SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   FORM 10-QSB

(Mark One)

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

For the quarterly period ended March 31, 2000
                               -------------------------------------------------

                                       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 000-29257
                                               ---------

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

       New Jersey                                          22-3709698
--------------------------------------------------------------------------------
State or other jurisdiction of              (I.R.S. employer identification no.)
incorporation or organization)

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

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

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

         Indicate  by check  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. Yes  X    No
                                              ---      ---

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

         Indicate  the  number of  shares  outstanding  of each of the  issuer's
classes of common stock, as of the latest practicable date May 8, 2000

          Class                              Outstanding
          -----                              -----------
$.10 par value common stock                425,500 shares


<PAGE>
                          ROEBLING FINANCIAL CORP, INC.
                                   FORM 10-QSB
                      FOR THE QUARTER ENDED MARCH 31, 2000

                                      INDEX

                                                                           Page
                                                                          Number
                                                                          ------

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

Item 1.  Financial Statements and Notes Thereto                           1 - 8
Item 2.  Management's Discussion and Analysis of Financial
                  Condition and Results of Operations                     9 - 13

PART II - OTHER INFORMATION

Item 1.  Legal Proceedings                                                    14
Item 2.  Changes in Securities                                                14
Item 3.  Defaults upon Senior Securities                                      14
Item 4.  Submission of Matters to a Vote of Security Holders                  14
Item 5.  Other Materially Important Events                                    14
Item 6.  Exhibits and Reports on Form 8-K                                     15

SIGNATURES                                                                    16




<PAGE>
                         ROEBLING FINANCIAL CORP, INC.
                       STATEMENTS OF FINANCIAL CONDITION

(In Thousands)
<TABLE>
<CAPTION>

                                                                                    March 31,        September 30,
                                                                                       2000               1999
                                                                                  ---------------   -----------------
                                                                                   (Unaudited)
<S>                                                                                   <C>                   <C>
Assets

Cash and due from banks                                                                  $ 2,203               2,836
Interest bearing deposits                                                                    152                 737
                                                                                  ---------------   -----------------
     Total cash and cash equivalents                                                       2,355               3,573

FHLB term deposits                                                                             -                 250
Certificates of deposit                                                                      300                 300
Securities available for sale                                                                 23                  24
Securities held to maturity                                                                8,775               9,657
Mortgage-backed and related securities held to maturity, net                               5,652               6,294
Loans receivable, net                                                                     39,893              35,745
Real estate owned                                                                              -                 210
Accrued interest receivable                                                                  384                 375
Federal Home Loan Bank of New York stock, at cost                                            388                 294
Premises and equipment                                                                     1,087               1,087
Other assets                                                                                 155                  70
                                                                                  ---------------   -----------------
     Total assets                                                                       $ 59,012            $ 57,879
                                                                                  ===============   =================

Liabilities and Stockholers' Equity

Liabilities
Deposits                                                                                $ 50,709            $ 50,036
Borrowed funds                                                                             2,200               2,125
Advances from borrowers for taxes and insurance                                              473                 420
Accrued interest payable                                                                      39                  49
Other liabilities                                                                            403                 305
                                                                                  ---------------   -----------------
     Total liabilities                                                                    53,824              52,935
                                                                                  ---------------   -----------------

Stockholders' equity

Serial preferred stock, no par value; 1,000,000 shares authorized
  none issued                                                                                  -                   -
Common stock; $0.10 par value; 4,000,000 shares authorized;
  425,500 issued                                                                              43                  43
Additional paid-in-capital                                                                 1,655               1,652
Unallocated employee stock ownership plan shares                                            (118)               (125)
Retained earnings - substantially restricted                                               3,596               3,360
Accumulated other comprehensive income - unrealized gain
  on securities available for sale, net of tax                                                12                  14
                                                                                  ---------------   -----------------
     Total stockholders' equity                                                            5,188               4,944
                                                                                  ---------------   -----------------

     Total liabilities and stockholders' equity                                         $ 59,012            $ 57,879
                                                                                  ===============   =================

</TABLE>

See notes to unaudited financial statements.

