U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB


(Mark One)
[X]   Quarterly  report under Section 13 or 15(d) of the  Securities  Exchange
      Act of 1934

For the quarterly period ended:      March 31, 1998
                                     --------------

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

For the transition period from                  to
                               --------------      -----------------

Commission file number: 0-25846


                               CCF HOLDING COMPANY
                   -----------------------------------------
        (Exact Name of Small Business Issuer as Specified in Its Charter)

             Georgia                                      58-2173616
--------------------------------                          ----------
  (State or Other Jurisdiction                              (I.R.S. Employer
     of Incorporation or                                     Identification No.)
       Organization)

                              101 North Main Street
                            Jonesboro, Georgia 30236
                      ------------------------------------
                    (Address of Principal Executive Offices)

                                 (770) 478-8881
                  ------------------------------------------
                (Issuer's Telephone Number, Including Area Code)

      Check  whether the issuer:  (1) filed all reports  required to be filed by
Section 13 or 15(d) of the Securities Exchange Act during the past 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
     ---        ---

Number of shares  outstanding of each of the issuer's  classes of common equity:
At May 5, 1998 897,056 shares of the registrant's common stock were outstanding.

      Transitional Small Business Disclosure Format (check one):

Yes      No     X
    ---       -----




<PAGE>


FORM 10-QSB
                                      INDEX



PART I.   FINANCIAL INFORMATION                                    Page



      Item 1.  Financial Statements:

               Consolidated Balance Sheets as of
               March 31, 1998 and December 31, 1997.................1

               Consolidated Statements of Income
               for the three months ended
               March 31, 1998 and March 31, 1997 ...................3

               Consolidated Statements of Cash Flows
               for the three months ended
               March 31, 1998 and March 31, 1997 ...................4

               Notes to Consolidated Financial Statements ..........6

      Item 2.  Management's Discussion and Analysis or Plan 
               of Operation.........................................7


PART II.  OTHER INFORMATION


      Item 1.  Legal Proceedings....................................9

      Item 2.  Changes in Securities................................9

      Item 3.  Defaults upon Senior Securities......................9

      Item 4.  Submission of Matters to a Vote of 
               Security Holders ....................................9

      Item 5.  Other Information....................................9

      Item 6.  Exhibits and Reports on Form 8-K.....................9

Signatures ........................................................10


<PAGE>


PART I.  FINANCIAL INFORMATION
------------------------------

ITEM 1.  FINANCIAL STATEMENTS

                       CCF HOLDING COMPANY AND SUBSIDIARY
                           Consolidated Balance Sheets
<TABLE>
<CAPTION>
                                                               March 31,       December 31,
                                                                 1998              1997
                                                                -------           -------
                                                              (Unaudited)        (Audited)
      ASSETS
      ------

<S>                                                         <C>                  <C>      
Cash and due from banks .................................   $   2,804,990        4,357,626
Federal funds sold ......................................       9,470,000             --
Interest-bearing deposits in other financial institutions         600,478        4,383,690
Investment securities available for sale ................      13,796,775        9,722,048
Mortgage-backed securities available for sale ...........         574,521        1,837,509
Federal Home Loan Bank stock, at cost ...................       1,013,200        1,013,200

Loans receivable ........................................     109,459,204       98,210,736
   Less unearned income .................................        (664,956)        (636,194)
   Less allowance for loan losses .......................        (728,961)        (669,505)
                                                            -------------    -------------
         Loans, net .....................................     108,065,287       97,541,231
                                                            -------------    -------------

Accrued interest and dividends receivable ...............         856,612          784,852
Premises and equipment, net .............................       5,565,248        5,112,338
Other assets ............................................         314,830          203,550
                                                            -------------    -------------

            Total assets ................................   $ 143,061,941      124,956,044
                                                            -------------    -------------

      LIABILITIES AND STOCKHOLDERS' EQUITY
      ------------------------------------

Liabilities:
   Deposits:
      Non-interest bearing ..............................   $   5,577,851        4,548,285
      Interest bearing ..................................     122,531,438       86,653,055
                                                            -------------    -------------
         Total Deposits .................................     128,109,289       91,201,340
   Advance payments by borrowers for
     property taxes and insurance .......................         240,820          142,111
   Securities sold under agreements to repurchase .......       1,960,203        2,392,579
   Federal Home Loan Bank advances ......................            --         18,510,000
   Dividends payable ....................................         160,584             --
   Other liabilities ....................................       1,015,489        1,190,409

