|**[X]**   | STRONG ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934 
|--------- | --------------------------------------------------------------------------------------------
|****      | **For the fiscal year ended March 31, 2001**                                                
|****      | **OR**                                                                                      
|**[   ]** | **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THESECURITIES EXCHANGE
ACT OF 1934**

|**FIRST ROBINSON FINANCIAL CORPORATION**                           
|-------------------------------------------------------------------
|(Name of small business issuer in its charter)                     
|                                                                   
|Delaware                                                           
|(State or other jurisdiction of incorporation or organization)     
|                                                                   
|501 East Main Street, Robinson, Illinois                           
|(Address of principal executive offices)                           
|                                                                   
|Registrant's telephone number, including area code:  (618) 544-8621
|                                                                   
|Securities Registered Pursuant to Section 12(b) of the Act:        
|None                                                               
|Securities Registered Pursuant to Section 12(g) of the Act:        
|Common Stock, par value $0.01 per share                            
|(Title of class)                                                   

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|                                                  | March 31, |        
|------------------------------------------------- | --------- | -------
|                                                  | 2001      | 2000   
|                                                  | Amount    | Percent
|                                                  |           |        
|Real Estate Loans:                                |           |        
|One- to four-family                               | $34,347   | 55.53% 
|Multi-family                                      | 560       | 0.91   
|Commercial and agricultural                       | 12,790    | 20.68  
|Construction or development                       | 738       | 1.19   
|Total real estate loans                           | 48,435    | 78.31  
|                                                  |           |        
|Other Loans:                                      |           |        
|Consumer Loans:                                   |           |        
|Deposit account                                   | 460       | 0.74   
|Automobile                                        | 3,718     | 6.01   
|Other                                             | 2,029     | 3.28   
|Total consumer loans                              | 6,207     | 10.03  
|Commercial business and agriculturalfinance loans | 7,211     | 11.66  
|Total other                                       | 13,418    | 21.69  
|Total loans                                       | 61,853    | 100.00%
|                                                  |           |        
|Less:                                             |           |        
|Loans in process                                  | (421)     |        
|Unearned discounts                                | ---       |        
|Allowance for losses                              | (620)     |        
|Total loans receivable, net                       | $60,812   |        

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|                                  | Real Estate                         |                                           |          |                                            |        |                     |       
|--------------------------------- | ----------------------------------- | ----------------------------------------- | -------- | ------------------------------------------ | ------ | ------------------- | ------
|                                  | One- to Four-Family andConstruction | Multi-family andCommercial andAgriculture | Consumer | Commercial BusinessandAgricultural Finance | Total 
|                                  | Amount                              | WeightedAverageRate                       | Amount   | WeightedAverageRate                        | Amount | WeightedAverageRate | Amount
|                                  | (Dollars in Thousands)             
|Due During
Years Ending
March 31, |                                     |                                           |          |                                            |        |                     |       
|2002(1)                           | $13,442                             | 8.91%                                     | $  9,135 | 9.00%                                      | $1,285 | 9.46%               | $5,992
|2003 and 2004                     | 11,720                              | 9.01                                      | 2,887    | 8.69                                       | 2,078  | 10.60               | 818   
|2005 and 2006                     | 2,332                               | 8.63                                      | 700      | 9.05                                       | 2,348  | 9.12                | 359   
|After 2006                        | 7,591                               | 7.81                                      | 628      | 7.92                                       | 496    | 7.55                | 42    
|Total                             | $35,085                             | 8.69%                                     | $13,350  | 8.89%                                      | $6,207 | 9.56%               | $7,211

