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, 2003
                              --------------------------------------------------
                                       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 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 12, 2003 - 1,222,997 shares of common stock, no par value
--------------------------------------------------------------------------------
Transitional Small Business Disclosure Format (Check one):  Yes [ ]    No [X]


                                  Page 1 of 20
<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                                                 12


PART II  -        OTHER INFORMATION                                          17

SIGNATURES                                                                   18

CERTIFICATIONS                                                               19

                                       2
<PAGE>

<TABLE>
<CAPTION>

                            FFD Financial Corporation

                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

                        (In thousands, except share data)

                                                                                 March 31,        June 30,
         ASSETS                                                                    2003             2002
<S>                                                                              <C>             <C>
Cash and due from banks                                                          $   2,192       $   1,490
Interest-bearing deposits in other financial institutions                            8,708          11,726
                                                                                 ---------       ---------
         Cash and cash equivalents                                                  10,900          13,216

Investment securities designated as available
  for sale - at market                                                               3,507           2,047
Mortgage-backed securities designated as available for
  sale - at market                                                                     973           1,551
Mortgage-backed securities held to maturity - at amortized cost,
  approximate market value of $731 and $1,648 as of
  March 31, 2003 and June 30, 2002, respectively                                       689           1,606
Loans receivable - net                                                             109,736         106,718
Loans held for sale - at lower of cost or market                                     2,107             337
Office premises and equipment - at depreciated cost                                  2,176           1,992
Real estate acquired through foreclosure                                               161              --
Stock in Federal Home Loan Bank - at cost                                            1,948           1,885
Accrued interest receivable                                                            415             454
Prepaid expenses and other assets                                                      239             288
Prepaid federal income taxes                                                           112             209
                                                                                 ---------       ---------

         Total assets                                                            $ 132,963       $ 130,303
                                                                                 =========       =========

         LIABILITIES AND SHAREHOLDERS' EQUITY

Deposits                                                                         $ 101,372       $  95,542
Advances from the Federal Home Loan Bank                                            14,067          17,553
Accrued interest payable                                                                90             100
Other liabilities                                                                      408             413
Deferred federal income taxes                                                          165             154
                                                                                 ---------       ---------
         Total liabilities                                                         116,102         113,762

Shareholders' equity
  Preferred stock - authorized 1,000,000 shares without par
    value; no shares issued                                                             --              --
  Common stock - authorized 5,000,000 shares without par or
    stated value; 1,454,750 shares issued                                               --              --
  Additional paid-in capital                                                         7,891           7,861
  Retained earnings - substantially restricted                                      12,015          11,629
  Accumulated comprehensive income; unrealized gains on
    securities designated as available for sale, net of related tax effects             12              19
  Shares acquired by stock benefit plans                                              (561)           (677)
  Less 232,753 and 217,072 treasury shares at March 31, 2003 and
    June 30, 2002, respectively - at cost                                           (2,496)         (2,291)
                                                                                 ---------       ---------
         Total shareholders' equity                                                 16,861          16,541
                                                                                 ---------       ---------

         Total liabilities and shareholders' equity                              $ 132,963       $ 130,303
                                                                                 =========       =========
</TABLE>

                                       3

<PAGE>

<TABLE>
<CAPTION>

                            FFD Financial Corporation

                       CONSOLIDATED STATEMENTS OF EARNINGS

                      (In thousands, except per share data)

                                                                  For the nine months       For the three months
                                                                    ended March 31,            ended March 31,
                                                                   2003         2002          2003         2002

<S>                                                               <C>          <C>           <C>          <C>
Interest income
  Loans                                                           $ 4,826      $ 5,747       $ 1,594      $ 1,773
  Mortgage-backed securities                                           87          329            24           36
  Investment securities, interest-bearing deposits and other          228          144            69           41
                                                                  -------      -------       -------      -------
         Total interest income                                      5,141        6,220         1,687        1,850

Interest expense
  Deposits                                                          1,853        2,461           557          680
  Borrowings                                                          445          630           138          167
                                                                  -------      -------       -------      -------
         Total interest expense                                     2,298        3,091           695          847
                                                                  -------      -------       -------      -------

         Net interest income                                        2,843        3,129           992        1,003

Provision for losses on loans                                         131          110            32           13
                                                                  -------      -------       -------      -------

         Net interest income after provision
           for losses on loans                                      2,712        3,019           960          990

Other income
  Gain on sale of loans                                               584          182           202           80
  Gain on sale of mortgage-backed securities                           --           67            --           --
  Other operating                                                     114          189            21           67
                                                                  -------      -------       -------      -------
         Total other income                                           698          438           223          147

General, administrative and other expense
  Employee compensation and benefits                                  908          897           305          327
  Occupancy and equipment                                             271          195            97           79
  Franchise taxes                                                     138          138            48           48
  Data processing                                                     201          235            71          100
  Other operating                                                     798          580           243          198
                                                                  -------      -------       -------      -------
         Total general, administrative and other expense            2,316        2,045           764          759
                                                                  -------      -------       -------      -------

         Earnings before income taxes                               1,094        1,412           419          378

Federal income taxes
  Current                                                             357          490           139          153
  Deferred                                                             15          (12)            1          (25)
                                                                  -------      -------       -------      -------
         Total federal income taxes                                   372          478           140          128
                                                                  -------      -------       -------      -------

         NET EARNINGS                                             $   722      $   934       $   279      $   250
                                                                  =======      =======       =======      =======

         EARNINGS PER SHARE
           Basic                                                  $   .62      $   .78       $   .24      $   .21
                                                                  =======      =======       =======      =======

           Diluted                                                $   .61      $   .77       $   .24      $   .21
                                                                  =======      =======       =======      =======

</TABLE>


                                       4
<PAGE>

<TABLE>
<CAPTION>


                            FFD Financial Corporation

                 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

                                 (In thousands)


