U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-QSB [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2001 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 0-33413 CLOVER LEAF FINANCIAL CORP. ------------------------------------------------------ (Exact name of Registrant as specified in its Charter) Delaware Applied For --------------------------------- --------------------------------------- (State or other jurisdiction of (I.R.S. Employer Identification Number) incorporation or organization) 200 East Park Street, Edwardsville, Illinois 62025 -------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (618) 656-6122 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. (1) X Yes No (2) Yes X No As of September 30, 2001, there were no shares of the Registrant's common stock, par value $0.10 per share, outstanding. Part I. FINANCIAL INFORMATION Clover Leaf Financial Corp. (the "Holding Company") was incorporated under the laws of the State of Delaware for the purpose of becoming the bank holding company of Clover Leaf Bank, SB (the "Bank") in connection with the Bank's conversion from an Illinois-chartered mutual savings bank to an Illinois-chartered stock savings bank, pursuant to its Plan of Conversion (the "Conversion"). The Plan of Conversion is being submitted for a vote of the Bank's members at a special meeting to be held on December 18, 2001. The consummation of the conversion is subject to, among other things, the sale of the minimum number of shares offered and compliance with the conversion approval letters of the Illinois Office of Banks and Real Estate and the Federal Deposit Insurance Corporation. At September 30, 2001, the Holding Company had no assets or liabilities and had not conducted any material operations. Part II. OTHER INFORMATION Item 1. Legal Proceedings None Item 2. Changes in Securities None Item 3. Defaults Upon Senior Securities None Item 4. Submission of Matters to a Vote of Security Holders None Item 5. Other Information None Item 6. Exhibits and Reports on Form 8-K None SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CLOVER LEAF FINANCIAL CORP. Date: December 18, 2001 By: /s/ Dennis M. Terry ---------------------------------------- Dennis M. Terry (President and Chief Executive Officer)