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): SEPTEMBER 24, 2003

                              PRIVATEBANCORP, INC.
             (Exact Name of Registrant as Specified in its Charter)

                          ____________________________

         DELAWARE                     000-25887                   36-3681151
(State or other jurisdiction   (Commission file number)        (I.R.S. employer
     of incorporation)                                       identification no.)


     TEN NORTH DEARBORN                                              60602
      CHICAGO, ILLINOIS                                            (Zip Code)
   (Address of principal
    executive offices)

       Registrant's telephone number, including area code: (312) 683-7100

                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)





ITEM 9.  REGULATION FD DISCLOSURE.
         ------------------------

         On September 24, 2003, PrivateBancorp, Inc. (the "Company") announced
that it will webcast live its quarterly conference call with financial analysts
regarding its earnings results for the quarter ended September 30, 2003. The
call will be held on October 20, 2003 at 12:00 p.m. Eastern time (11:00 a.m.
Central Time). Access to the call will be available via a link called "Third
Quarter 2003 Earnings Call" on the investor relations page of the Company's
Internet website at www.privatebancorp.com. Attached as Exhibit 99.1 is a copy
of the press release relating to the conference call, which is incorporated
herein by reference.

         Note: the information in this report (including the exhibits) is
furnished pursuant to Item 9 and shall not be deemed to be "filed" for the
purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that section, or incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such a filing. This
report will not be deemed a determination or an admission as to the materiality
of any information in the report that is required to be disclosed solely by
Regulation FD.

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                                   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 hereunto duly authorized.

                                             PRIVATEBANCORP, INC.

                                             By: /s/ Ralph B. Mandell
                                                 -------------------------------
                                                 Ralph B. Mandell
                                                 Chairman of the Board and Chief
Date:  September 24, 2003                           Executive Officer

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                               INDEX TO EXHIBITS
                               -----------------

Exhibit
-------

 99.1            Press Release dated September 24, 2003

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