----

| X | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------------|

| ROEBLING FINANCIAL CORP, INC.                          |
|--------------------------------------------------------|
| (Exact name of Registrant as specified in its charter) |

| New Jersey                                                    |   | 55-0873295                           |
|---------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction ofincorporation or organization) |   | (I.R.S. Employer Identification No.) |

| Route 130 South and Delaware Avenue, Roebling, New Jersey |   | 08554      |   |
|-----------------------------------------------------------|--------|------------|--------|
| (Address of principal executive offices)                  |   | (Zip Code) |   |

| (609) 499-9400                                             |
|------------------------------------------------------------|
| (Registrant’s telephone number, including area code) |

| NA                                                                                  |
|-------------------------------------------------------------------------------------|
| (Former name, former address and former fiscal year, if changed since last report)) |

|   | Large accelerated filer o                                            |   | Accelerated filer o         |
|--------|----------------------------------------------------------------------|--------|-----------------------------|
|   | Non-accelerated filer o(Do not check if a smaller reporting company) |   | Smaller reporting company x |

| Class                       |   | Outstanding      |
|-----------------------------|--------|------------------|
| $.10 par value common stock |   | 1,686,527 shares |

----

|                                                          |   |                                                        |                                | PageNumber   |
|---------------------------------------------------------------|--------|-------------------------------------------------------------|-------------------------------------|--------------|
|                                                          |   |                                                        |                                |         |
| PART I - FINANCIAL INFORMATION OF ROEBLING FINANCIAL CORP, IN |   |
|                                                          |   |                                                        |                                |         |
| Item 1.                                                       |   | Consolidated Financial Statements and Notes Thereto         |                                | 1 – 14 |
| Item 2.                                                       |   | Management’s Discussion and Analysis of Financial     |                                |         |
|                                                          |   |                                                        | Condition and Results of Operations |         | 15 - 18 |
| Item 3.                                                       |   | Quantitative and Qualitative Disclosures About Market Risk  |                                | 18           |
| Item 4T.                                                      |   | Controls and Procedures                                     |                                | 18           |
|                                                          |   |                                                        |                                |         |
| PART II - OTHER INFORMATION                                   |   |                                                        |
|                                                          |   |                                                        |                                |         |
| Item 1.                                                       |   | Legal Proceedings                                           |                                | 19           |
| Item 1A.                                                      |   | Risk Factors                                                |                                | 19           |
| Item 2.                                                       |   | Unregistered Sales of Equity Securities and Use of Proceeds |                                | 19           |
| Item 3.                                                       |   | Defaults upon Senior Securities                             |                                | 19           |
| Item 4.                                                       |   | Reserved                                                    |                                | 19           |
| Item 5.                                                       |   | Other Information                                           |                                | 19           |
| Item 6.                                                       |   | Exhibits                                                    |                                | 20           |
|                                                          |   |                                                        |                                |         |
| SIGNATURES                                                    |   | 21                                                          |

----

|                                                                     |   | December 31,  |    |    |  September 30, |   |
|--------------------------------------------------------------------------|--------|--------------------|---------|---------|---------------------|--------|
|                                                                     |   | 2010               |    |    | 2010                |   |
|                                                                     |   |               |    |    |                |   |
| Assets                                                                   |   |               |    |    |                |   |
|                                                                     |   |               |    |    |                |   |
| Cash and due from banks                                                  |   | $                  | 800     |    |                | $      | 908 |   |
| Interest-bearing deposits                                                |   |               | 2,243   |    |                |   | 5,111 |   |
|      Total cash and cash equivalents            |   |               | 3,043   |    |                |   | 6,019 |   |
|                                                                     |   |               |    |    |                |   |   |   |
| Securities available for sale                                            |   |               | 41,612  |    |                |   | 40,593 |   |
| Securities held to maturity                                              |   |               | 124     |    |                |   | 127 |   |
| Loans receivable, net                                                    |   |               | 112,190 |    |                |   | 111,967 |   |
| Real estate owned                                                        |   |               | 352     |    |                |   | 749 |   |
| Accrued interest receivable                                              |   |               | 525     |    |                |   | 504 |   |
| Federal Home Loan Bank of New York stock, at cost                        |   |               | 701     |    |                |   | 746 |   |
| Premises and equipment                                                   |   |               | 3,193   |    |                |   | 3,224 |   |
| Other assets                                                             |   |               | 3,528   |    |                |   | 2,829 |   |
|      Total assets                               |   | $                  | 165,268 |    |                | $      | 166,758 |   |
|                                                                     |   |               |    |    |                |   |   |   |
| Liabilities and Stockholders' Equity                                     |   |               |    |    |                |   |   |   |
|                                                                     |   |               |    |    |                |   |   |   |
| Liabilities                                                              |   |               |    |    |                |   |   |   |
|                                                                     |   |               |    |    |                |   |   |   |
| Deposits                                                                 |   | $                  | 138,193 |    |                | $      | 138,769 |   |
| Borrowed funds                                                           |   |               | 9,000   |    |                |   | 10,000 |   |
| Advances from borrowers for taxes and insurance                          |   |               | 504     |    |                |   | 456 |   |
| Other liabilities                                                        |   |               | 1,546   |    |                |   | 1,417 |   |
|      Total liabilities                          |   |               | 149,243 |    |                |   | 150,642 |   |
|                                                                     |   |               |    |    |                |   |   |   |
| Stockholders' equity                                                     |   |               |    |    |                |   |   |   |
|                                                                     |   |               |    |    |                |   |   |   |
| Serial preferred stock, $0.10 par value; 5,000,000 shares authorized;    |   |
|   none issued                                                  |   |               | -       |    |                |   | - |   |
| Common stock; $0.10 par value; 20,000,000 shares authorized;             |   |
|   1,718,473 issued                                             |   |               | 172     |    |                |   | 172 |   |
| Additional paid-in-capital                                               |   |               | 10,341  |    |                |   | 10,348 |   |
| Treasury stock; 31,946 shares, at cost                                   |   |               | (190    | )       |                |   | (190 | ) |
| Unallocated employee stock ownership plan shares                         |   |               | (291    | )  |                |   | (310 | )  |
| Unallocated restricted stock plan shares                                 |   |               | (97     | )       |                |   | (93 | ) |
| Deferred compensation obligation                                         |   |               | 261     |    |                |   | 240 |   |
| Stock purchased for deferred compensation plan                           |   |               | (261    | )       |                |   | (240 | ) |
| Retained earnings - substantially restricted                             |   |               | 5,641   |    |                |   | 5,502 |   |
| Accumulated other comprehensive income (loss):                           |   |
| Unrealized gain on securities available for sale, net of tax             |   |               | 571     |    |                |   | 812 |   |
|   Defined benefit plan, net of tax                             |   |               | (122    | )       |                |   | (125 | ) |
|      Total stockholders' equity                 |   |               | 16,025  |    |                |   | 16,116 |   |
|                                                                     |   |               |    |    |                |   |   |   |
|      Total liabilities and stockholders' equity |   | $                  | 165,268 |    |                | $      | 166,758 |   |

