As filed with the Securities and Exchange Commission on June 13, 2005
                                                  Registration No. 333-_________

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                             ----------------------

                          Community First Bancorp, Inc.
           ----------------------------------------------------------
             (Exact name of Registrant as specified in its charter)

           Maryland                                             36-4526348
-------------------------------------                       ------------------
(State or other jurisdiction of                             (I.R.S. Employer
incorporation or organization)                              Identification No.)

                             2420 North Main Street
                          Madisonville, Kentucky 42431
                          ----------------------------
                    (Address of principal executive offices)

                 Community First Bank 2005 Restricted Stock Plan
           ----------------------------------------------------------
                            (Full Title of the Plan)

                                William M. Tandy
                                    President
                             2420 North Main Street
                          Madisonville, Kentucky 42431
                          ----------------------------
            (Name, address and telephone number of agent for service)

                                   Copies to:
                             James C. Stewart, Esq.
                               Richard Fisch, Esq.
                              Evan M. Seigel, Esq.
                            Malizia Spidi & Fisch, PC
                           1100 New York Avenue, N.W.
                                 Suite 340 West
                             Washington, D.C. 20005
                                 (202) 434-4660
                          ----------------------------
<TABLE>
<CAPTION>
                                        CALCULATION OF REGISTRATION FEE
=============================================================================================================
   Title of                            Proposed Maximum         Proposed Maximum
 Securities to     Amount to be            Offering            Aggregate Offering    Amount of Registration
 be Registered    Registered (1)      Price Per Share(2)            Price (2)               Fee (2)
 -------------    --------------      ------------------            ----------             --------
<C>              <C>                      <C>                      <C>                     <C>
Common Stock
$0.01 par value    8,331 shares             $11.50                   $95,807                 $11.28
per share
</TABLE>

(1)      The maximum number of shares of Common Stock issuable upon awards to be
         granted  under the  Community  First  Bank 2005  Restricted  Stock Plan
         consists of 8,331 shares are being registered  under this  Registration
         Statement and for which a registration fee is being paid. Additionally,
         an indeterminate  number of additional shares may be offered and issued
         to prevent  dilution  resulting from stock splits,  stock  dividends or
         similar transactions.
(2)      An aggregate of 8,331 shares are being  registered  hereby,  based upon
         the  average  of the bid and ask  prices  of the  Common  Stock  of the
         Registrant  as reported on the OTC Bulletin  Board on June 9, 2005,  of
         $11.50 per share ($95,807 in the aggregate).

         This Registration  Statement shall become effective  automatically upon
the date of filing,  in accordance  with Section 8(a) of the  Securities  Act of
1933 ("1933 Act") and Rule 462 of the 1933 Act.
<PAGE>

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

Item 1.  Plan Information. *
------

Item 2.  Registrant Information and Employee Plan Annual Information. *
------

         *This  Registration  Statement  relates  to the  registration  of 8,331
shares of Community First Bancorp,  Inc. (the "Company" or "Registrant")  common
stock,  $.01 par value per share (the  "Common  Stock")  issuable to  employees,
officers and directors of the Registrant or its subsidiary as  compensation  for
services in accordance with the Community First Bank 2005 Restricted  Stock Plan
under which 8,331 shares are issuable (the  "Plan").  Documents  containing  the
information  required by Part I of this  Registration  Statement will be sent or
given to participants in the Plan as specified by Rule 428(b)(1). Such documents
are not 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, in reliance on Rule 428.

                                     PART II
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Certain Documents by Reference.
------

         The Company became  subject to the  informational  requirements  of the
Securities  Exchange  Act of 1934  (the  "1934  Act")  on  June  26,  2003  and,
accordingly,  files periodic reports and other  information with the Commission.
Reports,  proxy  statements and other  information  concerning the Company filed
with the  Commission  may be inspected and copies may be obtained (at prescribed
rates) at the  Commission's  Public  Reference  Section,  Room  1024,  450 Fifth
Street, N.W., Washington, D.C. 20549.

