| Heartland Bancshares, Inc. | |||
| Ticker: | HRTB | P.O. Box 469 | |
| Exchange: | Over-the-Counter Market | Franklin, IN 46131 | |
| Industry: | Financial (SIC Code 6712) | (317) 738-3915 | |
| Type of Shares: | Common Shares | Filing Date: | 7/28/97 | |
| U.S. Shares: | 1,100,000 | Offer Date: | 9/29/97 | |
| Non-U.S. Shares: | 0 | Filing Price: | $10.00 | |
| Primary Shares: | 1,100,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | ||
| Offering Amount: | $11,000,000 | Selling: | $0.40 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Roney & Co. | Lead Manager | (313) 225-5741 |
| Issuer's Law Firm: | Leagre Chandler & Millard |
| Bank's Law Firm: | Krieg, DeVault, Alexander & Capehart |
| Auditor: | Crowe, Chizek and Company |
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 | ||
| 5/27/97 | 6/30/97 | ||||
| Revenue: | $0.00 | Assets: | $0.10 | ||
| Net Income: | -$0.01 | Curr Assets: | $0.01 | ||
| EPS: | Liabilities: | $0.11 | |||
| Prior EPS: | $0.07 | Curr Liabilities: | $0.08 | ||
| Cash Flow/Oper: | $0.00 | Equity: | -$0.01 | ||
| Cash Flow/Fin: | -$0.06 | Cash: | $0.01 | ||
| Cash Flow/Inv: | -$0.06 | Working Cap: | -$0.07 | ||
| Business Description |
| The company is a state chartered commercial bank with depository accounts insured by the FDIC. The bank's offices will be located in the Indiana cities of Franklin and Greenwood in Johnson County, which is part of the Indianapolis Metropolitan Area. The bank's retail strategy will be to offer, primarily in Johnson County, a wide range of basic banking products and services that will be reasonably priced and easily understood by the customer. The bank's commercial strategy will center on small to medium sized business. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |