UNITED
      STATES SECURITIES AND EXCHANGE COMMISSION


WASHINGTON,
      D.C. 20549





**FORM
      10-Q/A**





x
            QUARTERLY
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                ACT OF
                1934





For
      the
      quarterly period ended **June
      30, 2007**





OR





o
            TRANSITION
                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                ACT OF
                1934





For
      the
      transition period from _______ to _______





Commission
      file number 0-24630





MIDWEST *ONE* FINANCIAL GROUP, INC.


222
      First
      Avenue East


Oskaloosa,
      IA 52577





Registrant’s
      telephone number: **641-673-8448**





(State
                of Incorporation)
            (I.R.S.
                Employer Identification No.)**Iowa**
            **42-1003699**








Indicate
      by check mark whether the registrant (1) has filed all reports required by
      Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding
      12 months (or for such shorter period that the registrant was required to file
      such reports), and (2) has been subject to such filing requirements for the
      past
      90 days.




Yes x
      No o





Indicate
      by check mark whether the registrant is a large accelerated filer, an
      accelerated filer or a non-accelerated filer (as defined in Rule 12b-2 of the
      Exchange Act).





Large
                  Accelerated Filer o
              Accelerated
                  Filer o
              Non-accelerated
                  Filer x





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act).




Yes o  No x




As
      of
      September 25, 2007, there were 3,699,275 shares of common stock $5 par value
      outstanding.





**EXPLANATORY
      NOTE**





This
      Form
      10-Q/A for the quarterly period ended June 30, 2007, is being filed to add
      Item
      4 - Controls and Procedures in Part I of the previous filing. This item was
      omitted from the previous filing. Exhibits 31.1, 31.2, and 32.1 referenced
      in
      Part II - Item 6 were included in the previous filing. This Amendment does
      not
      reflect events occurring after the original filing of the quarterly report
      for
      the period ending June 30, 2007, except to reflect the information contained
      in
      this Amendment.





**PART
      I - FINANCIAL INFORMATION**





**Item
      4. Controls and Procedures.**





As
      of the
      end of the period covered by this report, an evaluation was performed under
      the
      supervision and with the participation of the Company’s Chief Executive Officer
      and Chief Financial Officer of the effectiveness of the Company’s disclosure
      controls and procedures (as defined in Exchange Act Rule 240.13a-15(e)). Based
      on that evaluation, the Chief Executive Officer and the Chief Financial Officer
      have concluded that the Company’s current disclosure controls and procedures are
      effective to ensure that information required to be disclosed by the Company
      in
      the reports that it files or submits under the Securities Exchange Act of 1934
      is recorded, processed, summarized and reported, within the time periods
      specified in the Securities and Exchange Commission’s rules and
      forms.





There
      were no changes in the Company’s internal control over financial reporting that
      occurred during the period covered by this report that have materially affected,
      or are reasonably likely to materially affect, the Company’s internal control
      over financial reporting.








**PART
      II - OTHER INFORMATION**





**Item
      6. Exhibits**





31.1
            
            Certification
                of Chief Executive Officer pursuant to Rule 13a - 14(a) of the Securities
                Exchange Act of 1934.





31.2
            
            Certification
                of Chief Financial Officer pursuant to Rule 13a - 14(a) of the Securities
                Exchange Act of 1934.





32.1
            Certification
                of Chief Executive Officer and Chief Financial Officer pursuant to
                Rule
                13a - 14(a) of the Securities Exchange Act of 1934 and 18 U.S.C.,
                Section
                1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act
                of
                2002.







**SIGNATURES**





Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      duly caused this report to be signed on its behalf by the undersigned, thereunto
      duly authorized.





MidWest*One*Financial Group, Inc.
              (Registrant)By:
            /s/
              Charles S. HowardCharles
              S. HowardChairman,
              President, Chief Executive OfficerSeptember 25, 2007Dated




By:
              /s/David A. MeinertDavid
                A. MeinertExecutive
                  Vice Presidentand
                  Chief Financial Officer
                (Principal
                  Accounting Officer)September 25, 2007Dated