| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Southern Heritage Bancorp, Inc. |
| 3461 Atlanta Highway, Flowery Brach, GA 30542 * (770) 532-4537 |
| The company is in the process of being organized as a state-chartered bank under Georgia law. |
| Manager | Tier | Phone |
| Non Underwritten Offering | Lead Manager |
| Employees: | 0 | Financial: | SIC 6712 | |
| Type of Shares: | Common Shares | Filing Date: | 3/4/98 | |
| U.S. Shares Filed: | 1,000,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $10,000,000 | |
| Primary Shares: | 1,000,000 | Expenses: | $35,000 | |
| Secondary Shares: | 0 | Post-IPO Shares: |
| Issuer's Law Firm: | Stewart, Melvin & Frost. LLP |
| Auditor: | Henry & Company, LLP |
Dollar amounts in U.S. millions except for per share data | |||||
| 10 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $0.00 | Assets: | $0.19 | ||
| Net Income: | -$0.06 | Curr Assets: | $0.06 | ||
| EPS: | Liabilities: | $0.25 | |||
| Prior EPS: | -$0.08 | Curr Liab: | $0.02 | ||
| Cash Flow/Oper: | $0.23 | Equity: | -$0.06 | ||
| Cash Flow/Fin: | -$0.13 | Cash: | $0.01 | ||
| Cash Flow/Inv: | Working Cap: | $0.04 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to purchase the common stock of the bank. |