Exhibit 99.1


                    STATEMENT OF CHIEF EXECUTIVE OFFICER AND
             CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. ss. 1350

         In connection  with the Annual Report on Form 10-K for the period ended
December 31, 2002 (the "Form 10-K") of Grayson Bankshares, Inc. (the "Company"),
we, Jacky K.  Anderson,  Chief  Executive  Officer of the Company,  and Blake M.
Edwards,  Chief Financial Officer of the Company,  hereby certify pursuant to 18
U.S.C. ss. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002, that, to our knowledge:

         (a)      the Form 10-K fully complies with the  requirements of Section
         13(a) of the Securities Exchange Act of 1934, as amended; and

         (b)      the information contained in the Form 10-K fairly presents, in
         all  material  respects,   the  financial   condition  and  results  of
         operations  of the Company as of and for the periods  presented  in the
         Form 10-K.



         By:      /s/ Jacky K. Anderson               Date:    March 28, 2003
            ---------------------------------              ---------------------
                  Jacky K. Anderson
                  Chief Executive Officer



         By:      /s/ Blake M. Edwards                Date:    March 28, 2003
            ---------------------------------              ---------------------
                  Blake M. Edwards
                  Chief Financial Officer







[A signed  original of this written  statement  required by Section 906 has been
provided to Grayson Bankshares, Inc. and will be retained by Grayson Bankshares,
Inc. and furnished to the Securities  and Exchange  Commission or its staff upon
request.]