U.S. SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549
                           ---------------------------

                                   FORM 10-QSB

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

     For the quarterly period ended March 31, 2001

[ ]  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 0-22587

                                SFB BANCORP, INC.
    ------------------------------------------------------------------------
             (Exact name of Registrant as specified in its Charter)


              Tennessee                                       62-1683732
----------------------------------------------        --------------------------
(State or other jurisdiction of incorporation               (I.R.S. Employer
           or organization)                               Identification Number)

632 East Elk Avenue, Elizabethton, Tennessee                    37643
----------------------------------------------        --------------------------
(Address of principal executive offices)                     (Zip Code)

Registrant's telephone number, including area code:  (423) 543-1000
                                                     --------------

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.

                        X      Yes                    No
                    ----------               --------

As of May 11, 2001, there were 582,995 shares of the Registrant's  common stock,
par value $0.10 per share,  outstanding.  The Registrant has no other classes of
common equity outstanding.

Transitional small business disclosure format:

                               Yes              X     No
                    ----------               --------

                                       1
<PAGE>
                                SFB BANCORP, INC.
                                 AND SUBSIDIARY

                             Elizabethton, Tennessee

                                      Index
<TABLE>
<CAPTION>
PART I.                                                                                              Page(s)
-------                                                                                              -------

FINANCIAL INFORMATION
<S>                                                                                               <C>
Item 1.
Financial Statements

Consolidated Balance Sheets-(Unaudited) as of December 31, 2000 and March 31, 2001.......................3

Consolidated  Statements of  Comprehensive  Income -  (Unaudited)  for the three month period
  ended March 31, 2000 and 2001..........................................................................4

Consolidated Statements of Stockholders' Equity - (Unaudited)............................................5

Consolidated Statements of Cash Flows - (Unaudited) for the three months
  ended March 31, 2000 and 2001..........................................................................6

Notes to (Unaudited) Consolidated Financial Statements.................................................7-8

Item 2.
Management's Discussion and Analysis of Financial Condition
  and Results of Operations...........................................................................9-11

PART II.
--------

OTHER INFORMATION

Item 1.  Legal Proceedings..............................................................................12

Item 2.  Changes in Securities..........................................................................12

Item 3.  Defaults Upon Senior Securities................................................................12

Item 4.  Submission of Matters to a Vote of Security Holders............................................12

Item 5.  Other Information..............................................................................12

Item 6.  Exhibits and Reports on Form 8-K...............................................................12

Signatures............................................................................................. 13
</TABLE>

                                       2
<PAGE>
                        SFB BANCORP, INC. AND SUBSIDIARY

                           Consolidated Balance Sheets
                                   (Unaudited)
                        (in thousands, except share data)
<TABLE>
<CAPTION>
                                                                   December 31,  March 31,
                                                                   -----------------------
           Assets                                                       2000        2001
           ------                                                    ---------   ---------
<S>                                                                <C>         <C>
Cash on hand                                                         $    581    $    761
Interest earning deposits                                               1,540       2,948
Investment securities:
   Held to maturity (market value of $841
     in 2000 and $804 in 2001)                                            870         841
    Available for sale                                                  1,621         701
Loans receivable, net                                                  46,814      47,044
Mortgage-backed securities:
     Available for sale                                                 1,659       1,628
Premises and equipment, net                                               957         942
Federal Home Loan Bank stock, at cost                                     524         533
Accrued interest receivable                                               355         282
Other assets                                                               47          81
                                                                     --------    --------
         Total assets                                                $ 54,968    $ 55,761
                                                                     ========    ========
   Liabilities and Stockholders' Equity
   ------------------------------------
Deposits                                                             $ 42,252    $ 43,735
Federal Home Loan Bank advances                                         1,000           -
Advance payments by borrowers for taxes and insurance                     222         358
Accrued expenses and other liabilities                                    128         140
Income taxes:
  Current                                                                  18          79
  Deferred                                                                129         137
                                                                     --------    --------
         Total liabilities                                             43,749      44,449
                                                                     --------    --------
Stockholders' equity:
   Preferred stock ($.10 par value, 1,000,000 shares authorized;
   none outstanding)                                                        -           -
   Common stock ($.10 par value, 4,000,000 shares authorized;
     767,000 shares issued; 588,595 and 582,995 outstanding at
       December 31, 2001 and March 31, 2001, respectively)                 77          77
   Paid-in capital                                                      7,392       7,396
   Retained earnings, substantially restricted                          6,539       6,646
   Treasury stock at cost (178,405 shares at December 31, 2000 and
    184,005 at March 31, 2001)                                         (2,245)     (2,315)
   Accumulated other comprehensive income                                 (57)        (46)
   Unearned compensation:
     Employee stock ownership plan                                       (348)       (330)
     Restricted stock plan                                               (139)       (116)
                                                                     --------    --------
         Total stockholders' equity                                    11,219      11,312
                                                                     --------    --------
         Total liabilities and stockholders' equity                  $ 54,968    $ 55,761
                                                                     ========    ========
</TABLE>

