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 ~~and~~ Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~August 4,~~: October ~~2005~~ 16, 2007

FMB ~~Equibanc~~ EQUIBANC, ~~Inc~~INC. ~~(Exact name of registrant as specified in its charter)~~

Georgia	000-32399	58-2582553
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

(Exact name of registrant as specified in its charter)

201 North Main Street, Statesboro, Georgia	30458
Georgia	000-32399	58-2582553
(Address of principal executive offices)	(Zip Code)
(State or other jurisdiction of incorporation)	(Commission file number)	(I.R.S. Employer Identification No.)

~~Registrant's~~201 ~~telephone~~ North ~~number~~Main Street, ~~including~~Statesboro, ~~area code: (912) 489-2600~~ Georgia 30458

~~Not applicable~~ (~~Former~~Address of ~~name~~principal orexecutive ~~former address~~offices, ifincluding ~~changed~~zip ~~since last report~~code)

~~Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions~~ (~~see General Instruction A.2. below~~912): 489-2600

(Registrant's telephone number, including area code)

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))

~~ITEM 2~~Item 5.~~03. Creation of~~02 aDeparture ~~Direct~~of ~~Financial~~Directors ~~Obligation~~ or anPrincipal ~~Obligation~~Officers; ~~under~~Election anof ~~Off-Balance~~Officers; ~~Sheet Arrangement~~Appointment of aPrincipal ~~Registrant~~Officers.

On ~~August~~ May 4 17, ~~2005~~2007, ~~FMB~~R. ~~2005~~Earl ~~Capital~~Dabbs, ~~Trust I (the “Trust”)~~Sr., a ~~newly~~director ~~formed Delaware statutory trust subsidiary~~ of the FMB Equibanc, Inc. (the “Company”), ~~completed~~retired from the ~~sale~~ ofboard ~~$4.0 million~~ of ~~its trust preferred securities~~directors. Mr.Dabbs ~~The~~has ~~trust preferred~~served ~~securities~~ as ~~have~~ a ~~maturity~~director ofsince ~~30 years~~2000, ~~are redeemable at the Company’s option beginning September 2010 or upon the occurrence of certain other conditions,~~ and ~~pay~~ ~~cumulative cash distributions accumulating from~~ the ~~date of issuance at an annual rate initially fixed at 6.09% until September 2010, then reset quarterly at an annual rate of three-month LIBOR plus 1.57% thereafter. The~~ Company ~~has fully~~appreciates ~~guaranteed~~his ~~the payment obligations of the Trust under the trust preferred~~valuable ~~securities on a subordinated basis with respect to the trust preferred securities~~ service.

~~The~~On ~~proceeds~~ September ~~from~~19, ~~the~~2007, ~~sale of~~ the ~~trust~~board ~~preferred securities were used by the Trust to purchase an equal amount~~ of ~~floating-rate~~directors ~~subordinated~~elected ~~debentures~~Gary ~~(the “Subordinated Debentures”) of the Company~~M. ~~Like~~Davis ~~the~~as ~~trust~~a ~~preferred securities,~~new ~~the~~ director. Mr. ~~Subordinated~~Davis ~~Debentures~~will ~~have~~serve auntil ~~maturity of 30 years, are redeemable at~~ the ~~Company’s~~ ~~option~~2008 ~~beginning~~Annual ~~September~~Meeting ~~2010 or upon the occurrence~~ of ~~certain~~ ~~other conditions~~ Shareholders, and ~~pay~~until ~~cumulative~~such ~~cash~~time ~~distributions~~as ~~accumulating~~his ~~from~~successor ~~the date~~is ofduly ~~issuance~~elected ~~at an annual rate initially fixed at 6.09% until September~~and ~~2010~~ qualified, ~~then~~or ~~reset~~until ~~quarterly~~his atearlier anresignation ~~annual~~or ~~rate of three-month LIBOR plus 1~~removal.~~57% thereafter~~ Mr. ~~The~~Davis ~~Company~~was also ~~may~~named ~~defer~~as ~~interest~~a ~~payments~~member onof the ~~Subordinated Debentures~~Audit ~~for~~Committee upand tothe 20Asset/Liability ~~consecutive quarterly payments, provided there is no~~Committee ~~event~~ of ~~default~~Farmers ~~and~~& ~~the~~Merchants ~~deferral~~Bank. Mr. ~~does~~Davis ~~not~~will ~~extend past the stated maturity.~~receive ~~The proceeds~~ standard tocompensation ~~the~~for ~~Company~~non-employee ~~from~~directors ~~the sale~~ of the ~~Subordinated~~Company, ~~Debentures~~which ~~to the~~includes ~~Trust~~ a ~~will~~retainer beof ~~used~~$1,325 toper ~~provide~~month ~~additional~~plus ~~capital~~$150 toper ~~Farmers~~committee ~~& Merchants~~meeting ~~Bank, the Company’s wholly-owned subsidiary~~ attended.

There is no arrangement of understanding between Mr. Davis and any other persons pursuant to which he was elected as a director. There are no relationships between Mr. Davis and the Company or its subsidiary that would require disclosure pursuant to Item 404 (a) of Regulation S-B.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the ~~Company~~ registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FMB EQUIBANC, INC. By: /s/ Charles R. Nessmith Charles R. Nessmith President & Chief Executive Officer

		FMB Equibanc, Inc.




Date: October 16, 2007		/s/ Charles R. Nessmith
		Charles R. Nessmith
		President and Chief Executive Officer
		(Principal Executive Officer)

Dated: August 10, 2005

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