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                  December 31, 2001
                               -------------------------------------------------
                                       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 0-29257
                                                -------

                          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 January 31, 2002

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


<PAGE>
                          ROEBLING FINANCIAL CORP, INC.
                                   FORM 10-QSB
                     FOR THE QUARTER ENDED DECEMBER 31, 2001

                                      INDEX

                                                                           Page
                                                                          Number
                                                                          ------

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

Item 1.  Consolidated Financial Statements and Notes Thereto              1 - 5
Item 2.  Management's Discussion and Analysis of Financial
                  Condition and Results of Operations                     6 - 8

PART II - OTHER INFORMATION

Item 1.  Legal Proceedings                                                  9
Item 2.  Changes in Securities                                              9
Item 3.  Defaults upon Senior Securities                                    9
Item 4.  Submission of Matters to a Vote of Security Holders                9
Item 5.  Other Materially Important Events                                  9
Item 6.  Exhibits and Reports on Form 8-K                                   9

SIGNATURES                                                                  10


<PAGE>

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

(In Thousands)

<TABLE>
<CAPTION>
                                                                  December 31, September 30,
                                                                       2001        2001
                                                                     --------    --------
                                                                          (Unaudited)
<S>                                                               <C>         <C>
Assets
Cash and due from banks                                              $  1,701    $  2,816
Interest-bearing deposits                                                 142       6,485
                                                                     --------    --------
     Total cash and cash equivalents                                    1,843       9,301

Certificates of deposit                                                   900         300
Investment securities available for sale                               18,974      12,216
Invesment securities held to maturity                                   5,656       6,273
Loans receivable, net                                                  45,677      43,096
Real estate owned                                                          26          26
Accrued interest receivable                                               417         385
Federal Home Loan Bank of New York stock, at cost                         386         386
Premises and equipment                                                  1,019       1,031
Other assets                                                               51         118
                                                                     --------    --------
     Total assets                                                    $ 74,949    $ 73,132
                                                                     ========    ========
Liabilities and Stockholders' Equity

Liabilities
Deposits                                                             $ 66,065    $ 66,200
Borrowed funds                                                          2,000           -
Advances from borrowers for taxes and insurance                           413         426
Accrued interest payable                                                   29          62
Other liabilities                                                         405         469
                                                                     --------    --------
     Total liabilities                                                 68,912      67,157
                                                                     --------    --------

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                                              1,665       1,663
Unallocated employee stock ownership plan shares                          (90)        (94)
Retained earnings - substantially restricted                            4,402       4,268
Accumulated other comprehensive income - unrealized gain
  on securities available for sale, net of tax                             17          95
                                                                     --------    --------
     Total stockholders' equity                                         6,037       5,975
                                                                     --------    --------

     Total liabilities and stockholders' equity                      $ 74,949    $ 73,132
                                                                     ========    ========
</TABLE>
See notes to unaudited consolidated financial statements.

                                        1
<PAGE>

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

(Unaudited)

(In Thousands)

<TABLE>
<CAPTION>
                                                          For the Three Months Ended
                                                                 December 31,
                                                          --------------------------
                                                               2001       2000
                                                              -------    -------
<S>                                                         <C>        <C>
Interest income:
   Loans receivable                                           $   810    $   838
   Investment securities                                          288        211
   Other interest-earning assets                                   27         44
                                                              -------    -------
        Total interest income                                   1,125      1,093
                                                              -------    -------

Interest expense:
   Deposits                                                       391        432
   Borrowed funds                                                   1          1
                                                              -------    -------
        Total interest expense                                    392        433
                                                              -------    -------

Net interest income before provision for loan losses              733        660
Provision for loan losses                                          24         24
                                                              -------    -------
        Net interest income after provision for loan losses       709        636
                                                              -------    -------

Non-interest income:
   Loan fees and late charges                                      14         16
   Account servicing and other                                     94         79
                                                              -------    -------
        Total non-interest income                                 108         95
                                                              -------    -------

