UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

^* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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Item 1. Security and Issuer

     This Amendment No. 1 to Schedule 13D (the “Statement”) relates to the common stock, par value $1.00 per share (the “Common Stock”), of American Community Bancshares, Inc. (the “Company”) which is beneficially owned by Marla Braun (the “Reporting Person”). The Company’s principal executive offices are located at 4500 Cameron Valley Parkway, Suite 150, Charlotte, North Carolina 28211.

Item 2. Identity and Background

Item 3. Source and Amount of Funds or Other Consideration

     The Reporting Person beneficially owns 475,862 shares of Common Stock in the following manner: (i) 50,815 shares of Common Stock are held in a brokerage account jointly owned by the Reporting Person and her spouse; (ii) 306,714 shares of Common Stock are held in a brokerage account jointly owned by the Reporting Person and one of her adult children (“Account One”); and (iii) 118,333 shares of Common Stock are held in a brokerage account jointly owned by the Reporting Person and another one of her adult children (“Account Two”). The Reporting Person hereby disclaims beneficial ownership of 5,250 shares of Common Stock owned in her spouse’s IRA. Accordingly, this Statement relates to the Reporting Person’s beneficial ownership of an aggregate of 475,862 shares of Common Stock (the “Shares”), all of which were purchased with personal funds in a series of open market transactions at an average cost of approximately $7.75 per share of Common Stock.

Item 4. Purpose of Transaction

     The Reporting Person intends to treat the Common Stock as an investment and will realize a gain or loss, if any, on the sale of the Shares if sold.

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Item 5. Interest in Securities of the Issuer

     (a) The Reporting Person is the beneficial owner of the Shares. Based upon the Company’s most recent public reports, the Shares represent approximately 6.8% of the total number of outstanding shares of Common Stock.

     (b) The Reporting Person shares voting and dispositive power over the Shares in the following manner: (i) the Reporting Person shares voting and dispositive power over 50,815 shares of Common Stock with her spouse; (ii) the Reporting Person shares voting and dispositive power over 306,714 shares of Common Stock with one of her adult children; and (iii) the Reporting Person shares voting and dispositive power over 118,333 shares of Common Stock with another one of her adult children.

     (c) During the past 60 days, the Reporting Person has not acquired any shares of Common Stock. On April 30, 2005, the Reporting Person exercised warrants to purchase 116,500 shares of Common Stock at $10.50 per share. In addition, the following open market purchases of the Company’s Common Stock were made by the Reporting Person and her spouse and have not been previously reported: (i) 1,000 shares at $11.67 per share on February 20, 2007; (ii) 800 shares at an average price of $12.62 per share; 1,000 shares at $11.32 per share on March 6, 2007; and 3,565 shares at an average price of $12.98 per share. On May 3, 2006, the Reporting Person and one of her adult children purchased 2,600 shares of Common Stock at an average price of $12.40 per share.

     (d) Not Applicable

     (e) Not Applicable

     There are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any other person with respect to any of the Common Stock beneficially owned by the Reporting Person.

     The Reporting Person is filing as Exhibit A a Press Release setting forth a letter dated September 6, 2007 sent to the Company’s Chairman of the Board and Lead Director.

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Signature

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: September 6, 2007

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