UNITED STATES

                     SECURITIES AND EXCHANGE COMMISSION

                          Washington, D. C.  20552

                                  FORM 10-Q/A

                               (Amendment No. 1)


[X]  Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the quarterly period ended December 31, 1997.

[ ]  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         0-24948
                       ---------------------------------------------------

                           PVF Capital Corp.
--------------------------------------------------------------------------
       ( Exact name of registrant as specified in its charter)

             United States                           34-1659805
--------------------------------------------------------------------------
    (State or other jurisdiction of               (I.R.S. Employer
     incorporation or organization)              Identification No.)

     25350 Rockside Road, Bedford Heights, Ohio             44146
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    (Address of principal executive offices)              (Zip Code)

                             (216) 439-2200
--------------------------------------------------------------------------
           (Registrant's telephone number, including area code)

                             Not Applicable
--------------------------------------------------------------------------
(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 for such shorter period that the 
registrant was required to file such reports), and (2) has been subject to 
such filing requirements for the past 90 days.

                                          YES  X     NO
                                              ---       ---

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

    Common Stock, $0.01 Par Value                   2,659,077
-------------------------------------    ---------------------------------
               (Class)                   (Outstanding at January 31, 1998)
<PAGE>

PART I   FINANCIAL INFORMATION
ITEM 1

                                PVF CAPITAL CORP.
                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                     DECEMBER 31,     JUNE 30,
                        ASSETS                                          1997            1997
                        ------                                       -----------    -----------
<S>                                                                 <C>            <C>
Cash and amounts due from depository institutions                     $3,248,252     $7,760,029
Interest bearing deposits                                                348,840        445,401
Federal funds sold                                                     2,875,000      1,375,000
Investment securities held to maturity, at cost                       10,995,974     13,995,350
Loans receivable, net                                                363,917,506    341,402,566
Loans receivable held for sale, net                                    1,582,704        709,604
Mortgage-backed securities held to maturity, net                       3,390,177        511,530
Office properties and equipment, net                                   1,760,283      1,882,390
Real estate owned, net                                                 1,101,186              0
Real estate in development                                               917,262        909,758
Investment required by law
   Stock in the Federal Home Loan Bank of Cincinnati                   2,867,313      2,762,314
Prepaid expenses and other assets                                      3,209,636      1,327,358
                                                                    ------------   ------------

Total Assets                                                        $396,214,133   $373,081,300
                                                                    ------------   ------------
                                                                    ------------   ------------

       LIABILITIES AND STOCKHOLDERS' EQUITY
       ------------------------------------

Liabilities
   Deposits                                                         $316,006,253   $288,269,674
   Advances from the Federal Home Loan Bank of Cincinnati             39,865,551     47,405,424
   Notes payable                                                       1,710,000      2,310,000
   Advances from borrowers for taxes and insurance                     4,772,528      4,511,595
   Accrued expenses and other liabilities                              5,021,402      4,311,191
                                                                    ------------   ------------

Total Liabilities                                                    367,375,734    346,807,884

Stockholders' Equity
   Serial preferred stock, none issued                                         0              0
   Common stock                                                           26,591         25,556
   Paid in capital                                                    14,525,448     14,522,275
   Retained earnings-substantially restricted                         14,286,360     11,725,585
                                                                    ------------   ------------
Total Stockholders' Equity                                            28,838,399     26,273,416

                                                                    ------------   ------------
Total Liabilities and Stockholders' Equity                          $396,214,133   $373,081,300
                                                                    ------------   ------------
                                                                    ------------   ------------
</TABLE>

See accompanying notes to consolidated financial statements


                                    PAGE 1
<PAGE>

PART I   FINANCIAL INFORMATION
ITEM 1

                                PVF CAPITAL CORP.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                          THREE MONTHS ENDED            SIX MONTHS ENDED
                                                                             DECEMBER 31,                 DECEMBER 31,
                                                                      -------------------------    --------------------------
                                                                         1997           1996          1997           1996
<S>                                                                   <C>            <C>           <C>            <C>
Interest income
   Loans                                                              $8,227,571     $7,272,036    $16,101,911    $14,302,570
   Mortgage-backed securities                                             43,656         85,084         53,429        265,467
   Cash and investment securities                                        298,193        305,281        609,924        630,603
                                                                      ----------     ----------    -----------    -----------

