U.S. SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-QSB

(Mark One)

 X       Quarterly  report under Section 13 or 15(d) of the Securities Exchange
---      Act of 1934 for the quarterly period ended September 30, 2002.

         Transition report under Section 13 or 15(d) of the Exchange Act
---      For the transition period from              to
                                        ------------    ------------


                          Commission File No. 333-25179


                     PEOPLE'S COMMUNITY CAPITAL CORPORATION
                     --------------------------------------
        (Exact Name of Small Business Issuer as Specified in its Charter)


                  SOUTH CAROLINA                58-2287073
                  --------------                ----------
          (State of Incorporation) (I.R.S. Employer Identification No.)


               125 PARK AVENUE, S.W., AIKEN, SOUTH CAROLINA 29801
               --------------------------------------------------
                    (Address of Principal Executive Offices)


                                 (803) 641-0142
                                 --------------
                (Issuer's Telephone Number, Including Area Code)

                                 NOT APPLICABLE
                                 --------------
 (Former Name, Former Address and Former Fiscal Year, if Changed Since Last
  Report)



     State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date: 1,046,193 shares of common
stock, par value $.01 per share, outstanding at November 5, 2002.

     Transitional Small Business Disclosure Format (check one): Yes      No  X
                                                                   ---      ---




<PAGE>



PART I - FINANCIAL INFORMATION
------------------------------

Item 1.   Financial Statements.
-------------------------------
<TABLE>
<CAPTION>


                                       People's Community Capital Corporation
                                             Consolidated Balance Sheets

                                                              September 30,          December 31,
                                                                  2002                   2001
                                                                  ----                   ----
                                                               (Unaudited)            (Audited)

<S>                                                             <C>                      <C>

                                    Assets
Cash and due from banks                                         $   3,436,519           $  3,043,209
Federal funds sold                                                 10,300,000              6,389,000
Short-term investments                                              1,988,139                971,889
Securities, available for sale                                     24,005,599             23,807,381
Loans receivable, net                                              59,275,174             49,600,794
Properties and equipment, net                                       3,090,334              3,173,338
Accrued interest receivable                                           467,968                525,800
Deferred income taxes                                                 165,015                124,204
Other assets                                                           79,981                 94,871
                                                                -------------           ------------
            Total assets                                        $ 102,808,729           $ 87,730,486
                                                                =============           ============

                   Liabilities and Shareholders' Equity
Liabilities:
     Non-interest bearing deposits                               $ 12,973,224            $10,644,655
     Interest bearing deposits                                     74,549,368             65,523,857
                                                                 ------------            -----------
         Total deposits                                            87,522,592             76,168,512
     Accrued interest payable                                          70,876                 64,283
     Accrued expenses and other liabilities                           330,894                 50,472
     Other borrowings                                               3,500,000              1,000,000
                                                                 ------------            -----------
         Total liabilities                                         91,424,362             77,283,267
                                                                 ------------            -----------

Shareholders' equity:
     Common stock, $.01 par value; 10,000,000 shares
         authorized, 1,046,193 shares issued at September
         30, 2002 and 991,845 at December 31, 2001                     10,462                  9,918
     Additional paid-in-capital                                    10,411,763              9,699,178
     Retained earnings                                                793,805                741,097
     Accumulated other comprehensive gain (loss)                      168,337                 (2,974)
                                                                 ------------            -----------
         Total shareholders' equity                                11,384,367             10,447,219
                                                                 ------------            -----------

         Total liabilities and shareholders' equity              $102,808,729            $87,730,486
                                                                 ============            ===========
</TABLE>





          See accompanying Notes to Consolidated Financial Statements.


                                       2
<PAGE>

<TABLE>
<CAPTION>
                     People's Community Capital Corporation
                        Consolidated Statements of Income
                                   (Unaudited)

                                                                       For the three months               For the nine months
                                                                        ended September 30,               ended September 30,
                                                                        -------------------               -------------------
                                                                       2002             2001             2002             2001
                                                                       ----             ----             ----             ----
<S>                                                                 <C>              <C>             <C>              <C>
Interest income:
         Loans, including fees                                     $1,049,716       $1,026,707      $ 3,053,788      $ 3,021,393
         Federal funds sold                                            33,587           62,588           77,884          195,580
         Securities, short-term investments, and cash                 252,231          209,330          799,150          573,719
                                                                   ----------       ----------       ----------      -----------
                  Total interest income                             1,335,534        1,298,625        3,930,822        3,790,692
                                                                   ----------       ----------       ----------      -----------

Interest expense:
         Deposits                                                     376,112          590,062        1,239,451        1,715,221
         Other borrowings                                              24,868            3,953           48,361           13,063
                                                                   ----------       ----------       ----------      -----------
                  Total interest expense                              400,980          594,015        1,287,812        1,728,284
                                                                   ----------       ----------       ----------      -----------

Net interest income                                                   934,554          704,610        2,643,010        2,062,408
Provision for loan losses                                              72,764           20,000          193,261           81,288
                                                                   ----------       ----------       ----------      -----------
         Net interest income after provision
         for loan losses                                              861,790          684,610        2,449,749        1,981,120
                                                                   ----------       ----------       ----------      -----------

Non-interest income:
         Service charges on deposit accounts                          101,614          119,102          354,370          310,705
         Realized net gains on sales of securities                     75,548           19,101           86,886           37,538
         Non-deposit products income                                   75,792            8,841          186,038           24,243
         Other                                                         72,218           32,402          183,787           94,130
                                                                   ----------       ----------       ----------      -----------
                  Total non-interest income                           325,172          179,446          811,081          466,616
                                                                   ----------       ----------       ----------      -----------