Non-interest expense:
   Compensation and benefits                                      313        302
   Occupany and equipment                                          56         50
   Service bureau and data processing                              90         75
   Federal insurance premiums                                       3          3
   Other expense                                                  134        130
                                                              -------    -------
        Total non-interest expense                                596        560
                                                              -------    -------

        Income before provision for income taxes                  221        171
Provision for income taxes                                         87         67
                                                              -------    -------
        Net income                                                134        104

Other comprehensive income, net of tax:
   Unrealized (loss) gain on
     securities available for sale, net of tax                    (78)         4
                                                              -------    -------
Comprehensive income                                          $    56    $   108
                                                              =======    =======

Earnings per common share:
  Basic                                                       $  0.32    $  0.25
  Diluted                                                     $  0.32    $  0.25

Weighted average number of shares outstanding:
  Basic                                                           416        415
  Diluted                                                         418        416
</TABLE>

See notes to unaudited consolidated financial statements

                                        2
<PAGE>

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

(Unaudited)

(In Thousands)

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

<S>                                 <C>      <C>              <C>          <C>             <C>        <C>
Balance at September 30, 2001         $43      $1,663           ($94)        $4,268          $95        $5,975

Net income for the three months
  ended December 31, 2001               -           -              -            134            -           134

Change in unrealized gain (loss)
  on securities available for sale,
  net of income taxes                   -           -              -              -          (78)          (78)

Amortization of ESOP shares             -           2              4              -            -             6
                                      ---      ------           ----         ------          ---        ------
Balance at December 31, 2001          $43      $1,665           ($90)        $4,402          $17        $6,037
                                      ===      ======           ====         ======          ===        ======
</TABLE>

See notes to unaudited consolidated financial statements.


                                        3
<PAGE>

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

(Unaudited)

(In Thousands)

<TABLE>
<CAPTION>
                                                                         For the Three Months Ended
                                                                                 December 31,
                                                                         --------------------------
                                                                                2001       2000
                                                                             -------    -------
<S>                                                                        <C>        <C>
Cash flows from operating activities:
   Net income                                                                $   134    $   104
   Adjustments to reconcile net income to cash provided by
     operating activities:
         Depreciation                                                             19         18
         Amortization of premiums and discounts, net                              14          4
         Amortization of deferred loan fees and costs, net                         7          7
         Provision for loan losses                                                24         24
         Decrease  in other assets                                                67         74
         Increase in accrued interest receivable                                 (32)       (48)
         (Decrease) increase in accrued interest payable                         (33)         6
         Decrease in other liabilities                                           (18)      (238)
         Amortization of ESOP shares                                               6          5
                                                                             -------    -------
                   Net cash provided by (used in) operating activities           188        (44)
                                                                             -------    -------

Cash flows from investing activities:
    Purchase of certificates of deposit                                         (600)         -
    Purchase of securities available for sale                                 (8,953)         -
    Proceeds from payments and maturities of securities available for sale     2,060          -
    Proceeds from payments and maturities of securities held to maturity         615        487
    Loan originations, net of principal repayments                            (2,712)    (1,214)
    Proceeds from sale of loans                                                  100          -
    Additions to real estate owned                                                 -         (7)
    Purchase of premises and equipment                                            (8)        (7)
                                                                             -------    -------
                   Net cash used in investing activities                      (9,498)      (741)
                                                                             -------    -------

Cash flows from financing activities:
    Net decrease in deposits                                                    (135)      (449)
    Net increase in short-term borrowed funds                                  2,000          -
    Decrease in advance payments by borrowers for taxes
       and insurance                                                             (13)       (17)
                                                                             -------    -------
                   Net cash provided by (used in) financing activities         1,852       (466)
                                                                             -------    -------

    Net decrease in cash and cash equivalents                                 (7,458)    (1,251)
    Cash and cash equivalents at beginning of period                           9,301      3,573
                                                                             -------    -------
    Cash and cash equivalents at end of period                               $ 1,843    $ 2,322
                                                                             =======    =======

Supplemental Disclosures of Cash Flow Information:
    Cash paid for:
        Interest on deposits and borrowed funds                                  425        427
        Income taxes                                                              23        227
</TABLE>

See notes to unaudited consolidated financial statements.

