SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


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                                    FORM 8-K


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


                         Date of report: January 7, 2003
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                              Sun Bancshares, Inc.
        (Exact name of small business issuer as specified in its charter)



      South Carolina                 333-30182               58-2466380
(State or Other Jurisdiction  (Commission File Number)      (IRS Employer
     of Incorporation)                                    Identification No.)


  4367 Riverwood Drive, Murrells Inlet, SC                    29576-1359
 (Address of Principal Executive Offices)                     (Zip Code)


                                 (843) 357-7007
              (Registrant's telephone number, including area code)



                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)



Item 4.   Changes in Registrant's Certifying Accountant.

(a)  Tourville, Simpson and Caskey, LLP (TSC), which has served as the principal
independent accountant for the Registrant since December 1999, resigned from
such position effective January 2, 2003. TSC's report on the financial
statements of the Company for each of the years ended December 31, 2000 and
December 31, 2001 did not contain an adverse opinion or a disclaimer of opinion
and was not qualified or modified as to uncertainty, audit scope or accounting
principles.

There were no disagreements between the Company and TSC on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope or procedure, which disagreements, if not resolved to the satisfaction of
TSC, would have caused it to make reference to the subject matter of the
disagreements in connection with its report. A letter from TSC is attached as
Exhibit 16.1 to this Report.

The disclosures required by Item 304 (a) (1) (iv) (B) of Regulation S-B are not
applicable.

(b)  Elliott Davis, LLC, certified public accountants, was engaged by the
     Registrant on January 2, 2003, to audit the financial statements for the
     year ending December 31, 2002. The Registrant did not consult Elliott Davis
     regarding any of the matters set forth in Item 304 (a) (2) (i) or (ii) of
     Regulation S-B.


Item 7.   Financial Statements, Pro Forma Financial Information and  Exhibits.

(c)  Exhibits

Exhibit
Number         Description of Exhibit
- -------        ----------------------
16.1           Letter of Tourville, Simpson and Caskey, LLP regarding change
               certifying accountant.



               SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                          SUN BANCSHARES, INC.



                                          By: /s/ Thomas Bouchette
                                              ---------------------------
                                          Thomas Bouchette, President


                                          January 7, 2003



          EXHIBIT INDEX

Exhibit
Number         Description of Exhibit
- -------        ----------------------
*16.1          Letter of Tourville, Simpson and Caskey, LLP regarding change in
               certifying accountant.


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* Filed herewith.