            Total liabilities ...........................     131,486,385      113,436,439
                                                            -------------    -------------

</TABLE>

                                       1
<PAGE>
 

                       CCF HOLDING COMPANY AND SUBSIDIARY
                           Consolidated Balance Sheets
<TABLE>
<CAPTION>

                                                                                        March 31,     December 31,
                                                                                          1998            1997
                                                                                      (Unaudited)       (Audited)
<S>                                                                                <C>                <C> 
Stockholders' Equity:
   Preferred stock, no par value; 1,000,000 shares
     authorized; none issued and outstanding ...................................            --               --
   Common stock,  $.10 par value;  4,000,000 shares  authorized;  906,710 shares
     issued  in 1998  and 1997;  outstanding 897,056 in 1998 and 899,024 in 
     1997.......................................................................          90,671           90,671
   Additional paid-in-capital ..................................................       7,820,379        7,794,459
   Retained earnings ...........................................................       4,365,341        4,443,500
   Unearned ESOP shares ........................................................        (522,000)        (540,000)
   Unearned compensation .......................................................        (335,896)        (394,195)
   Treasury stock, at cost .....................................................        (142,540)         (96,800)
   Accumulated other comprehensive income ......................................         299,601          221,970
                                                                                   -------------      -----------

            Total stockholders' equity .........................................      11,575,556       11,519,605
                                                                                   -------------      -----------

            Total liabilities and stockholders' equity .........................   $ 143,061,941      124,956,044
                                                                                   -------------      -----------
</TABLE>

See accompanying notes to consolidated financial statements


                                        2

<PAGE>


                       CCF HOLDING COMPANY AND SUBSIDIARY
                        Consolidated Statements of Income
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                          Three Months Ended
                                                               March 31,
                                                             -------------
                                                           1998         1997
                                                           ----         ----
<S>                                                     <C>           <C>      
Interest and dividend income:
      Loans, including fees .........................   $2,376,630    1,489,995
      Federal funds sold ............................          600         --
      Interest-bearing deposits in
        other financial institutions ................       64,455       31,490
      Investment securities .........................      175,310       70,136
      Mortgage-backed securities ....................       19,012       75,237
      Dividends on Federal Home Loan Bank stock .....       18,515       18,113
                                                        ----------   ----------
            Total interest and dividend income ......    2,654,522    1,684,971

Interest expense
      Deposit accounts ..............................    1,289,805      732,268
      Federal Home Loan Bank advances ...............      160,404       42,875
                                                        ----------   ----------
            Total interest expense ..................    1,450,209      775,143
                                                        ----------   ----------

            Net interest income .....................    1,204,313      909,828

Provision for loan losses ...........................       60,000       19,000
                                                        ----------   ----------
            Net interest income after provision
              for loan losses .......................    1,144,313      890,828
                                                        ----------   ----------

Other income:
      Service charges on deposit accounts ...........       98,565       50,560
      Gain on sale of loans .........................         --         24,647
      Gain on sale of investments and mortgage-backed
        securities ..................................      105,389      176,714
      Other operating income ........................       38,861       84,139
                                                        ----------   ----------
            Total other income ......................      242,815      336,060
                                                        ----------   ----------

Other expenses:
      Salaries and employee benefits ................      736,377      685,509
      Occupancy .....................................      265,430      198,583
      Federal insurance premiums ....................       22,129        9,921
      Other .........................................      276,248      283,391
                                                        ----------   ----------
            Total other expenses ....................    1,300,184    1,177,404
                                                        ----------   ----------

Income before income taxes ..........................       86,944       49,484

Income tax expense ..................................       30,429       18,860
                                                        ----------   ----------

            Net income ..............................   $   56,515       30,624
                                                        ----------   ----------

Basic Net income per share ..........................   $      .07          .03
                                                        ----------   ----------

Diluted Net income per share ........................   $      .06          .03
                                                        ----------   ----------

Weighted average shares outstanding - basic .........      840,944      896,180
                                                        ----------   ----------

Weighted average shares outstanding - diluted .......      922,906      966,120
                                                        ----------   ----------

