<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2024 Workiva-->
<!--r:7029da22-0015-490f-8bc0-37ad1a897bd9,g:632a5a61-ced0-4125-89f2-b96ff9b4e312-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:buse="http://www.busey.com/20231231" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:dtr-types1="http://www.xbrl.org/dtr/type/2020-01-21" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.busey.com/20231231">
  <xs:import namespace="http://fasb.org/srt/2023" schemaLocation="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd"/>
  <xs:import namespace="http://fasb.org/us-gaap/2023" schemaLocation="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd"/>
  <xs:import namespace="http://www.w3.org/1999/xlink" schemaLocation="http://www.xbrl.org/2003/xlink-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2022-03-31" schemaLocation="https://www.xbrl.org/dtr/type/2022-03-31/types.xsd"/>
  <xs:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2023" schemaLocation="https://xbrl.sec.gov/dei/2023/dei-2023.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/ecd/2023" schemaLocation="https://xbrl.sec.gov/ecd/2023/ecd-2023.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="buse-20231231_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="buse-20231231_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="buse-20231231_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="buse-20231231_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="CoverPage" roleURI="http://www.busey.com/role/CoverPage">
        <link:definition>0000001 - Document - Cover Page</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="AuditInformation" roleURI="http://www.busey.com/role/AuditInformation">
        <link:definition>0000002 - Document - Audit Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDBALANCESHEETS" roleURI="http://www.busey.com/role/CONSOLIDATEDBALANCESHEETS">
        <link:definition>0000003 - Statement - CONSOLIDATED BALANCE SHEETS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDBALANCESHEETSParenthetical" roleURI="http://www.busey.com/role/CONSOLIDATEDBALANCESHEETSParenthetical">
        <link:definition>0000004 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFINCOME" roleURI="http://www.busey.com/role/CONSOLIDATEDSTATEMENTSOFINCOME">
        <link:definition>0000005 - Statement - CONSOLIDATED STATEMENTS OF INCOME</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOMELOSS" roleURI="http://www.busey.com/role/CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOMELOSS">
        <link:definition>0000006 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOMELOSSParenthetical" roleURI="http://www.busey.com/role/CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOMELOSSParenthetical">
        <link:definition>0000007 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERSEQUITY" roleURI="http://www.busey.com/role/CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERSEQUITY">
        <link:definition>0000008 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERSEQUITYParenthetical" roleURI="http://www.busey.com/role/CONSOLIDATEDSTATEMENTSOFSTOCKHOLDERSEQUITYParenthetical">
        <link:definition>0000009 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CONSOLIDATEDSTATEMENTSOFCASHFLOWS" roleURI="http://www.busey.com/role/CONSOLIDATEDSTATEMENTSOFCASHFLOWS">
        <link:definition>0000010 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIES" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIES">
        <link:definition>0000011 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTSECURITIES" roleURI="http://www.busey.com/role/DEBTSECURITIES">
        <link:definition>0000012 - Disclosure - DEBT SECURITIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANS" roleURI="http://www.busey.com/role/PORTFOLIOLOANS">
        <link:definition>0000013 - Disclosure - PORTFOLIO LOANS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETS" roleURI="http://www.busey.com/role/OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETS">
        <link:definition>0000014 - Disclosure - OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PREMISESANDEQUIPMENT" roleURI="http://www.busey.com/role/PREMISESANDEQUIPMENT">
        <link:definition>0000015 - Disclosure - PREMISES AND EQUIPMENT</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASES" roleURI="http://www.busey.com/role/LEASES">
        <link:definition>0000016 - Disclosure - LEASES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDOTHERINTANGIBLEASSETS" roleURI="http://www.busey.com/role/GOODWILLANDOTHERINTANGIBLEASSETS">
        <link:definition>0000017 - Disclosure - GOODWILL AND OTHER INTANGIBLE ASSETS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEPOSITS" roleURI="http://www.busey.com/role/DEPOSITS">
        <link:definition>0000018 - Disclosure - DEPOSITS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BORROWINGS" roleURI="http://www.busey.com/role/BORROWINGS">
        <link:definition>0000019 - Disclosure - BORROWINGS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="JUNIORSUBORDINATEDDEBTOWEDTOUNCOLSOLIDATEDTRUSTS" roleURI="http://www.busey.com/role/JUNIORSUBORDINATEDDEBTOWEDTOUNCOLSOLIDATEDTRUSTS">
        <link:definition>0000020 - Disclosure - JUNIOR SUBORDINATED DEBT OWED TO UNCOLSOLIDATED TRUSTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REGULATORYCAPITAL" roleURI="http://www.busey.com/role/REGULATORYCAPITAL">
        <link:definition>0000021 - Disclosure - REGULATORY CAPITAL</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXES" roleURI="http://www.busey.com/role/INCOMETAXES">
        <link:definition>0000022 - Disclosure - INCOME TAXES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EMPLOYEEBENEFITPLANS" roleURI="http://www.busey.com/role/EMPLOYEEBENEFITPLANS">
        <link:definition>0000023 - Disclosure - EMPLOYEE BENEFIT PLANS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATION" roleURI="http://www.busey.com/role/STOCKBASEDCOMPENSATION">
        <link:definition>0000024 - Disclosure - STOCK-BASED COMPENSATION</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="TRANSACTIONSWITHRELATEDPARTIES" roleURI="http://www.busey.com/role/TRANSACTIONSWITHRELATEDPARTIES">
        <link:definition>0000025 - Disclosure - TRANSACTIONS WITH RELATED PARTIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OUTSTANDINGCOMMITMENTSANDCONTINGENTLIABILITIES" roleURI="http://www.busey.com/role/OUTSTANDINGCOMMITMENTSANDCONTINGENTLIABILITIES">
        <link:definition>0000026 - Disclosure - OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTS" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTS">
        <link:definition>0000027 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTS" roleURI="http://www.busey.com/role/FAIRVALUEMEASUREMENTS">
        <link:definition>0000028 - Disclosure - FAIR VALUE MEASUREMENTS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHARE" roleURI="http://www.busey.com/role/EARNINGSPERSHARE">
        <link:definition>0000029 - Disclosure - EARNINGS PER SHARE</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACCUMULATEDOTHERCOMPREHENSIVEINCOMELOSS" roleURI="http://www.busey.com/role/ACCUMULATEDOTHERCOMPREHENSIVEINCOMELOSS">
        <link:definition>0000030 - Disclosure - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OPERATINGSEGMENTSANDRELATEDINFORMATION" roleURI="http://www.busey.com/role/OPERATINGSEGMENTSANDRELATEDINFORMATION">
        <link:definition>0000031 - Disclosure - OPERATING SEGMENTS AND RELATED INFORMATION</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PARENTCOMPANYONLYFINANCIALINFORMATION" roleURI="http://www.busey.com/role/PARENTCOMPANYONLYFINANCIALINFORMATION">
        <link:definition>0000032 - Disclosure - PARENT COMPANY ONLY FINANCIAL INFORMATION</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONS" roleURI="http://www.busey.com/role/ACQUISITIONS">
        <link:definition>0000033 - Disclosure - ACQUISITIONS</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESPolicies" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESPolicies">
        <link:definition>9954471 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES (Policies)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESTables" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESTables">
        <link:definition>9954472 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTSECURITIESTables" roleURI="http://www.busey.com/role/DEBTSECURITIESTables">
        <link:definition>9954473 - Disclosure - DEBT SECURITIES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSTables" roleURI="http://www.busey.com/role/PORTFOLIOLOANSTables">
        <link:definition>9954474 - Disclosure - PORTFOLIO LOANS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSTables" roleURI="http://www.busey.com/role/OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSTables">
        <link:definition>9954475 - Disclosure - OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PREMISESANDEQUIPMENTTables" roleURI="http://www.busey.com/role/PREMISESANDEQUIPMENTTables">
        <link:definition>9954476 - Disclosure - PREMISES AND EQUIPMENT (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESTables" roleURI="http://www.busey.com/role/LEASESTables">
        <link:definition>9954477 - Disclosure - LEASES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDOTHERINTANGIBLEASSETSTables" roleURI="http://www.busey.com/role/GOODWILLANDOTHERINTANGIBLEASSETSTables">
        <link:definition>9954478 - Disclosure - GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEPOSITSTables" roleURI="http://www.busey.com/role/DEPOSITSTables">
        <link:definition>9954479 - Disclosure - DEPOSITS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BORROWINGSTables" roleURI="http://www.busey.com/role/BORROWINGSTables">
        <link:definition>9954480 - Disclosure - BORROWINGS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REGULATORYCAPITALTables" roleURI="http://www.busey.com/role/REGULATORYCAPITALTables">
        <link:definition>9954481 - Disclosure - REGULATORY CAPITAL (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESTables" roleURI="http://www.busey.com/role/INCOMETAXESTables">
