FELDMAN FINANCIAL ADVISORS, INC.
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                                                   1725 K STREET, NW - SUITE 205
                                                             WASHINGTON, DC 2006
                                             (202) 467-6862 - FAX (202) 467-6963


May 10, 2003



Board of Directors
Community First Bank
240 South Main Street
Madisonville, KY  42431-2558

Gentlemen:

We hereby  consent to the use of our name and summary of our valuation  opinion,
as referenced in the Form AC Application for Conversion (the "Application"), and
amendments  thereto,  filed by Community First Bank (the "Bank") with the Office
of Thrift Supervision,  regarding the estimated aggregate pro forma market value
of the Bank in  connection  with its  conversion  from  mutual to stock form and
simultaneous  offering  for sale the common  stock of its newly  formed  holding
company, Community First Bancorp, Inc. (the "Company").

We also consent to reference in the Application the summary of our opinion as to
the value of subscription  rights granted by the Bank. We further consent to the
use  of our  name  and  summary  opinions  as  noted  above  in  the  Form  SB-2
Registration  Statement,  and amendments thereto,  filed by the Company with the
Securities and Exchange Commission.

Sincerely,

/s/Feldman Financial Advisors, Inc.

FELDMAN FINANCIAL ADVISORS, INC.