UNITED ~~STATESSECURITIES AND~~ ~~EXCHANGE COMMISSIONWashinton, D.C. 20549FORM 8-K~~ STATES

~~CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE~~ SECURITIES AND EXCHANGE ~~ACT OF 1934~~ COMMISSION

~~Date of Report (Date of earliest event reported): May 7~~Washington, ~~2012~~ D.C. 20549

~~GREEN~~FORM ~~BANKSHARES, INC.(Exact name of registrant as specified in its charter)~~ 8-K

Tennessee	0-14289	62-1222567
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF

~~100~~THE ~~North~~SECURITIES ~~Main~~EXCHANGE ~~Street~~ACT ~~Greenville,~~OF ~~Tennessee 37743-4992 (Address of principal executive offices)(Zip Code)~~1934

Date of Report (~~423) 639-5111(Registrant’s telephone~~Date ~~number,~~of ~~including~~earliest ~~area~~event ~~code~~reported) : August 8, 2012

~~N/A(Former name~~GREEN ~~or former address~~BANKSHARES, ~~if changed since last report)~~ INC.

(Exact name of registrant as specified in its charter)

Tennessee	0-14289	62-12222567
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

100 North Main Street, Greeneville, Tennessee 37743-4992

(Address of principal executive offices) (Zip Code)

(423) 639-5111

(Registrant’s telephone number, including area code)

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:

⃞ 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))

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Item 2.02

Results of Operations and Financial Condition.

On ~~May~~August 78, 2012, Green Bankshares, Inc. (Nasdaq: GRNB) issued a press release announcing its financial results for the quarterly period ended ~~March~~ 31June 30, 2012. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Pursuant to General Instruction B.2 of the Current Report on Form 8-K, the information in this Current Report on Form 8-K, including the press release appearing in Exhibit 99.1, is furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Furthermore, the information in this Current Report on Form 8-K, including the press release appearing in Exhibit 99.1, shall not be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933, as amended.

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits

Exhibit No.		Description of Document
Exhibit 99.1		Press release dated ~~May~~August 78, 2012

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~~SIGNATURES~~ 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.

Date:	May 7, 2012	GREEN BANKSHARES, INC.
Date: August 8, 2012	GREEN BANKSHARES, INC.
	By:	~~By:~~/s/ Christopher G. Marshall	~~/s/ Christopher G. Marshall~~
		Christopher G. Marshall	~~Christopher G. Marshall~~
		Executive Vice President and Chief Financial Officer	~~Executive Vice President and Chief Financial Officer~~

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Exhibit Index

Exhibit No.		Description of Document
Exhibit 99.1		Press release dated ~~May~~August 78, 2012

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