----

|                                                                                           |   | For the Three Months Ended |   |
|-----------------------------------------------------------------------------------------------------|--------|----------------------------|--------|
|                                                                                                |   |  December 31,         |   |
|                                                                                                |   | 2010                       |   |   | 2009 |   |
|                                                                                                |   |                       |   |   |   |   |
| Interest income:                                                                                    |   |                       |   |   |   |   |
|    Loans receivable                                                                  |   | $                          | 1,436  |   |   | $ | 1,612 |   |
|    Securities                                                                        |   |                       | 324    |   |   |   | 416 |   |
|    Other interest-earning assets                                                     |   |                       | 13     |   |   |   | 13 |   |
|         Total interest income                               |   |                       | 1,773  |   |   |   | 2,041 |   |
|                                                                                                |   |                       |   |   |   |   |   |   |
| Interest expense:                                                                                   |   |                       |   |   |   |   |   |   |
|    Deposits                                                                          |   |                       | 422    |   |   |   | 545 |   |
|    Borrowed funds                                                                    |   |                       | 55     |   |   |   | 104 |   |
|         Total interest expense                              |   |                       | 477    |   |   |   | 649 |   |
|                                                                                                |   |                       |   |   |   |   |   |   |
| Net interest income before provision for loan losses                                                |   |                       | 1,296  |   |   |   | 1,392 |   |
| Provision for loan losses                                                                           |   |                       | 50     |   |   |   | 425 |   |
|         Net interest income after provision for loan losses |   |                       | 1,246  |   |   |   | 967 |   |
|                                                                                                |   |                       |   |   |   |   |   |   |
| Non-interest income:                                                                                |   |                       |   |   |   |   |   |   |
|    Loan fees                                                                         |   |                       | 22     |   |   |   | 22 |   |
|    Account servicing and other                                                       |   |                       | 100    |   |   |   | 107 |   |
|    Gain on sale of loans                                                             |   |                       | 8      |   |   |   | 2 |   |
|         Total non-interest income                           |   |                       | 130    |   |   |   | 131 |   |
|                                                                                                |   |                       |   |   |   |   |   |   |
| Non-interest expense:                                                                               |   |                       |   |   |   |   |   |   |
|    Compensation and benefits                                                         |   |                       | 579    |   |   |   | 582 |   |
|    Occupancy and equipment                                                           |   |                       | 119    |   |   |   | 141 |   |
|    Service bureau and data processing                                                |   |                       | 129    |   |   |   | 139 |   |
|    Federal deposit insurance premiums                                                |   |                       | 81     |   |   |   | 82 |   |
|    Real estate and repossessed asset expense, net                                    |   |                       | 18     |   |   |   | 30 |   |
|    Other expense                                                                     |   |                       | 230    |   |   |   | 269 |   |
|         Total non-interest expense                          |   |                       | 1,156  |   |   |   | 1,243 |   |
|                                                                                                |   |                       |   |   |   |   |   |   |
|         Income (loss) before income tax (benefit)           |   |                       | 220    |   |   |   | (145 | ) |
| Income tax (benefit)                                                                                |   |                       | 81     |   |   |   | (64 | ) |
|         Net income (loss)                                   |   |                       | 139    |   |   |   | (81 | ) |
|                                                                                                |   |                       |   |   |   |   |   |   |
| Other comprehensive income (loss), net of tax:                                                      |   |                       |   |   |   |   |   |   |
|    Unrealized loss on securities available for sale, net of tax                      |   |                       | (241   | ) |   |   | (16 | ) |
|    Adjustment to minimum pension liability                                           |   |                       | 3      |   |   |   | 4 |   |
| Comprehensive loss                                                                                  |   | $                          | (99    | ) |   | $ | (93 | ) |
|                                                                                                |   |                       |   |   |   |   |   |   |
| Earnings (loss) per common share:                                                                   |   |                       |   |   |   |   |   |   |
|   Basic                                                                                   |   | $                          | 0.08   |   |   | $ | (0.05 | ) |
|   Diluted                                                                                 |   | $                          | 0.08   |   |   | $ | (0.05 | ) |
|                                                                                                |   |                       |   |   |   |   |   |   |
| Weighted average number of shares outstanding:                                                      |   |                       |   |   |   |   |   |   |
|   Basic                                                                                   |   |                       | 1,651  |   |   |   | 1,642 |   |
|   Diluted                                                                                 |   |                       | 1,651  |   |   |   | 1,642 |   |
|                                                                                                |   |                       |   |   |   |   |   |   |
| See notes to unaudited consolidated financial statements.                                           |   |                       |   |   |   |   |   |   |