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|                                                       | Year Ended March 31,
|------------------------------------------------------ | --------------------
|                                                       | 2001                
|                                                       |                     
|Originations by type:                                  |                     
|Real estate:                                           |                     
|One to four-family                                     | $10,574             
|Multi-family                                           | ---                 
|Commercial and agricultural                            | 2,361               
|Construction                                           | 1,337               
|                                                       |                     
|Other:                                                 |                     
|Consumer                                               | 5,662               
|Commercial business and agricultural
      	   finance | 4,037               
|Total loans originated                                 | 23,971              
|                                                       |                     
|Purchases:                                             |                     
|Real Estate:                                           |                     
|Commercial and agricultural                            | ---                 
|                                                       |                     
|Other:                                                 |                     
|Commercial business and agricultural
      finance     | ---                 
|Total loan purchases                                   | ---                 
|                                                       |                     
|Mortgage-backed securities                             | 5,334               
|Total purchases                                        | 5,334               
|                                                       |                     
|Sales and Repayments:                                  |                     
|Real estate:                                           |                     
|One- to four-family                                    | 3,937               
|Mortgage-backed securities sales                       | 1,206               
|                                                       |                     
|Other:                                                 |                     
|Commercial business and agricultural   finance         | ---                 
|Total sales                                            | 5,143               
|                                                       |                     
|Principal reductions                                   |                     
|Loans                                                  | 22,505              
|Mortgaged-backed securities                            | 1,907               
|Total reductions                                       | 24,412              
|Decreases in other items, net                          | (336)               
|Net increase (decrease)                                | $   (586)           

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|                                                 | Loans Delinquent For:  |                    
|------------------------------------------------ | ---------------------- | -------------------
|                                                 | 60-89 Days(1)          | 90 Days and Over(1)
|                                                 | Number                 | Amount             
|                                                 | (Dollars in thousands)
|Real Estate:                                     |                        |                    
|One- to four-family                              | ---                    | $---               
|Commercial and
         agricultural real estate | ---                    | ---                
|Consumer                                         | ---                    | ---                
|Commercial business     and agricultural finance | ---                    | ---                
|                                                 |                        |                    
|Total                                            | ---                    | $---               

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|                                                       | Year EndedMarch 31,   
|------------------------------------------------------ | ----------------------
|                                                       | 2001                  
|                                                       | (Dollars in thousands)
|Non-accruing loans:                                    |                       
|One- to four-family                                    | $   188               
|Commercial and agricultural real estate                | 190                   
|Consumer                                               | 13                    
|Commercial business and agricultural
         finance  | 320                   
|Total                                                  | 711                   
|                                                       |                       
|Accruing loans delinquent more
       than 90 days:    |                       
|One- to four-family                                    | ---                   
|Commercial and agricultural real estate                | ---                   
|Consumer                                               | 8                     
|Commercial business and 
         agricultural finance | ---                   
|Total                                                  | 8                     
|                                                       |                       
|Foreclosed assets:                                     |                       
|One- to four-family                                    | 29                    
|Commercial and agricultural real estate                | 22                    
|Consumer                                               | 39                    
|Total                                                  | 90                    
|                                                       |                       
|Total non-performing assets                            | $   801               
|Total as a percentage of total assets                  | 0.90%                 

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|                                                | March 31,                  
|----------------------------------------------- | ---------------------------
|                                                | 2001                       
|                                                | Amount ofLoan LossAllowance
|                                                | (Dollars in thousands)     
|                                                |                            
|One- to four-family                             | $  247                     
|Multi-family                                    | ---                        
|Commercial and
   agricultural real estate      | 161                        
|Construction or 
   development                 | ---                        
|Consumer                                        | 52                         
|Commercial business and
   agricultural finance | 160                        
|Unallocated                                     | ---                        
|Total                                           | $  620                     

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|                                                                                             | Year Ended


