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Exhibit 10.3

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|          DEBTOR NAME AND ADDRESS                                                   SECURED PARTY NAME AND ADDRESS          |
|                                                                                                                            |
| FFD FINANCIAL CORPORATION                                                THE HOME LOAN SAVINGS BANK                        |
| 321 NORTH WOOSTER AVENUE                                                 413 MAIN ST.                                      |
| DOVER, OH  44622                                                         COSHOCTON, OH 43812-1547                          |
|                                                                                                                            |
|                                                                                                                            |
| Type: [ ] individual [ ] partnership [X] corporation [ ] __________                                                        |
| State of organization/registration (if applicable) OH                                                                      |
| [ ] If checked, refer to addendum for additional Debtors and signatures.                                                   |
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                         COMMERCIAL SECURITY AGREEMENT

The date of this Commercial Security Agreement (Agreement) is 10-29-2008.
SECURED DEBTS. This Agreement will secure all sums advanced by Secured Party
    under the terms of this Agreement and the payment and performance of the
    following described Secured Debts that (check one) [X] Debtor
    [ ] ___________________________________ (Borrower) owes to Secured Party:
    [X] Specific Debts. The following debts and all extensions, renewals,
        refinancing, modifications, and replacements (describe):
        A PROMISSORY NOTE DATED 10/29/08 IN THE AMOUNT OF $1,000,000.00 FOR FFD
        FINANCIAL CORPORATION, SIGNED BY TRENT B. TROYER, PRESIDENT & CEO AND
        ROBERT R. GERBER, SR. VICE PRESIDENT & CFO, WHICH MATURES ON DEMAND,
        LN#01-85-615048.
    [ ] All Debts. All present and future debts, even if this Agreement is
        not referenced, the debts are also secured by other collateral, or the
        future debt is unrelated to or of a different type than the current
        debt. Nothing in this Agreement is a commitment to make future loans or
        advances.
SECURITY INTEREST. To secure the payment and performance of the Secured Debts,
    Debtor gives Secured Party a security interest in all of the Property
    described in this Agreement that Debtor owns or has sufficient rights in
    which to transfer an interest, now or in the future, wherever the Property
    is or will be located, and all proceeds and products of the Property.
    "Property" includes all parts, accessories, repairs, replacements,
    improvements, and accessions to the Property; any original evidence of
    title or ownership; and all obligations that support the payment or
    performance of the Property. "Proceeds" includes anything acquired upon the
    sale, lease, license, exchange, or other disposition of the Property; any
    rights and claims arising from the Property; and any collections and
    distributions on account of the Property. This Agreement remains in effect
    until terminated in writing, even if the Secured Debts are paid and Secured
    Party is no longer obligated to advance funds to Debtor or Borrower.
PROPERTY DESCRIPTION. The Property is described as follows:
    [ ] Accounts and Other Rights to Payment: All rights to payment, whether
        or not earned by performance, including, but not limited to, payment
        for property or services sold, leased, rented, licensed, or assigned.
        This includes any rights and interests (including all liens) which
        Debtor may have by law or agreement against any account debtor or
        obligor of Debtor.
    [ ] Inventory: All inventory held for ultimate sale or lease, or which
        has been or will be supplied under contracts of service, or which are
        raw materials, work in process, or materials used or consumed in
        Debtor's business.
    [ ] Equipment: All equipment including, but not limited to, machinery,
        vehicles, furniture, fixtures, manufacturing equipment, farm machinery
        and equipment, shop equipment, office and record keeping equipment,
        parts, and tools. The Property includes any equipment described in a
        list or schedule Debtor gives to Secured Party, but such a list is not
        necessary to create a valid security interest in all of Debtor's
        equipment.
    [ ] Instruments and Chattel Paper: All instruments, including negotiable
        instruments and promissory notes and any other writings or records that
        evidence the right to payment of a monetary obligation, and tangible
        and electronic chattel paper.
    [ ] General Intangibles: All general intangibles including, but not
        limited to, tax refunds, patents and applications for patents,
        copyrights, trademarks, trade secrets, goodwill, trade names, customer
        lists, permits and franchises, payment intangibles, computer programs
        and all supporting information provided in connection with a
        transaction relating to computer programs, and the right to use
        Debtor's name.
    [ ] Documents: All documents of title including, but not limited to,
        bills of lading, dock warrants and receipts, and warehouse receipts.
