SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q


(Mark One)
[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 1997

                                       or

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

For the transition period from            to


                        Commission File Number: 333-12305 


                          SVB Financial Services, Inc.
             (Exact name of registrant as specified in its charter)

         New Jersey                                              22-3438058
(State of other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)

103 West End Avenue, Somerville, New Jersey                        08876
(Address of principal executive officers)                        (Zip Code)

                                 (908) 704-1188
              (Registrant's telephone number, including area code)


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

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                           [ X ] Yes       [  ] No

As of June 30, 1997 there were 1,369,610 shares of common stock, $4.17 par value
outstanding.
<PAGE>
                          SVB FINANCIAL SERVICES, INC.

                                    FORM 10-Q

                                      INDEX


PART I      -        FINANCIAL INFORMATION

ITEM 1      -        Financial Statements and Notes to Consolidated Financial

ITEM 2      -        Management's Discussion and Analysis of Financial Condition
                     and Results of Operations


PART II     -        OTHER INFORMATION

ITEM 6      -        Exhibits and Reports on Form 8-K


SIGNATURES
<PAGE>
<TABLE>
<CAPTION>
SVB FINANCIAL SERVICES, INC.
STATEMENTS OF CONDITION                                   June 30,         December 31,
June 30, 1997 and December 31, 1996                         1997               1996
                                                       -------------      -------------
<S>                                                    <C>                <C>
ASSETS
Cash & Due from Banks ............................     $   7,548,738      $   4,914,698
Federal Funds Sold ...............................         5,400,000          5,450,000
Other Short Term Investments .....................           820,203          1,763,478
                                                       -------------      -------------
Total Cash and Cash Equivalents ..................        13,768,941         12,128,176
                                                       -------------      -------------

Securities
   Available for Sale, at Market Value ...........        12,852,848          8,726,878
   Held to Maturity ..............................        14,937,333         13,989,481
                                                       -------------      -------------
Total Securities .................................        27,790,181         22,716,359
                                                       -------------      -------------

Loans ............................................        96,309,028         87,855,063
   Allowance for Possible Loan Losses ............          (883,322)          (783,366)
   Unearned Income ...............................           (75,708)           (79,414)
                                                       -------------      -------------
Net Loans ........................................        95,349,998         86,992,283
                                                       -------------      -------------

Premises & Equipment, Net ........................         1,152,708          1,066,109
Other Real Estate ................................           304,700            304,700
Organization Costs, Net ..........................            58,592                  0
Other Assets .....................................         1,929,529          1,787,840
                                                       -------------      -------------
Total Assets .....................................     $ 140,354,649      $ 124,995,467
                                                       =============      =============

LIABILITIES & SHAREHOLDERS' EQUITY
LIABILITIES
Deposits
Demand
   Non-interest Bearing ..........................     $  22,965,314      $  21,420,923
   NOW Accounts ..................................         9,650,886          6,439,160
Savings ..........................................         7,876,884          7,675,671
Money Market Accounts ............................        18,022,125         15,710,515
Time
   Greater than $100,000 .........................         7,355,787          6,211,335
   Less than $100,000 ............................        61,608,608         55,063,786
                                                       -------------      -------------
Total Deposits ...................................       127,479,604        112,521,390
                                                       -------------      -------------

