<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-Q


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

                        For Quarter Ended March 31, 2002

                        Commission File Number 000-24147


                           KILLBUCK BANCSHARES, INC.
             (Exact name of registrant as specified in its Charter)


           OHIO                                     34-1700284
           ----                                     ----------
(State or other jurisdiction of         (I.R.S. Employer Identification No.)
incorporation or organization)

                     165 N. Main Street, Killbuck, OH 44637
                     --------------------------------------
             (Address of principal executive offices and zip code)

                                 (330) 276-2771
                                 --------------
              (Registrant's telephone number, including area code)

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
                        ---               ---

State the number of shares outstanding for each of the issuer's classes of
common equity as of the latest practicable date:

     Class:  Common Stock, no par value
     Outstanding at April 30, 2002:  689,147
<PAGE>

                           KILLBUCK BANCSHARES, INC.

                                     Index

<TABLE>
<CAPTION>
                                                                             Page Number
                                                                             -----------
<S>                                                                          <C>
PART I. FINANCIAL INFORMATION
-----------------------------

Item 1.  Financial Statements (Unaudited):

         Consolidated Balance Sheet as of
           March 31, 2002 and December 31, 2001                                   3

         Consolidated Statements of Income for the
           three months ended March 31, 2002 and 2001                             4

         Consolidated Statements of Changes In Shareholders' Equity for the
           three months ended March 31, 2002                                      5

         Consolidated Statements of Cash Flows for the
           three months ended March 31, 2002 and 2001                             6

         Notes to Consolidated Financial Statements                               7

Item 2.  Management's Discussion and Analysis of Financial Condition
         And Results of Operations                                                8-14

PART II. OTHER INFORMATION
--------------------------

  Item 1.  Legal Proceedings                                                        15

  Item 2.  Changes in Securities                                                    15

  Item 3.  Default Upon Senior Securities                                           15

  Item 4.  Submissions of Matters to a Vote of Security Holders                     15

  Item 5.  Other Information                                                        15

  Item 6.  Exhibits and Reports on Form 8-K                                         15

SIGNATURES                                                                          16
----------
</TABLE>


                                      -2-
<PAGE>

                   Killbuck Bancshares, Inc. and Subsidiary
                    CONSOLIDATED BALANCE SHEET (UNAUDITED)
<TABLE>
<CAPTION>

                                                                   March 31,    December 31,
                                                                     2002          2001
                                                                 ------------   ------------
<S>                                                              <C>            <C>
ASSETS
  Cash and cash equivalents:
     Cash and amounts due from depository institutions           $  9,454,106   $  7,768,070
     Federal funds sold                                            13,200,000     22,500,000
                                                                 ------------   ------------
       Total cash and cash equivalents                             22,654,106     30,268,070
                                                                 ------------   ------------

  Investment securities:
     Securities available for sale                                 53,838,807     51,419,900
     Securities held to maturity (market value of $41,600,474
     and $40,734,605)                                              40,692,443     39,803,246
                                                                 ------------   ------------
       Total investment securities                                 94,531,250     91,223,146
                                                                 ------------   ------------

  Loans (net of allowance for loan losses of $2,291,190 and
   $2,260,555)                                                    153,751,416    149,560,961

  Loans held for sale                                                 167,500        593,200
  Premises and equipment, net                                       5,105,528      5,138,782
  Accrued interest receivable                                       2,141,237      1,508,784
  Goodwill, net                                                     1,329,249      1,329,249
  Other assets                                                      1,916,229      1,635,996
                                                                 ------------   ------------
       Total assets                                              $281,596,515   $281,258,188
                                                                 ============   ============

LIABILITIES
  Deposits:
     Noninterest bearing demand                                  $ 32,702,320   $ 32,198,109
     Interest bearing demand                                       33,722,149     32,659,909
     Money market                                                  16,738,385     15,169,110
     Savings                                                       34,690,474     33,247,687
     Time                                                         121,028,697    124,696,288
                                                                 ------------   ------------
       Total deposits                                             238,882,025    237,971,103
  Federal Home Loan Bank advances                                   4,974,894      5,226,732
  Short-term borrowings                                             3,815,000      4,295,000
  Accrued interest and other liabilities                              763,682        727,901
                                                                 ------------   ------------
       Total liabilities                                          248,435,601    248,220,736
                                                                 ------------   ------------