        <link:definition>9954482 - Disclosure - INCOME TAXES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EMPLOYEEBENEFITPLANSTables" roleURI="http://www.busey.com/role/EMPLOYEEBENEFITPLANSTables">
        <link:definition>9954483 - Disclosure - EMPLOYEE BENEFIT PLANS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONTables" roleURI="http://www.busey.com/role/STOCKBASEDCOMPENSATIONTables">
        <link:definition>9954484 - Disclosure - STOCK-BASED COMPENSATION (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="TRANSACTIONSWITHRELATEDPARTIESTables" roleURI="http://www.busey.com/role/TRANSACTIONSWITHRELATEDPARTIESTables">
        <link:definition>9954485 - Disclosure - TRANSACTIONS WITH RELATED PARTIES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OUTSTANDINGCOMMITMENTSANDCONTINGENTLIABILITIESTables" roleURI="http://www.busey.com/role/OUTSTANDINGCOMMITMENTSANDCONTINGENTLIABILITIESTables">
        <link:definition>9954486 - Disclosure - OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSTables" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSTables">
        <link:definition>9954487 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSTables" roleURI="http://www.busey.com/role/FAIRVALUEMEASUREMENTSTables">
        <link:definition>9954488 - Disclosure - FAIR VALUE MEASUREMENTS (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHARETables" roleURI="http://www.busey.com/role/EARNINGSPERSHARETables">
        <link:definition>9954489 - Disclosure - EARNINGS PER SHARE (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACCUMULATEDOTHERCOMPREHENSIVEINCOMELOSSTables" roleURI="http://www.busey.com/role/ACCUMULATEDOTHERCOMPREHENSIVEINCOMELOSSTables">
        <link:definition>9954490 - Disclosure - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OPERATINGSEGMENTSANDRELATEDINFORMATIONTables" roleURI="http://www.busey.com/role/OPERATINGSEGMENTSANDRELATEDINFORMATIONTables">
        <link:definition>9954491 - Disclosure - OPERATING SEGMENTS AND RELATED INFORMATION (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PARENTCOMPANYONLYFINANCIALINFORMATIONTables" roleURI="http://www.busey.com/role/PARENTCOMPANYONLYFINANCIALINFORMATIONTables">
        <link:definition>9954492 - Disclosure - PARENT COMPANY ONLY FINANCIAL INFORMATION (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESTrustAssetsDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESTrustAssetsDetails">
        <link:definition>9954493 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Trust Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESSecuritiesDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESSecuritiesDetails">
        <link:definition>9954494 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Securities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESLoanServicingDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESLoanServicingDetails">
        <link:definition>9954495 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Loan Servicing (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESPortfolioLoansDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESPortfolioLoansDetails">
        <link:definition>9954496 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Portfolio Loans (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESScheduleofEstimatedUsefulLivesforPremisesandEquipmentDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESScheduleofEstimatedUsefulLivesforPremisesandEquipmentDetails">
        <link:definition>9954497 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Schedule of Estimated Useful Lives for Premises and Equipment (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESGoodwillandOtherIntangiblesDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESGoodwillandOtherIntangiblesDetails">
        <link:definition>9954498 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Goodwill and Other Intangibles (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESCashSurrenderValueofBankOwnedLifeInsuranceDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESCashSurrenderValueofBankOwnedLifeInsuranceDetails">
        <link:definition>9954499 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Cash Surrender Value of Bank Owned Life Insurance (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESFHLBStockDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESFHLBStockDetails">
        <link:definition>9954500 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - FHLB Stock (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESScheduleofImpactoftheBuseysotherassetinvestmentsDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESScheduleofImpactoftheBuseysotherassetinvestmentsDetails">
        <link:definition>9954501 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Schedule of Impact of the Busey's other asset investments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESOtherAssetInvestmentsDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESOtherAssetInvestmentsDetails">
        <link:definition>9954502 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Other Asset Investments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESIncomeTaxesDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESIncomeTaxesDetails">
        <link:definition>9954503 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Income Taxes (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESStockBasedEmployeeCompensationDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESStockBasedEmployeeCompensationDetails">
        <link:definition>9954504 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Stock-Based Employee Compensation (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESSegmentDisclosureDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESSegmentDisclosureDetails">
        <link:definition>9954505 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Segment Disclosure (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESOffBalanceSheetArrangementsDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESOffBalanceSheetArrangementsDetails">
        <link:definition>9954506 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Off Balance Sheet Arrangements (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SIGNIFICANTACCOUNTINGPOLICIESRecentlyIssuedAccountingStandardsNotYetAdoptedDetails" roleURI="http://www.busey.com/role/SIGNIFICANTACCOUNTINGPOLICIESRecentlyIssuedAccountingStandardsNotYetAdoptedDetails">
        <link:definition>9954507 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES - Recently Issued Accounting Standards Not Yet Adopted (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTSECURITIESScheduleofAmortizedCostUnrealizedGainsandLossesandFairValuesofSecuritiesClassifiedasAFSandHTMDetails" roleURI="http://www.busey.com/role/DEBTSECURITIESScheduleofAmortizedCostUnrealizedGainsandLossesandFairValuesofSecuritiesClassifiedasAFSandHTMDetails">
        <link:definition>9954508 - Disclosure - DEBT SECURITIES - Schedule of Amortized Cost, Unrealized Gains and Losses, and Fair Values of Securities Classified as AFS and HTM (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTSECURITIESScheduleofMaturityofDebtSecuritiesDetails" roleURI="http://www.busey.com/role/DEBTSECURITIESScheduleofMaturityofDebtSecuritiesDetails">
        <link:definition>9954509 - Disclosure - DEBT SECURITIES - Schedule of Maturity of Debt Securities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTSECURITIESScheduleofGainsandLossesonDebtSecuritiesDetails" roleURI="http://www.busey.com/role/DEBTSECURITIESScheduleofGainsandLossesonDebtSecuritiesDetails">
        <link:definition>9954510 - Disclosure - DEBT SECURITIES - Schedule of Gains and Losses on Debt Securities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTSECURITIESNarrativeDetails" roleURI="http://www.busey.com/role/DEBTSECURITIESNarrativeDetails">
        <link:definition>9954511 - Disclosure - DEBT SECURITIES - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTSECURITIESScheduleofDebtSecuritiesinanUnrealizedLossPositionDetails" roleURI="http://www.busey.com/role/DEBTSECURITIESScheduleofDebtSecuritiesinanUnrealizedLossPositionDetails">
        <link:definition>9954512 - Disclosure - DEBT SECURITIES - Schedule of Debt Securities in an Unrealized Loss Position (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEBTSECURITIESScheduleofAdditionalInformationAboutDebtSecuritiesUnrealizedLossPositionDetails" roleURI="http://www.busey.com/role/DEBTSECURITIESScheduleofAdditionalInformationAboutDebtSecuritiesUnrealizedLossPositionDetails">
        <link:definition>9954513 - Disclosure - DEBT SECURITIES - Schedule of Additional Information About Debt Securities Unrealized Loss Position (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofDistributionofPortfolioLoansDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofDistributionofPortfolioLoansDetails">
        <link:definition>9954514 - Disclosure - PORTFOLIO LOANS - Schedule of Distribution of Portfolio Loans (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSNarrativeDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSNarrativeDetails">
        <link:definition>9954515 - Disclosure - PORTFOLIO LOANS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofFinancialInstrumentsOwnedandPledgedasCollateralDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofFinancialInstrumentsOwnedandPledgedasCollateralDetails">
        <link:definition>9954516 - Disclosure - PORTFOLIO LOANS - Schedule of Financial Instruments Owned and Pledged as Collateral (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofRiskGradesSegregatedbyCategoryofPortfolioLoansDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofRiskGradesSegregatedbyCategoryofPortfolioLoansDetails">
        <link:definition>9954517 - Disclosure - PORTFOLIO LOANS - Schedule of Risk Grades Segregated by Category of Portfolio Loans (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofRiskGradesofPortfolioLoansFurtherSortedbyOriginationYearDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofRiskGradesofPortfolioLoansFurtherSortedbyOriginationYearDetails">