      Total interest income                                            8,569,420      7,662,401     16,765,264     15,198,640
                                                                      ----------     ----------    -----------    -----------
                                                                      ----------     ----------    -----------    -----------

Interest expense
   Deposits                                                            4,184,766      3,529,625      8,345,511      6,985,822
   Borrowings                                                            597,609        569,867      1,119,921      1,129,238

                                                                      ----------     ----------    -----------    -----------
      Total interest expense                                           4,782,375      4,099,492      9,465,432      8,115,060
                                                                      ----------     ----------    -----------    -----------

      Net interest income                                              3,787,045      3,562,909      7,299,832      7,083,580

Provisions for loan losses                                                50,000              0         95,000              0

                                                                      ----------     ----------    -----------    -----------
      Net interest income after provision for loan losses              3,737,045      3,562,909      7,204,832      7,083,580
                                                                      ----------     ----------    -----------    -----------
                                                                      ----------     ----------    -----------    -----------

Noninterest income, net
   Service and other fees                                                127,413        119,879        264,548        241,592
   Mortgage banking activities, net                                      198,541        151,931        387,256        188,313
   Other, net                                                             41,071         23,042        140,657         98,940

                                                                      ----------     ----------    -----------    -----------
      Total noninterest income, net                                      367,025        294,852        792,461        528,845
                                                                      ----------     ----------    -----------    -----------

Noninterest expense
   Compensation and benefits                                           1,147,110      1,081,052      2,252,432      2,166,089
   Office, occupancy, and equipment                                      388,328        414,010        787,545        791,285
   Federal deposit insurance special assessment                                0              0              0      1,707,867
   Other                                                                 568,316        572,504      1,069,711      1,157,845

                                                                      ----------     ----------    -----------    -----------
      Total noninterest expense                                        2,103,754      2,067,566      4,109,688      5,823,086
                                                                      ----------     ----------    -----------    -----------

      Income before federal income tax provision                       2,000,316      1,790,195      3,887,605      1,789,339

Federal income tax provision                                             699,000        609,000      1,325,000        619,000

                                                                      ----------     ----------    -----------    -----------
      Net income                                                      $1,301,316     $1,181,195    $ 2,562,605    $ 1,170,339

Basic earnings per share                                              $     0.50     $     0.46    $      0.99    $      0.46
                                                                      ----------     ----------    -----------    -----------
                                                                      ----------     ----------    -----------    -----------

Diluted earnings per share                                            $     0.48     $     0.43    $      0.95    $      0.43
                                                                      ----------     ----------    -----------    -----------
                                                                      ----------     ----------    -----------    -----------
</TABLE>

See accompanying notes to consolidated financial statements

                                    PAGE 2
<PAGE>

PART I   FINANCIAL INFORMATION
ITEM 1

                                PVF CAPITAL CORP.
                     CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                                             SIX MONTHS ENDED
                                                                                               DECEMBER 31ST
                                                                                         -------------------------
                                                                                            1997           1996
                                                                                            ----           ----
<S>                                                                                      <C>            <C>
OPERATING ACTIVITIES
   Net Income                                                                            $2,562,605     $1,170,339
   Adjustments to reconcile net income to net cash provided by operating activities      
      Accretion of discount on securities                                                      (624)          (625)
      Depreciation and amortization                                                         228,088        237,230
      Provision for losses on loans                                                          95,000              0
      Provision for lower of cost or market adjustment on loans held for sale                     0         81,930
      Accretion of unearned discount and deferred loan origination fees, net               (601,011)      (726,397)
      Change in loans receivable held for sale, net                                        (692,529)     9,594,212
      Gain on sale of loans, net                                                           (180,571)      (152,748)
      Loss on mortgage-backed securities available for sale, net                                  0         65,086
      Gain on disposal of real estate owned, net                                            (13,009)             0
      Change in accrued interest on investments, loans, and borrowings, net                (186,627)      (216,931)
      Change in other assets and other liabilities, net                                  (1,155,940)      (317,822)