March 31,
|-------------------------------------------------------------------------------------------- | ----------------------
|                                                                                             | 2001                  
|                                                                                             | (Dollars in thousands)
|                                                                                             |                       
|Balance at beginning of year                                                                 | $630                  
|                                                                                             |                       
|Charge-offs:                                                                                 |                       
|One- to four-family                                                                          | 101                   
|Commercial and agricultural real estate                                                      | 2                     
|Consumer                                                                                     | 43                    
|Commercial business and agricultural finance                                                 | 580                   
|                                                                                             | 726                   
|                                                                                             |                       
|Recoveries:                                                                                  |                       
|One- to four-family                                                                          | 4                     
|Commercial and agricultural real estate                                                      | ---                   
|Consumer                                                                                     | 34                    
|Commercial business and agricultural finance                                                 | 3                     
|                                                                                             | 41                    
|                                                                                             |                       
|Net charge-offs                                                                              | 685                   
|Additions charged to operations                                                              | 675                   
|Balance at end of year                                                                       | $620                  
|                                                                                             |                       
|Ratio of net charge-offs during the year to
       average loans outstanding during the year | 1.08%                 
|                                                                                             |                       
|Ratio of net charge-offs during the year to
       average non-performing assets             | 52.13%                

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|                                                | March 31,             
|----------------------------------------------- | ----------------------
|                                                | 2001                  
|                                                | BookValue             
|                                                | (Dollars in thousands)
|**AVAILABLE FOR SALE**                          |                       
|Equity securities:                              |                       
|FHLB stock                                      | $   507               
|FRB stock                                       | 263                   
|Total equity securities                         | 770                   
|Investments securities:                         |                       
|U.S. treasury                                   | 512                   
|Municipal bonds                                 | 1,530                 
|FHLB agency                                     | 522                   
|Total investment securities                     | 2,564                 
|                                                |                       
|Mortgage-backed securities:                     |                       
|GNMA                                            | 6,690                 
|FNMA                                            | 5,432                 
|FHLMC                                           | 1,609                 
|Total mortgage-backed securities                | $13,731               
|                                                |                       
|Total available for sale                        | $17,065               
|                                                |                       
|**HELD TO MATURITY**                            |                       
|Investment securities:                          |                       
|Municipal bonds                                 | $     99              
|U.S. treasury notes                             | ---                   
|Total investment securities                     | 99                    
|                                                |                       
|Mortgage-backed securities:                     |                       
|FNMA                                            | $     ---             
|Total held to maturity                          | $     99              
|                                                |                       
|Average remaining life of investment securities | 9.31 Years            
|                                                |                       
|Other interest-earning assets:                  |                       
|Total interest-bearing deposits with banks      | $5,925                

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|                                       | Due in        |            
|-------------------------------------- | ------------- | -----------
|                                       | 1 Yearor Less | 1 to5 Years
|                                       |              
|Federal Home Loan Mortgage Corporation | ---           | 252        
|Weighted Average                       | ---           | 5.50       
|                                       |               |            
|Federal National Mortgage Company      | ---           | ---        
|Weighted Average                       | ---           | ---        
|                                       |               |            
|Government National Mortgage Company   | ---           | ---        
|Weighted Average                       | ---           | ---        
|                                       |               |            
|Total                                  | ---           | 252        
|Weighted Average                       | ---           | 5.50       

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|                            | Year Ended


March 31,
|--------------------------- | ----------------------
|                            | 2001                  
|                            | (Dollars in thousands)
|                            |                       
|Opening balance             | $  71,960             
|Deposits                    | 380,692               
|Withdrawals                 | (383,028)             
|Interest credited           | 1,981                 
|                            |                       
|Ending balance              | $  71,605             
|                            |                       
|Net (decrease) increase     | $     (355)           
|                            |                       
|Percent (decrease) increase | (0.49)%               

|                                   | March 31,             
|---------------------------------- | ----------------------
|                                   | 2001                  
|                                   | Amount                
|                                   | (Dollars in thousands)
|                                   |                       
|Transactions and Savings Deposits: |                       
|                                   |                       
|Non-interest bearing demand 0%     | $  5,132              
|Passbook Accounts (2.76%)          | 12,725                
|NOW Accounts (2.47%)               | 13,980                
|                                   |                       
|Total non-certificates             | 31,837                
|                                   |                       
|Certificates:                      |                       
|                                   |                       
|2.00 - 3.99%                       | $     430             
|4.00 - 5.99%                       | 21,585                
|6.00 - 7.99%                       | 17,753                
|                                   |                       
|Total certificates                 | 39,768                
|Total deposits                     | $71,605               

