Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
TURNER DAVID T
 2. Issuer Name and Ticker or Trading Symbol
HAWTHORN BANCSHARES, INC. [HWBK] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
(Last)
(First)
(Middle)

742 TURNBERRY DRIVE		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2007
(Street)


JEFFERSON CITY, MO 65109		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock             8,623.492 (1) D  
Common Stock             18,961.784 (2) I Profit Sharing Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 16.33           12/04/2001(3) 12/04/2010 Common Stock
8,526
  8,526
D
 
Employee Stock Option (right to buy) $ 18.67           02/14/2003(4) 02/14/2012 Common Stock
7,758
  7,758
D
 
Employee Stock Option (right to buy) $ 26.57           03/03/2004(5) 03/03/2013 Common Stock
6,600
  6,600
D
 
Employee Stock Option (right to buy) $ 35.25           02/19/2005(6) 02/19/2014 Commong Stock
5,458
  5,458
D
 
Employee Stock Option (right to buy) $ 28.45           04/21/2006(7) 04/21/2015 Common Stock
6,898
  6,898
D
 
Employee Stock Option (right to buy) $ 29.95           03/03/2007(8) 03/03/2016 Common Stock
6,749
  6,749
D
 
Employee Stock Option (right to buy) $ 33.5           04/27/2008(9) 04/27/2017 Common Stock
7,164
  7,164
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TURNER DAVID T
742 TURNBERRY DRIVE
JEFFERSON CITY, MO 65109		   X     President  

Signatures

/s/ David T. Turner 02/14/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes shares acquired since last report pursuant to Company DRIP program.
(2) Includes shares acquired since last report pursuant to Company profit sharing trust.
(3) 25% per year beginning 2001-12-04.
(4) 25% per year beginning 2003-02-14.
(5) 1,090 vest after 1st year. 1,090 vest after 2nd year. 2,401 vest after 3rd year. 2,019 vest after 4th year.
(6) 1,317 vest after 3rd year. 2,836 vest after 4th year. 1,305 vest after 5th year.
(7) 1,898 vest in 2009; 3,514 vest in 2010. 1,486 vest in 2011.
(8) 1,927 vest 03/03/2011. 3,338 vest 03/03/2012. 1,484 vest 03/03/2013.
(9) 1,658 vest 04/27/2013. 2,985 vest 04/27/2014. 2,521 vest 04/27/2015.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.