                                      -1-
<PAGE>
                         ROEBLING FINANCIAL CORP, INC.
                  STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(In Thousands)                     (UNAUDITED)

<TABLE>
<CAPTION>
                                                                                        For the Three Months Ended
                                                                                               March 31,
                                                                                  -----------------------------------
                                                                                           2000               1999
                                                                                  ---------------   -----------------
<S>                                                                                    <C>                 <C>
Interest income:
   Loans receivable                                                                        $ 766               $ 615
   Securities available for sale                                                               -                   1
   Securities held to maturity                                                               136                 171
   Mortgage-backed and related securities held to maturity                                    87                  40
   Other interest earning assets                                                              12                  35
                                                                                  ---------------   -----------------
        Total interest income                                                              1,001                 862
                                                                                  ---------------   -----------------

Interest expense:
   Deposits                                                                                  354                 337
   Borrowed funds                                                                             20                   4
                                                                                  ---------------   -----------------
        Total interest expense                                                               374                 341
                                                                                  ---------------   -----------------

Net interest income before provision for loan losses                                         627                 521
Provision for loan losses                                                                      9                   4
                                                                                  ---------------   -----------------
        Net interest income after provision for loan losses                                  618                 517
                                                                                  ---------------   -----------------

Non-interest income:
   Loan service charges and late charges                                                      18                  43
   Account servicing and other                                                                77                  29
                                                                                  ---------------   -----------------
        Total non-interest income                                                             95                  72
                                                                                  ---------------   -----------------

Non-interest expense:
   Compensation and benefits                                                                 272                 269
   Occupany and equipment                                                                     47                  41
   Service bureau and data processing                                                         84                  66
   Federal insurance premiums                                                                  4                   6
   Other expense                                                                              87                  88
                                                                                  ---------------   -----------------
        Total non-interest expense                                                           494                 470
                                                                                  ---------------   -----------------

        Income before provision for income taxes                                             219                 119
Provision for income taxes                                                                    84                  50
                                                                                  ---------------   -----------------
        Net income                                                                           135                  69

Other comprehensive income, net of tax:
   Unrealized (loss) gain on securities available for sale, net of tax                        (2)                 (2)
                                                                                  ---------------   -----------------
Comprehensive income                                                                       $ 133                $ 67
                                                                                  ===============   =================

Basic earnings per share                                                                   $0.33               $0.17
Fully diluted earnings per share                                                           $0.33               $0.17

</TABLE>

See notes to unaudited financial statements.

                                      -2-
<PAGE>
                         ROEBLING FINANCIAL CORP, INC.
                 STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(In Thousands)                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                                                       For the Six Months Ended
                                                                                               March 31,
                                                                                  -----------------------------------
                                                                                          2000               1999
                                                                                  ---------------   -----------------
<S>                                                                                   <C>                 <C>
Interest income:
   Loans receivable                                                                      $ 1,479             $ 1,199
   Securities available for sale                                                               -                   2
   Securities held to maturity                                                               289                 291
   Mortgage-backed and related securities held to maturity                                   168                  61
   Other interest earning assets                                                              32                 131
                                                                                  ---------------   -----------------
        Total interest income                                                              1,968               1,684
                                                                                  ---------------   -----------------

Interest expense:
   Deposits                                                                                  709                 673
   Borrowed funds                                                                             30                   7
                                                                                  ---------------   -----------------
        Total interest expense                                                               739                 680
                                                                                  ---------------   -----------------

Net interest income before provision for loan losses                                       1,229               1,004
Provision for loan losses                                                                     16                   5
                                                                                  ---------------   -----------------
        Net interest income after provision for loan losses                                1,213                 999
                                                                                  ---------------   -----------------

Non-interest income:
   Loan service charges and late charges                                                      38                  35
   Account servicing and other                                                               153                 103
   Gain on sale of interest earning assets                                                     -                   2
                                                                                  ---------------   -----------------
        Total non-interest income                                                            191                 140
                                                                                  ---------------   -----------------

Non-interest expense:
   Compensation and benefits                                                                 554                 507
   Occupany and equipment                                                                     90                  84
   Service bureau and data processing                                                        170                 130
   Federal insurance premiums                                                                 11                  12
   Other expense                                                                             195                 176
                                                                                  ---------------   -----------------
        Total non-interest expense                                                         1,020                 909
                                                                                  ---------------   -----------------
        Income before provision for income taxes                                             384                 230
Provision for income taxes                                                                   148                  93
                                                                                  ---------------   -----------------
        Net income                                                                           236                 137
Other comprehensive income, net of tax:
   Unrealized (loss) gain on securities available for sale, net of tax                        (2)                  1
                                                                                  ---------------   -----------------
Comprehensive income                                                                       $ 234               $ 138
                                                                                  ===============   =================

Basic earnings per share                                                                   $0.57               $0.33
Fully diluted earnings per share                                                           $0.56               $0.33

</TABLE>

See notes to unaudited financial statements.