Non-interest expenses:
         Salaries and employee benefits                               467,672          381,878        1,308,110        1,001,724
         Occupancy and equipment                                       90,645           44,109          246,736          177,007
         Consulting and professional fees                              35,137           30,382          113,469           96,220
         Customer related                                              28,841           32,572           78,934           76,722
         General operating                                            100,733          102,160          306,562          283,517
         Other                                                         35,757           32,539          118,374          112,823
                                                                   ----------       ----------       ----------      -----------
                  Total non-interest expenses                         758,785          623,640        2,172,185        1,748,013
                                                                   ----------       ----------       ----------      -----------

Income before income taxes                                            428,177          240,416        1,088,645          699,723
Income tax provision                                                  148,151           83,366          366,176          258,331
                                                                   ----------       ----------       ----------      -----------
Net income                                                         $  280,026       $  157,050      $   722,469      $   441,392
                                                                   ==========       ==========      ===========      ===========

Weighted average common shares outstanding:
         Basic                                                      1,045,148        1,046,432        1,043,651        1,037,341
         Diluted                                                    1,112,997        1,046,432        1,110,685        1,037,341

Earnings per share:
         Basic                                                     $      .27       $      .15      $       .69      $       .43
         Diluted                                                   $      .25       $      .15      $       .65      $       .43
</TABLE>

          See accompanying Notes to Consolidated Financial Statements.


                                       3
<PAGE>

<TABLE>
<CAPTION>
                     People's Community Capital Corporation
                 Consolidated Statements of Comprehensive Income
                                   (Unaudited)

                                                                      For the three months                  For the nine months
                                                                      ended September 30,                   ended September 30,
                                                                      -------------------                   -------------------
                                                                     2002                2001            2002              2001
                                                                     ----                ----            ----              ----

<S>                                                                 <C>              <C>              <C>             <C>
Net income                                                         $  280,026       $  157,050      $   722,469      $   441,392

Other comprehensive income, net of tax:
     Net change in unrealized gain on
          securities available for sale                               178,368          121,594          315,542          218,790
      Less reclassification adjustment for realized
          gains                                                       (49,862)         (12,607)         (57,345)         (24,775)
                                                                   ----------       ----------      -----------      -----------

         Total other comprehensive income                             128,506          108,987          258,197          194,015

Comprehensive income                                               $  408,532       $  266,037      $   980,666      $   635,407
                                                                   ==========       ==========      ===========      ===========

</TABLE>












          See accompanying Notes to Consolidated Financial Statements.



                                       4
<PAGE>


<TABLE>
<CAPTION>

                     People's Community Capital Corporation
                      Consolidated Statements of Cash Flows
                                   (Unaudited)

                                                                         For the nine months
                                                                         ended September 30,
                                                                         -------------------
                                                                     2002                   2001
                                                                     ----                   ----

<S>                                                                 <C>                   <C>
Operating activities:
     Net income                                                   $    722,469           $   441,392
    Adjustments to reconcile net income to net cash provided by
       operating activities:
         Depreciation and amortization                                 145,319               119,842
         Provision for loan losses                                     193,261                81,288
         Deferred income taxes                                         (40,811)               64,838
    Changes in deferred and accrued amounts:
         Other assets and accrued interest receivable                   64,129               (10,144)
         Accrued expenses and other liabilities                        287,015              (373,776)
                                                                  ------------           -----------

                Net cash provided by operating activities            1,371,382               323,440
                                                                  ------------           -----------

Investing activities:
    Purchase of securities available for sale                      (12,216,041)          (21,075,180)
    Sale of securities available for sale                            4,797,093             3,000,000
    Maturities and calls of securities available for sale            7,392,041            13,305,810
    Net (increase) decrease in short-term investments               (1,016,250)               27,139
    Purchase of property and equipment                                 (53,722)           (1,138,795)
    Net increase in loans                                           (9,867,641)           (7,649,048)
    Net increase in federal funds sold                              (3,911,000)           (3,181,000)
                                                                  ------------           -----------

                Net cash used for investing activities             (14,875,520)          (16,711,074)
                                                                  ------------           -----------

Financing activities:
    Purchase of treasury stock                                               -              (131,330)
    Issuance of stock                                                   46,248                     -
    Net increase in deposits                                        11,354,080            16,545,974
    Net increase in other borrowings                                 2,500,000               659,647
    Payment of cash dividends in lieu of stock for fractional shares    (2,880)                 (263)
                                                                  ------------           -----------

               Net cash provided by financing activities            13,897,448            17,074,028
                                                                  ------------           -----------

                Net increase in cash and due from banks                393,310               686,394
Cash and due from banks at beginning of period                       3,043,209             1,603,996
                                                                  ------------           -----------
Cash and due from banks at end of period                          $  3,436,519           $ 2,290,390
                                                                  ============           ===========
Supplemental disclosure:
    Cash paid during the period for interest                      $  1,281,219           $ 1,738,746
                                                                  ------------           -----------
    Income taxes paid                                             $    289,662           $   512,371
                                                                  ------------           -----------
    Unrealized net gain on securities available for sale,
       net of income tax                                          $    258,197           $   194,015
                                                                  ------------           -----------
</TABLE>

          See accompanying Notes to Consolidated Financial Statements.


                                       5
<PAGE>

                     People's Community Capital Corporation
                   Notes to Consolidated Financial Statements
                                   (Unaudited)

Note 1.       Basis of Presentation

         The accompanying unaudited consolidated financial statements have been
prepared in accordance with accounting principles generally accepted in the
United States of America for interim financial information and with the
instructions to Form 10-QSB and Item 310(b) of Regulation S-B of the Securities
and Exchange Commission. Accordingly, they do not include all of the information
and footnotes required by accounting principles generally accepted in the United
States of America for complete financial statements. However, in the opinion of
management, all adjustments (consisting of normal recurring adjustments)
considered necessary for a fair presentation have been included. Operating
results for the nine months ended September 30, 2002 are not necessarily
indicative of the results that may be expected for the year ended December 31,
2002. For further information, please refer to the consolidated financial
statements and footnotes thereto for the Company's fiscal year ended December
31, 2001, included in the Company's Form 10-KSB for the year ended December 31,
2001.