The accompanying notes are an integral part of these consolidated financial
statements.

                                       3
<PAGE>

                        SFB BANCORP, INC. AND SUBSIDIARY

                        Consolidated Statements of Income
                                   (Unaudited)
                      (in thousands, except per share data)


                                            For Three Months Ended
                                                   March 31,
                                               ----------------
                                                2000      2001
                                               ------    ------
Interest income:

   Loans                                       $  881    $  954
   Mortgage-backed securities                      31        26
   Investments                                     49        35
   Interest earning deposits                        4        26
                                               ------    ------
         Total interest income                    965     1,041
                                               ------    ------
Interest expense:
   Deposits                                       456       572
   Federal Home Loan Bank Advances                  7         2
                                               ------    ------
         Total interest expense                   463       574
                                               ------    ------
         Net interest income                      502       467

Provision for loan losses                           9         9
                                               ------    ------
         Net interest income after provision
           for loan losses                        493       458
                                               ------    ------
Non-interest income:
   Loan fees and service charges                   51        46
   Other                                            3         4
                                               ------    ------
         Total non-interest income                 54        50
                                               ------    ------
Non-interest expenses:
   Compensation                                   179       168
   Employee benefits                               35        32
   Net occupancy expense                           32        31
   Deposit insurance premiums                       2         2
   Data processing                                 32        34
   Other                                           68        69
                                               ------    ------
         Total non-interest expenses              348       336
                                               ------    ------
         Income  before income taxes              199       172

Income tax expense                                 73        65
                                               ------    ------
         Net income                            $  126    $  107

Other comprehensive (loss) income                 (20)       11
                                               ------    ------
         Comprehensive income                  $  106    $  118
                                               ======    ======
Earnings per share

Basic                                          $  .21    $  .19

Diluted                                        $  .21    $  .19



The accompanying notes are an integral part of these consolidated financial
statements.

                                       4
<PAGE>
                                SFB BANCORP, INC.
                                 AND SUBSIDIARY

                 Consolidated Statements of Stockholders' Equity
                        (in thousands, except share data)

<TABLE>
<CAPTION>
                                                                             Accumulated
                                                                                Other      Unearned Compensation
                                  Common    Paid-In    Retained    Treasury  Comprehensive --------------------
                                  Stock     Capital     Income      Stock       Income     for ESOP    for RSP      Total
                                 --------   --------   --------    --------    --------    --------    --------    --------
<S>                            <C>        <C>        <C>         <C>         <C>         <C>         <C>         <C>
Balance at December 31, 1999           77      7,382      6,165      (1,208)        (45)       (419)       (236)     11,716

Net income                              -          -        485           -           -           -           -         485

Other comprehensive income              -          -          -           -         (12)          -           -         (12)

Cash dividends declared
  ($.20 share)                          -          -       (111)          -           -           -           -        (111)

Treasury stock purchased
  (90,822 shares)                       -          -          -      (1,037)          -           -           -      (1,037)

Compensation earned                     -         10          -           -           -          71          97         178
                                 --------   --------   --------    --------    --------    --------    --------    --------

Balance at December 31, 1999           77      7,392      6,539      (2,245)        (57)       (348)       (139)     11,219

Net income                              -          -        107           -           -           -           -         107

Other comprehensive income              -          -          -           -          11           -           -          11

Treasury stock purchased
  (5,600 shares)                        -          -          -         (70)          -           -           -         (70)

Compensation earned                     -          4          -           -           -          18          23          45
                                 --------   --------   --------    --------    --------    --------    --------    --------
Balance at March  31, 2001       $     77   $  7,396   $  6,646    $ (2,315)   $    (46)   $   (330)   $   (116)   $ 11,312
                                 ========   ========   ========    ========    ========    ========    ========    ========
</TABLE>

The  accompanying  notes are an integral  part of these  consolidated  financial
statements.

