EXHIBIT 99       
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PEOPLES BANCORP INC. ANNUAL REPORT ON FORM 10-K
FOR FISCAL YEAR ENDED DECEMBER 31, 1995


To the Stockholders and Board of Directors of Peoples Bancorp Inc.

   We have audited the accompanying consolidated balance sheet of
Peoples Bancorp Inc. and Subsidiaries as of December 31, 1994
and the consolidated statements of income, stockholders' equity,
and cash flows for the years ended December 31, 1994 and 1993. 
These financial statements are the responsibility of the
Company's management.  Our responsibility is to express an
opinion on these financial statements based on our audits.

   We conducted our audits in accordance with generally accepted
auditing standards.  Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement.  An
audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An
audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating
the overall financial statement presentation.  We believe that
our audits provide a reasonable basis for our opinion.

   In our opinion, the financial statements referred to above
present fairly, in all material respects, the consolidated
financial position of Peoples Bancorp Inc. and Subsidiaries as
of December 31, 1994 and the consolidated results of their
operations and their cash flows for the years ended December 31,
1994 and 1993 in conformity with generally accepted accounting
principles.

As discussed in Note 3 to the consolidated financial statements,
the Corporation changed its method of accounting for investment
securities in 1994.  As discussed in Notes 10 and 11, the
Corporation changed its methods of accounting for postretirement
benefits other than pensions and income taxes in 1993.


                                 /s/ COOPERS & LYBRAND L.L.P.
                                 Coopers & Lybrand L.L.P.


Columbus, Ohio
January 26, 1996