Note 2.     Summary of organization

         People's Community Capital Corporation was incorporated in South
Carolina on February 26, 1997 for the purpose of operating as a bank holding
company. Our wholly-owned subsidiary, People's Community Bank of South Carolina
commenced business on September 22, 1997, and is primarily engaged in the
business of accepting savings and demand deposits and providing mortgage,
consumer and commercial loans to the general public. Our bank operates two
banking centers located in Aiken and one located in North Augusta, South
Carolina.

         The second banking center located in Aiken was opened on September 8,
1998 in leased offices that were the headquarters of the holding company. In May
2001, we moved our banking center and holding company headquarters to a newly
constructed building nearby. At this time, the downtown Aiken location of our
bank became the main office.

         In December 1999, our bank formed a subsidiary, People's Financial
Services, Inc., that provides comprehensive financial planning services in
addition to full service brokerage, including stocks, bonds, mutual funds, and
insurance products.









                                       6
<PAGE>



Item 2.   Management's Discussion and Analysis or Plan of Operation.

         The following is our discussion and analysis of certain significant
factors that have affected our financial position and operating results and
those of our subsidiary, People's Community Bank of South Carolina, during the
periods included in the accompanying financial statements. This commentary
should be read in conjunction with the financial statements and the related
notes and the other statistical information included in this report.

         This report contains "forward-looking statements" relating to, without
limitation, future economic performance, plans and objectives of management for
future operations, and projections of revenues and other financial items that
are based on the beliefs of management, as well as assumptions made by and
information currently available to management. The words "may," "will,"
"anticipate," "should," "would," "believe," "contemplate," "expect," "estimate,"
"continue," "may," and "intend," as well as other similar words and expressions
of the future, are intended to identify forward-looking statements. Our actual
results may differ materially from the results discussed in the forward-looking
statements, and our operating performance each quarter is subject to various
risks and uncertainties that are discussed in detail in our filings with the
Securities and Exchange Commission, including, without limitation:

o        the effects of future economic conditions;
o        governmental monetary and fiscal policies, as well as legislative and
         regulatory changes;
o        changes in interest rates and their effect on the level and composition
         of deposits, loan demand, and the values of loan collateral, securities
         and other interest-sensitive assets and liabilities;
o        our ability to control costs, expenses, and loan delinquency rates; and
o        the effects of competition from other commercial banks, thrifts,
         mortgage banking firms, consumer finance companies, credit unions,
         securities brokerage firms, insurance companies, money market and other
         mutual funds and other financial institutions operating in our market
         area and elsewhere, including institutions operating regionally,
         nationally, and internationally, together with such competitors
         offering banking products and services by mail, telephone, computer and
         the Internet.

CRITICAL ACCOUNTING POLICIES
----------------------------

           We have adopted various accounting policies which govern the
application of accounting principles generally accepted in the United States of
America in the preparation of our financial statements. The significant
accounting policies of the company are described in the footnotes to the
consolidated financial statements at December 31, 2001 as filed on our 10-KSB
for that date.

         Certain accounting policies involve significant judgments and
assumptions by management which have a material impact on the carrying value of
certain assets and liabilities; management considers such accounting policies to
be critical accounting policies. The judgments and assumptions used by
management are based on historical experience and other factors, which are
believed to be reasonable under the circumstances. Because of the nature of the
judgments and assumptions made by management, actual results could differ from
these judgments and estimates which could have a material impact on the carrying
values of assets and liabilities and the results of operations of our company.

           We believe the allowance for loan losses is a critical accounting
policy that requires the most significant judgments and estimates used in
preparation of our consolidated financial statements. Refer to the discussion
under Allowance for Loan Losses section of this report for a detailed
description of our estimation process and methodology related to the allowance
for loan losses.


                                       7
<PAGE>


FINANCIAL CONDITION AND RESULTS OF OPERATIONS
---------------------------------------------

EARNINGS REVIEW - Comparison of the three months ended September 30, 2002 to the
three months ended September 30, 2001

         Our net income for the third quarter of 2002 was $280,026 compared to
$157,050 for the same period last year, an increase of 78%. The basic income per
share increased to $.27 compared to $.15 for the same period in 2001. Weighted
shares outstanding have been adjusted for the effect of a 5% stock dividend paid
on January 2, 2002 to shareholders of record as of December 15, 2001. The
improvement in earnings reflects the continued growth in the level of earning
assets since the bank commenced operations as well as improvements in
non-interest income. The level of average earning assets was $90.9 million for
the three months ended September 30, 2002 as compared to $70.9 million for the
three months ended September 30, 2001.

         Net interest income represents the difference between interest received
or accrued on interest earning assets and interest paid or accrued on interest
bearing liabilities. The following presents, in a tabular form, average balance
sheets that highlight the main components of interest earning assets and
interest bearing liabilities, on an annualized basis, for the three month
periods ended September 30, 2002 and 2001. Yields are derived by dividing income
or expense by the average balance of the corresponding assets or liabilities.
Average balances have been derived from daily averages.




