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<title>S-8_041906</title>


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<body lang=EN-US>



<p class=MsoNormal align=center style='text-align:center'><b><font size="2">&nbsp;</font></b></p>









<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'><b>UNITED STATES</b></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'><b>SECURITIES AND EXCHANGE
COMMISSION</b></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>WASHINGTON, DC&nbsp; 20549</p>

<p class=MsoNormal align=center style='margin-bottom:0;text-align:center; margin-top:0'>________________</p>

<p class=MsoNormal align=center style='margin-top:0;text-align:center; margin-bottom:0'>&nbsp;</p>
<p class=MsoNormal align=center style='margin-top:0;text-align:center; margin-bottom:0'>
<b>FORM S-8</b></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933</p>

<p class=MsoNormal align=center style='margin-bottom:0;text-align:center;
line-height:150%; margin-top:0'>________________</p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>&nbsp;</p>
<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<b><u>GREENVILLE
FIRST BANCSHARES, INC.</u></b> </p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">(Exact name
of registrant as specified in its charter)</font></p>



<p class=MsoNormal style='text-align:justify; margin-top:0; margin-bottom:0'>&nbsp;</p>
<p class=MsoNormal style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Carolina&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font> <u><font size="2">&nbsp;&nbsp;&nbsp;58-2459561&nbsp;&nbsp;&nbsp;</font></u></p>

<p class=MsoNormal style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (State or other
jurisdiction of&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; (I.R.S.
Employer</font></p>

<p class=MsoNormal style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; incorporation
or organization)&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; Identification
Number)</font></p>
<p class=MsoNormal style='text-align:justify; margin-top:0; margin-bottom:0'>&nbsp;</p>



<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">112 Haywood Road </font> </p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">Greenville, South Carolina 29607</font></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">(Address
of Principal Executive Offices)</font></p>
<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>&nbsp;</p>



<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">Greenville
First Bancshares, Inc. 2000 Stock Incentive Plan</font></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">2006 Greenville First Bancshares, Inc. Restricted Stock Plan</font></p>

<p class=MsoNormal align=center style='text-align:center;line-height:150%; margin-top:0; margin-bottom:0'>
<font size="2">(Full title of the plans)</font></p>
<p class=MsoNormal align=center style='text-align:center;line-height:150%; margin-top:0; margin-bottom:0'>&nbsp;</p>

<p align=center style='margin:0 0in;text-align:center; margin-bottom:0'>
<font size="2">R. Arthur Seaver, Jr.</font></p>

<p class=MsoNormal align=center style='text-align:center;line-height:92%; margin-top:0; margin-bottom:0'>
<font size="2">President</font></p>

<p align=center style='margin:0 0in;text-align:center; margin-bottom:0'>
<font size="2">112 Haywood Road</font></p>

<p align=center style='margin:0 0in;text-align:center; margin-bottom:0'>
<font size="2">Greenville, South Carolina 29607</font></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">864-679-9000</font></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">(Name,
address, and telephone number of agent for service)</font></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">________________________________</font></p>
<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
&nbsp;</p>
<p class=MsoNormal align=center style='text-align:center;text-autospace:none; margin-top:0; margin-bottom:0'>
	<font size="2">Copies
  Requested to:</font></p>

  <p class=MsoNormal align=center style='text-align:center;text-autospace:none; margin-top:0; margin-bottom:0'>
	<font size="2">Neil E.
  Grayson, Esq.</font></p>
  <p class=MsoNormal align=center style='text-align:center;text-autospace:none; margin-top:0; margin-bottom:0'>
	<font size="2">Nelson
  Mullins Riley &amp; Scarborough LLP</font></p>
  <p class=MsoNormal align=center style='text-align:center;text-autospace:none; margin-top:0; margin-bottom:0'>
	<font size="2">Poinsett Plaza, Suite 900</font></p>
  <p class=MsoNormal align=center style='text-align:center;text-autospace:none; margin-top:0; margin-bottom:0'>
	<font size="2">104 South Main
    Street</font></p>
  <p class=MsoNormal align=center style='text-align:center;text-autospace:none; margin-top:0; margin-bottom:0'>
	<font size="2">Greenville, South Carolina 29601</font></p>
  <p class=MsoNormal align=center style='text-align:center;text-autospace:none; margin-top:0; margin-bottom:0'>
	<font size="2">Telephone:&nbsp;
  (864) 250-2300</font></p>
  <p class=MsoNormal align=center style='text-align:center;text-autospace:none; margin-top:0; margin-bottom:0'>
	<font size="2">Fax:&nbsp;
  (864) 232-2925</font></p>

<p class=MsoNormal align=center style='text-align:center; margin-top:0; margin-bottom:0'>
<font size="2">________________________________</font></p>
<p class=MsoNormal align=center style='margin-top:0; margin-bottom:0'>&nbsp;</p>



