UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 13F

FORM 13F COVER PAGE

Report for Calendar Year or Quarter ended: December 31, 2008

Check here if Amendment	( ) ;    Amendment Number:
This Amendment(Check only one.)( )is a restatment.
		                     ( )adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:		Wintrust Financial Corporation
Address:	727 North Bank Lane
		Lake Forest, IL 60045

13F file number:  028-10582

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:	Thomas P. Zidar
Title:	Chairman & CEO
Phone:	800-621-4477
Signature, Place and Date of Signing:

/S/  Thomas P. Zidar Chicago, IL  February 12, 2009

Report Type (Check only one.):

(x )	13F HOLDINGS REPORT.
(  )	13F NOTICE.
(  )	13F COMBINATION REPORT

List of other Managers Reporting for this Manager: 	Wayne Hummer Asset Mgmt Co.
							Wayne Hummer Trust Company



FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers: 2

Form 13F Information Table Entry Total:	542

Form 13F Information Table Value Total:	$326,683
List of Other Included Managers:  	Wayne Hummer Asset Mgmt Co.
					Wayne Hummer Trust Company



                                                                  FORM 13F INFORMATION TABLE
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
        NAME OF ISSUER          TITLE OF CLASS    CUSIP   (x$1000) PRN AMT  PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
                                                                                           
3M COMPANY                     com              88579Y101     1451    25217 SH       SOLE                    25182
                                                              1448    25166 SH       DEFINED 01              22967     1450      714
                                                                 6      100 SH       OTHER   01                100
ABBOTT LABORATORIES            com              002824100     6112   114528 SH       SOLE                   112580              1314
                                                              2917    54660 SH       DEFINED 01              49958     3618      450
                                                                13      250 SH       OTHER   01                250
ACCENTURE LTD BERMUDA          com              G1150G111      568    17320 SH       SOLE                    17270
                                                               182     5550 SH       DEFINED 01               4725      450      325
ADOBE SYSTEMS                  com              00724F101      705    33136 SH       SOLE                    33061
                                                              1001    47035 SH       DEFINED 01              45070     1490      400
AFC ENTERPRISES                com              00104Q107       45     9580 SH       SOLE                     9580
                                                                16     3460 SH       DEFINED 01               3460
AFLAC INC                      com              001055102     1214    26494 SH       SOLE                    26404                30
                                                              2126    46386 SH       DEFINED 01              44036     1510      780
                                                                15      325 SH       OTHER   01                325
AGCO CORP                      com              001084102      259    11000 SH       SOLE                    11000
                                                               123     5225 SH       DEFINED 01               5225
AGNICO EAGLE MINES LTD         com              008474108      257     5000 SH       SOLE                     5000
AIR PRODUCTS & CHEMICALS       com              009158106      355     7055 SH       SOLE                     7055
                                                               128     2545 SH       DEFINED 01               2545
ALBERTO CULVER CO NEW          com              013078100       25     1015 SH       SOLE                     1015
                                                               409    16674 SH       DEFINED 01              16674
ALEXANDRIA REAL ESTATE EQUITIE com              015271109      235     3900 SH       SOLE                     3900
                                                                30      500 SH       DEFINED 01                300       75      125
ALIGN TECHNOLOGY INC           com              016255101       87    10000 SH       SOLE                    10000
ALLIANT TECHSYSTEMS INC.       com              018804104        4       45 SH       SOLE                       45
                                                               288     3360 SH       DEFINED 01               3360
ALTRIA GROUP INC               com              02209S103       75     4992 SH       SOLE                     4992
                                                                76     5043 SH       DEFINED 01               3493     1550
AMERICAN ELECTRIC POWER        com              025537101      150     4500 SH       SOLE                     4500
                                                                41     1240 SH       DEFINED 01               1000      240
AMERICAN EXPRESS               com              025816109      196    10562 SH       SOLE                    10562
                                                               125     6725 SH       DEFINED 01               6185      540
                                                                 4      200 SH       OTHER   01                         200
AMERICAN TOWER CORP            com              029912201      587    20005 SH       SOLE                    19915                40
                                                               287     9800 SH       DEFINED 01               9450      300
AMERIGAS PARTNERS LP           com              030975106        8      300 SH       SOLE                      300
                                                               196     6950 SH       DEFINED 01               6950
AMGEN INC                      com              031162100      965    16706 SH       SOLE                    16676
                                                               297     5140 SH       DEFINED 01               3655     1355      100
                                                                 6      100 SH       OTHER   01                         100
ANADARKO PETROLEUM CORP        com              032511107      377     9771 SH       SOLE                     9771              1456
                                                                89     2300 SH       DEFINED 01               1300      500      500
APACHE                         com              037411105     1075    14420 SH       SOLE                    14420
                                                               580     7780 SH       DEFINED 01               7405      375
                                                                11      150 SH       OTHER   01                         150
APOLLO GROUP INC-CL A          com              037604105      485     6325 SH       SOLE                     6325
                                                                96     1250 SH       DEFINED 01               1150      100
APPLE INC                      com              037833100       93     1095 SH       SOLE                      995
                                                               272     3190 SH       DEFINED 01               3000      190
APPLIED MATERIALS              com              038222105       81     8000 SH       SOLE                     8000
                                                               328    32355 SH       DEFINED 01              31130     1225
AT & T INC                     com              00206R102     2993   105007 SH       SOLE                   104697              6645
                                                              2467    86554 SH       DEFINED 01              73845    11424     1165
                                                                11      400 SH       OTHER   01                400
AUTOMATIC DATA PROCESSING      com              053015103      224     5700 SH       SOLE                     5700
                                                               342     8682 SH       DEFINED 01               7632      900      150
BANK OF AMERICA CORP           com              060505104      503    35708 SH       SOLE                    35708
                                                               561    39838 SH       DEFINED 01              34662     4514      662
                                                                 4      275 SH       OTHER   01                275
BANK OF NEW YORK MELLON        com              064058100      426    15046 SH       SOLE                    15046
                                                               110     3894 SH       DEFINED 01               3200      694
BARD (C.R.) INC                com              067383109     1600    18985 SH       SOLE                    18945
                                                              1426    16925 SH       DEFINED 01              15800     1085
                                                                11      125 SH       OTHER   01                125
BAXTER INTERNATIONAL INC       com              071813109       63     1183 SH       SOLE                     1183
                                                               207     3855 SH       DEFINED 01               2700     1155
BB & T CORP                    com              054937107      423    15398 SH       SOLE                    15398
BERKSHIRE HATHAWAY INC CL B    com              084670207     1125      350 SH       SOLE                      350
                                                               315       98 SH       DEFINED 01                 95        3
BEST BUY INC                   com              086516101      413    14690 SH       SOLE                    14595                25
                                                               299    10637 SH       DEFINED 01              10217      250      100
BIOGEN IDEC INC                com              09062X103      322     6750 SH       SOLE                     6750
                                                                 7      155 SH       DEFINED 01                155
BJ'S WHOLESALE CLUB INC        com              05548J106      283     8260 SH       SOLE                     8185
                                                               298     8700 SH       DEFINED 01               8625
BLACKROCK INC                  com              09247X101      349     2600 SH       SOLE                     2600
                                                                27      200 SH       DEFINED 01                200
BMC SOFTWARE INC               com              055921100      392    14585 SH       SOLE                    14525
                                                               104     3860 SH       DEFINED 01               3800
BOEING                         com              097023105      450    10541 SH       SOLE                    10541              8091
                                                               163     3820 SH       DEFINED 01               3520      300
BP PLC                         com              055622104      835    17857 SH       SOLE                    17857
                                                              1610    34445 SH       DEFINED 01              20739    13042      664
                                                                14      300 SH       OTHER   01                300
BRISTOL MYERS SQUIBB           com              110122108      358    15400 SH       SOLE                    15200
                                                               349    15006 SH       DEFINED 01              11250     2900      856
                                                                 5      200 SH       OTHER   01
BURLINGTON NORTHERN SANTA FE C com              12189T104      473     6251 SH       SOLE                     6251              1216
                                                               115     1525 SH       DEFINED 01               1525
CATERPILLAR TRACTOR CO         com              149123101       55     1224 SH       SOLE                     1184
                                                               550    12315 SH       DEFINED 01              11975       50      250
CELGENE CORP                   com              151020104      606    10955 SH       SOLE                    10925                30
                                                               446     8070 SH       DEFINED 01               7710      360
                                                                 7      125 SH       OTHER   01                125
CEPHALON INC                   com              156708109      520     6750 SH       SOLE                     6725                25
                                                               536     6955 SH       DEFINED 01               6880                75
CHEVRONTEXACO                  com              166764100     3053    41271 SH       SOLE                    41196              2481
                                                              2264    30602 SH       DEFINED 01              29977      575
                                                                17      225 SH       OTHER   01                225
CHUBB CORP                     com              171232101      583    11425 SH       SOLE                    11425
                                                               181     3550 SH       DEFINED 01               3550
CHURCH & DWIGHT CO             com              171340102      275     4900 SH       SOLE                     4900
                                                                 8      150 SH       DEFINED 01                150
CISCO SYSTEMS                  com              17275R102     1675   102747 SH       SOLE                   102321                70
                                                              1810   111020 SH       DEFINED 01             102690     7370      800
                                                                 7      400 SH       OTHER   01                400
CITIGROUP                      com              172967101      127    18888 SH       SOLE                    18888
                                                               223    33200 SH       DEFINED 01              30049     2851      300
                                                                 2      300 SH       OTHER   01                200      100
CITRIX SYSTEMS INC             com              177376100       34     1445 SH       SOLE                     1445
                                                               179     7600 SH       DEFINED 01               7600
CLOROX                         com              189054109      291     5239 SH       SOLE                     5239
                                                               947    17040 SH       DEFINED 01              17040
                                                                 6      100 SH       OTHER   01                         100
COCA COLA                      com              191216100      617    13635 SH       SOLE                    13555
                                                               666    14711 SH       DEFINED 01              13431     1200
COLGATE PALMOLIVE              com              194162103      813    11864 SH       SOLE                    11864
                                                              1427    20821 SH       DEFINED 01              20346      475
COMCAST CORP CL A              com              20030N101      441    26109 SH       SOLE                    26109               324
                                                               150     8914 SH       DEFINED 01               8514      400
COMMERCE BANCSHARES INC        com              200525103      719    16365 SH       SOLE                    16334                31
                                                               373     8488 SH       DEFINED 01               8226      262
CONOCOPHILLIPS                 com              20825C104     2096    40457 SH       SOLE                    40207              1494
                                                              1750    33782 SH       DEFINED 01              31712     1490      530
