| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Niagara Bancorp, Inc. |
| 6950 South Transit Road, P.O. Box 514, Lockport, NY 14095 * (716) 625-7500 |
| The company is a bank holding company for the Lockport Savings Bank of Lockport New York. |
| Manager | Tier | Phone |
| CIBC Oppenheimer & Company | Lead Manager | (212) 667-7400 |
| Trident Securities, Inc. | Co-manager | (919) 781-8900 |
| NASNTL: | NBCP | Financial: | SIC 6712 | |
| Type of Shares: | Common Shares | Filing Date: | 12/22/97 | |
| U.S. Shares: | 29,760,000 | Offer Date: | 4/20/98 | |
| Non-U.S. Shares: | 0 | Filing Price: | $10.00 | |
| Primary Shares: | 29,760,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.00 | |
| Offering Amount: | $297,600,000 | Selling: | $0.00 | |
| Expenses: | $0 | Reallowance: | $0.00 | |
| Post-IPO Shares: | - |
| Issuer's Law Firm: | Luse Lehman Gorman Pomerenk & Schick |
| Bank's Law Firm: | Silver, Freedman & Taff |
| Registrar/Transfer Agent: | ChaseMellon Shareholder Services, L.L.C. |
| Auditor: | KPMG Peat Marwick |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/96 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $80.81 | $66.27 | $59.78 | Assets: | $1,176.45 |
| Net Income: | $10.77 | $8.63 | $8.23 | Curr Assets: | |
| EPS: | Liabilities: | $1,049.73 | |||
| Prior EPS: | Curr Liab: | $992.22 | |||
| Cash Flow/Oper: | $18.97 | $11.74 | $21.28 | Equity: | $126.72 |
| Cash Flow/Fin: | $89.60 | $68.49 | $84.51 | Cash: | $17.00 |
| Cash Flow/Inv: | -$131.77 | -$79.45 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |