SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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

                                   FORM 10-QSB

(Mark One)
 [ X ]  QUARTERLY  REPORT  PURSUANT TO SECTION 13 OR 15(d) OF THE
        SECURITIES EXCHANGE ACT OF 1934 For the quarterly period
        ended June 30, 2000.

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

        For the transition period from _______________ to _______________

                         Commission File Number 0-27747


                              DOLLAR BANCORP, INC.
                              --------------------
             (Exact name of registrant as specified in its charter)

         Delaware                                      52-2197122
------------------------------                    ----------------------
(State or other jurisdiction of             (IRS Employer Identification number)
incorporation or organization)


                  893 Franklin Avenue, Newark, New Jersey 07107
                    (Address of principal executive offices)

Registrant's telephone number, including area code:            (973) 483-0001
                                                               --------------



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

     Indicate  by check mark  whether the  Registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934 during the preceding 12 months (or such shorter  period that the Registrant
was  required  to file such  reports),  and (2) has been  subject to such filing
requirements for the past 90 days. Yes /X/ No / /

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

     Indicate the number of shares  outstanding of each of the issuer's  classes
of stock, as of the latest practicable date: 76,000 shares of common stock

         Transitional Small Business Disclosure Format (check one):

Yes  /   / No  /X/




<PAGE>




                              DOLLAR BANCORP, INC.

                                      INDEX


                                                                       Page

PART I.           FINANCIAL INFORMATION

                  Item 1. Financial Statements

                  Balance Sheets as of
                    June 30, 2000 and March 31, 2000                   1

                  Statements of Operations for the
                    three months months ended
                    June  30, 2000 and 1999                            2

                  Statements of Stockholders' Equity
                    for the three months ended
                    June 30, 2000                                      3

                  Statements of Cash Flows for the
                    three  months ended June 30, 2000 and 1999         4

                  Notes to Financial Statements                        5

                  Item 2. Management's Discussion and Analysis
                          of Financial Condition and Results of
                          Operations                                   6

                  Item 3.  Quantitative and Qualitative                6
                  Disclosures about market risk

PART II.          OTHER INFORMATION                                    7




<PAGE>



PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS


                              Dollar Bancorp, Inc.
                              Balance Sheets as of
                        June 30, 2000 and March 31, 2000


<TABLE>
<CAPTION>
                                                           At                         At
                                                       June 30, 2000           March 31, 2000
                                                       -----------             --------------
                                                       (unaudited)                (audited)

Assets

<S>                                                     <C>                        <C>
   Cash                                                 $249,585                   $409,871
       --------------------------------------------
   Interest bearing deposits                           2,575,475                  3,165,806
                            -----------------------
   Mortgage-backed securities                             18,744                     20,879
                             ----------------------
   Loans receivable, net                               6,237,219                  5,972,866
                        ---------------------------
   Premises & equipment                                  284,508                    287,852
                       ----------------------------
   Real estate acquired in settlement of loans           275,175                    275,175
                                              -----
   Stock in federal home loan bank                        56,500                     56,500
                                  -----------------
   Refundable income taxes                                 2,273                      2,273
                          -------------------------
   Prepaid income tax                                      9,442                      9,442
                      -----------------------------
   Other assets                                           30,275                     22,612
               ------------------------------------       ------                     ------


Total Assets                                          $9,739,196                $10,223,676
                                                      ==========                ===========



Liabilities

   Deposits                                           $8,107,618                 $8,610,553
           ----------------------------------------
   Advances for taxes and insurance                       49,512                     60,261
                                   ----------------
   Other liabilities                                      52,751                     67,498
                    -------------------------------       ------                     ------


Total liabilities                                     $8,209,881                 $8,738,312
                                                       ---------                  ---------

Stockholders' Equity


   Common Stock, $.01 per share;
     76,000 shares issued                                   $760                       $760
                         --------------------------
   Additional paid in capital                            629,382                    629,382
                             ----------------------
   Retained earnings                                     899,173                    854,822
                    -------------------------------

Total Stockholders' Equity                            $1,529,315                 $1,484,964
                                                       ---------                  ---------

Total liabilities and  Stockholders' Equity           $9,739,196                $10,223,276
                                                      ==========                ===========
</TABLE>


<PAGE>




                              Dollar Bancorp, Inc.
                            Statements of Operations
                           For the three months ended
                             June 30, 2000 and 1999
                                   (Unaudited)