                                                              For the nine months   For the three months
                                                                ended March 31,         ended March 31,
                                                               2003        2002        2003        2002

<S>                                                            <C>         <C>         <C>         <C>
Net earnings                                                   $ 722       $ 934       $ 279       $ 250

Other comprehensive losses, net of tax:
  Unrealized holding losses on securities during
    the period, net of tax benefits of $(4), $1,
    $- and $6 for the respective periods                          (7)         (2)         (1)        (11)

  Reclassification adjustment for realized gains included
    in earnings, net of tax of $23                                --         (44)         --          --
                                                               -----       -----       -----       -----

Comprehensive income                                           $ 715       $ 888       $ 278       $ 239
                                                               =====       =====       =====       =====

Accumulated comprehensive income                               $  12       $   9       $  12       $   9
                                                               =====       =====       =====       =====
</TABLE>

                                       5
<PAGE>

<TABLE>
<CAPTION>

                            FFD Financial Corporation

                      CONSOLIDATED STATEMENTS OF CASH FLOWS

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

                                                                       2003          2002

<S>                                                                  <C>            <C>
Cash flows from operating activities:
  Net earnings for the period                                        $    722       $    934
  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                     48             20
    Amortization of deferred loan origination fees                        (38)           (19)
    Depreciation and amortization                                         150             88
    Provision for losses on loans                                         131            110
    Amortization expense of stock benefit plans                           154            188
    Gain on sale of mortgage-backed securities                             --            (67)
    Gain on sale of loans                                                (273)           (11)
    Proceeds from sale of loans                                        30,537         16,583
    Loans originated for sale in the secondary market                 (32,034)       (17,120)
    Federal Home Loan Bank stock dividends                                (63)           (77)
    Increase (decrease) in cash due to changes in:
      Accrued interest receivable                                          39            (16)
      Prepaid expenses and other assets                                    49            (44)
      Accrued interest payable                                            (10)           (55)
      Other liabilities                                                    (5)          (151)
      Federal income taxes
        Current                                                            97             90
        Deferred                                                           15            (12)
                                                                     --------       --------
         Net cash provided by (used in) operating activities             (481)           441

Cash flows provided by (used in) investing activities:
  Proceeds from maturity of investment securities                       6,000          1,000
  Purchase of investment securities                                    (7,510)            --
  Purchase of mortgage-backed securities                                 (956)            --
  Proceeds from sale of mortgage-backed securities                         --          5,107
  Principal repayments on mortgage-backed securities                    2,442          2,787
  Loan principal repayments                                            35,845         27,152
  Loan disbursements                                                  (39,117)       (26,752)
  Purchase of office premises and equipment                              (334)          (611)
                                                                     --------       --------
         Net cash provided by (used in) investing activities           (3,630)         8,683

         Net cash provided by (used in) operating and investing
           activities (subtotal carried forward)                       (4,111)         9,124
                                                                     --------       --------

</TABLE>

                                       6

<PAGE>

<TABLE>
<CAPTION>

                            FFD Financial Corporation

                CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)

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

                                                                       2003           2002
<S>                                                                  <C>            <C>
         Net cash provided by (used in) operating and investing
           activities (subtotal brought forward)                     $ (4,111)      $  9,124

Cash flows provided by (used in) financing activities:
  Net increase in deposit accounts                                      5,830          4,523
  Proceeds from Federal Home Loan Bank advances                            --         11,000
  Repayment of Federal Home Loan Bank advances                         (3,486)       (18,093)
  Proceeds from exercise of stock options                                  21             41
  Purchase of treasury shares                                            (234)          (936)
  Dividends on common shares                                             (336)          (328)
                                                                     --------       --------
         Net cash provided by (used in) financing activities            1,795         (3,793)
                                                                     --------       --------

Net increase (decrease) in cash and cash equivalents                   (2,316)         5,331

Cash and cash equivalents at beginning of period                       13,216          9,340
                                                                     --------       --------

Cash and cash equivalents at end of period                           $ 10,900       $ 14,671
                                                                     ========       ========


Supplemental disclosure of cash flow information:
  Cash paid during the period for:
    Federal income taxes                                             $    280       $    409
                                                                     ========       ========

    Interest on deposits and borrowings                              $  2,308       $  3,146
                                                                     ========       ========

Supplemental disclosure of noncash investing activities:
  Unrealized losses on securities designated as available for
    sale, net of related tax effects                                 $     (7)      $    (46)
                                                                     ========       ========

  Recognition of mortgage servicing rights in accordance with
    SFAS No. 140                                                     $    311       $    171
                                                                     ========       ========

  Transfers from mortgage loans to real estate acquired through
    foreclosure                                                      $    161       $     --
                                                                     ========       ========

</TABLE>

                                       7

<PAGE>


                            FFD Financial Corporation

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

       For the nine- and three-month periods ended March 31, 2003 and 2002


1. Basis of Presentation
   ---------------------

The accompanying  unaudited  consolidated  financial statements were prepared in
accordance with the 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  accounting
principles  generally  accepted in the United  States of  America.  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,  2002.  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 nine- and  three-month  periods ended March 31, 2003, 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  Community  Bank (the "Bank").  All  significant
intercompany items have been eliminated.

