<PAGE>

                       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 September 30, 2001

( )      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.

             3,226,145 shares of Common Stock as of October 31, 2001


                                       1
<PAGE>


                                      INDEX

                               BRIDGE VIEW BANCORP



Part I - Financial Information


Item 1.  Financial Statement

         Consolidated Statements of Financial Condition
         as of September 30, 2001(unaudited) and December 31, 2000

         Consolidated Statements of Income
         for the three months ended September 30, 2001 and 2000 (unaudited) and
         the nine months ended September 30, 2001 and 2000 (unaudited)

         Consolidated Statements of Cash Flows
         for the nine months ended September 30, 2001 and 2000  (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.



                                       2
<PAGE>


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

<TABLE>
<CAPTION>
                                                                                     September 30,        December 31,
                                                                                         2001                 2000
                                                                                    ---------------     ---------------
                                                                                      (unaudited)
<S>                                                                                 <C>                 <C>
ASSETS
Cash and cash equivalents:
     Cash and due from banks ...................................................    $        14,093     $        21,061
     Federal funds sold ........................................................             12,400              20,500
                                                                                    ---------------     ---------------
TOTAL CASH AND CASH EQUIVALENTS ................................................             26,493              41,561
                                                                                    ---------------     ---------------
Securities:
     Available for sale ........................................................             39,804              20,928
     Held to maturity (market value $20,440
     and $34,796 respectively) .................................................             20,270              34,741
                                                                                    ---------------     ---------------
TOTAL SECURITIES ...............................................................             60,074              55,669
                                                                                    ---------------     ---------------
Loans, net of allowance for losses of $1,529 and $1,473,
and deferred loan fees of $477 and $397, respectively ..........................            135,700             131,385
Premises and equipment, net ....................................................              3,493               3,768
Accrued interest receivable and other assets ...................................              2,623               2,544
                                                                                    ---------------     ---------------
TOTAL ASSETS ...................................................................    $       228,383     $       234,927
                                                                                    ===============     ===============

LIABILITIES AND STOCKHOLDERS' EQUITY
Deposits:
     Non-interest bearing demand deposits ......................................    $        72,047     $        79,798
     Interest bearing deposits:
          Savings and time deposits ............................................            101,440              96,342
          Certificates of deposit $100,000 + ...................................             25,897              32,225
                                                                                    ---------------     ---------------
TOTAL DEPOSITS .................................................................            199,384             208,365
Accrued interest payable and other liabilities .................................                979               1,299
Short term borrowings ..........................................................              2,000               2,000
                                                                                    ---------------     ---------------

TOTAL LIABILITIES ..............................................................            202,363             211,664
Commitments and Contingencies
Stockholders' equity:
     Common stock, no par value,
     authorized 10,000,000 shares issued
     and outstanding 3,226,145 in 2001
     and 3,214,179 in 2000 .....................................................             25,277              21,266
     Retained earnings .........................................................                491               2,079
     Accumulated other comprehensive income(loss) ..............................                252                 (82)
                                                                                    ---------------     ---------------
TOTAL STOCKHOLDERS' EQUITY .....................................................             26,020              23,263
                                                                                    ---------------     ---------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
                                                                                    $       228,383     $       234,927
                                                                                    ===============     ===============
</TABLE>

            See notes to unaudited consolidated financial statements.


                                       3
<PAGE>

                               BRIDGE VIEW BANCORP
                        CONSOLIDATED STATEMENTS OF INCOME
                            (unaudited, in thousands)
                             (except per share data)

<TABLE>
<CAPTION>
                                                                     Three months ended            Nine months ended
                                                                        September 30,                September 30,
                                                                    2001           2000           2001           2000
                                                                ------------   ------------   ------------   ------------
<S>                                                             <C>            <C>            <C>            <C>
Interest Income:
   Loans ...................................................    $      2,762   $      2,836   $      8,380   $      8,119
   Federal funds sold ......................................             132            171            824            261
   Investment Securities
      Taxable ..............................................             740            801          1,849          2,500
      Tax - exempt .........................................              77            103            261            316
                                                                ------------   ------------   ------------   ------------
TOTAL INTEREST INCOME ......................................           3,711          3,911         11,314         11,196

