Trust Co of Sterne Agee & Leach Inc · SC 13G · Trust Co of Sterne Agee & Leach Inc · On 2/14/06

Filed On 2/14/06   ·   Accession Number 1134279-6-16   ·   SEC File 5-81592

Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G      13G Filing as of 12/31/05                              4     16K 

SC 13G
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Schedule 13G                                                                    

SEC Potential persons who are to respond to the collection of                   
1745 (3-98) information contained in this form are not required to respond      
unless the form displays a currently valid OMB control number.                  

UNITED STATES OMB APPROVAL                                                      
SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0145                        
Washington, D.C. 20549 Expires: November 30, 1999                               
Estimated average burden                                                        
SCHEDULE 13G hour per response...14.9                                           

Under the Securities Exchange Act of 1934                                       
(Amendment No. )*                                                               

FirstFed Bancorp, Inc.                                                          
-----------------------------------------                                       
(Name of Issuer)                                                                

Common Stock                                                                    
-----------------------------------------                                       
(Title of Class of Securities)                                                  

33761Q102                                                                       
-----------------------------------------                                       
(CUSIP Number)                                                                  

December 31, 2005                                                               
-----------------------------------------                                       
(Date of Event Which Requires Filing of this Statement)                         

Check the appropriate box to designate the rule pursuant to which               
this Schedule is filed:                                                         

[X] Rule 13d-1(b)                                                               
[ ] Rule 13d-1(c)                                                               
[ ] Rule 13d-1(d)                                                               

*The remainder of this cover page shall be filled out for a reporting           
person's initial filing on this form with respect to the subject class          
of securities, and for any subsequent amendment containing information          
which would alter the disclosures provided in a prior cover page.               

The information required in the remainder of this cover page shall not          
be deemed to be "filed" for the purpose of Section 18 of the                    
Securities Exchange Act of 1934 ("Act") or otherwise subject to the             
liabilities of that section of the Act but shall be subject to all              
other provisions of the Act (however, see the Notes).                           

SC 13G
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Schedule 13G                                                                    

CUSIP NO. 33761Q102                                                             
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1. Names of Reporting Persons. The Trust Company of Sterne, Agee & Leach, Inc.  
Trustee for First Financial Bank Employee Stock Ownership Plan and FirstFed     
Bancorp Inc. Deferred Compensation Plan.                                        
I.R.S. Identification Nos. of above persons (entities only).                    
63-1125970                                                                      
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2. Check the Appropriate Box if a Member of a Group (See Instructions)          

(a) ..........................................................                  
(b) ..X........................................................                 

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3. SEC Use Only                                                                 

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4. Citizenship or Place of Organization United States                           
State of Alabama                                                                
--------------------------------------------------------------------------------
Number of       5. Sole Voting Power                                            
Shares ------------------------------------------------------------             
Beneficially    6. Shared Voting Power 430,074                                  
Owned by ------------------------------------------------------------           
Each            7. Sole Dispositive Power                                       
Reporting ------------------------------------------------------------          
Person With     8. Shared Dispositive Power 403,715                             

--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 430,074         

--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares            
(See Instructions)                                                              

--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 17.6%                     

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12. Type of Reporting Person (See Instructions) EP                              

.................................................................................

.................................................................................
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SC 13G
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ITEM 1.                                                                         
(a) The name of the issuer is FirstFed Bancorp, Inc. (the                       
"Corporation").                                                         

(b) The Corporation's executive office is located at 1630 Fourth Ave. North     
Bessemer, AL  35020.                                                    

ITEM 2.                                                                         

(a) The person filing this statement is The Trust Company of Sterne, Agee &     
Leach, Inc. Trustee for First Financial Bank Employee Stock Ownership   
Plan and FirstFed Bancorp Inc. Deferred Compensation Plan.              

(b) The Trust Company is located at 800 Shades Creek Parkway, Suite 125,        
Birmingham, AL  35209.                                                  

(c) The Trust Company was organized under the laws of Alabama.                  

(d) The Security is common stock, no par value per share.                       

(e) The CUSIP Number of the Security is 33761Q102.                              

ITEM 3.                                                                         

(f) The Trust Company is an employee benefit plan in accordance with            
Section 240.13d-1(b)(1)(ii)(F).                                         

ITEM 4.                                                                         

(a) The Trust Company of Sterne, Agee & Leach, Inc. is the beneficial owner     
of 183,457 shares of the Security as Trustee for First Financial Bank   
Employee Stock Ownership Plan and 246,617 shares of the Security as     
Trustee for FirstFed Bancorp Inc. Deferred Compensation Plan.           

(b) The amount of shares of the Security beneficially owned by The Trust        
Company of Sterne, Agee & Leach, Inc. as Trustee for First Financial    
Bank Employee Stock Ownership Plan and FirstFed Bancorp Inc. Deferred   
Compensation Plan is 17.6% of the total outstanding shares of the       
Security.                                                               

(c) (i) Not applicable.                                                         

(ii) The Trust Company of Sterne, Agee & Leach, Inc. as Trustee of the First    
Financial Bank Employee Stock Ownership Plan and FirstFed Bancorp Inc.
 Deferred Compensation Plan shares with FirstFed Bancorp, Inc. the power
to vote or direct the vote of 430,074 shares of the Security.         

(iii) Not applicable.                                                           

(iv) The Trust Company of Sterne, Agee & Leach, Inc. as Trustee of the First    
Financial Bank Employee Stock Ownership Plan and FirstFed Bancorp Inc.
 Deferred Compensation Plan shares with FirstFed Bancorp, Inc. the power
to dispose, or to direct the disposition, of 403,715 shares of the    
Security.                                                             

SC 13G
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ITEM 5.                                                                         

Not applicable                                                                  

ITEM 6.                                                                         

No other person is known to have the right to receive or the power to           
direct the receipt of dividends from, or the proceeds from the sale of, more    
than five percent of the securities.                                            

ITEM 7.                                                                         

Not applicable.                                                                 

ITEM 8.                                                                         

Not applicable.                                                                 

ITEM 9.                                                                         

Not applicable.                                                                 

ITEM 10.                                                                        

By signing below I certify that, to the best of my knowledge                    
and belief, the securities referred to above were not acquired and are not held 
for the purpose of or with the effect of changing or influencing the control of 
the issuer of the securities and were not acquired and are not held in          
connection with or as a participant in any transaction having that purpose or   
effect.                                                                         

February 10, 2005                                                               
_________________                                                               
Date                                                                            

By /s/ Walter Allwein Ruch, III                                                 

_______________________________________                                         
Walter Allwein Ruch, III                                                        
CEO                                                                             

Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This SC 13G Filing		Date		First		Last			Other Filings
		11/30/99		1
		2/10/05		4
		12/31/05		1
Filed On		2/14/06
Filed As Of		2/15/06
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