George Mason Bankshares has filed a preliminary prospectus with the Securities and Exchange Commission to raise as much as $10 million in a secondary offering of stock.

The Fairfax, Va.-based bank, with $335 million in assets, will use $2 million of the procEeds to acquire or open as many as five branches. A million dollars would be used to purchase equity in the Federal Home Loan Bank of Atlanta, and another $1 million to expand the bank's residential mortgage portfolio.

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