| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Crusader Holding Corporation |
| 1230 Walnut Street, Philadelphia, PA 19107 * (215) 893-1500 |
| The company is a bank holding company. |
| Manager | Tier | Phone |
| Advest, Inc. | Lead Manager | (860) 509-2177 |
| NASNTL: | CRSB | Financial: | SIC 6035 | |
| Type of Shares: | Common Shares | Filing Date: | 12/15/97 | |
| U.S. Shares: | 1,000,000 | Offer Date: | 2/9/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 1,000,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.05 | |
| Offering Amount: | $15,000,000 | Selling: | $0.60 | |
| Expenses: | $400,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 3,500,000 | |||
| Employees: | 70 |
| Issuer's Law Firm: | Ballard, Spahr,Andrews & Ingersoll |
| Bank's Law Firm: | Wolf, Block, Schorr and Solis-Cohen |
| Auditor: | Grant Thornton |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 6/30/97 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $9.50 | $3.82 | $1.97 | Assets: | $134.54 |
| Net Income: | $1.15 | $0.67 | $0.23 | Curr Assets: | |
| EPS: | $0.46 | $0.31 | $0.02 | Liabilities: | $130.67 |
| Prior EPS: | $0.07 | Curr Liab: | $110.63 | ||
| Cash Flow/Oper: | -$2.22 | -$9.37 | $1.74 | Equity: | $3.87 |
| Cash Flow/Fin: | $34.59 | $15.66 | $6.74 | Cash: | $0.68 |
| Cash Flow/Inv: | -$33.25 | -$5.94 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness and to be used as capital for the bank. |