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 (Date of Earliest Event Reported):
October 18, 1999 (October 13, 1999)
Belmont Bancorp
(Exact Name of Registrant as Specified in its Charter)
Ohio
(State or Other Jurisdiction of Incorporation)
0-12724 34-1376776
(Commission File Number) (I.R.S. Employer Identification No.)
325 Main Street, Bridgeport, Ohio 43912
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (740) 695-3323
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Item 4. Change in Registrant's Certifying Accountant
Dismissal of S.R. Snodgrass A.C.
On October 13, 1999, Belmont Bancorp (the "Registrant") dismissed S.R.
Snodgrass A.C. ("Snodgrass") as its independent accountants. The decision to
change independent accountants was approved by the Registrant's Board of
Directors, and has been reported to the Federal Reserve Bank and the Office of
the Comptroller of the Currency.
During the two most recent fiscal years and through the date hereof, there
have been no disagreements with Snodgrass on any matter of accounting principles
or practices, financial statement disclosure or auditing scope or procedures,
which disagreements, if not resolved to the satisfaction of Snodgrass, would
have caused them to make reference in their report on the financial statements
for such years, or any "reportable events" within the meaning of Item
304(a)(1)(iv) of Regulation S-K.
Snodgrass'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.
The Registrant has provided Snodgrass with a copy of this disclosure and
has requested that Snodgrass furnish them with a letter addressed to the
Securities and Exchange Commission (the "SEC") stating whether it agrees with
the above statements. In response, Snodgrass forwarded a letter to the
Registrant, with a copy to the Office of the Chief Accountant of the SEC, that
acknowledges the client-auditor relationship has ceased; however, this letter is
silent on whether or not it agrees with the above statements. A copy of
Snodgrass's letter to the SEC, dated October 14, 1999, is filed as Exhibit 16 to
this Current Report on Form 8-K.
Appointment of Crowe Chizek, LLP
Effective October 13, 1999, the Company appointed Crowe Chizek, LLP to
serve as its independent auditors.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
16. Letter re: change in certifying accountant
2.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Belmont Bancorp
(Registrant)
Date: October 18, 1999 By /s/ David G. Brewick
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David G. Brewick, Interim President
3.
Exhibit 16
October 14, 1999
Mr. David Brewick, President
Belmont Bancorp
P.O. Box 249
St. Clairsville, Ohio 43950
Dear Mr. Brewick:
In accordance with the requirements of the Securities and Exchange Commission
Practice Section of the American Institute of CPA's Division for CPA Firms, we
hereby acknowledge that the client-auditor relationship between Belmont Bancorp
and S. R. Snodgrass, A.C. has ceased effective with your communication to us of
October 13, 1999.
Sincerely,
S. R. SNODGRASS, A.C.
Certified Public Accountants
Michael A. Zeno, CPA
Principal
MAZ:mag
Copy: Office of the Chief Accountant, U.S. Securities and Exchange Commission
S. R. Snodgrass A.C.
4.
