EXHIBIT 99
INDEPENDENT ACCOUNTANT'S REPORT
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Board of Directors and Stockholders
WSB Holding Company
We have reviewed the accompanying consolidated balance sheet of WSB Holding
Company and subsidiaries as of September 30, 2000, and the related consolidated
statements of income and cash flows for the three-month period ended September
30, 2000 and 1999, and the consolidated statement of changes in stockholders'
equity for the three-month period ended September 30, 2000. These consolidated
financial statements are 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 accompanying financial statements for them to be in conformity
with generally accepted accounting principles.
We have previously audited, in accordance with generally accepted auditing
standards, the consolidated balance sheet as of June 30, 2000, and the related
consolidated statements of income, changes in stockholders' equity and cash
flows for the year then ended (not presented herein); and in our report dated
July 27, 2000 we expressed an unqualified opinion on those consolidated
financial statements. In our opinion, the information set forth in the
accompanying consolidated balance sheet as of June 30, 2000, is fairly stated,
in all material respects.
/s/S.R. Snodgrass, A.C.
Wexford, PA
November 9, 2000
S.R. Snodgrass, A.C.
1000 Stonewood Drive
Suite 200 Wexford, PA 15090-8399 Phone: 724-934-0344 Facsimile: 724-934-0345