<div align="center">



<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0
 style='margin-left:6.0pt;border-collapse:collapse' height="75">
 <tr>
  <td width=156 valign=bottom style='width:117.0pt;border:none;border-top:double windowtext 2.55pt;
  padding:0in 6.0pt 0in 6.0pt' height="42">
  <p class=MsoNormal style='margin-top:0;line-height:80%; margin-bottom:0' align="center"><b>
	<font size="2">&nbsp; Title
  of securities</font></b></p>
	<p class=MsoNormal style='margin-top:0;line-height:80%; margin-bottom:0' align="center">
	<b>
	<font size="2">to
  be registered</font></b></p>
  </td>
  <td width=96 valign=bottom style='width:1.0in;border-top:double windowtext 2.55pt;
  border-left:solid windowtext 1.0pt;border-bottom:none;border-right:none;
  padding:0in 6.0pt 0in 6.0pt' height="42">
  <p class=MsoNormal style='margin-top:0;line-height:80%; margin-bottom:0' align="center"><b>
	<font size="2">&nbsp;&nbsp; Amount
  to be registered</font></b></p>
  </td>
  <td width=126 valign=bottom style='width:94.5pt;border-top:double windowtext 2.55pt;
  border-left:solid windowtext 1.0pt;border-bottom:none;border-right:none;
  padding:0in 6.0pt 0in 6.0pt' height="42">
  <p class=MsoNormal style='margin-top:0;line-height:80%; margin-bottom:0' align="center"><b>
	<font size="2">Proposed
  maximum offering price</font></b></p>
	<p class=MsoNormal style='margin-top:0;line-height:80%; margin-bottom:0' align="center">
	<b>
	<font size="2">per
  Share</font></b></p>
  </td>
  <td width=120 valign=bottom style='width:1.25in;border-top:double windowtext 2.55pt;
  border-left:solid windowtext 1.0pt;border-bottom:none;border-right:none;
  padding:0in 6.0pt 0in 6.0pt' height="42">
  <p class=MsoNormal style='margin-top:0;line-height:80%; margin-bottom:0' align="center"><b>
	<font size="2">Proposed
  maximum</font></b></p>
  <p class=MsoNormal style='line-height:80%; margin-top:0; margin-bottom:0' align="center"><b>
	<font size="2">aggregate</font></b></p>
	<p class=MsoNormal style='line-height:80%; margin-top:0; margin-bottom:0' align="center">
	<b>
	<font size="2">&nbsp;offering price</font></b></p>
  </td>
  <td width=114 valign=bottom style='width:85.5pt;border-top:double windowtext 2.55pt;
  border-left:solid windowtext 1.0pt;border-bottom:none;border-right:none;
  padding:0in 6.0pt 0in 6.0pt' height="42">
  <p class=MsoNormal style='margin-top:0;line-height:80%; margin-bottom:0' align="center">
	<b>
	<font size="2">Amount
  of registration
  fee</font></b></p>
  </td>
 </tr>
 <tr>
  <td width=156 valign=bottom style='width:117.0pt;border-top:solid windowtext 1.0pt;
  border-left:none;border-bottom:solid windowtext 1.0pt;border-right:none;
  padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-top:4.5pt;margin-right:0in;margin-bottom:
  2.7pt;margin-left:0in;line-height:80%'><font size="2">Common Stock</font></p>
  </td>
  <td width=96 valign=top style='width:1.0in;border:solid windowtext 1.0pt;
  border-right:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-top:4.5pt;margin-right:0in;
  margin-bottom:2.7pt;margin-left:0in;text-align:center;line-height:80%'>
	<font size="2">410,000</font><sup><font size="2">(1)</font></sup></p>
  </td>
  <td width=126 valign=top style='width:94.5pt;border:solid windowtext 1.0pt;
  border-right:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-top:4.5pt;margin-right:0in;
  margin-bottom:2.7pt;margin-left:0in;text-align:center;line-height:80%'>
	<font size="2">$23.10</font><sup><font size="2">(2)</font></sup></p>
  </td>
  <td width=120 valign=top style='width:1.25in;border:solid windowtext 1.0pt;
  border-right:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-top:4.5pt;margin-right:0in;
  margin-bottom:2.7pt;margin-left:0in;text-align:center;line-height:80%'>
	<font size="2">$9,471,000</font><sup><font size="2">(2)</font></sup></p>
  </td>
  <td width=114 valign=bottom style='width:85.5pt;border:solid windowtext 1.0pt;
  border-right:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-top:4.5pt;margin-right:0in;
  margin-bottom:2.7pt;margin-left:0in;text-align:center;line-height:80%'>
	<font size="2">$1,014</font></p>
  </td>
 </tr>
</table>



</div>



<p class=MsoNormal style='margin-left:18.75pt;text-align:justify;text-indent:
-18.75pt;line-height:87%; margin-top:0; margin-bottom:0'>&nbsp;</p>
<p class=MsoNormal style='margin-left:18.75pt;text-align:justify;text-indent:
-18.75pt;line-height:87%; margin-top:0; margin-bottom:0'><font size="2">(1)&nbsp;&nbsp;&nbsp;Represents shares of common stock issuable under the Greenville First Bancshares, Inc. 2000 Stock Incentive Plan and 2006 Greenville First Bancshares, Inc. Restricted Stock
Plan.</font></p>
<p class=MsoNormal style='margin-left:18.75pt;text-align:justify;text-indent:
-18.75pt;line-height:87%; margin-top:0; margin-bottom:0'><font size="2">(2)&nbsp;&nbsp;&nbsp;&nbsp;In accordance with Rule 457(c), the registration fee is
based upon the average of the high and low price of common stock reported on April 17, 2006.
</font> </p>



<p class=MsoFooter style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p class=MsoFooter style="margin-top: 0; margin-bottom: 0"><font size="2">In
addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
registration statement also covers an indeterminate amount of interests to be
offered or sold pursuant to the employee benefit plan described herein. </font> </p>

<div align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<font size="2">



<br
clear=all style='page-break-before:always'>












</font>












<p style='margin:0in;margin-bottom:.0001pt'><b><font size="2">PART I </font> </b></p>

