YADKIN VALLEY COMPANY
Post Office Box 18747
Raleigh, North Carolina 27619
919-716-2266
September 8, 2005
Mr. Jim B. Rosenberg
Senior Assistant Chief Accountant
United States Securities and Exchange Commission
100 F Street, N. E.
Washington, DC 20549
| Re: | Yadkin Valley Company |
| Form 10-KSB for Fiscal Year Ended December 31, 2004 |
| Form 10-QSB for Fiscal Quarters Ended |
| March 31, 2005 and June 30, 2005 |
| File No: 0-28356 |
Dear Mr. Rosenberg:
This letter is in response to your letter of August 24, 2005, regarding the above-reference reports filed by Yadkin Valley Company (the “Company”).
The Company intends to amend each of its referenced reports in accordance with the staff’s comments and is proceeding with the preparation of revised disclosures. However, because the Company changed independent accountants during 2004, accomplishing those amendments will involve the review and concurrence of two different accounting firms with respect to the periods during which they served as our accountants. Therefore, the Company is not able to respond within the ten-business day period specified in your letter. We expect to file the amended reports on or before the November 14, 2005, filing date of our September 30, 2005, Form 10-QSB.
Please contact us at your earliest convenience if the above is not satisfactory or if you desire additional information.
Sincerely, |
| /s/ DAVID S. PERRY |
David S. Perry President |
