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): August 29, 2006
                                (August 25, 2006)

                           FIRST BANCTRUST CORPORATION

             (Exact name of registrant as specified in its charter)

           DELAWARE                  000-32535             37-1406661
  State or other jurisdiction       (Commission          (IRS Employer
       of Incorporation             File Number)         Identification No.)

                    101 SOUTH CENTRAL AVENUE, PARIS, IL 61944
               (Address of principal executive offices) (Zip Code)

                                 (217) 465-6381
              (Registrant's telephone number, including area code)

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))


               On August 25, 2006, First BancTrust Corporation entered into an
               agreement to acquire a branch located in Rantoul, Illinois from
               an unaffiliated financial institution. As part of the
               acquisition, First BancTrust will assume approximately $12
               million in deposits. First BancTrust anticipates that the branch
               purchase will close late in the fourth quarter of 2006 or early
               in the first quarter of 2007.


     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.

                                      FIRST BANCTRUST CORPORATION

Dated: August 29, 2006                /s/Terry J. Howard
                                      Terry J. Howard
                                      President and Chief Executive Officer