Dividends declared per common share .................          .16         --
                                                        ==========   ==========
</TABLE>


See accompanying notes to consolidated financial statements.
                                        3

<PAGE>

                       CCF HOLDING COMPANY AND SUBSIDIARY
                      Consolidated Statements of Cash Flows
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                          Three Months Ended
                                                                                               March 31,
                                                                                   -----------------------------
                                                                                       1998               1997
                                                                                   -------------      ----------
<S>                                                                                <C>               <C>   
Cash flows from operating activities:
   Net income ..................................................................   $     56,515          30,624
   Adjustments  to  reconcile  net  income  to net cash  (used in)  provided  by
     operating activities:
      Provision for loan losses ................................................         60,000          19,000
      Depreciation, amortization, and accretion, net 98,232 ....................        (15,173)
      Amortization of management stock bonus plan expense ......................         68,549          52,891
      ESOP Compensation Expense ................................................         39,120          28,800
      Net gain on sale of investment securities and
         mortgage-backed securities ............................................       (105,389)       (176,714)
      Net gain on sale of loans ................................................           --           (24,647)
      (Increase) decrease in accrued interest and
         dividends receivable ..................................................        (71,760)         89,925
      Increase in other assets .................................................       (111,280)       (546,820)
      Increase in other liabilities ............................................         11,736         128,257
                                                                                   ------------    ------------
         Net cash provided by (used in) operating activities ...................         45,723        (413,857)

Cash flows from investing activities:
   Proceeds from maturing investment securities-
      available for sale .......................................................           --           914,405
   Proceeds from sales of investment securities-
      available for sale .......................................................      1,402,995         353,488
   Purchases of investment securities-available for sale .......................     (5,258,279)           --
   Principal repayments on mortgage-backed securities-
      available for sale .......................................................        101,133         599,632
   Proceeds from sales of mortgage-backed securities-
      available for sale .......................................................      1,167,169       4,895,237
   Loan (originations) repayments, net .........................................    (10,584,056)     (8,016,043)
   Proceeds from sale of loans .................................................           --         1,803,570
   Purchases of premises and equipment .........................................       (551,078)       (173,105)
                                                                                   ------------    ------------
         Net cash (used in) provided by investing activities ...................    (13,722,116)        377,184
                                                                                   ------------    ------------


</TABLE>



                                        4


<PAGE>


                       CCF HOLDING COMPANY AND SUBSIDIARY
                      Consolidated Statements of Cash Flows
                                   (Unaudited)
<TABLE>
<CAPTION>
                                                                      Three Months Ended
                                                                           March 31,
                                                                -----------------------------
                                                                    1998             1997
                                                                ------------     ------------
<S>                                                             <C>              <C>        
Cash flows from financing activities:
   Net increase (decrease) in savings and
     demand deposit accounts ...............................      7,309,872      (1,531,292)
   Net increase in certificates of deposits ................     29,598,077       6,952,911
   Net decrease in securities sold under agreements
      to repurchase ........................................       (432,376)           --
   Decrease in Federal Home Loan Bank advances .............    (18,510,000)     (6,000,000)
   Net increase in advance payments by
     borrowers for property taxes and insurance ............         98,709          67,933
   Dividends paid ..........................................       (201,896)       (400,235)
   Cash paid in lieu of fractional shares ..................           (651)           --
   Common stock repurchased ................................        (51,190)       (796,193)
                                                               ------------    ------------
        Net cash provided by (used in) financing activities      17,810,545      (1,706,876)
                                                               ------------    ------------

        Increase  (decrease)  in cash and  cash  equivalents      4,134,152      (1,743,550)
Cash and cash equivalents at beginning of period ...........   $  8,741,316       4,747,486
                                                               ------------    ------------
Cash and cash equivalents at end of period .................     12,875,468       3,003,936
                                                               ------------    ------------
 Supplemental  disclosure of cash flow information:
   Interest paid ...........................................   $  1,220,826         732,268
                                                               ------------    ------------
   Income taxes paid .......................................   $      2,000          18,860
                                                               ------------    ------------
</TABLE>



See accompanying notes to consolidated financial statements.



