INDEPENDENT ACCOUNTANT'S REPORT
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Board of Directors and Stockholders
Dimeco, Inc.
We have reviewed the accompanying consolidated balance sheet of Dimeco, Inc.
and subsidiary as of June 30, 2000, and the related consolidated statement of
income for the three- and six-month period ended June 30, 2000 and 1999, and
the consolidated statement of cash flows for the 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 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 February 11, 2000 we expressed an unqualified opinion on those
consolidated financial statements.
Wexford, PA
July 26, 2000
S.R. Snodgrass, A.C.
1000 Stonewood Drive
Suite 200
Wexford, PA 15090
Phone: 724-934-0344
Facsimile: 724-934-0345
