UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 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               June 30, 2004
                               -------------------------------------------------

                                       OR

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from                        to
                               ----------------------    ----------------------

                         Commission file number 333-116312
                                                ----------

                          ROEBLING FINANCIAL CORP, INC.
--------------------------------------------------------------------------------
        (Exact name of Small Business Issuer as specified in its charter)

       New Jersey                                         55-0873295
--------------------------------------------------------------------------------
(State or other jurisdiction of             (I.R.S. employer identification no.)
incorporation or organization)

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

Issuer's telephone number, including area code  (609) 499-0355
                                                --------------

                                       N/A
--------------------------------------------------------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report.)

Check whether the Issuer 1) filed all reports required to be filed by Section 13
or 15(d) of the  Exchange  Act during  the last 12 months  (or for such  shorter
period that the registrant  was required to file such reports);  and 2) has been
subject to such filing requirements for the past 90 days; Yes  X   No
                                                              ---     ---

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

         State the number of shares  outstanding of each of the issuer's classes
of common equity, as of the latest practicable date: September 27, 2004

          Class                                                    Outstanding
---------------------------                                     ----------------
$.10 par value common stock                                           None

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

<PAGE>

                          ROEBLING FINANCIAL CORP, INC.
                                   FORM 10-QSB
                       FOR THE QUARTER ENDED JUNE 30, 2004

                                      INDEX

                                                                           Page
                                                                          Number
                                                                          ------

PART I - FINANCIAL INFORMATION OF ROEBLING FINANCIAL CORP, INC.

Item 1.  Consolidated Financial Statements and Notes Thereto               1 - 6
Item 2.  Management's Discussion and Analysis of Financial
              Condition and Results of Operations                         7 - 11
Item 3.  Controls and Procedures                                              12

PART II - OTHER INFORMATION

Item 1.  Legal Proceedings                                                    13
Item 2.  Changes in Securities and
              Small Business Issuer Purchases of Equity Securities            13
Item 3.  Defaults upon Senior Securities                                      13
Item 4.  Submission of Matters to a Vote of Security Holders                  13
Item 5.  Other Information                                                    13
Item 6.  Exhibits and Reports on Form 8-K                                     13

SIGNATURES                                                                    14

<PAGE>

ROEBLING FINANCIAL CORP, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

(Unaudited)

(In Thousands)
<TABLE>
<CAPTION>
                                                                     June 30,  September 30,
                                                                       2004        2003
                                                                     --------    --------
<S>                                                                <C>         <C>
Assets

Cash and due from banks                                              $  1,632    $  1,886
Interest-bearing deposits                                                 169         145
                                                                     --------    --------
     Total cash and cash equivalents                                    1,801       2,031

Certificates of deposit                                                 1,300       1,700
Investment securities available for sale                               20,501      23,884
Invesment securities held to maturity                                   1,137       1,802
Loans receivable, net                                                  62,055      55,362
Accrued interest receivable                                               349         383
Federal Home Loan Bank of New York stock, at cost                         558         564
Premises and equipment                                                  1,716       1,750
Other assets                                                              479         268
                                                                     --------    --------
     Total assets                                                    $ 89,896    $ 87,744
                                                                     ========    ========

Liabilities and Stockholders' Equity

Liabilities

Deposits                                                             $ 78,063    $ 78,408
Borrowed funds                                                          3,500       1,200
Advances from borrowers for taxes and insurance                           461         413
Other liabilities                                                         472         543
                                                                     --------    --------
     Total liabilities                                                 82,496      80,564
                                                                     --------    --------

Stockholders' equity

Serial preferred stock, no par value; 1,000,000 shares authorized;
  none issued                                                               -           -
Common stock; $0.10 par value; 4,000,000 shares authorized;
  425,500 issued                                                           43          43
Additional paid-in-capital                                              1,712       1,690
Unallocated employee stock ownership plan shares                          (51)        (63)
Retained earnings - substantially restricted                            5,791       5,409
Accumulated other comprehensive income - unrealized gain (loss)
  on securities available for sale, net of tax                            (95)        101
                                                                     --------    --------
     Total stockholders' equity                                         7,400       7,180
                                                                     --------    --------

     Total liabilities and stockholders' equity                      $ 89,896    $ 87,744
                                                                     ========    ========
</TABLE>

See notes to unaudited consolidated financial statements.

