| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Cowlitz Bancorporation |
| 927 Commerce Avenue, Longview, WA 98632 * (360) 423-9800 |
| The company is the largest commercial bank in Cowlitz County, Washington. The company provides personal and commercial lending services including real estate lending, consumer lending, mortgage origination and trust services. |
| Manager | Tier | Phone |
| Black & Company, Inc. | Lead Manager | (503) 248-9600 |
| Pacific Crest Securities Inc. | Co-manager | (503) 790-0293 |
| NASNTL: | CWLZ | Financial: | SIC 6712 | |
| Type of Shares: | Common Shares | Filing Date: | 1/15/98 | |
| U.S. Shares: | 1,200,000 | Offer Date: | 3/11/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $11.00 - $13.00 | |
| Primary Shares: | 1,200,000 | Offer Price: | $12.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.84 | |
| Offering Amount: | $14,400,000 | Selling: | $0.45 | |
| Expenses: | $300,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 3,619,872 | |||
| Employees: | 99 |
| Issuer's Law Firm: | Foster Pepper & Shefelman |
| Bank's Law Firm: | Graham & Dunn |
| Auditor: | Arthur Andersen |
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 | ||
| 12/31/97 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $13.93 | $11.67 | $10.22 | Assets: | $175.66 |
| Net Income: | $2.50 | $1.52 | $1.82 | Curr Assets: | |
| EPS: | $0.90 | $0.54 | $0.65 | Liabilities: | $162.36 |
| Prior EPS: | $0.77 | Curr Liab: | $139.09 | ||
| Cash Flow/Oper: | $4.93 | -$0.07 | $3.25 | Equity: | $13.30 |
| Cash Flow/Fin: | $25.22 | $14.93 | $15.02 | Cash: | $24.81 |
| Cash Flow/Inv: | -$23.95 | -$10.95 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness, to increase the capital of the company and for future acquisitions. |