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): June 15, 2010

FGBC Bancshares, Inc.

(Exact Name of Registrant as Specified in Charter)


Georgia	000-51957	20-02743161

(State of	(Commission File No.)	(IRS Employer
Incorporation)		Identification No.)

101 Main Street, Franklin, Georgia 30217

(Address of Principal Executive Offices, including Zip Code)

(678) 839-4510

(Registrant’s Telephone Number, including Area Code)

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))


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

On June 15, 2010 Dennis H. McDowell resigned from his position as a director of FGBC Bancshares, Inc. to pursue retirement. The company appreciates Mr. McDowell’s valued contribution during his tenure and wishes him well in his retirement.

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.


June 18, 2010	FGBC BANCSHARES, INC.
	By:	/s/ Teresa L. Martin
		Teresa L. Martin
		EVP and Chief Financial Officer

FGBC Bancshares, Inc. 8-K