         The following  documents filed by the Company are  incorporated in this
Registration Statement by reference:

         (a) The  Company's  Annual  Report on Form  10-KSB  for the Year  Ended
December 31, 2004, as filed with the Commission;

         (b) The Company's Quarterly Report on Form 10-QSB for the quarter ended
March 31, 2005, as filed with the Commission; and

         (c) Form 8-K filed on May 20, 2005; and

         (d) The  description  of the  Company's  securities as contained in the
Company's  Registration  Statement on Form 8-A, as filed with the  Commission on
June 26, 2003.

         All documents  subsequently  filed by the Company  pursuant to Sections
13(a),  13(c),  14,  and  15(d)  of the  1934  Act,  prior  to the  filing  of a
post-effective  amendment which indicates that all securities  offered have been
sold or which  deregisters all securities then remaining  unsold shall be deemed
to be incorporated by reference in this Registration  Statement and to be a part
hereof from the date of filing of such documents.

                                       2

<PAGE>

Item 4.  Description of Securities.
------

         Not Applicable

Item 5.  Interests of Named Experts and Counsel.
------

         Not Applicable

Item 6.  Indemnification of Directors and Officers.
------

         Section  2-418 of the  Maryland  General  Corporation  Law  sets  forth
circumstances  under  which  directors,  officers,  employees  and agents may be
insured  or  indemnified  against  liability  which  they  may  incur  in  their
capacities as such.

         The Articles of Incorporation  of the Company (the "Articles")  require
indemnification  of  directors,  officers and  employees  to the fullest  extent
permitted by Maryland law.

         The Company may purchase and maintain insurance on behalf of any person
who is or was a director,  officer,  employee,  or agent of the Company or is or
was serving at the request of the  Company as a director,  officer,  employee or
agent  of  another  corporation,  partnership,  joint  venture,  trust  or other
enterprise against any liability asserted against him and incurred by him in any
such  capacity or arising out of his status as such,  whether or not the Company
would  have the  power  to  indemnify  him  against  such  liability  under  the
provisions of the Articles.

         The Company believes that these provisions assist the Company in, among
other things,  attracting and retaining  qualified  persons to serve the Company
and its subsidiary.  However,  a result of such provisions  could be to increase
the expenses of the Company and  effectively  reduce the ability of stockholders
to sue on behalf of the Company  since  certain suits could be barred or amounts
that might  otherwise be obtained on behalf of the Company  could be required to
be repaid by the Company to an indemnified party.

         Additionally,  the  Company  has in  force  a  directors  and  officers
liability policy underwritten by Chubb Group with a $2.0 million aggregate limit
of  liability  and an aggregate  deductible  of $25,000 per loss both for claims
directly  against  officers  and  directors  and for claims where the Company is
required to indemnify directors and officers.

         Insofar as indemnification for liabilities arising under the Securities
Act of 1933 ("1933  Act") may be permitted to  directors,  officers,  or persons
controlling the Company  pursuant to the foregoing  provisions,  the Company has
been informed that in the opinion of the Securities and Exchange Commission such
indemnification  is against  public  policy as  expressed in the 1933 Act and is
therefore unenforceable.

Item 7.  Exemption from Registration Claimed.
------

         Not Applicable

Item 8.  Exhibits.
------

         For a  list  of  all  exhibits  filed  or  included  as  part  of  this
Registration Statement,  see "Index to Exhibits" at the end of this Registration
Statement.