                                      -3-
<PAGE>
                         ROEBLING FINANCIAL CORP, INC.
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
                                  (UNAUDITED)

<TABLE>
<CAPTION>
                                                                                                       Accumulated
                                                      Additional                                          Other
                                          Common       Paid-in        Unallocated      Retained       Comprehensive
                                          Stock        Capital        ESOP Shares      Earnings          Income              Total
                                        -----------  -------------  ----------------  ------------  ------------------  ------------

<S>                                     <C>         <C>                <C>           <C>                    <C>           <C>
Balance at September 30, 1999             $ 43        $ 1,652            $ (125)       $ 3,360                $ 14          $ 4,944

Net income for the six months
  ended March 31, 2000                       -              -                 -            236                   -              236

Change in unrealized gain on
  securities available for sale,
  net of income taxes                        -              -                 -              -                  (2)              (2)

Amortization of ESOP shares                  -              3                 7              -                   -               10
                                       --------  -------------  ----------------  ------------  ------------------  ----------------

Balance at March 31, 2000                 $ 43        $ 1,655            $ (118)       $ 3,596                $ 12          $ 5,188
                                       ========  =============  ================  ============  ==================  ================
</TABLE>


                                      -4-
<PAGE>
                         ROEBLING FINANCIAL CORP, INC.
                            STATEMENT OF CASH FLOWS
(Dollars in Thousands)            (UNAUDITED)

<TABLE>
<CAPTION>


                                                                                      For the Six Months Ended
                                                                                               March 31,
                                                                                  -----------------------------------
                                                                                         2000                1999
                                                                                  ---------------   -----------------
<S>                                                                                   <C>                 <C>
Cash flows from operating activities:
   Net income                                                                           $ 236               $ 137
   Adjustments to reconcile net income to cash provided by
     operating activities:
         Depreciation                                                                      35                  37
         Amortization of premiums (discounts) on investment securities
           held to maturity                                                                 9                   8
         Amortization of premiums on mortgage-backed securities                            18                  12
         Provision for loan losses                                                         16                   5
         Gain on sale of loans                                                              -                  (2)
          (Increase) in other assets                                                      (86)                (29)
          (Increase) decrease in interest receivable                                       (9)                  8
         (Decrease) in interest payable                                                   (10)                 (3)
         Increase in other liabilities                                                     98                   4
         Amortization of ESOP shares                                                       10                  11
                                                                                  ------------   -----------------
                   Net cash provided by operations                                        317                 188
                                                                                  ------------   -----------------

Cash flows from investing activities:
    Net decrease in FHLB term deposits                                                    250                   -
    Proceeds from maturities of held-to-maturity securities                               873               4,617
    Purchase of held-to-maturity securities                                                 -              (6,638)
    Proceeds from maturities of equity securities                                           -                  99
    Proceeds from sale of loans                                                             -                 979
    Purchase of Federal Home Loan Bank stock                                              (94)                (50)
    Loans originated, net of principal repayments                                      (4,149)             (5,841)
    Proceeds from principal repayment of mortgage-backed securities                       624                 813
    Purchase of mortgage-backed securities                                                  -              (1,671)
    Purchase of premises and equipment                                                    (35)                 (5)
    Proceeds from sale of real estate owned                                               195                   -
                                                                                  ------------   -----------------
                   Net cash used in investing activities                               (2,336)             (7,697)
                                                                                  ------------   -----------------

</TABLE>

See notes to unaudited financial statements.

