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, 2005	

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 Corp.
Address:	727 North Bank Lane			
		Lake Forest, IL 60045				
			

13F file number:  28-10582	  

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:		James F. Duca	
Title:		Executive Vice President
Phone:		1-800-621-4477
Signature, Place and Date of Signing: 

/S/  Thomas J. Rowland Chicago, IL  February 9, 2005
Report Type (Check only one.):
 
(x )	13F HOLDINGS REPORT. 		
(  )	13F NOTICE.  
(  )	13F COMBINATION REPORT

List of other Managers Reporting for this Manager: None



FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers: 0	

Form 13F Information Table Entry Total:	467

Form 13F Information Table Value Total:	$927,455,000
List of Other Included Managers: None




                                                                  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 CO                          com              88579Y101     2353    28676 SH       SOLE                    27901               775
                                                              4306    52470 SH       DEFINED 01              23865     2550    26055
                                                                33      400 SH       OTHER   01                                  400
ABBOTT LABORATORIES            com              002824100     3726    79872 SH       SOLE                    79719               153
                                                              2977    63825 SH       DEFINED 01              39232             24593
                                                               103     2200 SH       OTHER   01                                 2200
ACTIVISION INC NEW             com              004930202      304    15070 SH       DEFINED 01              15070        
ADOBE SYSTEMS                  com              00724F101      863    13761 SH       SOLE                    13296               465
                                                              2287    36445 SH       DEFINED 01               7145     2775    26525
                                                                25      400 SH       OTHER   01                                  400
AETNA                          com              00817Y108      356     2850 SH       SOLE                      150              2700
                                                               109      875 SH       DEFINED 01                875        
AFLAC                          com              001055102      742    18630 SH       SOLE                    18225               405
                                                              2578    64720 SH       DEFINED 01               5041     5400    54279
                                                                12      300 SH       OTHER   01                                  300
ALBERTO CULVER CO CL B CONV    com              013068101      817    16829 SH       DEFINED 01              16829        
ALLSTATE CORP.                 com              020002101      365     7062 SH       DEFINED 01               7062        
ALLTEL                         com              020039103     1322    22495 SH       SOLE                    18095              4400
                                                              2466    41959 SH       DEFINED 01              40009      250     1700
ALTRIA GROUP INC F/K/A PHILLIP com              02209S103      526     8615 SH       SOLE                     8615                 
                                                               782    12801 SH       DEFINED 01              12801        
AMBAC FINANCIAL GROUP          com              023139108     1659    20196 SH       SOLE                    20141                55
                                                              1372    16700 SH       DEFINED 01               2120     1400    13180
                                                                21      250 SH       OTHER   01                                  250
AMERICAN EXPRESS               com              025816109     1724    30584 SH       SOLE                    27084      200     3300
                                                              2156    38244 SH       DEFINED 01              12996     2875    22373
                                                                11      200 SH       OTHER   01                                  200
AMERICAN INTERNATIONAL GROUP I com              026874107     4232    64448 SH       SOLE                    58228       20     6200
                                                              5009    76281 SH       DEFINED 01              30457     4366    41458
                                                                43      650 SH       OTHER   01                                  650
AMERICAN ITALIAN PASTA CO CL A com              027070101     3438   147886 SH       DEFINED 01             147886        
AMERIGAS PARTNERS LP           com              030975106        9      300 SH       SOLE                      300                 
                                                               206     6950 SH       DEFINED                  6950        
AMGEN INC                      com              031162100     3221    50210 SH       SOLE                    49545      140      525
                                                              3591    55983 SH       DEFINED 01              20358     3315    32310
                                                                26      400 SH       OTHER   01                                  400
AMSOUTH BANCORPORATION         com              032165102      219     8472 SH       DEFINED 01               8472        
ANALOG DEVICES                 com              032654105      401    10855 SH       SOLE                     4755              6100
                                                                 5      130 SH       DEFINED                   130        
ANHEUSER BUSCH                 com              035229103      216     4265 SH       SOLE                      800              3465
                                                               397     7835 SH       DEFINED 01               4835              3000
APACHE                         com              037411105     1863    36842 SH       SOLE                    36692      150        
                                                              3003    59390 SH       DEFINED 01              55990      100     3300
APPLIED MATERIALS              com              038222105      805    47090 SH       SOLE                    46990               100
                                                             13341   780165 SH       DEFINED 01             779820      345
AUTOMATIC DATA PROCESSING      com              053015103       75     1700 SH       SOLE                     1700                 
                                                               504    11375 SH       DEFINED 01               9850      800      725
AVERY DENNISON                 com              053611109      990    16505 SH       SOLE                    16505                 
                                                             15604   260190 SH       DEFINED 01             259315      425      450
BALL CORP                      com              058498106      761    17300 SH       DEFINED 01              17300        
BANK OF AMERICA                com              060505104      578    12299 SH       SOLE                     5999              6300
                                                              1285    27339 SH       DEFINED 01              25465     1174      700
