-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QoE6jcJpPZ7Vz424nVdgHfcvbMkatCzkTesquZTwkE3jNPWU0byqHpT5v+izzglw
 ANPSIv1GYHy6PYNRcX3MFQ==

<SEC-DOCUMENT>0000357265-09-000003.txt : 20090916
<SEC-HEADER>0000357265-09-000003.hdr.sgml : 20090916
<ACCEPTANCE-DATETIME>20090916083522
ACCESSION NUMBER:		0000357265-09-000003
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090916
DATE AS OF CHANGE:		20090916
EFFECTIVENESS DATE:		20090916

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRAIRIELAND BANCORP INC
		CENTRAL INDEX KEY:			0000357265
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-35726-5C
		FILM NUMBER:		091071090

	BUSINESS ADDRESS:	
		STREET 1:		401 FOUR SEASONS ROAD
		CITY:			BLOOMINGTON
		STATE:			IL
		ZIP:			61701
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0502</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0000357265</cik>
        <entityName>PRAIRIELAND BANCORP INC</entityName>
        <issuerAddress>
            <street1>484 E. Main Street</street1>
            <street2></street2>
            <city>Bushnell</city>
            <stateOrCountry>IL</stateOrCountry>
            <zipCode>61422</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>309-772-2171</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>G.</middleName>
                <lastName>Steelman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>484 E. Main Street</street1>
                <street2>P.O. Box 149</street2>
                <city>Bushnell</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>61422</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Daniel</firstName>
                <middleName>P.</middleName>
                <lastName>Cortelyou</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>484 E. Main Street</street1>
                <street2>P.O. Box 149</street2>
                <city>Bushnell</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>61422</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kathy</firstName>
                <middleName>L.</middleName>
                <lastName>Lynn</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>484 E. Main Street</street1>
                <street2>P.O. Box 149</street2>
                <city>Bushnell</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>61422</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Stephen</firstName>
                <middleName>E.</middleName>
                <lastName>Holland</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>484 E. Main Street</street1>
                <street2>P.O. Box 149</street2>
                <city>Bushnell</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>61422</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kenneth</firstName>
                <middleName>A.</middleName>
                <lastName>Curtis</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>484 E. Main Street</street1>
                <street2>P.O. Box 149</street2>
                <city>Bushnell</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>61422</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Terry</firstName>
                <middleName>M.</middleName>
                <lastName>Morrow</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>484 E. Main Street</street1>
                <street2>P.O. Box 149</street2>
                <city>Bushnell</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>61422</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Cynthia</firstName>
                <middleName>R.</middleName>
                <lastName>Rauschert</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>484 E. Main Street</street1>
                <street2>P.O. Box 149</street2>
                <city>Bushnell</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>61422</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial Banking</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1,000,001 - $5,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-09-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Subordinated Debentures</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>25000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2000000</totalOfferingAmount>
            <totalAmountSold>725000</totalAmountSold>
            <totalRemaining>1275000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>4</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>PRAIRIELAND BANCORP INC</issuerName>
                <signatureName>Daniel P. Cortelyou</signatureName>
                <nameOfSigner>Daniel P. Cortelyou</nameOfSigner>
                <signatureTitle>Vice President</signatureTitle>
                <signatureDate>2009-09-15</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----