SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

                                   (Mark One)

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2002 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: 0-21765

                              RIVER VALLEY BANCORP
        (Exact name of small business issuer as specified in its charter)

              Indiana                                    35-1984567
(State or other jurisdiction of                       (I.R.S. Employer
incorporation or organization)                        Identification Number)

                                430 Clifty Drive
                             Madison, Indiana 47250
                    (Address of principal executive offices)

                                 (812) 273-4949
                           (Issuer's telephone number)


                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the issuer filed all documents and reports required to be filed by
Section 12, 13 or 15(d) of the Exchange Act after the distribution of securities
under a plan confirmed by a court.

Yes [  ]                          No [  ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity,  as of the  latest  practicable  date:  August 9, 2002 - 810,544  common
shares

Transitional Small Business Disclosure Format (Check one): Yes [ ] No [ X ]

<PAGE>

                              RIVER VALLEY BANCORP
                                   FORM 10-QSB

                                      INDEX

                                                                        Page No.

PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements

          Consolidated Condensed Balance Sheets                                3

          Consolidated Condensed Statements of Income                          4

          Consolidated Condensed Statements of Comprehensive Income            5

          Consolidated Condensed Statements of Cash Flows                      6

          Notes to Unaudited Consolidated Condensed Financial Statements       7

Item 2.  Management's Discussion and Analysis of Financial Condition
         and Results of Operations                                             9

PART II. OTHER INFORMATION

Item 1.  Legal Proceedings                                                    12
Item 2.  Changes in Securities                                                12
Item 3.  Defaults Upon Senior Securities                                      12
Item 4.  Submission of Matters to a Vote of Security Holders                  12
Item 5.  Other Information                                                    12
Item 6.  Exhibits and Reports on Form 8-K                                     12

SIGNATURES AND CERTIFICATION                                                  13

<PAGE>


PART I  FINANCIAL INFORMATION
Item 1.  Financial Statements

<TABLE>
<CAPTION>
                                                         RIVER VALLEY BANCORP
                                                 Consolidated Condensed Balance Sheets

                                                                                      June 30,           December 31,
                                                                                        2002                 2001
                                                                                --------------------- --------------------
                                                                                   (In Thousands, Except Share Amounts)
                                                                                   (Unaudited)
  Assets

<S>                                                                                 <C>                       <C>
       Cash and due from banks                                                      $     4,130               $ 4,689
       Interest-bearing demand deposits                                                   7,310                   952
                                                                                --------------------- --------------------
           Cash and cash equivalents                                                     11,440                 5,641
       Investment securities available for sale                                          18,831                17,653
       Loans held for sale                                                                  698                 2,638
       Loans, net of allowance for loan  losses of  $2,012 and  $1,972                  161,632               155,334
       Premises and equipment                                                             5,557                 5,379
       Federal Home Loan Bank stock                                                       1,650                 1,250
       Interest receivable                                                                1,309                 1,475
       Other assets                                                                       2,547                 2,248
                                                                                --------------------- --------------------
                   Total assets                                                        $203,664              $191,618
                                                                                ===================== ====================

  Liabilities
       Deposits
          Non-interest-bearing                                                         $ 10,800              $ 11,406
          Interest-bearing                                                              140,590               134,165
                                                                                --------------------- --------------------
                Total deposits                                                          151,390               145,571
       Borrowings                                                                        31,550                26,500
       Interest payable                                                                     460                   613
       Other liabilities                                                                  1,077                   963
                                                                                --------------------- --------------------
           Total liabilities                                                            184,477               173,647
                                                                                --------------------- --------------------

  Commitments and Contingencies

  Shareholders' Equity
       Preferred stock,  without par value
           Authorized and unissued - 2,000,000 shares
       Common stock, without par value
           Authorized - 5,000,000 shares
           Issued and outstanding - 810,351 and 809,251 shares
       Additional paid-in capital                                                         7,671                 7,654
       Retained earnings                                                                 11,796                10,802
       Shares acquired by stock benefit plans                                              (423)                (532)
       Accumulated other comprehensive income                                               143                    47
                                                                                --------------------- --------------------
           Total shareholders' equity                                                    19,187                17,971
                                                                                --------------------- --------------------
           Total liabilities and shareholders' equity                                 $ 203,664              $191,618
                                                                                ===================== ====================
</TABLE>

  See notes to consolidated condensed financial statements.

