INDEPENDENT ACCOUNTANT'S REPORT
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Board of Directors
Tri-State 1st Bank, Inc
We have reviewed the accompanying consolidated balance sheet of Tri-State 1st
Bank, Inc. and its consolidated subsidiaries as of June 30, 2000, and the
related consolidated statements of income and cash flows for the three-month
and six-month periods ended June 30, 2000 and 1999, and the consolidated
statement of changes in stockholders' equity for the six-month period ended
June 30, 2000. These consolidated financial statements are the
responsibility of the Company's management.
We conducted our review in accordance with standards established by the
American Institute of Certified Public Accountants. A review of interim
financial information consists principally of applying analytical
procedures to financial data and making inquiries of persons responsible for
financial and accounting matters. It is substantially less in scope than an
audit conducted in accordance with generally accepted auditing standards, the
objective of which is the expression of an opinion regarding the financial
statements taken as a whole. Accordingly, we do not express such an opinion.
Based on our review, we are not aware of any material modifications that
should be made to the accompanying financial statements for them to be in
conformity with generally accepted accounting principles.
We have previously audited, in accordance with generally accepted auditing
standards, the consolidated balance sheet as of December 31, 1999, and the
related consolidated statements of income, changes in stockholders' equity and
cash flows for the year then ended (not presented herein); and in our report
dated January 7, 2000, we expressed an unqualified opinion on those
consolidated financial statements. In our opinion, the information set forth
in the accompanying consolidated balance sheet as of December 31, 1999, is
fairly stated in all material respects.
/s/S.R. Snodgrass, A.C.
Wexford, PA
August 10, 2000
S.R. Snodgrass, A.C.
1000 Stonewood Drive
Suite 200
Wexford, PA 15090-8399
Phone: 724-934-0344
Facsimile: 724-934-0345
