Item 8.01Other Events.

On December 14, 2012, the board of directors of First Busey Corporation (the "Company") declared a quarterly cash dividend of $0.04 per share on the Company's common stock and an additional cash dividend of $0.04 per share. The combined dividend of $0.08 per share will be paid on December 31, 2012 to shareholders of record as of December 24, 2012. The quarterly dividend is intended by the Board to be an acceleration of the regular quarterly dividend the Company otherwise would have declared in January 2013.

As announced in 2008, the Board authorized the repurchase of 1,000,000 shares of common stock. The Company's repurchase plan has no expiration date and is active until all the shares are repurchased or action is taken by the board of directors to discontinue the plan. The plan has not been discontinued to date, and as of December 14, 2012, 895,655 shares remained authorized for repurchase.