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 quarterly period ended March 31, 2000

                                       OR

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

           For the transition period from ____________ to ____________

                         Commission file number 0-21491

                            Big Foot Financial Corp.
             (Exact name of registrant as specified in its charter)

           ILLINOIS                                             36-410848-0
 (State or other jurisdiction of                               (IRS Employer
 incorporation or organization)                              Identification No.)

                       1190 RFD, Long Grove, IL 60047-7304
                    (Address of principal executive offices)
                                   (Zip Code)
                                 (847) 634-2100
               (Registrant's telephone number including area code)
                                       NA
              (Former name, former address and former fiscal year,
                          if changed from last Report)

          Indicate  by check  mark  whether  the  registrant  (1) has  filed all
reports  required to be filed by Section 13 or 15(d) of the Securities  Exchange
Act of 1934 during the preceding  twelve months (or for such shorter period that
the registrant  was required to file such reports),  and (2) has been subject to
such filing requirement for the past 90 days.

Yes   X                                                              No
   -------                                                              ------

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

                                                      OUTSTANDING AT
                    CLASS                               MAY 8, 2000
                    -----                               -----------
          Common Stock, Par Value $.01                   1,855,149


<PAGE>

                                TABLE OF CONTENTS

                         PART I - FINANCIAL INFORMATION


<TABLE>
<S>       <C>                                                                                         <C>
ITEM 1.    FINANCIAL STATEMENTS OF BIG FOOT FINANCIAL CORP.

           Consolidated Statements of Financial Condition (Unaudited)
           March 31, 2000 and June 30, 1999......................................................       Page  3

           Consolidated Statements of Earnings (Unaudited) - Three months and Nine months
           ended March 31, 2000 and 1999.........................................................       Page  4

           Consolidated Statements of Cash Flows (Unaudited) - Nine months
           ended March 31, 2000 and 1999.........................................................       Page  5

           Notes to Unaudited Consolidated Financial Statements..................................       Page  6

ITEM 2.    MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
           AND RESULTS OF OPERATIONS.............................................................       Page  8

ITEM 3.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK............................       Page 14


                           PART II - OTHER INFORMATION

ITEM 1.    LEGAL PROCEEDINGS.....................................................................       Page 14

ITEM 2.    CHANGES IN SECURITIES AND USE OF PROCEEDS.............................................       Page 14

ITEM 3.    DEFAULTS UPON SENIOR SECURITIES.......................................................       Page 15

ITEM 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS...................................       Page 15

ITEM 5.    OTHER INFORMATION.....................................................................       Page 15

ITEM 6.    EXHIBITS AND REPORTS ON FORM 8-K......................................................       Page 15

           SIGNATURES
</TABLE>


                                       2
<PAGE>

                     BIG FOOT FINANCIAL CORP. AND SUBSIDIARY
                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
                                   (Unaudited)
                        (In thousands, except share data)

<TABLE>
<CAPTION>
                                                                              MARCH 31,     JUNE 30,
                                      ASSETS                                    2000         1999
                                                                             -----------   ---------
<S>                                                                           <C>          <C>
Cash and due from banks ...................................................   $   2,740    $   3,126
Interest-earning deposits .................................................       4,882        7,501
Mortgage-backed securities held-to-maturity, at amortized cost
 (fair value of $21,033 at March 31, 2000 and $28,055 at June 30, 1999) ...      21,869       28,567
Mortgage-backed securities available-for-sale, at fair value ..............      20,721       25,447
Investment in mutual funds and preferred stock, at fair value .............       3,264        3,320
Loans receivable, net .....................................................     147,970      138,517
Accrued interest receivable ...............................................         950          979
Stock in Federal Home Loan Bank of Chicago, at cost .......................       2,800        2,600
Investment in real estate held for sale and development, net ..............          --          154
Office properties and equipment, net ......................................       4,580        4,820
Prepaid expenses and other assets .........................................         434          462
                                                                              ---------    ---------
Total assets ..............................................................   $ 210,210    $ 215,493
                                                                              =========    =========

                                    LIABILITIES

Noninterest-bearing NOW accounts ..........................................   $   6,251    $   5,949
Interest-bearing NOW accounts .............................................       8,291       10,020
Money market demand accounts ..............................................      10,806       10,865
Passbook accounts .........................................................      36,943       39,358
Certificates of deposit ...................................................      58,008       57,725
                                                                              ---------    ---------
Total savings deposits ....................................................     120,299      123,917

Borrowed money ............................................................      56,000       52,000
Advance payments by borrowers for taxes and insurance .....................       1,700        1,866
Accrued interest payable and other liabilities ............................       2,178        2,988
                                                                              ---------    ---------
Total liabilities .........................................................     180,177      180,771
                                                                              ---------    ---------

