Exhibit 99

To Our Shareholders, Customers, and Friends:

In 2010 Centra made notable gains in a tough economy and positioned the company to seize long-term opportunities highlighted by the following:

•		Net income available to common stockholders increased 16% to $8.2 million
•		Total assets increased 6.3% or $81.5 million to $1.4 billion
•		Total deposits increased 4.8% or $53.4 million to $1.2 billion, while we increased market share in each of the areas we service
•		Loan delinquency and losses held at 1.05% and 0.47%, respectively
•		The Tier 1 Capital ratio increased to 13.7%, double the 6% threshold requirement for “Well Capitalized” institutions based upon regulatory guidelines, the highest standard for banks
•		The allowance for loan loss strengthened to 1.77%, an increase of $576,000

With a successful tenth year of operating as an independent bank now behind us, your board undertook a process of thoroughly assessing strategic options that maximized shareholder value for the long term. As the analysis progressed, it essentially boiled down to one question.

Will it be better for the shareholders if we stand alone or merge with another bank?

After taking into consideration discussions from Centra’s outside advisers, the board came to a unanimous decision that it was the optimal time to select another strong banking company and join forces with them.

As a result, Centra and United Bankshares, Inc. NASDAQ: UBSI (United) announced on December 16, 2010 that both companies’ boards of directors unanimously approved a definitive agreement in which the companies would combine in a stock for stock transaction.

Under the terms of the agreement, Centra shareholders would receive .7676 shares of United common stock for each share of Centra that they own. This combination significantly enhances value for our shareholders, provides added liquidity, and a substantial increase in the dividend based on United’s current practice. The companies expect to complete the transaction in the third quarter of 2011.

United is one of the top performing regional banks in the country. Despite a national economic downturn, United made a substantial profit and increased dividends to shareholders for the 36th consecutive year. In addition to this financial performance United is symbolic of great culture and service, which is similar to that of Centra; our customer service philosophies, strong and stable financial performance and our experienced and skilled staff all complement each other well.

Currently we are in the early stages of this merger and in the process of obtaining approvals from our shareholders and regulators. As we proceed toward the July closing date, you have our commitment to keep you updated along the way.

Thank you for your support and cooperation.

Douglas J. Leech
Chairman & CEO
dleech@centrabank.com

Centra Financial Holdings, Inc., and Subsidiaries

Consolidated Balance Sheet
(Dollars in Thousands, except Per Share Data)
(Unaudited)

		December 31,				December 31,
		2010				2009
ASSETS
Cash and due from banks		$	4,815			$	3,961
Interest-bearing deposits in other banks			2,627				1,996
Federal funds sold			116,189				68,607
Total cash and cash equivalents			123,631				74,564
Available-for-sale securities, at estimated fair value (amortized cost of $128,493 and $128,966 on December 31, 2010 and 2009, respectively)			129,957				131,531
Other investment securities, at cost			3,983				2,922
Loans, net of unearned income			1,051,857				1,022,852
Allowance for loan losses			(18,586	)			(18,010	)
Net loans			1,033,271				1,004,842
Premises and equipment			20,727				22,362
Loans held for sale			7,411				2,593
Goodwill and other intangibles			14,816				15,557
Bank owned life insurance			19,248				16,522
Other assets			21,052				21,664
Total assets		$	1,374,096			$	1,292,557
LIABILITIES
Deposits
Non-interest bearing		$	160,092			$	155,690
Interest-bearing			1,007,622				958,656
Total deposits			1,167,714				1,114,346
Short-term borrowings			37,622				40,781
Long-term debt			20,000				20,000
Other liabilities			12,912				12,286
Total liabilities			1,238,248				1,187,413
STOCKHOLDERS’ EQUITY
Preferred stock, $1 par value, 1,000,000 authorized, none issued			—				—
Common stock, $1 par value, 50,000,000 authorized, 8,451,444 and 7,122,525 issued and outstanding on December 31, 2010 and 2009, respectively			8,451				7,123
Additional paid-in capital			121,427				97,320
Retained earnings (deficit)			5,074				(838	)
Accumulated other comprehensive income			896				1,539
Total equity			135,848				105,144
Total liabilities and stockholders’ equity		$	1,374,096			$	1,292,557

