**SUBSIDIARIES      OF CIB MARINE **

| **DIRECT                SUBSIDIARIES**           |   | **INDIRECT                SUBSIDIARIES**  |   | **STATE/JURISDICTION                OF****INCORPORATION**  |
|-------------------------------------------------------|--------|------------------------------------------------|--------|-----------------------------------------------------------------|
|                                                  |   |                                           |   |                                                            |
| CIB                MARINE BANCSHARES, INC.            |   |                                           |   | Wisconsin                Corporation                            |
| Central                Illinois Bank                  |   |                                           |   | Illinois                Commercial Bank                         |
| CIB                Construction, LLC                  |   |                                           |   | Illinois                Limited Liability Company               |
|                                                  |   | Canron                Corporation (1)          |   | Michigan                Corporation                             |
| Everett                Tech, Inc. f/k/a MICR, Inc.(2) |   |                                           |   | Illinois                Corporation                             |
| First                Ozaukee Capital Corp.            |   |                                           |   | Wisconsin                Corporation                            |
|                                                  |   | Marine                Bank                     |   | Wisconsin                Commercial Bank                        |
|                                                  |   | Marine                Investment Corporation   |   | Nevada                Subsidiary                                |
| CIB                Marine Information Services, Inc.  |   |                                           |   | Illinois                Corporation                             |
| Mortgage                Services, Inc.                |   |                                           |   | Illinois                Corporation                             |
| CIB                Marine Capital Trust I             |   |                                           |   | Delaware                Business Trust                          |
| CIB                Statutory Trust III                |   |                                           |   | Connecticut                Statutory Trust                      |
| CIB                Statutory Trust IV                 |   |                                           |   | Connecticut                Statutory Trust                      |
| CIB                Statutory Trust V                  |   |                                           |   | Delaware                Business Trust                          |
| Citrus                Financial Services, Inc.        |   |                                           |   | Florida                Corporation                              |
|                                                  |   | Citrus                Bank, NA                 |   | National                Banking Association                     |
| CIB                Marine Capital, LLC(3)             |   |                                           |   | Wisconsin                Limited Liability Company              |

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| (1) | CIB                Construction owns 84% of the outstanding stock of Canron which filed                for                dissolution in December, 2006. |
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| (2) | Dissolved                on January 8, 2008. |
|-----|----------------------------------------------|

| (3) | During                2003, CIB Marine ceased to offer new loans through CIB Marine Capital                and                began winding down its affairs, including the sale and collection                of                outstanding loans. |
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