Mail Stop 4561 									February 23, 2006 Mr. Anderson L. Smith President, Chief Executive Officer and Director Jefferson Bancshares, Inc. 120 Evans Avenue Morristown, Tennessee 37814 Via Mail and Facsimile (423) 714-1276 Re:	Jefferson Bancshares, Inc. 		Form 10-K for the period ended June 30, 2005 		Form 10-Q for the quarter ended September 30, 2005 		File No. 1-31689 Dear Mr. Smith: 	We have completed our review of your Form 10-K and related filings and have no further comments at this time. 								Sincerely, 								Joyce Sweeney Accounting Branch Chief