Interest Expense:
   Savings deposits ........................................             221            337            775            745
   Other time deposits .....................................             219            368            863          1,054
   Time deposits $100,000 + ................................             233            403            989          1,230
   Borrowed funds ..........................................              21           --               69             11
                                                                ------------   ------------   ------------   ------------
TOTAL INTEREST EXPENSE .....................................             694          1,108          2,696          3,040

               Net Interest Income .........................           3,017          2,803          8,618          8,156

Provision for loan losses ..................................              60             30            100            120

Net interest income after provision for loan losses ........           2,957          2,773          8,518          8,036

Non-interest income:
   Service charge income ...................................             548            373          1,410          1,100
                                                                ------------   ------------   ------------   ------------
TOTAL NON-INTEREST INCOME ..................................             548            373          1,410          1,100

Non-interest expense:
   Salaries and related expenses ...........................             823            787          2,464          2,385
   Premises and fixed assets ...............................             320            313            978            930
   Other ...................................................             452            460          1,394          1,310
                                                                ------------   ------------   ------------   ------------
TOTAL NON-INTEREST EXPENSE .................................           1,595          1,560          4,836          4,625

Income before income taxes .................................           1,910          1,586          5,092          4,511

Income tax expense .........................................             668            546          1,782          1,599
                                                                ------------   ------------   ------------   ------------

NET INCOME .................................................    $      1,242   $      1,040   $      3,310   $      2,912
                                                                ============   ============   ============   ============
Earnings per share:
     Basic .................................................    $       0.38   $       0.33   $       1.03   $       0.91
     Diluted ...............................................    $       0.37   $       0.32   $       1.00   $       0.88
</TABLE>

            See notes to unaudited consolidated financial statements.


                                       4
<PAGE>

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

<TABLE>
<CAPTION>
                                                                                      Nine months ended September 30,
                                                                                          2001                2000
                                                                                    ---------------     ---------------

<S>                                                                                 <C>                 <C>
Cash flows from operating activities :
     Net Income ................................................................    $         3,310     $         2,912
     Adjustments to reconcile net income to net cash
     provided by operating activities :
        Depreciation and amortization ..........................................                288                 304
        Provision for loan losses ..............................................                100                 120
        Gains from sales of loans held for sale ................................                 40                  12
        Increase in accrued interest receivable
        and other assets .......................................................                (79)               (424)
        (Decrease)increase in accrued interest payable and
            other liabilities ..................................................               (320)                277
                                                                                    ---------------     ---------------
Net Cash Provided by Operating Activities ......................................              3,339               3,201

Cash flows from investing activities :
     Proceeds from maturities of securities ....................................             42,679              22,226
     Purchases of securities ...................................................            (47,147)            (13,373)
     Net increase in loans .....................................................             (4,315)            (12,230)
     Decrease to premises and equipment ........................................                275                   4
                                                                                    ---------------     ---------------
Net Cash Used in Investing Activities ..........................................             (8,508)             (3,373)

Cash flows from financing activities :
     Net (decrease)increase in deposits ........................................             (8,981)             11,084
     Proceeds from issuance of common stock ....................................                 51                   3
     Cash paid for dividends ...................................................               (969)               (431)
                                                                                    ---------------     ---------------
Net Cash (Used In)Provided by Financing Activities .............................             (9,899)             10,656

Net change in cash and cash equivalents ........................................            (15,068)             10,484
Cash and cash equivalents at beginning of period ...............................             41,561              11,270
                                                                                    ---------------     ---------------
Cash and cash equivalents at end of period .....................................    $        26,493     $        21,754
                                                                                    ===============     ===============

Cash paid during the period for :
     Interest ..................................................................              2,813               2,991
     Income taxes ..............................................................              2,209               1,441
</TABLE>

            See notes to unaudited consolidated financial statements.



                                       5
<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. (collectively, 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 generally accepted accounting principles 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, 2000. The results for the nine months ended September 30, 2001 are
       not necessarily indicative of the results that may be expected for the
       year ended December 31, 2001.

       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
       servicies 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.



                                       6
<PAGE>



       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 year.
       Actual results could differ significantly from those estimates. Certain
       prior period amounts have been reclassified to conform to the financial
       statements presentation of 2001. The reclassifications have no effect
       upon stockholders' equity or net income as previously reported.

       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.

