UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB

(Mark One)

[X]      QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
           EXCHANGE ACT OF 1934

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

                                       OR

[  ]     TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from ____________ to _______________

Commission File Number:                      0-27916
                         ---------------------------

                            FFD FINANCIAL CORPORATION
---------------------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

             Ohio                                       34-1921148
-------------------------------                -----------------------------
(State or other jurisdiction of               (IRS Employer Identification No.)
incorporation or organization)

                   321 North Wooster Avenue, Dover, Ohio 44622
---------------------------------------------------------------------------
                    (Address of principal executive offices)

                                 (330) 364-7777
---------------------------------------------------------------------------
                           (Issuer's telephone number)

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

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the issuer filed all documents and reports required to be filed by
Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
under a plan confirmed by a court.

Yes [    ]                 No  [    ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity,  as of the latest  practicable  date: May 10, 2000 - 1,412,283 shares of
common stock, no par value

Transitional Small Business Disclosure Format (Check one):  Yes [  ]     No [X]




                               Page 1 of 16 pages

<PAGE>



                                      INDEX

                                                                           Page

PART I   -  FINANCIAL INFORMATION

            Consolidated Statements of Financial Condition                   3

            Consolidated Statements of Earnings                              4

            Consolidated Statements of Comprehensive Income                  5

            Consolidated Statements of Cash Flows                            6

            Notes to Consolidated Financial Statements                       8

            Management's Discussion and Analysis of
            Financial Condition and Results of
            Operations                                                      10


PART II  -  OTHER INFORMATION                                               15

SIGNATURES                                                                  16




























                                        2



<PAGE>


                            FFD Financial Corporation
<TABLE>
<CAPTION>

                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

                        (In thousands, except share data)

                                                                                          March 31,            June 30,
         ASSETS                                                                                2000                1999
<S>                                                                                            <C>                 <C>
Cash and due from banks                                                                    $  1,176            $    844
Interest-bearing deposits in other financial institutions                                     2,122               2,167
                                                                                            -------             -------
         Cash and cash equivalents                                                            3,298               3,011

Investment securities available for sale - at market                                          2,877               2,924
Mortgage-backed securities available for sale - at market                                     9,442              10,978
Mortgage-backed securities held to maturity - at amortized cost,
  approximate market value of $4,360 and $4,907 as of
  March 31, 2000 and June 30, 1999                                                            4,309               4,779
Loans receivable - net                                                                      100,383              86,417
Loans held for sale                                                                             831                 965
Office premises and equipment - at depreciated cost                                           1,280               1,364
Federal Home Loan Bank stock - at cost                                                        1,630               1,201
Accrued interest receivable                                                                     417                 329
Prepaid expenses and other assets                                                               164                 209
Prepaid federal income taxes                                                                     62                 116
                                                                                            -------             -------

         Total assets                                                                      $124,693            $112,293
                                                                                            =======             =======

         LIABILITIES AND SHAREHOLDER' EQUITY

Deposits                                                                                   $ 77,254            $ 72,025
Advances from the Federal Home Loan Bank                                                     30,528              23,616
Securities sold under agreements to repurchase                                                  287                  -
Accrued interest payable                                                                        183                 146
Other liabilities                                                                               252                 250
Deferred federal income taxes                                                                    44                  52
                                                                                            -------             -------
         Total liabilities                                                                  108,548              96,089

Shareholders' equity
  Preferred stock - authorized 1,000,000 shares without par
    value; no shares issued                                                                      -                   -
  Common shares - authorized 5,000,000 shares without par or
    stated value, 1,454,750 shares issued                                                        -                   -
  Additional paid-in capital                                                                  7,862               7,798
  Retained earnings - restricted                                                             10,116               9,850
  Accumulated comprehensive losses, unrealized losses
    on securities designated as available for sale,
    net of related tax effects                                                                 (293)               (216)
  Shares acquired by stock benefit plans                                                     (1,029)             (1,207)
  Less 42,467 and 1,334 shares of treasury stock - at cost                                     (511)                (21)
                                                                                            -------             -------
         Total shareholders' equity                                                          16,145              16,204
                                                                                            -------             -------

         Total liabilities and shareholders' equity                                        $124,693            $112,293
                                                                                            =======             =======
</TABLE>




                                        3


<PAGE>


                            FFD Financial Corporation
<TABLE>
<CAPTION>

                       CONSOLIDATED STATEMENTS OF EARNINGS

                      (In thousands, except per share data)