Accrued Expenses & Other Liabilities .............           463,811            564,418
                                                       -------------      -------------
Total Liabilities ................................       127,943,415        113,085,808
                                                       -------------      -------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SVB FINANCIAL SERVICES, INC.
STATEMENTS OF CONDITION                                   June 30,         December 31,
June 30, 1997 and December 31, 1996                         1997               1996
                                                       -------------      -------------
<S>                                                    <C>                <C>
Commitments and Contingencies
SHAREHOLDERS' EQUITY
Common Stock $4.17 Par Value: 10,000,000 .........         5,711,274          5,698,401
Shares Authorized; 1,369,610 Shares in 1997 and
   1,366,523 Shares in 1996 Issued and Outstanding
Additional Paid-in Capital .......................         5,458,898          5,447,009
Retained Earnings ................................         1,238,453            756,135
Unrealized Gain on Securities Available for Sale,
   Net of Income Taxes ...........................             2,609              8,114
                                                       -------------      -------------
Total Shareholders' Equity .......................        12,411,234         11,909,659
                                                       -------------      -------------
Total Liabilities and Shareholders' Equity .......     $ 140,354,649      $ 124,995,467
                                                       =============      =============
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SVB FINANCIAL SERVICES, INC.
CONSOLIDATED STATEMENTS OF INCOME                                For the Three Months Ended        For the Six Months Ended
For the Period Ended June 30, 1997 and 1996                          1997            1996             1997            1996
                                                                 ---------------------------      ---------------------------
<S>                                                              <C>             <C>              <C>             <C>
INTEREST INCOME
Interest on Loans ..........................................     $ 2,134,406     $ 1,632,388      $ 4,138,695     $ 3,038,992
Interest on Securities Available for Sale ..................         194,660          69,120          340,314         150,008
Interest on Securities Held to Maturity ....................         212,646         254,123          435,758         476,709
Interest on Other Short Term Investments ...................           8,120           4,604           28,651          14,021
Interest on Federal Funds Sold .............................          70,630          44,058          143,799          96,874
                                                                 -----------     -----------      -----------     -----------
Total Interest Income ......................................       2,620,462       2,004,293        5,087,217       3,776,604
                                                                 -----------     -----------      -----------     -----------

INTEREST EXPENSE
Interest on Deposits .......................................       1,196,057         909,182        2,302,455       1,723,480
                                                                 -----------     -----------      -----------     -----------
Total Interest Expense .....................................       1,196,057         909,182        2,302,455       1,723,480
                                                                 -----------     -----------      -----------     -----------

Net Interest Income ........................................       1,424,405       1,095,111        2,784,762       2,053,124
PROVISION FOR POSSIBLE LOAN LOSSES .........................          75,000          85,000          150,000         145,000
                                                                 -----------     -----------      -----------     -----------
Net Interest Income after Provision For Possible Loan Losses       1,349,405       1,010,111        2,634,762       1,908,124
                                                                 -----------     -----------      -----------     -----------

OTHER INCOME
Service Charges on Deposit Accounts ........................          54,344          42,841          106,894          79,009
(Loss) on the Sale of Securities Available for Sale ........               0          (2,117)               0          (2,117)
Gain on the Sale of Loans ..................................          27,353          39,410           54,108          43,513
Other Income ...............................................          27,038          17,852           58,011          37,636
                                                                 -----------     -----------      -----------     -----------
Total Other Income .........................................         108,735          97,986          219,013         158,041
                                                                 -----------     -----------      -----------     -----------

OTHER EXPENSE
Salaries and Employee Benefits .............................         513,717         430,712        1,034,433         853,241
Occupancy Expense ..........................................         109,596         100,114          222,003         188,483
Equipment Expense ..........................................          73,039          56,819          149,033         114,653
Other Expenses .............................................         341,971         235,734          640,969         493,719
                                                                 -----------     -----------      -----------     -----------
Total Other Expense ........................................       1,038,323         823,379        2,046,438       1,650,096
                                                                 -----------     -----------      -----------     -----------

Net Income Before Provision for Income Taxes ...............         419,817         284,718          807,337         416,069
Provision for Income Taxes .................................         168,991         114,456          325,018         167,746
                                                                 -----------     -----------      -----------     -----------
NET INCOME .................................................     $   250,826     $   170,262      $   482,319     $   248,323
                                                                 ===========     ===========      ===========     ===========
NET INCOME PER SHARE .......................................     $      0.18     $      0.14      $      0.35     $      0.21

WEIGHTED AVERAGE SHARES OUTSTANDING ........................       1,369,610       1,174,394        1,369,373       1,173,913
                                                                 ===========     ===========      ===========     ===========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SVB FINANCIAL SERVICES, INC.
STATEMENTS OF CASH FLOW
For the Period Ended June 30,                                          1997              1996
                                                                   ------------      ------------
<S>                                                                <C>               <C>
OPERATING ACTIVITIES
Net Income ...................................................     $    482,319      $    248,323
Adjustments to Reconcile Net Income to
   Net Cash Provided by Operating Activities:
Provision for Possible Loan Losses ...........................          150,000           145,000
Depreciation and Amortization ................................          139,213           118,103
(Accretion) of Securities Premium/Discount ...................          (10,374)          (48,404)
(Increase) in Other Assets ...................................         (207,042)         (603,728)
(Decrease) Increase in Accrued Expenses and Other Liabilities           (97,771)           32,156
(Decrease) Increase in Unearned Income .......................           (3,706)           11,128
                                                                   ------------      ------------
Net Cash Provided By Operating Activities ....................          452,639           (97,422)
                                                                   ------------      ------------

