Warwick Community Bancorp, Inc.
Proposed Ticker: - 18 Oakland Avenue
Exchange:NASDAQ-National Market Warwick, NY 10990
Industry:Financial (SIC Code 6036) (914) 986-2206
# of Employees:0

Filing Information
Type of Shares:Common Shares Filing Date:9/19/97
U.S. Shares Filed:5,577,500 Filing Price:$10.00
Non-U.S. Shares Filed:0 Offering Amount: $55,775,000
Primary Shares:5,577,500 Expenses:$931,000
Secondary Shares:0 Shares Out After:

Primary Underwriting Group
ManagerTierPhone
Sandler O'Neill & Partners. L.P.Lead Manager (212) 466-7737

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Thacher Proffitt & Wood
Bank's Law Firm: Goodwin Procter & Hoar
Auditor: Arthur Andersen
Registrar/Transfer Agent: Registrar and Transfer Company, New Jersey

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
5/31/97 5/31/97
Revenue:$23.47Assets:$286.55
Net Income:$2.87Curr Assets:
EPS:Liabilities:$258.43
Prior EPS:Curr Liabilities:
Cash Flow/Oper:$7.25Equity:$28.11
Cash Flow/Fin:$8.79Cash:
Cash Flow/Inv:$7.25

Business Description
The company is the holding company for Warwick Savings Bank. The bank's principal business is attracting retail deposits from the general public in the area surrounding its four branches and investing it in residential mortgages.

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

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