        <link:definition>9954518 - Disclosure - PORTFOLIO LOANS - Schedule of Risk Grades of Portfolio Loans, Further Sorted by Origination Year (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofPortfolioLoansthatarePastDueandStillAccruingoronaNonaccrualStatusDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofPortfolioLoansthatarePastDueandStillAccruingoronaNonaccrualStatusDetails">
        <link:definition>9954519 - Disclosure - PORTFOLIO LOANS -Schedule of Portfolio Loans that are Past Due and Still Accruing or on a Non-accrual Status (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSDisaggregatedbyClassofFinancingReceivableandTypeofConcessionGrantedDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSDisaggregatedbyClassofFinancingReceivableandTypeofConcessionGrantedDetails">
        <link:definition>9954520 - Disclosure - PORTFOLIO LOANS - Disaggregated by Class of Financing Receivable and Type of Concession Granted (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleoftheEffectsofLoanModificationsDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleoftheEffectsofLoanModificationsDetails">
        <link:definition>9954521 - Disclosure - PORTFOLIO LOANS - Schedule of the Effects of Loan Modifications (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofAmortizedCostBasisofFinancingReceivablesDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofAmortizedCostBasisofFinancingReceivablesDetails">
        <link:definition>9954522 - Disclosure - PORTFOLIO LOANS - Schedule of Amortized Cost Basis of Financing Receivables (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofLoanModificationsmadetoBorrowersExperiencingFinancialDifficultyDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofLoanModificationsmadetoBorrowersExperiencingFinancialDifficultyDetails">
        <link:definition>9954523 - Disclosure - PORTFOLIO LOANS - Schedule of Loan Modifications made to Borrowers Experiencing Financial Difficulty (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofTDRLoansDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofTDRLoansDetails">
        <link:definition>9954524 - Disclosure - PORTFOLIO LOANS - Schedule of TDR Loans (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofTDRsDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofTDRsDetails">
        <link:definition>9954525 - Disclosure - PORTFOLIO LOANS - Schedule of TDRs (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofDetailsofImpairedLoansSegregatedbyCategoryDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofDetailsofImpairedLoansSegregatedbyCategoryDetails">
        <link:definition>9954526 - Disclosure - PORTFOLIO LOANS - Schedule of Details of Impaired Loans, Segregated by Category (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofActivityontheAllowanceforLoanLossesDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofActivityontheAllowanceforLoanLossesDetails">
        <link:definition>9954527 - Disclosure - PORTFOLIO LOANS - Schedule of Activity on the Allowance for Loan Losses (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PORTFOLIOLOANSScheduleofAllowanceforLoanLossesandRecordedInvestmentsinPortfolioLoansbyCategoryDetails" roleURI="http://www.busey.com/role/PORTFOLIOLOANSScheduleofAllowanceforLoanLossesandRecordedInvestmentsinPortfolioLoansbyCategoryDetails">
        <link:definition>9954528 - Disclosure - PORTFOLIO LOANS - Schedule of Allowance for Loan Losses and Recorded Investments in Portfolio Loans, by Category (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSScheduleofOREOandOtherRepossessedAssetsBalancesDetails" roleURI="http://www.busey.com/role/OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSScheduleofOREOandOtherRepossessedAssetsBalancesDetails">
        <link:definition>9954529 - Disclosure - OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS - Schedule of OREO and Other Repossessed Assets Balances (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSScheduleofActivityRelatedtoOREOandOtherRepossessedAssetsDetails" roleURI="http://www.busey.com/role/OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSScheduleofActivityRelatedtoOREOandOtherRepossessedAssetsDetails">
        <link:definition>9954530 - Disclosure - OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS - Schedule of Activity Related to OREO and Other Repossessed Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSNarrativeDetails" roleURI="http://www.busey.com/role/OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSNarrativeDetails">
        <link:definition>9954531 - Disclosure - OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSScheduleofExpensesRelatedtoOREOandOtherRepossessedAssetsDetails" roleURI="http://www.busey.com/role/OTHERREALESTATEOWNEDANDOTHERREPOSSESSEDASSETSScheduleofExpensesRelatedtoOREOandOtherRepossessedAssetsDetails">
        <link:definition>9954532 - Disclosure - OTHER REAL ESTATE OWNED AND OTHER REPOSSESSED ASSETS - Schedule of Expenses Related to OREO and Other Repossessed Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PREMISESANDEQUIPMENTScheduleofpremisesandequipmentnetDetails" roleURI="http://www.busey.com/role/PREMISESANDEQUIPMENTScheduleofpremisesandequipmentnetDetails">
        <link:definition>9954533 - Disclosure - PREMISES AND EQUIPMENT - Schedule of premises and equipment, net (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PREMISESANDEQUIPMENTScheduleofdepreciationexpenseDetails" roleURI="http://www.busey.com/role/PREMISESANDEQUIPMENTScheduleofdepreciationexpenseDetails">
        <link:definition>9954534 - Disclosure - PREMISES AND EQUIPMENT - Schedule of depreciation expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESScheduleofLeaseRelatedBalancesDetails" roleURI="http://www.busey.com/role/LEASESScheduleofLeaseRelatedBalancesDetails">
        <link:definition>9954535 - Disclosure - LEASES - Schedule of Lease-Related Balances (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESScheduleofLeaseCostandOtherLeaseInformationDetails" roleURI="http://www.busey.com/role/LEASESScheduleofLeaseCostandOtherLeaseInformationDetails">
        <link:definition>9954536 - Disclosure - LEASES - Schedule of Lease Cost and Other Lease Information (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESScheduleofFutureUndiscountedLeasePaymentsDetails" roleURI="http://www.busey.com/role/LEASESScheduleofFutureUndiscountedLeasePaymentsDetails">
        <link:definition>9954537 - Disclosure - LEASES - Schedule of Future Undiscounted Lease Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESScheduleofFutureUndiscountedLeasePaymentsDetails_1" roleURI="http://www.busey.com/role/LEASESScheduleofFutureUndiscountedLeasePaymentsDetails_1">
        <link:definition>9954537 - Disclosure - LEASES - Schedule of Future Undiscounted Lease Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="LEASESScheduleofBuseyastheLessorDetails" roleURI="http://www.busey.com/role/LEASESScheduleofBuseyastheLessorDetails">
        <link:definition>9954538 - Disclosure - LEASES - Schedule of Busey as the Lessor (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDOTHERINTANGIBLEASSETSNarrativeDetails" roleURI="http://www.busey.com/role/GOODWILLANDOTHERINTANGIBLEASSETSNarrativeDetails">
        <link:definition>9954539 - Disclosure - GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDOTHERINTANGIBLEASSETSScheduleofCarryingAmountofGoodwillbyOperatingSegmentDetails" roleURI="http://www.busey.com/role/GOODWILLANDOTHERINTANGIBLEASSETSScheduleofCarryingAmountofGoodwillbyOperatingSegmentDetails">
        <link:definition>9954540 - Disclosure - GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Carrying Amount of Goodwill by Operating Segment (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDOTHERINTANGIBLEASSETSScheduleofOtherIntangibleAssetDisclosuresDetails" roleURI="http://www.busey.com/role/GOODWILLANDOTHERINTANGIBLEASSETSScheduleofOtherIntangibleAssetDisclosuresDetails">
        <link:definition>9954541 - Disclosure - GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Other Intangible Asset Disclosures (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDOTHERINTANGIBLEASSETSScheduleofAmortizationExpenseRelatingtoIntangibleAssetsDetails" roleURI="http://www.busey.com/role/GOODWILLANDOTHERINTANGIBLEASSETSScheduleofAmortizationExpenseRelatingtoIntangibleAssetsDetails">
        <link:definition>9954542 - Disclosure - GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Amortization Expense Relating to Intangible Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="GOODWILLANDOTHERINTANGIBLEASSETSScheduleofEstimatedAmortizationExpenseDetails" roleURI="http://www.busey.com/role/GOODWILLANDOTHERINTANGIBLEASSETSScheduleofEstimatedAmortizationExpenseDetails">
        <link:definition>9954543 - Disclosure - GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Estimated Amortization Expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEPOSITSScheduleofCompositionofDepositsDetails" roleURI="http://www.busey.com/role/DEPOSITSScheduleofCompositionofDepositsDetails">
        <link:definition>9954544 - Disclosure - DEPOSITS - Schedule of Composition of Deposits (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DEPOSITSScheduleofMaturitiesoftimeDepositsDetails" roleURI="http://www.busey.com/role/DEPOSITSScheduleofMaturitiesoftimeDepositsDetails">
        <link:definition>9954545 - Disclosure - DEPOSITS - Schedule of Maturities of time Deposits (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BORROWINGSScheduleofSecuritiesSoldUnderAgreementstoRepurchaseDetails" roleURI="http://www.busey.com/role/BORROWINGSScheduleofSecuritiesSoldUnderAgreementstoRepurchaseDetails">
        <link:definition>9954546 - Disclosure - BORROWINGS - Schedule of Securities Sold Under Agreements to Repurchase (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BORROWINGSTermLoanDetails" roleURI="http://www.busey.com/role/BORROWINGSTermLoanDetails">