                                        3

<PAGE>

Item 9.  Undertakings.
------

         (a) The undersigned Registrant hereby undertakes:

                  (1) To file,  during any  period in which  offers or sales are
                  being made, a  post-effective  amendment to this  Registration
                  Statement;

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

                  (ii) To reflect in the  prospectus any facts or events arising
                  after the effective date of the Registration Statement (or the
                  most   recent   post-effective   amendment   thereof)   which,
                  individually  or in the  aggregate,  represent  a  fundamental
                  change  in the  information  set  forth  in  the  Registration
                  Statement;

                  (iii) To include any material  information with respect to the
                  plan  of   distribution   not  previously   disclosed  in  the
                  Registration   Statement  or  any  material   change  to  such
                  information in the Registration Statement;

provided however,  that paragraphs  (a)(1)(i) and (a)(1)(ii) do not apply if the
Registration Statement is on Form S-3, Form S-8, and the information required to
be included in a  post-effective  amendment by those  paragraphs is contained in
periodic reports filed by the Registrant  pursuant to Section 13 or 15(d) of the
1934 Act that are incorporated by reference in the Registration Statement.

                  (2) That, for the purpose of determining  any liability  under
the 1933 Act,  each such  post-effective  amendment  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) To remove from  registration by means of a  post-effective
amendment  any of the  securities  being  registered  which remain unsold at the
termination of the offering.

         (b) The undersigned  Registrant hereby undertakes that, for purposes of
determining  any  liability  under the 1933 Act each filing of the  Registrant's
annual  report  pursuant to section 13(a) or section 15(d) of the 1934 Act (and,
where  applicable,  each  filing of an employee  benefit  plan's  annual  report
pursuant to section 15(d) of the 1934 Act) 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.

         (c) The undersigned Registrant hereby undertakes to deliver or cause to
be delivered with the prospectus,  to each person to whom the prospectus is sent
or given, the latest annual report,  to security holders that is incorporated by
reference  in  the  prospectus  and  furnished   pursuant  to  and  meeting  the
requirements  of Rule 14a-3 or Rule 14c-3 under the 1934 Act; and, where interim
financial information required to be presented by Article 3 of Regulation S-X is
not set forth in the  prospectus,  to deliver,  or cause to be delivered to each
person to whom the prospectus is sent or given, the latest quarterly report that
is  specifically  incorporated  by reference in the  prospectus  to provide such
interim financial information.

         (d) Insofar as indemnification  for liabilities  arising under the 1933
Act may be permitted to  directors,  officers,  and  controlling  persons of the
Registrant pursuant to the foregoing  provisions,  or otherwise,  the Registrant
has been advised that in the opinion of the Securities and Exchange Commission

                                        4

<PAGE>

such  indemnification  is against public policy as expressed in the 1933 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 Registrant
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  expressed  in the 1933 Act and will be  governed by the
final adjudication of such issue.

                                        5

<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 Madisonville in the Commonwealth of Kentucky, on the
10th day of June 2005.

                                 Community First Bancorp, Inc.


                                 By:      /s/ William M. Tandy
                                          --------------------------------------
                                          William M. Tandy
                                          President and Chief Executive Officer
                                          (Duly Authorized Representative)

                                POWER OF ATTORNEY

         We, the undersigned  directors and officers of Community First Bancorp,
Inc., do hereby  severally  constitute and appoint  William M. Tandy as our true
and lawful attorney and agent, to do any and all things and acts in our names in
the capacities indicated below and to execute any and all instruments for us and
in our names in the capacities  indicated  below which said William M. Tandy may
deem necessary or advisable to enable  Community First Bancorp,  Inc., to comply
with the  Securities  Act of 1933, as amended,  and any rules,  regulations  and
requirements of the Securities and Exchange  Commission,  in connection with the
Registration  Statement  on  Form  S-8  relating  to the  registrant,  including
specifically,  but not limited to, power and authority to sign, for any of us in
our names in the capacities indicated below, the Registration  Statement and any
and all amendments (including post-effective  amendments) thereto; and we hereby
ratify and confirm  all that said  William M. Tandy shall do or cause to be done
by virtue hereof.

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration  Statement  has been signed below by the  following  persons in the
capacities indicated as of the date indicated.

