As filed with the Securities and Exchange Commission on May 16, 2003
                            Registration No. 333-_______
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
 _____________________________________________________________________
                                    Form S-8
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933
  ---------------------------------------------------------------------
                          FIRST SECURITY BANCORP, INC.
             (Exact name of registrant as specified in its charter)

                               KENTUCKY 61-1364206
                (State or other jurisdiction of (I.R.S. Employer
               incorporation or organization) Identification No.)

                 318 East Main Street, Lexington, Kentucky 40507
               (Address of Principal Executive Offices) (Zip Code)

                  First Security Bancorp, Inc. Stock Award Plan
                            (Full title of the plan)

                          John S. Shropshire, President
                          First Security Bancorp, Inc.
                              318 East Main Street
                               Lexington, KY 40507
                     (Name and address of agent for service)

                                 (859) 367-3718
          (Telephone number, including area code, of agent for service)
<TABLE>

                         CALCULATION OF REGISTRATION FEE
<CAPTION>
<S>                              <C>              <C>                  <C>                  <C>

Title of each                                     Proposed maximum     Proposed maximum
class of securities              Amount to be     offering price       aggregate offering    Amount of
to be registered                 registered(1)    per share            price(1)              registration fee
<FN>

                                      73,300           $19.50(2)           $1,429,350(2)             $116
Common Stock,                          4,700           $22.00(3)             $103,400(3)              $ 8
no par value                          22,000           $19.55(3)             $430,100(3)              $35
</FN>

</TABLE>


<PAGE>





(1) On March 18, 2003,  the First  Security  Bancorp,  Inc. Stock Award Plan was
amended and  restated to increase  the number of shares of common stock that may
be  awarded  under  such plan from  100,000  to  200,000.  100,000 of the shares
issuable  under such plan were  registered  by the  Registrant  on that  certain
Registration  Statement  on Form S-8  filed  with the  Securities  and  Exchange
Commission  on August 23,  2002  (Registration  No.  333-98625).  This number of
shares represents the maximum number of additional shares which may issued under
such plan as a result of such  plan's  amendment  and  restatement  on March 18,
2003.

(2) The  exercise  price for  options for 73,300  shares is  unknown.  Estimated
solely for the purpose of  calculating  the  registration  fee  pursuant to Rule
457(c)  based on the  average  of the bid and ask  prices  on May 7, 2003 on the
Over-the-Counter Bulletin Board.

(3) In accordance with Rule 457(h),  based on price upon which options for 4,700
shares and 22,000 shares may be exercised.

EXPLANATORY NOTE:
A Registration  Statement was filed on Form S-8 on August 23, 2002 (Registration
No.  333-98625)  (the "Prior  Registration  Statement"),  to register  under the
Securities  Act of 1933, as amended (the  "Securities  Act"),  100,000 shares of
First Security  Bancorp,  Inc.'s (the "Company") common stock, no par value (the
"Common Stock"),  issuable by the Company under the First Security Bancorp, Inc.
Stock  Award Plan (the  "Plan").  On March 18,  2003,  the Plan was  amended and
restated  to increase  the number of shares of Common  Stock that may be awarded
under  the Plan  from  100,000  to  200,000.  The  number  of  shares  currently
registered under the Prior Registration  Statement is 100,000. This Registration
Statement on Form S-8 has been prepared and filed  pursuant to and in accordance
with the  requirements  of General  Instruction E to Form S-8 for the purpose of
effecting the  registration  under the  Securities  Act of 1933 of an additional
100,000 shares of the Company's Common Stock issuable,  at any time or from time
to time after the date hereof,  upon exercise of stock options granted, or to be
granted,  under the Plan.  Pursuant to General  Instruction  E to Form S-8,  the
Company  hereby  incorporates  herein by  reference  the  contents  of the Prior
Registration Statement.


<PAGE>



                                     PART I
              INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Note: The document(s)  containing the information  specified in this Part I will
be  sent or  given  to  employees  as  specified  by Rule  428(b)(1)  under  the
Securities  Act. In accordance  with Rule 428 and the  requirements of Part I of
Form S-8, such  documents are not being filed with the  Securities  and Exchange
Commission (the "Commission")  either as part of this Registration  Statement or
as prospectuses or prospectus supplements pursuant to Rule 424.

                                     PART II
             INFORMATION NOT REQUIRED IN THE REGISTRATION STATEMENT

Item 3.
Incorporation of Documents by Reference

The following documents filed by the Company with the Commission are
incorporated herein by reference:

(i)      the Company's Annual Report on Form 10-KSB for the fiscal year ended
         December 31, 2002 (File No. 000-49781);
(ii)     the Company's Quarterly Report on Form 10-QSB for the quarterly period
         ended March 31, 2003 (File No. 000-49781);
(iii)    the Company's Current Report on Form 8-K dated February 24, 2003
         (File No. 000-49781);
(iv)     the Company's Current Report on Form 8-K dated March 2, 2003
         (File No. 000-49781);
(v)      the Company's Current Report on Form 8-K dated April 22, 2003
         (File No. 000-49781);
(vi)     those portions of the Company's  definitive  Proxy Statement
         (File No.  000-49781) for it's Annual Meeting of Shareholders to
              be held on May 26, 2003 that are incorporated by reference into
              Items 9, 10, 11 and 12 of the Company's Annual Report on Form
              10-KSB for the fiscal year ended December 31, 2002 (File No.
              000-49781); and
(vii)    the Company's Registration Statement on Form 8-A filed April 30, 2002
         (File No. 000-49781).

     All documents filed by the Company pursuant to Section 13(a),  13(c), 14 or
15(d) of the Exchange Act subsequent to the date of this Registration  Statement
and  prior to the  filing  of a  post-effective  amendment  indicating  that all
securities  offered hereby have been sold or  deregistering  all securities then
remaining  unsold,  shall be deemed to be  incorporated  by reference  into this
Registration  Statement  and to be a part hereof from the date of filing of such
documents.


Item 4.
Description of Securities

Not applicable.



<PAGE>


Item 5.
Interests of Named Experts and Counsel

Not applicable.

Item 6.
Indemnification of Directors and Officers

     Indemnification of corporate directors and officers is governed by Sections
271B.8-500  through  271B.8-580  of the Kentucky  Revised  Statutes (the "Act").
Under the Act, a person may be indemnified by a corporation  against  judgments,
fines,  amounts paid in settlement and reasonable expenses (included  attorneys'
fees) actually and necessarily incurred by him in connection with any threatened
or pending suit or proceeding or any appeal  thereof (other than an action by or
in the right of the  corporation),  whether civil or criminal,  by reason of the
fact that he is or was a director  or officer  of the  corporation  or is or was
serving at the request of the corporation as a director or officer,  employee or
agent of another  corporation of any type or kind,  domestic or foreign, if such
director  or  officer  acted in good  faith  for a purpose  which he  reasonably
believed to be in the best interest of the corporation  and, in criminal actions
or proceedings  only, in addition,  had no reasonable  cause to believe that his
conduct was unlawful. A Kentucky corporation may indemnify a director or officer
thereof in a suit by or in the right of the corporation  against amounts paid in
settlement and reasonable  expenses,  including  attorneys'  fees,  actually and
necessarily  incurred as a result of such suit if such director or officer acted
in good  faith  for a purpose  which he  reasonably  believed  to be in the best
interests of the corporation.

