U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 10-QSB

(Mark One)

[X] Quarterly report under Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended September 30, 2003

[ ] Transition report under Section 13 or l5(d) of the Exchange Act

For the transition period from _______ to _______

Commission file number 000-27481

Rome Bancorp, Inc.

(Exact Name of Small Business Issuer as Specified in its Charter)

Delaware			16-1573070

(State or Other Jurisdiction of					(I.R.S. Employer

Incorporation or Organization)					Identification No.)

100 West Dominick Street, Rome, NY 13440-5810

(Address of Principal Executive Offices)

(315) 336-7300

(Issuer's Telephone Number, Including Area Code)

N/A

(Former Name, Former Address and Former Fiscal Year,

if Changed Since Last Report)



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

Outstanding at

Class	 November 11, 2003

Common Stock, par value $.01 			 4,269,910

Transitional Small Business Disclosure Format (check one):	Yes 	No X_











ROME BANCORP, INC.

FORM 10-QSB FOR THE QUARTER ENDED SEPTEMBER 30, 2003

TABLE OF CONTENTS

|        |                       |                                                                                   | PAGE
|------- | --------------------- | --------------------------------------------------------------------------------- | ----
|        |                       |                                                                                   |     
|PART I  | FINANCIAL INFORMATION | 3                                                                                
|        |                       |                                                                                   |     
|        | ITEM 1.               | FINANCIAL STATEMENTS (unaudited):                                                 |     
|        |                       | CONDENSED CONSOLIDATED BALANCE SHEET                                              | 3   
|        |                       | CONDENSED CONSOLIDATED STATEMENTS OF INCOME                                       | 4   
|        |                       | CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY
AND COMPREHENSIVE INCOME | 5   
|        |                       | CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                   | 6   
|        |                       | NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS                    | 8   
|        |                       |                                                                                   |     
|        | ITEM 2.               | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL                                 |     
|        |                       | CONDITION AND RESULTS OF OPERATIONS                                               | 12  
|        | ITEM 3.               | CONTROLS AND PROCEDURES                                                           | 16  
|        |                       |                                                                                   |     
|PART II | OTHER INFORMATION     | 17                                                                               
|        |                       |                                                                                   |     
|        | ITEM 1.               | LEGAL PROCEEDINGS                                                                 | 17  
|        | ITEM 2.               | CHANGES IN SECURITIES AND USE OF PROCEEDS                                         | 17  
|        | ITEM 3.               | DEFAULTS UPON SENIOR SECURITIES                                                   | 17  
|        | ITEM 4.               | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                               | 17  
|        | ITEM 5.               | OTHER INFORMATION                                                                 | 17  
|        | ITEM 6.               | EXHIBITS AND REPORTS ON FORM 8-K                                                  | 17  
|        |                       |                                                                                   |     
|        |                       | SIGNATURES                                                                        | 18  

PART I FINANCIAL INFORMATION

Item 1. Financial Statements

ROME BANCORP, INC. AND SUBSIDIARY

Condensed Consolidated Balance Sheet

September 30, 2003 and December 31, 2002

(in thousands, except share data)

(unaudited)

|                                                             |                                                                     |                                                                      |                                           
|------------------------------------------------------------ | ------------------------------------------------------------------- | -------------------------------------------------------------------- | ------------------------------------------
|                                                             |                                                                     |                                                                      |                                           
|                                                             |                                                                     |                                                                      |                                           
|Assets                                                       |                                                                     |                                                                      |                                           
|                                                             |                                                                     |                                                                      |                                           
|Cash and due from banks                                      | $ 5,078                                                             |                                                                      | $ 5,610                                   
|Federal funds sold and other short-term investments          | 14,669                                                              |                                                                      | 10,088                                    
|                                                             | Total cash and cash equivalents                                     | 19,747                                                               |                                           
|Securities available for sale, at fair value                 | 32,548                                                              |                                                                      | 40,441                                    
|Securities held to maturity (fair value of $2,888 and $2,880 |                                                                     |                                                                      |                                           
|                                                             | at September 30, 2003 and December 31, 2002, respectively)          | 2,815                                                                |                                           
|Loans                                                        |                                                                     |                                                                      | 203,324                                   
|                                                             | Less: Allowance for loan loss                                       | 1,654                                                                |                                           
|                                                             |                                                                     | Net loans                                                            | 201,670                                   
|Premises and equipment, net                                  | 4,778                                                               |                                                                      | 3,848                                     
|Accrued interest receivable                                  | 1,423                                                               |                                                                      | 1,398                                     
|Other assets                                                 | 4,792                                                               |                                                                      | 4,360                                     
|                                                             |                                                                     | Total assets                                                         | $ 267,773                                 
|                                                             |                                                                     |                                                                      |                                           
|Liabilities & Equity                                         |                                                                     |                                                                      |                                           
|                                                             |                                                                     |                                                                      |                                           
|Liabilities                                                  |                                                                     |                                                                      |                                           
|                                                             | Deposits:                                                           |                                                                      |                                           
|                                                             |                                                                     | Non-interest bearing                                                 | $ 29,721                                  
|                                                             |                                                                     | Savings                                                              | 93,123                                    
|                                                             |                                                                     | Money market                                                         | 8,316                                     
|                                                             |                                                                     | Time                                                                 | 72,101                                    
|                                                             |                                                                     | Other interest bearing                                               | 2,210                                     
|                                                             |                                                                     |                                                                      | Total deposits                            
|                                                             | Borrowings                                                          | 21,426                                                               |                                           
|                                                             | Other liabilities                                                   | 4,443                                                                |                                           
|                                                             |                                                                     |                                                                      | Total liabilities                         
|                                                             |                                                                     |                                                                      |                                           
|Shareholders' equity                                         |                                                                     |                                                                      |                                           
|                                                             | Common Stock, $.00667 par value; authorized: 5,000,000 shares;      |                                                                      |                                           
|                                                             |                                                                     | issued: 5,000,000 shares; outstanding 4,276,710 shares at            |                                           
|                                                             |                                                                     | September 30, 2003 and 4,306,100 shares at December 31, 2002         | 33                                        
|                                                             | Additional paid-in capital                                          | 9,918                                                                |                                           
|                                                             | Retained earnings                                                   | 33,194                                                               |                                           
|                                                             | Treasury stock, at cost (723,290 shares at September 30, 2003 and   |                                                                      |                                           
|                                                             |                                                                     | 693,900 shares at December 31, 2002)                                 | (6,836)                                   
|                                                             | Accumulated other comprehensive income                              | 854                                                                  |                                           
|                                                             | Unallocated shares of employee stock ownership plan (ESOP); 136,645 |                                                                      |                                           
|                                                             |                                                                     | shares at September 30, 2003 and 146,643 shares at December 31, 2002 | (638)                                     
|                                                             | Unearned compensation                                               | (92)                                                                 |                                           
|                                                             |                                                                     |                                                                      | Total shareholders' equity                
|                                                             |                                                                     |                                                                      | Total liabilities and shareholders' equity

