SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                    FORM 10-Q

(Mark One)
(X)  Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of  1934 for the fiscal year ended March 31, 2002

( )  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 :  1-12165

                               Bridge View Bancorp
             (Exact name of registrant as specified in its charter)

         New Jersey                                      22-3461336
         ----------
(State or other jurisdiction of                       (I.R.S. Employer
   incorporation or organization)                      Identification)

                  457 Sylvan Avenue, Englewood Cliffs, NJ  07632
               (Address of principal executive offices) (Zip Code)

                                  201-871-7800
              (Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Exchange Act:

      Title of each class:            Name of each exchange on which registered:
      Common Stock, No Par Value      American Stock Exchange

Securities registered pursuant to Section 12(g) of the Exchange Act:    None

Indicate by check mark whether the Issuer: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934, as amended, 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___

                        APPLICABLE TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of the Registrant's classes of common
stock, as of the last practicable date.

               3,550,809 shares of Common Stock as of May 6, 2002

<PAGE>

                                      INDEX

                               BRIDGE VIEW BANCORP

Part I  -  Financial Information


Item 1.  Financial Statement

         Consolidated Statements of Financial Condition
         as of March 31, 2002(unaudited) and December 31, 2001

         Consolidated Statements of Income
         for the three months ended March 31, 2002 and 2001  (unaudited)

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

         Notes to Unaudited Consolidated Financial Statements


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

Explanatory Note: This Form 10-Q contains certain "forward looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995 which
involve risks and uncertainties. Such statements are not historical facts and
include expressions about management's confidence, strategies, and expectations
about new and existing programs, products, relationships, opportunities,
technology, and market conditions. These statements may be identified by the use
of such words as "believe," "expect," "anticipate," "should," "may,"
"potential," or similar statements or variations of such terms. Examples of
forward looking statements include, but are not limited to, estimates with
respect to the financial condition, results of operations, and business of
Bridge View Bancorp, that are subject to various factors which could cause
actual results to differ materially from these estimates. These factors include:
changes in general, economic and market conditions, legislative and regulatory
conditions, or the development of an interest rate environment which adversely
affects Bridge View Bancorp's interest rate margin or other income anticipated
from operations and investments. As used in this Form 10-Q, "we" and "us" and
"our" refer to Bridge View Bancorp and its consolidated subsidiary Bridge View
Bank, depending on the context.
<PAGE>

<TABLE>
<CAPTION>


                               BRIDGE VIEW BANCORP
                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
                                                            ( in thousands)

                                                                          March 31,           December 31,
                                                                            2002                  2001
                                                                     ------------------     -----------------
ASSETS                                                                     (unaudited)
Cash and cash equivalents :
<S>                                                                       <C>                   <C>
     Cash and due from banks..............                                $ 19,114              $ 13,771
     Federal funds sold......................                               15,300                10,500
                                                                          --------              --------
TOTAL CASH AND CASH EQUIVALENTS                                             34,414                24,271
                                                                          --------              --------
Securities:
     Available for sale.......................                              33,390                38,728
     Held to maturity........................                                8,884                13,245
                                                                          --------              --------
TOTAL SECURITIES                                                            42,274                51,973
                                                                          --------              --------
Loans, net of allowance for losses of $1,665 and $1,605,
  and deferred loan fees of $503 and $471, respectively.....               161,124               149,308
Premises and equipment, net.............                                     9,449                 9,523
Accrued interest receivable and other assets................                 2,638                 2,745
                                                                          --------              --------
TOTAL ASSETS                                                              $249,899              $237,820
                                                                          ========              ========

LIABILITIES AND STOCKHOLDERS' EQUITY
Deposits:
     Non-interest bearing demand deposits...................              $ 72,062              $ 78,894
     Interest bearing deposits:
          Savings and time deposits.........                               128,450               109,150
          Certificates of deposit $100,000 +..                              20,854                21,580
                                                                          --------              --------
TOTAL DEPOSITS                                                             221,366               209,624
Accrued interest payable and other liabilities..............                 1,131                 1,330

TOTAL LIABILITIES                                                          222,497               210,954
Commitments and Contingencies
Stockholders' equity:
     Common stock, no par value,
     authorized 10,000,000 shares issued
     and outstanding 3,550,809 in 2002
     and 3,548,763 in 2001..................                                30,872                25,277
     (Accumulated deficit)retained earnings(note 2).....                    (3,426)                1,428
     Accumulated other comprehensive (loss)income...                           (44)                  161
                                                                          --------              --------
TOTAL STOCKHOLDERS' EQUITY                                                  27,402                26,866
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                $249,899              $237,820
                                                                          ========              ========

           See notes to unaudited consolidated financial statements.

