8-K

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, 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)
March 11, 2010

ENTERPRISE FINANCIAL SERVICES CORP
(Exact name of registrant as specified in its charter)

Delaware	001-15373	43-1706259
(State or Other Jurisdiction	(Commission	(IRS Employer
of Incorporation)	File Number)	Identification No.)

150 N. Meramec, St. Louis, Missouri	63105
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code
(314) 725-5500

Not applicable

(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))

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

(d) Election of New Directors. On March 11, 2010, the Board of Directors of Enterprise Financial Services Corp (the “Company”) elected John S. Eulich and John M. Tracy to the Company’s Board of Directors.

 Mr. Eulich currently serves as the President and Chief Executive Officer of INDEECO, a manufacturing company located in St. Louis, Missouri. He was formerly President of Mark Andy, Inc., a worldwide leader in the manufacture and design of printing and converting equipment for the packaging industry. He has been a member of the Board of Directors of Enterprise Bank & Trust, a wholly-owned subsidiary of the Company, since July 2009. Mr. Eulich is also a director, member of the Audit Committee and serves as the Chairman of the Compensation Committee of LMI Aerospace (NASDAQ: LMIA).

 Mr. Tracy currently serves as Chief Executive Officer of Dot Foods, Inc., based in Mt. Sterling, Illinois, the largest food re-distributor in the United States. He has held several positions throughout Dot Foods including sales, marketing and operations and was named Chief Executive Officer in 2006. Mr. Tracy serves on several non-public boards in the St. Louis metro area and is currently Chairman-elect of the St. Louis Regional Business Council.

 The Board has yet to determine their committee assignments.

 Consistent with the compensation policies applicable to the Company’s non-employee directors, Mr. Eulich and Mr. Tracy will each be eligible to receive an annual retainer fee of $12,000 plus a fee of $1,000 for each meeting of the Board. Each director will select to receive their compensation either (i) 100% in the form of the Company’s common stock or (ii) in the form of 50% cash and 50% of the Company’s common stock. The shares will be issued under a Stock Plan for Non-Management Directors approved by the stockholders in 2006. In addition, the annual retainer fee for 2010 will be pro rated for the portion of the year that Mr. Eulich and Mr. Tracy will serve as a director.

 Mr. Eulich’s firm, INDEECO, currently has outstanding loans with Enterprise Bank & Trust. These loans were made in the ordinary course of business, were made on substantially the same terms, including interest rate paid or charged and collateral required, as those prevailing at the time for comparable transactions with unaffiliated persons, and did not involve more than the normal risk of collectability or present other unfavorable features.

Section 9 – Financial Statements and Exhibits

 Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Text of Press Release, dated March 17, 2010.

SIGNATURES

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 thereunto duly authorized.

	ENTERPRISE FINANCIAL SERVICES CORP
	By:
Date: March 17, 2010	/s/	Deborah N. Barstow
		Deborah N. Barstow
		Senior Vice President and Controller

EX-99.1

EXHIBIT 99.1

For more information contact:

Jerry Mueller, Senior Vice President (314) 512-7251

Ann Marie Mayuga, AMM Communications (314) 485-4390

  
JOHN EULICH AND JOHN TRACY ELECTED TO ENTERPRISE FINANCIAL
BOARD OF DIRECTORS
  

St. Louis, March 17, 2010. Enterprise Financial Services Corp (NASDAQ: EFSC) added John Eulich and John Tracy to its Board of Directors, according to an announcement by Jim Murphy, Chairman of the EFSC Board. Murphy is also Chairman of Murphy Company, a leading construction and engineering company based in St. Louis.

Eulich is President and CEO of Indeeco, a St. Louis manufacturer of electric heaters and controls for commercial, industrial, military and transportation markets. He was formerly President of Mark Andy, Inc., a worldwide leader in the manufacture and design of printing and converting equipment for the packaging industry. Eulich also serves on the Board of Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial, and he is a director of AAIM Management Association and LMI Aerospace.

Tracy is CEO of Dot Foods, Inc., based in Mt. Sterling, IL. Dot Foods is the largest food re-distributor in the United States, supplying the food service, vending, convenience store, bakery and dairy industries. Tracy is also Chairman-elect of the Regional Business Council and serves on the boards of the TFF Foundation, YMCA and CBC High School in St. Louis.

Peter Benoist, President and CEO of Enterprise Financial, commented, “We are very fortunate to be able to bring John Eulich and John Tracy to our Board. They are highly-regarded executives and community leaders with broad experience across diverse industries. Each will bring a unique perspective and leadership style to complement our other Board members.”

Eulich and Tracy were elected to fill the Board seats formerly held by Kevin Eichner and Bob Saur, who retired from the Enterprise Board in 2009.

Enterprise Financial operates commercial banking and wealth management businesses in metropolitan St. Louis, Kansas City and Phoenix. Enterprise is primarily focused on serving the needs of privately held businesses, their owner families, executives and professionals.