SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



                  Date of Report (Date of earliest event reported)
                               October 19, 1999




                            CLASSIC BANCSHARES, INC.
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         (Exact name of Registrant as specified in its Charter)


            Delaware                   0-27170                61-1289391
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(State or other jurisdiction  (Commission File No.)      (IRS Employer
  of incorporation)                                       Identification No.)



       344 17th Street, Ashland, Kentucky                           41101
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  (Address of principal executive offices)                        (Zip Code)




        Registrant's telephone number, including area code: (606) 325-4789
                                                            --------------


                                       N/A
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           (Former name or former address, if changed since last report)



Item 5.     Other Events

     On October 19,  1999,  the  Registrant  issued the press  release  attached
hereto as Exhibit 99 announcing its earnings for the quarter ended September 30,
1999 and the declaration of a cash dividend.

Item 7.     Financial Statements and Exhibits

     (a)     Exhibits

            99 Press release dated October 19, 1999.




                                   SIGNATURES


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

                                        CLASSIC BANCSHARES, INC.




Date: October 25, 1999                  By: /s/Lisah M. Frazier
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                                        Lisah M. Frazier, Vice President,
                                        Treasurer and Chief Financial
                                        Officer