<TABLE>
<CAPTION>

                                                 For the three months ended
                                                        June 30,
                                                 ---------------------
                                                   2000           1999
                                                 ---------    --------
Interest Income:
<S>                                               <C>            <C>
   Loans                                          $169,695       $135,876
        ---------------------------------------
   Mortgage-backed securities                          421            604
                             ------------------
   Other                                            48,547         34,403
        ---------------------------------------     ------         ------
      Total interest income                        218,662        170,883
                                                   -------        -------

Interest expense
   Deposits:
      Savings                                       24,322         23,322
             ----------------------------------
      Time                                          38,077         29,153
          -------------------------------------     ------         ------
        Total interest expense                      62,399         52,475
                                                    ------         ------

Net interest income                                156,263        118,408
Provision for loan losses                                0              0
                         ----------------------

Net interest income after provision
   for loan losses                                 156,263        118,408
                                                   -------        -------

Non-interest income:
   Loan fees and service charges                    30,596          4,099
                                ---------------
   Other                                             4,503          3,766
        ---------------------------------------      -----          -----
        Total non-interest income                   35,099          7,865
                                                    ------          -----

Non-interest expense:
   Salaries and employee benefits                   71,365         51,646
                                 --------------
   Net occupancy expense of premises                 6,927          3,288
                                    -----------
   Equipment                                         5,098          1,896
            -----------------------------------
   Federal insurance premium                           448          1,219
                            -------------------

   Loss from real estate operations                  3,836              0
                                   ------------
   Other                                            59,337         60,833
        ---------------------------------------     ------         ------
        Total non-interest expense                 147,011        118,882
                                                   -------        -------

Income (Loss) before income taxes                   44,351          7,391
Income taxes                                             0              0
            -----------------------------------
       Net Income                                  $44,351         $7,391
                                                   =======         ======
</TABLE>



<PAGE>



                              Dollar Bancorp, Inc.
                        Statement of Stockholders' Equity
                        Three months ended June 30, 2000
                                   (Unaudited)

<TABLE>
<CAPTION>

                                            Common        Additional       Retained       Total
                                            stock         paid-in          earnings       stockholders'
                                                          capital                         equity


<S>                                              <C>      <C>               <C>               <C>
Balance, March 31, 2000                          $760     $ 629,382         $854,822          $1,484,964
                       --------------------

Net Income                                                                   $44,351             $44,351
          ---------------------------------


Balance, June 30, 2000                           $760      $629,382         $899,173          $1,529,315

</TABLE>


<PAGE>



                              Dollar Bancorp, Inc.
                            Statements of Cash Flows
                    Three months ended June 30, 2000 and 1999
                                   (Unaudited)
<TABLE>
<CAPTION>

                                                                            June 30,                  June 30,
                                                                              2000                      1999
Cash flows from operating activities:
<S>                                                                      <C>                       <C>
     Net income                                                          $   44,351                $     7,391
               ---------------------------------------------------
     Adjustments to reconcile net income (loss) to net
         cash provided by operating activities
         Amortization of deferred loan fees                                 (2,721)                      (780)
                                           -----------------------
         Depreciation of premises and equipment                               3,344                      3,164
                                               -------------------
         Provision for losses on loans and real estate                            0                          0
                                                      ------------
         Loss on sale of loans                                                    0                          0
                              ------------------------------------
         Loss on sale of real estate acquired in settlement of
         loans                                                                    0                          0
              ----------------------------------------------------
         Decrease in refundable income taxes                                      0                          0
                                            ----------------------
         (Increase) in other assets                                         (7,663)                    (5,947)
                                   -------------------------------
         (Decrease) increase in other liabilities                          (14,747)                     15,967
                                                 -----------------
         (Decrease) in accrued interest payable on
           deposits                                                           (517)                   (10,130)
                   -----------------------------------------------            -----                   --------

Net cash provided by(used in) operating activities                           22,047                      9,665
                                                                             ------                      -----

Cash flows from investing activities:
     Proceeds from redemption of Federal Home Loan
         Bank stock                                                               0                          0
                   -----------------------------------------------
     Principal repayment on mortgage-backed securities                        2,135                      1,740
                                                      ------------
     Proceeds from sales of loans                                                 0                          0
                                 ---------------------------------
     Proceeds from sales of real estate acquired in settlement
          of loans                                                                0                          0
                  ------------------------------------------------
     Net (increase) decrease in loans receivable                          (261,632)                    318,403
                                                ------------------
     Purchase of equipment                                                        0                          0
                          ----------------------------------------        ---------                    -------

Net cash (used in) provided by investing activities                       (259,497)                    320,143
                                                                          ---------                    -------

Cash flows from financing activities:
     Net (decrease) increase in deposits                                  (502,418)                    490,537
                                        --------------------------
     (Decrease) in advance payments by borrowers
          for taxes and insurance                                          (10,749)                   (31,165)
                                 ---------------------------------         --------                   --------


