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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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  	June 21, 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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  	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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  	9990 Double R. Blvd., Reno, Nevada
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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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  	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>
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  <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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  	Item 1.01 Entry into a Material Definitive Agreement.
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  On June 21, 2007 the Board of Directors of Nevada Security Bank, the wholly owned subsidiary of The Bank Holdings, confirmed the approval of the three year Executive Employment Agreement of John Donovan, Executive Vice President and Chief Credit Officer of both Nevada Security Bank and The Bank Holdings. This agreement was effective May 25, 2007 and replaced that agreement dated May 25, 2004, which was also for a three year period. The previous and current contracts have the same provisions except for the vacation period available, and the extension of the termination without cause benefit period from twelve to twenty-four months. This contract now conforms to those of other executive officers of Nevada Security Bank and The Bank Holdings.<br><br>The Executive Employment Agreement is filed herewith as Exhibit 10.1. <br><br>On June 21, 2007 the Board of Directors of Nevada Security Bank, the wholly owned subsidiary of The Bank Holdings, also confirmed the approval of amendment #3 to the Executive Employment Agreement of David Funk, President and Director of  Nevada Security Bank and Director, The Bank Holdings. This amendment was effective June 21, 2007 and modified the employment period for which Mr. Funk would be compensated in a change of control, to conform to those contracts in place for other exective officers. Should a change of control occur, he would be compensated in an amount equal to twenty-four (24) months of salary, plus one month additional pay for every year of completed service. The modification concerned the addition of one month's pay for each year of completed service. <br><br>The amendment #3 to the Executive Employment Agreement is filed herewith as Exhibit 10.2. <br><br><br>Item 9.01 Financial Statements and Exhibits<br><br>(b) Exhibits<br>10.1 Executive Employment Agreement of John Donovan<br>10.2 Executive Employment Agreement Addendum #3 of David A. Funk
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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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  	The Bank Holdings
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  	&nbsp;&nbsp;
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  <I>
  	June 25, 2007
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  	&nbsp;
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  	By:
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  <I>
  	Jack B. Buchold
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  	&nbsp;
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  <I>
  	Name: Jack B. Buchold
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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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  	Description
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  	10.1
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  	&nbsp;
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  Executive Employment Agreement of John Donovan
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  	10.2
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  Executive Employment Agreement Addendum #3 of David A. Funk
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_21094.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11630}]
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": "07937943"}, "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):
  June 21, 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 June 21, 2007 the Board of Directors of Nevada Security Bank, the wholly owned subsidiary of The Bank Holdings, confirmed the approval of the three year Executive Employment Agreement of John Donovan, Executive Vice President and Chief Credit Officer of both Nevada Security Bank and The Bank Holdings. This agreement was effective May 25, 2007 and replaced that agreement dated May 25, 2004, which was also for a three year period. The previous and current contracts have the same provisions except for the vacation period available, and the extension of the termination without cause benefit period from twelve to twenty-four months. This contract now conforms to those of other executive officers of Nevada Security Bank and The Bank Holdings.
  The Executive Employment Agreement is filed herewith as Exhibit 10.1.
  On June 21, 2007 the Board of Directors of Nevada Security Bank, the wholly owned subsidiary of The Bank Holdings, also confirmed the approval of amendment #3 to the Executive Employment Agreement of David Funk, President and Director of  Nevada Security Bank and Director, The Bank Holdings. This amendment was effective June 21, 2007 and modified the employment period for which Mr. Funk would be compensated in a change of control, to conform to those contracts in place for other exective officers. Should a change of control occur, he would be compensated in an amount equal to twenty-four (24) months of salary, plus one month additional pay for every year of completed service. The modification concerned the addition of one month's pay for each year of completed service.
  The amendment #3 to the Executive Employment Agreement is filed herewith as Exhibit 10.2.
  Item 9.01 Financial Statements and Exhibits
  (b) Exhibits
  10.1 Executive Employment Agreement of John Donovan
  10.2 Executive Employment Agreement Addendum #3 of David A. Funk
  Top of the Form
  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
  June 25, 2007
  By:
  Jack B. Buchold
  Name: Jack B. Buchold
  Title: Chief Financial Officer
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  10.1
  Executive Employment Agreement of John Donovan
  10.2
  Executive Employment Agreement Addendum #3 of David A. Funk