<PAGE>

                         SECURITY AND EXCHANGE COMMSSION

                              WASHNGTON, D.C. 20549

                                   FORM 10-QSB
(Mark One)
    (X)     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
            EXCHANGE ACT OF 1934

    For the quarterly period ended June 30, 2002
                                   -------------

                                       OR

            TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
            EXCHANGE ACT OF 1934

                  Commission File Number:  0-29276
                                           -------

                      FIRST ROBINSON FINANCIAL CORPORATION
               (Exact name of registrant as specified its charter)

            DELAWARE                                      36-4145294
            --------                                      ----------
  (State or other jurisdiction                      I.R.S. Employer ID Number
of incorporation or organization)


501 EAST MAIN STREET, ROBINSON.  ILLINOIS 62454
-----------------------------------------------
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code (618) 544-8621
                                                   --------------

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
                                      -

As of August 9, 2002, the Registrant had 517,644 shares of Common Stock, par
value $0.01, issued and outstanding.


Transitional Small Business Disclosure Format (check one):
                                  YES      NO  X
                                               -

                                       1
<PAGE>

                      FIRST ROBINSON FINANCIAL CORPORATION

                              Index to Form 10-QSB

     PART 1. FINANCIAL INFORMATION                                         PAGE

       Item 1. Financial Statements

            Consolidated Balance Sheet as of June 30, 2002
               And March 31, 2002                                           3

            Consolidated Statements of Income for the Quarters Ended
               June 30, 2002 and June 30, 2001                              4

            Consolidated Statements of Stockholders' Equity for the
               Quarters Ended June 30, 2002 and June 30, 2001               5

            Consolidated Statements of Cash Flows for the Quarters
               Ended June 30, 2002 and June 30, 2001                        6

            Notes to Consolidated Financial Statements                      8

       Item 2. Management's Discussion and Analysis of
                  Financial Condition and Results of Operations             10

     PART II OTHER INFORMATION

       Item 1. Legal Proceedings                                            19

       Item 2. Changes in Securities                                        19

       Item 3. Defaults Upon Senior Securities                              19

       Item 4. Submission of Matters to a Vote of Security Holders          19

       Item 5. Other Information                                            19

       Item 6. Exhibits and Reports on Form 8-K                             19


              SIGNATURES                                                    20


                                       2
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                  CONSOLIDATED STATEMENT OF FINANCIAL CONDITION

<TABLE>
<CAPTION>
                                                                                        Unaudited         Audited
                                                                                         6/30/02          3/31/02
                                                                                         -------          -------
                                     ASSETS                                                      ($1,000's)
<S>                                                                                       <C>              <C>
Cash and Cash Equivalents:
  Cash and due from banks                                                                 $1,201           $1,227
  Interest bearing deposits in banks                                                       7,728           11,902
                                                                                           -----           ------
    Total Cash and Cash Equivalents                                                        8,929           13,129

Securities available for sale, amortized cost of $22,565 and $21,561 at
  June 30, 2002 and March 31, 2002 respectively                                           22,893           21,452
Securities held to maturity, estimated market value of $30,000 and
  $50,000 at June 30, 2002 and March 31, 2002, respectively                                   30               50
Loans, net of allowance for loan losses of $595,000 and $534,000 at
  June 30, 2002 and March 31, 2002, respectively                                          62,891           59,274
Foreclosed assets, net                                                                         0               97
Premises and equipment, net                                                                2,677            2,745
Accrued interest receivable                                                                  531              563
Deferred income tax                                                                            0               78
Other assets                                                                                 474              336
                                                                                             ---              ---

    Total Assets                                                                         $98,425          $97,724
                                                                                         =======          =======
                      LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits
  Non-interest-bearing                                                                    $6,317           $5,855
  Interest-bearing                                                                        75,980           76,290
                                                                                          ------           ------
    Total Deposits                                                                        82,297           82,145

Advances from Federal Home Loan Bank                                                       3,000            3,000
Repurchase agreements                                                                      3,007            2,932
Advances from Borrowers for taxes and insurance                                              131              102
Accrued interest payable                                                                     200              208
Accrued income taxes                                                                          88                8
Deferred income taxes                                                                         86                0
Accrued expenses                                                                             358              329
                                                                                             ---              ---
    Total Liabilities                                                                     89,167           88,724
                                                                                          ------           ------

Commitments and Contingencies

Stockholders' Equity
Preferred stock, $.01 par value; authorized 500,000 shares,
  No shares issued and outstanding
Common stock, $ .01 par value; authorized 2,000,000 shares
  859,625 shares issued and outstanding                                                        9                9
Additional paid-in capital                                                                 8,373            8,367
Retained earnings                                                                          6,018            5,956
Treasury stock, at cost (332,540 shares 6/30/02; 325,322 shares 3/31/02)                  (4,825)          (4,724)
Accumulated other comprehensive income                                                       205             (68)

Common stock acquired by ESOP/RRP                                                           (522)            (540)
                                                                                            -----            -----
    Total Stockholders' Equity                                                             9,258            9,000
                                                                                           -----            -----

    Total Liabilities and Stockholders' Equity                                           $98,425          $97,724
                                                                                         =======          =======

The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

                                       3
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                        CONSOLIDATED STATEMENTS OF INCOME
                  For the Quarters Ended June 30, 2002 and 2001

<TABLE>
<CAPTION>
                                                                    2002             2001
                                                                  Unaudited        Unaudited
                                                                  ---------        ---------
Interest and dividend income:                                             ($1,000's)
<S>                                                                 <C>              <C>
  Interest on loans, including fees                                 $1,176           $1,355
  Debt securities:
    Taxable                                                            306              261
    Tax-exempt                                                          15               16
  Dividends                                                              9               11
                                                                         -               --
    Total interest income                                            1,506            1,643
                                                                     -----            -----

Interest expense:
  Interest on deposits                                                 583              706
  Interest on FHLB advances                                             41               41
  Interest on repurchase agreements                                     21               48
                                                                        --               --
    Total interest expense                                             645              795
                                                                       ---              ---

