SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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): October 11, 2005

                                _______________

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


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



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


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


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

[ ]  Written communications  pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[ ]  Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17
     CFR 240.14a-12)

[ ]  Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement  communications  pursuant  to Rule  13e-4(c)  under the
     Exchange Act (17 CRF 240.13e-4(c))







Item 5.02.      Departure of Directors or Principal Officers;  Election of
Directors; Appointment of Principal Officers.

     On October  11,  2005,  First  Federal  Bankshares,  Inc.  (the  "Company")
announced that Barry E. Backhaus,  currently the President, CEO, and Chairman of
the Board of the Company and of its primary subsidiary,  First Federal Bank (the
"Bank"),  will be retiring effective December 31, 2005 or when his successor has
begun  employment,  whichever is later. Mr. Backhaus will remain a member of the
Board of Directors of the Company and the Bank.

     The  Board of  Directors  is  currently  conducting  a  search  to fill the
position of President/CEO of the Company and of the Bank.

     Attached  as  Exhibit  99 to this  report is the  Company's  press  release
announcing the retirement.

Item 9.01.      Financial Statements and Exhibits.

     (a)  Not Applicable.

     (b)  Not Applicable.

     (c)  Exhibits.

          99 Press release dated October 11, 2005











                                    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.


Dated:  October 12, 2005              By:  /s/ Barry E. Backhaus
                                           -------------------------------------
                                           Barry E. Backhaus
                                           President and Chief Executive Officer
                                           (Duly authorized representative)