<p style='margin:0in;margin-bottom:.0001pt'><b><font size="2">&nbsp;</font></b></p>

<p style='margin:0in;margin-bottom:.0001pt'><b><font size="2">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
</font> </b></p>
<p style='margin:0in;margin-bottom:.0001pt'>&nbsp;</p>



<p style='margin:0in;margin-bottom:.0001pt'><b><font size="2">Item 1.&nbsp; Plan Information*
</font> </b></p>
<p style='margin:0in;margin-bottom:.0001pt'>&nbsp;</p>



<p style='margin:0in;margin-bottom:.0001pt'><b><font size="2">Item 2.&nbsp; Registrant Information and Employee Plan
Annual Information* </font> </b></p>
<p style='margin:0in;margin-bottom:.0001pt'>&nbsp;</p>



<p style='margin:0in;margin-bottom:.0001pt;text-indent:24.5pt' align="justify"><font size="2">*Documents containing the
information required by Part I of this Registration Statement will be sent or
given to participants in Greenville First
Bancshares, Inc. 2000 Stock Incentive Plan and 2006 Greenville First Bancshares, Inc. Restricted Stock
Plan in accordance with Rule 428(b)(1) of the General Rules and
Regulations under the Securities Act of 1933.&nbsp; In accordance with the Note to
Part I of Form S-8, such documents are not filed with the Securities and
Exchange Commission either as part of this Registration Statement or as
prospectuses or prospectus supplements. </font> </p>



<p class=MsoNormal style='line-height:87%'><b><font size="2">PART II</font></b></p>

<p class=MsoHeading9 align=left style='text-align:left'><b><font size="2">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></b></p>



<p class=MsoNormal><b><font size="2">Item 3</font></b><font size="2">.&nbsp; <b>Incorporation of Documents
by Reference</b>.</font></p>



<p class=MsoNormal align="justify"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The following documents filed by us with the
SEC are incorporated by reference into this registration statement, and all
documents subsequently filed by us pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Securities Exchange Act of 1934 shall be incorporated by reference
in this registration statement and shall be a part of this registration
statement from the date of filing of the documents:</font></p>



<p class=MsoBodyTextIndent align=left style='margin-left:.75in;text-align:left;
text-indent:-.25in'><font size="2">(a)&nbsp;&nbsp;&nbsp;&nbsp;
our Annual Report on Form 10-K for
the year ended December 31, 2005; </font> </p>



<p class=MsoBodyTextIndent align=left style='margin-left:.75in;text-align:left;
text-indent:-.25in'><font size="2">(c)&nbsp;&nbsp;&nbsp;&nbsp; our Current Reports on
Form 8-K filed on January 17, 2006 and February 6, 2006; and</font></p>



<p class=MsoBodyTextIndent align=left style='margin-left:.75in;text-align:left;
text-indent:-.25in'><font size="2">(d)&nbsp;&nbsp;&nbsp;&nbsp; our description of
securities included in our registration statement on the 424(B)(4) prospectus filed
on September 22, 2004.</font></p>



<p class=MsoNormal><b><font size="2">Item 4</font></b><font size="2">.&nbsp; <b>Description of Securities</b>.</font></p>



<p class=MsoNormal style='text-indent:.5in'><font size="2">N/A</font></p>



<p class=MsoNormal style='page-break-after:avoid'><b><font size="2">Item 5</font></b><font size="2">.&nbsp; <b>Interests
of Named Experts and Counsel</b>.</font></p>



<p class=MsoBodyText2 align=left style='text-align:left;page-break-after:avoid'>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; N/A</font></p>



<p class=MsoNormal><b><font size="2">Item 6</font></b><font size="2">.&nbsp; <b>Indemnification of
Directors and Officers</b>.</font></p>



<p class=MsoNormal style='text-indent:.5in' align="justify"><font size="2">Our articles of incorporation contain a provision
which, subject to certain exceptions described below, eliminates the liability
of a director or an officer to the company or shareholders for monetary damages
for any breach of duty as a director or officer.&nbsp; This provision does not
eliminate such liability to the extent the director or officer engaged in
willful misconduct or a knowing violation of criminal law or of any federal or
state securities law, including, without limitation, laws proscribing insider
trading or manipulation of the market for any security.</font></p>





<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<p align="justify">



<font size="2">



<br
clear=all style='page-break-before:always'>










&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Under our bylaws, we must indemnify any person who
becomes subject to a lawsuit or proceeding by reason of service as a director
of the company or the bank or any other corporation which the person served as
a director at the request of the company.&nbsp; Except as noted in the next
paragraph, directors are entitled to be indemnified against judgments,
penalties, fines, settlements, and reasonable expenses actually incurred by the
director in connection with the proceeding.&nbsp; Our directors are also entitled to
have the company advance any such expenses prior to final disposition of the
proceeding, upon delivery of a written affirmation by the director of his good
faith belief that the standard of conduct necessary for indemnification has
been met and a written undertaking to repay the amounts advanced if it is
ultimately determined that the standard of conduct has not been met.</font></p>
<p class=MsoNormal style='text-indent:.5in' align="justify">
<font size="2">Under our articles of incorporation and bylaws,
indemnification will be disallowed for (i) any breach of the director's duty of
loyalty; (ii) acts or omissions not in good faith or which involve gross
negligence, intentional misconduct, or a knowing violation of law; (iii)
liability imposed under Section 33-8-330 of the South Carolina Business
Corporation Act of 1988; and (iv) any transaction from which the director
derived an improper personal benefit.&nbsp; In addition to the articles of
incorporation and bylaws, Section 33&#8209;8&#8209;520 of the Act requires that
&quot;a corporation indemnify a director who was wholly successful, on the merits or
otherwise, in the defense of any proceeding to which he was a party because he
is or was a director of the corporation against reasonable expenses incurred by
him in connection with the proceeding.&quot;&nbsp; The statute also provides that upon
application of a director a court may order indemnification if it determines
that the director is entitled to such indemnification under the applicable
statutory standard.</font></p>



