| Proposed Ticker: - | 22 Winston Street, Post Office Box 989 | |
| Exchange: NASDAQ-National Market | Thomasville, North Carolina 27361 | |
| Industry: Financial | (910) 475-4663 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 7/23/96 | |
| U.S. Shares Filed: | 357,075 | Filing Price: | $50.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $17,853,750 | |
| Primary Shares: | 357,075 | Expenses: | $366,000 | |
| Secondary Shares: | 0 | Shs Out After: | ||
| Manager | Tier | Phone |
| Trident Securities, Inc. | Lead Manager | (919) 781-8900 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 6/30/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $5.39 | $4.43 | $3.99 | Assets: | $80.39 |
| Net Income: | $0.92 | $0.48 | $0.74 | Liabilities: | $69.25 |
| EPS: | Equity: | $11.14 | |||
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. |
©1996 IPO Data Systems, Inc. - All rights reserved.