<PAGE>
<TABLE>
<CAPTION>

                                                         RIVER VALLEY BANCORP
                                              Consolidated Condensed Statements of Income
                                                              (Unaudited)

                                                                             Six Months Ended              Three Months Ended
                                                                                 June 30,                       June 30,
                                                                       -------------- -------------- ---------------- --------------
                                                                            2002           2001            2002            2001
                                                                       -------------- -------------- ---------------- --------------
Interest Income                                                                    (In Thousands, Except Share Amounts)

<S>                                                                       <C>            <C>               <C>             <C>
     Loans receivable                                                     $ 5,759        $ 6,064           2,881           3,100
     Investment securities                                                    440            251             231             123
     Interest-earning deposits and other                                       87            147              51              66
                                                                       -------------- --------------- --------------- --------------
         Total interest income                                              6,286          6,462           3,163           3,289
                                                                       -------------- --------------- --------------- --------------

Interest Expense
     Deposits                                                               2,094          3,002           1,017           1,501
     Borrowings                                                               688            447             375             244
                                                                       -------------- --------------- --------------- --------------
         Total interest expense                                             2,782          3,449           1,392           1,745
                                                                       -------------- --------------- --------------- --------------

Net Interest Income                                                         3,504          3,013           1,771           1,544
     Provision for loan losses                                                260            200             130             110
                                                                       -------------- --------------- --------------- --------------
Net Interest Income After Provision for Loan Losses                         3,244          2,813           1,641           1,434
                                                                       -------------- --------------- --------------- --------------

Other Income
     Net realized gains (losses) on sales of available-for-sale
        securities                                                              6             (1)              6              (1)

     Service fees and charges                                                 647            441             328             235
     Net gains on loan sales                                                  150            217             103             161
     Gain on sale of premises and equipment                                   352              2             352               2
     Other income                                                              64             14              16               4
                                                                       -------------- --------------- --------------- --------------
         Total other income                                                 1,219            673             805             401
                                                                       -------------- --------------- --------------- --------------

Other Expenses
     Salaries and employee benefits                                         1,157          1,063             595             530
     Net occupancy and equipment expenses                                     402            278             202             137
     Data processing fees                                                     103             84              57              41
     Advertising                                                               86             94              45              55
     Legal and professional fees                                               24             93              17              46
     Other expenses                                                           601            453             324             247
                                                                       -------------- --------------- --------------- --------------
         Total other expenses                                               2,373          2,065           1,240           1,056
                                                                       -------------- --------------- --------------- --------------

Income Before Income Tax                                                    2,090          1,421           1,206             779
     Income tax expense                                                       828            547            471              300
                                                                       -------------- --------------- --------------- --------------
Net Income                                                                 $1,262         $  874        $    735       $     479
                                                                       ============== =============== =============== ==============

Basic earnings per share                                                  $ 1.630         $1.080          $ .940          $ .600
Diluted earnings per share                                                  1.560          1.060            .910            .590
Dividends per share                                                          .350           .225            .200            .125
</TABLE>
<PAGE>

<TABLE>
<CAPTION>

                                                         RIVER VALLEY BANCORP
                                       Consolidated Condensed Statements of Comprehensive Income
                                                              (Unaudited)
                                                                                    Six Months Ended           Three Months Ended
                                                                                        June 30,                    June 30,
                                                                                ------------- ------------ ------------- -----------
                                                                                    2002         2001          2002         2001
                                                                                ------------- ------------ ------------- -----------
                                                                                                    (In Thousands)

<S>                                                                               <C>           <C>           <C>           <C>
  Net income                                                                      $ 1,262       $  874        $  735        $ 479
  Other comprehensive income, net of tax
        Unrealized gains on securities available for sale
            Unrealized holding gains  arising during the period,
             net of tax expense of $66, $36, $144 and $7                              100           55           219           10
            Less: Reclassification adjustment for gains included in
             net income, of tax expense of $2, $0, $2, and $0                           4                          4
                                                                                ------------- ---------- ------------- ------------
                                                                                       96           55           215           10
                                                                                ------------- ---------- ------------- -----------
   Comprehensive income                                                           $ 1,358       $  929        $  950        $ 489
                                                                                ============= ========== ============= ============
</TABLE>


See notes to consolidated condensed financial statements.