      Net interest income                                              861              848

Provision for loan losses                                               15               80
                                                                        --               --

      Net interest income after provision                              846              768

Non-interest income:
  Charges and fees on deposit accounts                                 113              110
  Charges and other fees on loans                                       10               15
  Other non-interest income                                            147               24
  Gain on sale of loans                                                  6                7
  Realized gain on sale of investments                                   0               10
                                                                         -               --
    Total other income                                                 276              166

Non-interest expense:
  Compensation and employee benefits                                   442              447
  Occupancy and equipment                                              120              122
  Foreclosed property expense                                           10                0
  Data Processing                                                       33               33
  Audit, legal and other professional                                   47               39
  SAIF deposit insurance                                                 3                3
  Advertising                                                           15               23
  Telephone and postage                                                 27               30
  Loss on sale of foreclosed assets                                      1               25
  Other                                                                 98               94
                                                                        --               --
    Total other expenses                                               796              816
                                                                       ---              ---

      Income before income tax                                         326              118

Provision for income taxes                                              86               44
                                                                        --               --

    Net Income                                                        $240              $74
                                                                      ====              ===

Earnings Per Share-Basic                                             $0.49            $0.14

Earnings Per Share-Diluted                                           $0.49            $0.14


The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

                                       4
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
                  For The Quarters Ended June 30, 2002 and 2001
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                     Unallocated    Accumulated
                                                                                         ESOP          Other
                                Common      Paid-in       Retained     Treasury           and      Comprehensive
                                 Stock      Capital       Earnings       Stock            RRP          Income      Total
                                 -----------------------------------------------------------------------------------------
                                                                      ($1,000's)
<S>                              <C>        <C>           <C>          <C>           <C>           <C>             <C>
Balance at March 31, 2002           $9       $8,367        $5,956       $(4,724)        $(540)          $(68)      $9,000
Net Income                                                    240                                                     240
                                                                                                                        -

Other Comprehensive Income
   Unrealized gain (loss) on securities                                                                               437
   Realized (gain) loss on sale of securities                                                                           0
Related tax effects                                                                                                 (164)
                                                                                                                    -----
Total other comprehensive income                                                                         273          273
                                                                                                                      ---
   Total comprehensive income                                                                                        $513
                                                                                                                     ====

Allocation of ESOP shares                         6                                         18                         24
Treasury Stock at cost (7,218 shares)                                      (101)                                    (101)
Dividends paid                                              (178)                                                   (178)
                               -------------------------------------------------------------------------------------------
Balance at June 30, 2002            $9       $8,373        $6,018       $(4,825)         $(522)          $205      $9,258
                                    ==       ======        ======       ========         ======          ====      ======

<CAPTION>

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

                                                                                     Unallocated    Accumulated
                                                                                         ESOP          Other
                                Common      Paid-in       Retained     Treasury           and      Comprehensive
                                 Stock      Capital       Earnings       Stock            RRP          Income      Total
                                 -----------------------------------------------------------------------------------------
                                                                      ($1,000's)
<S>                              <C>        <C>           <C>          <C>           <C>           <C>             <C>
Balance at March 31, 2001           $9       $8,338        $5,744       $(4,356)         $(737)           $44      $9,042
Net Income                                                     74                                                      74

Other Comprehensive Income
   Unrealized gain (loss) on securities                                                                              (22)
   Realized (gain) loss on sale of securities                                                                        (10)
   Related tax effects                                                                                                 12
                                                                                                                       --
Total other comprehensive income                                                                         (20)        (20)
                                                                                                                     ----
   Total comprehensive income                                                                                         $54
                                                                                                                      ===

 Allocation of ESOP shares                        8                                          18                        26
Treasury Stock at cost (4,975 shares)                                       (74)                                     (74)
Dividends paid                                              (181)                                                   (181)
                               -------------------------------------------------------------------------------------------
Balance at June 30, 2001            $9       $8,346        $5,637       $(4,430)         $(719)           $24      $8,867
                                    ==       ======        ======       ========         ======           ===      ======


The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

                                       5
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
             For the Quarters Ended June 30, 2002 and June 30, 2001
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                June 30,
                                                                                    2002                       2001
                                                                                    ----                       ----
                                                                                               ($1,000's)
<S>                                                                             <C>                         <C>
Cash flows from operating activities:
   Net income                                                                       $240                        $74
   Adjustments to reconcile net income to net cash
    provided by (used in) operating activities
     Provision for depreciation                                                       68                         71
     Provision for loan losses                                                        15                         80
     Net amortization and accretion on investments                                    32                         13
     ESOP shares allocated                                                            24                         26
     Decrease in accrued interest receivable                                          32                        108
     Decrease in prepaid income taxes                                                  0                         44
     (Increase) decrease in other assets                                           (138)                         51
     (Decrease)  in accrued interest payable                                         (8)                       (76)
     Increase (decrease) in accrued income taxes                                      80                          0
     Increase in accrued expenses                                                     29                        109
     FHLB stock dividends                                                            (7)                        (9)
     Gain on sale of securities available for sale                                     0                       (10)
     Gain on sale of loans                                                           (6)                        (7)
     Loss on sale of foreclosed assets                                                 1                         25
                                                                                       -                         --
       Net cash provided by operating activities                                     362                        499
                                                                                     ---                        ---
Cash flows from investing activities:
     Proceeds from maturities of securities held to maturity                          20                         20
     Proceeds from maturities of securities available for sale                       500                          0
     Proceeds from sale of securities available for sale                               0                        233
     Proceeds from sale of mortgage backed securities available for sale               0                        760
     Purchase of securities available for sale                                   (1,609)                          0
     Purchase of mortgage-backed securities available for sale                   (1,005)                          0
     Federal Reserve Bank Stock sold                                                   0                        135
     Bankers' Bancorp, Inc. Stock purchased                                         (36)                          0
     Repayment of principal on mortgage-backed securities                          1,121                        846
     Decrease (increase) in loans receivable                                     (4,406)                    (2,480)
     Proceeds from sale or participation of originated loans                         818                      1,320
     Proceeds from sale of foreclosed assets                                          58                         22
     Purchase of premises and equipment                                                0                       (68)
                                                                                       -                       ----
       Net cash provided by (used in) investing activities                       (4,539)                        788
                                                                                 -------                        ---
</TABLE>

