SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) October 4, 2000
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Essex Bancorp, Inc.
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Exact name of registrant as specified in its charter
Delaware 1-10506 54-1721085
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Interstate Corporate Center
Building 9, Suite 200
Norfolk, Virginia 23502
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Address of principal executive offices Zip Code
Registrant's telephone number, including area code (757) 893-1300
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(Former name or former address, if changed since last report.)
Item 4. Changes in Registrant's Certifying Accountants
On October 4, 2000, Essex Bancorp, Inc. ("Registrant") dismissed
PricewaterhouseCoopers LLP as its independent accountants and engaged KPMG LLP
as the Registrant's certifying accountants. The Registrant's audit committee of
the board of directors participated in and approved the decision to change
accountants.
In connection with its audits for the two fiscal years ended December 31, 1999,
and the subsequent interim period through October 4, 2000, there have been no
disagreements with PricewaterhouseCoopers LLP on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope of
procedure, which disagreements if not resolved to the satisfaction of
PricewaterhouseCoopers LLP would have caused them to make reference thereto in
their report on the financial statements for such years. The reports of
PricewaterhouseCoopers LLP on the consolidated financial statements of the
Registrant as of and for the years ended December 31, 1999 and 1998 contained no
adverse opinion or disclaimer of opinion and were not qualified or modified as
to uncertainty, audit scope or accounting principle.
The Registrant requested that PricewaterhouseCoopers LLP furnish it with a
letter addressed to the SEC stating whether or not it agrees with the above
statements. A copy of such letter, dated October 10, 2000, is filed as Exhibit
16 to this Form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
Essex Bancorp, Inc.
October 10, 2000 By: /s/ Gene D. Ross
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(Date) Gene D. Ross
Chairman, President and
Chief Executive Officer