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)
                                January 23, 2002





                       FIRST KANSAS FINANCIAL CORPORATION
                       ----------------------------------
             (Exact name of Registrant as specified in its Charter)



       Kansas                           0-24037               48-1198888
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(State or other jurisdiction         (SEC File No.)          (IRS Employer
     of incorporation)                                    Identification Number)


600 Main Street, Osawatomie, Kansas                             66064
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(Address of principal executive offices)                      (Zip Code)



Registrant's telephone number, including area code: (913)755-3033
                                                    -------------


                                 Not Applicable
          -------------------------------------------------------------
          (Former name or former address, if changed since last Report)


                       FIRST KANSAS FINANCIAL CORPORATION


                      INFORMATION TO BE INCLUDED IN REPORT
                      ------------------------------------


Item 5.  Other Events
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         On  January  23,  2002,  the  Registrant  announced  that it intends to
initiate  a  repurchase  plan  covering  up to of 5%,  or  51,298  shares of its
outstanding  common stock,  to be purchased in the open market.  The  Registrant
currently  has  1,025,961  shares of common stock  outstanding.  The  Registrant
announced  that the  repurchases  would be made from time to time in open market
transactions, subject to the availability of shares.

         For  further  details,  reference  is made to the Press  Release  dated
January 23, 2002, which is attached hereto as Exhibit 99 and incorporated herein
by this reference.


Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits
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Exhibit 99 -- Press Release dated January 23, 2002.
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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, thereunto duly authorized.


                                       FIRST KANSAS FINANCIAL CORPORATION


Date: January 24, 2002                 By: /s/Larry V. Bailey
                                           -------------------------------------
                                           Larry V. Bailey
                                           President and Chief Executive Officer





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