|(X)  | Quarterly Report pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 
|---- | -----------------------------------------------------------------------------------------
|     | For the quarterly period ended December 31, 2001                                         
|(  ) | Transition Report pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
|     | For the transition period from _______________ to ___________________                    

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| | Class        | Shares Outstandingas of February 14, 2002
| | ------------ | -----------------------------------------
| | Common Stock | 471,411                                  

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|**PART I - FINANCIAL INFORMATION**
|----------------------------------
|                                  
|**ITEM 1 - FINANCIAL STATEMENTS** 
|                                  
|                                  
|                                  
|                                  
|                                  
|                                  
|                                  
|                                  
|                                  
|**ITEM 2 -**                      
|                                  
|**PART II - OTHER INFORMATION**   
|                                  
|Other Information                 
|                                  
|Signatures                        

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|                                                             |                                                       |                                                                  | December2001 | September2001
|------------------------------------------------------------ | ----------------------------------------------------- | ---------------------------------------------------------------- | ------------ | -------------
|**ASSETS**                                                   |                                                       |                                                                 
|Cash and due from banks                                      | $2,733                                                | $3,017                                                          
|Interest-bearing deposits in other financial institutions    | 3,035                                                 | 1,102                                                           
|                                                             |                                                       | Total cash and cash equivalents                                  | 5,768        | 4,199        
|                                                             |                                                       |                                                                  |              |              
|Securities available-for-sale                                | 9,561                                                 | 9,536                                                           
|Securities held-to-maturity, at cost (fair value: Dec - $385 |                                                       |                                                                 
|                                                             | September - $415)                                     | 389                                                              | 421         
|Loans held for sale                                          | 2,355                                                 | 2,355                                                           
|Loans receivable, (net of allowance for loan losses:         |                                                       |                                                                 
|                                                             | Dec - $417; September. - $417)                        | 59,276                                                           | 61,857      
|Federal Home Loan Bank stock                                 | 461                                                   | 458                                                             
|Servicing rights                                             | 88                                                    | 110                                                             
|Real estate owned (net of allowance for losses:              |                                                       |                                                                 
|                                                             | Dec. - $5; September - $15)                           | 592                                                              | 677         
|Repossessed assets and insurance claims (net of allowance    |                                                       |                                                                 
|                                                             | for losses:  Dec. - $64; September - $100)            | 717                                                              | 1,023       
|Premises and equipment                                       | 1,949                                                 | 2,004                                                           
|Accrued interest receivable                                  | 501                                                   | 544                                                             
|Other assets                                                 | 400                                                   | 467                                                             
|                                                             |                                                       |                                                                  | $82,057      | $83,571      
|                                                             |                                                       |                                                                  |              |              
|**LIABILITIES AND STOCKHOLDERS' EQUITY**                     |                                                       |                                                                 
|Liabilities                                                  |                                                       |                                                                 
|                                                             | Deposits                                              | $75,598                                                          | $76,182     
|                                                             | Advance payments by borrowers for insurance and taxes | 91                                                               | 709         
|                                                             | Debentures                                            | 3,629                                                            | 3,629       
|                                                             | Accrued supplemental retirement plan benefits         | 539                                                              | 542         
|                                                             | Accrued interest payable and other liabilities        | 652                                                              | 782         
|                                                             |                                                       |                                                                  | 80,509       | 81,844       
|                                                             |                                                       |                                                                  |              |              
|                                                             | Minority interest                                     | 873                                                              | 873         
|                                                             |                                                       |                                                                  |              |              
|Stockholders' equity                                         |                                                       |                                                                 
|                                                             | Common stock - par value $.01 per share; authorized   |                                                                  |             
|                                                             |                                                       | 1,500,000 shares, issued 471,411 shares at December 31, 2001 and |              |              
|                                                             |                                                       | September 30, 2001                                               | 5            | 5            
|                                                             | Additional paid-in capital                            | 2,117                                                            | 2,117       
|                                                             | Retained deficit                                      | (1,458)                                                          | (1,278)     
|                                                             | Accumulated other comprehensive income                | 11                                                               | 10          
|                                                             |                                                       |                                                                  | 675          | 854          
|                                                             |                                                       |                                                                  |              |              
|                                                             |                                                       |                                                                  | $82,057      | $83,571      

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|                                                        |                                            |                                          | For the Three Months Ended

