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**FORM      10-KSB/A**

**(Amendment      No. 2)**

| x | Annual                report pursuant to Section 13 or 15(d) of the Securities Exchange                Act of                1934 |
|---|-----------------------------------------------------------------------------------------------------------------------------------|

**December      31, 2005**

|  ̈ | Transition                report under Section 13 or 15(d) of the Securities Exchange Act of                1934* * |
|--------|--------------------------------------------------------------------------------------------------------------------------|

**SEASONS      BANCSHARES, INC.**

|   | **Georgia**                                                                   |   | **58-2633700**                                   |   |
|--------|-------------------------------------------------------------------------------|--------|--------------------------------------------------|--------|
|   | (State                or other jurisdiction of incorporation or organization) |   | (IRS                Employer Identification No.) |   |
|   |                                                                          |   |                                             |   |
|   | **336                Blue Ridge Street, Blairsville, GA**                     |   | **30512**                                        |   |
|   | (Address                of Principal Executive Offices)                       |   | (Zip                Code)                        |   |

**None.**

**Common      stock, par value $1.00.**

**$4,566,883**

**$9,224,976      based on 768,748 shares at $12.00 per share.**

**1,032,890      shares as of March 17, 2006**
**.**

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**PART      III**

| **ITEM              10.** | **EXECUTIVE                COMPENSATION** |
|---------------------------|-------------------------------------------|

***Nita      Elliott***

| **ITEM              13.** | **EXHIBITS** |
|---------------------------|--------------|

| 3.1    |   | Articles                of Incorporation(1)                                                                                                                                                                                                 |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                        |
| 3.2    |   | Bylaws(1)                                                                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                        |
| 4.1    |   | Specimen                Common Stock Certificate(1)                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                        |
| 4.2    |   | See                Exhibits 3.1, and 3.2 for provisions of the Articles of Incorporation                and                Bylaws defining rights of holders of the Common Stock                                                            |
|   |   |                                                                                                                                                                                                                                        |
| 10.1   |   | Lease                Option Agreement by and between Seasons Bancshares , Inc. and Elams                Mill                Partners, LLC dated September 1, 2001 (lease option for main office                property)                (1) |
|   |   |                                                                                                                                                                                                                                        |
| 10.2   |   | Form                of Lease Agreement by and between Seasons Bancshares, Inc. and Elams                Mill                Partners, LLC (leasehold for main office property) (1)                                                          |
|   |   |                                                                                                                                                                                                                                        |
| 10.3   |   | Promissory                Note dated July 31, 2001 executed by Seasons Bancshares, Inc. in                favor of Nexity Bank and                form of Commercial Guaranty                (1)                                  |
|   |   |                                                                                                                                                                                                                                        |
| 10.4   |   | Seasons                Bancshares, Inc. 2001 Stock Incentive Plan                (1) (2)                                                                                                                                                    |

