8-K

                       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): April 27, 2005

                             FIRSTFED BANCORP, INC.
                             ----------------------
               (Exact name of Registrant as Specified in Charter)


          Delaware                   0-19609                    63-1048648
          --------                   -------                    ----------
(State or Other Jurisdiction       (Commission               (I.R.S. Employer
      of Incorporation)            File Number)            Identification No.)


                1630 Fourth Avenue North, Bessemer, Alabama 35020
                    (Address of Principal Executive Offices)

                           (205) 428-8472 Registrant's
                      telephone number, including area code


                                 NOT APPLICABLE
- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)


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:

[_]  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 CFR 240.13e-4(c))




Item 2.02      Results of Operations and Financial Condition

On April 27, 2005,  the  Registrant  announced its results of operations for the
quarter ended March 31, 2005. A copy of the related press release is attached as
Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference
herein.

Item 9.01      Financial Statements and Exhibits

       (c)     Exhibits.  The exhibit  listed in the exhibit  index is furnished
               pursuant to Item 2.02 as part of this Current  Report on Form 8-K
               and is not to be deemed "filed" for purposes of Section 18 of the
               Securities  Exchange  Act of 1934  or  otherwise  subject  to the
               liabilities of that Section.






                                   SIGNATURES

     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.

                                         FIRSTFED BANCORP, INC.



DATE:  April 27, 2005                    By:  /s/  B. K. Goodwin III
                                              --------------------------------
                                              B. K. Goodwin III
                                              Chairman of the Board, President
                                              and Chief Executive Officer







                                  EXHIBIT INDEX

 Exhibit Number
 --------------
      99.1         Press Release dated April 27, 2005, issued by the Registrant.

EX-99.1

                                  EXHIBIT 99.1

                First Quarter Ended March 31, 2005 Press Release



Contact:   B. K. Goodwin, III
           Chairman of the Board, Chief Executive Officer and President
           (205) 428-8472

FOR IMMEDIATE RELEASE

FirstFed Bancorp, Inc. Announces First Quarter Financial Results

FirstFed Bancorp,  Inc., Bessemer,  Alabama (NASDAQ:  FFDB), reported net income
for the first quarter ended March 31, 2005, of $384,000 compared to $112,000 for
the same  quarter a year ago.  Earnings  per share were $.16 (basic and diluted)
for the quarter  ended March 31, 2005,  compared to $.05 (basic and diluted) for
the same  three-month  period last year. Total assets were  $204,413,000,  total
loans grew to $163,360,000  and total deposits grew to $161,925,000 at March 31,
2005, compared to total assets of $214,443,000,  total loans of $161,841,000 and
total deposits of $157,545,000 at December 31, 2004.

B. K. Goodwin,  III,  President of FirstFed  Bancorp,  Inc.,  said: "The Company
continues  to  experience  steady  growth in loans and  deposits.  Total  assets
decreased  as a result of the sale of  approximately  $15  million in  corporate
bonds which  resulted in a gain of $354,000.  Additional  income of $363,000 was
also recorded as a result of the sale of a data processing  company in which the
Bank held an equity  investment.  Also  recorded  during the first quarter ended
March 31, 2005, was $679,000  related to pension plan termination  expense.  The
pension plan will be replaced  with other plans  determined  to be an attractive
retirement  program for  employees.  Results from  operations  increased for the
quarter  ended  March 31,  2005,  compared  to the same  quarter a year ago as a
result of increased net interest income and a reduction in loan loss provision."

FirstFed  Bancorp,  Inc. is the holding company for First Financial Bank.  First
Financial  Bank operates from its main office in Bessemer and branch  offices in
Centreville, Hoover, Hueytown, Pelham, Vance, West Blocton and Woodstock.