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): October 31, 2008

                         FSB Community Bankshares, Inc.
                         ------------------------------
             (Exact name of registrant as specified in its charter)

         United States                    000-52751               74-3164710
------------------------------       ---------------------   -------------------
(State or other jurisdiction )       (Commission File No.)      (IRS Employer
     of incorporation                                        Identification No.)



45 South Main Street, Fairport, New York                              14450
----------------------------------------                           ----------
(Address of principal executive offices)                           (Zip Code)


Registrant's telephone number, including area code:  (585) 223-9080


                                 Not Applicable
          -------------------------------------------------------------
          (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 (see General Instruction A.2. below):

[  ]  Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CRF 240.13e-4(c))



Item 2.02.  Results of Operations and Financial Condition.

     On October 31, 2008, FSB Community  Bankshares,  Inc. reported earnings for
the quarter  ended  September  30, 2008. A press release dated October 31, 2008,
giving details  associated with the company's earnings is attached as Exhibit 99
to this  report.  The  information  included in Exhibit 99 is  considered  to be
"furnished" under the Securities Exchange Act of 1934.

Item 9.01.  Financial Statements and Exhibits.

(a)      Financial Statements of Businesses Acquired.         Not Applicable.

(b)      Pro Forma Financial Information.                     Not Applicable.

(c)      Shell Company Transactions.                          Not Applicable.

(d)      Exhibits.

                  Exhibit No.               Description
                  -----------               -----------

                         99                 Press release dated October 31, 2008



                                   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.

                                            FSB COMMUNITY BANKSHARES, INC.


DATE:  November 3, 2008                     By: /s/ Kevin D. Maroney
                                                -------------------------------
                                                Kevin D. Maroney
                                                Chief Financial Officer