Pursuant to the requirements of Item 9.01(a) and 9.01(b) of Form 8-K, Jefferson Bancshares, Inc. hereby files this Amendment No. 1 to its Current Report on Form 8-K initially filed with the Securities and Exchange Commission on November 4, 2008 with the financial information required by Item 9.01.

a. Financial Statements of Businesses Acquired.

The historical financial information of State of Franklin Bancshares, Inc. required by this Item 9.01(a) is incorporated herein by reference to Exhibit 99.1 to this Report.

b. Pro Forma Financial Information.

The pro forma financial information required by this Item 9.01(b) is incorporated herein by reference to Exhibit 99.2 to this Report. The pro forma data is presented for comparative purposes only and is not indicative of the future financial position or results of operations of the combined company.

d. Exhibits.

 Exhibit
 Number    Description
 99.1      Historical Financial Information of State of Franklin Bancshares, Inc.

 99.2      Pro Forma Financial Information