| Bryan-College Station Financial Holding Company, The | |||
| Proposed Ticker: | - | 2900 Texas Avenue | |
| Exchange: | NASDAQ-Small Cap Market | Bryan, TX 77802 | |
| Industry: | Financial (SIC Code 6035) | (409) 779-2900 | |
| Type of Shares: | Common Shares | Filing Date: | 5/30/97 | |
| U.S. Shares Filed: | 200,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $2,000,000 | |
| Primary Shares: | 200,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| Hoefer & Arnett | Lead Manager | (415) 362-7160 |
| Issuer's Law Firm: | Silver, Freedman & Taff |
| Bank's Law Firm: | Bracewell & Patterson |
| Auditor: | Crowe, Chizek and Company |
| Registrar/Transfer Agent: | Self Administered |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 9/30/96 | 3/31/97 | 3/31/96 | 3/31/97 | ||
| Revenue: | $4.84 | $2.62 | $2.42 | Assets: | $62.68 |
| Net Income: | $0.23 | $0.29 | $0.18 | Curr Assets: | |
| EPS: | $0.61 | $0.53 | $0.24 | Liabilities: | $58.11 |
| Prior EPS: | $0.52 | Curr Liabilities: | |||
| Cash Flow/Oper: | $2.04 | Equity: | $4.57 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a newly formed company organized under Delaware law to become a financial institution holding company by acquiring 100% of the stock of First Federal. First Federal Savings Bank, is a federally chartered community-owned, independent thrift institution, headquartered in Bryan-College Station, Texas, which began operations in 1965. First Federal is predominantly a locally-based homes lender, originating loans primarily in Bryan-College Station and the surrounding trade area, and to a lesser extent other communities in the general area between Houston, Austin and Dallas, Texas. First Federal also originates consumer, construction, U.S. Small Business Administration partially guaranteed loans, small commercial real estate and small to medium commercial business loans. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to purchase for cash all of the shares of First Federal common stock not exchanged for Holding Company common stock pursuant to the merger agreement repay First Federal for expenses paid by First Federal in connection with the Merger and Offering, and the balance, if any, will become part of the company's general funds. |