<TABLE>
<CAPTION>
<S>                                              <C>
/s/ William M. Tandy                                   /s/ Michael D. Wortham
-----------------------------------------------        --------------------------------------------
William M. Tandy                                       Michael D. Wortham
President, Chief Executive Officer and Director        Vice President and Director
(Principal Executive Officer)                          (Principal Financial and Accounting Officer)

Date: June 10, 2005                                    Date: June 10, 2005


/s/ Ralph T. Teague                                    /s/ Paul W. Arison
-----------------------------------------------        --------------------------------------------
Ralph T. Teague                                        Paul W. Arison
Director                                               Director

Date: June 10, 2005                                    Date: June 10, 2005


/s/ Charlotte E. Baldwin                               /s/ Charles G. Ramsey
-----------------------------------------------        --------------------------------------------
Charlotte E. Baldwin                                   Charles G. Ramsey
Director                                               Director

Date: June 10, 2005                                    Date: June 10, 2005


<PAGE>




/s/ J. Craig Riddle                                    /s/ Charles B. Vaughn
-----------------------------------------------        --------------------------------------------
J. Craig Riddle                                        Charles B. Vaughn
Director                                               Director

Date: June 10, 2005                                    Date: June 10, 2005


/s/ Steven E. Carson
-----------------------------------------------
Steven E. Carson
Director

Date: June 10, 2005

</TABLE>

<PAGE>

                                INDEX TO EXHIBITS





Exhibit                Description
-------                -----------


     4.1     Community First Bank 2005 Restricted Stock Plan


     4.2     Form of Stock Award Agreement


     4.3     Form of Stock Award Tax Notice


     5.1     Opinion of Malizia Spidi & Fisch, PC as to the validity of the
             Common Stock being registered


    23.1     Consent of Malizia Spidi & Fisch, PC (appears in their opinion
             filed as Exhibit 5.1)


    23.2     Consent of BKD, LLP


     24      Reference is made to the Signatures section of this
             Registration Statement for the Power of Attorney contained
             therein
[{"type": "S-8", "sequence": "1", "filename": "s8_061305-0348.txt", "description": "FORM", "secsgml_size_bytes": 19560}]
{"company-data": {"conformed-name": "COMMUNITY FIRST BANCORP INC", "cik": "0001224499", "assigned-sic": "6035", "irs-number": "364526348", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-125769", "film-number": "05892657"}, "business-address": {"street1": "240 SOUTH MAIN STREET", "city": "MADISONVILLE", "state": "KY", "zip": "42431", "phone": "2708217211"}, "mail-address": {"street1": "240 S MAIN STREET", "city": "MADISONVILLE", "state": "KY", "zip": "42431"}}
As filed with the Securities and Exchange Commission on June 13, 2005
                                                  Registration No. 333-_________

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                             ----------------------

                          Community First Bancorp, Inc.
           ----------------------------------------------------------
             (Exact name of Registrant as specified in its charter)

           Maryland                                             36-4526348
-------------------------------------                       ------------------
(State or other jurisdiction of                             (I.R.S. Employer
incorporation or organization)                              Identification No.)

                             2420 North Main Street
                          Madisonville, Kentucky 42431
                          ----------------------------
                    (Address of principal executive offices)

                 Community First Bank 2005 Restricted Stock Plan
           ----------------------------------------------------------
                            (Full Title of the Plan)

                                William M. Tandy
                                    President
                             2420 North Main Street
                          Madisonville, Kentucky 42431
                          ----------------------------
            (Name, address and telephone number of agent for service)

