SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 FORM 10-Q/A [x] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended MARCH 31, 1998 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: 0-23146 REDFED BANCORP INC. (Exact name of registrant as specified in its charter) DELAWARE 33-0588105 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 300 EAST STATE STREET, REDLANDS, CALIFORNIA 92373 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (909) 793-2391 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 filing requirements for the past 90 days. [x] YES [_] NO The Registrant had 7,520,300 shares of common stock outstanding at March 31, 1998. ITEM 3. Qualitative and Quantitative Disclosures about Market Risk ----------------------------------------------------------- Readers should refer to the qualitative and quantitative disclosures (consisting primarily of interest rate risk) in the Company's 1997 Form 10-K, as there has been no significant change in these disclosures during the quarter ended March 31, 1998. 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. Dated: May 15, 1998 RedFed Bancorp Inc. By: /s/ Anne Bacon ------------------------------- Anne Bacon President and Chief Executive Officer By: /s/ David C. Gray, CPA ------------------------------- David C. Gray, CPA Treasurer and Chief Financial Officer 3