Exhibit 31-2

                          Rule 13a-14(a) Certification

I, R. Clay Hulette, certify that:

1.   I have reviewed  this  quarterly  report on Form 10-QSB of Frankfort  First
     Bancorp, Inc.;

2.   Based on my knowledge,  this  quarterly  report does not contain any untrue
     statement of a material fact or omit to state a material fact  necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my  knowledge,  the  financial  statements,  and  other  financial
     information  included  in this  quarterly  report,  fairly  present  in all
     material respects the financial  condition,  results of operations and cash
     flows of the  registrant  as of, and for,  the  periods  presented  in this
     quarterly report;

4.   The  small  business  issuer's  other  certifying   officer(s)  and  I  are
     responsible  for  establishing  and  maintaining  disclosure  controls  and
     procedures  (as defined in Exchange Act Rules  13a-15(e) and 15d-15(e)) for
     the small business issuer and have:

     a)   Designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision, to ensure that material information relating to the small
          business  issuer,  including its  consolidated  subsidiaries,  is made
          known to us by others within those entities,  particularly  during the
          period in which this quarterly report is being prepared;

     b)   N/A

     c)   Evaluated the effectiveness of the small business issuer's  disclosure
          controls and procedures  and presented in this report our  conclusions
          about the  effectiveness of the disclosure  controls and procedures as
          of the  end of the  period  covered  by  this  report  based  on  such
          evaluation; and

     d)   Disclosed in this  quarterly  report any change in the small  business
          issuer's  internal  control over  financial  reporting  that  occurred
          during the small business  issuer's  fiscal quarter ended December 31,
          2003  that  has  materially  affected,  or  is  reasonably  likely  to
          materially  affect,  the small business issuer's internal control over
          financial reporting: and

5.   The  small  business  issuer's  other  certifying  officer(s)  and  I  have
     disclosed,  based on our most recent  evaluation  of internal  control over
     financial reporting,  to the small business issuer's auditors and the audit
     committee of the small  business  issuer's  board or directors  (or persons
     fulfilling the equivalent functions):

     a)   All  significant  deficiencies  in the design or operation of internal
          control   over  financial  reporting  which are  reasonably  likely to
          adversely  affect  the small  business  issuer's  ability  to  record,
          process, summarize and report financial information; and

     b)   Any fraud, whether or not material,  that involves management or other
          employees who have a significant  role in the small business  issuer's
          internal control over financial reporting.



Date: February 17, 2004
                                 /s/ R. Clay Hulette
                                 ---------------------------------------------
                                 R. Clay Hulette
                                 Vice President and Chief Financial Officer