EXHIBIT 99.2

UNITED BANKSHARES, INC. AND SUBSIDIARIES
Charleston, WV
Stock Symbol: UBSI
(In Thousands Except for Per Share Data)

Consolidated Statements of Income

			Three Months Ended												Year to Date
			September			September			June			March			September			September
			2003			2002			2003			2003			2003			2002
Interest & Loan Fees Income			$	71,981		$	86,413		$	74,261		$	77,224		$	223,466		$	256,389
Tax Equivalent Adjustment				2,499			2,725			2,456			2,566			7,520			8,306
		Interest & Fees Income (FTE)		74,480			89,138			76,717			79,790			230,986			264,695
Interest Expense				24,459			32,677			26,567			29,595			80,621			100,589
		Net Interest Income (FTE)		50,021			56,461			50,150			50,195			150,365			164,106
Loan Loss Provision				2,222			1,823			2,296			1,455			5,973			5,725
Non-Interest Income:
	Inv. Securities Transactions			122			(4,368	)		931			866			1,919			(4,961	)
	Trust Revenue			2,389			2,303			2,462			2,275			7,126			6,692
	Service Charges on Deposits			8,939			8,299			8,943			8,121			26,003			23,287
	Income from Mortgage Banking Operations			15,834			11,203			14,267			11,972			42,073			24,801
	Other Non-Interest Revenue			1,366			1,292			1,188			361			2,915			2,117
		Total Non-Interest Income		28,650			18,729			27,791			23,595			80,036			51,936
Non-Interest Expense:
	Staff Expense			25,507			21,595			24,189			21,631			71,327			58,367
	Occupancy & Equipment			3,039			3,252			3,264			3,316			9,619			9,312
	Other Expenses			11,846			12,903			12,462			11,647			35,955			35,396
	Amortization of Intangibles			412			562			424			434			1,270			1,396
	OREO Expense			245			231			(8	)		248			485			564
	FDIC Expense			158			154			279			289			726			521
		Total Non-Interest Expense		41,207			38,697			40,610			37,565			119,382			105,556
Pre-Tax Earnings (FTE)				35,242			34,670			35,035			34,770			105,046			104,761
Tax Equivalent Adjustment				2,499			2,725			2,456			2,566			7,520			8,306
Reported Pre-Tax Earnings				32,743			31,945			32,579			32,204			97,526			96,455
Taxes				9,823			9,592			9,774			9,661			29,258			30,075
Net Income			$	22,920		$	22,353		$	22,805		$	22,543		$	68,268		$	66,380
MEMO: Effective Tax Rate				30.00	%		30.03	%		30.00	%		30.00	%		30.00	%		31.18	%

UNITED BANKSHARES, INC. AND SUBSIDIARIES
Charleston, WV
Stock Symbol: UBSI
(In Thousands Except for Per Share Data)