INVESTING ACTIVITIES
Proceeds from Sales of Securities Available for Sale .........                0         1,996,160
Proceeds from Maturities of Securities
   Available for Sale ........................................          364,272         2,498,833
   Held to Maturity ..........................................        6,291,457         4,596,894
Purchases of Securities
   Available for Sale ........................................       (4,497,188)       (3,467,617)
   Held to Maturity ..........................................       (7,230,331)       (6,121,593)
Increase in Loans ............................................       (8,504,009)      (17,175,074)
Capital Expenditures .........................................         (219,051)         (174,143)
                                                                   ------------      ------------
Net Cash Used for Investing Activities .......................      (13,794,850)      (17,846,540)
                                                                   ------------      ------------

FINANCING ACTIVITIES
Net Increase in Demand Deposits ..............................        4,756,117         5,948,327
Net Increase in Savings Deposits .............................          201,213         1,242,663
Net Increase in Money Market Deposits ........................        2,311,610           957,244
Net Increase in Time Deposits ................................        7,689,274        12,990,712
Increase in Common Stock from Non Acceptance of Exchange Offer           24,762            10,000
                                                                   ------------      ------------
Net Cash Provided by Financing Activities ....................       14,982,976        21,148,946
                                                                   ------------      ------------

Increase in Cash and Cash Equivalents, Net ...................        1,640,765         3,204,984
Cash and Cash Equivalents, Beginning of Year .................       12,128,176         7,984,940
                                                                   ------------      ------------
Cash and Cash Equivalents, End of Period .....................     $ 13,768,941      $ 11,189,924
                                                                   ============      ============

SUPPLEMENTAL DISCLOSURE OF CASH FLOW
   INFORMATION
Cash Paid During the Year for Interest .......................     $  2,253,966      $  1,689,181
                                                                   ============      ============
Cash Paid During the Year for Federal Income Taxes ...........     $    427,562      $    155,000
                                                                   ============      ============
</TABLE>
<PAGE>
                          SVB FINANCIAL SERVICES, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                            June 30, 1997 (UNAUDITED)


1. SVB Financial Services,  Inc., (the "Company"),  a bank holding company,  was
incorporated on February 7, 1996 with authorized capital of 10,000,000 shares of
$4.17 par value common  stock.  On September 3, 1996,  the Company  acquired 100
percent of the shares of  Somerset  Valley  Bank (the  "Bank") by  exchanging  6
shares of its Common Stock for each 5 shares of the Bank. This exchange has been
accounted for as a reorganization of entities under common control, similar to a
pooling of interests,  which resulted in no changes to the  underlying  carrying
amounts of assets and liabilities.

         The  consolidated   financial  statements  included  herein  have  been
prepared  without  an  audit  pursuant  to  the  rules  and  regulations  of the
Securities and Exchange Commission. Certain information and footnote disclosures
normally included in financial  statements prepared in accordance with generally
accepted  accounting  principles  have been  omitted  pursuant to such rules and
regulations.   The  accompanying  condensed  consolidated  financial  statements
reflect all adjustments which are, in the opinion of management,  necessary to a
fair  statement  of  the  results  for  the  interim  periods  presented.   Such
adjustments  are of a normal  recurring  nature.  These  consolidated  condensed
financial  statements  should be read in conjunction with the audited  financial
statements and the notes thereto.  The results for the six months ended June 30,
1997 are not necessarily  indicative of the results that may be expected for the
year ended December 31, 1997.

         The consolidated  financial statements include the accounts of Somerset
Valley Bank. All significant  inter-company  accounts and transactions have been
eliminated.

