| Staten Island Bancorp, Inc. | |||
| Proposed Ticker: | SIB | 15 Beach Street | |
| Exchange: | New York Stock Exchange | Staten Island, NY 10304 | |
| Industry: | Financial (SIC Code 6035) | (718) 447-7900 | |
| # of Employees: | 0 | ||
| Type of Shares: | Common Shares | Filing Date: | 7/25/97 | |
| U.S. Shares Filed: | 35,595,238 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $355,952,380 | |
| Primary Shares: | 35,595,238 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| Keefe, Bruyette & Woods, Inc. | Lead Manager | (212) 323-8470 |
| Issuer's Law Firm: | Elias, Matz, Tiernan & Herrick |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| 4 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 4/30/97 | 4/30/96 | 4/30/97 | ||
| Revenue: | $128.36 | $44.79 | $41.45 | Assets: | $1,848.30 |
| Net Income: | $21.77 | $6.89 | $6.87 | Curr Assets: | |
| EPS: | Liabilities: | $1,671.00 | |||
| Prior EPS: | $3.59 | $3.60 | Curr Liabilities: | ||
| Cash Flow/Oper: | $23.08 | $61.12 | -$19.67 | Equity: | $177.29 |
| Cash Flow/Fin: | -$24.64 | -$3.87 | -$38.35 | Cash: | $113.74 |
| Cash Flow/Inv: | -$91.06 | -$3.87 | |||
| Business Description |
| The bank is federally chartered mutual savings bank. The bank is a traditional, full-service, community oriented savings bank headquartered in Staten Island, NY. The bank is primarily engaged in attracting deposits from the general public and using those and other available sources of funds to originate loans secured primarily by single family residences located in Staten Island and, a lesser extent, Brooklyn New York. The bank is the largest depository institution in terms of deposit market share in Staten Island. Historically, the bank also has been among the leaders in terms of the number and amount of residential mortgage loan originations in Staten Island. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |