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

						FORM 8-K

					CURRENT REPORT
	Pursuant to Section 13OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  May 10, 2005

       			BOL BANCSHARES, INC.
       (Exact name of registrant as specified in its charter)

Louisiana				    0-16934		72-1121561
(State or other jurisdiction    (Commission      (IRS Employer
          of incorporation)      File Number)    Identification No.)

		300 St. Charles Avenue, New Orleans, LA             70130
		(Address of principal executive offices)        (Zip Code)

Registrant?s telephone number, including area code:  (504) 889-9400

					N/A
	(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 (see General Instruction A.2. below):

[] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)

[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[] Pre-commencement communications pursuant to Rule 13e-4(b) under the
Exchange Act (17 CFR 240.13e-4(c))


				CURRENT REPORT ON FORM 8-K

ITEM 5.02  Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers.


On May 10, 2005, director Douglas A. Schonacher submitted a letter of
resignation.  The letter states that effective immediately Mr. Schonacher
resigned from the Board of Directors of Bank of Louisiana and BOL Bancshares,
Inc.  Mr. Schonacher?s resignation was not due to any disagreement on any
matter relating to its operations, policies or practices.







					SIGNATURES

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.


					BOL BANCSHARES, INC.
					(Registrant)


June 7, 2005		      /s/ G. Harrison Scott
					G. Harrison Scott
					Chairman and President
					(in his capacity as a duly authorized
					  officer of the Registrant)