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Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2013	Mar. 11, 2014	Jun. 30, 2013
Document and Entity Information
Entity Registrant Name	FIRST BUSEY CORP /NV/
Entity Central Index Key	0000314489
Document Type	10-K
Document Period End Date	Dec. 31, 2013
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 349.0
Entity Common Stock, Shares Outstanding		86,811,171
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
ASSETS
Cash and due from banks (interest-bearing 2013 $118,228; 2012 $235,428)	$ 231,603	$ 351,255
Securities available for sale, at fair value	841,310	1,001,497
Securities held to maturity, at amortized cost	834
Loans held for sale	13,840	40,003
Loans (net of allowance for loan losses 2013 $47,567; 2012 $48,012)	2,233,893	1,985,095
Premises and equipment	65,827	71,067
Goodwill	20,686	20,686
Other intangible assets	9,571	12,703
Cash surrender value of bank owned life insurance	40,674	39,485
Other real estate owned (OREO)	2,133	3,450
Deferred tax assets, net	35,642	39,373
Other assets	43,562	53,442
Total assets	3,539,575	3,618,056
Deposits:
Noninterest-bearing	547,531	611,043
Interest-bearing	2,321,607	2,369,249
Total deposits	2,869,138	2,980,292
Securities sold under agreements to repurchase	172,348	139,024
Long-term debt		7,000
Junior subordinated debt owed to unconsolidated trusts	55,000	55,000
Other liabilities	27,725	27,943
Total liabilities	3,124,211	3,209,259
Commitments and contingencies (see Note 18 - Commitments, Contingencies and Credit Risk)
Stockholders' Equity
Series C Preferred stock, $.001 par value, 72,664 shares authorized, issued and outstanding, $1,000.00 liquidation value	72,664	72,664
Common stock, $.001 par value, authorized 200,000,000 shares; issued 88,287,132 shares	88	88
Surplus	593,144	594,411
Retained earnings (deficit)	(225,722)	(240,321)
Accumulated other comprehensive income	4,456	13,542
Total stockholders' equity before treasury stock	444,630	440,384
Common stock shares held in treasury at cost - 2013 1,482,777 2012 1,616,282	(29,266)	(31,587)
Total stockholders' equity	415,364	408,797
Total liabilities and stockholders' equity	$ 3,539,575	$ 3,618,056

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED BALANCE SHEETS
Cash and due from banks, interest-bearing (in dollars)	$ 118,225	$ 235,428
Loans, allowance for loan losses (in dollars)	$ 47,567	$ 48,012
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	72,664	72,664
Preferred stock, shares issued	72,664	72,664
Preferred stock, shares outstanding	72,664	72,664
Preferred stock, liquidation value (in dollars per share)	$ 1,000.00	$ 1,000.00
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	88,287,132	88,287,132
Common stock shares held in treasury	1,482,777	1,616,282

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Interest income:
Interest and fees on loans	$ 92,233	$ 98,614	$ 114,791
Interest and dividends on investment securities:
Taxable interest income	12,570	14,626	15,192
Non-taxable interest income	3,893	3,676	2,836
Total interest income	108,696	116,916	132,819
Interest expense:
Deposits	7,099	12,496	18,660
Securities sold under agreements to repurchase	186	279	367
Short-term borrowings	15	35	38
Long-term debt	125	648	1,442
Junior subordinated debt owed to unconsolidated trusts	1,206	1,312	1,919
Total interest expense	8,631	14,770	22,426
Net interest income	100,065	102,146	110,393
Provision for loan losses	7,500	16,500	20,000
Net interest income after provision for loan losses	92,565	85,646	90,393
Other income:
Trust fees	18,521	17,592	15,657
Commissions and brokers' fees, net	2,416	2,102	1,858
Remittance processing	8,354	8,426	9,196
Service charges on deposit accounts	11,947	11,646	12,616
Other service charges and fees	5,961	5,717	5,298
Gain on sales of loans	10,227	12,535	10,945
Security gains, net	553	1,597	170
Other	4,604	7,237	3,275
Total other income	62,583	66,852	59,015
Other expense:
Salaries and wages	52,891	53,668	43,344
Employee benefits	10,922	11,124	9,896
Net occupancy expense of premises	8,489	8,899	8,897
Furniture and equipment expenses	4,848	5,146	5,277
Data processing	10,465	11,061	8,635
Amortization of intangible assets	3,132	3,315	3,538
Regulatory expense	2,290	2,543	4,109
OREO expense	503	1,303	1,192
Other	18,771	22,585	19,677
Total other expense	112,311	119,644	104,565
Income before income taxes	42,837	32,854	44,843
Income taxes	14,111	10,497	14,970
Net income	28,726	22,357	29,873
Preferred stock dividends and discount accretion	3,633	3,633	5,342
Net income available for common stockholders	$ 25,093	$ 18,724	$ 24,531
Basic earnings per common share (in dollars per share)	$ 0.29	$ 0.22	$ 0.29
Diluted earnings per common share (in dollars per share)	$ 0.29	$ 0.22	$ 0.29

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 28,726	$ 22,357	$ 29,873
Unrealized net (losses) gains on securities:
Unrealized net holding (losses) gains arising during period	(14,892)	2,307	7,490
Reclassification adjustment for (gains) included in net income	(553)	(1,597)	(170)
Other comprehensive (loss) income, before tax	(15,445)	710	7,320
Income tax (benefit) expense related to items of other comprehensive income	(6,359)	292	3,228
Other comprehensive (loss) income, net of tax	(9,086)	418	4,092
Comprehensive income	$ 19,640	$ 22,775	$ 33,965

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Section S99
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-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Topic 944
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
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-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

+ Details

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Surplus	Retained Earnings (Deficit)	Accumulated Other Comprehensive Income	Treasury Stock	Unearned ESOP Shares
Balance at Dec. 31, 2010	$ 420,505	$ 131,452	$ 81	$ 562,375	$ (249,418)	$ 9,032	$ (32,183)	$ (834)
Increase (decrease) in shareholders' equity
Net income	29,873				29,873
Other comprehensive income (loss)	4,092					4,092
Conversion of 318.6225 shares of Series B preferred stock to 7,497,000 shares of common stock		(31,862)	7	31,855
Repurchase of 100,000 shares of Series T preferred stock	(100,000)	(99,590)		(410)
Issuance of 72,664 shares of Series C preferred stock	72,664	72,664
Net issuance of 111,012, 6,804 and 3,879 shares of treasury stock for restricted stock unit vesting and related tax benefit for the years 2013, 2012 and 2011, respectively	18			(49)			67
Cash dividends common stock at $0.12, 0.24 and 0.16 per share for the years 2013, 2012 and 2011, respectively	(13,555)				(13,555)
Stock dividend equivalents restricted stock units at $0.12, 0.24 and 0.16 per share for the years 2013, 2012 and 2011, respectively	15			68	(53)
Employee stock ownership plan shares allocated	99			(318)				417
Stock based employee compensation	488			488
Preferred stock dividends	(4,932)				(4,932)
Balance at Dec. 31, 2011	409,267	72,664	88	594,009	(238,085)	13,124	(32,116)	(417)
Increase (decrease) in shareholders' equity
Net income	22,357				22,357
Other comprehensive income (loss)	418					418
Issuance of 22,493 and 23,640 shares of treasury stock for employee stock purchase plan for the years 2013 and 2012, respectively	109			(302)			411
Net issuance of 111,012, 6,804 and 3,879 shares of treasury stock for restricted stock unit vesting and related tax benefit for the years 2013, 2012 and 2011, respectively	(13)			(131)			118
Cash dividends common stock at $0.12, 0.24 and 0.16 per share for the years 2013, 2012 and 2011, respectively	(20,794)				(20,794)
Stock dividend equivalents restricted stock units at $0.12, 0.24 and 0.16 per share for the years 2013, 2012 and 2011, respectively				166	(166)
Employee stock ownership plan shares allocated	95			(322)				$ 417
Stock based employee compensation	991			991
Preferred stock dividends	(3,633)				(3,633)
Balance at Dec. 31, 2012	408,797	72,664	88	594,411	(240,321)	13,542	(31,587)
Increase (decrease) in shareholders' equity
Net income	28,726				28,726
Other comprehensive income (loss)	(9,086)					(9,086)
Issuance of 22,493 and 23,640 shares of treasury stock for employee stock purchase plan for the years 2013 and 2012, respectively	106			(288)			394
Net issuance of 111,012, 6,804 and 3,879 shares of treasury stock for restricted stock unit vesting and related tax benefit for the years 2013, 2012 and 2011, respectively	(218)			(2,145)			1,927
Cash dividends common stock at $0.12, 0.24 and 0.16 per share for the years 2013, 2012 and 2011, respectively	(10,407)				(10,407)
Stock dividend equivalents restricted stock units at $0.12, 0.24 and 0.16 per share for the years 2013, 2012 and 2011, respectively				87	(87)
Stock based employee compensation	1,079			1,079
Preferred stock dividends	(3,633)				(3,633)
Balance at Dec. 31, 2013	$ 415,364	$ 72,664	$ 88	$ 593,144	$ (225,722)	$ 4,456	$ (29,266)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
Conversion of Series B preferred stock to common stock, preferred stock shares converted			318.6225
Conversion of Series B preferred stock to common stock, common stock shares obtained			7,497,000
Repurchase of Series T preferred stock			100,000
Issuance of Series C preferred stock			72,664
Issuance of shares of treasury stock for employee stock purchase plan	22,493	23,640
Issuance of shares of treasury stock for restricted stock unit vesting and related tax benefit	111,012	6,804	3,879
Cash dividends, common stock (in dollars per share)	$ 0.12	$ 0.24	$ 0.16
Stock dividends, restricted stock units (in dollars per share)	$ 0.12	$ 0.24	$ 0.16

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash Flows from Operating Activities
Net income	$ 28,726	$ 22,357	$ 29,873
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based and non-cash compensation	1,079	991	488
Depreciation and amortization	8,598	8,759	9,063
Fixed asset impairment		1,421
Provision for loan losses	7,500	16,500	20,000
Fair value adjustment on employee stock ownership plan shares allocated		(322)	(318)
Provision for deferred income taxes	10,110	8,571	12,776
Amortization of security premiums and discounts, net	8,744	9,730	6,625
Net security gains	(553)	(1,597)	(170)
Gain on sales of loans, net	(10,227)	(12,535)	(10,945)
Increase in cash surrender value of bank owned life insurance	(1,189)	(1,603)	(457)
Net gains on disposition of premises and equipment	(533)
Net gains on disposition of OREO properties	(260)	(274)	(197)
Increase (decrease) in deferred compensation	(49)	(70)	48
Change in assets and liabilities:
Decrease in other assets	9,880	8,368	7,745
(Decrease) increase in other liabilities	(63)	992	(4,033)
Net cash provided by operating activities before activities for loans originated for sale	61,763	61,288	70,498
Loans originated for sale	(450,226)	(576,862)	(521,970)
Proceeds from sales of loans	486,616	564,643	567,350
Net cash provided by operating activities	98,153	49,069	115,878
Securities:
Purchases of securities classified available for sale	(83,718)	(454,538)	(374,297)
Purchases of securities classified held to maturity	(839)
Proceeds from sales of securities classified available for sale	16,365	59,570	12,754
Proceeds from maturities of securities classified available for sale	203,908	217,797	127,757
Net (increase) decrease in loans	(258,366)	(33,680)	233,901
Purchases of premises and equipment	(2,549)	(8,611)	(2,748)
Proceeds from sales of premises and equipment	2,856	77	1,043
Proceeds from sale of OREO properties	3,645	14,950	14,831
Net cash (used in) provided by investing activities	(118,698)	(204,435)	13,241
Cash Flows from Financing Activities
Net decrease in certificates of deposit	(108,828)	(116,287)	(202,709)
Net (decrease) increase in demand deposits, money market and savings accounts	(2,326)	333,125	49,797
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase	33,324	11,157	(11,115)
Principal payments on long-term debt	(7,000)	(12,000)	(23,325)
Repurchase of Series T Preferred stock			(100,000)
Proceeds from issuance of Series C Preferred stock			72,664
Shares surrendered upon vesting of restricted stock units to cover tax obligations	(237)
Cash dividends paid	(14,040)	(24,427)	(18,343)
Net cash (used in) provided by financing activities	(99,107)	191,568	(233,031)
Net (decrease) increase in cash and due from banks	(119,652)	36,202	(103,912)
Cash and due from banks, beginning	351,255	315,053	418,965
Cash and due from banks, ending	231,603	351,255	315,053
Cash Payments for:
Interest	9,086	15,523	23,953
Income taxes	4,749	1,045	2,756
Non-cash Investing and Financing Activities:
Other real estate acquired in settlement of loans	$ 2,068	9,674	13,926
Conversion of Series B Preferred stock to Common stock			31,862
Employee stock ownership plan shares allocated		$ 417	417
Securities available for sale transferred to loans			$ 2,361

Significant Accounting Policies

12 Months Ended

Dec. 31, 2013

Significant Accounting Policies

Significant Accounting Policies

Note 1. Significant Accounting Policies

Description of business

First Busey Corporation (the “Company”) is a Nevada corporation and a financial holding company whose subsidiaries provide retail and commercial banking services, and remittance processing, and offer a full range of financial products and services, including depository, lending, security brokerage services, investment management and fiduciary services, to individual, corporate, institutional and governmental customers through its locations in downstate Illinois, Indianapolis, Indiana and southwest Florida. The Company and its subsidiaries are subject to competition from other financial institutions and non-financial institutions providing financial products and services. The Company and its subsidiaries are also subject to the regulations of certain regulatory agencies and undergo periodic examinations by those regulatory agencies.

The significant accounting and reporting policies for the Company and its subsidiaries follow:

Basis of consolidation

The Consolidated Financial Statements include the accounts of the Company and its subsidiaries: Busey Bank and its wholly-owned subsidiary FirsTech, Inc.; and Busey Wealth Management, Inc. and its wholly-owned subsidiaries Busey Trust Company and Busey Capital Management, Inc. The Company and its subsidiaries maintain various LLCs that hold specific assets for risk mitigation purposes and are consolidated into these financial statements. All significant intercompany balances and transactions have been eliminated in consolidation.

The Consolidated Financial Statements also exclude the following wholly-owned variable interest entities: First Busey Statutory Trust II, First Busey Statutory Trust III and First Busey Statutory Trust IV because the Company is not the primary beneficiary.

The Consolidated Financial Statements of the Company have been prepared in conformity with accounting principles generally accepted in the United States of America and conform to predominant practice within the banking industry.

Use of estimates

In preparing the accompanying Consolidated Financial Statements, the Company’s management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses for the reporting period. Actual results could differ from those estimates. Material estimates which are particularly susceptible to significant change in the near-term relate to the fair value of investment securities, the determination of the allowance for loan losses and the ability to realize its deferred tax assets.

Comprehensive income

Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income.

Trust assets

Assets held for customers in a fiduciary or agency capacity, other than trust cash on deposit at the Company’s bank subsidiary, are not assets of the Company and, accordingly, are not included in the accompanying Consolidated Financial Statements. Busey Trust Company had assets under care of $5.0 billion and $4.2 billion at December 31, 2013 and 2012, respectively.

Cash flows

For purposes of the consolidated statement of cash flows, cash and due from banks includes cash on hand and amounts due from banks. Cash flows from federal funds purchased and sold, short-term borrowings, and securities sold under agreements to repurchase are reported net, since their original maturities are less than three months. Cash flows from loans and deposits are also reported net.

Securities

Securities classified as available for sale are those debt securities that the Company intends to hold for an indefinite period of time, but not necessarily to maturity, and marketable equity securities. Any decision to sell a security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in the maturity mix of the Company’s assets and liabilities, liquidity needs, regulatory capital considerations and other similar factors. Securities available for sale are carried at fair value, with temporary unrealized gains and losses excluded from earnings and reported in other comprehensive income.

Declines in the fair value of debt securities below their amortized cost are evaluated to determine whether the loss is temporary or other-than-temporary. If the Company (a) has the intent to sell a debt security or (b) more likely than not will be required to sell the debt security before its anticipated recovery, then the Company recognizes the entire unrealized loss in earnings as an other-than-temporary loss. If neither of these conditions are met, the Company evaluates whether a credit loss exists. The impairment is separated into (x) the amount of the total impairment related to the credit loss and (y) the amount of total impairment related to all other factors. The amount of the total other-than-temporary impairment related to the credit loss is recognized in earnings and the amount related to all other factors is recognized in other comprehensive income.

The Company also evaluates whether the decline in fair value of an equity security is temporary or other-than-temporary. In determining whether an unrealized loss on an equity security is temporary or other-than-temporary, management considers various factors, including the magnitude and duration of the impairment, the financial condition and near-term prospects of the issuer, and the intent and ability of the Company to hold the equity security to forecasted recovery.

Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method.

Securities classified as held to maturity are those debt securities that the Company intends to hold to maturity. Securities held to maturity are carried at cost, adjusted for amortization of premiums and accretion of discounts.

Loans held for sale

Loans held for sale are those loans the Company has the intent to sell in the foreseeable future. They consist of mortgage loans conforming to established guidelines and held for sale to investors and the secondary mortgage market. Loans held for sale are carried at the lower of aggregate cost or estimated fair value, as determined by aggregate outstanding commitments from investors or current investor yield requirements. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Gains and losses on sales of loans are recognized at settlement dates and are determined by the difference between the sales proceeds and the carrying amount of the loans after allocating cost to servicing rights retained.

The Company enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. To avoid interest rate risk, the Company also enters into mortgage loan sales commitments at the time it makes the interest rate lock commitment. Accordingly, such commitments along with any related fees received from potential borrowers are recorded at fair value, with changes in fair value recorded in the net gain or loss on sale of mortgage loans. Fair value is based on the change in estimated fair value of the underlying mortgage loan. The fair value is subject to change primarily due to changes in interest rates and is considered immaterial to the Consolidated Financial Statements.

Loan servicing

Servicing assets are recognized as separate assets when rights are acquired or retained through the sale of mortgage loans. Mortgage servicing rights are initially recorded at fair value. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. Capitalized servicing rights are reported in other assets and are amortized into other income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets.

Mortgage servicing rights are periodically evaluated for impairment based on the fair value of those rights as compared to book value. Fair values are estimated using discounted cash flows based on current expected future prepayment rates. For purposes of measuring impairment, the rights must be stratified by one or more predominant risk characteristics of the underlying loans. The Company stratifies its capitalized mortgage servicing rights based on the origination date, interest rate, and type of the underlying loans. The amount of impairment recognized is the amount, if any, by which the amortized cost of the rights for each stratum exceeds its fair value. If the Company later determines that all or a portion of the impairment no longer exists for a particular group of loans, a reduction of the allowance may be recorded as an increase to income.

Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income.

Loans

Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are stated at the amount of outstanding unpaid principal, adjusted for chargeoffs, the allowance for loan losses, and any deferred origination fees or costs on loans.

Loan origination fees, net of certain direct loan origination costs, are deferred and the net amount is amortized as an adjustment of the related loan’s yield. The Company is generally amortizing these amounts over the contractual life. However, for long-term, fixed-rate residential mortgages, the Company has anticipated prepayments and assumes an estimated economic life of 5 years or less. Commitment fees and costs are generally based upon a percentage of a customer’s maximum line of credit or fees related to standby letters of credit and are recognized as collected.

Interest is accrued daily on the outstanding balances. Loans are placed on non-accrual status when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. Loans may be placed on non-accrual status regardless of whether or not such loans are considered past due. Past due status is based on the contractual terms of the loan.

Interest accrued in the current year but not collected for loans that are placed on non-accrual status or charged-off is reversed against interest income. Interest accrued during the prior year but not collected for loans that are placed on non-accrual status or charged-off is charged against the allowance for loan losses. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.

Allowance for loan losses

The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance for loan losses when management believes the uncollectibility of the loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance.

The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.

In addition, regulatory agencies, as an integral part of their examination process, periodically review the allowance for loan losses, and may require the Company to make additions to the allowance based on their judgment about information available to them at the time of their examinations.

The allowance consists of specific and general components. The specific component considers loans that are classified as impaired. For such loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying amount of that loan. The general component covers non-classified loans and classified loans not considered impaired, and is based on historical loss experience adjusted for qualitative factors. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected in the historical loss experience.

Premises and equipment

Land is stated at cost less accumulated depreciation of depreciable land improvements. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed principally by the straight-line method over the estimated useful lives of the assets. The estimated useful lives for premises and equipment are:

Asset Description		Estimated Useful Life
Buildings and improvements		3 – 40 years
Furniture and equipment		3 – 10 years

Long-lived assets

Long-lived assets, including premises and equipment and intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. An impairment loss would be recognized when estimated undiscounted future cash flows from operations of the asset are less than the carrying value of the asset. The cash flows used for this analysis are those directly associated with and that are expected to arise as a direct result of the use and eventual disposition of the asset. An impairment loss would be measured by the amount by which the carrying value of the asset exceeds its fair value.

Other real estate owned

Other real estate owned (“OREO”) represents properties acquired through foreclosure or other proceedings in settlement of loans. OREO is held for sale and is recorded at the date of foreclosure at the fair value of the properties less estimated costs of disposal, which establishes a new cost basis. Any adjustment to fair value at the time of transfer to OREO is charged to the allowance for loan losses. Property is evaluated regularly to ensure the recorded amount is supported by its current fair value, and valuation allowances to reduce the carrying amount to fair value less estimated costs to dispose are recorded as necessary. Revenue, expense, gains and losses from the operations of foreclosed assets are included in operations.

Goodwill

Goodwill represents the excess of the cost of a business acquired over the fair value of the new assets acquired. Goodwill is not amortized, but is subject to at least annual impairment assessments. The Company has established December 31 as the annual impairment assessment date. Accounting standards allow for goodwill to be tested for impairment by first performing a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying value. If the reporting unit does not pass the qualitative assessment, then the reporting unit’s carrying value is compared to its fair value. The Company estimates the fair value of its reporting units as of the measurement date utilizing valuation methodologies including the comparable transactions approach and the control premium approach. Goodwill is considered impaired if the carrying value of the reporting unit exceeds its fair value. There was no impairment determined at December 31, 2013 and 2012. It is possible the Company will evaluate its goodwill for impairment on a more frequent basis than annually. Future evaluations may result in impairment.

See Note 7 — Goodwill and Other Intangible Assets for further discussion.

Cash surrender value of bank-owned life insurance

The Company has purchased life insurance policies on certain executives and senior officers. Life insurance is recorded at its cash surrender value.

ASC Topic 715, “Compensation—Retirement Benefits” requires an employer to recognize a liability for post-employment benefits promised to an employee based on an arrangement between an employer and an employee. In an endorsement split-dollar arrangement, the employer owns and controls the policy, and the employer and employee split the life insurance policy’s cash surrender value and/or death benefits. If the employer agrees to maintain a life insurance policy during the employee’s retirement, the present value of the cost of maintaining the insurance policy would be accrued over the employee’s active service period. Similarly, if the employer agrees to provide the employee with a death benefit, the present value of the death benefit would be accrued over the employee’s active service period.

Transfers of financial assets

Transfers of financial assets are accounted for as sales only when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when: (1) the assets have been isolated from the Company, (2) the transferee obtains the right to pledge or exchange the assets it received, and no condition both constrains the transferee from taking advantage of its right to pledge or exchange and provides more than a modest benefit to the transferor, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets.

Income taxes

The Company is subject to income taxes in the U.S. federal and various state jurisdictions. The Company and its subsidiaries file consolidated federal and state income tax returns with each subsidiary computing its taxes on a separate entity basis. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. With few exceptions, the Company is no longer subject to U.S. federal, state or local tax examinations by tax authorities for the years before 2009. The provision for income taxes is based on income as reported in the Consolidated Financial Statements.

The Company has maintained significant net deferred tax assets for deductible temporary differences, the largest of which relates to the net operating loss carryforward and the allowance for loan losses. For income tax return purposes, only actual charge-offs are deductible, not the provision for loan losses. Under generally accepted accounting principles, a valuation allowance is required to be recognized if it is “more likely than not” that the deferred tax assets will not be realized. The determination of the recoverability of the deferred tax assets is highly subjective and dependent upon judgment concerning management’s evaluation of both positive and negative evidence, the forecasts of future income, applicable tax planning strategies, and assessments of the current and future economic and business conditions. The Company considers both positive and negative evidence regarding the ultimate recoverability of its deferred tax assets. Positive evidence includes available tax planning strategies and the probability that taxable income will continue to be generated in future periods, as it was in periods since March 31, 2010, while negative evidence includes a cumulative loss in 2009 and 2008 and certain business and economic trends. The Company evaluated the recoverability of its net deferred tax assets and established a valuation allowance for certain state net operating loss and credit carryforwards that are not expected to be fully realized. Management believes that it is more likely than not that the other deferred tax assets included in the accompanying Consolidated Financial Statements will be fully realized. The Company determined that no valuation allowance was required for any other deferred tax assets as of December 31, 2013, although there is no guarantee that those assets will be recognizable in future periods.

The Company must assess the likelihood that any deferred tax assets will be realized through the reduction of taxes in future periods and establish a valuation allowance for those assets for which recovery is not more likely than not. In making this assessment, the Company must make judgments and estimates regarding the ability to realize the asset through the future reversal of existing taxable temporary differences, future taxable income, and the possible application of future tax planning strategies. The Company’s evaluation gave consideration to the fact that all net operating loss carrybacks have been utilized. Therefore, utilization of net operating loss carryforwards are dependent on implementation of tax strategies and continued profitability.

Positions taken in tax returns may be subject to challenge upon examination by the taxing authorities. Uncertain tax positions are initially recognized in the Financial Statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions are both initially and subsequently measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon settlement with the tax authority, assuming full knowledge of the position and all relevant facts. When applicable, the Company recognizes interest accrued related to unrecognized tax benefits and penalties in operating expenses. The Company had no accruals for payments of interest and penalties at December 31, 2013 and 2012.

At December 31, 2013, the Company was not under examination by any tax authority; however, the Company has received notice that the Illinois Department of Revenue intends to audit the Company’s 2011 income tax filing beginning in the first quarter of 2014.

Reclassifications

Reclassifications have been made to certain prior year account balances, with no effect on net income or stockholders’ equity, to be consistent with the classifications adopted as of and for the year ended December 31, 2013.

Stock-based employee compensation

During the second quarter of 2010, the Company adopted the First Busey Corporation 2010 Equity Incentive Plan (“2010 Equity Plan”), which was approved at the annual stockholders meeting on May 19, 2010. The Company will no longer make any additional grants under prior plans.

The Company’s equity incentive plans are designed to encourage ownership of its common stock by its employees and directors, to provide additional incentive for them to promote the success of the Company’s business, and to attract and retain talented personnel. All of the Company’s employees and directors and those of its subsidiaries are eligible to receive awards under the plans. See Note 16 — Stock Incentive Plans for further discussion.

The Company calculates the compensation cost of its non-vested stock awards (restricted stock units) based on the Company’s stock price on the grant date multiplied by the number of units granted. This cost is recorded over a specified requisite service period (i.e. vesting period) ranging from one to five years. As the units cliff vest and are subject only to a service condition, the cost is recorded using straight-line amortization. No compensation cost is recognized for unvested awards that are forfeited.

Segment disclosure

Operating segments are components of a business that (i) engage in business activities from which it may earn revenues and incur expenses; (ii) have operating results that are reviewed regularly by the entity’s chief operating decision maker to make decisions about resources to be allocated to the segments and assess their performance; and (iii) for which discrete financial information is available. The Company’s segments are its three primary operating subsidiaries Busey Bank, FirsTech and Busey Wealth Management.

Earnings per share

Basic earnings per share are computed by dividing net income available to common stockholders for the year by the weighted average number of shares outstanding.

Diluted earnings per share are determined by dividing net income available to common stockholders for the period by the weighted average number of shares of common stock and common stock equivalents outstanding. Common stock equivalents assume exercise of stock options, warrants and vesting of restricted stock units and use of proceeds to purchase treasury stock at the average market price for the period. If the average market price for the period is less than the strike price of a stock option or warrant, that option or warrant is considered anti-dilutive and is excluded from the calculation of common stock equivalents. If the total employee proceeds of a restricted stock unit exceed the average market price for the period, that restricted stock unit is considered anti-dilutive and is excluded from the calculation of common stock equivalents. At December 31, 2013, 643,879 outstanding options, 573,833 warrants, and 347,253 restricted stock units were anti-dilutive and excluded from the calculation of common stock equivalents. At December 31, 2012, 804,968 outstanding options, 573,833 warrants, and 793,332 restricted stock units were anti-dilutive and excluded from the calculation of common stock equivalents.

The following reflects net income per share calculations for basic and diluted methods:

	For the Years Ended December 31,
	2013		2012		2011
	(in thousands, except per share data)
Net income available to common stockholders	$	25,093	$	18,724	$	24,531

Weighted average common shares outstanding	86,765		86,643		85,304
Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method	299		9		8

Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation	87,064		86,652		85,312

Basic earnings per common share	$	0.29	$	0.22	$	0.29

Diluted earnings per common share	$	0.29	$	0.22	$	0.29

Subsequent events

The Company has evaluated subsequent events for potential recognition and/or disclosure through the date the Consolidated Financial Statements included in this Annual Report on Form 10-K were issued. There were no significant subsequent events for the year ended December 31, 2013 through the date of these Consolidated Financial Statements.

Impact of new financial accounting standards

ASU 2011-11, “Balance Sheet (Topic 210) — Disclosures about Offsetting Assets and Liabilities.” ASU 2011-11 amends Topic 210, “Balance Sheet,” to require an entity to disclose both gross and net information about financial instruments, such as sales and repurchase agreements and reverse sale and repurchase agreements. ASU 2011-11 became effective for the Company on January 1, 2013 and did not have a significant impact of the Company’s financial statements.

ASU 2013-02, “Comprehensive Income (Topic 220) — Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” ASU 2013-02 amends guidance related to the reporting of comprehensive income to enhance the reporting of reclassifications out of accumulated other comprehensive income. ASU 2013-02 became effective for the Company on January 1, 2013 and did not have a significant impact on the Company’s financial statements.

ASU 2013-12, “Definition of a Public Business Entity - An Addition to the Master Glossary.” ASU 2013-12 amends the Master Glossary of the FASB Accounting Standards Codification to include a single definition of public business entity for use in future financial and reporting guidance. ASU 2013-12 did not have an impact on the Company’s financial statements.

ASU 2014-04, “Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40) - Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure.” ASU 2014-14 clarifies when an in-substance repossession or foreclosure occurs and requires interim and annual disclosures. The new authoritative guidance will be for reporting periods after January 1, 2015 and is not expected to have a significant impact on the Company’s financial statements.

Cash and Due from Banks	12 Months Ended
Cash and Due from Banks	Dec. 31, 2013
Cash and Due from Banks
Cash and Due from Banks	Note 2. Cash and Due from Banks The Bank is required to maintain certain cash reserve balances with the Federal Reserve Bank of Chicago, which may be offset by cash on hand. The required reserve balances as of December 31, 2013 and 2012 were approximately $5.3 million and $4.3 million, respectively. Effective July 12, 2012, the contractual clearing balance program was eliminated by the Federal Reserve Bank. Prior to that, the Bank had established a clearing balance requirement with the Federal Reserve Bank of Chicago to use Federal Reserve Bank services. The Company maintains its cash in deposit accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. Management believes the Company is not exposed to any significant credit risk on cash and cash equivalents.

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References + Details

Securities

12 Months Ended

Dec. 31, 2013

Securities

Securities

Note 3. Securities

The amortized cost, unrealized gains and losses and fair values of securities classified as available for sale and held to maturity are summarized as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
December 31, 2013:	Cost		Gains		Losses			Value
	(dollars in thousands)
Available for sale
U.S. Treasury securities	$	102,463	$	244	$	(67	)	$	102,640
Obligations of U.S. government corporations and agencies	254,998		2,741		(328		)	257,411
Obligations of states and political subdivisions	272,077		2,887		(2,812		)	272,152
Residential mortgage-backed securities	174,699		3,571		(535		)	177,735
Corporate debt securities	25,384		155		(33		)	25,506
Total debt securities	829,621		9,598		(3,775		)	835,444
Mutual funds and other equity securities	4,114		1,752		—			5,866

Total	$	833,735	$	11,350	$	(3,775	)	$	841,310

December 31, 2013:
Held to maturity
Obligations of states and political subdivisions	$	834	$	1	$	(4	)	$	831

Total	$	834	$	1	$	(4	)	$	831

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
December 31, 2012:	Cost		Gains		Losses			Value
	(dollars in thousands)
Available for sale
U.S. Treasury securities	$	103,353	$	1,303	$	—		$	104,656
Obligations of U.S. government corporations and agencies	363,583		6,616		(5		)	370,194
Obligations of states and political subdivisions	274,350		6,176		(238		)	280,288
Residential mortgage-backed securities	210,139		7,576		—			217,715
Corporate debt securities	24,601		139		(26		)	24,714
Total debt securities	976,026		21,810		(269		)	997,567
Mutual funds and other equity securities	2,451		1,479		—			3,930

Total	$	978,477	$	23,289	$	(269	)	$	1,001,497

There were no held to maturity securities at December 31, 2012.

The amortized cost and fair value of debt securities available for sale and held to maturity as of December 31, 2013, by contractual maturity, are shown below. Mutual funds and other equity securities do not have stated maturity dates and therefore are not included in the following maturity summary. Mortgages underlying the residential mortgage-backed securities may be called or prepaid without penalties; therefore, actual maturities could differ from the contractual maturities. All residential mortgage-backed securities were issued by U.S. government agencies and corporations.