                                        1

<PAGE>

ROEBLING FINANCIAL CORP, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(Unaudited)

(In thousands, except per share data)
<TABLE>
<CAPTION>
                                                                     For the Three Months Ended
                                                                               June 30,
                                                                         ------------------
                                                                           2004       2003
                                                                         -------    -------
<S>                                                                    <C>        <C>
Interest income:
   Loans receivable                                                      $   864    $   857
   Investment securities                                                     185        228
   Other interest-earning assets                                              15         29
                                                                         -------    -------
        Total interest income                                              1,064      1,114
                                                                         -------    -------

Interest expense:
   Deposits                                                                  203        283
   Borrowed funds                                                              5          -
                                                                         -------    -------
        Total interest expense                                               208        283
                                                                         -------    -------

Net interest income before provision for loan losses                         856        831
Provision for loan losses                                                      3         12
                                                                         -------    -------
        Net interest income after provision for loan losses                  853        819
                                                                         -------    -------

Non-interest income:
   Loan fees and late charges                                                 14         23
   Account servicing and other                                               103        103
   Gain on sale of loans                                                       -          5
                                                                         -------    -------
        Total non-interest income                                            117        131
                                                                         -------    -------

Non-interest expense:
   Compensation and benefits                                                 393        352
   Occupany and equipment                                                     79         61
   Service bureau and data processing                                         98        102
   Federal insurance premiums                                                  3          3
   Other expense                                                             138        151
                                                                         -------    -------
        Total non-interest expense                                           711        669
                                                                         -------    -------

        Income before provision for income taxes                             259        281
Provision for income taxes                                                   116        118
                                                                         -------    -------
        Net income                                                           143        163

Other comprehensive income, net of tax:
   Unrealized gain (loss) on securities available for sale, net of tax      (270)        18
                                                                         -------    -------
Comprehensive income (loss)                                              ($  127)   $   181
                                                                         =======    =======

Earnings per common share:
  Basic                                                                  $  0.34    $  0.39
  Diluted                                                                $  0.34    $  0.39

Weighted average number of shares outstanding:
  Basic                                                                      420        418
  Diluted                                                                    426        422
</TABLE>

See notes to unaudited consolidated financial statements.

                                        2

<PAGE>

ROEBLING FINANCIAL CORP, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(Unaudited)

(In thousands, except per share data)
<TABLE>
<CAPTION>
                                                               For the Nine Months Ended
                                                                       June 30,
                                                                  ------------------
                                                                    2004       2003
                                                                  -------    -------
<S>                                                             <C>        <C>
Interest income:
   Loans receivable                                               $ 2,575    $ 2,462
   Investment securities                                              563        754
   Other interest-earning assets                                       48         93
                                                                  -------    -------
        Total interest income                                       3,186      3,309
                                                                  -------    -------

Interest expense:
   Deposits                                                           661        915
   Borrowed funds                                                       6       --
                                                                  -------    -------
        Total interest expense                                        667        915
                                                                  -------    -------

Net interest income before provision for loan losses                2,519      2,394
Provision for loan losses                                              19         48
                                                                  -------    -------
        Net interest income after provision for loan losses         2,500      2,346
                                                                  -------    -------

Non-interest income:
   Loan fees and late charges                                          41         56
   Account servicing and other                                        300        302
   Gain on sale of loans                                                2         11
                                                                  -------    -------
        Total non-interest income                                     343        369
                                                                  -------    -------

Non-interest expense:
   Compensation and benefits                                        1,199      1,049
   Occupany and equipment                                             241        197
   Service bureau and data processing                                 299        295
   Federal insurance premiums                                           9          9
   Other expense                                                      419        433
                                                                  -------    -------
        Total non-interest expense                                  2,167      1,983
                                                                  -------    -------

        Income before provision for income taxes                      676        732
Provision for income taxes                                            294        308
                                                                  -------    -------
        Net income                                                    382        424

Other comprehensive income, net of tax:
   Unrealized loss on securities available for sale, net of tax      (196)       (10)
                                                                  -------    -------
Comprehensive income                                              $   186    $   414
                                                                  =======    =======

Earnings per common share:
  Basic                                                           $  0.91    $  1.02
  Diluted                                                         $  0.90    $  1.01

Weighted average number of shares outstanding:
  Basic                                                               420        418
  Diluted                                                             424        422
</TABLE>

See notes to unaudited consolidated financial statements.

