1 ================================================================================ /------------------------------/ / OMB APPROVAL / /------------------------------/ / OMB Number: 3235-0287 / / Expires: January 31, 2005 / / Estimated average burden / / hours per response...... 0.5 / /------------------------------/ +--------+ | FORM 4 | U.S. SECURITIES AND EXCHANGE COMMISSION +--------+ WASHINGTON, D.C. 20549 [_] Check this box if no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP to Section 16. Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities obligations may Exchange Act of 1934, Section 17(a) of the continue. See Public Utility Holding Company Act of 1935 or Instruction 1(b). Section 30(h) of the Investment Company Act of 1940 (Print or Type Responses) -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Rutschow, Sandra L. -------------------------------------------------------------------------------- (Last) (First) (Middle) 800 North Boulevard West -------------------------------------------------------------------------------- (Street) Leesburg, FL 34748 -------------------------------------------------------------------------------- (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol FFLC Bancorp, Inc. (FFLC) ----------------------------------- 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) -------------------------------------------------------------------------------- 4. Statement for Month/Day/Year 04/17/2003 ----------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) ---------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X Officer ___ 10% Owner ___ Other ---- ----- (give title below) (specify below) Secretary ---------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person ---- ____ Form filed by More than One Reporting Person

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. (Over) SEC 1474(9-02) Page 1 of 3 2

Explanation of Responses: SEE ATTACHED STATEMENT /s/ George W. Murphy, Jr. 04/21/03 -------------------------------- ------------------- **Signature of Reporting Person Date By: George W. Murphy, Jr., Power of Attorney For: Sandra L. Rutschow ** Intentional misstatements or ommissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2 of 3 3 FFLC BANCORP, INC. (FFLC) RUTSCHOW, SANDRA L. FORM 4 - 04/17/2003 800 NORTH BOULEVARD WEST LEESBURG, FL 34748 ================================================================================ EXPLANATION OF RESPONSES: (1) ON FEBRUARY 28, 2003, THE COMMON STOCK OF FFLC BANCORP, INC. SPLIT 3-FOR-2 RESULTING IN AN INCREASE OF DIRECT HOLDINGS OF 22,501.5 SHARES OF COMMON STOCK. (2) ON FEBRUARY 28, 2003, THE COMMON STOCK OF FFLC BANCORP, INC. SPLIT 3-FOR-2 RESULTING IN AN INCREASE OF INDIRECT BY KSOP HOLDINGS OF 4,028.4478 SHARES OF COMMON STOCK. (3) ON FEBRUARY 28, 2003, THE COMMON STOCK OF FFLC BANCORP, INC. SPLIT 3-FOR-2 RESULTING IN AN INCREASE OF INDIRECT BY RRP TRUST HOLDINGS OF 427 SHARES OF COMMON STOCK. (4) THIS OPTION WAS PREVIOUSLY REPORTED AS COVERING 9,859 SHARES AT AN EXERCISE PRICE OF $4 PER SHARE, BUT WAS ADJUSTED TO REFLECT A STOCK SPLIT ON FEBRUARY 28, 2003. PAGE 3 OF 3

RUTSCHOW SANDRA L 4