SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): November 1, 2004
REGIONAL BANKSHARES, INC.
South Carolina 000-32493 57-1108717
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
206 South Fifth Street, Hartsville, SC 29551
(Address of Principal Executive Offices)
(843) 383-4333
(Registrant's telephone number, including area code)
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:
[ ] 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(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Section 1 - Registrant's Business and Operations
Item 1.01 Entry Into a Material Definitive Agreement
On November 1, 2004, the Board of Directors of the Registrant set fees for
directors at $200 per meeting attended, and set Board committee member fees at
$100 per meeting attended. There are usually eleven regular Board meetings per
year, and committees meet as necessary.
On November 18, 2004, the Board of directors of Hartsville Community Bank,
which is the wholly-owned subsidiary of the Registrant, set fees for directors
at $200 per meeting attended, and set Board committee member fees at $100 per
meeting attended. There are usually eleven regular Board meetings per year, and
committees meet as necessary. Each of the directors of Hartsville Community Bank
is also a director of the Registrant.
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SIGNATURE
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.
REGIONAL BANKSHARES, INC.
(Registrant)
Date: February 22, 2005 By: /s/ Curtis A. Tyner
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Curtis A. Tyner
President
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