Exhibit 16
104 Cranberry Road
Post Office Box 760
Galax, Virginia 24333
276-238-1800
Fax 276-238-1801
November 17, 2006
Office of the Chief Accountant
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentleman:
We have read the statements of Cardinal Bankshares Corporation contained in Form 8-K, Item 4.01 Changes in Registrant’s Certifying Accountant, and we agree with such statements as they relate to Item 4.01 of Form 8-K and all other matters referencing our firm. Further, we consent to the use of this letter as Exhibit 16 to Form 8-K.
Sincerely,
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