                                       8
<PAGE>


<TABLE>
<CAPTION>

                                        Three months ended September 30, 2002       Three months ended September 30, 2001
                                        -------------------------------------       --------------------------------------
                                        Average          Interest        Yield      Average          Interest        Yield
                                        Balance       Income/Expense     /Rate      Balance       Income/Expense     /Rate
                                        -------       --------------     -----      -------       --------------     -----

<S>                                    <C>             <C>               <C>       <C>               <C>             <C>
ASSETS
Federal funds sold                    $ 7,965,589     $   33,587         1.69%    $ 7,212,062       $   62,622       3.47%
Cash & short-term investments           1,822,378         16,245         3.57%        976,228           14,443       5.92%
Securities                             23,039,831        235,986         4.10%     14,479,720          194,853       5.38%
Loans                                  58,059,509      1,049,716         7.23%     48,247,653        1,026,707       8.51%
                                      -----------     ----------                  -----------       ----------
Total earnings assets                  90,887,307      1,335,534         5.88%     70,915,663        1,298,625       7.32%
                                      -----------     ----------                  -----------       ----------

Cash and due from banks                 2,174,202                                   2,017,812
Premises and equipment                  3,115,478                                   3,235,486
Other assets                            1,191,015                                     952,159
Allowance for loan losses                (768,470)                                   (638,052)
                                      -----------                                 -----------
         Total assets                  96,599,532                                  76,483,068
                                      ===========                                 ===========

LIABILITIES & EQUITY
Interest-bearing deposits:
Transaction accounts                   11,407,685         15,492         0.54%      7,197,797           12,239        .68%
Money market accounts                  12,902,553         51,359         1.59%     11,299,349           75,603       2.68%
Savings deposits                       13,247,974         61,967         1.87%      9,311,923           98,692       4.24%
Time deposits                          32,422,955        247,294         3.05%     28,399,652          403,528       5.68%
                                      -----------     ----------                  -----------       ----------
    Total interest bearing
    deposits                           69,981,167        376,112         2.15%     56,208,721          590,062       4.20%

Interest-bearing borrowings             3,006,552         24,868         3.31%        515,871            3,953       3.07%
                                      -----------     ----------                  -----------       ----------
    Total interest bearing
    liabilities                        72,987,719        400,980         2.20%     56,724,592          594,015       4.19%
                                      -----------     ----------                  -----------       ----------

Demand deposits                        11,993,094                                   9,411,894
Other liabilities                         407,030                                     241,119
Shareholders' equity                   11,211,689                                  10,105,463
                                      -----------                                 -----------
    Total liabilities &
    shareholders' equity             $ 96,599,532                                $ 76,483,068
                                     ============                                ============


Net interest spread                                                      3.68%                                       3.13%

Net interest income/margin                            $  934,554         4.11%                      $  704,610       3.98%
                                                      ==========                                    ==========
</TABLE>

         Net interest income was $934,554 for the three months ended September
30, 2002 as compared to $704,610 for the three months ended September 30, 2001,
representing a 33% increase. The net interest margin (net interest income
divided by average earning assets) was 4.11% for the three months ended
September 30, 2002 compared to the net interest margin of 3.98% for the three
months ended September 30, 2001. Net yields were slightly higher in the third
quarter this year as rates paid on deposits have continued to decline at a
greater pace than have rates received on earning assets. Additionally, interest
earning assets have increased more than have interest-bearing liabilities
between the two quarters under comparison.

         Interest income for the third quarter of 2002 was $1,335,534 compared
to $1,298,625 for the same period in 2001. The volume of total earnings assets
increased by approximately $20 million between the two periods, however the
average rate earned on assets decreased from 7.32% to 5.88%. The largest
component of interest income was interest and fees on loans amounting to
$1,049,716 for the quarter ended September 30, 2002 compared to $1,026,707 for
the comparable prior year period. The average loan balance increased by $9.8



                                       9
<PAGE>

million. The overall rate on the loan portfolio decreased from 8.51% for the
three months ended September 30, 2001 to 7.23% for the three-month period ended
September 30, 2002. Interest earned on federal funds sold decreased from $62,622
for the third quarter of 2001 to $33,587 for the third quarter of 2002. The
average balances of federal funds sold increased by approximately $700,000, but
the yield fell from 3.47% to 1.69%. The securities portfolio earned $235,986 for
the third quarter of 2002 with a yield of 4.10%. For the third quarter of 2001,
the portfolio earned $194,853 with a yield of 5.38%. The average balance
outstanding increased approximately $8.5 million.

         Interest expense decreased from $594,015 for the three months ended
September 30, 2001 to $400,980 for the three months ended September 30, 2002.
The decrease was the direct result of the decrease in rates paid on deposits and
other liabilities, from an average of 4.19% for the third quarter last year to
an average rate of 2.20% this year. Average interest-bearing liabilities,
primarily deposits, increased from $56,724,592 to $72,987,719, an increase of
29%. Other interest-bearing borrowings increased as we received a loan from the
Federal Home Loan Bank of $2,500,000 in April 2002 at the rate of 3.65%.
Correspondingly, interest expense on other interest-bearing borrowings increased
by $20,915. See discussion of this loan under the section heading
Deposits and Other Borrowings.
-----------------------------

Non-interest Income
-------------------

         Non-interest income for the three-month period ended September 30, 2002
was $325,172 compared to $179,446 for the same period in 2001. Of this total,
$101,614 represented service charges on deposit accounts for the three months
ended September 30, 2002 compared to $119,102 for the comparable period in 2001.
Even though the number of deposit customers continues to increase, service
charges on deposit accounts decreased between the two periods due to the loss of
substantial service charges related to a customer that recently went out of
business. We had net gains on sale of securities of $75,548 for the period ended
September 30, 2002 compared to a net gain of $19,101 in the same period last
year. Our financial services' subsidiary generated $75,792 of fee income in the
third quarter of 2002 compared to $8,841 in the third quarter of 2001. Other
non-interest income of $72,218 consisted of other fees charged to customers of
which the largest component was brokered mortgage fees. Other non-interest
income for the same quarter last year was $32,402.

Non-interest Expense
--------------------

         Non-interest expense for the quarters ended September 30, 2002 and 2001
were $758,785 and $623,640, respectively, a difference of $135,145, or 22%. The
increase can be largely attributed to the increase in salaries and employee
benefits from $381,878 to $467,672, representing an increase of $85,794, or 22%.
This increase is the result of the addition of several new strategic positions
within the bank and its subsidiary, an increase in accrual for bonuses, enhanced
insurance benefits, and general increases in other salaries and benefits.
Occupancy expenses have also increased in the third quarter of 2002 as we have
added fixed assets and have incurred more maintenance on our buildings. A refund
of property taxes paid in prior years minimized the increase in occupancy
expense for the last year.