----

|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |  Common    |   |   |     |   |   | Accumulated    |   |   |   |   |
|------------------------------------------------|--------------|--------|--------|------------------|--------|---------|----------------|--------|--------|-------------------|--------|--------|-------------------|--------|--------|--------------------|--------|--------|-----------------|--------|--------|----------|--------|--------|---------------------|--------|--------|--------|--------|
|                                           |         |   |   |  Additional |   |    |           |   |   |  Unallocated |   |   |  Unallocated |   |   | Deferred           |   |   |  Stock for |   |   |     |   |   |  Other         |   |   |   |   |
|                                           | Common  |   |   |  Paid-in    |   |    | Treasury  |   |   | ESOP         |   |   | RSP          |   |   | Compensation  |   |   | Deferred   |   |   | Retained |   |   | Comprehensive  |   |   |   |   |
|                                           | Stock        |   |   | Capital          |   |    | Stock          |   |   | Shares            |   |   | Shares            |   |   | Obligation         |   |   | Compensation    |   |   | Earnings |   |   | Income (Loss)       |   |   | Total  |   |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |
| Balance at September 30,   2010 | $            | 172    |   |             | $      | 10,348  |           |   | $      | (190              | )      |   | $                 | (310   | )      |               | $      | (93    | )               |   | $      | 240      |   |   | $                   | (240   | )      |   | $      | 5,502 |   |   | $ | 687 |   |   | $ | 16,116 |   |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income for the three                       |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   months ended                       |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   December 31, 2010                  |         | -      |   |             |   | -       |           |   |   | -                 |   |   |              | -      |   |               |   | -      |            |   |   | -        |   |   |                | -      |   |   |   | 139 |   |   |   | - |   |   |   | 139 |   |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Amortization of ESOP  shares         |         | -      |   |             |   | (10     | )              |   |   | -                 |   |   |              | 19     |   |               |   | -      |            |   |   | -        |   |   |                | -      |   |   |   | - |   |   |   | - |   |   |   | 9 |   |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Change in unrealized gain                      |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   (loss) on securities          |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   available for sale                 |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   net of tax                         |         | -      |   |             |   |  - |           |   |   | -                 |   |   |              | -      |   |               |   | -      |            |   |   | -        |   |   |                | -      |   |   |   | - |   |   |   | (241 | )  |   |   | (241 | )  |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deferred compensation                |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   plan                               |         | -      |   |             |   | -       |           |   |   | -                 |   |   |              | -      |   |               |   | -      |            |   |   | 21       |   |   |                | -      |   |   |   | - |   |   |   | - |   |   |   | 21 |   |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common stock acquired                          |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   for deferred                       |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   compensation plan                  |         | -      |   |             |   | -       |           |   |   | -                 |   |   |              | -      |   |               |   | -      |            |   |   | -        |   |   |                | (21    | )      |   |   | - |   |   |   | - |   |   |   | (21 | ) |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Allocation of RSP shares                       |         | -      |   |             |   | 6       |           |   |   | -                 |   |   |              | -      |   |               |   | (4     | )               |   |   | -        |   |   |                | -      |   |   |   | - |   |   |   | - |   |   |   | 2 |   |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Tax expense of stock                 |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   benefit plans                      |         | -      |   |             |   | (3      | )              |   |   | -                 |   |   |              | -      |   |               |   | -      |            |   |   | -        |   |   |                | -      |   |   |   | - |   |   |   | - |   |   |   | (3 | ) |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Adjustment to mimimum                          |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   pension liability,            |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   net of tax                         |         | -      |   |             |   | -       |           |   |   | -                 |   |   |              | -      |   |               |   | -      |            |   |   | -        |   |   |                | -      |   |   |   | - |   |   |   | 3 |   |   |   | 3 |   |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance at December 31,  2010        | $            | 172    |   |             | $      | 10,341  |           |   | $      | (190              | )      |   | $                 | (291   | )      |               | $      | (97    | )               |   | $      | 261      |   |   | $                   | (261   | )      |   | $      | 5,641 |   |   | $ | 449 |   |   | $ | 16,025 |   |
|                                           |         |   |   |             |   |    |           |   |   |              |   |   |              |   |   |               |   |   |            |   |   |     |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                                                                                                                                  |   | For the Three Months Ended |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|--------|
|                                                                                                                                                                  |   | December 31,               |   |
|                                                                                                                                                                  |   | 2010                       |   |   | 2009 |   |
|                                                                                                                                                                  |   |                       |   |   |   |   |
| Cash flows from operating activities:                                                                                                                                 |   |                       |   |   |   |   |
|    Net income (loss)                                                                                                                                   |   | $                          | 139    |   |   | $ | (81 | ) |
|    Adjustments to reconcile net income (loss) to cash provided by (used in)                                                                            |   |                       |   |   |   |   |   |   |
|      operating activities:                                                                                                                   |   |                       |   |   |   |   |   |   |
|          Depreciation                                                                                                    |   |                       | 32     |   |   |   | 50 |   |
|          Amortization of premiums and discounts, net                                                                     |   |                       | 11     |   |   |   | 21 |   |
|          Amortization of deferred loan fees and costs, net                                                               |   |                       | 5      |   |   |   | 2 |   |
|          Provision for loan losses                                                                                       |   |                       | 50     |   |   |   | 425 |   |
|          Provision for losses on REO                                                                                     |   |                       | 11     |   |   |   | - |   |
|          (Gain) loss on sale of real estate owned, net                                                                   |   |                       | (2     | ) |   |   | 17 |   |
|          Originations of loans held for sale, net of repayments                                                          |   |                       | (2,641 | ) |   |   | (276 | ) |
|          Gain on sale of loans                                                                                           |   |                       | (8     | ) |   |   | (2 | ) |
|          Proceeds from sale of loans held for sale                                                                       |   |                       | 3,155  |   |   |   | 278 |   |
|          Increase in other assets                                                                                        |   |                       | (544   | ) |   |   | (1,621 | ) |
|          (Increase) decrease in accrued interest receivable                                                              |   |                       | (21    | ) |   |   | 60 |   |
|          Increase in other liabilities                                                                                   |   |                       | 133    |   |   |   | 74 |   |
|          Amortization/allocation of ESOP and RSP                                                                         |   |                       | 11     |   |   |   | 10 |   |
|          Increase in deferred compensation stock obligation                                                              |   |                       | 21     |   |   |   | 33 |   |
|                    Net cash provided by (used in) operating activities |   |                       | 352    |   |   |   | (1,010 | ) |
|                                                                                                                                                                  |   |                       |   |   |   |   |   |   |
| Cash flows from investing activities:                                                                                                                                 |   |                       |   |   |   |   |   |   |
|     Purchase of securities available for sale                                                                                                     |   |                       | (5,029 | ) |   |   | (3,041 | ) |
|     Proceeds from payments and maturities of securities available for sale                                                                        |   |                       | 3,598  |   |   |   | 6,522 |   |
|     Proceeds from payments and maturities of securities held to maturity                                                                          |   |                       | 3      |   |   |   | 6 |   |
|     Net (increase) decrease in loans                                                                                                              |   |                       | (911   | ) |   |   | 721 |   |
|     Proceeds from sale of real estate owned                                                                                                       |   |                       | 516    |   |   |   | 292 |   |
|     Redemption (purchase) of Federal Home Loan Bank stock                                                                                         |   |                       | 45     |   |   |   | (90 | ) |
|     Purchase of premises and equipment                                                                                                            |   |                       | (1     | ) |   |   | (58 | ) |
|                    Net cash (used in) provided by investing activities |   |                       | (1,779 | ) |   |   | 4,352 |   |
|                                                                                                                                                                  |   |                       |   |   |   |   |   |   |
| Cash flows from financing activities:                                                                                                                                 |   |                       |   |   |   |   |   |   |
|     Net decrease in deposits                                                                                                                      |   |                       | (576   | ) |   |   | (4,301 | ) |
|     Net increase in short-term borrowed funds                                                                                                     |   |                       | -      |   |   |   | 5,000 |   |
|     Repayment of long-term borrowed funds                                                                                                         |   |                       | (1,000 | ) |   |   | (3,000 | ) |
|     Increase (decrease) in advance payments by borrowers for taxes                                                                                |   |                       |   |   |   |   |   |   |
|        and insurance                                                                                                               |   |                       | 48     |   |   |   | (12 | ) |
|     Purchase of common shares for deferred compensation plan                                                                                      |   |                       | (21    | ) |   |   | (33 | ) |
|                    Net cash used in financing activities               |   |                       | (1,549 | ) |   |   | (2,346 | ) |
|                                                                                                                                                                  |   |                       |   |   |   |   |   |   |
|     Net (decrease) increase in cash and cash equivalents                                                                                          |   |                       | (2,976 | ) |   |   | 996 |   |
|     Cash and cash equivalents at beginning of period                                                                                              |   |                       | 6,019  |   |   |   | 4,074 |   |
|     Cash and cash equivalents at end of period                                                                                                    |   | $                          | 3,043  |   |   | $ | 5,070 |   |
|                                                                                                                                                                  |   |                       |   |   |   |   |   |   |
| Supplemental Disclosures of Cash Flow Information:                                                                                                                    |   |                       |   |   |   |   |   |   |
|     Cash paid for:                                                                                                                                |   |                       |   |   |   |   |   |   |
|         Interest on deposits and borrowed funds                                                                               |   | $                          | 477    |   |   | $ | 648 |   |
|         Income taxes                                                                                                          |   |                       | 31     |   |   |   | - |   |
|                                                                                                                                                                  |   |                       |   |   |   |   |   |   |
|     Transfer of loans to real estate owned                                                                                                        |   |                       | 128    |   |   |   | 691 |   |

