First Franklin (FFHS) SC 13D/A FIRST FRANKLIN / SIEMERS THOMAS H ownership change

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 16 )*

First Franklin Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

320272 10 7

(CUSIP Number)

Terri Reyering Abare
Vorys, Sater, Seymour and Pease LLP
Suite 2000, Atrium Two
221 East Fourth Street
Cincinnati, Ohio 45202
(513) 723-4001

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

December 31, 2009

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.o

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 30243C 10 7   SCHEDULE 13D 

1.	NAMES OF REPORTING PERSONS Thomas H. Siemers I.R.S. Identification Nos. of above persons (entities only)
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a)   o
	(b)   þ
3.	SEC USE ONLY
4.	SOURCE OF FUNDS (SEE INSTRUCTIONS)
	PF
5.	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
	o
6.	CITIZENSHIP OR PLACE OF ORGANIZATION
	United States
		7.	SOLE VOTING POWER
NUMBER OF			207,367
SHARES		8.	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			49,007
EACH		9.	SOLE DISPOSITIVE POWER
REPORTING
PERSON			167,538
WITH		10.	SHARED DISPOSITIVE POWER
			248,207
11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	415,745
12.	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	o
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	24.7%
14.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	IN

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CUSIP No. 30243C 10 7   SCHEDULE 13D 

1.	NAMES OF REPORTING PERSONS The Franklin Savings and Loan Company Employee Stock Ownership Plan I.R.S. Identification Nos. of above persons (entities only) 31-1230691
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a)   o
	(b)   þ
3.	SEC USE ONLY
4.	SOURCE OF FUNDS (SEE INSTRUCTIONS)
	OO
5.	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
	o
6.	CITIZENSHIP OR PLACE OF ORGANIZATION
	Ohio
		7.	SOLE VOTING POWER
NUMBER OF			-0-
SHARES		8.	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			-0-
EACH		9.	SOLE DISPOSITIVE POWER
REPORTING
PERSON			-0-
WITH		10.	SHARED DISPOSITIVE POWER
			214,551
11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	214,551
12.	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	o
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	12.8%
14.	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	EP

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Item 1.	Security and Issuer
	Common shares, par value $.01 per share, of First Franklin Corporation (the “Issuer”).
Item 2.	Identity and Background

(a)	Thomas H. Siemers
	The Franklin Savings and Loan Company Employee Stock Ownership Plan
(b)	Thomas H. Siemers
	4750 Ashwood Drive
	Cincinnati, Ohio 45241
	The Franklin Savings and Loan Company Employee Stock Ownership Plan
	4750 Ashwood Drive
	Cincinnati, Ohio 45241
(c)	Mr. Siemers is the President and Chief Executive Officer of the Issuer and the Chairman of The Franklin Savings and Loan Company (“Franklin”) .
(d)	Mr. Siemers has not been convicted in any criminal proceeding in the past five years.
(e)	Mr. Siemers has not been a party to any civil proceeding regarding state or federal securities laws.
(f)	Mr. Siemers is a citizen of the United States.

Item 3.	Source and Amount of Funds or Other Consideration
	The source of funds for Mr. Siemers is personal. The source of funds for The Franklin Savings and Loan Company Employee Stock Ownership Plan (the “ESOP”) is contributions to the ESOP by Franklin, which is a wholly-owned subsidiary of the Issuer.
Item 4.	Purpose of Transaction
	Shares beneficially owned by Mr. Siemers have been acquired for investment. The ESOP, for which Mr. Siemers serves as trustee, is maintained for the benefit of the employees of Franklin and may purchase or dispose of shares of the Issuer.
Item 5.	Interest in Securities of the Issuer.

(a)

Mr. Siemers beneficially owns 415,745 shares, which is 24.7% of the total issued and outstanding common shares of the Issuer. The ESOP beneficially owns 214,551 shares, which is 12.8% of the total issued and outstanding common shares of the Issuer. Mr. Siemers is the trustee of the ESOP.

(b)

Mr. Siemers has sole voting power with respect to 162,663 shares which he owns directly, 4,875 shares subject to vested stock options that he holds and 39,829 shares allocated to his ESOP account. Mr. Siemers has shared voting power with respect to 33,656 shares held by his spouse and 15,351 unallocated ESOP shares for which the ESOP grants voting power to the ESOP administrative committee, of which Mr. Siemers is a member. Mr. Siemers has sole dispositive power with respect to the 162,663 shares he owns directly and the 4,875 shares subject to options. Mr. Siemers has shared

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	dispositive power with respect to the 33,656 shares held by his spouse and the 214,551 shares owned by the ESOP.
	At December 31, 2009, there were 214,551 shares of the Issuer owned by the ESOP. Under the terms of the ESOP, the trustee votes all of the shares allocated to the accounts of participants as directed by the participants to whose accounts such shares have been allocated. Neither Mr. Siemers nor the ESOP has voting power over shares allocated to others. As of December 31, 2009, 159,371 shares were allocated to accounts of ESOP participants besides Mr. Siemers.
	The trustee has limited power to dispose of the ESOP shares, as set forth in the ESOP and the related trust agreement. The trustee is directed by the ESOP to invest ESOP assets primarily in shares of the Issuer.
	The ESOP expressly disclaims beneficial ownership of any shares of the Issuer beneficially owned by Mr. Siemers that are not reported above as being owned by both of them. Mr. Siemers expressly disclaims beneficial ownership of shares of the Issuer owned by his adult children who do not live with him.
(c)	Not applicable.
(d)	Not applicable.
(e)	Not applicable.

Item 6.	Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
	None.
Item 7.	Material to be Filed as Exhibits
	None.

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Signature

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 8, 2010

	THE FRANKLIN SAVINGS AND LOAN COMPANY EMPLOYEE STOCK OWNERSHIP PLAN
/s/ Thomas H. Siemers	/s/ Thomas H Siemers
Thomas H. Siemers	Thomas H. Siemers, Trustee

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