UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): 05/02/2006

MIDWESTONE FINANCIAL GROUP INC

(Exact name of registrant as specified in its charter)

Commission File Number: 000-24630

IA		42-1003699
(State or other jurisdiction of		(IRS Employer
incorporation)		Identification No.)

222 First Avenue East, Oskaloosa, IA 52577

(Address of principal executive offices, including zip code)

641-673-8448

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Information to be included in the report

Item 7.01. Regulation FD Disclosure

On May 2, 2006, the Company issued a press release announcing that the board of directors had declared a cash dividend of $.18 per share payable June 15, 2006, to shareholders of record as of June 1, 2006. Additionally, the Company reported that the board had authorized management to repurchase up to $2,000,000 of the Company's outstanding common stock through December 31, 2006. The Company also reported the results of the of the annual shareholders' meeting held April 28, 2006.

Item 9.01. Financial Statements and Exhibits

Signature(s)

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 hereunto duly authorized.

		MIDWESTONE FINANCIAL GROUP INC


Date: May 02, 2006	By:	/s/ David A. Meinert
		David A. Meinert
		Executive Vice President & CFO

Exhibit Index

Exhibit No.		Description
EX-99.1		News Release dated May 2, 2006

MIDWESTONE FINANCIAL GROUP INC 8-K