December 31,
|------------------------------------------------------- | ------------------------------------------ | ---------------------------------------- | ----------------------------------------
|                                                        |                                            |                                          | 2001                                    
|Interest income                                         |                                            |                                         
|                                                        | Loans                                      | $1,515                                   | $1,851                                  
|                                                        | Mortgage-backed securities                 | 23                                       | 20                                      
|                                                        | Other                                      | 94                                       | 44                                      
|                                                        |                                            | Total interest income                    | 1,632                                   
|                                                        |                                            |                                          |                                         
|Interest expense                                        |                                            |                                         
|                                                        | Deposits                                   | 719                                      | 863                                     
|                                                        | Debentures and other borrowings            | 107                                      | 110                                     
|                                                        |                                            | Total interest expense                   | 826                                     
|                                                        |                                            |                                          |                                         
|**Net interest income**                                 | 806                                        | 942                                     
|                                                        |                                            |                                          |                                         
|Provision for loan losses                               | 90                                         | 111                                     
|                                                        |                                            |                                          |                                         
|**Net interest income after provision for loan losses** | 716                                        | 831                                     
|                                                        |                                            |                                          |                                         
|Noninterest income                                      |                                            |                                         
|                                                        | Service charges                            | 213                                      | 194                                     
|                                                        | Gain on sale of loans and servicing rights | 32                                       | 31                                      
|                                                        | Servicing fee income net of amortization   | 7                                        | 5                                       
|                                                        | Other                                      | -                                        | (5)                                     
|                                                        |                                            | Total noninterest income                 | 252                                     
|                                                        |                                            |                                          |                                         
|Noninterest expense                                     |                                            |                                         
|                                                        | Compensation and benefits                  | 450                                      | 512                                     
|                                                        | Occupancy and equipment expense            | 127                                      | 152                                     
|                                                        | Federal insurance premiums                 | 22                                       | 10                                      
|                                                        | Net loss on real estate owned,             |                                          |                                         
|                                                        |                                            | repossessed assets and insurance claims, |                                         
|                                                        |                                            | including provision                      | 136                                     
|                                                        | Professional fees                          | 105                                      | 113                                     
|                                                        | Data processing                            | 74                                       | 76                                      
|                                                        | Other                                      | 234                                      | 261                                     
|                                                        |                                            | Total noninterest expense                | 1,148                                   
|                                                        |                                            |                                          |                                         
|                                                        | Loss before income taxes                   | (180)                                    | (48)                                    
|                                                        |                                            |                                          |                                         
|Income tax benefit                                      | -                                          | (8)                                     
|                                                        |                                            |                                          |                                         
|Net Loss                                                | $(180)                                     | $(40)                                   
|                                                        |                                            |                                          |                                         
|Comprehensive loss                                      | $(179)                                     | $(40)                                   
|                                                        |                                            |                                          |                                         
|**Loss per common share, basic and diluted:**           |                                            |                                         
|                                                        |                                            | Loss per common share                    | $(.38)                                  

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|                                                 |                                                    |                                           | Three Months Ended

December 31,                          
|------------------------------------------------ | -------------------------------------------------- | ----------------------------------------- | ----------------------------------------------------------
|                                                 |                                                    |                                           | 2001                                                      
|**Cash flows from operating activities**         |                                                    |                                          
|                                                 | Net loss                                           | $(180)                                    | $(40)                                                     
|                                                 | Adjustments to reconcile net loss to net cash      |                                           |                                                           
|                                                 |                                                    | from operating activities                 |                                                           
|                                                 |                                                    | Depreciation                              | 63                                                        
|                                                 |                                                    | Amortization of premiums and discounts on |                                                           
|                                                 |                                                    |                                           | investment and mortgage-backed securities, net            
|                                                 |                                                    | Net change in loans held for sale         | 32                                                        
|                                                 |                                                    | Net change in servicing rights            | 22                                                        
|                                                 |                                                    | Net (gains) losses on sales of            |                                                           
|                                                 |                                                    |                                           | Mortgage loans and mortgage servicing rights              
|                                                 |                                                    |                                           | Real estate owned, repossessed assets and insurance claims
|                                                 |                                                    | Provision for loan losses                 | 90                                                        
|                                                 |                                                    | Federal Home Loan Bank stock dividend     | (3)                                                       
|                                                 |                                                    | Change in                                 |                                                           
|                                                 |                                                    |                                           | Repossessed assets                                        
|                                                 |                                                    |                                           | Accrued interest receivable                               
|                                                 |                                                    |                                           | Other assets                                              
|                                                 |                                                    |                                           | Accrued supplemental retirement plan, interest payable    
|                                                 |                                                    |                                           |                                                           
|                                                 |                                                    |                                           |                                                           
|                                                 |                                                    |                                           |                                                           
|**Cash flows from investing activities**         |                                                    |                                          
|                                                 | Net change in loans receivable                     | 2,433                                     | 1,196                                                     
|                                                 | Investment in mortgage-backed and other securities | (81)                                      | (1,371)                                                   
|                                                 | Principal payments on mortgage-backed securities   | 83                                        | 33                                                        
|                                                 | Investment in office properties and equipment, net | (8)                                       | (28)                                                      
|                                                 | Proceeds from sale of foreclosed real estate       | 189                                       | 149                                                       
|                                                 | Capital expenditures on foreclosed real estate     | (32)                                      | (4)                                                       
|                                                 |                                                    |                                           |                                                           
|                                                 |                                                    |                                           |                                                           
|**Cash flows from financing activities**         |                                                    |                                          
|                                                 | Net increase (decrease) in deposits                | (584)                                     | 2,458                                                     
|                                                 | Net decrease in advance payments by                |                                           |                                                           
|                                                 |                                                    | borrowers for insurance and taxes         | (618)                                                     
|                                                 | Net change in Federal Home Loan Bank advances      | -                                         | (3,000)                                                   
|                                                 |                                                    |                                           |                                                           
|                                                 |                                                    |                                           |                                                           
|Change in cash and cash equivalents              | 1,569                                              | (696)                                    
|                                                 |                                                    |                                          
|Cash and cash equivalents at beginning of period | 4,199                                              | 7,448                                    
|                                                 |                                                    |                                          
|Cash and cash equivalents at end of period       | $5,768                                             | $6,752                                   

