FIRST BUSEY CORP /NV/
SC 13G/A, 1997-02-19
STATE COMMERCIAL BANKS
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                   Under the Securities Exchange Act of 1934
                               (Amendment No. 6)


                            FIRST BUSEY CORPORATION
                            -----------------------
                                (Name of Issuer)

                              CLASS A COMMON STOCK
                              --------------------
                         (Title of Class of Securities)

                                   319383105
                                   ---------
                                 (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") or otherwise subject to the liabilities of that section of
that Act but shall be subject to all other provisions of the Act (however, see
the Notes).


                         (Continued on following pages)



                                                             PAGE 1 OF 4 PAGES

<PAGE>   2
CUSIP NO. 319383105                  13G


1)    NAME OF REPORTING PERSON AND SOCIAL SECURITY  OR I.R.S. IDENTIFICATION
      NUMBER OF ABOVE PERSON
            MARTIN A. KLINGEL
            ###-##-####

2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A  GROUP*

      (B)  |__|
      (C)  |__|


3)    SEC USE ONLY


4)    CITIZENSHIP OR PLACE OR ORGANIZATION
                UNITED STATES

5)    SOLE VOTING POWER
                0

6)    SHARED VOTING POWER
                0

7)    SOLE DISPOSITIVE POWER
                0

8)    SHARED DISPOSITIVE POWER
                0

9)    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                0

10)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*


11)   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                0

12)   TYPE OF REPORTING PERSON*
                IN


                                                         PAGE 2 OF 4 PAGES


<PAGE>   3
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:
                MARTIN A. KLINGEL


ITEM 2(b)  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
                P.O. BOX 1484
                CHAMPAIGN, IL 61820

ITEM 2(c)  CITIZENSHIP:
                UNITED STATES

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:
                        0
           (b)  PERCENT OF CLASS:
                        0
           (c)  NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
                (i)  SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
                          0
               (ii)  SHARED POWER TO VOTE OR TO DIRECT THE VOTE:
                          0
              (iii)  SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
                          0
               (iv)  SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
                          0


                                                             PAGE 3 OF 4 PAGES

<PAGE>   4
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.


2/18/97                                 /s/ Douglas C. Mills
- -----------------------                 ----------------------
Date                                    Signature














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