UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 orOR 15(d) of ~~the~~The Securities ~~and~~ Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~July~~ May 218, ~~2010~~2011

~~Touchmark~~TOUCHMARK ~~Bancshares~~BANCSHARES, ~~Inc~~INC.

(Exact name of registrant as specified in its charter)

Georgia	~~333~~000-~~143840~~53655	20-8746061
(State or other jurisdiction	(Commission File Number)	(IRS Employer
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
of incorporation)		Identification No.)

3651 Old Milton Parkway, Alpharetta, Georgia		30005
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (770) 407-6700

N/A

(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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.0207 ~~Departure~~Submission of ~~Directors~~Matters orto ~~Certain~~a ~~Officers;~~Vote ~~Election~~ of ~~Directors;~~Security ~~Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~Holders.

~~(a)~~ On ~~July~~May 218, ~~2010~~ 2011, ~~William R. Short resigned from his position as a director of~~ Touchmark Bancshares, Inc., a Georgia corporation (the “Company”), ~~and~~held ~~the~~its ~~Company’s~~annual ~~national~~meeting ~~bank subsidiary,~~of ~~Touchmark~~stockholders. ~~National~~The ~~Bank~~Company ~~(the~~solicited ~~“Bank”). Mr. Short~~proxies ~~was~~for athe ~~member~~meeting ofpursuant ~~the~~to ~~executive committee~~Regulation of14A under the ~~board~~Securities Exchange Act of ~~directors~~1934, as amended.

~~(b)~~Management’s nominees for election to the Company’s board of directors as listed in the Company’s proxy statement were elected for the terms indicated, with the results of the voting as follows:

1. On July 2, 2010, William R. Short resigned from his position as President and Chief Executive Officer of the Company and the Bank.

	Term Expires
	(at annual meeting
Nominee	of stockholders)	Votes For	Votes Withheld	Broker Non-Votes

Pin Pin Chau	2012	1,968,437	9,102	18,000
Sudhirkumar C. Patel	2014	1,958,335	19,204	18,000
Meena J. Shah	2014	1,957,834	19,705	18,000
Bobby G. Williams	2014	1,958,834	18,705	18,000

~~2. Effective~~As indicated in the above table, Pin Pin Chau was elected as ofa ~~July~~Class I 9director for a term expiring at the Company’s 2012 annual meeting of stockholders, ~~2010~~and Sudhirkumar C. Patel, ~~Robert~~Meena DJ. ~~Koncerak~~ ~~resigned~~Shah ~~from~~and ~~his~~Bobby ~~position~~G. Williams were elected as ~~Chief~~Class III ~~Financial~~directors ~~Officer~~for ofterms expiring at the Company ~~and~~’s 2014 annual meeting of stockholders. The terms of the ~~Bank~~following Class I directors will continue until the annual meeting in 2012: Howard Greenfield, Mukund C. Raja, Hasmukh P. Rama. The terms of the following Class II directors will continue until the annual meeting in 2013: William Crosby, Yuling R. Hayter, J.J. Shah and Vivian Wong.

~~(c)~~2

1. On July 2, 2010, the Company and the Bank entered into an Employment Agreement with Ms. Pin Pin Chau to become the President and Chief Executive Officer of the Company and the Bank. Ms. Chau’s appointment as President and Chief Executive Officer of the Company and the Bank became effective on July 2, 2010.SIGNATURES

~~Ms. Chau,~~Pursuant ~~age~~to ~~69,~~the ~~has~~requirements ~~over 30 years~~ of ~~experience in~~ the ~~banking industry. She~~Securities ~~previously~~Exchange ~~served~~Act ~~as the President and Chief Executive Officer~~ of ~~The Summit National Bank from February 1993 until it was acquired by UCBH Holdings~~1934, ~~Inc.~~ inthe ~~2006. She~~registrant ~~was~~has ~~elected~~duly ascaused athis ~~director~~report ofto ~~UCBH Holdings~~be insigned ~~2007 and served~~ on its ~~board~~behalf ~~until~~by her resignation in 2008. Most recently, she was involved in an organizing effort for a national bank in north Georgia. Before joining The Summit National Bank in 1993, Ms. Chau was President and Chief Executive Officer of United Orient Bank in New York. Prior to that, she was with National Westminster Bank USA in domestic and international posts. She has served on numerous public and educational boards, including gubernatorial appointments to economic and finance boards for the ~~State~~undersigned ofhereunto ~~Georgia. She~~duly ~~graduated magna cum laude, Phi Beta Kappa, and Phi Kappa Phi from Coe College~~authorized. ~~Ms. Chau received her M.A. degree from Yale University and is a graduate of Stonier Graduate School of Banking.~~

Ms. Chau’s Employment Agreement with the Company and the Bank is for a thirty-six (36) month term. During this term, Ms. Chau is entitled to an initial base salary of $250,000 per year. Ms. Chau is also entitled to or eligible for an annual performance bonus, options to purchase 50,000 shares of the Company’s common stock at a price of $8.39 per share, participate in our benefits programs, and receive certain other perquisites and reimbursements.

	TOUCHMARK BANCSHARES, INC.


Dated: May 20, 2011	By:	/s/ Pin Pin Chau
	Name: Pin Pin Chau
	Title: President and Chief Executive Officer

Pursuant to the terms of her employment agreement, Ms. Chau is prohibited from disclosing our confidential information. The employment agreement also contains certain restrictions on competition and solicitation of customers or employees. The employment agreement also contains provisions related to payments upon termination or a change of control.3

2. On July 7, 2010, the Company and the Bank hired Mr. Jorge L. Forment to become the Chief Financial Officer of the Company and the Bank. Mr. Forment’s appointment as Chief Financial Officer of the Company and the Bank became effective on July 9, 2010.

Mr. Forment, age 52, has over 30 years of experience in the banking industry. He previously served as the President and Chief Executive Officer of United Americas Bank, based in Atlanta, Georgia,

from April, 1999 to April, 2010. Prior to that, he served as the Chief Financial Officer and a Senior Vice President with Etowah Bank in Canton, Georgia. Mr. Forment attended the College of Business at Florida State University, where he received his B.S. in Finance and Economics.

Mr. Forment’s Employment Agreement with the Company and the Bank is for a twenty-four (24) month term. During this term, Mr. Forment is entitled to an initial base salary of $150,000 per year. Mr. Forment is also entitled to or eligible for options to immediately purchase 5,000 shares of common stock for $8.39 per share and options to purchase an additional 5,000 shares of common stock at a future date, participate in our benefits programs, and receive certain other perquisites and reimbursements.

Pursuant to the terms of his employment agreement, Mr. Forment is prohibited from disclosing our confidential information. The employment agreement also contains certain restrictions on competition and solicitation of customers or employees. The employment agreement also contains provisions related to payments upon termination or a change of control.

(d) On July 7, 2010, the boards of directors of the Company and the Bank elected Ms. Pin Pin Chau as a director. Ms. Chau is expected to serve on the executive committee of the board of directors.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Exhibit
10.1		Employment Agreement between Touchmark Bancshares, Inc., Touchmark National Bank and Pin Pin Chau dated July 2, 2010.
10.2		Employment Agreement between Touchmark Bancshares, Inc., Touchmark National Bank and Jorge L. Forment dated July 8, 2010.

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.

		TOUCHMARK BANCSHARES, INC.
	By:	/s/ Pin Pin Chau
		Pin Pin Chau
		President and Chief Executive Officer
Dated: July 9, 2010

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