<PAGE>

<TABLE>
<CAPTION>


                                                          RIVER VALLEY BANCORP
                                            Consolidated Condensed Statements of Cash Flows
                                                              (Unaudited)
                                                                                                      Six Months Ended
                                                                                                          June 30,
                                                                                              ------------------ -------------------
                                                                                                    2002               2001
                                                                                              ------------------ -------------------
  Operating Activities                                                                                   (In Thousands)
<S>                                                                                               <C>                <C>
       Net income                                                                                 $   1,262          $    874
       Adjustments to reconcile net income to net cash provided by operating activities
         Provision for loan losses                                                                      260               200
         Depreciation and amortization                                                                  254               169
         Investment securities (gains) losses                                                            (6)                1
         Loans originated for sale in the secondary market                                          (14,633)          (13,953)
         Proceeds from sale of loans in the secondary market                                         16,656            14,036
         Gain on sale of loans                                                                          (83)              (83)
         Amortization of deferred loan origination cost                                                  65                70
         Amortization of expense related to stock benefit plans                                         196               159
         Gain on sale of premises and equipment                                                        (352)               (2)
         Capitalized interest on construction                                                            (1)              (37)
         Net change in:
           Interest receivable                                                                          166                29
           Interest payable                                                                            (153)              108
         Other adjustments                                                                             (321)              146
                                                                                              ------------------ -------------------
                Net cash provided by operating activities                                             3,310             1,717
                                                                                              ------------------ -------------------

  Investing Activities
       Purchases of securities available for sale                                                    (6,992)           (8,262)
       Proceeds from maturities of securities available for sale                                         90             3,156
       Proceeds from sale of securities available for sale                                            5,889             3,127
       Purchase of Federal Home Loan Bank stock                                                        (400)             (207)
       Net change in loans                                                                           (6,623)          (11,630)
       Premiums paid on life insurance                                                                                    (95)
       Purchases of premises and equipment                                                             (708)           (1,683)
       Proceeds from sale of real estate owned                                                           30
       Proceeds from sale of premises and equipment                                                     629                 2
                                                                                              ------------------ -------------------
                Net cash used in investing activities                                                (8,085)          (15,592)
                                                                                              ------------------ -------------------

  Financing Activities
       Net change in
          Noninterest-bearing, interest-bearing demand and savings deposits                            (776)            9,316
          Certificates of deposit                                                                     6,595             4,132
       Proceeds from borrowings                                                                      34,000            24,400
       Repayment of borrowings                                                                      (28,950)          (19,000)
       Cash dividends                                                                                  (229)              (87)
       Purchase of stock                                                                               (140)             (686)
       Stock options exercised                                                                           92                15
       Acquisition of stock for stock benefit plans                                                     (22)
       Advances by borrowers for taxes and insurance                                                      4                 9
                                                                                              ------------------ -------------------
                Net cash provided by financing activities                                            10,574            18,099
                                                                                              ------------------ -------------------

  Net Change in Cash and Cash Equivalents                                                             5,799             4,224

  Cash and Cash Equivalents, Beginning of Period                                                      5,641             6,382
                                                                                              ------------------ -------------------

  Cash and Cash Equivalents, End of Period                                                        $  11,440          $ 10,606
                                                                                              ================== ===================

  Additional Cash Flows and Supplementary Information
       Interest paid                                                                              $   2,935          $  3,341
       Income tax paid                                                                                  575               463
</TABLE>