                                                                32      620 SH       OTHER   01                420
CONSUMER DISCRETIONARY SELECT  com              81369Y407       47     2185 SH       SOLE                     1575
                                                               709    32860 SH       DEFINED 01              32657
                                                                 9      408 SH       OTHER   01
CONSUMER STAPLES SELECT SECTOR com              81369Y308      110     4625 SH       SOLE                     3348
                                                              1415    59296 SH       DEFINED 01              58834
                                                                19      815 SH       OTHER   01
COPYTELE INC                   com              217721109        4    10000 SH       SOLE                    10000
CORNING INC.                   com              219350105      196    20584 SH       SOLE                    20584
                                                                60     6301 SH       DEFINED 01               6201      100
COSTCO WHOLESALE               com              22160K105      799    15228 SH       SOLE                    15228
                                                               501     9535 SH       DEFINED 01               8830      505      200
COVANCE INC                    com              222816100      135     2935 SH       SOLE                     2935
                                                               436     9475 SH       DEFINED 01               9475
CSX CORP                       com              126408103      102     3132 SH       SOLE                     3132              3132
                                                               206     6350 SH       DEFINED 01               6350
CULLEN FROST BANKERS INC       com              229899109      310     6110 SH       SOLE                     6015                25
                                                               523    10310 SH       DEFINED 01              10040      200
                                                                 8      150 SH       OTHER   01                150
DELTA PETE CORP COM NEW        com              247907207       48    10000 SH       SOLE                    10000
DESERT HILLS CAPTIAL CORP      com              COM000050      151    20020 SH       SOLE                    20020
DEVON ENERGY CORPORATION NEW   com              25179M103      285     4330 SH       SOLE                     4330               130
                                                                82     1250 SH       DEFINED 01               1250
DISNEY (WALT) COMPANY          com              254687106      336    14825 SH       SOLE                    14705
                                                               688    30305 SH       DEFINED 01              28715     1370      100
                                                                11      500 SH       OTHER   01                500
DNP SELECT INCOME FD INC       com              23325P104     1964   319298 SH       SOLE                   319298
                                                              1000   162605 SH       DEFINED 01              96695    55100    10810
DOMINION RESOURCES             com              25746U109       54     1498 SH       SOLE                     1498
DOVER CORP                     com              260003108      475    14420 SH       SOLE                    14420
                                                               289     8775 SH       DEFINED 01               8375      400
                                                                 7      225 SH       OTHER   01                225
DOW CHEMICAL CO                com              260543103      209    13852 SH       SOLE                    13852
                                                               126     8336 SH       DEFINED 01               6965      675      696
E I DUPONT DE NEMOURS & CO     com              263534109      296    11693 SH       SOLE                    11693
                                                               210     8282 SH       DEFINED 01               7605      677
ECOLAB                         com              278865100      267     7605 SH       SOLE                     7605
                                                               622    17700 SH       DEFINED 01              16900      200      600
                                                                 7      200 SH       OTHER   01                200
EDISON INTERNATIONAL           com              281020107      529    16455 SH       SOLE                    16430                25
                                                                71     2200 SH       DEFINED 01               1450      750
ELI LILLY & CO                 com              532457108      248     6150 SH       SOLE                     6150
                                                               238     5910 SH       DEFINED 01               5410      500
EMERSON ELECTRIC               com              291011104      875    23906 SH       SOLE                    23856
                                                               643    17564 SH       DEFINED 01              16014     1300      200
                                                                 5      150 SH       OTHER   01                150
ENERGY SELECT SECTOR SPDR      com              81369Y506      188     3940 SH       SOLE                     3601
                                                               999    20910 SH       DEFINED 01              20706      100
                                                                11      236 SH       OTHER   01
ENSCO INTERNATIONAL            com              26874Q100      216     7595 SH       SOLE                     7595
                                                               359    12655 SH       DEFINED 01              12355      300
                                                                 9      300 SH       OTHER   01                300
EOG RESOURCES                  com              26875P101      251     3765 SH       SOLE                     3765
                                                               341     5120 SH       DEFINED 01               5120
EQUITY RESIDENTIAL PROPERTIES  com              29476L107      177     5930 SH       SOLE                     5830                30
                                                               336    11260 SH       DEFINED 01              10740      350      100
EXELON CORP                    com              30161N101      641    11518 SH       SOLE                    11518               500
                                                               528     9493 SH       DEFINED 01               9013      250      230
EXPRESS SCRIPTS CL A           com              302182100      515     9367 SH       SOLE                     9367
                                                               165     3010 SH       DEFINED 01               3010
EXXON MOBIL CORP               com              30231G102    15000   187897 SH       SOLE                   187782             76749
                                                              8118   101686 SH       DEFINED 01              88127    10295     3164
                                                                32      400 SH       OTHER   01                300      100
FASTENAL CO                    com              311900104      220     6325 SH       DEFINED 01               6025      300
FEDEX                          com              31428X106      498     7765 SH       SOLE                     7765
                                                               647    10085 SH       DEFINED 01               9245      490      350
                                                                13      200 SH       OTHER   01                100      100
FERRELLGAS PARTNERS LP         com              315293100      133     9050 SH       SOLE                     9050
                                                                98     6700 SH       DEFINED 01               6700
