EX-99.2

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
	2008			2007			2007
Interest & Loan Fees Income	$	113,546		$	100,622		$	119,096
Tax Equivalent Adjustment		3,960			4,011			4,165

Interest & Fees Income (FTE)		117,506			104,633			123,261
Interest Expense		51,268			47,960			58,271

Net Interest Income (FTE)		66,238			56,673			64,990

Provision for Credit Losses		2,100			350			2,580

Non-Interest Income:
Investment securities transactions		955			157			(562	)
Fees from trust & brokerage services		3,939			3,546			4,317
Fees from deposit services		9,083			7,178			9,701
Other charges, commissions, and fees		2,046			1,693			1,998
Income from bank-owned life insurance		1,309			1,459			1,424
Mortgage banking income		93			161			80
Loss on termination of interest rate swap associated with prepayment of FHLB advance		—			—			(8,900	)
Other non-interest revenue		1,185			722			924

Total Non-Interest Income		18,610			14,916			8,982


Non-Interest Expense:
Salaries and employee benefits		19,028			14,854			18,033
Net occupancy		4,297			3,456			4,028
Other expenses		16,619			12,471			16,748
Prepayment penalties on FHLB Advances		—			—			4,331
Amortization of intangibles		1,018			407			1,078
OREO expense		242			164			563
FDIC expense		154			143			135

Total Non-Interest Expense		41,358			31,495			44,916


Income Before Income Taxes (FTE)		41,390			39,744			26,476

Tax Equivalent Adjustment		3,960			4,011			4,165


Income Before Income Taxes		37,430			35,733			22,311

Taxes		11,734			11,326			6,359


Net Income	$	25,696		$	24,407		$	15,952


MEMO: Effective Tax Rate		31.35	%		31.70	%		28.50	%

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

Consolidated Balance Sheets


	March 31			March 31
	2008			2007			March 31			December 31
	Q-T-D Average			Q-T-D Average			2008			2007
Cash & Cash Equivalents	$	203,878		$	178,434		$	228,890		$	230,651

Securities Available for Sale		1,143,936			1,007,953			1,152,757			1,156,561
Held to Maturity Securities		153,799			209,316			151,040			157,228
Other Investment Securities		80,284			54,763			77,285			80,975

Total Securities		1,378,019			1,272,032			1,381,082			1,394,764

Total Cash and Securities		1,581,897			1,450,466			1,609,972			1,625,415


Loans held for sale		2,194			1,980			1,851			1,270

Commercial Loans		3,650,874			2,701,907			3,703,954			3,648,999
Mortgage Loans		1,757,105			1,685,748			1,744,925			1,772,441
Consumer Loans		371,407			359,577			363,613			379,121


Gross Loans		5,779,386			4,747,232			5,812,492			5,800,561

Unearned income		(7,035	)		(6,869	)		(7,080	)		(7,077	)


Loans, net of unearned income		5,772,351			4,740,363			5,805,412			5,793,484

Allowance for Loan Losses		(50,629	)		(43,603	)		(56,811	)		(50,456	)

Goodwill		312,141			167,420			311,978			312,111
Other Intangibles		10,429			2,459			9,860			10,878

Total Intangibles		322,570			169,879			321,838			322,989

Real Estate Owned		6,831			3,988			7,043			6,365
Other Assets		287,360			238,257			297,669			295,672

Total Assets	$	7,922,574		$	6,561,330		$	7,986,974		$	7,994,739


MEMO: Earning Assets	$	7,137,160		$	6,007,205		$	7,169,323		$	7,167,127


Interest-bearing Deposits	$	4,474,910		$	3,855,911		$	4,538,376		$	4,436,323
Noninterest-bearing Deposits		840,443			811,765			881,135			913,427

Total Deposits		5,315,353			4,667,676			5,419,511			5,349,750

Short-term Borrowings		991,345			678,696			945,974			1,036,063
Long-term Borrowings		779,881			506,497			763,662			774,162

Total Borrowings		1,771,226			1,185,193			1,709,636			1,810,225

Other Liabilities		61,581			67,523			86,674			73,565

Total Liabilities		7,148,160			5,920,392			7,215,821			7,233,540


Common Equity		774,414			640,938			771,153			761,199

Total Shareholders’ Equity		774,414			640,938			771,153			761,199


Total Liabilities & Equity	$	7,922,574		$	6,561,330		$	7,986,974		$	7,994,739

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


	Three Months Ended
	March		March		December
Quarterly Share Data:	2008		2007		2007
Earnings Per Share:
Basic	$	0.59	$	0.60	$	0.37
Diluted	$	0.59	$	0.59	$	0.37

