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                                  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): July 16, 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




                                       i




Item 7. Financial Statements and Exhibits.

     (c) Exhibits.
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          The following Exhibit is being furnished herewith:

          99.1 Registrant's Press Release dated July 16, 2004.

Item 12. Results of Operations and Financial Condition.

     On July 16, 2004,  the  Registrant  announced the results of operations and
financial  position as of, and for the third  quarter  ended June 30, 2004.  The
press release is attached hereto as Exhibit 99.1 and is  incorporated  herein by
reference.




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                                    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
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                                          Ronald J. Walters
                                          Senior Vice President, Secretary,
                                           Treasurer and Chief Financial Officer

Dated:  July 19, 2004





                                  Exhibit Index
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Exhibit
Number                     Description of Exhibit
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99.1                 Registrant's Press Release dated July 16, 2004