----

|                                             |   |  Three Months Ended |      |
|--------------------------------------------------|--------|--------------------------|-----------|
|                                             |   |  December 31,       |      |
|                                             |   | 2010                     |      |   | 2009 |   |
|                                             |   |                     |      |   |   |   |
| Net income (loss)                                |   | $                        | 139,198   |   |   | $ | (81,182 | ) |
|                                             |   |                     |      |   |   |   |   |   |
| Weighted average common shares                   |   |                     |      |   |   |   |   |   |
|   outstanding for computation of       |   |                     |      |   |   |   |   |   |
|   basic EPS (1)                        |   |                     | 1,651,069 |   |   |   | 1,641,919 |   |
|                                             |   |                     |      |   |   |   |   |   |
| Common-equivalent shares due to                  |   |                     |      |   |   |   |   |   |
|   the dilutive effect of stock options |   |                     |      |   |   |   |   |   |
|   and RSP awards                       |   |                     | -         |   |   |   | - |   |
|                                             |   |                     |      |   |   |   |   |   |
| Weighted-average common shares                   |   |                     |      |   |   |   |   |   |
|   for computation of diluted EPS       |   |                     | 1,651,069 |   |   |   | 1,641,919 |   |
|                                             |   |                     |      |   |   |   |   |   |
| Earnings (loss) per common share:                |   |                     |      |   |   |   |   |   |
|    Basic                          |   | $                        | 0.08      |   |   | $ | (0.05 | ) |
|    Diluted                        |   |                     | 0.08      |   |   |   | (0.05 | ) |
|                                             |   |                     |      |   |   |   |   |   |
| (1) Excludes unallocated ESOP shares             |   |                     |      |   |   |   |   |   |

----

|                                                                       |   |  December 31, 2010 |
|----------------------------------------------------------------------------|--------|-------------------------|
|                                                                       |   | Amortized               |   |   |  Gross Unrealized |   |   | Estimated |   |
|                                                                       |   | Cost                    |   |   | Gains |   |   | Losses |   |   | Fair Value |   |
|                                                                       |   |                    |   |   |   |   |   |   |   |   |   |   |
| Investment Securities                                                      |   |                    |   |   |   |   |   |   |   |   |   |   |
|    U.S. Government and Agency Securities:                   |   |                    |   |   |   |   |   |   |   |   |   |   |
|       Due after one year through five years  |   | $                       | 5,750,000 |   |   | $ | 21,655 |   |   | $ | 17,540 |   |   | $ | 5,754,115 |   |
|       Due after five years through ten years |   |                    | 9,999,024 |   |   |   | 9,600 |   |   |   | 194,184 |   |   |   | 9,814,440 |   |
|                                                                       |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Marketable Equity Securities                             |   |                    | 2,888 |   |   |   | - |   |   |   | 2,768 |   |   |   | 120 |   |
|                                                                       |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Residential Mortgage-backed Securities                   |   |                    | 24,908,417 |   |   |   | 1,173,876 |   |   |   | 38,621 |   |   |   | 26,043,672 |   |
|                                                                       |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   | $                       | 40,660,329 |   |   | $ | 1,205,131 |   |   | $ | 253,113 |   |   | $ | 41,612,347 |   |

|                                                                       |   |  September 30, 2010 |       |
|----------------------------------------------------------------------------|--------|--------------------------|------------|
|                                                                       |   | Amortized                |       |   |  Gross Unrealized |   |   | Estimated |   |
|                                                                       |   | Cost                     |       |   | Gains |   |   | Losses |   |   | Fair Value |   |
|                                                                       |   |                     |       |   |   |   |   |   |   |   |   |   |
| Investment Securities                                                      |   |                     |       |   |   |   |   |   |   |   |   |   |
|    U.S. Government and Agency Securities:                   |   |                     |       |   |   |   |   |   |   |   |   |   |
|       Due after one year through five years  |   | $                        | 4,000,000  |   |   | $ | 33,440 |   |   | $ | - |   |   | $ | 4,033,440 |   |
|       Due after five years through ten years |   |                     | 10,748,648 |   |   |   | 55,347 |   |   |   | 2,810 |   |   |   | 10,801,185 |   |
|                                                                       |   |                     |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Marketable Equity Securities                             |   |                     | 2,888      |   |   |   | - |   |   |   | 2,780 |   |   |   | 108 |   |
|                                                                       |   |                     |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Residential Mortgage-backed Securities                   |   |                     | 24,487,924 |   |   |   | 1,270,228 |   |   |   | - |   |   |   | 25,758,152 |   |
|                                                                       |   |                     |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       |   | $                        | 39,239,460 |   |   | $ | 1,359,015 |   |   | $ | 5,590 |   |   | $ | 40,592,885 |   |

----

|                                                                     |   | December 31, 2010 |      |
|--------------------------------------------------------------------------|--------|-------------------|-----------|
|                                                                     |   | Under One Year    |      |   | One Year or More |   |
|                                                                     |   |              |      |   |   |   |   |   |   |   |   |   |
|                                                                     |   |              |      |   | Gross |   |   |   |   |   | Gross |   |
|                                                                     |   | Estimated         |      |   | Unrealized |   |   | Estimated |   |   | Unrealized |   |
|                                                                     |   | Fair Value        |      |   | Loss |   |   | Fair Value |   |   | Loss |   |
|                                                                     |   |              |      |   |   |   |   |   |   |   |   |   |
| U.S. Government and Agency Securities                                    |   | $                 | 7,787,300 |   |   | $ | 211,724 |   |   | $ | - |   |   | $ | - |   |
| Marketable Equity Securities                                             |   |              | -         |   |   |   | - |   |   |   | 120 |   |   |   | 2,768 |   |
| Residential Mortgage-backed Securities                                   |   |              | 1,985,512 |   |   |   | 38,621 |   |   |   | - |   |   |   | - |   |
|                                                                     |   |              |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|         Total available for sale |   | $                 | 9,772,812 |   |   | $ | 250,345 |   |   | $ | 120 |   |   | $ | 2,768 |   |

