UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

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CARDINAL BANKSHARES CORPORATION

(Name of Registrant as Specified in Its Charter)

SCHALLER EQUITY PARTNERS, A NORTH CAROLINA LIMITED PARTNERSHIP

SCHALLER EQUITY MANAGEMENT, INC.

SCHALLER INVESTMENT GROUP INCORPORATED

COALITION PROXY HOLDING AND VOTING SPV, INC.

DOUGLAS E. SCHALLER

T. MAUYER GALLIMORE

BOBBY L. GARDNER, SR.

JOHN PAUL HOUSTON

CAROL S. JARRATT

R. DEVEREUX JARRATT

JAMES W. SHORTT

JOHN MICHAEL TURMAN

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Invitation Reception Hosted by the Coalition to Improve the Bank of Floyd & Its Board Nominees Date: Tuesday, May 15, 2012 Time: 4 P.M. until 6 P.M. Location: The Pine Tavern, Floyd, VA You and your guest are cordially invited to be our guests at a reception to meet the members of the Coalition to Improve the Bank of Floyd and its Board Nominees. We hope you can join us for heavy hors d’oeuvres. We look forward to getting together with you and your guest. R.S.V.P. johnpaulhouston@gmail.com or telephone 540 745-3574