BARD (C.R.) INC                com              067383109      427     6670 SH       DEFINED 01               6670        
BAXTER INTERNATIONAL INC       com              071813109      258     7477 SH       SOLE                     7477                 
                                                               258     7482 SH       DEFINED 01               3882              3600
BELLSOUTH                      com              079860102      324    11668 SH       SOLE                    11468               200
                                                               674    24240 SH       DEFINED 01              22008              2232
BERKSHIRE HATHAWAY INC CL B    com                            1365      465 SH       SOLE                      465                 
                                                               161       55 SH       DEFINED 01                           2       53
BIOMET                         com              090613100      226     5205 SH       SOLE                     5055      150        
                                                             10007   230635 SH       DEFINED 01             228535      300     1800
                                                                13      300 SH       OTHER   01                                  300
BJ SERVICES COMPANY            com              055482103       14      300 SH       SOLE                      300                 
                                                              9373   201403 SH       DEFINED 01             200703               700
BORDERS GROUP INC              com              099709107       15      600 SH       SOLE                      600                 
                                                             11906   468732 SH       DEFINED 01             465732              3000
                                                                 8      300 SH       OTHER   01                                  300
BP PLC                         com              055622104     2146    36740 SH       SOLE                    36740                 
                                                              3298    56465 SH       DEFINED 01              40852     1060    14553
                                                               111     1900 SH       OTHER   01                                 1900
BRISTOL MYERS SQUIBB           com              110122108     1055    41186 SH       SOLE                    41036               150
                                                               664    25935 SH       DEFINED 01              17885     3000     5050
                                                                20      800 SH       OTHER   01                                  800
BURLINGTON RESOURCES           com              122014103      679    15620 SH       DEFINED 01              15000      400      220
CAPITAL ONE FINANCIAL          com              14040H105      238     2825 SH       SOLE                      725              2100
                                                             12365   146835 SH       DEFINED 01             146685               150
CARBO CERAMICS INC             com              140781105     1469    21291 SH       DEFINED 01              21291        
CARDINAL HEALTH                com              14149Y108      446     7662 SH       SOLE                     7662                 
                                                             13328   229207 SH       DEFINED 01             228284      150      773
CAREMARK RX INC.               com              141705103      406    10300 SH       SOLE                                      10300
                                                                42     1055 SH       DEFINED 01               1035       20
CATERPILLAR TRACTOR CO         com              149123101      246     2520 SH       SOLE                      270              2250
                                                               127     1300 SH       DEFINED 01               1300        
CENTURYTEL                     com              156700106      560    15775 SH       SOLE                    15575               200
                                                              1947    54897 SH       DEFINED 01               6648     4950    43299
CHARLES SCHWAB CORP NEW        com              808513105      216    18050 SH       DEFINED 01              18050        
CHEVRONTEXACO                  com              166764100     2176    41447 SH       SOLE                    41247               200
                                                              2155    41033 SH       DEFINED 01              29702      462    10869
                                                                21      400 SH       OTHER   01                                  400
CINCINNATI FINANCIAL CORP      com              172062101     1164    26291 SH       SOLE                    26291                 
                                                              8258   186580 SH       DEFINED 01             185555      325      700
CINTAS                         com              172908105      453    10325 SH       SOLE                    10325                 
                                                             13258   302282 SH       DEFINED 01             298782      100     3400
                                                                 4      100 SH       OTHER   01                                  100
CISCO SYSTEMS                  com              17275R102     2381   123224 SH       SOLE                   110374             12850
                                                              4183   216512 SH       DEFINED 01              73582     9625   133305
                                                                12      600 SH       OTHER   01                                  600
CITIGROUP                      com              172967101     5860   121623 SH       SOLE                   112628      170     8825
                                                              6803   141201 SH       DEFINED 01              54431     8649    78121
                                                                 5      100 SH       OTHER   01                                  100
CLEAR CHANNEL COMMUNICATIONS   com              184502102      990    29560 SH       SOLE                    29110               450
                                                               889    26537 SH       DEFINED 01               2690     2100    21747
                                                                 3      100 SH       OTHER   01                                  100
CLOROX                         com              189054109      239     4050 SH       SOLE                     3800      100      150
                                                              9919   168326 SH       DEFINED 01             167726               600
COCA COLA                      com              191216100      155     3716 SH       SOLE                     3716                 
                                                              1520    36500 SH       DEFINED 01              31800      800     3900
                                                                21      500 SH       OTHER   01                                  500
COLGATE PALMOLIVE              com              194162103      515    10065 SH       SOLE                    10065                 
                                                              2559    50022 SH       DEFINED 01              48347      275     1400
COMCAST CORP NEW CL A          com              20030N101     1099    33031 SH       SOLE                    23731              9300
