================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): January 23, 2007 Wake Forest Bancshares, Inc. (Exact name of registrant as specified in its charter) United States 000-25999 56-2131079 ------------- --------- ---------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 302 South Brooks Street, Wake Forest, North Carolina 27587 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 919-556-5146 Not Applicable (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 provision (See General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(C) under the Exchange Act (17 CFR 240.13e-4(c)) ================================================================================ Item 2.02 Results of Operations and Financial Condition On January 23, 2007, Wake Forest Bancshares, Inc. announced earnings for its quarter ended December 31, 2006. A copy of the press release dated January 23, 2007, describing its quarter end earnings is attached as Exhibit 99.1. Item 9.01 Financial Statements and Exhibits (c) The following exhibit is furnished with this Report: Exhibit No. Description ----------- ----------- 99.1 Press release issued by Wake Forest Bancshares, Inc. on January 23, 2007. 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. WAKE FOREST BANCSHARES, INC. By: s/s Robert C. White ---------------------- Name: Robert C. White Title: President, Chief Executive Officer and Chief Financial Officer Date: January 23, 2007 EXHIBIT INDEX Exhibit No. Description ----------- ----------- 99.1 Press Release dated January 23, 2007.