Room 4561
via fax (843) 383-0570
						July 22, 2005

Curtis A Tyner, Sr
Chief Executive Officer & Chief Financial Officer
Regional Bankshares, Inc.
206 South Fifth Street
Hartsville, South Carolina 29550

Re:	Regional Bankshares, Inc
	Form 10-K for Fiscal Year Ended December 31, 2004
	Filed March 31,2005
	Form 10-Q for Fiscal Quarter Ended March 31, 2005
	Filed May 13, 2005

Dear Mr. Tyner:

      We have reviewed the above referenced filing and have the
following comments.  Please note that we have limited our review
to
the matters addressed in the comments below.  Where indicated, we
think you should revise your document in response to these
comments.
If you disagree, we will consider your explanation as to why our
comment is inapplicable or a revision is unnecessary.  Please be
as
detailed as necessary in your explanation.  In some of our
comments,
we may ask you to provide us with supplemental information so we
may
better understand your disclosure.  After reviewing this
information,
we may or may not raise additional comments.

	Please understand that the purpose of our review process is
to
assist you in your compliance with the applicable disclosure
requirements and to enhance the overall disclosure in your filing.
We look forward to working with you in these respects.  We welcome
any questions you may have about our comments or any other aspect
of
our review.  Feel free to call us at the telephone numbers listed
at
the end of this letter.

Note 1 - Summary of Significant Accounting Policies

Residential Mortgage Origination Fees, page 24

1. We note your references throughout the Company`s Form 10-KSB to
a
correspondent mortgage company.  With regards to this arrangement,
please provide the following:
* On page 1 you indicate that residential mortgage loans are
maintained in-house with conventional mortgage financing arranged
through a correspondent mortgage company.  In Note 1, however, you
indicate that loans are closed in the name of correspondents and
the
Company receives fees for services you provide to the
correspondent.
Explain, in detail the arrangements you have with the
correspondent
mortgage company(s).  Tell us what services you provide to the
correspondents and what services you receive from them.  Tell us
what
fees are exchanged and how you account for them.
* Tell us if there are any related party interests between the
Company and your correspondent mortgage company.
* On page 3 you indicate that the Bank generally charges an
origination fee on its real estate loans.  Is this the same
origination fee that you refer to in Note 1 for services you
provide
to your correspondent?  Does the Company charge origination fees
on
loans that it originates in-house and maintains in its portfolio?
If
so, tell us how you considered SFAS 91 in accounting for such
fees.
* On page 3 you indicate that the Bank originates mortgage loans
for
sale into the secondary market, earning a fee, but avoiding the
interest rate risk of holding long-term, fixed-rate loans.  Is the
correspondent mortgage company involved in these originations?
Tell
us the amount of loans sold during each reported period and tell
us
how you considered SFAS 140 in accounting for such sales.

	As appropriate, please amend your filing and respond to these
comments within 10 business days or tell us when you will provide
us
with a response.  Please submit all correspondence and
supplemental
materials on EDGAR as required by Rule 101 of Regulation S-T.  You
may wish to provide us with marked copies of any amendment to
expedite our review.  Please furnish a cover letter with any
amendment that keys your responses to our comments and provides
any
requested information.  Detailed cover letters greatly facilitate
our
review.  Please understand that we may have additional comments
after
reviewing any amendment and your responses to our comments.

	 We urge all persons who are responsible for the accuracy and
adequacy of the disclosure in the filing reviewed by the staff to
be
certain that they have provided all information investors require
for
an informed decision.  Since the company and its management are in
possession of all facts relating to a company`s disclosure, they
are
responsible for the accuracy and adequacy of the disclosures they
have made.

	In connection with responding to our comments, please
provide,
in writing, a statement from the company acknowledging that:

* the company is responsible for the adequacy and accuracy of the
disclosure in the filing;

* staff comments or changes to disclosure in response to staff
comments do not foreclose the Commission from taking any action
with
respect to the filing; and

* the company may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the
federal securities laws of the United States.

      In addition, please be advised that the Division of
Enforcement
has access to all information you provide to the staff of the
Division of Corporation Finance in our review of your filing or in
response to our comments on your filing.

You may contact me at (202) 551-3499 if you have questions
regarding
these comments.

Sincerely,


      Kathleen Collins
      Accounting Branch Chief
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Mr. Curtis A. Tyner, Sr
Regional Bankshares, Inc
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