</TABLE>

<PAGE>

<TABLE>
<CAPTION>

                               BRIDGE VIEW BANCORP
                        CONSOLIDATED STATEMENTS OF INCOME
                            (unaudited, in thousands)

                                                                    Three months ended March 31,
                                                                     2002                           2001
                                                                     ----                           ----
Interest Income :
<S>                                                                <C>                            <C>
   Loans....................................                       $ 2,786                        $ 2,848
   Federal funds sold.....................                              31                            329
   Investment Securities
      Taxable...............................                           491                            556
      Tax - exempt.........................                             51                            120
                                                                   -------                        -------
TOTAL INTEREST INCOME                                                3,359                          3,853

Interest Expense :
   Savings deposits.......................                             142                            325
   Other time deposits....................                             135                            357
   Time deposits $100,000 +............                                127                            420
   Short term borrowings.................                                1                             28
                                                                   -------                        -------
TOTAL INTEREST EXPENSE                                                 405                          1,130

               Net Interest Income                                   2,954                          2,723

Provision for loan losses................                               60                             10

Net interest income after provision for loan losses                  2,894                          2,713

Non-interest income:
   Service charge income.................                              482                            414
                                                                   -------                        -------
TOTAL NON-INTEREST INCOME                                              482                            414

Non-interest expense :
   Salaries and employee benefits........                              945                            815
   Occupancy and equipment expense...                                  367                            331
   Other.....................................                          496                            474
                                                                   -------                        -------
TOTAL NON-INTEREST EXPENSE                                           1,808                          1,620

Income before income taxes                                           1,568                          1,507

Income tax expense                                                     533                            527
                                                                   -------                        -------

NET INCOME                                                          $1,035                          $ 980
                                                                   =======                        =======

Earnings per share :
     Basic                                                           $0.29                          $0.28
     Diluted                                                         $0.28                          $0.27

           See notes to unaudited consolidated financial statements.
</TABLE>

<PAGE>


<TABLE>
<CAPTION>

                               BRIDGE VIEW BANCORP
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                       (unaudited, in thousands)

                                                                           Three months ended March 31,
                                                                           2002                   2001
                                                                     ------------------     -----------------

Cash flows from operating activities :
<S>                                                                       <C>                    <C>
     Net Income.....................................................      $ 1,035                $  980
     Adjustments to reconcile net income to net cash
     Provided by operating activities :
        Depreciation and amortization............................             107                    98
        Provision for loan losses...................................           60                    10
        Gains from sales of loans held for sale..............                   0                    11
        Decrease in accrued interest receivable
        and other assets.............................................         107                   254
        (Decrease) in accrued interest payable and
         Other liabilities.........................................          (199)                  (10)
                                                                          -------               -------
Net cash provided by operating activities                                   1,110                 1,343

Cash flows from investing activities :
     Proceeds from maturities of investment securities.......               9,368                20,388
     Purchases of investment securities.........................                0                     0
     Net (increase)decrease in loans...........................           (11,816)                  785
     Purchases of premises and equipment....................                   33                    98
                                                                          -------               -------
Net cash provided by(used in) investing activities                         (2,415)               21,271

Cash flows from financing activities :
     Net increase(decrease) in deposits.........................           11,742                (4,160)
     Proceeds from issuance of common stock.................                   29                    51
     Cash paid for dividends......................................           (323)                 (323)
                                                                          -------               -------
Net cash provided by financing activities                                  11,448                (4,432)

Net change in cash and cash equivalents                                    10,143                18,182
Cash and cash equivalents at beginning of period                           24,271                41,561
                                                                          -------               -------
Cash and cash equivalents at end of period                                $34,414               $59,743

Cash paid during the period for :
     Interest..........................................................       431                 1,183
     Income taxes..................................................           846                 1,018

           See notes to unaudited consolidated financial statements.
</TABLE>

<PAGE>


                      BRIDGE VIEW BANCORP AND SUBSIDIARIES

              Notes to Unaudited Consolidated Financial Statements


 (1)   Summary of Significant Accounting Policies

       The accompanying consolidated financial statements include the accounts
       of Bridge View Bancorp (the Company) and its direct and indirect
       wholly-owned subsidiaries, Bridge View Bank, Bridge View Investment
       Company, and Bridge View Delaware, Inc. (the Bank). All significant
       inter-company accounts and transactions have been eliminated in
       consolidation. Certain accounts in prior periods have been restated to
       conform to the current presentation.

       The consolidated condensed financial statements included herein have been
       prepared without audit pursuant to the rules and regulations of the
       Securities and Exchange Commission. Certain information and footnote
       disclosures normally included in financial statements prepared in
       accordance with accounting principles generally accepted in the United
       States of America have been condensed or omitted pursuant to such rules
       and regulations. The accompanying consolidated financial statements
       reflect all adjustments which are, in the opinion of management,
       necessary to a fair statement of the results for the interim periods
       presented. Such adjustments are of a normal recurring nature. These
       consolidated unaudited financial statements should be read in conjunction
       with the audited financial statements and the notes thereto as of and for
       the year ended December 31, 2001. The results for the three months ended
       March 31, 2002 are not necessarily indicative of the results that may be
       expected for the year ended December 31, 2002.

       Organization

       The Company is a New Jersey corporation and registered bank holding
       company with the Board of Governors of the Federal Reserve System. The
       Bank is a commercial bank which provides a full range of banking services
       to individuals and corporate customers in New Jersey. Both the Company
       and the Bank are subject to competition from other financial
       institutions. The Bank is regulated by state and federal agencies and is
       subject to periodic examinations by those regulatory authorities.

       Basis of Financial Presentation

       The consolidated financial statements have been prepared in conformity
       with accounting principles generally accepted in the United States of
       America. In preparing the consolidated financial statements, management
       is required to make estimates and assumptions that affect the reported
       amounts of assets and liabilities as of the date of the consolidated
       statement of financial condition and revenues and expenses for the
       quarter. Actual results could differ significantly from those estimates.
       Certain prior period amounts have been reclassified to conform to the
       financial statements presentation of 2002. The reclassifications have no
       effect upon stockholders' equity or net income as previously reported.

