SC 13D/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

______________

SCHEDULE 13D
(Rule 13d-101)

Under the Securities Exchange Act of 1934
(Amendment No. 3)*

Florida Banks, Inc.

(Name of Issuer)

Common Stock, $.01 par value

(Title of Class of Securities)

340560101

(CUSIP number)

Troy D. Wuertz
Carlson Capital, L.P.
2100 McKinney Ave, Suite 1600
Dallas, TX 75201
(214) 932-9600

(Name, address and telephone number of person
authorized to receive notices and communications)

May 16, 2003

(Date of event which requires filing of this statement)

     If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [  ].

     Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

______

     *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 340560101 13D/A Page   2   of   6   Pages

1	NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
	Carlson Capital, L.P.	I.R.S. Identification No. -75-273-3266---
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
			(a) [   ]
			(b) [X]
3	SEC USE ONLY
4	SOURCE OF FUNDS*
	WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)[  ]
6	CITIZENSHIP OR PLACE OF ORGANIZATION
	DELAWARE

NUMBER OF SHARES	7	SOLE VOTING POWER
BENEFICIALLY OWNED BY		0
EACH REPORTING	8	SHARED VOTING POWER
PERSON WITH		407,240
	9	SOLE DISPOSITIVE POWER
		0
	10	SHARED DISPOSITIVE POWER
		407,240

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	407,240
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*	[   ]
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	6.00%
14	TYPE OF REPORTING PERSON*
	IA, PN

CUSIP No. 340560101 13D/A Page   3   of   6   Pages

1	NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
	Clint D. Carlson	Social Security No. ---
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
			(a) [   ]
			(b) [X]
3	SEC USE ONLY
4	SOURCE OF FUNDS*
	N/A
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)[  ]
6	CITIZENSHIP OR PLACE OF ORGANIZATION
	UNITED STATES OF AMERICA

NUMBER OF SHARES	7	SOLE VOTING POWER
BENEFICIALLY OWNED BY		0
EACH REPORTING	8	SHARED VOTING POWER
PERSON WITH		407,240
	9	SOLE DISPOSITIVE POWER
		0
	10	SHARED DISPOSITIVE POWER
		407,240

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	0
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*	[X]
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	0.00%
14	TYPE OF REPORTING PERSON*
	IN

     This Amendment No. 3 (“Amendment No. 3”) to statement on Schedule 13D is filed by Carlson Capital, L.P., a Delaware limited partnership (the “Partnership Reporting Person”) and Clint D. Carlson, an individual (together with the Partnership Reporting Person, the “Reporting Persons”), to amend the statement on Schedule 13D filed with the Securities and Exchange Commission on July 9, 2001, as amended by statements on Schedule 13D/A filed with the Securities and Exchange Commission on July 13, 2001, and May 16, 2002, relating to shares of Common Stock, $.01 par value (the “Common Stock”), of Florida Banks, Inc., a Florida Corporation (the “Issuer”). After the filing of Amendment No. 2 to statement on Schedule 13D and before the filing of this Amendment No. 3, Carlson Capital, L.P. merged with and into Carlson Offshore Advisors, L.P., and thereafter the merged entity changed its name to Carlson Capital, L.P. This Amendment No. 3 is filed for purposes of revising the percentages of Common Stock of the Issuer beneficially owned by the Reporting Persons.

Item 5. Interest in Securities of the Issuer

     Items 5(a), (b) and (c) are hereby amended and restated in their entirety as follows:

(a)	This Amendment No. 3 relates to 407,240 shares of Common Stock deemed beneficially owned by the Partnership Reporting Person, which constitutes approximately 6.00% of the issued and outstanding shares of Common Stock, over which Clint D. Carlson has voting power or investment control but to which he disclaims beneficial ownership.
(b)	The Partnership Reporting Person and Clint D. Carlson have shared voting and dispositive power with respect to 407,240 shares of Common Stock.
(c)	Within the past 60 days, accounts of or managed by the Reporting Persons purchased and sold shares of Common Stock on the dates, in the amounts and at the prices set forth on Exhibit A annexed hereto and incorporated by reference herein.

Item 7. Material to be Filed as Exhibits

     Item 7 is hereby amended as follows:

Exhibit A: Transactions in Shares of Common Stock Within Past 60 Days.

SIGNATURES

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     Dated: May 27, 2003

CARLSON CAPITAL, L.P.

        /s/ Clint D. Carlson
By: Clint D. Carlson, President of the General Partner

CLINT D. CARLSON, an individual

        /s/ Clint D. Carlson
By: Clint D. Carlson

5 EX-99 3 flbktradelist-1.htm EXIBIT A: TRADE LIST

EXHIBIT A

Transactions in Shares of Common Stock
Within Past 60 Days

Trade Type	Trade Date	Quantity		Price ($)
SELL	April 22, 2003		1,000	$10.42 per share
SELL	April 23, 2003		7,500	$10.13 per share
SELL	April 30, 2003		3,000	$10.82 per share
SELL	May 1, 2003		1,200	$10.78 per share
SELL	May 2, 2003		1,900	$10.93 per share
SELL	May 5, 2003		2,000	$10.90 per share
SELL	May 6, 2003		10,000	$10.83 per share
SELL	May 6, 2003		4,500	$10.85 per share
SELL	May 7, 2003		3,000	$10.89 per share
SELL	May 8, 2003		4,600	$11.04 per share
SELL	May 9, 2003		6,100	$11.43 per share
SELL	May 12, 2003		1,000	$11.14 per share
SELL	May 13, 2003		5,000	$11.10 per share
SELL	May 13, 2003		400	$11.13 per share
SELL	May 14, 2003		2,500	$11.06 per share
SELL	May 15, 2003		1,100	$11.25 per share
SELL	May 16, 2003		3,500	$11.10 per share
SELL	May 19, 2003		1,600	$11.08 per share
SELL	May 20, 2003		500	$11.22 per share
SELL	May 21, 2003		2,300	$11.33 per share
SELL	May 22, 2003		3,900	$11.33 per share
SELL	May 23, 2003		2,200	$11.37 per share
SELL	May 27, 2003		800	$11.42 per share

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EX-99

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