                                       6
<PAGE>

                 FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                      CONSOLDIATED STATEMENT OF CASH FLOWS
                  For The Quarters Ended June 30, 2002 and 2001
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                June 30,
                                                                                                --------
                                                                                    2002                       2001
                                                                                    ----                       ----
                                                                                               ($1,000's)
<S>                                                                             <C>                         <C>
Cash flows from financing activities:
      Net increase (decrease) in deposits                                           $152                     $(826)
      Increase (decrease) in repurchase agreements                                    75                    (1,805)
      Advances from Federal Home Loan Bank                                             0                          0
      Repayment of FHLB advances                                                       0                          0
      Increase in advances from borrowers
         for taxes and insurance                                                      29                         34
      Dividends paid                                                               (178)                      (181)
      Purchase of treasury stock                                                   (101)                       (74)
                                                                                   -----                       ----
         Net cash (used in) provided by financing activities                        (23)                    (2,852)
                                                                                    ----                     ------

(Decrease) Increase in cash and cash equivalents                                 (4,200)                    (1,565)

Cash and cash equivalents at beginning of period                                  13,129                    6,879
                                                                                  ------                    -------

Cash and cash equivalents at end of period                                        $8,929                     $5,314
                                                                                  ======                     ======

Supplemental Disclosures:
   Additional Cash Flows Information:
      Cash paid for:
         Interest on deposits, advances and
            repurchase agreements                                                   $652                       $876
         Income taxes:
           Federal                                                                     0                          0
           State                                                                       6                          0

Non-Cash Investing Activities
           Loans transferred to foreclosed real estate                                 0                         40
           Foreclosed real estate refinanced as loans                                 38                          0


The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

                                       7
<PAGE>

               FIRST ROBINSON FINANCIAL CORPORATION AND SUBSIDIARY

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


1.   BASIS OF PRESENTATION

The consolidated financial statements include the accounts of First Robinson
Financial Corporation (the Company) and its wholly owned subsidiary, First
Robinson Savings Bank, National Association (the Bank). All significant
intercompany accounts and transactions have been eliminated in consolidation.
The accompanying consolidated financial statements are unaudited and should be
read in conjunction with the consolidated financial statements and notes thereto
included in the Company's annual report dated April 19, 2002. The accompanying
unaudited consolidated financial statements have been prepared in accordance
with the instructions for Form 10-QSB and, therefore, do not include information
or footnotes necessary for a complete presentation of financial condition,
results of operations, and cash flows in conformity with generally accepted
accounting principles. In the opinion of management of the Company, the
unaudited consolidated financial statements reflect all adjustments (consisting
of normal recurring accruals) necessary to present fairly the financial position
of the Company at June 30, 2002 and the results of its operations and cash flows
for the three months ended June 30, 2002 and 2001. The results of operations for
those months ended June 30, 2002 are not necessarily indicative of the results
to be expected for the full year.

2.   STOCK CONVERSION

On June 27, 1997, the predecessor of the Bank, First Robinson Savings and Loan,
F.A. completed its conversion from a Federally chartered mutual savings and loan
to a National Bank and was simultaneously acquired by the Company, which was
formed to act as the holding company of the Bank. At the date of the conversion,
the Company completed the sale of 859,625 shares of common stock $.01 par value,
to its Eligible Account Holders and Employee Stock Ownership Plan (ESOP), at
$10.00 per share. Net proceeds from the above transactions, after deducting
offering expenses, underwriting fees, and amounts retained to fund the ESOP,
totaled $7,504,657.

3.   EARNINGS PER SHARE

The Company has adopted Statement of Financial Accounting Standards ("SFAS") No.
128, "Earnings per Share," which requires entities with complex capital
structures to present both basic earnings per share ("EPS") and diluted EPS.
Basic EPS excludes dilution and is computed by dividing income available to
common shareholders by the weighted average number of common shares outstanding
for the period. Diluted EPS reflects the potential dilution that could occur if
securities of other contracts to issue common stock (such as stock options) were
exercised or converted into common stock or resulted in the issuance of common
stock that would then share in the earnings of the entity. Diluted EPS is
computed by dividing net income by the weighted average number of common shares
outstanding for the period, plus common-equivalent shares computed using the
treasury stock method. The Company's weighted average common shares outstanding
were 492,380 and 513,137 for the quarters ending June 30, 2002 and 2001. The
Company approved a stock option plan during the quarter ended September 30,
1998. This plan had no dilutive effect on the earnings per share since current
stock price was less than option price.


                                       8
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


4.   EMPLOYEE STOCK OWNERSHIP PLAN

In connection with the conversion to the stock form of ownership, the Board of
Directors established an employee stock ownership plan (ESOP) for the exclusive
benefit of participating employees. Employees age 21 or older who have completed
one year of service are eligible to participate. Upon the issuance of the common
stock, the ESOP acquired 68,770 shares of $0.01 par value common stock at the
subscription price of $10.00 per share. The Bank makes contributions to the ESOP
equal to the ESOP's debt service less dividends received by the ESOP. All
dividends received by the ESOP are used to pay debt service. As the debt is
repaid, shares are released from collateral and allocated to active employees.
The Bank accounts for its ESOP in accordance with Statement of Position 93-6.
Accordingly, the debt of the ESOP is recorded as debt and the shares pledged as
collateral are reported as unearned ESOP shares in the consolidated balance
sheets. As shares are released from collateral, the Bank reports compensation
expense equal to the current market price of the shares, and the shares become
outstanding for earnings-per-share calculations. Dividends on allocated shares
are recorded as a reduction of retained earnings; dividends on unallocated ESOP
shares are recorded as a reduction of debt or accrued interest. ESOP
compensation expense for the three months ended June 30, 2002 and 2001 were
$24,000 and $26,000 respectively.

