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Exhibit 15
PRICE WATERHOUSE
Report of Independent Accountants
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May 5, 1994
To the Board of Directors and
Shareholders of WesBanco, Inc.
We have reviewed the consolidated balance sheet and the related consolidated
statements of income, changes in shareholders' equity and cash flows of
WesBanco, Inc., and its subsidiaries (the Company) as of March 31, 1994 and
1993, and for the 3-month periods then ended (the consolidated interim
financial information) as presented in the Company's Quarterly Report on
Form 10-Q for the quarter ended March 31, 1994. This consolidated interim
financial information is 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 consolidated interim financial information for it to
be in conformity with generally accepted accounting principles.
We previously audited, in accordance with generally accepted auditing
standards, the consolidated balance sheet as of December 31, 1993, and the
related consolidated statements of income, changes in shareholders' equity
and cash flows for the year then ended (not presented herein), and in our
report dated January 24, 1994 and February 28, 1994, we expressed our
unqualified opinion on those consolidated financial statements. We did not
audit the financial statements of First Fidelity Bancorp, Inc. for 1993, which
statements reflect total assets of $307,965,000 at December 31, 1993. Those
statements were audited by other auditors whose report thereon has been
furnished to us, and our opinion expressed herein, insofar as it relates
to the amounts included for First Fidelity Bancorp, Inc. for 1993, is based
solely on the report of other auditors. In our opinion, the information
set forth in the accompanying consolidated balance sheet information as of
December 31, 1993, is fairly stated in all material respects in relation to
the consolidated balance sheet from which it has been derived.
/s/ Price Waterhouse
600 Grant Street
Pittsburgh, PA 15219
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