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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
CASTLE BANCGROUP, INC.
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(Name of Issuer)
COMMON STOCK, $.33 par value
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(Title of Class of Securities)
14842P107
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(CUSIP Number)
Victoria S. Maher
Vice President and Controller
121 W. Lincoln Hwy.
DeKalb, IL. 60115
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Victoria S. Maher
Vice President and Controller
121 W. Lincoln Hwy.
DeKalb, IL. 60115
November 4, 1997
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(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule becasue of Rule 13d-1(b) (3) or (4), check the following box: / /
1. Name of Reporting Person
Shirley M. Basler
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2. Check the Appropriate Box if a Member of a Group (a) / /
Not Applicable (b) /X/
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3. SEC Use Only
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4. Source of Funds: PF
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5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to items
2 (d) or 2 (e) / /
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6. Citizenship of Place of Organization: USA
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Number of Shares Beneficially Owned by Each Reporting Person With
7. Sole Voting Power: 12,000
8. Shared Voting Power: 106,025
9. Sole Dispositive Power: 12,000
10. Shared Dispositive Power: 106,025
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11. Aggregate Amount Beneficially Owned by Each Reporting Person: 118,025
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares / /
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13. Percent of Class Represented by Amount in Row (11) 5.5%
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14. Type of Reporting Person: IN
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ITEM 1. SECURITY AND ISSUER
The class of equity securities to which this statement relates is the Common
Stock, $.33 par value (the "Common Stock"), or Castle BancGroup, Inc., a
Delaware corporation, located at 121 W. Lincoln Hwy. DeKalb, Il. 60115.
ITEM 2. IDENTITY AND BACKGROUND
(a) Name: Shirley M. Basler
(b) Residence: 515 East Fourth Street
Sandwich, Il. 60548-1715
(c) Present Occupation: Retired
(d) In the last five years, Mrs. Basler has not been
convicted in a criminal proceeding.
(e) In the last five years, Mrs. Basler has not been a
party to a civil proceeding.
(f) United States of America Citizen
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Personal funds have been used in the acquisition of all shares. Funds were not
borrowed to finance the share purchases.
The purchase activity of Mrs. Basler has not been previously reported. Mrs.
Basler owns shares individually and jointly with her husband, Ernest A. Basler
(JTWROS). Mrs. Basler has not had any purchase activity in the prior twelve
calendar months.
ITEM 4. PURPOSE OF TRANSACTION
This is an original Schedule 13D filing for Mrs. Basler. No specific purchase
is reported herein. Mrs. Basler, individually, jointly, or as trustee, may, in
the future, purchase additional shares of the Company's common stock or dispose
of such shares by sale, gift, or otherwise. Mrs. Basler has no present plans or
proposals which relate to or would result in any actions listed in paragraphs
(a) thru (j) of the Item 4 instructions.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) All shares are owned for long term investment purposes. Mrs. Basler
owns beneficially 118,025 shares (5.5%) of the Company's outstanding common
stock, consisting of the following: (1) 12,000 shares owned individually by
Mrs. Basler; (2) 106,025 shares owned jointly by Mrs. Basler with her husband
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Ernest A. Basler. The figures in this paragraph exclude 37,488 shares owned
individually by Ernest A. Basler, as to which Mrs. Basler disclaims beneficial
ownership.
(b) Mrs. Basler has sole power to vote and dispose of 12,000 shares and shared
voting and investment power with Ernest A. Basler (husband of Mrs. Basler) as to
106,025 shares. The residential address of Ernest A. Basler is the same as
paragraph ITEM 2 (b) above. Ernest A. Basler is also retired. Ernest A.
Basler is a citizen of the United States of America. In the last five years,
he has not been involved in any of the matters described in Item 2(d) or (e).
(c) There have been no transactions in the last sixty days by Mrs. Basler.
(d) Not Applicable
(e) Not Applicable
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
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.
Dated: November 4, 1997
/s/ Shirley M. Basler
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Shirley M. Basler
