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, 2001

                                       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 19, 2001, there were 2,340,326 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                                                    2001         2000
--------------------------------------------------------------------------------
Cash and cash equivalents:
   Cash and due from banks                             $   94,613    $  124,670
    Federal funds sold                                     38,215         7,865
--------------------------------------------------------------------------------
        Total cash and cash equivalents                   132,828       132,535
--------------------------------------------------------------------------------
Investment securities:
   Held-to-maturity (fair value, $33,085 for 2001
     and $41,295 for 2000)                                 34,075        40,767
   Available-for-sale, at fair value                      401,585       413,568
--------------------------------------------------------------------------------
        Total investment securities                       435,660       454,335
--------------------------------------------------------------------------------
Loans held-for-sale                                         3,021         2,037
Loans, net of allowance for loan losses of $26,959
  in 2001 and $28,972 in 2000                           1,745,703     1,699,647
Land, buildings and equipment, net                         47,404        46,363
Other assets                                               67,610        83,540
--------------------------------------------------------------------------------
      Total assets                                     $2,432,226    $2,418,457
--------------------------------------------------------========================

Liabilities and Stockholders' Equity
--------------------------------------------------------------------------------
   Deposits                                            $1,850,902    $1,844,302
   Short-term borrowings:
      Federal funds purchased and securities sold
        under agreements to repurchase                    284,931       296,277
      Other                                                 7,979         7,497
--------------------------------------------------------------------------------
        Total short-term borrowings                       292,910       303,774
--------------------------------------------------------------------------------

   Accounts payable and accrued liabilities                33,029        32,915
   Notes payable                                           10,500        10,500
   Guaranteed preferred beneficial interests in the
       Company's subordinated debentures                   57,500        57,500
--------------------------------------------------------------------------------
          Total liabilities                             2,244,841     2,248,991
--------------------------------------------------------------------------------

Stockholders' equity:
   Common stock, $5 par value; 10,000,000 shares
     authorized, 2,783,650 shares issued
     in 2001 and 2000                                      13,918        13,918
   Capital surplus                                         21,699        21,699
   Retained earnings                                      190,556       174,663
   Treasury stock, at cost (442,354 shares in 2001
     and 430,242 shares in 2000)                          (42,942)      (41,384)
   Accumulated other comprehensive income, net of tax       4,154           570
--------------------------------------------------------------------------------
          Total stockholders' equity                      187,385       169,466
--------------------------------------------------------------------------------
      Total liabilities and stockholders' equity       $2,432,226    $2,418,457
-------------------------------------------------------=========================

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          Nine Months
                                        Ended September 30,  Ended September 30,
                                        -------------------  -------------------
                                           2001     2000        2001      2000
--------------------------------------------------------------------------------
Interest income:
  Loans                                  $34,615  $39,229     $110,388  $114,240
  Investment securities                    5,982    6,815       19,534    20,007
  Federal funds sold and other               532      648        1,543     1,901
--------------------------------------------------------------------------------
      Total interest income               41,129   46,692      131,465   136,148
--------------------------------------------------------------------------------
Interest expense:
  Deposits                                14,422   16,696       46,706    47,799
  Federal funds purchased and securities
   sold under agreement to repurchase      2,164    4,171        9,034    12,220
  Subordinated debentures                  1,184    1,184        3,553     3,553
  Other borrowings                           195      821          702     1,721
--------------------------------------------------------------------------------
      Total interest expense              17,965   22,872       59,995    65,293
--------------------------------------------------------------------------------
      Net interest income                 23,164   23,820       71,470    70,855
Provision for loan losses                  3,215    2,655        8,805     7,965
--------------------------------------------------------------------------------
      Net interest income after
       provision for loan losses          19,949   21,165       62,665    62,890
--------------------------------------------------------------------------------
Noninterest income:
  Service charges on deposit accounts      4,755    3,511       13,010    10,183
  Fiduciary income                         3,120    3,146        9,216     9,383
  Credit card fees                         2,347    2,763        7,722     7,799
  Other service charges, fees and income   4,005    2,972       11,301     9,349
--------------------------------------------------------------------------------
      Total noninterest income            14,227   12,392       41,249    36,714
--------------------------------------------------------------------------------
Noninterest expenses:
  Salaries and employee benefits          12,221   11,444       36,189    34,639
  Net occupancy and equipment expense      3,388    3,030        9,967     8,764
  Data processing expense                  1,356    1,483        4,074     4,158
  Advertising and promotional activities     921      986        3,132     3,903
  Professional services                    1,055    1,052        2,597     4,036
  Postage and dispatch                       616      594        2,026     1,886
  Supplies                                   689      651        2,000     1,986
  Goodwill amortization                      594      635        1,798     1,942
  Other                                    2,315    2,252        6,988     7,578
--------------------------------------------------------------------------------
      Total noninterest expenses          23,155   22,127       68,771    68,892
--------------------------------------------------------------------------------
      Income before provision for
       income taxes                       11,021   11,430       35,143    30,712
Provision for income taxes                 4,259    4,470       13,616    12,227
--------------------------------------------------------------------------------
      Net income                           6,762    6,960       21,527    18,485
Other comprehensive income                 2,246    1,189        3,584     1,430
--------------------------------------------------------------------------------
      Comprehensive income               $ 9,008  $ 8,149      $25,111   $19,915
-----------------------------------------=======================================
Per share data:
  Basic earnings per share                 $2.89    $2.94        $9.18     $7.78
-----------------------------------------=======================================
  Diluted earnings per share               $2.86    $2.91        $9.09     $7.69
-----------------------------------------=======================================
  Cash Dividends                           $0.80    $0.75        $2.40     $2.25
-----------------------------------------=======================================

