Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
HANCOCK CHARLES E
2. Issuer Name and Ticker or Trading Symbol
THOMASVILLE BANCSHARES INC [THVB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

920 BLACKSHEAR STREET
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2005
(Street)


THOMASVILLE, GA 31792
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock   12/31/2002   A(1) 290 (2)     (7)   (7) Common Stock, $1.00 par value
290
$ 0 0
D
 
Phantom Stock   12/31/2003   A(1) 400 (3)     (7)   (7) Common Stock, $1.00 par value
400
$ 0 0
D
 
Phantom Stock   12/31/2004   A(1) 760 (4)     (7)   (7) Common Stock, $1.00 par value
760
$ 0 0
D
 
Phantom Stock   12/31/2005   A(1) 566 (5)     (7)   (7) Common Stock, $1.00 par value
566
$ 0 5,346 (6)
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HANCOCK CHARLES E
920 BLACKSHEAR STREET
THOMASVILLE, GA 31792
  X      

Signatures

/s/ Robert C. Schwartz, Pursuant to a Power of Attorney 08/30/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Pursuant to General Instruction 8 to Form 5, the transaction code should be 'A5.'
(2) Represents securities acquired by the reporting person at various dates during 2002 pursuant to the Issuer's Director's Compensation Program.
(3) Represents securities acquired by the reporting person at various dates during 2003 pursuant to the Issuer's Director's Compensation Program.
(4) Represents securities acquired by the reporting person at various dates during 2004 pursuant to the Issuer's Director's Compensation Program.
(5) Represents securities acquired by the reporting person at various dates during 2005 pursuant to the Issuer's Director's Compensation Program.
(6) The number of derivative securities beneficially owned reflects a two-for-one stock split on 07/15/2004.
(7) Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.
 
Remarks:
This Form 5 also serves as the Statement for Issuer's Fiscal Years Ended 12/31/2004, 12/31/2003 and 12/31/2002.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.