	Available for sale				Held to maturity
	Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value
	(dollars in thousands)				(dollars in thousands)
Due in one year or less	$	140,414	$	141,464	$	—	$	—
Due after one year through five years	451,993		454,381		321		322
Due after five years through ten years	163,885		165,378		513		509
Due after ten years	73,329		74,221		—		—
Total	$	829,621	$	835,444	$	834	$	831

Realized gains and losses related to sales of securities available for sale are summarized as follows:

	For the Years Ended December 31,
	2013			2012			2011
	(dollars in thousands)
Gross security gains	$	599		$	1,602		$	174
Gross security (losses)	(46		)	(5		)	(4		)

Net security gains	$	553		$	1,597		$	170

The tax provision for these net realized gains and losses was $0.2 million for the year ended December 31, 2013, and $0.6 million for the year ended December 31, 2012. It was insignificant for the year ended December 31, 2011.

Investment securities with carrying amounts of $428.7 million and $489.1 million on December 31, 2013 and 2012, respectively, were pledged as collateral on public deposits, securities sold under agreements to repurchase and for other purposes as required or permitted by law.

Information pertaining to securities with gross unrealized losses at December 31, 2013 and 2012 aggregated by investment category and length of time that individual securities have been in a continuous loss position follows:

	Continuous unrealized losses existing for less than 12 months, gross				Continuous unrealized losses existing for greater than 12 months, gross				Total, gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
December 31, 2013:	Value		Losses		Value		Losses		Value		Losses
	(dollars in thousands)
Available for sale
U.S. Treasury securities	$	25,830	$	67	$	—	$	—	$	25,830	$	67
Obligations of U.S. government corporations and agencies	25,946		328		—		—		25,946		328
Obligations of states and political subdivisions	92,703		2,518		8,492		294		101,195		2,812
Residential mortgage-backed securities	53,543		535		—		—		53,543		535
Corporate debt securities	1,614		33		—		—		1,614		33
Total temporarily impaired securities	$	199,636	$	3,481	$	8,492	$	294	$	208,128	$	3,775

December 31, 2013:
Held to maturity
Obligations of states and political subdivisions	$	597	$	4	$	—	$	—	$	597	$	4
Total temporarily impaired securities	$	597	$	4	$	—	$	—	$	597	$	4

	Continuous unrealized losses existing for lessthan 12 months, gross				Continuous unrealized losses existing for greater than 12 months, gross				Total, gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
December 31, 2012:	Value		Losses		Value		Losses		Value		Losses
	(dollars in thousands)
Available for sale
Obligations of U.S. government corporations and agencies	$	10,155	$	5	$	—	$	—	$	10,155	$	5
Obligations of states and political subdivisions	37,958		189		3,311		49		41,269		238
Corporate debt securities	15,207		26		—		—		15,207		26
Total temporarily impaired securities	$	63,320	$	220	$	3,311	$	49	$	66,631	$	269

Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to the length of time and extent to which the fair value has been less than cost, the financial condition and near-term prospects of the issuer, and whether the Company has the intent to sell the security and it is more likely than not it will have to sell the security before recovery of its cost basis.

The total number of securities in the investment portfolio in an unrealized loss position as of December 31, 2013 was 266, and represented a loss of 1.8% of the aggregate carrying value. Based upon a review of unrealized loss circumstances, the unrealized losses resulted from changes in market interest rates and liquidity, not from changes in the probability of receiving the contractual cash flows. The Company does not intend to sell the securities and it is more likely than not that the Company will recover the amortized cost prior to being required to sell the securities. Full collection of the amounts due according to the contractual terms of the securities is expected; therefore, the Company did not consider these investments to be other-than-temporarily impaired at December 31, 2013.

The Company had available for sale obligations of state and political subdivisions with a fair value of $272.2 million and 280.3 million as of December 31, 2013 and 2012, respectively. In addition, the Company had held to maturity obligations of state and political subdivisions totaling $0.8 million at December 31, 2013 and none as of December 31, 2012.

As of December 31, 2013, the Company’s obligations of state and political subdivisions portfolio was comprised of $223.5 million of general obligation and $49.5 million of revenue bonds issued by 267 issuers, primarily consisting of states, counties, cities, towns, villages and school districts. The Company held investments in general obligation bonds in twenty-five states (including the District of Columbia), including seven states in which the aggregate fair value exceeded $5.0 million. The Company held investments in revenue bonds in twenty-one states, including two states where the aggregate fair value exceeded $5.0 million.

As of December 31, 2012, the Company’s obligations of state and political subdivisions portfolio was comprised of $228.6 million of general obligation and $51.7 million of revenue bonds issued by 276 issuers, primarily consisting of states, counties, cities, towns, villages and school districts. The Company held investments in general obligation bonds in twenty-six states (including the District of Columbia), including five states in which the aggregate fair value exceeded $5.0 million. The Company held investments in revenue bonds in twenty-three states, including two states where the aggregate fair value exceeded $5.0 million.

The amortized cost and fair values of the Company’s portfolio of general obligation bonds are summarized in the following tables by the issuers’ state:

December 31, 2013:

		Average Exposure
	Number of	Per Issuer		Amortized		Fair
U.S. State	Issuers	(Fair Value)		Cost		Value
	(dollars in thousands)
Illinois	82	$	1,022	$	82,884	$	83,804
Wisconsin	41	1,052		43,117		43,122
Michigan	37	956		35,350		35,365
Pennsylvania	11	1,285		14,132		14,133
Ohio	12	952		11,709		11,426
Texas	7	1,039		7,510		7,270
Iowa	3	2,020		6,126		6,060
Other	26	857		21,865		22,290
Total general obligations bonds	219	$	1,020	$	222,693	$	223,470

December 31, 2012:

		Average Exposure
	Number of	Per Issuer		Amortized		Fair
U.S. State	Issuers	(Fair Value)		Cost		Value
	(dollars in thousands)
Illinois	97	$	1,008	$	94,614	$	97,812
Wisconsin	42	1,114		46,286		46,794
Michigan	35	949		32,572		33,200
Pennsylvania	9	1,332		11,926		11,987
Ohio	11	900		9,871		9,905
Other	33	876		27,741		28,908
Total general obligations bonds	227	$	1,007	$	223,010	$	228,606

The general obligation bonds are diversified across many issuers, with $5.0 million and $5.2 million being the largest exposure to a single issuer at December 31, 2013 and 2012, respectively. Accordingly, as of December 31, 2013 and 2012, the Company did not hold general obligation bonds of any single issuer, the aggregate book or market value of which exceeded 10% of the Company’s stockholders’ equity. Of the general obligation bonds in the Company’s portfolio, 96.4% have been rated by at least one nationally recognized statistical rating organization and 3.6% are unrated, based on the fair value as of December 31, 2013. Of the general obligation bonds in the Company’s portfolio, 94.3% have been rated by at least one nationally recognized statistical rating organization, 5.6% are unrated and 0.1% are insured by a below-investment-grade insurer without an underlying rating, based on the fair value as of December 31, 2012.

The amortized cost and fair values of the Company’s portfolio of revenue bonds are summarized in the following tables by the issuers’ state:

December 31, 2013:

		Average Exposure
	Number of	Per Issuer		Amortized		Fair
U.S. State	Issuers	(Fair Value)		Cost		Value
	(dollars in thousands)
Illinois	4	$	1,780	$	7,356	$	7,121
Indiana	14	1,034		14,740		14,481
Other	30	930		28,122		27,911
Total revenue bonds	48	$	1,032	$	50,218	$	49,513

December 31, 2012:

		Average Exposure
	Number of	Per Issuer		Amortized		Fair
U.S. State	Issuers	(Fair Value)		Cost		Value
	(dollars in thousands)
Illinois	4	$	1,961	$	7,832	$	7,842
Indiana	11	853		9,339		9,378
Other	34	1,014		34,169		34,462
Total revenue bonds	49	$	1,055	$	51,340	$	51,682

The revenue bonds are diversified across many issuers and revenue sources with $3.0 million and $3.5 million being the largest exposure to a single issuer at December 31, 2013 and 2012, respectively. Accordingly, as of December 31, 2013 and 2012, the Company did not hold revenue bonds of any single issuer, the aggregate book or market value of which exceeded 10% of the Company’s stockholders’ equity. All of the revenue bonds in the Company’s portfolio have been rated by at least one nationally recognized statistical rating organization. Some of the primary types of revenue bonds owned in the Company’s portfolio include: primary education or government building lease rentals secured by ad valorem taxes, utility systems secured by utility system net revenues, housing authorities secured by mortgage loans or principal receipts on mortgage loans, secondary education secured by student fees/tuitions, contracts subject to annual state appropriation, and pooled issuances (i.e. bond bank) consisting of multiple underlying municipal obligors.

Substantially all of the Company’s obligations of state and political subdivision securities are owned by Busey Bank, whose investment policy requires that state and political subdivision securities purchased be investment grade. Busey Bank’s investment policy also limits the amount of rated state and political subdivision securities to an aggregate 100% of the Bank’s Total Risk Based Capital at the time of purchase and an aggregate 15% of Total Risk Based Capital for unrated state and political subdivision securities issued by municipalities having taxing authority or located in counties/MSAs in which an office of the Bank is located. The investment policy states fixed income investments that are not OCC Type 1 securities (U.S. Treasuries, agencies, municipal government general obligation and for well-capitalized institutions, most municipal revenue bonds), should be analyzed prior to acquisition to determine that (1) the security has low risk of default by the obligor, and (2) the full and timely repayment of principal and interest is expected over the expected life of the investment. All securities in the Bank’s obligations of state and political subdivision securities portfolio are subject to such review. Factors that may be considered as part of ongoing monitoring of state and political subdivision securities include credit rating changes by nationally recognized statistical rating organizations, market valuations, third-party municipal credit analysis, which may include indicative information regarding the issuer’s capacity to pay, market and economic data and such other factors as are available and relevant to the security or the issuer such as its budgetary position and sources, strength and stability of taxes and/or other revenue.

As of December 31, 2013, the Company’s regular monitoring of its obligations of state and political subdivisions portfolio had not uncovered any facts or circumstances resulting in significantly different credit ratings than those assigned by a nationally recognized statistical rating organization.

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References + Details

Loans

12 Months Ended

Dec. 31, 2013

Loans

Loans

Note 4. Loans

Geographic distributions of loans by category were as follows:

	December 31, 2013
	Illinois		Florida		Indiana		Total
	(dollars in thousands)

Commercial	$	530,174	$	20,536	$	29,902	$	580,612
Commercial real estate	800,568		160,255		131,450		1,092,273
Real estate construction	55,190		17,426		6,239		78,855
Retail real estate	419,801		103,104		11,588		534,493
Retail other	8,422		552		93		9,067
Total	$	1,814,155	$	301,873	$	179,272	$	2,295,300

Less held for sale(1)							13,840
							$	2,281,460

Less allowance for loan losses							47,567
Net loans							$	2,233,893

(1) Loans held for sale are included in retail real estate.

	December 31, 2012
	Illinois		Florida		Indiana		Total
	(dollars in thousands)

Commercial	$	399,300	$	10,861	$	23,527	$	433,688
Commercial real estate	777,752		138,170		65,210		981,132
Real estate construction	67,152		15,972		2,977		86,101
Retail real estate	435,911		112,052		11,873		559,836
Retail other	11,831		409		113		12,353
Total	$	1,691,946	$	277,464	$	103,700	$	2,073,110

Less held for sale(1)							40,003
							$	2,033,107

Less allowance for loan losses							48,012
Net loans							$	1,985,095

(1) Loans held for sale are included in retail real estate.

Net deferred loan origination costs included in the tables above was insignificant as of December 31, 2013 and $0.8 million as of December 31, 2012.

The Company believes that sound loans are a necessary and desirable means of employing funds available for investment. Recognizing the Company’s obligations to its stockholders, depositors, and to the communities it serves, authorized personnel are expected to seek to develop and make sound, profitable loans that resources permit and that opportunity affords. The Company maintains lending policies and procedures designed to focus lending efforts on the types, locations and duration of loans most appropriate for its business model and markets. While not specifically limited, the Company attempts to focus its lending on short to intermediate-term (0-7 years) loans in geographies within 125 miles of its lending offices. The Company attempts to utilize government assisted lending programs, such as the Small Business Administration and United States Department of Agriculture lending programs, when prudent. Generally, loans are collateralized by assets, primarily real estate, of the borrowers and guaranteed by individuals. The loans are expected to be repaid primarily from cash flows of the borrowers, or from proceeds from the sale of selected assets of the borrowers.

Management reviews and approves the Company’s lending policies and procedures on a routine basis. Management routinely (at least quarterly) reviews the Company’s allowance for loan losses and reports related to loan production, loan quality, concentrations of credit, loan delinquencies and non-performing and potential problem loans. The Company’s underwriting standards are designed to encourage relationship banking rather than transactional banking. Relationship banking implies a primary banking relationship with the borrower that includes, at a minimum, an active deposit banking relationship in addition to the lending relationship. The integrity and character of the borrower are significant factors in the Company’s loan underwriting. As a part of underwriting, tangible positive or negative evidence of the borrower’s integrity and character are sought out. Additional significant underwriting factors beyond location, duration, a sound and profitable cash flow basis and the borrower’s character are the quality of the borrower’s financial history, the liquidity of the underlying collateral and the reliability of the valuation of the underlying collateral.

Total borrowing relationships, including direct and indirect debt, are generally limited to $20 million, which is significantly less than the Company’s regulatory lending limit. Borrowing relationships exceeding $20 million are reviewed by the Company’s board of directors at least annually and more frequently by management. At no time is a borrower’s total borrowing relationship permitted to exceed the Company’s regulatory lending limit. Loans to related parties, including executive officers and the Company’s various directorates, are reviewed for compliance with regulatory guidelines and by the Company’s board of directors at least annually.

The Company maintains an independent loan review department that reviews the loans for compliance with the Company’s loan policy on a periodic basis. In addition to compliance with this policy, the loan review process reviews the risk assessments made by the Company’s credit department, lenders and loan committees. Results of these reviews are presented to management and the audit committee at least quarterly.

The Company’s lending can be summarized into five primary areas: commercial loans, commercial real estate loans, real estate construction loans, retail real estate loans, and retail other loans. The significant majority of the lending activity occurs in the Company’s Illinois and Indiana markets, with the remainder in the Florida market. Due to the small scale of the Indiana loan portfolio and its geographical proximity to the Illinois portfolio, the Company believes that quantitative or qualitative segregation between Illinois and Indiana is not material or warranted.

Commercial Loans

Commercial loans typically comprise working capital loans or business expansion loans, including loans for asset purchases and other business loans. Commercial loans will generally be guaranteed in full or a significant amount by the primary owners of the business. Commercial loans are made based primarily on the historical and projected cash flow of the underlying borrower and secondarily on the underlying assets pledged as collateral by the borrower. The cash flows of the underlying borrower, however, may not perform consistently with historical or projected information. Further, the collateral securing loans may fluctuate in value due to individual economic or other factors. The Company has established minimum standards and underwriting guidelines for all commercial loan types.

Commercial Real Estate Loans

The Company is primarily located in markets with significant academic presence. The academic presence in addition to the commercial environment provides for the majority of the Company’s commercial lending opportunities to be commercial real estate related, including multi-unit housing. As the majority of the Company’s loan portfolio is within the commercial real estate class, the Company’s goal is to maintain a high quality, geographically diverse portfolio of commercial real estate loans. Commercial real estate loans are subject to underwriting standards and guidelines similar to commercial loans. Commercial real estate loans will generally be guaranteed in full or a significant amount by the primary owners of the business. The repayment of these loans is primarily dependent on the cash flows of the underlying property. However, the commercial real estate loan generally must be supported by an adequate underlying collateral value. The performance and the value of the underlying property may be adversely affected by economic factors or geographical and/or industry specific factors. These loans are subject to other industry guidelines that are closely monitored by the Company.

Real Estate Construction Loans

Real estate construction loans are typically commercial in nature. The loan proceeds are controlled by the Company and distributed for the improvement of real estate in which the Company holds a mortgage. Real estate construction loans will generally be guaranteed in full or a significant amount by the developer or primary owners of the business. These loans are subject to underwriting standards and guidelines similar to commercial loans. The loan generally must be supported by an adequate “as completed” value of the underlying project. In addition to the underlying project, the financial history of the developer and business owners weighs significantly in determining approval. The repayment of these loans is typically through permanent financing following completion of the construction. Real estate construction loans are inherently more risky than loans on completed properties as the unimproved nature and the financial risks of construction significantly enhance the risks of commercial real estate loans. These loans are closely monitored and subject to other industry guidelines.

Retail Real Estate Loans

Retail real estate loans are comprised of direct consumer loans that include residential real estate, residential real estate construction loans, home equity lines of credit and home equity loans. The Company sells substantially all of its long-term (over 5 years) retail real estate loans to secondary market purchasers. The Company does retain retail real estate loans having terms typically five years or less. As retail real estate loan underwriting is subject to specific regulations, the Company typically underwrites its retail real estate loans to conform to widely accepted standards. Several factors are considered in underwriting including the value of the underlying real estate and the debt to income and credit history of the borrower.

Retail Other Loans

Retail other loans consist of installment loans to individuals, primarily automotive loans. These loans are centrally underwritten utilizing the borrower’s financial history, including the Fair Isaac Corporation (“FICO”) credit scoring and information as to the underlying collateral. Repayment is expected from the cash flow of the borrower.

The Company utilizes a loan grading scale to assign a risk grade to all of its loans. Loans are graded on a scale of 1 through 10 with grades 2, 4 & 5 unused. A description of the general characteristics of the grades is as follows:

· Grades 1, 3, 6 — These grades include loans which are all considered strong credits, with grade 1 being investment or near investment grade. A grade 3 loan is comprised of borrowers that exhibit credit fundamentals that exceed industry standards and loan policy guidelines. A grade 6 loan is comprised of borrowers that exhibit acceptable credit fundamentals.

· Grade 7- This grade includes loans on management’s “Watch List” and is intended to be utilized on a temporary basis for a pass grade borrower where a significant risk-modifying action is anticipated in the near future.

· Grade 8- This grade is for “Other Assets Especially Mentioned” loans that have potential weaknesses which may, if not checked or corrected, weaken the asset or inadequately protect the Company’s credit position at some future date.

· Grade 9- This grade includes “Substandard” loans, in accordance with regulatory guidelines, for which the accrual of interest has not been stopped. Assets so classified must have well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected.

· Grade 10- This grade includes “Doubtful” loans that have all the characteristics of a substandard loan with additional factors that make collection in full highly questionable and improbable. Such loans are placed on non-accrual status and may be dependent on collateral having a value that is difficult to determine.

All loans are graded at the inception of the loan. All commercial and commercial real estate loans above $0.5 million with a grading of 7 are reviewed annually and grade changes are made as necessary. All real estate construction loans above $0.5 million, regardless of the grade, are reviewed annually and grade changes are made as necessary. Interim grade reviews may take place if circumstances of the borrower warrant a more timely review. All loans above $0.5 million which are graded 8 are reviewed quarterly. Further, all loans graded 9 or 10 are reviewed at least quarterly.

Loans in the highest grades, represented by grades 1, 3, 6 and 7, totaled $2.1 billion at December 31, 2013 and grew by $314.0 million from $1.8 billion at December 31, 2012. Loans in the lowest grades, represented by grades 8, 9 and 10, totaled $161.9 million at December 31, 2013 and declined by $66.2 million from $228.1 million at December 31, 2012. The positive change in mix of loan grades began in 2012 and suggests a declining level of overall risk in the total loan portfolio.

The following table presents weighted average risk grades segregated by class of loans (excluding held-for-sale, non- posted and clearings) and geography:

	December 31, 2013
	Weighted Avg. Risk Grade	Grades 1,3,6		Grade 7		Grade 8		Grade 9		Grade 10
	(dollars in thousands)
Illinois/Indiana
Commercial	4.66	$	487,587	$	46,992	$	15,986	$	8,536	$	975
Commercial real estate	5.55	799,117		79,371		19,327		29,606		4,597
Real estate construction	7.11	21,585		16,376		11,920		7,686		3,862
Retail real estate	3.53	393,299		9,285		5,392		4,408		3,936
Retail other	2.64	8,451		60		—		4		—
Total Illinois/Indiana		$	1,710,039	$	152,084	$	52,625	$	50,240	$	13,370

Florida
Commercial	5.89	$	16,460	$	174	$	3,218	$	684	$	—
Commercial real estate	6.02	116,741		16,470		11,250		12,721		3,073
Real estate construction	6.64	7,886		7,961		743		836		—
Retail real estate	3.85	77,116		12,052		9,417		3,050		721
Retail other	1.72	552		—		—		—		—
Total Florida		$	218,755	$	36,657	$	24,628	$	17,291	$	3,794
Total		$	1,928,794	$	188,741	$	77,253	$	67,531	$	17,164

	December 31, 2012
	Weighted Avg. Risk Grade	Grades 1,3,6		Grade 7		Grade 8		Grade 9		Grade 10
	(dollars in thousands)
Illinois/Indiana
Commercial	4.68	$	346,536	$	46,201	$	12,374	$	15,677	$	2,039
Commercial real estate	5.53	644,695		110,012		50,305		28,655		9,295
Real estate construction	7.21	30,710		7,809		14,162		14,084		3,364
Retail real estate	3.62	385,949		6,729		7,806		5,874		2,855
Retail other	3.34	11,563		372		—		9		—
Total Illinois/Indiana		$	1,419,453	$	171,123	$	84,647	$	64,299	$	17,553

Florida
Commercial	5.91	$	6,359	$	3,544	$	162	$	796	$	—
Commercial real estate	6.36	80,232		20,667		13,238		19,279		4,754
Real estate construction	6.97	4,137		7,721		3,172		942		—
Retail real estate	3.98	83,578		6,369		13,225		3,265		2,797
Retail other	2.80	391		—		18		—		—
Total Florida		$	174,697	$	38,301	$	29,815	$	24,282	$	7,551
Total		$	1,594,150	$	209,424	$	114,462	$	88,581	$	25,104

Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans are placed on non-accrual status when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. Loans may be placed on non-accrual status regardless of whether or not such loans are considered past due. When interest accrual is discontinued, all unpaid accrued interest is reversed. Interest income is subsequently recognized only to the extent cash payments are received in excess of the principal due. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.

An age analysis of past due loans still accruing and non-accrual loans is as follows:

	December 31, 2013
	Loans past due, still accruing						Non-accrual
	30-59 Days		60-89 Days		90+Days		Loans
	(dollars in thousands)
Illinois/Indiana
Commercial	$	906	$	279	$	92	$	975
Commercial real estate	567		3,736		—		4,597
Real estate construction	—		—		—		3,862
Retail real estate	483		123		103		3,936
Retail other	20		—		—		—
Total Illinois/Indiana	$	1,976	$	4,138	$	195	$	13,370

Florida
Commercial	$	—	$	—	$	—	$	—
Commercial real estate	—		—		—		3,073
Real estate construction	—		—		—		—
Retail real estate	—		—		—		721
Retail other	—		—		—		—
Total Florida	$	—	$	—	$	—	$	3,794
Total	$	1,976	$	4,138	$	195	$	17,164

	December 31, 2012
	Loans past due, still accruing						Non-accrual
	30-59 Days		60-89 Days		90+Days		Loans
	(dollars in thousands)
Illinois/Indiana
Commercial	$	111	$	80	$	19	$	2,039
Commercial real estate	216		59		139		9,295
Real estate construction	—		—		—		3,364
Retail real estate	1,154		294		46		2,855
Retail other	2		2		—		—
Total Illinois/Indiana	$	1,483	$	435	$	204	$	17,553

Florida
Commercial	$	—	$	—	$	—	$	—
Commercial real estate	—		—		—		4,754
Real estate construction	—		—		—		—
Retail real estate	364		—		52		2,797
Retail other	—		3		—		—
Total Florida	$	364	$	3	$	52	$	7,551
Total	$	1,847	$	438	$	256	$	25,104

A loan is impaired when, based on current information and events, it is probable the Company will be unable to collect scheduled principal and interest payments when due according to the terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. The following loans are assessed for impairment by the Company: loans 60 days or more past due and over $0.25 million, loans graded 8 over $0.5 million and loans graded 9 or below.

Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of the expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogenous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential loans for impairment disclosures unless such loans are the subject of a restructuring agreement.

The Company actively seeks to reduce its investment in impaired loans. The primary tools to work through impaired loans are settlement with the borrowers or guarantors, foreclosure of the underlying collateral, loan sales to outside parties or restructuring. During the years ended December 31, 2013 and 2012, the Company sold problem loans from its portfolio, net of charge-offs, of $7.6 million and $22.1 million, respectively.

The gross interest income that would have been recorded in the years ended December 31, 2013, 2012 and 2011 if impaired loans had been current in accordance with their original terms was $1.3 million, $3.4 million, and $6.0 million, respectively. The amount of interest collected on those loans and recognized on a cash basis that was included in interest income was insignificant in 2013 and 2012 and $1.0 million for the year ended December 31, 2011.

The Company’s loan portfolio includes certain loans that have been modified in a troubled debt restructuring (“TDR”), where concessions have been granted to borrowers who have experienced financial difficulties. The Company will restructure loans for its customers who appear to be able to meet the terms of their loan over the long term, but who may be unable to meet the terms of the loan in the near term due to individual circumstances.

The Company considers the customer’s past performance, previous and current credit history, the individual circumstances surrounding the current difficulties and the customer’s plan to meet the terms of the loan in the future prior to restructuring the terms of the loan. Generally, all five primary areas of lending are restructured through short-term interest rate relief, short-term principal payment relief, short-term principal and interest payment relief, or forbearance (debt forgiveness). Once a restructured loan has gone 90+ days past due or is placed on non-accrual status, it is included in the non-performing loan totals. A summary of restructured loans as of December 31, 2013 and December 31, 2012 is as follows:

	December 31, 2013		December 31, 2012
	(dollars in thousands)
Restructured loans:
In compliance with modified terms	$	11,511	$	22,023
30 — 89 days past due	380		28
Included in non-performing loans	5,919		6,458
Total	$	17,810	$	28,509

All TDRs are considered to be impaired for purposes of assessing the adequacy of the allowance for loan losses and for financial reporting purposes. When the Company modifies a loan in a TDR, it evaluates any possible impairment similar to other impaired loans based on present value of the expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. If the Company determines that the value of the TDR is less than the recorded investment in the loan, impairment is recognized through an allowance estimate in the period of the modification and in periods subsequent to the modification.

The following table shows performing loans, segregated by class and geography, modified as TDRs that occurred during the three and twelve months ended December 31, 2013 and 2012:

	Three Months Ended December 31, 2013			Twelve Months Ended December 31, 2013
	Number of contracts	Recorded investment		Number of contracts	Recorded investment
	(dollars in thousands)

Illinois/Indiana
Commercial	1	$	98	1	$	98
Commercial real estate	1	246		2	465
Real estate construction	—	—		—	—
Retail real estate	1	16		1	16
Retail other	—	—		—	—
Total Illinois/Indiana	3	$	360	4	$	579

Florida
Commercial	—	$	—	—	$	—
Commercial real estate	—	—		1	87
Real estate construction	—	—		—	—
Retail real estate	—	—		—	—
Retail other	—	—		—	—
Total Florida	—	$	—	1	$	87
Total	3	$	360	5	$	666

	Three Months Ended			Twelve Months Ended
	December 31, 2012			December 31, 2012
	Number of	Recorded		Number of	Recorded
	contracts	investment		contracts	investment
	(dollars in thousands)
Illinois/Indiana
Commercial	1	$	752	4	$	2,032
Commercial real estate	1	600		2	2,669
Real estate construction	—	—		2	3,029
Retail real estate	—	—		9	1,476
Retail other	—	—		—	—
Total Illinois/Indiana	2	$	1,352	17	$	9,206

Florida
Commercial	—	$	—	—	$	—
Commercial real estate	1	571		1	571
Real estate construction	—	—		—	—
Retail real estate	1	178		3	880
Retail other	—	—		—	—
Total Florida	2	$	749	4	$	1,451
Total	4	$	2,101	21	$	10,657

The commercial TDR for the three and twelve months ended December 31, 2013 consisted of a short-term principal payment relief modification. The commercial real estate TDR for the three months ended December 31, 2013 consisted of a modification for short-term principal payment relief. The commercial real estate TDRs for the twelve months ended December 31, 2013 consisted of two modifications for short-term principal payment relief totaling $0.5 million and one modification for short-term interest rate relief totaling $0.1 million. The retail real estate TDR for the three and twelve months ended December 31, 2013 consisted of a modification for short-term interest rate relief.

The commercial TDRs for the three and twelve months ended December 31, 2012 consisted of short-term principal payment relief modifications. The commercial real estate TDRs for the three months ended December 31, 2012 consisted of two modifications for short-term principal payment relief. The commercial real estate TDRs for the twelve months ended December 31, 2012 consisted of one modification for short-term interest rate relief totaling $2.0 million and two modifications for short-term principal payment relief totaling $1.2 million. The real estate construction TDRs for the twelve months ended December 31, 2012 were a short-term principal payment relief modification totaling $0.2 million and a modification for a forbearance agreement totaling $2.8 million. The retail real estate TDR for the three months ended December 31, 2012 consisted of a modification for short-term interest rate relief. The retail real estate TDRs for the twelve months ended December 31, 2012 consisted of four modification for short-term interest rate relief totaling $1.0 million and eight modifications for short-term principal payment relief totaling $1.4 million.

The gross interest income that would have been recorded in the three and twelve months ended December 31, 2013 and 2012 if performing TDRs had been in accordance with their original terms instead of modified terms was insignificant.

TDRs that were classified as non-performing and had payment defaults (a default occurs when a loan is 90 days or more past due or transferred to non-accrual), segregated by class and geography, are shown below:

	Three Months Ended			Twelve Months Ended
	December 31, 2013			December 31, 2013
	Number of	Recorded		Number of	Recorded
	contracts	investment		contracts	investment
	(dollars in thousands)
Illinois/Indiana
Commercial	—	$	—	—	$	—
Commercial real estate	—	—		1	1,650
Real estate construction	—	—		1	222
Retail real estate	—	—		1	548
Retail other	—	—		—	—
Total Illinois/Indiana	—	$	—	3	$	2,420

Florida
Commercial	—	$	—	—	$	—
Commercial real estate	—	—		—	—
Real estate construction	—	—		—	—
Retail real estate	—	—		—	—
Retail other	—	—		—	—
Total Florida	—	$	—	—	$	—
Total	—	$	—	3	$	2,420

	Three Months Ended			Twelve Months Ended
	December 31, 2012			December 31, 2012
	Number of	Recorded		Number of	Recorded
	contracts	investment		contracts	investment
	(dollars in thousands)
Illinois/Indiana
Commercial	—	$	—	5	$	309
Commercial real estate	—	—		—	—
Real estate construction	—	—		—	—
Retail real estate	1	232		1	232
Retail other	—	—		—	—
Total Illinois/Indiana	1	$	232	6	$	541

Florida
Commercial	—	$	—	—	$	—
Commercial real estate	—	—		3	1,287
Real estate construction	—	—		—	—
Retail real estate	1	142		4	778
Retail other	—	—		—	—
Total Florida	1	$	142	7	$	2,065
Total	2	$	374	13	$	2,606

The following tables provide details of impaired loans, segregated by category and geography. The unpaid contractual principal balance represents the recorded balance prior to any partial charge-offs. The recorded investment represents customer balances net of any partial charge-offs recognized on the loan. The average recorded investment is calculated using the most recent four quarters.

	December 31, 2013
	Unpaid		Recorded
	Contractual		Investment		Recorded		Total				Average
	Principal		with No		Investment		Recorded		Related		Recorded
	Balance		Allowance		with Allowance		Investment		Allowance		Investment
	(dollars in thousands)
Illinois/Indiana
Commercial	$	2,825	$	1,684	$	602	$	2,286	$	485	$	4,169
Commercial real estate	8,866		3,671		3,740		7,411		1,977		10,335
Real estate construction	4,932		2,292		1,570		3,862		468		5,889
Retail real estate	5,583		3,267		2,010		5,277		604		5,296
Retail other	—		—		—		—		—		—
Total Illinois/Indiana	$	22,206	$	10,914	$	7,922	$	18,836	$	3,534	$	25,689

Florida
Commercial	$	—	$	—	$	—	$	—	$	—	$	—
Commercial real estate	7,108		3,946		1,319		5,265		416		6,662
Real estate construction	417		417		—		417		—		1,294
Retail real estate	10,346		9,005		537		9,542		337		11,079
Retail other	—		—		—		—		—		—
Total Florida	$	17,871	$	13,368	$	1,856	$	15,224	$	753	$	19,035
Total	$	40,077	$	24,282	$	9,778	$	34,060	$	4,287	$	44,724

	December 31, 2012
	Unpaid		Recorded
	Contractual		Investment		Recorded		Total				Average
	Principal		with No		Investment		Recorded		Related		Recorded
	Balance		Allowance		with Allowance		Investment		Allowance		Investment
	(dollars in thousands)
Illinois/Indiana
Commercial	$	11,557	$	7,214	$	265	$	7,479	$	265	$	10,109
Commercial real estate	17,656		12,020		1,288		13,308		634		14,607
Real estate construction	6,851		6,394		—		6,394		—		8,625
Retail real estate	6,251		4,666		530		5,196		140		5,206
Retail other	—		—		—		—		—		24
Total Illinois/Indiana	$	42,315	$	30,294	$	2,083	$	32,377	$	1,039	$	38,571

Florida
Commercial	$	—	$	—	$	—	$	—	$	—	$	271
Commercial real estate	9,533		5,988		585		6,573		235		6,506
Real estate construction	2,597		2,597		—		2,597		—		3,989
Retail real estate	16,518		12,673		1,373		14,046		483		15,254
Retail other	—		—		—		—		—		—
Total Florida	$	28,648	$	21,258	$	1,958	$	23,216	$	718	$	26,020
Total	$	70,963	$	51,552	$	4,041	$	55,593	$	1,757	$	64,591

Management’s opinion as to the ultimate collectability of loans is subject to estimates regarding future cash flows from operations and the value of property, real and personal, pledged as collateral. These estimates are affected by changing economic conditions and the economic prospects of borrowers.