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
                                                          ----------------------
                                                             2001        2000
--------------------------------------------------------------------------------
Cash provided (absorbed) by operating activities:
 Net Income                                               $  21,527   $  18,485
Adjustments to reconcile net income to net cash
 provided by operating activities:
  Provision for loan losses                                   8,805       7,965
  Provision for depreciation and amortization                 7,359       6,779
  Amortization of premium and accretion of discount on
    investment securities                                    (2,043)       (886)
  Originations of loans held-for-sale                       (56,710)    (35,800)
  Proceeds from sales of loans held-for-sale                 55,726      33,826
  Changes in assets and liabilities:
    Prepaid expenses and other assets                          (307)        608
   Income taxes                                               6,733       9,200
   Interest receivable                                          757      (3,749)
   Interest payable                                           3,024       5,523
   Other liabilities                                            636         773
   Other                                                         32        (162)
--------------------------------------------------------------------------------
    Net cash provided by operating activities                45,539      42,562
--------------------------------------------------------------------------------
Cash provided (absorbed) by investing activities:
  Purchase of investment securities                        (520,374)   (196,909)
  Investment securities matured or called                   544,732     192,325
  Proceeds from sale of investment securities
   available-for-sale                                         2,335           0
  Net increase in loans                                     (55,859)    (38,781)
  Purchases of land, buildings and equipment                 (5,823)     (8,139)
  Proceeds from sale of equipment                                27       1,686
  Proceeds from sale of other real estate
   and repossessions                                          1,357       1,462
  Other                                                        (185)       (526)
--------------------------------------------------------------------------------
    Net cash absorbed by investing activities               (33,790)    (48,882)
--------------------------------------------------------------------------------
Cash provided (absorbed) by financing activities:
  Net increase (decrease) in deposits                         6,600      (1,829)
  Net increase (decrease) in short-term borrowings          (10,864)      9,898
  Proceeds from notes payable                                     0       3,000
  Retirement of convertible capital notes                         0          (1)
  Cash dividends                                             (5,634)     (5,359)
  Purchase of treasury stock                                 (1,558)     (4,952)
--------------------------------------------------------------------------------
    Net cash provided (absorbed) by financing activities    (11,456)        757
--------------------------------------------------------------------------------

     Increase (decrease) in cash and cash equivalents           293      (5,563)

Cash and cash equivalents at beginning of period            132,535     155,788
--------------------------------------------------------------------------------

Cash and cash equivalents at end of period                $ 132,828   $ 150,225
----------------------------------------------------------======================

Supplemental disclosures
  Interest paid                                             $56,971    $59,770
  Income tax paid                                           $ 6,883    $ 3,007

