FIRST DECATUR BANCSHARES INC
8-K, 2000-03-22
STATE COMMERCIAL BANKS
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 8-K


                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


              Date of Report (Date of earliest event reported):
                        March 22, 2000 (March 21, 2000)

                        FIRST DECATUR BANCSHARES, INC.
             (Exact name of registrant as specified in its charter)

         Delaware                       33-80333                37-1085161
(State or other jurisdiction    (Commission File Number)       (IRS Employer
      of incorporation)                                      Identification No.)




                 130 North Water Street, Decatur, Illinois         62523
                  (Address of principal executive offices)       (Zip Code)

        Registrant's telephone number, including area code: 217-424-1111

                                 Not Applicable
         (Former name or former address, if changed since last report.)
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ITEM 5.  OTHER EVENTS

              On March 22, 2000, Registrant issued a press release announcing
     that on March 21, 2000 the stockholders of the corporation at a special
     meeting of the stockholders voted to approve the previously announced
     proposal to merge with BankIllinois Financial Corporation.

              A copy of the press release relative to the meeting of
     stockholders is attached as Exhibit 99.1 and is incorporated herein by
     reference.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

     (a)     Financial Statements of Business Acquired.

     None.

     (b)     Pro Forma Financial Information.

             None.

     (c)     Exhibits.

             99.1  Press Release of First Decatur Bancshares, Inc. dated
             March 22, 2000.




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                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                FIRST DECATUR BANCSHARES, INC.


Dated: March 22, 2000                           By:  /s/ Phillip C. Wise
                                                   -----------------------------
                                                     Phillip C. Wise
                                                     President and Chief
                                                     Executive Officer
















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                                                                    EXHIBIT 99.1

                         FIRST DECATUR BANCSHARES, INC.
                             130 North Water Street
                               Decatur, IL 62523

Phillip C. Wise                                           John W. Luttrell
President                                                 Chairman of the Board

                                                                    NEWS RELEASE
FOR MORE INFORMATION CONTACT:
Philip C. Wise, President
John W. Luttrell, Chairman
First Decatur Bancshares
(217) 424-1111

                              FOR IMMEDIATE RELEASE

                         FIRST DECATUR BANCSHARES, INC.
             STOCKHOLDERS APPROVE FIRST DECATUR/BANKILLINOIS MERGER

              DECATUR, ILLINOIS - March 22, 2000 - First Decatur Bancshares,
Inc. (OTC BB-FDEC) today reported that its stockholders at the Special Meeting
of Stockholders, held on March 21, 2000, voted to approve a proposal to merge
the company with BankIllinois Financial Corporation into the newly-organized
bank holding company, Main Street Trust, Inc. The terms of the merger call for
First Decatur stockholders to receive 1.638 shares of Main Street for each share
of First Decatur they currently own.

              First Decatur and BankIllinois intend to close the transaction on
Thursday, March 23, 2000. Stockholders of First Decatur will receive mailed
instructions for exchanging their shares in the very near future.

              First Decatur Bancshares, Inc. is a $462 million bank holding
company headquartered in Decatur, Illinois.








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