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

                                    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):  October 20, 2006
                                                          ----------------

                    Southeastern Bank Financial Corporation
         -------------------------------------------------------------
               (Exact name of registrant as specified in charter)

         Georgia                    0-24172                 58-2005097
         -------------------------------------------------------------
         (State or other          (Commission            (IRS Employer
         jurisdiction of          File Number)          Identification No.)
         incorporation)

         3530 Wheeler Road, Augusta, GA                       30909
         -------------------------------------------------------------
         (Address of principal executive offices)           (Zip Code)

         Registrant's telephone number, including area code  (706) 738-6990
                                                           ------------------

         -------------------------------------------------------------
         (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:

[ ]  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))



Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits.

           The following exhibit is furnished herewith:

               Exhibit No.      Description
               -----------      -----------

                    99.1        Press Release, dated October 20, 2006.

Item 2.02. Results of Operations and Financial Condition.

          On  October  20,  2006  Southeastern  Bank  Financial Corporation (the
"Company")  issued  a  press  release  regarding  its  financial results for the
quarter  ended  September  30,  2006. The Company's press release is attached as
Exhibit  99.1  to  this  Current  Report  on  Form  8-K.

          The  information  in  this  Current Report on Form 8-K and the Exhibit
attached  hereto  shall  not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated by reference in
any  filing  under the Securities Act of 1933 or the Exchange Act, regardless of
any  general  incorporation  language  in  such  filing.


                                        2

                                   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  thereunto  duly  authorized.

                                        SOUTHEASTERN  BANK  FINANCIAL
                                        CORPORATION

                                        By:

Dated:  October 20, 2006
                                              /s/ Ronald L. Thigpen
                                        ------------------------------------
                                        Name:  Ronald L. Thigpen
                                              ------------------------------
                                        Title: Executive Vice President
                                              ------------------------------
                                               and Chief Operating Officer
                                        ------------------------------------


                                        3

                                  EXHIBIT INDEX

Exhibit  No.     Description
- ------------     -----------

   99.1          Press Release, dated October 20, 2006.


                                        4