from 8-K
1 page
<page> 1 Exhibit 1.16 September 15, 2000 Park Meridian Bank 6826 Morrison Blvd Charlotte, Nc 28220 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Commissioners: We Have Read the Statements Made by Park Meridian Financial Corporation (Copy Attached), Which We Understand Will Be Filed With the Commission, Pursuant to Item 4 of Form 8-K, as Part of the Company's Form 8-K Report Dated September 15, 2000. We Agree With the Statements Concerning Our Firm in Such Form 8-K. Very Truly Yours, /S/ Pricewaterhousecoopers Llp
