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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)
FIRST BUSEY CORPORATION
(Name of Issuer)
CLASS A COMMON STOCK
(Title of Class of Securities)
319383105
(CUSIP Number)
Check the following box if a fee is being paid with this statement. [ ]
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*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 ("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).
(Continued on following page(s))
Page 1 of 4 Pages
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CUSIP No. 319383105 13G
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BUBANK CO. AND URBAN & CO.
(NOMINEE NAMES FOR FIRST BUSEY TRUST & INVESTMENT CO.)
37-1205455
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
5. SOLE VOTING POWER
195,557
6. SHARED VOTING POWER
100,675
7. SOLE DISPOSITIVE POWER
195,557
8. SHARED DISPOSITIVE POWER
100,675
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
296,232
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.81%
12. TYPE OF REPORTING PERSON*
Page 2 of 4 Pages
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ITEM 1(a) NAME OF ISSUER:
FIRST BUSEY CORPORATION
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
P. O. BOX 123
URBANA, ILLINOIS 61801
ITEM 2(a) NAME OF PERSON FILING:
BUBANK CO. AND URBANA & CO.
(NOMINEE NAMES FOR FIRST BUSEY TRUST & INVESTMENT CO.)
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
P. O. BOX 69
URBANA, ILLINOIS 61801
ITEM 2(c) CITIZENSHIP (INCORPORATION):
ILLINOIS
ITEM 2(d) TITLE AND CLASS OF SECURITIES
CLASS A COMMON STOCK
ITEM 2(e) CUSIP NUMBER:
319383105
ITEM 3 STATEMENT FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b):
NOT APPLICABLE
ITEM 4 OWNERSHIP:
(a) AMOUNT BENEFICIALLY OWNED:
296,232
(b) PERCENT OF CLASS:
7.81%
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
195,557
(ii) SHARES POWER TO VOTE OR TO DIRECT THE VOTE:
100,675
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF:
195,557
(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF:
100,675
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
Page 3 of 4 Pages
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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 A GROUP:
NOT APPLICABLE
ITEM 10 CERTIFICATION:
NOT APPLICABLE
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.
2/12/96 /s/ Barbara J. Kuhl
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Date Signature
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