SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                               __________________

                                  FORM 10-KSB/A
                                 AMENDMENT NO. 1
(Mark One)

[X]  Annual report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934

     For fiscal year ended  DECEMBER 31, 2003 OR
                            -----------------

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

           For the transition period from ___________ to ____________

     Commission file number  333-34908
                           -----------------------------------------------------

                NORTH GEORGIA COMMUNITY FINANCIAL PARTNERS, INC.
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                 (Name of Small Business Issuer in its Charter)

               GEORGIA                                         58-2585603
-----------------------------------------------         ------------------------
    (State or Other Jurisdiction of                            (I.R.S. Employer
     Incorporation or Organization)                         Identification No.)

350 WEST BELMONT DRIVE, CALHOUN, GEORGIA                          30701
-------------------------------------------       ------------------------------
 (Address of Principal Executive Offices)                             (Zip Code)

                                 (706) 629-6499
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              (Registrant's Telephone Number, Including Area Code)

Securities registered pursuant to Section 12(b) of the Act:     NONE.
                                                                ----

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

                                      NONE.
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                                (Title of Class)

Indicate  by  check  mark  whether  the  Registrant:  (1)  has filed all reports
required  to  be  filed  by  Section  13 or 15(d) of the Exchange Act 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
past  90  days.

Yes  X   No
    ---     ---

Check  if there is no disclosure of delinquent filers in response to Item 405 of
Regulation  S-B  contained in this form, and no disclosure will be contained, to
the  best  of  Registrant's  knowledge,  in  definitive  proxy  or  information
statements  incorporated  by  reference  in  Part III of this Form 10-KSB or any
amendment  to  this  Form  10-KSB. [X]

State  issuer's  revenues  for  its  most  recent  fiscal  year:  $5,599,612
                                                                  ----------

The  aggregate  market  value of the voting and non-voting common equity held by
non-affiliates  of the Registrant is:  $8,084,538 AS OF MARCH 10, 2004, BASED ON
                                       -----------------------------------------
A  PRICE  OF  $14.00  PER  SHARE. THERE IS NO ESTABLISHED TRADING MARKET FOR THE
--------------------------------------------------------------------------------
REGISTRANT'S  STOCK.
-------------------


<PAGE>
     Number  of  shares  outstanding  of  each of the issuer's classes of common
equity,  as  of  the latest practicable date:  912,167 SHARES OF COMMON STOCK AT
                                               ---------------------------------
MARCH  10,  2004.
  --------------


                      DOCUMENTS INCORPORATED BY REFERENCE

                                      NONE.
                                      ----





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<PAGE>
                NORTH GEORGIA COMMUNITY FINANCIAL PARTNERS, INC.
                             REPORT ON FORM 10-KSB/A
                                 AMENDMENT NO. 1

                                EXPLANATORY NOTE

     This Amendment on Form 10-KSB/A constitutes Amendment No. 1 to the
Registrant's Annual Report on Form 10-KSB for the period ended December 31,
2003, which was filed with the SEC on March 30, 2004. The sole purpose of this
Amendment No. 1 is to amend the financial statements that were included in the
Form 10-KSB as Exhibit 13.1 by including financial statements that were
inadvertently omitted, including the Consolidated Balance Sheets, the
Consolidated Statements of Income, the Consolidated Statements of Comprehensive
Income, the Consolidated Statements of Stockholders' Equity and the Consolidated
Statements of Cash Flows.


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<PAGE>
                                   SIGNATURES

     Pursuant  to  the  requirements  of  Section  13 or 15(d) 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 on May 18, 2004.

                                      NORTH GEORGIA COMMUNITY FINANCIAL
                                      PARTNERS, INC.


                              By:     /s/ David J. Lance
                                      ---------------------
                                      David J. Lance
                                      Chief Executive Officer


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<PAGE>
                                  EXHIBIT INDEX


     Exhibit
     Number     Exhibit
     ------     -------

     13.1       North Georgia Community Financial Partners, Inc. and Subsidiary
                Consolidated Financial Report, December 31, 2003

     31.1       Certification of Chief Executive Officer pursuant to Rule
                13a-14(a)

     31.2       Certification of Chief Financial Officer pursuant to Rule
                13a-14(a)

     32.1       Certifications by Chief Executive Officer and Chief Financial
                Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant
                to Section 906 of the Sarbanes-Oxley Act of 2002


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