Exhibit 23.1

                         CONSENT OF INDEPENDENT AUDITOR



We  have  issued  our  report dated January 31, 2003, accompanying the financial
statements  of  First Security Group, Inc. as of December 31, 2002 and 2001, and
for  each of the three years in the period ended December 31, 2002, contained in
Form  10-K.  We  consent  to  the use of the aforementioned report in Form 10-K.


                        JOSEPH DECOSIMO AND COMPANY, LLP


Chattanooga, Tennessee
March 31, 2003