-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QIc6rxxww2Epp2a2c0lcfkFE6FRJDIPPIhv18voodn+Sm7+S7C6kIaKsgxfm2Foz UxkgF9OdJJp+smZX7u7HYw== 0000950109-02-005815.txt : 20021114 0000950109-02-005815.hdr.sgml : 20021114 20021114134221 ACCESSION NUMBER: 0000950109-02-005815 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021108 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMMONWEALTH BANKSHARES INC CENTRAL INDEX KEY: 0000835012 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 541460991 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-17377 FILM NUMBER: 02823831 BUSINESS ADDRESS: STREET 1: 403 BOUSH ST CITY: NORFOLK STATE: VA ZIP: 23510 BUSINESS PHONE: 8044466900 MAIL ADDRESS: STREET 2: 403 BOUSH STREET CITY: NORFOLK STATE: VA ZIP: 23510 8-K/A 1 d8ka.htm AMENDMENT TO THE FORM 8-K Amendment to the Form 8-K
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
 
 
FORM 8-K/A
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported) November 8, 2002
 
 
Commonwealth Bankshares, Inc.
(Exact name of registrant as specified in charter)
 
Delaware
(State or other jurisdiction of incorporation or organization)
 
01-17377
  
54-1460991
(Commission File Number)
  
(IRS Employer Identification No.)
 
403 Boush Street Norfolk, Virginia
  
23510
(Address of principal executive offices)
  
(Zip Code)
 
Registrant’s telephone number including area code 757-446-6900
 
 
ITEM 4. CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANTS
 
Poti, Walton & Associates, PC were previously the principal accountants for Commonwealth Bankshares, Inc. On November 1, 2002, Poti, Walton & Associates, PC ceased operations. On November 8, 2002, the Audit Committee of the Company selected the firm of Witt, Mares & Company, PLC to replace Poti, Walton & Associates, PC.
 
In connection with the audits of the two fiscal years ended December 31, 2001 and December 31, 2000, there were no disagreements with Poti, Walton & Associates, PC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to their satisfaction would have caused them to make reference in connection with their opinion to the subject matter of the disagreements, and said firm has not advised the registrant of any reportable events. There have been no audits of any subsequent interim period.
 

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The accountants’ report of Poti, Walton & Associates, PC on the consolidated financial statements of Commonwealth Bankshares, Inc. and subsidiaries as of and for the years ended December 31, 2001 and 2000 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified as to uncertainty, audit scope or accounting principles.
 
ITEM 7.    FINANCIAL STATEMENTS AND EXHIBITS
 
(a)
 
None.
(b)
 
None.
(c)
 
Exhibits.

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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 thereunto duly authorized.
 
Commonwealth Bankshares, Inc.
(Registrant)
Date:
  
November 13, 2002      
      
/s/  E. J. Woodard, Jr.    
           
E.J. Woodard, Jr. CLBB
Chairman of the Board,
President & CEO
 
Date:
  
November 13, 2002      
      
/s/John H. Gayle   
           
John H. Gayle
Executive Vice President & Cashier
 
 

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