Allowance for Loan Losses

The allowance for loan losses represents an estimate of the amount of losses believed inherent in the Company’s loan portfolio at the balance sheet date. The allowance for loan losses is evaluated geographically, by class of loans. The allowance calculation involves a high degree of estimation that management attempts to mitigate through the use of objective historical data where available. Loan losses are charged against the allowance for loan losses when management believes the uncollectibility of the loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. Overall, the Company believes the allowance methodology is consistent with prior periods and the balance was adequate to cover the estimated losses in the Company’s loan portfolio at December 31, 2013 and December 31, 2012.

The general portion of the Company’s allowance contains two components: (i) a component for historical loss ratios, and (ii) a component for adversely graded loans. The historical loss ratio component is an annualized loss rate calculated using a sum-of-years digits weighted 20 quarter historical average.

The Company’s component for adversely graded loans attempts to quantify the additional risk of loss inherent in the grade 8 and grade 9 portfolios. The grade 9 portfolio has an additional allocation placed on those loans determined by a one-year charge-off percentage for the respective loan type/geography. The minimum additional reserve on a grade 9 loan was 3.00% as of December 31, 2013 and 2012, which is an estimate of the additional loss inherent in these loan grades based upon a review of overall historical charge-offs. As of December 31, 2013, the Company believed this minimum reserve remained adequate.

Grade 8 loans have an additional allocation placed on them determined by the trend difference of the respective loan type/geography’s rolling 12 and 20 quarter historical loss trends. If the rolling 12 quarter average is higher (more current information) than the rolling 20 quarter average, the Company adds the additional amount to the allocation. The minimum additional amount for grade 8 loans was 1.00% as of December 31, 2013 and 2012, based upon a review of the differences between the rolling 12 and 20 quarter historical loss averages by region. As of December 31, 2013, the Company believed this minimum additional amount remained adequate.

The specific portion of the Company’s allowance relates to loans that are impaired, which includes non-performing loans, TDRs and other loans determined to be impaired. The impaired loans are subtracted from the general loans and are allocated specific reserves as discussed above.

Impaired loans are reported at the fair value of the underlying collateral, less estimated costs to sell, if repayment is expected solely from the collateral. Collateral values are estimated using a combination of observable inputs, including recent appraisals discounted for collateral specific changes and current market conditions, and unobservable inputs based on customized discounting criteria.

The general quantitative allocation based upon historical charge off rates is adjusted for qualitative factors based on current general economic conditions and other qualitative risk factors both internal and external to the Company. In general, such valuation allowances are determined by evaluating, among other things: (i) Management & Staff; (ii) Loan Underwriting, Policy and Procedures; (iii) Internal/External Audit & Loan Review; (iv) Valuation of Underlying Collateral; (v) Macro and Local Economic Factor; (vi) Impact of Competition, Legal & Regulatory Issues; (vii) Nature and Volume of Loan Portfolio; (viii) Concentrations of Credit; (ix) Net Charge-Off Trend; and (x) Non-Accrual, Past Due and Classified Trend. Management evaluates the degree of risk that each one of these components has on the quality of the loan portfolio on a quarterly basis. Based on each component’s risk factor, a qualitative adjustment to the reserve may be applied to the appropriate loan categories.

During the fourth quarter of 2013, the Company adjusted Illinois/Indiana and Florida qualitative factors relating to Management & Staff, Loan Underwriting, Policy and Procedures, Impact of Competition, Legal & Regulatory Issues, Nature and Volume of Loan Portfolio and Net Charge-Off Trend. Adjustments to increase qualitative factors were made to offset decreasing quantitative factors and represent managements evaluation of risk in a period of loan growth and economic stability. The adjustment of the qualitative factors increased our allowance requirements by $5.0 million at December 31, 2013 compared to the method used for September 30, 2013. The Company will continue to monitor its qualitative factors on a quarterly basis.

Changes in the allowance for loan losses were as follows:

	Years Ended December 31,
	2013			2012			2011
	(dollars in thousands)

Balance, beginning of year	$	48,012		$	58,506		$	76,038
Provision for loan losses	7,500			16,500			20,000
Recoveries applicable to loan balances previously charged-off	2,724			3,069			7,881
Loan balances charged-off	(10,669		)	(30,063		)	(45,413		)

Balance, end of year	$	47,567		$	48,012		$	58,506

The following table details activity on the allowance for loan losses. Allocation of a portion of the allowance to one category does not preclude its availability to absorb losses in other categories.

	Year Ended December 31, 2013
				Commercial			Real Estate			Retail Real
	Commercial			Real Estate			Construction			Estate			Retail Other			Total
	(dollars in thousands)
Illinois/Indiana
Beginning balance	$	6,597		$	15,023		$	2,527		$	8,110		$	322		$	32,579
Provision for loan loss	2,681			2,143			847			616			63			6,350
Charged-off	(964		)	(1,361		)	(1,212		)	(2,187		)	(511		)	(6,235		)
Recoveries	138			574			378			323			342			1,755
Ending Balance	$	8,452		$	16,379		$	2,540		$	6,862		$	216		$	34,449

Florida
Beginning balance	$	1,437		$	6,062		$	2,315		$	5,614		$	5		$	15,433
Provision for loan loss	414			2,225			(1,419		)	(51		)	(19		)	1,150
Charged-off	—			(2,543		)	(56		)	(1,828		)	(7		)	(4,434		)
Recoveries	75			(11		)	328			552			25			969
Ending Balance	$	1,926		$	5,733		$	1,168		$	4,287		$	4		$	13,118

	Year Ended December 31, 2012
				Commercial			Real Estate			Retail Real
	Commercial			Real Estate			Construction			Estate			Retail Other			Total
	(dollars in thousands)
Illinois/Indiana
Beginning balance	$	9,143		$	18,605		$	4,352		$	6,473		$	464		$	39,037
Provision for loan loss	1,428			10,058			(270		)	4,397			278			15,891
Charged-off	(4,176		)	(14,016		)	(1,883		)	(3,264		)	(636		)	(23,975		)
Recoveries	202			376			328			504			216			1,626
Ending Balance	$	6,597		$	15,023		$	2,527		$	8,110		$	322		$	32,579

Florida
Beginning balance	$	1,939		$	8,413		$	2,936		$	6,160		$	21		$	19,469
Provision for loan loss	(811		)	(619		)	(555		)	2,626			(32		)	609
Charged-off	(246		)	(1,858		)	(336		)	(3,646		)	(2		)	(6,088		)
Recoveries	555			126			270			474			18			1,443
Ending Balance	$	1,437		$	6,062		$	2,315		$	5,614		$	5		$	15,433

	Year Ended December 31, 2011
	Commercial			Commercial Real Estate			Real Estate Construction			Retail Real Estate			Retail Other			Total
	(dollars in thousands)
Illinois/Indiana
Beginning balance	$	11,827		$	19,504		$	7,186		$	5,199		$	2,473		$	46,189
Provision for loan loss	2,565			9,604			1,478			4,463			(2,743		)	15,367
Charged-off	(6,779		)	(10,643		)	(4,983		)	(3,973		)	(634		)	(27,012		)
Recoveries	1,530			140			671			784			1,368			4,493
Ending Balance	$	9,143		$	18,605		$	4,352		$	6,473		$	464		$	39,037

Florida
Beginning balance	$	2,013		$	13,291		$	4,717		$	9,748		$	80		$	29,849
Provision for loan loss	3,841			(2,130		)	195			2,773			(46		)	4,633
Charged-off	(3,947		)	(3,655		)	(2,573		)	(8,192		)	(34		)	(18,401		)
Recoveries	32			907			597			1,831			21			3,388
Ending Balance	$	1,939		$	8,413		$	2,936		$	6,160		$	21		$	19,469

The following table presents the allowance for loan losses and recorded investments in loans by category and geography:

	As of December 31, 2013
	Commercial		Commercial Real Estate		Real Estate Construction		Retail Real Estate		Retail Other		Total
	(dollars in thousands)
Illinois/Indiana
Amount allocated to:
Loans individually evaluated for impairment	$	485	$	1,977	$	468	$	604	$	—	$	3,534
Loans collectively evaluated for impairment	7,967		14,402		2,072		6,258		216		30,915
Ending Balance	$	8,452	$	16,379	$	2,540	$	6,862	$	216	$	34,449

Loans:
Loans individually evaluated for impairment	$	2,286	$	7,411	$	3,862	$	5,277	$	—	$	18,836
Loans collectively evaluated for impairment	557,790		924,607		57,567		413,020		8,515		1,961,499
Ending Balance	$	560,076	$	932,018	$	61,429	$	418,297	$	8,515	$	1,980,335

Florida
Amount allocated to:
Loans individually evaluated for impairment	$	—	$	416	$	—	$	337	$	—	$	753
Loans collectively evaluated for impairment	1,926		5,317		1,168		3,950		4		12,365
Ending Balance	$	1,926	$	5,733	$	1,168	$	4,287	$	4	$	13,118

Loans:
Loans individually evaluated for impairment	$	—	$	5,265	$	417	$	9,542	$	—	$	15,224
Loans collectively evaluated for impairment	20,536		154,990		17,009		92,814		552		285,901
Ending Balance	$	20,536	$	160,255	$	17,426	$	102,356	$	552	$	301,125

	As of December 31, 2012
	Commercial		Commercial Real Estate		Real Estate Construction		Retail Real Estate		Retail Other		Total
	(dollars in thousands)
Illinois/Indiana
Amount allocated to:
Loans individually evaluated for impairment	$	265	$	634	$	—	$	140	$	—	$	1,039
Loans collectively evaluated for impairment	6,332		14,389		2,527		7,970		322		31,540
Ending Balance	$	6,597	$	15,023	$	2,527	$	8,110	$	322	$	32,579

Loans:
Loans individually evaluated for impairment	$	7,479	$	13,308	$	6,394	$	5,196	$	—	$	32,377
Loans collectively evaluated for impairment	415,348		829,654		63,735		404,867		11,944		1,725,548
Ending Balance	$	422,827	$	842,962	$	70,129	$	410,063	$	11,944	$	1,757,925

Florida
Amount allocated to:
Loans individually evaluated for impairment	$	—	$	235	$	—	$	483	$	—	$	718
Loans collectively evaluated for impairment	1,437		5,827		2,315		5,131		5		14,715
Ending Balance	$	1,437	$	6,062	$	2,315	$	5,614	$	5	$	15,433

Loans:
Loans individually evaluated for impairment	$	—	$	6,573	$	2,597	$	14,046	$	—	$	23,216
Loans collectively evaluated for impairment	10,861		131,597		13,375		95,724		409		251,966
Ending Balance	$	10,861	$	138,170	$	15,972	$	109,770	$	409	$	275,182

Loan Servicing

12 Months Ended

Dec. 31, 2013

Loan Servicing

Loan Servicing

Note 5. Loan Servicing

The unpaid principal balances of loans serviced by the Company for the benefit of others are not included in the accompanying Consolidated Balance Sheets. These unpaid principal balances were $1.44 billion and $1.34 billion as of December 31, 2013 and 2012, respectively. Servicing loans for others generally consists of collecting mortgage payments, maintaining escrow accounts, disbursing payments to investors and collection and foreclosure processing. Loan servicing income is recorded on the accrual basis and includes servicing fees from investors and certain charges collected from borrowers, such as late payment fees, and is net of amortization of capitalized mortgage servicing rights.

The balance of capitalized servicing rights included in other assets at December 31, 2013 and 2012, was $5.1 million and $5.3 million, respectively. The fair values of these servicing rights were $6.4 million and $8.6 million, respectively, at December 31, 2013 and 2012. The following summarizes mortgage servicing rights capitalized and amortized:

	For the Years Ended December 31,
	2013		2012		2011
	(dollars in thousands)

Mortgage servicing rights capitalized	$	2,490	$	2,794	$	2,741
Mortgage servicing rights amortized	$	2,650	$	2,972	$	2,530

Premises and Equipment

12 Months Ended

Dec. 31, 2013

Premises and Equipment

Premises and Equipment

Note 6. Premises and Equipment

Premises and equipment are summarized as follows:

	December 31,
	2013		2012
	(dollars in thousands)

Land and improvements	$	21,532	$	22,732
Buildings and improvements	62,159		65,099
Furniture and equipment	33,622		41,626
	117,313		129,457
Less accumulated depreciation	51,486		58,390
Total premises and equipment	$	65,827	$	71,067

Depreciation expense was $5.5 million, $5.4 million, and $5.5 million for the years ended December 31, 2013, 2012 and 2011, respectively.

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2013

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Note 7: Goodwill and Other Intangible Assets

Other than goodwill, the Company does not have any other intangible assets that are not amortized. Accounting standards allow for goodwill to be tested for impairment by first performing a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying value. If the reporting unit does not pass the qualitative assessment, then the reporting unit’s carrying value is compared to its fair value.

The Company’s remaining goodwill is associated with the operations of Busey Wealth Management and FirsTech. Based upon interim impairment testing in the third quarter of 2009, the $208.2 million of goodwill associated with Busey Bank and the parent company was determined to be impaired and written off.

Based on the impairment testing performed at December 31, 2013, Busey Wealth Management and FirsTech did not have indicators of potential impairment based on the estimated fair value of those operating segments. Busey Wealth Management and FirsTech have sustained quarterly and annual profits. However, it is possible we will evaluate our goodwill for impairment on a more frequent basis than annually. The evaluation may result in further impairment.

There were no changes in the carrying amount of goodwill by operating segment during 2013 or 2012. The carrying amount of goodwill by operating segment, in thousands, at December 31, 2013 and 2012 is as follows:

Goodwill:
FirsTech	$	8,992
Busey Wealth Management	11,694
Total Goodwill	$	20,686

Core deposit and customer relationship intangible assets are amortized on an accelerated or straight-line basis over the estimated period benefited up to 10 years. Other intangible asset disclosures are as follows:

	Balance at December 31, 2012		Amortization		Balance at December 31, 2013
	(dollars in thousands)
Amortized intangible assets:
Core deposit intangible assets	$	8,174	$	2,050	$	6,124
Customer relationship intangible assets	4,529		1,082		3,447
	$	12,703	$	3,132	$	9,571

	Core deposit intangible		Customer relationship intangible
	(dollars in thousands)
As of December 31, 2013:
Gross carrying amount	$	34,836	$	11,320
Accumulated amortization	28,712		7,873
	$	6,124	$	3,447

Estimated amortization expense:
2014	$	1,870	$	1,014
2015	1,719		972
2016	1,644		929
2017	891		532
	$	6,124	$	3,447

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Deposits

12 Months Ended

Dec. 31, 2013

Deposits

Deposits

Note 8. Deposits

The composition of deposits is as follows:

	December 31,
	2013		2012
	(dollars in thousands)
Demand deposits, non-interest-bearing	$	547,531	$	611,043
Interest-bearing transaction deposits	61,384		66,295
Savings deposits	206,587		202,263
Money market deposits	1,471,265		1,409,492
Time deposits	582,371		691,199
Total	$	2,869,138	$	2,980,292

The aggregate amount of time deposits with a minimum denomination of $100,000 was approximately $163.7 million and $202.4 million at December 31, 2013 and 2012, respectively. National deposits of $0.5 million and $0.7 million are included in the balance of time deposits as of December 31, 2013 and 2012, respectively. The Company did not have any brokered deposits at December 31, 2013 or 2012.

As of December 31, 2013, the scheduled maturities of time deposits, in thousands, are as follows:

2014	$	349,128
2015	112,585
2016	60,553
2017	41,076
2018	19,025
Thereafter	4
	$	582,371

Securities Sold Under Agreements to Repurchase

12 Months Ended

Dec. 31, 2013

Securities Sold Under Agreements to Repurchase

Securities Sold Under Agreements to Repurchase

Note 9. Securities Sold Under Agreements to Repurchase

Securities sold under agreements to repurchase, which are classified as secured borrowings, generally mature either daily or within one year from the transaction date. Securities sold under agreements to repurchase are reflected at the amount of cash received in connection with the transaction. The underlying securities are held by the Company’s safekeeping agent. The Company may be required to provide additional collateral based on the fair value of the underlying securities. The following table sets forth the distribution of securities sold under agreements to repurchase and weighted average interest rates:

	December 31,
	2013			2012
	(dollars in thousands)
Balance	$	172,348		$	139,024
Weighted average interest rate at end of period	0.13		%	0.15		%
Maximum outstanding at any month end	$	172,348		$	146,710
Average daily balance	$	137,777		$	132,150
Weighted average interest rate during period (1)	0.14		%	0.21		%

(1)The weighted average interest rate is computed by dividing total interest for the period by the average daily balance outstanding.

Short-term Borrowings	12 Months Ended
Short-term Borrowings	Dec. 31, 2013
Short-term Borrowings
Short-term Borrowings	Note 10. Short-term Borrowings Short-term borrowings consist of advances which mature in less than one year from date of origination. At December 31, 2012, the Company had an operating line in the amount of $20.0 million from its primary correspondent bank. The Company had no outstanding amounts on its operating line at December 31, 2012. The line, which was collateralized by the outstanding shares of the Bank, matured on May 31, 2013 and was not renewed.

Long-term Debt

12 Months Ended

Dec. 31, 2013

Long-term Debt

Long-term Debt

Note 11. Long-term Debt

Long-term debt is summarized as follows:

	December 31,
	2013		2012
	(dollars in thousands)
Notes payable, Federal Home Loan Bank of Chicago, collateralized by all otherwise unpledged U.S. Treasury securities and obligations of U.S. government corporations and agencies, first mortgages on 1-4 family residential real estate loans and Federal Home Loan Bank stock.	$	—	$	7,000

As of December 31, 2012, funds borrowed from the Federal Home Loan Bank, listed above, consisted of fixed-rate advances maturing through May 2013, with interest rates ranging from 4.68% to 5.39%. The weighted average rate on these long-term advances was 5.29% as of December 31, 2012.

Junior Subordinated Debt Owed to Unconsolidated Trusts

12 Months Ended

Dec. 31, 2013

Junior Subordinated Debt Owed to Unconsolidated Trusts

Junior Subordinated Debt Owed to Unconsolidated Trusts

Note 12. Junior Subordinated Debt Owed to Unconsolidated Trusts

First Busey Corporation has established statutory trusts for the sole purpose of issuing trust preferred securities and related trust common securities. The proceeds from such issuances were used by the trusts to purchase junior subordinated notes of the Company, which are the sole assets of each trust. Concurrent with the issuance of the trust preferred securities, the Company issued guarantees for the benefit of the holders of the trust preferred securities. The trust preferred securities are issues that qualify, and are treated by the Company, as Tier I regulatory capital. The Company owns all of the common securities of each trust. The trust preferred securities issued by each trust rank equally with the common securities in right of payment, except that if an event of default under the indenture governing the notes has occurred and is continuing, the preferred securities will rank senior to the common securities in right of payment.

The table below summarizes the outstanding junior subordinated notes and the related trust preferred securities issued by each trust as of December 31, 2013:

	First Busey Statutory Trust II	First Busey Statutory Trust III	First Busey Statutory Trust IV

Junior Subordinated Notes:
Principal balance	$15,000,000	$10,000,000	$30,000,000
Annual interest rate(1)	3-mo LIBOR + 2.65%	3-mo LIBOR + 1.75%	3-mo LIBOR + 1.55%
Stated maturity date	June 17, 2034	June 15, 2035	June 15, 2036

Trust Preferred Securities:
Face value	$15,000,000	$10,000,000	$30,000,000
Annual distribution rate(1)	3-mo LIBOR + 2.65%	3-mo LIBOR + 1.75%	3-mo LIBOR + 1.55%
Issuance date	April 30, 2004	June 15, 2005	June 15, 2006
Distribution dates(2)	Quarterly	Quarterly	Quarterly

(1) First Busey Statutory Trust IV maintained a 5-year fixed coupon of 6.94% through June 10, 2011, subsequently converting to a floating 3-month LIBOR +1.55%.

(2) All cash distributions are cumulative.

The trust preferred securities are subject to mandatory redemption, in whole or in part, upon repayment of the junior subordinated notes at par value at the stated maturity date or upon redemption. Each trust’s ability to pay amounts due on the trust preferred securities is solely dependent upon the Company making payment on the related junior subordinated notes. The Company’s obligations under the junior subordinated notes and other relevant trust agreements, in aggregate, constitute a full and unconditional guarantee by the Company of each trust’s obligations under the trust preferred securities issued by each trust. The Company has the right to defer payment of interest on the notes, in which case the distributions on the trust preferred securities will also be deferred, for up to five years, but not beyond the stated maturity date in the table above. The Company does not expect to exercise this right.

In March 2005, the Board of Governors of the Federal Reserve System issued a final rule allowing bank holding companies to continue to include qualifying trust preferred securities in their Tier I Capital for regulatory capital purposes, subject to a 25% limitation to all core (Tier I) capital elements, net of goodwill and other intangible assets less any associated deferred tax liability. The final rule provided a five-year transition period, which was extended to March 31, 2011, for applications of the aforementioned quantitative limitation. As of December 31, 2013, 100% of the trust preferred securities noted in the table above qualified as Tier I capital under the final rule adopted in March 2005.

The Dodd-Frank Act required the Board of Governors of the Federal Reserve System to establish minimum capital levels for bank holding companies on a consolidated basis that are as stringent as those required for insured depository institutions. The components of Tier 1 capital will be restricted to capital instruments that are currently considered to be Tier 1 capital for insured depository institutions. As a result, the proceeds of trust preferred securities will be excluded from Tier 1 capital unless such securities were issued prior to May 19, 2010 by bank holding companies with less than $15 billion of assets. As the Company has assets of less than $15 billion, it will be able to maintain its trust preferred proceeds as Tier 1 capital but it will have to comply with new capital mandates in other respects, and it will not be able to raise Tier 1 capital in the future through the issuance of trust preferred securities.

Capital

12 Months Ended

Dec. 31, 2013

Capital

Capital

Note 13. Capital

Issuance of Preferred Stock Under Small Business Lending Fund

On August 25, 2011, the Company entered into the Purchase Agreement with the Treasury, pursuant to which the Company issued and sold to the Treasury 72,664 shares of its Series C Preferred Stock, having a liquidation preference of $1,000 per share, for aggregate proceeds of $72.7 million (which were used to partially finance the Company’s redemption of Series T Preferred Stock as described below). The SBLF is a Treasury lending program that encourages qualified community banks to partner with small businesses and entrepreneurs to create jobs and promote economic development in local communities.

The Series C Preferred Stock qualifies as Tier 1 capital for the Company. Non-cumulative dividends are payable quarterly on the Series C Preferred Stock, which began October 1, 2011. The dividend rate is calculated as a percentage of the aggregate “Liquidation Amount” of the outstanding Series C Preferred Stock and will be based on changes in the level of “Qualified Small Business Lending” or “QSBL” (as such terms are defined in the Purchase Agreement) by the Bank. Based upon the lack of increase in the Bank’s level of QSBL over the baseline level calculated under the terms of the Purchase Agreement, the dividend rate for the initial dividend period, which was from the date of issuance through September 30, 2011, was set at 5%. For the 2nd through 10th calendar quarters, which ended December 31, 2013, the annual dividend rate also remained at 5%. For the 11th calendar quarter, beginning January 1, 2014 through 4.5 years after issuance, the dividend rate will be fixed at between 1% and 7% based upon the level of QSBL as compared to the baseline. In the third quarter of 2013, the Company had meaningful progress in commercial loan growth which led to the successful attainment of targets under the SBLF program. The achievement of this important milestone under SBLF will yield a lower dividend rate in 2014 of 1%. After 4.5 years from issuance, the dividend rate will increase to 9%.

The Series C Preferred Stock is non-voting, except in limited circumstances. The Company may redeem the shares of Series C Preferred Stock, in whole or in part, at any time at a redemption price equal to the sum of the Liquidation Amount per share and the per share amount of any unpaid dividends for the then-current period, subject to any required prior approval by the Company’s primary federal banking regulator.

Redemption of Series T Preferred Stock

The Company’s Fixed Rate Cumulative Perpetual Preferred Stock, Series T (the “Series T Preferred Stock”), was issued to the Treasury on March 6, 2009 in connection with the Company’s participation in the TARP Capital Purchase Program (“CPP”). On August 25, 2011, the Company entered into and consummated the transactions contemplated by a letter agreement (the “Repurchase Document”) with the Treasury. Under the Repurchase Document, the Company redeemed from the Treasury, in part using the proceeds from the issuance of the Series C Preferred Stock, all 100,000 outstanding shares of its Series T Preferred Stock, for a redemption price of approximately $100.1 million, including accrued but unpaid dividends to the date of redemption.

In connection with the Company’s participation in the CPP, the Company also issued to Treasury a warrant to purchase 1,147,666 shares of the Company’s common stock. Subsequent to the date of the Company’s participation in the CPP, it raised additional capital through a public offering of common stock and, as a result of that offering, the number of shares of common stock subject to the warrant were reduced by 50% to 573,833. On November 23, 2011 the Treasury completed an auction to sell to an unrelated party its warrant in a private transaction. At December 31, 2013, this warrant to purchase 573,833 shares of the Company’s common stock remained outstanding.

Series B Convertible Cumulative Preferred Stock Issuance and Subsequent Conversion

On December 28, 2010, the Company completed a registered direct offering, issuing 318.6225 shares of Series B Convertible Cumulative Preferred Stock (the “Series B Preferred Stock”) at a price of $100,000 per share, or $31.9 million in the aggregate. The Series B Preferred Stock had a liquidation preference of $100,000 per share and annual dividend of 9.0%.

On March 1, 2011, the Company’s stockholders approved the conversion of the shares of the Series B Preferred Stock issued December 28, 2010, at $4.25 per share, the same price at which shares of common stock had been issued in a common stock issuance contemporaneous with the offering of Series B Preferred Stock, resulting in an additional 7,497,000 common shares outstanding. Following the conversion, no shares of Series B Preferred Stock remained outstanding.

Regulatory Capital

The ability of the Company to pay cash dividends to its stockholders and to service its debt historically was dependent on the receipt of cash dividends from its subsidiaries. However, Busey Bank sustained significant losses during 2008 and 2009 resulting in pressure on capital, which has been enhanced through injections by the Company. State chartered banks have certain statutory and regulatory restrictions on the amount of cash dividends they may pay. Due to the significant retained earnings deficit and the Company’s desire to maintain a strong capital position at Busey Bank, dividends were not paid out of Busey Bank in 2011, 2012 or 2013. Until such time as retained earnings have been restored, Busey Bank will not be permitted to pay dividends and we will need to request permission from Busey Bank’s primary regulator to receive any capital out of Busey Bank. On January 22, 2013, with the approval of its primary regulator, Busey Bank transferred $50.0 million to the Company representing a return of capital and associated surplus as a result of an amendment to Busey Bank’s charter.

The Company and the Bank are subject to regulatory capital requirements administered by federal and state banking agencies that involve the quantitative measure of their assets, liabilities, and certain off-balance-sheet items, as calculated under regulatory accounting practices. Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the table below) of total and Tier I capital (as defined in the regulations) to risk-weighted assets (as defined in the regulations), and, for the Bank, Tier 1 capital (as defined) to average assets (as defined in the regulations). Failure to meet minimum capital requirements may cause regulatory bodies to initiate certain discretionary and/or mandatory actions that, if undertaken, may have a direct material effect on the Company’s financial statements. The Company, as a financial holding company, is required to be “well-capitalized” in the two capital categories based on risk-weighted assets, as shown in the table below. The Company believes, as of December 31, 2013, that it and the Bank met all capital adequacy requirements to which they were subject, including the guidelines to be considered “well-capitalized.”

					Minimum				Minimum
					Capital				To Be Well
	Actual				Requirement				Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(dollars in thousands)
As of December 31, 2013:

Total Capital (to Risk Weighted Assets)
Consolidated	$	449,407	18.21	%	$	197,422	8.00	%	$	246,777	10.00	%
Busey Bank	$	396,248	16.17	%	$	196,002	8.00	%	$	245,002	10.00	%

Tier I Capital (to Risk Weighted Assets)
Consolidated	$	417,564	16.92	%	$	98,711	4.00	%	$	148,067	6.00	%
Busey Bank	$	364,625	14.88	%	$	98,001	4.00	%	$	147,001	6.00	%

Tier I Capital (to Average Assets)
Consolidated	$	417,564	12.02	%	$	138,896	4.00	%	N/A		N/A
Busey Bank	$	364,625	10.66	%	$	136,818	4.00	%	$	171,023	5.00	%

As of December 31, 2012:

Total Capital (to Risk Weighted Assets)
Consolidated	$	419,343	18.63	%	$	180,026	8.00	%	$	225,033	10.00	%
Busey Bank	$	406,597	18.14	%	$	179,278	8.00	%	$	224,097	10.00	%

Tier I Capital (to Risk Weighted Assets)
Consolidated	$	390,304	17.34	%	$	90,013	4.00	%	$	135,020	6.00	%
Busey Bank	$	377,673	16.85	%	$	89,639	4.00	%	$	134,458	6.00	%

Tier I Capital (to Average Assets)
Consolidated	$	390,304	11.30	%	$	138,151	4.00	%	N/A		N/A
Busey Bank	$	377,673	10.99	%	$	137,488	4.00	%	$	171,859	5.00	%

In July 2013, the U.S. federal banking authorities approved the implementation of the Basel III regulatory capital reforms and issued rules effecting certain changes required by the Dodd-Frank Act (the “Basel III Rules”). The Basel III Rules are applicable to all U.S. banks that are subject to minimum capital requirements, as well as to bank and savings and loan holding companies other than “small bank holding companies” (generally bank holding companies with consolidated assets of less than $500 million). The Basel III Rules not only increase most of the required minimum regulatory capital ratios, but they introduce a new Common Equity Tier 1 Capital ratio and the concept of a capital conservation buffer. The Basel III Rules also expand the definition of capital as in effect currently by establishing criteria that instruments must meet to be considered Additional Tier 1 Capital (Tier 1 Capital in addition to Common Equity) and Tier 2 Capital. A number of instruments that now generally qualify as Tier 1 Capital will not qualify, or their qualifications will change when the Basel III Rules are fully implemented. The Basel III Rules also permit banking organizations with less than $15.0 billion in assets to retain, through a one-time election, the existing treatment for accumulated other comprehensive income, which currently does not affect regulatory capital. The Basel III Rules have maintained the general structure of the current prompt corrective action framework, while incorporating the increased requirements. The prompt corrective action guidelines were also revised to add the Common Equity Tier 1 Capital ratio. In order to be a “well-capitalized” depository institution under the new regime, a bank and holding company must maintain a Common Equity Tier 1 Capital ratio of 6.5% or more; a Tier 1 Capital ratio of 8% or more; a Total Capital ratio of 10% or more; and a leverage ratio of 5% or more. Generally, financial institutions become subject to the new Basel III Rules on January 1, 2015, with phase-in periods for many of the changes. Management is in the process of assessing the effect the Basel III Rules may have on the Company’s and the Bank’s capital positions and will monitor developments in this area.

- Definition

The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1G
-URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958577-112826

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1C
-URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958572-112826

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1E
-URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958574-112826

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1H
-URI http://asc.fasb.org/extlink&oid=7881181&loc=d3e65071-112826

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958569-112826

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958570-112826

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1F
-URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958575-112826

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958568-112826

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1D
-URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958573-112826

+ Details

Income Taxes

12 Months Ended

Dec. 31, 2013

Income Taxes

Income Taxes

Note 14. Income Taxes

The components of income taxes consist of:

	Years Ended December 31,
	2013		2012		2011
	(dollars in thousands)
Current	$	4,020	$	1,926	$	2,194
Deferred	10,091		8,571		12,776

Total income tax expense	$	14,111	$	10,497	$	14,970

A reconciliation of federal and state income taxes at statutory rates to the income taxes included in the statements of income is as follows:

	Years Ended December 31,
	2013		2012		2011
	% of		% of		% of
	Pretax		Pretax		Pretax
	Income		Income		Loss

Income tax at statutory rate	35.0	%	35.0	%	35.0	%
Effect of:
Tax-exempt interest, net	(3.5	)%	(4.5	)%	(2.6	)%
State income taxes, net	4.5	%	3.5	%	2.1	%
Income on bank owned life insurance	(0.9	)%	(1.8	)%	(1.0	)%
Other, net	(2.2	)%	(0.3	)%	(0.1	)%

	32.9	%	31.9	%	33.4	%

Net deferred taxes at December 31, 2013 and 2012 in the accompanying Consolidated Balance Sheets, include the following amounts of deferred tax assets and liabilities:

	2013			2012
	(dollars in thousands)
Deferred tax assets:
Allowance for loan losses	$	19,416		$	19,597
Stock-based compensation	1,319			1,183
Loan adjustments	108			396
Deferred compensation	2,015			1,993
Accrued vacation	545			576
Employee costs	1,264			616
Other	1,780			1,423
	$	26,447		$	25,784

Deferred tax liabilities:
Investment securities:
Unrealized gains on securities available for sale	$	(3,119	)	$	(9,479	)
Other	(2,450		)	(2,273		)
Basis in premises and equipment	(2,590		)	(2,215		)
Mortgage servicing assets	(2,097		)	(2,159		)
Basis in core deposit and customer intangible assets	(3,908		)	(5,185		)
Deferred loan origination costs	(20		)	(303		)
	$	(14,184	)	$	(21,614	)
Net operating loss carryforward, net of valuation allowance	23,379			35,203
Net deferred tax assets	$	35,642		$	39,373

At December 31, 2013 and December 31, 2012, the Company had federal and Illinois net operating loss carryforwards of $23.4 million and $35.2 million, respectively. These net operating loss carryforwards will expire in 2030.

At December 31, 2013, the Company also had Indiana and Florida net operating loss carryforwards of $1.5 million, which will begin to expire in 2030. Due to the uncertainty as to whether the Company will be able to realize the Indiana and Florida carryforwards, the Company has a full valuation allowance of $1.5 million related to these net operating loss carryforwards.