3. 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
give  effect  to  52,687  unallocated  ESOP  shares  for each of the  nine-  and
three-month  periods ended March 31, 2003 and 65,861 unallocated ESOP shares for
each of the nine- and three-month periods ended March 31, 2002. Diluted earnings
per common share  include the dilutive  effect of  additional  potential  common
shares issuable under the Corporation's  stock option plan. The computations are
as follows:

<TABLE>
<CAPTION>

                                                    For the nine months ended       For the three months ended
                                                            March 31,                        March 31,
                                                       2003           2002              2003           2002
     <S>                                             <C>            <C>               <C>            <C>
     Weighted-average common shares
       outstanding (basic)                           1,154,705      1,190,945         1,160,221      1,173,400
     Dilutive effect of assumed exercise
       of stock options                                 25,918         20,210            26,431         24,527
                                                     ---------      ---------         ---------      ---------
     Weighted-average common shares
       outstanding (diluted)                         1,180,623      1,211,155         1,186,652      1,197,927
                                                     =========      =========         =========      =========

</TABLE>

4.  Effects of Recent Accounting Pronouncements
    -------------------------------------------

In August  2001,  the  Financial  Accounting  Standards  Board  ("FASB")  issued
Statement of Financial  Accounting  Standards ("SFAS") No. 144,  "Accounting for
the Impairment or Disposal of Long-Lived  Assets." SFAS No. 144 carries over the
recognition and measurement provisions in SFAS No. 121, which requires an entity
to recognize an impairment  loss if the carrying value of a long-lived  asset or
asset group (a) is not  recoverable  and (b) exceeds its fair value.  Similar to
SFAS No.  121,  SFAS No. 144  requires an entity to test an asset or asset group
for impairment  whenever  events or changes in  circumstances  indicate that its
carrying amount may not be  recoverable.  SFAS No. 144 differs from SFAS No. 121
in  that  it  provides   guidance  on  estimating  future  cash  flows  to  test
recoverability.  SFAS No. 144 is effective for financial  statements  issued for
fiscal years  beginning after December 15, 2001 and interim periods within those
fiscal years.  Management  adopted SFAS No. 144 effective July 1, 2002,  without
material  effect  on  the  Corporation's   financial  condition  or  results  of
operations.

                                       8


<PAGE>


                           8 FFD Financial Corporation

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

       For the nine- and three-month periods ended March 31, 2003 and 2002


4. Effects of Recent Accounting Pronouncements (continued)
   -------------------------------------------

In June 2002,  the FASB issued SFAS No. 146,  "Accounting  for Costs  Associated
with Exit or Disposal  Activities." SFAS No. 146 provides  financial  accounting
and reporting  guidance for costs  associated with exit or disposal  activities,
including one-time termination  benefits,  contract termination costs other than
for a capital lease, and costs to consolidate  facilities or relocate employees.
SFAS No.  146 is  effective  for exit or  disposal  activities  initiated  after
December 31, 2002.  Management  adopted SFAS No. 146 effective  January 1, 2002,
without material effect on the Corporation's  financial  condition or results of
operations.

In October 2002, the FASB issued SFAS No. 147, "Accounting for Certain Financial
Institutions:  An  Amendment  of  FASB  Statements  No.  72  and  144  and  FASB
Interpretation No. 9," which removes acquisitions of financial institutions from
the scope of SFAS No. 72,  "Accounting  for Certain  Acquisitions of Banking and
Thrift  Institutions,"  except  for  transactions  between  mutual  enterprises.
Accordingly,  the excess of the fair value of liabilities  assumed over the fair
value of tangible  and  intangible  assets  acquired  in a business  combination
should be recognized  and accounted for as goodwill in accordance  with SFAS No.
141,  "Business  Combinations," and SFAS No. 142, "Goodwill and Other Intangible
Assets."

SFAS No. 147 also requires that the acquisition of a  less-than-whole  financial
institution, such as a branch, be accounted for as a business combination if the
transferred  assets  and  activities  constitute  a  business.   Otherwise,  the
acquisition  should be accounted for as the acquisition of net assets.  SFAS No.
147 also amends the scope of SFAS No. 144,  "Accounting  for the  Impairment  or
Disposal of  Long-Lived  Assets,"  to include  long-term  customer  relationship
assets  of  financial  institutions   (including  mutual  enterprises)  such  as
depositor- and  borrower-relationship  intangible  assets and credit  cardholder
intangible assets.

The provisions of SFAS No. 147 related to  unidentifiable  intangible assets and
the  acquisition of a  less-than-whole  financial  institution are effective for
acquisitions  for which the date of  acquisition is on or after October 1, 2002.
The provisions related to impairment of long-term customer  relationship  assets
are effective October 1, 2002.  Transition  provisions for previously recognized
unidentifiable  intangible assets are effective on October 1, 2002, with earlier
application  permitted.  Management  adopted SFAS No. 147  effective  October 1,
2002,  without  material  effect on the  Corporation's  financial  condition  or
results of operations.

In December  2002,  the FASB issued SFAS No. 148,  "Accounting  for  Stock-Based
Compensation  - Transition  and  Disclosure."  SFAS No. 148 amends SFAS No. 123,
"Accounting for Stock-Based  Compensation,"  to provide  alternative  methods of
transition  for a voluntary  change to the fair value based method of accounting
for  stock-based  employee  compensation.  In addition,  SFAS No. 148 amends the
disclosure requirements of SFAS No. 123 to require prominent disclosures in both
annual and interim financial  statements about the method of accounting used for
stock-based employee  compensation and the effect of the method used on reported
results. SFAS No. 148 is effective for fiscal years beginning after December 15,
2002.  The interim  disclosure  provisions  are effective for financial  reports
containing financial statements for interim periods beginning after December 15,
2002.  Management  adopted the  disclosure  provisions of SFAS No. 148 effective
March 31, 2003, without material effect on the Corporation's financial condition
or results of operations.

