X0202 3/A 2005-06-20 2005-06-22 0 0001035770 VAIL BANKS INC VAIL 0001330808 Burt Brady T 108 S. FRONTAGE ROAD WEST 0015 BENCHMARK ROAD, STE. 300 AVON, CO 81620 0 1 0 0 Executive VP and CFO Common Stock 1457.258 I (401) K Plan This Form 3 is being amended solely to include the shares owned indirectly in the (401)K plan. Brady Burt 2005-06-30