     $25,892

Loans charged-off
   Commercial, Financial and Agricultural                     1,139       1,127
   Real Estate-Mortgage                                          12          16
   Credit Card                                                2,835      13,827
   Installment                                                1,363       1,181
--------------------------------------------------------------------------------
Total loans charged off                                       5,349      16,151
--------------------------------------------------------------------------------
Recoveries on charge-offs
   Commercial, Financial and Agricultural                       694         723
   Real Estate-Mortgage                                          25          24
   Credit Card                                                  466         801
   Installment                                                  209         262
--------------------------------------------------------------------------------
Total recoveries                                              1,394       1,810
--------------------------------------------------------------------------------
Net loans charged off                                         3,955      14,341

Provision charged to expense                                  6,320      15,901
--------------------------------------------------------------------------------
Ending balance of allowance for loan losses                 $17,901     $27,452
------------------------------------------------------------====================
Net charge-offs/average loans                                  0.34%       1.31%
------------------------------------------------------------====================
Allowance for loan losses/loans at period-end                  1.45%       2.41%
------------------------------------------------------------====================

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.

                                       September 30, 1997   December 31, 1996
--------------------------------------------------------------------------------
                                                   Percent              Percent
                                         Amount   of Total    Amount   of Total
--------------------------------------------------------------------------------
Commercial, Financial
  and Agricultural                     $  574,983    46.6%  $  485,891    46.1%
Real Estate-Construction                   27,211     2.2       27,130     2.5
Real Estate-Mortgage                      225,207    18.2      210,591    20.0
Installment, excluding credit card        304,956    24.7      286,632    27.2
Credit card                               102,699     8.3       43,868     4.2
--------------------------------------------------------------------------------
  Subtotal                             $1,235,056   100.0%   1,054,112   100.0%
Allowance for loan losses                 (17,901)             (15,536)
--------------------------------------------------------------------------------
                                       $1,217,155           $1,038,576
---------------------------------------=========================================

Loans  considered risk elements,  as presented in the following  table,  totaled
 .51% of total loans at September  30,  1997,  compared to .77% of total loans at
June 30, 1997 and 1.03% at December  31, 1996.  The decline in loans  considered
risk elements is attributable to the sale of the national credit card portfolio.
At September 30, 1997, the Company's allowance for loan losses was equal to 282%
of those loans  considered  risk elements.  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.

                                                   September 30,   December 31,
                                                       1997            1996
--------------------------------------------------------------------------------
      Loan Categories
           Nonaccrual Loans                           $4,213         $ 5,208
           Past Due 90 days or more                    2,137           5,695
--------------------------------------------------------------------------------
      Total                                           $6,350         $10,903
------------------------------------------------------==========================

LIQUIDITY AND CAPITAL  RESOURCES.  The Company  considered  its liquidity  level
adequate at September 30, 1997. The average maturity of United States government
and agency securities in the investment  portfolio was 1 year and 7 months,  and
the average maturity of municipal securities was 4 years and 1 month.

The Company has thoroughly  reviewed its investment  security  portfolio and has
determined that at September 30, 1997, it has the ability and intent to hold all
securities in the portfolio that have been classified as  held-to-maturity.  The
Company  believes  the  regularly  scheduled   maturities  of  those  securities
presently   held  in  its  investment   portfolio,   along  with  other  funding
alternatives, such as the securitization of credit card receivables, its ability
to securitize  other  receivables,  such as automobile  loans, and federal funds
lines  available  through  other  financial   institutions   provide  sufficient
liquidity to meet depositors' needs and make available lendable funds within its
service area.

The Company's  capital position exceeds  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,
1997, the Company's  total capital to  risk-weighted  assets ratio was 9.15% and
its Tier 1 capital to risk-weighted assets ratio was 7.9%.

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.  Third  quarter  noninterest  income  increased
$2,239,000  or 27% over prior year levels.  The Company has  experienced  modest
increases in noninterest  income during each quarter of 1997. Service charges on
deposit accounts during the third quarter increased slightly over second quarter
levels. For the nine months ended September 30, 1997 this category of fee income
has increased 8% over prior year levels,  as the Company  continually  evaluates
product   pricing  and  has  realized  an  increase  in  revenue  from  charging
non-customers for their use of the Company's ATM network.

