x	Quarterly Report Under Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended June 30, 2004 or
o	Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition period from___________ to ___________

(Exact Name of Registrant as Specified in Its Charter)

Tennessee	62-1721072
(State or Other Jurisdiction of Incorporation or Organization)	(I.R.S. Employer I.D. Number)

114 West College Street, Murfreesboro, Tennessee	37130
(Address of Principal Executive Offices)	(Zip Code)

(615) 893-1234

Registrant’s telephone number, including area code

Yes x

No o

Yes x

No o

Part I	Financial Information	Page
Item 1.	Financial Statements
	Consolidated Balance Sheets at June 30, 2004 (unaudited) and December 31, 2003	1-2
	Consolidated Statements of Income (unaudited) for the Three Months and Six Months Ended June 30, 2004 and 2003	3
	Consolidated Statements of Comprehensive Income (unaudited) for the Three Months and Six Months Ended June 30, 2004 and 2003	4
	Consolidated Statements of Cash Flows (unaudited) for the Six Months
	Ended June 30, 2004 and 2003	5
	Notes to Consolidated Financial Statements (unaudited)	6-9
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	9-14
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	14-15
Item 4.	Controls and Procedures	15-16
Part II	Other Information	17
Item 2.	Changes in Securities, Use of Proceeds and Issuer Purchases of Equity Securities	17
Item 3.	Defaults Upon Senior Securities	17
Item 4.	Submission of Matters to a Vote of Security Holders	17
Item 5.	Other Information	17
Item 6.	Exhibits and Reports on Form 8-K	18
Signatures		19

		June 30,			December 31,
Assets		2004			2003
			(Unaudited)
Cash		$	13,629			32,946
Interest-bearing deposits with other financial institutions			19,136			37,967
Cash and cash equivalents			32,765			70,913
Investment securities available-for-sale at fair value (amortized cost: $41,970 and $55,136 at June 30, 2004 and December 31, 2003, respectively)			41,268			55,123
Loans held for sale, at estimated fair value			3,922			2,648
Loans receivable, net of allowances for loan losses of $4,600 at June 30, 2004 and $4,525 at December 31, 2003			409,383			350,412
Accrued interest receivable			1,599			1,668
Office properties and equipment, net			18,005			18,431
Required investments in stock of Federal Home Loan Bank and Federal Reserve Bank, at cost			3,057			2,992
Foreclosed assets			8			-
Bank owned life insurance			8,426			8,308
Goodwill			1,772			1,772
Other assets			3,376			2,905
Total assets		$	523,581			515,172
Liabilities and Shareholders’ Equity
Liabilities:
Deposits:
Non-interest-bearing		$	88,575			72,443
Interest-bearing			372,364			381,814
Total deposits			460,939			454,257
Advances from Federal Home Loan Bank of Cincinnati			2,862			2,889
Accrued expenses and other liabilities			5,022			3,599
Total liabilities			468,823			460,745
Shareholders’ equity:
Preferred stock, no par value
Authorized- 250,000 shares; none issued or outstanding at June 30, 2004 and December 31, 2003			-			-
Common stock, no par value
Authorized- 49,750,000 shares; issued and outstanding 6,734,049 and 6,834,873 at June 30, 2004 and December 31, 2003, respectively			9,172			10,175
Retained earnings			48,045			46,633
Unallocated ESOP shares			(2,017	)		(2,373	)
Accumulated other comprehensive loss, net of tax			(442	)		(8	)
Total shareholders’ equity			54,758			54,427
Total liabilities and shareholders’ equity		$	523,581			515,172

		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2004			2003			2004			2003
Interest income:
Loans		$	5,572			5,045			10,844			10,069
Investment securities:
Taxable			305			306			647			589
Non-taxable			31			-			38			-
Other			52			101			142			227
Total interest income			5,960			5,452			11,671			10,885
Interest expense – deposits			1,245			1,399			2,514			2,918
Interest expense – borrowings			24			25			48			49
Total interest expense			1,269			1,424			2,562			2,967
Net interest income			4,691			4,028			9,109			7,918
Provision for loan losses			75			45			176			101
Net interest income after provision for loan losses			4,616			3,983			8,933			7,817
Non-interest income:
Servicing income			47			60			93			131
Gain on sale of loans, net			816			1,702			1,402			3,024
Gain on sale of other assets			-			-			53			-
Gain on sale of investment securities, net			12			-			78			11
Deposit servicing fees and charges			1,310			1,192			2,535			2,247
Trust service fees			274			248			566			494
Commissions and other non-banking fees			594			650			1,249			1,350
Other operating income			198			163			462			377
Total non-interest income			3,251			4,015			6,438			7,634
Non-interest expenses:
Salaries and employee benefits			3,659			3,877			7,232			7,536
Occupancy expense			329			344			655			659
Supplies, communications and other office expenses			265			252			483			505
Advertising expense