                                                                                         ----------     ----------
         Net cash provided by operating activities                                           55,382      9,734,274
                                                                                         ----------     ----------

INVESTING ACTIVITIES
      Loan and mortgage-backed securities repayments and originations, net              (22,870,170)   (44,753,626)
      Proceeds from mortgage-backed securities available for sale                                 0     12,738,470
      Mortgage-backed securities held to maturity purchases, net                         (3,017,178)             0
      Investment securities held to maturity purchases                                   (3,000,000)             0
      Investment securities maturities                                                    6,000,000        100,000
      Disposal of real-estate owned properties                                              257,815
      FHLB stock purchases dividends, net                                                  (105,981)      (261,121)
      Office properties and equipment (purchases) sales, net                               (104,999)       319,000
      Change in real estate in development, net                                              (7,504)       (34,551)

                                                                                         ----------     ----------
         Net cash used in investing activities                                          (22,848,017)   (31,891,828)
                                                                                         ----------     ----------

FINANCING ACTIVITIES
      Net increase in demand deposits, NOW, and passbook savings                          2,791,855        488,286
      Net increase in time deposits                                                      25,029,937      6,562,589
      Net increase (decrease) in FHLB advances                                           (7,539,873)     7,462,462
      Repayment of notes payable                                                           (600,000)      (200,000)
      Proceeds from exercise of stock options                                                 4,519              0
      Cash paid in lieu of fractional shares                                                 (2,141)        (1,349)

                                                                                         ----------     ----------
         Net cash provided by financing activities                                       19,684,297     14,311,988
                                                                                         ----------     ----------

Net decrease in cash and cash equivalents                                                (3,108,338)    (7,845,566)

Cash and cash equivalents at beginning of period                                          9,580,430     13,790,216
                                                                                         ----------     ----------
Cash and cash equivalents at end of period                                               $6,472,092     $5,944,650
                                                                                         ----------     ----------
                                                                                         ----------     ----------
</TABLE>

See accompanying notes to consolidated financial statements


                                    PAGE 3
<PAGE>

Part I Financial Information
Item 1

                                PVF CAPITAL CORP.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                           DECEMBER 31, 1997 AND 1996
                                  (UNAUDITED)

1.   The accompanying consolidated interim financial statements were prepared 
in accordance with regulations of the Securities and Exchange Commission for 
Form 10-Q.  All information in the consolidated interim financial statements 
is unaudited except for the June 30, 1997 consolidated statement of financial 
condition which was derived from the Corporation's audited financial 
statements.  Certain information required for a complete presentation in 
accordance with generally accepted accounting principles has been condensed 
or omitted.  However, in the opinion of management, these interim financial 
statements contain all adjustments, consisting only of normal recurring 
accruals, necessary to fairly present the interim financial information.  The 
results of operations for the three and six months ended December 31, 1997 
are not necessarily indicative of the results to be expected for the entire 
year ending June 30, 1998.  The results of operations for PVF Capital Corp. 
("PVF" or the "Company") for the periods being reported have been derived 
primarily from the results of operation of Park View Federal Savings Bank 
(the "Bank"). PVF Capital Corp.'s common stock is traded on the NASDAQ 
SMALL-CAP ISSUES under the symbol PVFC.

2.   Legislation was signed into law on September 30, 1996 to recapitalize 
the Savings Association Insurance Fund ("SAIF") that required SAIF-insured 
savings institutions to pay a one-time special assessment of 65.7 cents for 
every $100 of deposits.  This assessment was charged against earnings for the 
quarter ended September 30, 1996 and resulted in a pre-tax charge to the 
Company of approximately $1,708,000 and is reflected in the Statement of 
Operation for the six-month period ended December 31, 1996.

3.   PVF Holdings Inc., a newly formed subsidiary of PVF Capital Corp., made 
an investment in a company that will provide professional financial planning 
services to both individuals and small businesses throughout the Park View 
Federal branch system.

