UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

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): ~~May~~ June 2418, 2010

The Bank Holdings (Exact name of registrant as specified in its charter)

(Exact name of registrant as specified in its charter)

Nevada	000-50645	90-0071778
(State or other jurisdiction	(Commission	(I.R.S. Employer
of incorporation)	File Number)	Identification No.)

Nevada	000-50645	90-0071778
9990 Double R. Blvd., Reno, Nevada	89521
(State or other jurisdiction	(Commission	(I.R.S. Employer
(Address of principal executive offices)	(Zip Code)
of incorporation)	File Number)	Identification No.)
9990 Double R. Blvd., Reno, Nevada		89521
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 775.853.8600

Not Applicable Former name or former address, if changed since last report

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))

Item 81.0103. ~~Other~~Bankruptcy ~~Events~~or Receivership.

AsOn Friday, ~~previously~~June 18, ~~reported~~2010, inNevada ~~the~~Security ~~Form 12b-25~~Bank, ~~filed~~which byalso ~~The~~operates ~~Bank~~under ~~Holdings~~the name Silverado Bank, (the “~~Company~~Bank”), ~~with~~ the wholly-owned ~~Securities~~subsidiary and ~~Exchange~~principal ~~Commission~~asset onof ~~May 17,~~The ~~2010,~~Bank Holdings (the “Company ”), was ~~unable~~closed toby ~~file~~the ~~its~~Nevada ~~Quarterly~~Financial ~~Report~~Institutions onDivision ~~Form 10-Q~~and ~~for~~ the ~~quarterly~~Federal Deposit ~~period~~Insurance ~~ended~~Corporation ~~March 31, 2010~~ (the “~~Form 10-Q~~FDIC”), bywas appointed as receiver of the Bank. The ~~required~~FDIC ~~filing~~entered ~~deadline~~into ofa ~~May 17~~purchase and assumption agreement with Umpqua Bank, ~~2010~~Roseburg, ~~without~~Oregon, ~~unreasonable~~to ~~effort~~assume orall ~~expense. The~~of the ~~filing~~deposits of the ~~Form 12b-25~~Bank. ~~afforded~~The Company’s principal asset is the ~~Company~~common anstock that ~~additional~~it ~~period~~owns ofin ~~time~~the ~~until~~Bank, ~~May 24~~and, ~~2010~~as toa ~~file~~result of the ~~Form 10-Q~~closure ~~and~~of ~~still~~the beBank, ~~considered~~the Company ~~timely~~has invery ~~making~~limited ~~that~~remaining ~~filing. While~~tangible assets, and its liabilities are substantially greater than the ~~Company~~value ~~has~~of ~~been~~those ~~diligently~~assets. ~~preparing~~As the ~~Form 10-Q~~owner ~~(including~~of all of the ~~financial~~capital ~~statements~~stock ~~contained~~of ~~therein)~~the Bank, the Company ~~was~~would ~~unable~~be entitled to ~~file~~ the ~~Form 10-Q~~net recoveries, byif any, following the ~~extended~~liquidation ~~deadline. The~~or ~~Company~~sale ~~currently~~of ~~anticipates~~the ~~that~~Bank itor ~~will~~its ~~file~~assets by the ~~Form 10-Q~~FDIC. asHowever, ~~promptly~~the asCompany ~~practicable~~believes it will not realize any recovery.

~~Because~~A complete copy of ~~its failure to timely file its Form 10-Q,~~ the ~~Company~~press ~~does~~release ~~not~~issued ~~meet~~by the ~~“current~~FDIC ~~public~~regarding ~~information” requirement contained in Rule 144 promulgated under~~ the ~~Securities~~closing ~~Act~~can be offound ~~1933, as amended, which may effect the ability of certain of the Company’s nonaffiliate shareholders to rely~~ on ~~Rule 144 for~~ the ~~resale~~Internet ~~of shares of common stock held for less than twelve (12) months, until the Company files the Form 10-Q~~at http://www.fdic.gov/bank/individual/failed/nevsecbank.html.

~~SIGNATURES~~Item 5.02

~~Pursuant~~Effective toJune 21, ~~the~~2010, ~~requirements~~John ofDonovan, Executive ~~the~~Vice ~~Securities~~President ~~Exchange~~and ~~Act~~Chief ofCredit ~~1934~~Officer, ~~the~~and ~~registrant~~Joe ~~has~~Bourdeau, ~~duly~~President, resigned ~~caused~~their ~~this~~positions ~~report~~at toThe beBank ~~signed~~Holdings. Also oneffective ~~its~~June 21, ~~behalf~~2010, byDavid ~~the~~Funk ~~undersigned~~resigned ~~hereunto~~as ~~duly~~a ~~authorized~~director of The Bank Holdings.

	The Bank Holdings
May 25, 2010	By:	/s/ Jack Buchold
		Name: Jack Buchold
		Title: Chief Financial Officer

Item 8.01. Other Events.

2Based on the Company’s current financial condition, the board of directors of the Company has retained special counsel to evaluate the Company’s options for winding down the affairs of the Company. The alternatives under consideration include filing a voluntary petition seeking relief under the Bankruptcy Code.

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.


	The Bank Holdings

June 23, 2010	By:	/s/ Jack Buchold

	Name:	Jack Buchold
	Title:	Chief Financial Officer

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