                                        5

<PAGE>

                       CCF HOLDING COMPANY AND SUBSIDIARY
                   Notes to Consolidated Financial Statements
                                   (Unaudited)

1.  Basis of Presentation
-------------------------

The  consolidated  financial  statements for the three month periods ended March
31, 1998 and 1997 are unaudited and reflect all adjustments  (consisting only of
normal  recurring  accruals) which are, in the opinion of management,  necessary
for a fair presentation of the financial position,  operating results,  and cash
flows for the interim periods.  Accordingly, they do not include all information
and  disclosures  required  by  generally  accepted  accounting  principles  for
complete financial statements.

The results of  operations  for the three month  period ended March 31, 1998 are
not  necessarily  indicative of the results for the entire year ending  December
31, 1998.

2.  Accounting Policies
-----------------------

Reference  is made to the  accounting  policies of the Company  described in the
notes to the consolidated financial statements contained in the Company's Annual
Report on Form 10-KSB for the fiscal year ended December 31, 1997 filed with the
Securities and Exchange Commission.

3.    Reclassifications
-----------------------

Certain amounts in the prior period financial  statements have been reclassified
to conform to the presentation used in the current period consolidated financial
statements.

4.    Cash Dividend
-------------------

On March 17,  1998,  the Company  declared a cash  dividend of $.16 per share to
stockholders  of record on April 1, 1998.  These  dividends are payable on April
15, 1998.

5. Statement of Financial Accounting Standards No. 130, Reporting  Comprehensive
   -----------------------------------------------------------------------------
   Income
   ------

In June 1997,  the  Financial  Accounting  Standards  Board issued  Statement of
Financial  Accounting  Standards No. 130, Reporting  Comprehensive Income ("SFAS
130").  This  statement  established  standards  for  reporting  and  display of
comprehensive  income  and  its  components  in a full  set of  general  purpose
financial  statements.  SFAS 130  requires  all items  that are  required  to be
recognized under accounting  standards as components of comprehensive  income to
be  reported  in an  annual  financial  statement  that is  displayed  in  equal
prominence  with the other  annual  financial  statements.  For  interim  period
financial  statements,   enterprises  are  required  to  disclose  a  total  for
comprehensive  income in those  financial  statements.  The term  "comprehensive
income"  is used  in  SFAS  130 to  describe  the  total  of all  components  of
comprehensive income including net income.  "Other comprehensive  income" refers
to revenues,  expenses,  gains,  and losses that are  included in  comprehensive
income but excluded from earnings under current accounting standards. Currently,
"other comprehensive income" for the Company consists solely of items previously
recorded as a component of shareholders'  equity under SFAS 115,  Accounting for
Certain  Investments in Debt and Equity Securities.  The Company has adopted the
interim-period  disclosure requirements of SFAS 130 effective March 31, 1998 and
will adopt the annual financial statement reporting and disclosure  requirements
of SFAS 130 effective December 31, 1998.

Total comprehensive  income (loss) for the three months ended March 31, 1998 was
$134,146 compared to $(22,552) for the three months ended March 31, 1997.


                                        6

<PAGE>

ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Comparison of Financial Condition at March 31, 1998  and December 31, 1997

Assets - The Company's  assets  increased by 14.5%,  or $18.1  million,  between
December 31, 1997 and March 31, 1998. Loans  receivable  increased 11% to $108.8
million at March 31, 1998,  up $11.3  million from $97.5 million at December 31,
1997.  The Company's loan growth is primarily  centered in the  commercial  real
estate  lending and single family  construction  loans.  Commercial  real estate
loans have  increased  approximately  $5.4  million  and  construction  loans by
approximately  $1.9  million.  Growth in other loan areas during the three month
period ending March 31, 1998  includes  $1.1 million in consumer  loans and $1.6
million in mortgage (1 to 4 family dwellings) loans.

Premises and  equipment  increased by $453,000 or 8.8% from December 31, 1997 to
March 31, 1998 which is primarily  due to the  renovation  of the bank's  Forest
Park office.  The Company opened permanent  banking  facilities in McDonough and
Fayetteville, Georgia in October 1997 and January 1998, respectively.

The unrealized gain on investment  securities on December 31, 1997 was $221,970.
At March 31, 1998 the unrealized gain was $299,601.

