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

        Date of Report (Date of earliest event reported): April 23, 2002

                            SUPERIOR FINANCIAL CORP.
             (Exact name of registrant as specified in its charter)


         Delaware                 0-25239                      51-0379417
(State of Incorporation)    (Commission File No.)        (IRS Employer I.D. No.)


        16101 LaGrande Drive, Suite 103
             Little Rock, Arkansas                              72223
    (Address of Principal Executive Office)                   (Zip code)


        Registrant's telephone number, including area code: 501-324-7282



Item 9. Regulation FD Disclosure

The Registrant hereby furnishes as Regulation F-D Disclosure its press release
regarding earnings results for the quarter ended March 31, 2002. Such press
release is attached hereto as Exhibit 99.1

  Exhibit No.      Document Description

     99.1          Press Release Announcing Earnings


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                                   SIGNATURES

     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 hereunto duly authorized.

                                           SUPERIOR FINANCIAL CORP.
                                           ------------------------
                                                 (Registrant)


Date:    April 23, 2002                    /s/ Rick D. Gardner
                                           -------------------------------------
                                           Rick D. Gardner
                                           Chief Financial Officer

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