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
	March			March			December
	2004			2003			2003
Interest & Loan Fees Income	$	74,074		$	77,224		$	74,042
Tax Equivalent Adjustment		2,515			2,566			2,538
Interest & Fees Income (FTE)		76,589			79,790			76,580
Interest Expense		21,972			29,595			23,530
Net Interest Income (FTE)		54,617			50,195			53,050
Loan Loss Provision		1,357			1,455			1,502
Non-Interest Income:
Investment Securities Gains (Losses)		714			866			(89	)
Fees from Trust & Brokerage Services		2,570			2,275			2,261
Fees from Deposit Services		7,397			6,676			7,773
Other Charges, Commissions, and Fees		1,299			1,445			1,367
Income from Mortgage Banking Operations		6,449			11,972			9,833
Other Non-Interest Revenue		1,628			361			2,135
Total Non-Interest Income		20,057			23,595			23,280
Non-Interest Expense:
Salaries and Employee Benefits		19,936			21,631			21,972
Net Occupancy Expense		3,702			3,316			3,473
Other Expenses		12,595			11,647			30,721
Amortization of Intangibles		750			434			800
OREO Expense		84			248			185
FDIC Expense		159			289			145
Total Non-Interest Expense		37,226			37,565			57,296
Income Before Income Taxes (FTE)		36,091			34,770			17,532
Tax Equivalent Adjustment		2,515			2,566			2,538
Income Before Income Taxes		33,576			32,204			14,994
Taxes		10,072			9,661			4,497
Net Income	$	23,504		$	22,543		$	10,497
MEMO: Effective Tax Rate		30.00	%		30.00	%		29.99	%

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

Consolidated Balance Sheets

	March 31			March 31
	2004			2003
	Q-T-D			Q-T-D			March 31			December 31
	Average			Average			2004			2003
Cash & Cash Equivalents	$	188,359		$	267,376		$	184,535		$	254,941
Securities Available for Sale		1,229,365			1,032,755			1,224,206			1,266,635
Securities Held to Maturity		241,020			262,322			238,150			243,975
Total Securities		1,470,385			1,295,077			1,462,356			1,510,610
Total Cash and Securities		1,658,744			1,562,453			1,646,891			1,765,551
Loans held for sale		120,036			428,463			233,659			181,186
Commercial Loans		2,258,875			1,878,089			2,325,079			2,249,176
Mortgage Loans		1,463,977			1,323,893			1,481,718			1,453,131
Consumer Loans		400,988			346,438			400,060			393,712
Loans, net of unearned income		4,123,840			3,548,420			4,206,857			4,096,019
Allowance for Loan Losses		(50,423	)		(47,508	)		(50,474	)		(50,432	)
Goodwill		169,079			90,397			167,583			169,655
Other Intangibles		9,204			5,696			8,795			9,546
Total Intangibles		178,283			96,093			176,378			179,201
Real Estate Owned		3,144			4,069			3,312			3,203
Other Assets		201,728			127,165			216,673			204,271
Total Assets	$	6,235,352		$	5,719,155		$	6,433,296		$	6,378,999
MEMO: Earning Assets	$	5,674,612		$	5,360,056		$	5,916,271		$	5,825,527
Interest-bearing Deposits	$	3,209,339		$	3,175,138		$	3,225,653		$	3,244,860
Noninterest-bearing Deposits		848,900			707,312			926,978			937,512
Total Deposits		4,058,239			3,882,450			4,152,631			4,182,372
Short-term Borrowings		657,879			527,628			705,823			661,942
Long-term Borrowings		853,195			708,435			884,691			858,174
Total Borrowings		1,511,074			1,236,063			1,590,514			1,520,116
Other Liabilities		43,606			52,283			64,410			61,320
Total Liabilities		5,612,919			5,170,796			5,807,555			5,763,808
Common Equity		622,433			548,359			625,741			615,191
Total Shareholders’ Equity		622,433			548,359			625,741			615,191
Total Liabilities & Equity	$	6,235,352		$	5,719,155		$	6,433,296		$	6,378,999

