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<B><P ALIGN="CENTER">UNITED STATES</B></TD>
</TR>
<TR><TD VALIGN="TOP">
<B><P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</B></TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">Washington, D.C. 20549</TD>
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<P ALIGN="CENTER"></P>
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<B><P ALIGN="CENTER">FORM S-8</B></TD>
</TR>
<TR><TD VALIGN="TOP">
<B><P ALIGN="CENTER">REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B></TD>
</TR>
</TABLE>


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<TR><TD VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD VALIGN="TOP">
<B><P ALIGN="CENTER">BANCTRUST FINANCIAL GROUP, INC.</B></TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">(Exact name of Registrant as specified in its charter)</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P ALIGN="CENTER">Alabama</P>
<P ALIGN="CENTER">(State of incorporation)</TD>
<TD WIDTH="50%" VALIGN="TOP">
<P ALIGN="CENTER">63-0909434</P>
<P ALIGN="CENTER">(I.R.S. Employer Identification No.)</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 WIDTH=638>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">100 St. Joseph Street</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">Mobile, Alabama 36602</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">(251) 431-7800</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">(Address of Principal Executive Offices)</TD>
</TR>
</TABLE>

<P ALIGN="CENTER"></P>
<TABLE CELLSPACING=0 BORDER=0 WIDTH=638>
<TR><TD VALIGN="TOP">
<B><P ALIGN="CENTER">SOUTH ALABAMA BANCORPORATION, INC. </B></TD>
</TR>
<TR><TD VALIGN="TOP">
<B><P ALIGN="CENTER">2001 INCENTIVE COMPENSATION PLAN</B></TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">(Full Title of the Plan)</TD>
</TR>
</TABLE>

<P ALIGN="CENTER"></P>
<TABLE CELLSPACING=0 BORDER=0 WIDTH=638>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">F. Michael Johnson</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">Secretary and Chief Financial Officer</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">BancTrust Financial Group, Inc.</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">100 St. Joseph Street</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">Mobile, Alabama 36602</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">(251) 431-7800</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">(Name, address, and telephone number of agent for service)</TD>
</TR>
<TR><TD VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">With copies to:</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">Brooks P. Milling, Esq.</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">Hand Arendall, L.L.C.</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">P. O. Box 123</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">Mobile, Alabama 36601</TD>
</TR>
<TR><TD VALIGN="TOP">
<P ALIGN="CENTER">(251) 432-5511</TD>
</TR>
</TABLE>

<P ALIGN="CENTER"></P>
<TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=643>
<TR><TD VALIGN="TOP">
<B><P ALIGN="CENTER">CALCULATION OF REGISTRATION FEE</B></TD>
</TR>
</TABLE>


<TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=643>
<TR><TD WIDTH="29%" VALIGN="BOTTOM">
<P ALIGN="CENTER">Title of Securities to be Registered</TD>
<TD WIDTH="19%" VALIGN="BOTTOM">
<P ALIGN="CENTER">Amount to be Registered (1)</TD>
<TD WIDTH="17%" VALIGN="BOTTOM">
<P ALIGN="CENTER">Proposed Maximum Offering Price</P>
<P ALIGN="CENTER">Per Share (2)</TD>
<TD WIDTH="21%" VALIGN="BOTTOM">
<P ALIGN="CENTER">Proposed Maximum</P>
<P ALIGN="CENTER">Aggregate</P>
<P ALIGN="CENTER">Offering Price (3)</TD>
<TD WIDTH="15%" VALIGN="BOTTOM">
<P ALIGN="CENTER">Amount of</P>
<P ALIGN="CENTER">Registration Fee</TD>
</TR>
<TR><TD WIDTH="29%" VALIGN="BOTTOM">
<P ALIGN="CENTER">Common Stock, $.01 Par</TD>
<TD WIDTH="19%" VALIGN="BOTTOM">
<P ALIGN="CENTER">250,000 Shares</TD>
<TD WIDTH="17%" VALIGN="BOTTOM">
<P ALIGN="CENTER">$19.80</TD>
<TD WIDTH="21%" VALIGN="BOTTOM">
<P ALIGN="CENTER">$4,950,000</TD>
<TD WIDTH="15%" VALIGN="BOTTOM">
<P ALIGN="CENTER">$151.97</TD>
</TR>
</TABLE>