4.   Cash and cash equivalents consist of the following:

                                        December 31, 1997     June 30, 1997
                                        -----------------     -------------

Cash and amounts due from depository
 institutions                                 $ 3,248,252       $ 7,760,029
Interest-bearing deposits                         348,840           445,401
Federal funds sold                              2,875,000         1,375,000
                                              -----------       -----------
                                              $ 6,472,092       $ 9,580,430
                                              -----------       -----------
                                              -----------       -----------


                                    Page 4
<PAGE>

Part I Financial Information
Item 1

5.   In February 1997, the FASB issued SFAS No. 128, Earnings per Share, which
supersedes Accounting Principles Board (APB) No. 15, Earnings per Share, and 
replaces the presentation of primary and fully diluted earnings per share 
with basic and diluted earnings per share.  SFAS No. 128 was issued to 
simplify the computation of earnings per share and make the U.S. Standard 
more compatible with the earnings per share standards of other countries and 
that of the International Accounting Standards Committee (IASC).  SFAS No. 
128 is effective for financial statements for both interim and annual periods 
ending after December 15, 1997. The following table discloses pro forma EPS 
pursuant to SFAS No. 128 for the three and six months ended December 31, 1997 
and December 31, 1996.

<TABLE>
<CAPTION>
                                                                Three months ended December 31
                                                      1997                                              1996
                                     -----------------------------------------       ------------------------------------------
                                         Income        Shares      Per-Share             Income        Shares       Per-Share
                                       (Numerator)  (Denominator)    Amount            (Numerator)  (Denominator)     Amount
                                     -------------- -------------  -----------       -------------- -------------  ------------
<S>                                  <C>            <C>            <C>               <C>            <C>            <C>
Basic EPS
  Income available to
   common stockholders                 $1,301,316      2,626,555      $0.50            $1,181,195      2,555,562        $0.46

Effect of Dilutive Securities
  Stock options                                           97,998       0.02                              171,168         0.03

Diluted EPS
  Income available to
   common stockholders                 $1,301,316      2,724,553      $0.48            $1,181,195      2,726,730        $0.43

</TABLE>

<TABLE>
<CAPTION>
                                                                  Six months ended December 31
                                                      1997                                              1996
                                     -----------------------------------------       ------------------------------------------
                                         Income        Shares      Per-Share             Income        Shares       Per-Share
                                       (Numerator)  (Denominator)    Amount            (Numerator)  (Denominator)     Amount
                                     -------------- -------------  -----------       -------------- -------------  ------------
<S>                                  <C>            <C>            <C>               <C>            <C>            <C>
Basic EPS
  Income available to
   common stockholders                 $2,562,605      2,596,130      $0.99            $1,170,339      2,555,562        $0.46

Effect of Dilutive Securities
  Stock options                                           97,998       0.04                              171,168         0.03

Diluted EPS
  Income available to
   common stockholders                 $2,562,605      2,694,128      $0.95            $1,170,339      2,726,730        $0.43

</TABLE>

6.   Recently Issued Accounting Standards

SFAS No. 130, "Reporting Comprehensive Income" was issued in June, 1997 and 
is effective for fiscal years beginning after December 15, 1997.  The 
Statement requires additional reporting of items that affect comprehensive 
income but not net income.  Examples of these items relevant to the Company 
include unrealized gains and losses on securities.  Upon its adoption, this 
statement will result in additional financial statement disclosures.

SFAS No. 131, "Disclosures about Segments of an Enterprise and Related 
Information" was issued in June, 1997 and is effective for fiscal years 
beginning after December 15, 1997.  The statement requires financial 
disclosure and descriptive information about reportable operating segments.  
Upon its adoption, this statement will result in additional financial 
statement disclosures.


                                    Page 5
<PAGE>

                                  SIGNATURE

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

                                             PVF Capital Corp.
                                             -----------------
                                                (Registrant)


Date:  April  9, 1998                   /s/ C. Keith Swaney
      ------------------               ---------------------------------
                                       C. Keith Swaney
                                       Vice President and Treasurer