                               STOCKHOLDERS' EQUITY

Preferred Stock, $.01 par value, 2,000,000 shares authorized; none issued .          --           --
Common Stock, $.01 par value, 8,000,000 shares authorized;
   2,512,750 shares issued ................................................         25           25
Treasury stock, at cost (610,601 shares at March 31, 2000 and
   241,801 shares at June 30, 1999) .......................................      (7,815)      (3,259)
Additional paid-in capital ................................................      24,504       24,463
Retained earnings-substantially restricted ................................      16,958       16,866
Common stock acquired by the ESOP .........................................      (1,508)      (1,508)
Common stock acquired by Recognition and Retention Plan ...................      (1,099)      (1,385)
Accumulated other comprehensive loss ......................................      (1,032)        (480)
                                                                              ---------    ---------

Total stockholders' equity ................................................      30,033       34,722
                                                                              ---------    ---------

Total liabilities and stockholders' equity ................................   $ 210,210    $ 215,493
                                                                              =========    =========
</TABLE>

     (See accompanying notes to unaudited consolidated financial statements)



                                       3
<PAGE>
                     BIG FOOT FINANCIAL CORP. AND SUBSIDIARY
                       CONSOLIDATED STATEMENTS OF EARNINGS
                                   (Unaudited)
                      (In thousands, except per share data)
<TABLE>
<CAPTION>
                                                        FOR THE THREE        FOR THE NINE
                                                         MONTHS ENDED        MONTHS ENDED
                                                          MARCH 31,            MARCH 31,
                                                      -----------------   -----------------
                                                        2000     1999      2000       1999
                                                      -------   -------   -------   -------
<S>                                                   <C>       <C>       <C>       <C>
                        INTEREST INCOME
Mortgage-backed securities held-to-maturity .......   $   311   $   491   $ 1,009   $ 1,695
Mortgage-backed securities available-for-sale .....       342       451     1,082     1,335
Mutual funds and preferred stock ..................        54        54       162       218
Loans receivable ..................................     2,590     2,272     7,605     6,693
Interest-earning deposits .........................        60       100       193       435
FHLB of Chicago stock .............................        56        40       143       148
                                                      -------   -------   -------   -------
Total interest income .............................     3,413     3,408    10,194    10,524
                                                      -------   -------   -------   -------

                       INTEREST EXPENSE
Savings deposits ..................................     1,055     1,108     3,184     3,496
Borrowed money ....................................       799       727     2,306     2,217
                                                      -------   -------   -------   -------
Total interest expense ............................     1,854     1,835     5,490     5,713
                                                      -------   -------   -------   -------

Net interest income before provision
   for loan issued.................................    1,559     1,573     4,704     4,811
Provision for loan losses .........................       --        --        --        --
                                                      -------   -------   -------   -------
Net interest income after provision for loan losses     1,559     1,573     4,704     4,811
                                                      -------   -------   -------   -------

                       NONINTEREST INCOME
Service fees ......................................        57        61       193       189
Other .............................................         8         7        35        21
                                                      -------   -------   -------   -------
Total noninterest income ..........................        65        68       228       210
                                                      -------   -------   -------   -------

                       NONINTEREST EXPENSE
Compensation and benefits .........................       775       724     2,312     2,297
Office occupancy ..................................       289       302       848       830
Federal deposit insurance premiums ................         6        19        43        57
Real estate held for sale and development .........        --        11         8        34
Professional services .............................       212        60       540       208
Other expense .....................................       158       177       540       617
                                                      -------   -------   -------   -------
Total noninterest expense .........................     1,440     1,293     4,291     4,043
                                                      -------   -------   -------   -------

Income before income taxes ........................       184       348       641       978
Income tax expense ................................        65       126       232       364
                                                      -------   -------   -------   -------
                           NET INCOME                 $   119   $   222   $   409   $   614
                                                      =======   =======   =======   =======

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

Earnings per share:
 Basic ............................................   $  0.06   $  0.10   $  0.20   $  0.27
 Diluted ..........................................      0.06      0.10      0.20      0.27
</TABLE>

     (See accompanying notes to unaudited consolidated financial statements)

                                       4
<PAGE>

                     BIG FOOT FINANCIAL CORP. AND SUBSIDIARY
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                                 (In thousands)