                                   Copies to:
                             James C. Stewart, Esq.
                               Richard Fisch, Esq.
                              Evan M. Seigel, Esq.
                            Malizia Spidi & Fisch, PC
                           1100 New York Avenue, N.W.
                                 Suite 340 West
                             Washington, D.C. 20005
                                 (202) 434-4660
                          ----------------------------
CALCULATION OF REGISTRATION FEE
=============================================================================================================
   Title of                            Proposed Maximum         Proposed Maximum
 Securities to     Amount to be            Offering            Aggregate Offering    Amount of Registration
 be Registered    Registered (1)      Price Per Share(2)            Price (2)               Fee (2)
 -------------    --------------      ------------------            ----------             --------
Common Stock
$0.01 par value    8,331 shares             $11.50                   $95,807                 $11.28
per share
(1)      The maximum number of shares of Common Stock issuable upon awards to be
         granted  under the  Community  First  Bank 2005  Restricted  Stock Plan
         consists of 8,331 shares are being registered  under this  Registration
         Statement and for which a registration fee is being paid. Additionally,
         an indeterminate  number of additional shares may be offered and issued
         to prevent  dilution  resulting from stock splits,  stock  dividends or
         similar transactions.
(2)      An aggregate of 8,331 shares are being  registered  hereby,  based upon
         the  average  of the bid and ask  prices  of the  Common  Stock  of the
         Registrant  as reported on the OTC Bulletin  Board on June 9, 2005,  of
         $11.50 per share ($95,807 in the aggregate).

         This Registration  Statement shall become effective  automatically upon
the date of filing,  in accordance  with Section 8(a) of the  Securities  Act of
1933 ("1933 Act") and Rule 462 of the 1933 Act.
PART I
              INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Item 1.  Plan Information. *
------

Item 2.  Registrant Information and Employee Plan Annual Information. *
------

         *This  Registration  Statement  relates  to the  registration  of 8,331
shares of Community First Bancorp,  Inc. (the "Company" or "Registrant")  common
stock,  $.01 par value per share (the  "Common  Stock")  issuable to  employees,
officers and directors of the Registrant or its subsidiary as  compensation  for
services in accordance with the Community First Bank 2005 Restricted  Stock Plan
under which 8,331 shares are issuable (the  "Plan").  Documents  containing  the
information  required by Part I of this  Registration  Statement will be sent or
given to participants in the Plan as specified by Rule 428(b)(1). Such documents
are not 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, in reliance on Rule 428.

                                     PART II
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Certain Documents by Reference.
------

         The Company became  subject to the  informational  requirements  of the
Securities  Exchange  Act of 1934  (the  "1934  Act")  on  June  26,  2003  and,
accordingly,  files periodic reports and other  information with the Commission.
Reports,  proxy  statements and other  information  concerning the Company filed
with the  Commission  may be inspected and copies may be obtained (at prescribed
rates) at the  Commission's  Public  Reference  Section,  Room  1024,  450 Fifth
Street, N.W., Washington, D.C. 20549.

         The following  documents filed by the Company are  incorporated in this
Registration Statement by reference:

         (a) The  Company's  Annual  Report on Form  10-KSB  for the Year  Ended
December 31, 2004, as filed with the Commission;

         (b) The Company's Quarterly Report on Form 10-QSB for the quarter ended
March 31, 2005, as filed with the Commission; and

         (c) Form 8-K filed on May 20, 2005; and

         (d) The  description  of the  Company's  securities as contained in the
Company's  Registration  Statement on Form 8-A, as filed with the  Commission on
June 26, 2003.

         All documents  subsequently  filed by the Company  pursuant to Sections
13(a),  13(c),  14,  and  15(d)  of the  1934  Act,  prior  to the  filing  of a
post-effective  amendment which indicates that all securities  offered have been
sold or which  deregisters all securities then remaining  unsold shall be deemed
to be incorporated by reference in this Registration  Statement and to be a part
hereof from the date of filing of such documents.

                                       2
Item 4.  Description of Securities.
------

         Not Applicable

Item 5.  Interests of Named Experts and Counsel.
------

         Not Applicable

Item 6.  Indemnification of Directors and Officers.
------

         Section  2-418 of the  Maryland  General  Corporation  Law  sets  forth
circumstances  under  which  directors,  officers,  employees  and agents may be
insured  or  indemnified  against  liability  which  they  may  incur  in  their
capacities as such.

         The Articles of Incorporation  of the Company (the "Articles")  require
indemnification  of  directors,  officers and  employees  to the fullest  extent
permitted by Maryland law.

