SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

~~Form~~ FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

~~Pursuant to Section~~April 1323, ~~or 15(d) of~~2004

~~the~~(Date ~~Securities~~of ~~Exchange~~earliest ~~Act~~event ~~of 1934~~ reported)

~~Date~~LOCAL ofFINANCIAL ~~Report (Date of earliest event reported): January 22, 2004~~CORPORATION

Local Financial Corporation

(Exact name of registrant as specified in its charter)

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

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

~~Registrant’s telephone number, including area code:~~ (405) 841-2298

(Registrant’s telephone number, including area code)

Not Applicable

(Former name, or former address and former fiscal year, if changed since last report)

TABLE OF CONTENTS

	Item 5. Other Events
	Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
SIGNATURES
	Item 9. Regulation FD Disclosure
Exhibit Index
SIGNATURE
EX-2.1 Agreement and Plan of Merger
Press Release

Item 5 7. ~~Other~~Financial ~~Events.~~ Statements, Pro Forma Financial Information and Exhibits

~~On January 22, 2004, Local Financial Corporation~~ (~~the “Company”~~a) ~~and International~~Not ~~Bancshares~~applicable. ~~Corporation~~ (~~“IBC”~~b) ~~entered~~Not ~~into~~applicable. ~~an Agreement and Plan of Merger~~ (~~the “Agreement”~~c). AThe ~~copy~~following ofexhibit ~~the~~is ~~Agreement~~included iswith ~~attached~~this ~~hereto~~Report: as Exhibit 2 99.1. ~~The~~Press ~~Company~~Release ~~and~~dated ~~IBC~~April ~~issued a joint press release announcing the execution of the Agreement on January 22~~23, 2004~~, which is incorporated herein by reference~~.

Item 7 9. ~~Financial~~Regulation ~~Statements,~~FD ~~Pro Forma Financial Information and Exhibits.~~ Disclosure

~~(c) Exhibits~~ On April 23, 2004, Local Financial Corporation announced by press release its earnings for the quarter ended March 31, 2004. 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.

2.1		Agreement and Plan of Merger, dated as of January 22, 2004, by and among Local Financial Corporation, International Bancshares Corporation and LFC Acquisition Corp.
99.1		Joint press release dated January 22, 2004 announcing execution of the Agreement (incorporated by reference from the Company’s Rule 425 filing on January 22, 2004 with the Securities and Exchange Commission).

2SIGNATURE

~~Table~~ Pursuant to the requirements of ~~Contents~~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.

~~SIGNATURES~~ LOCAL FINANCIAL CORPORATION By: /s/Richard L. Park Richard L. Park Chief Financial Officer

~~Pursuant~~Date: ~~to the requirements of the Securities Exchange Act of 1934~~April 23, ~~the~~2004 ~~Registrant has duly caused this report to be signed on its behalf by the~~ ~~undersigned hereunto duly authorized.~~

	LOCAL FINANCIAL CORPORATION
Date: January 23, 2004	By:	/s/ Richard L. Park
		Richard L. Park
		Chief Financial Officer

Exhibit Index

2.1		Agreement and Plan of Merger, dated as of January 22, 2004, by and among Local Financial Corporation, International Bancshares Corporation and LFC Acquisition Corp.
99.1		Joint press release dated January 22, 2004 announcing execution of the Agreement (incorporated by reference from the Company’s Rule 425 filing on January 22, 2004 with the Securities and Exchange Commission).

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