                                                                         For the nine months         For the three months
                                                                           ended March 31,              ended March 31,
                                                                         2000         1999            2000         1999
<S>                                                                      <C>          <C>            <C>            <C>
Interest income
  Loans                                                                $5,119       $4,090          $1,814       $1,413
  Mortgage-backed securities                                              706          809             230          292
  Investment securities, interest-bearing deposits and other              252          192              89           64
                                                                        -----        -----           -----        -----
         Total interest income                                          6,077        5,091           2,133        1,769

Interest expense
  Deposits                                                              2,321        2,237             793          730
  Borrowings                                                            1,128          678             439          287
                                                                        -----        -----           -----        -----
         Total interest expense                                         3,449        2,915           1,232        1,017
                                                                        -----        -----           -----        -----

         Net interest income before provision
           for losses on loans                                          2,628        2,176             901          752

Provision for losses on loans                                              82           -               51           -
                                                                        -----        -----           -----        -----

         Net interest income after provision
           for losses on loans                                          2,546        2,176             850          752

Other income
  Gain on sale of loans                                                    19           89              13           21
  Other operating                                                         101           86              31           37
                                                                        -----        -----           -----        -----
         Total other income                                               120          175              44           58

General, administrative and other expense
  Employee compensation and benefits                                      804          855             260          278
  Occupancy and equipment                                                 171          177              56           62
  Federal deposit insurance premiums                                       22           28               4           10
  Franchise taxes                                                         200          198              63           64
  Data processing                                                         138          139              50           51
  Other operating                                                         389          349             130          107
                                                                        -----        -----           -----        -----
         Total general, administrative and other expense                1,724        1,746             563          572
                                                                        -----        -----           -----        -----

         Earnings before income taxes                                     942          605             331          238

Federal income taxes
  Current                                                                 280           79              78           91
  Deferred                                                                 32          123              30          (10)
                                                                        -----        -----           -----        -----
         Total federal income taxes                                       312          202             108           81
                                                                        -----        -----           -----        -----

         NET EARNINGS                                                  $  630       $  403          $  223       $  157
                                                                        =====        =====           =====        =====

         EARNINGS PER SHARE
           Basic                                                         $.47         $.30            $.17         $.12
                                                                          ===          ===             ===          ===

           Diluted                                                       $.46         $.29            $.16         $.11
                                                                          ===          ===             ===          ===
</TABLE>


                                        4


<PAGE>


                            FFD Financial Corporation
<TABLE>
<CAPTION>

                 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

                                 (In thousands)


                                                                      For the nine months           For the three months
                                                                         ended March 31,               ended March 31,
                                                                     2000           1999            2000           1999
<S>                                                                   <C>            <C>            <C>            <C>
Net earnings                                                        $ 630           $403           $ 223           $157

Other comprehensive income, net of tax:
  Unrealized holding losses on securities
    during the period, net of tax of $(40),
    $(35), $(7) and $(64) for the respective
    periods                                                           (77)           (67)            (14)          (125)
                                                                     ----            ---            ----            ---

Comprehensive income                                                $ 553           $336           $ 209           $ 32
                                                                     ====            ===            ====            ===

Accumulated comprehensive income (loss)                             $(293)          $ 73           $(293)          $ 73
                                                                     ====            ===            ====            ===

</TABLE>






























                                        5



<PAGE>


                            FFD Financial Corporation
<TABLE>
<CAPTION>

                      CONSOLIDATED STATEMENTS OF CASH FLOWS

                       For the nine months ended March 31,
                                 (In thousands)

                                                                                                 2000              1999
<S>                                                                                             <C>                 <C>
Cash flows from operating activities:
  Net earnings for the period                                                                 $   630           $   403
  Adjustments to reconcile net earnings to net cash
  provided by (used in) operating activities:
    Amortization of discounts and premiums on loans,
      investments and mortgage-backed securities - net                                             38                28
    Amortization of deferred loan origination fees                                                (25)              (61)
    Depreciation and amortization                                                                  97                96
    Provision for losses on loans                                                                  82                -
    Amortization expense of stock benefit plans                                                   255               394
    Gain on sale of loans                                                                          (4)              (38)
    Proceeds from sale of loans                                                                 1,846             6,361
    Loans originated for sale in the secondary market                                          (1,708)           (6,323)
    Federal Home Loan Bank stock dividends                                                        (74)              (54)
    Increase (decrease) in cash due to changes in:
      Accrued interest receivable                                                                 (88)              (32)
      Prepaid expenses and other assets                                                            45                15
      Accrued interest payable                                                                     37                49
      Other liabilities                                                                             2               296
      Federal income taxes
        Current                                                                                    54              (349)
        Deferred                                                                                   32               123
                                                                                               ------            ------
         Net cash provided by operating activities                                              1,219               908

