UNITED STATES
                       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: June 14, 2002




                         The South Financial Group, Inc.
                         -------------------------------
             (Exact name of registrant as specified in its charter)




      South Carolina                0-15083                   57-0824914
  ------------------------        -----------            ----------------------
  (State of other juris-          (Commission                (IRS Employer
  diction of incorporation)       File Number)           Identification Number)


         102 South Main Street, Greenville, South Carolina      29601
         ---------------------------------------------------------------
         (Address of principal executive offices)             (Zip Code)



Registrant's telephone number, including area code:  (864) 255-7900









ITEM 5.  OTHER EVENTS
         ------------

         On  June  11,  2002,  Carolina  First  Bank  consummated  the  sale  of
approximately $51.6 million of securities (before deducting offering expenses of
approximately  $2.5 million)  issued by Carolina First  Mortgage Loan Trust,  an
indirect  subsidiary  of Carolina  First Bank that has been  qualified as a real
estate  investment trust under the Internal Revenue Code ("CFMLT").  The purpose
of the offering,  which was made solely to institutional investors, was to raise
capital.  This sale of securities was not registered  under the Securities  Act,
but was consummated pursuant to an exemption from the registration  requirements
of securities laws.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS
         ---------------------------------

(a)  Financial Statements of the Businesses Acquired.   Not Applicable

(b)  Pro Forma Financial Information.  Not Applicable

(c)  Exhibits.   Not Applicable





                                   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.


                                      THE SOUTH FINANCIAL GROUP, INC.


June 14, 2002                         By:      /s/ William S. Hummers III
                                      -------------------------------------
                                      William S. Hummers III
                                      Executive Vice President