SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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

                                  FORM 10-QSB/A
(Mark One)

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

     For the quarterly period ended March 31, 2004
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[_]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the transition period from__________________to_______________________


     COMMISSION File Number: 0-26577
                            --------

                          Webster City Federal Bancorp
             (Exact name of registrant as specified in its charter)

           United States                                        42-1491186
           -------------                                        ----------
(State or other jurisdiction of                           (I.R.S. Employer
 incorporation or organization)                           Identification Number)

820 Des Moines Street, Webster City, Iowa                             50595-0638
-----------------------------------------                             ----------
   (Address of principal executive offices)                           (Zip Code)

Registrant's telephone number, including area code  515-832-3071
                                                    ------------

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(Former name, former address and former fiscal year, if changed since last
report)

     Check whether the issuer (1) has filed all reports required to be filed by
section 13 or 15(d) of the Exchange Act during the past 12 months (or shorter
period that the regetaint was required to file such reports), and (2) has been
subject to current filing requirements for the past 90 days. [X] Yes [_] No

Transitional Small Business Disclosure Format: [_] Yes [X] No

     Indicate the number of shares outstanding for each of the issuer's classes
of common stock, as of the latest practicable date.

3,772,372 shares of common stock, $.10 par value, outstanding at April 30, 2004.
                                                                 --------------





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                  Webster City Federal Bancorp and Subsidiaries

                           PART II. Other Information


Item 6. Exhibits.
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               Exhibit 31.1 Certification of Chief Executive Officer, Pursuant
                            to Section 302 of the Sarbanes- Oxley Act

               Exhibit 31.2 Certification of Chief Financial Officer, Pursuant
                            to Section 302 of the Sarbanes-Oxley Act

               Exhibit 32   Statement of Chief Executive Officer and Chief
                            Financial Officer Pursuant to Section 906 of the
                            Sarbanes-Oxley Act









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                  Webster City Federal Bancorp and Subsidiaries


                                   Signatures

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


                                WEBSTER CITY FEDERAL BANCORP
                                Registrant




Date: May 10, 2004         By:  /s/ Phyllis A. Murphy
      ------------              ------------------------------------------------
                                Phyllis A. Murphy
                                President and Chief Executive Officer




Date: May 10, 2004         By:  /s/ Stephen L. Mourlam
    --------------              ------------------------------------------------
                                Stephen L. Mourlam
                                Executive Vice President/Chief Financial Officer