                                      9

<PAGE>

                            FFD Financial Corporation

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

       For the nine- and three-month periods ended March 31, 2003 and 2002


4. Effects of Recent Accounting Pronouncements (continued)
   -------------------------------------------

In  November  2002,  the FASB  issued  FASB  Interpretation  No. 45 ("FIN  45"),
"Guarantor's  Accounting and Disclosure  Requirements for Guarantees,  Including
Indirect  Guarantees  of  Indebtedness  of Others."  FIN 45 requires a guarantor
entity, at the inception of a guarantee covered by the measurement provisions of
the  interpretation,  to record a liability for the fair value of the obligation
undertaken in issuing the guarantee.  The Corporation  has financial  letters of
credit,  which may require the  Corporation  to make  payment if the  customer's
financial condition deteriorates,  as defined in the agreements. FIN 45 requires
the  Corporation  to record an  initial  liability  generally  equal to the fees
received  for these  letters of credit  when  guaranteeing  obligations.  FIN 45
applies  prospectively  to letters of credit the Corporation  issues or modifies
subsequent to December 31, 2002.

The maximum potential undiscounted amount of future payments of these letters of
credit as of March 31, 2003 are $78,000 and they  expire  through  fiscal  2004.
Amounts due under these  letters of credit would be reduced by any proceeds that
the  Corporation  would be able to obtain in liquidating  the collateral for the
loans, which varies depending on the customer.

In January 2003,  the FASB issued FIN 46,  "Consolidation  of Variable  Interest
Entities." FIN 46 requires a variable  interest  entity to be  consolidated by a
company if that  company  is subject to a majority  of the risk of loss from the
variable interest  entity's  activities or entitled to receive a majority of the
entity's  residual  returns,  or both.  FIN 46 also requires  disclosures  about
variable interest entities that a company is not required to consolidate, but in
which it has a significant variable interest. The consolidation  requirements of
FIN 46 apply immediately to variable interest entities created after January 31,
2003. The  consolidation  requirements  apply to existing  entities in the first
fiscal year or interim  period  beginning  after June 15,  2003.  Certain of the
disclosure  requirements apply in all financial  statements issued after January
31, 2003,  regardless of when the variable interest entity was established.  The
Corporation  adopted the provisions of FIN 46 effective January 31, 2003 without
material effect on its financial statements.

5. Stock Option Plan
   -----------------

The FFD Financial  Corporation 1996 Stock Option and Incentive Plan (the "Plan")
provides for the issuance of 145,475 shares of authorized but unissued shares of
common stock.

The  Corporation  accounts  for the  Plan  in  accordance  with  SFAS  No.  123,
"Accounting for  Stock-Based  Compensation,"  which contains a fair  value-based
method  for  valuing  stock-based  compensation  that  entities  may use,  which
measures  compensation  cost at the grant  date  based on the fair  value of the
award. Compensation is then recognized over the service period, which is usually
the vesting period. Alternatively,  SFAS No. 123 permits entities to continue to
account for stock  options  and  similar  equity  instruments  under  Accounting
Principles  Board  ("APB")  Opinion  No.  25,  "Accounting  for Stock  Issued to
Employees."  Entities  that  continue  to account  for stock  options  using APB
Opinion No. 25 are  required to make pro forma  disclosures  of net earnings and
earnings per share, as if the fair value-based  method of accounting  defined in
SFAS No. 123 had been applied.

The  Corporation  applies  APB Opinion  No. 25 and  related  Interpretations  in
accounting for its Plan.  Accordingly,  no compensation cost has been recognized
with respect to the Plan.  Had  compensation  cost for the Plan been  determined
based  on the fair  value at the  grant  date in a  manner  consistent  with the
accounting method utilized in SFAS No. 123, then the Corporation's  consolidated
net earnings and earnings per share for the nine and three month  periods  ended
March  31,  2003 and 2002,  would  have been  reduced  to the pro forma  amounts
indicated below:

                                       10
<PAGE>


                            FFD Financial Corporation

             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

       For the nine- and three-month periods ended March 31, 2003 and 2002


5. Stock Option Plan (continued)

<TABLE>
<CAPTION>
                                              Nine months ended         Three months ended
                                                   March 31,                 March 31,
                                              2003          2002         2003          2002

<S>                                         <C>           <C>           <C>           <C>
Net earnings (In thousands)
  As reported                               $   722       $   934       $   279       $   250
  Stock-based compensation, net of tax           (8)          (10)           (3)           (2)
                                            -------       -------       -------       -------
  Pro-forma                                 $   714       $   924       $   276       $   248
                                            =======       =======       =======       =======

Earnings per share - Basic
  As reported                               $   .62       $   .78       $   .24       $   .21
  Stock-based compensation, net of tax           --          (.01)           --            --
                                            -------       -------       -------       -------
  Pro-forma                                 $   .62       $   .77       $   .24       $   .21
                                            =======       =======       =======       =======

Diluted
  As reported                               $   .61       $   .77           .24       $   .21
  Stock-based compensation, net of tax         (.01)         (.01)         (.01)           --
                                            -------       -------       -------       -------
  Pro-forma                                 $   .60       $   .76       $   .23       $   .21
                                            =======       =======       =======       =======

</TABLE>

The fair value of each option  grant is estimated on the date of grant using the
modified Black-Scholes options-pricing model with the following assumptions used
for grants in fiscal 2003, 2002 and 2001: dividend yield of 3.0%, 3.5% and 4.0%;
expected  volatility  of 22.6%,  36.7% and 23.5%;  a risk-free  interest rate of
4.0%, 3.0% and 5.0% and an expected life of ten years for all grants.

