Algiers Bancorp, Inc.
Ticker: ALGC
Exchange: NASDAQ-National Market New Orleans, Louisiana
Industry: Financial

Type of Shares:Common Shares Filing Date:3/26/96
U.S. Shares:648,025 Offer Date:7/9/96
Non-U.S. Shares:0 Filing Price:$10.00
Primary Shares:648,025 Offer Price:$10.00
Secondary Shares:0 Gross Spread:
Offering Amount: $6,480,250 Selling:
Expenses: - Reallowance:
Shares Out After: -

ManagerTierPhone
Trident Securities, Inc.Lead Manager (919) 781-8900

Audited
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Unaudited
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Prior
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Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company is an S & L holding company.

Use of Proceeds
The proceeds from the proposed offering will be used to fund the transition from a mutual to a stock bank holding company.

Last updated: 10/28/96

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