         Article VIII entitled INDEMNIFICATION, of the Company's Bylaws provides
as follows:

ARTICLE VIII

Indemnification

8.1      Definitions.  As used in this Article VIII:

     (a) "Proceeding" means any threatened, pending or completed action, suit or
         proceeding, whether civil, criminal, administrative or investigative,
         and whether formal or informal;
     (b) "Party" includes a person who was, is or is threatened to be made a
     named defendant or respondent in a Proceeding; (c) "Expenses" include
     attorneys' fees; (d) "Officer" means any person serving as Chairman of the
     Board of Directors, President, Vice-President, Treasurer,
         Secretary or any other officer of the Corporation; and
     (e) "Director" means an individual who is or was a director of the
         Corporation or an individual who, while a director of the Corporation,
         is or was serving at the request of the Corporation as a director,
         officer, partner, trustee, employee or agent of another foreign or
         domestic corporation, partnership, limited liability company,
         registered limited liability partnership, joint venture, association,
         trust, employee benefit plan or other entity. A Director shall be
         considered serving an employee benefit plan at the request of the
         Corporation if his duties to the Corporation also impose duties on, or
         otherwise involve services by, him to the plan or to participants in or
         beneficiaries of the plan. "Director" includes, unless the context
         requires otherwise, the estate or personal representative of a
         director.

8.2      Indemnification by Corporation.

     (a) The Corporation shall indemnify any Officer or Director who is made a
         Party to any Proceeding by reason of the fact that such person is or
         was an Officer or Director if: (1) Such Officer or Director conducted
         himself in good faith; and

         (2)  Such Officer or Director reasonably believed:
(i)      In the case of conduct in his official capacity  with the  Corporation,
         that his conduct was in the best interests of the Corporation; and
(ii)     In all other cases, that his conduct was at least not opposed to the
         best interests of the Corporation; and

         (3) In the case of any criminal Proceeding, he had no reasonable cause
to believe his conduct was unlawful.

     (b) A Director's conduct with respect to an employee benefit plan for a
         purpose he reasonably believes to be in the interest of the
         participants in and beneficiaries of the plan shall be conduct that
         satisfies the requirement of Section 8.2 (a)(2)(ii) of these Bylaws.

     (c) Indemnification shall be made against judgments, penalties, fines,
         settlements and reasonable Expenses, including legal Expenses, actually
         incurred by such Officer or Director in connection with the Proceeding,
         except (1) if the Proceeding was by or in the right of the Corporation,
         indemnification shall be made only against such reasonable Expenses and
         shall not be made in respect of any Proceeding in which the Officer or
         Director shall have been adjudged to be liable to the Corporation, and
         (2) if the Proceeding charged improper personal benefit to the Officer
         or Director and the Officer or Director was adjudged liable on the
         basis that improper personal benefit was improperly received by him,
         indemnification shall not be made. The termination of any Proceeding by
         judgment, order, settlement, conviction or upon a plea of nolo
         contendere or its equivalent, shall not, by itself, be determinative
         that the Officer or Director did not meet the requisite standard of
         conduct set forth in this Section 8.2.

     (d) (1) Reasonable Expenses incurred by an Officer or Director as a Party
         to a Proceeding with respect to which indemnity is to be provided under
         this Section 8.2 shall be paid or reimbursed by the Corporation in
         advance of the final disposition of such Proceeding provided:

              (i) The Corporation receives (I) a written affirmation by the
                  Officer or Director of his good faith belief that he has met
                  the requisite standard of conduct set forth in this Section
                  8.2, and (II) the Corporation receives a written undertaking
                  by or on behalf of the Officer or Director to repay such
                  amount if it shall ultimately be determined that he has not
                  met such standard of conduct; and

              (ii)The Corporation's Board of Directors (or other appropriate
                  decision maker for the Corporation) determines that the facts
                  then known to the Board of Directors (or decision maker) would
                  not preclude indemnification under Kentucky law.

         (2)  The undertaking required herein shall be an unlimited general
              obligation of the Officer or Director but shall not require any
              security and shall be accepted without reference to the financial
              ability of the Officer or Director to make repayment.

         (3)  Determinations and authorizations of payments under this Section
              8.2(d) shall be made in the manner specified in Section 8.2(e) of
              these Bylaws.

     (e) (1) The Corporation shall not indemnify an Officer or Director under
         this Section 8.2 unless authorized in the specific case after a
         determination has been made that indemnification of the Officer or
         Director is permissible in the circumstances because he has met the
         standard of conduct set forth in this Section 8.2.

         (2)  Such determination shall be made:

              (i) By the  Corporation's  Board of  Directors  by majority  vote
                  of a quorum  consisting  of  directors  not at the time
                  Parties to the Proceeding;

              (ii)If a quorum cannot be obtained under Section 8.2(e)(2)(i) of
                  these Bylaws, by majority vote of a committee duly designated
                  by the Corporation's Board of Directors (in which designation
                  directors who are Parties may participate), consisting solely
                  of two (2) or more directors not at the time Parties to the
                  Proceeding; or

              (iii)        By special legal counsel:

                   (I)Selected by the Corporation's Board of Directors or its
                      committee in the manner prescribed in Sections
                      8.2(e)(2)(i) and (ii) of these Bylaws; or
                  (II)If a quorum of the Board of Directors cannot be obtained
                      under Section 8.2(e)(2)(i) of these Bylaws and a committee
                      cannot be designated under Section 8.2(e)(2)(ii) of these
                      Bylaws, selected by a majority vote of the full Board of
                      Directors (in which selection directors who are Parties
                      may participate); or

              (iv)By the shareholders, provided that shares owned by or voted
                  under the control of Directors who are at the time Parties to
                  the Proceeding shall not be voted on the determination.

         (3)  Authorization of indemnification and evaluation as to
              reasonableness of Expenses shall be made in the same manner as the
              determination that indemnification is permissible, except that if
              the determination is made by special legal counsel, authorization
              of indemnification and evaluation as to reasonableness of Expenses
              shall be made by those entitled under Section 8.2(e)(2)(iii) of
              these Bylaws to select counsel.

8.3 Further Indemnification. Notwithstanding any limitation imposed by Section

8.2 of these  Bylaws or  elsewhere  and in addition to the  indemnification  set
forth in  Section  8.2 of these  Bylaws,  the  Corporation,  to the full  extent
permitted by law, may agree by contract or otherwise to indemnify any Officer or
Director  and  hold  him  harmless  against  any  judgments,  penalties,  fines,
settlements and reasonable Expenses actually incurred or reasonably  anticipated
in connection  with any  Proceeding in which any Officer or Director is a Party,
provided the Officer or Director was made a Party to such  Proceeding  by reason
of the fact that he is or was an Officer or  Director of the  Corporation  or by
reason of any  inaction,  nondisclosure,  action  or  statement  made,  taken or
omitted  by or on  behalf  of  the  Officer  or  Director  with  respect  to the
Corporation  or by or on behalf of the Officer or Director in his capacity as an
Officer or Director.