Share data has been adjusted to reflect the three-for-two stock split distributed on June 16, 2003.

See accompanying notes to unaudited condensed consolidated financial statements.

ROME BANCORP, INC. AND SUBSIDIARY

Condensed Consolidated Statements of Income

For the Three and Nine Months Ended September 30, 2003 and 2002

(in thousands, except share data)

(unaudited)

|                                  |                                   |                                                     | For the three months ended |         | For the nine months ended
|--------------------------------- | --------------------------------- | --------------------------------------------------- | -------------------------- | ------- | -------------------------
|                                  |                                   |                                                     | September 30,              |         | September 30,            
|                                  |                                   |                                                     | 2003                       |         | 2002                     
|Interest income:                  |                                   |                                                     |                            |         |                          
|                                  | Loans                             | $ 3,312                                             |                            | $ 3,314 |                          
|                                  | Securities                        | 387                                                 |                            | 489     |                          
|                                  | Other short-term investments      | 38                                                  |                            | 66      |                          
|                                  |                                   | Total interest income                               | 3,737                      |         | 3,869                    
|                                  |                                   |                                                     |                            |         |                          
|Interest expense:                 |                                   |                                                     |                            |         |                          
|                                  | Deposits                          | 746                                                 |                            | 1,021   |                          
|                                  | Borrowings                        | 161                                                 |                            | 259     |                          
|                                  |                                   | Total interest expense                              | 907                        |         | 1,280                    
|                                  |                                   |                                                     |                            |         |                          
|                                  |                                   | Net interest income                                 | 2,830                      |         | 2,589                    
|                                  |                                   |                                                     |                            |         |                          
|Provision for loan losses         | -                                 |                                                     | 100                        |         | 250                      
|                                  |                                   | Net interest income after provision for loan losses | 2,830                      |         | 2,489                    
|                                  |                                   |                                                     |                            |         |                          
|Non-interest income:              |                                   |                                                     |                            |         |                          
|                                  |                                   | Net gain (loss)on securities                        | (948)                      |         | -                        
|                                  |                                   | Other                                               | 308                        |         | 271                      
|Total non-interest income (loss)  | (640)                             |                                                     | 271                        |         | (105)                    
|                                  |                                   |                                                     |                            |         |                          
|                                  |                                   |                                                     |                            |         |                          
|Non-interest expense:             |                                   |                                                     |                            |         |                          
|                                  | Salaries and employee benefits    | 1,331                                               |                            | 1,066   |                          
|                                  | Building, occupancy and equipment | 293                                                 |                            | 324     |                          
|                                  | Other                             | 670                                                 |                            | 598     |                          
|                                  |                                   | Total non-interest expense                          | 2,294                      |         | 1,988                    
|                                  |                                   |                                                     |                            |         |                          
|                                  |                                   |                                                     |                            |         |                          
|                                  |                                   | Income(loss) before income tax expense              | (104)                      |         | 772                      
|Income tax expense (benefit)      | (49)                              |                                                     | 257                        |         | 541                      
|                                  |                                   | Net income (loss)                                   | $ (55)                     |         | $ 515                    
|                                  |                                   |                                                     |                            |         |                          
|Basic earnings(loss) per share    | $ ( 0.01)                         |                                                     | $ 0.12                     |         | $ 0.26                   
|Diluted earnings (loss) per share | $ ( 0.01)                         |                                                     | $ 0.12                     |         | $ 0.26                   

Per share data has been adjusted to reflect the three-for-two stock split distributed on June 16, 2003.

See accompanying notes to unaudited condensed consolidated financial statements

ROME BANCORP, INC. AND SUBSIDIARY

Condensed Consolidated Statement of Shareholders'Equity and Comprehensive Income

For the Nine Months Ended September 30, 2003

(in thousands, except share and per share data)					 (unaudited)