                                                               548    16456 SH       DEFINED 01              16456        
CONAGRA                        com              205887102      219     7445 SH       DEFINED 01               7445        
CONOCOPHILLIPS                 com              20825C104     1908    21978 SH       SOLE                    21528               450
                                                              3133    36081 SH       DEFINED 01              12697     2469    20915
COOPER COMPANIES INC           com              216648402      943    13363 SH       SOLE                    13263               100
                                                             21035   297982 SH       DEFINED 01             297607       75      300
CORUS BANKSHARES INC           com              220873103      403     8400 SH       SOLE                     8400                 
CUNO INC                       com              126583103       30      500 SH       SOLE                      500                 
                                                               972    16367 SH       DEFINED 01              16367        
CVS                            com              126650100    10065   223330 SH       DEFINED 01             223330        
DATASCOPE CORP.                com              238113104     1191    30000 SH       DEFINED 01              30000        
DELL INC                       com              24702R101     2492    59131 SH       SOLE                    48658      100    10373
                                                              3063    72680 SH       DEFINED 01              19333     6360    46987
                                                                13      300 SH       OTHER   01                                  300
DIEBOLD                        com              253651103      324     5818 SH       SOLE                     5818                 
                                                                50      900 SH       DEFINED 01                900        
DISNEY (WALT) COMPANY          com              254687106      578    20801 SH       SOLE                    10901              9900
                                                               337    12132 SH       DEFINED 01               8732              3400
DNP SELECT INCOME FD INC       com              23325P104     3461   290347 SH       SOLE                   275162             15185
                                                              1594   133700 SH       DEFINED 01              54750    23200    55750
                                                                12     1000 SH       OTHER   01                                 1000
DONNELLEY (R.R.)SONS           com              257867101      221     6262 SH       SOLE                     6262                 
                                                                46     1290 SH       DEFINED 01               1290        
DOW CHEMICAL CO                com              260543103      978    19746 SH       SOLE                    16321              3425
                                                               832    16802 SH       DEFINED 01              16402               400
DUKE POWER                     com              264399106      154     6073 SH       SOLE                     6073                 
                                                               162     6404 SH       DEFINED 01               5236      500      668
E I DUPONT DE NEMOURS & CO     com              263534109      311     6344 SH       SOLE                     5667               677
                                                               658    13408 SH       DEFINED 01              13408        
E.W. SCRIPPS CO (THE)          com              811054204      495    10250 SH       SOLE                    10250                 
                                                              2641    54699 SH       DEFINED 01              54689       10
EBAY INC                       com              278642103      255     2195 SH       DEFINED 01               1695               500
ECOLAB                         com              278865100      895    25485 SH       SOLE                    20040              5445
                                                              2009    57175 SH       DEFINED 01               5294     5200    46681
                                                                 7      200 SH       OTHER   01                                  200
ELECTRONIC ARTS INC            com              285512109      222     3600 SH       DEFINED 01               3600        
ELI LILLY & CO                 com              532457108      955    16828 SH       SOLE                    16525               303
                                                              2023    35643 SH       DEFINED 01              17395     2225    16023
EMC CORPORATION                com              268648102      427    28700 SH       SOLE                      400             28300
                                                               217    14582 SH       DEFINED 01              14532                50
EMERSON ELECTRIC               com              291011104      450     6416 SH       SOLE                     5916               500
                                                              1167    16653 SH       DEFINED 01              16323      100      230
EXELON CORP                    com              30161N101      241     5468 SH       SOLE                     5238               230
                                                               521    11812 SH       DEFINED 01              11212               600
EXXON MOBIL CORP               com              30231G102     6911   134829 SH       SOLE                   113586      180    21063
                                                             10885   212342 SH       DEFINED 01             108747     9681    93914
                                                                85     1656 SH       OTHER   01                                 1656
FANNIE MAE                     com              313586109      109     1536 SH       SOLE                     1536                 
                                                               160     2250 SH       DEFINED 01                950      800      500
FASTENAL CO.                   com              311900104       20      320 SH       SOLE                      320                 
                                                             20286   329528 SH       DEFINED 01             329528        
FEDEX                          com              31428X106     1524    15477 SH       SOLE                    15150      100      227
                                                              3156    32042 SH       DEFINED 01               2935     2750    26357
                                                                20      200 SH       OTHER   01                                  200
FIFTH THIRD BANCORP            com              316773100      214     4517 SH       SOLE                     4517                 
                                                               222     4686 SH       DEFINED 01               4086               600
FIRST DATA                     com              319963104      239     5626 SH       SOLE                     5090               536
                                                                25      580 SH       DEFINED 01                330               250
FIRST HORIZON PHARMACEUTICAL C com              32051k106      689    30100 SH       DEFINED                 30100        
