SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): November 1, 2006 COMMUNITY BANKSHARES, INC. Incorporated under the Commission File No. 000-22054 I.R.S. Employer laws of South Carolina Identification No. 57-0966962 102 Founders Court Orangeburg, South Carolina 29118 Telephone: 803-535-1060 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)) Section 2 - Financial Information Item 2.02. Results of Operations and Financial Condition. 2006 Third Quarter Earnings Please see Exhibit 99 for the Registrant's 2006 third quarter earnings release. Item 9. Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits (c) Exhibit 99 Registrant's 2006 Third Quarter Earnings Release SIGNATURE 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. COMMUNITY BANKSHARES, INC. (Registrant) Date: November 1, 2006 By: /s/ William W. Traynham ----------------------------------------- William W. Traynham President and Chief Financial Officer EXHIBIT INDEX Exhibit 99 Registrant's 2006 Third Quarter Earnings Release