EARNINGS REVIEW - Comparison of the nine months ended September 30, 2002 to the
nine months ended September 30, 2001

         Our net income for the nine months ended September 30, 2002 was
$722,469 compared to $441,392 for the same period last year. The basic income
per share increased to $.69 compared to $.43 for the same period in 2001, as
adjusted for the stock dividend paid in early 2002. This improvement in earnings
reflects the continuing growth in the level of earning assets since the bank
commenced operations and improvements in


                                       10
<PAGE>

non-interest  income in levels  that  offset an  increase  in  non-interest
expense.  The level of average  earning  assets was $86.6  million  for the nine
months ended September 30, 2002 as compared to $64.6 million for the nine months
ended September 30, 2001.

         The following presents, in a tabular form, yield and rate data for
interest-bearing balance sheet components during the nine month periods ended
September 30, 2002 and 2001, along with average balances and the related
interest income and interest expense amounts.

<TABLE>
<CAPTION>

                                                  Nine months ended September 30, 2002         Nine months ended September 30, 2001
                                                  ------------------------------------         ------------------------------------
                                                 Average        Interest         Yield       Average         Interest       Yield/
                                                 Balance      Income/Expense     /Rate       Balance      Income/Expense    Rate
                                                 -------      --------------     -----       -------      --------------    -----

<S>                                             <C>              <C>             <C>         <C>              <C>            <C>
ASSETS
Federal funds sold                             $ 6,177,768      $   77,884       1.68%      $ 6,110,839      $  195,802      4.27%
Cash and short-term investments                  1,545,735          43,183       3.72%          985,285          46,013      6.23%
Securities                                      23,533,702         755,967       4.28%       12,044,160         527,484      5.84%
Loans                                           55,334,784       3,053,788       7.36%       45,505,005       3,021,393      8.85%
                                               -----------      ----------                  -----------      ----------
Total earning assets                            86,591,989       3,930,822       6.05%       64,645,289       3,790,692      7.82%

Cash and due from banks                          2,224,465                                    1,881,860
Premises and equipment                           3,143,371                                    2,818,941
Other assets                                     1,214,545                                    1,003,794
Allowance for loan losses                         (709,612)                                    (616,145)
                                               -----------                                  -----------
         Total assets                           92,464,758                                   69,733,739
                                               ===========                                  ===========

LIABILITIES & EQUITY
Interest-bearing deposits:
Transaction accounts                            10,413,853          42,470       0.54%        6,982,364          52,442     1.00%
Money market accounts                           12,498,465         162,713       1.74%       11,133,054         281,177     3.37%
Savings deposits                                13,262,099         203,476       2.05%        4,237,565         128,395     4.04%
Time deposits                                   31,825,982         830,792       3.48%       27,881,531       1,253,207     5.99%
                                               -----------      ----------                  -----------      ----------
         Total interest bearing deposits        68,000,399       1,239,451       2.43%       50,234,514       1,715,221     4.55%
Interest-bearing borrowings                      2,021,643          48,361       3.19%          434,062          13,063     4.01%
                                               -----------      ----------                  -----------      ----------
         Total interest-bearing liabilities     70,022,042       1,287,812       2.45%       50,668,576       1,728,284     4.55%

Demand deposits                                 11,328,024                                    8,713,416
Other liabilities                                  267,955                                      294,723
Shareholders' equity                            10,846,737                                   10,057,024
                                               -----------                                  -----------
         Total liabilities &
         shareholders equity                   $92,464,758                                  $69,733,739
                                               ===========                                  ===========

Net interest spread                                                              3.60%                                       3.27%
Net interest income/margin                                      $2,643,010       4.07%                       $2,062,408      4.25%
                                                                ==========                                   ==========
</TABLE>

         Net interest income was $2,643,010 for the nine months ended September
30, 2002 as compared to $2,062,408 for the nine months ended September 30, 2001.
The net interest margin (net interest income divided by average earning assets)
was 4.07% for the nine months ended September 30, 2002 compared to the net
interest margin of 4.25% for the nine months ended September 30, 2001.

         Interest income for the nine months ending September 30, 2002 was
$3,930,822 compared to $3,790,692 for the same period in 2001. The volume of
total earning assets increased from $64.6 million at September 30, 2001 to $86.6
million at September 30, 2002. The largest component of interest income was



                                       11
<PAGE>

interest and fees on loans amounting to $3,053,788 for the nine months ended
September 30, 2002 compared to $3,021,393 for the comparable prior year period.
The overall rate on the loan portfolio decreased from 8.85% for the nine months
ended September 30, 2001 to 7.36% for the nine month period ended September 30,
2002 as we encountered a period of low interest rates. The primary reason for a
decrease in the interest earned on federal funds sold was a decrease in rates
from 4.27% to 1.68%. The average balance of federal funds remained relatively
constant with an increase of $66,929. Interest income on securities increased
between the two periods as the average balances were significantly higher by
about $11 million, but the yield fell from 5.84% to 4.28%.

         Interest expense decreased from $1,728,284 for the nine months ended
September 30, 2001 to $1,287,812 for the nine months ended September 30, 2002
due to a decrease in average rates paid on liabilities from 4.55% to 2.45%. This
decrease occurred even though the size of interest-bearing liabilities,
primarily deposits, increased from $50.7 million to $70.0 million, an increase
of 38%. Other interest-bearing borrowings increased due to a $2,500,000 loan
from the Federal Home Loan Bank in April 2002 at the rate of 3.65%.