The ESOP shares at June 30, 2002 and 2001 were as follows:
                                                     2002              2001
                                                     ----              ----
            Allocated shares                        38,023            30,781
            Shares released for allocation           3,439             3,621
            Unallocated shares                      27,308            34,368
                                                    ------            ------
            Total ESOP shares                       68,770            68,770

            Fair value of unallocated shares      $382,312          $496,618


5.   COMPREHENSIVE INCOME

The Company has adopted FASB Statement No. 130, Reporting Comprehensive Income.
The statement establishes standards for reporting and display of comprehensive
income and its components. Comprehensive income includes net income and other
comprehensive income, which for the Company includes unrealized gains and losses
on securities available for sale.
Comprehensive income, unaudited, for the three month period ended June 30, 2002
and 2001 are as follows:

                                                    Three Month Period
                                                    ------------------

                                                  2002               2001
                                                  ----               ----
                                                         ($1,000)
                                                         --------

Net Income                                        $240                $74
                                                  ----                ---
Other Comprehensive Income
Unrealized gains (losses) on securities            437               (22)
Realized (gains) losses on securities                0               (10)
Related tax effects                              (164)                 12
                                                 -----                 --
Other Comprehensive Income (Losses)                273               (20)
                                                   ---               ----
Comprehensive Income                              $513                $54
                                                  ====                ===

                                       9
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                Management's Discussion and Analysis of Financial
                       Condition and Results of Operations

FORWARD-LOOKING STATEMENTS

     When used in this filing and in future filings by First Robinson Financial
Corporation (the "Company") with the Securities and Exchange Commission, in the
Company's press releases or other public or shareholder communications, or in
oral statements made with the approval of an authorized executive officer, the
words or phrases "would be," "will allow," "intends to," "will likely result,"
"are expected to," "will continue," "is anticipated," "estimate," "project" or
similar expressions are intended to identify "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995. Such
statements are subject to risks and uncertainties, including but not limited to
changes in economic conditions in the Company's market area, changes in policies
by regulatory agencies, fluctuations in interest rates, demand for loans in the
Company's market area and competition, all or some of which could cause actual
results to differ materially from historical earnings and those presently
anticipated or projected. References in this filing to "we", "us" , and "our"
refer to the Company and/or the Bank, as the content requires.

     We wish to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made, and advises
readers that various factors, including regional and national economic
conditions, substantial changes in levels of market interest rates, credit and
other risks of lending and investment activities and competitive and regulatory
factors, could affect our financial performance and could cause our actual
results for future periods to differ materially from those anticipated or
projected.

     We do not undertake, and specifically disclaim any obligation, to update
any forward-looking statements to reflect occurrences or unanticipated events or
circumstances after the date of such statements.

GENERAL

     Our principal business, through our operating subsidiary, First Robinson
Savings Bank, National Association, (the "Bank") consists of accepting deposits
from the general public and investing these funds primarily in loans,
mortgage-backed securities and other securities. Our loans consist primarily of
loans secured by residential real estate located in its market area, consumer
loans, commercial loans, and agricultural loans.

     Our net income is dependent primarily on our net interest income, which is
the difference between interest earned on interest-eaming assets and the
interest paid on interest-bearing liabilities. Net interest income is a function
of our "interest rate spread," which is the difference between the average yield
earned on interest-earning assets and the average rate paid on interest-bearing
liabilities. The interest rate spread is affected by regulatory, economic and
competitive factors that influence interest rates, loan demand and deposit
flows. To a lesser extent, our net income also is affected by the level of
general and administrative expenses and the level of other income, which
primarily consists of service charges and other fees.

     Our operations are significantly affected by prevailing economic
conditions, competition and the monetary, fiscal and regulatory policies of
government agencies. Lending activities are influenced by the demand for and
supply of housing, competition among lenders, the level of interest rates and
the availability of funds. Deposit flows and costs of funds are influenced by
prevailing market rates of interest, competing investments, account maturities
and the levels of personal income and savings in our market area.

     Historically, our mission has been to originate loans on a profitable basis
to the communities we serve. In seeking to accomplish our mission, the Board of
Directors and management have adopted a business strategy designed (i) to
maintain the Bank's capital level in excess of regulatory requirements; (ii) to
maintain asset quality, (iii) to maintain, and if possible, increase our
earnings; and (iv) to manage our exposure to changes in interest rates.

                                       10
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 Management Discussion and Analysis of Financial
                       Condition and Results of Operations

BUSINESS STRATEGY

     We are a community-oriented, locally owned financial institution offering
community banking services to residents and businesses of Crawford County,
Illinois, our primary market area. We also offer fixed rate mortgage products
through the Federal Home Loan Bank of Chicago and USDA Rural Development. These
programs continue to grow and have provided additional non-interest income to
our Bank. We have developed new checking account products and revised existing
accounts as we continue to see excellent growth in the number of new checking
and savings accounts. The growth and push for new low interest bearing accounts
fits well within our strategic plan of lowering our overall cost of funds. We
are also now offering Internet banking to customers and will soon add a bill
paying service and a cash management package. PrimeVest Financial Services
provides investment brokerage services to our customers. We continue to see
growth in that service. We maintain a strong presence in the community and are
the only independent community bank in Robinson, Palestine and Oblong, Illinois.


ASSET QUALITY

     DELINQUENCIES. When a borrower fails to make a required payment on a loan,
the Bank attempts to cause the delinquency to be cured by contacting the
borrower. In the case of loans secured by real estate, reminder notices are sent
to borrowers. If payment is late, appropriate late charges are assessed and a
notice of late charges is sent to the borrower. If the loan is in excess of 60
days delinquent, the loan will generally be referred to the Bank's legal counsel
for collection.

     When a loan becomes more than 90 days delinquent and collection of
principal and interest is considered doubtful, or is otherwise impaired, the
Bank will generally place the loan on non-accrual status and previously accrued
interest income on the loan is charged against current income.

     Delinquent consumer loans are handled in a similar manner as to those
described above. The Bank's procedures for repossession and sale of consumer
collateral are subject to various requirements under applicable consumer
protection laws.