|                                                                     |   | September 30, 2010 |      |
|--------------------------------------------------------------------------|--------|--------------------|-----------|
|                                                                     |   | Under One Year     |      |   | One Year or More |   |
|                                                                     |   |               |      |   |   |   |   |   |   |   |   |   |
|                                                                     |   |               |      |   | Gross |   |   |   |   |   | Gross |   |
|                                                                     |   | Estimated          |      |   | Unrealized |   |   | Estimated |   |   | Unrealized |   |
|                                                                     |   | Fair Value         |      |   | Loss |   |   | Fair Value |   |   | Loss |   |
|                                                                     |   |               |      |   |   |   |   |   |   |   |   |   |
| U.S. Government and Agency Securities                                    |   | $                  | 1,997,190 |   |   | $ | 2,810 |   |   | $ | - |   |   | $ | - |   |
| Marketable Equity Securities                                             |   |               | -         |   |   |   | - |   |   |   | 108 |   |   |   | 2,780 |   |
|                                                                     |   |               |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|         Total available for sale |   | $                  | 1,997,190 |   |   | $ | 2,810 |   |   | $ | 108 |   |   | $ | 2,780 |   |

|                                      |   | December 31, |    |   | September 30, |   |
|-------------------------------------------|--------|--------------|---------|--------|---------------|--------|
|                                      |   | 2010         |    |   | 2010          |   |
|                                      |   |         |    |   |          |   |
| Residential Mortgage-backed Securities:   |   |         |    |   |          |   |
|    Amortized cost          |   | $            | 123,736 |   |          | $      | 127,306 |   |
|    Gross unrealized gains  |   |         | 4,982   |   |          |   | 5,191 |   |
|    Gross unrealized losses |   |         | (7      | )      |          |   | (21 | ) |
|                                      |   |         |    |   |          |   |   |   |
|    Estimated fair value    |   | $            | 128,711 |   |          | $      | 132,476 |   |

----

|                 |   | Past Due    |   |   |        |   |   | Total     |   |   |   |   |   |    |   |
|---------------------------|--------|-------------|--------|--------|-------------|--------|--------|-----------|--------|--------|--------|--------|--------|---------|--------|
|                      |   |  30-59 |   |   |  60-89 |   |   |  90+ |   |   |   |   |   |    |   |   | Loans |   |   |   |   |   | 90+ and |   |
| (In thousands)            |   | Days        |   |   | Days        |   |   | Days      |   |   | Total  |   |   | Current |   |   | Receivable |   |   | Non-accrual |   |   | Accruing |   |
|                      |   |        |   |   |        |   |   |      |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Residential:              |   |        |   |   |        |   |   |      |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Mortgage      |   | $           | 157    |   |        | $      | -      |      |   | $      | 702    |   |   | $       | 859    |   |   | $ | 54,048 |   |   | $ | 54,907 |   |   | $ | 702 |   |   | $ | - |   |
|   Home equity   |   |        | 55     |   |        |   | -      |      |   |   | 97     |   |   |    | 152    |   |   |   | 27,998 |   |   |   | 28,150 |   |   |   | 126 |   |   |   | - |   |
| Commercial purpose        |   |        | 968    |   |        |   | 541    |      |   |   | 3,604  |   |   |    | 5,113  |   |   |   | 26,845 |   |   |   | 31,958 |   |   |   | 4,400 |   |   |   | 191 |   |
| Consumer:                 |   |        |   |   |        |   |   |      |   |   |   |   |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Account loans |   |        | -      |   |        |   | -      |      |   |   | -      |   |   |    | -      |   |   |   | 131 |   |   |   | 131 |   |   |   | - |   |   |   | - |   |
|   Unsecured     |   |        | -      |   |        |   | -      |      |   |   | -      |   |   |    | -      |   |   |   | 108 |   |   |   | 108 |   |   |   | - |   |   |   | - |   |
|   Other         |   |        | -      |   |        |   | -      |      |   |   | -      |   |   |    | -      |   |   |   | 98 |   |   |   | 98 |   |   |   | - |   |   |   | - |   |
|                      |   | $           | 1,180  |   |        | $      | 541    |      |   | $      | 4,403  |   |   | $       | 6,124  |   |   | $ | 109,228 |   |   | $ | 115,352 |   |   | $ | 5,228 |   |   | $ | 191 |   |

|                 |   | For the Three Months Ended December 31, 2010 |   |   |       |   |
|---------------------------|--------|----------------------------------------------|--------|--------|------------|--------|
|                      |   |                                         |   |   | Commercial |   |   |   |   |   |   |   |   |   |   |
| (In thousands)            |   | Residential                                  |   |   | Purpose    |   |   | Consumer |   |   | Unallocated |   |   | Total |   |
|                      |   |                                         |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Beginning balance         |   | $                                            | 484    |   |       | $      | 2,664 |   |   | $ | 18 |   |   | $ | 42 |   |   | $ | 3,208 |   |
| Provision for loan losses |   |                                         | 1      |   |       |   | 86 |   |   |   | (1 | ) |   |   | (36 | ) |   |   | 50 |   |
| Charge-offs               |   |                                         | -      |   |       |   | (71 | ) |   |   | - |   |   |   | - |   |   |   | (71 | ) |
| Recoveries                |   |                                         | -      |   |       |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Ending Balance            |   | $                                            | 485    |   |       | $      | 2,679 |   |   | $ | 17 |   |   | $ | 6 |   |   | $ | 3,187 |   |

|                           |   |        |   |   | Commercial |   |   |     |   |   |        |   |   |   |   |
|-------------------------------------|--------|-------------|--------|--------|------------|--------|--------|----------|--------|--------|-------------|--------|--------|--------|--------|
| (In thousands)                      |   | Residential |   |   | Purpose    |   |   | Consumer |   |   | Unallocated |   |   | Total  |   |
|                                |   |        |   |   |       |   |   |     |   |   |        |   |   |   |   |
| Individually                        |   | $           | 83     |   |       | $      | 1,854  |     |   | $      | -           |   |   | $      | -      |   |   | $ | 1,937 |   |
| Collectively                        |   |        | 402    |   |       |   | 825    |     |   |   | 17          |   |   |   | 6      |   |   |   | 1,250 |   |
|      Total |   | $           | 485    |   |       | $      | 2,679  |     |   | $      | 17          |   |   | $      | 6      |   |   | $ | 3,187 |   |

|                           |   |        |   |   | Commercial |   |   |     |   |   |   |   |   |   |   |
|-------------------------------------|--------|-------------|--------|--------|------------|--------|--------|----------|--------|--------|--------|--------|--------|--------|--------|
| (In thousands)                      |   | Residential |   |   | Purpose    |   |   | Consumer |   |   |   |   |   | Total  |   |
|                                |   |        |   |   |       |   |   |     |   |   |   |   |   |   |   |
| Individually                        |   | $           | 735    |   |       | $      | 3,935  |     |   | $      | -      |   |   |   |   |   |   | $ | 4,670 |   |
| Collectively                        |   |        | 82,322 |   |       |   | 28,023 |     |   |   | 337    |   |   |   |   |   |   |   | 110,682 |   |
|      Total |   | $           | 83,057 |   |       | $      | 31,958 |     |   | $      | 337    |   |   |   |   |   |   | $ | 115,352 |   |