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|                                | Three Months Ended

December 31,(In thousands)
|------------------------------- | ----------------------------------------------
|                                | 2001                                          
|                                |                                               
|Balances, beginning of period   | $417                                          
|Provision charged to operations | 90                                            
|Charge-offs                     | (107)                                         
|Recoveries                      | 17                                            
|                                |                                               
|Balances, end of period         | $417                                          

|                  | Three Months Ended

December 31,(In thousands)
|----------------- | ----------------------------------------------
|                  | 2001                                          
|                  |                                               
|Beginning balance | $100                                          
|Provision         | 56                                            
|Charge-offs       | (92)                                          
|                  |                                               
|Ending balance    | $64                                           

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|                                                 | Actual | Minimum Requiredfor CapitalAdequacy Purposes | Minimum Requiredto Be WellCapitalized
|------------------------------------------------ | ------ | -------------------------------------------- | -------------------------------------
|                                                 | Amount | Ratio                                        | Amount                               
|2001                                            
|                                                
|Total capital (to risk-weighted assets)          | $5,338 | 9.67%                                        | $4,416                               
|Tier 1 (core) capital (to risk-weighted assets)  | 5,024  | 9.10                                         | 2,208                                
|Tier 1 (core) capital (to adjusted total assets) | 5,024  | 6.13                                         | 3,279                                
|                                                
|2000                                            
|                                                
|Total capital (to risk-weighted assets)          | $5,802 | 9.15%                                        | $5,073                               
|Tier 1 (core) capital (to risk-weighted assets)  | 5,547  | 8.75                                         | 2,536                                
|Tier 1 (core) capital (to adjusted total assets) | 5,547  | 6.64                                         | 3,341                                

|                                    | Three Months Ended

December 31,
|----------------------------------- | --------------------------------
|                                    | 2001                            
|                                    | (Dollars in thousands)          
|EPS Computation                    
|Net income (loss)                   | $(180)                          
|                                   
|Weighted average shares outstanding | 471,411                         
|                                   
|Earnings (loss) per common share    | $(.38)                          

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|Change in

Interest Rate(Basis Points) | EstimatedNPV                               | At September 30, 2001                  | Acceptable LimitsEstablished byBoard of Directors
|-------------------------------------- | ------------------------------------------ | -------------------------------------- | -------------------------------------------------
|$ Change                               | % Change                                   | % Change                              
|(Dollars in Thousands)                 |                                            |                                        |                                                  
|+300
+200
+100
      0
-100
-200
-300  | 7,367
8,012
8,463
8,738
8,962
9,181
n/m(1) | -1,371
-725
-275
     0
224
443
n/m(1) | -16
-8
-3
  0
+3
+5
n/m(1)                       

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|                                                            | December 31 | September 30,
|----------------------------------------------------------- | ----------- | -------------
|                                                            | 2001        | 2001         
|                                                           
|Non-accrual loans                                           | $246,275    | $97,749      
|Loans past due 90 days or more                              | 43,996      | 574,747      
|                                                           
|Total non-performing loans                                  | $290,271    | $672,496     
|                                                           
|Foreclosed real estate and other repossessed assets         | 1,042,296   | 1,160,492    
|                                                           
|Total non-performing assets                                 | $1,332,567  | $1,832,988   
|                                                           
|Total non-performing loans as a percentage of total loans   | 0.47%       | 1.05%        
|                                                           
|Total non-performing assets as a percentage of total assets | 1.62%       | 2.19%        

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|**Item 1.** | **Legal Proceedings**                                                                                                                                                                                                                                      
|----------- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            | The Company is, from time to time, a party to certain lawsuits arising in the ordinary course of its
business.  The Company believes that none of these lawsuits would, if adversely determined, have a
material adverse effect on its financial condition.
|           
|**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**                                                                                                                                                                                                                       
|            | On November 11, 2001, the Company filed a current report on Form 8-K announcing the signing of
a definitive agreement for the Company to be acquired by Texas United Bancshares, Inc.                                                                      

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|                        |  | **THE BRYAN COLLEGE STATION FINANCIAL
HOLDING COMPANY**         
|----------------------- |  | ----------------------------------------------------------------
|                        |  |                                                                 
|Date: February 19, 2002 |  | /s/ Wilson FletcherWilson FletcherPresident                     
|                        |  |                                                                 
|Date: February 19, 2002 |  | /s/ Mary L. HegarMary L. HegarSenior Vice President - Accounting

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