Net cash (used in) provided by financing activities                       (513,167)                    459,372
                                                                          ---------                    -------

Net (decrease) increase in cash and cash equivalents                      (750,617)                    789,180
Cash and cash equivalents, beginning                                      3,575,677                  2,818,435
                                                                          ---------                  ---------

Cash and cash equivalents, ending                                      $  2,825,060              $   3,607,615
                                                                       ============              =============

</TABLE>


<PAGE>




(1)      Basis of Presentation
         ---------------------

     The accompanying unaudited financial statements were prepared in accordance
with instructions for Form 10-QSB and therefore,  do not include information for
footnotes necessary for a complete  presentation of financial position,  results
of operations,  and cash flows in conformity with generally accepted  accounting
principles.  The following material under the heading  "Management's  Discussion
and Analysis of Financial  Condition and Results of  Operations" is written with
the presumption that the users of the interim financial statements have read, or
have access to the latest  audited  financial  statements  and notes  thereto of
Dollar Bancorp, Inc. (the "Company").

     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 in the results of  operations  for the
three month period ending June 30, 2000.

     Operating  results for the three month  period  ended June 30, 2000 are not
necessarily  indicative  of the results that may be expected for the fiscal year
ending March 31, 2001.

(2)      Holding Company Reorganization
         ------------------------------

     At a Special Meeting of Stockholders held September 20, 1999,  stockholders
of Dollar Savings Bank (the "Bank") approved the reorganization of the Bank into
the  holding  company  structure,  whereby  the  Bank  became  the  wholly-owned
subsidiary of the Company, a Delaware corporation. Each outstanding share of the
Bank's common stock, par value $1.00 per share, was automatically converted into
one share of the  Company's  common  stock,  par value $.01 per share.  The Bank
completed the reorganization on October 20, 1999.

(3)      Earnings per share
         ------------------

     Earnings per share are based upon the outstanding common shares or
76,000  shares.  The earnings per share for the three months ended June 30, 2000
was $.58.

(4)      Book value per share
         --------------------

     The book value per share is based upon the outstanding common shares or
76,000 shares. The book value per share at June 30, 2000 was $20.25.




<PAGE>



ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS

Forward Looking Statements

         In addition to historical  information,  this Quarterly Report contains
forward-looking  statements.  The forward-looking  statements  contained in this
document are subject to certain risks and uncertainties  that could cause actual
results  to  differ  materially  from  those  projected  in the  forward-looking
statements.  Important factors that might cause such a difference  include,  but
are not limited to,  those  discussed  in this  section  entitled  "Management's
Discussion  and  Analysis of  Financial  Condition  and Results of  Operations."

     Readers shouldn't place undue reliance on these forward-looking statements,
as they reflect management's analysis as of the date of this report. The Company
has no  obligation  to update  or revise  these  forward-looking  statements  to
reflect  events or  circumstances  that  occur  after  the date of this  report.
Readers should carefully review the risk factor described in other documents the
Company files from time to time with the  Securities  and Exchange  Commissison,
including reports filed on Form 8-K.

Comparison of Financial Condition at June 30, 2000 and March 31, 2000

Assets

     Total assets decreased  $484,480,  or 4.7%, to $9,739,196 at June 30, 2000,
from  $10,223,676  at March 31, 2000. The decrease in total assets was primarily
attributable to a $590,331  decrease in interest bearing deposits and a $160,286
decrease in cash,  which were partially  offset by a $264,353  increase in loans
receivable, net, and a $7,663 increase in other assets.

Liabilities

     Total  liabilities  decreased by $528,431,  or 6.05%, to $8,209,881 at June
30, 2000 from  $8,738,312  at March 31, 2000.  Deposits  decreased to $8,107,618
from $8,610,553,  advances for taxes decreased to $49,512 from $60,261 and other
liabilities  including  accrued  expenses and uncashed bank checks  decreased to
$52,751 from $67,498.

Stockholders' Equity

     Stockholders'  equity increased by $44,351,  or 3.0%, to $1,529,315 at June
30, 2000 from $1,484,964 at March 31, 2000. The increase in stockholders' equity
is  attributable  to the  Company's  net income of $44,351  for the three  month
period.

Comparison  of  Operating  Results for the Three  Months Ended June 30, 2000 and
June 30, 1999

Net Income

     Net income increased $36,960 to $44,351 for the three months ended June 30,
2000 from $7,391 for the three months  ended June 30, 1999.  The increase in net
income  resulted  primarily  from a $47,779  increase in  interest  income and a
$27,234  increase  in  non-interest  income  which  was  partially  offset by an
increase in interest  expense of $9,924 and an increase in non-interest  expense
of $28,129.







