    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.

YES __X__ NO____

    Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

YES __X__ NO____

    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company (as defined in Rule 12b-2 of the Exchange Act).

Large accelerated filer ______

Accelerated filer ______

Non-accelerated filer ______ (Do not check if smaller reporting company)

Smaller reporting company ____X____.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

YES ____ NO__X__

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

Microwave Filter Company and Subsidiaries

Condensed Consolidated Balance Sheets (Unaudited)

~~March 31, 2013~~

~~September 30, 2012~~

Assets
Current Assets:
Cash and cash equivalents $ 637,793 $ 1,023,017
Accounts receivable-trade, net of
     allowance for doubtful accounts
     of $26,000 and $26,000 152,757 263,385
Inventories, net 576,889 529,075
Prepaid expenses and other current assets 85,207 111,342

Total current assets 1,452,646 1,926,819

Property, plant and equipment, net 663,618 672,525

Total assets $ 2,116,264 $ 2,599,344

Liabilities and Stockholders' Equity

Current liabilities:
Accounts payable $ 145,731 $ 92,325
Customer deposits 29,537 30,563
Accrued payroll and related expenses 61,579 51,289
Accrued compensated absences 157,221 172,198
Other current liabilities 35,680 31,308

Total current liabilities 429,748 377,683

Total liabilities 429,748 377,683

Stockholders' Equity:
Common stock, $.10 par value
     Authorized 5,000,000 shares, Issued
     4,324,140 shares in 2013 and 2012,
     Outstanding 2,585,161 shares in 2013
     and 2,586,227 in 2012 432,414 432,414
Additional paid-in capital 3,248,706 3,248,706
Retained earnings (deficit)
( 303,012 ) 232,013

Common stock in treasury, at cost

     1,738,979 shares in 2013 and 1,737,913
     shares in 2012 ( 1,691,592 ) ( 1,691,472 )

Total stockholders' equity 1,686,516 2,221,661

Total liabilities and stockholders' equity $ 2,116,264 $ 2,599,344

<FN>

See Accompanying Notes to Condensed Consolidated Financial Statements

Microwave Filter Company and Subsidiaries

Condensed Consolidated Statements of Operations

(Unaudited)

Three months ended Six months ended
March 31, March 31,
2013 2012 2013 2012

Net sales $ 608,343 $ 1,025,920 $ 1,379,587 $ 2,343,127

Cost of goods sold 477,076 688,306 1,045,120 1,502,301

Gross profit 131,267 337,614 334,467 840,826

Selling, general and
     administrative expenses 442,477 470,737 872,892 892,707

(Loss) income from operations
( 311,210 )

(
133,123 )

( 538,425 )

(
51,881 )

Other income (net) 1,210

3,071
3,400

24,646

(Loss) income
    before income taxes ( 310,000 )

( 130,052 )
( 535,025 )

(
27,235 )

(Benefit) provision
    for income taxes 0

0
0

0

Net (loss) income $ ( 310,000 ) $ ( 130,052 ) $ ( 535,025 ) $ ( 27,235 )

Per share data:
Basic and diluted (loss)
    earnings per share $ ( 0.12 ) $ ( 0.05 ) $ ( 0.21 ) $ ( 0.01 )

Shares used in computing net
     (loss) earnings per share: 2,585,252 2,586,227 2,585,287 2,586,227


		Three months ended				Nine months ended
		June 30,				June 30,
		2013		2012		2013		2012

Net sales	$	705,148	$	1,147,336	$	2,084,735	$	3,490,463

Cost of goods sold		439,440		713,193		1,484,560		2,215,494

Gross profit		265,708		434,143		600,175		1,274,969

Selling, general and
administrative expenses		317,827		381,294		1,190,719		1,274,001

(Loss) income from operations		(52,119)		52,849		(590,544)		968

Other income (net)		1,579		2,027		4,979		26,673

(Loss) income
before income taxes		(50,540)		54,876		(585,565)		27,641

(Benefit) provision
for income taxes		0		(38,582)		0		(38,582)

Net (loss) income	$	(50,540)	$	93,458	$	(585,565)	$	66,223

Net (Loss) Income Per Common Share
Basic and diluted earnings per share	$	(0.02)	$	0.04	$	(0.23)	$	0.03

Weighted Average Common Shares
Outstanding
Shares used in computing net
(loss) earnings per share:		2,585,156		2,585,569		2,585,243		2,586,008