FISERV                         com              337738108      838    20850 SH       SOLE                    16150              4700
                                                             11917   296510 SH       DEFINED 01             294510              2000
FISHER SCIENTIFIC INTERNATIONA com              338032204    12832   205713 SH       DEFINED 01             205013               700
FLEXTRONICS INT'L              com              Y2573F102      229    16540 SH       SOLE                    16440               100
                                                                29     2100 SH       DEFINED                  2100        
FORTUNE BRANDS INC             com              349631101      371     4811 SH       DEFINED 01               4811        
FPL GROUP                      com              302571104     1937    25918 SH       SOLE                    25318      100      500
                                                              2166    28978 SH       DEFINED 01               7303     1425    20250
                                                                30      400 SH       OTHER   01                                  400
FREDDIE MAC                    com              313400301      658     8925 SH       SOLE                     8775               150
                                                              1660    22521 SH       DEFINED 01               1806     2275    18440
GANNETT                        com              364730101      134     1636 SH       SOLE                     1461       75      100
                                                              1769    21656 SH       DEFINED 01              21381      275
GAP                            com              364760108      241    11423 SH       DEFINED 01              11423        
GENERAL DYNAMICS               com              369550108     1078    10303 SH       SOLE                     7103              3200
                                                                58      556 SH       DEFINED                   556        
GENERAL ELECTRIC CO            com              369604103     7764   212722 SH       SOLE                   191582      275    20865
                                                             14819   406008 SH       DEFINED 01             236124    16448   153436
                                                                62     1700 SH       OTHER   01                                 1700
GENERAL MILLS                  com              370334104      202     4057 SH       DEFINED 01               4057        
GENTEX CORP                    com              371901109     8418   227398 SH       DEFINED 01             226798               600
GENZYME GENERAL                com              372917104      351     6050 SH       SOLE                                       6050
                                                                30      525 SH       DEFINED 01                400      125
GETTY IMAGES INC               com              374276103       41      600 SH       SOLE                      600                 
                                                              5664    82271 SH       DEFINED 01              81871               400
GILLETTE CO                    com              375766102      179     4000 SH       SOLE                     4000                 
                                                               629    14046 SH       DEFINED 01              10646     3100      300
                                                                13      300 SH       OTHER   01                                  300
GOLDMAN SACHS GROUP INC        com              38141g104      402     3865 SH       SOLE                     1115              2750
                                                              1476    14185 SH       DEFINED 01              13660       50      475
GUIDANT CORP                   com              401698105      286     3960 SH       SOLE                     3960                 
                                                              5933    82294 SH       DEFINED 01              80594      200     1500
H & R BLOCK                    com              093671105    11361   231850 SH       DEFINED 01             231850        
HARLEY DAVIDSON                com              412822108     1711    28170 SH       SOLE                    27345               825
                                                              4779    78660 SH       DEFINED 01              52460     2875    23325
                                                                30      500 SH       OTHER   01                                  500
HEALTH MANAGEMENT ASSOCIATES   com              421933102       27     1170 SH       SOLE                     1170                 
                                                             12764   561804 SH       DEFINED 01             561804        
HEWLETT PACKARD                com              428236103      446    21267 SH       SOLE                    21267                 
                                                               221    10547 SH       DEFINED 01               8147              2400
HOME DEPOT                     com              437076102     2316    54187 SH       SOLE                    52987      200     1000
                                                              4585   107265 SH       DEFINED 01              26700     7761    72804
                                                                34      800 SH       OTHER   01                                  800
HONEYWELL INTERNATIONAL        com              438516106      595    16815 SH       SOLE                    16815                 
                                                                44     1243 SH       DEFINED 01               1243        
IDEX CORP                      com              45167R104     7602   187700 SH       DEFINED 01             187700        
ILLINOIS TOOL WORKS            com              452308109      736     7940 SH       SOLE                     5115       75     2750
                                                             10921   117836 SH       DEFINED 01             117836        
INTEL                          com              458140100     2277    97360 SH       SOLE                    95460              1900
                                                              5652   241630 SH       DEFINED 01              94905    11560   135165
                                                                12      500 SH       OTHER   01                                  500
INTERNATIONAL BUSINESS MACHINE com              459200101     2633    26713 SH       SOLE                    22938       50     3725
                                                              5571    56508 SH       DEFINED 01              27595     2615    26298
                                                                20      200 SH       OTHER   01                                  200
INTERPUBLIC GROUP OF COS INC.  com              460690100     4891   365000 SH       DEFINED 01             365000        
INVESTORS FINANCIAL            com              461915100        5      100 SH       SOLE                      100                 
                                                              1586    31723 SH       DEFINED 01              31023               700
JABIL CIRCUIT INC              com              466313103      248     9700 SH       SOLE                                       9700
JOHNSON & JOHNSON              com              478160104     2771    43688 SH       SOLE                    42338              1350
                                                              7008   110498 SH       DEFINED 01              63065     4925    42508
