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 (Date of earliest event reported): ~~November~~December 2315, 2010

SUPERIOR BANCORP

(Exact Name of Registrant as Specified in Charter)

Delaware

State or Other

Jurisdiction of

Incorporation

0-25033	63-1201350
(Commission	(IRS Employer
File Number)	Identification No.)
17 North 20thStreet, Birmingham, Alabama	35203
(Address of Principal Executive Offices)	Zip Code)

17 North 20th Street, Birmingham, Alabama	35203
(Address of Principal Executive Offices)	(Zip Code)

(205) 327-1400

(Registrant’s Telephone Number, including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Section~~SECTION 8 7– —OTHER ~~Regulation FD~~EVENTS

Item 7 8.01. ~~Regulation~~Other ~~FD Disclosure.~~Events

On ~~November~~December 2315, 2010, Superior Bancorp (NASDAQ: SUPR) issued a ~~press~~letter ~~release~~to the ~~announcing~~holders ~~that~~of ~~its wholly-owned~~Series ~~subsidiary,~~B ~~Superior~~Cumulative ~~Bank,~~Convertible ~~had~~Preferred ~~filed~~Stock aand ~~damage~~Series ~~claim~~C Cumulative asConvertible Preferred Stock (the “Preferred Stock”) regarding a mandatory ~~result~~conversion of the ~~oil~~Preferred ~~spill~~Stock inand ~~the~~certain ~~Gulf~~obligations ofowed ~~Mexico~~to the Preferred Stockholders. ~~The~~A ~~text~~copy of the ~~press~~letter ~~release~~ is attached tohereto ~~this report~~ as Exhibit 99 and is incorporated by reference into this Item 8.01.

~~This~~SECTION ~~information~~9 is— ~~furnished~~FINANCIAL ~~pursuant~~STATEMENTS toAND Item 7.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, unless we specifically incorporate it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934. By filing this report on Form 8-K and furnishing this information, we make no admission as to the materiality of any information in this report that is required to be disclosed solely by reason of Regulation FD.EXHIBITS

Section 9 — Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	~~Description~~	Description
Exhibit 99	~~Press Release of Superior Bancorp dated November 23, 2010~~	Letter from Superior Bancorp, dated December 15, 2010

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

	SUPERIOR BANCORP
Date: November 23, 2010	By:	/s/ C. Stanley Bailey
Date: December 15, 2010	By:	/s/ C. Stanley Bailey
		C. Stanley Bailey
		Chairman and Chief Executive Officer
		Chairman, President and Chief Executive Officer

INDEX TO EXHIBITS

Exhibit No.	~~Description~~	Description
Exhibit 99	~~Press Release of Superior Bancorp dated November 23, 2010~~	Letter from Superior Bancorp, dated December 15, 2010

Filing Compare · SUPERIOR BANCORP