EXHIBIT 21
SUBSIDIARIES OF THE REGISTRANT
Parent
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Frankfort First Bancorp, Inc.
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<CAPTION>
State or
Percentage Other Jurisdiction
Subsidiaries (1) Ownership of Incorporation
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<S> <C> <C>
First Federal Savings Bank of Frankfort 100% United States
<FN>
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(1) The assets, liabilities and operations of the subsidiaries are included
in the consolidated financial statements contained in the Annual Report
to Stockholders attached hereto as an exhibit.
</FN>
</TABLE>