Non-interest Income
-------------------

         Non-interest income for the nine months ended September 30, 2002 was
$811,081 compared to $466,616 for the same period in 2001. Of this total,
$354,370 represented service charges on deposit accounts for the nine months
ended September 30, 2002 compared to $310,705 for the comparable period in 2001.
The increase in income from deposit service charges is due to the increase in
the number of deposit customers. We had net gains on sale of securities of
$86,886 for the nine months ended September 30, 2002 compared to net gains of
$37,538 during the same period last year. Non-deposit fees from our financial
services subsidiary were $186,038 through September 30, 2002 compared to $24,243
through the same period in 2001. The increase is due to the addition of
personnel in the subsidiary who are primarily generating fees on insurance
products. Prior to this, the subsidiary was primarily generating brokerage fees.
The remaining $183,787 of other non-interest income for the nine months ended
September 30, 2002 consisted of income generated from other fees charged such as
brokered mortgage origination fees, check cashing fees, internet fees, ATM
interchange fees, wire transfer fees and commissions on sale of checks to
customers. The comparable amount for last year was $94,130. The leading cause of
increase between the two periods is the income generated from brokered mortgages
which increased this year over last year due to the decrease in mortgage
interest rates. Brokered mortgage fees were $103,356 for the nine months ended
September 30, 2002 compared to $37,914 the same period last year.

Non-interest Expense
--------------------

         Non-interest expense for the nine months ended September 30, 2002 and
2001 was $2,172,185 and $1,748,013, respectively, a 24% increase. The largest
component of non-interest expense for the nine months ended September 30, 2002
and 2001 was salaries and employee benefits of $1,308,110 and $1,001,724,
respectively. Salaries and employee benefits expense increased 31% due to the
addition of several executive and other key employees as well as general merit
increases, an increase in the matching on our 401(k) plan, more coverage on our
group insurance plans, and an increase in the bonus accrual. Additionally, staff
was added in association with the move to our new banking facility that occurred
in the second quarter of 2001. Occupancy and equipment expense increased from
$177,007 to $246,736, or 39%. The primary reason for the increase in occupancy
and equipment expenses was depreciation and utility increases associated with
the new office building. In addition, a refund of property taxes reduced
occupancy and equipment expenses to uncharacteristically low levels in 2001.
Consulting and professional fees increased from $96,220 to $113,469, or 18% due
to legal fees paid in the normal course of business relating to collection of
problem loans, increases in regulatory fees that are based on the bank's size,
and due to general increases in audit and other consulting



                                       12
<PAGE>



fees. General operating  expenses increased from $283,517 to $306,562, or
8%, due mainly to increases in data processing, telephone, and postage expenses.

Provision for Loan Losses
-------------------------

         The provision for loan losses was $193,261 and $81,288, respectively,
for the nine months ended September 30, 2002 and 2001, bringing the total
reserve balance to $800,000 and $651,474 at September 30, 2002 and 2001,
respectively. This amount represents 1.33% of gross loans at September 30, 2002,
compared to 1.35% at September 30, 2001. It also reflects our estimate of the
amounts necessary to maintain the allowance for loan losses at a level believed
to be adequate in relation to the current size, mix and quality of the loan
portfolio. See the description of the allowance for loan losses below. However,
our judgment as to the adequacy of the allowance is based upon a number of
assumptions about future events that we believe to be reasonable, but which may
or may not be accurate. Because of the inherent uncertainty of assumptions made
during the evaluation process, there can be no assurance that charge-offs in
future periods will not exceed the allowance for loan losses or that additional
increases in the loan loss allowance will not be required. We had $475,785 in
loans that were classified as non-accrual at September 30, 2002 compared to
$639,938 in non-accrual loans at September 30, 2001. The non-accrual balance at
September 30, 2002 consisted primarily of loans that are either secured by real
estate or guaranteed by a governmental agency. We have examined these loans and
do not believe that our loss exposure would be material due to the collateral
and guarantee involved. There were net charge-offs of $30,261 for the nine
months ended September 30, 2002 and $1,872 for the nine months ended September
30, 2001.


BALANCE SHEET REVIEW

         Total consolidated assets grew by $15.1 million from $87,730,486 at
December 31, 2001 to $102,808,729 at September 30, 2002. The increase was
generated primarily through an increase of $11.4 million in deposits and $2.5
million in borrowings from the Federal Home Loan Bank (FHLB). This increase in
funds allowed for the growth in net loans of $9.7 million. In addition,
short-term investments increased $1.0 million and overnight Federal funds sold
increased by $3.9 million.

Loans
-----

         Outstanding loans represent the largest component of earning assets as
of September 30, 2002 at $59,275,174, or approximately 62% of total earning
assets. Net loans increased $9,674,380, or 20%, since December 31, 2001.

         The interest rates charged on loans vary with the degree of risk,
maturity and amount of the loan. Competitive pressures, money market rates,
availability of funds, and government regulations also influence interest rates.
The average yield on our loans for the nine months ended September 30, 2002 was
7.36% as compared to a yield of 8.77% for the year ended December 31, 2001.

         The principal components of our loan portfolio at September 30, 2002
and December 31, 2001, consisted of real estate loans comprising approximately
86.7% and 85.7% of total loans, respectively. Real estate loan means any loan
secured by real estate, regardless of the purpose of the loan. It is common
practice for financial institutions in our market area to obtain a security
interest in real estate whenever possible, in addition to any other available
collateral. This collateral is taken to reinforce the likelihood of the ultimate


                                       13
<PAGE>


repayment of the loan and tends to increase the magnitude of the real estate
portfolio component. The following table shows the composition of the loan
portfolio by category.

