SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 21, 1996 FIRST FEDERAL BANCORPORATION ---------------------------------------------------------- (Exact name of registrant as specified in its charter) Minnesota 0-25704 41-1796238 - - ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 214 5th Street, Bemidji, Minnesota 56601 - - ------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (218) 751-5120 -------------- Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS. On May 21, 1996, the registrant announced that it is commencing a stock repurchase program to acquire up to 5% of the Company's outstanding common stock, or approximately 40,969 shares, over a twelve month period. The Company's press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. Exhibit 99.1 Press Release dated May 21, 1996 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 BANCORPORATION By: /s/ William R. Belford ------------------------- William R. Belford President Date: May 22, 1996