| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Crescent Banking Company |
| 251 Highway 515, Jasper, GA 30143 * (706) 692-2424 |
| The company is a bank holding company for Crescent Bank and Trust Company of Jasper Georgia. |
| Manager | Tier | Phone |
| Non Underwritten Offering | Lead Manager |
| Employees: | 0 | Financial: | SIC 6712 | |
| Type of Shares: | Common Shares | Filing Date: | 1/12/98 | |
| U.S. Shares Filed: | 135,000 | Filing Price: | $15.50 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $2,092,500 | |
| Primary Shares: | 135,000 | Expenses: | $45,618 | |
| Secondary Shares: | 0 | Post-IPO Shares: | 861,354 |
| Issuer's Law Firm: | Alston & Bird |
| Auditor: | Mauldin & Jenkins |
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: | $9.34 | $9.76 | $6.86 | Assets: | $105.32 |
| Net Income: | $0.58 | $0.89 | $0.42 | Curr Assets: | |
| EPS: | $0.83 | $1.26 | $0.60 | Liabilities: | $96.87 |
| Prior EPS: | $0.13 | Curr Liab: | $63.07 | ||
| Cash Flow/Oper: | -$9.88 | -$11.38 | Equity: | $8.45 | |
| Cash Flow/Fin: | $17.06 | $10.67 | Cash: | $3.06 | |
| Cash Flow/Inv: | -$7.13 | ||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to support the entry by CMS into making and servicing Federal Housing Administration mortgage loans, to increase capital to support future growth and for general corporate purposes. |