<p class=MsoNormal style='text-indent:.5in' align="justify"><font size="2">Our board of directors also has the authority to extend
to officers, employees, and agents the same indemnification rights held by
directors, subject to all of the accompanying conditions and obligations.&nbsp; The
board of directors has extended indemnification rights to all of our executive
officers.</font></p>



<p class=MsoNormal align="justify"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insofar as indemnification for liabilities arising under
the Securities Act of 1933 may be permitted to our directors, officers, and
controlling persons pursuant to the foregoing provisions, or otherwise, we have
been advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act of
1933 and is, therefore, unenforceable.</font></p>



<p class=MsoNormal><b><font size="2">Item 7</font></b><font size="2">.&nbsp; <b>Exemption from Registration
Claimed</b>.</font></p>



<p class=MsoBodyText2 align=left style='text-align:left;text-indent:.5in'>
<font size="2">N/A</font></p>



<p class=MsoNormal style='page-break-after:avoid'><b><font size="2">Item 8.&nbsp; Exhibits.</font></b></p>



<p class=MsoNormal style='page-break-after:avoid'><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The following
exhibits are filed with this registration statement.</font></p>



<p class=MsoNormal style='text-align:justify;page-break-after:avoid; margin-top:0; margin-bottom:0'>
<font size="2">Exhibit </font> </p>

<p class=MsoNormal style='text-align:justify;page-break-after:avoid; margin-top:0; margin-bottom:0'><u>
<font size="2">Number </font> </u><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font> <u><font size="2">Description
of Exhibit</font></u></p>



<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0
 style='border-collapse:collapse'>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.1</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Articles of Incorporation (1)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.2</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Bylaws (2)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.3</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Form of Certificate of Common
  Stock (1)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.4</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Form of Stock Warrant
  Agreement (1)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.5</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">2000 Greenville First Bancshares,
  Inc. Stock Incentive Plan (3)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.6</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">2006 Greenville First Bancshares, Inc. Restricted Stock Plan</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">5.1</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Legal Opinion of Nelson
  Mullins Riley &amp; Scarborough LLP</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">23.1</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Consent of Elliott Davis, LLC
  </font>
  </p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">23.2</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Consent of Nelson Mullins
  Riley &amp; Scarborough LLP (contained in their opinion filed as Exhibit 5.1)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:21px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">24</font></p>
  </td>
  <td valign=top style='width:24px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:568px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Power of Attorney (contained
  on the signature pages of this registration statement)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
</table>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.5in; margin-top:0; margin-bottom:0'>
<font size="2">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Incorporated by reference to the Company's Registration Statement on Form SB-2
filed on July 27, 1999.</font></p>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.5in; margin-top:0; margin-bottom:0'>
<font size="2">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Incorporated by
reference to the Company's Form 10-QSB for the quarter ended June 30, 2000.</font></p>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.5in; margin-top:0; margin-bottom:0'>
<font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Incorporated by
reference to the Company's Form 10-QSB for the quarter ended March 31, 2000.</font></p>
<p class=MsoNormal style='margin-left:.5in;text-indent:-.5in; margin-top:0; margin-bottom:0'>&nbsp;</p>



<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<p style="margin-top: 0; margin-bottom: 0">



<font size="2">



<br
clear=all style='page-break-before:always'>












</font><b><font size="2">Item 9.&nbsp; Undertakings.</font></b></p>
<p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style='margin:0 0in;text-indent:24.5pt; margin-bottom:0'>
<font size="2">&nbsp;&nbsp;&nbsp; 1. The undersigned registrant hereby
undertakes: </font> </p>



<p class=MsoNormal style='text-indent:48.95pt'><font size="2">(a) To file, during any period in
which offers or sales are being made, a post-effective amendment to this
registration statement: </font> </p>



<p class=MsoNormal style='margin-left:48.95pt;text-indent:24.5pt'>
<font size="2">(i) To
include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act
of 1933; </font> </p>



<p class=MsoNormal style='margin-left:48.95pt;text-indent:24.5pt' align="justify">
<font size="2">(ii) To
reflect in the prospectus any facts or events arising after the effective date
of the registration statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental
change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than a 20 percent change in the
maximum aggregate offering price set forth in the &quot;Calculation of Registration
Fee&quot; table in the effective registration statement. </font> </p>



<p class=MsoNormal style='margin-left:48.95pt;text-indent:24.5pt' align="justify">
<font size="2">(iii) To
include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to
such information in the registration statement; </font> </p>



<p class=MsoNormal align="justify"><i><font size="2">provided, however</font></i><font size="2">, that paragraphs (a)(i) and
(a)(ii) do not apply if the registration statement is on Form S-3, Form S-8 or
Form F-3, and the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed with or
furnished to the Commission by the registrant pursuant to Section&nbsp;13 or
15(d) of the Securities Exchange Act of 1934 that are incorporated by reference
in the registration statement. </font> </p>