|                                                  |                            |   |        |    |            |       |           |     |          |     | Accumulated   |     |             |   |              |       |      
|------------------------------------------------- | -------------------------- | - | ------ | -- | ---------- | ----- | --------- | --- | -------- | --- | ------------- | --- | ----------- | - | ------------ | ----- | -----
|                                                  |                            |   |        |    | Additional |       |           |     |          |     | other         |     | Unallocated |   |              |       |      
|                                                  |                            |   | Common |    | paid-in    |       | Retained  |     | Treasury |     | comprehensive |     | ESOP        |   | Unearned     |       |      
|                                                  |                            |   | stock  |    | Capital    |       | earnings  |     | stock    |     | income        |     | shares      |   | compensation |       | Total
|                                                  |                            |   |        |    |            |       |           |     |          |     |               |     |             |   |              |       |      
|Balances at December 31, 2002                     | $ 34                       | $ | 10,493 | $  | 33,288     | $     | $ (7,101) | $   | 294      | $   | (684)         | $   | (131)       | $ | 36,193      
|Comprehensive income:                             |                            |   |        |    |            |       |           |     |          |     |               |     |             |   |             
|                                                  | Net Income                 | - |        | -  |            | 1,091 |           | - - |          | -   |               | - - |             | - |              | 1,091
|                                                  | Other comprehensive income | - |        | -  |            | -     |           | - - |          | 560 |               | - - |             | - |              | 560  
|                                                  | Total comprehensive income |   |        |    |            |       |           |     |          |     |               |     |             |   |              | 1,651
|Purchase of 31,850 treasury shares                | -                          |   | -      |    | -          |       | (682)     |     | -        |     | -             |     | -           |   | (682)       
|Retirement of 101,164 treasury shares             | (1)                        |   | (671)  |    | (253)      |       | 925       |     | -        |     | -             |     | -           |   | -           
|Exercise of stock options and related tax benefit |                            |   |        |    | (10)       |       | 22        |     |          |     |               |     |             |   | 12          
|Amortization of Unearned Compensation             | -                          |   | -      |    | -          |       | - -       |     | -        |     | - -           |     | 39          |   | 39          
|Dividends paid ($0.22 per share)                  | -                          |   | -      |    | (922)      |       | - -       |     | -        |     | - -           |     | -           |   | (922)       
|ESOP shares released for                          |                            |   |        |    |            |       |           |     |          |     |               |     |             |   |             
|                                                  | allocation (9,998 shares)  | - |        | 96 |            | -     |           | -   |          | -   |               | 46  |             | - |              | 142  
|                                                  |                            |   |        |    |            |       |           |     |          |     |               |     |             |   |              |       |      
|Balances at September 30, 2003                    | $ 33                       | $ | 9,918  | $  | 33,194     | $     | $ (6,836) | $   | 854      | $   | (638)         | $   | (92)        | $ | 36,433      
|                                                  |                            |   |        |    |            |       |           |     |          |     |               |     |             |   |             





Share and per share data has been adjusted to reflect the three-for-two stock split distributed on June16, 2003.

See accompanying notes to unaudited condensed consolidated financial statements.

ROME BANCORP, INC. AND SUBSIDIARY

Condensed Consolidated Statements of Cash Flows

For the Nine Months Ended September 30, 2003 and 2002

(unaudited) (in thousands)

|                                                     |                                                      |                                   |                                            |                                           |          |         |          | 2003    |  | 2002
|---------------------------------------------------- | ---------------------------------------------------- | --------------------------------- | ------------------------------------------ | ----------------------------------------- | -------- | ------- | -------- | ------- |  | ----
|Cash flows from operating activities:                |                                                      |                                   |                                            |                                           |          |        
|                                                     | Net income                                           |                                   |                                            |                                           |          | $ 1,091 |          | $ 1,695
|                                                     | Adjustments to reconcile net income to net cash      |                                   |                                            |                                           |         
|                                                     |                                                      | Provided by operating activities: |                                            |                                           |          |         |         
|                                                     |                                                      |                                   | Depreciation and amortization              |                                           |          | 289     |          | 273    
|                                                     |                                                      |                                   | Increase in accrued interest receivable    | (25)                                      |          | (3)    
|                                                     |                                                      |                                   | Net loss( gain) on securities              | 948                                       |          | (132)  
|                                                     |                                                      |                                   | Provision for loan losses                  | 250                                       |          | 200    
|                                                     |                                                      |                                   | Net gains on sales of real estate owned    | (6)                                       |          | (12)   
|                                                     |                                                      |                                   | Net accretion on securities                |                                           | 38       |         | 26      
|                                                     |                                                      |                                   | Increase in other liabilities              |                                           | 405      |         | 138     
|                                                     |                                                      |                                   | Increase in other assets                   |                                           |          | (925)   |          | (339)  
|                                                     |                                                      |                                   | Gain on sale of loans                      |                                           |          | (39)    |          | -      
|                                                     |                                                      |                                   | Allocation of ESOP shares                  |                                           |          | 207     |          | 101    
|                                                     |                                                      |                                   | Amortization of Unearned Compensation      |                                           | 39       |         | 39      
|                                                     |                                                      |                                   | Tax benefit from exercise of stock options |                                           | -        |         | 28      
|                                                     |                                                      |                                   |                                            | Net cash provided by operating activities |          | 2,272   |          | 2,014  
|                                                     |                                                      |                                   |                                            |                                           |          |         |          |         |  |     
|Cash flows from investing activities:                |                                                      |                                   |                                            |                                           |          |        
|                                                     | Net increase in loans                                |                                   |                                            |                                           | (21,622) |         | (13,013)
|                                                     | Proceeds from sale of education loans                |                                   | 1,305                                      |                                           | 180     
|                                                     | Proceeds from sales of securities available for sale |                                   | 2,332                                      |                                           | 3,313   
|                                                     | Proceeds from maturities and principal reductions of |                                   |                                            |                                           |         
|                                                     |                                                      | securities available for sale     |                                            |                                           |          | 5,614   |          | 4,494  
|                                                     | Purchases of securities available for sale           |                                   |                                            | (125)                                     |          | (5,418)
|                                                     | Purchases of securities held to maturity             |                                   |                                            | (269)                                     |          | (2,934)
|                                                     | Redemption of Federal Home Loan Bank stock           | 34                                |                                            | 123                                      
|                                                     | Proceeds from maturities and principal reductions of |                                   |                                            |                                           |         
|                                                     |                                                      | securities held to maturity       |                                            |                                           |          | 205     |          | 1,792  
|                                                     | Proceeds from sales of real estate owned             |                                   |                                            | 61                                        |          | 141    
|                                                     | Additions to premises and equipment                  |                                   |                                            | (1,219)                                   |          | (343)  
|                                                     |                                                      |                                   |                                            | Net cash used in investing activities     | (13,684) |         | (11,665)
|                                                     |                                                      |                                   |                                            |                                           |          |         |          |         |  |     
|Cash flows from financing activities:                |                                                      |                                   |                                            |                                           |          |        
|                                                     | Decrease in time deposits                            |                                   |                                            | (261)                                     |          | (440)  
|                                                     | Increase in other deposits                           |                                   |                                            |                                           | 10,808   |         | 7,571   
|                                                     | Issuance of debt                                     |                                   |                                            |                                           | 8,500    |         | -       
|                                                     | Repayments of borrowings                             |                                   |                                            |                                           | (1,994)  |         | (1,812) 
|                                                     | Purchase of treasury stock                           |                                   |                                            |                                           | (682)    |         | (1,637) 
|                                                     | Dividends                                            |                                   |                                            |                                           | (922)    |         | (761)   
|                                                     | Exercise of stock options                            |                                   |                                            |                                           | 12       |         | 75      
|                                                     |                                                      |                                   |                                            | Net cash provided by financing activities |          | 15,461  |          | 2,996  
|                                                     |                                                      |                                   |                                            |                                           |          |         |          |         |  |     
|Net increase (decrease) in cash and cash equivalents |                                                      | 4,049                             |                                            | (6,655)                                  
|Cash and cash equivalents at beginning of period     |                                                      |                                   | 15,698                                     |                                           | 23,922  
|                                                     |                                                      |                                   |                                            |                                           |          |         |          |         |  |     
|Cash and cash equivalents at end of period           |                                                      |                                   | $ 19,747                                   |                                           | $ 17,267