                                      -5-

<PAGE>
                         ROEBLING FINANCIAL CORP, INC.
                        STATEMENT OF CASH FLOWS (CONT'D)
(Dollars in Thousands)            (UNAUDITED)

<TABLE>
<CAPTION>

                                                                                      For the Six Months Ended
                                                                                              March 31,
                                                                                  ---------------------------------
                                                                                       2000              1999
                                                                                  ---------------   ---------------
<S>                                                                                     <C>             <C>
Cash flows from financing activities:
    Net increase in deposits                                                                 673             5,085
    Proceeds from borrowed money                                                           2,200                 -
    Repayment of borrowed money                                                           (2,125)               (8)
    Increase in advance payments by borrowers for taxes and insurance                         53                10
                                                                                  ---------------   ---------------
                   Net cash provided by financing activities                                 801             5,087
                                                                                  ---------------   ---------------

    Net decrease in cash and cash equivalents                                             (1,218)           (2,422)
    Cash and cash equivalents at beginning of period                                       3,573             5,023
                                                                                  ---------------   ---------------
    Cash and cash equivalents at end of period                                           $ 2,355           $ 2,601
                                                                                  ===============   ===============

Supplemental Disclosures of Cash Flow Information:
    Cash paid for:
        Interest                                                                             749               680
        Income taxes                                                                          70               250

Supplemental Schedule of Noncash Investing Activities:

    Transfer from loans receivable to real estate owned                                        -               129

</TABLE>


                                       -6-
<PAGE>

                          ROEBLING FINANCIAL CORP, INC.
                     NOTES TO UNAUDITED FINANCIAL STATEMENTS

NOTE 1 - BASIS OF PRESENTATION

The  accompanying   unaudited  consolidated  financial  statements  of  Roebling
Financial  Corp,  Inc. (the  "Company ") have been  prepared in accordance  with
instructions  for  form  10-QSB.  Accordingly,  they do not  include  all of the
information and footnotes required by generally accepted  accounting  principles
for complete financial statements.  However, such information presented reflects
all adjustments  (consisting solely of normal recurring  adjustments) which are,
in the opinion of the Company's  management,  necessary for a fair  statement of
results for the interim  period.  As discussed in Note 6, the Company became the
wholly owned subsidiary of Roebling Financial Corp., Inc. on January 29, 2000.

The  results of  operations  for the six months  ended March 31,  2000,  are not
necessarily  indicative  of the  results  to be  expected  for the  year  ending
September 30, 2000, or any other period.  The unaudited  consolidated  financial
statements  and notes  thereto  should be read in  conjunction  with the audited
financial statements and notes thereto for the year ended September 30, 1999.

NOTE 2 - EARNINGS PER SHARE

Earnings per share are  computed by dividing net income by the weighted  average
number of common shares outstanding during the period. Shares outstanding do not
include shares of Company Common Stock purchased and held by the Bank's employee
stock ownership plan ("ESOP") and unallocated  during the period ended March 31,
2000, in accordance  with SOP 93-6  "Employer's  Accounting  for Employee  Stock
Ownership Plans."

NOTE 3 - EMPLOYEE STOCK OWNERSHIP PLAN ("ESOP")

In connection with the Reorganization,  the Bank formed an ESOP. The ESOP covers
employees  who  have  completed  at  least  1,000  hours  of  service  during  a
twelve-month and have attained the age of 21. The ESOP borrowed $156,800 from an
independent  third party lender to fund the  purchase of l5,680 or 8.0%,  of the
shares of Bank common stock sold in the minority stock offering. The loan to the
ESOP was repaid to the  independent  third party  lender on February 24, 2000 by
Roebling  Financial Corp.,  Inc., who presently holds the loan on its books. The
Bank is making  principal  only  payments to the Financial  Corp.  sufficient to
service the debt over the  original  ten year  period.  Shares are  released and
allocated  to  the  participants  on  the  basis  of  a  compensation   formula.
Compensation  expense  related  to the ESOP for the six months  ended  March 31,
2000, was $10,749.

NOTE 4 - STOCK-BASED COMPENSATION PLANS

On January 26, 1999, the stockholders of the Bank approved the l998 Stock Option
Plan  (the  "Stock  Option  Plan")  and the  l998  Restricted  Stock  Plan  (The
"Restricted Stock Plan").