                                       5
<PAGE>
                        SFB BANCORP, INC. AND SUBSIDIARY

                      Consolidated Statements of Cash Flows
                                   (Unaudited)
                                 (in thousands)

<TABLE>
<CAPTION>
                                                                     Three Months Ended
                                                                          March 31,
                                                                     ------------------
                                                                      2000       2001
                                                                     -------    -------
<S>                                                                <C>        <C>
Operating activities:
   Net income                                                        $   126    $   107
   Adjustments to reconcile net income to net cash  provided
     by operating activities:
     Depreciation                                                         24         23
     Provision for loan losses                                             9          9
     Net increase (decrease) in deferred loan fees                         2         (4)
     Deferred income taxes                                                 -          -
     Accretion of discounts on investment securities, net                 (5)        (8)
     Amortization of premiums on mortgage-backed securities                -          1
     Amortization of unearned compensation                                44         45
     FHLB stock dividends                                                 (8)        (9)
     (Increase) decrease in other assets                                  42        (34)
     (Increase) in accrued interest receivable                            (6)        73
     Increase (decrease) in accrued expenses and other liabilities         5         12
     Increase in current income taxes                                      -         61
                                                                     -------    -------
         Net cash provided by operating activities                       233        276
                                                                     -------    -------
Investing activities:
   Maturities of investment securities held to maturity                   34         35
   Purchase of investment securities available for sale                    -       (700)
   Maturities of investment securities available for sale                  -      1,625
   Principal payments on mortgage-backed securities
     available for sale                                                  181         46
   Net increase in loans                                                (747)      (235)
   Purchase of premises and equipment                                    (24)        (8)
                                                                     -------    -------
         Net cash provided (used) by investing activities               (556)       763
                                                                     -------    -------
Financing activities:
   Net increase (decrease) in deposits                               $   (63)   $ 1,483
   Increase in advance payments by borrowers for
     taxes and insurance                                                 155        136
    Proceeds from FHLB Advances                                          800          -
    Repayment of FHLB Advances                                          (800)    (1,000)
   Treasury stock purchased                                             (459)       (70)
                                                                     -------    -------
         Net cash provided (used) by financing activities               (367)       549
                                                                     -------    -------

         Increase (decrease) in cash and cash equivalents               (690)     1,588

Cash and cash equivalents at beginning of period                       2,162      2,121
                                                                     -------    -------
Cash and cash equivalents at end of period                           $ 1,472    $ 3,709
                                                                     =======    =======
Supplemental  disclosures of cash flow information:
  Cash paid during the period for:
     Interest                                                        $   465    $   563
     Income taxes                                                          9         15
                                                                     =======    =======
Noncash transactions:
   Unrealized gains (losses) on securities and mortgage-backed
     securities available for sale, net of deferred taxes            $   (20)   $    11
</TABLE>

The accompanying notes are an integral part of these consolidated financial
statements.

                                       6
<PAGE>
                                SFB BANCORP, INC.
                                 AND SUBSIDIARY

                   Notes to Consolidated Financial Statements
                                   (Unaudited)
                         (Tabular amounts in thousands)


1.   Basis of Preparation
     --------------------

     The accompanying  unaudited consolidated financial statements were prepared
     in  accordance  with  instructions  for Form 10-QSB and  therefore,  do not
     include  all  disclosures  necessary  for a  complete  presentation  of the
     consolidated   balance   sheets,   consolidated   statements   of   income,
     consolidated   statements  of   stockholders'   equity,   and  consolidated
     statements of cash flows in conformity with generally  accepted  accounting
     principles.   However,  all  adjustments  which  are,  in  the  opinion  of
     management,  necessary for the fair  presentation of the interim  financial
     statements  have  been  included.  All  such  adjustments  are of a  normal
     recurring nature.  The statement of income for the three month period ended
     March 31, 2001 is not  necessarily  indicative  of the results which may be
     expected for the entire year or any other future interim period.