                                        3

<PAGE>

ROEBLING FINANCIAL CORP, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

(Unaudited)

(In Thousands)
<TABLE>
<CAPTION>
                                                                                           Accumulated
                                                Additional                                   Other
                                    Common       Paid-in     Unallocated     Retained     Comprehensive
                                     Stock       Capital     ESOP Shares     Earnings        Income         Total
                                     -----       -------     -----------     --------        ------         -----
<S>                              <C>           <C>           <C>            <C>           <C>            <C>
Balance at September 30, 2003      $    43       $ 1,690       ($   63)       $ 5,409       $   101        $ 7,180

Net income for the nine months
  ended June 30, 2004                    -             -             -            382             -            382

Change in unrealized gain on
  securities available for sale,
  net of income taxes                    -             -             -              -          (196)          (196)

Amortization of ESOP shares              -            22            12              -             -             34
                                   -------       -------       -------        -------       -------        -------

Balance at June 30, 2004           $    43       $ 1,712       ($   51)       $ 5,791       ($   95)       $ 7,400
                                   =======       =======       =======        =======       =======        =======
</TABLE>

See notes to unaudited consolidated financial statements.

                                       4

<PAGE>

ROEBLING FINANCIAL CORP, INC. AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

(In Thousands)
<TABLE>
<CAPTION>
                                                                           For the Nine Months Ended
                                                                                   June 30,
                                                                             --------------------
                                                                               2004        2003
                                                                             --------    --------
<S>                                                                        <C>         <C>
Cash flows from operating activities:
   Net income                                                                $    382    $    424
   Adjustments to reconcile net income to cash provided by
     operating activities:
         Depreciation                                                             116          71
         Amortization of premiums and discounts, net                               36          93
         Amortization of deferred loan fees and costs, net                          4          31
         Provision for loan losses                                                 19          48
         Gain on sale of loans                                                     (2)        (11)
         Originations of loans held for sale, net of repayments                  (993)     (3,655)
         Proceeds from sale of loans held for sale                                994       3,666
         (Increase) decrease in other assets                                      (81)         40
         Decrease in accrued interest receivable                                   34          19
         Decrease in other liabilities                                            (71)       (176)
         Amortization of ESOP shares                                               34          24
                                                                             --------    --------
                   Net cash provided by operating activities                      472         574
                                                                             --------    --------

Cash flows from investing activities:
    Purchase of certificates of deposit                                             -      (1,000)
    Proceeds from maturities of certificates of deposit                           400           -
    Purchase of securities available for sale                                  (6,000)    (15,890)
    Proceeds from payments and maturities of securities available for sale      9,021      15,332
    Purchase of securities held to maturity                                      (140)          -
    Proceeds from payments and maturities of securities held to maturity          805       1,139
    Loan originations, net of principal repayments                             (6,915)     (8,608)
    Proceeds from sale of loans                                                   200           -
    Redemption (purchase) of Federal Home Loan Bank Stock                           6         (92)
    Purchase of premises and equipment                                            (82)       (346)
                                                                             --------    --------
                   Net cash used in investing activities                       (2,705)     (9,465)
                                                                             --------    --------

Cash flows from financing activities:
    Net (decrease) increase in deposits                                          (345)      4,757
    Net increase in short-term borrowed funds                                   2,300          23
    Increase in advance payments by borrowers for taxes
       and insurance                                                               48          48
                                                                             --------    --------
                   Net cash provided by financing activities                    2,003       4,828
                                                                             --------    --------

    Net decrease in cash and cash equivalents                                    (230)     (4,063)
    Cash and cash equivalents at beginning of period                            2,031       7,223
                                                                             --------    --------
    Cash and cash equivalents at end of period                               $  1,801    $  3,160
                                                                             ========    ========

Supplemental Disclosures of Cash Flow Information:
    Cash paid for:
        Interest on deposits and borrowed funds                                   671         929
        Income taxes                                                              259         359

Supplemental Schedule of Noncash Investing Activities:
    Change in unrealized gain on securities available for sale, net of tax       (196)        (10)
</TABLE>


See notes to unaudited consolidated financial statements.

