Buckhead Community Bancorp, Inc.
Proposed Ticker: - 3379 Peachtree Road, N.E., Suite 100
Exchange:Over-the-Counter Market Atlanta, Georgia 30326
Industry:Financial (404) 812-0440

All share information is proposed
Type of Shares:Common Shares Filing Date:11/20/96
U.S. Shares Filed:2,400,000 Filing Price:$5.00
Non-U.S. Shares Filed:0 Offering Amount: $12,000,000
Primary Shares:2,400,000 Expenses:$40,000
Secondary Shares:0 Shs Out After:

ManagerTierPhone
Non-UnderwrittenLead Manager

Auditor: Porter, Keadle Moore, LLP
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
10/31/96 10/31/96
Revenue:$0.00Assets:$0.43
Net Income:-$0.01Liabilities:$0.04
EPS:Equity:$0.39

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

Business Description
The company was incorporated under the laws of the State of Georgia on October 15, 1996, primarily to hold all of the capital stock of its proposed national banking subsidiary, Buckhead National Bank. The company may not acquire the capital stock of the Bank without the prior approval of the Federal Reserve Bank of Atlanta, as the delegate of the Board of Governors of the Federal Reserve System, and the Georgia Department of Banking and Finance. The company will file an application for Federal Reserve approval once it obtains preliminary approval of the application for a charter from the United States Office of the Comptroller of the Currency. The company initially will engage in no business other than owning and managing the Bank.

Use of Proceeds
The proceeds from the proposed offering will be used to capitalize the Bank through the purchase of capital stock of the Bank through the purchase of capital stock of the Bank, subject to regulatory approval; to pay organizational expenses of the company; and to provide working capital.

Last updated: 12/29/96

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