UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

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

                  For the quarterly period ended June 30, 1998

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

                       For the transition period from to

                       Commission File Number 000-24907

                                IBL BANCORP, INC.
        (Exact name of small business issuer as specified in its charter)

         LOUISIANA                                      72 - 1421499
(State or other jurisdiction of                       (I.R.S. Employer
incorporation or organization)                       Identification No.)

                  23910 RAILROAD AVENUE, PLAQUEMINE, LOUISIANA
                 70764 (Address of principal executive offices)

         Issuer's telephone number, including area code: (504) 687-6337

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the issuer was required to file such  reports),  and (2) has
been subject to such filing requirements for the past 90 days. Yes [ ] No [ X ]

     Shares of common stock,  par value $.01 per share,  outstanding  as of June
30, 1998: 0

     Transitional Small business Disclosure Format (check one): Yes [ ] No [X]

     * The issuer just became subject to the filing  requirements  of Section 13
or 15(d) when its Form SB-2 was declared effective on August 12, 1998.
<PAGE>
                                IBL Bancorp, Inc.

                                   Form 10-QSB

                           Quarter Ended June 30, 1998

                         PART I - FINANCIAL INFORMATION

Interim Financial  Information required by Rule 10-01 of Regulation S-X and Item
303 of Regulation S-B is included in this Form 10-QSB as referenced below:

                                                                         Page
                                                                         ----
Item 1 -     Financial Statements

      Statement of Financial Condition at June 30, 1998..............     3

      Statement of Income (Unaudited) From June 16,
      1998 (Date of Incorporation) to June 30, 1998..................     4

      Statement of Cash Flows (Unaudited) From June 16,
      1998 (Date of Incorporation) To June 30, 1998..................     5

      Notes to Financial Statements..................................     6

Item 2 -     Management's Discussion and Analysis of Financial 
             Condition and Results of Operations......................    7

                           PART II - OTHER INFORMATION

Item 1 -     Legal Proceedings.......................................     8

Item 2 -     Changes in Securities...................................     8

Item 3 -     Defaults Upon Senior Securities.........................     8

Item 4 -     Submission of Matters to a Vote of Security-Holders.....     8

Item 5 -     Other Information.......................................     8

Item 6 -     Exhibits and Reports on Form 8-K........................     8

Signatures...........................................................     9



                                       2
<PAGE>
<TABLE>
<CAPTION>
                                IBL Bancorp, Inc.

                        STATEMENT OF FINANCIAL CONDITION

                                  June 30, 1998
                                   (Unaudited)




                                     ASSETS
<S>                                                                  <C>
Assets:
            Total Assets .....................................       $      --

                       LIABILITIES AND STOCKHOLDER EQUITY

Liabilities
      Total Liabilities ......................................       $      --

Stockholder's Equity:
      Common Stock, Par Value $.01, 5,000,000
            Shares Authorized; 0 Shares Issued and
            Outstanding ......................................              --

      Retained Earnings ......................................              --

            Total Stockholder's Equity .......................              --


      Total Liabilities and Stockholder's
      Equity .................................................       $      --



</TABLE>
                 See accompanying notes to financial statements.


                                       3
<PAGE>
<TABLE>
<CAPTION>



                                IBL Bancorp, Inc.

                               STATEMENT OF INCOME

                                   (Unaudited)



                                                     For the Period from
                                                        June 12, 1998
                                                   (Date of Incorporation)
                                                      to June 30, 1998
                                                    ---------------------------- 

<S>                                                           <C>
Total Income ...............................                  $--     
Total Expense ..............................                   --     
                                                              -----   
                                                                      
   Net Income ..............................                  $--     
                                                              =====   
                                                                      
Earnings Per Share .........................                  $--     
                                                              =====   
                                                           

</TABLE>
                 See accompanying notes to financial statements.


                                        4

<PAGE>
<TABLE>
<CAPTION>
                                IBL Bancorp, Inc.

                             STATEMENT OF CASH FLOWS

                     For the Period from June 16, 1998 (Date
                       of Incorporation) To June 30, 1998
                                   (Unaudited)




<S>                                                               <C>         
Cash Flows from Operating Activities:
  Net Income .............................................        $         --
  Adjustments to Reconcile Net Income to Net Cash
      Provided by Operating Activities:
           Changes in Assets and Liabilities:
                (Increase) Decrease in Receivable ........                  --
      Net Cash Provided by Operating Activities ..........                  --

Cash Flows from Investing Activities:
      Net Cash Provided by Investing Activities ..........                  --

Cash Flows from Financing Activities:
      Net Cash Provided by Financing Activities ..........                  --

Increase in Cash and Cash Equivalents ....................                  --

Cash and Cash Equivalents at Beginning of Period .........                  --

Cash and Cash Equivalents at End of Period ...............        $         --
                                                                  ==============


</TABLE>
 

                 See accompanying notes to financial statements.


                                        5
<PAGE>
                                IBL Bancorp, Inc.

                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

                                  June 30, 1998

Note 1 - Basis of Presentation -

      On June  16,  1998,  The  Iberville  Building  and Loan  Association  (the
"Association")  incorporated IBL Bancorp, Inc. (the "Company") to facilitate the
conversion of the Association from mutual to stock form (the  "Conversion").  In
connection  with the  Conversion,  the Company  offered its common  stock to the
depositors  and  borrowers  of the  Association  as of  specified  dates,  to an
employee  stock  ownership  plan  and to  members  of the  general  public.  The
Conversion  is expected to be  consummated  on September 28, 1998, at which time
the Company will become the holding company for the Association and issue shares
of its common stock to the general public.