        <link:definition>9954547 - Disclosure - BORROWINGS - Term Loan (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BORROWINGSScheduleofShortTermborrowingsDetails" roleURI="http://www.busey.com/role/BORROWINGSScheduleofShortTermborrowingsDetails">
        <link:definition>9954548 - Disclosure - BORROWINGS - Schedule of Short-Term borrowings (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BORROWINGSScheduleofLongTermDebtDetails" roleURI="http://www.busey.com/role/BORROWINGSScheduleofLongTermDebtDetails">
        <link:definition>9954549 - Disclosure - BORROWINGS - Schedule of Long-Term Debt (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BORROWINGSSubordinateNotesDetails" roleURI="http://www.busey.com/role/BORROWINGSSubordinateNotesDetails">
        <link:definition>9954550 - Disclosure - BORROWINGS - Subordinate Notes (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BORROWINGSScheduleofUnamortizedDebtIssuanceCostDetails" roleURI="http://www.busey.com/role/BORROWINGSScheduleofUnamortizedDebtIssuanceCostDetails">
        <link:definition>9954551 - Disclosure - BORROWINGS - Schedule of Unamortized Debt Issuance Cost (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="JUNIORSUBORDINATEDDEBTOWEDTOUNCOLSOLIDATEDTRUSTSDetails" roleURI="http://www.busey.com/role/JUNIORSUBORDINATEDDEBTOWEDTOUNCOLSOLIDATEDTRUSTSDetails">
        <link:definition>9954552 - Disclosure - JUNIOR SUBORDINATED DEBT OWED TO UNCOLSOLIDATED TRUSTS (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REGULATORYCAPITALCapitalAmountsandRatiosDetails" roleURI="http://www.busey.com/role/REGULATORYCAPITALCapitalAmountsandRatiosDetails">
        <link:definition>9954553 - Disclosure - REGULATORY CAPITAL - Capital Amounts and Ratios (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="REGULATORYCAPITALNarrativeDetails" roleURI="http://www.busey.com/role/REGULATORYCAPITALNarrativeDetails">
        <link:definition>9954554 - Disclosure - REGULATORY CAPITAL - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESScheduleoftheComponentsofIncomeTaxesDetails" roleURI="http://www.busey.com/role/INCOMETAXESScheduleoftheComponentsofIncomeTaxesDetails">
        <link:definition>9954555 - Disclosure - INCOME TAXES - Schedule of the Components of Income Taxes (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESScheduleoftheReconciliationofFederalandStateIncomeTaxesatStatutoryratestotheIncomeTaxesIncludedintheStatementsofIncomeDetails" roleURI="http://www.busey.com/role/INCOMETAXESScheduleoftheReconciliationofFederalandStateIncomeTaxesatStatutoryratestotheIncomeTaxesIncludedintheStatementsofIncomeDetails">
        <link:definition>9954556 - Disclosure - INCOME TAXES - Schedule of the Reconciliation of Federal and State Income Taxes at Statutory rates to the Income Taxes Included in the Statements of Income (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESScheduleoftheDeferredTaxAssetsandLiabilitiesDetails" roleURI="http://www.busey.com/role/INCOMETAXESScheduleoftheDeferredTaxAssetsandLiabilitiesDetails">
        <link:definition>9954557 - Disclosure - INCOME TAXES - Schedule of the Deferred Tax Assets and Liabilities (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="INCOMETAXESNarrativeDetails" roleURI="http://www.busey.com/role/INCOMETAXESNarrativeDetails">
        <link:definition>9954558 - Disclosure - INCOME TAXES - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EMPLOYEEBENEFITPLANSNarrativeDetails" roleURI="http://www.busey.com/role/EMPLOYEEBENEFITPLANSNarrativeDetails">
        <link:definition>9954559 - Disclosure - EMPLOYEE BENEFIT PLANS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EMPLOYEEBENEFITPLANSScheduleofexpensesrelatedtotheemployeebenefitplansDetails" roleURI="http://www.busey.com/role/EMPLOYEEBENEFITPLANSScheduleofexpensesrelatedtotheemployeebenefitplansDetails">
        <link:definition>9954560 - Disclosure - EMPLOYEE BENEFIT PLANS - Schedule of expenses related to the employee benefit plans (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONScheduleofChangesintheCompanysStockOptionAwardsDetails" roleURI="http://www.busey.com/role/STOCKBASEDCOMPENSATIONScheduleofChangesintheCompanysStockOptionAwardsDetails">
        <link:definition>9954561 - Disclosure - STOCK-BASED COMPENSATION - Schedule of Changes in, the Company's Stock Option Awards (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATION2020EquityPlanDetails" roleURI="http://www.busey.com/role/STOCKBASEDCOMPENSATION2020EquityPlanDetails">
        <link:definition>9954562 - Disclosure - STOCK-BASED COMPENSATION - 2020 Equity Plan (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONScheduleofchangesintheCompanysRSUPSUandDSUawardsDetails" roleURI="http://www.busey.com/role/STOCKBASEDCOMPENSATIONScheduleofchangesintheCompanysRSUPSUandDSUawardsDetails">
        <link:definition>9954563 - Disclosure - STOCK-BASED COMPENSATION - Schedule of changes in the Company's RSU, PSU, and DSU awards (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATION2021EmployeeStockPurchasePlanDetails" roleURI="http://www.busey.com/role/STOCKBASEDCOMPENSATION2021EmployeeStockPurchasePlanDetails">
        <link:definition>9954564 - Disclosure - STOCK-BASED COMPENSATION - 2021 Employee Stock Purchase Plan (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONScheduleofStockBasedCompensationExpenseDetails" roleURI="http://www.busey.com/role/STOCKBASEDCOMPENSATIONScheduleofStockBasedCompensationExpenseDetails">
        <link:definition>9954565 - Disclosure - STOCK-BASED COMPENSATION - Schedule of Stock-Based Compensation Expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="STOCKBASEDCOMPENSATIONScheduleofUnamortizedStockBasedCompensationExpenseDetails" roleURI="http://www.busey.com/role/STOCKBASEDCOMPENSATIONScheduleofUnamortizedStockBasedCompensationExpenseDetails">
        <link:definition>9954566 - Disclosure - STOCK-BASED COMPENSATION - Schedule of Unamortized Stock-Based Compensation Expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="TRANSACTIONSWITHRELATEDPARTIESDetails" roleURI="http://www.busey.com/role/TRANSACTIONSWITHRELATEDPARTIESDetails">
        <link:definition>9954567 - Disclosure - TRANSACTIONS WITH RELATED PARTIES (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OUTSTANDINGCOMMITMENTSANDCONTINGENTLIABILITIESDetails" roleURI="http://www.busey.com/role/OUTSTANDINGCOMMITMENTSANDCONTINGENTLIABILITIESDetails">
        <link:definition>9954568 - Disclosure - OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSScheduleoffinancialinstrumentsownedandpledgedascollateralDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSScheduleoffinancialinstrumentsownedandpledgedascollateralDetails">
        <link:definition>9954569 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of financial instruments owned and pledged as collateral (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSNarrativeDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSNarrativeDetails">
        <link:definition>9954570 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSSummaryoftheinterestrateswapsdesignatedascashflowhedgesDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSSummaryoftheinterestrateswapsdesignatedascashflowhedgesDetails">
        <link:definition>9954571 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Summary of the interest-rate swaps designated as cash flow hedges (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSReclassificationofunrealizedgainsandlossesfromOCIDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSReclassificationofunrealizedgainsandlossesfromOCIDetails">
        <link:definition>9954572 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Reclassification of unrealized gains and losses from OCI (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSScheduleofinterestincomeexpenserecordedonswaptransactionsDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSScheduleofinterestincomeexpenserecordedonswaptransactionsDetails">
        <link:definition>9954573 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of interest income (expense) recorded on swap transactions (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSNetGainsLossesRecordedinAccumulatedOtherComprehensiveIncomeLossDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSNetGainsLossesRecordedinAccumulatedOtherComprehensiveIncomeLossDetails">
        <link:definition>9954574 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Net Gains (Losses) Recorded in Accumulated Other Comprehensive Income (Loss) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSInterestRateSwapsNotDesignatedasHedgesDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSInterestRateSwapsNotDesignatedasHedgesDetails">
        <link:definition>9954575 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Interest Rate Swaps Not Designated as Hedges (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSInterestRateSwapsRecordedinNoninterestExpenseDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSInterestRateSwapsRecordedinNoninterestExpenseDetails">
        <link:definition>9954576 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Interest Rate Swaps Recorded in Noninterest Expense (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSRiskParticipationAgreementDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSRiskParticipationAgreementDetails">
        <link:definition>9954577 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Risk Participation Agreement (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSMortgageBankingDerivativesDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSMortgageBankingDerivativesDetails">
        <link:definition>9954578 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Mortgage Banking Derivatives (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="DERIVATIVEFINANCIALINSTRUMENTSNetGainsLossesRelatingtoDerivativeInstrumentsDetails" roleURI="http://www.busey.com/role/DERIVATIVEFINANCIALINSTRUMENTSNetGainsLossesRelatingtoDerivativeInstrumentsDetails">