<TABLE>
<CAPTION>
                                                                                          FOR THE
                                                                                      NINE MONTHS ENDED
                                                                                          MARCH 31,
                                                                                    --------------------
                                                                                      2000        1999
                                                                                    --------    --------
<S>                                                                                 <C>         <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income ......................................................................   $    409    $    614
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization....................................................        365         332
Market adjustment for committed ESOP shares .....................................         41          65
Amortization of award of RRP shares .............................................        286         350
Net amortization of deferred loan fees ..........................................        (47)       (131)
Net amortization of discounts and premiums ......................................        255         283
(Increase) decrease in accrued interest receivable ..............................         29         (28)
(Increase) decrease in prepaid expenses and other assets ........................         28         (31)
Decrease in accrued interest payable and other liabilities, net .................       (526)       (199)
                                                                                    --------    --------
Net cash provided by operating activities .......................................        840       1,255
--------------------------------------------------------------------------------------------------------

CASH FLOWS FROM INVESTING ACTIVITIES:
Origination of loans receivable .................................................    (21,875)    (30,571)
Principal repayment of loans receivable .........................................     12,469      16,594
Principal repayments on mortgage-back securities held-to-maturity ...............      6,502      13,078
Principal repayments on mortgage-backed securities available-for-sale ...........      4,237      12,665
Purchase of mortgage-backed securities available-for-sale .......................         --     (10,121)
Purchase of investment securities available-for-sale ............................       (350)       (942)
(Purchase) redemption of stock in Federal Home Loan Bank of Chicago .............       (200)        800
Proceeds from sale of real estate held for development ..........................        154          --
Purchase of office properties and equipment .....................................       (125)       (545)
                                                                                    --------    --------
Net cash provided by investing activities .......................................        812         958
--------------------------------------------------------------------------------------------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
Net decrease in savings deposits ................................................     (3,618)     (1,457)
Net increase (decrease) in borrowed money .......................................      4,000      (1,000)
Decrease in advance payments by borrowers for taxes and insurance ...............       (166)       (252)
Payment of cash dividend ........................................................       (317)         --
Purchase of treasury stock ......................................................     (4,556)     (2,827)
Purchase of RRP shares ..........................................................         --      (1,013)
                                                                                    --------    --------
Net cash used in financing activities ...........................................     (4,657)     (6,549)
--------------------------------------------------------------------------------------------------------

Net decrease in cash and cash equivalents .......................................     (3,005)     (4,336)
Cash and cash equivalents at the beginning of period ............................     10,627      13,146
                                                                                    --------    --------
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD ..............................   $  7,622    $  8,810
--------------------------------------------------------------------------------------------------------

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for:
 Interest .......................................................................   $  5,529    $  5,776
 Income taxes ...................................................................        350         405
</TABLE>


     (See accompanying notes to unaudited consolidated financial statements)


                                       5
<PAGE>

                     BIG FOOT FINANCIAL CORP. AND SUBSIDIARY

              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

(1)  BASIS OF PRESENTATION

         The accompanying  unaudited  consolidated  financial statements include
the accounts of Big Foot Financial Corp.  (the  "Company") and its  wholly-owned
subsidiary, Fairfield Savings Bank, F.S.B. (the "Bank") as of March 31, 2000 and
June 30, 1999 and for the three and nine month  periods ended March 31, 2000 and
1999.  Material  intercompany  accounts and transactions have been eliminated in
consolidation. The accompanying unaudited consolidated financial statements have
been prepared in accordance with generally  accepted  accounting  principles for
interim financial information and with the instructions to Form 10-Q and Article
10 of Regulation  S-X.  Accordingly,  they do not include all of the information
and footnotes required by generally accepted accounting  principles for complete
financial statements. The preparation of financial statements in conformity with
generally accepted  accounting  principles requires management to make estimates
and assumptions  that affect the reported  amounts of assets and liabilities and
disclosures  of contingent  assets and  liabilities at the date of the financial
statements  and the  reported  amounts  of  revenues  and  expenses  during  the
reporting  period.  Actual  results  could differ from those  estimates.  In the
opinion of management the unaudited  consolidated  financial  statements include
all necessary  adjustments,  consisting of normal recurring accruals,  necessary
for a fair presentation for the periods presented.  These consolidated financial
statements should be read in conjunction with the audited  financial  statements
for the  year  ended  June 30,  1999,  and the  notes  thereto  included  in the
Company's 1999 Annual Report on Form 10K.

         The Company  believes  that the  disclosures  are  adequate to make the
information  presented  not  misleading;  however,  the  results for the periods
presented  are not  necessarily  indicative  of results to be  expected  for the
entire 2000 fiscal year.