         The Company may purchase and maintain insurance on behalf of any person
who is or was a director,  officer,  employee,  or agent of the Company or is or
was serving at the request of the  Company as a director,  officer,  employee or
agent  of  another  corporation,  partnership,  joint  venture,  trust  or other
enterprise against any liability asserted against him and incurred by him in any
such  capacity or arising out of his status as such,  whether or not the Company
would  have the  power  to  indemnify  him  against  such  liability  under  the
provisions of the Articles.

         The Company believes that these provisions assist the Company in, among
other things,  attracting and retaining  qualified  persons to serve the Company
and its subsidiary.  However,  a result of such provisions  could be to increase
the expenses of the Company and  effectively  reduce the ability of stockholders
to sue on behalf of the Company  since  certain suits could be barred or amounts
that might  otherwise be obtained on behalf of the Company  could be required to
be repaid by the Company to an indemnified party.

         Additionally,  the  Company  has in  force  a  directors  and  officers
liability policy underwritten by Chubb Group with a $2.0 million aggregate limit
of  liability  and an aggregate  deductible  of $25,000 per loss both for claims
directly  against  officers  and  directors  and for claims where the Company is
required to indemnify directors and officers.

         Insofar as indemnification for liabilities arising under the Securities
Act of 1933 ("1933  Act") may be permitted to  directors,  officers,  or persons
controlling the Company  pursuant to the foregoing  provisions,  the Company has
been informed that in the opinion of the Securities and Exchange Commission such
indemnification  is against  public  policy as  expressed in the 1933 Act and is
therefore unenforceable.

Item 7.  Exemption from Registration Claimed.
------

         Not Applicable

Item 8.  Exhibits.
------

         For a  list  of  all  exhibits  filed  or  included  as  part  of  this
Registration Statement,  see "Index to Exhibits" at the end of this Registration
Statement.

                                        3
Item 9.  Undertakings.
------

         (a) The undersigned Registrant hereby undertakes:

                  (1) To file,  during any  period in which  offers or sales are
                  being made, a  post-effective  amendment to this  Registration
                  Statement;

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

                  (ii) To reflect in the  prospectus any facts or events arising
                  after the effective date of the Registration Statement (or the
                  most   recent   post-effective   amendment   thereof)   which,
                  individually  or in the  aggregate,  represent  a  fundamental
                  change  in the  information  set  forth  in  the  Registration
                  Statement;

                  (iii) To include any material  information with respect to the
                  plan  of   distribution   not  previously   disclosed  in  the
                  Registration   Statement  or  any  material   change  to  such
                  information in the Registration Statement;

provided however,  that paragraphs  (a)(1)(i) and (a)(1)(ii) do not apply if the
Registration Statement is on Form S-3, Form S-8, and the information required to
be included in a  post-effective  amendment by those  paragraphs is contained in
periodic reports filed by the Registrant  pursuant to Section 13 or 15(d) of the
1934 Act that are incorporated by reference in the Registration Statement.

                  (2) That, for the purpose of determining  any liability  under
the 1933 Act,  each such  post-effective  amendment  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) To remove from  registration by means of a  post-effective
amendment  any of the  securities  being  registered  which remain unsold at the
termination of the offering.

         (b) The undersigned  Registrant hereby undertakes that, for purposes of
determining  any  liability  under the 1933 Act each filing of the  Registrant's
annual  report  pursuant to section 13(a) or section 15(d) of the 1934 Act (and,
where  applicable,  each  filing of an employee  benefit  plan's  annual  report
pursuant to section 15(d) of the 1934 Act) 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.

         (c) The undersigned Registrant hereby undertakes to deliver or cause to
be delivered with the prospectus,  to each person to whom the prospectus is sent
or given, the latest annual report,  to security holders that is incorporated by
reference  in  the  prospectus  and  furnished   pursuant  to  and  meeting  the
requirements  of Rule 14a-3 or Rule 14c-3 under the 1934 Act; and, where interim
financial information required to be presented by Article 3 of Regulation S-X is
not set forth in the  prospectus,  to deliver,  or cause to be delivered to each
person to whom the prospectus is sent or given, the latest quarterly report that
is  specifically  incorporated  by reference in the  prospectus  to provide such
interim financial information.