                                                                63     1000 SH       OTHER   01                                 1000
JP MORGAN CHASE                com              46625H100     1387    35561 SH       SOLE                    29830              5731
                                                              1418    36349 SH       DEFINED 01              35024      665      660
KIMBERLY CLARK                 com              494368103      259     3939 SH       SOLE                     3839               100
                                                               583     8866 SH       DEFINED 01               8366               500
KOHLS CORP                     com              500255104     1051    21383 SH       SOLE                    21233               150
                                                              5566   113197 SH       DEFINED 01              93145     1850    18202
KRONOS INC                     com              501052104       24      470 SH       SOLE                      470                 
                                                             17700   346181 SH       DEFINED 01             345731               450
LANDSTAR SYSTEMS INC           com              515098101     1010    13720 SH       DEFINED 01              13720        
LEXMARK INTERNATIONAL          com              529771107      765     9005 SH       SOLE                     6215              2790
                                                              2362    27790 SH       DEFINED 01              27465       75      250
LIBERTY MEDIA SER A            com              530718105       10      924 SH       SOLE                      924                 
                                                               187    17016 SH       DEFINED 01              17016        
LOCKHEED MARTIN                com              539830109      464     8349 SH       SOLE                     8349                 
                                                              2651    47730 SH       DEFINED 01              41515     1025     5190
LOWES COMPANIES                com              548661107     1316    22845 SH       SOLE                    19545              3300
                                                              2496    43338 SH       DEFINED 01              42753      285      300
LUCENT TECHNOLOGIES INC        com              549463107       26     6942 SH       SOLE                     6942                 
                                                                49    13032 SH       DEFINED 01              13032        
MARATHON OIL CORP              com              565849106      237     6306 SH       SOLE                     6306                 
                                                                26      700 SH       DEFINED                   700        
MARSHALL & ILSLEY CORP         com              571834100        4      100 SH       SOLE                      100                 
                                                               265     6000 SH       DEFINED 01               6000        
MBNA                           com              55262L100     3458   122660 SH       SOLE                   120285      150     2225
                                                              3235   114754 SH       DEFINED 01              27101     9317    78336
                                                                76     2687 SH       OTHER   01                                 2687
MCCORMICK & CO INC             com              579780206     1152    29835 SH       SOLE                    29275               560
                                                             17305   448312 SH       DEFINED 01             418827     3325    26160
                                                                15      400 SH       OTHER   01                                  400
MCDONALDS CORP                 com              580135101      456    14230 SH       SOLE                     6330              7900
                                                               183     5700 SH       DEFINED 01               5700        
MCGRAW-HILL COMPANIES          com              580645109      380     4150 SH       SOLE                     4150                 
                                                               226     2465 SH       DEFINED 01               2465        
MEDTRONIC INC                  com              585055106     2091    42088 SH       SOLE                    36603      165     5320
                                                              2257    45445 SH       DEFINED 01              21724     3105    20616
                                                                25      500 SH       OTHER   01                                  500
MELLON FINANCIAL               com              58551A108      341    10960 SH       SOLE                    10960                 
                                                               102     3265 SH       DEFINED 01                425              2840
MERCK & CO INC                 com              589331107      368    11450 SH       SOLE                    11450                 
                                                               747    23235 SH       DEFINED 01              22135              1100
MERCURY GENL CORP NEW          com              589400100      956    15950 SH       SOLE                    15950                 
MERRILL LYNCH & CO             com              590188108      450     7528 SH       SOLE                     1478              6050
                                                                31      518 SH       DEFINED                   518        
MGIC INVESTMENT CORPORATION    com              552848103      214     3100 SH       SOLE                     3100                 
MICROCHIP TECHNOLOGY INC       com              595017104      287    10800 SH       SOLE                                      10800
MICROSOFT                      com              594918104     3317   124130 SH       SOLE                   108380      100    15650
                                                              5862   219380 SH       DEFINED 01             103124    12625   103631
                                                                35     1300 SH       OTHER   01                                 1300
MOLEX CL A                     com              608554200      673    25270 SH       SOLE                    25070      200        
                                                              8538   320362 SH       DEFINED 01             319462               900
MOLEX INC.                     com              608554101      449    14982 SH       SOLE                    14982                 
                                                                70     2348 SH       DEFINED                  2348        
MORGAN STANLEY                 com              617446448      123     2210 SH       SOLE                     2210                 
                                                               360     6489 SH       DEFINED 01               6489        
MOTOROLA                       com              620076109      220    12790 SH       DEFINED 01              12490               300
NATIONAL INSTRUMENTS CORP      com              636518102     2422    88890 SH       DEFINED 01              88290               600
NESTLE SA-SPONSORED ADR REPSTG com              641069406      353     5400 SH       DEFINED 01                600              4800
NICOR INC                      com              654086107      363     9816 SH       DEFINED 01               9816        