(2)  EARNINGS PER SHARE

         Basic earnings per share is calculated by dividing income  available to
common stockholders by the weighted average number of common shares outstanding.
Diluted  earnings per share is calculated by dividing income available to common
stockholders  by the weighted  average number of common shares  adjusted for the
dilutive  effect of outstanding  stock options.  ESOP shares are only considered
outstanding  for earnings per share  calculations  when they are committed to be
released.  Presented below are the  calculations  for basic and diluted earnings
per share:


                                       6
<PAGE>

<TABLE>
<CAPTION>
                                                 THREE MONTHS ENDED        NINE MONTHS ENDED
                                                      MARCH 31,                 MARCH 31,
                                               -----------------------   -----------------------
                                                  2000         1999         2000         1999
                                               ----------   ----------   ----------   ----------
<S>                                            <C>          <C>          <C>          <C>
BASIC:
Net income .................................   $  119,000   $  222,000   $  409,000   $  614,000
Weighted average shares outstanding ........    1,878,835    2,191,090    2,009,515    2,271,503
Basic earnings per share ...................         0.06         0.10         0.20         0.27

DILUTED:
Net income .................................   $  119,000   $  222,000   $  409,000   $  614,000
Weighted average shares outstanding ........    1,878,835    2,191,000    2,009,515    2,271,503
Effect of dilutive stock options outstanding           --           --           --           --
Diluted weighted average shares outstanding     1,878,835    2,191,090    2,009,515    2,271,503
Diluted earnings per share .................         0.06         0.10         0.20         0.27
</TABLE>


(3)  COMPREHENSIVE INCOME

         The Company's  comprehensive income (loss) for the three and nine month
periods ended March 31, 2000 and 1999 is as follows:

<TABLE>
<CAPTION>
                                                                   THREE MONTHS ENDED       NINE MONTHS ENDED
                                                                        MARCH 31,                MARCH 31,
                                                                 ----------------------    ----------------------
                                                                   2000         1999         2000          1999
                                                                 ---------    ---------    ---------    ---------
<S>                                                              <C>          <C>          <C>          <C>
Net income ...................................................   $ 119,000    $ 222,000    $ 409,000    $ 614,000
Other comprehensive income (loss), net of tax:
   Unrealized holding gains (losses) arising during the period     (24,000)    (163,000)    (552,000)    (270,000)
                                                                 ---------    ---------    ---------    ---------
Comprehensive income (loss) ..................................   $  95,000    $  59,000    $(143,000)   $ 344,000
                                                                 =========    =========    =========    =========
</TABLE>


(4)  DIVIDEND DECLARATION

         On  February  15,  2000,  the Board of  Directors  declared a quarterly
dividend of $.05 per share,  which was paid on March 15, 2000 to stockholders of
record on February 29, 2000.

(5)  STOCK REPURCHASE PROGRAM

         In February 2000, the Board of Directors  approved the repurchase of an
additional 150,000 shares of the Company's  outstanding common stock. The shares
of common stock available for repurchase under the current  repurchase  program,
together   with  shares  of  common   stock   previously   repurchased,   totals
approximately  28.5% of the total  shares  issued by the  Company in the initial
public offering.  Repurchases  will be made from time to time through  privately
negotiated  transactions,  odd-lot purchases and open-market transactions at the
discretion of management. At March 31, 2000, 610,601 shares had been repurchased
under all of the repurchase  programs at an average cost of $12.80 per share and
105,498 shares remain to be repurchased  under the current  program.  Management
continues to believe  that stock  repurchase


                                       7
<PAGE>

programs are an effective capital  management tool and provide enhanced value to
both the Company and its stockholders.


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

FORWARD LOOKING STATEMENTS

         This Quarterly  Report on Form 10-Q contains  certain  forward  looking
statements  consisting  of estimates  with respect to the  financial  condition,
results of  operations  and  business of the Company 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;  the  development  of an  adverse  interest  rate  environment  that
adversely affects the interest rate spread or other income  anticipated from the
Company's operations and investments; and depositor and borrower preferences.

GENERAL

         The Company's  principal  business is its investment in the Bank, which
is a community-oriented  financial  institution providing a variety of financial
services  to the  communities  which it serves.  The Bank's  principal  business
consists of gathering savings deposits from the general public within its market
area and investing  those funds  primarily in mortgage  loans secured by one- to
four-family   owner   occupied   properties,   mortgage-backed   securities  and
obligations  of  the  U.S.  Government.  To a  lesser  extent,  the  Bank  makes
multifamily  residential loans, commercial real estate loans, land, construction
and development loans, consumer loans and commercial lines of credit. The Bank's
revenues are derived  principally  from interest on mortgage  loans and interest
and dividends on investments,  mortgage-backed  securities and, to a much lesser
extent,  short-term  investments.  The Bank also  derives  income  from fees and
service  charges.  The Bank's primary sources of funds are savings deposits and,
to a lesser  extent,  advances  from the Federal  Home Loan Bank of Chicago (the
"FHLB"). The Bank does not have any subsidiaries.