2.       Loans

         At June 30, 1997 and December 31, 1996 the  composition  of outstanding
loans is summarized as follows:
<TABLE>
<CAPTION>
                                                 June 30, 1997    December 31, 1996
                                                   -----------       -----------
<S>                                                <C>               <C> 
Secured by Real Estate:
   Residential Mortgage ....................       $32,820,812       $28,023,269
   Commercial Mortgage .....................        26,033,648        23,690,659
   Construction ............................         3,360,627         2,289,233
Commercial and Industrial ..................        16,153,931        17,135,417
Loans to Individuals .......................         5,124,775         3,456,425
Loans to Individuals for Automobiles .......        12,660,156        13,260,060
Other Loans to Individuals .................           155,079              --
                                                   -----------       -----------
                                                   $96,309,028       $87,855,063
                                                   ===========       ===========
</TABLE>

         There were no loans restructured during 1997 or 1996. Loans past due 90
days or more and still accruing  totaled $53,031 at June 30, 1997 and $20,600 at
December 31, 1996.  Loans in a non-accrual  status totaled  $226,194 at June 30,
1997 and $24,384 at December 31, 1996.
<PAGE>
                          SVB FINANCIAL SERVICES, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                            June 30, 1997 (UNAUDITED)

3.       Allowance for Possible Loan Losses

         The  allowance  for  possible  loan  losses is based on  estimates  and
ultimate  losses  may vary  from the  current  estimates.  These  estimates  are
reviewed periodically and as adjustments become necessary, they are reflected in
operations  in the  period  in which  they  become  known.  An  analysis  of the
allowance for possible loan losses is as follows:

<TABLE>
<CAPTION>
                                                    June 30,          December 31,
                                                      1997                1996
<S>                                                <C>                <C>
Balance January 1, .......................         $ 783,366          $ 527,019
Provision charged to Operations ..........           150,000            309,500
Charge Offs ..............................           (53,858)           (57,593)
Recoveries ...............................             3,814              4,440
                                                   ---------          ---------
Balance End of Period ....................         $ 883,322          $ 783,366
                                                   =========          =========
</TABLE>

4.       New Accounting Pronouncement

         The FASB has issued  Statement of Financial  Accounting  Standards  No.
128,  Earnings Per Share,  which is effective  for financial  statements  issued
after  December 15, 1997.  Early  adoption of the new standard is not permitted.
The new standard  eliminates  primary and fully  diluted  earnings per share and
requires  presentation  of basic and diluted  earnings per share  together  with
disclosure of how the per share amounts were computed.  The adoption of this new
standard is not expected to have a material impact on the disclosure of earnings
per share in the financial statements.


ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS
         AND RESULTS OF OPERATIONS

         Net income for the first six months of 1997 was  $482,319,  an increase
of $233,996 or 94% as  compared to the same period in 1996.  Earnings  per share
were $.35 in 1997 as compared to $.21 in 1996. Net income for the second quarter
of 1997 was $250,826 which was $19,333 higher than the first quarter of 1997 and
$80,564  or 47% higher  than the second  quarter  of 1996.  An  increase  in net
interest  income,  more  fully  described  below,  of  $731,638  was  the  chief
contributor to the increase in earnings.  It is important to note that the first
half of 1996 was  impacted by an increase in operating  expenses  related to the
opening of the Company's Hillsborough office.

         A detailed discussion of the major components of net income follows:

Net Interest Income

         Net interest income for the first half of 1997 was $2,784,762  compared
to $2,053,124 in 1996, an increase of $731,638 or 36%.
<PAGE>
         Almost all of the increase can be  attributed to an increase in average
earnings assets.  Average earnings assets for the first half of 1997 were $124.2
million an increase of $32.5  million or 36% from the first half of 1996.  Loans
accounted for almost 74% of this increase as loans averaged $91.9 million during
the six months. The increase in loan balances caused interest income to increase
$1.2 million while a decline in the yield on loans reduced interest income $54.0
thousand.  The  decline  in the yield on loans was due to a change in the mix of
the loan portfolio, in particular, consumer automobile loans purchased from auto
dealerships at rates lower than the Company's overall return.

         Overall,  interest  income  increased $1.3 million.  Almost all of this
amount was due to the increase an average balances.  The yield on earning assets
was 8.26% for 1997 and a 8.31% for 1996.

         The overall cost of interest-bearing liabilities declined from 4.72% to
4.69% as a result of lower rates being paid on maturing certificates of deposit.
This decline  combined with an increase in non-interest  sources of funds mostly
capital and demand  deposits of $5.3 million caused the cost of funding  earning
assets to drop from 3.79% to 3.74%. The combination of the decrease in the yield
on earning assets and the decrease in the cost to fund earning  assets  resulted
in a net interest margin of 4.52% for both years.