  See notes to consolidated condensed financial statements.
<PAGE>


                              RIVER VALLEY BANCORP
         Notes to Unaudited Consolidated Condensed Financial Statements


River Valley Bancorp (the  "Corporation")  is a unitary savings and loan holding
company whose  activities  are  primarily  limited to holding the stock of River
Valley  Financial  Bank  ("River  Valley" or the  "Bank").  The Bank  conducts a
general banking  business in  southeastern  Indiana which consists of attracting
deposits from the general public and applying those funds to the  origination of
loans  for  consumer,   residential  and  commercial  purposes.  River  Valley's
profitability  is significantly  dependent on net interest income,  which is the
difference between interest income generated from interest-earning  assets (i.e.
loans  and  investments)  and the  interest  expense  paid  on  interest-bearing
liabilities (i.e.  customer deposits and borrowed funds). Net interest income is
affected by the relative amount of interest-earning  assets and interest-bearing
liabilities and the interest  received or paid on these  balances.  The level of
interest rates paid or received by the Bank can be significantly influenced by a
number of competitive  factors,  such as governmental  monetary policy, that are
outside of management's control.

Note 1: Basis of Presentation

The accompanying  unaudited  consolidated  condensed  financial  statements were
prepared in accordance with instructions for Form 10-QSB and, therefore,  do not
included  information  or footnotes  necessary  for a complete  presentation  of
financial  position,  results of operations  and cash flows in  conformity  with
generally  accepted   accounting   principles.   Accordingly,   these  financial
statements  should  be read  in  conjunction  with  the  consolidated  financial
statements and notes thereto of the Corporation included in the Annual Report on
Form 10-KSB for the year ended  December  31, 2001.  However,  in the opinion of
management, all adjustments (consisting of only normal recurring accruals) which
are necessary for a fair  presentation  of the  financial  statements  have been
included.  The results of  operations  for the six and three month periods ended
June 30,  2002,  are not  necessarily  indicative  of the  results  which may be
expected for the entire year. The  consolidated  condensed  balance sheet of the
Corporation  as  of  December  31,  2001  has  been  derived  from  the  audited
consolidated balance sheet of the Corporation as of that date.

Note 2: Principles of Consolidation

The consolidated  financial  statements  include the accounts of the Corporation
and its subsidiary,  the Bank and the Bank's  subsidiary,  Madison First Service
Corporation  ("First  Service").   All  significant  intercompany  balances  and
transactions  have been eliminated in the  accompanying  consolidated  financial
statements.

Note 3: Earnings Per Share

Earnings per share have been  computed  based upon the weighted  average  common
shares  outstanding.  Unearned  Employee  Stock  Ownership Plan shares have been
excluded from the computation of average common shares outstanding.

<PAGE>
<TABLE>
<CAPTION>

                                                     Six Months Ended                              Six Months Ended
                                                       June 30, 2002                                June 30, 2001
                                                       -------------                                -------------
                                                         Weighted           Per                        Weighted        Per
                                                         Average           Share                       Average        Share
                                              Income      Shares           Amount        Income         Shares        Amount
                                              ------     --------          ------        ------        --------       ------
                                                           (Dollar Amounts In Thousands, Except Share Amounts)
     Basic earnings per share
       Income available to common
<S>                                           <C>        <C>               <C>            <C>          <C>            <C>
       shareholders                           $1,262     775,503           $1.63          $874         809,254        $ 1.08
                                                                        ===========                                  ========

     Effect of dilutive RRP awards
     and stock options
                                                          31,173                                        12,994
                                           ------------- ---------                     ---------      ----------

     Diluted earnings per share
       Income available to common
         shareholders and assumed
         conversions                          $1,262     806,676           $1.56          $874         822,248          $1.06
                                           ============= =========      ===========    =========      ==========     ========

