Equality Bancorp, Inc.
Proposed Ticker:ESBX 9920 Watson Road
Exchange:NASDAQ-National Market St. Louis, MO 63126
Industry:Financial (SIC Code 6035) (314) 965-7090

Filing Information
Type of Shares:Common Shares Filing Date:6/30/97
U.S. Shares Filed:1,729,323 Filing Price:$10.00
Non-U.S. Shares Filed:0 Offering Amount: $17,293,230
Primary Shares:1,729,323 Expenses:$120,000
Secondary Shares:0 Shares Out After:

Primary Underwriting Group
ManagerTierPhone
Trident Securities, Inc.Lead Manager (919) 781-8900

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Schiff Hardin & Waite
Bank's Law Firm: Breyer & Aguggia
Registrar/Transfer Agent: Illinois Stock Transfer Company

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
3/31/97 3/31/97
Revenue:$15.06Assets:$200.76
Net Income:$0.51Curr Assets:
EPS:$0.61Liabilities:$188.13
Prior EPS:$0.80Curr Liabilities:
Cash Flow/Oper:-$7.99Equity:$12.63
Cash Flow/Fin:Cash:
Cash Flow/Inv:

Business Description
The Association is a federally chartered stock savings association. The Association gathers deposits from its local community and uses these funds to invest in residential one-to-four family mortgage loans, U.S. Government and mortgage securities.

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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