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                      Securities and Exchange Commission 
                           Washington, D.C. 20549 


                               Form 10-QSB/A

   [X]  Quarterly Report Pursuant to Section 13 or 15(d) 
        of the Securities Exchange Act of 1934 

        For the Quarterly Period Ended March 31,1995

   [ ]  Transition Report Pursuant to Section 13 or 15(d) 
        of the Securities Exchange Act of 1934 

        For the Transition Period  

                       Commission File Number 0-16362 

                          First Franklin Corporation 
             (Exact Name of Registrant as Specified in its Charter) 


        Delaware                                  31-1221029
(State or Other Jurisdiction of                (I.R.S. Employer
Incorporation or Organization)               Identification Number)

     401 East Court Street, Cincinnati, Ohio          45202
    (Address of Principal Executive Offices)        (Zip Code)

      Registrant's Telephone Number, including Area Code  (513) 721-1031

Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act
of 1934 during the preceding twelve months (or for such shorter period that
the Registrant was required to file such reports) and (2) has been subject
to such requirements for the past 90 days.

                                        Yes  [X]     NO  [ ] 


As of March 31,1995, there were issued and outstanding 1,175,786 shares of
the Registrant's Common Stock.

     Transitional Small Business Format (check one)
                                        Yes  [ ]     NO  [X] 
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Item 6.  EXHIBITS AND REPORTS ON FORM 8-K

         Exhibit 27.  Financial Data Schedule


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this amended report to be signed on its behalf
by the undersigned, thereunto duly authorized.

                                              FIRST FRANKLIN CORPORATION

                                              /s/ Daniel T. Voelpel
                                              ______________________
                                              Daniel T. Voelpel
                                              Vice President and
                                              Chief Financial Officer

Date: June 23, 1995                                
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