Cash flows provided by (used in) investing activities:
  Proceeds from maturity of investment securities                                                  -              4,975
  Purchase of investment securities                                                                -             (1,500)
  Purchase of mortgage-backed securities                                                           -            (11,633)
  Principal repayments on mortgage-backed securities                                            1,898             4,441
  Purchase of Federal Home Loan Bank stock                                                       (355)             (184)
  Loan principal repayments                                                                     6,564            10,893
  Loan disbursements                                                                          (20,587)          (21,812)
  Purchase of office premises and equipment                                                       (13)              (96)
                                                                                               ------            ------
         Net cash used in investing activities                                                (12,493)          (14,916)
                                                                                               ------            ------

         Net cash used in operating and investing
           activities (subtotal carried forward)                                              (11,274)          (14,008)
                                                                                               ------            ------

</TABLE>






                                        6


<PAGE>


                            FFD Financial Corporation
<TABLE>
<CAPTION>

                CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)

                       For the nine months ended March 31,
                                 (In thousands)

                                                                                                 2000              1999
<S>                                                                                             <C>                <C>
         Net cash used in operating and investing
           activities (subtotal brought forward)                                             $(11,274)         $(14,008)

Cash flows provided by (used in) financing activities:
  Net increase in deposit accounts                                                              5,229             7,429
  Proceeds from securities sold under agreements to repurchase                                    287               724
  Proceeds from Federal Home Loan Bank advances                                                37,618            10,500
  Repayment of Federal Home Loan Bank advances                                                (30,706)               (8)
  Proceeds from other borrowed money                                                               -                300
  Repayment of other borrowed money                                                                -               (300)
  Proceeds from exercise of stock options                                                          26                32
  Purchase of treasury shares                                                                    (529)               -
  Dividends on common shares                                                                     (364)             (294)
                                                                                              -------           -------
         Net cash provided by financing activities                                             11,561            18,383
                                                                                              -------           -------

Net increase in cash and cash equivalents                                                         287             4,375

Cash and cash equivalents at beginning of period                                                3,011             1,633
                                                                                              -------           -------

Cash and cash equivalents at end of period                                                   $  3,298          $  6,008
                                                                                              =======           =======


Supplemental  disclosure of cash flow  information:
  Cash paid during the period for:
    Federal income taxes                                                                     $    294          $    434
                                                                                              =======           =======

    Interest on deposits and borrowings                                                      $  3,412          $  2,866
                                                                                              =======           =======

Supplemental disclosure of noncash investing activities:
  Unrealized losses on securities designated as available for
    sale, net of related tax effects                                                         $    (77)         $    (67)
                                                                                              =======           =======

  Recognition of mortgage servicing rights in accordance with
    SFAS No. 125                                                                             $     15          $     51
                                                                                              =======           =======
</TABLE>










                                        7



<PAGE>


                            FFD Financial Corporation

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

           For the nine and three months ended March 31, 2000 and 1999


    1.   Basis of Presentation

    The accompanying  unaudited  consolidated financial statements were prepared
    in  accordance  with  instructions  for Form 10-QSB and,  therefore,  do not
    include  information or footnotes  necessary for a complete  presentation of
    financial position,  results of operations and cash flows in conformity with
    generally  accepted  accounting  principles.  Accordingly,  these  financial
    statements  should be read in conjunction  with the  consolidated  financial
    statements   and  notes   thereto   of  FFD   Financial   Corporation   (the
    "Corporation")  included  in the Annual  Report on Form  10-KSB for the year
    ended June 30, 1999. However, in the opinion of management,  all adjustments
    (consisting  of only normal  recurring  accruals)  which are necessary for a
    fair  presentation  of the  financial  statements  have been  included.  The
    results of  operations  for the three and nine month periods ended March 31,
    2000,  are not  necessarily  indicative of the results which may be expected
    for the entire fiscal year.

