AMERICAN NATIONAL BANKSHARES INC
8-K, 1999-06-30
NATIONAL COMMERCIAL BANKS
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                       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 June 30, 1999

                        AMERICAN NATIONAL BANKSHARES INC.
             (Exact name of registrant as specified in its charter)

         Virginia                  0-12820                   54-1284688
- ----------------------------     -------------            -------------------
(State or other jurisdiction     (Commission              (IRS Employer
    of incorporation)             File Number)            Identification No.)

         628 Main Street
- ----------------------------------------
         Danville, Virginia                                  24541
- ----------------------------------------                  ----------
(Address of principal executive offices)                  (Zip Code)

                                 (804)-792-5111
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


ITEM 5.  OTHER EVENTS

On June 15, 1999, the Board of Directors of American  National  Bankshares  Inc.
voted to  authorize a 2 for 1 stock split  effected in the form of a 100 percent
stock  dividend.   The  dividend  will  be  distributed  on  July  15,  1999  to
shareholders of record July 1, 1999.

NASDAQ has determined that the  corporation's  shares of common stock will trade
ex-dividend on July 16, 1999.

                                   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.



                                       American National Bankshares Inc.


Date - June 30, 1999                   By:  /s/ T. Allen Liles
                                            -------------------------
                                            Senior Vice-President and
                                            Secretary-Treasurer


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