SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES ACT OF 1934
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Date of Report (Date of Earliest Event Reported): May 30, 2000
NATIONAL BANKSHARES, INC.
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(Exact name of Registrant as specified in its charter)
Virginia 0-15204 54-1375874
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation )
P.O. Box 90002
Blacksburg, Virginia 24062-9002
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (540) 951-6300
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On June 2, 2000, the Registrant filed a Current Report on Form 8-K
dated May 30, 2000, to report a change in its certifying accountant from
KPMG LLP to Yount Hyde & Barbour, P.C. The Registrant provided KPMG LLP
with that Form 8-K and requested that KPMG LLP furnish a letter addressed
to the Securities and Exchange Commission stating whether it agrees with
the statements made in the Form 8-K. The letter from KPMG LLP responding
to the request is included as Exhibit 16.1 to this Form 8-K/A.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 16.1 Letter from KPMG LLP.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
NATIONAL BANKSHARES, INC.
By: /s/James G. Rakes
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James G. Rakes
Chairman
President & CEO
June 9, 2000
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EXHIBIT 16.1
June 5, 2000
Securities and Exchange Commission
Washington, DC 20549
Ladies and Gentlemen:
We were previously principal accountants for National Bankshares, Inc. and,
under the date of February 11, 2000, we reported on the consolidated
financial statements of National Bankshares, Inc. and subsidiaries as of
and for the years ended December 31, 1999 and 1998. On May 30, 2000, our
appointment as principal accountants was terminated. We have read National
Bankshares, Inc.'s statements included under Item 4 of its Form 8-K dated
May 30, 2000, and we agree with such statements, except that we are not in
a position to agree or disagree with National Bankshares, Inc.'s statement
that the change was made pursuant to authority granted to the chairman,
president and chief executive officer in a motion passed by National
Bankshares, Inc.'s board of directors on May 10, 2000.
Very truly yours,
/s/ KPMG LLP
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