Consolidated Balance Sheets

				September 30			September 30
				2003			2002			September 30			December 31			September 30
				Q-T-D Average			Q-T-D Average			2003			2002			2002
Cash & Cash Equivalents				$	189,179		$	140,012		$	260,943		$	175,363		$	207,938
Securities Available for Sale					1,022,807			1,132,555			1,018,309			1,022,314			1,099,589
Held to Maturity Securities					256,483			273,401			255,656			263,176			272,819
	Total Securities				1,279,290			1,405,956			1,273,965			1,285,490			1,372,408
			Total Cash and Securities		1,468,469			1,545,968			1,534,908			1,460,853			1,580,346
	Loans held for sale				518,021			343,801			302,934			582,718			519,786
	Commercial Loans				1,851,515			1,923,336			1,946,401			1,885,275			1,927,388
	Mortgage Loans				1,312,381			1,285,366			1,329,188			1,335,606			1,281,962
	Consumer Loans				376,038			364,774			371,115			352,280			362,930
			Loans & Leases, net of unearned income		3,539,934			3,573,476			3,646,704			3,573,161			3,572,280
Reserve for loan & Lease Losses					(46,902	)		(47,578	)		(46,933	)		(47,387	)		(47,372	)
Goodwill					89,595			91,895			89,574			90,416			91,575
Other Intangibles					4,830			5,022			4,599			5,869			6,315
	Total Intangibles				94,425			96,917			94,173			96,285			97,890
Real Estate Owned					3,364			4,441			3,225			4,267			4,368
Other Assets					155,476			111,963			196,973			122,122			121,275
			Total Assets	$	5,732,787		$	5,628,988		$	5,731,984		$	5,792,019		$	5,848,573
MEMO: Earning Assets				$	5,326,902		$	5,289,761		$	5,314,800		$	5,454,471		$	5,480,448
Interest-bearing Deposits				$	3,006,322		$	3,148,543		$	2,971,782		$	3,161,620		$	3,194,596
Noninterest-bearing Deposits					758,103			606,176			795,273			739,228			787,669
	Total Deposits				3,764,425			3,754,719			3,767,055			3,900,848			3,982,265
Short-term Borrowings					558,438			536,403			548,393			573,549			589,769
Long-term Borrowings					805,536			689,650			813,164			708,573			689,056
		Total Borrowings			1,363,974			1,226,053			1,361,557			1,282,122			1,278,825
Other Liabilities					49,838			106,528			58,832			67,510			49,710
			Total Liabilities		5,178,237			5,087,300			5,187,444			5,250,480			5,310,800
Common Equity					554,550			541,688			544,540			541,539			537,773
			Total Shareholders’ Equity		554,550			541,688			544,540			541,539			537,773
Total Liabilities & Equity				$	5,732,787		$	5,628,988		$	5,731,984		$	5,792,019		$	5,848,573

UNITED BANKSHARES, INC. AND SUBSIDIARIES
Charleston, WV
Stock Symbol: UBSI
(In Thousands Except for Per Share Data)

		Three Months Ended									Year to Date
		September		September			June		March		September		September
		2003		2002			2003		2003		2003		2002
Quarterly/Year-to-Date Share Data:
Earnings Per Share:
	Basic	$	0.55	$	0.53		$	0.55	$	0.54	$	1.64	$	1.56
	Diluted	$	0.55	$	0.52		$	0.54	$	0.53	$	1.62	$	1.53
Common Dividend Declared Per Share		$	0.25	$	0.24		$	0.25	$	0.25	$	0.75	$	0.70
High Common Stock Price		$	31.61	$	31.65		$	30.93	$	30.51	$	31.61	$	32.25
Low Common Stock Price		$	28.37	$	24.88		$	27.40	$	26.58	$	26.58	$	24.88
Average Shares Outstanding: (Net of Treasury Stock):
	Basic		41,328,476		42,419,925			41,597,646		41,891,007		41,615,354		42,667,849
	Diluted		41,823,011		43,103,509			42,067,728		42,355,229		42,091,262		43,348,668
Memorandum Items:
Tax Applicable to Security Transactions		$	43		($1,529	)	$	326	$	303	$	672		($1,736	)
Common Dividends		$	10,301	$	10,193		$	10,373	$	10,426	$	31,100	$	29,863
								September		September		June		March
EOP Share Data:								2003		2002		2003		2003
Book Value Per Share							$	13.22	$	12.72	$	13.20	$	12.98
Tangible Book Value Per Share							$	10.93	$	10.40	$	10.91	$	10.70
52-week High Common Stock Price							$	31.61	$	32.25	$	31.65	$	32.25
	Date							09/08/03		05/06/02		08/20/02		05/06/02
52-week Low Common Stock Price							$	26.09	$	24.88	$	24.88	$	24.88
	Date							10/09/02		07/24/02		07/24/02		07/24/02
Memorandum Items:
EOP Shares Outstanding (Net of Treasury Stock):								41,204,046		42,277,711		41,461,389		41,744,719
EOP Employees (full-time equivalent)								1,545		1,445		1,509		1,500

UNITED BANKSHARES, INC. AND SUBSIDIARIES
Charleston, WV
Stock Symbol: UBSI
(In Thousands Except for Per Share Data)