SHAREHOLDERS' EQUITY
  Common stock - No par value: 1,000,000 shares authorized,
   718,431 issued                                                   8,846,670      8,846,670
  Retained earnings                                                26,247,992     25,445,528
  Accumulated other comprehensive income                              131,624        493,654
  Treasury stock, at cost (29,284 and 25,144 shares)               (2,065,372)    (1,748,400)
                                                                 ------------   ------------
       Total shareholders' equity                                  33,160,914     33,037,452
                                                                 ------------   ------------
       Total liabilities and shareholders' equity                $281,596,515   $281,258,188
                                                                 ============   ============
</TABLE>
See accompanying notes to the unaudited consolidated financial statements.

                                      -3-
<PAGE>

                    Killbuck Bancshares, Inc. and Subsidiary
                  CONSOLIDATED STATEMENT OF INCOME (UNAUDITED)
<TABLE>
<CAPTION>


                                                   Three Months Ended
                                                        March 31,
                                                    2002         2001
                                                 ----------   ----------
<S>                                              <C>          <C>
INTEREST INCOME
  Interest and fees on loans                     $2,917,414   $3,719,864
  Federal funds sold                                 61,444      168,277
  Investment securities:
     Taxable                                        737,809      703,470
     Exempt from federal income tax                 444,548      400,531
                                                 ----------   ----------
       Total interest income                      4,161,215    4,992,142
                                                 ----------   ----------

INTEREST EXPENSE
  Deposits                                        1,587,926    2,405,592
  Federal Home Loan Bank advances                    86,023      102,195
  Short term borrowings                               1,329       29,994
                                                 ----------   ----------
       Total interest expense                     1,675,278    2,537,781
                                                 ----------   ----------

NET INTEREST INCOME                               2,485,937    2,454,361

  Provision for loan losses                          45,000       82,500
                                                 ----------   ----------

NET INTEREST INCOME AFTER PROVISION FOR LOAN
 LOSSES                                           2,440,937    2,371,861
                                                 ----------   ----------

OTHER INCOME
  Service charges on deposit accounts               142,128      132,198
  Gain on sale of loans, net                         35,538       10,838
  Other income                                       26,770       22,295
                                                 ----------   ----------
       Total other income                           204,436      165,331
                                                 ----------   ----------

OTHER EXPENSE
  Salaries and employee benefits                    787,459      739,878
  Occupancy and equipment expense                   244,395      235,735
  Professional fees                                  74,165       89,820
  Franchise tax                                      98,026       98,026
  Other expenses                                    385,302      399,207
                                                 ----------   ----------
       Total other expense                        1,589,347    1,562,666
                                                 ----------   ----------

INCOME BEFORE INCOME TAXES                        1,056,026      974,526
  Income taxes                                      253,562      249,300
                                                 ----------   ----------

NET INCOME                                       $  802,464   $  725,226
                                                 ==========   ==========

Earning per common share                              $1.16        $1.04
                                                 ==========   ==========

Weighted average shares outstanding                 691,251      698,661
                                                 ==========   ==========

</TABLE>



See accompanying notes to the unaudited consolidated financial statements.

                                      -4-
<PAGE>

                    Killbuck Bancshares, Inc. and Subsidiary

     CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED)
                       THREE MONTHS ENDED MARCH 31, 2002
<TABLE>
<CAPTION>

                                                                    Accumulated
                                                                       Other                         Total
                                            Common     Retained    Comprehensive     Treasury    Shareholders'   Comprehensive
                                            Stock      Earnings        Income         Stock          Equity          Income
                                          ----------  -----------  --------------  ------------  --------------  --------------
<S>                                       <C>         <C>          <C>             <C>           <C>             <C>