FINANCIAL SELECT SECTOR SPDR   com              81369Y605      137    10947 SH       SOLE                     8159
                                                              1675   133761 SH       DEFINED 01             132920
                                                                24     1947 SH       OTHER   01
FISERV                         com              337738108       29      797 SH       SOLE                      797
                                                               505    13895 SH       DEFINED 01              13895
                                                                 9      250 SH       OTHER   01                250
FORD MOTOR CO DEL              com              345370860       11     5000 SH       DEFINED 01               5000
FORTUNE BRANDS INC             com              349631101      307     7446 SH       SOLE                     7446              3520
                                                               322     7797 SH       DEFINED 01               7347      300      150
FPL GROUP                      com              302571104     1707    33920 SH       SOLE                    33920
                                                              1703    33843 SH       DEFINED 01              29333     2660     1850
                                                                23      450 SH       OTHER   01                250      200
GENERAL DYNAMICS               com              369550108      488     8474 SH       SOLE                     8474
                                                                35      600 SH       DEFINED 01                200      400
GENERAL ELECTRIC CO            com              369604103     1963   121182 SH       SOLE                   120734
                                                              2692   166158 SH       DEFINED 01             145811    16833     3364
                                                                16     1000 SH       OTHER   01                800      200
GENERAL MILLS                  com              370334104      832    13698 SH       SOLE                    13638
                                                               670    11024 SH       DEFINED 01              10569      225      170
GENZYME GENERAL                com              372917104      255     3835 SH       SOLE                     3815
                                                               210     3170 SH       DEFINED 01               2950      100      100
GERBER SCIENTIFIC INC          com              373730100       41     8070 SH       SOLE                     8070
                                                                16     3210 SH       DEFINED 01               3210
GOLDMAN SACHS GROUP INC        com              38141G104      750     8882 SH       SOLE                     8862
                                                               957    11335 SH       DEFINED 01              10120      920      275
                                                                 6       75 SH       OTHER   01                 75
GOOGLE INC                     com              38259P508      657     2135 SH       SOLE                     2130
                                                               642     2087 SH       DEFINED 01               2030       52
                                                                 5       15 SH       OTHER   01                 15
HAIN CELESTIAL GROUP           com              405217100       75     3950 SH       SOLE                     3950
                                                               446    23375 SH       DEFINED 01              23075      100      200
HALLIBURTON CO                 com              406216101       29     1575 SH       SOLE                     1495
                                                               384    21122 SH       DEFINED 01              20037      305      700
HERSHEY FOODS                  com              427866108      264     7600 SH       SOLE                     7600
                                                               382    11000 SH       DEFINED 01              11000
HESS CORP                      com              42809H107       84     1564 SH       SOLE                     1564               929
                                                               181     3375 SH       DEFINED 01               3375
HEWLETT PACKARD                com              428236103     1429    39380 SH       SOLE                    39250                40
                                                              1221    33655 SH       DEFINED 01              31840     1225      500
                                                                13      350 SH       OTHER   01                350
HJ HEINZ                       com              423074103      649    17273 SH       SOLE                    17273
                                                               432    11498 SH       DEFINED 01              10848      650
                                                                 6      150 SH       OTHER   01                150
HOME DEPOT                     com              437076102      156     6770 SH       SOLE                     6770
                                                               118     5142 SH       DEFINED 01               3652     1490
HONEYWELL INTERNATIONAL        com              438516106      407    12411 SH       SOLE                    12411
                                                                14      430 SH       DEFINED 01                430
ILLINOIS TOOL WORKS            com              452308109      139     3978 SH       SOLE                     3978
                                                               477    13604 SH       DEFINED 01              13404               200
                                                                 5      150 SH       OTHER   01                         150
INDUSTRIAL SELECT SECTOR SPDR  com              81369Y704       86     3668 SH       SOLE                     2636
                                                              1203    51347 SH       DEFINED 01              51024
                                                                17      709 SH       OTHER   01
INTEL CORP                     com              458140100     1319    89997 SH       SOLE                    89762
                                                              1411    96233 SH       DEFINED 01              93648      925     1425
                                                                 8      525 SH       OTHER   01                525
INTERNATIONAL BUSINESS MACHINE com              459200101     1746    20748 SH       SOLE                    20708
                                                              2077    24684 SH       DEFINED 01              20755     3300      589
                                                                11      125 SH       OTHER   01                125
JOHNSON & JOHNSON              com              478160104     3735    62428 SH       SOLE                    62258
                                                              4004    66928 SH       DEFINED 01              59494     5039     2325
                                                                31      525 SH       OTHER   01                425
JOHNSON CONTROLS INC           com              478366107      286    15730 SH       SOLE                    15730
                                                               186    10245 SH       DEFINED 01               9645      600
JPMORGAN CHASE & CO            com              46625H100     1214    38514 SH       SOLE                    38409
                                                              1409    44691 SH       DEFINED 01              34516    10070
                                                                 9      300 SH       OTHER   01                300
KIMBERLY CLARK                 com              494368103      200     3796 SH       SOLE                     3796
                                                               378     7160 SH       DEFINED 01               5696      400     1064