8.4 Insurance. The Corporation may, in the discretion of the Board of Directors,
purchase  and  maintain or cause to be  purchased  and  maintained  insurance on
behalf of all Officers and Directors against any liability asserted against them
or  incurred  by them in their  capacity  or arising  out of their  status as an
Officer or Director, to the extent such insurance is reasonably available.  Such
insurance  shall  provide such  coverage  for the Officers and  Directors as the
Board of Directors may deem appropriate.

Item 7.  Exemption from Registration Claimed.

Not applicable.

Item 8.  Exhibits

The following Exhibits are filed herein:

Exhibit No.       Description

4.1               Articles of Incorporation of First Security Bancorp, Inc.
                  (incorporated by reference to Exhibit 4.1 of the Company's
                  Registration Statement on Form SB-2 [File No. 333-43444])

4.2               Articles of Amendment to Articles of  Incorporation  of First
                  Security  Bancorp,  Inc.  (incorporated by reference to
                  Exhibit 3.2 of the Company's Registration Statement on
                  Form SB-2  [File No. 333-43444])

5                 Opinion of Stoll, Keenon & Park, LLP

10.1              First Security Bancorp, Inc. Stock Award Plan (Amended and
                  Restated as of March 18, 2003) (incorporated by reference to
                  Exhibit 10.9 of the Company's Annual Report on Form 10-KSB for
                  the fiscal year ended December 31, 2002 [File No.
                  000-49781])

23.1     Consent of Crowe Chizek and Company LLC

23.2     Consent of Stoll, Keenon & Park, LLP (included in Exhibit 5)
Item 9.  Undertakings

The undersigned registrant hereby undertakes:

(1)      The registrant will:

         (a)     File, during any period in which it offers or sells securities,
                 a  post-effective  amendment to this  registration
                 statement to:

                  (i)      Include any prospectus required by Section 10(a)(3)
                  of the Securities Act of 1933;

                  (ii) Reflect in the prospectus any facts or events which,
                  individually or together, represent a fundamental change in
                  the information in the registration statement. Notwithstanding
                  the foregoing, any increase or decrease in volume of
                  securities offered (if the total dollar value of securities
                  offered would not exceed that which was registered) and any
                  deviation from the low or high end of the estimated maximum
                  offering range may be reflected in the form of prospectus
                  filed with the Commission pursuant to Rule 424(b) if, in the
                  aggregate, the changes in volume and price represent no more
                  than a 20 percent change in the maximum aggregate offering
                  price set forth in the "Calculation of Registration Fee" table
                  in the effective registration statement.

                  (iii)   Include any additional or changed material information
                  on the plan of distribution.

         (b) For determining liability under the Securities Act, treat each
         post-effective amendment as a new registration statement of the
         securities offered, and the offering of the securities at that time to
         be the initial bona fide offering.

         (c) File a  post-effective  amendment to remove from  registration
         any of the securities that remain unsold at the end of the offering.

(2) The undersigned  small business issuer hereby  undertakes that, for purposes
of determining  any liability  under the Securities Act of 1933,  each filing of
the small business  issuer's  annual report pursuant to section 13(a) or section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing
of an employee  benefit  plan's annual  report  pursuant to section 15(d) of the
Securities  Exchange  Act of 1934)  that is  incorporated  by  reference  in the
registration  statement  shall  be  deemed  to be a new  registration  statement
relating to the securities offered therein,  and the offering of such securities
at that time shall be deemed to be the initial bona fide offering  thereof.  (3)
Insofar as indemnification  for liabilities  arising under the Securities Act of
1933 (the "Act") may be permitted to directors, officers and controlling persons
of the registrant pursuant to the foregoing provision,  or otherwise,  the small
business  issuer has been  advised  that in the  opinion of the  Securities  and
Exchange  Commission such  indemnification is against public policy as expressed
in the Act and is,  therefore,  unenforceable.  In the  event  that a claim  for
indemnification  against  such  liabilities  (other  than  the  payment  by  the
registrant of expenses  incurred or paid by a director,  officer or  controlling
person of the small  business  issuer in the  successful  defense of any action,
suit or proceeding) is asserted by such director,  officer or controlling person
in connection with the securities being registered,  the registrant will, unless
in the  opinion  of its  counsel  the matter  has been  settled  by  controlling
precedent,  submit to a court of appropriate  jurisdiction  the question whether
such  indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.


<PAGE>


                                   SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for  filing  on Form S-8 and has  duly  caused  this  registration
statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized,  in the City of Lexington,  Commonwealth  of Kentucky,  on March 18,
2003.

                                   By:      /s/ John S. Shropshire
                                  ---------------------------------------------
                                            John S. Shropshire
                                          President and Chief Executive Officer

     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
registration  statement has been signed below by the following persons on behalf
of the Registrant and in the capacities and on the date indicated.

Signature                        Title                            Date

/s/ John S. Shropshire     President, Chief Executive Officer  March 18, 2003
-----------------------    and Chairman of the Board
John S. Shropshire         of Directors
                           (Principal Executive Officer)



 /s/ John G. Sullivan       Vice President and                 April 25, 2003
------------------------    Chief Financial Officer
John G. Sullivan            (Principal Financial and
                            Accounting Officer)


____________________        Director                           ____ ___, 2003
Len Aldridge


 /s/ Dennis R. Anderson     Director                           March 18, 2003
-----------------------
Dennis R. Anderson


 /s/ John D. Barlow         Director                           ____ ___, 2003
------------------------
John D. Barlow


______________________      Director                           ____ ___, 2003
Julian E. Beard


 /s/ Harold Glenn Campbell  Director                           March 18, 2003
--------------------------
Harold Glenn Campbell

 /s/ William A. Combs, Jr.  Director                           March 18, 2003
--------------------------
William A. Combs, Jr.


