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/C O R R E C T I O N -- FIRSTFED REPORTS RESULTS/

 /C O R R E C T I O N -- FIRSTFED REPORTS RESULTS/
 In NY099, Firstfed Bancshares earnings, moved earlier today, we have


been advised by a representative of the company that the headings on the condensed consolidated statement of income were incorrect as originally transmitted. The 1991 figures appear to the left of the 1992 figures. The corrected table follows:
 FIRST FED BANCSHARES, INC.
 Condensed Consolidated Statement Of Income
 (Dollars in thousands except per share data -- Unaudited)
 Three Months Nine Months
 Periods ended 9/30/91 9/30/92 6/30/91 6/30/92
 Interest income $7,814 $7,641 $23,075 $22,826
 Interest expense on deposits 5,165 4,180 15,397 13,500
 Net interest income 2,649 3,461 7,678 9,326
 Provision for loan losses 15 21 45 63
 Net interest income after
 provision for loan losses 2,634 3,440 7,633 9,263
 Non-interest income 102 96 328 284
 Non-interest expense 1,304 1,558 3,920 4,764
 Income before taxes 1,432 1,978 4,041 4,783
 Income tax provision 519 721 1,462 1,793
 NET INCOME $ 913 $ 1,257 $ 2,579 $ 2,990
 EARNINGS PER COMMON SHARE
 PRIMARY N/A $0.39 N/A $0.39
 FULLY DILUTED N/A $0.39 N/A $0.39
 -0- 10/15/92 C NY099
 (FFDP) CO: Firstfed Bancshares, Inc. ST: Illinois IN: FIN SU: ERN


KD -- NY099A -- 0683 10/15/92 17:20 EDT
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Publication:PR Newswire
Date:Oct 15, 1992
Words:247
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