    [ ] Farm Products and Supplies: All farm products including, but not
        limited to, all poultry and livestock and their young, along with their
        produce, products, and replacements; all crops, annual or perennial,
        and all products of the crops; and all feed, seed, fertilizer,
        medicines, and other supplies used or produced in Debtor's farming
        operations.
    [ ] Government Payments and Programs: All payments, accounts, general
        intangibles, and benefits including, but not limited to, payments in
        kind, deficiency payments, letters of entitlement, warehouse receipts,
        storage payments, emergency assistance and diversion payments,
        production flexibility contracts, and conservation reserve payments
        under any preexisting, current, or future federal or state government
        program.
    [X] Investment Property: All investment property including, but not limited
        to, certificated securities, uncertificated securities, securities
        entitlements, securities accounts, commodity contracts, commodity
        accounts, and financial assets.
    [ ] Deposit Accounts: All deposit accounts including, but not limited to,
        demand, time, savings, passbook, and similar accounts.
    [X] Specific Property Description: The Property includes, but is not
        limited by, the following (if required, provide real estate
        description):

        10 SHARES OF FIRST FEDERAL COMMUNITY BANK STOCK

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  USE OF PROPERTY. The Property will be used for [ ] personal [X] business [ ] agricultural [ ] _________________purposes.

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| SIGNATURES. Debtor agrees to the terms on pages 1 and 2 of this Agreement and acknowledges receipt of a copy of this Agreement. |
|                                                                                                                                 |
|                DEBTOR                                                              SECURED PARTY                                |
| FFD FINANCIAL CORPORATION                                                THE HOME LOAN SAVINGS BANK                             |
|                                                                                                                                 |
| /s/ Trent B. Troyer                                                      /s/ Thomas R. Conidi                                   |
| ------------------------------------                                     ---------------------------------                      |
| TRENT B. TROYER                                                          Thomas R. Conidi                                       |
| PRESIDENT & CEO                                                          EXECUTIVE VICE-PRESIDENT                               |
|                                                                                                                                 |
| /s/ Robert R. Gerber                                                                                                            |
| ------------------------------------                                                                                            |
| ROBERT R. GERBER                                                                                                                |
| SR. VICE PRESIDENT & CEO                                                                                                        |
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GENERAL PROVISIONS. Each Debtor's obligations under this Agreement are
independent of the obligations of any other Debtor. Secured Party may sue each
Debtor individually or together with any other Debtor. Secured Party may
release any part of the Property and Debtor will remain obligated under this
Agreement. The duties and benefits of this Agreement will bind the successors
and assigns of Debtor and Secured Party. No modification of this Agreement is
effective unless made in writing and signed by Debtor and Secured Party.
Whenever used, the plural includes the singular and the singular includes the
plural. Time is of the essence.
APPLICABLE LAW. This Agreement is governed by the laws of the state in which
Secured Party is located. In the event of a dispute, the exclusive forum,
venue, and place of jurisdiction will be the state in which Secured Party is
located, unless otherwise required by law. If any provision of this Agreement
is unenforceable by law, the unenforceable provision will be severed and the
remaining provisions will still be enforceable.
NAME AND LOCATION. Debtor's name indicated on page 1 is Debtor's exact legal
name. If Debtor is an individual, Debtor's address is Debtor's principal
residence. If Debtor is not an individual, Debtor's address is the location of
Debtor's chief executive offices or sole place of business. If Debtor is an
entity organized and registered under state law, Debtor has provided Debtor's
state of registration on page 1. Debtor will provide verification of
registration and location upon Secured Party's request. Debtor will provide
Secured Parry with at least 30 days notice prior to any change in Debtor's
name, address, or state of organization or registration.
WARRANTIES AND REPRESENTATIONS. Debtor has the right, authority, and power to
enter into this Agreement. The execution and delivery of this Agreement will
not violate any agreement governing Debtor or Debtor's property, or to which
Debtor is a party. Debtor makes the following warranties and representations
which continue as long as this Agreement is in effect;
(1) Debtor is duly organized and validly existing in all jurisdictions in which
    Debtor does business;
(2) the execution and performance of the terms of this Agreement have been duly
    authorized, have received all necessary governmental approval, and will not
    violate any provision of law or order;
(3) other than previously disclosed to Secured Party, Debtor has not changed
    Debtor's name or principal place of business within the last 10 years and
    has not used any other trade or fictitious name; and
(4) Debtor does not and will not use any other name without Secured Party's
    prior written consent.