<OL>

<P ALIGN="JUSTIFY"><LI>Representing shares of the Registrant's common stock, $0.01 par value (the "Common Stock"), to be issued and sold by the Registrant in connection with the grant of restricted stock appreciation rights and stock options under the Registrant's 2001 Incentive Compensation Plan (the "Plan").  This registration statement also covers such indeterminable number of additional shares as may become issuable to prevent dilution in the event of stock splits, stock dividends or similar transactions pursuant to the terms of the Plan.</LI></P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY"><LI>Based on the average of the high and low prices of the Registrant's common stock as reported on the Nasdaq Global Select Market on June 14, 2007.  </LI></P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY"><LI>Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h)(1) under the Securities Act of 1933, as amended.</LI></P></OL>


<B><P>Incorporation by Reference of Contents of Registration Statement on Form S-8 (Reg. No. 333-71910).</P>
</B>
<P>&#9;The contents of the Registration Statement on Form S-8 filed by the Registrant, then known as South Alabama Bancorporation, Inc., on October 19, 2001 (Registration No. 333-71910) relating to the Plan are herby incorporated by reference pursuant to General Instruction E to Form S-8.</P>
<P ALIGN="JUSTIFY"></P>
<B><P ALIGN="CENTER">SIGNATURES</P>
</B><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">&#9;Pursuant to the requirements of the Securities Act of 1933, BancTrust Financial Group, Inc. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Mobile, State of Alabama, on the <I>15<SUP>th</I></SUP> day of June, 2007.</P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;&#9;&#9;&#9;</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<TABLE CELLSPACING=0 BORDER=0 WIDTH=638>
<TR><TD WIDTH="51%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="49%" VALIGN="TOP">
<P ALIGN="JUSTIFY">BANCTRUST FINANCIAL GROUP, INC.</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
</TR>
<TR><TD WIDTH="51%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="49%" VALIGN="TOP">
<P ALIGN="JUSTIFY">By:  <I><U> /s/ W. Bibb Lamar, Jr.&#9;&#9;&#9;</I></U> </TD>
</TR>
<TR><TD WIDTH="51%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="49%" VALIGN="TOP">
<P ALIGN="JUSTIFY">       W. Bibb Lamar, Jr., President and</TD>
</TR>
<TR><TD WIDTH="51%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="49%" VALIGN="TOP">
<P>        Chief Executive Officer</TD>
</TR>
</TABLE>

<P ALIGN="JUSTIFY"></P>
<B><P ALIGN="CENTER">POWER OF ATTORNEY</P>
</B><P ALIGN="JUSTIFY">We, the undersigned officers and directors of BancTrust Financial Group, Inc., hereby severally constitute W. Bibb Lamar, Jr. and F. Michael Johnson and each of them singly, our true and lawful attorneys with full power to them, and each of them singly, to sign for us and in our names in the capacities indicated below the Registration Statement filed herewith and any and all amendments to said Registration Statement, and generally to do all such things in our name and behalf in our capacities as officers and directors to enable BancTrust Financial Group, Inc. to comply with the provisions of the Securities Act of 1933, as amended, and all requirements of the Securities and Exchange Commission, hereby ratifying and confirming our signatures as they may be signed by our said attorneys, or any of them, to said Registration Statement and any and all amendments thereto.  Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.</P>
<P ALIGN="JUSTIFY"></P>
<TABLE CELLSPACING=0 BORDER=0 WIDTH=638>
<TR><TD WIDTH="45%" VALIGN="TOP">
<U><P ALIGN="JUSTIFY">Signatures</U>&#9;&#9;&#9;</TD>
<TD WIDTH="42%" VALIGN="TOP">
<U><P>Title</U></TD>
<TD WIDTH="12%" VALIGN="TOP">
<U><P ALIGN="JUSTIFY">Date</U></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">  /s/ W. Bibb Lamar, Jr.&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">W. Bibb Lamar, Jr.&#9; </TD>
<TD WIDTH="42%" VALIGN="TOP">
<P>President, Chief Executive Officer and Director (Principal Executive Officer)&#9;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ F. Michael Johnson&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">F. Michael Johnson</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P>Chief Financial Officer and Secretary</P>
<P>(Principal Financial and Accounting Officer)&#9;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT>&#9;&#9;&#9;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ Tracy T. Conerly&#9;&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">Tracy T. Conerly</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P>Director&#9;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">  /s/ Stephen G. Crawford&#9;&#9; </P>
</I></U><P ALIGN="JUSTIFY">Stephen G. Crawford&#9;&#9;&#9;</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ David C. De Laney &#9;        &#9; </P>
</I></U><P ALIGN="JUSTIFY">David C. De Laney</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ Robert M. Dixon, Jr.&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">Robert M. Dixon, Jr.</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director&#9;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY"> /s / James A. Faulkner&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">James A. Faulkner&#9;&#9;&#9;&#9;&#9;&#9;</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ Broox G. Garrett, Jr.&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">Broox G. Garrett, Jr.</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ W. Dwight Harrigan&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">W. Dwight Harrigan</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director&#9;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ James P. Hayes, Jr.&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">James P. Hayes, Jr.&#9;&#9;&#9;</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ Clifton C. Inge, Jr..&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">Clifton C. Inge, Jr.</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director&#9;&#9;&#9;&#9;&#9;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/ John H. Lewis, Jr.  &#9;     &#9;</I></U></TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<P ALIGN="JUSTIFY">John H. Lewis, Jr.</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY"> /s/ Harris V. Morrissette&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">Harris V. Morrissette&#9;&#9;&#9;&#9;&#9;&#9;</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P>Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P>6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<P ALIGN="JUSTIFY">________________________________</P>
<P ALIGN="JUSTIFY">J. Stephen Nelson</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<P ALIGN="JUSTIFY">______</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">  /s/ Paul D. Owens, Jr.&#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">Paul D. Owens, Jr.&#9;&#9;&#9;&#9;&#9;&#9;</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="45%" VALIGN="TOP">
<I><U><P ALIGN="JUSTIFY">/s/  Dennis A. Wallace &#9;&#9;</P>
</I></U><P ALIGN="JUSTIFY">Dennis A. Wallace</TD>
<TD WIDTH="42%" VALIGN="TOP">
<P ALIGN="JUSTIFY">Director&#9;&#9;&#9;&#9;&#9;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<I><U><FONT SIZE=3><P ALIGN="JUSTIFY">6/15/07</I></U></FONT></TD>
</TR>
</TABLE>