See accompanying notes to unaudited condensed consolidated financial statements.





ROME BANCORP, INC. AND SUBSIDIARY

Condensed Consolidated Statements of Cash Flows

For the Nine Months Ended September 30, 2003 and 2002

(unaudited) (in thousands)





|                                                  |                                                |  | 2003 |     | 2002 
|------------------------------------------------- | ---------------------------------------------- |  | ---- | --- | -----
|Supplemental disclosure of cash flow information: |                                                |  |      |     |      
|                                                  | Non-cash investing activities:                 |  |      |     |      
|                                                  | Transfer of loans to real estate owned         |  |      | $ - |      
|                                                  | Change in securities purchased and not settled |  |      | -   |      
|                                                  | Cash paid during the period for:               |  |      |     |      
|                                                  | Interest                                       |  |      |     | 2,717
|                                                  | Income taxes                                   |  |      |     | 845  





ROME BANCORP, INC.

Notes to Unaudited Condensed Consolidated Financial Statements

(1)	Basis of Presentation

The accompanying unaudited condensed consolidated financial statements include the accounts of Rome Bancorp, Inc. ("Rome Bancorp" or the "Company") and The Rome Savings Bank (the "Bank"), a wholly-owned subsidiary of the Company, as of September 30, 2003 and December 31, 2002 and for the three and nine month periods ended September 30, 2003 and 2002. All inter-company accounts and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-QSB. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In the opinion of management, the unaudited condensed consolidated financial statements include all necessary adjustments, consisting of normal recurring accruals, necessary for a fair presentation for the periods presented.

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

The data in the condensed consolidated balance sheet for December 31, 2002 was derived from the Company's 2002 Annual Report on Form 10-KSB. That data, along with the interim financial information presented in the condensed consolidated balance sheet, statements of income, statement of shareholders' equity and comprehensive income and statements of cash flows should be read in conjunction with the 2002 consolidated financial statements, including the notes thereto included in the Company's Annual Report on Form 10- KSB.

On May 28, 2003, the Company's Board of Directors announced a three-for-two stock split of its common shares. The additional shares were distributed to shareholders of record as of May 29, 2003 on June 16, 2003. All share and per share data presented has been adjusted to reflect this split.

Amounts in the prior period's consolidated financial statements are reclassified when necessary to conform with the current period's presentation.



1. Earnings Per Share

The following summarizes the computation of earnings per share for the three and nine month periods ended September 30, 2003 and 2002.

Three months ended 	Nine months ended

September 30	 September 30

(in thousands, except share and per share data)







|                                               | 2003     | 2002   |  | 2003    | 2002   
|---------------------------------------------- | -------- | ------ |  | ------- | -------
|Basic earnings (loss) per share:               |          |        |  |         |        
|Income (loss) available to common shareholders | $ (55)   | $ 515  |  | $ 1,091 | $ 1,695
|Weighted average basic shares outstanding      | 4,112    | 4,163  |  | 4,119   | 4,173  
|                                               |          |        |  |         |        
|Basic earnings (loss) per share                | $ (0.01) | $ 0.12 |  | $ 0.26  | $ 0.41 
|                                               |          |        |  |         |        
|Diluted earnings (loss) per share:             |          |        |  |         |        
|Income (loss) available to common shareholders | $ (55)   | $ 515  |  | $ 1,091 | $ 1,695
|Weighted average basic shares outstanding      | 4,112    | 4,163  |  | 4,119   | 4,173  
|Effect of dilutive securities:                 |          |        |  |         |        
|Stock options*                                 | -        | 105    |  | 108     | 100    
|Unearned compensation*                         | -        | 13     |  | 11      | 15     
|Weighted average diluted shares outstanding    | 4,112    | 4,281  |  | 4,237   | 4,287  
|                                               |          |        |  |         |        
|Diluted earnings (loss) per share              | $ (0.01) | $ 0.12 |  | $ 0.26  | $ 0.40 

* - The effect of stock options and unearned compensation are not included for the three months ended September 30, 2003 as the amounts are anti-dilutive.

1. Other Comprehensive Income (Loss)
2. Asset Impairment Charge
3. Stock-Based Compensation
4. Commitments and Contingencies

The Company does not issue any guarantees that would require liability-recognition or disclosure, other than its standby letters of credit. The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments consist of commitments to extend credit and involve, to varying degrees, elements of credit, market and interest rate risk in excess of the amounts recognized in the consolidated balance sheet.

Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if deemed necessary by the Company, is based on management's credit evaluation of the counterparty. Collateral held varies, but may include real estate, accounts receivable, inventory, property, plant and equipment and income-producing commercial properties. Substantially all commitments to extend credit, if exercised, will represent loans secured by real estate. At September 30, 2003 and 2002 the Company was committed to originate mortgage and other loans of approximately $19.8 million and $10.1 million respectively. Commitments under unused lines of credit and letters of credit were approximately $8,793,000 and $219,000 at September 30, 2003, respectively, as compared to $6,783,000 and $224,000 at September 30, 2002, respectively.

(7) Charter Conversion

On October 15, 2003, the Company, a majority-owned subsidiary of Rome, MHC (the "MHC"), announced today that the Board of Directors of the Company and the Bank and the Board of Trustees of the MHC adopted a Plan of Charter Conversion pursuant to which the Bank and the MHC will convert to federal charters.

