Exhibit 31



CERTIFICATIONS



I, David S. Perry, certify that:



|1. |  | I have reviewed the quarterly report on Form 10-QSB of Yadkin Valley Company;
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|2. |  | Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statement made, in light
of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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|3. |  | Based on my knowledge, the financial statements, and other financial information included in this report, fairly presents in all material respects the financial condition, results
of operations and cash flows of the small business issuer as of, and for, the periods presented in this report;
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|4. |  | The small business issuers other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rule
13a 15(e) and 15d 15(e)) for the small business issuer and have:
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| | a. |  | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the small business issuer including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
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| | b. |  | Evaluated the effectiveness of the small business issuers disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the
disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
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| | c. |  | Disclosed in this report any change in the small business issuers internal control over financial reporting that occurred during the small business issuers most recent
fiscal quarter that has materially affected or is reasonably likely to materially affect, the small business issuers internal control over financial reporting; and
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|5. |  | The small business issuers other certifying officers and I have disclosed, based on our most recent evaluation, to the small business issuers auditors and the audit
committee of the small business issuers board of directors (or persons performing the equivalent functions):
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| | a. |  | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely to adversely
affect the small business issuers ability to record, process, summarize and report financial information; and
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| | b. |  | Any fraud, whether or not material, that involves management or other employees who have a significant role in the small business issuers internal control over financial
reporting.
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|Date:    August 9, 2003 | 
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