UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                    FORM 10-Q

x  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
--       EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2000


                                       OR

    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:  0-26360

                          FRANKFORT FIRST BANCORP, INC.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          Delaware                                              61-1271129
--------------------------------------------------------------------------------
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                            Identification Number)


           216 West Main Street, Frankfort, Kentucky         40602
--------------------------------------------------------------------------------
           (Address of principal executive offices)        (Zip Code)

                                 (502) 223-1638
--------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)

Indicate  by check mark  whether  the  registrant  has filed all  documents  and
reports  required  to be filed by  Sections  12, 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. Yes  X  No
                                                      ---   ---


Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock as of November 10, 2000: 1,246,108

Page 1 of  12 pages

                                     page 1
<PAGE>


                                    CONTENTS


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

Item 1   Consolidated Statements of Financial Condition at
         September 30, 2000 and June 30, 2000                                 3

         Consolidated Statements of Earnings for the three
         months ended September 30, 2000 and 1999                             4

         Consolidated Statements of Cash Flows for the three
         months ended September 30, 2000 and 1999                             5

         Notes to Consolidated Financial Statements                           6

Item 2   Management's Discussion and Analysis
         of Financial Condition and Results of
         Operations                                                           8

PART II. OTHER INFORMATION
         -----------------

Item 1   Legal Proceedings 11

Item 2   Changes in Securities                                               11

Item 3   Defaults upon Senior Securities                                     11

Item 4   Submission of Matters to a
         Vote of Security Holders                                            11

Item 5.  Other Information 11

Item 6.  Exhibits and Reports on Form 8-K                                    11

SIGNATURES                                                                   12
----------




                                     page 2
<PAGE>
                          FRANKFORT FIRST BANCORP, INC.
                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
                      (In thousands, except per share data)
<TABLE>
<CAPTION>

                                                                September 30,  June 30,
                                                                    2000        2000
<S>                                                            <C>          <C>
   ASSETS
Cash and due from banks                                        $     175    $     133
Interest-bearing deposits in other financial institutions          1,458          845
                                                               ---------    ---------
       Cash and cash equivalents                                   1,633          978

Certificates of deposit in other financial institutions              100          100
Investment securities held to maturity- at amortized cost,
    approximate fair market value of $1,976 and $1,965 as of
    September 30, 2000 and June 30, 2000                           1,983        1,979
Loans receivable - net                                           138,441      137,792
Office premises and equipment - at depreciated cost                1,437        1,453
Federal Home Loan Bank stock - at cost                             2,395        2,351
Accrued interest receivable on loans                                 426          413
Accrued interest receivable on investments and
   interest-bearing deposits                                          14           41
Prepaid expenses and other assets                                     61           77
Prepaid federal income taxes                                          90          251
Deferred federal income taxes                                         --           19
                                                               ---------    ---------
       Total assets                                            $ 146,580    $ 145,454
                                                               =========    =========
     LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits                                                       $  80,824    $  82,502
Advances from the Federal Home Loan Bank                          45,745       42,108
Other borrowed money                                                  80          373
Advances by borrowers for taxes and insurance                        467          337
Accrued interest payable                                              49           59
Deferred federal income taxes                                          7           --
Other liabilities                                                  1,279        1,251
                                                               ---------    ---------
       Total liabilities                                         128,451      126,630

Shareholders' equity
   Preferred stock, 500,000 shares authorized, $.01 par
       value; no shares issued                                        --           --
   Common stock, 3,750,000 shares authorized, $.01
       par value;  1,672,443 shares issued                            17           17
   Additional paid-in capital                                      5,876        5,876
   Retained earnings - restricted                                 18,476       18,412
   Less 411,335 and 352,335 shares of treasury stock-at cost      (6,240)      (5,481)
                                                               ---------    ---------
       Total shareholders' equity                                 18,129       18,824
                                                               ---------    ---------
       Total liabilities and shareholders' equity              $ 146,580    $ 145,454
                                                               =========    =========
Book value per share                                           $   14.38    $   14.26
                                                               =========    =========
</TABLE>