Debtor owns all of the Property, and Secured Parry's claim to the Property is
ahead of the claims of any other creditor, except as otherwise agreed and
disclosed to Secured Party prior to any advance on the Secured Debts. The
Property has not been used for any purpose that would violate any laws or
subject the Property to forfeiture or seizure.
DUTIES TOWARD PROPERTY. Debtor will protect the Property and Secured Party's
interest against any competing claim. Except as otherwise agreed. Debtor will
keep the Property in Debtor's possession at the address indicated on page l of
this Agreement. Debtor will keep the Property in good repair and use the
Property only for purposes specified on page I. Debtor will not use the
Property in violation of any law and will pay all taxes and assessments levied
or assessed against the Property. Secured Party has the right of reasonable
access to inspect the Property, including the right to require Debtor to
assemble and make the Property available to Secured Party. Debtor will
immediately notify Secured Party of any loss or damage to the Property. Debtor
will prepare and keep books, records, and accounts about the Property and
Debtor's business, to which Debtor will allow Secured Party reasonable access.
Debtor will not sell, offer to sell, license, lease, or otherwise transfer or
encumber the Property without Secured Party's prior written consent. Any
disposition of the Property will violate Secured Party's rights, unless the
Property is inventory sold in the ordinary course of business at fair market
value. If the Property includes chattel paper or instruments, either as
original collateral or as proceeds of the Property, Debtor will record Secured
Party's interest on the face of the chattel paper or instruments.
If the Property includes accounts, Debtor will not settle any account for less
than the full value, dispose of the accounts by assignment, or make any
material change in the terms of any account without Secured Party's prior
written consent. Debtor will collect all accounts in the ordinary course of
business, unless otherwise required by Secured Party. Debtor will keep the
proceeds of the accounts, and any goods returned to Debtor, in trust for
Secured Party and will not commingle the proceeds or returned goods with any of
Debtor's other property. Secured Party has the right to require Debtor to pay
Secured Party the full price on any returned items. Secured Party may require
account debtors to make payments under the accounts directly to Secured Party.
Debtor will deliver the accounts to Secured Party at Secured Party's request.
Debtor will give Secured Party all statements, reports, certificates, lists of
account debtors (showing names, addresses, and amounts owing), invoices
applicable to each account, and any other data pertaining to the accounts as
Secured Party requests.
If the Property includes farm products, Debtor will provide Secured Party with
a list of the buyers, commission merchants, and selling agents to or through
whom Debtor may sell the farm products. Debtor authorizes Secured Party to
notify any additional parties regarding Secured Party's interest in Debtor's
farm products, unless prohibited by law. Debtor agrees to plant, cultivate, and
harvest crops in due season. Debtor will be in default if any loan proceeds are
used for a purpose that will contribute to excessive erosion of highly erodible
land or to the conversion of wetland to produce or to make possible the
production of an agricultural commodity, further explained in 7 CFR Part 1940,
Subpart G, Exhibit M. If Debtor pledges the Property to Secured Party (delivers
the Property into the possession or control of Secured Party or a designated
third party), Debtor will, upon receipt, deliver any proceeds and products of
she Property to Secured Party. Debtor will provide Secured Party with any
notices, documents, financial statements, reports, and other information
relating to the Property Debtor receives as the owner of the Property.
PERFECTION OF SECURITY INTEREST. Debtor authorizes Secured Party to file a
financing statement covering the Property. Debtor will comply with, facilitate,
and otherwise assist Secured Party in connection with obtaining possession or
control over the Property for purposes of perfecting Secured Party's interest
under the Uniform Commercial Code.
INSURANCE. Debtor agrees to keep the Property insured against the risks
reasonably associated with the Property until the Property is released from
this Agreement. Debtor will maintain this insurance in the amounts Secured
Party requires. Debtor may choose the insurance company, subject to Secured
Party's approval, which will not be unreasonably withheld. Debtor will have the
insurance provider name Secured Party as loss payee on the insurance policy.
Debtor will give Secured Party and the insurance provider immediate notice of
any loss. Secured Party may apply the insurance proceeds toward the Secured
Debts. Secured Party may require additional security as a condition of
permitting any insurance proceeds to be used to repair or replace the Property.
If Secured Party acquires the Property in damaged condition, Debtor's rights to
any insurance policies and proceeds will pass to Secured Party to the extent of
the Secured Debts. Debtor will immediately notify Secured Party of the
cancellation or termination of insurance. If Debtor fails to keep the Property
insured, or fails to provide Secured Party with proof of insurance, Secured
Party may obtain insurance to protect Secured Party's interest in the Property.