<TABLE>
<CAPTION>
                                                                September 30, 2002               December 31, 2001
                                                                ------------------               -----------------
                                                              Amount            Percent       Amount              Percent
                                                              ------            -------       ------              -------

<S>                                                         <C>                  <C>         <C>                    <C>
       Commercial and industrial                            $ 6,034,732          10.0%       $ 4,911,737            9.8%
       Real estate
            Mortgage - residential                           17,534,062          29.2%        13,650,406           27.1%
            Mortgage - commercial                            24,230,257          40.3%        19,859,456           39.5%
            Mortgage - construction & other                  10,376,280          17.2%         9,640,534           19.1%
       Consumer and other                                     1,974,546           3.3%         2,238,469            4.5%
                                                            -----------         ------       -----------          ------
                      Total loans                            60,149,877         100.0%        50,300,602          100.0%
         Allowance for loan losses                             (800,000)                        (637,000)
         Unearned fees                                          (74,703)                         (62,808)
                                                            -----------                      -----------
                      Total net loans                       $59,275,174                      $49,600,794
                                                            ===========                      ===========
</TABLE>

Allowance for Loan Losses
-------------------------

         The allowance for loan losses at September 30, 2002 was $800,000, or
1.33% of loans outstanding, compared to an allowance of $637,000, or 1.27% of
loans outstanding, at December 31, 2001. The allowance for loan losses is based
upon our continuing evaluation of the collectibility of loans based somewhat on
historical loan loss experience, but primarily on current economic conditions
affecting the ability of borrowers to repay, the volume of loans, the quality of
collateral securing non-performing and problem loans, and other factors
deserving recognition. The bank's policy has been to review the allowance for
loan losses using a reserve factor for each type of loan. The overall objective
is to apply percentages to the loans based on the relative inherent risk for
that loan type and grade. Reserve factors are based on peer group data,
information from regulatory agencies, and on the experience of our bank's
lenders. The reserve factors will change depending on trends in national and
local economic conditions, the depth of experience of our bank's lenders,
delinquency trends, and other factors.

Cash, Short-Term Investments and Securities
-------------------------------------------

         Cash (invested in overnight funds), short-term investments, and
securities represented approximately 38% of earning assets at September 30,
2002, or $36,293,738. This represented an increase of $5.1 million from the
December 31, 2001 balance of $31,168,270. The combined yield on invested cash,
short-term investments and securities was 3.74% for the nine months ended
September 30, 2002 compared to 4.85% for the year ended December 31, 2001.
Short-term investments at September 30, 2002 and at December 31, 2001 consisted
of commercial paper in another financial institution with balances of $1,988,139
and $971,889, respectively. Included in available-for-sale securities is
$196,300 of stock purchased in the Federal Home Loan Bank of Atlanta, of which
$59,200 was purchased in the first quarter of 2002. This purchase was a
requirement from the FHLB in order to borrow from them in the future.

Deposits and Other Borrowings
-----------------------------

         Our primary source of funds for loans and investments is deposits.
Deposits grew $11,354,080, or 15%, since year-end 2001 for a total of
$87,522,592 at September 30, 2002. The average rates paid on interest-


                                       14
<PAGE>


bearing deposits were 2.43% and 4.89% at September 30, 2002 and December 31,
2001, respectively. In pricing deposits, we consider our liquidity needs, the
direction and levels of interest rates, and local market conditions. We have
seen a decrease in the price of our deposits due to declining rates in the
general economy and in the local market.

         In April 2002, we took advantage of lower interest rates to secure an
advance of $2,500,000 with the Federal Home Loan Bank (FHLB) at a rate of 3.65%.
The loan has a five year maturity with an early conversion option as of April
2004 and each quarter thereafter. If the FHLB exercises its conversion option,
the advance will be converted to a floating rate or can be repaid without
penalty. If the FHLB does not exercise its option, the advance will continue at
the original rate.

Shareholders' Equity
--------------------

         On November 20, 2001, the Board of Directors declared a 5% stock
dividend which was paid on January 2, 2002 to shareholders of record on December
15, 2001. The number of shares issued was 49,379 with a market value of $13.50
for a total decrease in retained earnings of $666,616. Cash paid in lieu of
stock for fractional shares totaled $2,880.

         In the first quarter, an employee exercised stock options for which
1,764 shares of stock were issued. In the third quarter, another employee
exercised stock options for which 3,205 shares of stock were issued.

Liquidity and Sources of Capital

         At September 30, 2002, our liquid assets, consisting of cash and due
from banks and Federal funds sold, amounted to $13,736,519, representing 13.4%
of total assets. Short-term investments and securities equaled $25,993,738, or
25.3% of total assets. These securities provide a secondary source of liquidity
because they can be converted into cash in a timely manner. Our ability to
maintain and expand our deposit base and borrowing capabilities also serves as a
source of liquidity. For the nine months ended September 30, 2002, total
deposits increased by $11,354,080 representing an increase of 15%, or 20% on an
annualized basis. Growth for the year thus far is not necessarily indicative of
expected growth for the remainder of the year. We closely monitor and seek to
maintain appropriate levels of interest-earning assets and interest-bearing
liabilities so that maturities of assets are such that adequate funds are
provided to meet customer withdrawals and loan demand.

         We plan to meet future cash needs through the liquidation of temporary
investments, maturities of loans and investment securities, and generation of
deposits. In addition, the bank maintains two unsecured lines of credit from
correspondent banks, one in the amount of $2,400,000 and another for $1,800,000.
The bank is also a member of the Federal Home Loan Bank (FHLB), from which
additional applications may be made for borrowing capabilities, if needed.

         The bank currently maintains a level of capitalization in excess of the
minimum capital requirements set by the regulatory agencies. Despite anticipated
asset growth, we expect capital ratios to continue to be adequate for the next
two to three years. However, no assurances can be given in this regard, as rapid
growth, deterioration in loan quality, and operating losses, or a combination of
these factors, could change our capital position in a relatively short period of
time.