</TABLE>


<TABLE>
<CAPTION>

                                                    Three Months Ended                            Three Months Ended
                                                       June 30, 2002                                June 30, 2001
                                                       -------------                                -------------
                                                         Weighted           Per                       Weighted        Per
                                                         Average           Share                      Average        Share
                                              Income     Shares           Amount        Income         Shares        Amount
                                              ------     --------         ------        ------        --------       -------
                                                           (Dollar Amounts In Thousands, Except Share Amounts)
     Basic earnings per share
       Income available to common
<S>                                            <C>       <C>               <C>            <C>          <C>              <C>
       shareholders                            $ 735     778,342           $ .94          $479         798,702          $ .60
                                                                        ===========                                  =========

     Effect of dilutive RRP awards
     and stock options                                    33,060                                        14,135
                                           ------------- ---------                     ---------      ----------

     Diluted earnings per share
       Income available to common
         shareholders and assumed
         conversions                           $ 735     811,402           $ .91          $479         812,837          $ .59
                                           ==========    =========      ===========    =========      ==========      ========
</TABLE>



Note 4: Reclassifications

Certain  reclassifications  have  been made to the 2001  consolidated  financial
statements to conform to the June 30, 2002 presentation.

<PAGE>


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

Forward Looking Statement

This Quarterly Report on Form 10-QSB ("Form 10-QSB")  contains  statements which
constitute  forward  looking  statements  within  the  meaning  of  the  Private
Securities Litigation Reform Act of 1995. These statements appear in a number of
places in this Form 10-QSB and include statements regarding the intent,  belief,
outlook, estimate or expectations of the Corporation (as defined in the notes to
the consolidated condensed financial statements),  its directors or its officers
primarily with respect to future events and the future financial  performance of
the Corporation. Readers of this Form 10-QSB are cautioned that any such forward
looking  statements  are not  guarantees  of future  events or  performance  and
involve risks and  uncertainties,  and that actual results may differ materially
from those in the forward looking statements as a result of various factors. The
accompanying  information  contained  in this Form 10-QSB  identifies  important
factors that could cause such  differences.  These  factors  include  changes in
interest   rates;   loss  of  deposits  and  loan  demand  to  other   financial
institutions;  substantial changes in financial markets;  changes in real estate
values and the real estate market; or regulatory changes.

Critical Accounting Policies

The notes to the  consolidated  financial  statements  contain a summary  of the
Company's  significant  accounting  policies presented on pages 27 through 29 of
the Annual Report to Shareholders for the year ended December 31, 2001.  Certain
of these  policies are  important to the  portrayal of the  Company's  financial
condition,  since  they  require  management  to  make  difficult,   complex  or
subjective  judgments,  some of which may relate to matters that are  inherently
uncertain.  Management  believes that its critical  accounting  policies include
determining  the  allowance  for  loan  losses  and the  valuation  of  mortgage
servicing rights.

Allowance for loan losses

The allowance for loan losses is a significant estimate that can and does change
based on management's  assumptions about specific  borrowers and current general
economic and business  conditions,  among other factors.  Management reviews the
adequacy of the  allowance  for loan losses on at least a quarterly  basis.  The
evaluation by management includes consideration of past loss experience, changes
in the  composition of the loan portfolio,  the current  condition and amount of
loans  outstanding,  identified  problem loans and the probability of collecting
all amounts due.

The  determination  of the adequacy of the allowance for loan losses is based on
estimates  that are  particularly  susceptible  to  significant  changes  in the
economic  environment and market conditions.  A worsening or protracted economic
decline would  increase the  likelihood  of additional  losses due to credit and
market risk and could create the need for additional loss reserves.

Valuation of Mortgage Servicing Rights

The Company  recognizes the rights to service  mortgage loans as separate assets
in the  consolidated  balance  sheet.  The  total  cost of  loans  when  sold is
allocated between loans and mortgage servicing rights based on the relative fair
values of each. Mortgage servicing rights are subsequently  carried at the lower
of the  initial  carrying  value,  adjusted  for  amortization,  or fair  value.
Mortgage  servicing  rights are evaluated for impairment based on the fair value
of those  rights.  Factors  included  in the  calculation  of fair  value of the
mortgage  servicing  rights include,  estimating the present value of future net
cash flows,  market loan  prepayment  speeds for similar loans,  discount rates,
servicing costs, and other economic factors. Servicing rights are amortized over
the estimated period of net servicing revenue.  It is likely that these economic
factors will change over the life of the mortgage servicing rights, resulting in
different  valuations of the mortgage servicing rights. The differing valuations
will  affect  the  carrying  value  of  the  mortgage  servicing  rights  on the
consolidated balance sheet as well as the income recorded from loan servicing in
the income  statement.  As of June 30,  2002 and  December  31,  2001,  mortgage
servicing rights had carrying values of $470,000 and $540,000, respectively.


