<PAGE> 1
<TABLE>
<S><C>
------
FORM 4
------ U.S. SECURITIES AND EXCHANGE COMMISSION
[ ] Check box if no longer WASHINGTON, DC 20549
subject to Section 16. Form
4 or Form 5 obligations may STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
continue. See Instruction 1(b).
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person(1)|2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person
| CIB Marine Bancshares, Inc. (not listed) | to Issuer (Check all applicable)
| (formerly known as Central Illinois | Director 10% Owner
Stephen C. Bonnell | Bancorp, Inc.) | ----- -----
-------------------------------------------------------------------------------------------|
(Last) (First) (Middle) |3. IRS Identification | 4. Statement for | X Officer (give title below)
| Number of | Month/Year | -----
| Reporting Person, | | Other (specify below)
| if an Entity | August, 2000 | -----
N28 W22367 Fox Wood Lane | (Voluntary) | |
-----------------------------------------| |-------------------------|----------------------------------------
(Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing
| | Date of Original | (Check applicable line)
| | (Month/Year) | X Form Filed by One Reporting Person
Waukesha WI 53186 | | | --
-----------------------------------------|-------------------------------------------------| Form Filed by More than One
(City) (State) (Zip) | | -- Reporting Person
| |
------------------------------------------------------------------------------------------------------------------------------------
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
-----------------------------------------------------------------------------------------------------------------------------------
1. Title of Security |2. Transaction| 3. Transaction|4. Securities Acquired (A)| 5. Amount of|6. Owner- |7. Nature
(Instr. 3) | Date | Code | or Disposed of (D) | Securities | ship | of
| | (Instr. 8) | (Instr. 3, 4 and 5) | Beneficially| Form: | Indirect
| | | | Owned at End| Direct | Bene-
| |---------------|--------------------------| of Month | (D) or | ficial
| | | | | (A) | | (Instr. 3 | Indirect | Owner-
| (Month/Day/ | | | | or | | and 4) | (I) | ship
| Year) | Code | V | Amount | (D) | Price | |(Instr. 4)|(Instr. 4)
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
Common Stock | 8/4/2000 | S | | 8,700 | D | $18.40 | 11,550 | D |
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
Common Stock | | | | | | | 11,145 (1) | I | BY ESOP
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
--------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
<S><C>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
------------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative | 2. Conver- |3. Trans- |4. Trans- |5. Number of |6. Date Exer- |7. Title and Amount |8. Price
Security | sion or | action | action | Derivative | cisable and | of Underlying | of
(Instr. 3) | Exercise | Date | Code | Securities Ac- | Expiration | Securities | Deriv-
| Price of | (Month/ | (Instr. 8)| quired (A) or | Date | (Instr. 3 and 4) | ative
| Deriv- | Day/ | | Disposed of (D)| (Month/Day/ | | Secur-
| ative | Year) | | (Instr. 3, 4, | Year) | | ity
| Security | | | and 5) | | | (Instr. 5)
| | | | |-------------------------------------|
| | | | |Date |Expira- | | Amount or |
| | |-------------------------------|Exer- |tion | Title | Number of |
| | | Code |V | (A) |(D) |cisable|Date | | Shares |
------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Employee Stock Option | $4.95 | | | | | | (2) | 6/30/03| Common | 11,250 |
(right to buy)(2) | | | | | | | | | Stock | |
------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Employee Stock Option | $8.50 | | | | | | (3) | 1/01/05| Common | 7,500 |
(right to buy)(3) | | | | | | | | | Stock | |
------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Employee Stock Option | $10.87 | | | | | | (4) | 4/25/06| Common | 11,700 |
(right to buy)(4) | | | | | | | | | Stock | |
------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Employee Stock Option | $13.07 | | | | | | (5) | 2/25/08| Common | 13,200 |
(right to buy)(5) | | | | | | | | | Stock | |
------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Employee Stock Option | $16.23 | | | | | | (6) | 7/29/09| Common | 6,900 |
(right to buy)(6) | | | | | | | | | Stock | |
------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Employee Stock Option | $18.40 | 7/27/00 | A | V | 9,881 | | (7) | 7/27/10| Common | 9,881 |
(right to buy)(7) | | | | | | | | | Stock | |
------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S><C>
9. Number of | 10. Ownership | 11. Nature of
Derivative | Form of | Indirect
Securities | Derivative | Beneficial
Beneficially | Security: | Ownership
Owned at End | Direct (D) | (Instr. 4)
of Month | or Indirect (I) |
(Instr. 4) | (Instr. 4) |
------------------|------------------------|------------------------------
11,250 | D |
------------------|------------------------|------------------------------
7,500 | D |
------------------|------------------------|------------------------------
11,700 | D |
------------------|------------------------|------------------------------
13,200 | D |
------------------|------------------------|------------------------------
6,900 | D |
------------------|------------------------|------------------------------
9,881 | D |
--------------------------------------------------------------------------
Explanation of Responses:
(1) Represents shares allocated to the reporting person, at 12/31/99, pursuant to the issuer's ESOP.
(2) The employee stock option vests in five equal annual installments which began on June 30, 1994.
(3) The employee stock option vests in five equal annual installments which began on January 1, 1996.
(4) The employee stock option vests in five equal annual installments which began on April 25, 1997.
(5) The employee stock option vests in five equal annual installments which began on February 25, 1999.
(6) The employee stock option vests in five equal annual installments beginning on July 29, 2000.
(7) The employee stock option vests in five equal annual installments beginning on July 27, 2001.
(8) All price per share and share data have been adjusted to reflect a 150-to-1 stock split payable to shareholders of record on
July 1, 2000.
/s/ Stephen C. Bonnell 9-8-2000
-------------------------------- -------
Signature of Reporting Person(1) Date
(1)Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Page 2
</TABLE>
(Print or Type Responses)