                                     page 3
<PAGE>

                          FRANKFORT FIRST BANCORP, INC.
                       CONSOLIDATED STATEMENTS OF EARNINGS
                      (In thousands, except per share data)
<TABLE>
<CAPTION>
                                                              Threee months ended
                                                                 September 30,
                                                              2000            1999
<S>                                                          <C>              <C>
Interest income
   Loans                                                     $2,594          $2,369
   Investment securities                                         33              27
   Interest-bearing deposits and other                           57              40
                                                             ------          ------
          Total interest income                               2,684           2,436

Interest expense
   Deposits                                                   1,014             961
   Borrowings                                                   668             462
                                                             ------          ------
          Total interest expense                              1,682           1,423
                                                             ------          ------
          Net interest income                                 1,002           1,013

Provision for losses on loans                                    --              --
                                                             ------          ------
          Net interest income after provision for
             losses on loans                                  1,002           1,013

Other operating income                                           14               9

General, administrative and other expense
   Employee compensation and benefits                           237             229
   Occupancy and equipment                                       37              38
   Federal deposit insurance premiums                             4              12
   Franchise and other taxes                                     28              21
   Data processing                                               32              34
   Other operating                                               84              81
                                                             ------          ------
          Total general, administrative
               and other expense                                422             415
                                                             ------          ------
          Earnings before income taxes                          594             607

Federal income taxes
   Current                                                      176             201
   Deferred                                                      26               5
                                                             ------          ------
          Total federal income taxes                            202             206
                                                             ------          ------

          NET EARNINGS                                       $  392          $  401
                                                             ======          ======
            Basic Earnings Per Share                         $ 0.30          $ 0.27
                                                             ======          ======
            Diluted Earnings Per Share                       $ 0.30          $ 0.26
                                                             ======          ======
</TABLE>



                                     page 4
<PAGE>

                          FRANKFORT FIRST BANCORP, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                    For the three months ended September 30,
                                 (In thousands)
<TABLE>
<CAPTION>
                                                                     2000              1999
<S>                                                                 <C>                <C>

Cash flows from operating activities:
   Net earnings for the period                                     $   392           $   401
   Adjustments to reconcile net earnings to net cash
   provided by (used in) operating activities:
       Amortization of discounts and premiums on loans,
          investments, and mortgage backed securities, net              (4)                2
       Amortization of deferred loan origination (fees) costs           13                (6)
       Depreciation and amortization                                    19                19
       Federal Home Loan Bank stock dividends                          (44)               --
       Increase (decrease) in cash due to changes in:
          Accrued interest receivable                                   14               (32)
          Prepaid expenses and other assets                             16                55
          Accrued interest payable                                     (10)               (5)
          Other liabilities                                             28               338
          Federal income taxes
             Current                                                   161                60
             Deferred                                                   26                 5
                                                                   -------           -------
               Net cash provided by operating activities               611               837
Cash flows provided by (used in) investing activities:
   Purchase of Federal Home Loan Bank stock                             --              (115)
   Loan principal repayments                                         4,920             6,660
   Loan disbursements                                               (5,582)           (9,755)
   Purchase of office premises and equipment                            (3)              (49)
                                                                   -------           -------
             Net cash used in investing activities                    (665)           (3,259)
Cash flows provided by (used in) financing activities:
   Net decrease in deposit accounts                                 (1,678)           (2,799)
   Proceeds from Federal Home Loan Bank advances                     8,900             7,550
   Repayment of Federal Home Loan Bank advances                     (5,263)           (4,013)
   Proceeds from other borrowed money                                  145               483
   Repayment of other borrowed money                                  (438)             (767)
   Advances by borrowers for taxes and insurance                       130               127
   Dividends paid on common stock                                     (328)             (356)
   Acquisition of treasury stock                                      (759)             (226)
                                                                   -------           -------
             Net cash provided by (used in) by financing
               activities                                              709                (1)
                                                                   -------           -------
Net increase (decrease) in cash and cash equivalents                   655            (2,423)
Cash and cash equivalents at beginning of period                       978             2,591
                                                                   -------           -------
Cash and cash equivalents at end of period                         $ 1,633           $   168
                                                                   =======           =======
Supplemental  disclosure of cash flow  information:
       Cash paid during the period for:
       Federal income taxes                                        $    15           $   140
                                                                   =======           =======
       Interest on deposits and borrowings                         $ 1,692           $ 1,428
                                                                   =======           =======
</TABLE>