         (d) Insofar as indemnification  for liabilities  arising under the 1933
Act may be permitted to  directors,  officers,  and  controlling  persons of the
Registrant pursuant to the foregoing  provisions,  or otherwise,  the Registrant
has been advised that in the opinion of the Securities and Exchange Commission

                                        4
such  indemnification  is against public policy as expressed in the 1933 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 Registrant
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  expressed  in the 1933 Act and will be  governed by the
final adjudication of such issue.

                                        5
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 Madisonville in the Commonwealth of Kentucky, on the
10th day of June 2005.

                                 Community First Bancorp, Inc.

                                 By:      /s/ William M. Tandy
                                          --------------------------------------
                                          William M. Tandy
                                          President and Chief Executive Officer
                                          (Duly Authorized Representative)

                                POWER OF ATTORNEY

         We, the undersigned  directors and officers of Community First Bancorp,
Inc., do hereby  severally  constitute and appoint  William M. Tandy as our true
and lawful attorney and agent, to do any and all things and acts in our names in
the capacities indicated below and to execute any and all instruments for us and
in our names in the capacities  indicated  below which said William M. Tandy may
deem necessary or advisable to enable  Community First Bancorp,  Inc., to comply
with the  Securities  Act of 1933, as amended,  and any rules,  regulations  and
requirements of the Securities and Exchange  Commission,  in connection with the
Registration  Statement  on  Form  S-8  relating  to the  registrant,  including
specifically,  but not limited to, power and authority to sign, for any of us in
our names in the capacities indicated below, the Registration  Statement and any
and all amendments (including post-effective  amendments) thereto; and we hereby
ratify and confirm  all that said  William M. Tandy shall do or cause to be done
by virtue hereof.

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration  Statement  has been signed below by the  following  persons in the
capacities indicated as of the date indicated.
/s/ William M. Tandy                                   /s/ Michael D. Wortham
-----------------------------------------------        --------------------------------------------
William M. Tandy                                       Michael D. Wortham
President, Chief Executive Officer and Director        Vice President and Director
(Principal Executive Officer)                          (Principal Financial and Accounting Officer)

Date: June 10, 2005                                    Date: June 10, 2005

/s/ Ralph T. Teague                                    /s/ Paul W. Arison
-----------------------------------------------        --------------------------------------------
Ralph T. Teague                                        Paul W. Arison
Director                                               Director

Date: June 10, 2005                                    Date: June 10, 2005

/s/ Charlotte E. Baldwin                               /s/ Charles G. Ramsey
-----------------------------------------------        --------------------------------------------
Charlotte E. Baldwin                                   Charles G. Ramsey
Director                                               Director

Date: June 10, 2005                                    Date: June 10, 2005
/s/ J. Craig Riddle                                    /s/ Charles B. Vaughn
-----------------------------------------------        --------------------------------------------
J. Craig Riddle                                        Charles B. Vaughn
Director                                               Director

Date: June 10, 2005                                    Date: June 10, 2005

/s/ Steven E. Carson
-----------------------------------------------
Steven E. Carson
Director

Date: June 10, 2005
INDEX TO EXHIBITS

Exhibit                Description
-------                -----------

     4.1     Community First Bank 2005 Restricted Stock Plan

     4.2     Form of Stock Award Agreement

     4.3     Form of Stock Award Tax Notice

     5.1     Opinion of Malizia Spidi & Fisch, PC as to the validity of the
             Common Stock being registered

    23.1     Consent of Malizia Spidi & Fisch, PC (appears in their opinion
             filed as Exhibit 5.1)

    23.2     Consent of BKD, LLP

     24      Reference is made to the Signatures section of this
             Registration Statement for the Power of Attorney contained
             therein