     It is suggested  that these  consolidated  financial  statements be read in
     conjunction with the audited  consolidated  financial  statements and notes
     thereto  for the  Company  for the year ended  December  31, 2000 which are
     included in the Form 10-KSB by reference (file no. 0-22587).

2.   Earnings Per Share
     ------------------

     Basic  earnings  per common  share  ("EPS")  for all periods  presented  is
     computed by dividing  net income by the weighted  average  number of common
     share  outstanding.  Diluted  earnings  per  common  share is  computed  by
     dividing  net  income  available  to common  stockholders  by the  weighted
     average number of common shares  outstanding and dilutive  potential common
     shares,  which include stock options.  Dilutive potential common shares are
     calculated  using the treasury  stock  method.  Options to purchase  73,630
     shares of the Company's common stock were outstanding during the March 2001
     quarter,  but were not included in the  computation  of diluted EPS because
     their effect would be anti-dilutive.

                                              March 31, 2000     March 31, 2001
                                             ----------------   ----------------
                                             Income    Shares   Income    Shares
                                             ------    ------   ------    ------
Net Income                                    $126               $107
BASIC  EPS
  Income available to common stockholders     $126       611     $107       552
  Per share amount                            $.21               $.19
Effect of Dilutive Securities                 $.00               $.00
DILUTIVE EPS
  Income available to common stockholders     $126       611     $107       552
  Per share amount                            $.21               $.19


                                       7
<PAGE>

3.   Asset Quality
     -------------

     The   following   table  sets  forth   information   regarding  the  Bank's
     nonperforming  loans (i.e.,  loans which are contractually past due 90 days
     or more) at December 31, 2000 and March 31, 2001,  respectively.  As of the
     dates  indicated,  the Bank  had no  loans  categorized  as  troubled  debt
     restructuring within the meaning of SFAS 15.

                                               December 31,         March 31,
                                                   2000                2001
                                                   ----                ----

         Nonaccrual loans                         $ 192              $ 333
         Repossessed real estate                      -                  -
                                                  -----              -----
         Total nonperforming assets               $ 192              $ 333
                                                  =====              =====

         Nonperforming loans to net loans           .41%               .71%
         Nonperforming assets to total assets       .35%               .60%


                                       8
<PAGE>

Item 2.
         MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
                              RESULTS OF OPERATIONS

General

The  Private  Securities  Litigation  Reform Act of 1995  contains  safe  harbor
provisions regarding forward-looking  statements.  When used in this discussion,
the words  "believes",  "anticipates",  "contemplates",  "expects",  and similar
expressions are intended to identify forward-looking statements. Such statements
are subject to certain risks and uncertainties  which could cause actual results
to differ materially from those projected. Those risks and uncertainties include
changes in  interest  rates,  the  ability to control  costs and  expenses,  and
general economic  conditions.  The Company  undertakes no obligation to publicly
release the results of any revisions to those forward looking  statements  which
may be made to  reflect  events or  circumstances  after  the date  hereof or to
reflect the occurrence of unanticipated events.

The following discussion and analysis is intended to assist in understanding the
financial condition and the results of operations of the Company.  References to
the Company  refer  collectively  to the Company and Security  Federal Bank (the
"Bank"), unless the context indicates otherwise.

Comparison  of Results of  Operations  for the Three Months Ended March 31, 2000
and 2001

Net Income. Net income decreased  $19,000,  or 15.1%, for the three months ended
March 31,  2001,  to  $107,000,  compared to $126,000 for the three months ended
March 31, 2000.  The decrease was  primarily the result of a decrease in the net
interest margin of $35,000,  offset by a $12,000 decrease in other  non-interest
expenses  and a decrease of $8,000 in income tax expense for three month  period
in 2001, as compared 2000.  Diluted income per share  decreased  $.02, from $.21
for the three month ended March 31,  2000,  to $.19 for the three  months  ended
March 31, 2001.