<P ALIGN="JUSTIFY"></P>
<P ALIGN="CENTER">&nbsp;</P>
<B><U><P ALIGN="CENTER">INDEX TO EXHIBITS</P>
</B></U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER"><CENTER><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="16%" VALIGN="TOP">
<B><U><P ALIGN="CENTER">Exhibit No.</B></U></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>                                       <B><U>Description</B></U></TD>
</TR>
<TR><TD WIDTH="16%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="16%" VALIGN="TOP">
<P ALIGN="CENTER">5</TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Opinion of Hand Arendall, L.L.C.</TD>
</TR>
<TR><TD WIDTH="16%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="16%" VALIGN="TOP">
<P ALIGN="CENTER">23.1</TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Consent of Hand Arendall, L.L.C. is contained in its opinion filed as Exhibit 5.</TD>
</TR>
<TR><TD WIDTH="16%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="16%" VALIGN="TOP">
<P ALIGN="CENTER">23.2</TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Consent of KPMG LLP.</TD>
</TR>
<TR><TD WIDTH="16%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="16%" VALIGN="TOP">
<P ALIGN="CENTER">24</TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Power of Attorney (contained on signature pages).</TD>
</TR>
</TABLE>
</CENTER></P>

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</HTML>
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{"company-data": {"conformed-name": "BANCTRUST FINANCIAL GROUP INC", "cik": "0000783739", "assigned-sic": "6021", "irs-number": "630909434", "state-of-incorporation": "AL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-143806", "film-number": "07923644"}, "business-address": {"street1": "100 ST JOSEPH ST", "street2": "P O BOX 3067", "city": "MOBILE", "state": "AL", "zip": "36602", "phone": "2514317800"}, "former-company": [{"former-conformed-name": "SOUTH ALABAMA BANCORPORATION INC", "date-changed": "20010411"}, {"former-conformed-name": "MOBILE NATIONAL CORP", "date-changed": "19920703"}]}
SEC EDGAR Submission 0000721994-00-000006
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
BANCTRUST FINANCIAL GROUP, INC.
(Exact name of Registrant as specified in its charter)
Alabama
(State of incorporation)
63-0909434
(I.R.S. Employer Identification No.)
100 St. Joseph Street
Mobile, Alabama 36602
(251) 431-7800
(Address of Principal Executive Offices)
SOUTH ALABAMA BANCORPORATION, INC.
2001 INCENTIVE COMPENSATION PLAN
(Full Title of the Plan)
F. Michael Johnson
Secretary and Chief Financial Officer
BancTrust Financial Group, Inc.
100 St. Joseph Street
Mobile, Alabama 36602
(251) 431-7800
(Name, address, and telephone number of agent for service)
With copies to:
Brooks P. Milling, Esq.
Hand Arendall, L.L.C.
P. O. Box 123
Mobile, Alabama 36601
(251) 432-5511
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered
Amount to be Registered (1)
Proposed Maximum Offering Price
Per Share (2)
Proposed Maximum
Aggregate
Offering Price (3)
Amount of
Registration Fee
Common Stock, $.01 Par
250,000 Shares
$19.80
$4,950,000
$151.97
Representing shares of the Registrant's common stock, $0.01 par value (the "Common Stock"), to be issued and sold by the Registrant in connection with the grant of restricted stock appreciation rights and stock options under the Registrant's 2001 Incentive Compensation Plan (the "Plan").  This registration statement also covers such indeterminable number of additional shares as may become issuable to prevent dilution in the event of stock splits, stock dividends or similar transactions pursuant to the terms of the Plan.