                                       5
<PAGE>

                          ROEBLING FINANCIAL CORP, INC.
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - BASIS OF PRESENTATION

The  accompanying   unaudited  consolidated  financial  statements  of  Roebling
Financial  Corp,  Inc. (the  "Company")  have been  prepared in accordance  with
instructions  for  form  10-QSB.  Accordingly,  they do not  include  all of the
information and footnotes required by generally accepted  accounting  principles
for complete financial statements.  However, such information presented reflects
all adjustments  (consisting solely of normal recurring  adjustments) which are,
in the opinion of the Company's  management,  necessary for a fair  statement of
results for the interim period.

The results of operations for the three and nine months ended June 30, 2004, are
not  necessarily  indicative  of the results to be expected  for the year ending
September  30,  2004,  or  any  other  future  interim  period.   The  unaudited
consolidated   financial   statements  and  notes  thereto  should  be  read  in
conjunction with the audited financial statements and notes thereto for the year
ended September 30, 2003 included in the Company's Annual Report on form 10-KSB.

                                       6

<PAGE>

                          ROEBLING FINANCIAL CORP, INC.
                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                  ---------------------------------------------

General

         The Private  Securities  Litigation  Reform Act of 1995  contains  safe
harbor  provisions  regarding  forward-looking  statements.  When  used  in this
discussion, the words "believes", "anticipates",  "contemplates", "expects", and
similar expressions are intended to identify  forward-looking  statements.  Such
statements  are  subject to certain  risks and  uncertainties  which could cause
actual  results to differ  materially  from  those  projected.  Those  risks and
uncertainties  include changes in interest  rates,  the ability to control costs
and expenses, new legislation and regulations, and general economic conditions.

         The Company is in the mutual holding form of organization.  The Company
has  outstanding  425,500 shares of common stock,  of which 195,960 are owned by
public  stockholders  and the remainder of which are held by the mutual  holding
company.  The Company's business is conducted primarily through its wholly-owned
subsidiary,  Roebling Bank. All references to the Company refer  collectively to
the Company and the Bank.

         On April 8, 2004, The Boards of Directors of Roebling  Financial Corp.,
MHC (the "MHC"),  the Company and Roebling  Bank (the "Bank")  adopted a Plan of
Conversion  and  Reorganization  of the MHC and Plans of Merger between the MHC,
the Company and the Bank (collectively,  the "Plan"), whereby the MHC will cease
to exist,  the shares of Company  Stock held by the MHC will be canceled,  and a
liquidation  account will be established for the benefit of eligible  members of
the MHC as of specified  dates.  Stock of the Company  held by the  stockholders
(other than the MHC) will be  automatically  converted into the right to receive
shares of a  to-be-formed  stock  holding  company ("New  Company")  based on an
exchange  ratio to be  determined.  Pursuant to the Plan,  the New Company  will
offer shares of conversion stock in a subscription  offering to certain eligible
account  holders and members and employee  stock  benefit  plans.  Any shares of
conversion  stock  remaining  unsold  after the  subscription  offering  will be
offered for sale to the public through a community  offering  and/or  syndicated
community  offering.  The Plan is  subject to  approval  by the Office of Thrift
Supervision.  The Plan must also be approved by at least a majority of the votes
eligible  to be cast by MHC  members  at a  meeting  at which  the Plan  will be
submitted for their approval. In addition,  the Plan is also subject to approval
by the  stockholders  of the Company.  The  additional  capital raised will help
support future growth.

Overview

         At  June  30,  2004,  the  Company  had  total  assets,   deposits  and
stockholders'  equity  of  $89.9  million,   $78.1  million  and  $7.4  million,
respectively. For the three months ended June 30, 2004, the Company reported net
income of $143,000, or $.34 per diluted share, compared to $163,000, or $.39 per
diluted  share,  for the same period in 2003. For the nine months ended June 30,
2004,  the Company  reported net income of $382,000,  or $.90 per diluted share,
compared to $424,000, or $1.01 per diluted share, for the same period in 2003.

