| Proposed Ticker: - | 714 North Vermilion Street | |
| Exchange: Over-the-Counter Market | Danville, Illinois 61832 | |
| Industry: Financial | (217) 442-0270 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 12/3/96 | |
| U.S. Shares Filed: | 345,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $3,450,000 | |
| Primary Shares: | 345,000 | Expenses: | $234,000 | |
| 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 | ||
| 9/30/96 | 9/30/96 | ||||
| Revenue: | $2.68 | Assets: | $35.46 | ||
| Net Income: | -$0.07 | Liabilities: | $33.10 | ||
| EPS: | Equity: | $2.36 | |||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a Delaware corporation organized for the purpose of becoming the holding company for American Savings Bank of Danville, an Illinois-chartered mutual savings bank headquartered in Danville, Illinois. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the purchase of 75% of the capital stock of the bank and to make a loan directly to the ESOP to enable the ESOP to purchase Common Stock. |
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