Balance, December 31, 2001                $8,846,670  $25,445,528      $ 493,654   $(1,748,400)    $33,037,452
  Net income                                              802,464                                      802,464       $ 802,464
  Purchase of Treasury stock                                                          (316,972)       (316,972)
  Other comprehensive income:
     Net unrealized loss on securities                                  (362,030)                     (362,030)       (362,030)
                                                                                                                 -------------
  Comprehensive income                                                                                               $ 440,434
                                           ---------    ---------        -------       -------       ---------   =============

Balance, March 31, 2002                   $8,846,670  $26,247,992      $ 131,624   $(2,065,372)    $33,160,914
                                          ==========  ===========      =========   ===========   =============

</TABLE>



See accompanying notes to the unaudited consolidated financial statements.

                                      -5-
<PAGE>

                    Killbuck Bancshares, Inc. and Subsidiary
                CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)
<TABLE>
<CAPTION>

                                                                    Three Months Ended
                                                                         March 31,
                                                                    2002          2001
                                                                 -----------   -----------
<S>                                                              <C>           <C>
Operating Activities
  Net income                                                     $   802,464   $   725,226
  Adjustments to reconcile net income to net cash provided by
   Operating activities:
     Provision for loan losses                                        45,000        82,500
     Gain on sale of loans                                           (35,538)      (10,838)
     Provision for depreciation and amortization                     159,729       129,332
     Origination of loans held for sale                           (4,061,013)   (1,059,900)
     Proceeds from the sale of loans                               4,522,251     1,590,738
     Federal Home Loan Bank stock dividend                                --       (18,100)
     Net change in:
       Accrued interest and other assets                            (726,186)     (427,652)
       Accrued expenses and other liabilities                         35,781         9,006
                                                                 -----------   -----------
          Net cash provided by operating activities                  742,488     1,020,312
                                                                 -----------   -----------

INVESTING ACTIVITIES
  Investment securities available for sale:
     Proceeds from maturities and repayments                       3,998,931    11,795,800
     Purchases                                                    (6,975,695)           --
  Investment securities held to maturity:
     Proceeds from maturities and repayments                         184,338       356,656
     Purchases                                                    (1,099,132)     (946,729)
  Net increase in loans                                           (4,235,455)   (3,529,953)
  Purchase of premises and equipment                                 (91,551)     (326,845)
                                                                 -----------   -----------
          Net cash (used in) provided by investing activities     (8,218,564)    7,348,929
                                                                 -----------   -----------

FINANCING ACTIVITIES
  Net decrease in demand, money market and savings deposits        4,578,513    (1,264,121)
  Net increase in time deposits                                   (3,667,591)    4,993,499
  Repayment of Federal Home Loan Bank advances                      (251,838)     (274,604)
  Net decrease in short term borrowings                             (480,000)     (350,766)
  Purchase of Treasury stock                                        (316,972)     (469,869)
                                                                 -----------   -----------
       Net cash (used in) provided by financing activities          (137,888)    2,634,139
                                                                 -----------   -----------

Net (decrease) increase in cash and cash equivalents              (7,613,964)   11,003,380
Cash and cash equivalents at beginning of period                  30,268,070    20,512,736
                                                                 -----------   -----------
Cash and cash equivalents at end of period                       $22,654,106   $31,516,116
                                                                 ===========   ===========

Supplemental Disclosures of Cash Flows Information
  Cash Paid During the Period For:
     Interest on deposits and borrowings                         $ 1,739,792   $ 2,550,356
                                                                 ===========   ===========
     Income taxes                                                $        --   $        --
                                                                 ===========   ===========
</TABLE>
See accompanying notes to the unaudited consolidated financial statements.

                                      -6-
<PAGE>

                           Killbuck Bancshares, Inc.
            NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)


NOTE 1 - BASIS OF PRESENTATION

The consolidated financial statements include the accounts of Killbuck
Bancshares, Inc. (the "Company") and its wholly-owned subsidiary Killbuck
Savings Bank Company (the "Bank").  All significant intercompany balances and
transactions have been eliminated in the consolidation.

