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  <TITLE> The Bank Holdings (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	October 10, 2007
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  	The Bank Holdings
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	&nbsp;
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  	Nevada
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  	000-50645
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  	90-0071778
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	9990 Double R. Blvd., Reno, Nevada
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  	&nbsp;
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  	89521
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	775.853.8600
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <FONT SIZE="2">Top of the Form</FONT>
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  <B>
  	Item 1.01 Entry into a Material Definitive Agreement.
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  On September 20, 2007 the Board of Directors of Nevada Security Bank, the wholly owned subsidiary of The Bank Holdings, approved the First Amendments to the Executive Supplemental Compensation Agreement and the Second Amended and Restated Nevada Security Bank Split Dollar Agreements, under the provisions of supplementary retirement and life insurance benefit plans for certain executives as had been originally approved in September, 2005. The parties to the agreements are: Hal Giomi, CEO of Nevada Security Bank; Joe Bourdeau, its Senior Executive Vice President, Marketing and Sales; Jack Buchold, its Chief Financial Officer; John Donovan, its Chief Credit Officer; and David Funk, its President. <br><br>The First Amendment to the Executive Supplemental Compensation Agreement fixes the amount of the annual benefit rather than enabling the amount to be determined on the basis of the last thirty-six (36) months of certain compensation and a benefit level multiplier, deletes references to "Final Average Annual Compensation" and "Benefit Level" and provides that years of service is from the date of executive's employment with employer, rather than the date of the agreement. <br><br>The "Second Amended and Restated Nevada Security Bank Split Dollar Agreement" includes changes made to conform to the change in control definition of Section 409A of the Internal Revenue Code and changes made to eliminate split dollar benefits in the event of involuntary termination of employment due to a change in control or constructive termination. Further, other slight changes were made to clarify the language in the Split Dollar Agreement. <br><br>These documents were made effective on October 10, 2007 by the approving signature of the Chairman of the Board of Nevada Security Bank.    <br><br>The Nevada Security Bank First Amendments to the Executive Supplemental Compensation Agreements are filed herewith as Exhibits 10.1 through 10.1.4. The Second Amended and Restated Nevada Security Bank Split Dollar Agreements are filed herewith as Exhibits 10.2 through 10.2.4.
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	&nbsp;
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  	&nbsp;
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  	The Bank Holdings
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  	&nbsp;&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  <I>
  	October 11, 2007
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  	&nbsp;
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  <I>
  	By:
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  	&nbsp;
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  <I>
  	Jack B. Buchold
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  <BR>
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  <I>
  	Name: Jack B. Buchold
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	&nbsp;
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  <I>
  	Title: Chief Financial Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	&nbsp;
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  	Description
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  	&nbsp;
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  	10.1
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  	&nbsp;
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  First Amendment for Hal Giomi
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  	10.2
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  	&nbsp;
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  Second Amended & Restated Split Dollar Agmt for Hal Giomi
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  	10.1.1
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  	&nbsp;
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  First Amendment for Joe Bourdeau
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  	10.1.2
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  	&nbsp;
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  First Amendment for Jack Buchold
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  	10.1.3
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  	&nbsp;
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  First Amendment for John Donovan
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  	10.1.4
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  	&nbsp;
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  First Amendment for David Funk
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  	10.2.1
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  	&nbsp;
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  Second Amended & Restated Split Dollar Agmt for Joe Bourdeau
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  	10.2.2
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  	&nbsp;
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  Second Amended & Restated Split Dollar Agmt for Jack Buchold
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  	10.2.3
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  <FONT SIZE="2">
  	&nbsp;
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  <FONT SIZE="2">
  Second Amended & Restated Split Dollar Agmt for John Donovan
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  </TD>
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  <DIV ALIGN="LEFT">
  	10.2.4
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  <FONT SIZE="2">
  	&nbsp;
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  Second Amended & Restated Split Dollar Agmt for David Funk
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_23099.htm", "description": "LIVE FILING", "secsgml_size_bytes": 14193}]
metadata_filer: {"company-data": {"conformed-name": "BANK HOLDINGS", "cik": "0001234383", "assigned-sic": "6022", "irs-number": "000000000", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50645", "film-number": "071166867"}, "business-address": {"street1": "9990 DOUBLE R BLVD", "city": "RENO", "state": "NV", "zip": "89521", "phone": "7758538600"}}
text: The Bank Holdings (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  October 10, 2007
  The Bank Holdings
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Nevada
  000-50645
  90-0071778
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  9990 Double R. Blvd., Reno, Nevada
  89521
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  775.853.8600
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On September 20, 2007 the Board of Directors of Nevada Security Bank, the wholly owned subsidiary of The Bank Holdings, approved the First Amendments to the Executive Supplemental Compensation Agreement and the Second Amended and Restated Nevada Security Bank Split Dollar Agreements, under the provisions of supplementary retirement and life insurance benefit plans for certain executives as had been originally approved in September, 2005. The parties to the agreements are: Hal Giomi, CEO of Nevada Security Bank; Joe Bourdeau, its Senior Executive Vice President, Marketing and Sales; Jack Buchold, its Chief Financial Officer; John Donovan, its Chief Credit Officer; and David Funk, its President.
  The First Amendment to the Executive Supplemental Compensation Agreement fixes the amount of the annual benefit rather than enabling the amount to be determined on the basis of the last thirty-six (36) months of certain compensation and a benefit level multiplier, deletes references to "Final Average Annual Compensation" and "Benefit Level" and provides that years of service is from the date of executive's employment with employer, rather than the date of the agreement.
  The "Second Amended and Restated Nevada Security Bank Split Dollar Agreement" includes changes made to conform to the change in control definition of Section 409A of the Internal Revenue Code and changes made to eliminate split dollar benefits in the event of involuntary termination of employment due to a change in control or constructive termination. Further, other slight changes were made to clarify the language in the Split Dollar Agreement.
  These documents were made effective on October 10, 2007 by the approving signature of the Chairman of the Board of Nevada Security Bank.
  The Nevada Security Bank First Amendments to the Executive Supplemental Compensation Agreements are filed herewith as Exhibits 10.1 through 10.1.4. The Second Amended and Restated Nevada Security Bank Split Dollar Agreements are filed herewith as Exhibits 10.2 through 10.2.4.
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  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  The Bank Holdings
  October 11, 2007
  By:
  Jack B. Buchold
  Name: Jack B. Buchold
  Title: Chief Financial Officer
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  Exhibit Index
  Exhibit No.
  Description
  10.1
  First Amendment for Hal Giomi
  10.2
  Second Amended & Restated Split Dollar Agmt for Hal Giomi
  10.1.1
  First Amendment for Joe Bourdeau
  10.1.2
  First Amendment for Jack Buchold
  10.1.3
  First Amendment for John Donovan
  10.1.4
  First Amendment for David Funk
  10.2.1
  Second Amended & Restated Split Dollar Agmt for Joe Bourdeau
  10.2.2
  Second Amended & Restated Split Dollar Agmt for Jack Buchold
  10.2.3
  Second Amended & Restated Split Dollar Agmt for John Donovan
  10.2.4
  Second Amended & Restated Split Dollar Agmt for David Funk