KRAFT FOODS INC CLA            com              50075N104       49     1828 SH       SOLE                     1628
                                                                80     2987 SH       DEFINED 01               2295      692
                                                                 5      200 SH       OTHER   01
LANDSTAR SYSTEMS INC           com              515098101       16      410 SH       SOLE                      410
                                                               310     8054 SH       DEFINED 01               8054
LIFE TECHNOLOGIES CORP         com              53217V109      380    16295 SH       SOLE                    16295
                                                               273    11730 SH       DEFINED 01              11730
                                                                 5      200 SH       OTHER   01                200
LOCKHEED MARTIN                com              539830109      884    10508 SH       SOLE                    10468
                                                              1356    16130 SH       DEFINED 01              14865     1225
                                                                11      125 SH       OTHER   01                125
LOWES COMPANIES                com              548661107      213     9880 SH       SOLE                     9880
                                                               361    16795 SH       DEFINED 01              15965      830
MARATHON OIL CORP              com              565849106      215     7870 SH       SOLE                     7870
                                                                 4      140 SH       DEFINED 01                140
MATERIALS SELECT SECTOR SPDR   com              81369Y100      407    17903 SH       SOLE                    17753
                                                               702    30858 SH       DEFINED 01              28373     1735      600
                                                                16      700 SH       OTHER   01                700
MCCORMICK & CO INC NON-VOTING  com              579780206      135     4225 SH       SOLE                     4225
                                                               243     7630 SH       DEFINED 01               7405      225
MCDONALDS CORP                 com              580135101     3083    49581 SH       SOLE                    49521
                                                              2962    47636 SH       DEFINED 01              42856     3920      800
                                                                17      275 SH       OTHER   01                275
MCKESSON HBOC INC              com              58155Q103      508    13125 SH       SOLE                    13095                30
                                                               244     6310 SH       DEFINED 01               5920      390
                                                                 4      100 SH       OTHER   01                100
MEDTRONIC INC                  com              585055106      622    19791 SH       SOLE                    19791
                                                               536    17075 SH       DEFINED 01              14745     1830      500
                                                                 3      100 SH       OTHER   01                         100
MERCK & CO INC                 com              589331107      820    26990 SH       SOLE                    25425              1445
                                                               950    31255 SH       DEFINED 01              30520      255      360
                                                                 7      225 SH       OTHER   01                225
METLIFE INC                    com              59156R108      496    14220 SH       SOLE                    14200                20
                                                               592    16993 SH       DEFINED 01              16443      400      150
MICROSOFT CORP                 com              594918104     1599    82265 SH       SOLE                    82100
                                                              1763    90691 SH       DEFINED 01              86411     2715     1400
                                                                11      550 SH       OTHER   01                550
MSC INDUSTRIAL DIRECT          com              553530106        6      150 SH       SOLE                      150
                                                               274     7450 SH       DEFINED 01               7450
NATIONAL SEMICONDUCTOR         com              637640103       32     3130 SH       SOLE                     3130
                                                                84     8350 SH       DEFINED 01               8350
                                                                 3      300 SH       OTHER   01                300
NESTLE SA-SPONSORED ADR REPSTG com              641069406      264     6637 SH       DEFINED 01               5262      375     1000
NICOR INC                      com              654086107       34      975 SH       SOLE                      975
                                                               174     5000 SH       DEFINED 01               5000
NIKE, INC CL B                 com              654106103      453     8875 SH       SOLE                     8875
                                                               526    10320 SH       DEFINED 01              10145               175
NOBLE CORP                     com              G65422100      370    16745 SH       SOLE                    16655                40
                                                               270    12225 SH       DEFINED 01              11755      420
NORFOLK SOUTHERN CORP          com              655844108      591    12565 SH       SOLE                    12505
                                                               336     7145 SH       DEFINED 01               6710      375
                                                                11      225 SH       OTHER   01                225
NORTHERN STATES FINANCIAL CORP com              665751103       48    12000 SH       SOLE                    12000
NORTHERN TRUST CORP            com              665859104      624    11967 SH       SOLE                    11912
                                                              1865    35766 SH       DEFINED 01              33625     1936      150
                                                                17      330 SH       OTHER   01                200      130
NORTHROP GRUMMAN               com              666807102      356     7900 SH       SOLE                     7900
                                                                 7      150 SH       DEFINED 01                150
NSTAR                          com              67019E107       94     2586 SH       SOLE                     2586
                                                               120     3295 SH       DEFINED 01               3295
NUCOR CORP                     com              670346105       52     1130 SH       SOLE                     1105                25
                                                               148     3210 SH       DEFINED 01               3210
OCCIDENTAL PETROLEUM           com              674599105      650    10835 SH       SOLE                    10795
                                                               940    15663 SH       DEFINED 01              14653      645      325
OMNICOM GROUP                  com              681919106      410    15229 SH       SOLE                    15114                40
                                                               224     8310 SH       DEFINED 01               7985      250
ORACLE                         com              68389X105      683    38542 SH       SOLE                    38442               100
                                                               449    25348 SH       DEFINED 01              25048      300
OWENS & MINOR INC              com              690732102        5      135 SH       SOLE                      135
