Item 8.01 Other Events

Please see Exhibit 99 for press release announcing approval on October 15, 2008 by the Registrant's shareholders of the Agreement and Plan of Merger dated June 25, 2008, among Community Bankshares, Inc., Community Resource Bank, N.A., and First Citizens Bank and Trust Company, Inc.

Item 9.01 Financial Statements and Exhibits

Exhibit No. Description of Exhibit

Exhibit 99 Press release issued October 15, 2008 announcing the approval of the shareholders.