SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   FORM 12b-25

                         Commission File Number: 0-8880

                           NOTIFICATION OF LATE FILING

            (Check One): /X/ Form 10-K(SB) / / Form 11-K / / Form 2-F
                          / / Form 10-Q / / Form N-SAR

                         For Period Ended: MAY 31, 2002

  / / Transition Report on Form 10-K / / Transition Report on Form 10-Q
 / / Transition Report on Form 20-F / / Transition Report on Form N-SAR
  / / Transition Report on Form 11-K

               For Transition Period Ended: ______________________

             READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM.
                              PLEASE PRINT OR TYPE.

         Nothing in this Form shall be  construed  to imply that the  Commission
has verified any information contained herein.

         If the  notification  relates to a portion of the filing checked above,
identify the item(s) to which the notification relates: ______________________

                    ----------------------------------------

                         Part I. REGISTRANT INFORMATION

Full name of registrant:  THE BANKER'S STORE, INC.
                          ------------------------------------

Former name if applicable:
                           -----------------------------------

Address of principal executive office
(Street and number):  1535 Memphis Junction Road
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City State and Zip Code:            Bowling Green, KY 42101
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                                    PART II.
                             RULE 12b-25 (B) AND (C)

         If the subject report could not be filed without unreasonable effort or
expense and the  registrant  seeks relief  pursuant to this Rule 12b-25 (b), the
following should be completed. (Check box if appropriate.)


[X]        (a) The reasons  described in  reasonable  detail in Part III of this
           form could not be eliminated without unreasonable effort or expense;

[X]        (b) The subject annual report on Form  10-K(SB),  will be filed on or
           filed  on  or  before  the  fifteenth   calendar  day  following  the
           prescribed due date; and

[ ]        (c) The accountant's statement or other exhibit required by
           Rule 12b-25(c) has been attached if applicable.



                                    PART III.
                                    NARRATIVE

         State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q,  N-SAR or the transition  report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)

         The  Registrant is unable to file the subject report in a timely manner
because certain sections of the report are in the process of being revised.


                                    PART IV.
                                OTHER INFORMATION

          (1) Name and  telephone  number of person to contact in regard to this
     notification



 Paul Clark                             (270) 781-8453
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   (Name)                       (Area Code)  (Telephone Number)

     (2) Have all other periodic  reports required under Section 13 of 15 (d) of
the Securities  Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940  during the  preceding  12 months or for such  shorter  period  that the
registrant was required to file such report(s) been filed?  If the answer is no,
identify report(s).

                           /X / Yes         /  / No

     (3) Is it anticipated that any significant  change in results of operations
from the corresponding  period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?

                           /  /   Yes          /X/  No

     If so: attach an explanation of the anticipated  change,  both  narratively
and  quantitatively,  and, if  appropriate,  state the reasons why a  reasonable
estimate of the results cannot be made.

     THE BANKER'S STORE,  INC. has caused this  notification to be signed on its
behalf by the undersigned thereunto duly authorized.

         Date:  August 29, 2002            By :  /s/ Paul Clark
                                               ---------------------------------
                                                  Paul Clark, President and CEO