                                     page 5
<PAGE>

                          FRANKFORT FIRST BANCORP, INC.
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)

                           SEPTEMBER 30, 2000 AND 1999

(1) BASIS OF PRESENTATION

     The accompanying  unaudited consolidated financial statements were prepared
in accordance with  instructions  for Form 10-Q and therefore do not include all
disclosures necessary for a complete presentation of the statements of financial
condition,  statements of earnings,  and  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 and all such adjustments are of
a normal recurring nature. The results of operations for the three month periods
ended September 30, 2000 and 1999 are not necessarily  indicative of the results
which may be expected for the entire year. These financial  statements should be
read in conjunction with the audited  consolidated  financial statements and the
notes thereto  included in the Company's Annual Report on Form 10-K for the year
ended June 30, 2000.

(2) PRINCIPLES OF CONSOLIDATION

     The accompanying  consolidated financial statements include the accounts of
Frankfort  First Bancorp,  Inc. (the Company) and First Federal  Savings Bank of
Frankfort (the Bank). All significant intercompany items have been eliminated.

(3) EARNINGS PER SHARE

     Basic earnings per share is computed based upon the weighted average common
shares  outstanding  which  totaled  1,306,423 and 1,492,837 for the three month
periods ended September 30, 2000 and 1999, respectively.

     Diluted  earnings per share is computed  taking into  consideration  common
shares  outstanding  and dilutive  potential  common shares,  i.e. the Company's
stock  option  plan.  Weighted-average  common  shares  deemed  outstanding  for
purposes of computing diluted earnings per share totaled 1,306,423 and 1,511,954
for the  three-month  periods ended  September 30, 2000 and 1999,  respectively.
Incremental  shares related to the assumed exercise of stock options included in
the calculation of diluted earnings per share totaled 19,117 for the three-month
period ended  September 30, 1999. For the three month period ended September 30,
2000, there were no incremental  shares related to the assumed exercise of stock
options due to the  non-dilutive  nature of the options during that period.  The
Company has 239,492 stock options  outstanding of which 234,745 have an exercise
price of $13.80 per share and 4,747 have an exercise price of $14.91 per share.

(4) EFFECTS OF RECENT ACCOUNTING PRONOUNCEMENTS

     Accounting  for Derivative  Instruments  and Hedging  Activities.  In June,
1998, the Financial  Accounting Standards Board (the "FASB") issued Statement of
Financial  Accounting  Standards  ("SFAS") No. 133,  "Accounting  for Derivative
Instruments and Hedging  Activities,"  which requires  entities to recognize all
derivatives  in their  financial  statements  as either  assets  or  liabilities
measured at fair value.  SFAS No. 133 also  specifies  new methods of accounting
for hedging  transactions,  prescribes  the items and  transactions  that may be
hedged,  and  specifies  detailed  criteria  to be  met  to  qualify  for  hedge
accounting.

     The  definition of a derivative  financial  instrument  is complex,  but in
general,  it is an instrument with one or more underlyings,  such as an interest
rate or foreign exchange rate, that is applied to a notional amount,  such as an
amount of currency, to determine the settlement amount(s). It generally requires
no  significant  initial  investment and can be settled net or by delivery of an
asset that is readily  convertible to cash.  SFAS No. 133 applies to derivatives
embedded in other contracts, unless the underlying of the embedded derivative is
clearly and closely related to the host contract.


                                     page 6
<PAGE>

     SFAS No. 133, as amended by SFAS No. 137,  is  effective  for fiscal  years
beginning  after June 15, 2000. On adoption,  entities are permitted to transfer
held-to-maturity  debt securities to the  available-for-sale or trading category
without  calling into  question  their intent to hold other debt  securities  to
maturity in the future.  Management adopted SFAS No. 133 effective July 1, 2000,
as required, without material impact on the Company's financial statements.

