----

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| x      | ANNUAL      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|--------|------------------------------------------------------------------------------------------------|
|   | For      the Fiscal Year Ended December 31,2008                                                |

| o      | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|--------|----------------------------------------------------------------------------------------------------|
|   | For      the transition period from ___________________ to      ______________________             |

| United States                                                       |   | 74-3164710                                |
|---------------------------------------------------------------------|--------|-------------------------------------------|
| (State      or Other Jurisdiction of Incorporation or Organization) |   | (I.R.S.      Employer Identification No.) |
|                                                                |   |                                      |
|                                                                |   |                                      |
| 45 South Main Street, Fairport, New      York                       |   | 14450                                     |
| (Address      of Principal Executive Offices)                       |   | (Zip      Code)                           |

|           | Name      of Each Exchange |
|----------------|----------------------------|
| Title of Class | On Which  Registered       |

| YES      o | NO      x. |
|------------|------------|

| YES      o |  NO      x. |
|------------|------------------|

| (1)    | YES      x | NO      o |
|--------|------------|-----------|
|   |       |      |
| (2)    | YES      x | NO      o |

|   | Large      accelerated filer | o | Accelerated      filer         | o |
|--------|------------------------------|---|--------------------------------|---|
|   | Non-accelerated      filer   | o | Smaller      reporting company | x |

| YES      o | NO      x |
|------------|-----------|

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| 1. | Proxy      Statement for the 2009 Annual Meeting of Stockholders (Parts II and      III). |
|----|-------------------------------------------------------------------------------------------|
| 2. | Annual      Report to Shareholders for the year ended December 31, 2008 (Part      II).   |

----

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|   | 3.1    | Charter      of FSB Community Bankshares, Inc. (1)                                                                                      |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                    |
|   | 3.2    | Bylaws      of FSB Community Bankshares, Inc. (1)                                                                                       |
|   |   |                                                                                                                                    |
|   | 4      | Form      of common stock certificate of FSB Community Bankshares, Inc. (1)                                                             |
|   |   |                                                                                                                                    |
|   | 10.1   | Amended      and Restated Employment Agreement of Dana C. Gavenda (2)                                                                   |
|   |   |                                                                                                                                    |
|   | 10.2   | Supplemental      Executive Retirement Plan (1)                                                                                         |
|   |   |                                                                                                                                    |
|   | 10.3   | Employee      Stock Ownership Plan (1)                                                                                                  |
|   |   |                                                                                                                                    |
|   | 13     | Portions      of Annual Report to Shareholders                                                                                          |
|   |   |                                                                                                                                    |
|   | 14     | Code      of Ethics (3)                                                                                                                 |
|   |   |                                                                                                                                    |
|   | 16     | Change      in Auditors Letter                                                                                                          |
|   |   |                                                                                                                                    |
|   | 21     | Subsidiaries      of the Registrant                                                                                                     |
|   |   |                                                                                                                                    |
|   | 31.1   | Certification      of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley      Act of 2002                            |
|   |   |                                                                                                                                    |
|   | 31.2   | Certification      of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley      Act of 2002                            |
|   |   |                                                                                                                                    |
|   | 32     | Certification      of Chief Executive Officer and Chief Financial Officer pursuant to Section      906 of the Sarbanes-Oxley Act of2002 |

| (1) | Incorporated      by reference to the Registration Statement on Form SB-2 of FSB Community      Bankshares, Inc. (File No. 333-141380), originally filed with the      Securities and Exchange Commission on March 16, 2007. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Incorporated      by reference to the Registrant’s Current Report on Form 8-K filed with the      Securities and Exchange Commission on September 25,  2008.                                                           |
| (3) | Available      on our website at www.fairportsavingsbank.com.                                                                                                                                                                |

----

|                      |   | FSB      Community Bankshares, Inc. |   |
|---------------------------|--------|-------------------------------------|--------|
|                      |   |                                |   |
|                      |   |                                |   |
|                      |   |                                |   |
| Date:      April 13, 2009 | By:    | /s/ Dana C. Gavenda                 |   |
|                      |   | Dana      C. Gavenda, President and |   |
|                      |   | Chief      Executive Officer        |   |

| By:                       | /s/ Dana C. Gavenda                               |                      | By:                  |  /s/ Thomas J. Hanss    |   |
|---------------------------|---------------------------------------------------|---------------------------|----------------------|------------------------------|--------|
|                      | Dana      C. Gavenda, President, and Chief        |                      | Thomas      J. Hanss |                         |
|                      | Executive      Officer                            |                      |                 | Chairman      of the Board   |   |
|                      | (Principal      Executive Officer)                |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
| Date:      April 13, 2009 |                                              | Date:      April 13, 2009 |                 |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
| By:                       | /s/ Kevin D. Maroney                              |                      | By:                  | /s/ Gary Lindsay             |   |
|                      | Kevin      D. Maroney, Executive Vice President   |                      | Gary      Lindsay    |                         |
|                      | and      Chief Financial Officer                  |                      |                 | Director                     |   |
|                      | (Principal      Financial and Accounting Officer) |                      |                 |                         |
|                      |                                              |                      |                 |                         |   |
| Date:      April 13, 2009 |                                              | Date:      April 13, 2009 |                 |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
| By:                       | /s/ Terence O’Neil                          |                      | By:                  | /s/ Alicia H. Pender         |   |
|                      | Terence      O’Neil                         |                      |                 | Alicia      H. Pender        |   |
|                      | Vice      Chairman of the Board                   |                      |                 | Director                     |   |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
| Date:      April 13, 2009 |                                              | Date:      April 13, 2009 |                 |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
| By:                       | /s/ James E. Smith                                |                      | By:                  | /s/ Lowell T.      Twitchell |   |
|                      | James      E. Smith                               |                      |                 | Lowell      T. Twitchell     |   |
|                      | Director                                          |                      |                 | Director                     |   |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
| Date:      April 13, 2009 |                                              | Date:      April 13, 2009 |                 |
|                      |                                              |                      |                 |                         |   |
|                      |                                              |                      |                 |                         |   |
| By:                       | /s/ Robert W. Sturn                               |                      | By:                  | /s/ Charis W. Warshof        |   |
|                      | Robert      W. Sturn                              |                      |                 | Charis      W. Warshof       |   |
|                      | Director                                          |                      |                 | Director                     |   |
|                      |                                              |                      |                 |                         |   |
| Date:      April 13, 2009 |                                              | Date:      April 13, 2009 |                 |