    2.   Principles of Consolidation

    The accompanying  consolidated  financial statements include the accounts of
    the  Corporation and First Federal Savings Bank of Dover (the "Savings Bank"
    or  "First  Federal").   All  significant   intercompany   items  have  been
    eliminated.

    3.   Effects of Recent Accounting Pronouncements

    In June 1998, the Financial  Accounting  Standards Board (the "FASB") issued
    Statement of Financial  Accounting  Standards ("SFAS") No. 133,  "Accounting
    for Derivative  Instruments and Hedging Activities," which requires entities
    to recognize all derivatives in their financial  statements as either assets
    or  liabilities  measured at fair  value.  SFAS No. 133 also  specifies  new
    methods of accounting  for hedging  transactions,  prescribes  the items and
    transactions that may be hedged,  and specifies  detailed criteria to be met
    to qualify for hedge accounting.

    The  definition  of a derivative  financial  instrument  is complex,  but in
    general,  it is an  instrument  with  one or  more  underlyings,  such as an
    interest  rate or  foreign  exchange  rate,  that is  applied  to a notional
    amount,  such  as  an  amount  of  currency,  to  determine  the  settlement
    amount(s).  It generally requires no significant  initial investment and can
    be settled  net or by delivery  of an asset that is readily  convertible  to
    cash.  SFAS No. 133  applies to  derivatives  embedded  in other  contracts,
    unless the  underlying  of the  embedded  derivative  is clearly and closely
    related to the host contract.










                                        8



<PAGE>


                            FFD Financial Corporation

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

           For the nine and three months ended March 31, 2000 and 1998


    3.   Effects of Recent Accounting Pronouncements (continued)

    SFAS No.  133, as amended by SFAS No. 137,  is  effective  for fiscal  years
    beginning  after June 15,  2000.  On  adoption,  entities  are  permitted to
    transfer  held-to-maturity  debt  securities  to the  available-for-sale  or
    trading  category  without  calling into question their intent to hold other
    debt  securities to maturity in the future.  SFAS No. 133 is not expected to
    have a material impact on the Corporation's financial statements.

    4.  Earnings Per Share

    Basic earnings per share is computed based upon the weighted-average  common
    shares  outstanding  during  the  period  less  shares in the FFD  Financial
    Corporation  Employee Stock Ownership Plan (the "ESOP") that are unallocated
    and not  committed to be released.  Weighted-average  common  shares  deemed
    outstanding,  which gives effect to 72,567 unallocated ESOP shares,  totaled
    1,345,170 and 1,339,656 for the nine and three month periods ended March 31,
    2000, respectively. Weighted-average common shares deemed outstanding, which
    gives  effect to 85,744  unallocated  ESOP  shares,  totaled  1,352,195  and
    1,363,006  for the nine and  three  month  periods  ended  March  31,  1999,
    respectively.

    Diluted  earnings  per share is computed  taking into  consideration  common
    shares  outstanding and dilutive  potential common shares to be issued under
    the Corporation's stock option plan.  Weighted-average  common shares deemed
    outstanding  for purposes of computing  diluted  earnings per share  totaled
    1,365,694 and 1,350,249 for the nine and three month periods ended March 31,
    2000, respectively, and 1,395,392 and 1,394,389 for the nine and three month
    periods ended March 31, 1999,  respectively.  Incremental  shares related to
    the assumed exercise of stock options included in the computation of diluted
    earnings  per share  totaled  20,524 and 10,593 for the nine and three month
    periods  ended March 31, 2000,  respectively,  and 43,197 and 31,383 for the
    nine and three month periods ended March 31, 1999, respectively.

    Options  to  purchase  25,507  and  18,635  shares  of common  stock  with a
    respective   weighted-average   exercise  price  of  $9.14  and  $9.28  were
    outstanding  at March 31, 2000 but were  excluded  from the  computation  of
    common  share  equivalents  during the three and nine months ended March 31,
    2000,  respectively,  because  their  exercise  prices were greater than the
    average market price of the common shares.












                                        9



<PAGE>


                            FFD Financial Corporation

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                            AND RESULTS OF OPERATIONS


Discussion of Financial Condition Changes from June 30, 1999 to March 31, 2000

The Corporation's  total assets at March 31, 2000, amounted to $124.7 million, a
$12.4 million, or 11.0%, increase over the total at June 30, 1999. This increase
was funded primarily  through an increase in advances from the Federal Home Loan
Bank ("FHLB") of $6.9 million and growth in deposits of $5.2 million.