       Investment 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 "2001 Stock Dividend") on
       March 1, 2001 and paid the dividend on April 2, 2001. Retained earnings
       decreased by the market value of shares issued in connection with the
       2001 Stock Dividend. Earnings per share and all share data has been
       restated to reflect the effect of the 2001 stock dividend.



                                       7
<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 and the nine
       month periods ended September 30, 2001 and 2000, respectively.(in
       thousands, except per share data)


<TABLE>
<CAPTION>
                                                                    Three months ended            Nine months ended
                                                                       September 30,                 September 30,
                                                                    2001           2000           2001           2000
                                                                ------------   ------------   ------------   ------------

<S>                                                             <C>            <C>            <C>            <C>
Basic earnings per share

     Net Income                                                 $      1,242   $      1,040   $      3,310   $      2,912
                                                                ============   ============   ============   ============

Average number of shares outstanding                                   3,226          3,214          3,225          3,213
                                                                ============   ============   ============   ============

Basic earnings per share                                        $       0.38   $       0.33   $       1.03   $       0.91
                                                                ============   ============   ============   ============


Diluted earnings per share

     Net Income                                                 $      1,242   $      1,040   $      3,310   $      2,912
                                                                ============   ============   ============   ============

Average number of shares of common stock
and equivalents outstanding:
     Average common shares outstanding                                 3,226          3,214          3,225          3,213

     Additional shares considered in
     Diluted computation assuming:
        Exercise of options and warrants                                  91             91             93             92
                                                                ------------   ------------   ------------   ------------

Average number of shares outstanding on a
diluted basis                                                          3,317          3,305          3,318          3,305
                                                                ============   ============   ============   ============

Diluted earnings per share                                      $       0.37   $       0.32   $       1.00   $       0.88
                                                                ============   ============   ============   ============
</TABLE>



                                       8
<PAGE>


(4)     Comprehensive Income

        Total comprehensive income is presented for the three month periods and
        the nine month periods ended September 30, 2001 and 2000, respectively.



<TABLE>
<CAPTION>
                                                                                      Three months ended September 30,
        (in thousands)                                                                   2001                 2000
                                                                                    ---------------     ---------------
<S>                                                                                 <C>                 <C>
        Comprehensive Income
        Net income                                                                  $         1,242     $         1,040
        Other comprehensive income(loss), net of taxes                                          278                 170
                                                                                    ---------------     ---------------
        Total comprehensive income                                                  $         1,520     $         1,210
                                                                                    ===============     ===============


<CAPTION>
                                                                                       Nine months ended September 30,
        (in thousands)                                                                   2001                 2000
                                                                                    ---------------     ---------------
<S>                                                                                 <C>                 <C>
        Comprehensive Income
        Net income                                                                  $         3,310     $         2,912
        Other comprehensive income(loss), net of taxes                                          334                 236
                                                                                    ---------------     ---------------
        Total comprehensive income                                                  $         3,644     $         3,148
                                                                                    ===============     ===============
</TABLE>



                                       9
<PAGE>



(5)      Recent Accounting Pronouncements

SFAS No. 141 / SFAS No. 142
On July 20, 2001, the Financial Accounting Standards Board (FASB) issued
Statement No. 141, Business Combinations, and Statement No. 142, Goodwill and
Other Intangible Assets. Statement 141 requires that the purchase method of
accounting be used for all business combinations initiated after June 30, 2001
as well as all purchase method business combinations completed after June 30,
2001. Statement 141 also specifies the criteria that acquired intangible assets
must meet to be recognized and reported apart from goodwill. Statement 142 will
require that goodwill and intangible assets with indefinite useful lives no
longer will be amortized, but instead tested for impairment at least annually in
accordance with the provisions of Statement 142. Statement 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.

Statement 142 requires that goodwill and any intangible assets determined to
have an indefinite useful life that are acquired in a purchase business
combination after June 30, 2001 will not be amortized, but will continue to be
evaluated for impairment in accordance with the appropriate pre-Statement 142
requirements. Goodwill and intangible assets acquired in business combinations
completed before July 1, 2001 will continue to be amortized prior to the
adoption of Statement 142.

The Company is required to adopt the provisions of Statement 141 immediately.
The initial adoption of Statement 141 had no impact on the Company's
consolidated financial statements. The Company is required to adopt Statement
No. 142 effective January 1, 2002. The Company currently has no recorded
goodwill or intangible assets and does not anticipate that the initial adoption
of Statement 142 will have a significant impact on the Company's consolidated
financial statements.