Common Dividend Declared Per Share	$	0.29	$	0.28	$	0.29

High Common Stock Price	$	33.07	$	39.50	$	33.61
Low Common Stock Price	$	24.00	$	33.60	$	25.54

Average Shares Outstanding (Net of Treasury Stock):
Basic		43,246,852		40,946,236		43,216,077
Diluted		43,418,571		41,272,213		43,438,997

Memorandum Items:

Income Tax Expense (Benefit) Applicable to Security Transactions	$	334	$	55	$	(197	)

Common Dividends	$	12,542	$	11,452	$	12,537


	March		March		December
EOP Share Data:	2008		2007		2007
Book Value Per Share	$	17.83	$	15.65	$	17.61
Tangible Book Value Per Share	$	10.39	$	11.49	$	10.14

52-week High Common Stock Price	$	35.37	$	39.71	$	39.50
Date		04/03/07		12/28/06		01/03/07
52-week Low Common Stock Price	$	24.00	$	33.60	$	25.54
Date		01/18/08		03/14/07		11/08/07

EOP Shares Outstanding (Net of Treasury Stock):		43,260,951		40,823,168		43,234,726

Memorandum Items:

EOP Employees (full-time equivalent)		1,558		1,327		1,537

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


	Three Months Ended
	March			March			December
	2008			2007			2007
Selected Yields and Net Interest Margin:
Loans		6.86	%		7.41	%		7.36	%
Investment Securities		5.68	%		5.65	%		5.66	%
Money Market Investments/FFS		3.10	%		5.62	%		5.24	%
Average Earning Assets Yield		6.61	%		7.03	%		7.02	%
Interest-bearing Deposits		3.16	%		3.49	%		3.50	%
Short-term Borrowings		2.77	%		4.48	%		3.84	%
Long-term Borrowings		4.80	%		5.84	%		5.52	%
Average Liability Costs		3.30	%		3.86	%		3.81	%
Net Interest Spread		3.31	%		3.17	%		3.21	%
Net Interest Margin		3.72	%		3.79	%		3.71	%

Selected Financial Ratios:

Return on Average Common Equity		13.35	%		15.44	%		8.25	%
Return on Average Assets		1.30	%		1.51	%		0.81	%
Loan / Deposit Ratio		107.12	%		99.47	%		108.29	%
Allowance for Loan Losses/ Loans, net of unearned income		0.98	%		0.93	%		0.87	%
Allowance for Credit Losses ⁽¹⁾/ Loans, net of unearned income		1.02	%		1.11	%		1.01	%
Nonaccrual Loans / Loans, net of unearned income		0.43	%		0.13	%		0.24	%
90-Day Past Due Loans/ Loans, net of unearned income		0.21	%		0.11	%		0.25	%
Non-performing Loans/ Loans, net of unearned income		0.65	%		0.24	%		0.49	%
Non-performing Assets/ Total Assets		0.56	%		0.24	%		0.43	%
Primary Capital Ratio		10.32	%		10.43	%		10.18	%
Shareholders’ Equity Ratio		9.66	%		9.72	%		9.52	%
Price / Book Ratio		1.50	x		2.24	x		1.59	x
Price / Earnings Ratio		11.26	x		14.81	x		13.05	x
Efficiency Ratio		47.80	%		43.20	%		58.06	%

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


	March		March		December
Asset Quality Data:	2008		2007		2007
EOP Non-Accrual Loans	$	25,103	$	6,068	$	14,115
EOP 90-Day Past Due Loans		12,375		5,416		14,210

Total EOP Non-performing Loans	$	37,478	$	11,484	$	28,325

EOP Other Real Estate & Assets Owned		7,043		3,991		6,365

Total EOP Non-performing Assets	$	44,521	$	15,475	$	34,690


	Three Months Ended
	March			March			December
Allowance for Credit Losses:⁽¹⁾	2008			2007			2007
Beginning Balance	$	58,744		$	52,371		$	58,617
Provision Expense		2,100			350			2,580

		60,844			52,721			61,197
Gross Charge-offs		(2,033	)		(617	)		(2,786	)
Recoveries		239			281			333

Net Charge-offs		(1,794	)		(336	)		(2,453	)

Ending Balance	$	59,050		$	52,385		$	58,744

Note: (1) Includes allowances for loan losses and lending-related commitments.