        <link:definition>9954579 - Disclosure - DERIVATIVE FINANCIAL INSTRUMENTS - Net Gains (Losses) Relating to Derivative Instruments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSScheduleoffinancialassetsandfinancialliabilitiesmeasuredatfairvalueonarecurringbasisDetails" roleURI="http://www.busey.com/role/FAIRVALUEMEASUREMENTSScheduleoffinancialassetsandfinancialliabilitiesmeasuredatfairvalueonarecurringbasisDetails">
        <link:definition>9954580 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of financial assets and financial liabilities measured at fair value on a recurring basis (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSScheduleofassetsandliabilitiesmeasuredatfairvalueonanonrecurringbasisDetails" roleURI="http://www.busey.com/role/FAIRVALUEMEASUREMENTSScheduleofassetsandliabilitiesmeasuredatfairvalueonanonrecurringbasisDetails">
        <link:definition>9954581 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of assets and liabilities measured at fair value on a non-recurring basis (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSScheduleofquantitativeinformationaboutLevel3fairvaluemeasurementsDetails" roleURI="http://www.busey.com/role/FAIRVALUEMEASUREMENTSScheduleofquantitativeinformationaboutLevel3fairvaluemeasurementsDetails">
        <link:definition>9954582 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of quantitative information about Level 3 fair value measurements (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FAIRVALUEMEASUREMENTSScheduleofestimatedfairvaluesoffinancialinstrumentsDetails" roleURI="http://www.busey.com/role/FAIRVALUEMEASUREMENTSScheduleofestimatedfairvaluesoffinancialinstrumentsDetails">
        <link:definition>9954583 - Disclosure - FAIR VALUE MEASUREMENTS - Schedule of estimated fair values of financial instruments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHAREScheduleofcomputationofearningspercommonshareDetails" roleURI="http://www.busey.com/role/EARNINGSPERSHAREScheduleofcomputationofearningspercommonshareDetails">
        <link:definition>9954584 - Disclosure - EARNINGS PER SHARE - Schedule of computation of earnings per common share (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EARNINGSPERSHAREScheduleofaveragesharesexcludedfromcomputationofdilutedearningspercommonshareDetails" roleURI="http://www.busey.com/role/EARNINGSPERSHAREScheduleofaveragesharesexcludedfromcomputationofdilutedearningspercommonshareDetails">
        <link:definition>9954585 - Disclosure - EARNINGS PER SHARE - Schedule of average shares excluded from computation of diluted earnings per common share (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACCUMULATEDOTHERCOMPREHENSIVEINCOMELOSSDetails" roleURI="http://www.busey.com/role/ACCUMULATEDOTHERCOMPREHENSIVEINCOMELOSSDetails">
        <link:definition>9954586 - Disclosure - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OPERATINGSEGMENTSANDRELATEDINFORMATIONDetails" roleURI="http://www.busey.com/role/OPERATINGSEGMENTSANDRELATEDINFORMATIONDetails">
        <link:definition>9954587 - Disclosure - OPERATING SEGMENTS AND RELATED INFORMATION (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PARENTCOMPANYONLYFINANCIALINFORMATIONBalanceSheetsDetails" roleURI="http://www.busey.com/role/PARENTCOMPANYONLYFINANCIALINFORMATIONBalanceSheetsDetails">
        <link:definition>9954588 - Disclosure - PARENT COMPANY ONLY FINANCIAL INFORMATION - Balance Sheets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PARENTCOMPANYONLYFINANCIALINFORMATIONStatementsofIncomeDetails" roleURI="http://www.busey.com/role/PARENTCOMPANYONLYFINANCIALINFORMATIONStatementsofIncomeDetails">
        <link:definition>9954589 - Disclosure - PARENT COMPANY ONLY FINANCIAL INFORMATION - Statements of Income (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="PARENTCOMPANYONLYFINANCIALINFORMATIONStatementsofCashFlowsDetails" roleURI="http://www.busey.com/role/PARENTCOMPANYONLYFINANCIALINFORMATIONStatementsofCashFlowsDetails">
        <link:definition>9954590 - Disclosure - PARENT COMPANY ONLY FINANCIAL INFORMATION - Statements of Cash Flows (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="ACQUISITIONSDetails" roleURI="http://www.busey.com/role/ACQUISITIONSDetails">
        <link:definition>9954591 - Disclosure - ACQUISITIONS (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdjustmentForPerformanceConditionsWeightedAverageFairValue" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdjustmentForPerformanceConditionsWeightedAverageFairValue" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:perShareItemType"/>
  <xs:element id="buse_BankPropertyHeldForSaleFairValueDisclosure" abstract="false" name="BankPropertyHeldForSaleFairValueDisclosure" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_RetailRealEstateMember" abstract="true" name="RetailRealEstateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_AccretionOfPremiumsAndDiscountsOnTimeDeposits" abstract="false" name="AccretionOfPremiumsAndDiscountsOnTimeDeposits" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_MaximumOfHoldingCompaniesAssetsRetained" abstract="false" name="MaximumOfHoldingCompaniesAssetsRetained" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ScheduleOfLeaseRelatedBalancesTableTextBlock" abstract="false" name="ScheduleOfLeaseRelatedBalancesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_InterchangeExpense" abstract="false" name="InterchangeExpense" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_BrokeredSavingDepositsAndMoneyMarketDeposits" abstract="false" name="BrokeredSavingDepositsAndMoneyMarketDeposits" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_InterestIncome" abstract="false" name="InterestIncome" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_InterestRateSwapsPayFloatingReceiveFixedMember" abstract="true" name="InterestRateSwapsPayFloatingReceiveFixedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_RestrictedSecuritiesFHLBPolicyTextBlock" abstract="false" name="RestrictedSecuritiesFHLBPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_BankPropertyHeldForSaleMember" abstract="true" name="BankPropertyHeldForSaleMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_FixedToFloatingRateNotesDue2032Member" abstract="true" name="FixedToFloatingRateNotesDue2032Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_DirectorsAndAdvisoryDirectorsMember" abstract="true" name="DirectorsAndAdvisoryDirectorsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_FinancingReceivablePortfolioLoansAdditionalInformationAbstract" abstract="true" name="FinancingReceivablePortfolioLoansAdditionalInformationAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets" abstract="false" name="CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_ProceedsFromRepaymentsOfShortTermDebtExcludingFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet" abstract="false" name="ProceedsFromRepaymentsOfShortTermDebtExcludingFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_CommonEquityTierOneRiskBasedCapitalToRiskWeightedAssets" abstract="false" name="CommonEquityTierOneRiskBasedCapitalToRiskWeightedAssets" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_MerchantsAndManufacturersBankCorporationMember" abstract="true" name="MerchantsAndManufacturersBankCorporationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardSettlementPeriod" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardSettlementPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="buse_NatureOfOperationsPolicyTextBlock" abstract="false" name="NatureOfOperationsPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_NotesPayableNumberOfNotes" abstract="false" name="NotesPayableNumberOfNotes" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodValue" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodValue" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_DerivativeGainLossesOnDerivativePayFloatingReceiveFixed" abstract="false" name="DerivativeGainLossesOnDerivativePayFloatingReceiveFixed" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossWriteOff" abstract="false" name="FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossWriteOff" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" abstract="false" name="CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_DistributionsLessThanInExcessOfNetIncomeLossOfBankingSubsidiaries" abstract="false" name="DistributionsLessThanInExcessOfNetIncomeLossOfBankingSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_UnfundedInvestmentsMember" abstract="true" name="UnfundedInvestmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_TierOneRiskBasedCapitalToRiskWeightedAssetsPercent" abstract="false" name="TierOneRiskBasedCapitalToRiskWeightedAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_ScheduleOfContractualAmountOfExposureToOffBalanceSheetRiskTableTextBlock" abstract="false" name="ScheduleOfContractualAmountOfExposureToOffBalanceSheetRiskTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_TermLoanMember" abstract="true" name="TermLoanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_DeferredTaxAssetDebtSecuritiesHeldToMaturityUnrealizedLoss" abstract="false" name="DeferredTaxAssetDebtSecuritiesHeldToMaturityUnrealizedLoss" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ScheduleOfUnamortizedDebtIssuanceCostTableTextBlock" abstract="false" name="ScheduleOfUnamortizedDebtIssuanceCostTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_OtherRealEstateTableTextBlock" abstract="false" name="OtherRealEstateTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_PercentageOfPrincipalAmountOfNotes" abstract="false" name="PercentageOfPrincipalAmountOfNotes" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_PercentageOfCashTransferredInBusinessCombinationAsConsiderationCombinationCashConsiderationTransferredPercentage" abstract="false" name="PercentageOfCashTransferredInBusinessCombinationAsConsiderationCombinationCashConsiderationTransferredPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="buse_FinancingReceivableLoanModificationsPolicyPolicyTextBlock" abstract="false" name="FinancingReceivableLoanModificationsPolicyPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="buse_CustomerAssetsHeldInTrust" abstract="false" name="CustomerAssetsHeldInTrust" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_UnrecognizedShareBasedPaymentArrangementExpense" abstract="false" name="UnrecognizedShareBasedPaymentArrangementExpense" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_OtherServicingAssetAtFairValueAmount" abstract="false" name="OtherServicingAssetAtFairValueAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_DeferredTaxLiabilitiesUnrealizedGainsOnEquitySecurities" abstract="false" name="DeferredTaxLiabilitiesUnrealizedGainsOnEquitySecurities" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_MaximumPeriodToDeferInterestOnDebtInstrumentAndDistributionsOnTrustPreferredSecurities" abstract="false" name="MaximumPeriodToDeferInterestOnDebtInstrumentAndDistributionsOnTrustPreferredSecurities" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="buse_ThirdAmendmentToExtendCreditFacilityMember" abstract="true" name="ThirdAmendmentToExtendCreditFacilityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_VisaClassBCommonSharesMember" abstract="true" name="VisaClassBCommonSharesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_AuditInformationAbstract" abstract="true" name="AuditInformationAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_DurationOfFixedInterestRate" abstract="false" name="DurationOfFixedInterestRate" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="buse_GainsLossesOnSalesOfOtherRealEstateAndOtherRepossessedAssets" abstract="false" name="GainsLossesOnSalesOfOtherRealEstateAndOtherRepossessedAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_The2020EquityIncentivePlanMember" abstract="true" name="The2020EquityIncentivePlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_IncreaseDecreaseFromExcessDistributions" abstract="false" name="IncreaseDecreaseFromExcessDistributions" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_FirstechMember" abstract="true" name="FirstechMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_CapitalRequiredForCapitalAdequacyToRiskWeightedAssetsPercent" abstract="false" name="CapitalRequiredForCapitalAdequacyToRiskWeightedAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalized" abstract="false" name="CommonEquityTierOneRiskBasedCapitalRequiredToBeWellCapitalized" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_DebtSecuritiesFairValue" abstract="false" name="DebtSecuritiesFairValue" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_EffectiveIncomeTaxRateReconciliationIncomeBankOwnedLifeInsurance" abstract="false" name="EffectiveIncomeTaxRateReconciliationIncomeBankOwnedLifeInsurance" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_AssetsPledgedAsCollateralFederalHomeLoanBankMember" abstract="true" name="AssetsPledgedAsCollateralFederalHomeLoanBankMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_DividendIncomeOperatingBankingSubsidiaries" abstract="false" name="DividendIncomeOperatingBankingSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_BrokeredTimeDeposits" abstract="false" name="BrokeredTimeDeposits" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_BuseyBankMember" abstract="true" name="BuseyBankMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_LongTermDebtExcludingSeniorNotesSubordinatedNotesAndJuniorSubordinated" abstract="false" name="LongTermDebtExcludingSeniorNotesSubordinatedNotesAndJuniorSubordinated" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_CashSurrenderValueOfBankOwnedLifeInsurancePolicyTextBlock" abstract="false" name="CashSurrenderValueOfBankOwnedLifeInsurancePolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_FinancingReceivableLoanOriginationCostsCaresAct" abstract="false" name="FinancingReceivableLoanOriginationCostsCaresAct" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_NumberOfRiskParticipationAgreements" abstract="false" name="NumberOfRiskParticipationAgreements" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="buse_ShortTermLoanMember" abstract="true" name="ShortTermLoanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_RepaymentsOfInvestmentsInSubsidiaries" abstract="false" name="RepaymentsOfInvestmentsInSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ScheduleOfEstimatedUsefulLivesForPropertyPlantAndEquipmentTableTextBlock" abstract="false" name="ScheduleOfEstimatedUsefulLivesForPropertyPlantAndEquipmentTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_WealthManagementSegmentMember" abstract="true" name="WealthManagementSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_StockIssuedDuringPeriodWarrantsExercisedNetOfSharesRedeemedAndTaxShares" abstract="false" name="StockIssuedDuringPeriodWarrantsExercisedNetOfSharesRedeemedAndTaxShares" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="buse_DebtSecuritiesHeldToMaturityUnrealizedLossPositionNumberOfPositions" abstract="false" name="DebtSecuritiesHeldToMaturityUnrealizedLossPositionNumberOfPositions" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="buse_OperatingLeasePaymentsFixedPayment" abstract="false" name="OperatingLeasePaymentsFixedPayment" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_A2021EmployeeStockPurchasePlanMember" abstract="true" name="A2021EmployeeStockPurchasePlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_FurnitureAndEquipmentMember" abstract="true" name="FurnitureAndEquipmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_ProfitSharingExpenseMember" abstract="true" name="ProfitSharingExpenseMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOfCommonStockPerAward" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesOfCommonStockPerAward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="buse_CashPaymentsAbstract" abstract="true" name="CashPaymentsAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_EmployeeBenefitPlansDisclosureAbstract" abstract="true" name="EmployeeBenefitPlansDisclosureAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_DebtWeightedAverageMaturityPeriod" abstract="false" name="DebtWeightedAverageMaturityPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="buse_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndDistributionFromSubsidiaries" abstract="false" name="IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndDistributionFromSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_EarningsPerShareBasicAndDilutedEPSAbstract" abstract="true" name="EarningsPerShareBasicAndDilutedEPSAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_CommonStockDividendsRestrictedStockDeclared" abstract="false" name="CommonStockDividendsRestrictedStockDeclared" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_A2020EquityPlanMember" abstract="true" name="A2020EquityPlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_BalancesCarriedInAociAbstract" abstract="true" name="BalancesCarriedInAociAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_FederalFundsMaturityPeriod" abstract="false" name="FederalFundsMaturityPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="buse_IncomeFromDissolutionOfNonBankSubsidiaries" abstract="false" name="IncomeFromDissolutionOfNonBankSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_SecondAmendmentToRevolvingCreditFacilityMember" abstract="true" name="SecondAmendmentToRevolvingCreditFacilityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_PaycheckProtectionProgramMember" abstract="true" name="PaycheckProtectionProgramMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_SofrIndexedInterestRateMember" abstract="true" name="SofrIndexedInterestRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_InterestRateDebtSwapMember" abstract="true" name="InterestRateDebtSwapMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_ProceedsFromSaleOfOtherRealEstateAndOtherRepossessedAssetsIncludingCashPaymentsCollected" abstract="false" name="ProceedsFromSaleOfOtherRealEstateAndOtherRepossessedAssetsIncludingCashPaymentsCollected" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_CommitmentsTable" abstract="true" name="CommitmentsTable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType"/>
  <xs:element id="buse_RiskParticipationAgreementPurchasedMember" abstract="true" name="RiskParticipationAgreementPurchasedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_PercentageOfRemainingLoanMaintainsGovernmentGuarantee" abstract="false" name="PercentageOfRemainingLoanMaintainsGovernmentGuarantee" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_EmployeeBenefitPlansDisclosureTextBlock" abstract="false" name="EmployeeBenefitPlansDisclosureTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_DistributionsLessThanInExcessOfNetIncomeLossOfSubsidiariesAbstract" abstract="true" name="DistributionsLessThanInExcessOfNetIncomeLossOfSubsidiariesAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_TotalCountOfDebtSecuritiesAvailableForSaleSecurities" abstract="false" name="TotalCountOfDebtSecuritiesAvailableForSaleSecurities" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="buse_FinancingReceivableAmortizedCostCaresAct" abstract="false" name="FinancingReceivableAmortizedCostCaresAct" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_PercentageOfTrustPreferredSecuritiesQualifiedAsTierOneCapital" abstract="false" name="PercentageOfTrustPreferredSecuritiesQualifiedAsTierOneCapital" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_CommonEquityRiskBasedRatiosAbstract" abstract="true" name="CommonEquityRiskBasedRatiosAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_CapitalRequiredToBeWellCapitalizedToRiskWeightedAssetsPercent" abstract="false" name="CapitalRequiredToBeWellCapitalizedToRiskWeightedAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_StockIssuedDuringPeriodValueEquityInstrumentsOtherThanOptionsVestedAndRelatedTaxBenefit" abstract="false" name="StockIssuedDuringPeriodValueEquityInstrumentsOtherThanOptionsVestedAndRelatedTaxBenefit" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_InterestIncomeExpenseTradingLiabilities" abstract="false" name="InterestIncomeExpenseTradingLiabilities" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_OperatingLeasePaymentsLiabilityReduction" abstract="false" name="OperatingLeasePaymentsLiabilityReduction" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_DeferredTaxLiabilitiesDeferredExpenseDeferredLoanOriginationCosts" abstract="false" name="DeferredTaxLiabilitiesDeferredExpenseDeferredLoanOriginationCosts" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_RetailOtherMember" abstract="true" name="RetailOtherMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_NoninterestExpensesMember" abstract="true" name="NoninterestExpensesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_RetailLoansMember" abstract="true" name="RetailLoansMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_RealEstateInForeclosure" abstract="false" name="RealEstateInForeclosure" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_SecuritiesEquityInvestmentsMember" abstract="true" name="SecuritiesEquityInvestmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_BusinessCombinationEquityConsiderationTransferredPercentage" abstract="false" name="BusinessCombinationEquityConsiderationTransferredPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:percentItemType"/>