Cash and cash  equivalents  and  investment  securities  totaled $6.2 million at
March 31,  2000,  an increase of $240,000,  or 4.0%,  over the total at June 30,
1999.

Mortgage-backed  securities  totaled  $13.8  million at March 31,  2000,  a $2.0
million,  or 12.7%,  decrease  from the total at June 30,  1999.  This  decrease
resulted primarily from principal repayments.

Loans receivable, including loans held for sale, totaled $101.2 million at March
31, 2000, an increase of $13.8 million,  or 15.8%, over the June 30, 1999 total.
Loan disbursements during the period totaled $22.3 million, which were partially
offset by principal  repayments  of $6.6 million and loans sold in the secondary
market totaling $1.8 million. Loans secured by nonresidential real estate, which
amounted to $27.6  million at March 31, 2000 and $18.7 million at June 30, 1999,
accounted  for most of the  growth in the loan  portfolio.  Nonresidential  real
estate  lending is generally  considered to involve a higher degree of risk than
residential  real estate lending due to the  relatively  larger loan amounts and
the  effects of general  economic  conditions  on the  successful  operation  of
income-producing properties. The Savings Bank has endeavored to reduce such risk
by evaluating  the credit  history and past  performance  of the  borrower,  the
location of the real  estate,  the quality of the  management  constructing  and
operating the property,  the debt service ratio, the quality and characteristics
of the income stream  generated by the property and  appraisals  supporting  the
property's valuation.

The  allowance for loan losses  totaled  $351,000 and $269,000 at March 31, 2000
and June 30, 1999, which represented .35% and .30% of total loans and 172.9% and
1,793.3% of nonperforming  loans at those respective dates.  Nonperforming loans
amounted  to  $203,000  and  $15,000  at March  31,  2000,  and  June 30,  1999,
respectively. Although management believes that its allowance for loan losses at
March 31, 2000, is adequate  based upon the available  facts and  circumstances,
there can be no assurance that additions to such allowance will not be necessary
in future periods,  which could adversely  affect the  Corporation's  results of
operations.

Deposits  totaled  $77.3  million at March 31,  2000, a $5.2  million,  or 7.3%,
increase  over total  deposits at June 30, 1999.  FHLB  advances  totaled  $30.5
million at March 31,  2000, a $6.9  million,  or 29.3%,  increase  over June 30,
1999.  Proceeds from the increase in deposits and borrowings were primarily used
to fund loan originations.

The Savings Bank is required to meet minimum  capital  standards  promulgated by
the Office of Thrift Supervision  ("OTS"). At March 31, 2000, the Savings Bank's
regulatory capital was well in excess of such minimum capital requirements.



                                       10



<PAGE>


                            FFD Financial Corporation

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Comparison of Operating  Results for the Nine Month Periods Ended March 31, 2000
and 1999

General

The  Corporation's net earnings totaled $630,000 for the nine months ended March
31, 2000, an increase of $227,000,  or 56.3%,  over the net earnings of $403,000
recorded in the comparable period in 1999. The increase in net earnings resulted
primarily from an increase of $452,000 in net interest  income and a decrease of
$22,000 in  general,  administrative  and other  expense,  which were  partially
offset by a decrease of $55,000 in other  income,  an increase of $82,000 in the
provision for losses on loans,  and an increase of $110,000 in the provision for
federal income taxes.

Net Interest Income

Total  interest  income  increased  by  $986,000,  or 19.4%,  to a total of $6.1
million for the nine months  ended  March 31,  2000,  compared to the nine month
period ended March 31, 1999. Interest income on loans increased by $1.0 million,
or 25.2%, due primarily to an increase of approximately $18.0 million, or 23.7%,
in  the  average  loan  portfolio  balance   outstanding.   Interest  income  on
mortgage-backed  securities decreased by $103,000,  or 12.7%, due primarily to a
$2.2 million, or 13.2%,  decline in the  weighted-average  balance  outstanding.
Interest income on investment securities and interest-bearing deposits increased
by $60,000,  or 31.3%,  due  primarily to a $405,000,  or 7.0%,  increase in the
weighted-average  balance outstanding coupled with a 100 basis point increase in
the yield earned on such investments.

