CENTRAL BANCORPORATION /WA/
8-K, 1995-08-30
STATE COMMERCIAL BANKS
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to section 13 or 15(d) of the
                        Securities Exchange Act of 1934




                         Date of Report August 23, 1995
                                        ---------------



                            CENTRAL BANCORPORATION
             (Exact name of Registrant as specified in its charter)


        Washington                       0-16356            91-1203145 
   (State or other jurisdiction of     (Commission   (IRS Employer incorporation
     or organization)                  File Number)       Identification No.)



      301 North Chelan, Wenatchee, Washington                      98801       
      (Address of principal executive offices)                  (Zip Code)


Registrant's telephone number, including area code              509-663-0733   



(Former name or former address, if changed since last report)  Not applicable
                                                               --------------
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                             CENTRAL BANCORPORATION

                               REPORT ON FORM 8-K

Item 4.  Changes in Registrant's Certifying Accountant

         a)      At a board meeting on August 23, 1995, the Board of Directors
         of Central Bancorporation ("Bancorp") engaged the accounting firm of
         Deloitte & Touche LLP as independent accountants for the Registrant.
         At that time, the Board determined not to retain the services of KPMG
         Peat Marwick LLP to perform the 1995 audit.

         b)      During the two most recent fiscal years and interim period
         prior to August 23, 1995, there have been no disagreements with KPMG
         Peat Marwick LLP on any matter of accounting principles or practices,
         financial statement disclosure, or auditing scope or procedure or any
         reportable events.

         c)      KPMG Peat Marwick LLP's report on the financial statements for
         the past two years contained no adverse opinion or disclaimer of
         opinion and was not qualified or modified as to uncertainty, audit
         scope or accounting principles.

         d)      The Registrant requested that KPMG Peat Marwick LLP furnish it
         with a letter addressed to the SEC, stating whether or not it agrees
         with the statements made by the Registrant in response to this Item 4
         and, if not, stating the respects in which it does not agree.  The
         Registrant delivered a copy of the Form 8-K report to KPMG Peat
         Marwick LLP on August 24, 1995.  A copy of the letter from KPMG Peat
         Marwick addressed to the SEC as required by Item 304(a)(3) of
         Regulation S-B is filed as an exhibit to the Form 8-K report.
                                   * * * * *

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

         (a)     Financial statements - not applicable

         (b)     Pro forma financial information - not applicable

         (c)     Exhibits

                 (16)     Letter from KPMG Peat Marwick LLP.






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                                   SIGNATURES




         Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized in the City of Wenatchee, State of
Washington.

                                            CENTRAL BANCORPORATION
                                            (Registrant)



                                            By  /s/ Joseph E. Riordan           
                                               ---------------------------------
                                               Joseph E. Riordan
                                               Treasurer and Assistant Secretary
DATED:  August 30, 1995





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                                                        EXHIBIT 16


August 30, 1995


Securities and Exchange Commmission
Washington, D.C.  20549

Ladies and Gentlemen:

We were previously principal accountants for Central Bancorporation and, under
the date of January 20, 1995, we reported on the consolidated financial
statements of Central Bancorporation and subsidiaries as of and for the years
ended December 31, 1994 and 1993.  On August 23, 1995, our appointment as       
principal accountants was terminated.  We have read Central Bancorporation's
statements included under Item 4 of its Form 8-K dated August 23, 1995, and we
agree with such statements except that we are not in a position to agree or
disagree with Central Bancorporation's statement that the Board of Directors of
Central Bancorporation engaged the accounting firm of Deloitte & Touche LLP as  
independent accountants.

Very truly yours,

/s/ KPMG Peat Marwick



cc: Steve Klein, Graham & Dunn



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