<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-06-22</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000720002</issuerCik>
        <issuerName>MAINSOURCE FINANCIAL GROUP</issuerName>
        <issuerTradingSymbol>MSFG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001256237</rptOwnerCik>
            <rptOwnerName>BARRON WILLIAM G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>726 HARVARD DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>OWENSBORO</rptOwnerCity>
            <rptOwnerState>KY</rptOwnerState>
            <rptOwnerZipCode>42301</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common</value>
            </securityTitle>
            <transactionDate>
                <value>2004-06-22</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5271</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>18.97</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>473656.6366</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">This total includes shares which have been acquired through the Dividend Reinvestment Plan, shares acquired through a 5% stock dividend issued January 9, 2004, and shares acquired through a 3 for 2 stock split issued April 16, 2004.  OWNERSHIP SUMMARY: Self, 26,093.8843; Self/IRA, 26,429.3866; Spouse/IRA, 29,644.6589; FBO Children, 29,435.8819; Trust A, 44,586.0583; Family Trust, 192,656.9776; Family Partnership, 115,050.7054; Barron Enterprises, 9,759.0836.  Total Direct Ownership, 26,093.8843; Total Indirect Ownership, 447,562.7523.  Total Ownership: 473,656.6366</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>William G. Barron</signatureName>
        <signatureDate>2004-06-24</signatureDate>
    </ownerSignature>
</ownershipDocument>