NIKE, INC CL B                 com              654106103      249     2750 SH       SOLE                      800              1950
NISOURCE                       com              65473P105      515    22608 SH       SOLE                    22608                 
                                                                71     3100 SH       DEFINED                  3100        
NOBLE DRILLING CORP            com              655042109      288     5800 SH       SOLE                                       5800
NORTHERN STATES FINANCIAL CORP com              665751103      372    12000 SH       SOLE                    12000                 
NORTHERN TRUST                 com              665859104     1304    26835 SH       SOLE                    26705      130        
                                                             11572   238196 SH       DEFINED 01             210636     2925    24635
                                                                24      500 SH       OTHER   01                                  500
OLD REPUBLIC INTERNATIONAL     com              680223104      459    18125 SH       SOLE                    17900      225        
                                                             11478   453690 SH       DEFINED 01             452290              1400
ORACLE                         com              68389X105      495    36076 SH       SOLE                    36076                 
                                                               773    56365 SH       DEFINED 01              49715              6650
OWENS & MINOR                  com              690732102      450    15975 SH       DEFINED 01              15975        
PACTIV CORP                    com              695257105     1183    46790 SH       SOLE                    46715                75
                                                             12142   480105 SH       DEFINED 01             434895     3775    41435
                                                                15      600 SH       OTHER   01                                  600
PARKER-HANNIFIN CORP           com              701094104      276     3650 SH       DEFINED 01               3650        
PATTERSON COMPANIES INC COM    com              703395103     1256    28950 SH       SOLE                    28900                50
                                                             22515   518897 SH       DEFINED 01             516697     1150     1050
PAYCHEX, INC                   com              704326107       17      500 SH       SOLE                      500                 
                                                              1454    42659 SH       DEFINED 01              42659        
PENNEY (J.C.) CO               com              708160106      302     7288 SH       SOLE                      788              6500
PEPSICO                        com              713448108     4779    91553 SH       SOLE                    84078      100     7375
                                                              7066   135371 SH       DEFINED 01              66010     7850    61511
                                                                16      300 SH       OTHER   01                                  300
PFIZER                         com              717081103     4448   165427 SH       SOLE                   150972      200    14255
                                                              5412   201252 SH       DEFINED 01             121563     8700    70989
                                                                38     1400 SH       OTHER   01                                 1400
PHOTRONIC INC                  com              719405102     6799   412060 SH       DEFINED 01             412060        
PINNACLE ENTERTAINMENT INC     com              723456109      198    10000 SH       SOLE                    10000                 
PROCTOR & GAMBLE               com              742718109      784    14240 SH       SOLE                    14240                 
                                                              2223    40354 SH       DEFINED 01              33912     3360     3082
                                                                33      600 SH       OTHER   01                                  600
PROGRESSIVE CORP OHIO          com              743315103      255     3000 SH       SOLE                     3000                 
PRUDENTIAL FINANCIAL INC.      com              744320102      317     5769 SH       SOLE                       19              5750
                                                                 0        1 SH       DEFINED 01                  1        
QUALCOMM                       com              747525103     1898    44761 SH       SOLE                    43901      200      660
                                                             24620   580668 SH       DEFINED 01             547003     4445    29220
                                                                17      400 SH       OTHER   01                                  400
QUEST DIAGNOSTICS              com              74834L100     2023    21167 SH       SOLE                    20805               362
                                                              1660    17370 SH       DEFINED 01               2313     1425    13632
                                                                19      200 SH       OTHER   01                                  200
REGAL-BELOIT CORP.             com              758750103     5763   201500 SH       DEFINED 01             201500        
ROYAL CARIBBEAN CRUISES LTD    com              V7780T103    16621   305305 SH       DEFINED 01             305305        
ROYAL DUTCH PETROLEUM          com              780257804      998    17400 SH       SOLE                    17400                 
                                                               710    12365 SH       DEFINED 01               6824      400     5141
                                                                92     1600 SH       OTHER   01                                 1600
RPM INTL CORP                  com              749685103     9695   493112 SH       DEFINED 01             492262               850
SARA LEE                       com              803111103      212     8780 SH       SOLE                     8780                 
                                                               258    10700 SH       DEFINED 01              10700        
SBC COMMUNICATIONS             com              78387G103      842    32683 SH       SOLE                    32083               600
                                                              2259    87677 SH       DEFINED 01              81288     1877     4512
SCHERING PLOUGH                com              806605101      485    23220 SH       SOLE                    23220                 
                                                                81     3900 SH       DEFINED 01               2400              1500
SCHLUMBERGER                   com              806857108      221     3295 SH       SOLE                     3295                 
                                                              1217    18184 SH       DEFINED 01              12225      700     5259
SECTOR SPDR TR SHS BEN INT FIN com              81369Y605      204     6682 SH       DEFINED 01               6682        
SERVICEMASTER CO               com              81760N109      217    15738 SH       SOLE                    15738                 
                                                                 4      300 SH       DEFINED                   300        
