UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.   )*

(Name of Issuer)
KLAMATH FIRST BANCORP INC.

(Title of Class of Securities)
Common Stock


(CUSIP Number)
49842P103

Check the following box if a fee
is being paid with this statement.
 (A fee is not required only if the
filing person:  (1) has a previous statement
 on file reporting beneficial ownership of
 more than five percent of the class of securities
 described in Item 1; and (2) has filed no amendment
 subsequent thereto reporting beneficial ownership
 of five percent or less of such class.)
(See Rule 13d-7).

*The remainder of this cover page shall
be filled out for a reporting persons initial
 filing on this form with respect to the
subject class of securities, and for any
subsequent amendment containing information
which would alter the disclosures provided
 in a prior cover page.

The information required in the remainder
 of this cover page shall not be deemed to
be filed for the purpose of Section 18 of
 the Securities Exchange Act of 1934 (Act)
 or otherwise subject to the liabilities of
 that section of the Act but shall be subject
to all other provisions of the Act
(however, see the Notes).


1  NAME OF REPORTING PERSON   S.S. OR I.R.S. IDENTIFICATION NO. OF PERSON
	THOMSON HORSTMANN & BRYANT, INC.
	22-3508647

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
	N/A

3  SEC USE ONLY

4  CITIZENSHIP OR PLACE OF ORGANIZATION
	A DELAWARE CORPORATION
	SADDLE BROOK, NJ  07663

5  SOLE VOTING POWER
	282,100

6  SHARED VOTING POWER
	0

7  SOLE DISPOSITIVE POWER
	506,500

8  SHARED DISPOSITIVE POWER
	NONE

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	506,500

10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
	N/A

11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	6.91%

12  TYPE OF REPORTING PERSON *
	IA

ITEM 1.
	(A) KLAMATH FIRST BANCORP INC.
	(B) 540 MAIN ST., KLAMATH FALLS, OR 97601

ITEM 2.
	(A) THOMSON HORSTMANN & BRYANT, INC.
	(B) PARK 80 WEST, PLAZA TWO, SADDLE BROOK, NJ 07663
	(C) A DELAWARE CORPORATION
	(D) COMMON
	(E) 49842P103

ITEM 3.
	(E) INVESTMENT ADVISER REGISTERED
UNDER SECTION 203 OF THE INVESTMENT
		    ADVISERS ACT OF 1940

ITEM 4.
	(A)  506,500
	(B)  6.91%
	(C)	(I)	282,100
		(II)	0
		(III)	506,500
		(IV)	NONE

ITEM 5.  N/A

ITEM 6.  N/A

ITEM 7.  N/A

ITEM 8.  N/A

ITEM 9.  N/A


ITEM 10. CERTIFICATION
	By signing below I certify that,
 to the best of my knowledge and belief,
 the securities referred to above were acquired
in the ordinary course of business and were not
 acquired for the purpose of and do not have the
 effect of changing or influencing the control
 of the issuer of such securities and were not
 acquired in connection with or as a participant
in any transaction having such purposes or effect.

SIGNATURE

After reasonable inquiry and to the best
 of my knowledge and belief, I certify
 that the information set forth in this
 statement is true, complete and correct.

							Richard A. Horstmann, VP
							Date:    2/5/01