SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. 1)<F1>
MIDWEST BANC HOLDINGS, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
598251106000
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(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)<F2>
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<F1> 1The 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 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
<F2> 2The initial Schedule 13G filing incorrectly indicated that it was filed
pursuant to Rule 13d-1(c).
<PAGE>
CUSIP NO. 598251106000 13G PAGE 2 OF 5 PAGES
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1. NAME OF REPORTING PERSON(S)
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
E.V. Silveri
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
N/A (b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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NUMBER OF 5. SOLE VOTING POWER
SHARES 1,622,072
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 36,814
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 1,622,072
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
36,814
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,658,886
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.7%
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12. TYPE OF REPORTING PERSON
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
13G PAGE 3 OF 5 PAGES
ITEM 1. (a) NAME OF ISSUER:
Midwest Banc Holdings, Inc.
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(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
501 West North Avenue
Melrose Park, IL 60160
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ITEM 2. (a) NAME OF PERSON FILING:
E.V. Silveri
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(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE:
7800 Augusta
River Forest, IL 60305
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(c) CITIZENSHIP:
Mr. Silveri is a U.S. Citizen
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(d) TITLE OF CLASS OF SECURITIES:
Common Stock
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(e) CUSIP NUMBER:
598251106000
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ITEM 3. IF THIS STATEMEMT IS FILED PURSUANT TO RULES 13d-1(b), OR
13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or Dealer registered under Section 15 of the
Exchange Act;
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [ ] Insurance Company as defined in Section 3(a)(19) of
the Exchange Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act,
(e) [ ] Investment Adviser in accordance with Rule
13(d)-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this Statement is filed pursuant to Rule 13d-1(c), check this
box. [ ]
<PAGE>
13-G PAGE 4 OF 5 PAGES
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: 1,658,886
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(b) Percent of class: 14.7%
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 1,622,072
-----------------,
(ii) Shared power to vote or to direct the vote 36,814
--------------,
(iii) Sole power to dispose or to direct the disposition of
1,622,072
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(iv) Shared power to dispose or to direct the disposition of
36,814
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
N/A
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
N/A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
N/A
ITEM 10. CERTIFICATION.
N/A
<PAGE>
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.
February 28, 1999
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(Date)
/s/ E.V. Silveri
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(Signature)
E.V. Silveri, Chairman
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(Name/Title)
