Brooklyn Heights Bancorp
Proposed Ticker: - 186 Montgue Street
Exchange:Over-the-Counter Market Brooklyn, NY 11201
Industry:Financial (SIC Code 6712) (718) 855-3555

Filing Information
Type of Shares:Common Shares Filing Date:12/31/97
U.S. Shares Filed:608,350 Filing Price:$10.00
Non-U.S. Shares Filed:0 Offering Amount: $6,083,500
Primary Shares:608,350 Expenses: -
Secondary Shares:0 Shares Out After:

Primary Underwriting Group
ManagerTierPhone
Ryan, Beck & Co.Lead Manager (201) 325-3000

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Luse Lehman Gorman Pomerenk & Schick
Bank's Law Firm: Stevens & Lee
Auditor: Sol Masch & Co.

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
6 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
3/31/97 9/30/97 9/30/96 9/30/97
Revenue:Assets:$109.89
Net Income:$0.12$0.34$0.65Curr Assets:
EPS:Liabilities:$102.68
Prior EPS:$0.94$1.53Curr Liabilities:$100.54
Cash Flow/Oper:$1.65-$0.73-$1.68Equity:$7.21
Cash Flow/Fin:$3.59-$1.05-$3.49Cash:$9.44
Cash Flow/Inv:-$6.19-$1.05

Business Description
The company is a bank holding company for the Atlantic Libery Savings Bank.

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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