A summary of the status of the  Corporation's  stock option plan as of March 31,
2003 and June 30, 2002 and 2001,  and changes  during the periods then ended are
presented below:

<TABLE>
<CAPTION>
                                                 March 31,                                           June 30,
                                                   2003                      2002                      2001
                                                         Weighted-                  Weighted-                 Weighted-
                                                          average                    average                   average
                                                         exercise                   exercise                  exercise
                                           Shares          price      Shares          price     Shares          price

<S>                                       <C>           <C>          <C>           <C>          <C>           <C>
Outstanding at beginning of period        104,385       $    9.25    108,563       $    9.22    109,538       $    9.36
Granted                                     5,975           12.48      2,000           12.00      3,000            8.38
Exercised                                  (3,122)           9.18     (5,578)           9.14         --              --
Forfeited                                      --              --       (600)          14.59     (3,975)          12.43
                                          -------       ---------    -------       ---------    -------       ---------

Outstanding at end of period              107,238       $    9.43    104,385       $    9.25    108,563       $    9.22
                                          =======       =========    =======       =========    =======       =========

Options exercisable at period-end          88,483       $    9.22     90,604       $    9.21     73,612       $    9.14
                                          =======       =========    =======       =========    =======       =========
Weighted-average fair value of
  options granted during the period                     $    2.87                   $   3.59                  $    1.82
                                                        =========                  =========                  =========
<CAPTION>

The following information applies to options outstanding at March 31, 2003:

    <S>                                                                                                  <C>
    Number outstanding                                                                                          107,238
    Range of exercise prices                                                                             $9.14 - $12.48
    Weighted-average exercise price                                                                               $9.43
    Weighted-average remaining contractual life in years                                                      4.7 years

</TABLE>
                                       11


<PAGE>

                            FFD Financial Corporation

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


Discussion of Financial Condition Changes from June 30, 2002 to March 31, 2003
------------------------------------------------------------------------------

The Corporation's  total assets at March 31, 2003, amounted to $133.0 million, a
$2.7 million, or 2.0%, increase over the total at June 30, 2002.

Cash and cash equivalents totaled $10.9 million at March 31, 2003, a decrease of
$2.3 million, or 17.5%, from the total at June 30, 2002.  Investment  securities
totaled $3.5  million at March 31,  2003,  an increase of $1.5 million over June
30, 2002, which resulted from purchases of U.S.  Government agency securities of
$7.5  million,  partially  offset  by calls  of such  securities  totaling  $6.0
million.  Mortgage-backed  securities  totaled $1.7 million at March 31, 2003, a
$1.5 million,  or 47.4%,  decrease  compared to the total at June 30, 2002. This
decrease  resulted  from  principal  repayments  of  $2.4  million,  which  were
partially offset by purchases of mortgage-backed securities totaling $956,000.

Loans receivable, including loans held for sale, totaled $111.8 million at March
31, 2003,  an increase of $4.8 million,  or 4.5%,  over the June 30, 2002 total.
Loan  disbursements  during the period totaling $71.2 million were substantially
offset by principal  repayments of $35.8 million and loans sold in the secondary
market of $30.3 million. During the nine-month period ended March 31, 2003, loan
originations were comprised of $44.1 million of one- to four-family  residential
real  estate  loans,   $15.7  million  of  commercial  loans,  $8.8  million  of
nonresidential real estate loans, $1.3 million of multi-family  residential real
estate loans and $1.3  million of consumer  loans.  Nonresidential  real estate,
multi-family  residential  real  estate and  commercial  lending  are  generally
considered  to  involve  a  higher  degree  of risk  than  one-  to  four-family
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 and  businesses.  The 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  operating  the
property or business, the debt service ratio, the quality and characteristics of
the  income  stream  generated  by  the  property  or  business  and  appraisals
supporting the real estate or collateral valuation.

The allowance for loan losses totaled $829,000 at March 31, 2003, an increase of
$116,000, or 16.3%, over the June 30, 2002 balance of $713,000,  and represented
..73% and .66% of total loans at those respective dates. The Bank's nonperforming
loans  totaled  $536,000  and  $622,000  at March  31,  2003 and June 30,  2002,
respectively.   Nonperforming  loans  at  March  31,  2003,  were  comprised  of
nonresidential  real estate loans totaling  $299,000,  commercial loans totaling
$231,000 and other loans totaling  $6,000.  Management  believes that the Bank's
nonperforming loans at March 31, 2003 are adequately  collateralized and no loss
is anticipated on such loans.  Although  management  believes that the allowance
for loan losses at March 31, 2003, 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  $101.4  million at March 31, 2003, a $5.8  million,  or 6.1%,
increase  over total  deposits at June 30,  2002.  The  increase in deposits was
comprised primarily of accounts opened at the new Boulevard office location. The
overall   increase  in  deposits  was  comprised  of  $4.1  million  in  demand,
transaction  and passbook  accounts and $1.7 million in certificates of deposit.
FHLB advances totaled $14.1 million at March 31, 2003, a $3.5 million, or 19.9%,
decrease from the June 30, 2002 total.  During the nine-month period ended March
31, 2003,  management elected to prepay such advances utilizing excess liquidity
and proceeds from maturities of investment and mortgage-backed securities.

                                       12
<PAGE>


                            FFD Financial Corporation

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


Discussion of Financial Condition Changes from June 30, 2002 to March 31, 2003
------------------------------------------------------------------------------
(continued)

Shareholders'  equity  totaled  $16.9  million at March 31, 2003, an increase of
$320,000,  or 1.9%,  over June 30, 2002.  The increase was due  primarily to net
earnings of $722,000  and the effects of  amortization  of stock  benefit  plans
totaling $154,000,  which were partially offset by a purchase of treasury shares
totaling  $234,000 and dividends paid of $336,000.  The Bank is required to meet
minimum  capital  standards  promulgated  by the  Office of  Thrift  Supervision
("OTS"), and at March 31, 2003, the Bank's regulatory capital was well in excess
of such minimum capital requirements.


Comparison of Operating Results for the Three-Month Periods Ended
-----------------------------------------------------------------
March 31, 2003 and 2002
-----------------------
General
-------

The Corporation's net earnings totaled $279,000 for the three months ended March
31, 2003,  an increase of $29,000,  or 11.6%,  over the net earnings of $250,000
recorded in the comparable period in 2002. The increase in net earnings resulted
from an increase of $76,000 in other  income,  which was offset by a decrease of
$11,000 in net interest  income and  increases of $19,000 in the  provision  for
losses on loans, $5,000 in general, administrative and other expense and $12,000
in the provision for federal income taxes.