Management believes that it is more likely than not that the other deferred tax assets included in the accompanying Consolidated Balance Sheets will be fully realized. The Company has determined that no valuation allowance is required for any other deferred tax assets as of December 31, 2013, although there is no guarantee that those assets will be recognizable in future periods.

Employee Benefit Plans

12 Months Ended

Dec. 31, 2013

Employee Benefit Plans

Employee Benefit Plans

Note 15. Employee Benefit Plans

Employees’ Stock Ownership Plan

The First Busey Corporation Employees’ Stock Ownership Plan (“ESOP”) is available to all full-time employees who meet certain age and length of service requirements. The ESOP trust fund is able to purchase common shares of the Company using the proceeds of bank borrowings which are generally secured by the common shares. As of December 31, 2013 and 2012, the ESOP trust had no outstanding bank borrowings or debt. Allocations of contributions and forfeitures are based on the eligible compensation of each participant. Dividends on allocated shares of common stock are distributed directly to the participants. All shares held by the ESOP, which were acquired prior to the issuance of FASB ASC Topic 718-40, “Employee Stock Ownership Plans” (ASC 718-40), are included in the computation of average common shares and common share equivalents. This accounting treatment is grandfathered under ASC 718-40 for shares purchased prior to December 31, 1992.

In applicable years, as the ESOP made payments of principal on borrowings an appropriate percentage of stock was allocated to eligible employees’ accounts in accordance with appropriate regulations under the Internal Revenue Code. Compensation expense for shares released was equal to the fair market value of the shares when released. During 2012 and 2011, $0.1 million of compensation expense was recognized for the ESOP, releasing 20,000 shares to participant accounts in each year. Compensation expense related to the ESOP is included in the chart below under “Employee Benefits.”

All shares held in the ESOP which were acquired prior to December 31, 1992 were allocated as of December 31, 2006. The number of shares and associated fair values were 543,471 worth $3.2 million and 594,504 worth $2.8 million at December 31, 2013 and 2012, respectively.

Shares held in the ESOP which were acquired after December 31, 1992 and their fair values were as follows:

	2013			2012
		Fair			Fair
	Shares	Value		Shares	Value
	(dollars in thousands)
Allocated shares	192,171	$	1,115	212,146	$	986

Profit Sharing Plan

All full-time employees who meet certain age and service requirements are eligible to participate in the Company’s profit-sharing plan. The contributions, if any, are determined solely by the boards of directors of the Company and its subsidiaries, and in no case may the annual contributions be greater than the amounts deductible for federal income tax purposes for that year.

The rights of the participants vest ratably over a five-year period, except for the 401(k) match portion, which vests immediately. Expenses related to the employee benefit plans are included in the statements of income as follows:

	Years Ended December 31,
	2013		2012		2011
	(dollars in thousands)

Employee benefits	$	2,975	$	3,024	$	2,985
Interest on employee stock ownership plan debt	—		5		11

Total employer contributions	$	2,975	$	3,029	$	2,996

The Company sponsors deferred compensation plans for executive officers for deferral of compensation. The deferred compensation expense reported was $0.2 million for the years ended December 31, 2013, December 31, 2012 and 2011. The deferred compensation liability was $4.8 million at December 31, 2013, $4.5 million at December 31, 2012, and $4.3 million at December 31, 2011.

Stock Incentive Plans

12 Months Ended

Dec. 31, 2013

Stock Incentive Plans

Stock Incentive Plans

Note 16. Stock Incentive Plans

Overview

During the second quarter of 2010, the Company adopted the 2010 Equity Plan, which was approved at the annual stockholders meeting on May 19, 2010. The Company no longer makes any additional grants under prior plans. The prior plans include: the First Busey Corporation 1993 Restricted Stock Award Plan, the First Busey Corporation 1999 Stock Option Plan, the Main Street Trust, Inc. 2000 Stock Incentive Plan, and the First Busey Corporation 2004 Stock Option Plan.

Subject to permitted adjustments for certain corporate transactions, the maximum number of shares that may be delivered to participants, or their beneficiaries, under the 2010 Equity Plan is 4,000,000 shares of First Busey common stock. To the extent that any shares of stock covered by an award (including non-vested stock awards) under the 2010 Equity Plan, or the prior plans, are not delivered for any reason, including because the award is forfeited, canceled, settled in cash or shares are withheld to satisfy tax withholding requirements, such shares will not be deemed to have been delivered for purposes of determining the maximum number of shares of stock available for delivery and will again become available for usage under the 2010 Equity Plan. If any option granted under the 2010 Equity Plan is exercised by tendering shares of stock, only the number of shares of stock issued net of the shares of stock tendered shall be counted for purposes of these limitations.

The 2010 Equity Plan’s effective date was May 19, 2010. The 2010 Equity Plan will continue in effect until terminated by the board of directors; provided that no awards may be granted under the 2010 Equity Plan after the ten-year anniversary of the effective date. Any awards that are outstanding after the tenth anniversary of the effective date will remain subject to the terms of the 2010 Equity Plan.

The following additional limits apply to awards under the 2010 Equity Plan:

· the maximum number of shares of stock that may be covered by options that are intended to be “performance-based compensation” which are granted to any one participant during any calendar year is 400,000 shares;

· the maximum number of shares of stock that may be covered by stock awards that are intended to be “performance-based compensation” which are granted to any one participant during any calendar year is 200,000 shares; and

· the maximum dollar amount of cash incentive awards or cash-settled stock awards intended to be “performance-based compensation” payable to any one participant with respect to any calendar year is $1,000,000.

The Company grants share-based compensation awards to its employees and members of its board of directors as provided for under the Company’s 2010 Equity Incentive Plan. The Company currently grants share-based compensation in the form of restricted stock units and deferred stock units (considered non-vested stock awards under ASC Topic 718). The Company also has outstanding stock options granted prior to 2011. The Company’s 2010 Equity Incentive Plan is designed to encourage ownership of its common stock by its employees and directors, to provide additional incentive for them to promote the success of its business, and to attract and retain talented personnel. All of the Company’s employees and directors, and those of its subsidiaries, are eligible to receive awards under the plan.

Stock Option Plan

A summary of the status of the Company’s stock option awards for the years ended December 31, 2013, 2012, and 2011, and the changes during the years ended on those dates is as follows:

	2013				2012				2011
			Weighted-				Weighted-				Weighted-
			Average				Average				Average
			Exercise				Exercise				Exercise
	Shares		Price		Shares		Price		Shares		Price

Outstanding at beginning of year	857,468		$	17.01	1,017,922		$	16.23	1,351,593		$	16.09
Granted	—		—		—		—		—		—
Exercised	—		—		—		—		—		—
Forfeited	(161,089	)	16.10		(160,454	)	12.07		(333,671	)	15.67
Outstanding at end of year	696,379		$	17.22	857,468		$	17.01	1,017,922		$	16.23

Exercisable at end of year	696,379		$	17.22	857,468		$	17.01	1,017,922		$	16.23

The following table summarizes information about stock options outstanding at December 31, 2013:

								Options
		Options Outstanding						Exercisable
					Weighted-
			Weighted-		Average
Range of			Average		Remaining
Exercise			Exercise		Contractual	Intrinsic			Intrinsic
Prices		Number	Price		Life	Value		Number	Value
$	4.49-7.53	105,000	$	6.01	6.00			105,000
17.12-19.74		591,379	19.21		1.38			591,379
		696,379	$	17.22	2.08	$	69	696,379	$	69

The Company did not record any stock option compensation expense during 2013 or 2012, and recorded an insignificant amount of expense during 2011. As of December 31, 2013, the Company has no unrecognized stock option expense.

Restricted Stock Unit Plan

The Company grants restricted stock units (“RSUs”) to members of management periodically throughout the year. Each RSU is equivalent to one share of the Company’s common stock. These units have a requisite service period ranging from one to five years. In addition, all recipients earn quarterly dividend equivalents on their respective units. These dividend equivalents are not paid out during the vesting period, but instead entitle the recipients to additional units. Therefore, dividends earned each quarter compound based upon the updated unit balances. Upon vesting/delivery, shares are issued from treasury.

A summary of the changes in the Company’s restricted stock units for the years ended December 31, 2013, 2012 and 2011 is as follows:

	2013				2012				2011
			Weighted-				Weighted-			Weighted-
			Average				Average			Average
			Grant Date				Grant Date			Grant Date
	Shares		Fair Value		Shares		Fair Value		Shares	Fair Value

Outstanding at beginning of year	736,412		$	4.92	455,352		$	4.98	194,914	$	4.75
Granted	351,452		5.02		266,258		4.83		250,728	5.16
Dividend equivalents earned	17,211		4.86		32,704		4.79		9,710	5.20
Vested	(156,795	)	4.84		(9,925	)	4.19		—	—
Forfeited	(28,352	)	5.14		(7,977	)	5.15		—	—
Outstanding at end of year	919,928		$	4.97	736,412		$	4.92	455,352	$	4.98

The Company issued 111,012 and 6,804 treasury shares in conjunction with the vesting of RSUs in 2013 and 2012, respectively. The difference between the number of shares issued and the number of vested units is due to shares issued under a net share settlement option.

On August 1, 2013, under the terms of the 2010 Equity Incentive Plan, the Company granted 338,294 RSUs to members of management. As the stock price on the grant date of August 1, 2013 was $5.04, total compensation cost to be recognized is $1,705,002. This cost will be recognized over a period of two or five years. Per the respective agreements, 14,881 RSUs vest over a requisite service period of two years and 323,413 RSUs vest over a requisite service period of five years. Subsequent to each requisite service period, the awards will vest 100%.

On March 26, 2013, under the terms of the 2010 Equity Incentive Plan, the Company granted 13,158 RSUs to a certain member of management. As the stock price on the grant date of March 26, 2013 was $4.56, total compensation cost to be recognized is $60,000. This cost will be recognized over a period of one to three years. Per the respective agreements, 4,386 RSUs vest over a requisite service period of one year, 4,386 RSUs vest over a requisite service period of two years, and the remaining 4,386 RSUs vest over a requisite service period of three years. Subsequent to each requisite service period, the awards will vest 100%.

A listing of RSUs granted in 2012 and 2011 under the terms of the 2010 Equity Incentive Plan can be found in the Company’s Annual Reports on Form 10-K for the years ended December 31, 2012 and December 31, 2011.

Deferred Stock Unit Plan

The Company annually grants share-based awards in the form of restricted stock units with a deferred settlement date (“DSUs”) to its board of directors. Each DSU is equivalent to one share of the Company’s common stock. The DSUs vest over a twelve-month period following the grant date or on the next annual shareholder’s meeting, whichever is earlier. These units generally are subject to the same terms as RSUs under the Company’s 2010 Equity Incentive Plan, except that, following vesting, settlement occurs within 30 days following the earlier of separation from the board or a change in control of the Company. Subsequent to vesting and prior to delivery, these units will continue to earn dividend equivalents.

A summary of the changes in the Company’s deferred stock units for the years ended December 31, 2013, 2012 and 2011 is as follows:

	2013				2012				2011
			Weighted-				Weighted-			Weighted-
			Average				Average			Average
			Grant Date				Grant Date			Grant Date
	Shares		Fair Value		Shares		Fair Value		Shares	Fair Value

Non-vested at beginning of year	32,991		$	4.77	22,771		$	5.23	—	$	—
Granted	28,800		5.04		31,897		4.77		22,426	5.23
Dividend equivalents earned	1,636		5.03		2,252		4.76		345	5.22
Vested	(34,373	)	4.77		(23,929	)	5.21		—	—
Forfeited	—		—		—		—		—	—
Non-vested at end of year	29,054		$	5.05	32,991		$	4.77	22,771	$	5.23
Outstanding at end of year	87,356		$	5.06	56,920		$	4.96	22,771	$	5.23

On August 1, 2013, under the terms of the 2010 Equity Incentive Plan, the Company granted 28,800 DSUs to directors. As the stock price on the grant date of August 1, 2013 was $5.04, total compensation cost to be recognized is $145,152. This cost will be recognized over the requisite service period of one year from the date of grant or the next annual shareholder’s meeting; whichever is earlier. Subsequent to the requisite service period, the awards will vest 100%.

A listing of DSUs granted in 2012 and 2011 under the terms of the 2010 Equity Incentive Plan can be found in the Company’s Annual Reports on Form 10-K for the years ended December 31, 2012 and December 31, 2011.

The Company recognized $1.1 million, $1.0 million and $0.4 million of compensation expense related to both non-vested RSUs and DSUs for the years ended December 31, 2013, December 31, 2012 and December 31, 2011, respectively. As of December 31, 2013, there was $2.9 million of total unrecognized compensation cost related to these non-vested stock awards. This cost is expected to be recognized over a period of 3.1 years.

Transactions with Directors and Executive Officers

12 Months Ended

Dec. 31, 2013

Transactions with Directors and Executive Officers

Transactions with Directors and Executive Officers

Note 17. Transactions with Directors and Executive Officers

The Company and its subsidiaries have had, and may be expected to have in the future, banking transactions in the ordinary course of business with directors, executive officers, their immediate families and affiliated companies in which they have 10% or more beneficial ownership (commonly referred to as related parties), on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with others.

The following is an analysis of the changes in loans, in thousands, to related parties during the year ended December 31, 2013:

Balance at beginning of year	$	29,714
Addition due to change in relationship	—
Deletion due to change in relationship	—
New loans/ advances	24,100
Repayments	(23,709		)
Balance at end of year	$	30,105

Total unused commitments to directors and executive officers were $7.5 million at December 31, 2013.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References + Details

Commitments, Contingencies and Credit Risk

12 Months Ended

Dec. 31, 2013

Commitments, Contingencies and Credit Risk

Commitments, Contingencies and Credit Risk

Note 18. Commitments, Contingencies and Credit Risk

Legal Matters

The Company and its subsidiaries are parties to legal actions which arise in the normal course of their business activities. In the opinion of management, the ultimate resolution of these matters is not expected to have a material effect on the financial position or the results of operations of the Company and its subsidiaries.

Credit Commitments and Contingencies

The Bank is a party to credit related financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Consolidated Balance Sheets.

The Bank’s exposure to credit loss is represented by the contractual amount of those commitments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments.

A summary of the contractual amount of the Bank’s exposure to off-balance-sheet risk follows:

	December 31,
	2013		2012
	(dollars in thousands)
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit	$	527,614	$	483,373
Standby letters of credit	10,155		12,305

Commitments to extend credit are agreements to lend to a customer as long as no condition established in the contract has been violated. These commitments are generally at variable interest rates and generally have fixed expiration dates or other termination clauses and may require payment of a fee. The commitments for equity lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation of the customer.

Standby letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer’s obligation to a third-party. Those guarantees are primarily issued to support public and private borrowing arrangements, including bond financing and similar transactions and primarily have terms of one year or less. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Bank holds collateral, which may include accounts receivable, inventory, property and equipment, and income producing properties, supporting those commitments if deemed necessary. In the event the customer does not perform in accordance with the terms of the agreement with the third-party, the Bank would be required to fund the commitment. The maximum potential amount of future payments the Bank could be required to make is represented by the contractual amount shown in the summary above. If the commitment is funded, the Bank would be entitled to seek recovery from the customer.

As of December 31, 2013 and December 31, 2012, no amounts were recorded as liabilities for the Bank’s potential obligations under these guarantees.

As of December 31, 2013, the Bank had no futures, forwards, swaps or option contracts, or other financial instruments with similar characteristics with the exception of rate lock commitments on mortgage loans to be held for sale.

Lease Commitments

At December 31, 2013, the Company was obligated under noncancelable operating leases for office space and other commitments. Rent expense under operating leases, included in net occupancy and equipment expense, was approximately $1.6 million, $2.5 million, and $3.0 million for the years ended December 31, 2013, 2012 and 2011, respectively.

The projected minimum rental payments under the terms of the leases at December 31, 2013 in thousands, are as follows:

2014	$	1,274
2015	711
2016	112
2017	4
	$	2,101

Fair Value Measurements

12 Months Ended

Dec. 31, 2013

Fair Value Measurements

Fair Value Measurements

Note 19 - Fair Value Measurements

The fair value of an asset or liability is the price that would be received to sell that asset or paid to transfer that liability in an orderly transaction occurring in the principal market (or most advantageous market in the absence of a principal market) for such asset or liability. In estimating fair value, the Company utilizes valuation techniques that are consistent with the market approach, the income approach and/or the cost approach. Such valuation techniques are consistently applied. Inputs to valuation techniques include the assumptions that market participants would use in pricing an asset or liability. FASB ASC Topic 820 establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows:

Level 1 Inputs - Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.

Level 2 Inputs - Inputs other than quoted prices included in level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (such as interest rates, volatilities, prepayment speeds, credit risks, etc.) or inputs that are derived principally from or corroborated by market data by correlation or other means.

Level 3 Inputs - Unobservable inputs for determining the fair values of assets or liabilities that reflect the Company’s own assumptions about the assumptions that market participants would use in pricing the assets or liabilities.

A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. These valuation methodologies were applied to those Company assets and liabilities that are carried at fair value.

Corporate debt securities were transferred to level 2 as of March 31, 2013 because the Company could no longer obtain evidence of unadjusted quoted prices. There were no additional transfers between levels during the year ended December 31, 2013.

In general, fair value is based upon quoted market prices, when available. If such quoted market prices are not available, fair values are measured utilizing independent valuation techniques of identical or similar securities for which significant assumptions are derived primarily from or corroborated by observable data. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect, among other things, counterparty credit quality and the company’s creditworthiness as well as unobservable parameters. Any such valuation adjustments are applied consistently over time. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Furthermore, the reported fair value amounts have not been comprehensively revalued since the presentation dates and, therefore, estimates of fair value after the balance sheet date may differ significantly from the amounts presented herein.

Securities Available for Sale. Securities classified as available for sale are reported at fair value utilizing level 1 and level 2 measurements. For mutual funds and other equity securities, unadjusted quoted prices in active markets for identical assets are utilized to determine fair value at the measurement date and have been classified as level 1 in the ASC 820 fair value hierarchy. For all other securities, the Company obtains fair value measurements from an independent pricing service. The independent pricing service evaluations are based on market data. The independent pricing service utilizes evaluated pricing models that vary by asset class and incorporate available trade, bid and other market information. Because many fixed income securities do not trade on a daily basis, the independent pricing service evaluated pricing applications apply available information as applicable through processes such as benchmark curves, benchmarking of like securities, sector groupings, and matrix pricing, to prepare evaluations. In addition, the independent pricing service uses model processes, such as the Option Adjusted Spread model to assess interest rate impact and develop prepayment scenarios. The models and processes take into account market convention. For each asset class, a team of evaluators gathers information from market sources and integrates relevant credit information, perceived market movements and sector news into the evaluated pricing applications and models.

The market inputs that the independent pricing service normally seeks for evaluations of securities, listed in approximate order of priority, include: benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data including market research publications. The independent pricing service also monitors market indicators, industry and economic events. Information of this nature is a trigger to acquire further market data. For certain security types, additional inputs may be used or some of the market inputs may not be applicable. Evaluators may prioritize inputs differently on any given day for any security based on market conditions, and not all inputs listed are available for use in the evaluation process for each security evaluation on a given day. Because the data utilized was observable, the securities have been classified as level 2 in the ASC 820 fair value hierarchy.

The following table summarizes financial assets and financial liabilities measured at fair value on a recurring basis as of December 31, 2013 and 2012 segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

	Level 1		Level 2		Level 3		Total
December 31, 2013	Inputs		Inputs		Inputs		Fair Value
	(dollars in thousands)
Securities available for sale:
U.S. Treasury securities	$	—	$	102,640	$	—	$	102,640
Obligations of U.S. government corporations and agencies	—		257,411		—		257,411
Obligations of states and political subdivisions	—		272,152		—		272,152
Residential mortgage-backed securities	—		177,735		—		177,735
Corporate debt securities	—		25,506		—		25,506
Mutual funds and other equity securities	5,866		—		—		5,866
	$	5,866	$	835,444	$	—	$	841,310

	Level 1		Level 2		Level 3		Total
December 31, 2012	Inputs		Inputs		Inputs		Fair Value
	(dollars in thousands)
Securities available for sale:
U.S. Treasury securities	$	—	$	104,656	$	—	$	104,656
Obligations of U.S. government corporations and agencies	—		370,194		—		370,194
Obligations of states and political subdivisions	—		280,288		—		280,288
Residential mortgage-backed securities	—		217,715		—		217,715
Corporate debt securities	24,714		—		—		24,714
Mutual funds and other equity securities	3,930		—		—		3,930
	$	28,644	$	972,853	$	—	$	1,001,497

Certain financial assets and financial liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment).

Impaired Loans. The Company does not record loans at fair value on a recurring basis. However, periodically, a loan is considered impaired and is reported at the fair value of the underlying collateral, less estimated costs to sell, if repayment is expected solely from the collateral. Impaired loans measured at fair value typically consist of loans on non-accrual status and restructured loans in compliance with modified terms. Collateral values are estimated using a combination of observable inputs, including recent appraisals and unobservable inputs based on customized discounting criteria. Due to the significance of the unobservable inputs, all impaired loan fair values have been classified as level 3 in the ASC 820 fair value hierarchy.

OREO. Non-financial assets and non-financial liabilities measured at fair value include OREO (upon initial recognition or subsequent impairment). OREO properties are measured using a combination of observable inputs, including recent appraisals, and unobservable inputs based on customized discounting criteria. Due to the significance of the unobservable inputs, all OREO fair values have been classified as level 3 in the ASC 820 fair value hierarchy.

The following table summarizes assets and liabilities measured at fair value on a non-recurring basis as of December 31, 2013 and 2012, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

	Level 1		Level 2		Level 3		Total
December 31, 2013	Inputs		Inputs		Inputs		Fair Value
	(dollars in thousands)
Impaired loans	$	—	$	—	$	5,491	$	5,491
OREO	—		—		1,134		1,134

December 31, 2012
Impaired loans	$	—	$	—	$	2,284	$	2,284
OREO	—		—		511		511

The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis for which the Company has utilized level 3 inputs to determine fair value:


	Quantitative Information about Level 3 Fair Value Measurements
	Fair Value		Valuation	Unobservable	Range
December 31, 2013	Estimate		Techniques	Input	(Weighted Average)
	(dollars in thousands)
Impaired loans	$	5,491	Appraisal of collateral	Appraisal adjustments	-0.4% to -100.0% (-36.0%)
OREO	1,134		Appraisal of collateral	Appraisal adjustments	-6.6% to -100.0% (-47.9%)


December 31, 2012
Impaired loans	2,284	Appraisal of collateral	Appraisal adjustments	-12.00% to -100.0% (-34.2%)
OREO	511	Appraisal of collateral	Appraisal adjustments	-51.7% to -61.30% (-53.4%)

FASB ASC Topic 825 requires disclosure of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis. The methodologies for estimating the fair value of financial assets and financial liabilities that are measured at fair value on a recurring or non-recurring basis are discussed above. The estimated fair value approximates carrying value for cash and due from banks and accrued interest and are classified as level 2. The methodologies for other financial assets and financial liabilities are discussed below:

Loans held for sale

Fair value of mortgage loans held for sale are based on commitments on hand from investors or prevailing market prices.

Fair values for on-balance-sheet commitments to originate loans held for sale are based on fees currently charged to enter into similar agreements, and for fixed-rate commitments also consider the difference between current levels of interest rates and the committed rates. The fair value of interest rate lock commitments are considered immaterial. Loans held for sale are classified as level 2.

Loans

Our performing loan portfolio consists of variable rate and fixed rate loans. For variable rate loans that reprice frequently with no significant change in credit risk, fair values are based on carrying amount. For certain homogeneous categories of loans, such as some residential mortgages, fair value is estimated using the quoted market prices for similar loans or securities backed by similar loans, adjusted for differences in loan characteristics. The fair value of other types of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities and are classified as level 3.

Fair value of impaired loans is discussed above.

Deposits and securities sold under agreements to repurchase

The fair value of demand deposits, savings accounts, interest-bearing transaction accounts, and certain money market deposits is defined as the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposit is estimated using a discounted cash flow calculation that applies interest rates currently offered for deposits of similar remaining maturities. The carrying amounts reported in the balance sheet for securities sold under agreements to repurchase approximate those liabilities’ fair values. Deposits and securities sold under agreements to repurchase are classified as level 2.

Long-term debt

Rates currently available to the Company for debt with similar terms and remaining maturities are used to estimate fair value of existing debt and are classified as level 2.

Junior subordinated debt owed to unconsolidated trusts

For variable rate instruments, fair values are based on carrying values and are classified as level 2.

Commitments to extend credit and standby letters of credit

The fair value of commitments is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counterparties at the reporting date. As of December 31, 2013 and 2012, these items were insignificant.

The estimated fair values of financial instruments that are reported at amortized cost in the Company’s Consolidated Balance Sheets, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value, were as follows:

	December 31, 2013				December 31, 2012
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
	(dollars in thousands)
Financial assets:
Level 2 inputs:
Cash and due from banks	$	231,603	$	231,603	$	351,255	$	351,255
Loans held for sale	13,840		14,103		40,003		40,971
Accrued interest receivable	11,148		11,148		12,275		12,275
Level 3 inputs:
Loans, net	2,233,893		2,236,841		1,985,095		2,006,588

Financial liabilities:
Level 2 inputs:
Deposits	$	2,869,138	$	2,870,870	$	2,980,292	$	2,987,524
Securities sold under agreements to repurchase	172,348		172,348		139,024		139,024
Long-term debt	—		—		7,000		7,120
Junior subordinated debt owed to unconsolidated trusts	55,000		55,000		55,000		55,000
Accrued interest payable	673		673		1,128		1,128

Other assets and liabilities of the Company that are not defined as financial instruments are not included in the above disclosures, such as property and equipment. Also, nonfinancial instruments typically not recognized in financial statements nevertheless may have value but are not included in the above disclosures. These include, among other items, the estimated earning potential of core deposit accounts, the earnings potential of loan servicing rights, the earnings potential of the trust operations, customer goodwill and similar items.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Reportable Segments and Related Information

12 Months Ended

Dec. 31, 2013

Reportable Segments and Related Information

Reportable Segments and Related Information

Note 20. Reportable Segments and Related Information

The Company has three reportable segments, Busey Bank, FirsTech and Busey Wealth Management. Busey Bank provides a full range of banking services to individual and corporate customers through its branch network in downstate Illinois, through its branch in Indianapolis, Indiana, and through its branch network in southwest Florida. FirsTech provides remittance processing for online bill payments, lockbox and walk-in payments. Busey Wealth Management is the parent company of Busey Trust Company, which provides a full range of asset management, investment and fiduciary services to individuals, businesses and foundations, tax preparation and philanthropic advisory services.

The Company’s three reportable segments are strategic business units that are separately managed as they offer different products and services and have different marketing strategies.

The segment financial information provided below has been derived from the internal accounting system used by management to monitor and manage the financial performance of the Company. The accounting policies of the three segments are the same as those described in the summary of significant accounting policies in Note 1. The Company accounts for intersegment revenue and transfers at current market value.

Following is a summary of selected financial information for the Company’s business segments:

	Goodwill				Total Assets
As of December 31,	2013		2012		2013		2012
	(dollars in thousands)				(dollars in thousands)

Busey Bank	$	—	$	—	$	3,456,555	$	3,567,637
FirsTech	8,992		8,992		27,253		26,401
Busey Wealth Management	11,694		11,694		28,548		26,653
All Other	—		—		27,219		(2,635		)
Totals	$	20,686	$	20,686	$	3,539,575	$	3,618,056

	Year ended December 31,
	2013			2012			2011
	(dollars in thousands)

Interest Income:
Busey Bank	$	108,413		$	116,608		$	132,501
FirsTech	51			62			66
Busey Wealth Management	242			251			255
All Other	(10		)	(5		)	(3		)
Total interest income	$	108,696		$	116,916		$	132,819

Interest Expense:
Busey Bank	$	7,448		$	13,466		$	20,514
FirsTech	—			—			—
Busey Wealth Management	—			—			—
All Other	1,183			1,304			1,912
Total interest expense	$	8,631		$	14,770		$	22,426

Other Income:
Busey Bank	$	36,774		$	39,908		$	35,940
FirsTech	8,541			8,522			9,287
Busey Wealth Management	17,799			16,345			14,841
All Other	(531		)	2,077			(1,053		)
Total other income	$	62,583		$	66,852		$	59,015

Net Income:
Busey Bank	$	25,416		$	19,162		$	28,504
FirsTech	1,000			935			1,437
Busey Wealth Management	4,242			3,363			3,095
All Other	(1,932		)	(1,103		)	(3,163		)
Total net income	$	28,726		$	22,357		$	29,873

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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+ Details

Parent Company Only Financial Information

12 Months Ended

Dec. 31, 2013

Parent Company Only Financial Information

Parent Company Only Financial Information

Note 21. Parent Company Only Financial Information

Condensed financial data for First Busey Corporation is presented below.

BALANCE SHEETS

	December 31,
	2013		2012
	(dollars in thousands)
ASSETS

Cash and due from subsidiary banks	$	42,645	$	5,152
Securities available for sale	201		201
Loans	—		68
Investments in subsidiaries:
Bank	400,442		432,912
Non-bank	25,646		23,605
Premises and equipment, net	521		757
Other assets	9,450		9,369
Total assets	$	478,905	$	472,064

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Junior subordinated debentures owed to unconsolidated Trusts	55,000		55,000
Other liabilities	8,541		8,267
Total liabilities	63,541		63,267

Total stockholders’ equity	415,364		408,797
Total liabilities and stockholders’ equity	$	478,905	$	472,064

STATEMENTS OF INCOME

	Years Ended December 31,
	2013			2012		2011
	(dollars in thousands)
Operating income:
Dividends from subsidiaries:
Bank	$	—		$	—	$	—
Non-bank	2,000			2,500		3,750
Interest and dividend income	46			49		63
Other income	4,669			6,231		2,424
Total operating income	6,715			8,780		6,237

Expense:
Salaries and employee benefits	5,139			4,718		3,620
Interest expense	1,220			1,351		1,963
Operating expense	2,163			2,469		2,623
Total expense	8,522			8,538		8,206

(Loss) income before income tax benefit and distributions (in excess of) less than net income of subsidiaries	(1,807		)	242		(1,969		)

Income tax benefit	1,875			1,155		2,556

Income before distributions less than net income of subsidiaries	68			1,397		587

Distributions less than (in excess of) net income (loss) of subsidiaries:
Bank	26,416			20,097		29,941
Non-bank	2,242			863		(655		)

Net income	$	28,726		$	22,357	$	29,873

STATEMENTS OF CASH FLOWS

	Years Ended December 31,
	2013			2012			2011
	(dollars in thousands)
Cash Flows from Operating Activities
Net income	$	28,726		$	22,357		$	29,873
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	100			98			120
Distributions less than net income of subsidiaries	(28,658		)	(20,960		)	(29,286		)
Stock-based compensation	1,079			991			488
Fair value adjustment on employee stock ownership plan shares allocated	—			(322		)	(318		)
Changes in assets and liabilities:
(Increase) decrease in other assets	(62		)	125			1,479
Increase (decrease) in other liabilities	381			1,435			(22,630		)

Net cash provided by (used in) operating activities	1,566			3,724			(20,274		)

Cash Flows from Investing Activities
Securities purchased under agreements to resell, net	—			—			10,909
Decrease in loans	68			95			85
Proceeds from sales of premises and equipment	226			—			—
Purchases of premises and equipment	(90		)	(11		)	(5		)

Net cash provided by investing activities	204			84			10,989

Cash Flows from Financing Activities
Proceeds from charter amendment with subsidiary bank	50,000			—			—
Repurchase of Series T Preferred Stock	—			—			(100,000		)
Proceeds from issuance of Series C Preferred stock	—			—			72,664
Shares surrendered upon vesting of restricted stock units to cover tax obligations	(237		)	—			—
Cash dividends paid	(14,040		)	(24,427		)	(18,343		)
Net cash provided by (used in) financing activities	35,723			(24,427		)	(45,679		)

Net increase (decrease) in cash and due from subsidiary banks	37,493			(20,619		)	(54,964		)
Cash and due from subsidiary banks, beginning	5,152			25,771			80,735

Cash and due from subsidiary banks, ending	$	42,645		$	5,152		$	25,771

Unaudited Interim Financial Data

12 Months Ended

Dec. 31, 2013

Unaudited Interim Financial Data

Unaudited Interim Financial Data

Note 22. Unaudited Interim Financial Data

The following table reflects summarized quarterly data for the periods described (unaudited), in thousands, except per share data:

	2013
	December 31		September 30		June 30		March 31

Interest income	$	26,885	$	27,236	$	27,460	$	27,115
Interest expense	1,881		2,003		2,215		2,532
Net interest income	25,004		25,233		25,245		24,583
Provision for loan losses	1,500		2,000		2,000		2,000
Non-interest income	14,529		15,630		15,783		16,641
Non-interest expense	27,585		27,358		27,801		29,567
Income before income taxes	10,448		11,505		11,227		9,657
Income taxes	3,528		3,572		3,787		3,224
Net income	$	6,920	$	7,933	$	7,440	$	6,433
Preferred stock dividends	908		909		908		908
Net income available to common stockholders	$	6,012	$	7,024	$	6,532	$	5,525

Basic earnings per share	$	0.07	$	0.08	$	0.08	$	0.06
Diluted earnings per share	$	0.07	$	0.08	$	0.08	$	0.06

	2012
	December 31		September 30		June 30		March 31

Interest income	$	28,584	$	29,011	$	29,225	$	30,096
Interest expense	2,955		3,466		3,951		4,398
Net interest income	25,629		25,545		25,274		25,698
Provision for loan losses	3,500		3,500		4,500		5,000
Non-interest income	17,613		15,589		15,770		17,880
Non-interest expense	32,269		30,394		29,779		27,202
Income before income taxes	7,473		7,240		6,765		11,376
Income taxes	2,556		2,331		1,877		3,733
Net income	$	4,917	$	4,909	$	4,888	$	7,643
Preferred stock dividends	908		909		908		908
Net income available to common stockholders	$	4,009	$	4,000	$	3,980	$	6,735

Basic earnings per share	$	0.05	$	0.05	$	0.05	$	0.08
Diluted earnings per share	$	0.05	$	0.05	$	0.05	$	0.08

Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2013

Significant Accounting Policies

Basis of consolidation

Allowance for loan losses

Premises and equipment

Asset Description		Estimated Useful Life
Buildings and improvements		3 – 40 years
Furniture and equipment		3 – 10 years

Long-lived assets

Other real estate owned

Goodwill

See Note 7 — Goodwill and Other Intangible Assets for further discussion.