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  2000  INTRUST
Financial  Corporation  Annual  Report on Form  10-K.  Reference  is made to the
"Notes to Consolidated  Financial Statements" under Item 8 of the 2000 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, 2001 and 2000 (in thousands of dollars):

                                                           2001        2000
   ---------------------------------------------------------------------------
   Balance, January 1                                    $28,972     $26,010
   Additions:
     Provision for loan losses                             8,805       7,965
   ---------------------------------------------------------------------------
                                                          37,777      33,975
   Deductions:
     Loans charged off                                    12,787       7,299
     Less recoveries on loans previously charged off       1,969       1,595
   ---------------------------------------------------------------------------
     Net loan losses                                      10,818       5,704
   ---------------------------------------------------------------------------
   Balance, September 30                                 $26,959     $28,271
   ------------------------------------------------------=====================

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 Credit Losses   Amounts in (B)     for Credit Losses
------------  --------  -----------------  ---------------     -----------------
    2001      $15,071        $12,362            $2,584               $2,709
    2000      $ 3,422        $ 1,071             $ 409               $2,351

The average  recorded  investment  in impaired  loans for the nine months  ended
September  30, 2001 and 2000,  was $19,470  and $3,265,  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:

                                                             Nine Months Ended
                                                                September 30
--------------------------------------------------------------------------------
                                                              2001        2000
--------------------------------------------------------------------------------

Net income for earnings per share (in thousands of dollars)   $21,527    $18,485
--------------------------------------------------------------------------------

Weighted average shares for basic earnings per share        2,345,534  2,376,295
Shares issuable upon exercise of stock options                 23,264     27,551
--------------------------------------------------------------------------------
Weighted average shares for diluted earnings per share      2,368,798  2,403,846
------------------------------------------------------------====================


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

                                         Three Months Ended   Nine Months Ended
                                             September 30,       September 30,
 (in thousands of dollars)                  2001      2000      2001      2000
 -------------------------------------------------------------------------------
 Revenues from external customers
    Consumer banking                      $20,245   $22,964   $61,982   $69,450
    Commercial banking                     13,692    10,093    40,224    30,399
    Wealth management                       3,922     3,861    11,487    11,892

 Intercompany revenues
    Consumer banking                      $  (174)  $   (18)  $  (212)  $  (157)
    Commercial banking                          0         0         0         0
    Wealth management                         122       120       379       349

 Segment profit
    Consumer banking                      $ 3,540   $ 6,402   $13,397   $19,407
    Commercial banking                      7,779     5,490    23,228    16,033
    Wealth management                         729       881     1,686     2,566
 -------------------------------------------------------------------------------
       Profit from segments                12,048    12,773    38,311    38,006
       Expenses at corporate level not
         allocated to segments             (1,027)   (1,343)   (3,168)   (7,294)
 -------------------------------------------------------------------------------
       Consolidated income before
         provision for income tax         $11,021   $11,430   $35,143   $30,712
 -----------------------------------------======================================

<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, 2001  totaled  $6,762,000,  declining  $613,000 and
$198,000 from prior quarter and comparable  prior year levels.  Continued easing
by the Federal  Reserve has resulted in additional  compression in the Company's
interest  margin,  and as was noted in last  quarter's  filing,  the Company did
increase its provision for loan losses this quarter over the  comparable  second
quarter  amount.  Finally,  the terrorist  attacks of September 11 resulted in a
lesser  amount  of  purchase  volume  in the  Company's  credit  card  business,
resulting in a decline in credit card fees in the third quarter.

NET INTEREST INCOME
-------------------
Third quarter net interest  income was $605,000 less than the comparable  second
quarter  amount,  and declined  $656,000 from the comparable  prior year amount.
This reduction is attributable  to a modest decline in average  interest-earning
assets and to continued compression in the Company's interest margin.