<p class=MsoNormal style='text-indent:48.95pt' align="justify"><font size="2">(b) That, for the purpose of
determining any liability under the Securities Act of 1933, each such
post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial <i>bona fide</i> offering
thereof. </font> </p>



<p class=MsoNormal style='text-indent:48.95pt' align="justify"><font size="2">(c) To remove from registration
by means of a post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering. </font> </p>



<p class=MsoNormal style='text-indent:24.5pt' align="justify"><font size="2">2. The undersigned registrant
hereby undertakes that, for purposes of determining any liability under the
Securities Act of 1933, each filing of the registrant's annual report pursuant
to Section&nbsp;13(a) or 15(d) of the Securities Exchange Act of 1934 (and,
where applicable, each filing of an employee benefit plan's annual report
pursuant to Section&nbsp;15(d) of the Securities Exchange Act of 1934) that is
incorporated by reference in the registration statement shall be deemed to be a
new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial <i>bona
fide</i> offering thereof. </font> </p>



<p class=MsoNormal style='text-indent:24.5pt' align="justify"><font size="2">3. Insofar as indemnification for
liabilities arising under the Securities Act of 1933 may be permitted to
directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the
opinion of the Securities and Exchange Commission such indemnification is against
public policy as expressed in the Act and is, therefore, unenforceable. In the
event that a claim for indemnification against such liabilities (other than the
payment by the registrant of expenses incurred or paid by a director, officer
or controlling person of the registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the
registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as
expressed in the Act and will be governed by the final adjudication of such issue.
</font>
</p>





<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<p align="center"><font size="2">



<br
clear=all style='page-break-before:always'>










</font><b><font size="2">SIGNATURES</font></b></p>



<p class=MsoNormal style='text-align:justify;text-indent:.5in'><font size="2">Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this registration statement to be
signed on its behalf by the undersigned, thereunto duly authorized, in the city
of Greenville, State of South Carolina, on this 18th day of April, 2006.</font></p>



<p class=MsoBodyText2><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; GREENVILLE
FIRST BANCSHARES, INC.</font></p>





<p class=MsoNormal style='line-height:12.5pt; margin-top:0; margin-bottom:0'>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By:</font><u><font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; /s/ R. Arthur Seaver,
Jr.&nbsp;&nbsp; </font> </u></p>

<p class=MsoNormal style='margin-left:3.0in;text-align:justify;text-indent:
..5in; margin-top:0; margin-bottom:0'><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; R. Arthur Seaver,
Jr.</font></p>

<p class=MsoNormal style='margin-left:3.0in;text-align:justify;text-indent:
..5in; margin-top:0; margin-bottom:0'><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President and Chief
Executive Officer </font> </p>



<p class=MsoNormal align=center style='text-align:center'><b><font size="2">POWER OF
ATTORNEY</font></b></p>



<p style='margin:0in;margin-bottom:.0001pt;text-indent:.5in' align="justify"><font size="2">KNOW ALL PERSONS BY THESE
PRESENTS, that each person whose signature appears below constitutes and
appoints R. Arthur Seaver, Jr. and James M. Austin, III, or either of them, as
such person's true and lawful attorneys-in-fact and agents, with full power of
substitution and resubstitution, for such person and in such person's name,
place and stead, in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement and any
Registration Statement filed pursuant to Rule 462(b) under the Securities Act
of 1933, as amended, and to file the same, with all exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange Commission
and any other regulatory authority, granting unto said attorneys-in-fact and
agents, and each of them, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in connection therewith,
as fully to all intents and purposes as such person might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents, or either of them, or their or his substitute or substitutes, may
lawfully do or cause to be done by virtue hereof. </font> </p>

<p style='margin:0in;margin-bottom:.0001pt;text-indent:.5in'><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font> </p>

<p style='margin:0in;margin-bottom:.0001pt;text-indent:.5in' align="justify"><font size="2">Pursuant to the requirements of
the Securities Act of 1933, this Registration Statement has been signed below
by the following persons in the capacities and on the dates indicated: </font> </p>



<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<font size="2">



<br
clear=all style='page-break-before:always'>












</font>












<table class=MsoNormalTable border=1 cellspacing=0 cellpadding=0 width=642
 style='width:481.5pt;margin-left:6.0pt;border-collapse:collapse;border:none'>

  <tr>
   <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
   <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">Signature</font></u></p>
   </td>
   <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
   <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">Title</font></u></p>
   </td>
   <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
   <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">Date</font></u></p>
   </td>
  </tr>