<PAGE>

       Material estimates that are particularly susceptible to significant
       change in the near term relate to the determination of the allowance for
       loan losses. In connection with the determination of the allowance for
       loan losses, management generally obtains independent appraisals for
       significant properties.

       Securities Available for Sale

       Management determines the appropriate classification of securities at the
       time of purchase. If management has the intent and the Bank has the
       ability at the time of purchase to hold securities until maturity, they
       are classified as investment securities. Securities to be held for
       indefinite periods of time and not intended to be held to maturity are
       classified as securities available for sale. Gains or losses on sales of
       securities available for sale are based upon the specific identification
       method. Securities available for sale are reported at fair value with
       changes in the carrying value from period to period included as a
       separate component of stockholders' equity.

       Securities Held to Maturity

       Investment securities are carried at the principal amount outstanding,
       adjusted for amortization of premiums and accretion of discounts using a
       method that approximates the level-yield method over the terms of the
       securities. Investment securities are carried at the principal amount
       outstanding because the Bank has the ability and it is management's
       intention to hold these securities to maturity.

(2)    Retained Earnings - Stock Dividend

       The Company declared a 10% Stock Dividend (the "2002 Stock Dividend") on
       March 5, 2002 and paid the dividend on April 2, 2002. Retained earnings
       decreased by the market value of shares issued in connection with the
       2002 Stock Dividend. Earnings per share and all share data has been
       restated to reflect the effect of the 2002 stock dividend.

<PAGE>

 (3)   Earnings Per Share Reconciliation

       The reconciliation of the numerator and the denominator of Basic EPS with
       that of Diluted EPS is presented for the three month periods ended March
       31, 2002, and 2001.
<TABLE>
<CAPTION>

                                                                                  Three Months Ended
                                                                                       March 31,
                                                                                2002             2001
                                                                                ----             ----
                                                                                     (in thousands,
                                                                                 except per share data)
       Basic earnings per share :

<S>                                                                         <C>                    <C>
            Net Income                                                      $    1,035             980
                                                                            ==========        ========

       Average number of shares outstanding                                      3,549           3,545
                                                                            ==========        ========

       Basic earnings per share                                             $     0.29            0.28
                                                                            ==========        ========

       Diluted earnings per share :

            Net Income                                                      $    1,035             980
                                                                            ==========        ========

       Average number of shares of common
       stock and equivalents outstanding :
            Average common shares outstanding                                    3,549           3,545

            Additional shares considered in
            diluted computation assuming :
               Exercise of options                                                 114             101
                                                                            ----------        --------

       Average number of shares outstanding
       on a diluted basis                                                        3,663           3,646
                                                                            ==========        ========

       Diluted earnings per share                                           $     0.28            0.27
                                                                            ==========        ========
</TABLE>

<PAGE>

(4)     Comprehensive Income

       Total comprehensive income is presented for the three month periods ended
March 31, 2002 and 2001, respectively.

<TABLE>
<CAPTION>

                                                              Three months ended March 31,
          (in thousands)                                      2002                      2001
                                                              ----                      ----
          Comprehensive Income
<S>                                                           <C>                       <C>
          Net income                                          $1,035                    $  980
          Other comprehensive income,
            net of taxes                                        (205)                       33
                                                            --------                  --------
          Total comprehensive income                          $  830                    $1,013
</TABLE>


(5)    Recent Accounting Pronouncements

       SFAS No. 142
       On July 20, 2001, the Financial Accounting Standards Board ("FASB")
       issued Statement of Financial Accounting Standard ("SFAS") No. 142,
       "Goodwill and Other Intangible Assets." SFAS No. 142 requires that
       goodwill and intangible assets with indefinite useful lives no longer be
       amortized, but instead tested for impairment at least annually in
       accordance with the provisions of SFAS No. 142. SFAS No. 142 will also
       require that intangible assets with definite useful lives be amortized
       over their respective estimated useful lives to their estimated residual
       values, and reviewed for impairment in accordance with SFAS No. 121,
       "Accounting for the Impairment of Long-Lived Assets and for Long-Lived
       Assets to be Disposed Of."

       SFAS No. 142 requires that after December 31, 2001, goodwill and any
       intangible asset determined to have an indefinite useful life will not be
       amortized, but will continue to be evaluated for impairment in accordance
       with the appropriate pre-SFAS No. 142 accounting literature. Goodwill and
       intangible assets acquired in business combinations completed before July
       1, 2001 will continue to be amortized prior to the adoption of SFAS No.
       142.

       We were required to adopt SFAS No. 142 effective January 1, 2002. We
       currently have no recorded goodwill or intangible assets and the initial
       adoption of SFAS No. 142 did not have a significant impact on our
       consolidated financial statements.

       SFAS No. 144
       On October 3, 2001, the FASB issued SFAS No. 144, "Accounting for the
       Impairment or Disposal of Long-Lived Assets," which addresses financial
       accounting and reporting for the impairment or disposal of long-lived
       assets. While SFAS No. 144 supersedes SFAS No. 121, "Accounting for the
       Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed
       Of," it retains many of the fundamental provisions of that Statement. The
       Statement is effective for fiscal years beginning after December 15,
       2001. The initial adoption of SFAS No. 144 did not have a significant
       impact on our consolidated financial statements.