                                       15
<PAGE>


         Below is a table that reflects the leverage and risk-based regulatory
capital ratios of the bank at September 30, 2002:

                                                Well-Capitalized    Minimum
                                  Ratio           Requirement      Requirement
                                  -----           -----------      -----------

Tier 1 capital                    11.10%           6.00%             4.0%
Total capital                     12.29%          10.00%             8.0%
Tier 1 leverage ratio              8.09%           5.00%             4.0%

Off-Balance Sheet Risk
----------------------

         Through the operations of our bank, we have made contractual
commitments to extend credit in the ordinary course of our business activities.
These commitments are legally binding agreements to lend money to our customers
at predetermined interest rates for a specified period of time. At September 30,
2002, we had issued commitments to extend credit of $14,068,000 through various
types of commercial lending arrangements and we had $576,000 in letters of
credit issued. We evaluate each customer's credit worthiness on a case-by-case
basis. The amount of collateral obtained, if deemed necessary by us upon
extension of credit, is based on our credit evaluation of the borrower.
Collateral varies but may include accounts receivable, inventory, property,
plant and equipment, commercial and residential real estate. We manage the
credit risk on these commitments by subjecting them to normal underwriting and
risk management processes.

Recently Issued Accounting Standards
------------------------------------

       Accounting standards that have been issued or proposed by the Financial
Accounting Standards Board that do not require adoption until a future date are
not expected to have a material impact on the consolidated financial statements
upon adoption.

Item 3.  Controls and Procedures

         Within 90 days prior to the date of this report, we carried out an
evaluation, under the supervision and with the participation of our principal
executive officer and principal financial officer, of the effectiveness of the
design and operation of our disclosure controls and procedures (as defined in 17
C.F.R. Sections 240.13a-14(c) and 240.15d-14(c)). Based on this evaluation, our
principal executive officer and principal financial officer concluded that the
effectiveness of such controls and procedures are adequate to timely alert them
to material information required to be included in our periodic SEC reports. The
design of any system of controls is based in part upon certain assumptions about
the likelihood of future events, and there can be no assurance that any design
will succeed in achieving its stated goals under all potential future
conditions, regardless of how remote.

         In addition, we reviewed our internal controls, and there have been no
significant changes in our internal controls or in other factors that could
significantly affect those controls subsequent to the date of their last
evaluation.



                                       16
<PAGE>



PART II - OTHER INFORMATION
---------------------------

Item 1. Legal Proceedings
-------------------------

Not Applicable

Item 2. Changes in Securities and Use of Proceeds
-------------------------------------------------

Not Applicable

Item 3. Defaults Upon Senior Securities
---------------------------------------

Not Applicable

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

 None.

Item 5. Other Information
-------------------------

None.


Item 6. Exhibits and Report on Form 8-K
---------------------------------------

       (a) Exhibits List:  None.

       (b) Reports on Form 8-K -
       The following reports were filed on Form 8-K during the third quarter
       ended September 30, 2002.

       99.1   The Company filed a Form 8-K on August 9, 2002 to disclose that
              the Chief Executive Officer, Tommy B. Wessinger, and the Chief
              Financial Officer, Jean H. Covington, each furnished to the SEC
              the certification required pursuant to 18 U.S.C. Section 1350, as
              adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.




                                       17
<PAGE>



                                   SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                             People's Community Capital Corporation
                             --------------------------------------
                             (Registrant)


Date:  November 8, 2002      By: /s/ Tommy B. Wessinger
                                -----------------------------------------
                                Tommy B. Wessinger
                                Chief Executive Officer


                             By: /s/ Jean H. Covington
                                -----------------------------------------
                                Jean H. Covington
                                Principal Accounting and Chief Financial Officer










                                       18
<PAGE>



                      Certification by CEO

I, Tommy B. Wessinger, certify that:

1.   I have  reviewed  this  quarterly  report  on  Form  10QSB  of  People's
     Community Capital Corporation;

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

         a) designed such disclosure controls and procedures to ensure that
         material information relating to the registrant, including its
         consolidated subsidiaries, is made known to us by others within those
         entities, particularly during the period in which this quarterly report
         is being prepared;

         b) evaluated the effectiveness of the registrant's disclosure controls
         and procedures as of a date within 90 days prior to the filing date of
         this quarterly report (the "Evaluation Date"); and

         c) presented in this quarterly report our conclusions about the
         effectiveness of the disclosure controls and procedures based on our
         evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent function):

         a) all significant deficiencies in the design or operation of internal
         controls which could adversely affect the registrant's ability to
         record, process, summarize and report financial data and have
         identified for the registrant's auditors any material weaknesses in
         internal controls; and

         b) any fraud, whether or not material, that involves management or
         other employees who have a significant role in the registrant's
         internal controls; and

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

Date: November 8, 2002
                                     /s/ Tommy B. Wessinger
                                    -------------------------------------------
                                    Tommy B. Wessinger, Chief Executive Officer


                                       19
<PAGE>

                      Certification by CFO

I, Jean H. Covington, certify that:

1.   I have reviewed this quarterly report on Form 10QSB of People's Community
     Capital Corporation;

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

         a) designed such disclosure controls and procedures to ensure that
         material information relating to the registrant, including its
         consolidated subsidiaries, is made known to us by others within those
         entities, particularly during the period in which this quarterly report
         is being prepared;

         b) evaluated the effectiveness of the registrant's disclosure controls
         and procedures as of a date within 90 days prior to the filing date of
         this quarterly report (the "Evaluation Date"); and

         c) presented in this quarterly report our conclusions about the
         effectiveness of the disclosure controls and procedures based on our
         evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent function):

         a) all significant deficiencies in the design or operation of internal
         controls which could adversely affect the registrant's ability to
         record, process, summarize and report financial data and have
         identified for the registrant's auditors any material weaknesses in
         internal controls; and

         b) any fraud, whether or not material, that involves management or
         other employees who have a significant role in the registrant's
         internal controls; and

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

Date: November 8, 2002
                                      /s/ Jean H. Covington
                                     ------------------------------------------
                                     Jean H. Covington, Chief Financial Officer