                                                               422    11200 SH       DEFINED 01              10550      650
OWENS-ILLINOIS INC             com              690768403      177     6490 SH       SOLE                     6490
                                                                94     3450 SH       DEFINED 01               3450
PACTIV CORP                    com              695257105      355    14250 SH       DEFINED 01              14250
PAYCHEX, INC                   com              704326107      103     3910 SH       SOLE                     3910
                                                               363    13806 SH       DEFINED 01              13006      800
PEPSICO INC                    com              713448108     4212    76911 SH       SOLE                    76911
                                                              3849    70273 SH       DEFINED 01              64458     4920      895
                                                                27      500 SH       OTHER   01                400      100
PFIZER                         com              717081103      993    56074 SH       SOLE                    55734
                                                              1234    69700 SH       DEFINED 01              63650     5950      100
                                                                 4      200 SH       OTHER   01                         200
PHILIP MORRIS INTERNATIONAL IN com              718172109      534    12267 SH       SOLE                    12217
                                                               288     6608 SH       DEFINED 01               4643     1915
                                                                11      250 SH       OTHER   01                250
PIEDMONT NATURAL GAS           com              720186105        5      165 SH       SOLE                      165
                                                               249     7875 SH       DEFINED 01               7875
PNC BANK CORP.                 com              693475105      350     7135 SH       SOLE                     7135
                                                                63     1280 SH       DEFINED 01               1180      100
PPG INDUSTRIES INC             com              693506107       40      940 SH       SOLE                      940
                                                               208     4900 SH       DEFINED 01               4900
PRICE T ROWE GROUP INC         com              74144T108      152     4275 SH       SOLE                     4275
                                                               282     7970 SH       DEFINED 01               7300      270      400
PROCTER & GAMBLE               com              742718109     2857    46211 SH       SOLE                    45936
                                                              3082    49847 SH       DEFINED 01              40540     8757      475
                                                                12      200 SH       OTHER   01                200
PUBLIC SERVICE ENTERPRISE GROU com              744573106      408    13995 SH       SOLE                    13995
                                                               221     7580 SH       DEFINED 01               7580
QUALCOMM                       com              747525103      507    14155 SH       SOLE                    14155
                                                              1130    31550 SH       DEFINED 01              27805     3595      150
                                                                13      350 SH       OTHER   01                150      200
QUEST DIAGNOSTICS INC          com              74834L100      464     8936 SH       SOLE                     8936
                                                               434     8360 SH       DEFINED 01               7140      920      300
                                                                 5      100 SH       OTHER   01                100
RAYMOND JAMES FINANCIAL        com              754730109        5      290 SH       SOLE                      290
                                                               188    10950 SH       DEFINED 01              10950
RAYTHEON CO NEW                com              755111507      272     5322 SH       SOLE                     5322               147
                                                               166     3250 SH       DEFINED 01               3250
ROYAL DUTCH SHELL PLC A        com              780259206      742    14025 SH       SOLE                    14025
                                                               455     8600 SH       DEFINED 01               8600
                                                                 5      100 SH       OTHER   01                100
RPM INTL CORP                  com              749685103       89     6704 SH       SOLE                     6704
                                                               413    31069 SH       DEFINED 01              30913      156
SARA LEE                       com              803111103        1       80 SH       DEFINED 01                 80
SCHLUMBERGER                   com              806857108      180     4256 SH       SOLE                     4256
                                                               844    19945 SH       DEFINED 01              19420      525
SCRIPPS NETWORKS INTERACTVIE   com              811065101      110     5005 SH       SOLE                     5005
                                                               273    12400 SH       DEFINED 01              12150      250
SEMPRA ENERGY INC              com              816851109       96     2250 SH       SOLE                     2250
                                                               153     3600 SH       DEFINED 01               3150      450
SHUFFLE MASTER INC             com              825549108      149    30000 SH       SOLE                    30000
SOUTHERN COMPANY               com              842587107      544    14713 SH       SOLE                    14713
                                                                83     2250 SH       DEFINED 01                800              1450
STANLEY WORKS                  com              854616109       54     1585 SH       SOLE                     1585
                                                               385    11300 SH       DEFINED 01              11000      200      100
STARBUCKS CORP                 com              855244109       17     1800 SH       SOLE                     1800
                                                               100    10600 SH       DEFINED 01               9900      700
STERICYCLE                     com              858912108      523    10050 SH       SOLE                    10050
                                                              2056    39475 SH       DEFINED 01              38095      830      550
                                                                10      200 SH       OTHER   01                         200
STRYKER CORP                   com              863667101      975    24395 SH       SOLE                    24395
                                                              1099    27507 SH       DEFINED 01              24432     1800     1275
                                                                 4      100 SH       OTHER   01                100
SYMANTEC CORP                  com              871503108      135     9950 SH       SOLE                     9950
                                                                34     2550 SH       DEFINED 01               2550
                                                                 5      350 SH       OTHER   01                350
SYNOPSYS INC                   com              871607107        3      180 SH       SOLE                      180
                                                               222    11965 SH       DEFINED 01              11965
SYSCO                          com              871829107      191     8325 SH       SOLE                     8325