Interest expense on deposits increased by $84,000,  or 3.8%, for the nine months
ended March 31, 2000,  compared to the same period in 1999,  due primarily to an
approximate by $7.6 million, or 11.5%, increase in the average deposit portfolio
balance outstanding,  which was partially offset by a 32 basis point decrease in
the average cost of deposits,  to 4.20% in the fiscal 2000 period.  The decrease
in the average cost of deposits  resulted as growth in the deposit portfolio was
concentrated in lower yielding transaction accounts.

Interest expense on borrowings increased by $450,000, or 66.4%, due primarily to
an increase in the average balance of advances outstanding of approximately $9.1
million,  or 48.1%,  coupled with a 58 basis point  increase in the cost of such
funds year to year.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest income  increased by $452,000,  or 20.8%, for the nine months ended
March 31, 2000,  compared to the same period in 1999.  The interest  rate spread
amounted to approximately  2.52% for the nine month period ended March 31, 2000,
compared  to 2.29%  for the 1999  period,  while  the net  interest  margin  was
approximately  3.04% and 2.94% for the nine month  periods  ended March 31, 2000
and 1999, respectively.







                                       11



<PAGE>


                            FFD Financial Corporation

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Comparison of Operating  Results for the Nine Month Periods Ended March 31, 2000
and 1999 (continued)

Provision for Losses on Loans

A  provision  for  losses on loans is  charged  to  earnings  to bring the total
allowance for loan losses to a level considered  appropriate by management based
on historical loss experience,  the volume and type of lending  conducted by the
Savings Bank,  the status of past due principal and interest  payments,  general
economic  conditions,  particularly  as such  conditions  relate to the  Savings
Bank's market area,  and other factors  related to the  collectibility  of First
Federal's loan portfolio.  As a result of such analysis,  management  elected to
record a provision for losses on loans  totaling  $82,000  during the nine month
period  ended  March 31,  2000.  The current  period  provision  was  predicated
primarily upon growth in the portfolio of loans secured by non-residential  real
estate.  There can be no assurance  that the loan loss  allowance of the Savings
Bank will be adequate to cover losses on nonperforming assets in the future.

Other Income

Other  income  totaled  $120,000  for the nine months  ended March 31,  2000,  a
decrease  of $55,000,  or 31.4%,  from the 1999  period.  The  decrease  was due
primarily  to a $70,000  decline  in gain on sale of loans  due to a decline  in
sales volume,  which was partially  offset by a $15,000,  or 17.4%,  increase in
other operating income.

General, Administrative and Other Expense

General,  administrative  and other  expense  totaled  $1.7 million for the nine
months  ended March 31, 2000,  a decrease of $22,000,  or 1.3%,  compared to the
same period in 1999. The decrease in general,  administrative  and other expense
resulted primarily from a $51,000,  or 6.0%,  decrease in employee  compensation
and benefits, which was partially offset by an increase of $40,000, or 11.5%, in
other operating  expenses.  The decrease in employee  compensation  and benefits
resulted  primarily from a decrease in costs related to stock benefit plans, due
to  fluctuations  in the  fair  value  of the  Corporation's  stock,  which  was
partially offset by hiring additional  personnel and normal merit increases year
to year.  The increase in other  operating  expense was  comprised  primarily of
increases in ATM charges and  pro-rata  increases  in other  operating  expenses
related to the Corporation's overall growth year to year.

Federal Income Taxes

The Corporation  recorded a provision for federal income taxes totaling $312,000
for the nine months  ended March 31, 2000,  an increase of  $110,000,  or 54.5%,
over the same period in 1999. The increase  resulted  primarily from a $337,000,
or 55.7%,  increase in earnings before taxes. The effective tax rates were 33.1%
and 33.4% for the nine months ended March 31, 2000 and 1999, respectively.




                                       12


<PAGE>


                            FFD Financial Corporation

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Comparison of Operating Results for the Three Month Periods Ended March 31, 2000
and 1999

General

The Corporation's net earnings totaled $223,000 for the three months ended March
31, 2000,  an increase of $66,000,  or 42.0%,  over the net earnings of $157,000
recorded in the comparable period in 1999. The increase in net earnings resulted
primarily from an increase of $149,000 in net interest  income and a decrease of
$9,000 in general,  administrative  and other  expense,  which were offset by an
increase of $51,000 in the provision for losses on loans,  a decrease of $14,000
in other income and an increase of $27,000 in the provision  for federal  income
taxes.