<FN>

See Accompanying Notes to Condensed Consolidated Financial Statements



		Nine months ended
		June 30
		2013		2012

Cash flows from operating activities:
Net (loss) income	$	(585,565)	$	66,223

Adjustments to reconcile net (loss)
income to net cash provided by
(used in) operating activities:
Depreciation		125,167		117,172
Gain on sale of fixed assets		0		(20,000)
Change in operating assets and liabilities:
Accounts receivable-trade		35,136		38,096
Federal and state income
tax recoverable		0		(13,754)
Inventories		(63,931)		69,231
Prepaid expenses and other assets		24,606		421
Accounts payable and customer
deposits		(8,255)		(118,972)
Accrued payroll and related expenses
and compensated absences		(63,546)		(65,091)
Other current liabilities		(2,443)		(52,740)

Net cash (used in) provided by
operating activities		(538,831)		20,586

Cash flows from investing activities:
Property, plant and equipment purchased		(74,345)		(198,225)
Proceeds from sale of fixed assets		0		20,000

Net cash used in investing activities		(74,345)		(178,225)

Cash flows from financing activities:
Purchase of treasury stock		(144)		(663)

Net cash used in financing activities		(144)		(663)

Decrease in cash and cash equivalents		(613,320)		(158,302)

Cash and cash equivalents
at beginning of period		1,023,017		1,258,885

Cash and cash equivalents
at end of period	$	409,697	$	1,100,583

Supplemental Schedule of Cash Flow Information:
Income taxes paid	$	0	$	15,000

<FN>

See Accompanying Notes to Condensed Consolidated Financial Statements

Note 1. Summary of Significant Accounting Policies

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Regulation S-K. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The operating results for the ~~six~~nine month period ended ~~March 31,~~June 30, 2013 are not necessarily indicative of the results that may be expected for the year ended September 30, 2013. For further information, refer to the condensed consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10K for the year ended September 30, 2012.

Note 2. Industry Segment Data

The Company's primary business segment involves the operations of Microwave Filter Company, Inc. (MFC) which designs, develops, manufactures and sells electronic filters, both for radio and microwave frequencies, to help process signal distribution and to prevent unwanted signals from disrupting transmit or receive operations. Markets served include cable television, television and radio broadcast, satellite broadcast, mobile radio, commercial communications and defense electronics.

Inventories net of reserve for obsolescence consisted of the following:

~~March 31, 2013~~


	June 30, 2013		September 30, 2012


Raw materials and stock parts	$	502,276	$	455,000
Work-in-process		16,011		13,554
Finished goods		74,719		60,521

	$	593,006	$	529,075

~~September 30, 2012~~

Raw materials and stock parts $ 488,687 $ 455,000
Work-in-process 15,288 13,554
Finished goods 72,914 60,521

$ 576,889 $ 529,075

The Company's reserve for obsolescence equaled $373,171 at June 30, 2013 and $408,340 at ~~March 31, 2013 and~~ September 30, 2012.

The Company provides for a valuation reserve for certain inventory that is deemed to be obsolete, of excess quantity or otherwise impaired. The decrease of $35,169 in inventory reserve at June 30, 2013 can be attributed to the sale of inventory that had been reserved.

Note 4. Income Taxes

The Company accounts for income taxes under FASB ASC 740-10. Deferred tax assets and liabilities are based on the difference between the financial statement and tax basis of assets and liabilities as measured by the enacted tax rates which are anticipated to be in effect when these differences reverse. The deferred tax provision is the result of the net change in the deferred tax assets and liabilities. A valuation allowance is established when it is necessary to reduce deferred tax assets to amounts expected to be realized. The Company has provided a full valuation allowance against its deferred tax assets.

The Company adopted FASB ASC 740-10. FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax position taken or expected to be taken on a tax return. Additionally, it provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company determined it has no uncertain tax positions and therefore no amounts are recorded.

The State of New York Workers’ Compensation Board has commenced an action against Microwave Filter Company, Inc. to recover for an underfunded self insured program that Microwave Filter Company, Inc. participated in. Due to the relatively short period of time Microwave Filter Company, Inc. participated in the program and the limited amount of potential exposure, we do not expect the resolution of this action will have a material adverse effect on our financial condition, results of operations or cash flows. The Company has accrued $12,000 for this action in other current liabilities.

The carrying values of the Company cash and cash equivalents, accounts receivable and accounts payable approximate fair value because of the short maturity of those instruments.

The Company currently does not trade in or utilize derivative financial instruments.