     The following table sets forth the Bank's loan delinquencies by type, by
amount and by percentage of type at June 30, 2002.

<TABLE>
<CAPTION>
                                                     Loans Delinquent For:
                  -------------------------------------------------------------------------------------
                         60-89 Days(1)               90 Days and Over(1)                 Nonaccrual       Total Delinquent Loans
                  --------------------------- ---------------------------- ---------------------------- ----------------------------
                                     Percent                     Percent                      Percent                      Percent
                                     of Loan                     of Loan                      of Loan                      of Loan
                   Number   Amount   Category  Number   Amount   Category   Number   Amount   Category   Number   Amount   Category
                  -------- -------- --------- -------- -------- ---------- -------- -------- ---------- -------- -------- ----------
                                                                         (Dollars in thousands)
<S>                   <C>    <C>     <C>       <C>     <C>       <C>        <C>     <C>       <C>        <C>      <C>      <C>
Real Estate:
   One- to
   four-family....      1      $15     0.04%     ---     $---       ---       ---     $---        ---         1    $15       0.04%
   Commercial and
   agricultural
    real estate         2      160     1.16%     ---      ---       ---         2       93       0.67%        4    253       1.83%
Consumer..........      1        1     0.02%     ---      ---       ---         1        2       0.03%        2      3       0.05%
Commercial
   business and
   agricultural
   finance.......       1        2     0.03%     ---      ---       ---         1       50       0.70%        2     52       0.73%
                        -        -     -----     ---      ---       ---         -       --       -----        -     --       -----

     Total......        5     $178     0.28%       0       $0      0.00%        4      $145      0.23%        9   $323       0.51%
                        =     ====     =====       =       ==      =====        =      ====      =====        =   ====       =====

==============================================================================================================================
(1)  Loans are still accruing.

</TABLE>

                                       11
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 Management Discussion and Analysis of Financial
                       Condition and Results of Operations

     NON-PERFORMING ASSETS. The table below sets forth the amounts and
categories of non-performing assets in the Bank's loan portfolio. Loans are
placed on non-accrual status when the collection of principal and/or interest
become doubtful. Foreclosed assets include assets acquired in settlement of
loans.

                                                                March
                                                June 30,        31,
                                              --------------------------
                                                  2002          2002
                                              ------------  ------------
                                                (Dollars in thousands)
        Non-accruing loans:
          One- to four-family................         $---            $7
          Commercial and agricultural
             real estate.....................           93           120
          Consumer...........................            2            11
          Commercial business and
             agricultural finance............           50            69
                                                   -------       -------
               Total.........................          145           207
                                                   -------       -------
        Accruing loans delinquent more
          than 90 days:
          One- to four-family................          ---           ---
          Commercial and agricultural
             real estate.....................          ---           ---
          Consumer...........................          ---           ---
          Commercial business and
             agricultural finance............          ---           ---
                                                   -------       -------
               Total.........................          ---           ---
                                                   -------       -------

        Foreclosed assets:
          One- to four-family................          ---            61
          Commercial and agricultural
             real estate.....................          ---            36
          Consumer...........................          ---           ---
                                                   -------       -------
               Total.........................          ---            97
                                                   -------       -------

        Total non-performing assets..........         $145          $304
                                                   =======       =======
        Total as a percentage of total
          assets.............................        0.15%         0.31%
                                                   =======       =======

     Gross interest income which would have been recorded had the non-accruing
loans been current in accordance with their original terms amounted to
approximately $4,000 for the three months ended June 30, 2002 and $10,000 for
the three months ended June 30, 2001.

     CLASSIFIED ASSETS. Federal regulations provide for the classification of
loans and other assets, such as debt and equity securities, considered by the
Office of the Comptroller of the Currency ("OCC") to be of lesser quality, as
"substandard," "doubtful" or "loss." An asset is considered "substandard" if it
is inadequately protected by the current net worth and paying capacity of the
obligor or the collateral pledged, if any. "Substandard" assets include those
characterized by the "distinct possibility" that the insured institution will
sustain "some loss" if the deficiencies are not corrected. Assets classified as
"doubtful" have all of the weaknesses inherent in those classified "substandard"
with the added characteristic that the weaknesses present make "collection or
liquidation in full" on the basis of currently existing facts, conditions and
values, "highly questionable and improbable." Assets classified as "loss" are
those considered "uncollectible" and of such little value that their continuance
as assets without the establishment of a specific loss reserve is not warranted.

                                       12
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 Management Discussion and Analysis of Financial
                       Condition and Results of Operations

     When an insured institution classifies problem assets as either substandard
or doubtful, it may establish general allowances for losses in an amount deemed
prudent by management. General allowances represent loss allowances which have
been established to recognize the inherent risk associated with lending
activities, but which, unlike specific allowances, have not been allocated to
particular problem assets. When an insured institution classifies problem assets
as "loss," it is required either to establish a specific allowance for losses
equal to 100% of that portion of the asset so classified or to charge-off such
amount. An institution's determination as to the classification of its assets
and the amount of its valuation allowances is subject to review by the
regulatory authorities, who may order the establishment of additional general or
specific loss allowances.

     In connection with the filing of its periodic reports with the OCC and in
accordance with its classification of assets policy, the Bank regularly reviews
loans in its portfolio to determine whether such assets require classification
in accordance with applicable regulations. On the basis of management's review
of its assets, at June 30, 2002, the Bank had classified a total of $661,000 of
its assets as substandard and $188,000 as doubtful or loss. At June 30, 2002,
total classified assets comprised $849,000, or 9.3% of the Bank's capital, and
0.86% of the Bank's total assets.

     OTHER LOANS OF CONCERN. As of June 30, 2002, there were $3.1 million in
loans identified, but not classified, by the Bank with respect to which known
information about the possible credit problems of the borrowers or the cash
flows of the business have caused management to have some doubts as to the
ability of the borrowers to comply with present loan repayment terms and which
may result in the future inclusion of such items in the non-performing asset
categories.