Changes in Financial Condition

         Assets.  Assets  totaled  $89.9 million at June 30, 2004 as compared to
$87.7 million at September  30, 2003.  Loans  receivable,  net increased by $6.7
million,  or 12.1%,  and  investment  securities  decreased by $4.0 million,  or
15.8%.  Investment  securities  decreased to $21.6 million at June 30, 2004 from
$25.7  million  at  September  30,  2003.  Proceeds  received  from the calls of
investment securities were reinvested

                                       7
<PAGE>

in the loans receivable portfolio,  which increased to $62.1 million at June 30,
2004 from $55.4 million at September  30, 2003. As a result,  our ratio of loans
to assets  increased to 69.0% at June 30, 2004 from 63.1% at September 30, 2003.
We intend to  continue  to work  with the goal of  increasing  the loan to asset
ratio,  as loans generally  generate  higher yields than investment  securities,
thereby  contributing to more interest income. The increase in loans receivable,
net was primarily  attributable to an increase of $4.0 million in the commercial
real  estate,  multi-family  and  construction  and land  loan  portfolios.  The
one-to-four  family  mortgage  portfolio  increased  by $1.1  million,  to $33.6
million at June 30, 2004 from $32.5  million at  September  30,  2003.  The home
equity loan  portfolio  increased  by $1.9  million to $16.4  million from $14.5
million during the same period.  Non-real estate  commercial  loans decreased by
$227,000 to $1.5  million at June 30, 2004 from $1.7  million at  September  30,
2003.  Loans secured by  one-to-four  family  residences,  including home equity
loans, have historically comprised the majority of the loan portfolio.  While we
expect  this  trend to  continue,  we intend  to  increase  commercial  lending,
primarily mortgage-secured,  in the future and, as a result, anticipate a modest
shift in the ratio of one-to-four family mortgages and commercial related loans,
including  multifamily,  commercial real estate and construction and land loans.
The  one-to-four  family and home equity loan  portfolios  represented  80.7% of
total loans at June 30, 2004 and 84.9% at September 30, 2003.

         Liabilities.  Total liabilities increased $1.9 million to $82.5 million
at June 30, 2004 from $80.6 million at September 30, 2003. Deposits decreased by
$345,000 to $78.1  million at June 30, 2004 from $78.4  million at September 30,
2003,  and borrowed  funds  increased by $2.3 million  during the same period as
short-term borrowings were used to fund asset growth. We have continued to focus
on  increasing  our  core  deposit  accounts.   Core  deposits,   which  include
lower-costing  checking and savings  accounts,  increased by $15,000 to 65.3% of
total  deposits at June 30, 2004 from 65.0% of deposits at  September  30, 2003.
Certificates  of  deposit  decreased  by  $360,000  during the same  period.  We
attribute  the  decrease  in  deposits  to some  movement of funds back into the
equity  market,  as well  as an  increase  in  competition.  Two  new  financial
institutions have entered the Roebling  marketplace and, while we have enjoyed a
large and  increasing  percentage of the market share of deposits in this market
(as of June 30, 2003, the latest date that such information is available), total
deposits in this market have  increased at a slow pace and we recognize  that it
will  be  difficult  to  continue  to  realize  the  same  success  that we have
experienced  in  recent  years.  The New  Egypt  marketplace  continues  to hold
potential for  increased  deposits.  Our plans to utilize the capital  raised in
this offering include locating additional branch sites in new markets so that we
can continue to grow our franchise.

         Stockholders'  Equity.  Stockholders' equity increased $220,000 to $7.4
million at June 30, 2004 from $7.2 million at September  30, 2003.  The increase
in stockholders'  equity reflects $382,000 in net income, a decrease of $196,000
in accumulated other comprehensive  income and an increase of $34,000 related to
the allocation of employee stock ownership plan shares.

Results of Operations

         Interest Income.  Interest income decreased $50,000 to $1.1 million for
the three months ended June 30, 2004 and decreased  $123,000 to $3.2 million for
the nine months  ended June 30, 2004 from $3.3 million for the nine months ended
June 30, 2003. The decrease in total  interest  income is comprised of increases
in interest income on loans receivable of $7,000 and $113,000, respectively, for
the three and nine months ended June 30, 2004 compared to the prior year,  which
was more than offset by  decreases in interest  income of $43,000 and  $191,000,
respectively, on investment securities and $14,000 and $45,000, respectively, on
other   interest-earning   assets.   While   the   average   balance   of  total
interest-earning  assets  for the  three and nine  months  ended  June 30,  2004
increased by $3.0 million and $3.7 million, respectively,  compared to the three
and nine months ended June 30, 2003,  the average yield  decreased to 5.03% from
5.57% for the  three-month  period and to 5.07%  from  5.56% for the  nine-month
period.  Average  loan  receivable  balances  increased by $7.1 million and $8.2
million,  respectively,  for