     In September  2000 the FASB issued SFAS No. 140  "Accounting  for Transfers
and Servicing of Financial Assets and  Extinguishments  of  Liabilities",  which
revises the standards for accounting for  securitizations and other transfers of
financial  assets and collateral and requires certain  disclosures,  but carries
over most of the  provisions of SFAS No. 125 without  reconsideration.  SFAS No.
140  is  effective  for   transfers  and  servicing  of  financial   assets  and
extinguishments of liabilities  occurring after March 31, 2001. The Statement is
effective for recognition and reclassification of collateral and for disclosures
relating to  securitization  transactions and collateral for fiscal years ending
after December 15, 2000.  SFAS No. 140 is not expected to have a material effect
on the Company's financial position or results of operations.



                                     page 7
<PAGE>

MANAGEMENT'S DISCUSSION AND ANALYSIS

NOTE REGARDING FORWARD-LOOKING STATEMENTS

     In addition to  historical  information  contained  herein,  the  following
discussion   contains   forward-looking   statements   that  involve  risks  and
uncertainties.   Economic  circumstances,  the  Company's  operations,  and  the
Company's actual results could differ  significantly from those discussed in the
forward-looking  statements.  Some of the factors that could cause or contribute
to such differences are discussed herein but also include changes in the economy
and interest rates in the nation and the Company's market area generally.

GENERAL

     The principal  business of the Bank consists of accepting deposits from the
general public and investing these funds in loans secured by one- to four-family
owner-occupied  residential  properties in the Bank's  primary  market area. The
Bank also invests in loans  secured by non-owner  occupied  one- to  four-family
residential  properties  and some churches  located in the Bank's primary market
area. The Bank also maintains an investment portfolio which includes FHLB stock,
FHLB certificates of deposit,  U.S.  Government  Agency-issued  bonds, and other
investments.

COMPARISON OF FINANCIAL CONDITION AT SEPTEMBER 30, 2000 AND JUNE 30, 2000

     ASSETS:  The Company's  total assets  increased from $145.5 million at June
30, 2000 to $146.6 million at September 30, 2000, an increase of $1.1 million or
0.8%. The increase in total assets is primarily  attributable  to an increase in
the Company's cash and cash equivalents and an increase in net loans receivable.
Cash and cash  equivalents  increased  from  $978,000  at June 30,  2000 to $1.6
million at  September  30,  2000,  an increase  of $655,000 or 67.0%.  Net loans
receivable  increased  from $137.8 million at June 30, 2000 to $138.4 million at
September 30, 2000, an increase of $649,000 or 0.5%.

     LIABILITIES:  The Company's total liabilities increased from $126.6 million
at June 30, 2000 to $128.5  million at September  30, 2000,  an increase of $1.8
million or 1.4%. The increase in total liabilities is primarily  attributable to
an increase in Advances from the Federal Home Loan Bank  ("Advances").  Advances
increased  from $42.1 million at June 30, 2000 to $45.7 million at September 30,
2000,  an increase of $3.6 million or 8.6%.  The  increase has been  utilized to
fund new loans,  replace lost deposits and to make dividends to the Company. The
Company,  in  turn,  has  repurchased  some  of its  common  stock  (see  "Stock
Repurchase").  Deposits  decreased  $1.7  million  or 2.0% to $80.8  million  at
September 30, 2000.

     SHAREHOLDERS' EQUITY:  Shareholders' equity decreased from $18.8 million at
June 30, 2000 to $18.1  million at September 30, 2000, a decrease of $695,000 or
3.7%.  This  decrease is a result of the Company's net earnings of $392,000 less
the Company's  dividends  accrued or paid during the period of $328,000 less the
acquisition  of the Company's  own stock at a cost of $759,000 (see  "Dividends"
and  "Stock  Repurchase").  The  Company's  book  value per share was  $14.38 at
September 30, 2000 compared to $14.26 at June 30, 2000.