<PAGE>



Interest Income

     Interest  income  increased  $47,779,  or 28.0%,  to $218,662 for the three
months  ended  June 30,  2000 from  $170,883  for the three  months  ended  June
30,1999. The increase in interest income was attributed to a $33,819 increase in
interest  income  attributable  to loans,  a $14,144  increase in other interest
income  which was  partially  offset by a slight  decrease  in  interest  income
attributable to mortgage-backed securities of $183.

Interest Expense

     Interest  expense  increased  $9,924,  or 18.9%,  to $62,399  for the three
months  ended June 30,  2000 from  $52,475 for the three  months  ended June 30,
1999. This increase was due to a $1,000 increase in the cost of savings deposits
and a $8,924 increase in the cost of time deposits.

Provision for Loan Losses

     The Company did not  establish a provision for loan losses during the three
month period ended June 30, 2000 and the three month period ended June 30, 1999.
The Company  maintains  its  allowance  for loan losses based upon  management's
periodic  evaluation  of known or  inherent  risks  in the loan  portfolio,  the
Company's past loss experience, level of delinquencies,  adverse situations that
may affect a  borrower's  ability to repay a loan,  the  estimated  value of the
underlying collateral, and market conditions. The Company did not experience any
loss from real estate  operations during the three months ended June 30, 2000 or
June 30, 1999.

Non-Interest Income

     Non-interest  income increased $27,234, or 346.3%, to $35,099 for the three
months ended June 30, 2000 from $7,865 for the three months ended June 30, 1999.
The increase was due to a $26,497  increase in loan fees and service charges and
a slight  increase in other  non-interest  income  consisting  primarily of fees
generated by executing money orders.

Non-Interest Expense

     Non-interest  expense increased $28,129 or 23.7%, to $147,011 for the three
months  ended June 30, 2000 from  $118,882  for the three  months ended June 30,
1999.  The  increase  was  primarily  due to a $19,719  increase in salaries and
employees  benefits,  a $3,639 increase in net occupancy expense of premises,  a
$3,202 increase in equipment expense, a $3,836 increase in loss from real estate
operations,  which  were  partially  offset by a decrease  in federal  insurance
premiums of $771 and a $1,496 decrease in other non-interest expenses.

Income Tax Expense

     The Company did not incur any income tax  expense  during the three  months
ended  June 30,  2000 and June 30,  1999.  This is due to a net  operating  loss
carryover from previous years.

 ITEM 3.        QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.


     The Company's most  significant  form of market risk is interest rate risk,
as the majority of the Company's assets and liabilities are sensitive to changes
in interest rates. The Company's assets consist primarily of fixed rate mortgage
loans (the  majority of which have five year balloon  terms),  which have longer
maturities than the Company's  liabilities  which consist primarily of deposits.
The Company's mortgage loan portfolio,  consisting primarily of loans secured by
residential  real  property  located in Essex  County,  is also subject to risks
associated with the local economy.  The Company does not own any trading assets.
At June 30, 2000,  the Company did not have any hedging  transactions  in place,
such as  interest  rate  swaps  and  caps.  The  Company's  interest  rate  risk
management  focuses  primarily on evaluating and managing the composition of the
Company's


<PAGE>



assets  and  liabilities  in the  context of various  interest  rate  scenarios.
Factors  beyond  management's   control,  such  as  market  interest  rates  and
competition, also have an impact on interest income and interest expense.

     During the quarter ended June 30, 2000,  there were no significant  changes
in the Company's assessment of market risk.

PART II.          OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

     There are various  claims and  lawsuits  in which the Bank is  periodically
involved incidental to the Company's business. In the opinion of management,  no
material loss is expected from any of such pending claims or lawsuits.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

         (a) Changes in Securities.

         Not applicable.

         (b) Use of proceeds.

         Not applicable

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

         Not applicable.

ITEM 4.  SUBMISSION OF MATTERS TO SECURITY HOLDERS

         Not applicable

ITEM 5.  OTHER INFORMATION

         None

ITEM 6.  EXHIBITS AND REPORT ON FORM 8-K.

         Exhibit 27   Edgar Financial Data Schedule.



<PAGE>


                                   SIGNATURES

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


                                            DOLLAR BANCORP, INC.


Date:    August 10, 2000          By:      \s\ Robert DeMane
                                           -----------------
                                           Robert DeMane
                                           President and Chief Executive Officer



Date:    August 10, 2000           By:      \s\ Susan L. Velardi
                                            --------------------
                                            Susan L. Velardi
                                            Vice President and Treasurer


<PAGE>