SFAS No. 140
In September 2000, the FASB issued SFAS No. 140, "Accounting for Transfers and
Servicing of Financial Assets and Extinguishments of Liabilities (A Replacement
of FASB Statement 125)." SFAS No. 140 supersedes and replaces the guidance in
SFAS No. 125 and, accordingly, provides guidance on the following topics:
securitization transactions involving financial assets, sales of financial
assets such as receivables, loans, and securities; factoring transactions and
wash sales; servicing assets and liabilities, collateralized borrowing
arrangements, securities lending transactions; repurchase transactions; loan
participations; and extinguishment of liabilities. While most of the provisions
of SFAS No. 140 were effective for transactions entered into after March 31,
2001, companies with fiscal year ends that held beneficial interests from
previous securitizations were required to make additional disclosures in their
December 31, 2000 financial statements. The initial adoption of SFAS No. 140 did
not have a material impact on the Company's financial statements.



                                       10
<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 September 30, 2001 and 2000 and
                        Nine Months Ended September 30, 2001 and 2000

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 September 30, 2001, net income increased by $202,000
or 19.4% to $1,242,000 from $1,040,000 for the three months ended September 30,
2000. For the nine months ended September 30, 2001, net income reached
$3,310,000, an increase of $398,000 or 13.7%, when compared to net income of
$2,912,000 for the nine months ended September 30, 2000. The increase in net
income for the first nine months of 2001 compared to 2000 is the result of a
5.7% increase in net interest income to $8,618,000 from $8,156,000 in the prior
year. The increase in net interest income was driven by the combination of a
$118,000, or 1.05%, increase in interest income from $11,196,000 in 2000 to
$11,314,000 in 2001, resulting from increases in the loan portfolio and the
investment securities portfolio funded through a reduction in Federal funds sold
as well as a $344,000, or 11.3%, decrease in interest expense from $3,040,000 in
2000 to $2,696,000 in 2001. The Company also experienced an increase in fee
income, reaching $1,410,000 for the nine months ended September 30, 2001 from
$1,100,000 for the same period in 2000.

Interest expense fell $414,000, or 37.4%, for the three month period ended
September 30, 2001 compared to the three month period ended September 30, 2000.
Interest expense also fell $344,000, or 11.3%, to $2,696,000 for the nine month
period ended September 30, 2001 compared to $3,040,000 for the nine month period
ended September 30, 2000. These decreases directly reflect the current interest
rate environment.



                                       11
<PAGE>



On a per share basis, basic and diluted earnings per share were $0.38 and $0.37
for the quarter ended September 30, 2001 as compared to $0.33 and $0.32 for the
quarter ended September 30, 2000. For the first nine months of 2001, basic and
diluted earnings per share were $1.03 and $1.00 as compared to $0.91 and $0.88
for the first nine months of 2000. Per share data has been restated to include
the effect of the 2001 Stock Dividend.

PROVISION FOR LOAN LOSSES
For the quarter ended September 30, 2001, the Company's provision for loan
losses was $60,000, an increase of $30,000 from the provision of $30,000 for the
quarter ended September 30, 2000. The provision for the nine months ended
September 30, 2001 decreased to $100,000 from $120,000 for the nine months ended
September 30, 2000. The reduction of the provision reflects management's view of
the economy of its service area and the strength of the Company's loan
portfolio.

NON-INTEREST INCOME
Non-interest income, which was primarily attributable to service fees received
from deposit accounts, amounted, for the three months ended September 30, 2001,
to $548,000, an increase of $175,000, or 46.9%, from $373,000 for the three
months ended September 30, 2000. For the nine months ended September 30, 2001,
non-interest income reflected $1,410,000, an increase of $310,000 or 28.2% above
the non-interest income level of $1,100,000 for the nine months ended September
30, 2000.

NON-INTEREST EXPENSE
Non-interest expense for the quarter ended September 30, 2001, amounted to
$1,595,000, an increase of $35,000 or 2.2% from $1,560,000 for the quarter ended
September 30, 2000. For the nine months ended September 30, 2001, non-interest
expense aggregated $4,836,000, an increase of $211,000 or 4.6%, from $4,625,000
for the nine months ended September 30, 2000. These increases continue to be
related, primarily, to occupancy expense, data processing fees, customary
increases for salary and employee benefits, as well as other administrative
expenses resulting from the Company's growth since the third quarter of 2000.