----

|                                         |   |    |   |   |      |   |
|----------------------------------------------|--------|---------|--------|--------|-----------|--------|
|                                         |   | Loan    |   |   | Related   |   |
| (In thousands)                               |   | Balance |   |   | Allowance |   |
|                                         |   |    |   |   |      |   |
| With no related allowance:                   |   |    |   |   |      |   |
|    Residential                |   |    |   |   |      |   |
|      Mortage        |   | $       | 32     |   |      |   |   |
|      Home equity    |   |    | 33     |   |      |   |   |
|   Commercial purpose               |   |    | 1,113  |   |      |   |   |
|                                         |   |    |   |   |      |   |   |
| With a related allowance:                    |   |    |   |   |      |   |   |
|    Residential                |   |    |   |   |      |   |   |
|      Mortage        |   |    | 670    |   |      | $      | 83 |   |
|      Home equity    |   |    | -      |   |      |   | - |   |
|   Commercial purpose               |   |    | 2,822  |   |      |   | 1,854 |   |
|                                         |   |    |   |   |      |   |   |   |
| Total:                                       |   |    |   |   |      |   |   |   |
|    Residential                |   |    |   |   |      |   |   |   |
|      Mortage        |   | $       | 702    |   |      | $      | 83 |   |
|      Home equity    |   |    | 33     |   |      |   | - |   |
|   Commercial purpose               |   |    | 3,935  |   |      |   | 1,854 |   |
|      Total impaired |   | $       | 4,670  |   |      | $      | 1,937 |   |

| Credit Risk Profile by Classification: |   |        |   |   |        |   |   |    |   |
|----------------------------------------|--------|-------------|--------|--------|-------------|--------|--------|---------|--------|
|                                   |   | Residential |   |   | Commercial  |   |
| (In thousands)                         |   | Mortgage    |   |   | Home Equity |   |   | Purpose |   |
|                                   |   |        |   |   |        |   |   |    |   |
| Pass                                   |   | $           | 52,376 |   |        | $      | 27,993 |    |   | $ | 21,254 |   |
| Special mention                        |   |        | 1,829  |   |        |   | 60     |    |   |   | 2,264 |   |
| Substandard, not impaired              |   |        | -      |   |        |   | 64     |    |   |   | 4,505 |   |
| Impaired                               |   |        | 702    |   |        |   | 33     |    |   |   | 3,935 |   |
|    Total                |   | $           | 54,907 |   |        | $      | 28,150 |    |   | $ | 31,958 |   |
|                                   |   |        |   |   |        |   |   |    |   |   |   |   |
| Credit Risk Profile by Performance:    |   |        |   |   |        |   |   |    |   |   |   |   |
|                                   |   | Consumer    |   |
|                                   |   | Account     |   |   |        |   |   |    |   |   |   |
| (In thousands)                         |   | Loans       |   |   | Unsecured   |   |   | Other   |   |
|                                   |   |        |   |   |        |   |   |    |   |   |   |   |
| Performing                             |   | $           | 131    |   |        | $      | 108    |    |   | $ | 98 |   |
| Non-performing                         |   |        | -      |   |        |   | -      |    |   |   | - |   |
|    Total                |   | $           | 131    |   |        | $      | 108    |    |   | $ | 98 |   |

----

| Number                                           |   |  Exercise                                   |   | Remaining        |
|--------------------------------------------------|--------|--------------------------------------------------|--------|------------------|
| of Shares                                        |   |  Price                                      |   | Contractual Life |
|                                             |   |                                             |   |             |
|        54,642 |   |  $    10.000            |   | 5.1 years        |
|        48,600 |   |        12.725 |   | 5.7 years        |
|                                             |   |                                             |   |             |
|      103,242            |   |  $    11.283            |   | 5.4 years        |

|                           |   |      |   |   | Weighted   |   |
|--------------------------------|--------|-----------|--------|--------|------------|--------|
|                           |   |      |   |   | Average    |   |
|                           |   | Number    |   |   | Grant Date |   |
|                           |   | of Shares |   |   | Fair Value |   |
|                           |   |      |   |   |       |   |
| Outstanding September 30, 2010 |   |      | 4,912  |   |       | $      | 7.665 |   |
| Granted                        |   |      | -      |   |       |   | - |   |
| Vested                         |   |      | (2,116 | )      |       |   | 8.613 |   |
| Forfeited                      |   |      | -      |   |       |   | - |   |
|                           |   |      |   |   |       |   |   |   |
| Outstanding December 31, 2010  |   |      | 2,796  |   |       | $      | 6.948 |   |

----

|     Level 1: | Quoted prices in active markets for identical assets or liabilities. |
|----------------------------------|----------------------------------------------------------------------|

|     Level 2: | Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; or observable market data. |
|----------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|     Level 3: | Unobservable inputs where there is little, if any, market activity and that are developed based on the best information available under the circumstances. |
|----------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                            |   | Level 1                |   |   | Level 2 |   |   | Level 3 |   |   | Total  |   |
|---------------------------------------------------------------------------------|--------|------------------------|--------|--------|---------|--------|--------|---------|--------|--------|--------|--------|
|                                                                            |   | (Dollars in thousands) |   |   |    |   |   |    |   |
| December 31, 2010                                                               |   |                   |   |   |    |   |   |    |   |   |   |   |
|    Securities available for sale:                                |   |                   |   |   |    |   |   |    |   |   |   |   |
|        U.S. government and agency securities |   | $                      | -      |   |    | $      | 15,568 |    |   | $      | -      |   |   | $ | 15,568 |   |
|        Mortgage-backed securities            |   |                   | -      |   |    |   | 26,044 |    |   |   | -      |   |   |   | 26,044 |   |
|                                                                            |   |                   |   |   |    |   |   |    |   |   |   |   |   |   |   |   |
| September 30, 2010                                                              |   |                   |   |   |    |   |   |    |   |   |   |   |   |   |   |   |
|    Securities available for sale:                                |   |                   |   |   |    |   |   |    |   |   |   |   |   |   |   |   |
|        U.S. government and agency securities |   | $                      | -      |   |    | $      | 14,835 |    |   | $      | -      |   |   | $ | 14,835 |   |
|        Mortgage-backed securities            |   |                   | -      |   |    |   | 25,758 |    |   |   | -      |   |   |   | 25,758 |   |