                                       8
<PAGE>

the three and nine months ended June 30, 2004 compared to the same 2003 periods,
while the average yield declined to 5.75% from 6.57% for the three-month  period
and to 5.88% from 6.60% for the nine-month period. For the three and nine months
ended June 30, 2004, the average balances of investment  securities decreased by
$2.9 million and $2.8 million, respectively,  compared to the same 2003 periods,
while the average yield fell to 3.33% from 3.64% for the three-month  period and
to 3.26% from 3.89% for the  nine-month  period.  The  average  balance of other
interest-earning  assets  decreased by $1.2 million for the  three-months  ended
June 30, 2004 compared to the three months ended June 30, 2003,  while the yield
fell to 3.35% from 3.88%. For the nine-month period the average balance of other
interest-earning  assets  decreased  by $1.6 million and the yield fell to 2.69%
compared  to 3.12% for the 2003  period.  The  changes in average  balances  and
reductions in yields reflect the  reinvestment of investment  security  balances
into loans receivable and the continued low level of market interest rates.

         Interest  Expense.  Interest expense  decreased $75,000 to $208,000 for
the three months ended June 30, 2004 from  $283,000 for the same 2003 period and
decreased  $248,000  to $667,000  for the nine  months  ended June 30, 2004 from
$915,000  for the same  2003  period.  The  decrease  in  interest  expense  was
primarily due to a decrease in the average cost of interest-bearing  liabilities
to 1.22% from 1.71% for the  three-month  period and to 1.30% from 1.87% for the
nine-month period,  reflecting the continued low level of market interest rates.
Average  interest-bearing  liability balances increased by $2.0 million and $3.1
million for the three and nine months  ended June 30, 2004  compared to the same
2003 periods.  Average deposit balances  increased by $500,000 and $2.5 million,
respectively,  for the three and nine months periods,  while average  borrowings
increased by $1.5 million and $630,000, respectively.

         Net Interest Income.  Net interest income increased $25,000 to $856,000
for the three  months  ended June 30,  2004,  compared to $831,000 for the three
months  ended June 30,  2003 and  increased  $125,000  to $2.5  million  for the
nine-month  period  ended June 30,  2004,  compared to $2.4 million for the nine
months ended June 30, 2003. The interest rate spread was 3.81% and 3.78% for the
three and nine months  ended June 30,  2004  compared to 3.86% and 3.69% for the
three and nine months  ended June 30, 2003,  while the net  interest  margin was
4.07% and 4.01%, respectively,  for the 2004 periods compared to 4.18% and 4.03%
for the 2003 periods.

         Provision for Loan Losses. The provision for loan losses was $3,000 for
the  three-month  period ended June 30,  2004,  compared to $12,000 for the same
period in 2003.  For the nine months  ended June 30,  2004,  the  provision  was
$19,000  compared  to  $48,000  for the nine  months  ended June 30,  2003.  The
allowance for loan losses was $486,000,  or 0.78% of total loans  outstanding at
June 30, 2004, compared to $461,000, or 0.85% of total loans outstanding at June
30, 2003.

         Non-Interest Income. Non-interest income decreased $14,000, or 10.7% to
$117,000 for the three months ended June 30, 2004 and decreased $26,000, or 7.0%
to  $343,000  for the nine  months  ended June 30,  2004,  compared  to the same
periods in 2003.  Decreases  in  non-interest  income  were  primarily  due to a
decrease in late  charges  collected  on loans and a decrease in gain on sale of
loans.  The  decrease  in  late  charges  is due to the  collection  in  2003 of
significant late charge balances on the payoff of several loans. The decrease in
gain on sale of  loans is due to the  sale of  fewer  loans in the 2004  period,
related to a reduction in loan  volumes in the  one-to-four  family  residential
mortgage category as the refinance market slowed dramatically.