The accompanying reviewed consolidated financial statements have been prepared
in accordance with the instructions to Form 10-Q and, therefore, do not
necessarily include all information that would be included in audited financial
statements.  The information furnished reflects all adjustments, which are, in
the opinion of management, necessary for a fair statement of the results of
operations.  All such adjustments are of a normal recurring nature.  The results
of operations for the interim periods are not necessarily indicative of the
results to be expected for the full year.

These statements should be read in conjunction with the consolidated statements
of and for the year ended December 31, 2001 and related notes which are included
on the Form 10-K (file no. 000-24147)

NOTE 2 - EARNINGS PER SHARE

The Company currently maintains a simple capital structure; therefore, there are
no dilutive effects on earnings per share.  As such, earnings per share are
calculated using the weighted number of shares for the period.

NOTE 3 - COMPREHENSIVE INCOME

Other accumulated comprehensive income consists solely of net unrealized gains
and losses on available for sale securities.  For the three months ended March
31, 2002, comprehensive income totaled $440,000.  For the three months ended
March 31, 2001, comprehensive income totaled $1,001,000.

                                      -7-
<PAGE>

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

The Private Securities Litigation Reform Act of 1995 contains safe harbor
provisions regarding forward-looking statements.  When used in this discussion,
the words "believes", "anticipates", "contemplates", "expects", and similar
expressions are intended to identify forward-looking statements.  Such
statements are subject to certain risks and uncertainties, which could cause
actual results to differ materially from those projected.  Those risks and
uncertainties include changes in interest rates, risks associated with the
ability to control costs and expenses, and general economic conditions.
Killbuck Bancshares, Inc. undertakes no obligation to publicly release the
results of any revisions to those forward-looking statements, which may be made
to reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.

The Company conducts no significant business or operations of its own other than
holding all of the outstanding stock of the Killbuck Savings Bank Company.  As a
result, references to the Company generally refer to the Bank unless the context
indicates otherwise.

                              Financial Condition

Total assets at March 31, 2002 were $281,597,000 compared to $281,258,000 at
December 31, 2001.

Cash and cash equivalents decreased by $7,614,000 or 25.2% from December 31,
2001, to March 31, 2002, with federal funds sold decreasing $9,300,000.  This
decrease improved the Bank's net interest margin by investing in higher yielding
assets at March 31, 2002.

Investment securities available for sale increased by $2,419,000 or 4.7% from
December 31, 2001, due to the interest rates and terms being offered during the
period becoming more favorable in management's opinion.  Investments held to
maturity increased $890,000 or 2.2%.

Net loans increased by $4,190,000 or 2.8% from December 31, 2001, to March 31,
2002.  An increase of $4,288,000 occurred in the commercial loan category.  The
increase in commercial lending activity typically occurs in the first quarter as
local vendors increase spending for materials and supplies.

Total deposits at March 31, 2002 were $238,882,000 compared to $237,971,000 at
December 31, 2001.  Time deposits decreased $3,668,000, demand accounts
increased $1,567,000 and money market and savings accounts increased $3,012,000.
Management attributes these changes to maturing time deposits and the volatility
of interest rates and consumer expectations of rising rates.

                                      -8-
<PAGE>

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

                        Financial Condition (Continued)


Shareholders' Equity increased by $124,000 or .37%, which was mainly due to
earnings of $803,000 for the first three months of 2002 decreased by a $362,000
unrealized loss on securities included in other comprehensive income and by the
purchase of Treasury stock for $317,000.  Management monitors risk-based capital
and leveraged capital ratios in order to assess compliance of the regulatory
guidelines.  At March 31, 2002, the total capital ratio was 20.38%; the Tier I
capital ratio was 19.04%, and the leverage ratio was 11.40%, compared to
regulatory capital requirements of 8.00%, 4.00% and 4.00% respectively.  These
ratios are well in excess of regulatory capital requirements.