INCOME TAX EXPENSE
The income tax provision, which includes both federal and state taxes, for the
quarters ended September 30, 2001 and 2000 was $668,000 and $546,000,
respectively. For the first nine months of 2001 and 2000, the income tax
provision totaled $1,782,000 and $1,599,000, respectively. The increase in
income taxes is a direct result of the increase in income before taxes in 2001.


FINANCIAL CONDITION :  September 30, 2001 and December 31, 2000

At September 30, 2001, the Company's total assets were $228,383,000 compared to
$234,927,000 at December 31, 2000, a decrease of 2.8%. Total loans experienced a
3.3% increase to $137,706,000 at September 30, 2001 from $133,255,000 at
December 31, 2000. Total deposits at September 30, 2001 were $199,384,000, 4.3%
lower than the $208,365,000 at December 31, 2000.



                                       12
<PAGE>



LOAN PORTFOLIO
At September 30, 2001, the Company's total loans were $137,706,000, an increase
of $4,451,000 or 3.3% over total loans of $133,255,000 at December 31, 2000. The
increase in the loan portfolio continues to be attributable to the effect of
customer referrals, selective marketing, and growth within the local Bergen
County community. Management believes that the Company will remain successful in
loan acquisition within this market due to the fact that, through mergers and
acquisitions, the Company's trade area is now primarily 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 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.

The following table sets forth the classification of the Company's loans by
major category as of September 30, 2001 and December 31, 2000, respectively :

<TABLE>
<CAPTION>
                                                                    September 30, 2001             December 31, 2000
                                                                ---------------------------   ---------------------------
                                                                                   (Dollars in thousands)

                                                                   Amount         Percent        Amount        Percent
                                                                ------------   ------------   ------------   ------------

<S>                                                             <C>            <C>            <C>            <C>
Commercial                                                      $     98,788           71.7%  $     90,496           67.9%
Mortgage                                                              17,093           12.4%        22,320           16.8%
Consumer                                                              21,825           15.9%        20,439           15.3%
                                                                ------------   ------------   ------------   ------------

Total Loans                                                     $    137,706            100%  $    133,255            100%
                                                                ============   ============   ============   ============
</TABLE>



                                       13
<PAGE>



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.

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

                              Non-Performing Assets
                             (dollars in thousands)

<TABLE>
<CAPTION>
                                                                                     September 30,       December 31,
                                                                                         2001                2000
                                                                                    ---------------     ---------------

<S>                                                                                 <C>                 <C>
Non-performing loans                                                                $             0     $            49
Other real estate                                                                                 0                   0
                                                                                    ---------------     ---------------
     Total non-performing assets                                                    $             0     $            49

Non-performing loans to total gross loans                                                       N/A                0.02%
Non-performing assets to total assets                                                           N/A                0.01%
</TABLE>

As of September 30, 2001, the Company had no non-accrual loans. At December 31,
2000, the Company had one non-accrual loan which represented a line of credit.

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 September 30, 2001 and December 31, 2000, 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.



                                       14
<PAGE>



ALLOWANCE FOR LOAN LOSSES
The allowance for loan losses is a reserve established through charges to
earnings in the form of a provision for loan losses. The Company attempts to
maintain an allowance for loan losses at a sufficient level to provide for
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 addition 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.

The Company's allowance for loan losses totaled $1,529,000 and $1,403,000 at
September 30, 2001 and 2000, respectively. This increase in the allowance is due
to the continued growth of the loan portfolio. The following is a summary of the
reconciliation of the allowance for loan losses for the nine month periods ended
September 30, 2001 and 2000, respectively :

<TABLE>
<CAPTION>
                                                                                             Nine months ended
                                                                                               September 30,
                                                                                         2001                2000
                                                                                    ---------------     ---------------
                                                                                          (dollars in thousands)

<S>                                                                                 <C>                 <C>
Balance, beginning of period                                                        $         1,473     $         1,310
Charge-offs                                                                                     (48)                (29)
Recoveries                                                                                        4                   2
Provision charged to expense                                                                    100                 120
                                                                                    ---------------     ---------------
Balance, end of period                                                              $         1,529     $         1,403
                                                                                    ===============     ===============


Balance of allowance at end of period as
a percentage of loans at end of period                                                         1.11%               1.07%
</TABLE>



                                       15
<PAGE>



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 September 30, 2001, $20,270,000 of the Company's investment
securities were classified as held to maturity and $39,804,000 were classified
as available for sale. At September 30, 2001, the Company held no securities
which it classified as trading securities.

