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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KStDtm95RZHAY9jW/7AXoGdAcmuaQqga0ilY3dY4JHEwa72bIgEuEPAuzoyfB7hq
 aoJXNYIkuL8//1wHQytZ/w==

<SEC-DOCUMENT>0001181431-10-025175.txt : 20100507
<SEC-HEADER>0001181431-10-025175.hdr.sgml : 20100507
<ACCEPTANCE-DATETIME>20100507154054
ACCESSION NUMBER:		0001181431-10-025175
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100510
FILED AS OF DATE:		20100507
DATE AS OF CHANGE:		20100507

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CARDINAL BANKSHARES CORP
		CENTRAL INDEX KEY:			0001022759
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				541804471
		STATE OF INCORPORATION:			VA

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 215
		CITY:			FLOYD
		STATE:			VA
		ZIP:			24091
		BUSINESS PHONE:		5407454191

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Logue Henry Archie
		CENTRAL INDEX KEY:			0001491442

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28780
		FILM NUMBER:		10812282

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 215
		STREET 2:		101 JACKSONVILLE CIRCLE
		CITY:			FLOYD
		STATE:			VA
		ZIP:			24091
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd274828.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-05-10</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001022759</issuerCik>
        <issuerName>CARDINAL BANKSHARES CORP</issuerName>
        <issuerTradingSymbol>CDBK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001491442</rptOwnerCik>
            <rptOwnerName>Logue Henry Archie</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 215</rptOwnerStreet1>
            <rptOwnerStreet2>101 JACKSONVILLE CIRCLE</rptOwnerStreet2>
            <rptOwnerCity>FLOYD</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>24091</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP/COO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-05-05</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2010-05-10</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>255</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>12.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>255</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>James Alan Dickerson</signatureName>
        <signatureDate>2010-05-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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