                                                               190     8290 SH       DEFINED 01               4865     1575     1850
TARGET                         com              87612E106      885    25624 SH       SOLE                    25420               204
                                                               829    23994 SH       DEFINED 01              21614     1780      600
                                                                 3      100 SH       OTHER   01                100
TECHNOLOGY SELECT SECTOR SPDR  com              81369Y803      423    27450 SH       SOLE                    24794
                                                              2294   148846 SH       DEFINED 01             145827     1425      750
                                                                28     1812 SH       OTHER   01
TELULAR CORP                   com              87970T208       26    19975 SH       SOLE                    19975
TEVA PHARMACEUTICAL INDUSTRIES com              881624209      379     8900 SH       SOLE                     8900
                                                               229     5378 SH       DEFINED 01               4728      650
TEXTRON                        com              883203101      148    10664 SH       SOLE                    10664
                                                                56     4064 SH       DEFINED 01               4064
THE LITTLE BANK INC            com              53700P106      305    23921 SH       SOLE                    23921
THERMO FISHER SCIENTIFIC       com              883556102       17      505 SH       SOLE                      440
                                                               489    14361 SH       DEFINED 01              14296
TRACTOR SUPPLY                 com              892356106        5      150 SH       SOLE                      150
                                                               300     8300 SH       DEFINED 01               8300
TRAVELERS COS INC              com              89417E109      470    10400 SH       SOLE                    10400
                                                                 5      100 SH       DEFINED 01                100
UCBH HOLDINGS                  com              90262T308       54     7800 SH       SOLE                     7800
                                                               119    17290 SH       DEFINED 01              17290
UNION PACIFIC CORP             com              907818108      326     6810 SH       SOLE                     6810              3780
                                                               354     7404 SH       DEFINED 01               7204               200
UNITED BANKSHARES INC WEST V   com              909907107      274     8250 SH       SOLE                     8250
UNITED TECHNOLOGIES            com              913017109     1079    20132 SH       SOLE                    20072
                                                               510     9517 SH       DEFINED 01               8440      817      200
                                                                 3       50 SH       OTHER   01                 50
UNITEDHEALTH GROUP             com              91324P102      433    16287 SH       SOLE                    16142                35
                                                               183     6865 SH       DEFINED 01               5405     1350
US BANCORP                     com              902973304     1346    53807 SH       SOLE                    53807
                                                               422    16875 SH       DEFINED 01              16425               450
UTILITIES SELECT SECTOR SPDR   com              81369Y886      128     4415 SH       SOLE                     4240
                                                               593    20425 SH       DEFINED 01              19230      350      670
                                                                18      625 SH       OTHER   01                625
VERIZON COMMUNICATIONS         com              92343V104      974    28738 SH       SOLE                    27767              3813
                                                              1199    35372 SH       DEFINED 01              30733     4189      450
                                                                 8      250 SH       OTHER   01                250
WAL-MART STORES                com              931142103     1498    26722 SH       SOLE                    26672
                                                              1537    27416 SH       DEFINED 01              26466      750      150
                                                                15      275 SH       OTHER   01                175      100
WALGREEN                       com              931422109     1945    78857 SH       SOLE                    78517
                                                              1377    55809 SH       DEFINED 01              46917     8542      350
                                                                10      400 SH       OTHER   01                200      200
WELLPOINT INC                  com              94973V107      212     5040 SH       SOLE                     5040
                                                               668    15855 SH       DEFINED 01              15005      300      550
                                                                 6      150 SH       OTHER   01                150
WELLS FARGO & CO NEW           com              949746101     2195    74447 SH       SOLE                    74297
                                                              2514    85275 SH       DEFINED 01              79150     5275      700
                                                                12      400 SH       OTHER   01                400
WEST SUBURBAN BANCORP, INC.    com              959000993      379      537 SH       DEFINED 01                         537
WINDSTREAM CORP                com              97381W104       99    10751 SH       SOLE                    10751
                                                                 4      464 SH       DEFINED 01                206      258
WINTRUST FINANCIAL             com              97650W108     1200    58336 SH       SOLE                    58336
                                                              1170    56876 SH       DEFINED 01              22595    17789    16492
WYETH                          com              983024100      702    18720 SH       SOLE                    18720
                                                              1701    45358 SH       DEFINED 01              42358     3000
                                                                 4      100 SH       OTHER   01                         100
YUM BRANDS INC                 com              988498101      319    10112 SH       SOLE                    10112
                                                               236     7500 SH       DEFINED 01               7200      300
Z-TRIM HOLDINGS INC            com              988924106      100  4000000 SH       SOLE                  4000000
ZIMMER HOLDINGS                com              98956P102      357     8820 SH       SOLE                     8820
                                                                28      683 SH       DEFINED 01                533      150
FRANKLIN INCOME FUND C                          353496805      170 101120.974SH      SOLE               101120.974
WAYNE HUMMER SMALL CAP CORE FU                  66537T166      629 55009.158SH       SOLE                55009.158
ISHARES RUSSELL 1000 GROWTH FU com              464287614     1885    50869 SH       SOLE                    50869
                                                              3168    85492 SH       DEFINED 01              85492
ISHARES RUSSELL 1000 VALUE FUN com              464287598     2203    44479 SH       SOLE                    44479
                                                              3265    65934 SH       DEFINED 01              65584      350
ISHARES RUSSELL 2000 GROWTH IN com              464287648      212     4172 SH       SOLE                     4172