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

	Three Months Ended
	March		March		December
	2004		2003		2003
Quarterly Share Data:
Earnings Per Share:
Basic	$	0.54	$	0.54	$	0.24
Diluted	$	0.53	$	0.53	$	0.24
Common Dividend Declared Per Share	$	0.25	$	0.25	$	0.25
High Common Stock Price	$	31.60	$	30.51	$	31.60
Low Common Stock Price	$	29.36	$	26.58	$	28.92
Average Shares Outstanding: (Net of Treasury Stock):
Basic		43,680,837		41,891,007		43,428,041
Diluted		44,258,584		42,355,229		44,177,850
Memorandum Items:
Tax Applicable to Security Transactions	$	250	$	303	($	31	)
Common Dividends	$	10,917	$	10,426	$	10,929

	March		March		December
	2004		2003		2003
EOP Share Data:
Book Value Per Share	$	14.34	$	12.98	$	14.08
Tangible Book Value Per Share	$	10.30	$	10.70	$	10.00
52-week High Common Stock Price	$	31.61	$	32.25	$	31.61
Date		09/08/03		05/06/02		09/08/03
52-week Low Common Stock Price	$	27.40	$	24.88	$	26.58
Date		04/01/03		07/24/02		03/13/03
EOP Shares Outstanding (Net of Treasury Stock):		43,627,204		41,744,719		43,689,334
Memorandum Items:
EOP Employees (full-time equivalent)		1,549		1,500		1,585

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

	Three Months Ended
	March			March			December
	2004			2003			2003
Selected Yields and Net Interest Margin:
Loans		5.75	%		6.39	%		5.78	%
Investment Securities		4.50	%		5.30	%		4.64	%
Money Market Investments/FFS		2.81	%		1.16	%		1.17	%
Average Earning Assets Yield		5.42	%		6.00	%		5.42	%
Interest-bearing Deposits		1.37	%		2.12	%		1.42	%
Short-term Borrowings		0.97	%		1.69	%		0.98	%
Long-term Borrowings		4.47	%		6.19	%		5.32	%
Average Liability Costs		1.87	%		2.72	%		2.01	%
Net Interest Spread		3.55	%		3.28	%		3.41	%
Net Interest Margin		3.86	%		3.76	%		3.76	%
Selected Financial Ratios:
Return on Average Common Equity		15.19	%		16.67	%		6.71	%
Return on Average Assets		1.52	%		1.60	%		0.68	%
Efficiency Ratio		49.20	%		50.58	%		73.70	%

	March			March			December
	2004			2003			2003
Loan / Deposit Ratio		101.31	%		87.92	%		97.94	%
Loan Loss Reserve / Loans, net of unearned income		1.20	%		1.34	%		1.23	%
Nonaccrual Loans / Loans, net of unearned income		0.15	%		0.29	%		0.18	%
90-Day Past Due Loans/ Loans, net of unearned income		0.18	%		0.19	%		0.27	%
Non-performing Loans/ Loans, net of unearned income		0.33	%		0.47	%		0.45	%
Non-performing Assets/ Total Assets		0.26	%		0.36	%		0.34	%
Primary Capital Ratio		10.43	%		10.04	%		10.35	%
Shareholders’ Equity Ratio		9.73	%		9.32	%		9.65	%
Price / Book Ratio		2.13 x			2.13 x			2.22 x
Price / Earnings Ratio		14.36 x			13.01 x			16.88 x

	March		March		December
	2004		2003		2003
Credit Quality Data:
EOP Non-Accrual Loans	$	6,128	$	9,979	$	7,523
EOP 90-Day Past Due Loans		7,600		6,594		11,052
Total EOP Non-performing Loans	$	13,728	$	16,573	$	18,575
EOP Other Real Estate & Assets Owned		3,312		4,086		3,203
Total EOP Non-performing Assets	$	17,040	$	20,659	$	21,778

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

	March			March			December
	2004			2003			2003
Charge-off Analysis:
Gross Charge-offs	($	1,762	)	($	2,256	)	($	2,403	)
Recoveries		447			400			537
Net Charge-offs	($	1,315	)	($	1,856	)	($	1,866	)