Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
POTHOVEN JOHN P
2. Issuer Name and Ticker or Trading Symbol
MidWestOne Financial Group, Inc. [MOFG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

102 SOUTH CLINTON STREET
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2009
(Street)


IOWA CITY, IA 52240
4. If Amendment, Date Original Filed(Month/Day/Year)
01/22/2010
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 12/31/2009(3)   A 19 (4) A $ 0 27,994 D  
Common Stock     (8)       600 I Self/UTMA Custodian Minor Grandchildren (1)
Common Stock 03/10/2009   J 37,706 (6) A $ 0 52,705 I By IRA
Common Stock 03/10/2009   J 37,706 (5) (6) D $ 0 0 I By ESOP

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 16.86             (2) 06/30/2011(7) Common Stock
4,750
  4,750
D
 
Stock Option $ 19.75             (2) 06/30/2011(7) Common Stock
4,987
  4,987
D
 
Stock Option $ 21.94             (2) 06/30/2011(7) Common Stock
4,750
  4,750
D
 
Stock Option $ 18.71             (2) 06/30/2011(7) Common Stock
2,375
  2,375
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
POTHOVEN JOHN P
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
  X      

Signatures

Kenneth R. Urmie, as Power of Attorney dated January 22, 2009 01/25/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Registered to self as custodian for minor grandchildren under Uniform Transfers to Minors Act. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
(2) Fully vested.
(3) This report is for the year as accrued on the same dates as cash dividends were paid on the underlying stock.
(4) These RSU shares represent the dividend equivalent that would have been paid on the number of shares of unvested restricted stock units (RSUs) awarded, plus prior dividend equivalents accruing on such RSUs. All such dividend equivalents credited will be treated as RSUs. As RSUs, these dividend equivalents are subject to vesting, forfeiture and termination in accordance with the terms of the original awards.
(5) Ownership of shares in ESOP increased since last report due to allocations to his account.
(6) Reporting person transferred all shares in ESOP account to his IRA.
(7) Due to reporting person's retirement on June 30, 2008, these stock options must be exercised on or before June 30, 2011.
(8) Due to an administrative error, the initial Form 5 indicated that these shares were no longer registered to the reporting person.

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