Net Interest Income

Total interest income decreased by $163,000, or 8.8%, to a total of $1.7 million
for the three months  ended March 31,  2003,  compared to the three months ended
March 31, 2002.  Interest income on loans decreased by $179,000,  or 10.1%,  due
primarily to a 77 basis point decrease in yield,  which was partially  offset by
an increase of $2.1  million,  or 1.9%,  in the average loan  portfolio  balance
outstanding. Interest income on mortgage-backed securities decreased by $12,000,
or 33.3%,  due  primarily to a $2.3 million,  or 56.8%,  decrease in the average
balance   outstanding.    Interest   income   on   investment   securities   and
interest-bearing  deposits increased by $28,000, or 68.3%, to a total of $69,000
for the three months ended March 31, 2003,  due primarily to a $4.2 million,  or
54.6%, increase in the average balance outstanding year to year.

Interest  expense on deposits  decreased  by $123,000,  or 18.1%,  for the three
months ended March 31, 2003, compared to the same quarter in 2002, due primarily
to a 55 basis point  decrease in the average cost of deposits,  to 2.89% for the
2003 quarter, which was partially offset by a $940,000, or 1.0%, increase in the
average balance of deposits  outstanding year to year.  Interest expense on FHLB
advances  decreased  by  $29,000,  or 17.4%,  due to a $5.7  million,  or 28.9%,
decrease in the average  balance of advances  outstanding.  The decreases in the
level  of  average  yields  on  interest-earning  assets  and  average  cost  of
interest-bearing  liabilities  were due  primarily  to the  overall  decrease in
interest rates in the economy.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest  income  decreased by $11,000,  or 1.1%, for the three months ended
March 31, 2003,  compared to the same period in 2002.  The interest  rate spread
amounted to 2.72% and 2.82%, and the net interest margin totaled 3.10% and 3.14%
for the three-month periods ended March 31, 2003 and 2002, respectively.

                                       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, 2003
--------------------------------------------------------------------------------
and 2002 (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
Bank, the status of past due principal and interest  payments,  general economic
conditions,  particularly as such  conditions  relate to the Bank's market area,
and other factors  related to the  collectibility  of the Bank's loan portfolio.
The Corporation recorded a provision for losses on loans totaling $32,000 during
the three months ended March 31,  2003,  an increase of $19,000  compared to the
same period in 2002. The current quarter provision was predicated primarily upon
growth in the portfolio of nonresidential  real estate loans and consumer loans.
There can be no assurance that the loan loss allowance will be adequate to cover
losses on  nonperforming  assets in the future,  which can adversely  affect the
Corporation's results of operations.

Other Income
------------

Other income  totaled  $223,000  for the three  months ended March 31, 2003,  an
increase of $76,000,  or 51.7%,  over the 2002 total. The increase was due to an
increase of $122,000 in gain on sale of loans year to year,  which was partially
offset by a decrease  of  $46,000,  or 68.7%,  in other  operating  income.  The
increase  in gain on sale of loans was due  primarily  to the  increase in sales
volume year to year. The decrease in other operating income consisted  primarily
of an increase in the level of amortization of mortgage servicing rights,  which
was  partially  offset by  increases  in ATM fees and  service  fees on loan and
deposit accounts year to year.

General, Administrative and Other Expense
-----------------------------------------

General,  administrative and other expense totaled $764,000 for the three months
ended March 31, 2003, an increase of $5,000, or .7%, compared to the same period
in 2002.  The increase in general,  administrative  and other  expense  includes
increases of $18,000,  or 22.8%,  in occupancy  and  equipment  and $45,000,  or
22.7%, in other operating  expense,  which were partially offset by decreases of
$22,000,  or 6.7%, in employee  compensation and benefits and $29,000, or 29.0%,
in data processing. The increase in occupancy and equipment was due primarily to
depreciation  and other costs  incurred  in  connection  with the new  Boulevard
office which opened in July 2002.  The increase in other  operating  expense was
due primarily to increases in office supplies and other expenses associated with
the opening of the new Boulevard office.  The decrease in employee  compensation
and benefits was due  primarily to a decrease in costs of the  restricted  stock
benefit plan and an increase in deferred loan  origination  costs related to the
increase in lending  volume  year to year,  which were  partially  offset by the
impact of  additional  staff  for the new  Boulevard  office  and  normal  merit
increases.

Federal Income Taxes
--------------------

The Corporation  recorded a provision for federal income taxes totaling $140,000
for the three months ended March 31, 2003, an increase of $12,000, or 9.4%, over
the same period in 2002.  The increase  resulted  primarily  from a $41,000,  or
10.8%, increase in earnings before taxes. The Corporation's  effective tax rates
were  33.4%  and  33.9%  for the three  months  ended  March 31,  2003 and 2002,
respectively.


                                     14


<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, 2003 and 2002
-----------------------

General
-------

The  Corporation's net earnings totaled $722,000 for the nine months ended March
31, 2003, a decrease of  $212,000,  or 22.7%,  from the net earnings of $934,000
recorded in the comparable period in 2002. The decrease in net earnings resulted
from a decrease of $286,000 in net interest income, and increases of $271,000 in
general,  administrative  and other  expense  and $21,000 in the  provision  for
losses on loans, which were partially offset by an increase of $260,000 in other
income and a decrease of $106,000 in the provision for federal income taxes.

