Item 2.02. Results of Operations and Financial Condition

On May 5, 2009, First Federal Bancshares of Arkansas, Inc. issued a press release announcing its results of operations for the quarter ended March 31, 2009. A copy of the press release is included as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) The following exhibit is included with this Report:

Exhibit No. Description

99.1 Press Release, dated May 5, 2009

---