----

| 10.5   |   | Form                of Non-Qualified Option and form of an Incentive Stock Option(1)                (2)                                                                                                                                                          |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                             |
| 10.6   |   | Employment                Agreement dated as of October 11, 2001 by and among Seasons Bank,                Seasons                Bancshares, Inc. and David K. George(1)                (2)                                                                     |
|   |   |                                                                                                                                                                                                                                                             |
| 10.7   |   | Employment                Agreement dated as of June 3, 2002 by and among Seasons Bank, Seasons                Bancshares, Inc. and David K. George (replacing the Employment Agreement                at Exhibit 10.6)(2)                (3)               |
|   |   |                                                                                                                                                                                                                                                             |
| 10.8   |   | Amendment                to Option Agreement by and between Seasons Bancshares, Inc. and Elams                Mill                Partners, LLC dated June  5, 2002 (amending the Lease Option                Agreement at Exhibit 10.1)                (3) |
|   |   |                                                                                                                                                                                                                                                             |
| 10.9   |   | Employment                Agreement dated as of September 19, 2005 by and between Seasons Bank                and                William L. Sutton (4)                                                                                                           |
|   |   |                                                                                                                                                                                                                                                             |
| 10.10  |   | Employment                Agreement dated as of October 17, 2002 by and among Seasons Bank,                Seasons Bancshares, Inc. and Nita Elliott                                                                                                        |
|   |   |                                                                                                                                                                                                                                                             |
| 13.1   |   | Seasons                Bancshares, Inc. 2005 Annual Report to Shareholders(5)                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                             |
| 22.1   |   | Subsidiaries                of the Registrant(5)                                                                                                                                                                                                                 |
|   |   |                                                                                                                                                                                                                                                             |
| 24.1   |   | Power                of Attorney (appears on the signature pages to this Annual Report                on Form                10-KSB)                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                             |
| 31.1   |   | Certification                of Principal Executive Officer pursuant to Rule 13a-14(a) of the                Exchange                Act                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                             |
| 31.2   |   | Certification                of Chief Financial Officer pursuant to Rule 13a-14(a) of the Exchange                Act                                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                             |
| 32.1   |   | Certification                of Principal Executive Officer pursuant to 18 U.S.C. Section 1350                as                adopted pursuant to Section 906 of the Sarbanes-Oxley Act of                2002                                                 |
|   |   |                                                                                                                                                                                                                                                             |
| 32.2   |   | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as                adopted                pursuant to Section 906 of the Sarbanes-Oxley Act of                2002                                                     |

|   | (1) | Previously                filed as an exhibit to the Registration Statement on Form SB-2                (Registration No. 333-84142), filed with the SEC on March 12,                2002. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (2) | Indicates                a compensatory plan or contract. |
|--|-----|-----------------------------------------------------------|

|  | (3) | Previously                filed as an exhibit to Amendment No. 1 to the Registration Statement                on Form SB-2 (Registration No. 333-84142), filed with the SEC on                June 10,                2002. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (4) | Previously                filed as an exhibit to the Current Report on Form 8-K (Commission                File No.                000-50713), filed with the SEC on October 6,                2005. |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (5) | Previously                filed as an exhibit to the Annual Report on Form 10-KSB (Commission                File                No. 000-50713), filed with the SEC on March 20,                2006. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SIGNATURES**

|   | SEASONS              BANCSHARES, INC. |
|--------|---------------------------------------|
|   |                                  |   |
|   | By:                                   | /s/                William L. Sutton |
|   |                                  | William                L. Sutton |
|   |                                  | Chief                Executive Officer |
|   |                                  |   |
|   | Date:                                 | May                3, 2006 |