      The Company filed a Form SB-2 with the Securities and Exchange  Commission
("SEC") on June 24, 1998, which as amended was declared  effective by the SEC on
August  12,  1998.  The  Association  filed a Form AC with the  Office of Thrift
Supervision ("OTS") and the Louisiana Office of Financial  Institutions  ("OFI")
on or about June 24, 1998. The Form AC and related offering and proxy materials,
as amended, were conditionally approved by the OTS by letters dated August 5 and
August 12, 1998 and by the OFI by letter dated August 14, 1998. The Company also
filed an  Application  H-(e) 1-S with the OTS and OFI on or about  July 1, 1998,
which was  conditionally  approved by the OTS and OFI by letters  dated August 5
and August 14, 1998,  respectively.  The members of the Association approved the
Plan at a special meeting held on September 22, 1998, and the  subscription  and
community offerings closed on September 16, 1998.

      In connection with the  incorporation  of the Company,  the Company issued
100 shares of common stock to the  Association  subsequent to June 30, 1998. The
shares will be cancelled upon consummation of the Conversion, and the Conversion
will be accounted for under the pooling of interests method of accounting.

      The  Company  received  orders for 210,870  shares of common  stock in the
subscription  and  community  offerings  at a price of  $10.00  per  share,  for
aggregate  gross proceeds of $2,108,700.  The  consummation of the Conversion is
subject to regulatory approval of the final appraisal update and satisfaction of
other customary conditions.

      The  accompanying   unaudited   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.  However,  all adjustments  (consisting only of
normal recurring  accruals)  which, in the opinion of management,  are necessary
for a fair presentation of the financial statements have been included.


                                        6
<PAGE>
Note 2 - Earnings Per Share -

      Earnings per share is not considered  meaningful as the Conversion has not
      yet been  completed,  the Company has not engaged in any operations  other
      than  to  facilitate  the  Conversion,  and  no  shares  were  issued  and
      outstanding at June 30, 1998.

Item 2 - Management's Discussion and Analysis of Financial Condition and Results
         of Operations

           IBL Bancorp, Inc is a Louisiana corporation organized in June 1998 by
      the  Association  for the purpose of becoming a unitary holding company of
      the Association.  The Company will acquire all of the capital stock of the
      Association  in exchange for 50% of the net  Conversion  proceeds and will
      issue  shares of its common stock to persons who  submitted  orders in the
      subscription   and   community   offerings.   Immediately   following  the
      Conversion, the only significant assets of the Company will be the capital
      stock  of the  Association,  the  Company's  loan  to the  ESOP,  and  the
      remainder  of  the  net  Conversion  proceeds  retained  by  the  Company.
      Initially,  the business  and  management  of the Company  will  primarily
      consist of the business and management of the Association.  Initially, the
      Company will neither own nor lease any property,  but will instead use the
      premises, equipment and furniture of the Association. At the present time,
      the Company does not intend to employ any persons  other than  officers of
      the  Association,  and the Company will  utilize the support  staff of the
      Association  from  time to  time.  Additional  employees  will be hired as
      appropriate  to the extent the Company  expands or changes its business in
      the future.

           Management  believes that the holding company  structure will provide
      the Company with additional flexibility to diversify,  should it decide to
      do  so,  its  business   activities   through  existing  or  newly  formed
      subsidiaries,  or through  acquisitions of or mergers with other financial
      institutions and financial services related companies.  Although there are
      no current  arrangements,  understandings or agreements,  written or oral,
      regarding any such opportunities or transactions, the Company will be in a
      position,  subject to regulatory  limitations and the Company's  financial
      position,  to take advantage of any such opportunities that may arise. The
      initial  activities  of the  Company are  anticipated  to be funded by the
      proceeds  retained by the Company and earnings thereon or,  alternatively,
      through dividends from the Association.

      To date, the Company has not engaged in any business activities other than
      those related to the Conversion.


                                        7
<PAGE>
                                IBL Bancorp, Inc.
                                   Form 10-QSB
                          Quarter Ended March 31, 1998

                           PART II - OTHER INFORMATION

Item 1 -    Legal Proceedings:
            There are no matters required to be reported under this item.

Item 2 -    Changes in Securities:
            There are no matters required to be reported under this item.

Item 3 -    Defaults Upon Senior Securities:
            There are no matters required to be reported under this item.

Item 4 -    Submission of Matters to a Vote of Security Holders:

            There are no matters required to be reported under this item.

Item 5 -    Other Information:

            There are no matters required to be reported under this item.

Item 6 -    Exhibits and Reports on Form 8-K:
            (a)   The following exhibit is filed herewith:

                  EXHIBIT NO.            DESCRIPTION
                  -----------            -----------

                     27.1                Financial Data Schedule

                     99.1                Information for the Association in the 
                                         format of a Form 10-QSB for the quarter
                                         ended June 30, 1998.

            (b)   Reports on Form 8-K:
                  No reports on Form 8-K were filed by the Registrant during the
                  quarter ended June 30, 1998.


                                        8

<PAGE>


                                   SIGNATURES


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


                                                IBL BANCORP, INC.
                                                Registrant


Date: September 22, 1998                        By:/s/ G. Lloyd Bouchereau, Jr.
                                                   ----------------------------
                                                   G. Lloyd Bouchereau, Jr.
                                                   President and Chief Executive
                                                         Officer