SHUFFLE MASTER INC             com              825549108      706    15000 SH       SOLE                    15000                 
SONOCO PRODUCTS                com              835495102     7033   237200 SH       DEFINED 01             237200        
SOUTHERN COMPANY               com              842587107      745    22221 SH       SOLE                    22221                 
                                                               337    10052 SH       DEFINED 01               9720               332
SOUTHWEST BANCORPORATION OF TE com              84476r109      254    10900 SH       DEFINED                 10900        
SPRINT CORP.                   com              852061100      301    12100 SH       SOLE                                      12100
                                                                21      848 SH       DEFINED 01                848        
STARBUCKS CORP                 com              855244109     1561    25027 SH       SOLE                    24530               497
                                                              4449    71340 SH       DEFINED 01               6058     6425    58857
                                                                12      200 SH       OTHER   01                                  200
STATE STREET                   com              857477103      257     5240 SH       DEFINED 01               5240        
STERICYCLE                     com              858912108       32      700 SH       SOLE                      700                 
                                                              2212    48143 SH       DEFINED 01              47043              1100
STERIS CORP                    com              859152100     1423    60000 SH       DEFINED 01              60000        
STRYKER                        com              863667101     1918    39756 SH       SOLE                    38830               926
                                                              3090    64032 SH       DEFINED 01              10409     5875    47748
                                                                14      300 SH       OTHER   01                                  300
SUN MICROSYSTEMS               com              866810104       21     3860 SH       SOLE                     3860                 
                                                                73    13517 SH       DEFINED 01              13517        
SUNGARD DATA SYSTEMS           com              867363103      708    25000 SH       SOLE                    25000                 
                                                                96     3395 SH       DEFINED 01               2435               960
SYSCO                          com              871829107      590    15463 SH       SOLE                    13263              2200
                                                              2183    57200 SH       DEFINED 01              50300     3100     3800
TARGET                         com              87612E106     2834    54565 SH       SOLE                    49440       70     5055
                                                              2836    54616 SH       DEFINED 01               9285     5050    40281
                                                                16      300 SH       OTHER   01                                  300
TCF FINANCIAL CORP             com              872275102      629    19575 SH       SOLE                    19475               100
                                                             13192   410461 SH       DEFINED 01             408936      425     1100
TEXAS INSTRUMENTS              com              882508104      440    17875 SH       SOLE                    17175               700
                                                               108     4375 SH       DEFINED 01               4075      300
TEXTRON                        com              883203101      852    11550 SH       SOLE                    11550                 
                                                               803    10875 SH       DEFINED 01              10875        
THE ST PAUL TRAVELERS COMPANIE com              792860108      792    21356 SH       SOLE                    16400              4956
                                                                 4      112 SH       DEFINED 01                112        
THERMO ELECTRON CORP           com              883556102      335    11100 SH       SOLE                                      11100
                                                                 2       60 SH       DEFINED                    60        
THERMO TECH TECHNOLOGIES INC   com              88360H101        0    65140 SH       SOLE                    65140                 
TIME WARNER INC NEW            com              887317105      316    16230 SH       SOLE                    16030               200
                                                               595    30616 SH       DEFINED 01              28216              2400
TRACTOR SUPPLY                 com              892356106       26      700 SH       SOLE                      700                 
                                                              6250   167979 SH       DEFINED 01             167429               550
TRIBUNE                        com              896047107      898    21310 SH       SOLE                    21310                 
                                                               227     5380 SH       DEFINED 01               3305              2075
TXU CORP                       com              873168108      451     6980 SH       SOLE                     1680              5300
                                                               104     1610 SH       DEFINED 01               1610        
TYCO INTERNATIONAL             com              902124106      289     8100 SH       SOLE                     2900              5200
                                                                51     1426 SH       DEFINED 01                826      600
UCBH HOLDINGS                  com              90262T308      330     7200 SH       DEFINED                  7200        
UNILEVER PLC - SPONSORED ADR   com              904767704      243     6157 SH       DEFINED 01               6157        
UNITED HEALTHCARE CORP         com              91324P102     1509    17144 SH       SOLE                    17059                85
                                                               375     4265 SH       DEFINED 01               4240       25
UNITED PARCEL SERVICE          com              911312106      433     5064 SH       SOLE                     1014              4050
                                                               427     4999 SH       DEFINED 01               4999        
UNITED TECHNOLOGIES            com              913017109     1710    16549 SH       SOLE                    14124              2425
                                                               792     7660 SH       DEFINED 01               7549      111
US BANCORP                     com              902973304     1659    52970 SH       SOLE                    47570              5400
                                                               587    18737 SH       DEFINED 01              18287               450
VECTREN                        com              92240G101      222     8270 SH       DEFINED 01               8270        
VERIZON COMMUNICATIONS         com              92343V104      830    20500 SH       SOLE                    12500              8000
                                                              1713    42296 SH       DEFINED 01              39885              2411