Net Interest Income
-------------------

Total interest  income  decreased by $1.1 million,  or 17.3%, to a total of $5.1
million for the nine months  ended March 31,  2003,  compared to the nine months
ended March 31, 2002. Interest income on loans decreased by $921,000,  or 16.0%,
due  primarily  to a 107  basis  point  decrease  in yield to 5.91% for the 2003
period,  and a decrease  of  $897,000,  or .8%, in the  average  loan  portfolio
balance outstanding.  Interest income on mortgage-backed securities decreased by
$242,000,  or 73.6%, due primarily to a $6.2 million, or 71.2%,  decrease in the
average  balance  outstanding  and a decrease in the average yield year to year.
Interest income on investment securities and interest-bearing deposits increased
by $84,000, or 58.3%, to a total of $228,000 for the nine months ended March 31,
2003, due primarily to a $7.4 million, or 76.7%, increase in the average balance
outstanding,  which was partially offset by a decrease in the average yield year
to year.

Interest  expense on deposits  decreased  by  $608,000,  or 24.7%,  for the nine
months ended March 31, 2003,  compared to the same period in 2002, due primarily
to a 172 basis point  decrease in the average  cost of deposits to 1.82% for the
2003 period,  which was partially offset by a $2.5 million, or 2.7%, increase in
the average balance of deposits outstanding year to year.

Interest expense on FHLB advances decreased by $185,000, or 29.4%, due to a $5.9
million, or 27.7%, decrease in the average balance of advances outstanding and a
128 basis point  decrease in the average cost of advances.  The decreases in the
level  of  average  yields  on  interest-earning  assets  and  average  cost  of
interest-bearing  liabilities  were due  primarily  to an  overall  decrease  in
interest rates in the economy.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest  income  decreased by $286,000,  or 9.1%, for the nine months ended
March 31, 2003,  compared to the same period in 2002.  The interest  rate spread
amounted to 3.40% for the  nine-month  period ended March 31, 2003,  compared to
2.86% for the same period in 2002.  The net interest  margin  totaled  3.67% and
3.26% for the nine-month periods ended March 31, 2003 and 2002, respectively.

Provision for Losses on Loans
-----------------------------

The  Corporation  recorded a  provision  for losses on loans  totaling  $131,000
during the nine months ended March 31, 2003,  an increase of $21,000,  or 19.1%,
compared to the same period in 2002. The current period provision was predicated
primarily upon growth in the portfolio of loans secured by  nonresidential  real
estate  and  consumer  loans.  There  can be no  assurance  that the  loan  loss
allowance  will be  adequate  to cover  losses  on  nonperforming  assets in the
future.

                                       15



<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, 2003
--------------------------------------------------------------------------------
and 2002 (continued)
--------

Other Income
------------

Other income  totaled  $698,000  for the nine months  ended March 31,  2003,  an
increase of $260,000,  or 59.4%,  over the 2002 total. The increase was due to a
$402,000  increase  in gain on sale of loans year to year,  which was  partially
offset  by a  $67,000  gain on sale of  mortgage-backed  securities  in the 2002
period and a decrease of  $75,000,  or 39.7%,  in other  operating  income.  The
increase  in gain on sale of loans  was due  primarily  to a $13.7  million,  or
82.6%,  increase in sales volume year to year.  The decrease in other  operating
income consisted  primarily of an $111,000  increase in amortization of mortgage
servicing  rights,  which was partially offset by an increase in service fees on
loan and deposit accounts year to year.

General, Administrative and Other Expense
-----------------------------------------

General,  administrative  and other  expense  totaled  $2.3 million for the nine
months ended March 31, 2003, an increase of $271,000,  or 13.3%, compared to the
same period in 2002. The increase in general,  administrative  and other expense
includes increases of $11,000,  or 1.2%, in employee  compensation and benefits,
$76,000,  or 39.0%, in occupancy and equipment and $218,000,  or 37.6%, in other
operating  expense,  which were partially  offset by a $34,000  decrease in data
processing expense.  The increase in employee  compensation and benefits was due
primarily to the impact of additional  staff for the new Boulevard  office which
opened in July 2002 and normal merit increases, which were partially offset by a
decrease in costs related to the  restricted  stock benefit plan and an increase
in deferred loan  origination  costs  related to the increase in lending  volume
year to year.  The  increase in occupancy  and  equipment  was due  primarily to
depreciation  and other costs incurred in connection with the Boulevard  office.
The  increase in other  operating  expense was due  primarily  to  increases  in
advertising,  office supplies and other expenses  associated with the opening of
the new Boulevard office.

Federal Income Taxes
--------------------

The Corporation  recorded a provision for federal income taxes totaling $372,000
for the nine months ended March 31, 2003, a decrease of $106,000, or 22.2%, from
the same period in 2002. The decrease  resulted  primarily  from a $318,000,  or
22.5%, decrease in earnings before taxes. The Corporation's  effective tax rates
were  34.0%  and  33.9%  for the nine  months  ended  March  31,  2003 and 2002,
respectively.


Quantitative and Qualitative Disclosures About Market Risk
----------------------------------------------------------

There has been no  material  change in the  Corporation's  market risk since the
Corporation's Form 10-KSB filed with the Securities and Exchange  Commission for
the fiscal year ended June 30, 2002.

ITEM 3:  Controls and Procedures
         -----------------------

     (a) The Chief Executive  Officer and Chief Financial Officer have evaluated
the  effectiveness of the Corporation's  disclosure  controls and procedures (as
defined under Rules 13a-14 and 15d-14 of the Securities Exchange Act of 1934, as
amended)  as of a date within  ninety days of the filing date of this  quarterly
report on Form 10-QSB.  Based upon that evaluation,  the Chief Executive Officer
and Chief  Financial  Officer have concluded that the  Corporation's  disclosure
controls and procedures are effective.

     (b)  There  were  no  significant  changes  in the  Corporation's  internal
controls  or in any  factors  that could  significantly  affect  these  controls
subsequent to the date of the Chief  Executive  Officer and the Chief  Financial
Officer's evaluation.