<PAGE>

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

The following discussion and analysis of financial condition and results of
operations should be read in conjunction with the Company's consolidated
financial statements and the notes thereto included herein. When necessary,
reclassifications have been made to prior years' data throughout the following
discussion and analysis for purposes of comparability.


RESULTS OF OPERATIONS  -  Three Months Ended March 31, 2002 and 2001

The Company's results of operations depend primarily on its net interest income,
which is the difference between the interest earned on its interest-earning
assets and the interest paid on funds borrowed to support those assets,
primarily deposits. Net interest margin is the difference between the weighted
average rate received on interest-earning assets and the weighted average rate
paid on interest-bearing liabilities, as well as the average level of
interest-earning assets as compared with that of interest-bearing liabilities.
Net income is also affected by the amount of non-interest income and other
operating expenses.

NET INCOME
For the three months ended March 31, 2002, net income increased by $55,000 or
5.6% to $1,035,000 from $980,000 for the three months ended March 31, 2001. The
increase in net income is primarily the result of an 8.5% increase in net
interest income to $2,954,000 in 2002 from $2,723,000 in the prior year coupled
with a 16.4%, or $68,000, increase in other operating income, primarily fee
income, to $482,000 in 2002 from $414,000 in 2001.

Interest expense decreased by $725,000 or 64.2% for the three months ended March
31, 2002 to $450,000 as compared to $1,130,000 for the three months ended March
31, 2001. This decrease directly reflects the current interest rate environment.

On a per share basis, basic earnings per share were $0.29 for the quarter ended
March 31, 2002 as compared to $0.28 for the quarter ended March 31, 2001,
representing an increase of $0.01 or 3.6%. Diluted earnings per share were $0.28
for the first quarter of 2002 as compared to $0.27 for the first quarter of
2001, reflecting an increase of $0.01 or 3.7%. Per share data has been restated
to reflect the 2002 10% stock dividend.

PROVISION FOR LOAN LOSSES
For the quarter ended March 31, 2002, the Company's provision for loan losses
was $60,000, an increase of $50,000 from the provision of $10,000 for the
quarter ended March 31, 2001. The increased provision reflects the continued
growth of the Company's loan portfolio.

NON-INTEREST INCOME
Non-interest income, which was primarily attributable to service fees received
from deposit accounts, amounted to $482,000 for the three months ended March 31,
2002, an increase of $68,000 or 16.4%, above the $414,000 earned during the
three months ended March 31, 2001. The increase in non-interest income is
attributable to the higher level of average deposits.

<PAGE>

NON-INTEREST EXPENSE
Non-interest expenses for the quarter ended March 31, 2002 amounted to
$1,808,000, an increase of $188,000, or 11.6%, above the $1,620,000 for the
quarter ended March 31, 2001. This increase is the direct result of the Bank's
costs associated with opening and staffing the four new branches which were
obtained at the end of 2001.

INCOME TAX EXPENSE
The income tax provision, for the quarters ended March 31, 2002 and 2001 was
$533,000 and $527,000, respectively. The increase in income taxes is a direct
result of the increase in income before taxes in 2002.

           FINANCIAL CONDITION : March 31, 2002 and December 31, 2001

At March 31, 2002, the Company's total assets were $249,899,000 compared to
$237,820,000 at December 31, 2001. Total loans increased to $163,292,000 at
March 31, 2002 from $151,384,000 at December 31, 2001. Total deposits at the
first quarter end 2002 were $221,366,000 compared to $209,624,000 at December
31, 2001.

LOAN PORTFOLIO
At March 31, 2002, the Company's total loans were $163,292,000, an increase of
$11,908,000 or 7.9% over total loans of $151,384,000 at December 31, 2001. This
increase in the loan portfolio since year end is a combination of decreased
customer payoffs and the continued effect of customer referrals, selective
marketing, and growth within the local Bergen County community. Management
continues to believe that the Company will remain successful in loan acquisition
in this market due to the fact that, through mergers and acquisitions, the
Company's trade area is becoming increasingly served by large institutions,
frequently headquartered out of state. Management believes that it is not
cost-efficient for these larger institutions to provide the level of personal
service the Company provides to small business borrowers.

The Company's loan portfolio consists of commercial loans, real estate loans,
and consumer loans. Commercial loans are made for the purpose of providing
working capital, financing the purchase of equipment or inventory, as well as
for other business purposes. Real estate loans consist of loans secured by
commercial or residential real property and loans for the construction of
commercial or residential property. Consumer loans are made for the purpose of
financing the purchase of consumer goods, home improvements, and other personal
needs, and are generally secured by the personal property being purchased.

The Company's loans are primarily to businesses and individuals located in
eastern Bergen County, New Jersey. The Company has not made loans to borrowers
outside of the United States. Commercial lending activities are focused
primarily on lending to small business borrowers. The Company believes that its
strategy of customer service, competitive rate structures, and selective
marketing have enabled the Company to gain market entry to local loans. Bank
mergers and lending restrictions at larger banks competing with the Company have
also contributed to the Company's efforts to attract borrowers.

