IPO Company Profile
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Republic Banking Corporation of Florida
2800 Ponce de Leon Boulevard, Coral Gables, FL 33134 * (305) 441-7300

The company was chartered in 1965 as a national bank with one banking office in Miami, Florida. The bank acts as a community bank, serving the needs of businesses and individuals located in Miami-Dade County, Florida.

Primary Underwriting Group
ManagerTierPhone
Keefe, Bruyette & Woods, Inc.Lead Manager (212) 323-8470
CIBC Oppenheimer & CompanyCo-manager (212) 667-7400

Offering Information
NASNTL:RBCF Financial: SIC 6035
Type of Shares:Common Shares Filing Date:12/1/97
U.S. Shares:2,000,000 Offer Date:2/11/98
Non-U.S. Shares:0 Filing Range:$14.00 - $16.00
Primary Shares:933,270 Offer Price:$15.00
Secondary Shares:1,066,730 Gross Spread:$1.05
Offering Amount: $30,000,000 Selling:$0.63
Expenses:$800,000 Reallowance:$0.10
Post-IPO Shares:21,026,399

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Greenberg Traurig Hoffman Lipoff Rosen & Quentel
Bank's Law Firm: White & Case
Registrar/Transfer Agent: American Stock Transfer & Trust Co
Auditor: Price Waterhouse

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
9 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/96 9/30/97 9/30/96 9/30/97
Revenue:$128.37$103.85$95.18Assets:$1,517.53
Net Income:$18.98$14.85$12.87Curr Assets:
EPS:$0.96$0.75$0.68Liabilities:$1,375.54
Prior EPS:$0.94$17.19$20.62Curr Liab:$1,298.54
Cash Flow/Oper:$25.65-$7.86$111.92Equity:$141.99
Cash Flow/Fin:$170.57-$40.30-$103.42Cash:$98.22
Cash Flow/Inv:-$161.46-$40.30

Use of Proceeds
The proceeds from the proposed offering will be invested in the capital of the bank to support future growth in its business and for working capital and other general corporate purposes.

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