  <xs:element id="buse_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacy" abstract="false" name="CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacy" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_InterestBearingTransactionDeposits" abstract="false" name="InterestBearingTransactionDeposits" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_FinancingReceivableFeesCaresAct" abstract="false" name="FinancingReceivableFeesCaresAct" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesReconciliationTableTextBlock" abstract="false" name="ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesReconciliationTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_AvailableForSaleAndHeldToMaturityDebtSecuritiesInUnrealizedLossPositionAbstract" abstract="true" name="AvailableForSaleAndHeldToMaturityDebtSecuritiesInUnrealizedLossPositionAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_JuniorSubordinatedDebtOwedToUnconsolidatedTrustsDisclosureAbstract" abstract="true" name="JuniorSubordinatedDebtOwedToUnconsolidatedTrustsDisclosureAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_InterestRateLockCommitmentsAndForwardSalesCommitmentsMember" abstract="true" name="InterestRateLockCommitmentsAndForwardSalesCommitmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_HeldToMaturityDebtSecuritiesInUnrealizedLossPositionAbstract" abstract="true" name="HeldToMaturityDebtSecuritiesInUnrealizedLossPositionAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssetsPercent" abstract="false" name="TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_TierOneLeverageCapitalToAverageAssetsPercent" abstract="false" name="TierOneLeverageCapitalToAverageAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_OtherRealEstateCashPaymentsCollected" abstract="false" name="OtherRealEstateCashPaymentsCollected" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_DeferredTaxLiabilitiesPurchaseAccountingAdjustments" abstract="false" name="DeferredTaxLiabilitiesPurchaseAccountingAdjustments" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsDividendEquivalentsEarnedWeightedAverageGrantDateFairValue" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsDividendEquivalentsEarnedWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:perShareItemType"/>
  <xs:element id="buse_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssetsPercent" abstract="false" name="TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_DefinedContributionPlanTypeDomain" abstract="true" name="DefinedContributionPlanTypeDomain" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_DepositsInterestBearingTransactionDepositsSavingDepositsAndMoneyMarketDeposits" abstract="false" name="DepositsInterestBearingTransactionDepositsSavingDepositsAndMoneyMarketDeposits" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_TreasuryStockPolicyPolicyTextBlock" abstract="false" name="TreasuryStockPolicyPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_InterestRateLoanSwapMember" abstract="true" name="InterestRateLoanSwapMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_ScheduleOfTimeDepositMaturitiesTableTextBlock" abstract="false" name="ScheduleOfTimeDepositMaturitiesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_AvailableForSaleSecuritiesInUnrealizedLossPositionsAsPercentageOfAggregateCarryingValue" abstract="false" name="AvailableForSaleSecuritiesInUnrealizedLossPositionsAsPercentageOfAggregateCarryingValue" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_EmployeeStockPurchasePlan2021Member" abstract="true" name="EmployeeStockPurchasePlan2021Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsDividendEquivalentEarnedInPeriod" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsDividendEquivalentEarnedInPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="buse_BusinessCombinationMixedConsiderationTransferredPerShareInCash" abstract="false" name="BusinessCombinationMixedConsiderationTransferredPerShareInCash" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="buse_TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssetsPercent" abstract="false" name="TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_DebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" abstract="false" name="DebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_LoansAndLeasesReceivableRelatedPartiesUnusedCommitments" abstract="false" name="LoansAndLeasesReceivableRelatedPartiesUnusedCommitments" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_SecuritiesInUnrealizedLossPositionsAsPercentageOfAggregateCarryingValue" abstract="false" name="SecuritiesInUnrealizedLossPositionsAsPercentageOfAggregateCarryingValue" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_DirectorAndExecutiveOfficerMember" abstract="true" name="DirectorAndExecutiveOfficerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_AssetsHeldInTrustPolicyTextBlock" abstract="false" name="AssetsHeldInTrustPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_ScheduleOfFiniteLivedIntangibleAssetsRollforwardTableTextBlock" abstract="false" name="ScheduleOfFiniteLivedIntangibleAssetsRollforwardTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_FairValueAdjustmentWeightedAverageRemainingLifeBalance" abstract="false" name="FairValueAdjustmentWeightedAverageRemainingLifeBalance" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_LoansAndLeasesReceivableLimitAboveWhichLoansAreProcessedThroughExpeditedUnderwritingProcess" abstract="false" name="LoansAndLeasesReceivableLimitAboveWhichLoansAreProcessedThroughExpeditedUnderwritingProcess" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdjustmentForPerformanceConditionsShares" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdjustmentForPerformanceConditionsShares" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="buse_ScheduleOfSecuritiesFinancingTransactionsAndShortTermDebtTableTextBlock" abstract="false" name="ScheduleOfSecuritiesFinancingTransactionsAndShortTermDebtTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_DeferredTaxAssetsUnrealizedLossOnEquitySecurities" abstract="false" name="DeferredTaxAssetsUnrealizedLossOnEquitySecurities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_JuniorSubordinatedDebtOwedToUnconsolidatedTrustsDisclosureTextBlock" abstract="false" name="JuniorSubordinatedDebtOwedToUnconsolidatedTrustsDisclosureTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_InvestmentsInNonBankingSubsidiaries" abstract="false" name="InvestmentsInNonBankingSubsidiaries" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_NetInterestIncomeForFeesNetOfDeferredCost" abstract="false" name="NetInterestIncomeForFeesNetOfDeferredCost" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ForeclosedAssetLossesAndExpenses" abstract="false" name="ForeclosedAssetLossesAndExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_DefinedContributionPlanSecondEmployerMatchingContributionPercentOfEmployeesGrossPay" abstract="false" name="DefinedContributionPlanSecondEmployerMatchingContributionPercentOfEmployeesGrossPay" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_InvestmentsInBankingSubsidiaries" abstract="false" name="InvestmentsInBankingSubsidiaries" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_TotalCountOfDebtSecurities" abstract="false" name="TotalCountOfDebtSecurities" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="buse_ScheduleOfCreditLossesRelatedToFinancingReceivablesCurrentAndNoncurrentByCategoryAndGeographicRegionTableTextBlock" abstract="false" name="ScheduleOfCreditLossesRelatedToFinancingReceivablesCurrentAndNoncurrentByCategoryAndGeographicRegionTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_AppraisalOfCollateralOrRealEstateListingPriceValuationTechniqueMember" abstract="true" name="AppraisalOfCollateralOrRealEstateListingPriceValuationTechniqueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_CommonEquityTierOneRiskBasedCapital" abstract="false" name="CommonEquityTierOneRiskBasedCapital" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_LoansAndLeasesReceivableLimitAboveWhichLoansAreAnnuallyReviewed" abstract="false" name="LoansAndLeasesReceivableLimitAboveWhichLoansAreAnnuallyReviewed" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_CapitalToRiskBasedRatiosAbstract" abstract="true" name="CapitalToRiskBasedRatiosAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_AccountingStandardsUpdate202302Member" abstract="true" name="AccountingStandardsUpdate202302Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_CumminsAmericanCorpMember" abstract="true" name="CumminsAmericanCorpMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_InterestRateSwapsPayFixedReceiveFloatingMember" abstract="true" name="InterestRateSwapsPayFixedReceiveFloatingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_CollateralDependentLoans" abstract="false" name="CollateralDependentLoans" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_AssetsPledgedAsCollateralFederalReserveBankMember" abstract="true" name="AssetsPledgedAsCollateralFederalReserveBankMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndOutstanding" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndOutstanding" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="buse_BusinessCombinationMixedConsiderationTransferredInShares" abstract="false" name="BusinessCombinationMixedConsiderationTransferredInShares" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="buse_DeferredStockUnitsMember" abstract="true" name="DeferredStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_MarketBasedPerformanceStockUnitsMember" abstract="true" name="MarketBasedPerformanceStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_WatchListMember" abstract="true" name="WatchListMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_TransferOfInvestmentSecuritiesAvailableForSaleToHeldToMaturity" abstract="false" name="TransferOfInvestmentSecuritiesAvailableForSaleToHeldToMaturity" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ScheduleOfRestructuredLoansTableTextBlock" abstract="false" name="ScheduleOfRestructuredLoansTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationToInterestIncomeBeforeTax" abstract="false" name="OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationToInterestIncomeBeforeTax" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_BusinessCombinationSharesReceived" abstract="false" name="BusinessCombinationSharesReceived" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="buse_DeferredTaxAssetsPurchaseAccountingAdjustments" abstract="false" name="DeferredTaxAssetsPurchaseAccountingAdjustments" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_TotalCountOfDebtSecuritiesHeldToMaturity" abstract="false" name="TotalCountOfDebtSecuritiesHeldToMaturity" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="buse_HeldForMaturitySecuritiesInUnrealizedLossPositionsAsPercentageOfAggregateCarryingValue" abstract="false" name="HeldForMaturitySecuritiesInUnrealizedLossPositionsAsPercentageOfAggregateCarryingValue" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_DefinedContributionPlanSecondEmployerMatchingContributionPercentOfSecondMatch" abstract="false" name="DefinedContributionPlanSecondEmployerMatchingContributionPercentOfSecondMatch" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_GainLossOnLifeInsuranceProceeds" abstract="false" name="GainLossOnLifeInsuranceProceeds" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_BusinessAcquisitionAggregateImpliedTransactionValue" abstract="false" name="BusinessAcquisitionAggregateImpliedTransactionValue" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_DebtSecuritiesUnrealizedLossPositionNumberOfPositions" abstract="false" name="DebtSecuritiesUnrealizedLossPositionNumberOfPositions" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="buse_BusinessCombinationConsiderationTransferredPerShareInCash" abstract="false" name="BusinessCombinationConsiderationTransferredPerShareInCash" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:perShareItemType"/>
  <xs:element id="buse_DefinedContributionPlanVestingPeriod" abstract="false" name="DefinedContributionPlanVestingPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="buse_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndOutstandingWeightedAverageGrantDateFairValue" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndOutstandingWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:perShareItemType"/>
  <xs:element id="buse_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssetsPercent" abstract="false" name="TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_CommonEquityTierOneRiskBasedCapitalAbstract" abstract="true" name="CommonEquityTierOneRiskBasedCapitalAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_DistributionsLessThanInExcessOfNetIncomeLossOfNonBankingSubsidiaries" abstract="false" name="DistributionsLessThanInExcessOfNetIncomeLossOfNonBankingSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_AvailableForSaleDebtSecuritiesInUnrealizedLossPositionAbstract" abstract="true" name="AvailableForSaleDebtSecuritiesInUnrealizedLossPositionAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_OneMonthLondonInterbankOfferedRateLiborMember" abstract="true" name="OneMonthLondonInterbankOfferedRateLiborMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_CommercialMember" abstract="true" name="CommercialMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_DefinedContributionPlanTypeAxis" abstract="true" name="DefinedContributionPlanTypeAxis" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:dimensionItem" type="xbrli:stringItemType"/>
  <xs:element id="buse_InvestmentsInSubsidiariesAbstract" abstract="true" name="InvestmentsInSubsidiariesAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_DerivativeSwapTypeVariableRate" abstract="false" name="DerivativeSwapTypeVariableRate" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_StockIssuedSharesStockOptionsExercisedNetOfTaxBenefitExpense" abstract="false" name="StockIssuedSharesStockOptionsExercisedNetOfTaxBenefitExpense" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="buse_RateModificationMember" abstract="true" name="RateModificationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_DebtSecuritiesHeldToMaturityUnrealizedLossPositionFairValueAbstract" abstract="true" name="DebtSecuritiesHeldToMaturityUnrealizedLossPositionFairValueAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_FinancingReceivableCreditQualityIndicatorsByOriginationTableTextBlock" abstract="false" name="FinancingReceivableCreditQualityIndicatorsByOriginationTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_StockIssuedDuringPeriodWarrantsExercisedNetOfSharesRedeemedAndTaxValue" abstract="false" name="StockIssuedDuringPeriodWarrantsExercisedNetOfSharesRedeemedAndTaxValue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_CapitalToRiskWeightedAssetsPercent" abstract="false" name="CapitalToRiskWeightedAssetsPercent" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_June12030MaturityMember" abstract="true" name="June12030MaturityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueAbstract" abstract="true" name="DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="buse_ScheduleOfDepositLiabilitiesTableTextBlock" abstract="false" name="ScheduleOfDepositLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_SalesOfOREO" abstract="false" name="SalesOfOREO" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_PaymentModificationMember" abstract="true" name="PaymentModificationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_IncomeLossFromContinuingOperationsBeforeDistributionFromSubsidiaries" abstract="false" name="IncomeLossFromContinuingOperationsBeforeDistributionFromSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_StockIssuedDuringPeriodSharesEquityInstrumentsOtherThanOptionsVestedAndRelatedTaxBenefit" abstract="false" name="StockIssuedDuringPeriodSharesEquityInstrumentsOtherThanOptionsVestedAndRelatedTaxBenefit" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="buse_ProceedsForPaymentsOfEquityMethodInvestments" abstract="false" name="ProceedsForPaymentsOfEquityMethodInvestments" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_FundedInvestmentsMember" abstract="true" name="FundedInvestmentsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_ShareBasedCompensationDiscountToMarketPricePercent" abstract="false" name="ShareBasedCompensationDiscountToMarketPricePercent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="buse_RiskParticipationAgreementSoldMember" abstract="true" name="RiskParticipationAgreementSoldMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="buse_ScheduleOfActivityRelatedToForeclosedAssetsTableTextBlock" abstract="false" name="ScheduleOfActivityRelatedToForeclosedAssetsTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_DeferredTaxAssetsLeaseLiabilities" abstract="false" name="DeferredTaxAssetsLeaseLiabilities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_DerivativeGainLossesOnDerivativePayFixedReceiveFloating" abstract="false" name="DerivativeGainLossesOnDerivativePayFixedReceiveFloating" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_ProceedsFromStockOptionsAndWarrantsExercised" abstract="false" name="ProceedsFromStockOptionsAndWarrantsExercised" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_RealEstateConstructionMember" abstract="true" name="RealEstateConstructionMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_LoansAndLeasesReceivableRelatedPartiesAdditionReductionDueToChangeInRelationship" abstract="false" name="LoansAndLeasesReceivableRelatedPartiesAdditionReductionDueToChangeInRelationship" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_CollateralDependentLoansMember" abstract="true" name="CollateralDependentLoansMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_ScheduleOfFiniteLivedIntangibleAssetsAndFutureAmortizationExpenseTableTextBlock" abstract="false" name="ScheduleOfFiniteLivedIntangibleAssetsAndFutureAmortizationExpenseTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="buse_BankingSegmentMember" abstract="true" name="BankingSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_PerformanceBasedPerformanceStockUnitsMember" abstract="true" name="PerformanceBasedPerformanceStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="buse_DividendIncomeOperatingNonBankingSubsidiaries" abstract="false" name="DividendIncomeOperatingNonBankingSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_AmortizationOfDiscountOnFederalHomeLoanBankAdvances" abstract="false" name="AmortizationOfDiscountOnFederalHomeLoanBankAdvances" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_GainLossOnSaleOfLoansNet" abstract="false" name="GainLossOnSaleOfLoansNet" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="buse_SafeHarborMatchExpenseMember" abstract="true" name="SafeHarborMatchExpenseMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
</xs:schema>