			Three Months Ended												Year to Date
				September		September			June			March			September			September
				2003		2002			2003			2003			2003			2002
Selected Yields and Net Interest Margin:
Loans				5.94	%		6.89	%		6.26	%		6.39	%		6.19	%		7.10	%
Investment Securities				4.47	%		6.23	%		4.85	%		5.30	%		4.90	%		6.21	%
Money Market Investments/FFS				1.71	%		1.72	%		1.78	%		1.16	%		1.39	%		1.67	%
	Average Earning Assets Yield			5.57	%		6.71	%		5.86	%		6.00	%		5.82	%		6.82	%
Interest-bearing Deposits				1.58	%		2.42	%		1.77	%		2.12	%		1.83	%		2.61	%
Short-term Borrowings				1.09	%		2.02	%		1.67	%		1.69	%		1.45	%		2.02	%
Long-term Borrowings				5.38	%		6.19	%		6.15	%		6.19	%		5.88	%		6.17	%
	Average Liability Costs			2.22	%		2.96	%		2.49	%		2.72	%		2.47	%		3.11	%
		Net Interest Spread		3.35	%		3.75	%		3.37	%		3.28	%		3.35	%		3.71	%
		Net Interest Margin		3.75	%		4.26	%		3.83	%		3.76	%		3.78	%		4.22	%
Selected Financial Ratios:
Return on Average Common Equity				16.40	%		16.37	%		16.67	%		16.67	%		16.58	%		16.85	%
Return on Average Assets				1.59	%		1.58	%		1.63	%		1.60	%		1.60	%		1.60	%
Efficiency Ratio				51.62	%		47.64	%		52.19	%		50.58	%		51.48	%		46.88	%
										September			September			June			March
										2003			2002			2003			2003
Loan / Deposit Ratio										96.81	%		89.70	%		91.26	%		87.92	%
Loan Loss Reserve / Loans, net of unearned income										1.29	%		1.33	%		1.33	%		1.34	%
Nonaccrual Loans / Loans, net of unearned income										0.25	%		0.17	%		0.22	%		0.29	%
90-Day Past Due Loans/ Loans, net of unearned income										0.26	%		0.19	%		0.17	%		0.19	%
Non-performing Loans/ Loans, net of unearned income										0.51	%		0.36	%		0.38	%		0.47	%
Non-performing Assets/ Total Assets										0.38	%		0.30	%		0.30	%		0.36	%
Primary Capital Ratio										10.24	%		9.92	%		10.24	%		10.04	%
Shareholders’ Equity Ratio										9.50	%		9.19	%		9.51	%		9.32	%
Price / Book Ratio										2.27	x		2.28	x		2.17	x		2.13	x
Price / Earnings Ratio										13.81	x		14.17	x		13.33	x		13.01	x

UNITED BANKSHARES, INC. AND SUBSIDIARIES
Charleston, WV
Stock Symbol: UBSI
(In Thousands Except for Per Share Data)

		September		September		December		June		March
		2003		2002		2002		2003		2003
Credit Quality Data:
EOP Non-Accrual Loans		$	8,998	$	6,090	$	6,890	$	7,595	$	9,979
EOP 90-Day Past Due Loans			9,468		6,835		8,461		5,817		6,594
	Total EOP Non-performing Loans	$	18,466	$	12,925	$	15,351	$	13,412	$	16,573
EOP Other Real Estate & Assets Owned			3,225		4,368		4,267		3,834		4,086
	Total EOP Non-performing Assets	$	21,691	$	17,293	$	19,618	$	17,246	$	20,659

	Three Months Ended												Year to Date
	September			September			June			March			September			September
	2003			2002			2003			2003			2003			2002
Charge-off Analysis:
Gross Charge-offs		($2,600	)		($2,410	)		($2,737	)		($2,256	)		($7,593	)		($7,000	)
Recoveries		467			213			300			400			1,166			1,239
Net Charge-offs		($2,133	)		($2,197	)		($2,437	)		($1,856	)		($6,427	)		($5,761	)