Liabilities - Total  deposits  during the three months ended March 31, 1998 grew
to $128  million,  an increase of $36.8  million,  or 40%, from $91.2 million at
December 31, 1997. Deposit growth was primarily in certificates of deposit which
increased  approximately $27 million.  This growth was the result of a marketing
campaign to increase  deposits  which  provided  the  necessary  funding for the
balance sheet growth and the payment of the balance due at the Federal Home Loan
Bank, $18.5 million. Transaction accounts (checking, NOW and money markets) grew
approximately  $8 million during the quarter ending March 31, 1998.  This growth
is  primarily  due to the  expansion  into the new  markets of Henry and Fayette
Counties.

Stockholders'  Equity -  Stockholders'  equity  increased  $56,000 or .5%,  from
December  31,  1997 to March  31,  1998.  This  increase  was the  result of the
Company's net income,  Employee  stock  ownership plan  allocations,  management
stock bonus plan expense and unrealized gains on securities  available for sale.
The Company  declared a quarterly  dividend  totaling  $134,023 which  partially
offset the increase in stockholders equity. The ratio of stockholders' equity as
a percentage  of total  assets  decreased to 8.1% at March 31, 1998 from 9.2% at
December 31, 1997.  Book value per share  increased  from $12.81 at December 31,
1997 to $12.90 at March 31, 1998.



Comparison  of  Operating  Results for the Three Months Ended March 31, 1998 and
1997


Performance Overview

Net Income - The  Company's  net income of $56,515  for the  three-month  period
ended  March 31,  1998  increased  by  $25,891,  or 84.5%,  from a net income of
$30,624 for the same period in 1997.  The net income for the three month  period
ended March 31,  1998,  resulted  primarily  due to an increase of net  interest
income,  generated  through loan growth.  A reduction in net income  compared to
prior periods, as a result of increased  expenses,  is expected by management of
the Company to continue to affect  earnings at a diminishing  percentage for the
first half of 1998. This will allow the new offices to mature and achieve higher
levels of loan and deposit activity. The Company believes that this expansion of
markets,  personnel,  products and services should enhance long-term shareholder
value.  This  statement of beliefs  concerning the expansion of the Company is a
forward looking statement.  The Private Securities Litigation Reform Act of 1995
(the "Act") provides protection to the Company in making certain forward looking
statements  that  are  accompanied  by  meaningful  cautionary  statements  that
identify  important factors that could cause actual results to differ materially
from the forward  looking  statement.  As with any expansion,  if new offices or
additional  personnel do not  ultimately  result in  increased  loan and deposit
activity and  increased net income,  these  expenses  would  continue to have an
adverse affect on net income during 1998 and in future periods.

                                      7
<PAGE>

Net Interest Income - Net interest income for the three-month period ended March
31, 1998 increased  $294,000 or 32%, from $910,000 in 1997 to $1,204,000 for the
same period in 1998.  The  increase in the average  balance of loans  receivable
during the three-month period ended March 31, 1998,  compared to the same period
in 1997,  resulted in a $887,000 or 59%,  increase in interest income from loans
to $2.4 million from $1.5 million, respectively.  Investment and mortgage-backed
securities interest income increased $49,000 from 1997 to 1998, to $194,000 from
$145,000.   Interest  expense  increased  $675,000  to  $1.45  million  for  the
three-month  period  ended March 31, 1998 from  $775,000  for the same period in
1997.  This increase is the result of the increase in deposits and FHLB advances
outstanding during the quarter ended March 31, 1998.

Provision for Loan Losses - The Bank's  provision for loan losses  increased for
the three month period ended March 31, 1998  compared to the same period in 1997
by  increasing to $60,000 from $19,000.  Management  periodically  evaluates the
adequacy of the allowance for loan losses,  including an evaluation of past loan
loss experience,  current economic conditions,  volume, growth and collateral of
the loan portfolio.  Management also reviews classified assets,  including those
loans and assets listed as  non-performing.  Management  currently believes that
its allowance for loan losses is adequate.  However,  there can be no assurances
that further  additions will not be needed.  Management will continue to monitor
and adjust the  allowance as necessary in future  periods based on growth in the
loan  portfolio,  loss  experience  which has been  minimal,  and the  continued
expected  changing mix of loans in the loan  portfolio.  If the size of the loan
portfolio continues to increase and the relative proportion in that portfolio of
commercial and construction  loans increases,  it is expected that the provision
for loan losses will increase at an adequate level. Loans internally  classified
as Substandard for the period ending March 31, 1998 totaled $1.2 million and for
the period ending  December 31, 1997  substandard  loans totaled  $762,000.  The
increase  was due to the  addition of one loan which has also been placed on non
accrual  during  this  quarter  due to its past due status of more than 90 days.
Management  believes  that  this  loan  is  adequately  secured  and no  loss is
anticipated.  There  were no loans  classified  as  doubtful  or loss for either
period. Non accrual loans increased during this quarter by a net of $200,000 due
primarily to the addition of the loan discussed previously.

