| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| PSB Bancgroup, Inc. |
| 220 South First Street, Lake City, FL 32025 * (904) 754-0002 |
| The company is a bank holding company for Peoples State Bank of Lake City, Florida. |
| Manager | Tier | Phone |
| Non Underwritten Offering | Lead Manager |
| Employees: | 0 | Financial: | SIC 6712 | |
| Type of Shares: | Common Shares | Filing Date: | 1/13/98 | |
| U.S. Shares Filed: | 1,333,000 | Filing Price: | $9.50 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $12,663,500 | |
| Primary Shares: | 1,333,000 | Expenses: | $0 | |
| Secondary Shares: | 0 | Post-IPO Shares: |
| Issuer's Law Firm: | Igler & Dougherty, P.A. |
| Auditor: | Hacker, Johnson, Cohen & Grieb |
Dollar amounts in U.S. millions except for per share data | |||||
| 5 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 10/31/97 | 10/31/97 | ||||
| Revenue: | $0.00 | Assets: | $0.11 | ||
| Net Income: | -$0.07 | Curr Assets: | |||
| EPS: | Liabilities: | $0.00 | |||
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | -$0.07 | Equity: | $0.11 | ||
| Cash Flow/Fin: | $0.18 | Cash: | |||
| Cash Flow/Inv: | |||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to purchase 100% of the issued and outstanding capital stock of the bank and for general corporate purposes. |
| # of Units: | 1,333,000 | |||
| Unit Ticker: | - | Unit Price: | ||
| Warrant Ticker: | Z | Warrant Price: | ||
| Warrant Exercise Date: | Warrant Exercise Price: | |||
| Warrant Expiration Date: | ||||
| Warrant Detachable: | Yes | Warrant Detach Date: | ||
| Warrant Callable: | No |
| Unit Composition: 1 Common Share + 1 Warrant |
| Warrant Entitlement: 1 Common Share |