 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">&nbsp;</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ James M. Austin, III&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">&nbsp;</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">James M. Austin, III</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Chief Financial Officer and
  Executive Vice President</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">&nbsp;</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ Andrew B. Cajka, Jr.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">Andrew B. Cajka, Jr.</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">&nbsp;</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ Mark A. Cothran&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">Mark A. Cothran</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">&nbsp;</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ Leighton M. Cubbage&nbsp;&nbsp;&nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">Leighton M. Cubbage</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">&nbsp;</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ Anne S. Ellefson&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">Anne S. Ellefson</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  &nbsp;</td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  &nbsp;</td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ David G. Ellison&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">David G. Ellison</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">&nbsp;</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">Fred Gilmer, Jr.</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:0pt;text-align:center; margin-top:0'>
	<font size="2">Senior Vice President, </font> </p>
	<p class=MsoNormal align=center style='margin-bottom:0pt;text-align:center; margin-top:0'>
	<font size="2">Secretary, and Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">&nbsp;</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='height:11.7pt'>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt;
  height:11.7pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt;
  height:11.7pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt;
  height:11.7pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">Tecumseh Hooper, Jr.</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  &nbsp;</td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  &nbsp;</td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ Rudolph G. Johnston, III, M.D.</font></u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">Rudolph G. Johnston, III, M.D.</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  &nbsp;</td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  &nbsp;</td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ James B. Orders, III&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">James B. Orders, III</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">&nbsp;</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">/s/ R. Arthur Seaver, Jr.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">April 18, 2006&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">R. Arthur Seaver, Jr.</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:0pt;text-align:center; margin-top:0'>
	<font size="2">Chief Executive Officer, </font> </p>
  <p class=MsoNormal align=center style='margin-bottom:0pt;text-align:center; margin-top:0'>
	<font size="2">President, and Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  &nbsp;</td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  &nbsp;</td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><u><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'><u>
	<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	</font> </u></p>
  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal style='margin-bottom:1.0pt'><font size="2">William B. Sturgis</font></p>
  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal align=center style='margin-bottom:1.0pt;text-align:center'>
	<font size="2">Director</font></p>
  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr>
  <td width=216 valign=top style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=210 valign=top style='width:157.5pt;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=216 valign=bottom style='width:2.25in;border:none;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
</table>





<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>



<p style="margin-top: 0; margin-bottom: 0"><font size="2">



<br
clear=all style='page-break-before:always'>










</font><b><font size="2">Exhibit
Index</font></b></p>
<p style="margin-top: 0; margin-bottom: 0"><b><font size="2">&nbsp;</font></b></p>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0
 style='border-collapse:collapse'>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <font size="2">Exhibit <u>Number</u></font></td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  &nbsp;</td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
	<p style="margin-top: 0; margin-bottom: 0"><u><font size="2">Description of
	Exhibit</font></u></td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  &nbsp;</td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.1</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Articles of Incorporation (1)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.2</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Bylaws (2)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.3</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Form of Certificate of Common
  Stock (1)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.4</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Form of Stock Warrant
  Agreement (1)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.5</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">2000 Greenville First
  Bancshares, Inc. Stock Incentive Plan (3)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">4.6</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">2006 Greenville First Bancshares, Inc. Restricted Stock Plan</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">5.1</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Legal Opinion of Nelson
  Mullins Riley &amp; Scarborough LLP</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">23.1</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Consent of Elliott Davis, LLC
  </font>
  </p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">23.2</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Consent of Nelson Mullins
  Riley &amp; Scarborough LLP (contained in their opinion filed as Exhibit 5.1)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td valign=top style='width:42px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><font size="2">24</font></p>
  </td>
  <td valign=top style='width:15px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  </td>
  <td valign=top style='width:556px;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-bottom:12.0pt;text-align:justify'>
	<font size="2">Power of Attorney (contained
  on the signature pages of this registration statement)</font></p>
  </td>
  <td width=18 valign=top style='width:13.5pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
</table>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.5in; margin-top:0; margin-bottom:0'>
<font size="2">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Incorporated by
reference to the Company's Registration Statement on Form SB-2 filed on July 27, 1999.</font></p>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.5in; margin-top:0; margin-bottom:0'>
<font size="2">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Incorporated by
reference to the Company's Form 10-QSB for the quarter ended June 30, 2000.</font></p>

<p class=MsoFooter style="margin-top: 0; margin-bottom: 0"><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Incorporated
by reference to the Company's Form 10-QSB for the quarter ended March 31, 2000.
</font> </p>