Based on the average of the high and low prices of the Registrant's common stock as reported on the Nasdaq Global Select Market on June 14, 2007.
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h)(1) under the Securities Act of 1933, as amended.
Incorporation by Reference of Contents of Registration Statement on Form S-8 (Reg. No. 333-71910).
The contents of the Registration Statement on Form S-8 filed by the Registrant, then known as South Alabama Bancorporation, Inc., on October 19, 2001 (Registration No. 333-71910) relating to the Plan are herby incorporated by reference pursuant to General Instruction E to Form S-8.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, BancTrust Financial Group, Inc. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Mobile, State of Alabama, on the
15
th
day of June, 2007.
BANCTRUST FINANCIAL GROUP, INC.
By:
/s/ W. Bibb Lamar, Jr.
W. Bibb Lamar, Jr., President and
Chief Executive Officer
POWER OF ATTORNEY
We, the undersigned officers and directors of BancTrust Financial Group, Inc., hereby severally constitute W. Bibb Lamar, Jr. and F. Michael Johnson and each of them singly, our true and lawful attorneys with full power to them, and each of them singly, to sign for us and in our names in the capacities indicated below the Registration Statement filed herewith and any and all amendments to said Registration Statement, and generally to do all such things in our name and behalf in our capacities as officers and directors to enable BancTrust Financial Group, Inc. to comply with the provisions of the Securities Act of 1933, as amended, and all requirements of the Securities and Exchange Commission, hereby ratifying and confirming our signatures as they may be signed by our said attorneys, or any of them, to said Registration Statement and any and all amendments thereto.  Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.
Signatures
Title
Date
/s/ W. Bibb Lamar, Jr.
W. Bibb Lamar, Jr.
President, Chief Executive Officer and Director (Principal Executive Officer)
6/15/07
/s/ F. Michael Johnson
F. Michael Johnson
Chief Financial Officer and Secretary
(Principal Financial and Accounting Officer)
6/15/07
/s/ Tracy T. Conerly
Tracy T. Conerly
Director
6/15/07
/s/ Stephen G. Crawford
Stephen G. Crawford
Director
6/15/07
/s/ David C. De Laney
David C. De Laney
Director
6/15/07
/s/ Robert M. Dixon, Jr.
Robert M. Dixon, Jr.
Director
6/15/07
/s / James A. Faulkner
James A. Faulkner
Director
6/15/07
/s/ Broox G. Garrett, Jr.
Broox G. Garrett, Jr.
Director
6/15/07
/s/ W. Dwight Harrigan
W. Dwight Harrigan
Director
6/15/07
/s/ James P. Hayes, Jr.
James P. Hayes, Jr.
Director
6/15/07
/s/ Clifton C. Inge, Jr..
Clifton C. Inge, Jr.
Director
6/15/07
/s/ John H. Lewis, Jr.
Director
6/15/07
John H. Lewis, Jr.
/s/ Harris V. Morrissette
Harris V. Morrissette
Director
6/15/07
________________________________
J. Stephen Nelson
Director
______
/s/ Paul D. Owens, Jr.
Paul D. Owens, Jr.
Director
6/15/07
/s/  Dennis A. Wallace
Dennis A. Wallace
Director
6/15/07
INDEX TO EXHIBITS
Exhibit No.
Description
5
Opinion of Hand Arendall, L.L.C.
23.1
Consent of Hand Arendall, L.L.C. is contained in its opinion filed as Exhibit 5.
23.2
Consent of KPMG LLP.
24
Power of Attorney (contained on signature pages).