As  discussed  last  quarter,  the  Company  anticipated  that it  would  record
compression  in its interest  spread this  quarter,  as continued  easing by the
Federal Reserve was expected to put pressure on the interest margin.  During the
third  quarter,  the Federal  Reserve  lowered the  targeted  Fed Funds rate and
Federal  Reserve  discount  rate  by  another  75  basis  points.  This  follows
reductions  in the  first  and  second  quarters  of 150 and 125  basis  points,
respectively.  While the Company's  interest-earning assets and interest-bearing
liabilities are relatively  well-matched,  competitive  pressures have precluded
the Company from  reducing the cost of its  interest-bearing  liabilities  by an
amount  sufficient to offset the decrease in its yield on earning  assets.  With
the Federal  Reserve  easing  rates by another 50 basis  points on October 2 and
November 6, 2001, and the anticipation of further  reductions due to the current
economic  slowdown,  the Company  does  anticipate  further  compression  in its
interest margin.

Average  interest-earning  assets in the third  quarter  were 4.7%  greater than
comparable prior year amounts, but did fall nominally  ($15,000,000 or .7%) from
second quarter levels.  Average loans declined  $7,000,000 in the third quarter.
The decrease was due to both seasonal  factors and continued  uncertainty in the
economy.  Yields  on  interest-earning  assets  declined  52 basis  points  this
quarter,  and were 141 basis points less than  comparable  third  quarter,  2000
amounts.  Through  September 30, 2001,  the Federal  Reserve has eased rates 350
basis points (Subsequent 50 basis point reductions took place on October 2, 2001
and November 6, 2001). These rate cuts have had a significant impact on both the
Company's loan and investment  security  portfolio  yields.  The 125 basis point
easing that took place in the second  quarter,  resulted  in a reduction  in the
yield of the Company's credit card portfolio this quarter. Much of the Company's
credit card portfolio reprices quarterly,  and the second quarter actions served
to reduce the third-quarter yields on that portion of the loan portfolio. The 75
basis  point  easing  that took place in the third  quarter  resulted in reduced
yields on the  Company's  commercial  loan  portfolio,  as the  majority of that
portfolio either reprices immediately or on the first day of the month following
the change.

Funding costs  continued  their decline in the third  quarter,  falling 46 basis
points. When viewed on a year-over-year  basis, 2001 third quarter funding costs
were 114 basis  points  less than  comparable  prior year  amounts.  As noted in
previous  quarters,  the current  low rate  environment  has  resulted in a very
competitive  environment  for  funds,  with many  deposit  customers  looking to
promotional  products to take advantage of the slightly  higher rates offered on
these products.  In addition,  certain rates are now at 40-year lows. It will be
difficult  for the  Company  to lower  deposit  rates  significantly  and remain
competitive  in the event of  further  easing by the  Federal  Reserve.  Average
non-interest bearing deposits were relatively stable and the Company's liquidity
increased  such that there were no  borrowings  from the Federal  Home Loan Bank
this quarter. While these factors serve to moderate the decline in the Company's
interest  margin,  they will in all likelihood,  be insufficient to fully offset
the  competitive  pressures  that will keep deposit costs from falling in tandem
with Federal Reserve actions. As a result,  future funding costs are expected to
decline, but not to the same degree as yields on earning assets.

The Company  believes  its  principal  markets  will  continue  to remain  quite
competitive.  In addition,  the Company believes the uncertain  economic climate
may result in a  reduction  in loan  demand in the  short-term.  These  factors,
coupled with  expected  additional  easing by the Federal  Reserve,  may lead to
further  compression  in the  Company's  net  interest  income over the next few
quarters.

PROVISION FOR LOAN LOSSES
-------------------------
The Company  recorded a provision for loan losses of $3,215,000,  an increase of
$295,000  over the amount  recorded  in the second  quarter,  and an increase of
$560,000 over the comparable  prior year amount.  Third quarter net  charge-offs
increased  $5,985,000 over comparable second quarter amounts and were $5,656,000
greater than the comparable prior year amount.

