SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
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 1, 1998
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UNITED BANKSHARES, INC.
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(Exact name of registrant as specified in its charter)
WEST VIRGINIA 0-13322 55-0641179
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File No.) Identification No.)
300 UNITED CENTER
500 VIRGINIA STREET, EAST
CHARLESTON, WEST VIRGINIA 25301
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(Address of principal executive offices) Zip Code
(304) 424-8761
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(Registrant's telephone number, including area code)
NOT APPLICABLE
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(Former name or address, if changed since last report)
ITEM 5. OTHER EVENTS
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On October 1, 1998, United Bankshares, Inc. ("United") consummated its
merger with Fed One Bancorp, Inc., Wheeling, West Virginia ("Fed One"), in a
common stock exchange accounted for under the pooling of interests method of
accounting. United exchanged 1.50 shares of United common stock for each of the
2,629,538 common shares of Fed One or approximately 3,944,307 shares, unadjusted
for cash paid in lieu of fractional shares. A copy of the capsule financial
information reporting thirty days post-merger combined results of United and Fed
One is filed as Exhibit 99.1 to this report.
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
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(c) Exhibits
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99.1 Capsule financial information dated December 1, 1998, reporting
United's earnings for the one month and ten months ended October 31,
1998.
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SIGNATURES
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Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
UNITED BANKSHARES, INC.
Date December 1, 1998 By /s/ Steven E. Wilson
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Steven E. Wilson
Its Executive Vice President,
Secretary and Chief Financial Officer
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