______________________      Director                           ____ ___, 2003
A. F. Dawahare


/s/ Dr. Kenneth L. Gerson  Director                           March 18, 2003
-------------------------
Dr. Kenneth L. Gerson


______________________      Director                           ____ ___, 2003
Tommy R. Hall


/s/ Erle L. Levy            Director                           March 18, 2003
-----------------------
Erle L. Levy


 /s/ David R. McCulloch     Director                           March 18, 2003
---------------------------
David R. McCulloch


 /s/ Dr. Ira P. Mersack     Director                           March 18, 2003
--------------------------
Dr. Ira P. Mersack


______________________      Director                           ____ ___, 2003
Fon Rogers, II


 /s/ Robert J. Rosenstein   Director                           March 18, 2003
---------------------------
Robert J. Rosenstein


______________________      Director                           ____ ___, 2003
Nick O. Rowe


______________________      Director                          _____ ___, 2003
Dr. Ronald J. Saykaly

 /s/ Richard S. Trontz      Director                           March 18, 2003
-----------------------
Richard S. Trontz

______________________      Director                           ___ ___, 2003
William T. Vennes


 /s/ Kathy E. Walker        Director                           March 18, 2003
----------------------
Kathy E. Walker


______________________      Director                           ____ ___, 2003
D. Woodford Webb, Jr.


<PAGE>


                                  EXHIBIT INDEX

Exhibit No.       Description

4.1               Articles of Incorporation of First Security Bancorp, Inc.
                  (incorporated by reference to Exhibit 4.1 of the Company's
                  Registration Statement on Form SB-2 [File No. 333-43444])

4.2               Articles of Amendment to Articles of  Incorporation  of First
                  Security  Bancorp,  Inc.  (incorporated by reference to
                  Exhibit 3.2 of the Company's Registration Statement on
                  Form SB-2  [File No. 333-43444])

5                 Opinion of Stoll, Keenon & Park, LLP

10.1              First Security Bancorp, Inc. Stock Award Plan (Amended and
                  Restated as of March 18, 2003) (incorporated by reference to
                  Exhibit 10.9 of the Company's Annual Report on Form 10-KSB for
                  the fiscal year ended December 31, 2002 [File No.
                  000-49781])

23.1              Consent of Crowe Chizek and Company LLC

23.2              Consent of Stoll, Keenon & Park, LLP (included in Exhibit 5)



<PAGE>


EXHIBIT 5
OPINION OF STOLL, KEENON & PARK, LLP
AS TO THE VALIDITY OF THE SHARES OF FIRST SECURITY  BANCORP,  INC.  COMMON STOCK
BEING REGISTERED


May 16, 2003
First Security Bancorp, Inc.
318 East Main Street
Lexington, Kentucky 40507

Re:           100,000 Shares of Common Stock, No Par Value Per Share,
              of First Security Bancorp, Inc. a Kentucky Corporation ("Company")


Ladies and Gentlemen:

     The  undersigned  has  participated  in the  preparation  of a registration
statement  on Form  S-8  (the  "Registration  Statement")  for  filing  with the
Securities  and Exchange  Commission  in respect to up to 100,000  shares of the
Company's  common stock, no par value per share ("Common  Stock"),  which can be
issued by the Company pursuant to the First Security  Bancorp,  Inc. Stock Award
Plan (Amended and Restated as of March 18, 2003) (the "Plan").

     For purposes of rendering the opinions  expressed  herein,  the undersigned
has examined the Company's articles of incorporation and all amendments thereto;
the  Company's  bylaws  and all  amendments  thereto;  the  Plan and such of the
Company's corporate records as the undersigned has deemed necessary and material
to  rendering  the  undersigned's  opinion.  The  undersigned  has  relied  upon
certificates of public officials and representations of the Company's officials,
and has assumed that all documents  examined by the undersigned as originals are
authentic,  that all documents  submitted to the  undersigned as photocopies are
exact duplicates of original  documents and that all signatures on all documents
are genuine.

         Based upon and subject to the foregoing and subsequent assumptions,
qualifications and exceptions, it is the undersigned's opinion that:

1.       The Company is a duly organized  corporation in good standing under
         Commonwealth  of Kentucky and has all requisite power and
         authority  to issue,  sell and  deliver the  subject  securities,
         and to carry on its  business  and own its  property as now
         conducted;

2.       The shares of Common Stock to be issued by the Company in accordance
         with the terms set forth in the Registration Statement have been duly
         authorized and, when (a) the pertinent provisions of the Securities Act
         of 1933 and such "blue sky" and securities law provisions as may be
         applicable have been complied with and (b) such shares have been duly
         delivered to Plan participants as contemplated by the Registration
         Statement, such shares of Common Stock will be legally issued, fully
         paid and nonassessable.

The opinions expressed above are limited by the following assumptions,
qualifications and exceptions:

a.       The  undersigned  is licensed to practice law only in the  Commonwealth
         of Kentucky and  expresses no opinion with respect to the effect of any
         laws other than those of the Commonwealth of Kentucky and of the United
         States of America;

b.       The opinions stated herein are based upon statutes, regulations, rules,
         court decisions and other authorities existing and effective as of the
         date of this opinion, and the undersigned undertakes no responsibility
         to update or supplement said opinion in the event of or in response to
         any subsequent changes in the law or said authorities, or upon the
         occurrence after the date hereof of events or circumstances that, if
         occurring prior to the date hereof, might have resulted in different
         opinions; and

c.       These opinions are limited to the legal matters expressly set forth
         herein,  and no opinion is to be implied or inferred beyond the legal
         matters expressly so addressed.

The  undersigned  hereby  consents  to the  filing  of  this  opinion  with  the
Securities and Exchange  Commission as an exhibit to the Registration  Statement
as well as all state regulatory bodies and jurisdictions  where qualification is
sought for the sale of the subject securities.

                                           Very truly yours,

                                           /s/ Stoll, Keenon & Park, LLP




<PAGE>


Consent of Independent Public Accountants
EXHIBIT 23.1

We hereby consent to the incorporation by reference in the Form S-8 Registration
Statement of First Security Bancorp,  Inc., of our report dated January 24, 2003
on the consolidated  financial statements of First Security Bancorp, Inc., as of
December  31,  2002 and 2001 and for the years  then  ended as  included  in the
registrant's annual report on Form 10-KSB.

                                           \s\ Crowe Chizek and Company LLC
                                               Crowe Chizek and Company LLC
Lexington, Kentucky
May 16, 2003



<PAGE>


                            STOLL, KEENON & PARK, LLP
                        300 West Vine Street, Suite 2100
                            Lexington, Kentucky 40507
                                 (859) 231-3000

                                  May 16, 2003

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

         Re:  Registration Statement on Form S-8 First Security Bancorp, Inc.

Dear Sir or Madam:

     On behalf of First  Security  Bancorp,  Inc. (the  "Company"),  we transmit
herewith for filing under the Securities Act of 1933, as amended,  the Company's
Registration  Statement  on Form S-8,  dated  May 16,  2003,  together  with the
exhibits  thereto,  in connection with the  registration of 100,000 shares of no
par value Common Stock.

     The  registration fee of $159 has been wire transferred to the Commission's
account at Mellon Bank in Pittsburgh, Pennsylvania.

     Pursuant  to General  Instruction  G to Form S-8,  the within  registration
statement will become effective automatically upon filing.

