UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    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): March 21, 2004


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                          First Midwest Financial, Inc.
             (Exact name of registrant as specified in its charter)


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         Delaware                          0-22140               42-1406262
(State or other jurisdiction of      (Commission File)       (IRS Employer
incorporation or organization)            Number             Identification No.)

                       Fifth at Erie, Storm Lake, IA 50588
               (Address of principal executive offices)(Zip Code)


       Registrant's telephone number, including area code: (712) 732-4117

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                                TABLE OF CONTENTS

Item 7. Financial Statements and Exhibits.

Item 12. Results of Operations and Financial Condition.

Signatures

Exhibit Index

Exhibit 99.1






Item 7. Financial Statements and Exhibits.

     (c)  Exhibits.

               The following Exhibit is being furnished herewith:

               99.1 Registrant's Press Release dated March 21, 2004.

Item 12. Results of Operations and Financial Condition.

     On March 21, 2004, the Registrant announced the results of operations and
financial position as of, and for the second quarter ended March 31, 2004. The
press release is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.






                                    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 MIDWEST FINANCIAL, INC.

                                    By:    /s/ Ronald J. Walters
                                           ---------------------
                                           Ronald J. Walters
                                           Senior Vice President, Secretary,
                                           Treasurer and Chief Financial Officer

Dated:  March 21, 2004








                                  Exhibit Index

Exhibit
Number                     Description of Exhibit
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99.1              Registrant's Press Release dated March 21, 2004