     ALLOWANCE FOR LOAN LOSSES. The allowance for loan losses is maintained at a
level which, in management's judgment, is adequate to absorb credit losses
inherent in the loan portfolio. The amount of the allowance is based on
management's evaluation of the collectibility of the loan portfolio, including
the nature of the portfolio, credit concentrations, trends in historical loss
experience, specific impaired loans and economic conditions. Allowances for
impaired loans are generally determined based on collateral values. The
allowance is increased by a provision for loan losses, which is charged to
expense and reduced by charge-offs, net of recoveries.

     Real estate properties acquired through foreclosure are recorded at net
realizable value, estimated to be 80% of fair market value. If fair value at the
date of foreclosure is lower than the balance of the related loan, the
difference will be charged-off to the allowance for loan losses at the time of
transfer. Valuations are periodically updated by management and if the value
declines, a specific provision for losses on such property is established by a
charge to operations. At June 30, 2002, the Bank had no real estate properties
acquired through foreclosure.

     Although management believes that it uses the best information available to
determine the allowance, unforeseen market conditions could result in
adjustments and net earnings could be significantly affected if circumstances
differ substantially from the assumptions used in making the final
determination. Future additions to the Bank's allowance for loan losses will be
the result of periodic loan, property and collateral reviews and thus cannot be
predicted in advance. In addition, federal regulatory agencies, as an integral
part of the examination process, periodically review the Bank's allowance for
loan losses. Such agencies may require the Bank to increase the allowance based
upon their judgment of the information available to them at the time of their
examination. At June 30, 2002, the Bank had a total allowance for loan losses of
$595,000, representing 0.94% of the Bank's loans.

                                       13
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 Management Discussion and Analysis of Financial
                       Condition and Results of Operations

The distribution of the Bank's allowance for losses on loans at the dates
indicated is summarized as follows:

<TABLE>
<CAPTION>
                                              June 30,                                   March 31,
                             ----------------------------------------------------------------------------------------

                                                2002                                        2002
                             ------------------------------------------  --------------------------------------------
                                                            Percent of                                   Percent of
                                                             Loans in                                     Loans in
                               Amount of         Loan          Each        Amount of        Loan            Each
                               Loan Loss      Amounts by    Category to    Loan Loss      Amounts by     Category to
                               Allowance       Category     Total Loans    Allowance       Category      Total Loans
                             -------------   ------------  ------------- -------------   ------------   -------------
                                                             (Dollars in thousands)
<S>                          <C>             <C>           <C>           <C>             <C>             <C>
One- to four-family....                $87       $34,512         53.83%          $105        $33,995        56.02%
Multi-family...........                ---           696           1.08           ---            707          1.16
Commercial and
   agricultural real estate             94        13,811          21.54           138         12,251         20.19
Construction or
   development.........                ---         1,705           2.66           ---          1,237          2.04
Consumer...............                 51         6,302           9.83            36          5,934          9.78
Commercial business
  and agricultural
  finance..............                359         7,091          11.06           255          6,562         10.81
Unallocated............                  4           ---            ---           ---            ---           ---
                                      $595       $64,117        100.00%          $534        $60,686       100.00%
                                      ====       =======        =======          ====        =======       =======
</TABLE>

         The following table sets forth an analysis of the Bank's allowance for
loan losses.

                                                       Three Months Ended
                                                             June 30,
                                                   ---------------------------
                                                        2002          2001
                                                   -------------  ------------
                                                      (Dollars in thousands)

Balance at beginning of period...................         $534        $620

Charge-offs:
  One- to four-family............................            6          20
  Commercial and agricultural real estate........          ---          95
  Consumer.......................................           17          10
  Commercial business and agricultural finance...           20         ---
                                                            --        ----
                                                            43         206
                                                            --         ---
Recoveries:
  One- to four-family............................            4           5
  Consumer.......................................            4           4
  Commercial business and agricultural finance...           81         ---
                                                            --        ----
                                                             -         ---
                                                            89           9
                                                            --           -

Net charge-offs..................................         (46)         116
Additions charged to operations..................           15          80
                                                            --          --
Balance at end of year...........................         $595        $584
                                                          ----        ----

Ratio of net charge-offs during the period to
 average loans outstanding during the period.....       (0.07)%       0.19%
                                                        ======        ====

Ratio of net charge-offs during the period to
 average non-performing assets...................      (21.20)%      19.14%
                                                       =======       =====

                                       14
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 Management Discussion and Analysis of Financial
                       Condition and Results of Operations

FINANCIAL CONDITION


COMPARISON AT JUNE 30, 2002 AND MARCH 31, 2002

     Our total assets increased by approximately $701,000 or 0.7%, to $98.4
million at June 30, 2002 from $97.7 million at March 31, 2002. This increase in
total assets was from increases in securities available for sale, loans and
other assets. Securities available for sale increased by $1.4 million or 6.7% to
$22.9 million as of June 30, 2002 from $21.5 million at March 31, 2002. Loans,
net of allowance for loan losses, increased by $3.6 million or 6.1% to $62.9
million as of June 30, 2002 from $59.3 million at March 31, 2002. Other assets
increased by $138,000 or 41.1% to $474,000 as of June 30, 2002 up from $336,000
at March 31, 2002. These increases were offset primarily by significant
decreases in cash and cash equivalents, foreclosed assets and deferred income
tax and minor decreases in securities held to maturity, premises and equipment,
and accrued interest receivable. Total cash and cash equivalents decreased by
$4.2 million or 32.0% from $13.1 million at March 31, 2002 to $8.9 million as of
June 30, 2002. Foreclosed assets decreased by $97,000 or 100.0% from $97,000 at
March 31, 2002 to no foreclosed assets as of June 30, 2002. Deferred income tax
also decreased by 100.0% or $78,000 from $78,000 at March 31, 2002 to no
deferred income tax at June 30, 2002.