         The selected  financial  ratios and other data of the Company set forth
in the table on the next page are  derived in part  from,  and should be read in
conjunction with, the Unaudited Consolidated Financial Statements of the Company
presented elsewhere in this report.


                                       8
<PAGE>

FINANCIAL HIGHLIGHTS
(Dollars in thousands, except per share data)

<TABLE>
<CAPTION>
                                                                         MARCH 31,    JUNE 30,
                                                                            2000        1999
                                                                         ---------    --------
<S>                                                                       <C>         <C>
SELECTED FINANCIAL CONDITION DATA:
   Total assets ......................................................    $210,210    $215,493
   Loans receivable (net) ............................................     147,970     138,517
   Allowance for loan losses .........................................         300         300
   Mortgage-backed securities ........................................      42,590      54,014
   Savings deposits ..................................................     120,299     123,917
   Borrowed money ....................................................      56,000      52,000
   Stockholders' equity ..............................................      30,033      34,722

<CAPTION>
                                                                              AT OR FOR THE            AT OR FOR THE
                                                                            THREE MONTHS ENDED       NINE MONTHS ENDED
                                                                                MARCH 31,                MARCH 31,
                                                                             2000        1999         2000       1999
                                                                          ----------  ----------   ----------  ----------
<S>                                                                       <C>         <C>          <C>         <C>
SELECTED OPERATING DATA:
   Net interest income before provision for loan losses ..............    $    1,559  $    1,573   $    4,704  $    4,811
   Net income ........................................................           119         222          409         614

SELECTED FINANCIAL RATIOS:
    Bank capital ratios:
        Tangible .....................................................         12.14%      12.68%       12.14%      12.68%
        Core .........................................................         12.14       12.68        12.14       12.68
        Risk-based ...................................................         27.49       31.03        27.49       31.03
    Return on average assets (1) .....................................          0.23        0.41         0.26        0.38
    Return on average stockholders' equity (1) .......................          1.53        2.50         1.65        2.24
    Consolidated equity to assets at end of period ...................         14.29       16.31        14.29       16.31
    Noninterest expense to average assets (1) ........................          2.74        2.39         2.70        2.47
    Non-performing assets as a percent of total assets ...............          0.14        0.10         0.14        0.10
    Allowance for loan losses as a percent of total loans ............          0.20        0.23         0.20        0.23
    Allowance for loan losses as a percent of non-performing loans ...         98.68      144.93        98.68      144.93

PER SHARE DATA:
    Basic earnings per share .........................................    $     0.06  $     0.10   $     0.20  $     0.27
    Diluted earnings per share .......................................          0.06        0.10         0.20        0.27
    Book value per share .............................................         15.79       15.20        15.79       15.20
    Cash dividends per share .........................................          0.05          --         0.15          --

STOCK QUOTES:
    High .............................................................    $   13.000  $   14.250   $   15.063  $   18.500
    Low ..............................................................        10.250      12.313       10.250      12.313
    At March 31 ......................................................        11.438      12.875       11.438      12.875
</TABLE>

--------------------------------------------------------------------------------
(1)       Three and nine month results have been annualized.


                                       9
<PAGE>

COMPARISON OF FINANCIAL CONDITION AT MARCH 31, 2000 AND JUNE 30, 1999

         Total assets  decreased  $5.3  million from $215.5  million at June 30,
1999 to $210.2 million at March 31, 2000. The components of the Company's  asset
base  also  changed  from  June 30,  1999 to  March  31,  2000.  Mortgage-backed
securities  ("MBS")  (including  both  held-to-maturity  and  available-for-sale
portfolios) decreased $11.4 million from $54.0 million at June 30, 1999 to $42.6
million at March 31,  2000.  This  decrease is  primarily  due to the receipt of
$10.7 million in principal  repayments during the nine month period. An increase
of $9.5 million in loans receivable was the result of loan originations of $21.9
million which exceeded the $12.5 million of loan  repayments.  Interest  earning
deposits  decreased  $2.6  million  from $7.5  million at June 30,  1999 to $4.9
million at March 31, 2000, and primarily funded the savings outflows.

         Investments  in mutual funds and  preferred  stock are recorded at fair
value and were $3.3  million at both March 31, 2000 and June 30,  1999.  The net
unrealized  loss in this  portfolio  is included as a component  of  accumulated
other comprehensive loss.