As noted in previous  filings,  the Company  anticipated  that trust fee revenue
growth in 1997 would exceed that  recognized  in 1996.  Third quarter 1997 trust
fees increased  $661,000 or 44%, over comparable 1996 amounts,  after increasing
$236,000 in the first quarter and $396,000 in the second quarter.  Growth in the
Company's  proprietary  mutual  funds  and an  increase  in trust  assets  under
management,  principally  in the personal trust area,  are  responsible  for the
growth in this noninterest income line item.

Credit  card fees  recognized  during  the third  quarter  increased  23.5% over
comparable  1996 amounts,  and have increased 15.1% for the first nine months of
1997.  Increased  merchant  processing  activity  has more than offset  declines
arising  from excess  servicing  fees  realized by the Company from its previous
securitization  and  sale  of  credit  card  receivables.  Through  the  end  of
September,  approximately  $38 million in previously  securitized  balances have
rolled back onto the balance sheet.  Other service  charges,  fees and income in
the third  quarter have  increased  $705,000  over  comparable  1996 levels.  As
previously  noted,  this increase is principally  attributable to servicing fees
and other  compensation  the Company has  received  relative to the  operational
services it performed for those accounts  contained in the national  credit card
portfolio.  It is anticipated  that the Company will not  experience  comparable
increases in this line item in future quarters now that the national credit card
portfolio has been sold.

Total noninterest expenses in the third quarter increased 5.3% over 1996 amounts
for the  comparable  period.  For the first  nine  months  of 1997,  noninterest
expenses  have  increased  7.2% over 1996  levels.  Increases  in  salaries  and
employee  benefits,  and increased  costs  associated  with merchant  processing
activities  continue to be the principal  causes of the increase in  noninterest
expense.

Third quarter employment  expenses increased  $974,000,  or 12.1%, over those of
the comparable period in 1996. Year-to-date,  employment expenses have increased
11%. As noted in previous filings, the Company has made significant  investments
in the  establishment  of  proprietary  mutual funds and  employee  benefit plan
support  services.  In addition,  the Company has increased its staff to support
certain  technology  initiatives  undertaken  in 1997.  The  Company has adopted
imaging technology during 1997,  developed an Internet banking product, and made
enhancements   to  its  call   center.   Employment   costs  in  the   Company's
operations/technology  area have  increased in support of these  activities.  At
September 30, 1997, the company had 899 full-time equivalent employees, compared
to 882 at September 30, 1996.

Occupancy and  equipment  expenses  recognized  in the third  quarter  increased
$280,000 from prior year levels.  This increase is attributable to the Company's
sale of the  KSB&T  facility  in the  third  quarter.  The sale of the  building
resulted in the recognition of a loss of approximately  $300,000.  Reductions in
future occupancy costs are expected because of the sale of this building.

FDIC assessment  charges in the third quarter were  appreciably  less than those
recognized  during the same period of the preceding  year because of the passage
on September 30, 1996 of the Deposit  Institution  Funding Act. This legislation
resulted in INTRUST  incurring a one-time charge in the third quarter of 1996 of
approximately $750,000. There have been no similar fluctuations in the Company's
deposit assessment costs in 1997.

As noted above, the principal cause of the increase in other noninterest expense
is due to  increased  expenses  involved  in the  higher  level of  credit  card
merchant processing activity.  Other areas of noninterest expense did not change
significantly from prior periods,  during either the quarter or when viewed on a
year-to-date basis.


NEW ACCOUNTING  STANDARDS.  Statement of Financial Accounting Standards No. 128,
"Earnings  per  Share",  establishes  standards  for  computing  and  presenting
earnings per share.  Statement No. 128 is effective for financial statements for
both  interim and annual  periods  ending after  December 15, 1997.  The Company
anticipates  that the adoption of Statement  No. 128 will not have a significant
impact on reported earnings per share.

In addition to Statement No. 128,  Statement of Financial  Accounting  Standards
Nos.  129, 130 and 131,  which are effective  for fiscal years  beginning  after
December 15, 1997,  require  additional  disclosure  information  with regard to
capital  structure,  comprehensive  income and  business  segments.  While these
Statements may impose  additional  disclosure  requirements on the Company,  the
Company  does not  anticipate  that  they  will  have a  significant  impact  on
operating results or its financial condition.

<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:   November 13, 1997                       By: /s/ C.Q. Chandler IV
                                                   ---------------------
   C. Q. Chandler IV
   President
   (Principal Executive Officer)




Date:   November 13, 1997                       By: /s/ Jay L. Smith
                                                   -----------------
   Jay L. Smith
   Chief Financial Officer
   (Principal Accounting Officer)



<PAGE>


                                  EXHIBIT INDEX



Number                   Description
           27                     Financial Data Schedule