EXHIBIT 32.0

THE FOLLOWING CERTIFICATION IS PROVIDED BY EACH OF THE UNDERSIGNED CHIEF
EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER OF PRIVATEBANCORP, INC. ON THE
BASIS OF SUCH OFFICER'S KNOWLEDGE AND BELIEF FOR THE SOLE PURPOSE OF COMPLYING
WITH 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE
SARBANES-OXLEY ACT OF 2002.

                                  CERTIFICATION
                                  -------------

         In connection with the Quarterly Report of PrivateBancorp, Inc. (the
"Company") on Form 10-Q for the period ended June 30, 2004 as filed with the
Securities and Exchange Commission on August 6, 2004 (the "Report"), the
undersigned hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

         (1)      The Report fully complies with the requirements of Section
                  13(a) or 15(d) of the Securities Exchange Act of 1934, as
                  amended; and

         (2)      The information contained in the Report fairly presents, in
                  all material respects, the financial condition and results of
                  operations of the Company.



                                                By:      /s/ Ralph B. Mandell
                                                         -----------------------
                                                Name:    Ralph B. Mandell
                                                Title:   Chairman, President and
                                                         Chief Executive Officer
                                                Date:    August 6, 2004

                                                By:      /s/ Dennis L. Klaeser
                                                         -----------------------
                                                Name:    Dennis L. Klaeser
                                                Title:   Chief Financial Officer
                                                Date:    August 6, 2004









A signed original of this written statement required by Section 906 has been
provided to the Company and will be retained by the Company and furnished to the
Securities and Exchange Commission upon request. This certification accompanies
the Report and shall not be treated as having been filed as part of the Report.