On July 2, 2013, Microwave Filter Company, Inc. (the “Company”) entered into a Ten Year Term Loan with KeyBank National Association in the amount of Five Hundred Thousand and No/100 Dollars ($500,000.00). The amount of all advances outstanding together with accrued interest thereon shall be due and payable on July 2, 2023 (“Maturity”). The Company shall pay interest on the outstanding principal balance of this Note at the rate per annum equal to 4.5%. The net proceeds from the Term Loan will be available to provide working capital as needed.

The Company has secured this Note by: (a) a Mortgage, Assignment of Rents, Security Agreement and Fixture Filing which creates a 1^st lien on real property situated in the Town of Dewitt, County of Onondaga, and State of New York and known as 6743 Kinne Street, East Syracuse, New York; (b) a General Assignment of Rents and Leases; (c) an Environmental Compliance and Indemnification; and (d) such other security as may now or hereafter b e given to Lender as collateral for the loan.

Note 9. Recent Accounting Pronouncements

Microwave Filter Company, Inc. operates primarily in the United States and principally in one industry. The Company extends credit to business customers based upon ongoing credit evaluations. Microwave Filter Company, Inc. (MFC) designs, develops, manufactures and sells electronic filters, both for radio and microwave frequencies, to help process signal distribution and to prevent unwanted signals from disrupting transmit or receive operations. Markets served include cable television, television and radio broadcast, satellite broadcast, mobile radio, commercial communications and defense electronics.

The Company's condensed consolidated financial statements are based on the application of United States generally accepted accounting principles (GAAP). GAAP requires the use of estimates, assumptions, judgments and subjective interpretations of accounting principles that have an impact on the assets, liabilities, revenue and expense amounts reported. The Company believes its use of estimates and underlying accounting assumptions adhere to GAAP and are consistently applied. Valuations based on estimates are reviewed for reasonableness and adequacy on a consistent basis throughout the Company. Primary areas where financial information of the Company is subject to the use of estimates, assumptions and the application of judgment include revenues, receivables, inventories, and taxes. Note 1 to the condensed consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended September 30, 2012 describes the significant accounting policies used in preparation of the condensed consolidated financial statements. The most significant areas involving management judgments and estimates are described below and are considered by management to be critical to understanding the financial condition and results of operations of the Company.

Revenues from product sales are recorded as the products are shipped and title and risk of loss have passed to the customer, provided that no significant vendor or post-contract support obligations remain and the collection of the related receivable is probable. Billings in advance of the Company's performance of such work are reflected as customer deposits in the accompanying condensed consolidated balance sheet.

The Company established a warranty reserve which provides for the estimated cost of product returns based upon historical experience and any known conditions or circumstances. Our warranty obligation is affected by product that does not meet specifications and performance requirements and any related costs of addressing such matters.

The Company accounts for income taxes under FASB ASC 740-10. Deferred tax assets and liabilities are based on the difference between the financial statement and tax basis of assets and liabilities as measured by the enacted tax rates which are anticipated to be in effect when these differences reverse. The deferred tax provision is the result of the net change in the deferred tax assets and liabilities. A valuation allowance is established when it is necessary to reduce deferred tax assets to amounts expected to be realized. The Company has provided a full valuation allowance against its deferred tax assets.

Net sales for the three months ended ~~March 31,~~June 30, 2013 equaled ~~$608,343,~~$705,148 a decrease of ~~$417,577~~$442,188 or ~~40.7%~~38.5%, when compared to net sales of ~~$1,025,920~~$1,147,336 for the three months ended ~~March 31,~~June 30, 2012. Net sales have been decreasing since the quarter ended ~~July 31,~~June 30, 2012. It is difficult to determine precisely the cause of this systemic erosion in sales but it is conjectured that the fear engendered by the sequester of budgetary funds for the Defense Department has had a major impact on MFC’s economic environment. It should be remembered that substantial Defense cuts occurred during FY 2012 which have affected the whole communications market place as suppliers to the Defense industry have made the commercial market place more competitive as they have sought to redirect their sales efforts away from Defense. Management also believes that the decrease in capital expenditures from non-defense oriented companies (such as Cable Television companies) has also contributed to the overall decline and demand across all market segments served by MFC. In order to mitigate the effects of this decline in demand for our products during this difficult period, management has adopted a plan of cost reduction, as well as, an accelerated development and acquisition of new products. This coupled with an increase in promotional activity for existing and new products will hopefully mitigate the systemic effects of the market place by allowing MFC to increase its market share by virtue of a plethora of products for a wider range of applications and for a larger customer segment.