Cash surrender value of bank-owned life insurance

The Company has purchased life insurance policies on certain executives and senior officers. Life insurance is recorded at its cash surrender value.

Transfers of financial assets

Income taxes

Reclassifications

Stock-based employee compensation

Segment disclosure

Earnings per share

Basic earnings per share are computed by dividing net income available to common stockholders for the year by the weighted average number of shares outstanding.

The following reflects net income per share calculations for basic and diluted methods:

	For the Years Ended December 31,
	2013		2012		2011
	(in thousands, except per share data)
Net income available to common stockholders	$	25,093	$	18,724	$	24,531

Weighted average common shares outstanding	86,765		86,643		85,304
Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method	299		9		8

Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation	87,064		86,652		85,312

Basic earnings per common share	$	0.29	$	0.22	$	0.29

Diluted earnings per common share	$	0.29	$	0.22	$	0.29

Subsequent events

Impact of new financial accounting standards

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

Significant Accounting Policies

Schedule of estimated useful lives for premises and equipment

Asset Description		Estimated Useful Life
Buildings and improvements		3 – 40 years
Furniture and equipment		3 – 10 years

Schedule of net income per share calculations for basic and diluted methods

	For the Years Ended December 31,
	2013		2012		2011
	(in thousands, except per share data)
Net income available to common stockholders	$	25,093	$	18,724	$	24,531

Weighted average common shares outstanding	86,765		86,643		85,304
Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method	299		9		8

Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation	87,064		86,652		85,312

Basic earnings per common share	$	0.29	$	0.22	$	0.29

Diluted earnings per common share	$	0.29	$	0.22	$	0.29

Securities (Tables)

12 Months Ended

Dec. 31, 2013

Securities

Schedule of amortized cost, unrealized gains and losses and fair values of securities classified available for sale and held to maturity

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
December 31, 2013:	Cost		Gains		Losses			Value
	(dollars in thousands)
Available for sale
U.S. Treasury securities	$	102,463	$	244	$	(67	)	$	102,640
Obligations of U.S. government corporations and agencies	254,998		2,741		(328		)	257,411
Obligations of states and political subdivisions	272,077		2,887		(2,812		)	272,152
Residential mortgage-backed securities	174,699		3,571		(535		)	177,735
Corporate debt securities	25,384		155		(33		)	25,506
Total debt securities	829,621		9,598		(3,775		)	835,444
Mutual funds and other equity securities	4,114		1,752		—			5,866

Total	$	833,735	$	11,350	$	(3,775	)	$	841,310

December 31, 2013:
Held to maturity
Obligations of states and political subdivisions	$	834	$	1	$	(4	)	$	831

Total	$	834	$	1	$	(4	)	$	831

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
December 31, 2012:	Cost		Gains		Losses			Value
	(dollars in thousands)
Available for sale
U.S. Treasury securities	$	103,353	$	1,303	$	—		$	104,656
Obligations of U.S. government corporations and agencies	363,583		6,616		(5		)	370,194
Obligations of states and political subdivisions	274,350		6,176		(238		)	280,288
Residential mortgage-backed securities	210,139		7,576		—			217,715
Corporate debt securities	24,601		139		(26		)	24,714
Total debt securities	976,026		21,810		(269		)	997,567
Mutual funds and other equity securities	2,451		1,479		—			3,930

Total	$	978,477	$	23,289	$	(269	)	$	1,001,497

Schedule of amortized cost and fair value of debt securities available for sale and held to maturity by contractual maturity

	Available for sale				Held to maturity
	Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value
	(dollars in thousands)				(dollars in thousands)
Due in one year or less	$	140,414	$	141,464	$	—	$	—
Due after one year through five years	451,993		454,381		321		322
Due after five years through ten years	163,885		165,378		513		509
Due after ten years	73,329		74,221		—		—
Total	$	829,621	$	835,444	$	834	$	831

Schedule of realized gains and losses related to sales of securities available for sale

	For the Years Ended December 31,
	2013			2012			2011
	(dollars in thousands)
Gross security gains	$	599		$	1,602		$	174
Gross security (losses)	(46		)	(5		)	(4		)

Net security gains	$	553		$	1,597		$	170

Schedule of securities with gross unrealized losses aggregated by investment category and length of time that individual securities have been in continuous loss position

	Continuous unrealized losses existing for less than 12 months, gross				Continuous unrealized losses existing for greater than 12 months, gross				Total, gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
December 31, 2013:	Value		Losses		Value		Losses		Value		Losses
	(dollars in thousands)
Available for sale
U.S. Treasury securities	$	25,830	$	67	$	—	$	—	$	25,830	$	67
Obligations of U.S. government corporations and agencies	25,946		328		—		—		25,946		328
Obligations of states and political subdivisions	92,703		2,518		8,492		294		101,195		2,812
Residential mortgage-backed securities	53,543		535		—		—		53,543		535
Corporate debt securities	1,614		33		—		—		1,614		33
Total temporarily impaired securities	$	199,636	$	3,481	$	8,492	$	294	$	208,128	$	3,775

December 31, 2013:
Held to maturity
Obligations of states and political subdivisions	$	597	$	4	$	—	$	—	$	597	$	4
Total temporarily impaired securities	$	597	$	4	$	—	$	—	$	597	$	4

	Continuous unrealized losses existing for lessthan 12 months, gross				Continuous unrealized losses existing for greater than 12 months, gross				Total, gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
December 31, 2012:	Value		Losses		Value		Losses		Value		Losses
	(dollars in thousands)
Available for sale
Obligations of U.S. government corporations and agencies	$	10,155	$	5	$	—	$	—	$	10,155	$	5
Obligations of states and political subdivisions	37,958		189		3,311		49		41,269		238
Corporate debt securities	15,207		26		—		—		15,207		26
Total temporarily impaired securities	$	63,320	$	220	$	3,311	$	49	$	66,631	$	269

General obligation bonds

Securities

Summary of amortized cost and fair values of the Company's portfolio of municipal bonds by issuer state

December 31, 2013:

		Average Exposure
	Number of	Per Issuer		Amortized		Fair
U.S. State	Issuers	(Fair Value)		Cost		Value
	(dollars in thousands)
Illinois	82	$	1,022	$	82,884	$	83,804
Wisconsin	41	1,052		43,117		43,122
Michigan	37	956		35,350		35,365
Pennsylvania	11	1,285		14,132		14,133
Ohio	12	952		11,709		11,426
Texas	7	1,039		7,510		7,270
Iowa	3	2,020		6,126		6,060
Other	26	857		21,865		22,290
Total general obligations bonds	219	$	1,020	$	222,693	$	223,470

December 31, 2012:

		Average Exposure
	Number of	Per Issuer		Amortized		Fair
U.S. State	Issuers	(Fair Value)		Cost		Value
	(dollars in thousands)
Illinois	97	$	1,008	$	94,614	$	97,812
Wisconsin	42	1,114		46,286		46,794
Michigan	35	949		32,572		33,200
Pennsylvania	9	1,332		11,926		11,987
Ohio	11	900		9,871		9,905
Other	33	876		27,741		28,908
Total general obligations bonds	227	$	1,007	$	223,010	$	228,606

Revenue bonds

Securities

Summary of amortized cost and fair values of the Company's portfolio of municipal bonds by issuer state

December 31, 2013:

		Average Exposure
	Number of	Per Issuer		Amortized		Fair
U.S. State	Issuers	(Fair Value)		Cost		Value
	(dollars in thousands)
Illinois	4	$	1,780	$	7,356	$	7,121
Indiana	14	1,034		14,740		14,481
Other	30	930		28,122		27,911
Total revenue bonds	48	$	1,032	$	50,218	$	49,513

December 31, 2012:

		Average Exposure
	Number of	Per Issuer		Amortized		Fair
U.S. State	Issuers	(Fair Value)		Cost		Value
	(dollars in thousands)
Illinois	4	$	1,961	$	7,832	$	7,842
Indiana	11	853		9,339		9,378
Other	34	1,014		34,169		34,462
Total revenue bonds	49	$	1,055	$	51,340	$	51,682

Loans (Tables)

12 Months Ended

Dec. 31, 2013

Loans

Schedule of geographic distributions of loans

	December 31, 2013
	Illinois		Florida		Indiana		Total
	(dollars in thousands)

Commercial	$	530,174	$	20,536	$	29,902	$	580,612
Commercial real estate	800,568		160,255		131,450		1,092,273
Real estate construction	55,190		17,426		6,239		78,855
Retail real estate	419,801		103,104		11,588		534,493
Retail other	8,422		552		93		9,067
Total	$	1,814,155	$	301,873	$	179,272	$	2,295,300

Less held for sale(1)							13,840
							$	2,281,460

Less allowance for loan losses							47,567
Net loans							$	2,233,893

(1) Loans held for sale are included in retail real estate.

	December 31, 2012
	Illinois		Florida		Indiana		Total
	(dollars in thousands)

Commercial	$	399,300	$	10,861	$	23,527	$	433,688
Commercial real estate	777,752		138,170		65,210		981,132
Real estate construction	67,152		15,972		2,977		86,101
Retail real estate	435,911		112,052		11,873		559,836
Retail other	11,831		409		113		12,353
Total	$	1,691,946	$	277,464	$	103,700	$	2,073,110

Less held for sale(1)							40,003
							$	2,033,107

Less allowance for loan losses							48,012
Net loans							$	1,985,095

(1) Loans held for sale are included in retail real estate.

Schedule of weighted average risk grades segregated by class of loans (excluding held-for-sale, non posted and clearings)

	December 31, 2013
	Weighted Avg. Risk Grade	Grades 1,3,6		Grade 7		Grade 8		Grade 9		Grade 10
	(dollars in thousands)
Illinois/Indiana
Commercial	4.66	$	487,587	$	46,992	$	15,986	$	8,536	$	975
Commercial real estate	5.55	799,117		79,371		19,327		29,606		4,597
Real estate construction	7.11	21,585		16,376		11,920		7,686		3,862
Retail real estate	3.53	393,299		9,285		5,392		4,408		3,936
Retail other	2.64	8,451		60		—		4		—
Total Illinois/Indiana		$	1,710,039	$	152,084	$	52,625	$	50,240	$	13,370

Florida
Commercial	5.89	$	16,460	$	174	$	3,218	$	684	$	—
Commercial real estate	6.02	116,741		16,470		11,250		12,721		3,073
Real estate construction	6.64	7,886		7,961		743		836		—
Retail real estate	3.85	77,116		12,052		9,417		3,050		721
Retail other	1.72	552		—		—		—		—
Total Florida		$	218,755	$	36,657	$	24,628	$	17,291	$	3,794
Total		$	1,928,794	$	188,741	$	77,253	$	67,531	$	17,164

	December 31, 2012
	Weighted Avg. Risk Grade	Grades 1,3,6		Grade 7		Grade 8		Grade 9		Grade 10
	(dollars in thousands)
Illinois/Indiana
Commercial	4.68	$	346,536	$	46,201	$	12,374	$	15,677	$	2,039
Commercial real estate	5.53	644,695		110,012		50,305		28,655		9,295
Real estate construction	7.21	30,710		7,809		14,162		14,084		3,364
Retail real estate	3.62	385,949		6,729		7,806		5,874		2,855
Retail other	3.34	11,563		372		—		9		—
Total Illinois/Indiana		$	1,419,453	$	171,123	$	84,647	$	64,299	$	17,553

Florida
Commercial	5.91	$	6,359	$	3,544	$	162	$	796	$	—
Commercial real estate	6.36	80,232		20,667		13,238		19,279		4,754
Real estate construction	6.97	4,137		7,721		3,172		942		—
Retail real estate	3.98	83,578		6,369		13,225		3,265		2,797
Retail other	2.80	391		—		18		—		—
Total Florida		$	174,697	$	38,301	$	29,815	$	24,282	$	7,551
Total		$	1,594,150	$	209,424	$	114,462	$	88,581	$	25,104

Schedule of age analysis of past due loans still accruing and non-accrual loans

	December 31, 2013
	Loans past due, still accruing						Non-accrual
	30-59 Days		60-89 Days		90+Days		Loans
	(dollars in thousands)
Illinois/Indiana
Commercial	$	906	$	279	$	92	$	975
Commercial real estate	567		3,736		—		4,597
Real estate construction	—		—		—		3,862
Retail real estate	483		123		103		3,936
Retail other	20		—		—		—
Total Illinois/Indiana	$	1,976	$	4,138	$	195	$	13,370

Florida
Commercial	$	—	$	—	$	—	$	—
Commercial real estate	—		—		—		3,073
Real estate construction	—		—		—		—
Retail real estate	—		—		—		721
Retail other	—		—		—		—
Total Florida	$	—	$	—	$	—	$	3,794
Total	$	1,976	$	4,138	$	195	$	17,164

	December 31, 2012
	Loans past due, still accruing						Non-accrual
	30-59 Days		60-89 Days		90+Days		Loans
	(dollars in thousands)
Illinois/Indiana
Commercial	$	111	$	80	$	19	$	2,039
Commercial real estate	216		59		139		9,295
Real estate construction	—		—		—		3,364
Retail real estate	1,154		294		46		2,855
Retail other	2		2		—		—
Total Illinois/Indiana	$	1,483	$	435	$	204	$	17,553

Florida
Commercial	$	—	$	—	$	—	$	—
Commercial real estate	—		—		—		4,754
Real estate construction	—		—		—		—
Retail real estate	364		—		52		2,797
Retail other	—		3		—		—
Total Florida	$	364	$	3	$	52	$	7,551
Total	$	1,847	$	438	$	256	$	25,104

Schedule of restructured loans

	December 31, 2013		December 31, 2012
	(dollars in thousands)
Restructured loans:
In compliance with modified terms	$	11,511	$	22,023
30 — 89 days past due	380		28
Included in non-performing loans	5,919		6,458
Total	$	17,810	$	28,509

Schedule of performing loans classified as TDRs, segregated by class and geography

	Three Months Ended December 31, 2013			Twelve Months Ended December 31, 2013
	Number of contracts	Recorded investment		Number of contracts	Recorded investment
	(dollars in thousands)

Illinois/Indiana
Commercial	1	$	98	1	$	98
Commercial real estate	1	246		2	465
Real estate construction	—	—		—	—
Retail real estate	1	16		1	16
Retail other	—	—		—	—
Total Illinois/Indiana	3	$	360	4	$	579

Florida
Commercial	—	$	—	—	$	—
Commercial real estate	—	—		1	87
Real estate construction	—	—		—	—
Retail real estate	—	—		—	—
Retail other	—	—		—	—
Total Florida	—	$	—	1	$	87
Total	3	$	360	5	$	666

	Three Months Ended			Twelve Months Ended
	December 31, 2012			December 31, 2012
	Number of	Recorded		Number of	Recorded
	contracts	investment		contracts	investment
	(dollars in thousands)
Illinois/Indiana
Commercial	1	$	752	4	$	2,032
Commercial real estate	1	600		2	2,669
Real estate construction	—	—		2	3,029
Retail real estate	—	—		9	1,476
Retail other	—	—		—	—
Total Illinois/Indiana	2	$	1,352	17	$	9,206

Florida
Commercial	—	$	—	—	$	—
Commercial real estate	1	571		1	571
Real estate construction	—	—		—	—
Retail real estate	1	178		3	880
Retail other	—	—		—	—
Total Florida	2	$	749	4	$	1,451
Total	4	$	2,101	21	$	10,657

Schedule of performing loans, segregated by class and geography, modified as TDRs

	Three Months Ended			Twelve Months Ended
	December 31, 2013			December 31, 2013
	Number of	Recorded		Number of	Recorded
	contracts	investment		contracts	investment
	(dollars in thousands)
Illinois/Indiana
Commercial	—	$	—	—	$	—
Commercial real estate	—	—		1	1,650
Real estate construction	—	—		1	222
Retail real estate	—	—		1	548
Retail other	—	—		—	—
Total Illinois/Indiana	—	$	—	3	$	2,420

Florida
Commercial	—	$	—	—	$	—
Commercial real estate	—	—		—	—
Real estate construction	—	—		—	—
Retail real estate	—	—		—	—
Retail other	—	—		—	—
Total Florida	—	$	—	—	$	—
Total	—	$	—	3	$	2,420

	Three Months Ended			Twelve Months Ended
	December 31, 2012			December 31, 2012
	Number of	Recorded		Number of	Recorded
	contracts	investment		contracts	investment
	(dollars in thousands)
Illinois/Indiana
Commercial	—	$	—	5	$	309
Commercial real estate	—	—		—	—
Real estate construction	—	—		—	—
Retail real estate	1	232		1	232
Retail other	—	—		—	—
Total Illinois/Indiana	1	$	232	6	$	541

Florida
Commercial	—	$	—	—	$	—
Commercial real estate	—	—		3	1,287
Real estate construction	—	—		—	—
Retail real estate	1	142		4	778
Retail other	—	—		—	—
Total Florida	1	$	142	7	$	2,065
Total	2	$	374	13	$	2,606

Schedule of details of impaired loans, segregated by class and geography

	December 31, 2013
	Unpaid		Recorded
	Contractual		Investment		Recorded		Total				Average
	Principal		with No		Investment		Recorded		Related		Recorded
	Balance		Allowance		with Allowance		Investment		Allowance		Investment
	(dollars in thousands)
Illinois/Indiana
Commercial	$	2,825	$	1,684	$	602	$	2,286	$	485	$	4,169
Commercial real estate	8,866		3,671		3,740		7,411		1,977		10,335
Real estate construction	4,932		2,292		1,570		3,862		468		5,889
Retail real estate	5,583		3,267		2,010		5,277		604		5,296
Retail other	—		—		—		—		—		—
Total Illinois/Indiana	$	22,206	$	10,914	$	7,922	$	18,836	$	3,534	$	25,689

Florida
Commercial	$	—	$	—	$	—	$	—	$	—	$	—
Commercial real estate	7,108		3,946		1,319		5,265		416		6,662
Real estate construction	417		417		—		417		—		1,294
Retail real estate	10,346		9,005		537		9,542		337		11,079
Retail other	—		—		—		—		—		—
Total Florida	$	17,871	$	13,368	$	1,856	$	15,224	$	753	$	19,035
Total	$	40,077	$	24,282	$	9,778	$	34,060	$	4,287	$	44,724

	December 31, 2012
	Unpaid		Recorded
	Contractual		Investment		Recorded		Total				Average
	Principal		with No		Investment		Recorded		Related		Recorded
	Balance		Allowance		with Allowance		Investment		Allowance		Investment
	(dollars in thousands)
Illinois/Indiana
Commercial	$	11,557	$	7,214	$	265	$	7,479	$	265	$	10,109
Commercial real estate	17,656		12,020		1,288		13,308		634		14,607
Real estate construction	6,851		6,394		—		6,394		—		8,625
Retail real estate	6,251		4,666		530		5,196		140		5,206
Retail other	—		—		—		—		—		24
Total Illinois/Indiana	$	42,315	$	30,294	$	2,083	$	32,377	$	1,039	$	38,571

Florida
Commercial	$	—	$	—	$	—	$	—	$	—	$	271
Commercial real estate	9,533		5,988		585		6,573		235		6,506
Real estate construction	2,597		2,597		—		2,597		—		3,989
Retail real estate	16,518		12,673		1,373		14,046		483		15,254
Retail other	—		—		—		—		—		—
Total Florida	$	28,648	$	21,258	$	1,958	$	23,216	$	718	$	26,020
Total	$	70,963	$	51,552	$	4,041	$	55,593	$	1,757	$	64,591

Schedule of changes in the allowance for loan losses

	Years Ended December 31,
	2013			2012			2011
	(dollars in thousands)

Balance, beginning of year	$	48,012		$	58,506		$	76,038
Provision for loan losses	7,500			16,500			20,000
Recoveries applicable to loan balances previously charged-off	2,724			3,069			7,881
Loan balances charged-off	(10,669		)	(30,063		)	(45,413		)

Balance, end of year	$	47,567		$	48,012		$	58,506

Schedule of activity on the allowance for loan losses

	Year Ended December 31, 2013
				Commercial			Real Estate			Retail Real
	Commercial			Real Estate			Construction			Estate			Retail Other			Total
	(dollars in thousands)
Illinois/Indiana
Beginning balance	$	6,597		$	15,023		$	2,527		$	8,110		$	322		$	32,579
Provision for loan loss	2,681			2,143			847			616			63			6,350
Charged-off	(964		)	(1,361		)	(1,212		)	(2,187		)	(511		)	(6,235		)
Recoveries	138			574			378			323			342			1,755
Ending Balance	$	8,452		$	16,379		$	2,540		$	6,862		$	216		$	34,449

Florida
Beginning balance	$	1,437		$	6,062		$	2,315		$	5,614		$	5		$	15,433
Provision for loan loss	414			2,225			(1,419		)	(51		)	(19		)	1,150
Charged-off	—			(2,543		)	(56		)	(1,828		)	(7		)	(4,434		)
Recoveries	75			(11		)	328			552			25			969
Ending Balance	$	1,926		$	5,733		$	1,168		$	4,287		$	4		$	13,118

	Year Ended December 31, 2012
				Commercial			Real Estate			Retail Real
	Commercial			Real Estate			Construction			Estate			Retail Other			Total
	(dollars in thousands)
Illinois/Indiana
Beginning balance	$	9,143		$	18,605		$	4,352		$	6,473		$	464		$	39,037
Provision for loan loss	1,428			10,058			(270		)	4,397			278			15,891
Charged-off	(4,176		)	(14,016		)	(1,883		)	(3,264		)	(636		)	(23,975		)
Recoveries	202			376			328			504			216			1,626
Ending Balance	$	6,597		$	15,023		$	2,527		$	8,110		$	322		$	32,579

Florida
Beginning balance	$	1,939		$	8,413		$	2,936		$	6,160		$	21		$	19,469
Provision for loan loss	(811		)	(619		)	(555		)	2,626			(32		)	609
Charged-off	(246		)	(1,858		)	(336		)	(3,646		)	(2		)	(6,088		)
Recoveries	555			126			270			474			18			1,443
Ending Balance	$	1,437		$	6,062		$	2,315		$	5,614		$	5		$	15,433

	Year Ended December 31, 2011
	Commercial			Commercial Real Estate			Real Estate Construction			Retail Real Estate			Retail Other			Total
	(dollars in thousands)
Illinois/Indiana
Beginning balance	$	11,827		$	19,504		$	7,186		$	5,199		$	2,473		$	46,189
Provision for loan loss	2,565			9,604			1,478			4,463			(2,743		)	15,367
Charged-off	(6,779		)	(10,643		)	(4,983		)	(3,973		)	(634		)	(27,012		)
Recoveries	1,530			140			671			784			1,368			4,493
Ending Balance	$	9,143		$	18,605		$	4,352		$	6,473		$	464		$	39,037

Florida
Beginning balance	$	2,013		$	13,291		$	4,717		$	9,748		$	80		$	29,849
Provision for loan loss	3,841			(2,130		)	195			2,773			(46		)	4,633
Charged-off	(3,947		)	(3,655		)	(2,573		)	(8,192		)	(34		)	(18,401		)
Recoveries	32			907			597			1,831			21			3,388
Ending Balance	$	1,939		$	8,413		$	2,936		$	6,160		$	21		$	19,469

Schedule of allowance for loan losses and recorded investments

	As of December 31, 2013
	Commercial		Commercial Real Estate		Real Estate Construction		Retail Real Estate		Retail Other		Total
	(dollars in thousands)
Illinois/Indiana
Amount allocated to:
Loans individually evaluated for impairment	$	485	$	1,977	$	468	$	604	$	—	$	3,534
Loans collectively evaluated for impairment	7,967		14,402		2,072		6,258		216		30,915
Ending Balance	$	8,452	$	16,379	$	2,540	$	6,862	$	216	$	34,449

Loans:
Loans individually evaluated for impairment	$	2,286	$	7,411	$	3,862	$	5,277	$	—	$	18,836
Loans collectively evaluated for impairment	557,790		924,607		57,567		413,020		8,515		1,961,499
Ending Balance	$	560,076	$	932,018	$	61,429	$	418,297	$	8,515	$	1,980,335

Florida
Amount allocated to:
Loans individually evaluated for impairment	$	—	$	416	$	—	$	337	$	—	$	753
Loans collectively evaluated for impairment	1,926		5,317		1,168		3,950		4		12,365
Ending Balance	$	1,926	$	5,733	$	1,168	$	4,287	$	4	$	13,118

Loans:
Loans individually evaluated for impairment	$	—	$	5,265	$	417	$	9,542	$	—	$	15,224
Loans collectively evaluated for impairment	20,536		154,990		17,009		92,814		552		285,901
Ending Balance	$	20,536	$	160,255	$	17,426	$	102,356	$	552	$	301,125

	As of December 31, 2012
	Commercial		Commercial Real Estate		Real Estate Construction		Retail Real Estate		Retail Other		Total
	(dollars in thousands)
Illinois/Indiana
Amount allocated to:
Loans individually evaluated for impairment	$	265	$	634	$	—	$	140	$	—	$	1,039
Loans collectively evaluated for impairment	6,332		14,389		2,527		7,970		322		31,540
Ending Balance	$	6,597	$	15,023	$	2,527	$	8,110	$	322	$	32,579

Loans:
Loans individually evaluated for impairment	$	7,479	$	13,308	$	6,394	$	5,196	$	—	$	32,377
Loans collectively evaluated for impairment	415,348		829,654		63,735		404,867		11,944		1,725,548
Ending Balance	$	422,827	$	842,962	$	70,129	$	410,063	$	11,944	$	1,757,925

Florida
Amount allocated to:
Loans individually evaluated for impairment	$	—	$	235	$	—	$	483	$	—	$	718
Loans collectively evaluated for impairment	1,437		5,827		2,315		5,131		5		14,715
Ending Balance	$	1,437	$	6,062	$	2,315	$	5,614	$	5	$	15,433

Loans:
Loans individually evaluated for impairment	$	—	$	6,573	$	2,597	$	14,046	$	—	$	23,216
Loans collectively evaluated for impairment	10,861		131,597		13,375		95,724		409		251,966
Ending Balance	$	10,861	$	138,170	$	15,972	$	109,770	$	409	$	275,182

Loan Servicing (Tables)

12 Months Ended

Dec. 31, 2013

Loan Servicing

Summary of mortgage servicing rights capitalized and amortized

	For the Years Ended December 31,
	2013		2012		2011
	(dollars in thousands)

Mortgage servicing rights capitalized	$	2,490	$	2,794	$	2,741
Mortgage servicing rights amortized	$	2,650	$	2,972	$	2,530

Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2013

Premises and Equipment

Summary of premises and equipment

	December 31,
	2013		2012
	(dollars in thousands)

Land and improvements	$	21,532	$	22,732
Buildings and improvements	62,159		65,099
Furniture and equipment	33,622		41,626
	117,313		129,457
Less accumulated depreciation	51,486		58,390
Total premises and equipment	$	65,827	$	71,067

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2013

Goodwill and Other Intangible Assets

Schedule of carrying amount of goodwill by operating segment

Goodwill:
FirsTech	$	8,992
Busey Wealth Management	11,694
Total Goodwill	$	20,686

Schedule of other intangible asset disclosures

	Balance at December 31, 2012		Amortization		Balance at December 31, 2013
	(dollars in thousands)
Amortized intangible assets:
Core deposit intangible assets	$	8,174	$	2,050	$	6,124
Customer relationship intangible assets	4,529		1,082		3,447
	$	12,703	$	3,132	$	9,571

Schedule of carrying amount of amortized intangible assets

	Core deposit intangible		Customer relationship intangible
	(dollars in thousands)
As of December 31, 2013:
Gross carrying amount	$	34,836	$	11,320
Accumulated amortization	28,712		7,873
	$	6,124	$	3,447

Estimated amortization expense:
2014	$	1,870	$	1,014
2015	1,719		972
2016	1,644		929
2017	891		532
	$	6,124	$	3,447

Deposits (Tables)

12 Months Ended

Dec. 31, 2013

Deposits

Schedule of composition of deposits

	December 31,
	2013		2012
	(dollars in thousands)
Demand deposits, non-interest-bearing	$	547,531	$	611,043
Interest-bearing transaction deposits	61,384		66,295
Savings deposits	206,587		202,263
Money market deposits	1,471,265		1,409,492
Time deposits	582,371		691,199
Total	$	2,869,138	$	2,980,292

Schedule of maturities of time deposits

As of December 31, 2013, the scheduled maturities of time deposits, in thousands, are as follows:

2014	$	349,128
2015	112,585
2016	60,553
2017	41,076
2018	19,025
Thereafter	4
	$	582,371

Securities Sold Under Agreements to Repurchase (Tables)

12 Months Ended

Dec. 31, 2013

Securities Sold Under Agreements to Repurchase

Schedule of distribution of securities sold under agreements to repurchase and weighted average interest rates

	December 31,
	2013			2012
	(dollars in thousands)
Balance	$	172,348		$	139,024
Weighted average interest rate at end of period	0.13		%	0.15		%
Maximum outstanding at any month end	$	172,348		$	146,710
Average daily balance	$	137,777		$	132,150
Weighted average interest rate during period (1)	0.14		%	0.21		%

(1)The weighted average interest rate is computed by dividing total interest for the period by the average daily balance outstanding.

Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2013

Long-term Debt

Summary of long-term debt

	December 31,
	2013		2012
	(dollars in thousands)
Notes payable, Federal Home Loan Bank of Chicago, collateralized by all otherwise unpledged U.S. Treasury securities and obligations of U.S. government corporations and agencies, first mortgages on 1-4 family residential real estate loans and Federal Home Loan Bank stock.	$	—	$	7,000

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

+ Details

Junior Subordinated Debt Owed to Unconsolidated Trusts (Tables)

12 Months Ended

Dec. 31, 2013

Junior Subordinated Debt Owed to Unconsolidated Trusts

Summary of the outstanding junior subordinated notes and the related trust preferred securities issued by each trust

	First Busey Statutory Trust II	First Busey Statutory Trust III	First Busey Statutory Trust IV

Junior Subordinated Notes:
Principal balance	$15,000,000	$10,000,000	$30,000,000
Annual interest rate(1)	3-mo LIBOR + 2.65%	3-mo LIBOR + 1.75%	3-mo LIBOR + 1.55%
Stated maturity date	June 17, 2034	June 15, 2035	June 15, 2036

Trust Preferred Securities:
Face value	$15,000,000	$10,000,000	$30,000,000
Annual distribution rate(1)	3-mo LIBOR + 2.65%	3-mo LIBOR + 1.75%	3-mo LIBOR + 1.55%
Issuance date	April 30, 2004	June 15, 2005	June 15, 2006
Distribution dates(2)	Quarterly	Quarterly	Quarterly

(1) First Busey Statutory Trust IV maintained a 5-year fixed coupon of 6.94% through June 10, 2011, subsequently converting to a floating 3-month LIBOR +1.55%.

(2) All cash distributions are cumulative.

