Exhibit 99.2  Press Release



PRESS RELEASE
February 25, 2000                  For further information contact:
                                   David M. Bradley
                                   Chairman, President & Chief Executive Officer
                                   North Central Bancshares, Inc.
                                   825 Central Avenue
                                   Fort Dodge, Iowa 50501
                                   515-576-7531



                         NORTH CENTRAL BANCSHARES, INC.
                             INCREASES DIVIDEND 25%

David M. Bradley, Chairman, President and Chief Executive Officer of North
Central Bancshares, Inc. (the "Company") announced today that the Company
declared a regular quarterly cash dividend of $0.125 per share on the Company's
common stock for the fiscal quarter ended March 31, 2000.  This amount is an
increase of 25% compared to the previous dividend rate.  The dividend will be
payable to all stockholders of record as of March 16, 2000 and will be paid on
April 6, 2000.

North Central Bancshares, Inc. serves north central and southeastern Iowa at 8
full service locations in Fort Dodge, Nevada, Ames, Burlington, Mount Pleasant
and Perry, Iowa through its wholly-owned subsidiary, First Federal Savings Bank
of Iowa, headquartered in Fort Dodge, Iowa.  The Bank's deposits are insured by
the Federal Deposit Insurance Corporation.  The Company's stock is traded on The
Nasdaq National Market under the symbol "FFFD".