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                                  UNITED STATES
                       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): August 3, 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 5. Other Events.

Item 7. Financial Statements and Exhibits.

Signatures

Exhibit Index

Exhibit 99.1






Item 5.   Other Events.

          On August 3, 2004, the registrant issued the attached press release
          announcing the expiration of the stock repurchase program authorized
          in July 2003.

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 August 3, 2004.









                                    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:  August 4, 2004








                                  Exhibit Index
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Exhibit
Number                     Description of Exhibit
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99.1              Registrant's Press Release dated August 3, 2004