Under the Plan of Charter Conversion, the MHC will convert from a New York-chartered company regulated by the New York State Banking Department and the Federal Reserve Board to a federally-chartered company regulated by the Office of Thrift Supervision (the "OTS"). Also pursuant to the Plan of Charter Conversion, the Bank will convert from a New York-chartered savings bank regulated by the New York State Banking Department and the Federal Deposit Insurance Corporation to a federal savings bank regulated by the OTS. The Company will remain a Delaware-chartered holding company but will be regulated as a savings and loan holding company by the OTS. The Board of Directors of the Company and the Bank and the Board of Trustees of the MHC believe that the Charter Conversion will, among other things, allow the MHC to waive the receipt of dividends paid by the Company and reduce the number of regulators of the organization from three to one. The Plan of Charter Conversion is subject to the regulatory approval of the OTS and the approval of the members of the MHC. The Charter Conversion is expected to be completed during the first quarter of 2004.

(8)	Recent Accounting Pronouncements

In May 2002 the FASB issued Statement No. 145," Recission of SFAS Statements No. 4, 44, and 64, Amendment of FASB Statement No. 13, and Technical Corrections." The provisions of this statement are generally effective for fiscal years beginning after May 15, 2002. In July 2002, the FASB issued Statement No. 146, "Accounting for Costs Associated with Exit or Disposal Activities." This statement is effective for disposal or exit activities initiated after December 31, 2002. The adoption of Statement Nos. 145 and 146 did not have a material effect on theCompany's results of operations or financial condition.

In January 2003, the FASB issued Interpretation No. 46, "Consolidation of Variable Interest Entities, an Interpretation of ARB No. 51." This Interpretation addresses the consolidation by business enterprises of variable interest entities as defined in the Interpretation. The Interpretation applies immediately to variable interests in variable interest entities created after January 31, 2003, and to variable interests in variable interest entities obtained after January 31, 2003. The application of this Interpretation did not have a material effect on the Company's financial statements.

In April 2003, the FASB issued SFAS No. 149, "Amendment of Statement 133 on Derivative Instruments and Hedging Activities." SFAS No. 149 amends and clarifies financial accounting and reporting for derivative instruments, including certain derivative instruments embedded in other contracts and for hedging activities under SFAS No. 133, "Accounting for Derivative Instruments and Hedging Activities." This Statement is generally effective for contracts entered into or modified and hedging relationships designated after June 30, 2003. The adoption of SFAS No. 149 did not have a material effect on the Company's consolidated financial statements.



In May 2003, the FASB issued SFAS no. 150, "Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity." SFAS no. 150 establishes standards for how an issuer classifies and measures certain financial instruments with both a liability and equity. It requires that an issuer classify certain financial instruments as a liability, although the financial instrument may previously have been classified as equity. This Statement is effective for financial instruments entered into or modified after May 31, 2003 and otherwise is effective at the beginning of the first interim period beginning after September 15, 2003. The adoption of SFAS No. 150 did not have a material effect on the Company's consolidated financial statements.







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

Forward-Looking Statements

Statements included in this discussion and in future filings by Rome Bancorp with the Securities and Exchange Commission, in Rome Bancorp, press releases, and in oral statements made with the approval of an authorized executive officer, which are not historical or current facts, are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. Rome Bancorp wishes to caution readers not to place undue reliance on such forward-looking statements, which speak only as of the date made. The following important factors, among others, in some cases have affected and in the future could affect Rome Bancorp's actual results, and could cause Rome Bancorp's actual financial performance to differ materially from that expressed in any forward-looking statement: (1) competitive pressures among depository and other financial institutions may increase significantly; (2) revenues may be lower than expected; (3) changes in the interest rate environment may reduce interest margins; (4) general economic conditions, either nationally or regionally, may be less favorable than expected, resulting in, among other things, a deterioration in credit quality and/or a reduced demand for credit; (5) legislative or regulatory changes, including changes in accounting standards, may adversely affect the business in which the Company is engaged; (6) competitors may have greater financial resources and developed products that enable such competitors to compete more successfully than the Company; and (7) adverse changes may occur in the securities markets or with respect to inflation. The foregoing list should not be construed as exhaustive, and Rome Bancorp disclaims any obligation to subsequently revise any forward-looking statements to reflect events or circumstances after the date of such statements, or to reflect the occurrence of anticipated or unanticipated events.

Comparison of Financial Condition at September 30, 2003 and December 31, 2002:

Total assets at September 30, 2003 were $267.8 million, an increase of $17.7 million from $250.1 million at December 31, 2002. Cash and federal funds increased by $4.0 million in the first three quarters of 2003, primarily as a result of net additional FHLB borrowings totaling $6.5 million and securities sales and maturities, offset by growth in the Company's loan portfolio. Total securities decreased $7.8 million from $43.2 million at December 31, 2002 to $35.4 million at September 30, 2003. The decrease in securities was attributable to the sale of two securities, as well as maturities in the investment portfolio.

The majority of the Company's equity holdings represent an investment in a mutual fund which purchases high quality blue chip common stocks. The prolonged downturn in the equity markets has caused a decrease in the market value of the fund, resulting in unrealized losses of $1.0 million on the original investment of $6.1 million. This unrealized loss had previously been included in the equity adjustment required by SFAS No. 115 and was included in the equity section of the balance sheet as a component of "Accumulated Other Comprehensive Income." Management made an assessment of these holdings as of September 30, 2003 and concluded that the unrealized losses are other than temporary in nature under generally accepted accounting principles. Accordingly, the Company recorded a pre-tax impairment loss of $1.0 million on this security investment, reducing the asset value to its fair market value of $5.1 million.

The Company's loan portfolio increased by $20.1 million, or 11.0%, during the first three quarters of 2003. During the first nine months of 2003, the Company originated approximately $55.3 million of loans, an increase of 68.1% over the approximately $32.9 million of loans originated in the same period of 2002. The majority of the growth in the loan portfolio in 2003 has been in the residential mortgage area. This growth is attributable to both the Company's emphasis on marketing these products and historically low interest rates. Asset quality improved over the same period, as non-performing loans as a percentage of total loans declined to 0.41% at September 30, 2003 from 0.83% at December 31, 2002.