MFC’s RF/Microwave product sales decreased ~~$177,833~~$168,483 or ~~48.2%~~40.9% to ~~$191,279~~$243,621 for the three months ended ~~March 31,~~June 30, 2013 when compared to RF/Microwave product sales of ~~$369,112~~$412,104 during the same period last year. MFC’s RF/Microwave products are sold primarily to Original Equipment Manufacturers ~~(OEM)~~ that serve the mobile radio, commercial communications and defense electronics markets. The Company continues to invest in production engineering and infrastructure development to penetrate OEM market segments as they become popular. MFC is concentrating its technical resources and product development efforts toward potential high volume customers as part of a concentrated effort to provide substantial long-term growth. Sales to one OEM customer represented approximately 4%22% of total sales for both the ~~quarter~~three months ended ~~March 31,~~June 30, 2013 ~~compared to approximately 23% of total sales for the quarter ended March 31,~~and June 30, 2012.

MFC’s Satellite product sales decreased ~~$91,354~~$81,456 or ~~24.6%~~24.9% to ~~$279,622~~$245,303 for the three months ended ~~March 31,~~June 30, 2013 when compared to Satellite product sales of ~~$370,976~~$326,759 during the same period last year. The decrease can be attributed to a decrease in demand for the Company's filters which suppress strong out-of-band interference caused by military and civilian radar systems and other sources. Although economic conditions do impact sales, management expects demand for these types of filters to continue with the proliferation of earth stations world wide and increased sources of interference.

~~<PAGE> 10~~

MFC’s Cable TV product sales decreased ~~$150,430~~$218,055 or ~~60.7%~~58.9% to ~~$97,192~~$152,314 for the three months ended ~~March 31,~~June 30, 2013 when compared to Cable TV product sales of ~~$247,622~~$370,369 during the same period last year. Management continues to project a decrease in demand for Cable TV products due to the shift from analog to digital television. Due to the inherent nature of digital modulation versus analog modulation, fewer filters will be required. The Company has developed filters for digital television and there will still be requirements for analog filters for limited applications in commercial and private cable systems.

Management also believes that the decrease in capital expenditures from non-defense oriented companies (such as Cable Television companies) has also contributed to the decline in sales.

MFC’s Broadcast TV/Wireless Cable product sales increased ~~$2,267~~$25,134 to ~~$38,089~~$62,528 for the three months ended ~~March 31,~~June 30, 2013 when compared to sales of ~~$35,822~~$37,394 during the same period last year. The increase can be attributed to an increase in demand for UHF Broadcast products which are primarily sold to system integrators for rural communities.

MFC's sales order backlog equaled ~~$298,866~~$262,690 at ~~March 31,~~June 30, 2013 compared to sales order backlog of ~~$612,412~~$394,680 at ~~March 31,~~June 30, 2012. However, backlog is not necessarily indicative of future sales. Accordingly, the Company does not believe that its backlog as of any particular date is representative of actual sales for any succeeding period. ~~The~~Approximately 73% of the total sales order backlog at ~~March 31,~~June 30, 2013 is scheduled to ship by September 30, 2013.

.

Gross profit for the three months ended ~~March 31,~~June 30, 2013 equaled ~~$131,267,~~$265,708, a decrease of ~~$206,347~~$168,435 or ~~61.1%~~38.8%, when compared to gross profit of ~~$337,614~~$434,143 for the three months ended ~~March 31,~~June 30, 2012. The dollar decrease in gross profit can primarily be attributed to the lower sales volume this year when compared to the same period last year. As a percentage of sales, gross profit equaled ~~21.6%~~37.7% for the three months ended ~~March 31,~~June 30, 2013 compared to ~~32.9%~~37.8% for the three months ended ~~March 31,~~June 30, 2012. ~~The decrease in gross profit as a percentage of sales can primarily be attributed to the lower sales volume this year providing a lower base to absorb fixed expenses.~~

Selling, general and administrative (SGA) expenses for the three months ended ~~March 31,~~June 30, 2013 equaled ~~$442,477,~~$317,827, a decrease of ~~$28,620~~$63,467 or ~~6.0%~~16.6%, when compared to SGA expenses of ~~$470,737~~$381,294 for the three months ended ~~March 31,~~June 30, 2012. The decrease can primarily be attributed to lower payroll and payroll related expenses. The Company has been participating in the New York State Shared Work program which allows employers to reduce the hours of all or a particular group of employees. The employees whose hours are reduced can receive partial unemployment insurance benefits or elect to use accrued vacation. As a percentage of sales, SGA expenses increased to ~~72.7%~~45.1% for the three months ended ~~March 31,~~June 30, 2013 when compared to ~~45.9%~~33.2% for the three months ended ~~March 31,~~June 30, 2012 primarily due to the lower sales volume this year when compared to the same period last year.