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|                                                   | 2.00-3.99%             | 4.00-5.99% | 6.00-7.99% | Total    | Percentof Total | WeightedAverageRate
|-------------------------------------------------- | ---------------------- | ---------- | ---------- | -------- | --------------- | -------------------
|                                                   | (Dollars in thousands)
|Certificate accounts
   maturingin quarter ending: |                        |            |            |          |                 |                    
|June 30, 2001                                      | $258                   | $  4,629   | $  3,646   | $  8,533 | 21.46%          | 5.60%              
|September 30, 2001                                 | 172                    | 4,292      | 5,293      | 9,757    | 24.54           | 6.04               
|December 31, 2001                                  | ---                    | 2,243      | 1,501      | 3,744    | 9.41            | 4.46               
|March 31, 2002                                     | ---                    | 3,211      | 956        | 4,167    | 10.48           | 5.23               
|June 30, 2002                                      | ---                    | 1,254      | 942        | 2,196    | 5.52            | 5.69               
|September 30, 2002                                 | ---                    | 1,398      | 1,302      | 2,700    | 6.79            | 5.89               
|December 31, 2002                                  | ---                    | 1,056      | 1,279      | 2,335    | 5.87            | 5.84               
|March 31, 2003                                     | ---                    | 1,316      | 704        | 2,020    | 5.08            | 5.48               
|June 30, 2003                                      | ---                    | 501        | 748        | 1,249    | 3.14            | 5.83               
|September 30, 2003                                 | ---                    | 600        | 18         | 618      | 1.55            | 4.99               
|December 31, 2003                                  | ---                    | 61         | 396        | 457      | 1.15            | 6.50               
|March 31, 2004                                     | ---                    | 456        | 362        | 818      | 2.06            | 5.73               
|Thereafter                                         | ---                    | 568        | 606        | 1,174    | 2.95            | 5.97               
|                                                   |                        |            |            |          |                 |                    
|Total                                              | $430                   | $21,585    | $17,753    | $39,768  | 100.00%         | 5.62%              
|                                                   |                        |            |            |          |                 |                    
|Percent of total                                   | 1.08%                  | 54.28%     | 44.64%     | 100.00%  |                 |                    

|                                            | Maturity       
|------------------------------------------- | ---------------
|                                            | 3 Monthsor Less
|                                            |                
|Certificates of deposit less than $100,000  | $6,081         
|                                            |                
|Certificates of deposit of $100,000 or more | 701            
|                                            |                
|Public funds of $100,000 or more (1)        | 1,751          
|                                            |                
|Total certificates of deposit               | $8,533         

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|Location                                                                                                                     | DateAcquired | TotalApproximateSquareFootage | Net Book Value atMarch 31, 2001
|---------------------------------------------------------------------------------------------------------------------------- | ------------ | ----------------------------- | -------------------------------
|                                                                                                                             |              |                               |                                
|Main Office:
       501 East Main Street
       Robinson, Illinois                                                           | 1985         | 12,420                        | $1.5 million                   
|                                                                                                                             |              |                               |                                
|Branch Offices:
       119 East Grand Prairie
       Palestine, Illinois
       102 West Main Street
       Oblong, Illinois | 1995
 
1995  | 1,800
 
2,260                 | 354,000
 
72,000               
|                                                                                                                             |              |                               |                                
|Outer East Main Street
       Oblong, Illinois                                                                               | 1997         | 1,000                         | 206,000                        

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|Annual Report Section                                                                                   | Pages inAnnualReport
|------------------------------------------------------------------------------------------------------- | --------------------
|                                                                                                       
|Report of Independent Auditors                                                                          | 17                  
|Consolidated Statements of Financial Condition for the
      Fiscal Years Ended March 31, 2001 and 2000 | 18                  
|Consolidated Statements of Income for the
      Years Ended March 31, 2001 and 2000                     | 19                  
|Consolidated Statements of Stockholders' Equity for
      Years Ended March 31, 2001 and 2000           | 20                  
|Consolidated Statements of Cash Flows for the
      Years Ended March 31, 2001 and 2000                 | 21                  
|Notes to Consolidated Financial Statements                                                              | 23                  