                                        4
<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.

The results of operations  for the three months ended December 31, 2001, are not
necessarily  indicative  of the  results  to be  expected  for the  year  ending
September  30,  2002,  or  any  other  future  interim  period.   The  unaudited
consolidated   financial   statements  and  notes  thereto  should  be  read  in
conjunction with the audited financial statements and notes thereto for the year
ended September 30, 2001 included in the Company's Annual Report on form 10-KSB.

                                       5
<PAGE>

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


General

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

         The Company's business is conducted  primarily through its wholly-owned
subsidiary,  Roebling  Bank ("the  Bank").  All  references to the Company refer
collectively to the Company and the Bank.

Overview

         For the three months ended December 31, 2001, the Company  reported net
income of  $134,000,  or $.32 per  diluted  share,  from  $104,000,  or $.25 per
diluted share, for the same period in 2000.

Changes in Financial Condition

         Total assets increased by $1.8 million to $74.9 million at December 31,
2001,  from $73.1  million at  September  30,  2001.  Cash and cash  equivalents
decreased  by $7.5  million,  from $9.3  million at  September  30, 2001 to $1.8
million at December  31,  2001.  The cash funds were  reinvested  in  investment
securities and loans  receivable.  At December 31, 2001,  investment  securities
available for sale increased $6.8 million and loans receivable,  net,  increased
$2.6 million. Within the loan portfolio,  the majority of the change came from a
$1.8 million increase in the one-to-four family residential loan portfolio. This
was the result of a strong refinance market in a low interest rate  environment.
Additional  funding for the  increases  in the  investment  securities  and loan
receivable,  net,  portfolios  was  provided  by  short-term  borrowings,  which
increased to $2.0 million at December 31, 2001.

Results of Operations

         Net Interest Income.  For the three-months ended December 31, 2001, the
Company  reported  net  interest  income  before  provision  for loan  losses of
$733,000, which represents an increase of $73,000 or 11% over the same period in
2000. The increase in net interest income was the result of an increase in total
interest  income of $32,000 and a decrease  in  interest  expense on deposits of
$41,000.  The interest rate spread  decreased  slightly,  to 3.82% for the three
months ended  December  31, 2001 from 3.98% for the three months ended  December
31, 2000.

         The  average  balance  of total  interest-earning  assets for the three
months ended December 31, 2001 increased by $12.6 million  compared to the three
months ended December 31, 2000,  while the average yield decreased to 6.53% from
7.74%.  The  increase in total  interest  income of $32,000 for the three months
ended December 31, 2001 is comprised of a decrease in interest income of $28,000
on loans  receivable,  offset by an increase  in  interest  income of $60,000 on
investment  securities  and other  interest-earning  assets.  While average loan
receivable  balances  increased  by $2.8  million  for the  three  months  ended
December 31, 2001,  the average yield  declined to 7.43% from 8.16% for the same
2000 period.  Additionally,  for the three months ended  December 31, 2001,  the
average  balance  of  investment  securities  increased  by $9.0  million.  Such
increase was offset by a decline in the average yield,  which fell to 5.15% from
6.37% for the same 2000 period.

                                       6
<PAGE>

         Average interest-bearing  liability balances increased by $11.6 million
for the three months ended  December 31, 2001 compared to the three months ended
December 31, 2000. The cost of interest-bearing  liabilities  decreased to 2.71%
for the  three-month  period ended December 31, 2001,  compared to 3.76% for the
same period of 2000.

         Provision  for Loan Losses.  The  provision for loan losses was $24,000
for the  three-month  periods  ended  December  31,  2001 and  2000.  Management
continually  monitors and adjusts the  allowance  for loan losses based upon its
analysis of the loan  portfolio.  This analysis  includes an 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 estimated amounts.

         Non-interest Income.  Non-interest income increased $13,000, or 14%, to
$108,000 for the three months ended  December 31, 2001,  compared to $95,000 for
same period in 2000, primarily due to increases in fees related to ATM and debit
card transactions and increased demand deposit accounts.