                                                Very truly yours,

                                                STOLL, KEENON & PARK, LLP

                                           By:  __/s/ J. David Smith, Jr.____
                                                -----------------------
                                                     J. David Smith, Jr.
[{"type": "S-8", "sequence": "1", "filename": "bancs8.txt", "secsgml_size_bytes": 34625}]
{"company-data": {"conformed-name": "FIRST SECURITY BANCORP INC /KY/", "cik": "0001109610", "assigned-sic": "6770", "irs-number": "611364206", "state-of-incorporation": "KY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-105313", "film-number": "03708162"}, "business-address": {"street1": "400 E MAIN ST", "city": "LEXINGTON", "state": "KY", "zip": "40507", "phone": "6063673700"}, "mail-address": {"street1": "400 E MAIN ST", "city": "LEXINGTON", "state": "KY", "zip": "40507"}}
As filed with the Securities and Exchange Commission on May 16, 2003
                            Registration No. 333-_______
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
 _____________________________________________________________________
                                    Form S-8
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933
  ---------------------------------------------------------------------
                          FIRST SECURITY BANCORP, INC.
             (Exact name of registrant as specified in its charter)

                               KENTUCKY 61-1364206
                (State or other jurisdiction of (I.R.S. Employer
               incorporation or organization) Identification No.)

                 318 East Main Street, Lexington, Kentucky 40507
               (Address of Principal Executive Offices) (Zip Code)

                  First Security Bancorp, Inc. Stock Award Plan
                            (Full title of the plan)

                          John S. Shropshire, President
                          First Security Bancorp, Inc.
                              318 East Main Street
                               Lexington, KY 40507
                     (Name and address of agent for service)

                                 (859) 367-3718
          (Telephone number, including area code, of agent for service)

                         CALCULATION OF REGISTRATION FEE
Title of each                                     Proposed maximum     Proposed maximum
class of securities              Amount to be     offering price       aggregate offering    Amount of
to be registered                 registered(1)    per share            price(1)              registration fee
73,300           $19.50(2)           $1,429,350(2)             $116
Common Stock,                          4,700           $22.00(3)             $103,400(3)              $ 8
no par value                          22,000           $19.55(3)             $430,100(3)              $35
(1) On March 18, 2003,  the First  Security  Bancorp,  Inc. Stock Award Plan was
amended and  restated to increase  the number of shares of common stock that may
be  awarded  under  such plan from  100,000  to  200,000.  100,000 of the shares
issuable  under such plan were  registered  by the  Registrant  on that  certain
Registration  Statement  on Form S-8  filed  with the  Securities  and  Exchange
Commission  on August 23,  2002  (Registration  No.  333-98625).  This number of
shares represents the maximum number of additional shares which may issued under
such plan as a result of such  plan's  amendment  and  restatement  on March 18,
2003.

(2) The  exercise  price for  options for 73,300  shares is  unknown.  Estimated
solely for the purpose of  calculating  the  registration  fee  pursuant to Rule
457(c)  based on the  average  of the bid and ask  prices  on May 7, 2003 on the
Over-the-Counter Bulletin Board.

(3) In accordance with Rule 457(h),  based on price upon which options for 4,700
shares and 22,000 shares may be exercised.

EXPLANATORY NOTE:
A Registration  Statement was filed on Form S-8 on August 23, 2002 (Registration
No.  333-98625)  (the "Prior  Registration  Statement"),  to register  under the
Securities  Act of 1933, as amended (the  "Securities  Act"),  100,000 shares of
First Security  Bancorp,  Inc.'s (the "Company") common stock, no par value (the
"Common Stock"),  issuable by the Company under the First Security Bancorp, Inc.
Stock  Award Plan (the  "Plan").  On March 18,  2003,  the Plan was  amended and
restated  to increase  the number of shares of Common  Stock that may be awarded
under  the Plan  from  100,000  to  200,000.  The  number  of  shares  currently
registered under the Prior Registration  Statement is 100,000. This Registration
Statement on Form S-8 has been prepared and filed  pursuant to and in accordance
with the  requirements  of General  Instruction E to Form S-8 for the purpose of
effecting the  registration  under the  Securities  Act of 1933 of an additional
100,000 shares of the Company's Common Stock issuable,  at any time or from time
to time after the date hereof,  upon exercise of stock options granted, or to be
granted,  under the Plan.  Pursuant to General  Instruction  E to Form S-8,  the
Company  hereby  incorporates  herein by  reference  the  contents  of the Prior
Registration Statement.
PART I
              INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Note: The document(s)  containing the information  specified in this Part I will
be  sent or  given  to  employees  as  specified  by Rule  428(b)(1)  under  the
Securities  Act. In accordance  with Rule 428 and the  requirements of Part I of
Form S-8, such  documents are not being filed with the  Securities  and Exchange
Commission (the "Commission")  either as part of this Registration  Statement or
as prospectuses or prospectus supplements pursuant to Rule 424.

                                     PART II
             INFORMATION NOT REQUIRED IN THE REGISTRATION STATEMENT

Item 3.
Incorporation of Documents by Reference

The following documents filed by the Company with the Commission are
incorporated herein by reference:

(i)      the Company's Annual Report on Form 10-KSB for the fiscal year ended
         December 31, 2002 (File No. 000-49781);
(ii)     the Company's Quarterly Report on Form 10-QSB for the quarterly period
         ended March 31, 2003 (File No. 000-49781);
(iii)    the Company's Current Report on Form 8-K dated February 24, 2003
         (File No. 000-49781);
(iv)     the Company's Current Report on Form 8-K dated March 2, 2003
         (File No. 000-49781);
(v)      the Company's Current Report on Form 8-K dated April 22, 2003
         (File No. 000-49781);
(vi)     those portions of the Company's  definitive  Proxy Statement
         (File No.  000-49781) for it's Annual Meeting of Shareholders to
              be held on May 26, 2003 that are incorporated by reference into
              Items 9, 10, 11 and 12 of the Company's Annual Report on Form
              10-KSB for the fiscal year ended December 31, 2002 (File No.
              000-49781); and
(vii)    the Company's Registration Statement on Form 8-A filed April 30, 2002
         (File No. 000-49781).

     All documents filed by the Company pursuant to Section 13(a),  13(c), 14 or
15(d) of the Exchange Act subsequent to the date of this Registration  Statement
and  prior to the  filing  of a  post-effective  amendment  indicating  that all
securities  offered hereby have been sold or  deregistering  all securities then
remaining  unsold,  shall be deemed to be  incorporated  by reference  into this
Registration  Statement  and to be a part hereof from the date of filing of such
documents.

Item 4.
Description of Securities

Not applicable.
Item 5.
Interests of Named Experts and Counsel

Not applicable.

