UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report: December 22, 2005 Commission File Number: 0-15204
National Bankshares, Inc.
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(Exact name of Registrant as specified in its charter)
Virginia 54-1375874
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
101 Hubbard Street
Blacksburg, VA 24060
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(Address of principal executive offices)
Registrant's telephone number, including area code (540) 951-6300
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Page 1 of 2 Pages
ITEM 8.01 - OTHER EVENTS
National Bankshares, Inc. announces that on December 20, 2005, its two
wholly-owned bank subsidiaries, the National Bank of Blacksburg and Bank of
Tazewell County, entered into an agreement to merge. The agreement provides that
Bank of Tazewell County will merge with and into the National Bank of
Blacksburg. It is anticipated that all of the offices of the two banks will
remain open. The transaction, which is subject to regulatory approval, is
expected to close in the second quarter of 2006.
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: December 22, 2005 By: /s/ JAMES G. RAKES
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James G. Rakes
Chairman
President and Chief Executive Officer
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