         Non-interest  Expense.  Total non-interest  expense for the three-month
period ended December 31, 2001 increased $36,000 to $596,000,  from $560,000 for
the same period in 2000. The most significant increases were in compensation and
benefits  and service  bureau and data  processing  expenses.  Compensation  and
benefits  increased  $11,000,  primarily  due to an increase  in benefit  costs.
Service bureau and data processing expenses increased $15,000 due to an increase
in overall data and check  processing  costs  related to the increase in deposit
account balances.

                                       7
<PAGE>

Liquidity and Regulatory Capital Compliance

         On  December  31,  2001,  the Bank  was in  compliance  with its  three
regulatory capital requirements as follows:

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

Tangible capital                                   $5,870           7.72%
Tangible capital requirement                        1,141           1.50%
                                                   ------           ----
Excess over requirement                            $4,729           6.22%
                                                   ======           ====

Core capital                                       $5,870           7.72%
Core capital requirement                            3,044           4.00%
                                                   ------           ----
Excess over requirement                            $2,826           3.72%
                                                   ======           ====

Risk based capital                                 $6,209          14.23%
Risk based capital requirement                      3,490           8.00%
                                                   ------           ----
Excess over requirement                            $2,719           6.23%
                                                   ======           ====


         The Company anticipates that it will have sufficient funds available to
meet its current commitments.  As of December 31, 2001, the Bank had outstanding
commitments  to fund loans of $3.5  million.  At December 31,  2001,  there were
commitments on unused lines of credit of $5.3 million.  Certificates  of deposit
scheduled to mature in one year or less as of December 31, 2001,  totaled  $18.8
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.

Additional Key Operating Ratios

                                            At or for the Three Months
                                                Ended December 31,
                                               2001(1)       2000(1)
                                               -------       -------

Earnings per common share (2):
    Basic                                       $0.32         $0.25
    Diluted                                     $0.32         $0.25
Return on average assets (1)                      .73%          .69%
Return on average equity (1)                     8.92%         7.49%
Interest rate spread (1)                         3.82%         3.98%
Net interest margin (1)                          4.29%         4.67%
Non-interest expense to average assets (1)       3.22%         3.75%
Non-performing assets to total assets             .23%          .42%
Non-performing loans to total loans               .33%          .48%

                                                   At December 31,
                                                 2001          2000
                                                 ----          ----

Book value per share (3)                       $14.19        $13.16

----------------
(1)  The ratios for the three-month periods presented are annualized.
(2)  The average  number of shares  outstanding  during the three  months  ended
     December  31,  2001,  was 416,092  basic and 417,605  diluted.  The average
     number of shares  outstanding  during the three months  ended  December 31,
     2000, was 414,524 basic and 416,024 diluted.
(3)  There were 425,500 shares  outstanding as of December 31, 2001 and December
     31, 2000.

                                       8
<PAGE>
                          ROEBLING FINANCIAL CORP, INC.

                                     Part II


ITEM 1.           LEGAL PROCEEDINGS

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

ITEM 2.           CHANGES IN SECURITIES

                  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.

ITEM 6.           EXHIBITS AND REPORTS ON FORM 8-K

                  3(a)     List of Exhibits:

                           3.1      Federal Stock Charter*
                           3.2      Bylaws*
                           4.0      Form of Stock Certificate*
                          10.2      Directors' Retirement Plan**
                          10.3      Stock Option Plan*
                          10.4      Restricted Stock Plan*

------------------
*    Incorporated  herein  by  reference  to the  Form  8-K12G3  filed  with the
     Commission on February 1, 2000.
**   Incorporated  herein  by  reference  to  the  Form  8-K/A  filed  with  the
     Commission on February 24, 2000.

                                       9

<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:  January 31, 2002           By: /s/Robert P. Hawkins, Jr.
                                      ------------------------------------------
                                      Robert P. Hawkins, Jr.
                                      President  and Chief Executive Officer
                                      (Principal Executive Officer)

Date:  January 31, 2002           By: /s/John Y. Leacott
                                      ------------------------------------------
                                      John Y. Leacott
                                      Vice President and Chief Financial Officer
                                      (Principal Accounting Officer)


                                       10