**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C.  20549**

**FORM      8-K**

| Delaware                                    | 0-25509                              | 42-1485449                                          |
|---------------------------------------------|--------------------------------------|-----------------------------------------------------|
| (State                or other jurisdiction | (Commission                File No.) | (I.R.S.                Employer Identification No.) |
| of                incorporation)            |                                 |                                                |

| o | Written                communications pursuant to Rule 425 under the securities Act (12                C.F.R.                230.425) |
|---|---------------------------------------------------------------------------------------------------------------------------------------|

| o | Soliciting                material pursuant to Rule 14a-2 under the Exchange Act (17 C.F.R.                240.14a-12) |
|---|------------------------------------------------------------------------------------------------------------------------|

| o | Pre-commencement                communications pursuant to Rule 14d-2(b) under the Exchange Act (17                C.F.R.                240.14d-2(b)) |
|---|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| o | Pre-commencement                communications pursuant to Rule 13e-4(c) under the Exchange Act (17                C.F.R.                240.13e-4(c)) |
|---|--------------------------------------------------------------------------------------------------------------------------------------------------------|

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| **Item 2.02.** |  **Results                of Operations and Financial                Condition** |
|---------------------|---------------------------------------------------------------------------------------|

| **Item 9.01.** | **Financial                Statements                and** **Exhibits** |
|---------------------|------------------------------------------------------------------------------|

| *Exhibit                    No.* | *Exhibit                    Description*                                                                                                                                        |
|----------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                             |                                                                                                                                                                            |
| 99.1                             | Press                    release text and financial supplement of First Federal Bankshares,                    Inc.                    dated April 24,                    2007. |

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**SIGNATURE**

|                                             | **FIRST                  FEDERAL BANKSHARES, INC.** |
|--------------------------------------------------|-----------------------------------------------------|
|                                             |                                                |   |
| DATE:  April                  27, 2007 | By:                                                 |  /s/Michael                  W. Dosland |
|                                             |                                                | Michael                  W. Dosland |
|                                             |                                                | President                  and Chief Executive Officer |