         The  allowance  for loan losses at March 31, 2000 and June 30, 1999 was
$300,000.  Management believes that the allowance for loan losses is adequate to
cover  any  known  losses,  and  any  losses  reasonably  expected  in the  loan
portfolio.  While  management  estimates  loan losses  using the best  available
information,  no assurance  can be made that future  additions to the  allowance
will not be necessary. The ratio of the allowance for loan losses to total loans
was 0.20% and 0.22% at March 31, 2000 and June 30, 1999, respectively.  At March
31,  2000 and June 30,  1999,  the  ratio of the  allowance  for loan  losses to
non-performing  loans was 98.68% and 155.44%,  respectively.  The Bank had three
non-performing loans totaling approximately $304,000 at March 31, 2000 and three
non-performing  loans totaling  approximately  $193,000 at June 30, 1999.  There
were no loan  chargeoffs  during the nine month periods ended March 31, 2000 and
1999.

         Savings deposits decreased $3.6 million from June 30, 1999 to March 31,
2000;  during this time,  borrowed  funds  increased by $4.0  million.  Interest
bearing NOW accounts  declined $1.7 million  primarily due to  withdrawals  from
government entity deposits,  as such balances tend to fluctuate during the year.
Passbook  savings were $36.9 million at March 31, 2000 compared to $39.4 million
at June 30, 1999.  Certificates of deposit accounts  increased $283,000 to $58.0
million at March 31,  2000.  During the  quarter,  the Bank offered a special CD
program  which  attracted  approximately  $3.7  million of new  certificates  of
deposits.

         Stockholders'  equity  at March  31,  2000 was  $30.0  million  or $4.7
million  less than at June 30,  1999.  This  decline  was due  primarily  to the
Company's  stock  repurchase  program  and  the  payment  of a $0.05  per  share
quarterly cash dividend in each of the three quarters in fiscal 2000.  Under the
Company's stock repurchase programs,  the Company acquired 368,800 shares of its
common stock at an aggregate  cost of $4.6 million  during the nine months ended
March 31,  2000.  Since  March 31,  2000,  the  Company  has also  purchased  an
additional 47,000 shares at an aggregate cost of $531,000.


                                       10
<PAGE>

           COMPARISON OF OPERATING RESULTS FOR THE THREE MONTHS ENDED
                             MARCH 31, 2000 AND 1999

         GENERAL.  For the three  months  ended March 31,  2000,  net income was
$119,000 or $0.06 basic and diluted earnings per share,  compared to $222,000 or
$0.10 basic and diluted  earnings per share for the three months ended March 31,
1999.

         INTEREST INCOME.  Interest income was $3.4 million for the three months
ended March 31, 2000 and 1999. The average  balance of  interest-earning  assets
decreased  $5.4 million from $206.8 million for the three months ended March 31,
1999 to $201.4  million for the three months  ended March 31, 2000.  The average
yield on the Bank's interest-earning assets increased 19 basis points from 6.59%
for the three  months  ended March 31, 1999 to 6.78% for the three  months ended
March 31, 2000.

         INTEREST  EXPENSE.  Interest  expense  increased  $19,000  and was $1.8
million for the three  months  ended March 31, 2000 and 1999.  The average  rate
paid on interest-bearing  liabilities  increased two basis points from 4.39% for
the three  months ended March 31, 1999 to 4.41% for the three months ended March
31, 2000. The average balance of interest-bearing liabilities decreased $389,000
to $168.9  million for the three months ended March 31, 2000 from $169.3 million
for the three months  ended March 31, 1999.  The increase in the cost of average
interest-bearing  liabilities resulted primarily from higher rates paid on money
market demand  accounts and borrowed  money which was partially  offset by lower
costs on certificates of deposit.

         NET INTEREST  INCOME  BEFORE  PROVISION  FOR LOAN LOSSES.  Net interest
income  before  provision  for loan losses was $1.6 million for the three months
ended March 31, 2000 and 1999.  The average  interest  rate spread  increased 17
basis  points from 2.20% for the three  months ended March 31, 1999 to 2.37% for
the comparable  period in 2000. Net interest margin  increased nine basis points
and was 3.08% for the three months ended March 31, 2000.

         PROVISION  FOR LOAN LOSSES.  There was no provision for loan losses for
the three months ended March 31, 2000 or for the comparable  period in 1999. See
"Comparison of Financial Condition at March 31, 2000 and June 30, 1999".

         NONINTEREST INCOME. Noninterest income was $65,000 for the three months
ended March 31,  2000,  compared to $68,000 for the three months ended March 31,
1999.

         NONINTEREST  EXPENSE.  Noninterest expense increased $147,000 from $1.3
million  for the three  months  ended  March 31,  1999 to $1.4  million  for the
comparable period in 2000.

         Compensation  and benefits expense  increased  $51,000 during the three
months ended March 31, 2000 over the similar period in 1999.