At September 30, 2001, total investment securities were $60,074,000, an increase
of $4,405,000 or 7.9%, from total investment securities of $55,669,000 at
December 31, 2000. This increase in investment securities from year end 2000
through the first nine months of 2001 reflects an excess of deposits not used to
fund loan growth.

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



                                       16
<PAGE>



A comparative summary of securities available for sale at September 30, 2001 and
December 31, 2000 is as follows (in thousands):

<TABLE>
<CAPTION>
                                                                               Gross              Gross                Fair
                                                         Amortized          Unrealized          Unrealized            Market
                                                            Cost               Gains              Losses               Value
                                                      ---------------     ---------------     ---------------     ---------------
<S>                                                   <C>                 <C>                 <C>                 <C>
September 30, 2001

U.S. Government and agency Obligations                $        38,517                 517                --       $        39,034
FHLBNY stock                                                      430                --                  --                   430
Other equity securities                                           469                --                  (129)                340
                                                      ---------------     ---------------     ---------------     ---------------
   Total available for sale                           $        39,416                 517                (129)    $        39,804

December 31, 2000

U.S. Government and agency Obligations                $        20,076                  25                 (25)    $        20,076
FHLBNY stock                                                      512                --                  --                   512
Other equity securities                                           469                --                  (129)                340
                                                      ---------------     ---------------     ---------------     ---------------
   Total available for sale                           $        21,057                  25                (154)    $        20,928
</TABLE>


A comparative summary of securities held to maturity at September 30, 2001 and
December 31, 2000 is as follows (in thousands):

<TABLE>
<CAPTION>
                                                                               Gross              Gross                Fair
                                                         Amortized          Unrealized          Unrealized            Market
                                                            Cost               Gains              Losses               Value
                                                      ---------------     ---------------     ---------------     ---------------
<S>                                                   <C>                 <C>                 <C>                 <C>
September 30, 2001

U.S. Government and agency Obligations                $        12,587                 172                --       $        12,759
Municipal and state obligations                                 7,683                --                    (2)              7,681
                                                      ---------------     ---------------     ---------------     ---------------
   Total held to maturity                             $        20,270                 172                  (2)    $        20,440

December 31, 2000

U.S. Government and agency Obligations                $        24,586                  77                 (27)    $        24,636
Municipal and state obligations                                10,155                   5                --                10,160
                                                      ---------------     ---------------     ---------------     ---------------
   Total held to maturity                             $        34,741                  82                 (27)    $        34,796
</TABLE>



                                       17
<PAGE>


The following table sets forth as of September 30, 2001, the maturity
distribution of the Company's debt investment portfolio :


                     Maturity of Debt Investment Securities
                               September 30, 2001
                                 (in thousands)

<TABLE>
<CAPTION>
                                            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            $      18,545     $      18,683              6.10%             --                --                --

1 to 5 Years                     1,725             1,757              6.30%    $      34,518     $      35,010              5.56%

Over 5 Years                      --                --                --               3,999             4,024              6.54%

                         $      20,270     $      20,440                       $      38,517     $      39,034
                         =============     =============                       =============     =============
</TABLE>

The Company sold no securities from its portfolio during the first nine months
of 2001 or 2000.




                                       18
<PAGE>



DEPOSITS
Deposits are the Company's primary source of funds. The Company experienced a
decrease in deposit balances of $8,981,000 or 4.3% to $199,384,000 at September
30, 2001 as compared to $208,365,000 at December 31, 2000. This decrease was due
mainly to the loss of time deposits, which experienced a $12,460,000, or 20.4%,
decrease resulting from declining deposit rate offerings. Within the decrease in
total deposits, interest bearing demand deposits grew $10,970,000 or 24.0% from
December 31, 2000 to September 30, 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>
                                                                  September 30,                          December 31,
                                                                      2001                                   2000
                                                       -----------------------------------     -----------------------------------

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

<S>                                                    <C>                 <C>                 <C>                 <C>
         Non-interest Bearing Demand                   $        72,047                36.1%    $        79,798                38.3%
         Interest Bearing Demand                                56,730                28.5%             45,760                22.0%
         Savings                                                21,969                11.0%             21,709                10.4%
         Time Deposits                                          48,638                24.4%             61,098                29.3%
                                                       ---------------     ---------------     ---------------     ---------------

                                                       $       199,384                 100%    $       208,365                 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 September 30, 2001 (in thousands).

