Unassociated Document



1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) First Federal Savings Bank of Iowa - Employee Stock Ownership Plan

2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a)

	(b)

3.	SEC Use Only

4.	Citizenship or Place of OrganizationEmployee Benefit Plan of Federally-chartered Savings Bank


Number of Shares Beneficially Owned by Each Reporting Person With		5.	Sole Voting Power 0
		6.	Shared Voting Power 0
		7.	Sole Dispositive Power 0
		8.	Shared Dispositive Power 155,266

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 155,266


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

11.	Percent of Class Represented by Amount in Row (9) 11.6% of 1,340,948 shares of common stock outstanding as of December 31, 2007.


12.	Type of Reporting Person (See Instructions) EP

Item 1(a).

Name of Issuer:

North Central Bancshares, Inc., an Iowa corporation

Item 1(b).

Address of Issuer’s Principal Executive Offices:

825 Central Avenue, Fort Dodge, Iowa 50501

Item 2(a).

Name of Person Filing:

First Federal Savings Bank of Iowa

Employee Stock Ownership Plan and Trust

Trustee: First Bankers Trust Services, Inc.

Item 2(b).

Address of Principal Business Office or, if none, Residence:

2321 Kochs Lane

Quincy, IL 62305

Item 2(c).

Citizenship or Place of Organization:

Employee Benefit Plan of a Federal Savings Bank

Item 2(d).

Title of Class of Securities:

Common Stock, $.01 par value per share

Item 2(e).

CUSIP Number:

658418-10-8

Item 3.

If This Statement is Filed Pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

The person filing is an:

(f) Employee benefit plan which is subject to the provisions of the Employee Retirement Income Security Act of 1974

Item 4.

Ownership.

(a) Amount beneficially owned: 155,266 shares

(b) Percent of class: 11.6%

The reporting person is a tax qualified employee stock ownership plan under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), with individual accounts for the accrued benefits of participating employees and their beneficiaries. The reporting person is administered by an ESOP Committee (“ESOP Committee”) and its assets are held in trust by a trustee (“Plan Trustee”). The number of shares listed as beneficially owned represents the entire number of shares of Common Stock held by First Bankers Trust Services, Inc., as Plan Trustee, as of December 31, 2007. As of December 31, 2007, 155,266 of such shares of Common Stock had been allocated to individual accounts established for participating employees and their beneficiaries. There are no unallocated shares held by the Plan. In general, participating employees and their beneficiaries have the power and authority to direct the voting of shares of Common Stock allocated to their individual accounts. Such allocated shares are, therefore, not included as shares over which the reporting person has sole or shared voting power. The reporting person, acting through the Plan Trustee (who is instructed by the ESOP Committee) shares dispositive power over allocated Common Stock with participating employees and their beneficiaries, who have the right to determine whether Common Stock allocated to their respective accounts will be tendered in response to a tender offer but otherwise have no dispositive power. In limited circumstances, ERISA may confer upon the Plan Trustee the power and duty to control the voting and tendering of Common Stock allocated to the accounts of participating employees and beneficiaries who fail to exercise their voting and/or tender rights. The reporting person disclaims voting power with respect to such allocated Common Stock.

Dividends declared on Common Stock held by the Plan which have been allocated to the account of a Participant are allocated to the account of such Participant. Such dividends may be held and invested in the same manner as funds generally held or invested by the Plan which are not invested in Common Stock or distributed to Participants in accordance with and at such time as provided in the Plan Document. Participants may receive, or direct the receipt of, proceeds of the sale of Common Stock held by the Plan and allocated to their accounts to the extent they have become vested in such Common Stock and at such times as provided in the Plan document. No participant has the right to receive or the power to direct the receipt of dividends on, or the proceeds of the sale of, more than 5% of the Common Stock issued and outstanding as of the date hereof.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

CUSIP NO. 658418-10-8

Page 5 of 6 Pages

Item 8.

Identification and Classification of Members of the Group.

The Reporting Person is an employee benefit plan subject to the provisions of the Employee Retirement Income Security Act of 1974.

Item 9.

Notice of Dissolution of Group.

Not applicable.

Item 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.