                                      -9-
<PAGE>

                             RESULTS OF OPERATIONS

          Comparison of the Three Months Ended March 31, 2002 and 2001
          ------------------------------------------------------------

Total interest income of $4,161,000 for the three-month period ended March 31,
2002, compares to $4,992,000 for the same period in 2001, a decrease of $831,000
or 16.6%.  The majority of the overall decrease in total interest income is
attributed to a decrease in interest and fees on loans of approximately $803,000
or 96.6% of the overall decrease.  The decrease in interest income resulted
primarily from a decrease in the average yield on the underlying principle
balances of interest earning assets.  See "Average Balance Sheet" for the three-
month periods ended March 31, 2002 and March 31, 2001.

Total interest expense of $1,675,000 for the three-month period ending March 31,
2002, represents a decrease of $863,000 from the $2,538,000 reported for the
same three-month period in 2001.  The decrease in interest expense resulted
primarily from a decrease in the average yield on the underlying principle
balances of interest bearing liabilities.  See "Average Balance Sheet" for the
three-month periods ended March 31, 2002 and March 31, 2001.

Net interest income of $2,486,000 for the three months ended March 31, 2002,
compares to $2,454,000 for the same three-month period in 2001, an increase of
$32,000 or 1.3%.

Total other income for the three month period ended March 31, 2002, of $204,000
compares to $165,000 for the same three month period in 2001, an increase of
$39,000 or 23.6%.  Gains on sale of loans increased $25,000 due to increased
activity caused by declining fixed loan rates and other income increased $5,000
due to an increase of $3,000 in alternative investment income.  The increase in
alternative investment income is attributable to the new broker/dealer
relationship established in July 2001.

Total other expense of $1,589,000 for the three months ended March 31, 2002,
compares to $1,563,000 for the same three-month period in 2001.  This represents
an increase of $26,000 or 1.7%.  Salary and employee benefits increased
approximately $48,000 due to additional staff being hired as a result of the
addition of the branch in Howard, Ohio and normal increases in salaries and
employee benefits.  The increases in the remaining expense accounts were
attributable to the branch in Howard, Ohio becoming fully operational in the
summer of 2001 and to expenditures that are considered normal and recurring in
nature.

Net income for the three-month period ended March 31, 2002, was $803,000, an
increase of $78,000 or 10.8% from the $725,000 reported at March 31, 2001.

                                      -10-
<PAGE>

                                   Liquidity
                                   ---------


Management monitors projected liquidity needs and determines the level desirable
based in part on the Company's commitments to make loans and management's
assessment of the Company's ability to generate funds.

The primary sources of funds are deposits, repayment of loans, maturities of
investments, funds provided from operations and advances from the FHLB of
Cincinnati.  While scheduled repayments of loans and maturities of investment
securities are predictable sources of funds, deposit flows and loan repayments
are greatly influenced by the general level of interest rates, economic
conditions and competition.  The Company uses its sources of funds to fund
existing and future loan commitments, to fund maturing time deposits and demand
deposit withdrawals, to invest in other interest-earning assets, to maintain
liquidity, and to meet operating expenses.

Cash and amounts due from depository institutions and federal funds sold totaled
$22,654,000 at March 31, 2002.  These assets provide the primary source of
liquidity for the Company.  In addition, management has designated a substantial
portion of the investment portfolio, $53,839,000 as available for sale and has
an available unused line of credit of $16,247,000 with the Federal Home Loan
Bank of Cincinnati to provide additional sources of liquidity at March 31, 2002.
As of March 31, 2002, the Company had commitments to fund loans of approximately
$25,912,000.

Cash was provided during the three month period ended March 31, 2002, mainly
from operating activities of $.7 million, the maturities and repayments of
investment securities of $4.1 million, and net increase in deposits of $.9
million.  Cash was used during the three month period ended March 31, 2002,
mainly to fund a net increase in loans of $4.2 million, and for the purchase of
investment securities of $8.1 million.  In addition $.7 million was also used to
reduce Federal Home Loan Bank advances and short-term borrowings during the
first three months of 2002 and $.3 million was used to purchase Treasury Stock.
Cash and cash equivalents totaled $22.7 million at March 31, 2002, a decrease of
$7.6 million from $30.3 million at December 31, 2001.

Management is not aware of any conditions, including any regulatory
recommendations or requirements, which would adversely affect its liquidity or
ability to meet its funding needs in the normal course of business.