         Professional  services  expense was $212,000 for the three months ended
March 31, 2000, an increase of $152,000 over the  comparable  1999 period.  This
increase was  primarily  due to  increases  in legal fees  incurred in a suit to
recover  damages  in a real  estate  development  known


                                       11
<PAGE>

as The Trails of Olympia Fields. A trial date previously  scheduled for May 2000
has been postponed by the trial judge. A new trial date has not yet been set.

         Other  expense was  $158,000 for the three months ended March 31, 2000,
compared to $177,000 for the comparable period in 1999. This decrease was due to
expenses  that were incurred in the 1999 quarter for Year 2000  safeguards,  and
decreased expenses as a result of reduced mortgage loan origination volume.

         INCOME TAX EXPENSE.  Income tax expense decreased $61,000 from $126,000
for the three  months ended March 31, 1999 to $65,000 for the three months ended
March 31, 2000.  This  decrease was primarily due to the decrease of $164,000 in
pre-tax  income and a decrease in the effective tax rate. The effective tax rate
was 35.3% and 36.2% for the three month  periods  ended March 31, 2000 and 1999,
respectively.

            COMPARISON OF OPERATING RESULTS FOR THE NINE MONTHS ENDED
                             MARCH 31, 2000 AND 1999

         GENERAL.  For the nine  months  ended  March 31,  2000,  net income was
$409,000 or $0.20 basic and diluted earnings per share,  compared to $614,000 or
$0.27 basic and diluted  earnings  per share for the nine months ended March 31,
1999.

         INTEREST INCOME.  Interest income was $10.2 million for the nine months
ended March 31, 2000,  compared to $10.5 million for the nine months ended March
31, 1999. The average balance of interest  earning assets decreased $5.7 million
from $208.8  million for the nine months ended March 31, 1999 to $203.1  million
for the nine  months  ended  March 31,  2000.  The  average  yield on the Bank's
interest-earning  assets  decreased  three basis  points from 6.72% for the nine
months ended March 31, 1999 to 6.69% for the nine months ended March 31, 2000.

         INTEREST  EXPENSE.  Interest  expense  decreased  $223,000 and was $5.5
million  for the nine  months  ended  March  31,  2000.  This  decrease  was due
primarily to a lower cost of funds.  The average  rate paid on  interest-bearing
liabilities decreased 14 basis points from 4.47% for the nine months ended March
31, 1999 to 4.33% for the nine months ended March 31, 2000. The average  balance
of interest-bearing liabilities increased $2.0 million to $168.4 million for the
nine months  ended March 31, 2000 from $170.4  million for the nine months ended
March 31, 1999.

         NET INTEREST  INCOME  BEFORE  PROVISION  FOR LOAN LOSSES.  Net interest
income before provision for loan losses decreased  $107,000 and was $4.7 million
for the nine months  ended March 31,  2000 and $4.8  million for the  comparable
period in 1999. The average  interest rate spread increased 11 basis points from
2.25%  for the nine  months  ended  March 31,  1999 to 2.36% for the  comparable
period in 2000. Net interest margin increased two basis points and was 3.09% for
the nine months ended March 31, 2000.

         PROVISION  FOR LOAN LOSSES.  There was no provision for loan losses for
the nine months ended March 31, 2000 and for the comparable  period in 1999. See
"Comparison of Financial Condition at March 31, 2000 and June 30, 1999".



                                       12
<PAGE>

         NONINTEREST INCOME. Noninterest income was $228,000 for the nine months
ended March 31, 2000  compared to $210,000  for the nine months  ended March 31,
1999.

         NONINTEREST  EXPENSE.  Noninterest expense increased $248,000 from $4.0
million  for the nine months  ended March 31, 1999 to $4.3  million for the nine
months ended March 31, 2000.

         Compensation and benefits expense increased $15,000 to $2.3 million for
the nine month  period  ended March 31, 2000  compared to the same period in the
prior year.

         Professional  service expense for the nine month period ended March 31,
2000 was  $540,000,  as compared to $208,000 for the nine months ended March 31,
1999.  This  increase  was  primarily  due to legal fees  incurred  in a suit to
recover  damages  in a real  estate  development  known as The Trails of Olympia
Fields.

         Office  occupancy  expense was $848,000 for the nine months ended March
31, 2000,  compared to $830,000 for the same period in 1999.  This  increase was
primarily due to furniture and fixture depreciation expense,  resulting from the
purchase of new ATMs and in-house data processing  equipment,  which were placed
into service in the second half of fiscal year 1999.

