UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-Q/A

                                 AMENDMENT NO. 1

[X]      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2004

                                       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: 001-15933

                              BLUE VALLEY BAN CORP
             (Exact name of registrant as specified in its charter)

               KANSAS                                       48-1070996
  (State or other jurisdiction of                        (I.R.S. Employer
   incorporation or organization)                      Identification No.)

                11935 RILEY                                  66225-6128
           OVERLAND PARK, KANSAS                             (Zip Code)
  (Address of principal executive offices)

       Registrant's telephone number, including area code: (913) 338-1000

          Securities registered pursuant to Section 12(b) of the Act:

Title of each class                    Name of each exchange on which registered
-------------------                    -----------------------------------------

Guarantee with respect to the          American Stock Exchange
Trust Preferred Securities,
$8.00 par value, of BVBC
Capital Trust I

        Securities registered pursuant to Section 12(g) of the Act: None


     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 checkmark whether the registrant is an accelerated filer.
Yes [ ] No [X]

     As of March 31, 2004, the latest practicable date, the registrant had
2,296,911 shares of Common Stock ($1.00 par value) outstanding.




This Form 10-Q/A is Amendment No. 1 to the Quarterly Report on Form 10-Q filed
May 12, 2004 by Blue Valley Ban Corp. This amendment is filed for the sole
purpose of including the certifications required by Section 302 of the
Sarbanes-Oxley Act of 2002. These certifications are included as exhibits 31.1
and 31.2.






PART II:  OTHER INFORMATION


    ITEM 1.  LEGAL PROCEEDINGS

        Not applicable



    ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS

        Not applicable



    ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

        Not applicable



    ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

        Not applicable



    ITEM 5.  OTHER INFORMATION

        Not applicable



    ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

        EXHIBITS

               11.   Computation of Earnings Per Share.  Please see p. 9.

               15.   Letter regarding Unaudited Interim Financial Information

               31.1  Certification of the Chief Executive Officer pursuant to 18
                     U.S.C. Section 1350

               31.2  Certification of the Treasurer pursuant to 18 U.S.C.
                     Section 1350

               32.1  Certification of the Chief Executive Officer and Treasurer
                     pursuant to 18 U.S.C. Section 1350

        REPORTS ON FORM 8-K

           On January 14, 2004, Blue Valley filed a report on Form 8-K covering
           the press release for the Company's annual and fourth quarter 2004
           earnings.

           On April 14, 2004, Blue Valley filed a report on Form 8-K covering
           the press release for the Company's first quarter 2004 earnings.