<PAGE>


The following table sets forth the classification of the Company's loans by
major category as of March 31, 2002 and December 31, 2001, respectively :
<TABLE>
<CAPTION>

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

                                                  Amount          Percent              Amount         Percent

<S>                                              <C>              <C>                 <C>              <C>
Commercial                                       $116,864         71.6%               $109,978         72.6%
Mortgage                                           23,904         14.6%                 19,770         13.1%
Consumer                                           22,524         13.8%                 21,636         14.3%
                                              ------------     ------------       -------------     -----------

Total Loans                                      $163,292          100%               $151,384          100%
                                                 ========      ========               ========      ========
</TABLE>


ASSET QUALITY
The Company's principal assets are its loans. Inherent in the lending function
is the risk of the borrower's inability to repay a loan under its existing
terms. Risk elements include non-accrual loans, past due and restructured loans,
potential problem loans, loan concentrations, and other real estate owned.

Non-performing assets include loans that are not accruing interest (non-accrual
loans) as a result of principal or interest being in default for a period of 90
days or more. When a loan is classified as non-accrual, interest accruals
discontinue and all past due interest, including interest applicable to prior
years, is reversed and charged against current income. Until the loan becomes
current, any payments received from the borrower are applied to outstanding
principal until such time as management determines that the financial condition
of the borrower and other factors merit recognition of such payments of
interest.

The Company attempts to minimize overall credit risk through loan
diversification and its loan approval procedures. Due diligence begins at the
time a borrower and the Company begin to discuss the origination of a loan.
Documentation, including a borrower's credit history, materials establishing the
value and liquidity of potential collateral, the purpose of the loan, the source
and timing of the repayment of the loan, and other factors are analyzed before a
loan is submitted for approval. Loans made are also subject to periodic audit
and review.

<PAGE>


The  following  table  sets  forth  information  concerning  the  Company's
non-performing assets as of the dates indicated :
<TABLE>
<CAPTION>

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

<S>                                                             <C>                              <C>
Non-performing loans                                            $     42                         $      0
Other real estate                                                      0                                0
                                                                --------                         --------
     Total non-performing assets                                $     42                         $      0

Non-performing loans to total gross loans                           0.03%                             N/A
Non-performing assets to total assets                               0.02%                             N/A
</TABLE>

As of March 31, 2002, the Company had one non-accrual loan, which represented a
secured commercial lease. At December 31, 2001, the Company had no non-accrual
loans. Other than as disclosed above, there were no loans where information
about possible credit problems of borrowers causes management to have serious
doubts as to the ultimate collectibility of such loans.

As of March 31, 2002 and December 31, 2001, there were no concentrations of
loans exceeding 25% of the Company's total loans and the Company had no foreign
loans. The Company's loans are primarily to businesses and individuals located
in eastern Bergen County, New Jersey.

ALLOWANCE FOR LOAN LOSSES
The allowance for loan losses represents a critical accounting policy. The
allowance is a reserve established through charges to earnings in the form of a
provision for loan losses. The Company maintains an allowance for loan losses at
a level believed sufficient by management to provide for potential losses
inherent in the loan portfolio. Loan losses are charged directly to the
allowance when they occur and any recovery is credited to the allowance. Risks
within the loan portfolio are analyzed on a continuous basis by the Company's
officers, by external independent loan review auditors, and by the Company's
audit committee. A risk system, consisting of multiple grading categories, is
utilized as an analytical tool to assess risk and appropriate reserves. In
addition to the risk system, management further evaluates risk characteristics
of the loan portfolio under current and anticipated economic conditions and
considers such factors as the financial condition of the borrower, past and
expected loss experience, and other factors which management feels deserve
recognition in establishing an appropriate reserve. These estimates are reviewed
at least quarterly, and, as adjustments become necessary, they are realized in
the periods in which they become known. Additions to the allowance are made by
provisions charged to the expense and the allowance is reduced by net-chargeoffs
(i.e. loans judged to be uncollectible are charged against the reserve, less any
recoveries on the loans.) Although management attempts to maintain the allowance
at an adequate level, future additions to the allowance may be required based
upon changes in market conditions. Additionally, various regulatory agencies
periodically review the allowance for loan losses. These agencies may require
additional provisions based upon their judgment about information available to
them at the time of their examination. Although management uses the best
information available, the level of the allowance for loan losses remains an
estimate which is subject to significant judgment and short term change.

<PAGE>

The Company's allowance for loan losses totaled $1,665,000 and $1,456,000 at
March 31, 2002 and 2001, respectively. This increase in the allowance is due to
provisions exceeding charge-offs, reflecting both the continued growth of the
loan portfolio and its high credit quality during that period. The following is
a summary of the reconciliation of the allowance for loan losses for the three
month periods ended March 31, 2002 and 2001, respectively :

<TABLE>
<CAPTION>

                                                                  Three months ended
                                                                        March 31,
                                                               2002                    2001
                                                               ----                    ----
                                                                  (dollars in thousands)

<S>                                                           <C>                      <C>
Balance, beginning of period                                  $1,605                   $1,473
Charge-offs                                                        0                      (27)
Recoveries                                                         0                        0
Provision charged to expense                                      60                       10
                                                            --------                  -------
Balance, end of period                                        $1,665                   $1,456
                                                            ========                  =======

Ratio of net charge-offs to
  average loans outstanding                                      N/A                    0.02%

Balance of allowance at end of period as
  a percentage of loans at end of period                        1.02%                   1.10%
</TABLE>

INVESTMENT SECURITIES

The Company maintains an investment portfolio to fund increased loan demand or
deposit withdrawals and other liquidity needs and to provide an additional
source of interest income. The portfolio is composed of U.S. Treasury
Securities, obligation of U.S. Government Agencies, selected municipal and state
obligations, stock in the Federal Home Loan Bank ("FHLB"), and equity securities
of another financial institution.