The increase in net charge-offs is due principally to charge-offs on two credits
in the manufacturing  sector. As discussed last quarter,  the Company placed the
$9,500,000 loan of a manufacturing  customer on nonaccrual  status in the second
quarter,  after  that  company  filed  for  Chapter  11  bankruptcy.  This  is a
collateral-dependent  credit.  As the bankruptcy  proceedings have continued and
certain  collateral  has been  liquidated,  the Company  charged-off  $3,000,000
during the third quarter.  Also during this quarter, the Company received notice
that the  classification for a national credit in which it participates had been
downgraded by regulatory authorities.  The Company's recorded investment in this
credit totaled $9,000,000.  As a result of the regulatory downgrade, the Company
recorded a charge-off of $3,000,000 and placed the credit on non-accrual status.
Charge-offs in the consumer lending  portfolio (both credit card and installment
lending) did not vary significantly from prior quarter levels.

Nonaccrual and past due loans increased  $4,463,000  this quarter.  Much of this
increase  is due to  placing  the  shared  national  credit  described  above on
nonaccrual   status.   This  action,   when  combined  with  the  aforementioned
charge-offs  recorded  this quarter,  had a net effect of increasing  nonaccrual
loans by $3,000,000.  In addition,  the Company placed a $1,200,000  credit to a
fast-food  franchisee on non-accrual status this quarter.  While 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,  it
continues to closely monitor credit quality issues given the general weakness in
the economy.

The Company's allowance for loan losses at September 30, 2001 was equal to 1.52%
of total loans and 124% of loans considered risk elements. Comparable amounts at
June 30, 2001 were 1.76% and 183%,  respectively.  The Company  anticipates that
its fourth quarter provision for loan losses will be approximately equal to that
recorded this quarter.

Summary of Loan Loss Experience (in thousands of dollars)
--------------------------------------------------------------------------------
                                                            September 30,
                                                         2001           2000
--------------------------------------------------------------------------------
Amount of loans at period-end                         $1,772,662     $1,686,349
------------------------------------------------------==========================

YTD Average loans outstanding                         $1,767,929     $1,700,782
------------------------------------------------------==========================

Beginning balance of allowance for loan losses           $28,972        $26,010

Loans charged off
   Commercial, financial and agricultural                  7,740          2,531
   Real estate-construction                                    0             40
   Credit card                                             3,795          3,450
   Installment                                             1,252          1,278
--------------------------------------------------------------------------------
Total loans charged off                                   12,787          7,299
--------------------------------------------------------------------------------

Recoveries on charge-offs
   Commercial, financial and agricultural                    825            419
   Real estate-mortgage                                        0             21
   Credit card                                               813            838
   Installment                                               331            317
--------------------------------------------------------------------------------
Total recoveries                                           1,969          1,595
--------------------------------------------------------------------------------

Net loans charged off                                     10,818          5,704

Provision charged to expense                               8,805          7,965
--------------------------------------------------------------------------------

Ending balance of allowance for loan losses              $26,959        $28,271
------------------------------------------------------==========================
Net charge-offs/average loans                              0.61%          0.34%
------------------------------------------------------==========================
Allowance for loan losses/loans at period-end              1.52%          1.68%
------------------------------------------------------==========================


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, 2001    December 31, 2000
--------------------------------------------------------------------------------
                                                    Percent              Percent
                                          Amount   of Total    Amount   of Total
--------------------------------------------------------------------------------
Commercial, Financial and Agricultural  $  818,140    46.2%  $  737,235    42.6%
Real Estate-Construction                    54,286     3.1       70,830     4.1
Real Estate-Mortgage                       548,021    30.9      520,103    30.1
Installment, excluding credit card         222,145    12.5      264,159    15.3
Credit card                                130,070     7.3      136,292     7.9
--------------------------------------------------------------------------------
  Subtotal                               1,772,662   100.0%   1,728,619   100.0%
Allowance for loan losses                  (26,959)             (28,972)
--------------------------------------------------------------------------------
  Total                                 $1,745,703           $1,699,647
----------------------------------------========================================

As noted above,  loans  considered  risk elements  increased again this quarter,
with the majority of that increase  attributable  to a shared  national  credit.
Management is not aware of any specific customer issue that would  significantly
impact the overall  credit  quality of the loan  portfolio  for the remainder of
2001.  However,  the  general  status  of  the  economy,   particularly  in  the
manufacturing  sector, 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)                          2001               2000
--------------------------------------------------------------------------------
 Loan Categories
   Nonaccrual Loans                               $18,600             $3,799
   Past Due 90 days or more                         3,143              2,167
--------------------------------------------------------------------------------
     Total                                        $21,743             $5,966
-----------------------------------------------=================================

