================================================================================


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

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


                                    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): May 18, 2004

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


                      Peoples-Sidney Financial Corporation
             (Exact name of registrant as specified in its charter)


         Delaware                         0-22223              31-1499862
(State or other jurisdiction of       (Commission File        (IRS Employer
 incorporation or organization)            Number)           Identification No.)


                     101 E. Court Street, Sidney, Ohio 45365
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (937) 492-6129


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




================================================================================





                                TABLE OF CONTENTS

Item 5. Other Events

Item 7. Financial Statements and Other Exhibits

Item 11. Temporary  Suspension of Trading Under  Registrant's  Employee Benefits
Plans

Signatures

Exhibit Index

Exhibit 99.1





Item 5. Other Events.

     On May 18, 2004,  Peoples-Sidney  Financial  Corporation  received a notice
regarding  a  blackout  period  from  July 1,  2004  through  July 14,  2004 for
transactions in the Peoples Federal Savings & Loan  Association of Sidney 401(k)
Retirement Plan.

Item 7. Financial Statements and Exhibits.

     (c) Exhibits. The following exhibit is furnished with this report.
         --------

99.1  Notice to Directors and Executive Officers dated May 18, 2004.

Item 11. Temporary  Suspension of Trading Under  Registrant's  Employee Benefits
         Plans

     On May 18,  2004,  the  Registrant  received  notice  regarding  a blackout
period,  as defined in Rule 100 of Regulation  BTR. The notice  required by Rule
104 of Regulation  BTR was provided to directors  and executive  officers by the
Company on May 18, 2004. A copy of such notice is filed herewith as Exhibit 99.1
and is hereby incorporated by reference herein.





                                    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.

Dated: May 18, 2004

                                            PEOPLES-SIDNEY FINANCIAL CORPORATION



                                            By:      /s/ Douglas Stewart
                                                     --------------------
                                                     Douglas Stewart
                                                     President and Chief
                                                     Executive Officer





                                  Exhibit Index
                                  -------------



Exhibit
- --------------------------------------------------------------------------------
Number                  Description                  of                  Exhibit
- --------------------------------------------------------------------------------

99.1  Notice to Directors and Executive Officers dated May 18, 2004.





                                  Exhibit 99.1