Capital (Tables)

12 Months Ended

Dec. 31, 2013

Capital

Schedule of capital adequacy requirements

					Minimum				Minimum
					Capital				To Be Well
	Actual				Requirement				Capitalized
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(dollars in thousands)
As of December 31, 2013:

Total Capital (to Risk Weighted Assets)
Consolidated	$	449,407	18.21	%	$	197,422	8.00	%	$	246,777	10.00	%
Busey Bank	$	396,248	16.17	%	$	196,002	8.00	%	$	245,002	10.00	%

Tier I Capital (to Risk Weighted Assets)
Consolidated	$	417,564	16.92	%	$	98,711	4.00	%	$	148,067	6.00	%
Busey Bank	$	364,625	14.88	%	$	98,001	4.00	%	$	147,001	6.00	%

Tier I Capital (to Average Assets)
Consolidated	$	417,564	12.02	%	$	138,896	4.00	%	N/A		N/A
Busey Bank	$	364,625	10.66	%	$	136,818	4.00	%	$	171,023	5.00	%

As of December 31, 2012:

Total Capital (to Risk Weighted Assets)
Consolidated	$	419,343	18.63	%	$	180,026	8.00	%	$	225,033	10.00	%
Busey Bank	$	406,597	18.14	%	$	179,278	8.00	%	$	224,097	10.00	%

Tier I Capital (to Risk Weighted Assets)
Consolidated	$	390,304	17.34	%	$	90,013	4.00	%	$	135,020	6.00	%
Busey Bank	$	377,673	16.85	%	$	89,639	4.00	%	$	134,458	6.00	%

Tier I Capital (to Average Assets)
Consolidated	$	390,304	11.30	%	$	138,151	4.00	%	N/A		N/A
Busey Bank	$	377,673	10.99	%	$	137,488	4.00	%	$	171,859	5.00	%

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes

Schedule of the components of income taxes

	Years Ended December 31,
	2013		2012		2011
	(dollars in thousands)
Current	$	4,020	$	1,926	$	2,194
Deferred	10,091		8,571		12,776

Total income tax expense	$	14,111	$	10,497	$	14,970

Schedule of the reconciliation of federal and state income taxes at statutory rates to the income taxes included in the statements of income

	Years Ended December 31,
	2013		2012		2011
	% of		% of		% of
	Pretax		Pretax		Pretax
	Income		Income		Loss

Income tax at statutory rate	35.0	%	35.0	%	35.0	%
Effect of:
Tax-exempt interest, net	(3.5	)%	(4.5	)%	(2.6	)%
State income taxes, net	4.5	%	3.5	%	2.1	%
Income on bank owned life insurance	(0.9	)%	(1.8	)%	(1.0	)%
Other, net	(2.2	)%	(0.3	)%	(0.1	)%

	32.9	%	31.9	%	33.4	%

Schedule of the deferred tax assets and liabilities

	2013			2012
	(dollars in thousands)
Deferred tax assets:
Allowance for loan losses	$	19,416		$	19,597
Stock-based compensation	1,319			1,183
Loan adjustments	108			396
Deferred compensation	2,015			1,993
Accrued vacation	545			576
Employee costs	1,264			616
Other	1,780			1,423
	$	26,447		$	25,784

Deferred tax liabilities:
Investment securities:
Unrealized gains on securities available for sale	$	(3,119	)	$	(9,479	)
Other	(2,450		)	(2,273		)
Basis in premises and equipment	(2,590		)	(2,215		)
Mortgage servicing assets	(2,097		)	(2,159		)
Basis in core deposit and customer intangible assets	(3,908		)	(5,185		)
Deferred loan origination costs	(20		)	(303		)
	$	(14,184	)	$	(21,614	)
Net operating loss carryforward, net of valuation allowance	23,379			35,203
Net deferred tax assets	$	35,642		$	39,373

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Employee Benefit Plans

Schedule of shares held in ESOP acquired after December 31, 1992 and their fair values

	2013			2012
		Fair			Fair
	Shares	Value		Shares	Value
	(dollars in thousands)
Allocated shares	192,171	$	1,115	212,146	$	986

Schedule of expenses related to the employee benefit plans

	Years Ended December 31,
	2013		2012		2011
	(dollars in thousands)

Employee benefits	$	2,975	$	3,024	$	2,985
Interest on employee stock ownership plan debt	—		5		11

Total employer contributions	$	2,975	$	3,029	$	2,996

Stock Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2013

Stock Incentive Plans

Schedule of status and changes in stock option plans

	2013				2012				2011
			Weighted-				Weighted-				Weighted-
			Average				Average				Average
			Exercise				Exercise				Exercise
	Shares		Price		Shares		Price		Shares		Price

Outstanding at beginning of year	857,468		$	17.01	1,017,922		$	16.23	1,351,593		$	16.09
Granted	—		—		—		—		—		—
Exercised	—		—		—		—		—		—
Forfeited	(161,089	)	16.10		(160,454	)	12.07		(333,671	)	15.67
Outstanding at end of year	696,379		$	17.22	857,468		$	17.01	1,017,922		$	16.23

Exercisable at end of year	696,379		$	17.22	857,468		$	17.01	1,017,922		$	16.23

Summary of stock options outstanding by range of exercise prices

								Options
		Options Outstanding						Exercisable
					Weighted-
			Weighted-		Average
Range of			Average		Remaining
Exercise			Exercise		Contractual	Intrinsic			Intrinsic
Prices		Number	Price		Life	Value		Number	Value
$	4.49-7.53	105,000	$	6.01	6.00			105,000
17.12-19.74		591,379	19.21		1.38			591,379
		696,379	$	17.22	2.08	$	69	696,379	$	69

Schedule of changes in stock awards (restricted stock units)

	2013				2012				2011
			Weighted-				Weighted-			Weighted-
			Average				Average			Average
			Grant Date				Grant Date			Grant Date
	Shares		Fair Value		Shares		Fair Value		Shares	Fair Value

Outstanding at beginning of year	736,412		$	4.92	455,352		$	4.98	194,914	$	4.75
Granted	351,452		5.02		266,258		4.83		250,728	5.16
Dividend equivalents earned	17,211		4.86		32,704		4.79		9,710	5.20
Vested	(156,795	)	4.84		(9,925	)	4.19		—	—
Forfeited	(28,352	)	5.14		(7,977	)	5.15		—	—
Outstanding at end of year	919,928		$	4.97	736,412		$	4.92	455,352	$	4.98

Summary of the changes in the company's stock unit awards

	2013				2012				2011
			Weighted-				Weighted-			Weighted-
			Average				Average			Average
			Grant Date				Grant Date			Grant Date
	Shares		Fair Value		Shares		Fair Value		Shares	Fair Value

Non-vested at beginning of year	32,991		$	4.77	22,771		$	5.23	—	$	—
Granted	28,800		5.04		31,897		4.77		22,426	5.23
Dividend equivalents earned	1,636		5.03		2,252		4.76		345	5.22
Vested	(34,373	)	4.77		(23,929	)	5.21		—	—
Forfeited	—		—		—		—		—	—
Non-vested at end of year	29,054		$	5.05	32,991		$	4.77	22,771	$	5.23
Outstanding at end of year	87,356		$	5.06	56,920		$	4.96	22,771	$	5.23

Transactions with Directors and Executive Officers (Tables)

12 Months Ended

Dec. 31, 2013

Transactions with Directors and Executive Officers

Schedule of the analysis of the changes in loans to related parties

Balance at beginning of year	$	29,714
Addition due to change in relationship	—
Deletion due to change in relationship	—
New loans/ advances	24,100
Repayments	(23,709		)
Balance at end of year	$	30,105

Commitments, Contingencies and Credit Risk (Tables)

12 Months Ended

Dec. 31, 2013

Commitments, Contingencies and Credit Risk

Schedule of contractual amount of exposure to off-balance-sheet risk

	December 31,
	2013		2012
	(dollars in thousands)
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit	$	527,614	$	483,373
Standby letters of credit	10,155		12,305

Schedule of projected minimum rental payments under the terms of the leases

The projected minimum rental payments under the terms of the leases at December 31, 2013 in thousands, are as follows:

2014	$	1,274
2015	711
2016	112
2017	4
	$	2,101

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value Measurements

Schedule of financial assets and financial liabilities measured at fair value on a recurring basis

	Level 1		Level 2		Level 3		Total
December 31, 2013	Inputs		Inputs		Inputs		Fair Value
	(dollars in thousands)
Securities available for sale:
U.S. Treasury securities	$	—	$	102,640	$	—	$	102,640
Obligations of U.S. government corporations and agencies	—		257,411		—		257,411
Obligations of states and political subdivisions	—		272,152		—		272,152
Residential mortgage-backed securities	—		177,735		—		177,735
Corporate debt securities	—		25,506		—		25,506
Mutual funds and other equity securities	5,866		—		—		5,866
	$	5,866	$	835,444	$	—	$	841,310

	Level 1		Level 2		Level 3		Total
December 31, 2012	Inputs		Inputs		Inputs		Fair Value
	(dollars in thousands)
Securities available for sale:
U.S. Treasury securities	$	—	$	104,656	$	—	$	104,656
Obligations of U.S. government corporations and agencies	—		370,194		—		370,194
Obligations of states and political subdivisions	—		280,288		—		280,288
Residential mortgage-backed securities	—		217,715		—		217,715
Corporate debt securities	24,714		—		—		24,714
Mutual funds and other equity securities	3,930		—		—		3,930
	$	28,644	$	972,853	$	—	$	1,001,497

Schedule of assets and liabilities measured at fair value on a non-recurring basis

	Level 1		Level 2		Level 3		Total
December 31, 2013	Inputs		Inputs		Inputs		Fair Value
	(dollars in thousands)
Impaired loans	$	—	$	—	$	5,491	$	5,491
OREO	—		—		1,134		1,134

December 31, 2012
Impaired loans	$	—	$	—	$	2,284	$	2,284
OREO	—		—		511		511

Schedule of quantitative information about Level 3 fair value measurements


	Quantitative Information about Level 3 Fair Value Measurements
	Fair Value		Valuation	Unobservable	Range
December 31, 2013	Estimate		Techniques	Input	(Weighted Average)
	(dollars in thousands)
Impaired loans	$	5,491	Appraisal of collateral	Appraisal adjustments	-0.4% to -100.0% (-36.0%)
OREO	1,134		Appraisal of collateral	Appraisal adjustments	-6.6% to -100.0% (-47.9%)


December 31, 2012
Impaired loans	2,284	Appraisal of collateral	Appraisal adjustments	-12.00% to -100.0% (-34.2%)
OREO	511	Appraisal of collateral	Appraisal adjustments	-51.7% to -61.30% (-53.4%)

Schedule of estimated fair values of financial instruments

	December 31, 2013				December 31, 2012
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
	(dollars in thousands)
Financial assets:
Level 2 inputs:
Cash and due from banks	$	231,603	$	231,603	$	351,255	$	351,255
Loans held for sale	13,840		14,103		40,003		40,971
Accrued interest receivable	11,148		11,148		12,275		12,275
Level 3 inputs:
Loans, net	2,233,893		2,236,841		1,985,095		2,006,588

Financial liabilities:
Level 2 inputs:
Deposits	$	2,869,138	$	2,870,870	$	2,980,292	$	2,987,524
Securities sold under agreements to repurchase	172,348		172,348		139,024		139,024
Long-term debt	—		—		7,000		7,120
Junior subordinated debt owed to unconsolidated trusts	55,000		55,000		55,000		55,000
Accrued interest payable	673		673		1,128		1,128

Reportable Segments and Related Information (Tables)

12 Months Ended

Dec. 31, 2013

Reportable Segments and Related Information

Summary of information relating to reportable segments

	Goodwill				Total Assets
As of December 31,	2013		2012		2013		2012
	(dollars in thousands)				(dollars in thousands)

Busey Bank	$	—	$	—	$	3,456,555	$	3,567,637
FirsTech	8,992		8,992		27,253		26,401
Busey Wealth Management	11,694		11,694		28,548		26,653
All Other	—		—		27,219		(2,635		)
Totals	$	20,686	$	20,686	$	3,539,575	$	3,618,056

	Year ended December 31,
	2013			2012			2011
	(dollars in thousands)

Interest Income:
Busey Bank	$	108,413		$	116,608		$	132,501
FirsTech	51			62			66
Busey Wealth Management	242			251			255
All Other	(10		)	(5		)	(3		)
Total interest income	$	108,696		$	116,916		$	132,819

Interest Expense:
Busey Bank	$	7,448		$	13,466		$	20,514
FirsTech	—			—			—
Busey Wealth Management	—			—			—
All Other	1,183			1,304			1,912
Total interest expense	$	8,631		$	14,770		$	22,426

Other Income:
Busey Bank	$	36,774		$	39,908		$	35,940
FirsTech	8,541			8,522			9,287
Busey Wealth Management	17,799			16,345			14,841
All Other	(531		)	2,077			(1,053		)
Total other income	$	62,583		$	66,852		$	59,015

Net Income:
Busey Bank	$	25,416		$	19,162		$	28,504
FirsTech	1,000			935			1,437
Busey Wealth Management	4,242			3,363			3,095
All Other	(1,932		)	(1,103		)	(3,163		)
Total net income	$	28,726		$	22,357		$	29,873

Parent Company Only Financial Information (Tables) - Parent

12 Months Ended

Dec. 31, 2013

Parent Company Only Financial Information

Balance Sheet

BALANCE SHEETS

	December 31,
	2013		2012
	(dollars in thousands)
ASSETS

Cash and due from subsidiary banks	$	42,645	$	5,152
Securities available for sale	201		201
Loans	—		68
Investments in subsidiaries:
Bank	400,442		432,912
Non-bank	25,646		23,605
Premises and equipment, net	521		757
Other assets	9,450		9,369
Total assets	$	478,905	$	472,064

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Junior subordinated debentures owed to unconsolidated Trusts	55,000		55,000
Other liabilities	8,541		8,267
Total liabilities	63,541		63,267

Total stockholders’ equity	415,364		408,797
Total liabilities and stockholders’ equity	$	478,905	$	472,064

Statement of Operations

STATEMENTS OF INCOME

	Years Ended December 31,
	2013			2012		2011
	(dollars in thousands)
Operating income:
Dividends from subsidiaries:
Bank	$	—		$	—	$	—
Non-bank	2,000			2,500		3,750
Interest and dividend income	46			49		63
Other income	4,669			6,231		2,424
Total operating income	6,715			8,780		6,237

Expense:
Salaries and employee benefits	5,139			4,718		3,620
Interest expense	1,220			1,351		1,963
Operating expense	2,163			2,469		2,623
Total expense	8,522			8,538		8,206

(Loss) income before income tax benefit and distributions (in excess of) less than net income of subsidiaries	(1,807		)	242		(1,969		)

Income tax benefit	1,875			1,155		2,556

Income before distributions less than net income of subsidiaries	68			1,397		587

Distributions less than (in excess of) net income (loss) of subsidiaries:
Bank	26,416			20,097		29,941
Non-bank	2,242			863		(655		)

Net income	$	28,726		$	22,357	$	29,873

Statement of Cash Flows

STATEMENTS OF CASH FLOWS

	Years Ended December 31,
	2013			2012			2011
	(dollars in thousands)
Cash Flows from Operating Activities
Net income	$	28,726		$	22,357		$	29,873
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	100			98			120
Distributions less than net income of subsidiaries	(28,658		)	(20,960		)	(29,286		)
Stock-based compensation	1,079			991			488
Fair value adjustment on employee stock ownership plan shares allocated	—			(322		)	(318		)
Changes in assets and liabilities:
(Increase) decrease in other assets	(62		)	125			1,479
Increase (decrease) in other liabilities	381			1,435			(22,630		)

Net cash provided by (used in) operating activities	1,566			3,724			(20,274		)

Cash Flows from Investing Activities
Securities purchased under agreements to resell, net	—			—			10,909
Decrease in loans	68			95			85
Proceeds from sales of premises and equipment	226			—			—
Purchases of premises and equipment	(90		)	(11		)	(5		)

Net cash provided by investing activities	204			84			10,989

Cash Flows from Financing Activities
Proceeds from charter amendment with subsidiary bank	50,000			—			—
Repurchase of Series T Preferred Stock	—			—			(100,000		)
Proceeds from issuance of Series C Preferred stock	—			—			72,664
Shares surrendered upon vesting of restricted stock units to cover tax obligations	(237		)	—			—
Cash dividends paid	(14,040		)	(24,427		)	(18,343		)
Net cash provided by (used in) financing activities	35,723			(24,427		)	(45,679		)

Net increase (decrease) in cash and due from subsidiary banks	37,493			(20,619		)	(54,964		)
Cash and due from subsidiary banks, beginning	5,152			25,771			80,735

Cash and due from subsidiary banks, ending	$	42,645		$	5,152		$	25,771

Unaudited Interim Financial Data (Tables)

12 Months Ended

Dec. 31, 2013

Unaudited Interim Financial Data

Schedule reflecting the summarized quarterly data

The following table reflects summarized quarterly data for the periods described (unaudited), in thousands, except per share data:

	2013
	December 31		September 30		June 30		March 31

Interest income	$	26,885	$	27,236	$	27,460	$	27,115
Interest expense	1,881		2,003		2,215		2,532
Net interest income	25,004		25,233		25,245		24,583
Provision for loan losses	1,500		2,000		2,000		2,000
Non-interest income	14,529		15,630		15,783		16,641
Non-interest expense	27,585		27,358		27,801		29,567
Income before income taxes	10,448		11,505		11,227		9,657
Income taxes	3,528		3,572		3,787		3,224
Net income	$	6,920	$	7,933	$	7,440	$	6,433
Preferred stock dividends	908		909		908		908
Net income available to common stockholders	$	6,012	$	7,024	$	6,532	$	5,525

Basic earnings per share	$	0.07	$	0.08	$	0.08	$	0.06
Diluted earnings per share	$	0.07	$	0.08	$	0.08	$	0.06

	2012
	December 31		September 30		June 30		March 31

Interest income	$	28,584	$	29,011	$	29,225	$	30,096
Interest expense	2,955		3,466		3,951		4,398
Net interest income	25,629		25,545		25,274		25,698
Provision for loan losses	3,500		3,500		4,500		5,000
Non-interest income	17,613		15,589		15,770		17,880
Non-interest expense	32,269		30,394		29,779		27,202
Income before income taxes	7,473		7,240		6,765		11,376
Income taxes	2,556		2,331		1,877		3,733
Net income	$	4,917	$	4,909	$	4,888	$	7,643
Preferred stock dividends	908		909		908		908
Net income available to common stockholders	$	4,009	$	4,000	$	3,980	$	6,735

Basic earnings per share	$	0.05	$	0.05	$	0.05	$	0.08
Diluted earnings per share	$	0.05	$	0.05	$	0.05	$	0.08

Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Significant Accounting Policies
Assets under care	$ 5,000,000	$ 4,200,000
Maximum estimated economic life	5 years
Goodwill
Goodwill impairment	$ 0	$ 0
Buildings and improvements \| Minimum
Premises and Equipment
Estimated Useful Life	3 years
Buildings and improvements \| Maximum
Premises and Equipment
Estimated Useful Life	40 years
Furniture and equipment \| Minimum
Premises and Equipment
Estimated Useful Life	3 years
Furniture and equipment \| Maximum
Premises and Equipment
Estimated Useful Life	10 years

Significant Accounting Policies (Details 2) $ in Thousands	12 Months Ended
Significant Accounting Policies (Details 2) $ in Thousands	Dec. 31, 2013 USD ($) item	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)
Income taxes
Valuation allowance	$ 0
Accruals for payments of interest and penalties	0	$ 0
Compensation expense recognized	$ 1,100	$ 1,000	$ 400
Segment disclosure
Number of primary operating subsidiaries that are entity's segments \| item	3
Restricted stock units
Income taxes
Compensation expense recognized	$ 0
Restricted stock units \| Minimum
Income taxes
Requisite service period	1 year
Restricted stock units \| Maximum
Income taxes
Requisite service period	5 years

Significant Accounting Policies (Details 3) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Net income per share calculations for basic and diluted methods
Net income available to common stockholders (in dollars)	$ 6,012	$ 7,024	$ 6,532	$ 5,525	$ 4,009	$ 4,000	$ 3,980	$ 6,735	$ 25,093	$ 18,724	$ 24,531
Shares:
Weighted average common shares outstanding									86,765,000	86,643,000	85,304,000
Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method (in shares)									299,000	9,000	8,000
Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation									87,064,000	86,652,000	85,312,000
Basic earnings per common share (in dollars per share)	$ 0.07	$ 0.08	$ 0.08	$ 0.06	$ 0.05	$ 0.05	$ 0.05	$ 0.08	$ 0.29	$ 0.22	$ 0.29
Diluted earnings per common share (in dollars per share)	$ 0.07	$ 0.08	$ 0.08	$ 0.06	$ 0.05	$ 0.05	$ 0.05	$ 0.08	$ 0.29	$ 0.22	$ 0.29
Stock options
Anti-dilutive securities excluded from the calculation of common stock equivalents
Number of anti-dilutive securities (in shares)									643,879	804,968
Warrants
Anti-dilutive securities excluded from the calculation of common stock equivalents
Number of anti-dilutive securities (in shares)									573,833	573,833
Restricted stock units
Anti-dilutive securities excluded from the calculation of common stock equivalents
Number of anti-dilutive securities (in shares)									347,253	793,332

Cash and Due from Banks (Details) - USD ($) $ in Millions	Dec. 31, 2013	Dec. 31, 2012
Cash and Due from Banks
Required reserve balance	$ 5.3	$ 4.3

Securities (Details) $ in Thousands	12 Months Ended
Securities (Details) $ in Thousands	Dec. 31, 2013 USD ($) item	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)
Available for sale
Amortized Cost	$ 833,735	$ 978,477
Gross Unrealized Gains	11,350	23,289
Gross Unrealized Losses	(3,775)	(269)
Fair Value	841,310	1,001,497
Held to maturity
Amortized Cost	834
Gross Unrealized Gains	1
Gross Unrealized Losses	(4)
Fair Value	831
Available for sale, Amortized Cost
Due in one year or less	140,414
Due after one year through five years	451,993
Due after five years through ten years	163,885
Due after ten years	73,329
Amortized Cost	829,621
Available for sale, Fair Value
Due in one year or less	141,464
Due after one year through five years	454,381
Due after five years through ten years	165,378
Due after ten years	74,221
Fair Value	835,444
Held to maturity, Amortized Cost
Due after one year through five years	321
Due after five years through ten years	513
Amortized Cost	834
Held to maturity, Fair Value
Due after one year through five years	322
Due after five years through ten years	509
Fair Value	831
Realized gains and losses related to sales of securities available for sale
Gross security gains	599	1,602	$ 174
Gross security (losses)	(46)	(5)	(4)
Net security gains	553	1,597	$ 170
Tax provision related to net realized gains (losses)	200	600
Carrying amount of investment securities pledged as collateral	428,700	489,100
Available for sale, Fair Value
Continuous unrealized losses existing for less than 12 months, gross	199,636	63,320
Continuous unrealized losses existing greater than 12 months, gross	8,492	3,311
Total	208,128	66,631
Available for sale, Unrealized Losses
Continuous unrealized losses existing for less than 12 months, gross	3,481	220
Continuous unrealized losses existing greater than 12 months, gross	294	49
Total	3,775	269
Held to maturity, Fair Value
Continuous unrealized losses existing for less than 12 months, gross	597
Total	597
Held to maturity, Unrealized Losses
Continuous unrealized losses existing for less than 12 months, gross	4
Total	$ 4
Number of securities in unrealized loss position \| item	266
Securities in unrealized loss position as a percentage of aggregate carrying value of investments	1.80%
Debt securities
Available for sale
Amortized Cost	$ 829,621	976,026
Gross Unrealized Gains	9,598	21,810
Gross Unrealized Losses	(3,775)	(269)
Fair Value	835,444	997,567
U.S. Treasury securities
Available for sale
Amortized Cost	102,463	103,353
Gross Unrealized Gains	244	1,303
Gross Unrealized Losses	(67)
Fair Value	102,640	104,656
Available for sale, Fair Value
Continuous unrealized losses existing for less than 12 months, gross	25,830
Total	25,830
Available for sale, Unrealized Losses
Continuous unrealized losses existing for less than 12 months, gross	67
Total	67
Obligations of U.S. government corporations and agencies
Available for sale
Amortized Cost	254,998	363,583
Gross Unrealized Gains	2,741	6,616
Gross Unrealized Losses	(328)	(5)
Fair Value	257,411	370,194
Available for sale, Fair Value
Continuous unrealized losses existing for less than 12 months, gross	25,946	10,155
Total	25,946	10,155
Available for sale, Unrealized Losses
Continuous unrealized losses existing for less than 12 months, gross	328	5
Total	328	5
Obligations of states and political subdivisions
Available for sale
Amortized Cost	272,077	274,350
Gross Unrealized Gains	2,887	6,176
Gross Unrealized Losses	(2,812)	(238)
Fair Value	272,152	280,288
Held to maturity
Amortized Cost	834
Gross Unrealized Gains	1
Gross Unrealized Losses	(4)
Fair Value	831	0
Held to maturity, Amortized Cost
Amortized Cost	834
Held to maturity, Fair Value
Fair Value	831	0
Available for sale, Fair Value
Continuous unrealized losses existing for less than 12 months, gross	92,703	37,958
Continuous unrealized losses existing greater than 12 months, gross	8,492	3,311
Total	101,195	41,269
Available for sale, Unrealized Losses
Continuous unrealized losses existing for less than 12 months, gross	2,518	189
Continuous unrealized losses existing greater than 12 months, gross	294	49
Total	2,812	238
Held to maturity, Fair Value
Continuous unrealized losses existing for less than 12 months, gross	597
Total	597
Held to maturity, Unrealized Losses
Continuous unrealized losses existing for less than 12 months, gross	4
Total	4
Residential mortgage-backed securities
Available for sale
Amortized Cost	174,699	210,139
Gross Unrealized Gains	3,571	7,576
Gross Unrealized Losses	(535)
Fair Value	177,735	217,715
Available for sale, Fair Value
Continuous unrealized losses existing for less than 12 months, gross	53,543
Total	53,543
Available for sale, Unrealized Losses
Continuous unrealized losses existing for less than 12 months, gross	535
Total	535
Corporate debt securities
Available for sale
Amortized Cost	25,384	24,601
Gross Unrealized Gains	155	139
Gross Unrealized Losses	(33)	(26)
Fair Value	25,506	24,714
Available for sale, Fair Value
Continuous unrealized losses existing for less than 12 months, gross	1,614	15,207
Total	1,614	15,207
Available for sale, Unrealized Losses
Continuous unrealized losses existing for less than 12 months, gross	33	26
Total	33	26
Mutual funds and other equity securities
Available for sale
Amortized Cost	4,114	2,451
Gross Unrealized Gains	1,752	1,479
Fair Value	$ 5,866	$ 3,930

Securities (Details 2) $ in Thousands	12 Months Ended
Securities (Details 2) $ in Thousands	Dec. 31, 2013 USD ($) item	Dec. 31, 2012 USD ($) item
Securities
Available for sale, fair value	$ 841,310	$ 1,001,497
Held to maturity, fair value	$ 831
General obligation bonds
Securities
Number of issuers \| item	219	227
Average Exposure Per Issuer (Fair Value)	$ 1,020	$ 1,007
Amortized Cost	222,693	223,010
Fair Value	223,470	228,606
Amount of largest exposure to a single issuer	$ 5,000	$ 5,200
Percentage of the entity's stockholders equity in excess of aggregate book or market value	10.00%	10.00%
Percentage of underlying asset rated by at least a specified nationally recognized statistical rating organization	96.40%	94.30%
Minimum number of nationally recognized statistical rating organizations \| item	1	1
Percentage of underlying asset unrated	3.60%	5.60%
Percentage of underlying asset insured by a below-investment-grade insurer without an underlying rating		0.10%
General obligation bonds \| Illinois
Securities
Number of issuers \| item	82	97
Average Exposure Per Issuer (Fair Value)	$ 1,022	$ 1,008
Amortized Cost	82,884	94,614
Fair Value	$ 83,804	$ 97,812
General obligation bonds \| Wisconsin
Securities
Number of issuers \| item	41	42
Average Exposure Per Issuer (Fair Value)	$ 1,052	$ 1,114
Amortized Cost	43,117	46,286
Fair Value	$ 43,122	$ 46,794
General obligation bonds \| Michigan
Securities
Number of issuers \| item	37	35
Average Exposure Per Issuer (Fair Value)	$ 956	$ 949
Amortized Cost	35,350	32,572
Fair Value	$ 35,365	$ 33,200
General obligation bonds \| Pennsylvania
Securities
Number of issuers \| item	11	9
Average Exposure Per Issuer (Fair Value)	$ 1,285	$ 1,332
Amortized Cost	14,132	11,926
Fair Value	$ 14,133	$ 11,987
General obligation bonds \| Ohio
Securities
Number of issuers \| item	12	11
Average Exposure Per Issuer (Fair Value)	$ 952	$ 900
Amortized Cost	11,709	9,871
Fair Value	$ 11,426	$ 9,905
General obligation bonds \| Texas
Securities
Number of issuers \| item	7
Average Exposure Per Issuer (Fair Value)	$ 1,039
Amortized Cost	7,510
Fair Value	$ 7,270
General obligation bonds \| Iowa
Securities
Number of issuers \| item	3
Average Exposure Per Issuer (Fair Value)	$ 2,020
Amortized Cost	6,126
Fair Value	$ 6,060
General obligation bonds \| Other
Securities
Number of issuers \| item	26	33
Average Exposure Per Issuer (Fair Value)	$ 857	$ 876
Amortized Cost	21,865	27,741
Fair Value	$ 22,290	$ 28,908
Revenue bonds
Securities
Number of issuers \| item	48	49
Average Exposure Per Issuer (Fair Value)	$ 1,032	$ 1,055
Amortized Cost	50,218	51,340
Fair Value	49,513	51,682
Amount of largest exposure to a single issuer	$ 3,000	$ 3,500
Percentage of the entity's stockholders equity in excess of aggregate book or market value	10.00%	10.00%
Minimum number of nationally recognized statistical rating organizations \| item	1
Revenue bonds \| Illinois
Securities
Number of issuers \| item	4	4
Average Exposure Per Issuer (Fair Value)	$ 1,780	$ 1,961
Amortized Cost	7,356	7,832
Fair Value	$ 7,121	$ 7,842
Revenue bonds \| Indiana
Securities
Number of issuers \| item	14	11
Average Exposure Per Issuer (Fair Value)	$ 1,034	$ 853
Amortized Cost	14,740	9,339
Fair Value	$ 14,481	$ 9,378
Revenue bonds \| Other
Securities
Number of issuers \| item	30	34
Average Exposure Per Issuer (Fair Value)	$ 930	$ 1,014
Amortized Cost	28,122	34,169
Fair Value	27,911	34,462
Obligations of states and political subdivisions
Securities
Available for sale, fair value	272,152	280,288
Held to maturity, fair value	$ 831	$ 0
Number of issuers \| item	267	276
Total Risk Based Capital for rated securities (as a percent)	100.00%
Total Risk Based Capital for unrated securities (as a percent)	15.00%
Obligations of states and political subdivisions \| General obligation bonds
Securities
Fair Value	$ 223,500	$ 228,600
Number of states in which investment is held \| item	25	26
Number of states in which investment is held in excess of aggregate fair value \| item	7	5
Aggregate fair value	$ 5,000	$ 5,000
Obligations of states and political subdivisions \| Revenue bonds
Securities
Fair Value	$ 49,500	$ 51,700
Number of states in which investment is held \| item	21	23
Number of states in which investment is held in excess of aggregate fair value \| item	2	2
Aggregate fair value	$ 5,000	$ 5,000

Loans (Details) $ in Thousands	12 Months Ended
Loans (Details) $ in Thousands	Dec. 31, 2013 USD ($) item mi	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)
Loans
Total	$ 2,295,300	$ 2,073,110
Less held for sale	13,840	40,003
Total loans before allowance for loan losses	2,281,460	2,033,107
Less allowance for loan losses	47,567	48,012	$ 58,506	$ 76,038
Net loans	$ 2,233,893	1,985,095
Net deferred loan origination costs		800
Minimum target period for lending via intermediate term loans	0 years
Maximum target period for lending via intermediate term loans	7 years
Geographical area from lending offices which attempt is made to lend short and intermediate term loans (in miles) \| mi	125
Direct and indirect maximum total borrowing relationship limit	$ 20,000
Borrowing relationships, threshold above which board of directors will review annually	$ 20,000
Number of primary areas for lending loan \| item	5
Illinois
Loans
Total	$ 1,814,155	1,691,946
Florida
Loans
Total	301,873	277,464
Total loans before allowance for loan losses	301,125	275,182
Less allowance for loan losses	13,118	15,433	19,469	29,849
Indiana
Loans
Total	179,272	103,700
Commercial
Loans
Total	580,612	433,688
Commercial \| Illinois
Loans
Total	530,174	399,300
Commercial \| Florida
Loans
Total	20,536	10,861
Total loans before allowance for loan losses	20,536	10,861
Less allowance for loan losses	1,926	1,437	1,939	2,013
Commercial \| Indiana
Loans
Total	29,902	23,527
Commercial real estate
Loans
Total	1,092,273	981,132
Commercial real estate \| Illinois
Loans
Total	800,568	777,752
Commercial real estate \| Florida
Loans
Total	160,255	138,170
Total loans before allowance for loan losses	160,255	138,170
Less allowance for loan losses	5,733	6,062	8,413	13,291
Commercial real estate \| Indiana
Loans
Total	131,450	65,210
Real estate construction
Loans
Total	78,855	86,101
Real estate construction \| Illinois
Loans
Total	55,190	67,152
Real estate construction \| Florida
Loans
Total	17,426	15,972
Total loans before allowance for loan losses	17,426	15,972
Less allowance for loan losses	1,168	2,315	2,936	4,717
Real estate construction \| Indiana
Loans
Total	6,239	2,977
Retail real estate
Loans
Total	$ 534,493	559,836
Minimum term of long-term loans entity sells to secondary market purchasers	5 years
Maximum term of loans entity retains	5 years
Retail real estate \| Illinois
Loans
Total	$ 419,801	435,911
Retail real estate \| Florida
Loans
Total	103,104	112,052
Total loans before allowance for loan losses	102,356	109,770
Less allowance for loan losses	4,287	5,614	6,160	9,748
Retail real estate \| Indiana
Loans
Total	11,588	11,873
Retail other
Loans
Total	9,067	12,353
Retail other \| Illinois
Loans
Total	8,422	11,831
Retail other \| Florida
Loans
Total	552	409
Total loans before allowance for loan losses	552	409
Less allowance for loan losses	4	5	$ 21	$ 80
Retail other \| Indiana
Loans
Total	$ 93	$ 113