The (benefit) provision for income taxes equaled $0 for the three months ended ~~March 31,~~June 30, 2013 and ~~March 31,~~June 30, 2012. We have not recognized any (benefit) provision for income taxes. Any benefit for losses has been subject to a valuation allowance since the realization of the deferred tax benefit is not considered more likely than not. As required by FASB ASC 740 (Prior Authoritative Literature: SFAS 109, Accounting for Income Taxes), the Company has evaluated the positive and negative evidence bearing upon the realization of its deferred tax assets. The Company has determined that, at this time, it is more likely than not that the Company will not realize all of the benefits of federal and state deferred tax assets, and, as a result, a valuation allowance was established.

~~<PAGE> 11~~

The following table sets forth the Company's net sales by major product group for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 and 2012.

Product group Fiscal 2013 Fiscal 2012
Microwave Filter (MFC):
     RF/Microwave $ 515,406 $ 895,044
     Satellite 522,752 702,330
     Cable TV 280,582 681,069
     Broadcast TV 56,716 60,950
Niagara Scientific (NSI): 4,131 3,734

Total $ 1,379,587 $ 2,343,127

Sales backlog at March 31 $ 298,866 $ 612,412

Net sales for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 equaled ~~$1,379,587,~~$2,084,735, a decrease of ~~$963,540~~$1,405,728 or ~~41.1%~~40.3%, when compared to net sales of ~~$2,343,127~~$3,490,463 for the ~~six~~nine months ended ~~March 31,~~June 30, 2012. Net sales have been decreasing since the quarter ended ~~July 31,~~June 30, 2012. It is difficult to determine precisely the cause of this systemic erosion in sales but it is conjectured that the fear engendered by the sequester of budgetary funds for the Defense Department has had a major impact on MFC’s economic environment. It should be remembered that substantial Defense cuts occurred during FY 2012 which have affected the whole communications market place as suppliers to the Defense industry have made the commercial market place more competitive as they have sought to redirect their sales efforts away from Defense. Management also believes that the decrease in capital expenditures from non-defense oriented companies (such as Cable Television companies) has also contributed to the overall decline and demand across all market segments served by MFC. In order to mitigate the effects of this decline in demand for our products during this difficult period, management has adopted a plan of cost reduction, as well as, an accelerated development and acquisition of new products. This coupled with an increase in promotional activity for existing and new products will hopefully mitigate the systemic effects of the market place by allowing MFC to increase its market share by virtue of a plethora of products for a wider range of applications and for a larger customer segment.

MFC’s RF/Microwave product sales decreased ~~$379,638~~$548,121 or ~~42.4%~~41.9% to ~~$515,406~~$759,027 for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 when compared to RF/Microwave product sales of ~~$895,044~~$1,307,148 during the same period last year. MFC’s RF/Microwave products are sold primarily to Original Equipment Manufacturers that serve the mobile radio, commercial communications and defense electronics markets. The Company continues to invest in production engineering and infrastructure development to penetrate OEM market segments as they become popular. MFC is concentrating its technical resources and product development efforts toward potential high volume customers as part of a concentrated effort to provide substantial long-term growth. Sales to one OEM customer represented approximately ~~14%~~17% of total sales for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 compared to approximately ~~19%~~20% of total sales for the ~~six~~nine months ended ~~March 31,~~June 30, 2012.

MFC’s Satellite product sales decreased ~~$179,578~~$261,034 or ~~25.6%~~25.4% to ~~$522,752~~$768,055 for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 when compared to satellite product sales of ~~$702,330~~$1,029,089 during the same period last year. The decrease can be attributed to a decrease in demand for the Company’s filters which suppress strong out-of-band interference caused by military and civilian radar systems and other sources. Although economic conditions do impact sales, management expects demand for these types of filters to continue with the proliferation of earth stations world wide and increased sources of interference.

~~<PAGE> 12~~

MFC’s Cable TV product sales decreased ~~$400,487~~$618,542 or 58.8% to ~~$280,582~~$432,896 for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 when compared to Cable TV product sales of ~~$681,069~~$1,051,438 during the same period last year. Management continues to project a decrease in demand for Cable TV products due to the shift from analog to digital television. Due to the inherent nature of digital modulation versus analog modulation, fewer filters will be required. The Company has developed filters for digital television and there will still be requirements for analog filters for limited applications in commercial and private cable systems.