         Three months or less                          $        17,792
         Over three months through twelve months                 8,105
         Over one year through three years                           0
         Over three years                                            0
                                                       ---------------

         TOTAL                                         $        25,897
                                                       ===============



                                       19
<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 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 $199,384,000 at September 30, 2001 as
compared to $208,365,000 at December 31, 2000. Although there were no funds
provided by deposits during this period, the Company is sufficiently funded to
provide for the Company's loan demand and excess funds have been invested in
investment securities and federal funds sold.

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 investment 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,
Fleet Bank, and The Bank of New York for "purchase" of federal funds in the
event that temporary liquidity needs arise. The Bank also has the ability to
borrow from the Federal Home Loan Bank of New York should that need arise.

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



                                       20
<PAGE>


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.

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.



                                       21
<PAGE>

                     Cumulative Rate Sensitive Balance Sheet
                               September 30, 2001
                                 (in thousands)

<TABLE>
<CAPTION>
                                  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           $  24,096    $  32,156    $  51,356    $  59,304    $       0    $       0    $  59,304

Loans :
     Commercial                    27,306       27,893       27,959       46,464       52,324            0       98,788
     Mortgages                        750        1,201        2,091       11,973        5,120            0       17,093
     Consumer                      18,787       19,211       19,392       21,266          559            0       21,825

Federal Funds Sold                 12,400       12,400       12,400       12,400            0            0       12,400
Other Assets                            0            0            0            0            0       18,973       18,973
                                ---------    ---------    ---------    ---------    ---------    ---------    ---------

TOTAL ASSETS                    $  83,339    $  92,861    $ 113,198    $ 151,407    $  58,003    $  18,973    $ 228,383
                                =========    =========    =========    =========    =========    =========    =========


Transaction  Accounts           $  40,164    $  40,164    $  40,164    $  40,164    $       0    $       0    $  40,164
Money Market                       16,566       16,566       16,566       16,566            0            0       16,566
Savings                            24,238       24,238       24,238       24,238            0            0       24,238
CD's < $100,000                    10,538       16,936       19,815       20,473            0            0       20,473
CD's > $100,000                    17,792       24,272       25,897       25,897            0            0       25,897
Short term borrowings               2,000        2,000        2,000        2,000            0            0        2,000
Other Liabilities                       0            0            0            0            0       73,025       73,025
Equity                                  0            0            0            0            0       26,020       26,020
                                ---------    ---------    ---------    ---------    ---------    ---------    ---------

TOTAL LIABILITIES AND EQUITY
                                $ 111,298    $ 124,176    $ 128,680    $ 129,338    $       0    $  99,045    $ 228,383
                                =========    =========    =========    =========    =========    =========    =========

Dollar Gap                        (27,959)     (31,315)     (15,482)      22,069
Gap / Total Assets                 -12.24%      -13.71%       -6.78%       9.66%
Target Gap Range                  +/-35.0%    +/- 30.0%    +/- 25.0%    +/-25.0%
RSA / RSL                           74.88%       74.78%       87.97%     117.06%
(Rate Sensitive Assets to
 Rate Sensitive Liabilities)
</TABLE>




                                       22
<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%. 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 following table summarizes the risk-based and leverage capital ratios for
the Company at September 30, 2001, as well as the required minimum regulatory
capital ratios :

                                Capital Adequacy

                                                                      Minimum
                                             September 30,          Regulatory
                                                  2001              Requirements
                                             -------------          ------------
Risk-Based Capital:
         Tier I Capital Ratio                    17.29%                 4.0%
         Total Capital Ratio                     18.32%                 8.0%
Leverage Ratio                                   11.15%                 3.0%


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.



                                       23
<PAGE>



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

Item 1.        Legal proceedings  -  NONE

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




                                       24
<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:  November 13, 2001





                                       25