Management determines the appropriate classification of securities at the time
of purchase. At March 31, 2002, $8,884,000 of the Company's investment
securities were classified as held to maturity and $33,390,000 were classified
as available for sale. At March 31, 2002, the Company held no securities which
it classified as trading securities.

<PAGE>

At March 31, 2002, total investment securities were $42,274,000, a decrease of
$9,699,000, from total investment securities of $51,973,000 at December 31,
2001. This decrease in investment securities from year end 2001 to first quarter
end 2002 reflects maturity of investment securities which were used to fund loan
growth.

The following tables set forth the carrying value of the Company's security
portfolio as of the dates indicated.

A comparative summary of securities available for sale at March 31, 2002 and
December 31, 2001 is as follows (in thousands) :

<TABLE>
<CAPTION>

                                                                         Gross           Gross          Fair
                                                        Amortized     Unrealized      Unrealized       Market
                                                           Cost          Gains          Losses          Value
                                                       -----------    ------------    ------------    ----------
March 31, 2002
--------------
U.S. Government and agency
<S>                                                       <C>                 <C>            <C>        <C>
   Obligations                                            $29,679             130            (67)       $29,742
Municipal and state obligations                             2,878               -               -         2,878
FHLBNY stock                                                  430               -               -           430
Other equity securities                                       469               -           (129)           340
                                                       -----------    ------------    ------------    ----------
   Total available for sale                               $33,456             130           (196)       $33,390

December 31, 2001
-----------------
U.S. Government and agency
   Obligations                                            $34,702             385             (7)       $35,080
Municipal and state obligations                             2,878               -               -         2,878
FHLBNY stock                                                  430               -               -           430
Other equity securities                                       469               -           (129)           340
                                                       -----------    ------------    ------------    ----------
   Total available for sale                               $38,479             385           (136)       $38,728
</TABLE>


A comparative summary of securities held to maturity at March 31, 2002 and
December 31, 2001 is as follows (in thousands) :
<TABLE>
<CAPTION>


                                                                         Gross           Gross          Fair
                                                        Amortized     Unrealized      Unrealized       Market
                                                           Cost          Gains          Losses          Value
                                                       -----------    ------------    ------------    ----------
March 31, 2002
--------------
U.S. Government and agency
<S>                                                        <C>                 <C>                       <C>
   Obligations                                             $4,559              44               -        $4,603
Municipal and state obligations                             4,325               -               -
                                                                                                          4,325
                                                       -----------    ------------    ------------    ----------
   Total held to maturity                                  $8,884              44               -        $8,928

December 31, 2001
-----------------
U.S. Government and agency
   Obligations                                             $8,573             109               -        $8,682
Municipal and state obligations                             4,672               -             (1)         4,671
                                                       -----------    ------------    ------------    ----------
   Total held to maturity                                 $13,245             109             (1)       $13,353
</TABLE>

<PAGE>


The following table sets forth as of March 31, 2002, the maturity distribution
of the Company's debt investment portfolio :

<TABLE>
<CAPTION>

                     Maturity of Debt Investment Securities
                                 March 31, 2002
                                                            (in thousands)

                                             Securities                                    Securities
                                             Held to Maturity                            Available for Sale
                                 ------------     -------------    ------------    ------------    ------------    ------------
                                                                   Weighted                                        Weighted
                                 Amortized        Market           Average         Amortized       Market          Average
                                 Cost             Value            Yield           Cost            Value           Yield
                                 ------------     -------------    ------------    ------------    ------------    ------------

<S>                                   <C>           <C>               <C>               <C>          <C>              <C>
Within 1 Year                         $8,350        $ 8,394           4.83%             $2,878       $ 2,878          3.30%

1 to 5 Years                             534            534           5.00%             29,679         29,742         6.51%
                                 ------------     -------------                    ------------    ------------

                                      $8,884        $ 8,928                           $ 32,557      $ 32,620
                                      ======        =======                           ========      ========
</TABLE>

The Company sold no securities from its portfolio during the first quarter of
2002 or during 2001.

<PAGE>

DEPOSITS
Deposits are the Company's primary source of funds. The Company experienced an
increase in deposit balances of $11,742,000 or 5.6% to $221,366,000 at March 31,
2002 as compared to $209,624,000 at December 31, 2001. This increase continues
to be accomplished as a result of continued market penetration combined with
continued customer referrals during first quarter 2002. Within the aggregate
increase in total deposits, interest bearing demand deposits experienced growth
of $17,145,000 or 27.5% to $79,597,000 at March 31, 2002 from $62,452,000 at
December 31, 2001. The Company has no foreign deposits, nor are there any
material concentrations of deposits.

The following table sets forth the amount of various types of deposits for
each of the periods indicated (in thousands) :

<TABLE>
<CAPTION>
                                                            March 31,                December 31,
                                                               2002                      2001
                                                               ----                      ----

                                                         Amount          %            Amount          %
                                                         ------          -            ------          -

<S>                                                     <C>             <C>          <C>            <C>
      Non-interest Bearing Demand                       $72,062         32.6%        $78,894        37.7%
      Interest Bearing Demand                            79,597         36.0%         62,452        29.8%
      Savings                                            27,494         12.4%         25,454        12.1%
      Time Deposits                                      42,213         19.0%         42,824        20.4%
                                                       --------         -----       --------        -----

                                                       $221,366          100%       $209,624         100%
                                                       ========          ====       ========         ====
</TABLE>

The Company does not actively solicit short-term deposits of $100,000 or more
because of the liquidity risks posed by such deposits. The following table
summarizes the maturity distribution of certificates of deposit of denominations
of $100,000 or more as of March 31, 2002 (in thousands).