The Stock Option Plan  provides for  authorizing  the issuance of an  additional
19,596  shares of common  stock by the Bank upon the  exercise of stock  options
awarded to  officers,  directors,  key  employees  and other  persons  providing
services to the Bank. The Bank may also purchase shares through the open market.
The 19,596  shares of options  granted  under the Stock  Option Plan  constitute
either  Incentive  Stock Options or  Non-Incentive  Stock Options.  Common stock
issuable  pursuant to  outstanding  options will be considered  outstanding  for
purposes of  calculating  earnings per share,  if  dilutive.  At March 31, 2000,
14,308 options have been granted and are exercisable.

The  Restricted  Stock Plan  provides for the purchase of 7,838 shares of common
stock  in the open  market.  All of the  Common  Stock  to be  purchased  by the
Restricted  Stock  Plan  will be  purchased  at the fair  market  or at value of
authorized  but unissued  shares of such stock on the date of  purchase.  Awards
under the  Restricted  Stock Plan were made in  recognition  of expected  future
services to the Bank by its directors,  officers,  and key employees responsible
for  implementation of the policies adopted by the Bank's Board of Directors and
as a means of providing a further

                                      -7-
<PAGE>

retention incentive. The expense of the plan will be accrued as shares vest over
a four-year period beginning February, 1999.

NOTE 5 - APPROVAL OF AN AGREEMENT AND PLAN OF REORGANIZATION

At  the  Annual  Meeting  of  Stockholders  on  January  25,  2000,  the  Bank's
Stockholders  approved an Agreement  and Plan of  Reorganization  ("the Plan" or
"Reorganization"),  providing for the  establishment of a mid-tier stock holding
company.  The Plan provided for the  establishment of Roebling  Financial Corp.,
Inc. (the Mid-Tier Stock Holding  Company) as a stock holding  company parent of
the Bank; the stock holding company is the majority owned by Roebling  Financial
Corp., MHC, the Bank's mutual holding company.  The former holders of the common
stock of the Bank became stockholders of Roebling Financial Corp., Inc. and each
outstanding  share of common  stock  (par value $.l0 per share) of the Bank were
converted  into shares of common stock of Roebling  Financial  Corp.,  Inc. on a
one-for-one  basis.  The  reorganization  was  completed  on January  31,  2000.
Effective  January 31,  2000,  Roebling  Financial  Corp.,  Inc.'s  common stock
replaced the Bank's common stock on the OTC Bulletin Board.  Roebling  Financial
Corp., Inc.'s common stock trades under the Bank's old symbol "ROEB".


                                      -8-
<PAGE>


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

General


         The Private  Securities  Litigation  Reform Act of 1995  contains  safe
harbor  provisions  regarding  forward-looking  statements.  When  used  in this
discussion, the words "believes", "anticipates",  "contemplates", "expects", and
similar expressions are intended to identify  forward-looking  statements.  Such
statements  are  subject to certain  risks and  uncertainties  which could cause
actual  results to differ  materially  from  those  projected.  Those  risks and
uncertainties  include changes in interest  rates,  the ability to control costs
and  expenses,  year 2000  issues  and  general  economic  conditions.  Roebling
Financial Corp, Inc. undertakes no obligation to publicly release the results of
any revisions to those  forward-looking  statements which may be made to reflect
events or  circumstances  after the date hereof or to reflect the  occurrence of
unanticipated events.

         On  January  25,  2000,  stockholders  pf  Roebling  Bank (the  "Bank")
approved   an   Agreement   and   Plan  of   Reorganization   ("the   Plan"   or
"Reorganization"),  providing for the  establishment of a mid-tier stock holding
company.  Roebling Financial Corp, Inc. (the"Company") was formed and became the
stock holding company of the Bank.  Roebling  Financial  Corp.,  MHC, the Bank's
mutual holding company, owns a majority of the shares of the Company. The former
holders of the common stock of the Bank became  stockholders  of the Company and
each outstanding share of common stock of the Bank were converted into shares of
common stock of the Company on a one-for-one  basis. The  reorganization  of the
Bank was  completed  on January  31,  2000.  Effective  January  31,  2000,  the
Company's  common  stock  replaced  the Bank's  common stock on the OTC Bulletin
Board.  The Company's common stock trades under the Bank's former trading symbol
"ROEB".

         The Company's business is conducted  principally  through the Bank. All
references to the Company refer collectively to the Company and the Bank.