                                      -11-
<PAGE>

                                 Risk Elements
                                 -------------


The table below presents information concerning nonperforming assets including
nonaccrual loans, renegotiated loans, loans 90 days or more past due, other real
estate loans and repossessed assets at March 31, 2002, and December 31, 2001.  A
loan is classified as nonaccrual when, in the opinion of management, there are
doubts about collectibility of interest and principal.  At the time the accrual
of interest is discontinued, future income is recognized only when cash is
received.  Renegotiated loans are those loans which terms have been renegotiated
to provide a reduction or deferral of principal or interest as of result of the
deterioration of the borrower.

                                                     March 31,   December 31,
                                                       2002          2001
                                                     ---------   ------------
                                                      (dollars in thousands)

Loans on nonaccrual basis                                $ 129          $ 221
Loans past due 90 days or more                              54            125
Renegotiated loans                                          --             --
                                                         -----          -----
 Total nonperforming loans                                 183            346

Other real estate                                           --             --
Repossessed assets                                          --             --
                                                         -----          -----
 Total nonperforming assets                              $ 183          $ 346

Nonperforming loans as a percent of total loans           0.12%          0.23%

Nonperforming loans as a percent of total assets          0.06%          0.12%

Nonperforming assets as a percent of total assets         0.06%          0.12%

Management monitors impaired loans on a continual basis.  As of March 2002,
impaired loans had no material effect on the Company's financial position or
results from operations.

The allowance for loan losses at March 31, 2002, totaled $2,291,000 or 1.47% of
total loans as compared to approximately $2,261,000 or 1.49% at December 31,
2001.  Provisions for loan losses were $45,000 for the three months ended March
31, 2002 and $82,500 for the three months ended March 31, 2001.

The level of funding for the provision is a reflection of the overall loan
portfolio.  Nonperforming loans consist of approximately $39,700 in one to four
family residential mortgages, and $143,300 in consumer loans.  The collateral
requirements on such loans reduce the risk of potential losses to an acceptable
level in management's opinion.

                                      -12-
<PAGE>

Management performs a quarterly evaluation of the allowance for loan losses.
The evaluation incorporates internal loan review, actual historical losses, as
well as any negative economic trends in the local market.  The evaluation is
presented to and approved by the Board of Directors.  Although the Company
maintains its allowance for loan losses at a level that it considers to be
adequate to provide for the inherent risk of loss in its portfolio, there can be
no assurance that future losses will not exceed estimated amounts or that
additional provisions for loan losses will not be required in future periods.

                                      -13-
<PAGE>

                             AVERAGE BALANCE SHEET
<TABLE>
<CAPTION>


                                                      March 31, 2002                      March 31, 2001
                                            ----------------------------------  ----------------------------------
                                               Average                 Yield/      Average                 Yield/
                                               Balance      Interest    Rate       Balance      Interest    Rate
                                            -------------  ----------  -------  -------------  ----------  -------
<S>                                         <C>            <C>         <C>      <C>            <C>         <C>
Assets
------
Loans (1)(2)(2)(3)                          $153,637,394   $2,917,414    7.60%  $153,620,485   $3,719,864    9.69%
Securities-taxable (4)                        54,663,548      737,809    5.40%    42,857,115      685,302    6.40%
Securities-nontaxable                         38,782,153      444,548    4.59%    34,436,009      400,531    4.65%
Federal funds sold                            15,826,665       61,444    1.55%    14,239,439      168,277    4.73%
                                            ------------   ----------    ----   ------------   ----------    ----
 Total interest earnings assets              262,912,760    4,161,215    6.33%   245,153,048    4,973,974    8.12%
                                            ------------   ----------    ----   ------------   ----------    ----

Noninterest earning assets
Cash and due from other institutions           8,707,142                           7,429,300
Premises and equipment, net                    5,141,013                           4,677,887
Accrued interest                               1,293,546                           1,500,234
Other assets                                   3,631,478                           3,687,229
Less allowance for loan losses                (2,289,296)                         (2,188,589)
                                            ------------                        ------------
 Total noninterest earnings assets            16,483,883                          15,106,063
                                            ------------                        ------------
  Total Assets                              $279,396,643                        $260,259,111
                                            ============                        ============