Provision for Loan Possible Losses

         The  provision  for possible loan losses was $150,000 in the first half
of 1997 as compared to  $145,000 in the first half of 1996.  Although  there has
been an  increase in past due and  non-accrual  loans (see Asset  Quality),  the
increase in the provision is mostly related to the growth in  outstanding  loans
rather  than to an overall  decline in credit  quality.  Total  gross loans have
increased  $8.5 million or 10% since  December 31, 1996 and $18.6 million or 24%
since June 30, 1996.

Other Income

         During the first half of 1997,  other income  increased  $60,972 or 39%
over the same period in 1996.  Gains on the sale of loans  accounted for $10,595
of the  increase.  The  Company is a  preferred  SBA  lender  and,  as such,  it
originates  SBA  loans  and  sells the  government  guaranteed  portions  in the
secondary  market while retaining the servicing.  The amount of gains recognized
on SBA loans is dependent on the volume of new SBA loans generated each quarter.
The amounts can vary greatly from quarter to quarter and from year to year.

         Service charges on deposit accounts  increased  $27,885 or 35% from the
same  period  last year.  The growth in the number of  commercial  and  consumer
checking accounts resulted in increased overdraft,  account maintenance and wire
transfer fees.

         Other income increased  $20,375 or 54% as a result of increased Letters
of Credit fees and servicing fees for SBA loans.

Other Expense

         Other  expenses  for the six  months  ended  June  30,  1997  increased
$396,342  or 24% from the same  period in 1996.  It is  important  to note that,
during the past twelve  months,  the assets of the Company grew $30.2 million or
27%.  In 1996,  the  Company  opened  its first  branch  office in  Hillsborough
Township  during  the first  quarter  and moved its  back-office  operations  to
<PAGE>
additional space it was leasing in Hillsborough  during the second quarter.  The
full impact of these two items was not felt in the first half of 1996. Also, the
Company plans to open its second  branch in  Bridgewater  Township  early in the
third quarter of 1997. Because of the 27% growth in assets and the plans for the
Bridgewater  office, the Company has had to hire additional  personnel to better
service its customer base. These additions combined with normal salary increases
and the  additions to the staff caused  salary and benefits  expense to increase
$181,192 or 21% from last year. Additional rent on the Hillsborough location and
depreciation  on improved  facilities  resulted in a $33,520 or 18%  increase in
occupancy  expenses.  The Company has also made an  investment in a new computer
network in order to improve efficiency and remain current with technology. These
purchases as well as other  purchases of equipment for new  employees  increased
equipment  expense $34,380 or 30% from last year. Other expenses  increased from
last year  $147,250 or 30%.  Much of this  increase was related to the growth of
the Company  which  affected many areas,  but  especially  examination  and data
processing costs. Costs of $16,160 were incurred to maintain the Company's other
real estate  owned.  There was a decline in marketing  and business  development
costs  because last year's  expenses  included the grand  opening  costs for the
Hillsborough  office,  but these  expenses will increase in the third quarter of
1997  with the  opening  of the  Bridgewater  branch.  Directors'  fees  expense
increased by $28,781.

Financial Condition
June 30, 1997 compared to December 31, 1996

         Total assets  increased  $15.4  million or 12% from  December 31, 1996.
Loans accounted for most of the increase.  Total loans grew $8.5 million. Growth
of $8.2  million  occurred  in loans  secured by real  estate  with the  biggest
increase of $4.8 million in the residential  mortgage loan  portfolio.  Loans to
individuals for automobiles,  which had experienced  significant growth over the
past two years,  declined by $1.0 million.  The current interest rates earned on
these  loans in  relation  to  competition  has caused the  Company to not be as
aggressive in generating new automobile loans.

         Deposits  increased  $15.0  million or 13% during the first  half.  All
deposit  categories  increased with the largest  increase of $6.5 million in the
time deposits less than $100,000 category.

         Investment securities increased $5.1 million.

Asset Quality

         Loans past due 90 days or more and still accruing totaled $53,031 as of
June 30, 1997 and $20,600 at December 31, 1996 and represented  .06% and .02% of
total loans as of June 30, 1997 and December 31, 1996, respectively.

         Loans in a  non-accrual  status  totaled  $226,194 at June 30, 1997 and
$24,384 at December 31, 1996 and represented  .23% and .03% of total loans as of
June 30, 1997 and December 31, 1996, respectively.

