Exhibit 21.  Subsidiaries of the Registrant

     The Company has two wholly-owned subsidiaries. All others listed are either
direct or indirect subsidiaries of the Bank.



     Subsidiaries of the Company                         State of Incorporation
     ---------------------------                         ----------------------
                                                      
Mid America Bank, fsb                                           Illinois    
MAF Developments, Inc.                                          Illinois    
                                                                            
      Subsidiaries of the Bank                                              
      ------------------------                                              
                                                                            
Mid America Development Services, Inc.                          Illinois    
Mid America Insurance Agency, Inc.                              Illinois    
Mid America Finance Corporation                                 Illinois    
Mid America Mortgage Securities, Inc.                           Illinois    
N.W. Acceptance Corporation                                     Delaware    
N.W. Financial Corporation                                      Illinois    
Route 22 Development Corporation (1)                            Illinois    
Ambria Development Corporation                                  Illinois    
Randall Road Development Corporation                            Illinois    
Reigate Woods Development Corporation                           Illinois    


(1)  Dissolved on June 16, 1997