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): January 1, 2010
FSB Community Bankshares, Inc.
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(Exact name of registrant as specified in its charter)
United States 000-52751 74-3164710
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
45 South Main Street, Fairport, New York 14450
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (585) 223-9080
Not Applicable
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(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(c) under the
Exchange Act (17 CRF 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
Mr. Lowell C. Patric was elected to the board of directors of FSB Community
Bankshares, Inc. (the "Company") effective January 1, 2010. There were no
arrangements or understandings between Mr. Patric and any other person pursuant
to which Mr. Patric was selected as a director of the Company.
The Company does not pay fees for service on the Board of Directors or
Board committees. However, each of the members of the Company's Board of
Directors also serves as a director of Fairport Savings Bank and earns fees in
that capacity. Each non-employee director receives a fee of $800 for each
scheduled monthly meeting, and receives $300 for attendance at meetings of the
Audit Committee, Compensation/Benefits/Marketing Committee, Nominating
Committee, ALCO Committee and Executive Committee.
Mr. Patric will sit on the Board's ALCO Committee and
Compensation/Benefits/ Marketing Committee.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired. Not Applicable.
(b) Pro Forma Financial Information. Not Applicable.
(c) Shell Company Transactions. Not Applicable.
(d) Exhibits. Not Applicable.
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.
FSB COMMUNITY BANKSHARES, INC.
DATE: January 4, 2010 By: /s/ Dana C. Gavenda
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Dana C. Gavenda
Chief Executive Officer