Total deposits increased $10.6 million or 5.4% from $194.9 million at year-end to $205.5 million at September 30, 2003. The overall increase in deposits is attributable to increases in savings, non-interest bearing and money market accounts partially offset by a decrease in time and other interest bearing deposits. Savings deposits increased $6.6 million or 7.6% from $86.5 million at December 31, 2002 to $93.1 million at September 30, 2003. Non-interest bearing deposits increased $4.7 million or 18.8% from $25.0 million at December 31, 2002 to $29.7 million at September 30, 2003, while money market accounts increased by $74,000 over the same period. Management attributes at least part of the increase in deposits to the recent decline in the equity markets and consequent flight to safety perceived in insured deposit accounts. In addition, during the third quarter of 2003, the Company introduced several new consumer demand deposit offerings, leading to growth in these deposit types. Other interest bearing deposits decreased $591,000 or 21.1% as the Company continued to de-emphasize these products in its marketing efforts. Time deposit accounts declined by $261,000, or 0.4% during the first nine months of 2003.

Comparison of Operating Results for the Three-Month Periods Ended September 30, 2003 and 2002

General



During the three months ended September 30, 2003, the Company recorded a net loss of $55,000 as compared to net income of $515,000 for the third quarter of 2002. The decrease in net income is comprised of a $948,000 net loss on securities and an increase of $306,000 in non-interest expense, which were partially offset by a $241,000 increase in net interest income before provision for loan losses, a decrease in loan loss provision of $100,000, an increase in non-interest income of $37,000 and a $306,000 decrease in income tax expense.

Diluted earnings per share was a loss of $0.01 per diluted share for the three months ended September 30, 2003 in comparison to income of $0.12 per diluted share for the same quarter of 2002. The decrease in earnings per share was the result of the above referenced decline in third quarter net income somewhat offset by a decrease in the diluted shares outstanding. Diluted shares outstanding declined to 4,112,081 in comparison to 4,280,970 for the three months ended September 30, 2002 primarily as a result of the Company's stock repurchase program.



Interest Income

Interest income decreased to $3.7 million for the quarter ended September 30, 2003 from $3.9 million for the same quarter of 2002. The decrease in interest income was attributable to the continued decline in market interest rates on earning assets, partially offset by an increase in average loan balances outstanding. Average loan balances for the third quarter of 2003 were $196.6 million, an increase of $20.4 million over the average outstanding loans for the third quarter of 2002. The yield on the Company's loan portfolio for the quarter ended September 30, 2003 was 6.69% in comparison to a yield of 7.53% for the same period last year. Interest income on securities declined $102,000 from $489,000 for the quarter ended September 30, 2002 to $387,000 for the quarter ended September 30, 2003. Comparatively, the average balance of securities declined by $7.3 million, or 16.2% from the third quarter of 2002 to $37.9 million for the current quarter and the yield on the Company's securities decreased from 4.33% to 4.09% for the same periods, respectively. Finally, interest income on federal funds sold and other interest bearing deposits declined by $28,000 to $38,000 for the quarter ended September 30, 2003 from the same quarter in 2002 due to a decline in their yield from 1.63% for the quarter ended September 30, 2002 to 0.89% for the current quarter.

Interest Expense

Interest expense decreased from $1.3 million in the quarter ended September 30, 2002 to $907,000 for the current quarter. Interest expense on deposits declined from $1.0 million for the quarter ended September 30, 2002 to $746,000 for the quarter ended September 30, 2003, reflecting a decrease in the average cost of interest bearing deposits from 2.42% to 1.68% for the third quarters of 2002 and 2003, respectively. Outstanding average deposits for the quarter ended September 30, 2003 increased by $7.6 million, or 4.5%, over the same period a year earlier. The decline in the average cost of deposits was consistent with the decline in market rates. Interest expense on borrowed funds declined from $259,000 for the quarter ended September 30, 2002 to $161,000 for the quarter ended September 30, 2003. This reflects a decrease in the cost of these borrowings from 6.77% in the third quarter of 2002 to 2.97% in the current quarter, partially offset by an increase in average outstanding borrowings of $6.2 million in the third quarter of 2003 as compared to the same period last year. The increase in borrowings was directly related to increased loan funding.

Provision for Loan Losses

The Company recorded no provision for loan losses in the third quarter of 2003 versus $100,000 in the same quarter of 2002. Asset quality remains high with non-performing loans as a percent of loans of 0.41% and the allowance for loan losses as a percent of non-performing loans of 199.0% at September 30, 2003, as compared to 0.83% and 114.1% at December 31, 2002.

In determining the appropriate provision for loan losses, management considers the level of and trend in non-performing loans, the level of and trend in net loan charge-offs, the dollar amount and mix of the loan portfolio, as well as general economic conditions and real estate trends in the Company's market area, which can impact the inherent risk of loss in the Company's loan portfolio.

Non-Interest Income and Non-Interest Expense

Non-interest income decreased by $911,000 to a loss of $640,000 in the third quarter of 2003, from $271,000 in the same period of 2002. This decrease is primarily attributable to net losses on securities totaling $948,000 recorded in the third quarter of the current year, versus none in the prior year third quarter. These losses consist of an impairment loss on equity securities of $1.0 million, partially offset by gains on the sale of two securities totaling $93,000. During the third quarter of 2003, in connection with its ongoing review of asset values, the Company determined that its investment in a large blue chip mutual fund had been other than temporarily impaired, as defined by generally accepted accounting principles. Accordingly, an impairment charge of $1.0 million (pre-tax) was recorded to lower the book value of this security to the current fair market value of $5.1 million. This charge reduced 2003 third quarter and year to date net earnings by $636,000, or $0.15 per diluted share. The "other than temporary" write-down does not necessarily mean that the value has been permanently lost. The fair market value of the security may increase or decrease on a going forward basis. Other non-interest income increased by $37,000, or 13.6%, to $308,000 for the quarter ended September 30, 2003 from $271,000 in the same quarter in 2002, due to increased customer fee income.

