UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K/A [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2003 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-15950 FIRST BUSEY CORPORATION (Exact name of registrant as specified in its Charter) Nevada 37-1078406 (State or other jurisdiction of (I.R.S. Employer incorporation of organization) Identification No.) 201 West Main Street Urbana, Illinois 61801 (Address of principal executive offices) (Zip Code) (217) 365-4513 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Common Stock, without par value Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes X No -- -- Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 Regulation S-K is not contained herein, and will not be contained to the best of Registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [ ] Indicate by check mark whether registrant is an accelerated filer (as defined in Rule 12b-2 of the Act.). Yes X No -- -- The aggregate market value of the voting and nonvoting Common Stock held by non-affiliates was $211,677,035 based on the closing price for the stock as reported on the Nasdaq National Market as of June 30, 2003, or as of the last business day of the registrants most recently completed second fiscal quarter. Indicate the number of shares outstanding of each of the Registrant's classes of common stock, as of the latest practicable date. Class Outstanding at February 27, 2004 ----- -------------------------------- Common Stock, without par value 13,696,902 DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive Proxy Statement dated March 12, 2004, for First Busey Corporation's Annual Meeting of Stockholders to be held April 13, 2004, (the "2004 Proxy Statement") are incorporated by reference into Part III.

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this amendment report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Urbana, Illinois on March 23, 2004. FIRST BUSEY CORPORATION BY /s/ DOUGLAS C. MILLS --------------------------- Douglas C. Mills Chairman of the Board, President, Chief Executive Officer Pursuant to the requirements of the Securities Exchange Act of 1934, this amended report signed below by the following persons on behalf of the Registrant and in the capacities indicated on March 23, 2004. Signature Title --------- ----- /s/ DOUGLAS C. MILLS Chairman of the Board, Chief ------------------------- Executive Officer Douglas C. Mills (Principal Executive Officer) /s/ BARBARA J. HARRINGTON Chief Financial Officer ------------------------- (Principal Financial Officer) Barbara J. Harrington /s/ JOSEPH M. AMBROSE Director ------------------------- Joseph M. Ambrose /s/ SAMUEL P. BANKS Director ------------------------- Samuel P. Banks /s/ T. O. DAWSON Director ------------------------- T. O. Dawson /s/ VICTOR F. FELDMAN Director ------------------------- Victor F. Feldman /s/ KENNETH M. HENDREN Director ------------------------- Kenneth M. Hendren /s/ E. PHILLIPS KNOX Director ------------------------- E. Phillips Knox /s/ BARBARA J. KUHL Director ------------------------- Barbara J. Kuhl /s/ P. DAVID KUHL Director ------------------------- P. David Kuhl

Signature Title --------- ----- /s/ V. B. LEISTER, JR. Director ------------------------- V. B. Leister, Jr. /s/ LINDA M. MILLS Director ------------------------- Linda M. Mills /s/ EDWIN A. SCHARLAU Director ------------------------- Edwin A. Scharlau II /s/ DAVID C. THIES Director ------------------------- David C. Thies /s/ ARTHUR R. WYATT Director ------------------------- Arthur R. Wyatt

EXHIBIT 1 REVISED CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS [McGLADREY & PULLEN LOGO] CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the Registration Statements on Form S-8 (No. 33-30095, No. 33-60402 and No. 333-79217) of our report dated February 6, 2004, included in the Annual Report on Form 10-K of First Busey Corporation for the year ended December 31, 2003. /s/ McGLADREY & PULLEN, LLP ---------------------------- Champaign, Illinois McGLADREY & PULLEN, LLP March 23, 2004 McGladrey & Pullen, LLP is a member firm of RSM International - an affiliation of separate and independent legal entities.