SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
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                                    FORM 8-K

                                 Current Report
                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): April 25, 2006

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                         First Federal Bankshares, Inc.
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             (Exact name of registrant as specified in its charter)


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

                    329 Pierce Street, Sioux City, Iowa 51101
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                    (Address of principal executive offices)

                                 (712) 277-0200
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              (Registrant's telephone number, including area code)

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

Check the  appropriate  box below if the Form 8-K is intended to  simultaneously
satisfy the filing  obligations  of the  registrant  under any of the  following
provisions (see General Instructions A.2. below):

[_]   Written communications pursuant to Rule 425 under the securities Act (12
      C.F.R. 230.425)

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

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

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


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Item 2.02. Results of Operations and Financial Condition

      On April 25, 2006, First Federal  Bankshares,  Inc. issued a press release
regarding its results of operations and financial condition at and for the three
months and nine months ended March 31, 2006. The text of the press release and a
related  financial  supplement are included as Exhibit 99.1 to this report.  The
information  included in the press release text and the financial  supplement is
considered to be  "furnished"  under the  Securities  Exchange Act of 1934.  The
Company will include final financial  statements and additional  analyses at and
for the three months and nine months  ended March 31, 2006,  as part of its Form
10-Q covering that period.

Item 9.01. Financial Statements and Exhibits

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits: The following exhibit is being furnished herewith:

       Exhibit No.    Exhibit Description

         99.1         Press release text and financial supplement of First
                      Federal Bankshares, Inc. dated April 25, 2006.

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                                    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.


                                      FIRST FEDERAL BANKSHARES, INC.

DATE:  April 28, 2006                 By:  /s/Michael W. Dosland
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                                           Michael W. Dosland
                                           President and Chief Executive Officer


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