Unassociated Document
Filed
Pursuant to 424(b)(3) Registration No. 333-141380
PROSPECTUS
SUPPLEMENT DATED JUNE 21, 2007
SUPPLEMENTS
FSB COMMUNITY BANKSHARES, INC. PROSPECTUS
DATED
MAY 14, 2007
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FSB
Community Bankshares, Inc.
Holding
Company for Fairport Savings Bank
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This
supplements the prospectus of FSB Community Bankshares, Inc. dated May 14,
2007.
This prospectus supplement should be read together with the prospectus.
The
subscription offering concluded on June 14, 2007 and we have extended the
community offering.
In
the
subscription offering we received orders totaling approximately 260,000 shares
($2,600,000), which includes shares to be purchased by the employee stock
ownership plan and the 401(k) Plan, assuming that the offering were to close
at
the minimum of the offering range. In
order
to complete the offering of our common stock, we must sell at least 838,950
shares of common stock, which is the minimum of our offering range. We intend
to
close the offering at the minimum of the offering range (838,950 shares,
including the shares for which we have already received subscriptions). We
may
terminate the community offering at any time upon reaching the minimum of the
offering range without further notice. We retain the right to accept or reject
in whole or in part any order in the community offering.
We
are increasing the number of shares that you may purchase in all categories
of
the offering combined.
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The
individual purchase limitation of 15,000 shares ($150,000) has been
increased to 40,000 shares ($400,000).
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The
purchase limitation for persons and their associates, or with persons
acting in concert, has been increased from 20,000 shares ($200,000)
to
40,000 shares ($400,000).
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If
you
previously have submitted an order in the subscription offering for 15,000
shares, you may increase your order by submitting an additional stock order
form
with full payment for the additional shares ordered. If you wish to increase
your order, we must receive your completed stock order form, with full payment
or direct deposit account withdrawal authorization. We have not set an
expiration date for the community offering, and we may terminate the community
offering at any time upon reaching the minimum of the offering range. Therefore,
interested persons should request offering materials and return stock order
forms promptly.
These
securities are not deposits or savings accounts and are not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other government
agency.
None
of the Securities and Exchange Commission, the Office of Thrift Supervision
or
any state securities regulator has approved or disapproved of these securities
or determined if this prospectus supplement is accurate or complete. Any
representation to the contrary is a criminal offense.
Sandler
O’Neill + Partners, L.P.
The
date of this prospectus supplement is June 21, 2007.