LIQUIDITY AND CAPITAL RESOURCES
-------------------------------
The Company  considered its liquidity  level adequate at September 30, 2001. The
Company's  loan/deposit ratio declined slightly this quarter, from 96.8% at June
30, 2001 to 95.8% at  September  30,  2001.  The Company  maintains a variety of
funding  sources.  These include  borrowing  capacity from the Federal Home Loan
Bank of Topeka, core-deposit acquisition,  federal funds purchases,  acquisition
of public funds and the normal run-off of interest-earning assets.

Approximately 71% of the Company's  investment  portfolio is comprised of United
States  government  and  agency  securities,   with  mortgage-backed  securities
representing  another  24% of the  portfolio.  The  Company  maintains  a  short
weighted  average  maturity  in this  portion of its  investment  portfolio.  At
September 30, 2001, 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 2 years and 11 months.

The Company has thoroughly  reviewed its investment  security  portfolio and has
determined that at September 30, 2001, 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 September 30, 2001, the Company's total capital to risk-weighted assets ratio
was 12.0% and its Tier 1 capital to risk-weighted assets ratio was 10.8%.

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


OTHER INCOME AND OTHER EXPENSE
------------------------------
Third quarter noninterest income totaled $14,227,000,  increasing only nominally
from second quarter  amounts.  Current quarter  noninterest  income exceeded the
comparable  prior year amount by 14.8%.  Quarterly  increases in service charges
and loan fees served to more than offset a decline in credit card fees.

Third  quarter  service  charges  on  deposit  accounts   increased  35.4%  over
comparable  prior year  amounts,  and were 3.9%  higher than  comparable  second
quarter amounts.  As discussed last quarter,  the Company's marketing of certain
deposit products has resulted in an increase in overdraft and insufficient funds
activity.  The increase in third quarter  service  charge  revenue  results from
these  increased  volumes.  All other  significant  components of service charge
revenue were little-changed from comparable second quarter amounts.

The Company recorded only a nominal change in the assets under management in its
wealth management area. At the end of the third quarter, assets under management
had increased .48% over the comparable June 30, 2001 amount. As there was little
change in the  value of  managed  assets,  fiduciary  income  this  quarter  was
approximately  equal to the amount  recorded  in the second  quarter.  Fiduciary
income increased only $7,000 in the third quarter, and did not differ materially
from the comparable 2000 amount.

Credit  card  fees  declined  15.8%  this  quarter,  and were  15.1%  less  than
comparable prior year amounts.  These decreases are attributable to a decline in
consumer  spending,  which affects both merchant sales volume and cardholder fee
amounts.  Consumer  spending fell 1.8% in September,  its largest  decline in 14
years.  As a result,  merchant  sales revenue  declined  $235,000 in the current
quarter,  and declining purchase volumes translated into reduced late fees, cash
advance fees and overlimit fees.

Other service charges,  fees and income  increased  $293,000 over second quarter
amounts  and  were  $1,033,000  greater  than  comparable  prior  year  amounts.
Approximately  20% of  the  quarterly  increase  and  11% of the  year-over-year
increase is attributable to increased debit card and ATM delivery channel usage.
Residential  real  estate  loans  originated  for sale in the  secondary  market
increased modestly in the third quarter.  In addition,  the Company continues to
record increases in loan fee income, as it has implemented  pricing  initiatives
intended to more appropriately align its fees on commercial loans with the costs
associated with the origination of those loans.

Total noninterest  expense in the second quarter  increased  $149,000 (.6%) over
second quarter amounts and was $1,028,000  (4.6%) greater than comparable  prior
year amounts.