                                                              1384    27209 SH       DEFINED 01              27134       75
ISHARES RUSSELL 2000 VALUE IND com              464287630     1177    23943 SH       SOLE                    23943
                                                              2379    48388 SH       DEFINED 01              48088      300
ISHARES RUSSELL 3000 INDEX FD  com              464287689      426     8200 SH       SOLE                     8200
                                                                58     1115 SH       DEFINED 03 01            1115
ISHARES RUSSELL MIDCAP GROWTH  com              464287481      914    29225 SH       SOLE                    29225
                                                              1100    35155 SH       DEFINED 01              35155
ISHARES RUSSELL MIDCAP VALUE I com              464287473     1308    45983 SH       SOLE                    45983
                                                              1196    42038 SH       DEFINED 01              42038
ISHARES S&P 500 GROWTH INDEX F com              464287309      662    14725 SH       SOLE                    14725
                                                               561    12480 SH       DEFINED 01              11555      625      300
ISHARES S&P 500 INDEX FUND     com              464287200     1876    20773 SH       SOLE                    20773
                                                               844     9350 SH       DEFINED 01               7585     1765
                                                                 6       65 SH       OTHER   01                 65
ISHARES S&P 500 VALUE INDEX    com              464287408      111     2450 SH       SOLE                     2450
                                                               136     3020 SH       DEFINED 01               3020
ISHARES S&P MIDCAP 400 GROWTH  com              464287606      460     8291 SH       SOLE                     7850
                                                              1607    28984 SH       DEFINED 01              28441      450
                                                                19      349 SH       OTHER   01
ISHARES S&P MIDCAP 400 VALUE I com              464287705      134     2671 SH       SOLE                     2227
                                                              1422    28275 SH       DEFINED 01              28167
                                                                17      335 SH       OTHER   01
ISHARES S&P SMALLCAP 600 INDEX com              464287804     1216    27663 SH       SOLE                    27663      150
                                                               903    20545 SH       DEFINED 01              16755     2460     1330
                                                                 9      200 SH       OTHER   01                200
ISHARES S&P-SMALL CAP 600 GRWT com              464287887      514    11536 SH       SOLE                    11204
                                                               909    20396 SH       DEFINED 01              20336
                                                                12      272 SH       OTHER   01
ISHARES S&P-SMALL CAP 600 VALU com              464287879      200     4109 SH       SOLE                     3848
                                                               806    16571 SH       DEFINED 01              16513
                                                                10      203 SH       OTHER   01
ISHARES TR DOW JONES SEL DIVID com              464287168      381     9235 SH       SOLE                     9235
                                                                85     2070 SH       DEFINED 01               1250      820
ISHARES TR DOW JONES US HEALTH com              464287762      176     3285 SH       SOLE                     2599
                                                              1743    32461 SH       DEFINED 01              32224
                                                                24      449 SH       OTHER   01
ISHARES TR MSCI EAFE INDEX FUN com              464287465     7619   169841 SH       SOLE                   168803      350      100
                                                              8101   180584 SH       DEFINED 01 03          165131    11761     3280
                                                               190     4230 SH       OTHER   01               3705
ISHARES TR MSCI EMERGING MKTS  com              464287234      830    33259 SH       SOLE                    33259      150
                                                               733    29348 SH       DEFINED 01 03           25373     3975
                                                                16      650 SH       OTHER   01                650
ISHARES TR RUSSELL 1000        com              464287622      334     6837 SH       SOLE                     6837
ISHARES TR RUSSELL 2000 INDEX  com              464287655      893    18144 SH       SOLE                    17344
                                                               747    15170 SH       DEFINED 01              13670      700
                                                                30      600 SH       OTHER   01                600
ISHARES TR RUSSELL MIDCAP      com              464287499      412     6898 SH       SOLE                     5998
                                                               554     9275 SH       DEFINED 01               8375
                                                                85     1425 SH       OTHER   01               1425
ISHARES TR-S&P MIDCAP 400 INDE com              464287507     2068    38769 SH       SOLE                    38519               250
                                                              1130    21180 SH       DEFINED 01              16790     3020     1370
ISHARES TRUST DOW JONES US CON com              464287580       18      423 SH       SOLE                      305
                                                               259     6125 SH       DEFINED 01               6086
                                                                 3       79 SH       OTHER   01
ISHARES TRUST DOW JONES US TEL com              464287713       50     3021 SH       SOLE                     2169
                                                               712    43177 SH       DEFINED 01              42903
                                                                10      578 SH       OTHER   01
ISHARES TRUST DOW JONES US UTI com              464287697       24      339 SH       SOLE                      242
                                                               333     4803 SH       DEFINED 01               4771
                                                                 4       65 SH       OTHER   01
S&P DEPOSITORY RECEIPTS-SPDR   com              78462F103     3030    33575 SH       SOLE                    33575      450
                                                               593     6574 SH       DEFINED 01               4439     2135
                                                                36      400 SH       OTHER   01                400
STANDARD & POORS MIDCAP 400 DE com              595635103     2967    30541 SH       SOLE                    30541      100
                                                              1309    13473 SH       DEFINED 01              10813     2660
                                                                15      150 SH       OTHER   01                150
VANGUARD EMERGING MARKETS ETF  com              922042858       45     1910 SH       SOLE                     1510
                                                               392    16625 SH       DEFINED 01              14425     1800
VANGUARD EUROPE PACIFIC ETF    com              921943858      176     6400 SH       SOLE                     4400
                                                              1883    68555 SH       DEFINED 01              63755     2800
KINDER MORGAN ENERGY PARTNERS                   494550106      112     2450 SH       SOLE                     2450
                                                               105     2287 SH       DEFINED 01               2287