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 1, 2010

MOUNTAIN NATIONAL BANCSHARES, INC.
(Exact name of registrant as specified in its charter)

         
Tennessee   0-49912   75-3036312
(State or other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)
     
300 East Main Street, Sevierville, Tennessee
  37862
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (865) 428-7990

 
N/A
(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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 

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Item 5.02  
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On September 1, 2010, James E. Bookstaff notified the Chairman of the board of directors of Mountain National Bancshares, Inc. (the “Company”) in writing that he was resigning, effective immediately, from the Company’s board of directors and from the board of directors of the Company’s bank subsidiary, Mountain National Bank.

 

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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.
         
  MOUNTAIN NATIONAL BANCSHARES, INC.
 
 
  By:   /s/ Dwight B. Grizzell    
  Name:  Dwight B. Grizzell   
  Title:  President and Chief Executive Officer   
Date: September 3, 2010