         Three months or less                                 $    13,954
         Over three months through twelve months                    6,900
         Over one year through three years                              0
         Over three years                                               0
                                                              -----------

         TOTAL                                                $    20,854
                                                              ===========

<PAGE>

LIQUIDITY

The Company's liquidity is a measure of its ability to fund loans, withdrawals
or maturities of deposits, and other cash outflows in a cost-effective manner.
The Company's principal sources of funds are deposits, scheduled amortization
and prepayments of loan principal, maturities of investment securities, and
funds provided by operations. While scheduled loan payments and maturing
investments are relatively predictable sources of funds, deposit flow and loan
prepayments are greatly influenced by general interest rates, economic
conditions, and competition.

The Company's total deposits equaled $221,366,000 at March 31, 2002 as compared
to $209,624,000 at December 31, 2001. The increase in funds provided by deposit
inflows during this period has been sufficient to provide for the Company's loan
demand.

Through the Company's investment portfolio, the Company has generally sought to
obtain a safe, yet slightly higher yield than would have been available to the
Company as a net seller of overnight federal funds while still maintaining
liquidity. Through its investments portfolio, the Company also attempts to
manage its maturity gap by seeking maturities of investments which coincide as
closely as possible with maturities of deposits. The Bank's investment portfolio
also includes securities held for sale to provide liquidity for anticipated loan
demand and other liquidity needs.

Although the Bank has traditionally been a net "seller" of federal funds, the
Bank does maintain lines of credit with the Federal Home Loan Bank of New York
and First Tennessee Bank for "purchase" of federal funds in the event that
temporary liquidity needs arise.

Management believes that the Company's current sources of funds provide adequate
liquidity for the current cash flow needs of the Company.


INTEREST RATE SENSITIVITY ANALYSIS
The principal objective of the Company's asset and liability management function
is to evaluate the interest-rate risk included in certain balance sheet
accounts; determine the level of risk appropriate given the Company's business
focus, operating environment, capital and liquidity requirements; establish
prudent asset concentration guidelines; and manage the risk consistent with
Board approved guidelines. The Company seeks to reduce the vulnerability of its
operations to changes in interest rates and to manage the ratio of interest-rate
sensitive assets to interest-rate sensitive liabilities within specified
maturities or repricing dates. The Company's actions in this regard are taken
under the guidance of the Asset/Liability Committee (ALCO) of the Board of
Directors. The ALCO generally reviews the Company's liquidity, cash flow needs,
maturities of investments, deposits and borrowings, and current market
conditions and interest rates.

<PAGE>

One of the monitoring tools used by the ALCO is an analysis of the extent to
which assets and liabilities are interest rate sensitive and measures the
Company's interest rate sensitivity "gap". An asset or liability is said to be
interest rate sensitive within a specific time period if it will mature or
reprice within that time period. A gap is considered positive when the amount of
interest rate sensitive assets exceeds the amount of interest rate sensitive
liabilities. A gap is considered negative when the amount of interest rate
sensitive liabilities exceeds the amount of interest rate sensitive assets.
Accordingly, during a period of rising rates, a negative gap may result in the
yield on the institution's assets increasing at a slower rate than the increase
in its cost of interest-bearing liabilities resulting in a decrease in net
interest income. Conversely, during a period of falling interest rates, an
institution with a negative gap would experience a repricing of its assets at a
slower rate than its interest-bearing liabilities which, consequently, may
result in its net interest income growing.

The following table sets forth the amounts of interest-earning assets and
interest-bearing liabilities outstanding at the periods indicated which are
anticipated by the Company, based upon certain assumptions, to reprice or mature
in each of the future time periods presented. Except as noted, the amount of
assets and liabilities which reprice or mature during a particular period were
determined in accordance with the earlier of the term to repricing or the
contractual terms of the asset or liability. Because the Bank has no interest
bearing liabilities with a maturity greater than five years, management believes
that a static gap for the over five year time period reflects a more accurate
assessment of interest rate risk. The Company's loan repayment assumptions are
based upon actual historical repayment rates.

<PAGE>

<TABLE>
<CAPTION>

                     Cumulative Rate Sensitive Balance Sheet
                                 March 31, 2002
                                 (in thousands)


                                   0 - 3        0 - 6         0 - 1        0 - 5                        All
                                  Months       Months          Year         Year       5 + Years      Others          TOTAL
                                  ------       ------        -------     --------      ---------     --------        --------

<S>                                <C>          <C>          <C>         <C>             <C>          <C>            <C>
Investment Securities              $4,590       $6,607       $11,228     $ 41,504        $   0        $   0          $ 41,504

Loans :
     Commercial                    26,392       29,687        31,267       53,300       63,564            0           116,864
     Mortgage                         624        1,001         1,555       11,487       12,418            0            23,905
     Consumer                      19,910       20,125        20,446       21,988          535            0            22,523

