UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(dD) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~January~~February 1318, 2010

CRESCENT BANKING COMPANY

(Exact name of registrant as specified in its charter)

Georgia	0-20251	58-1968323
(State or other jurisdiction of incorporation)	(Commission File Number)	((IRS Employer Identification No.)
7 Caring Way, Jasper, Georgia		30143
(Address of principal executive offices)		(Zip Code)

7 Caring Way, Jasper, Georgia		30143
(Address of principal executive offices)		(Zip Code)

(678) 454-2266

(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

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

¨	Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act

Item 35.0102. ~~Notice~~Departure of ~~Delisting~~Directors or ~~Failure~~Certain toOfficers; ~~Satisfy~~Election aof ~~Continued~~Directors; ~~Listing~~Appointment ~~Rule~~of orCertain ~~Standard~~Officers; ~~Transfer~~Compensatory Arrangements of ~~Listing~~Certain Officers.

On ~~January~~February 2018, 2010, ~~Crescent Banking Company (~~the ~~“Company”)~~Board ~~issued~~of aDirectors ~~press release~~ (the “~~Press Release~~Board”), ~~as required by the Nasdaq Marketplace Rules, announcing that the Company received a letter from the Nasdaq Listing Qualifications Department~~ of ~~The~~Crescent ~~Nasdaq~~Banking ~~Stock Market on January 13, 2010, notifying the~~ Company ~~of its failure to comply with Nasdaq Marketplace Rule 5550~~(~~a)(2) (~~the “~~Bid Price Rule~~Company”), ~~which~~elected ~~requires~~C. ~~listed~~Parke ~~securities~~Day toand ~~maintain~~Ryker aJ. ~~minimum~~Lowe ~~bid~~to ~~price~~the ~~of $1~~Board.00 ~~per share~~Messrs. ~~The~~Day ~~Company’s~~and ~~common~~Lowe ~~stock~~will ~~has~~serve ~~closed~~as ~~below~~Class ~~the~~III ~~minimum~~directors ~~$1.00~~until ~~per~~their ~~share~~terms ~~requirement~~expire ~~for~~at the ~~last 30~~2010 ~~consecutive~~annual ~~business~~shareholders ~~days. There~~meeting, isat nowhich ~~change~~time inthey ~~the~~will ~~trading~~stand offor ~~the~~reelection by the Company’s ~~common~~shareholders. ~~stock on~~ The ~~NASDAQ Capital Market at this time. In accordance with Nasdaq Marketplace Rule 5810(c)(3)(A), the~~ Company has anot ~~grace~~yet ~~period~~appointed ofMessrs. ~~180 calendar~~Day ~~days,~~ or ~~until~~Lowe ~~July 12, 2010,~~ to ~~regain~~any ~~compliance~~Board ~~with the Bid Price Rule~~committees.

~~The Company intends to actively~~Neither ~~monitor~~Mr. Day ~~the~~nor ~~bid~~Mr. Lowe ~~price~~has ~~for~~any ~~its~~related ~~common~~persons ~~stock,~~transactions ~~and will consider various options to resolve the deficiency and comply~~ with the ~~Bid Price Rule~~Company.

Pursuant to General Instruction F to the Securities and Exchange Commission’s Form 8-K (“General Instruction F”), a copy of the Press Release is attached to this Report on Form 8-K as Exhibit 99.1 and is incorporated into this Item 3.01 by this reference. The information contained in this Item 3.01, including the related information set forth in the Press Release attached hereto and incorporated by reference herein, is being “furnished” and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in this Item 3.01 shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or into any document filed pursuant to the Exchange Act, except as otherwise expressly stated by the Company in any such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release issued by Crescent Banking Company on January 20, 2010.*

* Furnished electronically as an exhibit to this Report. As further described in Item 3.01 of this Report, this exhibit is being “furnished” and not “filed” with this Report.

SIGNATURE

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.


CRESCENT BANKING COMPANY

By:		/S/ J. DONALD BOGGUS, JR.
		J. Donald Boggus, Jr.
		President and Chief Executive Officer

Date: ~~January~~February 2023, 2010

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press release issued by Crescent Banking Company on January 20, 2010.*

* Furnished electronically as an exhibit to this Report. As further described in Item 3.01 of this Report, this exhibit is being “furnished” and not “filed” with this Report.

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