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)  February 9, 2011

NATIONAL BANKSHARES, INC.
(Exact name of Registrant as specified in its charter)


Virginia
0-15204
54-1375874
(State or other jurisdiction of incorporation or organization)
 
(Commission File No.)
(I.R.S. Employer Identification No.)


101 Hubbard Street
Blacksburg, VA 24060
(Address of principal executive offices)

 (540) 951-6300
(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report) Not applicable


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):

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))


 
 

 
 

 
ITEM 5.02
Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
   
(b)
On February 9, 2011, National Bankshares, Inc. announced that, because of his planned retirement due to age limitations for Directors in the Company’s by-laws, Jack H. Harry will not stand for re-election to the National Bankshares, Inc. Board of Directors at the annual meeting of stockholders scheduled for April 12, 2011.
 

 
 

 
SIGNATURE

 
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

NATIONAL BANKSHARES, INC.

Date: February 9, 2011                                                    
                                                            
 
 By:  /s/ JAMES G. RAKES         
  James G. Rakes
Chairman
President and Chief Executive Officer
   



 
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