<PAGE>


                       Securities and Exchange Commission
                              Washington D.C. 20549
                                   FORM 10-K/A


              Annual Report Pursuant to Section 13 or 15 (d) of the
                        Securities Exchange Act of 1934


For the fiscal year ended                                        Commission file
December 31, 2001                                                Number 0-22387


                               Amendment Number 1


                               DCB FINANCIAL CORP.
           (Exact name of the registrant as specified in its Charter)


                  OHIO                                   31-1469837
        (State of Incorporation)            (I.R.S. Employer Identification No.)


 110 Riverbend Ave., Lewis Center, Ohio                    43035
(Address of principal executive offices)                 (Zip Code)


                                 (740) 657-7000
              (Registrant's telephone number, including area code)


                 Securities Registered Pursuant to Section 12(b)
                                of the Act: None


                 Securities Registered Pursuant to Section 12(g)
                     of the Act: Common Shares, No Par Value


Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the Registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

YES [X]  NO [ ]


<PAGE>

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]

At February 28, 2002, the aggregate market value of the voting stock held by
nonaffiliates of the registrant, based on a share price of $14.83 per share
(such price being the average of the bid and asked prices on such date) was
$57,483,838.

At February 28, 2002, the registrant had 4,273,200 common shares issued and
4,178,200 common shares outstanding.

The undersigned registrant hereby amends the following item of its Annual Report
pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 on Form
10-K for the fiscal year ended December 31, 2001 for the purpose of correcting a
deficiency in the form of signature to such form.


                                    SIGNATURE

     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.


     Dated: May 3, 2002


                                            DCB FINANCIAL CORP.


                                        By: /s/ Larry D. Coburn
                                            ------------------------------------
                                            Larry D. Coburn, President and CEO


     Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.


<PAGE>

Dated: May 3, 2002


                                    /s/ Larry D. Coburn
                                    --------------------------------------------
                                    Larry D. Coburn, President and CEO
                                    (Principal Executive Officer)


                                    /s/ John A. Ustaszewski
                                    --------------------------------------------
                                    John A. Ustaszewski, CFO
                                    (Principal Financial and Accounting Officer)