UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 12b-25

                         Commission File Number 0-15083

                           NOTIFICATION OF LATE FILING

(Check One):  [_] Form 10-K  [X] Form 11-K    [_] Form 20-F    [_] Form 10-Q
              [_] Form N-SAR

          For Period Ended:         December 15, 2001
                              ------------------------------

     [_]  Transition Report on Form 10-K
     [_]  Transition Report on Form 20-F
     [_]  Transition Report on Form 11-K
     [_]  Transition Report on Form 10-Q
     [_]  Transition Report on Form N-SAR
          For the Transition Period Ended:______________________________________


If the notification  relates to a portion of the filing checked above,  identify
the item(s) to which the notification relates: ________________________

PART I
REGISTRANT INFORMATION

Full name of registrant:  The South Financial Group, Inc. (Carolina First 401(k)
                          Plan)

Former name if applicable:  Carolina First Corporation

Address of principal executive office (Street and number)

102 South Main Street
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City, state and zip code:  Greenville, South Carolina  29601
                           --------------------------------------


PART II - RULE 12b-25(b) AND (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate.)

     (a) The reasons  described  in  reasonable  detail in Part III of this form
     could not be eliminated without unreasonable effort or expense;
     (b) The subject annual report,  semi-annual  report,  transition  report on
     Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
|X|  before the 15th  calendar day  following  the  prescribed  due date; or the
     subject  quarterly  report or  transition  report on Form 10-Q,  or portion
     thereof  will be filed on or before the fifth  calendar day  following  the
     prescribed due date; and
     (c) The accountant's  statement or other exhibit required by Rule 12b-25(c)
     has been attached if applicable.


PART III - NARRATIVE

State below in reasonable  detail why the Form 10-K,  11-K, 20-F 10-Q,  N-SAR or
the transition  report portion  thereof could not be filed within the prescribed
time period. (Attach extra sheets if needed.)

The required  financial  statements could not be completed without  unreasonable
effort or expense.


PART IV - OTHER INFORMATION

(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
     notification

          Mary Gentry                       (864)  255-4919
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            (Name)                     (Area Code) (Telephone Number)

(2)  Have all other periodic  reports  required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter  period that the
     registrant was required to file such report(s) been filed? If the answer is
     no, identify report(s).

                                [X] Yes    [_] No

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding  period for the last fiscal year will be reflected by the
     earnings  statements  to be  included  in the  subject  report  or  portion
     thereof?

                                [_] Yes    [X] No

If so: attach an explanation of the  anticipated  change,  both  narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

                       The South Financial Group, Inc.
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                  (Name of Registrant as Specified in Charter)

Has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.


Date: June 11, 2002               /s/ William S. Hummers III
                                  ---------------------------------------------
                                  By:      William S. Hummers III