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): April 4, 2001


                          Indian River Banking Company

             (Exact name of registrant as specified in its charter)

           Florida                                        59-2931518
(State or other jurisdiction of                       (I.R.S. Employer
 incorporation or organization)                      Identification No.)

     958 20th Place, Vero Beach, FL                         32960
(Address of principal executive offices)                  (Zip Code)


        Registrant's telephone number, including area code: 561.569.9200



<PAGE>



Item 5. Other Items.

         Indian  River  Banking   Company  (the   "Company")  has  accepted  the
resignation of William A High as President, Chief Executive Officer and Director
of the Company and its wholly owned subsidiary bank,  Indian River National Bank
(the "Bank"). Mr. High's resignation is effective immediately.

         Paul  A.  Beindorf,  previously  Vice  President  of  the  Company  and
Executive Vice President - Lending of the Bank, has been appointed President and
Chief Executive Officer of the Company and Bank.

         In connection  with Mr. High's  resignation,  the Company will take one
time,  pre-tax  charge in the  second  quarter  of  approximately  $567,000,  or
approximately  $357,000 after taxes,  in respect of payments in  satisfaction of
all amounts  which may be owing under Mr.  High's  employment  agreement and the
termination of options held by Mr. High.

                                   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.

                                              INDIAN RIVER BANKING COMPANY

                                              By: /s/ Paul A. Beindorf

                                              Paul A. Beindorf, President

Dated: April 5, 2001
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{"company-data": {"conformed-name": "INDIAN RIVER BANKING COMPANY", "cik": "0000846382", "assigned-sic": "6021", "irs-number": "592931518", "state-of-incorporation": "FL"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-26795", "film-number": "1596189"}, "business-address": {"street1": "958 20TH PL", "city": "VERO BEACH", "state": "FL", "zip": "32960", "phone": "4075699200"}, "mail-address": {"street1": "958 20TH PL", "city": "VERO BEACH", "state": "FL", "zip": "32960"}}
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): April 4, 2001

                          Indian River Banking Company

             (Exact name of registrant as specified in its charter)

           Florida                                        59-2931518
(State or other jurisdiction of                       (I.R.S. Employer
 incorporation or organization)                      Identification No.)

     958 20th Place, Vero Beach, FL                         32960
(Address of principal executive offices)                  (Zip Code)

        Registrant's telephone number, including area code: 561.569.9200
Item 5. Other Items.

         Indian  River  Banking   Company  (the   "Company")  has  accepted  the
resignation of William A High as President, Chief Executive Officer and Director
of the Company and its wholly owned subsidiary bank,  Indian River National Bank
(the "Bank"). Mr. High's resignation is effective immediately.

         Paul  A.  Beindorf,  previously  Vice  President  of  the  Company  and
Executive Vice President - Lending of the Bank, has been appointed President and
Chief Executive Officer of the Company and Bank.

         In connection  with Mr. High's  resignation,  the Company will take one
time,  pre-tax  charge in the  second  quarter  of  approximately  $567,000,  or
approximately  $357,000 after taxes,  in respect of payments in  satisfaction of
all amounts  which may be owing under Mr.  High's  employment  agreement and the
termination of options held by Mr. High.

                                   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.

                                              INDIAN RIVER BANKING COMPANY

                                              By: /s/ Paul A. Beindorf

                                              Paul A. Beindorf, President

Dated: April 5, 2001