Management also believes that the decrease in capital expenditures from non-defense oriented companies (such as Cable Television companies) has also contributed to the decline in sales.

MFC’s Broadcast TV/Wireless Cable product sales ~~decreased $4,234~~increased $20,900 or ~~6.9%~~21.3% to ~~$56,716~~$119,244 for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 when compared to sales of ~~$60,950~~$98,344 during the same period last year. The ~~decrease~~increase can be attributed to ~~a decrease~~an increase in demand for UHF Broadcast products which are primarily sold to system integrators for rural communities.

Gross profit for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 equaled ~~$334,467,~~$600,175, a decrease of ~~$506,359~~$674,794 or ~~60.2%~~52.9%, when compared to gross profit of ~~$840,826~~$1,274,969 for the ~~six~~nine months ended ~~March 31,~~June 30, 2012. The decrease can primarily be attributed to the lower sales volume this year when compared to the same period last year. As a percentage of sales, gross profit equaled to ~~24.2%~~28.8% for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 compared to ~~35.9%~~36.5% for the ~~six~~nine months ended ~~March 31,~~June 30, 2012. The decrease in gross profit as a percentage of sales can primarily be attributed to the lower sales volume this year providing a lower base to absorb fixed expenses.

SG&A expenses for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 equaled ~~$872,892,~~$1,190,719 a decrease of ~~$19,815~~$83,282 or ~~2.2%~~6.5%, when compared to SG&A expenses of ~~$892,707~~$1,274,001 for the ~~six~~nine months ended ~~March 31,~~June 30, 2012. As a percentage of sales, SGA expenses increased to ~~63.3%~~57.1% for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 compared to ~~38.1%~~36.5% for the ~~six~~nine months ended ~~March 31,~~June 30, 2012 primarily due to the lower sales volume this year when compared to the same period last year.

The (benefit) provision for income taxes equaled $0 for the ~~six~~nine months ended ~~March 31,~~June 30, 2013 and ~~March 31,~~June 30, 2012. We have not recognized any (benefit) provision for income taxes. Any benefit for losses has been subject to a valuation allowance since the realization of the deferred tax benefit is not considered more likely than not. As required by FASB ASC 740 (Prior Authoritative Literature: SFAS 109, Accounting for Income Taxes), the Company has evaluated the positive and negative evidence bearing upon the realization of its deferred tax assets. The Company has determined that, at this time, it is more likely than not that the Company will not realize all of the benefits of federal and state deferred tax assets, and, as a result, a valuation allowance was established.

~~<PAGE> 13~~

Off-Balance Sheet Arrangements

At ~~March 31,~~June 30, 2013 and 2012, the Company did not have any unconsolidated entities or financial partnerships, such as entities often referred to as structured finance or special purpose entities, which might have been established for the purpose of facilitating off-balance sheet arrangements.

LIQUIDITY and CAPITAL RESOURCES

March 31, 2013 September 30, 2012

Cash & cash equivalents $637,793 $1,023,017
Working capital $1,022,898 $1,549,136
Current ratio 3.38 to 1 5.10 to 1
Long-term debt $0 $0

Cash and cash equivalents decreased ~~$385,224~~$613,320 to ~~$637,793~~$409,697 at ~~March 31,~~June 30, 2013 when compared to cash and cash equivalents of $1,023,017 at September 30, 2012. The decrease was a result of ~~$310,759~~$538,831 in net cash used in operating activities primarily due to the net loss, $74,345 in net cash used for capital expenditures and ~~$120~~$144 used to purchase treasury stock.

The ~~increase~~decrease in ~~accounts payable~~accrued compensated absences of ~~$53,406~~$54,630 at ~~March 31,~~June 30, 2013 when compared to September 30, 2012 can be attributed to ~~approximately $28,000 worth~~accrued vacation used during the nine months ended June 30, 2013. Due to the lower sales volume, the Company has been participating in the New York State Shared Work program which allows employers to reduce the hours of ~~product catalogs received and mailed~~all or a particular group of employees. The employees whose hours are reduced can receive partial unemployment insurance benefits or elect to ~~customers towards the end of March and the increase in inventories.~~