Item 6.
Indemnification of Directors and Officers

     Indemnification of corporate directors and officers is governed by Sections
271B.8-500  through  271B.8-580  of the Kentucky  Revised  Statutes (the "Act").
Under the Act, a person may be indemnified by a corporation  against  judgments,
fines,  amounts paid in settlement and reasonable expenses (included  attorneys'
fees) actually and necessarily incurred by him in connection with any threatened
or pending suit or proceeding or any appeal  thereof (other than an action by or
in the right of the  corporation),  whether civil or criminal,  by reason of the
fact that he is or was a director  or officer  of the  corporation  or is or was
serving at the request of the corporation as a director or officer,  employee or
agent of another  corporation of any type or kind,  domestic or foreign, if such
director  or  officer  acted in good  faith  for a purpose  which he  reasonably
believed to be in the best interest of the corporation  and, in criminal actions
or proceedings  only, in addition,  had no reasonable  cause to believe that his
conduct was unlawful. A Kentucky corporation may indemnify a director or officer
thereof in a suit by or in the right of the corporation  against amounts paid in
settlement and reasonable  expenses,  including  attorneys'  fees,  actually and
necessarily  incurred as a result of such suit if such director or officer acted
in good  faith  for a purpose  which he  reasonably  believed  to be in the best
interests of the corporation.

         Article VIII entitled INDEMNIFICATION, of the Company's Bylaws provides
as follows:

ARTICLE VIII

Indemnification

8.1      Definitions.  As used in this Article VIII:

     (a) "Proceeding" means any threatened, pending or completed action, suit or
         proceeding, whether civil, criminal, administrative or investigative,
         and whether formal or informal;
     (b) "Party" includes a person who was, is or is threatened to be made a
     named defendant or respondent in a Proceeding; (c) "Expenses" include
     attorneys' fees; (d) "Officer" means any person serving as Chairman of the
     Board of Directors, President, Vice-President, Treasurer,
         Secretary or any other officer of the Corporation; and
     (e) "Director" means an individual who is or was a director of the
         Corporation or an individual who, while a director of the Corporation,
         is or was serving at the request of the Corporation as a director,
         officer, partner, trustee, employee or agent of another foreign or
         domestic corporation, partnership, limited liability company,
         registered limited liability partnership, joint venture, association,
         trust, employee benefit plan or other entity. A Director shall be
         considered serving an employee benefit plan at the request of the
         Corporation if his duties to the Corporation also impose duties on, or
         otherwise involve services by, him to the plan or to participants in or
         beneficiaries of the plan. "Director" includes, unless the context
         requires otherwise, the estate or personal representative of a
         director.

8.2      Indemnification by Corporation.

     (a) The Corporation shall indemnify any Officer or Director who is made a
         Party to any Proceeding by reason of the fact that such person is or
         was an Officer or Director if: (1) Such Officer or Director conducted
         himself in good faith; and

         (2)  Such Officer or Director reasonably believed:
(i)      In the case of conduct in his official capacity  with the  Corporation,
         that his conduct was in the best interests of the Corporation; and
(ii)     In all other cases, that his conduct was at least not opposed to the
         best interests of the Corporation; and

         (3) In the case of any criminal Proceeding, he had no reasonable cause
to believe his conduct was unlawful.

     (b) A Director's conduct with respect to an employee benefit plan for a
         purpose he reasonably believes to be in the interest of the
         participants in and beneficiaries of the plan shall be conduct that
         satisfies the requirement of Section 8.2 (a)(2)(ii) of these Bylaws.

     (c) Indemnification shall be made against judgments, penalties, fines,
         settlements and reasonable Expenses, including legal Expenses, actually
         incurred by such Officer or Director in connection with the Proceeding,
         except (1) if the Proceeding was by or in the right of the Corporation,
         indemnification shall be made only against such reasonable Expenses and
         shall not be made in respect of any Proceeding in which the Officer or
         Director shall have been adjudged to be liable to the Corporation, and
         (2) if the Proceeding charged improper personal benefit to the Officer
         or Director and the Officer or Director was adjudged liable on the
         basis that improper personal benefit was improperly received by him,
         indemnification shall not be made. The termination of any Proceeding by
         judgment, order, settlement, conviction or upon a plea of nolo
         contendere or its equivalent, shall not, by itself, be determinative
         that the Officer or Director did not meet the requisite standard of
         conduct set forth in this Section 8.2.

     (d) (1) Reasonable Expenses incurred by an Officer or Director as a Party
         to a Proceeding with respect to which indemnity is to be provided under
         this Section 8.2 shall be paid or reimbursed by the Corporation in
         advance of the final disposition of such Proceeding provided:

              (i) The Corporation receives (I) a written affirmation by the
                  Officer or Director of his good faith belief that he has met
                  the requisite standard of conduct set forth in this Section
                  8.2, and (II) the Corporation receives a written undertaking
                  by or on behalf of the Officer or Director to repay such
                  amount if it shall ultimately be determined that he has not
                  met such standard of conduct; and

              (ii)The Corporation's Board of Directors (or other appropriate
                  decision maker for the Corporation) determines that the facts
                  then known to the Board of Directors (or decision maker) would
                  not preclude indemnification under Kentucky law.

         (2)  The undertaking required herein shall be an unlimited general
              obligation of the Officer or Director but shall not require any
              security and shall be accepted without reference to the financial
              ability of the Officer or Director to make repayment.

         (3)  Determinations and authorizations of payments under this Section
              8.2(d) shall be made in the manner specified in Section 8.2(e) of
              these Bylaws.

     (e) (1) The Corporation shall not indemnify an Officer or Director under
         this Section 8.2 unless authorized in the specific case after a
         determination has been made that indemnification of the Officer or
         Director is permissible in the circumstances because he has met the
         standard of conduct set forth in this Section 8.2.

         (2)  Such determination shall be made:

              (i) By the  Corporation's  Board of  Directors  by majority  vote
                  of a quorum  consisting  of  directors  not at the time
                  Parties to the Proceeding;

              (ii)If a quorum cannot be obtained under Section 8.2(e)(2)(i) of
                  these Bylaws, by majority vote of a committee duly designated
                  by the Corporation's Board of Directors (in which designation
                  directors who are Parties may participate), consisting solely
                  of two (2) or more directors not at the time Parties to the
                  Proceeding; or

              (iii)        By special legal counsel:

                   (I)Selected by the Corporation's Board of Directors or its
                      committee in the manner prescribed in Sections
                      8.2(e)(2)(i) and (ii) of these Bylaws; or
                  (II)If a quorum of the Board of Directors cannot be obtained
                      under Section 8.2(e)(2)(i) of these Bylaws and a committee
                      cannot be designated under Section 8.2(e)(2)(ii) of these
                      Bylaws, selected by a majority vote of the full Board of
                      Directors (in which selection directors who are Parties
                      may participate); or

              (iv)By the shareholders, provided that shares owned by or voted
                  under the control of Directors who are at the time Parties to
                  the Proceeding shall not be voted on the determination.

         (3)  Authorization of indemnification and evaluation as to
              reasonableness of Expenses shall be made in the same manner as the
              determination that indemnification is permissible, except that if
              the determination is made by special legal counsel, authorization
              of indemnification and evaluation as to reasonableness of Expenses
              shall be made by those entitled under Section 8.2(e)(2)(iii) of
              these Bylaws to select counsel.