<PAGE>

Financial Condition

At June 30, 2002, the Corporation's  assets totaled $203.7 million,  an increase
of $12.1  million,  or 6.3%,  from  December  31,  2001.  The increase in assets
resulted  primarily  from an increase  in net loans  receivable.  Liquid  assets
(i.e.,  cash and  interest  earning  deposits)  increased  by $5.8  million from
December  31,  2001  levels,  to a total of  $11.4  million  at June  30,  2002.
Investment  securities  increased by $1.2 million, or 6.7 %, to a total of $18.8
million at June 30, 2002. Net loans  receivable  were $161.6 million at June 30,
2002, an increase of $6.3 million,  or 4.1%, from $155.3 million at December 31,
2001. These increases were funded by an increase in deposits of $5.8 million.

The  Corporation's  allowance  for loan  losses  totaled  $2.0  million  at both
December 31, 2001 and June 30, 2002, which  represented  approximately  1.2 % of
total loans at both dates.  Non-performing  loans  (defined as loans  delinquent
greater than 90 days and loans on non-accrual  status) totaled $690,000 and $1.9
million  at  December  31,  2001  and  June  30,  2002,  respectively.  Although
management  believes that its  allowance  for loan losses at June 30, 2002,  was
adequate  based  upon the  available  facts and  circumstances,  there can be no
assurance  that  additions  to such  allowance  will not be  necessary in future
periods, which could negatively affect the Corporation's results of operations.

Deposits  totaled  $151.4 million at June 30, 2002, an increase of $5.8 million,
or 4.0 %,  compared to total  deposits at December 31, 2001.  The growth for the
six-month period resulted from marketing and interest rate strategies.

Advances  from the Federal Home Loan Bank totaled  $25.0 million at December 31,
2001 and $31.0 million on June 30, 2002. These advances had a positive effect on
the bottom line during the first and second  quarters  due to a decline in their
interest rates.  The average cost of Federal Home Loan Bank advances at June 30,
2002 was 4.90 %.

Stockholders'  equity  totaled  $19.2  at June 30,  2002,  an  increase  of $1.2
million,  or 6.7 %, from $18.0  million  at  December  31,  2001.  The  increase
resulted  primarily from the Corporation's net income,  offset by cash dividends
and stock repurchases.

The Bank is required to maintain minimum  regulatory capital pursuant to federal
regulations.  At June 30,  2002,  the Bank's  regulatory  capital  exceeded  all
applicable regulatory capital requirements.

Comparison of Operating Results for the Six Months Ended June 30, 2002 and 2001

General

The  Corporation's  net income for the six months ended June 30,  2002,  totaled
$1,262,000, an increase of $388,000 or 44.4 % from the $874,000 reported for the
period  ended  June 30,  2001.  The  increase  in income in the 2002  period was
primarily  attributable to an increase in net interest income of $491,000 and an
increase in other income of $546,000.  These increases were partially  offset by
an increase in the provision for loan losses of $60,000 and an increase in other
expenses of $308,000.

Net Interest Income

Total  interest  income for the six months ended June 30, 2002  amounted to $6.3
million,  a decrease of $.2 million,  or 3.1 %, below the  comparable  period in
2001,  reflecting the effects of a decrease in the average  interest rate on our
loan portfolio. The rate went from 8.1 % to 7.3 %.

