-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 F0ULkT5VlHINz75dfad9UgVfGlktYHY+n4MAITBtTMoPe7Azs7Rkoc0k0i/SWTni
 8idbNU6LCWUROvT7ql4gbg==

<SEC-DOCUMENT>0000707855-07-000067.txt : 20070814
<SEC-HEADER>0000707855-07-000067.hdr.sgml : 20070814
<ACCEPTANCE-DATETIME>20070814190311
ACCESSION NUMBER:		0000707855-07-000067
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070809
FILED AS OF DATE:		20070814
DATE AS OF CHANGE:		20070814

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRINCETON NATIONAL BANCORP INC
		CENTRAL INDEX KEY:			0000707855
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				363210283
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		606 S MAIN ST
		CITY:			PRINCETON
		STATE:			IL
		ZIP:			61356
		BUSINESS PHONE:		8158754444

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PIETSCH ERVIN
		CENTRAL INDEX KEY:			0001251831

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20050
		FILM NUMBER:		071057608

	MAIL ADDRESS:	
		STREET 1:		606 SOUTH MAIN STREET
		CITY:			PRINCETON
		STATE:			IL
		ZIP:			61356
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-08-09</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000707855</issuerCik>
        <issuerName>PRINCETON NATIONAL BANCORP INC</issuerName>
        <issuerTradingSymbol>PNBC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001251831</rptOwnerCik>
            <rptOwnerName>PIETSCH ERVIN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>606 SOUTH MAIN STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PRINCETON</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>61356</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-08-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>5</transactionFormType>
                <transactionCode>L</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value>E</value>
                <footnoteId id="F1"/>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>100</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>26.9</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>19146.2164</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This is a small acquisition which is being voluntarily reported at this time instead of deferring such report for reporting on Form 5.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Lou Ann Birkey, Power of Attorney</signatureName>
        <signatureDate>2007-08-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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