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


                                October 17, 2003
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                        (Date of earliest event reported)


                           LOCAL FINANCIAL CORPORATION
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             (Exact name of registrant as specified in its charter)


Delaware                               001-13949                  65-0424192
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(State or other jurisdiction    (Commission File Number)        (IRS Employer
of incorporation)                                            Identification No.)


3601 N.W. 63rd Street, Oklahoma City, Oklahoma                         73116
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(Address of principal executive offices)                             (Zip Code)


                                 (405) 841-2298
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              (Registrant's telephone number, including area code)

                                 Not Applicable
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     (Former name, former address and former fiscal year, if changed since
                                  last report)






ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         (a)      Not applicable.

         (b)      Not applicable.

         (c)      The following exhibit is included with this Report:

                  Exhibit 99.1 Press Release dated October 17, 2003.

ITEM 9. REGULATION FD DISCLOSURE

         On October 17, 2003, Local Financial Corporation announced by press
release its earnings for the quarter ended September 30, 2003. A copy of the
press release is attached hereto as Exhibit 99.1. The information contained in
this Report on Form 8-K is furnished pursuant to Item 12.







                                    SIGNATURE

         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 thereunto duly authorized.

                                         LOCAL FINANCIAL CORPORATION


                                           By: /s/ Richard L. Park
                                               ---------------------------------
                                               Richard L. Park
                                               Chief Financial Officer


Date: October 20, 2003