Interest expense on deposits decreased by $ .9 million, or 30.2 %, to a total of
$2.1 million for the six months ended June 30, 2002, due primarily to a decrease
in the average cost of deposits, as there was an increase in the average balance
of deposits  outstanding  year-to-year.  Interest expense on borrowings  totaled
$688,000 for the six months ended June 30, 2002,  an increase of $241,000,  from
the comparable period in 2001. The increase resulted  primarily from an increase
in average borrowings year-to-year.
<PAGE>

As a result of the foregoing  changes in interest  income and interest  expense,
net  interest  income  increased by $491,000 or 16.3 %, for the six months ended
June 30, 2002, as compared to the comparable period in 2001.

Provision for Losses on Loans

A  provision  for  losses  on loans is  charged  to  income  to bring  the total
allowance for loan losses to a level considered  appropriate by management based
upon  historical  experience,  the volume and type of lending  conducted  by the
Bank, the status of past due principal and interest  payments,  general economic
conditions,  particularly as such  conditions  relate to the Bank's market area,
and other factors related to the collectibility of the Bank's loan portfolio. As
a result of such analysis,  management  recorded a $260,000 provision for losses
on loans for the six months ended June 30, 2002, compared to the $200,000 amount
recorded in the 2001 period.  The 2002  provision  amount was  predicated on the
increase  in the  balance  of the loan  portfolio,  coupled  with  the  level of
delinquent loans year-to-year.  While management believes that the allowance for
losses on loans is adequate at June 30, 2002, based upon the available facts and
circumstances,  there can be no assurance  that the loan loss  allowance will be
adequate to cover losses on non-performing assets in the future.

Other Income

Other income increased by $546,000, or 81.1 %, for the six months ended June 30,
2002, as compared to the same period in 2001,  due primarily to the fact that we
closed an office and sold the building for a gain of approximately $352,000.

Other Expense

Other expense increased by $308,000, or 14.9 %, during the six months ended June
30, 2002, as compared to the same period in 2001. The increase was due primarily
to the increase in loan  volume/administrative  expense,  both balance sheet and
off-balance sheet volume, and general expense increases due to growth.

Income Taxes

The provision  for income taxes  totaled  $828,000 for the six months ended June
30, 2002, an increase of $281,000,  or 51.4 %, as compared to the same period in
2001.  The  effective  tax rates were 39.6 % and 38.5 % for the six months ended
June 30, 2002 and 2001, respectively.

Comparison  of  Operating  Results for the Three  Months Ended June 30, 2002 and
2001

General

The Corporation's  net income for the three months ended June 30, 2002,  totaled
$735,000,  an increase of  $256,000,  or 53.4 %, from the $479,000 of net income
reported in the  comparable  2001  period.  The increase in earnings in the 2002
period was  primarily  attributable  to an  increase in net  interest  income of
$227,000 and an increase in other income of approximately $404,000.

Net Interest Income

Total interest  income for the three months ended June 30, 2002 amounted to $3.2
million, a decrease of $126,000,  or 3.8 %, from the comparable quarter in 2001,
reflecting the effects of a decrease in average  interest rate.  Interest income
on loans  totaled  $2.9  million for the three  months  ended June 30,  2002,  a
decrease of approximately $200,000, or 6.5 %, from the comparable 2001 quarter.

Interest  expense on deposits  decreased by  $484,000,  or 32.2 %, to a total of
$1.0 million for the quarter ended June 30, 2002, due primarily to a decrease in
the average cost of deposits.  Interest  expense on borrowings  totaled $375,000
for the three  months  ended June 30,  2002,  an increase  of $131,000  over the
comparable  quarter in 2001. The increase resulted primarily from an increase in
average borrowings outstanding from year-to-year.

