SCHEDULE 14A

(RULE 14A-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE

SECURITIES EXCHANGE ACT OF 1934

(Amendment No. )

Filed by the registrant ¨

Filed by a party other than the registrant x

Check the appropriate box:

¨ Preliminary proxy statement.

¨ Confidential, for use of the Commission only (as permitted by Rule 14a-6(e)(2)).

¨ Definitive proxy statement.

x Definitive additional materials.

¨ Soliciting material under Rule 14a-12.

HARVARD ILLINOIS BANCORP, INC.

--------------------------------------------------------------

(Name of Registrant as Specified in its Charter)

STILWELL VALUE PARTNERS II, L.P.

STILWELL VALUE PARTNERS VII, L.P.

STILWELL PARTNERS, L.P.

STILWELL VALUE LLC

JOSEPH STILWELL

MARK S. SALADIN

SCOTT RIPKEY

--------------------------------------------------------------------------------

(Name of Person(s) Filing Proxy Statement if Other Than the Registrant)

Payment of filing fee (check the appropriate box):

x No fee required.

¨ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

(1) Title of each class of securities to which transaction applies:

(2) Aggregate number of securities to which transaction applies:

(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

(4) Proposed maximum aggregate value of transaction:

(5) Total fee paid:

¨ Fee paid previously with preliminary materials.

¨ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing.

(1) Amount Previously Paid:

(2) Form, Schedule or Registration Statement No.:

(3) Filing Party:

(4) Date Filed:

The Stilwell Group

111 Broadway, 12th Floor

New York, NY 10006

(212) 269-1551

INFO@STILWELLGROUP.COM

May 9, 2013

Dear Fellow Shareholder,

While HARI’s return on equity has improved since the last year, it remains below average at 4.53%.¹ It has been below average for every year the Bank has been public.² We believe this simply is not good enough.

If the Board and Management are satisfied with their performance, we have a problem. In their last letter to shareholders, the Board and Management say they have put in substantial efforts to improve HARI. We believe them. Yet, if performance remains subpar after these substantial efforts, we think the best course of action for HARI is to sell itself to a more efficiently-run community bank. In our estimation, this is the best way to maximize shareholder value.

If you agree, please vote for our candidate, Mark Saladin. Thank you for your support.

Sincerely,

Joseph Stilwell

P.S. The Stilwell Group invites all HARI shareholders to a cocktail reception on Monday, May 20^th. Come as you please between the hours of 6 and 8 pm to La Petite Crêperie & Bistrot in Woodstock at 115 N. Johnson Street. We look forward to meeting you and answering any questions you may have. You will also have the opportunity to submit your proxy to vote.

¹ See http://www2.fdic.gov/qbp/2012dec/all3a2.html (used to calculate average for institutions with a similar asset size).

² See http://www2.fdic.gov/qbp/2011dec/all3a2.html; and http://www2.fdic.gov/qbp/2010dec/all3a2.html (used to calculate average for institutions with a similar asset size); See also http://www2.fdic.gov/qbp/2012dec/all1a.html (all institutions average).

To Participants in the Harvard Illinois Bancorp, Inc. ESOP and 401(k) Plans:

Please note that any votes received by us are confidential and will not be disclosed to the company.

Colbent Corporation.

Tabulator