The only  significant  changes in quarterly  noninterest  expense when comparing
third  quarter  and second  quarter  results  occurred  in the  advertising  and
promotional activities and professional services line items. Other components of
noninterest  expense  were  little  changed  from  prior  quarter  amounts.  The
quarterly decline in advertising and promotional  activities  reflected seasonal
factors,  as the Company  typically  reduces its media advertising in the summer
months.  Professional  services expense increased $305,000 in the third quarter.
This increase was attributable to the Company's decision in the third quarter to
enter  into  an  arrangement  with a  third  party,  SunGard  Wealth  Management
Services,  LLC ("SunGard"),  whereby wealth  management  operational  support is
outsourced to that third party. Charges for that support totaled $280,000 in the
quarter,   and  the  Company  also  incurred  legal  fees  associated  with  the
negotiation  of the contract  with  SunGard.  Professional  services  expense in
future  quarters  will  exceed  previously  recorded  amounts  because  of  this
outsourcing  arrangement.  In  connection  with  this  outsourcing  arrangement,
certain  employees  of one of the  Company's  subsidiaries  became  employees of
SunGard.  This is the principal reason for the quarterly decline in salaries and
employee  benefits,  as  these  reductions  more  than  offset  an  increase  of
approximately  $140,000  in the  Company's  pension  expense.  This  increase in
pension cost is due principally to lower than expected investment returns.

The  year-over-year  increase in quarterly salaries and employee benefits totals
$777,000,  or 6.8%. One-half of this increase is attributable to increased bonus
accrual  costs,  which  have been  discussed  in  previous  filings,  and to the
increase in pension expense referred to above.  General wage increases  comprise
the majority of the remaining increase,  as the Company's FTE count at September
30, 2001 was slightly less than the comparable prior year total.

As was disclosed in the second quarter filing,  the Company  invested heavily in
the purchase of buildings and equipment in the second half of 2000, resulting in
increased depreciation expense and service contract costs in 2001. Also as noted
previously,  the Company  renegotiated  its  contract  with its  principal  data
processing provider in the second quarter,  which has resulted in a reduction in
data processing expense this year. There were no other individually  significant
changes in the  components of  noninterest  expense when  comparing  current and
prior year results.


NEW ACCOUNTING STANDARDS
------------------------
Statement of Financial  Accounting  Standards No. 141, "Business  Combinations",
provides accounting and reporting standards for business combinations  initiated
after June 30, 2001. The Company does not anticipate  that adoption of Statement
No. 141 will have a material  impact on its  operating  results or its financial
condition.

Statement  of  Financial  Accounting  Standards  No.  142,  "Goodwill  and Other
Intangible  Assets",  changes the accounting  for goodwill from an  amortization
method  to an  impairment-only  approach.  Periodic  amortization  of  goodwill,
including goodwill recorded in past business  combinations,  will cease upon the
Company's  adoption  of the  Statement,  which  will be  January  1,  2002.  The
Statement  will  require  the  Company to perform an  assessment  of whether its
recorded  goodwill  is  impaired as of the date of  adoption.  The Company  must
identify its reporting units,  assign existing  goodwill to those units and then
arrive at a carrying  value for each unit. The fair value of that reporting unit
will then need to be determined, and if the carrying value of the reporting unit
exceeds the fair value of the unit, an indication of impairment  exists, and the
Company will be required to perform additional  analysis.  If the carrying value
of the goodwill assigned to the reporting unit exceeds the implied fair value of
that goodwill resulting from the Company's  subsequent  analysis, a transitional
impairment  loss would be  recognized  as the  cumulative  effect of a change in
accounting principle in the Company's statement of income. The Company currently
records annual goodwill  amortization of approximately $2.4 million. The Company
anticipates  that its income  before  provision for income taxes in 2002 will be
increased by  approximately  $1.1 million as a result of adopting  Statement No.
142.


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

Statement  of  Financial  Accounting  Standards  No.  144,  "Accounting  for the
Impairment or Disposal of Long-Lived Assets", addresses financial accounting and
reporting for the impairment or disposal of long-lived  assets. The Statement is
for financial  statements  issued for fiscal years  beginning after December 15,
2001.  The Company does not  anticipate  that adoption of Statement No. 144 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
                       None

                 (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, 2001                By: /s/ C.Q. Chandler IV
                                            ---------------------
                                                C.Q. Chandler IV
                                                President
                                                (Principal Executive Officer)




Date:  November 13, 2001                 By: /s/ Jay L. Smith
                                             -----------------
                                                 Jay L. Smith
                                                 Chief Financial Officer
                                                 (Principal Accounting Officer)