</body>

</html>
[{"type": "S-8", "sequence": "1", "filename": "forms-8_041906.htm", "secsgml_size_bytes": 78344}]
{"company-data": {"conformed-name": "GREENVILLE FIRST BANCSHARES INC", "cik": "0001090009", "assigned-sic": "6021", "irs-number": "582459561", "state-of-incorporation": "SC", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-133379", "film-number": "06766325"}, "business-address": {"street1": "112 HAYWOOD ROAD", "city": "GREENVILLE", "state": "SC", "zip": "29607", "phone": "8646799000"}, "mail-address": {"street1": "112 HAYWOOD ROAD", "city": "GREENVILLE", "state": "SC", "zip": "29607"}}
S-8_041906
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC  20549
________________
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
________________
GREENVILLE
FIRST BANCSHARES, INC.
(Exact name
of registrant as specified in its charter)
South Carolina
58-2459561
(State or other
jurisdiction of                                                                                                    (I.R.S.
Employer
incorporation
or organization)                                                                                                 Identification
Number)
112 Haywood Road
Greenville, South Carolina 29607
(Address
of Principal Executive Offices)
Greenville
First Bancshares, Inc. 2000 Stock Incentive Plan
2006 Greenville First Bancshares, Inc. Restricted Stock Plan
(Full title of the plans)
R. Arthur Seaver, Jr.
President
112 Haywood Road
Greenville, South Carolina 29607
864-679-9000
(Name,
address, and telephone number of agent for service)
________________________________
Copies
  Requested to:
Neil E.
  Grayson, Esq.
Nelson
  Mullins Riley & Scarborough LLP
Poinsett Plaza, Suite 900
104 South Main
    Street
Greenville, South Carolina 29601
Telephone: 
  (864) 250-2300
Fax: 
  (864) 232-2925
________________________________
Title
  of securities
to
  be registered
Amount
  to be registered
Proposed
  maximum offering price
per
  Share
Proposed
  maximum
aggregate
offering price
Amount
  of registration
  fee
Common Stock
410,000
(1)
$23.10
(2)
$9,471,000
(2)
$1,014
(1)   Represents shares of common stock issuable under the Greenville First Bancshares, Inc. 2000 Stock Incentive Plan and 2006 Greenville First Bancshares, Inc. Restricted Stock
Plan.
(2)    In accordance with Rule 457(c), the registration fee is
based upon the average of the high and low price of common stock reported on April 17, 2006.
In
addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
registration statement also covers an indeterminate amount of interests to be
offered or sold pursuant to the employee benefit plan described herein.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Item 1.  Plan Information*
Item 2.  Registrant Information and Employee Plan
Annual Information*
*Documents containing the
information required by Part I of this Registration Statement will be sent or
given to participants in Greenville First
Bancshares, Inc. 2000 Stock Incentive Plan and 2006 Greenville First Bancshares, Inc. Restricted Stock
Plan in accordance with Rule 428(b)(1) of the General Rules and
Regulations under the Securities Act of 1933.  In accordance with the Note to
Part I of Form S-8, such documents are not filed with the Securities and
Exchange Commission either as part of this Registration Statement or as
prospectuses or prospectus supplements.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3
.
Incorporation of Documents
by Reference
.
The following documents filed by us with the
SEC are incorporated by reference into this registration statement, and all
documents subsequently filed by us pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Securities Exchange Act of 1934 shall be incorporated by reference
in this registration statement and shall be a part of this registration
statement from the date of filing of the documents:
(a)    
our Annual Report on Form 10-K for
the year ended December 31, 2005;
(c)     our Current Reports on
Form 8-K filed on January 17, 2006 and February 6, 2006; and
(d)     our description of
securities included in our registration statement on the 424(B)(4) prospectus filed
on September 22, 2004.
Item 4
.
Description of Securities
.
N/A
Item 5
.
Interests
of Named Experts and Counsel
.
N/A
Item 6
.
Indemnification of
Directors and Officers
.
Our articles of incorporation contain a provision
which, subject to certain exceptions described below, eliminates the liability
of a director or an officer to the company or shareholders for monetary damages
for any breach of duty as a director or officer.  This provision does not
eliminate such liability to the extent the director or officer engaged in
willful misconduct or a knowing violation of criminal law or of any federal or
state securities law, including, without limitation, laws proscribing insider
trading or manipulation of the market for any security.
Under our bylaws, we must indemnify any person who
becomes subject to a lawsuit or proceeding by reason of service as a director
of the company or the bank or any other corporation which the person served as
a director at the request of the company.  Except as noted in the next
paragraph, directors are entitled to be indemnified against judgments,
penalties, fines, settlements, and reasonable expenses actually incurred by the
director in connection with the proceeding.  Our directors are also entitled to
have the company advance any such expenses prior to final disposition of the
proceeding, upon delivery of a written affirmation by the director of his good
faith belief that the standard of conduct necessary for indemnification has
been met and a written undertaking to repay the amounts advanced if it is
ultimately determined that the standard of conduct has not been met.
Under our articles of incorporation and bylaws,
indemnification will be disallowed for (i) any breach of the director's duty of
loyalty; (ii) acts or omissions not in good faith or which involve gross
negligence, intentional misconduct, or a knowing violation of law; (iii)
liability imposed under Section 33-8-330 of the South Carolina Business
Corporation Act of 1988; and (iv) any transaction from which the director
derived an improper personal benefit.  In addition to the articles of
incorporation and bylaws, Section 33‑8‑520 of the Act requires that
"a corporation indemnify a director who was wholly successful, on the merits or
otherwise, in the defense of any proceeding to which he was a party because he
is or was a director of the corporation against reasonable expenses incurred by
him in connection with the proceeding."  The statute also provides that upon
application of a director a court may order indemnification if it determines
that the director is entitled to such indemnification under the applicable
statutory standard.
Our board of directors also has the authority to extend
to officers, employees, and agents the same indemnification rights held by
directors, subject to all of the accompanying conditions and obligations.  The
board of directors has extended indemnification rights to all of our executive
officers.
Insofar as indemnification for liabilities arising under
the Securities Act of 1933 may be permitted to our directors, officers, and
