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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(h) of the Investment Company Act of 1940

o	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b)

Name and Address of Reporting
Person* (Last, First, Middle)

Issuer Name and Ticker or
Trading Symbol

I.R.S. Identification Number of Reporting
Person, if an entity (Voluntary)

Schmidt, Edward Frank

SouthTrust Corporation SOTR

420 North 20th Street - 4th Floor

Statement for (Month/Day/Year)

If Amendment, Date of Original (Month/Day/Year)

01/08/03

(Street)

Relationship of Reporting Person(s) to Issuer (Check All Applicable)

Individual or Joint/Group Filing
(Check Applicable Line)

Birmingham, AL 35203

(City) (State) (Zip)

Director

10% Owner

Form filed by One Reporting Person

Officer (give title below)

Form filed by More than One Reporting Person

Other (specify below)

Division President

Reminder:		Report on a separate line for each class of securities beneficially owned directly or indirectly.

*		If the form is filed by more than one reporting person, see instruction 4(b)(v).

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

Title of Security
(Instr. 3)

Transaction Date
(Month/Day/Year)

2a.

Deemed Execution
Date, if any.
(Month/Day/Year)

Transaction Code
(Instr. 8)

Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)

Amount of Securities
Beneficially Owned
Following Reported
Transactions(s)
(Instr. 3 and 4)

Ownership
Form:
Direct (D) or
Indirect (I)
(Instr. 4)

Nature of
Indirect
Beneficial
Ownership
(Instr. 4)

Code

Amount

(A)
or
(D)

Price

Common stock

01/06/03

6,142

6.25

Common stock

01/06/03

1,505

25.50

349,065.1407

Common stock

1,954.765

Spouse-Cust for child

Common stock

300

IRA

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1.	Title of Derivative Security (Instr. 3)	2.	Conversion or Exercise Price of Derivative Security		3.	Transaction Date (Month/Day/Year)	3a.	Deemed Execution Date, if any (Month/Day/Year)	4.	Transaction Code (Instr. 8)		5.	Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

										Code	V		(A)	(D)

	Right to buy			6.250		01/06/03				X				6,142

	Right to buy			6.2084

	Right to buy			6.3750

	Right to buy			8.4167

	Right to buy			8.4167

	Right to buy			12.1250

	Right to buy			12.1250

	Right to buy			18.0834

	Right to buy			18.0834

	Right to buy			18.9063

	Right to buy			18.9063

	Right to buy			15.6875

	Right to buy			20.03

	Right to buy			24.02

Page 3

Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)

Date Exercisable and
Expiration Date
(Month/Day/Year)

Title and Amount
of Underlying Securities
(Instr. 3 and 4)

Price of Derivative
Security
(Instr. 5)

Number of Derivative
Securities Beneficially Owned
Following Reported Transaction(s)
(Instr. 4)

10.

Ownership Form of
Derivative Security:
Direct (D) or Indirect (I)
(Instr. 4)

11.

Nature of
Indirect
Beneficial
Ownership
(Instr. 4)

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

1/20/1994

1/20/2003

Common stock

6,142

1/18/1995

1/18/2004

Common stock

6,000

1/18/1996

1/18/2005

Common stock

18,000

1/17/1997

1/17/2006

Common stock

6,538

1/17/1997

1/17/2006

Common stock

11,464

1/16/1998

1/16/2007

Common stock

17,964

1/16/1998

1/16/2007

Common stock

4,536

1/27/1999

1/27/2008

Common stock

5,530

1/27/1999

1/27/2008

Common stock

24,472

1/20/2000

1/20/2009

Common stock

34,712

1/20/2000

1/20/2009

Common stock

5,288

01/19/2003

1/18/2010

Common stock

47,000

01/16/2004

01/15/2011

Common stock

50,000

01/16/2005

01/15/2012

Common stock

50,000

Explanation of Responses:

* Includes 41,448.5476 shares in common stock held in the profit sharing plan of the company and allocated to the reporting person's account, which shares of common stock are exempt from Section 16(b) by virtue of Rule 16B-3(b)(3). Does not include shares of common stock of the company held by the company's pension plan under circumstances where only cash balances are allocated to participants (rather than such shares of common stock) and as to which the reporting person does not possess voting or investment powers.

* Includes 392.9087 shares of common stock held in the Employee Stock Ownership Plan.

** Includes acquisition of 12.895 shares in exempt transaction pursuant to dividend reinvestment plan on 01/02/03.

John D. Buchanan, Attorney-in-fact		01/08/03
**Signature of Reporting Person		Date

**		Intentional misstatements or omissions 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 is insufficient, see Instruction 6 for procedure.

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SCHMIDT E FRANK 4