         Other  expense was  $540,000  for the nine month period ended March 31,
2000  compared to $617,000 for the nine month  period ended March 31, 1999.  The
decrease was due to expenses that were incurred  during the 1999 period for Year
2000  safeguards,  and decreased  expenses as a result of reduced  mortgage loan
origination volume.

         INCOME TAX EXPENSE. Income tax expense decreased $132,000 from $364,000
for the nine months  ended March 31, 1999 to $232,000  for the nine months ended
March 31, 2000.  This  decrease was  primarily  due to a decrease of $337,000 in
pre-tax  income and a decrease in the effective tax rate. The effective tax rate
was 36.2% and 37.2% for the nine month  periods  ended  March 31, 2000 and 1999,
respectively.


                         LIQUIDITY AND CAPITAL RESOURCES

         The Bank's primary sources of funds are savings deposits, principal and
interest payments on loans and mortgage-backed  securities,  and borrowings from
the  FHLB.   While   maturities   and  scheduled   amortization   of  loans  and
mortgage-backed securities provide an indication of the timing of the receipt of
funds,  changes in interest rates,  economic conditions and competition strongly
influence  mortgage  prepayment  rates and savings  deposit flows,  reducing the
predictability of the timing of sources of funds.

         The Bank is required to  maintain  an average  daily  balance of liquid
assets (cash,  certain time deposits,  bankers'  acceptances,  specified  United
States Government, state or federal agency obligations, shares of certain mutual
funds and certain  corporate debt  securities  and commercial  paper) equal to a
monthly average of not less than a specified  percentage of its net withdrawable
deposits accounts plus short-term borrowings.  This liquidity requirement may be
changed from time to time by the OTS to any amount within the range of 4% to 10%
depending upon economic


                                       13
<PAGE>

conditions and the savings flows of member institutions, and is currently 4%. At
March 31, 2000, the Bank's liquidity ratio was 36.6%. The Bank's liquidity ratio
is high  due to the  amount  of  mortgage-backed-securities  held in the  Bank's
investment  portfolio with a stated maturity of less than five years. The levels
of the Bank's  short-term  liquid assets are dependent on the Bank's  operating,
financing and investing activities during any given period.

         The primary  investing  activities  of the Bank during the three months
ended March 31, 2000 were the origination of mortgage and other loans.

         See the  "Consolidated  Statements  of  Cash  Flows"  in the  Unaudited
Consolidated Financial Statements included in this Form 10-Q for the sources and
uses of cash flows for operating  activities  and financing  activities  for the
nine months ended March 31, 2000 and 1999.

         At  March  31,  2000,  the  Bank  had  outstanding   loan   origination
commitments of $3.2 million and unused lines of consumer credit of $558,000. The
Bank  anticipates  that it will  have  sufficient  funds  available  to meet its
current  origination  and other  lending  commitments.  Certificates  of deposit
scheduled  to mature  in one year or less from  March  31,  2000  totaled  $41.2
million. Based upon the Bank's most recent pricing strategy, management believes
that a  significant  portion  of  such  deposits  will  remain  with  the  Bank.
Management believes it will have adequate resources to fund all commitments on a
short term and long term basis in accordance with its business strategy.

         At March 31,  2000,  the Bank  exceeded all of its  regulatory  capital
requirements with a tangible capital level of $25.2 million,  or 12.14% of total
adjusted assets, which is above the required level of $3.1 million or 1.5%; core
capital of $25.2 million, or 12.14% of total adjusted assets, which is above the
required  level of $6.2 million or 3.0%; and total  risk-based  capital of $25.5
million, or 27.49% of risk-weighted assets, which is above the required level of
$7.4 million, or 8.0%.

                                     ITEM 3.
           QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

         There has been no material  change in market risk since that  disclosed
in Item 7A of the Company's Form 10-K for the year ended June 30, 1999.


                                     PART II
                                OTHER INFORMATION

ITEM 1.       Legal Proceedings
              None

ITEM 2.       Changes in Securities and Use of Proceeds
              None



                                       14
<PAGE>

ITEM 3.       Defaults Upon Senior Securities
              None

ITEM 4.       Submission of Matters to a Vote of Security Holders
              None

ITEM 5.       Other Information
              None

ITEM 6.       Exhibits and Reports on Form 8-K
              (a) Exhibit 27 - Financial Data Schedule*
              (b) Reports on Form 8-K
                           None

              *Submitted only with filing in electronic format.


SIGNATURES

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

                                            BIG FOOT FINANCIAL CORP.
                                                  (Registrant)






                                             By:    /s/Timothy L. McCue
                                                 -------------------------------
                                                         Timothy L. McCue
                                                 Senior Vice President and Chief
                                                         Financial Officer

May 11, 2000


                                       15