| Georgia-Carolina Bancshares, Inc. | |||
| Proposed Ticker: | - | 110 East Hill Street | |
| Exchange: | None | Thompson, GA 30824 | |
| Industry: | Financial (SIC Code 6022) | (706) 595-1600 | |
| # of Employees: | 24 | ||
| Type of Shares: | Common Shares | Filing Date: | 12/5/97 | |
| U.S. Shares Filed: | 740,741 | Filing Price: | $13.50 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $10,000,004 | |
| Primary Shares: | 740,741 | Expenses: | $144,450 | |
| Secondary Shares: | 0 | Shares Out After: |
| Manager | Tier | Phone |
| A Non Underwritten Offering | Lead Manager |
| Issuer's Law Firm: | Smith, Gambrell & Russell |
| Auditor: | Cherry, Bekaert & Holland |
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 | ||
| 9/30/97 | 9/30/96 | 9/30/97 | |||
| Revenue: | $2.19 | $2.30 | Assets: | $38.08 | |
| Net Income: | $0.20 | $0.25 | Curr Assets: | ||
| EPS: | $0.32 | $0.39 | Liabilities: | $30.88 | |
| Prior EPS: | $0.46 | $0.58 | Curr Liabilities: | $30.55 | |
| Cash Flow/Oper: | -$2.58 | -$0.23 | Equity: | $7.19 | |
| Cash Flow/Fin: | $2.08 | -$0.19 | Cash: | $1.13 | |
| Cash Flow/Inv: | $2.08 | ||||
| Business Description |
| The company is a bank holding company for First Bank of East Georgia. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to expand the company's banking presence by branching the bank into Augusta and Columbia County, GA. |