use accrued vacation.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

In an effort to provide investors a balanced view of the Company's current condition and future growth opportunities, this Quarterly Report on Form 10-Q includes comments by the Company's management about future performance. These statements which are not historical information are "forward-looking statements" pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These, and other forward-looking statements, are subject to business and economic risks and uncertainties that could cause actual results to differ materially from those discussed. These risks and uncertainties include, but are not limited to: risks associated with demand for and market acceptance of existing and newly developed products as to which the Company has made significant investments; general economic and industry conditions; slower than anticipated penetration into the satellite communications, mobile radio and commercial and defense electronics markets; competitive products and pricing pressures; increased pricing pressure from our customers; risks relating to governmental regulatory actions in broadcast, communications and defense programs; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. You are encouraged to review Microwave Filter Company’s 2012 Annual Report and Form 10-K for the fiscal year ended September 30, 2012 and other Securities and Exchange Commission filings. Forward looking statements may be made directly in this document or “incorporated by reference” from other documents. You can find many of these statements by looking for words like “believes,” “expects,” “anticipates,” “estimates,” or similar expressions.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

There has been no significant change in our exposures to market risk during the ~~six~~nine months ended ~~March 31,~~June 30, 2013. For a detailed discussion of market risk, see our Annual Report on Form 10-K for the fiscal year ended September 30, 2012, Part II, Item 7A, Quantitative and Qualitative Disclosures About Market Risk.

ITEM 4. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

The Company’s management, with the participation of the Company’s Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) as of the end of the period covered by this report. Based on such evaluation, the Company’s Chief Executive Officer and Chief Financial Officer have concluded that, as of the end of such period, the Company’s disclosure controls and procedures were effective as of the end of the period covered by this report.

CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING

There have been no changes in the Company’s internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

                     PART II - OTHER INFORMATION

Item 1. Legal Proceedings

         The State of New York Workers’ Compensation Board has commenced an action

         against Microwave Filter Company, Inc. to recover for an underfunded self

         insured program that Microwave Filter Company, Inc. participated in.

         Due to the relatively short period of time Microwave Filter Company, Inc.

         participated in the program and the limited amount of potential exposure,

         we do not expect the resolution of this action will have a material adverse

         effect on our financial condition, results of operations or cash flows.

         The Company has accrued $12,000 for this action in other current liabilities.

Item 1A. Risk Factors

         Not applicable.

Item 2. Changes in Securities

         None during this reporting period.

Item 3. Defaults Upon Senior Securities

         The Company has no senior securities.

Item 4. Mine Safety Disclosures


          Not applicable.

Item 5. Other Information

         None.

Item 6. Exhibits

         a. Exhibits

            31.1 Section 13a-14(a)/15d-14(a) Certification of Carl F. Fahrenkrug

            31.2 Section 13a-14(a)/15d-14(a) Certification of Richard L. Jones

            32.1 Section 1350 Certification of Carl F. Fahrenkrug

            32.2 Section 1350 Certification of Richard L. Jones

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

                               MICROWAVE FILTER COMPANY, INC.

~~May 14,~~

August 13, 2013           Carl F. Fahrenkrug

(Date)                          --------------------------

                                Carl F. Fahrenkrug

                                    Chief Executive Officer

~~May 14,~~

August 13, 2013            Richard L. Jones

(Date)                               --------------------------

                                         Richard L. Jones

                                         Chief Financial Officer


New York		16-0928443
(State of Incorporation)		(I.R.S. Employer Identification Number)

6743 Kinne Street, East Syracuse, N.Y.		13057
(Address of Principal Executive Offices)		(Zip Code)

~~Item~~
Item	Page

Part I Financial Information

Item 1. Financial Statements	3

Condensed Consolidated Balance Sheets (unaudited)	3

Condensed Consolidated ~~Balance Sheets~~Statements of Operations (unaudited)	3 4

~~Condensed Consolidated Statements of Operations unaudited)~~	4

Condensed Consolidated Statements of Cash Flows (unaudited)	5

Notes to Condensed Consolidated Financial Statements (unaudited)	~~6-7~~ 6-8

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	~~8-14~~ 9-16

Item 3. Quantitative and Qualitative Disclosures About Market Risk	15 17

Item 4. Controls and Procedures	1618

Part II Other Information	17 19

Signatures	18 20

Assets
Current Assets:
Cash and cash equivalents	$	637,793		$	1,023,017
Accounts receivable-trade, net of
allowance for doubtful accounts
of $26,000 and $26,000		152,757			263,385
Inventories, net		576,889			529,075
Prepaid expenses and other current assets		85,207			111,342

