UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): December 13, 2005
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GRAYSON BANKSHARES, INC.
(Exact name of registrant as specified in its charter)
Virginia (State or other jurisdiction of incorporation) | 0-30535 (Commission File Number) | 54-1647596 (I.R.S. Employer Identification No.)
|
113 West Main Street Independence, Virginia (Address of principal executive offices) |
24348 (Zip Code)
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Registrant’s telephone number, including area code: (276) 773-2811
Not Applicable
(Former name or former address, if changed since last report)
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 communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
(b) Fred B. Jones resigned from the Board of Directors of Grayson Bankshares, Inc. (the “Company”) and its wholly owned subsidiary, The Grayson National Bank (the “Bank”), effective December 13, 2005. His resignation from both boards was due to his reaching the age limitation for directors under the Bank’s bylaws. Mr. Jones had been a director of the Company and the Bank since 1992.
(d) On December 13, 2005, the Board of Directors of the Company elected Brian Lee Edwards as a new director. Mr. Edwards has not yet been assigned to serve on a committee of the Board of Directors.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GRAYSON BANKSHARES, INC.
(Registrant)
Date: December 19, 2005
By: /s/ Blake M. Edwards
Blake M. Edwards
Chief Financial Officer