As a result of the foregoing  changes in interest  income and interest  expense,
net interest income increased by $227,000, or 14.7 %, for the three months ended
June 30, 2002, as compared to the same quarter in 2001.
<PAGE>

Provision for Losses on Loans

A  provision  for  losses on loans is  charged  to  earnings  to bring the total
allowance for loan losses to a level considered  appropriate by management based
upon  historical  experience,  the volume and type of lending  conducted  by the
Bank, the status of past due principal and interest  payments,  general economic
conditions,  particularly as such  conditions  relate to the Bank's market area,
and other factors related to the collectibility of the Bank's loan portfolio. As
a result of such analysis,  management  recorded a $130,000 provision for losses
on loan for the three  months  ended June 30,  2002,  compared  to the  $110,000
recorded in the 2001 period.  While  management  believes that the allowance for
losses on loans is adequate at June 30, 2002, based upon the available facts and
circumstances,  there can be no assurance  that the loan loss  allowance will be
adequate to cover losses on non-performing assets in the future.

Other Income

Other income  increased by $404,000 for the three months ended June 30, 2002, as
compared to the same period in 2001,  due  primarily to a $352,000 gain from the
disposition of a former banking facility. In addition,  service fees and charges
increased  $93,000 for the three months ended June 30, 2002,  as compared to the
same period in 2001.

Other Expense

Other  expense  increased by $184,000,  or 17.4%,  during the three months ended
June 30,  2002,  compared to the same  period in 2001.  This  increase  resulted
primarily from the increase in loan volume/administrative  expense, both balance
sheet and off-balance sheet volume, and general expense increases due to growth.

Income Taxes

The provision for income taxes totaled  $471,000 for the three months ended June
30, 2002, an increase of $171,000,  or 56.9%,  as compared to the same period in
2001.  This increase  resulted  primarily  from an increase in net income before
income  taxes of $427,000,  or 54.8%.  The  effective  tax rates were 39.0 % and
38.5% for the three months ended June 30, 2002 and 2001, respectively.

Other

The  Securities  and  Exchange  Commission  maintains  a Web site that  contains
reports,   proxy  information   statements,   and  other  information  regarding
registrants  that  file  electronically  with  the  Commission,   including  the
Corporation. The address is http://www.sec.gov.

PART II.   OTHER INFORMATION

Item 1.       Legal Proceedings

              None.

Item 2.       Changes in Securities and Use of Proceeds

              None.

Item 3.       Defaults Upon Senior Securities.

              None.

Item 4.       Submission of Matters to Vote of Security Holders.

              On  April  17,  2002,  the  Annual  Meeting  of the  Corporation's
              shareholders  was  held.  Three  directors  were  elected  to  the
              following terms and by the following votes:

                                                     For          Votes Withheld
              Michael J. Hensley (three-year term)   742,277           2,972
              Fred W. Koehler (three-year term)      740,257           4,992
              L. Sue Livers (three-year term)        739,862           5,387

              Directors  continuing  in office  are Robert W.  Anger,  Jonnie L.
              Davis, Matthew P. Forrester and Charles J. McKay.

Item 5.       Other Information.

              None.

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

               (a) None

               (b)  No reports on Form 8-K were filed  during the quarter  ended
                    June 30, 2002.

<PAGE>



                                   Signatures

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

                                      RIVER VALLEY BANCORP


Date:         August 14, 2002         By: /s/ Matthew P. Forrester
                                         ---------------------------------------
                                         Matthew P. Forrester
                                         President and Chief Executive Officer



Date:         August 14, 2002        By:  /s/ Larry C. Fouse
                                         ---------------------------------------
                                         Larry C. Fouse
                                         Vice President of Finance


                                  CERTIFICATION

     By  signing  below,  each  of the  undersigned  officers  hereby  certifies
pursuant  to 18 U.S.C.  ss.  1350,  as adopted  pursuant  to Section  906 of the
Sarbanes-Oxley Act of 2002, that, to his or her knowledge, (i) this report fully
complies  with the  requirements  of  Section  13(a) or 15(d) of the  Securities
Exchange Act of 1934 and (ii) the  information  contained in this report  fairly
presents,  in all material  respects,  the  financial  condition  and results of
operations of River Valley Bancorp.

     Signed this 14th day of August, 2002.



By: /s/ Larry C. Fouse                 By: /s/ Matthew P. Forrester
   -------------------------------        ----------------------------------
   Larry C. Fouse                          Matthew P. Forrester
   Vice President of Finance               President and Chief Executive Officer