COMPARISON  OF RESULTS OF  OPERATIONS  FOR THE THREE MONTHS ENDED  SEPTEMBER 30,
2000 AND SEPTEMBER 30, 1999

     NET  EARNINGS:  The  Company's  net  earnings  decreased  $9,000 or 2.2% to
$392,000 for the three months ended  September 30, 2000 compared to $401,000 for
the  three  months  ended   September  30,  1999.  This  decrease  is  primarily
attributable  to a decrease in net  interest  income of $11,000.  The  Company's
basic  earnings per share rose $0.03 or 11.1% from $0.27 per share for the three
month  period  ended  September  30, 1999 to $0.30 per share for the three month
period ended September 30, 2000. The Company's  diluted  earnings per share rose
$0.04 or 15.4% from $0.26 per share for the three month period  ended  September
30, 1999 to $0.30 per share for the three month period ended September 30, 2000.

     NET INTEREST INCOME: Net interest income totaled $1.0 million for the three
months  ended  September  30,  2000, a decrease of $11,000 or 1.1% from the same
period in 1999.  The decrease was primarily due to an increase in total interest
expense.


                                     page 8
<PAGE>

     INTEREST  INCOME:  Interest  income  increased  $248,000  or  10.2% to $2.7
million for the three month period  ended  September  30, 2000.  The increase in
interest income from loans was primarily  responsible for the increased level of
interest income for the period. Interest income from loans increased $225,000 or
9.5% to $2.6  million for the three  month  period  ended  September  30,  2000.
Interest income from interest-bearing  deposits and other increased from $40,000
for the  three-month  period ended  September  30, 1999 to $57,000 for the three
month period ended September 30, 2000, an increase of $17,000 or 42.5%. Interest
income from  investment  securities  increased  from $27,000 for the three month
period  ended  September  30, 1999 to $33,000 for the three month  period  ended
September  30, 2000,  an increase of $6,000 or 22.2%.  Management  believes that
generally  rates paid on short-term  investments  and deposits are less than the
rates that can be earned on mortgage  loans,  and prefers to use excess funds to
either make new loans or reduce  advances.  The increase in interest income from
loans is  attributable  to both an  increase  in  volume of the  Company's  loan
portfolio as well as an increase in the rate earned on the portfolio.

     INTEREST  EXPENSE:  Interest  expense  increased  $259,000 or 18.2% to $1.7
million for the three month period ended  September 30, 2000.  This increase was
primarily  due to an increase in interest  expense on Advances  which  increased
$206,000 or 44.6% from  $462,000 for the three month period ended  September 30,
1999 to $668,000  for the three month  period  ended  September  30,  2000.  The
increase  is a  result  of  an  increase  in  the  average  amount  of  Advances
outstanding  as well as an increase in the average  interest  rate paid on those
borrowings.  Supplementing  the increase in interest  expense on Advances was an
increase of $53,000 or 5.5% in interest  expense on  deposits,  which  increased
from  $961,000  for the three month  period ended  September  30, 1999,  to $1.0
million for the three month period ended September 30, 2000.

     PROVISION FOR LOSSES ON LOANS:  The provision for losses on loans  remained
constant with no provision for the three month periods ended  September 30, 2000
or 1999.  Management believed,  on the basis of its analysis of the risk profile
of the Company's  assets,  that the allowance for loan losses was appropriate at
September 30, 2000 and 1999, which was $101,000 and $100,000,  respectively.  In
determining the appropriate provision, management considers a number of factors,
including specific loans in the Company's  portfolio,  real estate market trends
in the Company's  market area,  economic  conditions,  interest rates, and other
conditions that may affect a borrower's  ability to comply with repayment terms.
There can be no assurance that the allowance will be adequate to cover losses on
nonperforming assets in the future.

     OTHER OPERATING  INCOME:  Other operating  income increased $5,000 or 55.6%
from $9,000 for the three month period ended  September  30, 1999 to $14,000 for
the three month period ended September 30, 2000. Other operating income is not a
significant component of the Company's statement of operations.