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**EXHIBIT      INDEX**

| ExhibitNumber |   | Exhibit                                                                                                                                                                                                                                                          |
|---------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |   |                                                                                                                                                                                                                                                             |
| 3.1           |   | Articles                of Incorporation(1)                                                                                                                                                                                                                      |
|          |   |                                                                                                                                                                                                                                                             |
| 3.2           |   | Bylaws(1)                                                                                                                                                                                                                                                        |
|          |   |                                                                                                                                                                                                                                                             |
| 4.1           |   | Specimen                Common Stock Certificate(1)                                                                                                                                                                                                              |
|          |   |                                                                                                                                                                                                                                                             |
| 4.2           |   | See                Exhibits 3.1, and 3.2 for provisions of the Articles of Incorporation                and                Bylaws defining rights of holders of the Common Stock                                                                                 |
|          |   |                                                                                                                                                                                                                                                             |
| 10.1          |   | Lease                Option Agreement by and between Seasons Bancshares , Inc. and Elams                Mill                Partners, LLC dated September 1, 2001 (lease option for main office                property)                (1)                      |
|          |   |                                                                                                                                                                                                                                                             |
| 10.2          |   | Form                of Lease Agreement by and between Seasons Bancshares, Inc. and Elams                Mill                Partners, LLC (leasehold for main office property) (1)                                                                               |
|          |   |                                                                                                                                                                                                                                                             |
| 10.3          |   | Promissory                Note dated July 31, 2001 executed by Seasons Bancshares, Inc. in                favor of Nexity Bank and                form of Commercial Guaranty                (1)                                                       |
|          |   |                                                                                                                                                                                                                                                             |
| 10.4          |   | Seasons                Bancshares, Inc. 2001 Stock Incentive Plan                (1) (2)                                                                                                                                                                         |
|          |   |                                                                                                                                                                                                                                                             |
| 10.5          |   | Form                of Non-Qualified Option and form of an Incentive Stock Option(1)                (2)                                                                                                                                                          |
|          |   |                                                                                                                                                                                                                                                             |
| 10.6          |   | Employment                Agreement dated as of October 11, 2001 by and among Seasons Bank,                Seasons                Bancshares, Inc. and David K. George(1)                (2)                                                                     |
|          |   |                                                                                                                                                                                                                                                             |
| 10.7          |   | Employment                Agreement dated as of June 3, 2002 by and among Seasons Bank, Seasons                Bancshares, Inc. and David K. George (replacing the Employment Agreement                at Exhibit 10.6)(2)                (3)               |
|          |   |                                                                                                                                                                                                                                                             |
| 10.8          |   | Amendment                to Option Agreement by and between Seasons Bancshares, Inc. and Elams                Mill                Partners, LLC dated June  5, 2002 (amending the Lease Option                Agreement at Exhibit 10.1)                (3) |
|          |   |                                                                                                                                                                                                                                                             |
| 10.9          |   | Employment                Agreement dated as of September 19, 2005 by and between Seasons Bank                and                William L. Sutton (4)                                                                                                           |
|          |   |                                                                                                                                                                                                                                                             |
| 10.10         |   | Employment                Agreement dated as of October 17, 2002 by and among Seasons                Bank, Seasons Bancshares, Inc. and Nita Elliott                                                                                                   |
|          |   |                                                                                                                                                                                                                                                             |
| 13.1          |   | Seasons                Bancshares, Inc. 2005 Annual Report to Shareholders(5)                                                                                                                                                                                    |
|          |   |                                                                                                                                                                                                                                                             |
| 22.1          |   | Subsidiaries                of the Registrant(5)                                                                                                                                                                                                                 |
|          |   |                                                                                                                                                                                                                                                             |
| 24.1          |   | Power                of Attorney (appears on the signature pages to this Annual Report                on Form                10-KSB)                                                                                                                             |
|          |   |                                                                                                                                                                                                                                                             |
| 31.1          |   | Certification                of Principal Executive Officer pursuant to Rule 13a-14(a) of the                Exchange                Act                                                                                                                         |
|          |   |                                                                                                                                                                                                                                                             |
| 31.2          |   | Certification                of Chief Financial Officer pursuant to Rule 13a-14(a) of the Exchange                Act                                                                                                                                            |
|          |   |                                                                                                                                                                                                                                                             |
| 32.1          |   | Certification                of Principal Executive Officer pursuant to 18 U.S.C. Section 1350                as                adopted pursuant to Section 906 of the Sarbanes-Oxley Act of                2002                                                 |
|          |   |                                                                                                                                                                                                                                                             |
| 32.2          |   | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as                adopted                pursuant to Section 906 of the Sarbanes-Oxley Act of                2002                                                     |

|   | (1) | Previously                filed as an exhibit to the Registration Statement on Form SB-2                (Registration No. 333-84142), filed with the SEC on March 12,                2002. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Indicates                a compensatory plan or contract. |
|--------|-----|-----------------------------------------------------------|

|   | (3) | Previously                filed as an exhibit to Amendment No. 1 to the Registration Statement                on Form SB-2 (Registration No. 333-84142), filed with the SEC on                June 10, 2002. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | Previously                filed as an exhibit to the Current Report on Form 8-K (Commission                File No.                000-50713), filed with the SEC on October 6,                2005. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (5) | Previously                filed as an exhibit to the Annual Report on Form 10-KSB (Commission                File                No. 000-50713), filed with the SEC on March 20,                2006. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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