Federal Funds Sold                 15,300       15,300        15,300       15,300            0            0            15,300
Other Assets                            0            0             0            0            0       29,803            29,803
                              ------------ ------------ ------------- ------------ ------------ ------------    --------------

TOTAL ASSETS                      $66,816      $72,720      $108,604     $143,579     $220,096     $249,899          $249,899
                                  =======      =======      ========     ========     ========     ========          ========

Transaction /
NOW Accounts                      $50,511      $50,511       $50,511      $50,511        $   0        $   0           $50,511
Money Market                       29,084       29,084        29,084       29,084            0            0            29,084
Savings                            29,728       29,728        29,728       29,728            0            0            29,728
CD's < $100,000                     9,733       15,891        18,625       19,125            0            0            19,125
CD's > $100,000                    13,954       19,783        20,854       20,854            0            0            20,854
Other Liabilities                       0            0             0            0            0       73,195            73,195
Equity                                  0            0             0            0            0       27,402            27,402
                              ------------ ------------ ------------- ------------ ------------ ------------    --------------

TOTAL LIABILITIES AND EQUITY
                                 $133,010     $144,997      $148,802     $149,302     $149,302     $249,899          $249,899
                                 ========     ========      ========     ========     ========     ========          ========

Dollar Gap                       (66,194)     (72,277)      (69,006)      (5,723)       70,794
Gap / Total Assets                -26.49%      -28.92%       -27.61%      -16.28%       28.33%
Target Gap Range                 +/-35.0%    +/- 30.0%     +/- 25.0%     +/-25.0%
RSA / RSL                          50.23%       50.15%        53.63%       96.17%      147.42%
(Rate Sensitive Assets to
 Rate Sensitive Liabilities)
</TABLE>

<PAGE>

CAPITAL
A significant measure of the strength of a financial institution is its capital
base. The Company's federal regulators have classified and defined Company
capital into the following components : (1) Tier I Capital, which includes
tangible shareholders' equity for common stock and qualifying preferred stock,
and (2) Tier II Capital, which includes a portion of the allowance for possible
loan losses, certain qualifying long-term debt, and preferred stock which does
not qualify for Tier I Capital. Minimum capital levels are regulated by
risk-based capital adequacy guidelines which require certain capital as a
percent of the Company's assets and certain off-balance sheet items adjusted for
predefined credit risk factors (risk-adjusted assets).

A bank holding company is required to maintain, at a minimum, Tier I Capital as
a percentage of risk-adjusted assets of 4.0% and combined Tier I and Tier II
Capital as a percentage risk-adjusted assets of 8.0%.

In addition to the risk-based guidelines, the Company's regulators require that
an institution which meets the regulator's highest performance and operation
standards maintain a minimum leverage ratio (Tier I Capital as a percentage of
tangible assets) of 3.0%, although most institutions will be expected to have a
ratio 100-200 basis points higher. For those institutions with higher levels of
risk or that are experiencing or anticipating significant growth, the minimum
leverage ratio will be evaluated through the ongoing regulatory examination
process. The Company is subject to substantially similar regulations by its
federal regulations.


The following table summarizes the risk-based and leverage capital ratios for
the Company at March 31, 2002, as well as the required minimum regulatory
capital ratios :

<TABLE>
<CAPTION>

                                Capital Adequacy
                                                                                    Minimum
                                                March 31,                          Regulatory
                                                   2002                            Requirements
                                            ----------------                    -----------------
Risk-Based Capital :
<S>                                              <C>                                   <C>
         Tier I Capital Ratio                    15.77%                                4.0%
         Total Capital Ratio                     16.73%                                8.0%
Leverage Ratio                                   11.53%                                3.0%
</TABLE>

IMPACT OF INFLATION AND CHANGING PRICES
The consolidated financial statements of the Company and notes thereto,
presented elsewhere herein, have been prepared in accordance with accounting
principles generally accepted in the United States of America, which require the
measurement of financial position and operating results in terms of historical
dollars without considering the change in the relative purchasing power of money
over time and due to inflation. The impact of inflation is reflected in the
increased cost of the Company's operations. Unlike most industrial companies,
nearly all of the assets and liabilities of the Company are monetary. As a
result, interest rates have a greater impact on the Company's performance than
do the effects of general levels of inflation. Interest rates do not necessarily
move in the same direction or to the same extent as the prices of goods and
services.


<PAGE>

PART II         OTHER INFORMATION

Item 1.         Legal proceedings

         The Company and the Bank are periodically parties to or otherwise
involved in legal proceedings arising in the normal course of business, such as
claims to enforce liens, claims involving the making and servicing of real
property loans, and other issues incident to the Bank's business. Management
does not believe that there is any pending or threatened proceedings against the
Company or the Bank which, if determined adversely, would have a material effect
on the business, financial position or results of operations of the Company or
the Bank.


Item 2.         Changes in securities  -  NONE

Item 3.         Defaults upon senior securities  -  NONE

Item 4.         Submission of matters to a vote of securities holders  -  NONE

Item 5.         Other information  -  NONE

Item 6.         Exhibits and reports on Form 8-K  -  NONE

<PAGE>

                                   SIGNATURES

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




                              By:    /s/  Albert F. Buzzetti
                                ------------------------------------------
                                     (Registrant - Bridge View Bancorp)
                                                Albert F. Buzzetti
                                       President and Chief Executive Officer

Date:  May 14, 2002