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

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 3)⁽¹⁾

Florida Banks, Inc.

(Name of Issuer)

Common Stock, Par Value $.01 Per Share

(Title of Class of Securities)

340560101

(Cusip Number)

December 31, 2003

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1 (b)

x Rule 13d-1 (c)

o Rule 13d-1 (d)

⁽¹⁾  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 the disclosures provided in a prior cover page.

The information required in 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 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).

13G
CUSIP No. 340560101					Page 2 of 6
	1.	Name of Reporting Person: W. Carl Smith			I.R.S. Identification Nos. of above persons (entities only):
	2.	Check the Appropriate Box if a Member of a Group:
		(a)	o
		(b)	o
	3.	SEC Use Only:
	4.	Citizenship or Place of Organization: United States of America
Number of Shares Beneficially Owned by Each Reporting Person With
			5.	Sole Voting Power: 434,600
			6.	Shared Voting Power: 36,500
			7.	Sole Dispositive Power: 434,600
			8.	Shared Dispositive Power: 36,500
	9.	Aggregate Amount Beneficially Owned by Each Reporting Person: 471,100
	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares: o
	11.	Percent of Class Represented by Amount in Row (9): 6.86%
	12.	Type of Reporting Person: IN

CUSIP No. 340560101 13G Page 3 of 6

Item 1(a).	Name of Issuer:
	Florida Banks, Inc.
Item 1(b).	Address of Issuer’s Principal Executive Offices:
	5210 Belfort Road, Suite 310 Jacksonville, Florida 32256
Item 2(a).	Name of Person Filing:
	W. Carl Smith
Item 2(b).	Address of Principal Business Office or, if None, Residence:
	The principal business office of the Reporting Person is:
	P.O. Box 505 Greer, South Carolina 29652
Item 2(c).	Citizenship:
	United States of America
Item 2(d).	Title of Class of Securities:
	Common Stock, par value $.01 per share.
Item 2(e).	CUSIP Number:
	340560101
Item 3.	If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

(a)	o	Broker or dealer registered under Section 15 of the Exchange Act.
(b)	o	Bank as defined in Section 3(a)(6) of the Exchange Act.
(c)	o	Insurance company as defined in Section 3(a)(19) of the Exchange Act.

CUSIP No. 340560101 13G Page 4 of 6

(d)	o	Investment company registered under Section 8 of the Investment Company Act.
(e)	o	An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)	o	An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g)	o	A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
(h)	o	A savings associative as defined in Section 3(b) of the Federal Deposit Insurance Act;
(i)	o	A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
(j)	o	Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

	If this statement is filed pursuant to Rule 13d-1(c), check this box. o
Item 4.	Ownership.
	Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)	Amount beneficially owned: 471,100. Represents 434,600 shares of common stock held individually by Mr. Smith, 32,500 shares of common stock controlled by Mr. Smith’s wife and 4,000 shares held by Mr. Smith’s wife.
(b)	Percent of class: 6.86%
(c)	Number of shares as to which such person has:

(i)	Sole power to vote or to direct the vote	434,600
(ii)	Shared power to vote or to direct the vote	36,500
(iii)	Sole power to dispose or to direct the disposition of	434,600
(iv)	Shared power to dispose or to direct the disposition of	36,500

CUSIP No. 340560101 13G Page 5 of 6

Item 5.	Ownership of Five Percent or Less of a Class.
	If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
Item 6.	Ownership of More than Five Percent on Behalf of Another Person.
	Not applicable.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
	Not applicable.
Item 8.	Identification and Classification of Members of the Group.
	Not applicable.
Item 9.	Notice of Dissolution of Group.
	Not applicable.
Item 10.	Certifications.
	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

CUSIP No. 340560101 13G Page 6 of 6

SIGNATURE

     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.

March 5, 2004

(Date)

/s/ W. Carl Smith

W. Carl Smith