IPO Company Profile
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Anson Bancorp, Inc.
211 South Greene Street Post Office Box 249, Wadesboro, NC 28170 * (704) 694-2122

The company is a Savings and Loan Holding company for the Anson Savings Bank, SSB. The bank is a community and customer oriented North Carolina chartered mutual savings bank that has been in operation since December 1889, with a single office in NC.

Primary Underwriting Group
ManagerTierPhone
Trident Securities, Inc.Lead Manager (919) 781-8900

Offering Information
OTC:ANSN Financial: SIC 6036
Type of Shares:Common Shares Filing Date:3/13/98
U.S. Shares:585,000 Offer Date:6/22/98
Non-U.S. Shares:0 Filing Price:$10.00
Primary Shares:585,000 Offer Price:$10.00
Secondary Shares:0 Gross Spread:
Offering Amount: $5,850,000 Selling:
Expenses: - Reallowance:
Post-IPO Shares: -
Employees:5

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Brooks, Pierce, McLendon, Humphrey & Leonard, LLP
Bank's Law Firm: Thacher Proffitt & Wood
Auditor: Faulkner and Thompson, P.A.

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
Audited
Income
Balance
Sheet
6/30/97 12/31/97 12/31/96 12/31/97
Revenue:$1.45$0.72$0.74Assets:$20.72
Net Income:$0.05$0.06-$0.02Curr Assets:
EPS:Liabilities:$16.86
Prior EPS:Curr Liab:$16.66
Cash Flow/Oper:$0.09$0.04-$0.08Equity:$3.86
Cash Flow/Fin:$1.04-$0.43$0.07Cash:$0.17
Cash Flow/Inv:$1.78-$0.34

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

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