         Effective  February  25,  2000,  the  President  of  the Bank  resigned
and Robert P. Hawkins,  Jr. was  appointed  Interim  President of the Bank.  Mr.
Hawkins was appointed  the President of the Bank on April 24, 2000.  Mr. John J.
Ferry remains Chairman of the Company.

Overview

         For the three  months ended March 31,  2000,  the Company  reported net
income of $135,000,or $.33 per diluted share, from $69,000 , or $.17 per diluted
share, for the same period in 1999. For the six months ended March 31, 2000, the
Company  reported  net  income  of  $236,000,or  $.56 per  diluted  share,  from
$137,000, or $.33 per diluted share, for the same period in 1999.

                                       9
<PAGE>

Changes In Financial Condition

         Total assets  amount to $59.0  million at March 31,  2000,  compared to
$57.9 million at September 30, l999,  representing a $1.1million  increase since
fiscal year-end 1999. Net loans totaled $39.9 million,  representing an increase
from the fiscal  year-end  balance of $35.7  million.  The increase is primarily
attributable to the mortgage loan portfolio.  Total deposits  increased $673,000
to $50.7 million at March 31, 2000, from the September 30, 1999 balance of $50.0
million.  Stockholders'  equity  reached  $5.2  million  at March 31,  2000,  up
slightly from the September 30, 1999, balance of $4.9 million.

Results of Operations

         Net Interest Income.  For the three-month period ended, March 31, 2000,
the Company  reported net interest  income  before  provision for loan losses of
$627,000,  which  represents an increase of $106,000 or 20% over the same period
in 1999.  The increase is primarily due to greater  interest  income on the loan
portfolio of  approximately  $151,000,  partially  offset by increased  interest
expense on deposits and borrowings due to volume.

         For the six month period ended March 31, 2000, the Company reported net
interest income before provision for loan losses of $1,229,000, which represents
an increase  of  $225,000  or 22%over the same period of l999.  This is due to a
$280,000 increase in interest income on the loan portfolio. The increase in loan
interest income and the increase in interest income on mortgage-based securities
of $387,000,  was partially  offset by greater  interest expense on deposits and
borrowings due to volume.

         The average yield on investments for the three-month period ended March
31, 2000,  was 6.11%  compared to 5.80% for the same period of l999. The average
balance of all investments  increased  slightly to a quarterly  average of $15.4
million for the three-month  period ended March 31, 2000, from $16.6 million for
the same period of l999. The yield on the loan portfolio  increased to 7.67% for
the  three-month  period  ended March 31,  2000,  compared to 7.54% for the same
three-month period of l999. The Company's cost of  interest-bearing  liabilities
decreased to 3.41% for the three-month period ended March 31, 2000,  compared to
3.45% for the same  three-month  period of l999.  This was  primarily  due to an
increase in non-interest  bearing  accounts,  as well as other low-cost  deposit
products and changes in deposit mix.

         Non-interest  Income.  Total  non-interest  income for the  three-month
period ended March 31, 2000,  increased $23,000, to $95,000 from $72,000 for the
same period of l999. Total  non-interest  income for the six month periods ended
March 31, 2000, increased $51,000, to $191,000 from $140,000 for the same period
of l999.  Increases in total non-interest  income for the current year three and
six month period were primarily related to increased deposit account fee income.
For the current year three month period , total  non-interest  income was offset
by a reduction in loan service fees and late charges.


                                       10
<PAGE>



         Provision for Loan Losses. The provision for loan losses was $9,000 and
$16,000,  respectively,  for the three and six month period ended March 31, 2000
compared  to $4,000  and  $5,000,  respectively,  for the same  periods in 1999.
Management  continually monitors and adjusts its allowance for loan losses based
upon its analysis of the loan portfolio.  This analysis  includes  evaluation of
known and inherent risks in the loan portfolio,  past loss  experience,  current
economic conditions,  industry loss reserve levels, adverse situations which may
affect the borrower,  the estimated value of any underlying collateral and other
relevant  factors.  However,  there can be no  assurance  that  additions to the
allowance for loan losses will not be required in future  periods or that actual
losses will not exceed estimate amounts.