----

| Gains (losses) included in Other Comprehensive Income, net of tax:              |   |
|---------------------------------------------------------------------------------|--------|
|                                                                            |   |   |   |   |   |   |
|                                                                            |   | Three Months Ended |   |
|                                                                            |   | December 31, |   |
|                                                                            |   | 2010 |   |   | 2009 |   |
|                                                                            |   | (Dollars in thousands) |   |
|    Securities available for sale:                                |   |   |   |   |   |   |
|        U.S. government and agency securities |   | $ | (160 | ) |   | $ | (26 | ) |
|        Mortgage-backed securities            |   |   | (81 | ) |   |   | 10 |   |

|                                      |   | Level 1                |   |   | Level 2 |   |   | Level 3 |   |   | Total  |   |
|-------------------------------------------|--------|------------------------|--------|--------|---------|--------|--------|---------|--------|--------|--------|--------|
|                                      |   | (Dollars in thousands) |   |   |    |   |   |    |   |
| December 31, 2010                         |   |                   |   |   |    |   |   |    |   |   |   |   |
|     Impaired loans    |   | $                      | -      |   |    | $      | -      |    |   | $      | 1,556  |   |   | $ | 1,556 |   |
|     Real estate owned |   |                   | -      |   |    |   | -      |    |   |   | 352    |   |   |   | 352 |   |
|                                      |   |                   |   |   |    |   |   |    |   |   |   |   |   |   |   |   |
| September 30, 2010                        |   |                   |   |   |    |   |   |    |   |   |   |   |   |   |   |   |
|     Impaired loans    |   | $                      | -      |   |    | $      | -      |    |   | $      | 2,400  |   |   | $ | 2,400 |   |
|     Real estate owned |   |                   | -      |   |    |   | -      |    |   |   | 749    |   |   |   | 749 |   |

----

----

|                          |   | Carrying |    |   | Fair   |   |
|-------------------------------|--------|----------|---------|--------|--------|--------|
|                          |   | Amount   |    |   | Value  |   |
|                          |   |     |    |   |   |   |
| Financial Assets              |   |     |    |   |   |   |
|                          |   |     |    |   |   |   |
| Cash and cash equivalents     |   | $        | 3,043   |   |   | $      | 3,043 |   |
| Securities available for sale |   |     | 41,612  |   |   |   | 41,612 |   |
| Securities held to maturity   |   |     | 124     |   |   |   | 129 |   |
| Loans receivable              |   |     | 112,190 |   |   |   | 116,182 |   |
| Accrued interest receivable   |   |     | 525     |   |   |   | 525 |   |
| FHLB stock                    |   |     | 701     |   |   |   | 701 |   |
|                          |   |     |    |   |   |   |   |   |
| Financial Liabilities         |   |     |    |   |   |   |   |   |
|                          |   |     |    |   |   |   |   |   |
| Deposits                      |   |     | 138,193 |   |   |   | 140,236 |   |
| Borrowed funds                |   |     | 9,000   |   |   |   | 9,332 |   |

----

| ITEM 2. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |
|---------|---------------------------------------------------------------------------------------------|

----

|                      |   |  Three Months Ended |      |
|---------------------------|--------|--------------------------|-----------|
|                      |   |  December 31,       |      |
|                      |   | 2010                     |      |   | 2009 |   |
|                      |   |                     |      |   |   |   |
| Balance - beginning       |   | $                        | 3,207,851 |   |   | $ | 2,919,597 |   |
| Provision for loan losses |   |                     | 50,000    |   |   |   | 425,000 |   |
| Charge-offs               |   |                     | (70,904   | ) |   |   | (476,770 | ) |
| Recoveries                |   |                     | 105       |   |   |   | 54 |   |
|                      |   |                     |      |   |   |   |   |   |
| Balance - ending          |   | $                        | 3,187,052 |   |   | $ | 2,867,881 |   |

----

| (Dollars in thousands)         |   | Amount |   |   | Ratio  |   |
|--------------------------------|--------|--------|--------|--------|--------|--------|
|                           |   |   |   |   |   |   |
| Tangible capital               |   | $      | 13,782 |   |   |   | 8.39 | % |
| Tangible capital requirement   |   |   | 2,465  |   |   |   | 1.50 | % |
| Excess over requirement        |   | $      | 11,317 |   |   |   | 6.89 | % |
|                           |   |   |   |   |   |   |   |   |
| Core capital                   |   | $      | 13,782 |   |   |   | 8.39 | % |
| Core capital requirement       |   |   | 6,573  |   |   |   | 4.00 | % |
| Excess over requirement        |   | $      | 7,209  |   |   |   | 4.39 | % |
|                           |   |   |   |   |   |   |   |   |
| Risk-based capital             |   | $      | 15,025 |   |   |   | 15.11 | % |
| Risk-based capital requirement |   |   | 7,956  |   |   |   | 8.00 | % |
| Excess over requirement        |   | $      | 7,069  |   |   |   | 7.11 | % |

----

|                                       |   | At or for the Three Months |   |
|--------------------------------------------|--------|----------------------------|--------|
|                                       |   | Ended December 31,         |   |
|                                       |   | 2010 (1)                   |   |   | 2009 (1) |   |
| Earnings (loss) per common share (2):      |   |                       |   |   |   |   |
| Basic                                      |   | $                          | 0.08   |   |   | $ | (0.05 | ) |
| Diluted                                    |   | $                          | 0.08   |   |   | $ | (0.05 | ) |
| Return on average assets (1)               |   |                       | 0.34   | % |   |   | (0.19 | )% |
| Return on average equity (1)               |   |                       | 3.45   | % |   |   | (2.00 | )% |
| Interest rate spread (1)                   |   |                       | 2.96   | % |   |   | 3.12 | % |
| Net interest margin (1)                    |   |                       | 3.26   | % |   |   | 3.47 | % |
| Non-interest expense to average assets (1) |   |                       | 2.79   | % |   |   | 2.94 | % |
| Non-performing assets to total assets      |   |                       | 3.49   | % |   |   | 4.77 | % |
| Non-performing loans to total loans        |   |                       | 4.70   | % |   |   | 5.47 | % |
| Book value per share (3)                   |   | $                          | 9.50   |   |   | $ | 9.60 |   |

|   |                                                                                                  |   |   |   |   |   |   |   |   |   |   |
|--------|-------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
| (1)    | The ratios for the three month periods presented are annualized.                                      |   |   |   |   |
| (2)    | The average number of shares outstanding during the three months ended December 31, 2010              |
|   | was 1,651,069 basic and diluted.  The average number of shares outstanding during the three |
|   | months ended December 31, 2009 was 1,641,919 basic and diluted.                                       |   |   |   |   |
| (3)    | There were 1,686,527 shares outstanding at December 31, 2010 and December 31, 2009.                   |

