UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): November 15, 2001
Washington Banking Company
(Exact name of registrant as specified in its charter)
Washington
(State or other jurisdiction of incorporation)
000-24503 91-1725825
(Commission File Number) (IRS Employer Identification No.)
450 Bayshore Drive
Oak Harbor, WA 98277
(Address of principal executive offices) (Zip Code)
(360) 679-3121
(Registrant's telephone number, including area code)
FORM 8-K
WASHINGTON BANKING COMPANY
Oak Harbor, Washington
November 15, 2001
Item 4. Change in Registrant's Certifying Accountant
On November 15, 2001, the Company determined that it would not reappoint KPMG
LLP as its independent accountants, effective upon KPMG's completion of the
audit of the Company's financial statements as of and for the year ended
December 31, 2001 and the issuance of their report thereon. KPMG's reports on
the financial statements for the years ended December 31, 1999 and 2000 did not
contain an adverse opinion or a disclaimer of opinion and were not qualified or
modified as to uncertainty, audit scope or accounting principles. The decision
to change accountants was approved by the Company's full board of directors.
During the two most recent fiscal years and the subsequent interim periods, the
Company has not had any disagreements with KPMG on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure.
The Company has engaged Moss Adams LLP as its independent accountants effective
after KPMG completes its audit of the Company's financial statements as of and
for the year ended December 31, 2001 and the issuance of their report thereon.
The Company has not consulted Moss Adams previously.
Item 7. Financial Statements and Exhibits
16. Letter from KPMG regarding change in Registrant's accountant.*
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*To be filed by amendment
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.
WASHINGTON BANKING COMPANY
Date: November 21, 2001 By: /s/ Michal D. Cann
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Michal D. Cann
President and
Chief Executive Officer