         Non-Interest Expense.  Non-interest expense increased $42,000, or 6.3%,
to  $711,000  for the  three-month  period  ended  June 30,  2004 and  increased
$184,000  or 9.3%,  to $2.2  million for the nine  months  ended June 30,  2004,
compared to the same periods in 2003.  The most  significant  increases  were in
compensation and benefits and occupancy and equipment expense.  Compensation and
benefits increased by $41,000 and $150,000 for the three and nine month periods,
respectively,  primarily  the  result of merit  raises to our  employees,  staff
additions  and  increased  benefit  costs.   Occupancy  and

                                       9
<PAGE>

equipment expenses increased by $18,000 and $44,000,  respectively. The increase
in  occupancy  and  equipment   expense  was  attributable  to  an  increase  in
depreciation  expense related to the conversion of our computer system. The Bank
converted from its primary  third-party core data processing service provider to
a new provider in fiscal 2003. In conjunction with the conversion, the Bank also
installed  a  wide  area  network  and  replaced  much  of its  data  processing
equipment.

         Provision  for Income Taxes.  The provision for income taxes  decreased
$2,000 to  $116,000  for the three  months  ended  June 30,  2004 and  decreased
$14,000 to $294,000 for the nine months ended June 30, 2004 compared to the 2003
periods  as a result of a decrease  in net  income  before tax for the three and
nine months ended June 30, 2004.

Liquidity and Regulatory Capital Compliance

         On June 30, 2004, the Bank was in compliance with its three  regulatory
capital requirements as follows:

                                           Amount          Percent
                                           ------          -------

Tangible capital                           $7,345           8.16%
Tangible capital requirement                1,351           1.50%
                                            -----           ----
Excess over requirement                    $5,994           6.66%
                                           ======           ====

Core capital                               $7,345           8.16%
Core capital requirement                    3,602           4.00%
                                            -----           ----
Excess over requirement                    $3,743           4.16%
                                           ======           ====

Risk-based capital                         $7,842          14.54%
Risk-based capital requirement              4,314           8.00%
                                            -----           ----
Excess over requirement                    $3,528           6.54%
                                           ======           ====


         The Company anticipates that it will have sufficient funds available to
meet its current  commitments.  As of June 30,  2004,  the Bank had  outstanding
commitments  to originate  loans of $1.7 million.  At June 30, 2004,  there were
commitments  on  unused  lines  of  credit  of  $7.9  million  and  $123,000  in
outstanding  commercial letters of credit.  Certificates of deposit scheduled to
mature in one year or less as of June 30, 2004, totaled $15.6 million.  Based on
historical  deposit  withdrawals and outflows,  and on internal  monthly deposit
reports  monitored by  management,  management  believes that a majority of such
deposits will remain with the Company.

                                       10
<PAGE>

Additional Key Operating Ratios
                                                     At or for the Three Months
                                                          Ended June 30,
                                                       2004(1)        2003(1)
                                                       -------        -------

Earnings per common share (2):
    Basic                                          $   0.34       $   0.39
    Diluted                                        $   0.34       $   0.39
Return on average assets (1)                            .64%           .76%
Return on average equity (1)                           7.61%          9.24%
Interest rate spread (1)                               3.81%          3.86%
Net interest margin (1)                                4.07%          4.18%
Non-interest expense to average assets (1)             3.19%          3.11%
Non-performing assets to total assets                   .21%           .03%
Non-performing loans to total loans                     .29%           .05%


                                                           At  June 30,
                                                        2004          2003
                                                        ----          ----

Book value per share (3)                              $17.39        $16.85

--------------
(1)  The ratios for the three-month periods presented are annualized.
(2)  The average number of shares outstanding during the three months ended June
     30, 2004,  was 420,012  basic and 425,774  diluted.  The average  number of
     shares outstanding during the three months ended June 30, 2003, was 418,444
     basic and 421,639 diluted.
(3)  There were  425,500  shares  outstanding  as of June 30,  2004 and June 30,
     2003.


                                                  For the Nine Months Ended
                                                            June 30,
                                                       2004(1)        2003(1)
                                                       -------        -------

Earnings per common share (2):
    Basic                                          $   0.91       $   1.02
    Diluted                                        $   0.90       $   1.01
Return on average assets (1)                           0.57%          0.67%
Return on average equity (1)                           6.89%          8.15%
Interest rate spread (1)                               3.78%          3.69%
Net interest margin (1)                                4.01%          4.03%
Non-interest expense to average assets (1)             3.26%          3.12%

------------
(1)  The ratios for the nine-month periods presented are annualized.
(2)  The average number of shares outstanding during t he nine months ended June
     30, 2004,  was 419,620  basic and 424,200  diluted.  The average  number of
     shares  outstanding  during the nine months ended June 30, 2003 was 418,052
     basic and 421,759 diluted.