         Non-interest Expense. Total non-interest expenses for the three and six
month period  ended March 31, 2000,  were  $494,000 and  $1,020,000  compared to
$470,00 and $909,000 for same period in 1999. Increases in salaries and employee
benefits for the current year six month period reflects the addition of new loan
personnel  to manage the Bank's  loan  growth and annual  salary  increases  for
current staff members in the first  quarter.  Increases in data  processing  and
service  bureau fees for the current  year three and six month  period  resulted
from increased  volume of deposit  accounts.  and the processing and transaction
costs  associated with such increased volume . Effective  January 2000,  federal
insurance  premiums  assessments  were decreased . Other expense for the current
year six month period  reflects  increased loan servicing and  supervisory  exam
expenses.




                                       11

<PAGE>

Liquidity and Regulatory Capital Compliance

         On March 31, 2000, the Bank was in compliance with its three regulatory
capital requirements as follows:

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

Tangible capital                               $5,023           8.51%
Tangible capital requirement                      885           1.50%
                                                -----           ----
Excess over requirement                        $4,138           7.01%
                                                =====           ====

Core capital                                   $5,023           8.51%
Core capital requirement                        2,360           4.00%
                                                -----           ----
Excess over requirement                        $2,663           4.51%
                                                =====           ====

Risk based capital                             $5,221          13.91%
Risk based capital requirement                  3,003           8.00%
                                                -----          -----
Excess over requirement                        $2,218           5.91%
                                                =====          =====




         The Company anticipates that it will have sufficient funds available to
meet its current  commitments.  As of March 31,  2000,  the Company had mortgage
commitments  to fund loans to  $633,000.  Also,  at March 31,  2000,  there were
commitments  on unused  lines of credit  relating to home  equity  loans of $3.8
million.  Certificates  of  deposit  scheduled  to mature in one year or less at
March 31,2000,  totaled $12.5 million.  Based on historical deposit  withdrawals
and outflows,  and on internal monthly deposit reports  monitored by management,
management  believes  that a majority  of such  deposits  will  remain  with the
Company.

                                       12



<PAGE>

Additional Key Operating Ratios
                                                   At or for Three Months Ended
                                                            March 31,

                                                      2000(1)        1999(1)
                                                   -----------     ----------

Earnings per common share (2):
    Basic                                              $0.33         $0.17
    Diluted                                            $0.33         $0.17
Return on average assets (1)                            0.92%         0.53%
Return on average equity (1)                           10.63%         5.80%
Interest rate spread (1)                                3.83%         3.48%
Net interest margin (1)                                 4.46%         4.07%
Noninterest expense to average assets (1)               3.35%         3.64%
Nonperforming assets to total assets                    0.69%         1.02%
Nonperforming loans to total loans                      1.02%         1.71%

                                                            At  March 31,
                                                        2000          1999
                                                   -----------       -------

Tangible book value per share (3)                     $12.19         $11.25

--------------
(1)      The ratios for the three-month period presented are annualized.
(2)      The average number of shares  outstanding during the three months ended
         March 31,  2000,  was 413,544  basic and 415,233  diluted.  The average
         number of shares  outstanding  during the three months ended, March 31,
         1999, was 411,976 basic and diluted.
(3)      The average number of shares outstanding during the three months  ended
         March 31, 2000 was 425,500.

                                                   At or for Six Months Ended
                                                            March 31,

                                                      2000(1)        1999(1)
                                                   -----------     ----------

Earnings per common share (2):
    Basic                                              $0.57         $0.33
    Diluted                                            $0.56         $0.33
Return on average assets (1)                            0.80%         0.54%
Return on average equity (1)                            9.37%         5.81%
Interest rate spread (1)                                3.80%         3.52%
Net interest margin (1)                                 4.43%         4.10%
Noninterest expense to average assets (1)               3.47%         3.60%
Nonperforming assets to total assets                    0.69%         1.07%
Nonperforming loans to total loans                      1.02%         1.80%

                                                            At March 31,
                                                      2000(1)        1999(1)
                                                   -----------      ----------

Tangible book value per share (3)                     $12.19         $11.25

--------------
(1)      The ratios for the six month period presented are annualized.
(2)      The average  number of shares  outstanding  during the six months ended
         March 31,  2000,  was 413,348  basic and 418,403  diluted.  The average
         number of shares  outstanding  during the six months  ended,  March 31,
         1999, was 411,780 basic and diluted.
(3)      The average number of shares outstanding during the  six  months  ended
         March 31, 2000 was 425,500.

