X0202 4/A 2005-05-31 2005-05-31 1 0000942129 GFSB BANCORP INC GUPB 0001054921 HAMILTON VERNON I PO BOX 2558 GALLUP NM 87305-2558 1 0 0 0 Common Stock 2005-05-31 4 D 0 10671 D 0 D Common Stock 2005-05-31 4 D 0 37500 D 0 I V. Hamilton Construction Common Stock 2005-05-31 4 D 0 6263 D 0 I Spouse - IRA Options (Right to Buy) 11 2005-05-31 4 D 0 1472.5 D 2000-04-28 2010-04-28 Common Stock 1472.5 0 D Disposed of pursuant to merger agreement between issuer and First Federal Banc of the Southwest, Inc. ("FFBSW") in exchange for either $20.00 cash or 1.17806 shares of FFBSW. This option was canceled in the merger in exchange for a cash payment of $6,495.97, representing the difference between the exercise price of the option and the market value of the underlying GFSB common stock on the effective date of the merger ($20.00 per share) and in exchange for 398 shares of common stock of FFBSW, representing the difference between the exercise price of the option and the market value of the underlying FFBSW common stock of $16.977 on the effective date of the merger. /s/Vernon I. Hamilton 2005-06-01