controlling persons pursuant to the foregoing provisions, or otherwise, we have
been advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act of
1933 and is, therefore, unenforceable.
Item 7
.
Exemption from Registration
Claimed
.
N/A
Item 8.  Exhibits.
The following
exhibits are filed with this registration statement.
Exhibit
Number
Description
of Exhibit
4.1
Articles of Incorporation (1)
4.2
Bylaws (2)
4.3
Form of Certificate of Common
  Stock (1)
4.4
Form of Stock Warrant
  Agreement (1)
4.5
2000 Greenville First Bancshares,
  Inc. Stock Incentive Plan (3)
4.6
2006 Greenville First Bancshares, Inc. Restricted Stock Plan
5.1
Legal Opinion of Nelson
  Mullins Riley & Scarborough LLP
23.1
Consent of Elliott Davis, LLC
23.2
Consent of Nelson Mullins
  Riley & Scarborough LLP (contained in their opinion filed as Exhibit 5.1)
24
Power of Attorney (contained
  on the signature pages of this registration statement)
(1)           
Incorporated by reference to the Company's Registration Statement on Form SB-2
filed on July 27, 1999.
(2)            Incorporated by
reference to the Company's Form 10-QSB for the quarter ended June 30, 2000.
(3)            Incorporated by
reference to the Company's Form 10-QSB for the quarter ended March 31, 2000.
Item 9.  Undertakings.
1. The undersigned registrant hereby
undertakes:
(a) To file, during any period in
which offers or sales are being made, a post-effective amendment to this
registration statement:
(i) To
include any prospectus required by Section 10(a)(3) of the Securities Act
of 1933;
(ii) To
reflect in the prospectus any facts or events arising after the effective date
of the registration statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental
change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than a 20 percent change in the
maximum aggregate offering price set forth in the "Calculation of Registration
Fee" table in the effective registration statement.
(iii) To
include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to
such information in the registration statement;
provided, however
, that paragraphs (a)(i) and
(a)(ii) do not apply if the registration statement is on Form S-3, Form S-8 or
Form F-3, and the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed with or
furnished to the Commission by the registrant pursuant to Section 13 or
15(d) of the Securities Exchange Act of 1934 that are incorporated by reference
in the registration statement.
(b) That, for the purpose of
determining any liability under the Securities Act of 1933, each such
post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial
bona fide
offering
thereof.
(c) To remove from registration
by means of a post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering.
2. The undersigned registrant
hereby undertakes that, for purposes of determining any liability under the
Securities Act of 1933, each filing of the registrant's annual report pursuant
to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (and,
where applicable, each filing of an employee benefit plan's annual report
pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is
incorporated by reference in the registration statement shall be deemed to be a
new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial
bona
fide
offering thereof.
3. Insofar as indemnification for
liabilities arising under the Securities Act of 1933 may be permitted to
directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the
opinion of the Securities and Exchange Commission such indemnification is against
public policy as expressed in the Act and is, therefore, unenforceable. In the
event that a claim for indemnification against such liabilities (other than the
payment by the registrant of expenses incurred or paid by a director, officer
or controlling person of the registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the
registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as
expressed in the Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this registration statement to be
signed on its behalf by the undersigned, thereunto duly authorized, in the city
of Greenville, State of South Carolina, on this 18th day of April, 2006.
GREENVILLE
FIRST BANCSHARES, INC.
By:
/s/ R. Arthur Seaver,
Jr.
R. Arthur Seaver,
Jr.
President and Chief
Executive Officer
POWER OF
ATTORNEY
KNOW ALL PERSONS BY THESE
PRESENTS, that each person whose signature appears below constitutes and
appoints R. Arthur Seaver, Jr. and James M. Austin, III, or either of them, as
such person's true and lawful attorneys-in-fact and agents, with full power of
substitution and resubstitution, for such person and in such person's name,
place and stead, in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement and any
Registration Statement filed pursuant to Rule 462(b) under the Securities Act
of 1933, as amended, and to file the same, with all exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange Commission
and any other regulatory authority, granting unto said attorneys-in-fact and
agents, and each of them, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in connection therewith,
as fully to all intents and purposes as such person might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents, or either of them, or their or his substitute or substitutes, may
lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of
the Securities Act of 1933, this Registration Statement has been signed below
by the following persons in the capacities and on the dates indicated:
Signature
Title
Date
/s/ James M. Austin, III
April 18, 2006
James M. Austin, III
Chief Financial Officer and
  Executive Vice President
/s/ Andrew B. Cajka, Jr.
April 18, 2006
Andrew B. Cajka, Jr.
Director
/s/ Mark A. Cothran
April 18, 2006
Mark A. Cothran
Director
/s/ Leighton M. Cubbage
April 18, 2006
Leighton M. Cubbage
Director
/s/ Anne S. Ellefson
April 18, 2006
Anne S. Ellefson
Director
/s/ David G. Ellison
April 18, 2006
David G. Ellison
Director
Fred Gilmer, Jr.
Senior Vice President,
Secretary, and Director
Tecumseh Hooper, Jr.
Director
/s/ Rudolph G. Johnston, III, M.D.
April 18, 2006
Rudolph G. Johnston, III, M.D.
Director
/s/ James B. Orders, III
April 18, 2006
James B. Orders, III
Director
/s/ R. Arthur Seaver, Jr.
April 18, 2006
R. Arthur Seaver, Jr.
Chief Executive Officer,
President, and Director
William B. Sturgis
Director
Exhibit
Index
Exhibit
Number
Description of
	Exhibit
4.1
Articles of Incorporation (1)
4.2
Bylaws (2)
4.3
Form of Certificate of Common
  Stock (1)
4.4
Form of Stock Warrant
  Agreement (1)
4.5
2000 Greenville First
  Bancshares, Inc. Stock Incentive Plan (3)
4.6
2006 Greenville First Bancshares, Inc. Restricted Stock Plan
5.1
Legal Opinion of Nelson
  Mullins Riley & Scarborough LLP
23.1
Consent of Elliott Davis, LLC
23.2
Consent of Nelson Mullins
  Riley & Scarborough LLP (contained in their opinion filed as Exhibit 5.1)
24
Power of Attorney (contained
  on the signature pages of this registration statement)
(1)            Incorporated by
reference to the Company's Registration Statement on Form SB-2 filed on July 27, 1999.
(2)            Incorporated by
reference to the Company's Form 10-QSB for the quarter ended June 30, 2000.
(3)            Incorporated
by reference to the Company's Form 10-QSB for the quarter ended March 31, 2000.