     GENERAL, ADMINISTRATIVE,  AND OTHER EXPENSES: General, administrative,  and
other expense  increased $7,000 or 1.7% from $415,000 for the three month period
ended  September 30, 1999 to $422,000 for the three month period ended September
30, 2000. The increase was comprised of an $8,000, or 3.5%, increase in employee
compensation  and  benefits,  due to normal  increases,  and a $7,000,  or 33.3%
increase in franchise taxes, which were partially offset by an $8,000, or 66.7%,
decline in federal  deposit  insurance  premiums,  due to a reduction in premium
rates year to year.

     INCOME TAX: The Company's provision for federal income taxes decreased from
$206,000 for the three month period ended September 30, 1999 to $202,000 for the
three month period ended  September  30, 2000.  The decrease was a result of the
decrease in the Company's pretax earnings.  The Company's effective tax rate was
34.0% for the three  month  period  ended  September  30, 2000 and 33.9% for the
three month period ended September 30, 1999.

     NON-PERFORMING  ASSETS:  At September 30, 2000, the Bank had  approximately
$135,000 in loans 90 days or more past due but still accruing.  These delinquent
loans  represent  0.1% of the Bank's net loans.  The Bank had  $538,000 in loans
internally  classified as Substandard  and no loans  classified as Doubtful,  or
Loss. The Bank has not charged off any loans during the period.




                                  page 9
<PAGE>

         DIVIDENDS:  On  September  13, 2000,  the Company  announced a dividend
policy  whereby it will pay a quarterly  cash  dividend of $0.26 per share,  per
quarter, payable on the 15th day of the month following the end of each quarter,
to  shareholders  of record as of the last  business day of each  quarter.  This
represented an increase of $0.02 or 8.3% from the previous quarterly dividend of
$0.24 per share,  which was  established  on September  15,  1999.  The Board of
Directors  determined that the payment of a dividend was appropriate in light of
the Company's  capital position and financial  condition.  Although the Board of
Directors has adopted this policy,  the future payment of dividends is dependent
upon the Company's  financial  condition,  earnings,  equity structure,  capital
needs, regulatory requirements, and economic conditions. The Company last paid a
dividend on July 14,  2000.  At  September  30,  2000,  the Company had recorded
dividends payable of $328,000 for the payment of a dividend on October 13, 2000.

         STOCK  REPURCHASES:  On June 27, 2000, the Company  announced a plan to
purchase up to 66,000 shares of the Company's  common stock,  which  represented
approximately  5% of the  outstanding  common stock at that time.  That specific
program was concluded on September 13, 2000, when the Company  announced that it
had  repurchased  59,000 shares at an average price of $12.88 per share.  At the
same time it was announced that the Company's  Board of Directors had authorized
a new program  for the  purchase  of up to 65,000 of the  remaining  outstanding
shares of common stock.  Management  believes that the repurchase program should
be  completed  within  nine  months  of  commencement.  The  Board of  Directors
considers the Company's  common stock to be an  attractive  investment,  and the
repurchase  program may improve liquidity in the market for the common stock and
result in increased per share earnings and book value per share.  The Board will
continue  to  consider  stock  repurchases  and in the future may enact  similar
programs depending on market conditions, interest rates, and the availability of
funds.



                                     page 10
<PAGE>


PART II.

ITEM 1.  LEGAL PROCEEDINGS

                                    None

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

          Exhibits: Financial Data Schedule as of September 30, 2000.

          Reports on Form 8-K: None




                                     page 11
<PAGE>


                                    SIGNATURE



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.






                                            Frankfort First Bancorp, Inc.


Date: November 10, 2000
                                            /S/  Don D. Jennings
                                            -----------------------------------
 .                                           Don D. Jennings
                                            Vice President
                                            (Authorized Officer)



                                            /S/  R. Clay Hulette
                                            -----------------------------------
                                            R. Clay Hulette
                                            Vice President
                                            (Principal Financial and Accounting
                                            Officer)



                                     page 12