Loans (Details 2) $ in Thousands	12 Months Ended
Loans (Details 2) $ in Thousands	Dec. 31, 2013 USD ($) item	Dec. 31, 2012 USD ($) item
Grades 1, 3, 6 and 7
Loans
Loans receivable	$ 2,100,000	$ 1,800,000
Increase or decrease in loans receivable	314,000
Grades 8, 9, and 10
Loans
Loans receivable	161,900	228,100
Increase or decrease in loans receivable	(66,200)
Grades 1,3,6
Loans
Loans receivable	1,928,794	1,594,150
Grades 1,3,6 \| Illinois/Indiana
Loans
Loans receivable	1,710,039	1,419,453
Grades 1,3,6 \| Florida
Loans
Loans receivable	218,755	174,697
Grade 7
Loans
Loans receivable	188,741	209,424
Grade 7 \| Illinois/Indiana
Loans
Loans receivable	152,084	171,123
Grade 7 \| Florida
Loans
Loans receivable	36,657	38,301
Grade 8
Loans
Limit above which loans are quarterly reviewed	500
Loans receivable	77,253	114,462
Grade 8 \| Illinois/Indiana
Loans
Loans receivable	52,625	84,647
Grade 8 \| Florida
Loans
Loans receivable	24,628	29,815
Grade 9
Loans
Loans receivable	67,531	88,581
Grade 9 \| Illinois/Indiana
Loans
Loans receivable	50,240	64,299
Grade 9 \| Florida
Loans
Loans receivable	17,291	24,282
Grade 10
Loans
Loans receivable	17,164	25,104
Grade 10 \| Illinois/Indiana
Loans
Loans receivable	13,370	17,553
Grade 10 \| Florida
Loans
Loans receivable	$ 3,794	$ 7,551
Commercial \| Illinois/Indiana
Loans
Weighted Avg. Risk Grade \| item	4.66	4.68
Commercial \| Florida
Loans
Weighted Avg. Risk Grade \| item	5.89	5.91
Commercial \| Grades 1,3,6 \| Illinois/Indiana
Loans
Loans receivable	$ 487,587	$ 346,536
Commercial \| Grades 1,3,6 \| Florida
Loans
Loans receivable	16,460	6,359
Commercial \| Grade 7
Loans
Limit above which loans are annually reviewed	500
Commercial \| Grade 7 \| Illinois/Indiana
Loans
Loans receivable	46,992	46,201
Commercial \| Grade 7 \| Florida
Loans
Loans receivable	174	3,544
Commercial \| Grade 8 \| Illinois/Indiana
Loans
Loans receivable	15,986	12,374
Commercial \| Grade 8 \| Florida
Loans
Loans receivable	3,218	162
Commercial \| Grade 9 \| Illinois/Indiana
Loans
Loans receivable	8,536	15,677
Commercial \| Grade 9 \| Florida
Loans
Loans receivable	684	796
Commercial \| Grade 10 \| Illinois/Indiana
Loans
Loans receivable	$ 975	$ 2,039
Commercial real estate \| Illinois/Indiana
Loans
Weighted Avg. Risk Grade \| item	5.55	5.53
Commercial real estate \| Florida
Loans
Weighted Avg. Risk Grade \| item	6.02	6.36
Commercial real estate \| Grades 1,3,6 \| Illinois/Indiana
Loans
Loans receivable	$ 799,117	$ 644,695
Commercial real estate \| Grades 1,3,6 \| Florida
Loans
Loans receivable	116,741	80,232
Commercial real estate \| Grade 7 \| Illinois/Indiana
Loans
Loans receivable	79,371	110,012
Commercial real estate \| Grade 7 \| Florida
Loans
Loans receivable	16,470	20,667
Commercial real estate \| Grade 8 \| Illinois/Indiana
Loans
Loans receivable	19,327	50,305
Commercial real estate \| Grade 8 \| Florida
Loans
Loans receivable	11,250	13,238
Commercial real estate \| Grade 9 \| Illinois/Indiana
Loans
Loans receivable	29,606	28,655
Commercial real estate \| Grade 9 \| Florida
Loans
Loans receivable	12,721	19,279
Commercial real estate \| Grade 10 \| Illinois/Indiana
Loans
Loans receivable	4,597	9,295
Commercial real estate \| Grade 10 \| Florida
Loans
Loans receivable	3,073	$ 4,754
Real estate construction
Loans
Limit above which loans are quarterly reviewed	$ 500
Real estate construction \| Illinois/Indiana
Loans
Weighted Avg. Risk Grade \| item	7.11	7.21
Real estate construction \| Florida
Loans
Weighted Avg. Risk Grade \| item	6.64	6.97
Real estate construction \| Grades 1,3,6 \| Illinois/Indiana
Loans
Loans receivable	$ 21,585	$ 30,710
Real estate construction \| Grades 1,3,6 \| Florida
Loans
Loans receivable	7,886	4,137
Real estate construction \| Grade 7 \| Illinois/Indiana
Loans
Loans receivable	16,376	7,809
Real estate construction \| Grade 7 \| Florida
Loans
Loans receivable	7,961	7,721
Real estate construction \| Grade 8 \| Illinois/Indiana
Loans
Loans receivable	11,920	14,162
Real estate construction \| Grade 8 \| Florida
Loans
Loans receivable	743	3,172
Real estate construction \| Grade 9 \| Illinois/Indiana
Loans
Loans receivable	7,686	14,084
Real estate construction \| Grade 9 \| Florida
Loans
Loans receivable	836	942
Real estate construction \| Grade 10 \| Illinois/Indiana
Loans
Loans receivable	$ 3,862	$ 3,364
Retail real estate \| Illinois/Indiana
Loans
Weighted Avg. Risk Grade \| item	3.53	3.62
Retail real estate \| Florida
Loans
Weighted Avg. Risk Grade \| item	3.85	3.98
Retail real estate \| Grades 1,3,6 \| Illinois/Indiana
Loans
Loans receivable	$ 393,299	$ 385,949
Retail real estate \| Grades 1,3,6 \| Florida
Loans
Loans receivable	77,116	83,578
Retail real estate \| Grade 7 \| Illinois/Indiana
Loans
Loans receivable	9,285	6,729
Retail real estate \| Grade 7 \| Florida
Loans
Loans receivable	12,052	6,369
Retail real estate \| Grade 8 \| Illinois/Indiana
Loans
Loans receivable	5,392	7,806
Retail real estate \| Grade 8 \| Florida
Loans
Loans receivable	9,417	13,225
Retail real estate \| Grade 9 \| Illinois/Indiana
Loans
Loans receivable	4,408	5,874
Retail real estate \| Grade 9 \| Florida
Loans
Loans receivable	3,050	3,265
Retail real estate \| Grade 10 \| Illinois/Indiana
Loans
Loans receivable	3,936	2,855
Retail real estate \| Grade 10 \| Florida
Loans
Loans receivable	$ 721	$ 2,797
Retail other \| Illinois/Indiana
Loans
Weighted Avg. Risk Grade \| item	2.64	3.34
Retail other \| Florida
Loans
Weighted Avg. Risk Grade \| item	1.72	2.80
Retail other \| Grades 1,3,6 \| Illinois/Indiana
Loans
Loans receivable	$ 8,451	$ 11,563
Retail other \| Grades 1,3,6 \| Florida
Loans
Loans receivable	552	391
Retail other \| Grade 7 \| Illinois/Indiana
Loans
Loans receivable	60	372
Retail other \| Grade 8 \| Florida
Loans
Loans receivable		18
Retail other \| Grade 9 \| Illinois/Indiana
Loans
Loans receivable	$ 4	$ 9

Loans (Details 3) - USD ($) $ in Thousands	12 Months Ended
Loans (Details 3) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Loans past due, still accruing
30-59 Days	$ 1,976	$ 1,847
60-89 Days	4,138	438
90+Days	195	256
Non-accrual Loans	$ 17,164	25,104
Minimum period past due as criterion for assessing impairment of loans	60 days
Minimum amount criterion for assessing impairment of loans	$ 250
Loans assessed for impairment if loans are above a particular limit and are of eighth grade	500
Amount of problem loans sold from HS portfolio, net of charge-offs	7,600	22,100
Gross interest income that would have been recorded if impaired loans had been current	$ 1,300	3,400	$ 6,000
Amount of interest collected and recognized on a cash basis			$ 1,000
Restructured loan included in the non-performing loan	90 days
Restructured loans
Total loans	$ 17,810	28,509
Illinois/Indiana
Loans past due, still accruing
30-59 Days	1,976	1,483
60-89 Days	4,138	435
90+Days	195	204
Non-accrual Loans	13,370	17,553
Florida
Loans past due, still accruing
30-59 Days		364
60-89 Days		3
90+Days		52
Non-accrual Loans	3,794	7,551
In compliance with modified terms
Restructured loans
Total loans	11,511	22,023
30-89 days past due
Restructured loans
Total loans	380	28
Included in non-performing loans
Restructured loans
Total loans	5,919	6,458
Commercial \| Illinois/Indiana
Loans past due, still accruing
30-59 Days	906	111
60-89 Days	279	80
90+Days	92	19
Non-accrual Loans	975	2,039
Commercial real estate \| Illinois/Indiana
Loans past due, still accruing
30-59 Days	567	216
60-89 Days	3,736	59
90+Days		139
Non-accrual Loans	4,597	9,295
Commercial real estate \| Florida
Loans past due, still accruing
Non-accrual Loans	3,073	4,754
Real estate construction \| Illinois/Indiana
Loans past due, still accruing
Non-accrual Loans	3,862	3,364
Retail real estate \| Illinois/Indiana
Loans past due, still accruing
30-59 Days	483	1,154
60-89 Days	123	294
90+Days	103	46
Non-accrual Loans	3,936	2,855
Retail real estate \| Florida
Loans past due, still accruing
30-59 Days		364
90+Days		52
Non-accrual Loans	721	2,797
Retail other \| Illinois/Indiana
Loans past due, still accruing
30-59 Days	$ 20	2
60-89 Days		2
Retail other \| Florida
Loans past due, still accruing
60-89 Days		$ 3

Loans (Details 4) $ in Thousands	3 Months Ended		12 Months Ended
Loans (Details 4) $ in Thousands	Dec. 31, 2013 USD ($) item	Dec. 31, 2012 USD ($) item	Dec. 31, 2013 USD ($) item	Dec. 31, 2012 USD ($) item
Loans
Unpaid Contractual Principal Balance	$ 40,077	$ 70,963	$ 40,077	$ 70,963
Recorded Investment with No Allowance	24,282	51,552	24,282	51,552
Recorded Investment with Allowance	9,778	4,041	9,778	4,041
Total Recorded Investment	34,060	55,593	34,060	55,593
Related Allowance	4,287	1,757	4,287	1,757
Average Recorded Investment			$ 44,724	64,591
Minimum days past due for TDR loans to be classified as non-performing			90 days
Illinois/Indiana
Loans
Unpaid Contractual Principal Balance	22,206	42,315	$ 22,206	42,315
Recorded Investment with No Allowance	10,914	30,294	10,914	30,294
Recorded Investment with Allowance	7,922	2,083	7,922	2,083
Total Recorded Investment	18,836	32,377	18,836	32,377
Related Allowance	3,534	1,039	3,534	1,039
Average Recorded Investment			25,689	38,571
Florida
Loans
Unpaid Contractual Principal Balance	17,871	28,648	17,871	28,648
Recorded Investment with No Allowance	13,368	21,258	13,368	21,258
Recorded Investment with Allowance	1,856	1,958	1,856	1,958
Total Recorded Investment	15,224	23,216	15,224	23,216
Related Allowance	$ 753	$ 718	753	718
Average Recorded Investment			$ 19,035	$ 26,020
In compliance with modified terms
Loans
Number of contracts \| item	3	4	5	21
Recorded Investment	$ 360	$ 2,101	$ 666	$ 10,657
In compliance with modified terms \| Illinois/Indiana
Loans
Number of contracts \| item	3	2	4	17
Recorded Investment	$ 360	$ 1,352	$ 579	$ 9,206
In compliance with modified terms \| Florida
Loans
Number of contracts \| item		2	1	4
Recorded Investment		$ 749	$ 87	$ 1,451
Included in non-performing loans
Loans
Number of contracts \| item		2	3	13
Recorded Investment		$ 374	$ 2,420	$ 2,606
Included in non-performing loans \| Illinois/Indiana
Loans
Number of contracts \| item		1	3	6
Recorded Investment		$ 232	$ 2,420	$ 541
Included in non-performing loans \| Florida
Loans
Number of contracts \| item		1		7
Recorded Investment		$ 142		$ 2,065
Commercial \| Illinois/Indiana
Loans
Unpaid Contractual Principal Balance	2,825	11,557	2,825	11,557
Recorded Investment with No Allowance	1,684	7,214	1,684	7,214
Recorded Investment with Allowance	602	265	602	265
Total Recorded Investment	2,286	7,479	2,286	7,479
Related Allowance	$ 485	$ 265	485	265
Average Recorded Investment			$ 4,169	10,109
Commercial \| Florida
Loans
Average Recorded Investment				$ 271
Commercial \| In compliance with modified terms \| Illinois/Indiana
Loans
Number of contracts \| item	1	1	1	4
Recorded Investment	$ 98	$ 752	$ 98	$ 2,032
Commercial \| Included in non-performing loans \| Illinois/Indiana
Loans
Number of contracts \| item				5
Recorded Investment				$ 309
Commercial real estate \| Illinois/Indiana
Loans
Unpaid Contractual Principal Balance	8,866	17,656	8,866	17,656
Recorded Investment with No Allowance	3,671	12,020	3,671	12,020
Recorded Investment with Allowance	3,740	1,288	3,740	1,288
Total Recorded Investment	7,411	13,308	7,411	13,308
Related Allowance	1,977	634	1,977	634
Average Recorded Investment			10,335	14,607
Commercial real estate \| Florida
Loans
Unpaid Contractual Principal Balance	7,108	9,533	7,108	9,533
Recorded Investment with No Allowance	3,946	5,988	3,946	5,988
Recorded Investment with Allowance	1,319	585	1,319	585
Total Recorded Investment	5,265	6,573	5,265	6,573
Related Allowance	$ 416	$ 235	416	235
Average Recorded Investment			$ 6,662	$ 6,506
Commercial real estate \| In compliance with modified terms
Loans
Number of modifications for short-term interest-rate relief \| item			1	1
Recorded investment for short-term interest-rate relief			$ 100	$ 2,000
Number of modifications for short-term principal payment relief \| item			2	2
Recorded investment for short-term principal payment relief			$ 500	$ 1,200
Commercial real estate \| In compliance with modified terms \| Illinois/Indiana
Loans
Number of contracts \| item	1	1	2	2
Recorded Investment	$ 246	$ 600	$ 465	$ 2,669
Commercial real estate \| In compliance with modified terms \| Florida
Loans
Number of contracts \| item		1	1	1
Recorded Investment		$ 571	$ 87	$ 571
Commercial real estate \| Included in non-performing loans \| Illinois/Indiana
Loans
Number of contracts \| item			1
Recorded Investment			$ 1,650
Commercial real estate \| Included in non-performing loans \| Florida
Loans
Number of contracts \| item				3
Recorded Investment				$ 1,287
Real estate construction \| Illinois/Indiana
Loans
Unpaid Contractual Principal Balance	4,932	6,851	4,932	6,851
Recorded Investment with No Allowance	2,292	6,394	2,292	6,394
Recorded Investment with Allowance	1,570		1,570
Total Recorded Investment	3,862	6,394	3,862	6,394
Related Allowance	468		468
Average Recorded Investment			5,889	8,625
Real estate construction \| Florida
Loans
Unpaid Contractual Principal Balance	417	2,597	417	2,597
Recorded Investment with No Allowance	417	2,597	417	2,597
Total Recorded Investment	417	2,597	417	2,597
Average Recorded Investment			$ 1,294	3,989
Real estate construction \| In compliance with modified terms
Loans
Recorded investment for short-term principal payment relief				200
Recorded investment for forbearance agreement				$ 2,800
Real estate construction \| In compliance with modified terms \| Illinois/Indiana
Loans
Number of contracts \| item				2
Recorded Investment				$ 3,029
Real estate construction \| Included in non-performing loans \| Illinois/Indiana
Loans
Number of contracts \| item			1
Recorded Investment			$ 222
Retail real estate \| Illinois/Indiana
Loans
Unpaid Contractual Principal Balance	5,583	6,251	5,583	6,251
Recorded Investment with No Allowance	3,267	4,666	3,267	4,666
Recorded Investment with Allowance	2,010	530	2,010	530
Total Recorded Investment	5,277	5,196	5,277	5,196
Related Allowance	604	140	604	140
Average Recorded Investment			5,296	5,206
Retail real estate \| Florida
Loans
Unpaid Contractual Principal Balance	10,346	16,518	10,346	16,518
Recorded Investment with No Allowance	9,005	12,673	9,005	12,673
Recorded Investment with Allowance	537	1,373	537	1,373
Total Recorded Investment	9,542	14,046	9,542	14,046
Related Allowance	$ 337	$ 483	337	483
Average Recorded Investment			$ 11,079	$ 15,254
Retail real estate \| In compliance with modified terms
Loans
Number of modifications for short-term interest-rate relief \| item				4
Recorded investment for short-term interest-rate relief				$ 1,000
Number of modifications for short-term principal payment relief \| item				8
Recorded investment for short-term principal payment relief				$ 1,400
Retail real estate \| In compliance with modified terms \| Illinois/Indiana
Loans
Number of contracts \| item	1		1	9
Recorded Investment	$ 16		$ 16	$ 1,476
Retail real estate \| In compliance with modified terms \| Florida
Loans
Number of contracts \| item		1		3
Recorded Investment		$ 178		$ 880
Retail real estate \| Included in non-performing loans \| Illinois/Indiana
Loans
Number of contracts \| item		1	1	1
Recorded Investment		$ 232	$ 548	$ 232
Retail real estate \| Included in non-performing loans \| Florida
Loans
Number of contracts \| item		1		4
Recorded Investment		$ 142		$ 778
Retail other \| Illinois/Indiana
Loans
Average Recorded Investment				$ 24

Loans (Details 5) $ in Millions	3 Months Ended	12 Months Ended
Loans (Details 5) $ in Millions	Dec. 31, 2013 USD ($)	Dec. 31, 2013 item	Dec. 31, 2012
Loans
The number of components in the general portion of the Company's allowance		2
Number of quarters whose historical average is used to calculate the historical loss ratio		20
Increase in allowances \| $	$ 5.0
Grade 9
Loans
Period of charge-off percentage based on which additional allocation is determined		1 year
Minimum additional reserve (as a percent)	3.00%	3.00%	3.00%
Grade 8
Loans
Number of quarters in more current measure of historical losses in adversely graded loans		12
Number of quarters in less current measure of historical losses in adversely graded loans		20
Minimum additional amount for loans (as a percent)	1.00%	1.00%	1.00%

Loans (Details 6) - USD ($) $ in Thousands	12 Months Ended
Loans (Details 6) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013	Dec. 31, 2012
Changes in allowance for loan losses
Beginning balance	$ 48,012	$ 58,506	$ 76,038
Provision for loan loss	7,500	16,500	20,000
Charged-off	(10,669)	(30,063)	(45,413)
Recoveries	2,724	3,069	7,881
Ending Balance	47,567	48,012	58,506
Amount allocated to:
Ending Balance	47,567	48,012	58,506	$ 47,567	$ 48,012
Loans:
Ending Balance				2,281,460	2,033,107
Illinois/Indiana
Changes in allowance for loan losses
Beginning balance	32,579	39,037	46,189
Provision for loan loss	6,350	15,891	15,367
Charged-off	(6,235)	(23,975)	(27,012)
Recoveries	1,755	1,626	4,493
Ending Balance	34,449	32,579	39,037
Amount allocated to:
Loans individually evaluated for impairment				3,534	1,039
Loans collectively evaluated for impairment				30,915	31,540
Ending Balance	32,579	32,579	39,037	34,449	32,579
Loans:
Loans individually evaluated for impairment				18,836	32,377
Loans collectively evaluated for impairment				1,961,499	1,725,548
Ending Balance				1,980,335	1,757,925
Florida
Changes in allowance for loan losses
Beginning balance	15,433	19,469	29,849
Provision for loan loss	1,150	609	4,633
Charged-off	(4,434)	(6,088)	(18,401)
Recoveries	969	1,443	3,388
Ending Balance	13,118	15,433	19,469
Amount allocated to:
Loans individually evaluated for impairment				753	718
Loans collectively evaluated for impairment				12,365	14,715
Ending Balance	15,433	15,433	19,469	13,118	15,433
Loans:
Loans individually evaluated for impairment				15,224	23,216
Loans collectively evaluated for impairment				285,901	251,966
Ending Balance				301,125	275,182
Commercial \| Illinois/Indiana
Changes in allowance for loan losses
Beginning balance	6,597	9,143	11,827
Provision for loan loss	2,681	1,428	2,565
Charged-off	(964)	(4,176)	(6,779)
Recoveries	138	202	1,530
Ending Balance	8,452	6,597	9,143
Amount allocated to:
Loans individually evaluated for impairment				485	265
Loans collectively evaluated for impairment				7,967	6,332
Ending Balance	6,597	6,597	9,143	8,452	6,597
Loans:
Loans individually evaluated for impairment				2,286	7,479
Loans collectively evaluated for impairment				557,790	415,348
Ending Balance				560,076	422,827
Commercial \| Florida
Changes in allowance for loan losses
Beginning balance	1,437	1,939	2,013
Provision for loan loss	414	(811)	3,841
Charged-off		(246)	(3,947)
Recoveries	75	555	32
Ending Balance	1,926	1,437	1,939
Amount allocated to:
Loans collectively evaluated for impairment				1,926	1,437
Ending Balance	1,437	1,437	1,939	1,926	1,437
Loans:
Loans collectively evaluated for impairment				20,536	10,861
Ending Balance				20,536	10,861
Commercial Real Estate \| Illinois/Indiana
Changes in allowance for loan losses
Beginning balance	15,023	18,605	19,504
Provision for loan loss	2,143	10,058	9,604
Charged-off	(1,361)	(14,016)	(10,643)
Recoveries	574	376	140
Ending Balance	16,379	15,023	18,605
Amount allocated to:
Loans individually evaluated for impairment				1,977	634
Loans collectively evaluated for impairment				14,402	14,389
Ending Balance	15,023	15,023	18,605	16,379	15,023
Loans:
Loans individually evaluated for impairment				7,411	13,308
Loans collectively evaluated for impairment				924,607	829,654
Ending Balance				932,018	842,962
Commercial Real Estate \| Florida
Changes in allowance for loan losses
Beginning balance	6,062	8,413	13,291
Provision for loan loss	2,225	(619)	(2,130)
Charged-off	(2,543)	(1,858)	(3,655)
Recoveries	(11)	126	907
Ending Balance	5,733	6,062	8,413
Amount allocated to:
Loans individually evaluated for impairment				416	235
Loans collectively evaluated for impairment				5,317	5,827
Ending Balance	6,062	6,062	8,413	5,733	6,062
Loans:
Loans individually evaluated for impairment				5,265	6,573
Loans collectively evaluated for impairment				154,990	131,597
Ending Balance				160,255	138,170
Real Estate Construction \| Illinois/Indiana
Changes in allowance for loan losses
Beginning balance	2,527	4,352	7,186
Provision for loan loss	847	(270)	1,478
Charged-off	(1,212)	(1,883)	(4,983)
Recoveries	378	328	671
Ending Balance	2,540	2,527	4,352
Amount allocated to:
Loans individually evaluated for impairment				468
Loans collectively evaluated for impairment				2,072	2,527
Ending Balance	2,527	2,527	4,352	2,540	2,527
Loans:
Loans individually evaluated for impairment				3,862	6,394
Loans collectively evaluated for impairment				57,567	63,735
Ending Balance				61,429	70,129
Real Estate Construction \| Florida
Changes in allowance for loan losses
Beginning balance	2,315	2,936	4,717
Provision for loan loss	(1,419)	(555)	195
Charged-off	(56)	(336)	(2,573)
Recoveries	328	270	597
Ending Balance	1,168	2,315	2,936
Amount allocated to:
Loans collectively evaluated for impairment				1,168	2,315
Ending Balance	2,315	2,315	2,936	1,168	2,315
Loans:
Loans individually evaluated for impairment				417	2,597
Loans collectively evaluated for impairment				17,009	13,375
Ending Balance				17,426	15,972
Retail Real Estate \| Illinois/Indiana
Changes in allowance for loan losses
Beginning balance	8,110	6,473	5,199
Provision for loan loss	616	4,397	4,463
Charged-off	(2,187)	(3,264)	(3,973)
Recoveries	323	504	784
Ending Balance	6,862	8,110	6,473
Amount allocated to:
Loans individually evaluated for impairment				604	140
Loans collectively evaluated for impairment				6,258	7,970
Ending Balance	8,110	8,110	6,473	6,862	8,110
Loans:
Loans individually evaluated for impairment				5,277	5,196
Loans collectively evaluated for impairment				413,020	404,867
Ending Balance				418,297	410,063
Retail Real Estate \| Florida
Changes in allowance for loan losses
Beginning balance	5,614	6,160	9,748
Provision for loan loss	(51)	2,626	2,773
Charged-off	(1,828)	(3,646)	(8,192)
Recoveries	552	474	1,831
Ending Balance	4,287	5,614	6,160
Amount allocated to:
Loans individually evaluated for impairment				337	483
Loans collectively evaluated for impairment				3,950	5,131
Ending Balance	5,614	5,614	6,160	4,287	5,614
Loans:
Loans individually evaluated for impairment				9,542	14,046
Loans collectively evaluated for impairment				92,814	95,724
Ending Balance				102,356	109,770
Retail Other \| Illinois/Indiana
Changes in allowance for loan losses
Beginning balance	322	464	2,473
Provision for loan loss	63	278	(2,743)
Charged-off	(511)	(636)	(634)
Recoveries	342	216	1,368
Ending Balance	216	322	464
Amount allocated to:
Loans collectively evaluated for impairment				216	322
Ending Balance	322	322	464	216	322
Loans:
Loans collectively evaluated for impairment				8,515	11,944
Ending Balance				8,515	11,944
Retail Other \| Florida
Changes in allowance for loan losses
Beginning balance	5	21	80
Provision for loan loss	(19)	(32)	(46)
Charged-off	(7)	(2)	(34)
Recoveries	25	18	21
Ending Balance	4	5	21
Amount allocated to:
Loans collectively evaluated for impairment				4	5
Ending Balance	$ 5	$ 5	$ 21	4	5
Loans:
Loans collectively evaluated for impairment				552	409
Ending Balance				$ 552	$ 409

Loan Servicing (Details) - USD ($) $ in Thousands	12 Months Ended
Loan Servicing (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Loan Servicing
Unpaid principal balances of loans serviced by the entity for the benefit of others	$ 1,440,000	$ 1,340,000
Capitalized servicing rights included in other assets	5,100	5,300
Fair values of servicing rights	6,400	8,600
Mortgage servicing rights capitalized and amortized
Mortgage servicing rights capitalized	2,490	2,794	$ 2,741
Mortgage servicing rights amortized	$ 2,650	$ 2,972	$ 2,530

Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Premises and equipment
Premises and equipment, gross	$ 117,313	$ 129,457
Less accumulated depreciation	51,486	58,390
Total premises and equipment	65,827	71,067
Depreciation expense	5,500	5,400	$ 5,500
Land and improvements
Premises and equipment
Premises and equipment, gross	21,532	22,732
Buildings and improvements
Premises and equipment
Premises and equipment, gross	62,159	65,099
Furniture and equipment
Premises and equipment
Premises and equipment, gross	$ 33,622	$ 41,626

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2009
Goodwill and other intangibles assets
Goodwill impairment	$ 0	$ 0
Changes in the carrying amount of goodwill	0	0
Total Goodwill	20,686	20,686
Busey Bank
Goodwill and other intangibles assets
Goodwill impairment			$ 208,200
FirsTech
Goodwill and other intangibles assets
Total Goodwill	8,992	8,992
Busey Wealth Management
Goodwill and other intangibles assets
Total Goodwill	$ 11,694	$ 11,694

Goodwill and Other Intangible Assets (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Amortized intangible assets:
Balance at the beginning of period	$ 12,703
Amortization	3,132	$ 3,315	$ 3,538
Balance at the end of period	9,571	12,703
Core deposit intangible assets
Amortized intangible assets:
Balance at the beginning of period	8,174
Amortization	2,050
Balance at the end of period	$ 6,124	8,174
Core deposit intangible assets \| Maximum
Goodwill and other intangibles assets
Intangible asset estimated period	10 years
Customer relationship intangible assets
Amortized intangible assets:
Balance at the beginning of period	$ 4,529
Amortization	1,082
Balance at the end of period	$ 3,447	$ 4,529
Customer relationship intangible assets \| Maximum
Goodwill and other intangibles assets
Intangible asset estimated period	10 years

Goodwill and Other Intangible Assets (Details 3) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Goodwill and other intangibles assets
Net carrying amount	$ 9,571	$ 12,703
Estimated amortization expense:
Net carrying amount	9,571	12,703
Core deposit intangible
Goodwill and other intangibles assets
Gross carrying amount	34,836
Accumulated amortization	28,712
Net carrying amount	6,124	8,174
Estimated amortization expense:
2014	1,870
2015	1,719
2016	1,644
2017	891
Net carrying amount	6,124	8,174
Customer relationship intangible
Goodwill and other intangibles assets
Gross carrying amount	11,320
Accumulated amortization	7,873
Net carrying amount	3,447	4,529
Estimated amortization expense:
2014	1,014
2015	972
2016	929
2017	532
Net carrying amount	$ 3,447	$ 4,529

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Deposits
Demand deposits, non-interest-bearing	$ 547,531	$ 611,043
Interest-bearing transaction deposits	61,384	66,295
Savings deposits	206,587	202,263
Money market deposits	1,471,265	1,409,492
Time deposits	582,371	691,199
Total deposits	2,869,138	2,980,292
Time deposits minimum denomination of $100,000 or more	163,700	202,400
Brokered and National included in the balance of time deposits	500	700
Deposits
2014	349,128
2015	112,585
2016	60,553
2017	41,076
2018	19,025
Thereafter	4
Total	$ 582,371	$ 691,199

Securities Sold Under Agreements to Repurchase (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Securities Sold Under Agreements to Repurchase
Maximum maturity period of securities sold under agreements to repurchase	1 year
Balance	$ 172,348	$ 139,024
Weighted average interest rate at end of period (as a percent)	0.13%	0.15%
Maximum outstanding at any month end	$ 172,348	$ 146,710
Average daily balance	$ 137,777	$ 132,150
Weighted average interest rate during period (as a percent)	0.14%	0.21%

Short-term Borrowings (Details) - Line of Credit $ in Millions	Dec. 31, 2012 USD ($)
Short-term borrowings
Maximum borrowing capacity	$ 20.0
Outstanding amounts	$ 0.0

Long-term Debt (Details) $ in Thousands	12 Months Ended
Long-term Debt (Details) $ in Thousands	Dec. 31, 2012 USD ($)
Long-term debt
Long-term debt	$ 7,000
Notes payable, Federal Home Loan Bank of Chicago
Long-term debt
Long-term debt	$ 7,000
Interest rate, minimum (as a percent)	4.68%
Interest rate, maximum (as a percent)	5.39%
Weighted average rate (as a percent)	5.29%

Junior Subordinated Debt Owed to Unconsolidated Trusts (Details)	12 Months Ended
	Dec. 31, 2013 USD ($)
Junior subordinated debt owed to unconsolidated trusts
Maximum assets of bank holding companies for inclusion of proceeds of trust preferred securities from Tier 1 capital unless such securities were issued prior to May 19, 2010	$ 15,000,000,000
Trust Preferred Securities
Junior subordinated debt owed to unconsolidated trusts
Percentage limit on inclusion of qualifying trust preferred securities in Tier I Capital	25.00%
Transition period for inclusion of qualifying trust preferred securities in Tier I Capital	5 years
Trust preferred securities qualified as Tier I capital (as a percent)	100.00%
Maximum assets of bank holding companies for inclusion of proceeds of trust preferred securities from Tier 1 capital unless such securities were issued prior to May 19, 2010	$ 15,000,000,000
First Busey Statutory Trust II \| Trust Preferred Securities
Junior subordinated debt owed to unconsolidated trusts
Face value	$ 15,000,000
Base rate	3-mo LIBOR
Annual distribution rate margin (as a percent)	2.65%
First Busey Statutory Trust III \| Trust Preferred Securities
Junior subordinated debt owed to unconsolidated trusts
Face value	$ 10,000,000
Base rate	3-mo LIBOR
Annual distribution rate margin (as a percent)	1.75%
First Busey Statutory Trust IV \| Trust Preferred Securities
Junior subordinated debt owed to unconsolidated trusts
Face value	$ 30,000,000
Base rate	3-mo LIBOR
Annual distribution rate margin (as a percent)	1.55%
Term of trust preferred securities	5 years
Fixed coupon rate (as a percent)	6.94%
Junior Subordinated Notes \| Trust Preferred Securities
Junior subordinated debt owed to unconsolidated trusts
Maximum period to defer payment of interest on the notes and, therefore, distributions on the trust preferred securities	5 years
Junior Subordinated Notes \| First Busey Statutory Trust II
Junior subordinated debt owed to unconsolidated trusts
Principal balance	$ 15,000,000
Base rate	3-mo LIBOR
Interest rate margin (as a percent)	2.65%
Junior Subordinated Notes \| First Busey Statutory Trust III
Junior subordinated debt owed to unconsolidated trusts
Principal balance	$ 10,000,000
Base rate	3-mo LIBOR
Interest rate margin (as a percent)	1.75%
Junior Subordinated Notes \| First Busey Statutory Trust IV
Junior subordinated debt owed to unconsolidated trusts
Principal balance	$ 30,000,000
Base rate	3-mo LIBOR
Interest rate margin (as a percent)	1.55%
Term of debt	5 years
Fixed coupon rate (as a percent)	6.94%

Capital (Details) - USD ($) $ / shares in Units, $ in Thousands			1 Months Ended	12 Months Ended
	Aug. 25, 2011	Dec. 28, 2010	Sep. 30, 2011	Dec. 31, 2013	Dec. 31, 2011	Dec. 31, 2012	Mar. 01, 2011
Capital
Preferred stock, liquidation value (in dollars per share)				$ 1,000.00		$ 1,000.00
Aggregate proceeds from issuance of shares					$ 72,664
Shares redeemed					100,000
Redemption price					$ 100,000
Number of shares of common stock that can be purchased by exercise of warrants	1,147,666
Percentage reduction in the number of shares of common stock that can be purchased by exercise of warrants	50.00%
Number of shares of common stock that can be purchased by exercise of warrants, after reduction	573,833
Warrants outstanding (in shares)				573,833
Additional common shares outstanding							7,497,000
Preferred stock, shares outstanding				72,664		72,664
Series C Preferred stock
Capital
Shares issued	72,664
Preferred stock, liquidation value (in dollars per share)	$ 1,000
Aggregate proceeds from issuance of shares	$ 72,700
Series C Preferred stock \| Initial dividend period
Capital
Dividend rate (as a percent)			5.00%
Series C Preferred stock \| Period from the 2nd through the 10th calendar quarters
Capital
Dividend rate (as a percent)				5.00%
Series C Preferred stock \| Period from the 11th calendar quarter through 4.5 years after issuance \| Minimum
Capital
Dividend rate (as a percent)				1.00%
Series C Preferred stock \| Period from the 11th calendar quarter through 4.5 years after issuance \| Maximum
Capital
Dividend rate (as a percent)				7.00%
Series C Preferred stock \| Period after 4.5 years from issuance
Capital
Dividend rate (as a percent)				9.00%
Series T Preferred stock
Capital
Shares redeemed	100,000
Redemption price	$ 100,100
Series B Preferred stock
Capital
Shares issued		318.6225
Preferred stock, liquidation value (in dollars per share)		$ 100,000
Dividend rate (as a percent)		9.00%
Stock price (in dollars per share)		$ 100,000
Value of shares issued		$ 31,900
Conversion price (in dollars per share)							$ 4.25
Preferred stock, shares outstanding							0