Liabilities and Shareholders Equity
-----------------------------------
Interest bearing liabilities:
Interest bearing demand                     $ 31,010,747   $   80,937    1.04%  $ 27,740,407   $  165,877    2.39%
Money market accounts                         16,803,717       83,729    1.99%    10,951,941       99,816    3.65%
Savings deposits                              33,998,484      142,712    1.68%    28,531,479      220,704    3.09%
Time deposits                                122,679,882    1,280,548    4.18%   123,889,809    1,919,195    6.20%
Short term borrowings                          4,147,976        1,329     .13%     3,680,125       29,994    3.26%
Federal Home Loan Advances                     5,086,921       86,023    6.76%     6,024,880      102,195    6.78%
                                            ------------   ----------    ----   ------------   ----------    ----
 Total interest bearing liabilities          213,727,727    1,675,278    3.14%   200,818,641    2,537,781    5.05%
                                            ------------   ----------    ----   ------------   ----------    ----

Noninterest bearing liabilities:
Demand deposits                               31,482,387                          26,624,575
Accrued expenses and other liabilities         1,573,270                           1,070,982
                                            ------------                        ------------
 Total noninterest bearing liabilities        33,055,657                          27,695,557
                                            ------------                        ------------
Shareholder's equity                          32,613,259                          31,744,913
                                            ------------                        ------------
  Total Liabilities and Equity              $279,396,643                        $260,259,111
                                            ============                        ============

Net interest income                                        $2,485,937           $  2,436,193
                                                           ==========           ============

Interest rate spread (5)                                                 3.19%                               3.07%
                                                                         ====                                ====

Net yield on interest earning assets (6)                                 3.78%                               3.97%
                                                                         ====                                ====

</TABLE>
(1)  For purposes of these computations, the daily average loan amounts
     outstanding are net of deferred loan fees.
(2)  Included in loan interest income are loan related fees of $105,747 and
     $66,255 in 2002 and 2001, respectively.
(3)  Nonaccrual loans are include in loan totals and do not have a material
     impact on the information presented.
(4)  Average balance is computed using the carrying value of securities.  The
     average yield has been computed using the historical amortized cost average
     balance for available for sale securities.
(5)  Interest rate spread represents the difference between the average yield on
     interest earning assets and the average cost of interest bearing
     liabilities.
(6)  Net yield on interest earning assets represents net interest income as a
     percentage of average interest earning assets.

                                      -14-
<PAGE>

                          Part II - OTHER INFORMATION


Item 1 -  Legal Proceedings

          None

Item 2 -  Changes in the rights of the Company's security holders

          None

Item 3 -  Defaults by the Company on its senior securities

          None

Item 4 -  Results of votes of security holders

          None

Item 5 -  Other Information

          None

Item 6 -  Exhibits and Reports on Form 8-K

          a) The following exhibits are included in this report or incorporated
             herein by reference:
             3(i)  Articles of Incorporation of Killbuck Bancshares, Inc.*
             3(ii) Code of Regulations of Killbuck Bancshares, Inc.*
             10    Agreement and Plan of Reorganization with Commercial and
                   Savings Bank Co.*
             21    Subsidiaries of Registrant*
             99    Independent Accountant's Report

          b) No reports on Form 8-K were filed during the quarter of the period
             covered by this report.

             *Incorporated by reference to an identically numbered exhibit to
             the Form 10 (file No. 0-24147) filed with SEC on April 30, 1998 and
             subsequently amended on July 8, 1998 and July 31, 1998.

                                      -15-
<PAGE>

                                   Signatures


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

                           Killbuck Bancshares, Inc.


Date       5/13/02           By: /s/ Luther E. Proper
       ---------------           --------------------------
                                 Luther E. Proper
                                 President and
                                 Chief Executive Officer



Date:      5/13/02            By: /s/ Diane Knowles
       ---------------           --------------------------
                                  Diane Knowles
                                  Chief Financial Officer

                                      -16-