|                                                                          |                           | Percentage                   |
|-------------------------------------------------------------------------------|--------------------------------|------------------------------|
|                                                                          | Jurisdiction                of | Voting                       |
|                                                                          | Incorporation                  | Stock                held by |
| Subsidiaries                of the Registrant                                 | or                Organization | Registrant                   |
|                                                                          |                           |                         |
| Citizens                Acquisition Subsidiary Corporation                    | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| Farmers                Bank & Capital Trust Co.                           | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| United                Bank & Trust Company                                | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| First                Citizens Bank                                            | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| Lawrenceburg                National Bank                                     | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| Farmers                Bank and Trust Company                                 | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| Citizens                National Bank of Jessamine County                     | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| FCB                Services, Inc.                                             | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| Kentucky                General Holdings, LLC                                 | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| FFKT                Insurance Services Company                                | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| Farmers                Capital Bank Trust I                                   | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| Farmers                Capital Bank Trust II                                  | Kentucky                       | 100%                         |
|                                                                          |                           |                         |
| Citizens                Bank of Northern Kentucky, Inc.                1      | Kentucky                       |                         |
|                                                                          |                           |                         |
| KHL                Holdings, LLC 2                                            | Kentucky                       |                         |
|                                                                          |                           |                         |
| Kentucky                Home Life Insurance Company 3                         | Kentucky                       |                         |
|                                                                          |                           |                         |
| Kentucky                General Life Insurance Company, Inc.                4 | Kentucky                       |                         |
|                                                                          |                           |                         |
| Leasing                One Corporation                5                       | Kentucky                       |                         |
|                                                                          |                           |                         |
| Farmers                Bank Realty Co. 5                                      | Kentucky                       |                         |
|                                                                          |                           |                         |
| EG                Properties, Inc.5                                           | Kentucky                       |                         |
|                                                                          |                           |                         |
| Farmers                Capital Insurance Corporation                5         | Kentucky                       |                         |
|                                                                          |                           |                         |
| Farmers                Fidelity Insurance Agency, LLP 6                       | Kentucky                       |                         |
|                                                                          |                           |                         |
| Austin                Park Apartments, LTD 7                                  | Kentucky                       |                         |
|                                                                          |                           |                         |
| Frankfort                Apartments II, LTD 8                                 | Kentucky                       |                         |
|                                                                          |                           |                         |
| EH                Properties, Inc.9                                           | Kentucky                       |                         |
|                                                                          |                           |                         |
| Pro                Mortgage Partners, LLC 10                                  | Kentucky                       |                         |
|                                                                          |                           |                         |
| EV                Properties, Inc.                11                          | Kentucky                       |                         |

----

| 1 | A                wholly-owned subsidiary of Citizens                Acquisition. |
|---|----------------------------------------------------------------------------------|

| 2 | Kentucky                General holds a 45% equity and 50% voting interest in KHL Holdings,                LLC. |
|---|-----------------------------------------------------------------------------------------------------------------|

| 3 | A                wholly-owned subsidiary of KHL Holdings,                LLC. |
|---|-------------------------------------------------------------------------------|

| 4 | No                stock issued; inactive company. |
|---|---------------------------------------------------|

| 5 | A                wholly-owned subsidiary of Farmers                Bank. |
|---|--------------------------------------------------------------------------|

| 6 | A                fifty (50%) percent owned LLP of Farmers                Insurance. |
|---|-------------------------------------------------------------------------------------|

| 7 | Farmers                Bank has a 99% limited interest in this                partnership. |
|---|--------------------------------------------------------------------------------------------|

| 8 | Farmers                Bank has a 99.9% limited interest in this                partnership. |
|---|----------------------------------------------------------------------------------------------|

| 9 | A                wholly-owned subsidiary of First Citizens                Bank. |
|---|---------------------------------------------------------------------------------|

| 10 | A                wholly-owned subsidiary of Farmers                Georgetown. |
|----|--------------------------------------------------------------------------------|

| 11 | A                wholly-owned subsidiary of United                Bank. |
|----|-------------------------------------------------------------------------|

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