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): May 6, 2003

                          Clover Leaf Financial Corp.
             (Exact name of registrant as specified in its charter)

         Delaware                     0-33413                    37-1416016
(State or other jurisdiction    (Commission File No.)         (I.R.S. Employer
      of incorporation)                                      Identification No.)

Registrant's telephone number, including area code:  (618) 656-6122

                                 Not Applicable
          (Former name or former address, if changed since last report)

Item 7.      Financial Statements, Pro Forma Financial Information, and Exhibits

         The Index of Exhibits immediately precedes the attached exhibits.

Item 9.      Regulation FD Disclosure - Item 12 Information

         On May 6, 2003, the Company issued a press release regarding its
earnings for the fiscal quarter ended March 31, 2003. The press release is
included as Exhibit 99 to this report.


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                                           CLOVER LEAF FINANCIAL CORP.

DATE:  May 6, 2003                     By: /s/ Dennis M. Terry
                                           Dennis M. Terry
                                           President and Chief Executive Officer

                                  EXHIBIT INDEX

The following Exhibits are filed as part of this report:

         Exhibit 99        Press Release of Clover Leaf Financial Corp.