Centra Financial Holdings, Inc., and Subsidiaries

Consolidated Statements of Income
(Dollars in Thousands, except Per Share Data)
(Unaudited)

		Year Ended Dec. 31,								Quarter Ended Dec. 31,
		2010				2009				2010				2009
INTEREST INCOME
Loans, including fees		$	57,561			$	60,746			$	14,251			$	15,094
Loans held for sale			153				159				65				33
Securities available-for-sale			3,029				4,002				607				936
Interest-bearing bank balances			1				3				—				2
Federal funds sold			304				36				107				26
Total interest income			61,048				64,946				15,030				16,091
INTEREST EXPENSE
Deposits			15,452				20,846				3,160				4,743
Short-term borrowed funds			168				291				32				49
Long-term debt			469				575				116				116
Total interest expense			16,089				21,712				3,308				4,908
Net interest income			44,959				43,234				11,722				11,183
Provision for credit losses			5,089				5,669				2,500				3,163
Net interest income after provision for credit losses			39,870				37,565				9,222				8,020
OTHER INCOME
Service charges on deposit accounts			4,106				3,717				1,070				1,005
Other service charges and fees			2,886				2,521				758				663
Secondary market income			915				1,368				332				301
Security (losses) gains			(72	)			(475	)			(72	)			(139	)
Other			1,168				746				318				206
Total other income			9,003				7,877				2,406				2,036
OTHER EXPENSE
Salary and employee benefits			18,404				15,647				4,899				4,146
Occupancy expense			3,128				2,781				768				756
Equipment expense			2,188				2,327				550				586
Advertising			1,591				1,578				350				456
Professional fees			1,216				934				475				265
Data processing			2,595				2,523				663				643
Other outside services			909				1,033				227				272
Regulatory assessment			1,733				1,922				458				396
Other			4,755				4,654				1,291				1,284
Total other expense			36,519				33,399				9,681				8,804
Net income before income tax			12,354				12,043				1,947				1,252
INCOME TAX EXPENSE			4,127				4,026				721				317
Net income			8,227				8,017				1,226				935
Dividends & accretion on preferred stock (TARP)			—				923				—				—
Net income available to common stockholders		$	8,227			$	7,094			$	1,226			$	935
Basic earnings per share		$	1.00			$	1.02			$	0.15			$	0.13
Diluted earnings per share		$	0.95			$	0.97			$	0.14			$	0.12
Weighted average shares outstanding — basic			8,246,098				6,945,644				8,440,519				7,043,786
Weighted average shares outstanding — diluted			8,620,523				7,342,174				8,844,842				7,514,265
Cash dividends declared per share		$	0.28			$	0.20			$	0.08			$	0.05

Questions & Answers for Centra Stockholders

1.

What does the recent announcement regarding Centra Financial Holdings (Centra) and United Bankshares (United) mean?

On December 16, 2010, the companies announced the signing of a definitive merger agreement for United to acquire Centra.

2.

What does it mean to Centra shareholders?

Pending regulatory approvals and the approval of Centra shareholders, shareholders of Centra would receive 0.7676 shares of United for each share of Centra.

In the meantime, you will continue to receive any dividends declared by Centra.

3.

Will more information be sent to Centra shareholders?

Yes. Centra shareholders will receive a full description of the transaction in the Notice and Proxy Statement for a shareholders meeting to be held in the spring.

4.

Is there anything, as a Centra shareholder, that I need to do now?

No, not at this time. Time is needed to complete the legal/regulatory preparation after which, shareholders will receive the materials to vote on the merger.

5.

Is United Bank listed on a publically traded stock exchange?

Yes. United is listed on the NASDAQ exchange under the symbol UBSI.

6.

When will I receive United stock certificates?

Subject to all approvals, the transaction would close early in the third quarter of 2011, after which shareholders would be contacted to complete the exchange of Centra shares for those of United.