SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. _______)(1)
VERMILION BANCORP, INC.
_____________________________________________________________________________
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
_____________________________________________________________________________
(Title of Class of Securities)
923452106
_____________________________________________________________________________
(CUSIP Number)
February 25, 1999
_____________________________________________________________________________
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
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(1) 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 or otherwise subject to the liabilities
of that section of the Act but shall be subjest to all provisions of the
Act (however, see the Notes).
Page 1 of 5 Pages
CUSIP NO. 923452106 Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Merrill G. Norton
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) / /
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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* 5. SOLE VOTING POWER
*
* 20,594.7
*
NUMBER OF *-------------------------------------------------------------
* 6. SHARED VOTING POWER
SHARES *
* 5,350
BENEFICIALLY *
*-------------------------------------------------------------
OWNED BY EACH * 7. SOLE DISPOSITIVE POWER
*
REPORTING * 20,594.7
*
PERSON WITH *-------------------------------------------------------------
* 8. SHARED DISPOSITIVE POWER
*
* 5,350
*
*
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,944.7
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
/ /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.2%
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12. TYPE OF REPORTING PERSON
IN
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CUSIP NO. 923452106 Page 3 of 5 Pages
ITEM 1(a) NAME OF ISSUER:
Vermilion Bancorp, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
714 North Vermilion
Danville, Illinois 61832
ITEM 2(a) NAME OF PERSON FILING:
Merrill G. Norton. Mr. Norton is the President and Chief
Executive Officer of the Issuer.
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Vermilion Bancorp, Inc.
714 North Vermilion
Danville, Illinois 61832
ITEM 2(c) CITIZENSHIP:
United States.
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share.
ITEM 2(e) CUSIP Number:
923452106
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b)
OR (c), CHECK WHETHER THE PERSON FILING IS:
This statement is filed pursuant to Rule 13d-1(c). /X/
CUSIP NO. 923452106 Page 4 of 5 Pages
ITEM 4. OWNERSHIP.
(a) Merrill G. Norton (the "Reporting Person") beneficially owns
25,944.7 shares of the common stock par value $.01 per share,
of Vermilion Bancorp, Inc. (the "Issuer").
(b) The 25,944.7 shares held by the Reporting Person represents
approximately 7.2% of the class.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 20,594.7
(ii) Shared power to vote or to direct the vote 5,350
(iii) Sole power to dispose or to direct the disposition of
20,594.7
(iv) Shared power to dispose or to direct the disposition of
5,350
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
CUSIP NO. 923452106 Page 5 of 5 Pages
ITEM 10. CERTIFICATION.
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.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
November 3, 1999 By: /s/ Merrill G. Norton
_____________________
Merrill G. Norton
