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                                                                   EXHIBIT 10.10

            FRANKFORT FIRST BANCORP, INC./FIRST FEDERAL SAVINGS BANK
                         JUNIOR OFFICER RECOGNITION PLAN

PURPOSE: In order to attract and retain responsible, competent, and experienced
individuals at key positions at First Federal Savings Bank, the Company has
devised the following plan to augment other compensation arrangements in place.
This plan also will serve to more closely align the interests of these key
employees with the interests of the Company through an award of the Company's
common stock.

ADMINISTRATION: This plan will be administered by the Board of Frankfort First
Bancorp, Inc.

PARTICIPANTS: The plan is designated for those employees designated by the Board
as "Junior Executive Officers." Generally, these employees will be at Vice
President level. This plan is not intended to reward Senior Executive Officers
such as Company President Don Jennings or Bank President Danny Garland. At the
plan's inception, plan participants will be Vice Presidents Clay Hulette and
Teresa Kuhl. In the future, the Board, at its sole discretion, may authorize
awards to other employees who are either hired or promoted to this level.

PLAN ASSETS: The Company will transfer 8,000 shares to the plan, to be
recognized on the balance sheets as a contra-capital account. These shares will
be transferred from Treasury Shares.

AWARD: Participants will receive a total award of 2,000 shares to be vested over
five years (400 shares per year) beginning in calendar year 2003, to be
disbursed on a schedule designated by the Board. The Board may determine that
past service may be counted toward the first year of vesting thus an employee
with one or more years experience may be immediately eligible for disbursement.
In such cases, subsequent vesting will occur annually on the anniversary of the
initial award.

DIVIDENDS: Dividends will be paid on all shares in the plan. Dividends on shares
awarded but not yet disbursed will stay in the plan until the corresponding
share is disbursed, at which time the dividend will be disbursed.

ELIGIBILITY: Participants will relinquish all rights to undisbursed shares and
corresponding dividends held in this plan if they voluntarily resign, retire, or
are terminated for cause. Upon the death or disability of a participant, the
remaining shares and corresponding dividends that have been awarded and vested
will be granted within 30 days of their last day of service. This plan does not
guarantee vesting in case of change in control of the Company.

EXPIRATION: This plan will remain in effect for the later of 10 years (ending in
calendar 2013), until all grants that have been awarded have been vested, or
until all shares have been disbursed from the plan.

VOTING: Shares in the plan that have not been disbursed to participants will be
voted as directed by the Board.

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TERMINATION: The Board may terminate this plan at any time prior to its
expiration, subject to future disbursement of shares and the accompanying
dividends already awarded but not yet disbursed. Shares and cash held in the
plan but not awarded will be returned to the Company.

TRANSFER: The plan administrator may transfer shares to the Bank for purposes of
disbursement to employees in order to avail the Company of the Bank's payroll
apparatus.