Non-interest expense increased by $306,000 to $2.3 million in the third quarter of the current year compared to $2.0 million in the same period of 2002. This variance was primarily the result of a $265,000 increase in salaries and employee benefits, reflecting increases in the cost of the Company's retirement benefit plans, as well as increased staffing levels to accommodate new banking products.,(32 k legal, 32 K ATM fees, 15K audits and consulting)

Income tax expense for the third quarter of 2003 decreased by $306,000, to a benefit of $57,000, from expense of $257,000 in the same period of 2002, due to the decrease in pre-tax income that was primarily attributable to the securities impairment charge recorded in the current quarter.

Comparison of Operating Results for the Nine-Month Periods Ended September 30, 2003 and 2002

General



Net income for the Company for the nine-month period ended September 30, 2003, was $1.1 million or $0.26 per diluted share, as compared to $1.7 or $0.40 per diluted share for the same period in 2002. This decrease is primarily attributable to the net security loss of $948,000 recorded in the third quarter of 2003 versus security gains of $132,000 in the first nine months of 2002. Other components of the decrease in year to date earnings included a $50,000 increase in the year to date loan loss provision and increased non-interest expense of $699,000 offset by an increases in net interest income before loan loss provision of $846,000 and in other non-interest income of $82,000 as well as decreased income tax expense of $298,000. The increase in net interest income was caused by a $1.2 million decrease in total interest expense offset by a $392,000 decrease in total interest income.

Interest Income

Interest income decreased to $11.2 million for the nine-month period ended September 30, 2003 from $11.6 million in the nine-month period ended September 30, 2002. The decrease in interest income is the result of lower prevailing interest rates in the first three quarters of 2003, as compared to the same period last year partially offset by increased loan balances outstanding. Average loans increased from $171.6 million for the nine-month period ended September 30, 2002 to $190.4 million for the same period in 2003, primarily due to growth in the residential lending area. Interest income on securities decreased $293,000 to $1.3 million for the nine-month period ended September 30, 2003 from $1.6 million in the same period of 2002. The yield earned on these investments decreased to 4.16% for the first three quarters of 2003 from 4.46% for the same period of 2002 while average balances of the investment portfolio decreased by 13.1% over the same period. Interest income on federal funds declined from $222,000 for the nine months ended September 30, 2002 to $90,000 for the comparable period in 2003 as a result of a 33.8% decrease in average federal funds holdings from $17.6 million to $11.6 million, as well as a decrease in yields from 1.68% to 1.03% over the two periods.

Interest Expense

Interest expense decreased by 31.2% from $4.0 million for the nine-month period ended September 30, 2002 to $2.7 million for the nine-month period ended September 30, 2003. This decrease is almost entirely driven by a decline in the cost of deposits and borrowings from 2.90% for the first nine months of 2002 to 1.92% for the same period of 2003. The average balance of interest-bearing deposits grew to $173.4 million at September 30, 2003 from $167.0 million a year ago as investors continued to gravitate to these products over equity markets. Average borrowed funds increased to $16.7 million for the nine months ended September 30, 2003, from $15.9 million for the same period of 2002.

Provision for Loan Losses

The Company recorded a $250,000 provision for loan losses in the nine-month period ended September 30, 2003 as compared to $200,000 in the same period of 2002. The increase in the provision for loan losses was necessitated by a higher level of loan charge-offs in the first quarter of 2003. Asset quality remains high with non-performing loans as a percent of loans of 0.41% and the allowance for loan losses as a percent of non-performing loans of 199.0% at September 30, 2003, as compared to 0.83% and 114.1% at December 31, 2002.

In determining the appropriate provision for loan losses, management considers the level of and trend in non-performing loans, the level of and trend in net loan charge-offs, the dollar amount and mix of the loan portfolio, as well as general economic conditions and real estate trends in the Company's market area, which can impact the inherent risk of loss in the Company's loan portfolio.

Non-interest Income and Non-interest Expense

The decrease in non-interest income of $998,000 for the first nine-months of 2003 versus the same period of 2002, is primarily due to securities gains and losses. As explained in the above discussion of third quarter operations, the Company recorded an impairment write-down of $1.0 million on an equity investment in its available for sale portfolio in 2003. This was partially offset by gains totaling $93,000 realized on the sale of two investments in the third quarter of 2003. This compares to year to date investment gains of $132,000 in 2002. Other non-interest income for 2003 was positively impacted by $82,000 of customer fee income in excess of 2002 levels.

The $699,000 increase in non-interest expense to $6.5 million for the three quarters ended September 30, 2003 was primarily attributable to an increase of $633,000 in wages and benefits from $3.1 million for the nine-month period ended September 30, 2002 to $3.7 million for the first nine months of 2003. The increase is also attributable to costs incurred in relation to the Company's new core system conversion, increased staffing levels to accommodate new banking products and,(32 k legal, 32 K ATM fees, 15K audits and consulting) increases in the cost of the Company's benefit plans.

Income Tax Expense

Income tax expense decreased to $541,000 for the nine-month period ended September 30, 2003 from $839,000 for the nine-month period ended September 30, 2002, primarily due to the tax effect of the security impairment charge taken, offset by higher permanent tax differences related to the Company's benefit plans.



Liquidity and Capital Resources

The Company's primary sources of funds consist of deposits, scheduled amortization and prepayments of loans and mortgage-backed securities, maturities of investments, interest bearing deposits at other financial institutions and funds provided from operations. The Bank also has a written agreement with the Federal Home Loan Bank of New York that allows it to borrow up to $22.6 million. At September 30, 2003, the Bank had no outstanding borrowings on this line of credit, but did have outstanding advances and amortizing notes totaling $21.4 million.

Loan repayments and maturing investment securities are a relatively predictable source of funds. However, deposit flows, calls of investment securities, and prepayments of loans and mortgage-backed securities are strongly influenced by interest rates, general and local economic conditions, and competition in the marketplace. These factors reduce the predictability of the timing of these sources of funds.

