NORTH CENTRAL BANCSHARES INC
8-K, 1996-08-27
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

        Date of Report(Date of earliest event reported): August 22, 1996





                         NORTH CENTRAL BANCSHARES, INC.
                               825 CENTRAL AVENUE
                             FORT DODGE, IOWA 50501
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)
                    (Address of principal executive offices)


           IOWA                        0-27672                 42-1449849
- ---------------------------       ----------------        -------------------
State or other jurisdiction       (Commission file        (I.R.S. Employer
      of incorporation)                Number)            Identification No.)








        Registrant's telephone number, including area code: 515-576-7531






                                 NOT APPLICABLE
      -------------------------------------------------------------
      (Former name or former address, if changes since last report)











                                       1

 <PAGE>




Item 5.  Other Events

         On August 22, 1996, the Board of Directors of North Central Bancshares,
Inc. (the "Company") unanimously approved the declaration and payment of a
regular quarterly cash dividend. The cash dividend will amount to $.0625 per
share, will be payable to stockholders of record as of September 12, 1996 and
will be paid on October 10, 1996.

         A press release, issued on August 26, 1996, detailing the foregoing is
attached hereto as Exhibit 99 and is incorporated herein by reference.

Item 7.  Financial Statements and Exhibits

         The following Exhibit is filed as part of this report:

                  Exhibit 99:       Press Release

































                                       2

<PAGE>



                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of
        1934, the Company has duly caused this report to be signed on its
              behalf by the undersigned, hereunto duly authorized.


                         NORTH CENTRAL BANCSHARES, INC.



                              Date: August 26, 1996



                          By: /s/ John L. Pierschbacher
                              -------------------------

                             John L. Pierschbacher, CPA
                            Principal Financial Officer























                                       3








                                   EXHIBIT 99







                                       4


<PAGE>



PRESS RELEASE
August 26, 1996                   For further information contact:
                                        David M. Bradley
                                        President & Chief Executive Officer
                                        North Central Bancshares, Inc.
                                        825 Central Avenue
                                        Fort Dodge, Iowa 50501
                                        515-576-7531



                NORTH CENTRAL BANCSHARES, INC. DECLARES DIVIDEND

David M. Bradley, President and Chief Executive Officer of North Central
Bancshares, Inc. (the "Company") announced that on August 22, 1996, the Company
declared a regular quarterly cash dividend of $.0625 per share on the Company's
common stock for the fiscal quarter ended September 30, 1996. The dividend will
be payable to all stockholders of record as of September 12, 1996 and will be
paid on October 10, 1996. The Company's common stock trades on The Nasdaq Stock
Market under the symbol "FFFD". The Company's wholly owned subsidiary, First
Federal Savings Bank of Fort Dodge, is a federally chartered savings bank
headquartered in Fort Dodge, Iowa.



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