                                                                73     1811 SH       OTHER   01                                 1811
WACHOVIA CORP 2ND NEW          com              929903102      374     7115 SH       SOLE                     2115              5000
                                                               279     5310 SH       DEFINED 01               4910               400
WAL-MART STORES                com              931142103     2922    55320 SH       SOLE                    48920      100     6300
                                                              4594    86977 SH       DEFINED 01              40077     4545    42355
                                                                21      400 SH       OTHER   01                                  400
WALGREEN                       com              931422109     4661   121470 SH       SOLE                   119825      280     1365
                                                              8255   215147 SH       DEFINED 01             124870    10750    79527
                                                                15      400 SH       OTHER   01                                  400
WASHINGTON MUTUAL              com              939322103      319     7550 SH       SOLE                     7500                50
                                                               324     7675 SH       DEFINED 01               7300      200      175
WASHINGTON POST CO CLASS B     com              939640108      393      400 SH       DEFINED 01                                  400
WELLPOINT INC (Formerly Anthem com              94973V107      917     7975 SH       SOLE                     7975                 
                                                              1842    16020 SH       DEFINED 01               1320     1525    13175
                                                                23      200 SH       OTHER   01                                  200
WELLS FARGO                    com              949746101     2875    46260 SH       SOLE                    43035              3225
                                                              5476    88110 SH       DEFINED 01              45905     4375    37830
                                                                25      400 SH       OTHER   01                                  400
WESTERN WIRELESS CORP - CLASS  com              95988e204     3238   110500 SH       DEFINED 01             110500        
WEYERHAEUSER CO                com              962166104      639     9500 SH       DEFINED 01               9500        
WGL HOLDINGS INC               com              92924f106      401    13000 SH       DEFINED 01              13000        
WHOLE FOOD MARKET INC          com              966837106     1714    17973 SH       SOLE                    17430               543
                                                              4658    48849 SH       DEFINED 01               4923     3850    40076
                                                                29      300 SH       OTHER   01                                  300
WINTRUST FINANCIAL             com              97650W108     4183    73439 SH       SOLE                    64689              8750
                                                              1581    27759 SH       DEFINED 01              22659     4200      900
WRIGLEY                        com              982526105      367     5300 SH       DEFINED                  5300        
WYETH                          com              983024100     1184    27806 SH       SOLE                    27506      100      200
                                                              3717    87269 SH       DEFINED 01              83752      100     3417
XL CAPITAL LTD CL A            com              G98255105      233     3000 SH       SOLE                     3000                 
                                                                 6       75 SH       DEFINED                             75
ZEBRA TECHNOLOGIES CORP CL A   com              989207105      480     8532 SH       SOLE                     8412      120        
                                                              1443    25637 SH       DEFINED 01              24512      325      800
ZIMMER HOLDINGS                com              98956P102     1009    12598 SH       SOLE                     9498              3100
                                                               102     1268 SH       DEFINED 01               1108      160
NOKIA CORP ADR                 sponsored adr    654902204      236    15034 SH       SOLE                    14934      100        
                                                               212    13555 SH       DEFINED 01               2505     1350     9700
DIAMONDS TRUST-UIT             com              252787106      206     1915 SH       DEFINED 01                                 1915
                                                               206     1915 SH       OTHER   01                                 1915
ISHARES RUSSELL 1000 VALUE FUN com              464287598       28      420 SH       SOLE                                        420
                                                              1445    21773 SH       DEFINED 01                                21773
ISHARES RUSSELL 2000 VALUE IND com              464287630      267     1382 SH       DEFINED 01                412      230      740
ISHARES RUSSELL 3000 INDEX FD  com              464287689      563     8144 SH       DEFINED 01                 34              8110
                                                               486     7025 SH       OTHER   01                                 7025
ISHARES RUSSELL MID-CAP VALUE  com              464287473      618     5478 SH       DEFINED 01                         410     5068
ISHARES TR FUNDS-SMALL CAP 600 com              464287887       22      210 SH       SOLE                                        210
                                                               215     2006 SH       DEFINED 01               1741               265
ISHARES TR FUNDS-SMALL CAP 600 com              464287879      390     3200 SH       DEFINED 01               1250              1950
ISHARES TR MSCI EAFE INDEX FD  com              464287465     2139    13351 SH       DEFINED 01               5011     2345     5995
ISHARES TR MSCI EMERGING MKTS  com              464287234      218     1082 SH       DEFINED 01               1082        
ISHARES TR-S&P MIDCAP 400 INDE com              464287507     1267     9573 SH       DEFINED 01                168     1935     7470
ISHARES TR-S&P SMALLCAP 600 IN com              464287804     1048     6440 SH       DEFINED 01                215     1775     4450
ISHARES TRUST S&P 500/BARRA VA com              464287408      261     4146 SH       DEFINED 01               2396     1750
ISHARES TRUST S&P MIDCAP 400/B com              464287705     1165     9070 SH       DEFINED 01               4011              5059
ISHARES TRUST S&P MIDCAPY 400/ com              464287606       32      240 SH       SOLE                                        240
                                                               833     6166 SH       DEFINED 01               4366              1800
S&P DEPOSITORY RECEIPTS-SPDR   com              78462F103      396     3280 SH       DEFINED 01               1060              2220
                                                               196     1620 SH       OTHER   01                                 1620
STANDARD & POORS MIDCAP 400 DE com              595635103      247     2040 SH       DEFINED 01                390              1650