| State Capital Bancorp, Inc. | |||
| Proposed Ticker: | - | 1905 White Heron Road | |
| Exchange: | Over-the-Counter Market | Annapolis, MD 20411 | |
| Industry: | Financial (SIC Code 6712) | (301) 757-5372 | |
| Type of Shares: | Common Shares | Filing Date: | 1/13/97 | |
| U.S. Shares Filed: | 800,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $8,000,000 | |
| Primary Shares: | 800,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| Charles Webb & Company | Lead Manager | (614) 766-8400 |
| Issuer's Law Firm: | Muldoon, Murphy & Faucette |
| Auditor: | Rowles & Company, LLP |
| Registrar/Transfer Agent: | State Capital Bancorp, MD |
Dollar amounts in U.S. millions except for per share data | |||||
| 1 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $0.00 | Assets: | $0.02 | ||
| Net Income: | $0.00 | Curr Assets: | |||
| EPS: | $0.00 | Liabilities: | $0.02 | ||
| Prior EPS: | -$0.01 | Curr Liabilities: | |||
| Cash Flow/Oper: | Equity: | $0.00 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company was incorporated under the laws of the State of Maryland, primarily to hold all of the capital stock of a proposed Maryland trust company with the name of State Capital Bank. The bank will engage in a general commercial and retail banking business, emphasizing the needs of small businesses, professional concerns, and individuals, primarily in the Anne Arundel County, Maryland area. The bank intends to offer a full range of deposit services that are typically available in most banks and savings and loan associations, including checking accounts, NOW accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. The bank intends to solicit these accounts from individuals, businesses, associations and organizations, and governmental authorities. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to capitalize the bank through the purchase of all of the capital stock of the bank; to pay organizational expenses of the company and the expenses of this offering; and to provide working capital. |