Securities and Exchange Commission Mail Stop 9-5 450 5th Street, N.W. Washington, D.C. 20549 Dear Sirs/Madams: We have read and agree with the comments in Item 4 of Form 8-K of SDN Bancorp dated December 11, 1995. Yours truly, Deloitte & Touch, LLP /s/ Deloitte & Touch. LLP