The Company's primary investing activities include the origination of loans and to a lesser extent the purchase of investment securities. For the nine-month period ended September 30, 2003, the Company originated loans of approximately $55.3 million, an increase of 68.1% over the approximately $32.9 million of loans originated in the first three quarters of 2002. During the first nine months of 2003, the Company sold student loans of $1.3 million, as it divested the remainder of its student loan portfolio. Purchases of securities were $394,000 for the nine-month period ending September 30, 2003 and $8.4 million for the same period in 2002.

At September 30, 2003, the Company had loan commitments to borrowers of approximately $19.8 million, and available letters and lines of credit of approximately $9.0 million.

Time deposit accounts scheduled to mature within one year were $13.1 million at September 30, 2003. Based on our deposit retention experience and current pricing strategy, we anticipate that a significant portion of these time deposits will remain with the Company. We are committed to maintaining a strong liquidity position; therefore, the Company monitors its liquidity position on a daily basis. The Company anticipates that it will have sufficient funds to meet its current funding commitments. The marginal cost of new funding however, whether from deposits or borrowings from the Federal Home Loan Bank, will be carefully considered as the Company monitors its liquidity needs. Therefore, in order to minimize its cost of funds, the Company may consider additional borrowings from the Federal Home Loan Bank in the future.

At September 30, 2003, the Company and the Bank exceeded each of the applicable regulatory capital requirements. The Company's and the Bank's leverage (Tier 1) capital at September 30, 2003 was $37.3 million and $31.8 million, respectively, or 14.56% and 11.87% of average assets, respectively. In order to be classified as "well-capitalized" by the FDIC, the Bank is required to have leverage (Tier 1) capital of $13.4 million, or 5.0% of average assets. To be classified as a well-capitalized bank by the FDIC, the Bank must also have a total risk-based capital ratio of 10.0%. At September 30, 2003, the Bank had a total risk-based capital ratio of 17.44%.

The Company paid cash dividends of $0.22 and $0.18 per share during the nine-month periods ended September 30, 2003 and 2002, respectively. During the nine-month period ended September 30, 2003, the Company repurchased 31,850 shares of common stock at a cost of $682,000. Year to date 2003 capital expenditures totaling $1.2 million were primarily related to the Company's new core banking system, branch renovations and the purchase of real estate adjacent to the Company's headquarters.

The Company does not anticipate any material capital expenditures, nor does it have any balloon or other payments due on any long-term obligations or any off-balance sheet items other than the commitments and unused lines of credit noted above.

The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the company's financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.





Item 3. Controls and Procedures

Management, including the Company's President and Chief Executive Officer and the Chief Financial Officer, have evaluated the effectiveness of the Company's disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(f) and 15d-15(e)) as of the end of the period covered by this report. Based upon that evaluation, the President and Chief Executive Officer and Chief Financial Officer concluded that the disclosure controls and procedures were effective, in all material respects, to ensure that information required to be disclosed in the reports the Company files and submits under the Exchange Act is recorded, processed, summarized and reported as and when required.

There have been no significant changes in the Company's internal controls over financial reporting identified in connection with the evaluation that occurred during the Company's last fiscal quarter that has materially affected, or that is reasonably likely to materially affect, the Company's internal control over financial reporting.









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 a Vote of Security Holders

None.

Item 5.	 Other Information



None.

Item 6.	Exhibits and Reports on Form 8-K

1. Exhibits:
2. Reports on Form 8-K.

On August 1, 2003, the Company filed a Form 8-K, furnishing the Company's earnings press release for the quarter ended June 30, 2003.

SIGNATURES

In accordance with the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Rome Bancorp, Inc.

|Name                                   |  | Title                                                                                      | Date             
|-------------------------------------- |  | ------------------------------------------------------------------------------------------ | -----------------
|/s/Charles M. Sprock
Charles M. Sprock |  | Chairman of the Board, President and Chief Executive Officer
(Principal Executive Officer) | November 12, 2003
|/s/David C. Nolan
David C. Nolan       |  | Treasurer and Chief Financial Officer (Principal Financial Officer)                        | November 12, 2003
|                                       |  |                                                                                            |                  
|                                       |  |                                                                                            |                  
|                                       |  |                                                                                            |                  
|                                       |  |                                                                                            |                  
|                                       |  |                                                                                            |                  
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|                                       |  |                                                                                            |                  



Rome Bancorp, Inc

Form 10-QSB

For the quarter ended September 30, 2003

Statement furnished pursuant to Section 302 of the 
Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350

EXHIBIT 31.1

I, Charles M. Sprock, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Rome Bancorp, Inc.
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report;
4. The Company's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the Company and have:
5. The Company's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company's auditors and the audit committee of Company's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Company's internal control over financial reporting.

November 12, 2003					/s/Charles M. SprockDated							Charles M. Sprock





Rome Bancorp, Inc

Form 10-QSB

For the quarter ended September 30, 2003

Statement furnished pursuant to Section 302 of the 
Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350

I, David C. Nolan, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Rome Bancorp, Inc.
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report;
4. The Company's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the Company and have:
5. The Company's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company's auditors and the audit committee of Company's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Company's internal control over financial reporting.

November 12, 2003					/s/David C. Nolan 
Dated							David C. Nolan

Rome Bancorp, Inc

Form 10-QSB

For the quarter ended September 30, 2003

EXHIBIT 32.1

Statement furnished pursuant to Section 906 of the 
Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350

The undersigned, Charles M. Sprock, is the Chief Executive Officer of Rome Bancorp, Inc. (the "Company").

This statement is being furnished in connection with the filing by the Company of the Company's Quarterly Report on Form 10-QSB for the quarter ended September 30, 2003 (the "Report").

By execution of this statement, I certify that:

1. the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and
2. the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of the dates and for the periods covered by the Report.
3. the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and
4. the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of the dates and for the periods covered by the Report.

This statement is authorized to be attached as an exhibit to the Report so that this statement will accompany the Report at such time as the Report is filed with the Securities and Exchange Commission, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350. It is not intended that this statement be deemed to be filed for purposes of the Securities Exchange Act of 1934, as amended.

A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

November 12, 2003							/s/David C. Nolan 
Dated									David C. Nolan