Net Interest Income

Total  interest  income  increased  by  $364,000,  or 20.6%,  to a total of $2.1
million for the three months  ended March 31, 2000,  compared to the three month
period ended March 31, 2000. Interest income on loans increased by $401,000,  or
28.4%, due primarily to an increase of approximately $18.9 million, or 23.6%, in
the  average   loan   portfolio   balance   outstanding.   Interest   income  on
mortgage-backed  securities  decreased by $62,000,  or 21.2%, due primarily to a
decrease in the  average  balance  outstanding.  Interest  income on  investment
securities and  interest-bearing  deposits  increased by $25,000,  or 39.1%, due
primarily to a $663,000, or 11.4%, increase in the weighted-average  outstanding
balance  coupled  with a 110 basis point  increase  in the yield  earned on such
investments.

Interest expense on deposits increased by $63,000, or 8.6%, for the three months
ended March 31, 2000,  compared to the same period in 1999,  due primarily to an
approximate  $6.6  million  increase in the average  deposit  portfolio  balance
outstanding,  which was  partially  offset by a decrease in the average  cost of
deposits.

Interest expense on borrowings  increased by $152,000,  or 53.0%, due to an $8.2
million,  or 35.4%,  increase  in the average  balance of  advances  outstanding
coupled with a 65 basis point increase in the cost of such funds.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest income increased by $149,000,  or 19.8%, for the three months ended
March 31, 2000, compared to the same period in 1999.

Provision for Losses on Loans

Management  elected to record a provision for losses on loans  totaling  $51,000
during  the three  month  period  ended  March 31,  2000.  The  current  quarter
provision was predicated primarily upon growth in the portfolio of loans secured
by  non-residential  real estate.  There can be no assurance  that the loan loss
allowance of the Savings Bank will be adequate to cover losses on  nonperforming
assets in the future.




                                       13


<PAGE>


                            FFD Financial Corporation

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                      AND RESULTS OF OPERATIONS (CONTINUED)


Comparison of Operating Results for the Three Month Periods Ended March 31, 2000
and 1999 (continued)

Other Income

Other income  totaled  $44,000 the three months ended March 31, 2000, a decrease
of $14,000,  or 24.1%,  from the 1999 total. The decrease was due primarily to a
decrease of $8,000,  or 38.1%, in gain on sale of loans,  coupled with a $6,000,
or 16.2%, decrease in other operating income.

General, Administrative and Other Expense

General,  administrative and other expense totaled $563,000 for the three months
ended March 31, 2000, a decrease of $9,000, or 1.6%, compared to the same period
in 1999.  The decrease in general,  administrative  and other  expense  resulted
primarily  from a  $18,000,  or 6.5%,  decrease  in  employee  compensation  and
benefits,  primarily  related to a reduction in costs  associated with the stock
benefit plans, due to fluctuations in the fair value of the Corporation's stock,
which was partially offset by a $23,000,  or 21.5%,  increase in other operating
expense.  The increase in other  operating  expenses was comprised  primarily of
increase in ATM charges  and  pro-rata  increases  in other  operating  expenses
related to the Corporation's overall growth year to year.

Federal Income Taxes

The Corporation  recorded a provision for federal income taxes totaling $108,000
for the three  months ended March 31,  2000,  an increase of $27,000,  or 33.3%,
over the same period in 1999. The increase resulted primarily from a $93,000, or
39.1%, increase in earnings before taxes. The effective tax rates were 32.6% and
34.0% for the three months ended March 31, 2000 and 1999, respectively.




















                                       14


<PAGE>


                            FFD Financial Corporation

                                     PART II


ITEM 1.  Legal Proceedings

         Not applicable


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

         None

ITEM 5.  Other Information

         None

ITEM 6.  Exhibits and Reports on Form 8-K

         (a)  Exhibits:

                 27                         Financial data schedule for the nine
                                            months ended March 31, 2000.


         (b)  Reports on Form 8-K:          None.














                                       15


<PAGE>


                            FFD Financial Corporation

                                   SIGNATURES


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





Date:    May 12, 2000                          By:  /s/Robert R. Gerber
       --------------------------                   -------------------
                                                      Robert R. Gerber
                                                      President





Date:    May 12, 2000                          By:  /s/Larry D. Browning
       --------------------------                   --------------------
                                                      Larry D. Browning
                                                      Chief Financial Officer






























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