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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Gn4cAfaBGZATpefbVwzXdhKMDvJGlYNWFinyUSna6buHCTgSEysRSi12BwS2qoL4
 tTf/e+TWkwqEtz/DNaWHVg==

<SEC-DOCUMENT>9999999997-04-012547.txt : 20040324
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ACCESSION NUMBER:		9999999997-04-012547
CONFORMED SUBMISSION TYPE:	ARS
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031231
FILED AS OF DATE:		20040323
EFFECTIVENESS DATE:		20040323

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HMN FINANCIAL INC
		CENTRAL INDEX KEY:			0000921183
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				411777397
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		ARS
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24100
		FILM NUMBER:		04020893

	BUSINESS ADDRESS:	
		STREET 1:		1016 CIVIC CENTER DRIVE NORTHWEST
		CITY:			ROCHESTER
		STATE:			MN
		ZIP:			55901
		BUSINESS PHONE:		5075351200
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This document was generated as part of a paper submission.
Please reference the Document Control Number 04020893 for access to the original document.
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