                                       13
<PAGE>

                          ROEBLING FINANCIAL CORP, INC.

                                     Part II


ITEM 1.           LEGAL PROCEEDINGS

                  The Company, from time to time, is a party to ordinary routine
                  litigation,  which  arises in the normal  course of  business,
                  such as claims to enforce liens,  condemnation  proceedings on
                  properties  in which the  Company  holds  security  interests,
                  claims  involving  the making and  servicing of real  property
                  loans  and  other  issues  incident  to  the  business  of the
                  Company. In the opinion of management, the resolution of these
                  lawsuits  would  not have a  material  adverse  effect  on the
                  financial condition or results of operations of the Company.

                  RKA   Corporation.   On  December  20,  1995,  the  plaintiffs
                  commenced this action against RKA Corporation  ("RKA") and the
                  Bank.  Cox v. RKA  Corporation  and Richard  Niel,  Docket No.
                  C-00l64-95,  Superior Court, Chancery Division, Camden County,
                  New Jersey.  In this action,  the plaintiffs  sought to compel
                  RKA to  specifically  perform  under an  existing  real estate
                  contract.  The  principal  of RKA  filed  for  bankruptcy  and
                  plaintiffs  took  judgment  against  him  before the filing of
                  bankruptcy.  The  plaintiff  amended the Complaint on March 8,
                  l996,  to add the  Bank  as a  party  seeking  to  negate  the
                  mortgage  held by the Bank on the subject  property.  On March
                  l9,  l997,  the  court  held in  favor of the  plaintiffs  and
                  imposed a  constructive  lien senior to that held by the Bank.
                  The Bank filed an appeal in the New Jersey Appellate Division,
                  Harry W. Cox v. RKA Corp., et al, Docket No. A-5089-96T1.  The
                  Bank had reserved  $80,000 against the loan in connection with
                  this suit.

                  The case was argued on October l4,  l998,  and on December 24,
                  l998,  in a  split  decision,  the  Appellate  Division  ruled
                  against the Bank.  On February 23, l999,  the Bank charged off
                  the loan in the  amount  of  $74,231  against  the  previously
                  reserved  allowance.  The Bank  filed an  appeal  with the new
                  Jersey Supreme Court on April l5, l999, Docket No. 47,315. The
                  case was argued on October 25, l999,  and the Bank is awaiting
                  a ruling.

ITEM 2.           CHANGES IN SECURITIES

                  Not applicable.

ITEM 3.           DEFAULTS UPON SENIOR SECURITIES

                  Not applicable.

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

                  Not applicable.

ITEM 5.           OTHER MATERIALLY IMPORTANT EVENTS

                  Not applicable.

                                       14
<PAGE>




ITEM 6.     EXHIBITS AND REPORTS ON FORM 8-K
            3.(a)    Exhibits
                     2.1      Agreement and Plan of Reorganization*
                     3.1      Federal Stock Charter *
                     3.2      Bylaws .*
                     4.0      Form of Stock Certificate .*
                     10.1     Supplemental Executive Retirement Plan**.
                     10.2     Directors' Retirement Plan**
                     10.3     Stock Option Plan *
                     10.4     Restricted Stock Plan*
                     27.0     Financial Data Schedule (electronic filing only)

            (b)      Reports on Form 8-K
                            On February 11, 2000, the Company  filed  an  Item 5
Form 8-K,  announcing  the  resignation  of  the  President of the Bank, Kent C.
Lufkin, effective February 25, 2000.

                  -------------------------

                  *        Incorporated  herein by reference to the Form 8-K12g3
                           filed with the Commission on February 1, 2000.

                  **       Incorporated herein by reference the Form 8-K/A filed
                           with the Commission on February 24, 2000.


                                       15

<PAGE>



                          ROEBLING FINANCIAL CORP, INC.

                                   SIGNATURES


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


                               ROEBLING FINANCIAL CORP, INC.


Date:     May 10 ,2000         By: /s/John J. Ferry
                                   ---------------------------------------------
                                   John J. Ferry
                                   Chairman
                                   (Principal Executive Officer)

Date:     May 10 ,2000         By: /s/John Y. Leacott
                                   ---------------------------------------------
                                   John Y. Leacott
                                   Vice President and Chief Financial Officer
                                   (Principal Officer)