As filed with the Securities and Exchange Commission on May 3, 2007
                                                     Registration No. 333-125769

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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 Bank 2005 Restricted Stock 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.  333-125769) (the  "Registration  Statement") of
Community First Bancorp,  Inc. (the "Company") pertaining to 8,331 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
13, 2005. The  Registration  Statement  registered the 8,331 shares for issuance
pursuant to the Community  First Bank 2005  Restricted  Stock 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
ammendment,  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*
- -----------------------------------------------       ---------------------------------------------
President, Chief Executive Officer and Director       Ralph T. Teague
(Principal Executive Officer)                         Vice Chairman and Director

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