Exhibit 10.2
AMENDMENT AND ALLONGE TO THAT CERTAIN SUBORDINATED
NOTE DATED APRIL 30, 2003 EXECUTED BY
WINTRUST FINANCIAL CORPORATION (“UNDERSIGNED”) IN
FAVOR OF LASALLE BANK NATIONAL ASSOCIATION (“BANK”) IN
THE ORIGINAL PRINCIPAL AMOUNT OF $25,000,000 (“NOTE”)
          This Amendment and Allonge to the Note is made and accepted by the
Undersigned as of this 7th day of June, 2005. All capitalized terms used herein
but not otherwise defined will have the same meanings herein as in the Note.
          Bank and the Undersigned have agreed to amend the Note as herein
provided. Accordingly the Note is hereby amended as follows:
     1. The rate of interest referred to in the fourth paragraph of the Note is
hereby changed from the interest rate set forth therein to LIBOR Rate plus
1.60%.
     2. Except as specifically amended hereby, the Note shall remain in full
force and effect as issued. An executed original of this Amendment and Allonge
shall be firmly affixed to the original Note so as to become a part thereof and
will constitute an integral part thereof.

            WINTRUST FINANCIAL CORPORATION
      By:   /s/ David A. Dykstra       Title: Senior Executive Vice President
and Chief        Operating Officer     

Accepted and Agreed as of the
7th day of June, 2005.
LASALLE BANK NATIONAL ASSOCIATION

      By:   /s/ Jeffrey Bowden   Title:   Senior Vice President