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|RegulationS-BExhibitNumber | Document                                                                    | Reference toPrior Filing orExhibit NumberAttachedHereto
|-------------------------- | --------------------------------------------------------------------------- | -------------------------------------------------------
|2                          | Plan of acquisition, reorganization, arrangement, liquidation or succession | None                                                   
|3(i)                       | Certificate of Incorporation                                                | *                                                      
|3(ii)                      | By-Laws                                                                     | *                                                      
|4                          | Instruments defining the rights of security holders,
including debentures   | *                                                      
|9                          | Voting Trust Agreement                                                      | None                                                   
|10                         | Material Contracts                                                          | None                                                   
|11                         | Statement re:  computation of per share earnings                            | None                                                   
|13                         | Annual Report to Stockholders                                               | 13                                                     
|16                         | Letter re:  change in certifying accountants                                | None                                                   
|18                         | Letter re:  change in accounting principles                                 | None                                                   
|21                         | Subsidiaries of Registrant                                                  | 21                                                     
|22                         | Published report regarding matters submitted to vote of
security holders    | None                                                   
|23                         | Consents of Experts and Counsel                                             | None                                                   
|24                         | Power of Attorney                                                           | Not required                                           
|99                         | Additional Exhibits                                                         | None                                                   

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|      |               |  | **FIRST ROBINSON FINANCIAL**
      **CORPORATION**
|----- | ------------- |  | --------------------------------------------------
|      |               |  |                                                   
|      |               |  |                                                   
|Date: | June 28, 2001 |  | By:                                               

|By:   | /s/ Rick L. Catt                                                                                                                   |  | By:   | /s/ Jamie E. McReynolds                                                                                                                                 
|----- | ---------------------------------------------------------------------------------------------------------------------------------- |  | ----- | --------------------------------------------------------------------------------------------------------------------------------------------------------
|      | Rick L. Catt, Director, President
         and Chief Executive Officer
      *(Principal Executive and*
      *Operating Officer)* |  |       | Jamie E. McReynolds, Vice
         President, Chief Financial Officer
         and Secretary
         *(Chief Financial and Accounting*
      *Officer)*
|      |                                                                                                                                    |  |       |                                                                                                                                                         
|Date: | June 28, 2001                                                                                                                      |  | Date: | June 28, 2001                                                                                                                                           
|      |                                                                                                                                    |  |       |                                                                                                                                                         
|By:   | /s/ Scott F. Pulliam                                                                                                               |  | By:   | /s/ J. Douglas Goodwine                                                                                                                                 
|      | Scott F. Pulliam, Director                                                                                                         |  |       | J. Douglas Goodwine, Director                                                                                                                           
|      |                                                                                                                                    |  |       |                                                                                                                                                         
|Date: | June 28, 2001                                                                                                                      |  | Date: | June 28, 2001                                                                                                                                           
|      |                                                                                                                                    |  |       |                                                                                                                                                         
|By:   | /s/ Robin E. Guyer                                                                                                                 |  | By:   | /s/ Steven E. Neeley                                                                                                                                    
|      | Robin E. Guyer, Director                                                                                                           |  |       | Steven E. Neeley, Director                                                                                                                              
|      |                                                                                                                                    |  |       |                                                                                                                                                         
|Date: | June 28, 2001                                                                                                                      |  | Date: | June 28, 2001                                                                                                                                           
|      |                                                                                                                                    |  |       |                                                                                                                                                         
|By:   | /s/ William K. Thomas                                                                                                              |  | By:   | /s/ Donald K. Inboden                                                                                                                                   
|      | William K. Thomas, Director                                                                                                        |  |       | Donald K. Inboden, Director                                                                                                                             
|      |                                                                                                                                    |  |       |                                                                                                                                                         
|Date: | June 28, 2001                                                                                                                      |  | Date: | June 28, 2001                                                                                                                                           

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