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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)
FIRST BUSEY CORPORATION
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(Name of Issuer)
CLASS A COMMON STOCK
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(Title of Class of Securities)
319383105
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(CUSIP Number)
*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") of 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).
SEC 1745 (2-95)
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CUSIP NO. 319383105 13G/A PAGE 2 OF 4 PAGES
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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
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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
260,080
NUMBER OF ---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 246,612
EACH ---------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 260,080
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8 SHARED DISPOSITIVE POWER
246,612
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
506,692
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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
7.33%
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12 TYPE OF REPORTING PERSON*
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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, IL 61801
ITEM 2(a) NAME OF PERSON FILING:
BUBANK CO. AND URBAN & 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, IL 61821
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:
506,692
(b) PERCENT OF CLASS:
7.33%
(c NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
260,080
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
246,612
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF:
260,080
(iv) SHARED POWER TO DISPOSE OR TO DIRECT
THE DISPOSITION OF:
246,612
PAGE 3 OF 4 PAGES
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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 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.
2/13/97 /s/ Glen C. Paine
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Date Signature
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