Net Interest Income.  Net interest income decreased  approximately  $35,000,  or
7.0%,  from  $502,000 for the three months ended March 31, 2000, to $467,000 for
the three  months ended March 31,  2001.  The  decrease in net  interest  income
primarily   reflects  a  increase  of  approximately  $3.0  million  in  average
interest-bearing liabilities,  offset by an approximate $2.8 million increase in
average  interest-earning  assets. The interest rate spread decreased from 2.83%
for three months  ending March 31,  2000,  to 2.54% for the three months  ending
March 31, 2000, while the net interest margin decreased 29 basis points to 3.52%
for the three months ended March 31, 2001.

Interest Income. Total interest income increased $76,000, or 7.9%, from $965,000
for the three months ended March 31, 2000, to approximately $1.0 million for the
three months ended March 31,  2001.  The increase in 2001,  as compared to 2000,
was  attributable  to the $2.8  million  increase  in  interest-earning  assets,
combined  with an 18 basis  point  increase  in the  average  yield  on  average
interest-earning  assets.  Interest  on loans  increased  $73,000,  interest  on
interest-earning  deposits

                                       9
<PAGE>

increased  $22,000,  interest on investments  decreased  $14,000 and interest on
mortgage-backed securities decreased $5,000.

The   increase  in  interest  on  loans   primarily   reflects  an  increase  of
approximately $2.7 million in the average loans outstanding balance for 2001, as
compared to 2000.  The average yield on loans  increased 17 basis  points,  from
7.96% in 2000,  to 8.13% in 2001.  The increase in interest on  interest-earning
deposits   primarily   reflects  a  $1.7   million   increase   in  the  average
interest-earning deposits balance for 2001, as compared to 2000. The increase in
the average  interest-earning deposit balance for 2001, as compared to 2000, was
the result  $970,000 of net  investment  maturities.  The decrease in investment
interest  reflects the maturity of investment  securities which were transferred
to interest-earning  deposits.  Interest on mortgage-backed securities decreased
$5,000 as the portfolio continues to mature and principal payments are received.
The monies  generated by investment  maturities and the principal  payments from
mortgage-backed  securities were used to fund loan demand,  deposit  withdrawals
and stock repurchases.

Interest  Expense.  Interest expense increased  $111,000,  from $463,000 for the
three months ended March 31, 2000,  to $574,000 for the three months ended March
31, 2001.  The increase for the three months ended March 31, 2001 was  primarily
the result of a increase of approximately $3.0 million in the average balance of
interest-bearing liabilities, combined with a 71 basis point increase in average
cost of funds.  The  increase was  primarily  due to the  continued  increase in
short-term  interest rates during 2000,  which forced the Company to reprice its
certificate  of  deposits  at  much  higher  rates.   Until  the  higher  priced
certificate of deposits  return to a normal rate pattern,  the Company's cost of
funds could remain high as compared to prior periods.

Provision for Loan Losses.  The provision for loan losses for three month period
ended  March 31, 2000 and 2001 was $9,000,  respectively.  Management  regularly
performs an analysis to quantify the inherent risk of loss in its portfolio.  At
March 31, 2001 the ratio of the  allowance  for loan loss was at a level  deemed
adequate by management to provide for losses in the loan portfolio. The ratio of
allowance  for loan loss to  non-performing  loans at March 31, 2001 was 106.74%
and nonperforming loans represented .60% of total consolidated assets.

Non-Interest Income. Non-interest income continues to be an additional source of
income for the  Company.  The income is produced by fees on new loan  production
and service  fees on other  products and  services.  Total  non-interest  income
amounted to $54,000 and $50,000 for 2000 and 2001, respectively.

Non-Interest Expense. Non-interest expense decreased $12,000, from approximately
$348,000  for the three month  period  ended March 31,  2000,  to  approximately
$336,000 for the three month period in 2001.  The  decrease  was  primarily  the
result of  decreased  compensation  expense of $11,000,  which  resulted  from a
reduction in staff.

Income  Taxes.  Income tax expense for the three  months  ended March 31,  2001,
decreased $8,000, to $65,000,  compared to the same period in 2000. The decrease
was primarily the result of lower pre-tax income. The effective tax rate for the
three  months  ended March 31,  2000 and 2001,  was  approximately  37% and 38%,
respectively.