8.3 Further Indemnification. Notwithstanding any limitation imposed by Section

8.2 of these  Bylaws or  elsewhere  and in addition to the  indemnification  set
forth in  Section  8.2 of these  Bylaws,  the  Corporation,  to the full  extent
permitted by law, may agree by contract or otherwise to indemnify any Officer or
Director  and  hold  him  harmless  against  any  judgments,  penalties,  fines,
settlements and reasonable Expenses actually incurred or reasonably  anticipated
in connection  with any  Proceeding in which any Officer or Director is a Party,
provided the Officer or Director was made a Party to such  Proceeding  by reason
of the fact that he is or was an Officer or  Director of the  Corporation  or by
reason of any  inaction,  nondisclosure,  action  or  statement  made,  taken or
omitted  by or on  behalf  of  the  Officer  or  Director  with  respect  to the
Corporation  or by or on behalf of the Officer or Director in his capacity as an
Officer or Director.

8.4 Insurance. The Corporation may, in the discretion of the Board of Directors,
purchase  and  maintain or cause to be  purchased  and  maintained  insurance on
behalf of all Officers and Directors against any liability asserted against them
or  incurred  by them in their  capacity  or arising  out of their  status as an
Officer or Director, to the extent such insurance is reasonably available.  Such
insurance  shall  provide such  coverage  for the Officers and  Directors as the
Board of Directors may deem appropriate.

Item 7.  Exemption from Registration Claimed.

Not applicable.

Item 8.  Exhibits

The following Exhibits are filed herein:

Exhibit No.       Description

4.1               Articles of Incorporation of First Security Bancorp, Inc.
                  (incorporated by reference to Exhibit 4.1 of the Company's
                  Registration Statement on Form SB-2 [File No. 333-43444])

4.2               Articles of Amendment to Articles of  Incorporation  of First
                  Security  Bancorp,  Inc.  (incorporated by reference to
                  Exhibit 3.2 of the Company's Registration Statement on
                  Form SB-2  [File No. 333-43444])

5                 Opinion of Stoll, Keenon & Park, LLP

10.1              First Security Bancorp, Inc. Stock Award Plan (Amended and
                  Restated as of March 18, 2003) (incorporated by reference to
                  Exhibit 10.9 of the Company's Annual Report on Form 10-KSB for
                  the fiscal year ended December 31, 2002 [File No.
                  000-49781])

23.1     Consent of Crowe Chizek and Company LLC

23.2     Consent of Stoll, Keenon & Park, LLP (included in Exhibit 5)
Item 9.  Undertakings

The undersigned registrant hereby undertakes:

(1)      The registrant will:

         (a)     File, during any period in which it offers or sells securities,
                 a  post-effective  amendment to this  registration
                 statement to:

                  (i)      Include any prospectus required by Section 10(a)(3)
                  of the Securities Act of 1933;

                  (ii) Reflect in the prospectus any facts or events which,
                  individually or together, represent a fundamental change in
                  the information in the registration statement. Notwithstanding
                  the foregoing, any increase or decrease in volume of
                  securities offered (if the total dollar value of securities
                  offered would not exceed that which was registered) and any
                  deviation from the low or high end of the estimated maximum
                  offering range may be reflected in the form of prospectus
                  filed with the Commission pursuant to Rule 424(b) if, in the
                  aggregate, the changes in volume and price represent no more
                  than a 20 percent change in the maximum aggregate offering
                  price set forth in the "Calculation of Registration Fee" table
                  in the effective registration statement.

                  (iii)   Include any additional or changed material information
                  on the plan of distribution.

         (b) For determining liability under the Securities Act, treat each
         post-effective amendment as a new registration statement of the
         securities offered, and the offering of the securities at that time to
         be the initial bona fide offering.

         (c) File a  post-effective  amendment to remove from  registration
         any of the securities that remain unsold at the end of the offering.

(2) The undersigned  small business issuer hereby  undertakes that, for purposes
of determining  any liability  under the Securities Act of 1933,  each filing of
the small business  issuer's  annual report pursuant to section 13(a) or section
15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing
of an employee  benefit  plan's annual  report  pursuant to section 15(d) of the
Securities  Exchange  Act of 1934)  that is  incorporated  by  reference  in the
registration  statement  shall  be  deemed  to be a new  registration  statement
relating to the securities offered therein,  and the offering of such securities
at that time shall be deemed to be the initial bona fide offering  thereof.  (3)
Insofar as indemnification  for liabilities  arising under the Securities Act of
1933 (the "Act") may be permitted to directors, officers and controlling persons
of the registrant pursuant to the foregoing provision,  or otherwise,  the small
business  issuer has been  advised  that in the  opinion of the  Securities  and
Exchange  Commission such  indemnification is against public policy as expressed
in the Act and is,  therefore,  unenforceable.  In the  event  that a claim  for
indemnification  against  such  liabilities  (other  than  the  payment  by  the
registrant of expenses  incurred or paid by a director,  officer or  controlling
person of the small  business  issuer in the  successful  defense of any action,
suit or proceeding) is asserted by such director,  officer or controlling person
in connection with the securities being registered,  the registrant will, unless
in the  opinion  of its  counsel  the matter  has been  settled  by  controlling
precedent,  submit to a court of appropriate  jurisdiction  the question whether
such  indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for  filing  on Form S-8 and has  duly  caused  this  registration
statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized,  in the City of Lexington,  Commonwealth  of Kentucky,  on March 18,
2003.

                                   By:      /s/ John S. Shropshire
                                  ---------------------------------------------
                                            John S. Shropshire
                                          President and Chief Executive Officer

     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
registration  statement has been signed below by the following persons on behalf
of the Registrant and in the capacities and on the date indicated.

Signature                        Title                            Date

/s/ John S. Shropshire     President, Chief Executive Officer  March 18, 2003
-----------------------    and Chairman of the Board
John S. Shropshire         of Directors
                           (Principal Executive Officer)

 /s/ John G. Sullivan       Vice President and                 April 25, 2003
------------------------    Chief Financial Officer
John G. Sullivan            (Principal Financial and
                            Accounting Officer)

____________________        Director                           ____ ___, 2003
Len Aldridge

 /s/ Dennis R. Anderson     Director                           March 18, 2003
-----------------------
Dennis R. Anderson

 /s/ John D. Barlow         Director                           ____ ___, 2003
------------------------
John D. Barlow

______________________      Director                           ____ ___, 2003
Julian E. Beard

 /s/ Harold Glenn Campbell  Director                           March 18, 2003
--------------------------
Harold Glenn Campbell

 /s/ William A. Combs, Jr.  Director                           March 18, 2003
--------------------------
William A. Combs, Jr.

