BANK HOLDINGS
EX-10.3
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<P align="center" style="font-size: 10pt"><FONT style="font-size: 14pt"><B>Nevada Security Bank<BR>
Employment Agreement Addendum Number One<BR>
For<BR>
Jack Buchold</B></FONT>



<P align="left" style="font-size: 14pt"><FONT style="font-size: 12pt"><B>An employment agreement dated September&nbsp;15, 2005 by and between Jack Buchold and Nevada
Security Bank is hereby amended as follows:</B>
</FONT>


<P align="left" style="margin-left:8%; font-size: 12pt; text-indent: 4%"><B>4. </B><U><B>EXECUTIVE BENEFITS: </B></U>



<P align="left" style="margin-left:8%; font-size: 12pt; text-indent: 4%"><B>4.7 </B><U><B>Long-Term Care Insurance:</B></U> The Bank shall purchase, for Executive or
Executive&#146;s spouse, qualified long-term care insurance (as defined in Internal Revenue Code
(Code) section 7702B(b)), from an insurance company selected by the Bank, with an annual
premium of up to four thousand dollars ($4,000). Pursuant to Code section 106, the cost of
such coverage shall be excluded from Executive&#146;s gross income. Executive may purchase, at
his own expense, long-term care insurance for his spouse or additional coverage for
himself. In the event that the insurance company determines that the Executive <B><I>or
Executive&#146;s spouse </I></B>does not qualify for long-term care insurance, in lieu of such coverage,
the Bank shall pay the Executive additional cash wages in the amount of $4,000 per year,
payable in equal monthly installments. The Executive shall not have the opportunity to
elect to receive cash in lieu of the long-term care insurance. The Bank reserves the right
to terminate the qualified long-term care insurance, at any time, upon 30&nbsp;days prior
written notice to Executive. In the event that the Bank terminates such insurance, the
Executive shall not be entitled to receive the cash value of any unpaid premium(s).&#148;


<P align="left" style="font-size: 12pt">IN WITNESS WHEREOF the parties have executed this Addendum to the Employment Agreement effective
November&nbsp;14, 2005<B>.</B>


<P align="left" style="font-size: 12pt">Nevada Security Bank
<BR>
By:

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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>/s/Hal Giomi<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
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    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>/s/ Jack Buchold<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
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    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Hal Giomi
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    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Jack Buchold</TD>
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<P align="left" style="font-size: 12pt">Chief Executive Officer



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