     Liabilities increased approximately $443,000 or 0.5% to $89.2 million at
June 30, 2002 from $88.7 million at March 31, 2002. A $152,000 or 0.2% increase
in total deposits plus modest increases in most other categories of liabilities
were the primary reasons for the increase in our liabilities. Non-interest
bearing deposits increased by $462,000 or 7.9% from $5.9 million at March 31,
2002 to $6.3 million as of June 30, 2002 while interest bearing deposits
declined by $310,000 or 0.4% to $76.0 million as of June 30, 2002 from $76.3
million at March 31, 2002.

     Stockholders' equity increased $258,000 or 2.9% to $9.3 million as of June
30, 2002 from $9.0 million on March 31, 2002. A $0.34 per share dividend paid on
June 17, 2002 to stockholders of record as of June 3, 2002 amounted to a total
of $178,000 being paid from retained earnings. The overall increase in retained
earnings was $62,000 due to the addition of $240,000 in quarterly earnings.
Accumulated other comprehensive income increased by $273,000 or 401.5% to
$205,000 at June 30, 2002. These increases were offset by the repurchase of
7,218 shares of stock under our approved stock repurchase program. These
purchases increased our treasury stock account by $110,000 to $4.8 million at
June 30, 2002.

RESULTS OF OPERATION

COMPARISON OF THE QUARTERS ENDED JUNE 30, 2002 AND 2001

PERFORMANCE SUMMARY

     Our net earnings were $240,000 for the first quarter of the 2003 fiscal
year. Earnings for the quarter ended June 30, 2001 were $74,000. The $166,000 or
224.3% increase in net income was primarily the result of an increase of $78,000
or 10.2% in net interest income after provision, an increase of $110,000 or
66.3% in non-interest income and a decrease of $20,000 or 2.5% in non-interest
expenses, offset by an increase of $42,000 or 95.5% in provision for income
taxes.

NET INTEREST INCOME

     Net interest income increased by $13,000 or 1.5% to $861,000 during the
three months ended June 30, 2002, as compared to $848,000 during the same period
in the prior year. Interest income decreased by $137,000 or 8.3% to $1.5 million
for the quarter ended June 30, 2002 down from $1.6 million for the same period
last year. Management has lowered interest rates on deposits to offset the
decline in interest income. We have made a conscious effort to move deposit
funds into savings and checking accounts, which are traditionally lower cost
than certificates of deposit. Management has also decided to not aggressively
bid on jumbo certificates of deposit. As a result, interest expense for the June
30. 2002 quarter decreased by $150,000 or 18.9% to $645,000 as compared to
$795,000 for the same three months ending June 30, 2001.


                                       15
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 Management Discussion and Analysis of Financial
                       Condition and Results of Operations


NON-INTEREST INCOME

     Total non-interest income increased by $110,000 or 66.3% to $276,000 during
the three months ended June 30, 2002, as compared to $166,000 during the same
period in the prior year. The increase in total non-interest income was from an
increase of $3,000 or 2.7% in charges and fees on deposit accounts and an
increase of $123,000 or 512.5% in other non-interest income offset by a decrease
of $5,000 or 33.3% in charges and other fees on loans, an decrease of $1,000 or
14.3% on the sale of real estate loans through the MPF program with the Federal
Home Loan Bank of Chicago, and a decrease of $10,000 on the realized gain on the
sale of investments. The significant increase in other non-interest income was
the result of a $97,000 one-time payment from the proceeds of a life insurance
policy owned by the Bank on a commercial loan customer.

NON-INTEREST EXPENSE

     Total non-interest expense decreased by $20,000 or 2.5% to $796,000 during
the three months ended June 30, 2002, as compared to $816,000 during the same
period in the prior year. This decrease was due primarily from a decrease of
$5,000 or 1.1% in compensation and employee benefits, a decrease of $2,000 or
1.6% in occupancy and equipment expense, a decrease of $8,000 or 34.8% in
advertising expense, a decrease of $3,000 or 10.0% in telephone and postage
expense and a decrease of $24,000 or 96.0% in loss on sale of foreclosed assets.
These decreases were offset by a $10,000 increase in foreclosed property
expense, an increase of $8,000 or 20.5% in audit, legal and other professional
expense and a $4,000 or 4.3% increase in other expenses. The decrease in
compensation expense is primarily from the reduction of four full time
equivalent employees through attrition. The decrease in occupancy and equipment
expense was primarily the result of a reduction in depreciation expense. The
advertising budget was reduced significantly because the Bank is using much less
print and television advertising. Legal fees increased due to the ongoing
collection efforts of a large agriculture credit.

PROVISION FOR LOAN LOSSES

     During the three months ended June 30, 2002, we recorded provision for loan
losses of $15,000 as compared to $80,000 for the same period of the prior year.
This represents a decrease of $65,000 or 81.3%. For the quarter ended June 30,
2002, the bank recorded net recoveries of $46,000 to the allowance for loan and
lease losses. This was primarily the result of a net recovery of $76,000 from
the proceeds of a life insurance policy on a commercial loan customer. As a
result, we recorded the provision to adjust our allowance for loan losses to a
level deemed appropriate based on an assessment of the volume and lending
presently being conducted by the bank, industry standards, past due loans,
economic conditions in our market area generally and other factors related to
the collectability of the loan portfolio. Our non-performing assets as a
percentage of total assets was 0.15% at June 30, 2002, as compared to 0.56% at
June 30, 2001.

PROVISION FOR INCOME TAXES

     The Company recognized a provision for federal and state income taxes of
$86,000 for the three months ended June 30, 2002 as compared to a provision for
income taxes of $44,000 for the same period in the prior year. The effective tax
rate during the three months ended June 30, 2002 was 26.4% as compared to 37.3%
during the quarter ended June 30, 2001. The decrease in the effective tax rate
is from the $97,000 one-time proceeds of a life insurance policy.


                                       16
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 Management Discussion and Analysis of Financial
                       Condition and Results of Operations


LIQUIDITY AND CAPITAL RESOURCES

     Our principal sources of funds are deposits and principal and interest
payments collected on loans, investments and related securities. While scheduled
loan repayments and maturing investments are relatively predictable, deposit
flows and early loan prepayments are more influenced by interest rates, general
economic conditions and competition. Additionally, we may borrow funds from the
FHLB of Chicago, our correspondent banks, Cole Taylor Bank located in Chicago
and Independent Bankers Bank located in Springfield, Illinois and the Discount
Window of the Federal Reserve of St. Louis or utilize other borrowings of funds
based on need, comparative costs and availability at the time.