______________________      Director                           ____ ___, 2003
A. F. Dawahare

/s/ Dr. Kenneth L. Gerson  Director                           March 18, 2003
-------------------------
Dr. Kenneth L. Gerson

______________________      Director                           ____ ___, 2003
Tommy R. Hall

/s/ Erle L. Levy            Director                           March 18, 2003
-----------------------
Erle L. Levy

 /s/ David R. McCulloch     Director                           March 18, 2003
---------------------------
David R. McCulloch

 /s/ Dr. Ira P. Mersack     Director                           March 18, 2003
--------------------------
Dr. Ira P. Mersack

______________________      Director                           ____ ___, 2003
Fon Rogers, II

 /s/ Robert J. Rosenstein   Director                           March 18, 2003
---------------------------
Robert J. Rosenstein

______________________      Director                           ____ ___, 2003
Nick O. Rowe

______________________      Director                          _____ ___, 2003
Dr. Ronald J. Saykaly

 /s/ Richard S. Trontz      Director                           March 18, 2003
-----------------------
Richard S. Trontz

______________________      Director                           ___ ___, 2003
William T. Vennes

 /s/ Kathy E. Walker        Director                           March 18, 2003
----------------------
Kathy E. Walker

______________________      Director                           ____ ___, 2003
D. Woodford Webb, Jr.
EXHIBIT INDEX

Exhibit No.       Description

4.1               Articles of Incorporation of First Security Bancorp, Inc.
                  (incorporated by reference to Exhibit 4.1 of the Company's
                  Registration Statement on Form SB-2 [File No. 333-43444])

4.2               Articles of Amendment to Articles of  Incorporation  of First
                  Security  Bancorp,  Inc.  (incorporated by reference to
                  Exhibit 3.2 of the Company's Registration Statement on
                  Form SB-2  [File No. 333-43444])

5                 Opinion of Stoll, Keenon & Park, LLP

10.1              First Security Bancorp, Inc. Stock Award Plan (Amended and
                  Restated as of March 18, 2003) (incorporated by reference to
                  Exhibit 10.9 of the Company's Annual Report on Form 10-KSB for
                  the fiscal year ended December 31, 2002 [File No.
                  000-49781])

23.1              Consent of Crowe Chizek and Company LLC

23.2              Consent of Stoll, Keenon & Park, LLP (included in Exhibit 5)
EXHIBIT 5
OPINION OF STOLL, KEENON & PARK, LLP
AS TO THE VALIDITY OF THE SHARES OF FIRST SECURITY  BANCORP,  INC.  COMMON STOCK
BEING REGISTERED

May 16, 2003
First Security Bancorp, Inc.
318 East Main Street
Lexington, Kentucky 40507

Re:           100,000 Shares of Common Stock, No Par Value Per Share,
              of First Security Bancorp, Inc. a Kentucky Corporation ("Company")

Ladies and Gentlemen:

     The  undersigned  has  participated  in the  preparation  of a registration
statement  on Form  S-8  (the  "Registration  Statement")  for  filing  with the
Securities  and Exchange  Commission  in respect to up to 100,000  shares of the
Company's  common stock, no par value per share ("Common  Stock"),  which can be
issued by the Company pursuant to the First Security  Bancorp,  Inc. Stock Award
Plan (Amended and Restated as of March 18, 2003) (the "Plan").

     For purposes of rendering the opinions  expressed  herein,  the undersigned
has examined the Company's articles of incorporation and all amendments thereto;
the  Company's  bylaws  and all  amendments  thereto;  the  Plan and such of the
Company's corporate records as the undersigned has deemed necessary and material
to  rendering  the  undersigned's  opinion.  The  undersigned  has  relied  upon
certificates of public officials and representations of the Company's officials,
and has assumed that all documents  examined by the undersigned as originals are
authentic,  that all documents  submitted to the  undersigned as photocopies are
exact duplicates of original  documents and that all signatures on all documents
are genuine.

         Based upon and subject to the foregoing and subsequent assumptions,
qualifications and exceptions, it is the undersigned's opinion that:

1.       The Company is a duly organized  corporation in good standing under
         Commonwealth  of Kentucky and has all requisite power and
         authority  to issue,  sell and  deliver the  subject  securities,
         and to carry on its  business  and own its  property as now
         conducted;

2.       The shares of Common Stock to be issued by the Company in accordance
         with the terms set forth in the Registration Statement have been duly
         authorized and, when (a) the pertinent provisions of the Securities Act
         of 1933 and such "blue sky" and securities law provisions as may be
         applicable have been complied with and (b) such shares have been duly
         delivered to Plan participants as contemplated by the Registration
         Statement, such shares of Common Stock will be legally issued, fully
         paid and nonassessable.

The opinions expressed above are limited by the following assumptions,
qualifications and exceptions:

a.       The  undersigned  is licensed to practice law only in the  Commonwealth
         of Kentucky and  expresses no opinion with respect to the effect of any
         laws other than those of the Commonwealth of Kentucky and of the United
         States of America;

b.       The opinions stated herein are based upon statutes, regulations, rules,
         court decisions and other authorities existing and effective as of the
         date of this opinion, and the undersigned undertakes no responsibility
         to update or supplement said opinion in the event of or in response to
         any subsequent changes in the law or said authorities, or upon the
         occurrence after the date hereof of events or circumstances that, if
         occurring prior to the date hereof, might have resulted in different
         opinions; and

c.       These opinions are limited to the legal matters expressly set forth
         herein,  and no opinion is to be implied or inferred beyond the legal
         matters expressly so addressed.

The  undersigned  hereby  consents  to the  filing  of  this  opinion  with  the
Securities and Exchange  Commission as an exhibit to the Registration  Statement
as well as all state regulatory bodies and jurisdictions  where qualification is
sought for the sale of the subject securities.

                                           Very truly yours,

                                           /s/ Stoll, Keenon & Park, LLP
Consent of Independent Public Accountants
EXHIBIT 23.1

We hereby consent to the incorporation by reference in the Form S-8 Registration
Statement of First Security Bancorp,  Inc., of our report dated January 24, 2003
on the consolidated  financial statements of First Security Bancorp, Inc., as of
December  31,  2002 and 2001 and for the years  then  ended as  included  in the
registrant's annual report on Form 10-KSB.

                                           \s\ Crowe Chizek and Company LLC
                                               Crowe Chizek and Company LLC
Lexington, Kentucky
May 16, 2003
STOLL, KEENON & PARK, LLP
                        300 West Vine Street, Suite 2100
                            Lexington, Kentucky 40507
                                 (859) 231-3000

                                  May 16, 2003

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

         Re:  Registration Statement on Form S-8 First Security Bancorp, Inc.

Dear Sir or Madam:

     On behalf of First  Security  Bancorp,  Inc. (the  "Company"),  we transmit
herewith for filing under the Securities Act of 1933, as amended,  the Company's
Registration  Statement  on Form S-8,  dated  May 16,  2003,  together  with the
exhibits  thereto,  in connection with the  registration of 100,000 shares of no
par value Common Stock.

     The  registration fee of $159 has been wire transferred to the Commission's
account at Mellon Bank in Pittsburgh, Pennsylvania.

     Pursuant  to General  Instruction  G to Form S-8,  the within  registration
statement will become effective automatically upon filing.

                                                Very truly yours,

                                                STOLL, KEENON & PARK, LLP

                                           By:  __/s/ J. David Smith, Jr.____
                                                -----------------------
                                                     J. David Smith, Jr.