----

| ITEM 1. | LEGAL PROCEEDINGS |
|---------|-------------------|

| ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS |
|---------|-------------------------------------------------------------|

|      Period |   |    (a) Total Number of Shares (orUnits) Purchased |   |   |   (b)Average PricePaid per Share(or Unit) |   |   | (c) Total Numberof Shares (or Units)Purchased as Partof PubliclyAnnounced Plansor Programs* |   |   | (d) Maximum Number(or Approximate DollarValue) of Shares (orUnits) that May Yet BePurchased Under thePlans or Programs* |   |
|--------------------------------------|--------|----------------------------------------------------------------------------|--------|--------|-----------------------------------------------------|--------|--------|---------------------------------------------------------------------------------------------|--------|--------|-------------------------------------------------------------------------------------------------------------------------|--------|
|  October 1 through 31           |   |                                                                       | 2,000  | **     |                                                | $      | 4.25   |                                                                                        |   |   | -                                                                                                                       |   |   |   | 64,153 |   |
|  November 1 through 30          |   |                                                                       | -      |   |                                                |   | -      |                                                                                        |   |   | -                                                                                                                       |   |   |   | 64,153 |   |
|  December 1 through 31          |   |                                                                       | 2,450  | **     |                                                | $      | 4.75   |                                                                                        |   |   | -                                                                                                                       |   |   |   | 63,412 |   |
|  Total                          |   |                                                                       | 4,450  |   |                                                | $      | 4.53   |                                                                                        |   |   | -                                                                                                                       |   |   |   |   |   |

|   | * | The Company announced the repurchase of up to approximately 85,500 shares on December 13, 2005 and 47,000 shares for the RSP on January 31, 2006 |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------|

|   | ** | Represents shares purchased for the Deferred Compensation Plan. |
|--------|----|-----------------------------------------------------------------|

| ITEM 3. | DEFAULTS UPON SENIOR SECURITIES |
|---------|---------------------------------|

| ITEM 5. | OTHER INFORMATION |
|---------|-------------------|

| (a)   | Not applicable |
|-----------------|----------------|

| (b)   | Not applicable |
|-----------------|----------------|

----

| 3.1   | Certificate of Incorporation* |
|-----------------|-------------------------------|

| 3.2   | Bylaws** |
|-----------------|----------|

| 4.0   | Form of Stock Certificate*** |
|-----------------|------------------------------|

| 10.1   | Directors Consultation and Retirement Plan******* |
|------------------|---------------------------------------------------|

| 10.2   | Stock Option Plan**** |
|------------------|-----------------------|

| 10.3   | Restricted Stock Plan**** |
|------------------|---------------------------|

| 10.4   | Employment Agreement between Janice A. Summers and Roebling Bank******** |
|------------------|--------------------------------------------------------------------------|

| 10.5   | Employment Agreement between Frank J. Travea, III and Roebling Bank******** |
|------------------|-----------------------------------------------------------------------------|

| 10.6   | Roebling Financial Corp, Inc. 2006 Stock Option Plan***** |
|------------------|-----------------------------------------------------------|

| 10.7   | Roebling Bank 2006 Restricted Stock Plan***** |
|------------------|-----------------------------------------------|

| 10.8   | Directors Change in Control Severance Plan****** |
|------------------|--------------------------------------------------|

| 10.9   | Directors Deferred Compensation Agreement between John J. Ferry and Roebling Bank******* |
|------------------|------------------------------------------------------------------------------------------|

| 10.10   | Directors Deferred Compensation Agreement between George N. Nyikita and Roebling Bank******* |
|-------------------|----------------------------------------------------------------------------------------------|

| 10.11   | Directors Deferred Compensation Agreement between Mark V. Dimon and Roebling Bank******** |
|-------------------|-------------------------------------------------------------------------------------------|

| 10.12   | Supervisory Agreement, dated June 17, 2009********* |
|-------------------|-----------------------------------------------------|

| 31   | Rule 13a-14(a)/15d-14(a) Certifications of Chief Executive Officer and Chief Financial Officer |
|----------------|------------------------------------------------------------------------------------------------|

| 32   | Section 1350 Certification |
|----------------|----------------------------|

|      |   |                                                                                                                                                         |
|-----------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  *   |   | Incorporated herein by reference to the Company’s Form 8-A (File No. 0-59069) filed with the Commission on September 30, 2004.                         |
| **        |   | Incorporated herein by reference to the Company’s Quarterly Report on Form 10-QSB for the quarter ended March 31, 2005.                                |
| ***       |   | Incorporated herein by reference to the Company’s Registration Statement on Form SB-2 (File No. 333-116312) filed with the Commission on June 9, 2004. |
| ****      |   | Incorporated herein by reference to Company’s Registration Statement on Form S-8 (File No. 333-119839) filed with the Commission on October 20, 2004.  |
| *****     |   | Incorporated herein by reference to Company’s Registration Statement on Form S-8 (File No. 333-132059) filed with the Commission on February 27, 2006. |
| ******    |   | Incorporated herein by reference to the Company’s Quarterly Report on Form 10-QSB for the quarter ended March 31, 2008.                                |
| *******   |   | Incorporated herein by reference to the Company’s Quarterly Report on Form 10-Q for the quarter ended  December 31, 2008.                    |
| ********  |   | Incorporated herein by reference to the Company’s Quarterly Report on Form 10-Q for the quarter March 31, 2009.                                        |
| ********* |   | Incorporated herein by reference to the Company’s Current Report on Form 8-K filed with the Commission on June 18, 2009.                               |

----

|                           |              |   | ROEBLING FINANCIAL CORP, INC. |
|--------------------------------|-------------------|--------|-------------------------------|
|                           |              |   |                          |   |   |
|                           |              |   |                          |   |   |
| Date:                          | February 14, 2010 |   | By:                           |   |   /s/ Frank J. Travea, III |
|                           |              |   |                          |   | Frank J. Travea, III |
|                           |              |   |                          |   | President and Chief Executive Officer |
|                           |              |   |                          |   | (Principal Executive Officer) |
|                           |              |   |                          |   |   |
|                           |              |   |                          |   |   |
| Date:                          | February 14, 2010 |   | By:                           |   | /s/ Janice A. Summers |
|                           |              |   |                          |   | Janice A. Summers |
|                           |              |   |                          |   | Senior Vice President, Chief Operating Officer and |
|       |              |   |                          |   | Chief Financial Officer |
|                           |              |   |                          |   | (Principal Financial and Accounting Officer) |