8-K

 

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): September 19, 2008

Fauquier Bankshares, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Virginia	000-25805	54-1288193
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
10 Courthouse Square, Warrenton, Virginia		20186
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 540.347.2700

Not Applicable
______________________________________________
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 8.01 Other Events.

On September 19, 2008, Fauquier Bankshares, Inc. (the "Company") issued a news release announcing that its Chairman, C. H. Lawrence Jr., will retire on December 31, 2009. The Company also stated that John B. Adams Jr., the Company’s current Vice Chairman, has been selected by the Company’s Board to assume the chairmanship upon Mr. Lawrence's retirement.

A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

News Release dated September 19, 2008, entitled "Fauquier Bankshares Chairman to Retire in December 2009; Successor Named by Board"

The information in this Form 8-K, and the exhibit hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

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.

	Fauquier Bankshares, Inc.
September 19, 2008	By:	Eric P. Graap
		Name: Eric P. Graap
		Title: Executive Vice President & CFO

Exhibit Index

Exhibit No.	Description
99.1	Fauquier Bankshares Chairman to Retire in December 2009; Successor Named by Board

EX-99.1

NEWS RELEASE

CONTACT ERIC GRAAP

(540) 349-0212 or

egraap@fauquierbank.com

FAUQUIER BANKSHARES CHAIRMAN TO RETIRE IN DECEMBER 2009; SUCCESSOR NAMED BY BOARD

(Warrenton, Va., September 19, 2008) — C. H. Lawrence Jr., the non-executive chairman of the board of Fauquier Bankshares, Inc. (NASDAQ: FBSS) has announced he will retire at the end of the 2009 calendar year. He has been a director of the Company for over 24 years and of The Fauquier Bank for over 28 years, and will be 65 in November 2009. He has served as Chairman since June 2006.

John B. Adams Jr., vice chairman of the board and the Bank, was selected by the Company’s board of directors to assume the chairmanship effective upon Mr. Lawrence’s retirement. He has been a director of the Company since 2003 and of the Bank since 2002. Mr. Adams was president and CEO of A. Smith Bowman Distillery and serves as president and CEO of Bowman Companies and as a director of Universal Corporation (NYSE: UVV). Randy K. Ferrell is president and CEO of the Company and the Bank, and was appointed to the position in 2003.

Fauquier Bankshares, Inc. and The Fauquier Bank had combined assets of $503.0 million and total shareholders’ equity of $41.8 million at June 30, 2008. The Fauquier Bank is an independent, locally-owned, community bank offering a full range of financial services, including internet banking, commercial, retail, insurance, wealth management, and financial planning services through eight banking offices located in Fauquier and Prince William Counties in Virginia.

CAUTION ABOUT FORWARD-LOOKING STATEMENTS

This release may contain “forward-looking statements” as defined by federal securities laws. These statements address issues that involve risks, uncertainties, estimates and assumptions made by management, and actual results could differ materially from the results contemplated by these forward-looking statements. Factors that could have a material adverse effect on our operations and future prospects include, but are not limited to, changes in: interest rates and the shape of the interest rate yield curve, general economic conditions, legislative/regulatory policies, monetary and fiscal policies of the U. S. Government, including policies of the U. S. Treasury and the Board of Governors of the Federal Reserve System, the quality or composition of the loan and/or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in our market area, our plans to expand our branch network and increase our market share, and accounting principles, policies and guidelines. Other risk factors are detailed from time to time in our Securities and Exchange Commission filings. Readers should consider these risks and uncertainties in evaluating our forward-looking statements and should not place undue reliance on such statements. We undertake no obligation to update these statements following the date of this release. ###########