         The Company  had other real  estate  owned of $304,700 at June 30, 1997
and December 31, 1996.
<PAGE>
Allowance for Possible Loan Losses

         The  allowance  for  possible  loan  losses  is  maintained  at a level
considered  adequate  to provide for  potential  loan  losses.  The level of the
allowance  is  based on  management's  evaluation  of  potential  losses  in the
portfolio,  after  consideration  of  risk  characteristics  of  the  loans  and
prevailing and anticipated  economic  conditions.  The allowance is increased by
provisions charged to expense and reduced by charge-offs, net of recoveries.

         At June 30,  1997,  the  allowance  for loan  losses was  $883,322  and
represented .92% of total loans and 316% of non-performing  loans compared to an
allowance  for loan  losses at  December  31,  1996 of $783,366 or .89% of total
loans and 1,741% of non-performing loans at December 31, 1996.

         Charge-offs for the first six months of 1997 totaled  $53,858  compared
to $51,043 for the year ended December 31, 1996.

Capital Resources

         Total Shareholders' Equity was $12,411,234 at June 30, 1997 compared to
$11,909,659 at December 31, 1996.

         Under the FDIC  Improvement Act of 1991, banks are required to maintain
a minimum ratio of total capital to risk based assets of 8% of which at least 4%
must be in the form of Tier I  Capital  (primarily  Shareholders'  Equity).  The
following are the Company's capital ratios at the end of the periods indicated.
<TABLE>
<CAPTION>
                                                        June 30,     December 31,
                                                         1997           1996
<S>                                                      <C>            <C>
Tier I Capital to Risk Weighted Assets ...........       12.06%         12.56%
Total Capital to Risk Weighted Assets ............       12.93%         13.40%
Leverage Ratio ...................................        9.08%          9.58%
</TABLE>

Liquidity

         Cash and cash equivalents totaled $13.8 at June 30, 1997 an increase of
$1.6 million.

         The increase in Cash and Cash Equivalents was primarily attributable to
an  increase  in  deposits  which  contributed  to an  increase in cash used for
financing  activities of $15.0 million.  Time deposits  experienced  the largest
increase for the six month period of $7.7 million.

         The  increase  in  financing  activities  was offset by an  increase in
investing  activities of $13.8  million.  The investing  activities  for the six
months  of 1997  were in the form of  loans  ($8.5  million)  and  purchases  of
securities  ($11.7  million).   Security   purchases  were  offset  by  security
maturities of $6.6 million.
<PAGE>
                            PART II-OTHER INFORMATION 

Item 1   -        Legal Proceedings

                  The  Company is party in the  ordinary  course of  business to
                  litigation involving  collection matters,  contract claims and
                  other   miscellaneous   causes  of  action  arising  from  its
                  business.  Management does not consider that such  proceedings
                  depart from usual routine litigation and, in its judgment, the
                  Company's  financial  position and results of operations  will
                  not be affected materially by such proceedings.

Item 2   -        Changes in Securities

                  None.

Item 3   -        Defaults upon Senior Securities

                  None.

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

                  None.

Item 5   -        Other Information

                  None.


Item 6   -        Exhibits and Reports on Form 8-K

            (a)   Exhibits

           3(i)   Articles of Incorporation

                  Certificate of Incorporation of the Company is incorporated by
                  reference to the Company's Registration Statement on Form SB-2
                  File Number 333-12305 Amendment No. 2, Filed November 4, 1996.

         3(ii)    Bylaws

                  Bylaws of the Company are  incorporated  by  reference  to the
                  Company's   Registration  Statement  on  Form  SB-2  File  No.
                  333-12305 Amendment No. 2, Filed November 4, 1996.

         (27)     Financial Data Schedule

          (b)     Reports on Form 8-K

                  A report on Form 8-K was filed  during the  second  quarter of
                  1997  under  Item  4  "Change   in   Registrant's   Certifying
                  Accountants."
<PAGE>



                                   SIGNATURES


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




                                                  SVB FINANCIAL SERVICES, INC.
                                                        (Registrant)




Dated:   August 8, 1997                           By:/s/Keith B. McCarthy
                                                     --------------------
                                                      Keith B. McCarthy
                                                      Executive Vice President
                                                      Chief Accounting Officer