|UNITED STATES

SECURITIES AND EXCHANGE COMMISSIONWashington, D.C.  20549                                                                              
|------------------------------------------------------------------------------------------------------------------------------------------------------
|**FORM 10-K/A**                                                                                                                                       
|                                                                                                                                                      
|ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES ACT OF 1934
For the fiscal year ended December 31, 2003
Commission File Number 0-22103

|                                                                   |                                     
|------------------------------------------------------------------ | ------------------------------------
|HEMLOCK FEDERAL FINANCIAL CORPORATION                             
|(Exact name of small business issuer as specified in its charter) 
|                                                                  
|Delaware                                                           | 36-4126192                          
|(State or other jurisdiction of incorporation
or organization)     | (I.R.S. Employer Identification No.)
|                                                                   |                                     
|5700 West 159th Street, Oak Forest , Illinois                      | 60542                               
|(Address of principal executive offices)                           | (Zip Code)                          
|                                                                  
|(708) 687-9400(Registrant's telephone number, including area code)

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The purpose of this amendment to the Annual Report on Form 10-K for the fiscal year ended December 31, 2003 of Hemlock Federal Financial Corporation is to correct typographical errors in the certifications set forth at Exhibit 31.1 and Exhibit 31.2, to conform them with current SEC requirements.

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused
this report to be signed on its behalf by the undersigned thereunto duly authorized.

|                    | **HEMLOCK FEDERAL FINANCIAL CORPORATION**
|------------------- | -----------------------------------------
|Date: April 6, 2004 | By:                                      

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|Exhibit
No. | Document                                                                                            
|----------- | ----------------------------------------------------------------------------------------------------
|            |                                                                                                     
|31.1        | Certification of Chief Executive Officer Pursuant to Rule 13a-14(a)                                 
|31.2        | Certification of Chief Financial Officer Pursuant to Rule 13a-14(a)                                 
|32          | Certification of Chief Executive Officer and Treasurer Pursuant to Section 906 of Sarbanes-Oxley Act

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