As filed with the Securities and Exchange Commission on May 3, 2007
                                                     Registration No. 333-116450
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                             ----------------------

                        POST-EFFECTIVE AMENDMENT NO. 1 TO
                                    FORM S-8
                          REGISTRATION STATEMENT UNDER
                           THE SECURITIES ACT OF 1933

                             ----------------------

                          COMMUNITY FIRST BANCORP, INC.
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)

              Maryland                                36-4526348
- -------------------------------                    ----------------
(State or Other Jurisdiction of                    (I.R.S. Employer
Incorporation or Organization)                    Identification No.)

                             2420 North Main Street
                          Madisonville, Kentucky 42431
                    ----------------------------------------
                    (Address of Principal Executive Offices)

              Community First Bancorp, Inc. 2004 Stock Option Plan
              ----------------------------------------------------
                            (Full Title of the Plan)

                           William M. Tandy, President
                          Community First Bancorp, Inc.
                             2420 North Main Street
                          Madisonville, Kentucky 42431
                          ----------------------------
                     (Name and Address of Agent For Service)


                                 (207) 326-3500
          -------------------------------------------------------------
          (Telephone Number, Including Area Code, of Agent For Service)

                                   Copies To:
                            James C. Stewart, Esquire
                            Malizia Spidi & Fisch, PC
                            901 New York Avenue, N.W.
                                 Suite 210 East
                             Washington, D.C. 20001
                                 (202) 434-4660

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                       DEREGISTRATION OF UNSOLD SECURITIES

         This  Post-Effective  Amendment  No.  1  relates  to  the  Registration
Statement on Form S-8 (File No.  333-116450) (the  "Registration  Statement") of
Community First Bancorp, Inc. (the "Company") pertaining to 27,725 shares of the
Company's  common stock, par value $0.01 per share ("Common  Stock"),  which was
filed with the Securities and Exchange  Commission and became  effective on June
14, 2004. The Registration  Statement  registered the 27,725 shares for issuance
pursuant to options issued under the Community  First  Bancorp,  Inc. 2004 Stock
Option Plan (the "Plan").  Effective on the date of this filing,  the Company is
terminating  its reporting  obligations  under  Sections  12(g) and 15(d) of the
Securities  Exchange Act of 1934 and terminating the offering of shares pursuant
to the  Registration  Statement.  In accordance with the undertaking made by the
Company in the Registration  Statement to remove from registration by means of a
post-effective  amendment,  any of the  securities  which  remain  unsold at the
termination of the offering,  the Company hereby removes from  registration  the
securities  of  the  Company   registered  but  unsold  under  the  Registration
Statement.

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                                      - 1 -



                                   SIGNATURES

         Pursuant  to the  requirements  of the  Securities  Act  of  1933,  the
Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized,  in the City of  Madisonville,  Commonwealth of Kentucky,  on May 3,
2007.

                                        COMMUNITY FIRST BANCORP, INC.

                                        By:     /s/William M. Tandy
                                                --------------------------------
                                                William M. Tandy
                                                President and Chief Executive
                                                (Duly Authorized Representative)

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration  Statement  has been signed below by the  following  persons in the
capacities and on the dates indicated.



                                             

/s/William M. Tandy                               /s/Ralph T. Teague*
- -----------------------------------------------   -------------------------------------------
William M. Tandy                                  Ralph T. Teague
President, Chief Executive Officer and Director   Vice Chairman and Director
(Principal Executive Officer)

Date:    May 3, 2007                              Date:    May 3, 2007


/s/Paul W. Arison*                                /s/Charlotte E. Baldwin*
- -----------------------------------------------   -------------------------------------------
Paul W. Arison                                    Charlotte E. Baldwin
Director                                          Director

Date:    May 3, 2007                              Date:    May 3, 2007


/s/J. Craig Riddle*                               /s/Charles  B. Vaughn*
- -----------------------------------------------   -------------------------------------------
J. Craig Riddle                                   Charles B. Vaughn
Director                                          Director

Date:    May 3, 2007                              Date:    May 3, 2007


/s/Steven E. Carson*                              /s/Amy D. Lyons
- -----------------------------------------------   -------------------------------------------
Steven E. Carson                                  Amy D. Lyons
Director                                          Chief Financial Officer
                                                  (Principal Financial and Accounting Officer)

Date:    May 3, 2007                              Date:    May 3, 2007


*By:     /s/William M. Tandy
         --------------------------------------
         William M. Tandy
         Attorney-in-Fact