                                       10
<PAGE>

Liquidity and Capital Resources.  The Company's primary sources of funds are new
deposits, proceeds from principal and interest payments on loans, and repayments
on mortgage-backed  securities.  While maturities and scheduled  amortization of
loans are a predictable source of funds,  deposit flows and mortgage prepayments
are greatly  influenced  by general  interest  rates,  economic  conditions  and
competition. The Company's primary investing activity is loan originations.  The
Company maintains liquidity levels adequate to fund loan commitments, investment
opportunities, deposit withdrawals and other financial commitments. At March 31,
2001 there were no material commitments for capital expenditures. Obligations to
fund  outstanding  loan  commitments at March 31, 2001 were  approximately  $1.3
million.

At  March  31,  2001  management  had no  knowledge  of any  trends,  events  or
uncertainties  that will have or are reasonably  likely to have material effects
on the  liquidity,  capital  resources or operations of the Company.  Further at
March 31, 2001,  management was not aware of any current  recommendations by the
regulatory authorities which, if implemented, would have such an effect.

The Bank exceeded all of its capital  requirements  at March 31, 2001.  The Bank
had the following capital ratios at March 31, 2001:

<TABLE>
<CAPTION>
                                                                     For Capital               Categorized as
                                            Actual                Adequacy Purposes         "Well Capitalized"(1)
                                    ------------------------    -----------------------    ------------------------
                                      Amount       Ratio          Amount      Ratio          Amount       Ratio
                                    ------------ -----------    ----------- -----------    ------------ -----------
<S>                               <C>              <C>        <C>              <C>       <C>              <C>
   As of March 31, 2001:

   Total Capital
      (To risk weighted assets)     $   10,472       30.2%      $    2,772       8.0%      $    3,465       10.0%

   Tier I Capital
      (To risk weighted assets)     $   10,116       29.2%      $    1,386       4.0%      $    2,079        6.0%

   Tier I Capital
      (To total assets)             $   10,116       18.4%      $    1,647       3.0%      $    2,745        5.0%

   Tangible Capital
      (To total assets)             $   10,116       18.4%      $      823       1.5%      $    2,745        5.0%

</TABLE>

(1)  As categorized under the Prompt Corrective Action Provisions.

                                       11

<PAGE>

Part II.                        OTHER INFORMATION

Item 1.  Legal Proceedings
         -----------------

            From time to time, the Company and its  subsidiaries  may be a party
            to various legal proceedings  incident to its or their business.  At
            March 31, 2001, there were no legal proceedings to which the Company
            or any subsidiary was a party,  or to which of any of their property
            was  subject,  which  were  expected  by  management  to result in a
            material loss.

Item 2.  Changes in Securities
         ---------------------

            None

Item 3.  Defaults Upon Senior Securities
         -------------------------------

            None

Item 4.  Submission of Matters to a Vote of Security Holders
         ---------------------------------------------------

            None

Item 5.  Other Information
         -----------------

            None

Item 6.  Exhibits and Reports on Form 8-K
         --------------------------------

(a)    3(i)  Charter of SFB Bancorp, Inc.*
       3(ii) Bylaws of SFB Bancorp, Inc. *
       4     Specimen Stock Certificate *
       10    Employment Agreement with Peter W. Hampton  *
       10.1  SFB Bancorp, Inc. 1998 Stock Option Plan * *
       10.2  Security Federal Bank Restricted Stock Plan * *

     *    Incorporated by reference to the Registration  Statement on Form SB-2,
          File No. 333-23505.

     **   Incorporated  by  reference  to the proxy  statement  for  the  annual
          meeting of  stockholders  on June 1,  1998,  and filed with the SEC on
          April 17, 1998 (File No. 0-22587).

(b)  Reports on Form 8-K

         None.

                                       12
<PAGE>

                                   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.

                                          SFB Bancorp, Inc.




Date:      May 11, 2001                    By /s/Peter W. Hampton
                                              ----------------------------------
                                                Peter W. Hampton
                                                (President and Chief Executive
                                                Officer)





Date:      May 11, 2001                    By  /s/Bobby Hyatt
                                              ----------------------------------
                                                Bobby Hyatt
                                                (Vice President and Finance
                                                Officer)


                                       13