     At June 30, 2002 we had $3.0 million in advances from the FHLB of Chicago
outstanding with no change from the amount of advances as of March 31, 2002. We
use our liquidity resources principally to meet outstanding commitments on
loans, to fund maturing certificates of deposit and deposit withdrawals and to
meet operating expenses. We anticipate no foreseeable problems in meeting
current loan commitments. At June 30, 2002, we had outstanding commitments to
extend credit, which amounted to $4.6 million (including $2.9 million, in
available revolving commercial and agricultural lines of credit). Management
believes that loan repayments and other sources of funds will be adequate to
meet any foreseeable liquidity needs.

     Liquidity management is both a daily and long-term responsibility of
management. We adjust our investments in liquid assets based upon management's
assessment of (i) expected loan demand, (ii) expected deposit flows, (iii)
yields available on interest-bearing investments and (iv) the objectives of its
asset/liability management program. Excess liquidity generally is invested in
interest-earning overnight deposits and other short-term government and agency
obligations.

REGULATORY CAPITAL

     The Company and the Bank are subject to capital requirements of the federal
bank regulatory agencies which require the Bank to maintain minimum ratios of
Tier I capital to total risk-weighted assets and total capital to risk-weighted
assets of 4% and 8% respectively. Tier I capital consists of total stockholders'
equity calculated in accordance with generally accepted accounting principals
less intangible assets, and total capital is comprised of Tier I capital plus
certain adjustments, the only one of which is applicable to the Bank is the
allowance for loan losses. Risk-weighted assets refer to the on- and off-balance
sheet exposures of the Bank adjusted for relative risk levels using formulas set
forth by OCC regulations. The Bank is also subject to an OCC leverage capital
requirement, which calls for a minimum ratio of Tier I capital to quarterly
average total assets of 3% to 5%, depending on the institution's composite
ratings as determined by its regulators.



                                       17
<PAGE>

                  FIRST ROBINSON FINANCIAL CORP. AND SUBSIDIARY
                 Management Discussion and Analysis of Financial
                       Condition and Results of Operations

REGULATORY CAPITAL

     At June 30, 2002, the Bank was in compliance with all of the aforementioned
capital requirements as summarized below:

<TABLE>
<CAPTION>
                                                                                June 30, 2002
                                                                                -------------
                                                                                  (1,000's)
                                                                                  ---------
<S>                                                                             <C>
Tier I Capital:
         Common stockholders' equity                                                $9,104
         Unrealized loss (gain) on securities available for sale                     (205)
         Less disallowed intangible assets                                             (8)

           Total Tier I capital                                                      8,891

Tier II Capital:
         Total Tier I capital                                                        8,891
         Qualifying allowance for loan losses                                          595

           Total risk-based capital                                                  9,486

Risk-weighted assets                                                                60,529
Quarter average assets                                                              98,122

<CAPTION>
                                                                                                        To be Well Capitalized
                                                                                                           Under the Prompt
                                                                               For Capital                 Corrective Action
                                                Actual                      Adequacy Purposes                 Provisions
                                                ------                      -----------------                 ----------
                                         Amount         Ratio             Amount          Ratio           Amount          Ratio
                                         ------         -----             ------          -----           ------          -----
<S>                                      <C>           <C>                <C>             <C>              <C>           <C>
  As of June 30, 2002:
     Total Risk-Based Capital
       (to Risk-Weighted Assets)         $9,486        15.67%             $4,842          8.00%            $6,053        10.00%
     Tier I Capital
      (to Risk-Weighted Assets)           8,891        14.69%              2,421          4.00%             3,632         6.00%
     Tier I Capital
      (to Average Assets)                 8,891         9.06%              3,925          4.00%             4,906         5.00%
</TABLE>

At the time of the conversion of the Bank to a stock organization, a special
liquidation account was established for the benefit of eligible account holders
and the supplemental account holders in an amount equal to the net worth of the
Bank. This special liquidation account will be maintained for the benefit of
eligible account holders and the supplemental account holders who continue to
maintain their accounts in the Bank after June 27, 1997. The special liquidation
account was $5,070,000 as of that date. In the unlikely event of a complete
liquidation, each eligible and the supplemental eligible account holders will be
entitled to receive a liquidation distribution from the liquidation account in
an amount proportionate to the current adjusted qualifying balances for accounts
then held. The Bank may not declare or pay cash dividends on or repurchase any
of its common stock if stockholders' equity would be reduced below applicable
regulatory capital requirements or below the special liquidation account.

                                       18
<PAGE>

PART II OTHER INFORMATION


Item 1.    LEGAL PROCEEDINGS
            None

Item 2.    CHANGES IN SECURITIES
            None.

Item 3.    DEFAULTS UPON SENIOR EXECUTIVES
            None.

Item 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
            None

Item 5.    OTHER INFORMATION
            None

Item 6.    EXHIBITS AND REPORTS ON FORM 8-K

           a)     The following exhibits are filed herewith:

                  1.    Exhibit 11:  Statement Regarding Computation of Earnings

                  2.    Exhibit 99:  Certification

           b)     Reports on Forms 8-K:

                         A report on Form 8-K was filed May 17, 2002 announcing
                         year-end earnings as of March 31, 2002 and the
                         declaration of a cash dividend to First Robinson
                         Financial Corporation shareholders of record as of
                         June 3, 2002.


                                       19
<PAGE>

                                   SIGNATURES

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

                                      FIRST ROBINSON FINANCIAL
                                      CORPORATION



Date:    August 9, 2002               /s/ Rick L. Catt
         --------------               ----------------
                                      Rick L. Catt
                                      President and Chief Executive Officer

Date:    August 9, 2002               /s/ Jamie E. McReynolds
         --------------               -----------------------
                                      Jamie E. McReynolds
                                      Chief Financial Officer and Vice President



                                       20