The insurance may include coverages not originally required of Debtor, may be
written by a company other than one Debtor would choose, and may be written at
a higher rate than Debtor could obtain if Debtor purchased the insurance.
AUTHORITY TO PERFORM. Debtor authorizes Secured Party to do anything Secured
Party deems reasonably necessary to protect the Property and Secured Party's
interest in the Property. If Debtor fails to perform any of Debtor's duties
under this Agreement, Secured Party is authorized, without notice to Debtor, to
perform the duties or cause them to be performed. These authorizations include,
but are not limited to, permission to pay for the repair, maintenance, and
preservation of the Property and take any action to realize the value of the
Property. Secured Party's authority to perform for Debtor does not create an
obligation to perform, and Secured Party's failure to perform will not preclude
Secured Party from exercising any other rights under the law or this Agreement.
If Secured Party performs for Debtor, Secured Party will use reasonable care.
Reasonable care will not include any steps necessary to preserve rights against
prior parties or any duty to take action in connection with the management of
the Property.
If Secured Party comes into possession of the Property, Secured Party will
preserve and protect the Property to the extent required by law. Secured
Party's duty of care with respect to the Property will be satisfied if Secured
Party exercises reasonable care in the safekeeping of the Property or in the
selection of a third party in possession of the Property.
Secured Party may enforce the obligations of an account debtor or other person
obligated on the Property. Secured Party may exercise Debtor's rights with
respect to the account debtor's or other person's obligations to make payment
or otherwise render performance to Debtor, and enforce any security interest
that secures such obligations.
PURCHASE MONEY SECURITY INTEREST. If the Property includes items purchased with
the Secured Debts, the Property purchased with the Secured Debts will remain
subject to Secured Party's security interest until the Secured Debts are paid
in full. Payments on any non-purchase money loan also secured by this Agreement
will not be applied to the purchase money loan. Payments on the purchase money
loan will be applied first to the non-purchase money portion of the loan, if
any, and then to the purchase money portion in the order in which the purchase
money Property was acquired. If the purchase money Property was acquired at the
same time, payments will be applied in the order Secured Party selects. No
security interest will be terminated by application of this formula.
DEFAULT. Debtor will be in default if:
(1) Debtor (or Borrower, if not the same) fails to make a payment in full when
    due;
(2) Debtor fails to perform any condition or keep any covenant on this or any
    debt or agreement Debtor has with Secured Party;
(3) a default occurs under the terms of any instrument or agreement evidencing
    or pertaining to the Secured Debts;
(4) anything else happens that either causes Secured Party to reasonably
    believe that Secured Party will have difficulty in collecting the Secured
    Debts or significantly impairs the value of the Property.
REMEDIES. After Debtor defaults, and after Secured Party gives any legally
required notice and opportunity to cure the default, Secured Party may at
Secured Party's option do any one or more of the following:
(1) make all or any part of the Secured Debts immediately due and accrue
    interest at the highest post-maturity interest rate;
(2) require Debtor to gather the Property and make it available to Secured
    Party in a reasonable fashion;
(3) enter upon Debtor's premises and take possession of all or any part of
    Debtor's property for purposes of preserving the Property or its value and
    use and operate Debtor's property to protect Secured Party's interest, all
    without payment or compensation to Debtor;
(4) use any remedy allowed by state or federal law, or provided in any
    agreement evidencing or pertaining to the Secured Debts.
If Secured Party repossesses the Property or enforces the obligations of an
account debtor, Secured Party may keep or dispose of the Property as provided
by law. Secured Party will apply the proceeds of any collection or disposition
first to Secured Party's expenses of enforcement, which includes reasonable
attorneys' fees and legal expenses to the extent not prohibited by law, and
then to the Secured Debts. Debtor (or Borrower, if not the same) will be liable
for the deficiency, if any.
By choosing any one or more of these remedies, Secured Party does not give up
the right to use any other remedy. Secured Party does not waive a default by
not using a remedy.
WAIVER. Debtor waives all claims for damages caused by Secured Party's acts or
omissions where Secured Party acts in good faith.
NOTICE AND ADDITIONAL DOCUMENTS. Where notice is required, Debtor agrees that
10 days prior written notice will be reasonable notice to Debtor under the
Uniform Commercial Code. Notice to one party is notice to all parties. Debtor
agrees to sign, deliver, and file any additional documents and certifications
Secured Party considers necessary to perfect, continue, or preserve Debtor's
obligations under this Agreement and to confirm Secured Party's lien status on
the Property.

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