Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Douglass Louis J III
 2. Date of Event Requiring Statement (Month/Day/Year)
04/29/2008		 3. Issuer Name and Ticker or Trading Symbol
BUCKHEAD COMMUNITY BANCORP INC [T/C]
(Last)
(First)
(Middle)
C/O BUCKHEAD COMMUNITY BANCORP, INC., 415 EAST PACES FERRY ROAD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Regional Bank President
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ATLANTA, GA 30305		 6. Individual or Joint/Group Filing(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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 9,521
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase common stock   (1) 01/02/2017 Common Stock 667 $ 22.5 D  
Option to purchase common stock 11/30/2005 11/30/2015 Common Stock 1,200 $ 12.5 D  
Option to purchase common stock 12/15/2004 12/15/2014 Common Stock 1,807 $ 5.53 D  
Option to purchase common stock 12/15/2003 12/15/2013 Common Stock 1,529 $ 4.91 D  
Option to purchase common stock 12/15/2002 12/15/2012 Common Stock 1,282 $ 3.92 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Douglass Louis J III
C/O BUCKHEAD COMMUNITY BANCORP, INC.
415 EAST PACES FERRY ROAD
ATLANTA, GA 30305		   X     Regional Bank President  

Signatures

/s/ Louis J. Douglass, II; by Marvin Cosgray as Attorney in Fact 04/28/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) Options vest in three equal annual installments beginning on the first anniversary of the grant date of January 2, 2007. As of the date of this filing, options to purchase 222 shares of common stock have vested and are exercisable.
 
Remarks:
Exhibit 24.1 Limited Power of Attorney

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