Item 8.01. OTHER EVENTS

On October 28, 2009, the Board of Directors of Heritage Bankshares, Inc. (the "Company") declared a quarterly dividend on the Company's common stock in the amount of $0.06 per share, payable on November 20, 2009 to shareholders of record on November 9, 2009.

The same day, the Board of Directors also declared quarterly dividends on the preferred stock issued by the Company in connection with its participation in the TARP Capital Purchase Program. Specifically, the Board declared (a) a cash dividend in the aggregate amount of $70,159.72 on the outstanding shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series A, and (b) a cash dividend in the aggregate amount of $3,787.50 on the outstanding shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series B (collectively, the "Preferred Dividends"). The Preferred Dividends are payable on November 16, 2009 to the U.S. Department of the Treasury, the sole holder of record of such preferred stock.

Heritage Bankshares, Inc. (Registrant)

Date: October 28, 2009

/s/ JOHN O. GUTHRIE John O. Guthrie Chief Financial Officer