                                       11
<PAGE>

Controls and Procedures

         (a)  Evaluation of disclosure  controls and  procedures.  The Company's
management  evaluated,  with the  participation of the Company's Chief Executive
Officer  and  Chief  Financial  Officer,  the  effectiveness  of  the  Company's
disclosure  controls and  procedures as of the end of the period covered by this
report. Based on this evaluation,  the Company's principal executive officer and
principal  financial  officer  have  concluded  that as of the end of the period
covered by this  Quarterly  Report on Form 10-QSB such  disclosure  controls and
procedures are effective to ensure that information  required to be disclosed by
the Company in reports that it files or submits  under the  Securities  Exchange
Act of 1934 is recorded,  processed,  summarized  and  reported  within the time
periods specified in Securities and Exchange Commission rules and forms.

         (b) Changes in internal  control over financial  reporting.  During the
period under report,  there was no change in the Company's internal control over
financial  reporting that has materially  affected,  or is reasonably  likely to
materially affect, the Company's internal control over financial reporting.

                                       12

<PAGE>

ROEBLING FINANCIAL CORP, INC.

                                     Part II


ITEM 1. LEGAL PROCEEDINGS

          There are various claims and lawsuits in which the company or the Bank
          are   periodically   involved,   such  as  claims  to  enforce  liens,
          condemnation  proceedings  on  properties  in  which  the  Bank  holds
          security interests,  claims involving the making and servicing of real
          property loans and other issues  incident to the Bank's  business.  In
          the opinion of  management,  no material  loss is expected from any of
          such pending claims or lawsuits.

ITEM 2. CHANGES IN  SECURITIES  AND SMALL  BUSINESS  ISSUER  PURCHASES OF EQUITY
        SECURITIES

          Not applicable.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

          Not applicable.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

          Not applicable.

ITEM 5. OTHER INFORMATION

          (a) Not applicable.
          (b) Not applicable

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

          (a) List of Exhibits:

                2    Plan of Conversion and Reorganization*
                3.1  Federal Stock Charter**
                3.2  Bylaws**
                4.0  Form of Stock Certificate**
               10.2  Directors' Retirement Plan***
               10.3  Stock Option Plan**
               10.4  Restricted Stock Plan**
               10.5  Employment Agreement between Janice A. Summers and Roebling
                     Bank****
               10.6  Employment Agreement  between  Frank  J.  Travea,  III  and
                     Roebling Bank****
               31    Rule  13a-14(a)/15d-14(a) Certifications of Chief Executive
                     Officer and Chief Financial Officer
               32    Section 1350 Certification

           (b) Reports on Form 8-K

               On April 12, 2004, the Registrant  filed a Current Report on Form
               8-K  to  report  the  adoption  of  a  Plan  of  Conversion   and
               Reorganization under Item 5.

------------------
*     Incorporated  by  reference  to the Form 8-K filed with the  Commission on
      April 12, 2004.
**    Incorporated  herein  by  reference  to the  Form  8-K12G3  filed with the
      Commission on February 1, 2000.
***   Incorporated  herein  by  reference  to  the  Form  8-K/A  filed with  the
      Commission on February 24, 2000.
****  Incorporated  by  reference  to  the identically  numbered  exhibit to the
      Registrant's Form 10-KSB filed with the Commission on December 24, 2003.

                                       13
<PAGE>

                          ROEBLING FINANCIAL CORP, INC.

                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  act of  l934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                          ROEBLING FINANCIAL CORP, INC.


Date: September 27, 2004  By: /s/Frank J. Travea, III
                              --------------------------------------------------
                              Frank J. Travea, III
                              President and Chief Executive Officer
                              (Principal Executive Officer)

Date: September 27, 2004  By: /s/Janice A. Summers
                              --------------------------------------------------
                              Janice A. Summers
                              Senior Vice President, Chief Operating Officer and
                              Chief Financial Officer
                              (Principal Financial and Accounting Officer)


                                       14