UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K
                                 CURRENT REPORT



                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                                 Date of Report
                                January 30, 1998

                        FARMERS CAPITAL BANK CORPORATION
             (Exact name of registrant as specified in its charter)

                                    Kentucky
                 (State of other jurisdiction of incorporation)

        0-14412                                        61-1017851
(Commission File Number)                   (I.R.S. Employer Identification No.)


             P.O. Box 309
          Frankfort, Kentucky                              40602
(Address of principal executive offices)                (Zip Code)


               Registrant's telephone number, including area code:
                                  (502)227-1600

Not applicable
(Former name or former address, if changed since last report)





                    INFORMATION TO BE INCLUDED IN THE REPORT

                              Item 5. Other Events

On January 26, 1998 the Board of Directors of Farmers  Capital Bank  Corporation
(the  "Registrant")  approved a  two-for-one  stock split of its common stock in
order to make its shares more accessible to potential buyers. This should result
in a wider distribution and improved  marketability for the Registrant's shares.
In order to effect the split,  the  shareholders of the Registrant will be asked
to approve an increase in the number of  authorized  shares at their next annual
meeting,  to be held May 12, 1998.  The stock split is effective on July 1, 1998
for holders of record on June 1, 1998.  The  Registrant  currently has 3,781,220
common shares outstanding.

Farmers Capital Bank Corporation is a multi-bank  holding company  headquartered
in  Frankfort,  Kentucky.  The  Registrant  owns six  banks  located  throughout
Kentucky, a leasing company and a data processing company. Its stock is publicly
traded on the  National  Association  of Security  Dealers  Automated  Quotation
System  (NASDAQ)  SmallCap  Market tier of the NASDAQ  Stock  market,  under the
symbol: FFKT.





                                    SIGNATURE


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, hereunto duly authorized.


                                          Farmers Capital Bank Corporation


January 30, 1998                          By:/s/ Charles S. Boyd
                                          Charles S. Boyd
                                          President and Chief Executive Officer