Other  Income - Other  income  decreased  28%,  or  $93,000 to  $243,000  in the
three-month  period  ended March 31, 1998 from  $336,000  for the same period in
1997.  This  decrease  was  primarily  due to a decrease  in the Gain on Sale of
Securities and Gain on Sale of Loans.  During the current period,  no loans were
sold as compared to a gain of $25,000  during the period  ending March 31, 1997.
Additionally,  gains  on sale of  investments  and  mortgage  backed  securities
decreased by $72,000 during the period ended March 31, 1998.

Other  Expenses - Other expenses for the three month period ended March 31, 1998
increased 10% from $1.2 million for the three-month  period ended March 31, 1997
to $1.3  million  for the same  period in 1998,  an  increase  of  $123,000.  As
discussed  above under net  income,  this  increase is the result of  additional
personnel  hired by the Company  since the  three-month  period  ended March 31,
1997.  Salaries and employee benefits  increased to $736,000 for the three month
period  ended March 31, 1998  compared to $686,000  during the same  three-month
period in 1997. In addition, occupancy expense increased $66,500 to $265,000 for
the three-month period ended March 31, 1998 from $198,500 during the same period
in 1997.  This  increase  is  associated  primarily  with the two new  permanent
facilities.

Liquidity Resources - The Company's wholly-owned subsidiary,  Heritage Bank (the
"Bank") is required to maintain  minimum  levels of liquid  assets as defined by
the Office of Thrift  Supervision  (OTS)  regulations.  The OTS minimum required
liquidity  ratio is 4%. The Bank's  liquidity ratio averaged 17.21% during March
1998 compared to 26.69% during March 1997. The Bank manages its liquidity levels
in order to meet  funding  needs for deposit  outflows,  payments of real estate
taxes and escrow  accounts on mortgage  loans,  loan  funding  commitments,  and
repayments  of  borrowings,  when  applicable.  The primary  source of funds are
deposits,  amortization  and  prepayments  of loans,  the sale and  maturity  of
investment and  mortgage-backed  securities,  short-term  Federal Home Loan Bank
advances and funds provided by operations.

Year 2000 - The internal  task force  established  by the Company has  completed
both the Awareness and Assessment  phases of this project.  The  recommendations
for  renovation and validation are on schedule to be completed by June 30, 1998.
All  validation  and  implementation  procedures are expected to be completed by
June 30,  1999.  The Bank's  third party  vendor,  FISERV  Solutions,  Inc.  has
scheduled testing in June 1998. The company will continue to closely monitor the
progress all of its vendors are making and will  aggressively  address potential
problems as they arise.  The Bank  anticipates its expenses  related to the Year
2000 to be minimal.

                                      8
<PAGE>

PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings.

         NONE

Item 2.  Changes in Securities and Use of Proceeds.

         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)  Exhibit 11 - Computation of Per Share Earnings

      (b) No report on Form 8-K was filed during the first quarter of 1998.






                                        9

<PAGE>

                       CCF HOLDING COMPANY AND SUBSIDIARY


                                   SIGNATURES


   In  accordance  with the  requirements  of the Exchange  Act, the  registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.



                                             CCF HOLDING COMPANY


   Date:     May 14, 1998                    BY:\s\ David B. Turner
                                                 -----------------------------
                                                 David B. Turner
                                                 President and
                                                 Chief Executive Officer


   Date:     May 14, 1998                    BY:\s\ Mary Jo Rogers
                                                 -----------------------------
                                                 Mary Jo Rogers
                                                 Vice President and
                                                 Chief Financial Officer









                                       10