Capital (Details 2) - USD ($) $ in Thousands		1 Months Ended
Capital (Details 2) - USD ($) $ in Thousands	Jan. 22, 2013	Jul. 30, 2013	Dec. 31, 2013	Dec. 31, 2012
Total Capital (to Risk Weighted Assets), Amount
Actual			$ 449,407	$ 419,343
Minimum Capital Requirement			197,422	180,026
Minimum To Be Well Capitalized			$ 246,777	$ 225,033
Total Capital (to Risk Weighted Assets), Ratio
Actual (as a percent)			18.21%	18.63%
Minimum Capital Requirement (as a percent)			8.00%	8.00%
Minimum To Be Well Capitalized (as a percent)			10.00%	10.00%
Tier I Capital (to Risk Weighted Assets), Amount
Actual			$ 417,564	$ 390,304
Minimum Capital Requirement			98,711	90,013
Minimum To Be Well Capitalized			$ 148,067	$ 135,020
Tier I Capital (to Risk Weighted Assets), Ratio
Actual (as a percent)			16.92%	17.34%
Minimum Capital Requirement (as a percent)			4.00%	4.00%
Minimum To Be Well Capitalized (as a percent)			6.00%	6.00%
Tier I Capital (to Average Assets), Amount
Actual			$ 417,564	$ 390,304
Minimum Capital Requirement			$ 138,896	$ 138,151
Tier I Capital (to Average Assets), Ratio
Actual (as a percent)			12.02%	11.30%
Minimum Capital Requirement (as a percent)			4.00%	4.00%
Maximum assets of bank holding companies for inclusion of proceeds of trust preferred securities from Tier 1 capital unless such securities were issued prior to May 19, 2010			$ 15,000,000
Dodd-Frank Act ("Basel III Rules")
Total Capital (to Risk Weighted Assets), Ratio
Minimum To Be Well Capitalized (as a percent)		10.00%
Tier I Capital (to Risk Weighted Assets), Ratio
Minimum To Be Well Capitalized (as a percent)		8.00%
Tier I Capital (to Average Assets), Ratio
Common equity Tier 1 Risk Based Capital to be well capitalized percentage		6.50%
Tier 1 Leverage Capital to be well capitalized percentage		5.00%
Maximum consolidated assets of bank holding companies		$ 500,000
Maximum consolidated assets of bank holding companies to retain the existing treatment for accumulated other comprehensive income which currently does not affect regulatory capital			15,000,000
Busey Bank
Regulatory Capital
Distribution received through chartered amendment	$ 50,000
Total Capital (to Risk Weighted Assets), Amount
Actual			396,248	$ 406,597
Minimum Capital Requirement			196,002	179,278
Minimum To Be Well Capitalized			$ 245,002	$ 224,097
Total Capital (to Risk Weighted Assets), Ratio
Actual (as a percent)			16.17%	18.14%
Minimum Capital Requirement (as a percent)			8.00%	8.00%
Minimum To Be Well Capitalized (as a percent)			10.00%	10.00%
Tier I Capital (to Risk Weighted Assets), Amount
Actual			$ 364,625	$ 377,673
Minimum Capital Requirement			98,001	89,639
Minimum To Be Well Capitalized			$ 147,001	$ 134,458
Tier I Capital (to Risk Weighted Assets), Ratio
Actual (as a percent)			14.88%	16.85%
Minimum Capital Requirement (as a percent)			4.00%	4.00%
Minimum To Be Well Capitalized (as a percent)			6.00%	6.00%
Tier I Capital (to Average Assets), Amount
Actual			$ 364,625	$ 377,673
Minimum Capital Requirement			136,818	137,488
Minimum To Be Well Capitalized			$ 171,023	$ 171,859
Tier I Capital (to Average Assets), Ratio
Actual (as a percent)			10.66%	10.99%
Minimum Capital Requirement (as a percent)			4.00%	4.00%
Minimum To Be Well Capitalized (as a percent)			5.00%	5.00%

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Components of income taxes
Current									$ 4,020	$ 1,926	$ 2,194
Deferred									10,091	8,571	12,776
Total income tax expense	$ 3,528	$ 3,572	$ 3,787	$ 3,224	$ 2,556	$ 2,331	$ 1,877	$ 3,733	$ 14,111	$ 10,497	$ 14,970
Reconciliation of federal and state income taxes at statutory rates to the income taxes included in the statements of operations
Income tax at statutory rate (as a percent)									35.00%	35.00%	35.00%
Tax-exempt interest, net (as a percent)									(3.50%)	(4.50%)	(2.60%)
State income taxes, net (as a percent)									4.50%	3.50%	2.10%
Income on bank owned life insurance (as a percent)									(0.90%)	(1.80%)	(1.00%)
Other, net (as a percent)									(2.20%)	(0.30%)	(0.10%)
Total (as a percent)									32.90%	31.90%	33.40%
Deferred tax assets:
Allowance for loan losses	19,416				19,597				$ 19,416	$ 19,597
Stock-based compensation	1,319				1,183				1,319	1,183
Loan adjustments	108				396				108	396
Deferred compensation	2,015				1,993				2,015	1,993
Accrued vacation	545				576				545	576
Employee costs	1,264				616				1,264	616
Other	1,780				1,423				1,780	1,423
Total	26,447				25,784				26,447	25,784
Investment securities:
Unrealized gains on securities available for sale	(3,119)				(9,479)				(3,119)	(9,479)
Other	(2,450)				(2,273)				(2,450)	(2,273)
Basis in premises and equipment	(2,590)				(2,215)				(2,590)	(2,215)
Mortgage servicing assets	(2,097)				(2,159)				(2,097)	(2,159)
Basis in core deposit and customer intangible assets	(3,908)				(5,185)				(3,908)	(5,185)
Deferred loan origination costs	(20)				(303)				(20)	(303)
Deferred tax liabilities	(14,184)				(21,614)				(14,184)	(21,614)
Net operating loss carryforward, net of valuation allowance	23,379				35,203				23,379	35,203
Net deferred tax assets	35,642				39,373				35,642	39,373
Operating loss carryforwards
Valuation allowance required for other deferred tax assets	0								0
Federal and Illinois
Operating loss carryforwards
Net operating loss carryforwards	23,400				$ 35,200				23,400	$ 35,200
Indiana and Florida
Operating loss carryforwards
Net operating loss carryforwards	1,500								1,500
Valuation allowance	$ 1,500								$ 1,500

Employee Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Employees' Stock Ownership Plan
ESOP trust outstanding bank borrowings or debt	$ 0	$ 0
Compensation expense		$ 100	$ 100
Shares released to participant accounts in each year		20,000	20,000
Number of allocated shares acquired prior to December 31, 1992	543,471	594,504
Associated fair values of allocated shares acquired prior to December 31, 1992	$ 3,200	$ 2,800
Shares
Allocated shares	192,171	212,146
Fair Value
Allocated shares, Fair Value	$ 1,115	$ 986
Profit Sharing Plan
Vesting period	5 years
Expenses related to employee benefit plans
Employee benefits	$ 2,975	3,024	$ 2,985
Interest on employee stock ownership plan debt		5	11
Total employer contributions	2,975	3,029	2,996
Deferred compensation plans for deferral of performance bonuses
Deferred compensation expense	200	200	200
Deferred compensation liability	$ 4,800	$ 4,500	$ 4,300

Stock Incentive Plans (Details) - USD ($)		12 Months Ended
Stock Incentive Plans (Details) - USD ($)	May 19, 2010	Dec. 31, 2013
Stock Incentive Plans
Maximum number of shares that may be delivered to participants		4,000,000
Period from effective date after which no awards may be granted	10 years
Options and SARs \| Maximum
Stock Incentive Plans
Shares available for grant during any calendar year		400,000
Stock awards \| Maximum
Stock Incentive Plans
Shares available for grant during any calendar year		200,000
Cash incentive awards and cash-settled stock awards \| Maximum
Stock Incentive Plans
Amount of award payable with respect to any calendar year		$ 1,000,000

Stock Incentive Plans (Details 2) - Stock option awards - $ / shares	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Shares
Outstanding at beginning of year (in shares)	857,468	1,017,922	1,351,593
Forfeited (in shares)	(161,089)	(160,454)	(333,671)
Outstanding at end of period (in shares)	696,379	857,468	1,017,922
Exercisable at end of period (in shares)	696,379	857,468	1,017,922
Weighted-Average Exercise Price
Outstanding at beginning of year (in dollars per share)	$ 17.01	$ 16.23	$ 16.09
Forfeited (in dollars per share)	16.10	12.07	15.67
Outstanding at end of period (in dollars per share)	17.22	17.01	16.23
Exercisable at end of period (in dollars per share)	$ 17.22	$ 17.01	$ 16.23

Stock Incentive Plans (Details 3) - Stock option awards	12 Months Ended
Stock Incentive Plans (Details 3) - Stock option awards	Dec. 31, 2013 USD ($) $ / shares shares
Options Outstanding
Number (in shares) \| shares	696,379
Weighted-Average Exercise Price (in dollars per share)	$ 17.22
Weighted-Average Remaining Contractual Life	2 years 29 days
Intrinsic Value (in dollars) \| $	$ 69
Options Exercisable
Number (in shares) \| shares	696,379
Intrinsic Value (in dollars) \| $	$ 69
Unrecognized stock option expense \| $	$ 0
$ 4.49-7.53
Range of Exercise Prices
Low end of the range (in dollars per share)	$ 4.49
High end of the range (in dollars per share)	$ 7.53
Options Outstanding
Number (in shares) \| shares	105,000
Weighted-Average Exercise Price (in dollars per share)	$ 6.01
Weighted-Average Remaining Contractual Life	6 years
Options Exercisable
Number (in shares) \| shares	105,000
$ 17.12-19.74
Range of Exercise Prices
Low end of the range (in dollars per share)	$ 17.12
High end of the range (in dollars per share)	$ 19.74
Options Outstanding
Number (in shares) \| shares	591,379
Weighted-Average Exercise Price (in dollars per share)	$ 19.21
Weighted-Average Remaining Contractual Life	1 year 4 months 17 days
Options Exercisable
Number (in shares) \| shares	591,379

Stock Incentive Plans (Details 4) - USD ($)			12 Months Ended
Stock Incentive Plans (Details 4) - USD ($)	Aug. 01, 2013	Mar. 26, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Weighted-Average Grant Date Fair Value
Issuance of treasury shares in conjunction with units vested			111,012	6,804	3,879
Additional disclosures
Amount of compensation cost to be recognized			$ 2,900,000
Period over which cost will be recognized			3 years 1 month 6 days
Compensation expense recognized			$ 1,100,000	$ 1,000,000	$ 400,000
Restricted stock units
Stock Incentive Plans
Number of shares of common stock per award			1
Shares
Non-vested at beginning of year (in shares)			736,412	455,352	194,914
Granted (in shares)			351,452	266,258	250,728
Dividend Equivalents Earned (in shares)			17,211	32,704	9,710
Vested (in shares)			(156,795)	(9,925)
Forfeited (in shares)			(28,352)	(7,977)
Non-vested at end of period (in shares)			919,928	736,412	455,352
Weighted-Average Grant Date Fair Value
Non-vested at beginning of year (in dollars per share)			$ 4.92	$ 4.98	$ 4.75
Granted (in dollars per share)			5.02	4.83	5.16
Dividend Equivalents Earned (in dollars per share)			4.86	4.79	5.20
Vested (in dollars per share)			4.84	4.19
Forfeited (in dollars per share)			5.14	5.15
Non-vested at end of period (in dollars per share)			$ 4.97	$ 4.92	$ 4.98
Issuance of treasury shares in conjunction with units vested			111,012	6,804
Additional disclosures
Compensation expense recognized			$ 0
Restricted stock units \| Minimum
Stock Incentive Plans
Requisite service period			1 year
Restricted stock units \| Maximum
Stock Incentive Plans
Requisite service period			5 years
Restricted stock units \| Members of management
Shares
Granted (in shares)	338,294	13,158
Additional disclosures
Stock price (in dollars per share)	$ 5.04	$ 4.56
Amount of compensation cost to be recognized	$ 1,705,002	$ 60,000
Vesting rights of shares granted (as a percent)	100.00%	100.00%
Restricted stock units \| Members of management \| Requisite service period of one year
Stock Incentive Plans
Requisite service period		1 year
Shares
Non-vested at end of period (in shares)		4,386
Restricted stock units \| Members of management \| Requisite service period of two years
Stock Incentive Plans
Requisite service period	2 years	2 years
Shares
Non-vested at end of period (in shares)	14,881	4,386
Restricted stock units \| Members of management \| Requisite service period of three years
Stock Incentive Plans
Requisite service period		3 years
Shares
Non-vested at end of period (in shares)		4,386
Restricted stock units \| Members of management \| Requisite service period of five years
Stock Incentive Plans
Requisite service period	5 years
Shares
Non-vested at end of period (in shares)	323,413
Restricted stock units \| Members of management \| Minimum
Additional disclosures
Period over which cost will be recognized	2 years	1 year
Restricted stock units \| Members of management \| Maximum
Additional disclosures
Period over which cost will be recognized	5 years	3 years
DSUs
Stock Incentive Plans
Requisite service period			1 year
DSUs \| Directors
Stock Incentive Plans
Number of shares of common stock per award			1
Requisite service period	1 year
Shares
Non-vested at beginning of year (in shares)			32,991	22,771
Granted (in shares)	28,800		28,800	31,897	22,426
Dividend Equivalents Earned (in shares)			1,636	2,252	345
Vested (in shares)			(34,373)	(23,929)
Non-vested at end of period (in shares)			29,054	32,991	22,771
Outstanding at end of period (in shares)			87,356	56,920	22,771
Weighted-Average Grant Date Fair Value
Non-vested at beginning of year (in dollars per share)			$ 4.77	$ 5.23
Granted (in dollars per share)			5.04	4.77	$ 5.23
Dividend Equivalents Earned (in dollars per share)			5.03	4.76	5.22
Vested (in dollars per share)			4.77	5.21
Non-vested at end of period (in dollars per share)			5.05	4.77	5.23
Outstanding at end of period (in dollars per share)			$ 5.06	$ 4.96	$ 5.23
Additional disclosures
Stock price (in dollars per share)	$ 5.04
Amount of compensation cost to be recognized	$ 145,152
Vesting rights of shares granted (as a percent)	100.00%
Settlement period			30 days

Transactions with Directors and Executive Officers (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($)
Analysis of the changes in loans to related parties
Balance at beginning of year	$ 29,714
New loans/ advances	24,100
Repayments	(23,709)
Balance at end of year	30,105
Directors and executive officers
Analysis of the changes in loans to related parties
Total unused commitments	$ 7,500

Commitments, Contingencies and Credit Risk (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($) item	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)
Credit Commitments and Contingencies
Liabilities for potential obligations under guarantees	$ 0	$ 0
Number of futures, forwards, swaps or option contracts, or other financial instruments \| item	0
Lease Commitments
Rent expense under operating leases	$ 1,600	2,500	$ 3,000
Projected minimum rental payments under the terms of leases
2014	1,274
2015	711
2016	112
2017	4
Total	$ 2,101
Maximum
Credit Commitments and Contingencies
Term for guarantee	1 year
Commitments to extend credit
Credit Commitments and Contingencies
Financial instruments whose contract amounts represent credit risk:	$ 527,614	483,373
Standby letters of credit
Credit Commitments and Contingencies
Financial instruments whose contract amounts represent credit risk:	$ 10,155	$ 12,305

Fair Value Measurements (Details) - USD ($) $ in Thousands	12 Months Ended
Fair Value Measurements (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Fair Value Measurements
Transfers between levels of fair value hierarchy	$ 0
Financial assets and financial liabilities measured at fair value
Available for sale	841,310	$ 1,001,497
Impaired loans	34,060	55,593
OREO	2,133	3,450
U.S. Treasury securities
Financial assets and financial liabilities measured at fair value
Available for sale	102,640	104,656
Obligations of U.S. government corporations and agencies
Financial assets and financial liabilities measured at fair value
Available for sale	257,411	370,194
Obligations of states and political subdivisions
Financial assets and financial liabilities measured at fair value
Available for sale	272,152	280,288
Residential mortgage-backed securities
Financial assets and financial liabilities measured at fair value
Available for sale	177,735	217,715
Corporate debt securities
Financial assets and financial liabilities measured at fair value
Available for sale	25,506	24,714
Mutual funds and other equity securities
Financial assets and financial liabilities measured at fair value
Available for sale	5,866	3,930
Recurring basis \| Level 1 Inputs
Financial assets and financial liabilities measured at fair value
Available for sale	5,866	28,644
Recurring basis \| Level 1 Inputs \| Corporate debt securities
Financial assets and financial liabilities measured at fair value
Available for sale		24,714
Recurring basis \| Level 1 Inputs \| Mutual funds and other equity securities
Financial assets and financial liabilities measured at fair value
Available for sale	5,866	3,930
Recurring basis \| Level 2 Inputs
Financial assets and financial liabilities measured at fair value
Available for sale	835,444	972,853
Recurring basis \| Level 2 Inputs \| U.S. Treasury securities
Financial assets and financial liabilities measured at fair value
Available for sale	102,640	104,656
Recurring basis \| Level 2 Inputs \| Obligations of U.S. government corporations and agencies
Financial assets and financial liabilities measured at fair value
Available for sale	257,411	370,194
Recurring basis \| Level 2 Inputs \| Obligations of states and political subdivisions
Financial assets and financial liabilities measured at fair value
Available for sale	272,152	280,288
Recurring basis \| Level 2 Inputs \| Residential mortgage-backed securities
Financial assets and financial liabilities measured at fair value
Available for sale	177,735	217,715
Recurring basis \| Level 2 Inputs \| Corporate debt securities
Financial assets and financial liabilities measured at fair value
Available for sale	25,506
Recurring basis \| Total Fair Value
Financial assets and financial liabilities measured at fair value
Available for sale	841,310	1,001,497
Recurring basis \| Total Fair Value \| U.S. Treasury securities
Financial assets and financial liabilities measured at fair value
Available for sale	102,640	104,656
Recurring basis \| Total Fair Value \| Obligations of U.S. government corporations and agencies
Financial assets and financial liabilities measured at fair value
Available for sale	257,411	370,194
Recurring basis \| Total Fair Value \| Obligations of states and political subdivisions
Financial assets and financial liabilities measured at fair value
Available for sale	272,152	280,288
Recurring basis \| Total Fair Value \| Residential mortgage-backed securities
Financial assets and financial liabilities measured at fair value
Available for sale	177,735	217,715
Recurring basis \| Total Fair Value \| Corporate debt securities
Financial assets and financial liabilities measured at fair value
Available for sale	25,506	24,714
Recurring basis \| Total Fair Value \| Mutual funds and other equity securities
Financial assets and financial liabilities measured at fair value
Available for sale	5,866	3,930
Non-recurring basis \| Level 3 Inputs
Financial assets and financial liabilities measured at fair value
Impaired loans	5,491	2,284
OREO	1,134	511
Non-recurring basis \| Total Fair Value
Financial assets and financial liabilities measured at fair value
Impaired loans	5,491	2,284
OREO	$ 1,134	$ 511

Fair Value Measurements (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Quantitative Information about Level 3 Fair Value Measurements
Impaired loans	$ 34,060	$ 55,593
OREO	2,133	3,450
Non-recurring basis \| Level 3
Quantitative Information about Level 3 Fair Value Measurements
Impaired loans	5,491	2,284
OREO	1,134	511
Non-recurring basis \| Level 3 \| Appraisal of collateral \| Impaired loans
Quantitative Information about Level 3 Fair Value Measurements
Impaired loans	$ 5,491	$ 2,284
Non-recurring basis \| Level 3 \| Appraisal of collateral \| Impaired loans \| Minimum
Quantitative Information about Level 3 Fair Value Measurements
Appraisal adjustments (as a percent)	(0.40%)	(12.00%)
Non-recurring basis \| Level 3 \| Appraisal of collateral \| Impaired loans \| Maximum
Quantitative Information about Level 3 Fair Value Measurements
Appraisal adjustments (as a percent)	(100.00%)	(100.00%)
Non-recurring basis \| Level 3 \| Appraisal of collateral \| Impaired loans \| Weighted Average
Quantitative Information about Level 3 Fair Value Measurements
Appraisal adjustments (as a percent)	(36.00%)	(34.20%)
Non-recurring basis \| Level 3 \| Appraisal of collateral \| OREO
Quantitative Information about Level 3 Fair Value Measurements
OREO	$ 1,134	$ 511
Non-recurring basis \| Level 3 \| Appraisal of collateral \| OREO \| Minimum
Quantitative Information about Level 3 Fair Value Measurements
Appraisal adjustments (as a percent)	(6.60%)	(51.70%)
Non-recurring basis \| Level 3 \| Appraisal of collateral \| OREO \| Maximum
Quantitative Information about Level 3 Fair Value Measurements
Appraisal adjustments (as a percent)	(100.00%)	(61.30%)
Non-recurring basis \| Level 3 \| Appraisal of collateral \| OREO \| Weighted Average
Quantitative Information about Level 3 Fair Value Measurements
Appraisal adjustments (as a percent)	(47.90%)	(53.40%)

Fair Value Measurements (Details 3) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Financial assets:
Cash and due from banks	$ 231,603	$ 351,255
Loans, net	2,233,893	1,985,095
Financial liabilities:
Junior subordinated debt owed to unconsolidated trusts	55,000	55,000
Carrying Amount \| Level 2 Inputs
Financial assets:
Cash and due from banks	231,603	351,255
Loans held for sale	13,840	40,003
Accrued interest receivable	11,148	12,275
Financial liabilities:
Deposits	2,869,138	2,980,292
Securities sold under agreements to repurchase	172,348	139,024
Long-term debt		7,000
Junior subordinated debt owed to unconsolidated trusts	55,000	55,000
Accrued interest payable	673	1,128
Carrying Amount \| Level 3 Inputs
Financial assets:
Loans, net	2,233,893	1,985,095
Fair Value \| Level 2 Inputs
Financial assets:
Cash and due from banks	231,603	351,255
Loans held for sale	14,103	40,971
Accrued interest receivable	11,148	12,275
Financial liabilities:
Deposits	2,870,870	2,987,524
Securities sold under agreements to repurchase	172,348	139,024
Long-term debt		7,120
Junior subordinated debt owed to unconsolidated trusts	55,000	55,000
Accrued interest payable	673	1,128
Fair Value \| Level 3 Inputs
Financial assets:
Loans, net	$ 2,236,841	$ 2,006,588

Reportable Segments and Related Information (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013 USD ($)	Sep. 30, 2013 USD ($)	Jun. 30, 2013 USD ($)	Mar. 31, 2013 USD ($)	Dec. 31, 2012 USD ($)	Sep. 30, 2012 USD ($)	Jun. 30, 2012 USD ($)	Mar. 31, 2012 USD ($)	Dec. 31, 2013 USD ($) item	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)
Reportable Segments and Related Information
Number of reportable segments \| item									3
Reportable Segments and Related Information
Goodwill	$ 20,686				$ 20,686				$ 20,686	$ 20,686
Total Assets	3,539,575				3,618,056				3,539,575	3,618,056
Interest Income:	26,885	$ 27,236	$ 27,460	$ 27,115	28,584	$ 29,011	$ 29,225	$ 30,096	108,696	116,916	$ 132,819
Interest Expense:	1,881	2,003	2,215	2,532	2,955	3,466	3,951	4,398	8,631	14,770	22,426
Other Income:	14,529	15,630	15,783	16,641	17,613	15,589	15,770	17,880	62,583	66,852	59,015
Net Income:	6,920	$ 7,933	$ 7,440	$ 6,433	4,917	$ 4,909	$ 4,888	$ 7,643	28,726	22,357	29,873
FirsTech
Reportable Segments and Related Information
Goodwill	8,992				8,992				8,992	8,992
Busey Wealth Management
Reportable Segments and Related Information
Goodwill	11,694				11,694				11,694	11,694
Operating segments \| Busey Bank
Reportable Segments and Related Information
Total Assets	3,456,555				3,567,637				3,456,555	3,567,637
Interest Income:									108,413	116,608	132,501
Interest Expense:									7,448	13,466	20,514
Other Income:									36,774	39,908	35,940
Net Income:									25,416	19,162	28,504
Operating segments \| FirsTech
Reportable Segments and Related Information
Goodwill	8,992				8,992				8,992	8,992
Total Assets	27,253				26,401				27,253	26,401
Interest Income:									51	62	66
Other Income:									8,541	8,522	9,287
Net Income:									1,000	935	1,437
Operating segments \| Busey Wealth Management
Reportable Segments and Related Information
Goodwill	11,694				11,694				11,694	11,694
Total Assets	28,548				26,653				28,548	26,653
Interest Income:									242	251	255
Other Income:									17,799	16,345	14,841
Net Income:									4,242	3,363	3,095
Operating segments \| All Other
Reportable Segments and Related Information
Total Assets	$ 27,219				$ (2,635)				27,219	(2,635)
Interest Income:									(10)	(5)	(3)
Interest Expense:									1,183	1,304	1,912
Other Income:									(531)	2,077	(1,053)
Net Income:									$ (1,932)	$ (1,103)	$ (3,163)

Parent Company Only Financial Information (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
ASSETS
Cash and due from subsidiary banks	$ 231,603	$ 351,255
Securities available for sale	841,310	1,001,497
Loans	2,233,893	1,985,095
Investments in subsidiaries:
Premises and equipment, net	65,827	71,067
Other assets	43,562	53,442
Total assets	3,539,575	3,618,056
Liabilities:
Junior subordinated debentures owed to unconsolidated Trusts	55,000	55,000
Other liabilities	27,725	27,943
Total liabilities	3,124,211	3,209,259
Total stockholders' equity	415,364	408,797	$ 409,267	$ 420,505
Total liabilities and stockholders' equity	3,539,575	3,618,056
Parent
ASSETS
Cash and due from subsidiary banks	42,645	5,152
Securities available for sale	201	201
Loans		68
Investments in subsidiaries:
Bank	400,442	432,912
Non-bank	25,646	23,605
Premises and equipment, net	521	757
Other assets	9,450	9,369
Total assets	478,905	472,064
Liabilities:
Junior subordinated debentures owed to unconsolidated Trusts	55,000	55,000
Other liabilities	8,541	8,267
Total liabilities	63,541	63,267
Total stockholders' equity	415,364	408,797
Total liabilities and stockholders' equity	$ 478,905	$ 472,064

Parent Company Only Financial Information (Details 2) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Dividends from subsidiaries:
Other income	$ 14,529	$ 15,630	$ 15,783	$ 16,641	$ 17,613	$ 15,589	$ 15,770	$ 17,880	$ 62,583	$ 66,852	$ 59,015
Expense:
Interest expense	1,881	2,003	2,215	2,532	2,955	3,466	3,951	4,398	8,631	14,770	22,426
Income tax benefit	(3,528)	(3,572)	(3,787)	(3,224)	(2,556)	(2,331)	(1,877)	(3,733)	(14,111)	(10,497)	(14,970)
Distributions less than (in excess of) net income (loss) of subsidiaries:
Net income	$ 6,920	$ 7,933	$ 7,440	$ 6,433	$ 4,917	$ 4,909	$ 4,888	$ 7,643	28,726	22,357	29,873
Parent
Dividends from subsidiaries:
Non-bank									2,000	2,500	3,750
Interest and dividend income									46	49	63
Other income									4,669	6,231	2,424
Total operating income									6,715	8,780	6,237
Expense:
Salaries and employee benefits									5,139	4,718	3,620
Interest expense									1,220	1,351	1,963
Operating expense									2,163	2,469	2,623
Total expense									8,522	8,538	8,206
(Loss) income before income tax benefit and distributions (in excess of) less than net income of subsidiaries									(1,807)	242	(1,969)
Income tax benefit									1,875	1,155	2,556
Income before distributions less than net income of subsidiaries									68	1,397	587
Distributions less than (in excess of) net income (loss) of subsidiaries:
Bank									26,416	20,097	29,941
Non-bank									2,242	863	(655)
Net income									$ 28,726	$ 22,357	$ 29,873

Parent Company Only Financial Information (Details 3) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash Flows from Operating Activities
Net income	$ 6,920	$ 7,933	$ 7,440	$ 6,433	$ 4,917	$ 4,909	$ 4,888	$ 7,643	$ 28,726	$ 22,357	$ 29,873
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization									8,598	8,759	9,063
Stock-based compensation									1,079	991	488
Fair value adjustment on employee stock ownership plan shares allocated										(322)	(318)
Changes in assets and liabilities:
(Increase) decrease in other assets									9,880	8,368	7,745
Increase (decrease) in other liabilities									(63)	992	(4,033)
Net cash provided by operating activities									98,153	49,069	115,878
Cash Flows from Investing Activities
Decrease in loans									(258,366)	(33,680)	233,901
Proceeds from sales of premises and equipment									2,856	77	1,043
Purchases of premises and equipment									(2,549)	(8,611)	(2,748)
Net cash (used in) provided by investing activities									(118,698)	(204,435)	13,241
Cash Flows from Financing Activities
Repurchase of Series T Preferred Stock											(100,000)
Proceeds from issuance of Series C Preferred stock											72,664
Shares surrendered upon vesting of restricted stock units to cover tax obligations									(237)
Cash dividends paid									(14,040)	(24,427)	(18,343)
Net cash (used in) provided by financing activities									(99,107)	191,568	(233,031)
Cash and due from banks, beginning				351,255				315,053	351,255	315,053	418,965
Cash and due from banks, ending	231,603				351,255				231,603	351,255	315,053
Parent
Cash Flows from Operating Activities
Net income									28,726	22,357	29,873
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization									100	98	120
Distributions less than net income of subsidiaries									(28,658)	(20,960)	(29,286)
Stock-based compensation									1,079	991	488
Fair value adjustment on employee stock ownership plan shares allocated										(322)	(318)
Changes in assets and liabilities:
(Increase) decrease in other assets									(62)	125	1,479
Increase (decrease) in other liabilities									381	1,435	(22,630)
Net cash provided by operating activities									1,566	3,724	(20,274)
Cash Flows from Investing Activities
Securities purchased under agreements to resell, net											10,909
Decrease in loans									68	95	85
Proceeds from sales of premises and equipment									226
Purchases of premises and equipment									(90)	(11)	(5)
Net cash (used in) provided by investing activities									204	84	10,989
Cash Flows from Financing Activities
Proceeds from charter amendment with subsidiary bank									50,000
Repurchase of Series T Preferred Stock											(100,000)
Proceeds from issuance of Series C Preferred stock											72,664
Shares surrendered upon vesting of restricted stock units to cover tax obligations									(237)
Cash dividends paid									(14,040)	(24,427)	(18,343)
Net cash (used in) provided by financing activities									35,723	(24,427)	(45,679)
Net increase (decrease) in cash and due from subsidiary banks									37,493	(20,619)	(54,964)
Cash and due from banks, beginning				$ 5,152				$ 25,771	5,152	25,771	80,735
Cash and due from banks, ending	$ 42,645				$ 5,152				$ 42,645	$ 5,152	$ 25,771

Unaudited Interim Financial Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Unaudited Interim Financial Data
Interest income	$ 26,885	$ 27,236	$ 27,460	$ 27,115	$ 28,584	$ 29,011	$ 29,225	$ 30,096	$ 108,696	$ 116,916	$ 132,819
Interest expense	1,881	2,003	2,215	2,532	2,955	3,466	3,951	4,398	8,631	14,770	22,426
Net interest income	25,004	25,233	25,245	24,583	25,629	25,545	25,274	25,698	100,065	102,146	110,393
Provision for loan losses	1,500	2,000	2,000	2,000	3,500	3,500	4,500	5,000	7,500	16,500	20,000
Non-interest income	14,529	15,630	15,783	16,641	17,613	15,589	15,770	17,880	62,583	66,852	59,015
Non-interest expense	27,585	27,358	27,801	29,567	32,269	30,394	29,779	27,202	112,311	119,644	104,565
Income before income taxes	10,448	11,505	11,227	9,657	7,473	7,240	6,765	11,376	42,837	32,854	44,843
Income taxes	3,528	3,572	3,787	3,224	2,556	2,331	1,877	3,733	14,111	10,497	14,970
Net income	6,920	7,933	7,440	6,433	4,917	4,909	4,888	7,643	28,726	22,357	29,873
Preferred stock dividends	908	909	908	908	908	909	908	908	3,633	3,633	5,342
Net income available for common stockholders	$ 6,012	$ 7,024	$ 6,532	$ 5,525	$ 4,009	$ 4,000	$ 3,980	$ 6,735	$ 25,093	$ 18,724	$ 24,531
Basic earnings per share (in dollars per share)	$ 0.07	$ 0.08	$ 0.08	$ 0.06	$ 0.05	$ 0.05	$ 0.05	$ 0.08	$ 0.29	$ 0.22	$ 0.29
Diluted earnings per share (in dollars per share)	$ 0.07	$ 0.08	$ 0.08	$ 0.06	$ 0.05	$ 0.05	$ 0.05	$ 0.08	$ 0.29	$ 0.22	$ 0.29