Total current assets		1,452,646			1,926,819

Property, plant and equipment, net		663,618			672,525

Total assets	$	2,116,264		$	2,599,344


Liabilities and Stockholders' Equity

Current liabilities:
Accounts payable	$	145,731		$	92,325
Customer deposits		29,537			30,563
Accrued payroll and related expenses		61,579			51,289
Accrued compensated absences		157,221			172,198
Other current liabilities		35,680			31,308

Total current liabilities		429,748			377,683

Total liabilities		429,748			377,683

Stockholders' Equity:
Common stock, $.10 par value
Authorized 5,000,000 shares, Issued
4,324,140 shares in 2013 and 2012,
Outstanding 2,585,161 shares in 2013
and 2,586,227 in 2012		432,414			432,414
Additional paid-in capital		3,248,706			3,248,706
Retained earnings (deficit)	(	303,012	)		232,013

Common stock in treasury, at cost
1,738,979 shares in 2013 and 1,737,913
shares in 2012	(	1,691,592	)	(	1,691,472	)

Total stockholders' equity		1,686,516			2,221,661

Total liabilities and stockholders' equity	$	2,116,264		$	2,599,344


			Three months ended								Six months ended
			March 31,								March 31,
			2013				2012				2013				2012

Net sales	$		608,343		$		1,025,920		$		1,379,587		$		2,343,127

Cost of goods sold			477,076				688,306				1,045,120				1,502,301

Gross profit			131,267				337,614				334,467				840,826

Selling, general and
administrative expenses			442,477				470,737				872,892				892,707

(Loss) income from operations		(	311,210	)		(	133,123	)		(	538,425	)		(	51,881	)

Other income (net)			1,210				3,071				3,400				24,646

(Loss) income
before income taxes		(	310,000	)		(	130,052	)		(	535,025	)		(	27,235	)

(Benefit) provision
for income taxes			0				0				0				0

Net (loss) income	$	(	310,000	)	$	(	130,052	)	$	(	535,025	)	$	(	27,235	)

Per share data:
Basic and diluted (loss)
earnings per share	$	(	0.12	)	$	(	0.05	)	$	(	0.21	)	$	(	0.01	)

Shares used in computing net
(loss) earnings per share:			2,585,252				2,586,227				2,585,287				2,586,227


			Six months ended
			March 31
			2013				2012

Cash flows from operating activities:
Net loss	$	(	535,025	)	$	(	27,235	)

Adjustments to reconcile net (loss)
income to net cash provided by
used in) operating activities:
Depreciation			83,252				77,287
Gain on sale of fixed assets			0			(	20,000	)
Change in operating assets and liabilities:
Accounts receivable-trade			110,628				28,542
Federal and state income
tax recoverable			0				24,828
Inventories		(	47,814	)			107,348
Prepaid expenses and other assets			26,135				20,757
Accounts payable and customer
deposits			52,380			(	116,778	)
Accrued payroll and related expenses
and compensated absences		(	4,687	)		(	38,906	)
Other current liabilities			4,372			(	38,735	)

Net cash (used in) provided by
operating activities		(	310,759	)			17,108

Cash flows from investing activities:
Property, plant and equipment purchased		(	74,345	)		(	189,078	)
Proceeds from sale of fixed assets			0				20,000

Net cash used in investing activities		(	74,345	)		(	169,078	)

Cash flows from financing activities:
Purchase of treasury stock		(	120	)			0

Net cash used in financing activities		(	120	)			0

Decrease in cash and cash equivalents		(	385,224	)		(	151,970	)

Cash and cash equivalents
at beginning of period			1,023,017				1,258,885

Cash and cash equivalents
at end of period	$		637,793		$		1,106,915

Supplemental Schedule of Cash Flow Information:
Income taxes paid	$		0		$		15,000


Raw materials and stock parts	$	488,687	$	455,000
Work-in-process		15,288		13,554
Finished goods		72,914		60,521

	$	576,889	$	529,075


Product group	Fiscal 2013		Fiscal 2012
Microwave Filter (MFC):
RF/Microwave	$	191,279	$	369,112
Satellite		279,622		370,976
Cable TV		97,192		247,622
Broadcast TV		38,089		35,822
Niagara Scientific (NSI):		2,161		2,388

Total	$	608,343	$	1,025,920

Sales backlog at March 31	$	298,866	$	612,412


	March 31, 2013	September 30, 2012

Cash & cash equivalents	$637,793	$1,023,017
Working capital	$1,022,898	$1,549,136
Current ratio	3.38 to 1	5.10 to 1
Long-term debt	$0	$0