                                       16

<PAGE>

                            FFD Financial Corporation

                                     PART II


ITEM 1.    Legal Proceedings
           -----------------

           Not applicable

ITEM 2.    Changes in Securities and Use of Proceeds
           -----------------------------------------

           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:

                    99.1       Certification of Chief Executive Officer pursuant
                                to Section 906 of the Sarbanes-Oxley Act of 2002

                    99.2       Certification of Chief Financial Officer pursuant
                                to Section 906 of the Sarbanes-Oxley Act of 2002

           (b)      Reports on Form 8-K:      None


                                       17

<PAGE>

                            FFD Financial Corporation

                                   SIGNATURES
                                   ----------


In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.


                                   FFD FINANCIAL CORPORATION



Date:  May 14, 2003                By:    /s/ Trent B. Troyer
     ----------------                -------------------------------------------
                                          Trent B. Troyer
                                          President and Chief Executive Officer



Date:  May 14, 2003                By:    /s/ Robert R. Gerber
     ----------------                -------------------------------------------
                                          Robert R. Gerber
                                          Chief Financial Officer


                                       18

<PAGE>



                            FFD Financial Corporation

                                   SIGNATURES
                                   ----------


In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.


                                     FFD FINANCIAL CORPORATION




Date:  May 14, 2003                  By:  /s/Trent B. Troyer
     ----------------                -------------------------------------------
                                     Trent B. Troyer
                                     President and Chief Executive Officer





Date:  May 14, 2003                  By:  /s/Robert R. Gerber
     ----------------                -------------------------------------------
                                     Robert R. Gerber
                                     Chief Financial Officer

                                       19

<PAGE>

                                  CERTIFICATION
                                  -------------

I, Trent B. Troyer, certify that:

1.   I have  reviewed  this  quarterly  report on Form  10-QSB of FFD  Financial
     Corporation;

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
     statement of a material fact or omit to state a material fact  necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in this  quarterly  report,  fairly  present  in all
     material respects the financial  condition,  results of operations and cash
     flows of the  registrant  as of, and for,  the  periods  presented  in this
     quarterly report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

          a.   Designed such  disclosure  controls and procedures to ensure that
               material  information  relating to the registrant,  including its
               consolidated  subsidiaries,  is made known to us by others within
               those  entities,  particularly  during  the  period in which this
               quarterly report is being prepared;

          b.   Evaluated  the  effectiveness  of  the  registrant's   disclosure
               controls and  procedures as of a date within 90 days prior to the
               filing date of this quarterly report (the "Evaluation Date"); and

          c.   Presented  in this  quarterly  report our  conclusions  about the
               effectiveness of the disclosure  controls and procedures based on
               our evaluation as of the Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent  evaluation,  to the  registrant's  auditors  and the audit
     committee of  registrant's  board of directors (or persons  performing  the
     equivalent functions):

          a.   All  significant  deficiencies  in the  design  or  operation  of
               internal  controls which could adversely  affect the registrant's
               ability to record,  process,  summarize and report financial data
               and have  identified for the  registrant's  auditors any material
               weaknesses in internal controls; and

          b.   Any fraud,  whether or not material,  that involves management or
               other employees who have a significant  role in the  registrant's
               internal controls; and

6.   The  registrant's  other  certifying  officers and I have indicated in this
     quarterly report whether or not there were significant  changes in internal
     controls  or in other  factors  that could  significantly  affect  internal
     controls  subsequent to the date of our most recent  evaluation,  including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.



Date:  May 14, 2003                  /s/Trent B. Troyer
     ----------------                -------------------------------------------
                                     Trent B. Troyer
                                     President and Chief Executive Officer

                                       20
<PAGE>



                                  CERTIFICATION
                                  -------------

I, Robert R. Gerber, certify that:

1.   I have  reviewed  this  quarterly  report on Form  10-QSB of FFD  Financial
     Corporation;

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
     statement of a material fact or omit to state a material fact  necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based  on my  knowledge,  the  financial  statements  and  other  financial
     information  included  in this  quarterly  report,  fairly  present  in all
     material respects the financial  condition,  results of operations and cash
     flows of the  registrant  as of, and for,  the  periods  presented  in this
     quarterly report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

          a.   Designed such  disclosure  controls and procedures to ensure that
               material  information  relating to the registrant,  including its
               consolidated  subsidiaries,  is made known to us by others within
               those  entities,  particularly  during  the  period in which this
               quarterly report is being prepared;

          b.   Evaluated  the  effectiveness  of  the  registrant's   disclosure
               controls and  procedures as of a date within 90 days prior to the
               filing date of this quarterly report (the "Evaluation Date"); and
               c. Presented in this quarterly  report our conclusions  about the
               effectiveness of the disclosure  controls and procedures based on
               our evaluation as of the Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent  evaluation,  to the  registrant's  auditors  and the audit
     committee of  registrant's  board of directors (or persons  performing  the
     equivalent functions):

          a.   All  significant  deficiencies  in the  design  or  operation  of
               internal  controls which could adversely  affect the registrant's
               ability to record,  process,  summarize and report financial data
               and have  identified for the  registrant's  auditors any material
               weaknesses in internal controls; and

          b.   Any fraud,  whether or not material,  that involves management or
               other employees who have a significant  role in the  registrant's
               internal controls; and

6.   The  registrant's  other  certifying  officers and I have indicated in this
     quarterly report whether or not there were significant  changes in internal
     controls  or in other  factors  that could  significantly  affect  internal
     controls  subsequent to the date of our most recent  evaluation,  including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.



Date:   May 14, 2003       /s/Robert R. Gerber
     ----------------      -------------------------------------------
                           Robert R. Gerber
                           Vice President, Treasurer and Chief Financial Officer


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