-----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, VnwGv/tOR0pdryUZLD53LCP8t7N1jofuXZ/Oow6WviPzzc1Hnp8PQZ6OtHPuAFBo fblvxhMIEkHs92xb9IULXQ== 0001005794-03-000213.txt : 20030721 0001005794-03-000213.hdr.sgml : 20030721 20030721161609 ACCESSION NUMBER: 0001005794-03-000213 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030716 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030721 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VOLUNTEER BANCORP INC CENTRAL INDEX KEY: 0000947440 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 621271025 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22473 FILM NUMBER: 03794786 BUSINESS ADDRESS: STREET 1: 161 W MAIN ST STREET 2: PO BOX 126 CITY: SNEEDVILLE STATE: TN ZIP: 37879 BUSINESS PHONE: 4239219900 MAIL ADDRESS: STREET 1: 161 W MAIN ST STREET 2: PO BOX 126 CITY: SNEEDVILLE STATE: TN ZIP: 37879 8-K 1 vbi8k071603.txt CURRENT REPORT ON FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 FORM 8-K Date of Report (Date of earliest event reported) July 16, 2003 ------------------------------- VOLUNTEER BANCORP, INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Tennessee 000-22473 62-1271025 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 210 E. Main Street, Rogersville, Tennessee 37879 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (423) 272-2200 ----------------------------- Not Applicable - -------------------------------------------------------------------------------- (Former name,former address and former fiscal year,if changed since last report) INFORMATION TO BE INCLUDED IN THE REPORT Item 4. Changes in Registrant's Certifying Accountant. On July 16, 2003, the Board of Directors of Volunteer Bancorp, Inc. (the "Company") dismissed Welch & Associates, Ltd. ("Welch") as the Company's independent auditors and engaged Crowe Chizek and Company LLC ("Crowe Chizek") to serve as the Company's independent auditors for the year ended December 31, 2003. The determination to replace Welch was recommended by the audit committee and approved by the full Board of Directors of the Company. The report of Welch with respect to the Company for the years ended December 31, 2001 and December 31, 2002 contained no adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles. During the years ended December 31, 2001 and December 31, 2002 and through the date hereof, there were no disagreements between the Company and Welch on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Welch, would have caused Welch to make reference to the subject matter of the disagreements in its report on the Company's financial statements for such year. During the last two completed fiscal years and through the date hereof, the Company did not consult with Crowe Chizek regarding either the application of accounting principles to a specified transaction, the type of audit opinion that might be rendered on the Company's financial statements or any matter that was the subject of a disagreement or reportable event with Welch. Pursuant to Item 304(a)(3) of Regulation S-K, the Company has requested that Welch furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not Welch agrees with the above statements. A copy of such letter, dated July 21, 2003, is filed as Exhibit 16 to this Form 8-K. Item 7. Financial Statements and Exhibits. (c) Exhibits. The following exhibits are filed pursuant to Item 601 of Regulation S-K: Exhibit Number Description - ------- ----------- 16 Letter from Welch & Associates, Ltd. to the Securities and Exchange Commission dated July 21, 2003. - 1 - 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. VOLUNTEER BANCORP, INC. Date: July 21, 2003 By: /s/ Reed D. Matney ------------------------------------------- Reed D. Matney President -2- EX-16 3 exhibit16.txt EX 16 LETTER RE CHANGE OF CERTIFYING ACCOUNTANT EXHIBIT 16 Welch & Associates, Ltd. Certified Public Accountants 401 Union Street - Eleventh Floor Nashville, Tennessee 37219-1708 615-254-4834 July 21, 2003 Securities and Exchange Commission Mail Stop 11-3 450 Fifth Street, N.W. Washington, D.C. 20549 RE: Volunteer Bancorp, Inc. We have read the statements that we understand Volunteer Bancorp, Inc. will include under item 4 of the Form 8-K report it will file regarding its recent change of auditors. We agree with such statements made regarding our firm contained in such 8-K. We have no basis to agree or disagree with other statements made under item 4. Yours truly, /s/ Welch & Associates, Ltd. Welch & Associates, Ltd. -----END PRIVACY-ENHANCED MESSAGE-----