| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Bay State Bancorp, Inc. |
| 1299 Beacon Street, Brookline, MA 02146 * (617) 739-9500 |
| The company is a Delaware corporation organized at the direction of the Bank to become a savings and loan holding company and own all of the Bank's capital stock to be issued upon its conversion from mutual form to stock form. |
| Manager | Tier | Phone |
| Sandler O'Neill & Partners. L.P. | Lead Manager | (212) 466-7737 |
| AMEX: | BYS | Financial: | SIC 6035 | |
| Type of Shares: | Common Shares | Filing Date: | 11/13/97 | |
| U.S. Shares: | 2,041,000 | Offer Date: | 3/30/98 | |
| Non-U.S. Shares: | 0 | Filing Price: | $20.00 | |
| Primary Shares: | 2,041,000 | Offer Price: | $20.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.00 | |
| Offering Amount: | $40,820,000 | Selling: | $0.00 | |
| Expenses: | $860,000 | Reallowance: | $0.00 | |
| Post-IPO Shares: | - |
| Issuer's Law Firm: | Muldoon, Murphy & Faucette |
| Bank's Law Firm: | Serchuk & Zelemyer |
| Auditor: | Shatswell, MacLeod & Company, P.C. |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 3/31/97 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $17.88 | $9.41 | $8.80 | Assets: | $247.76 |
| Net Income: | $1.13 | $0.70 | $0.22 | Curr Assets: | |
| EPS: | Liabilities: | $227.97 | |||
| Prior EPS: | Curr Liab: | $202.16 | |||
| Cash Flow/Oper: | $1.13 | $1.13 | $1.04 | Equity: | $19.79 |
| Cash Flow/Fin: | $11.99 | $13.52 | $7.06 | Cash: | $3.67 |
| Cash Flow/Inv: | -$18.02 | -$13.60 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |
| Officer Name | Title | Age |
| Barbara L. Olafsson | Corporate Secretary | |
| Denise M. Renaghan | Executive Vice President and Chief Operating Officer | |
| John F. Murphy | President, Chief Executive Officer, Treasurer and Chairman of the Board of Directors | 57 |