IPO Company Profile
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CNB Holdings, Inc.
1303 Hightower Trial, Suite 130, Atlanta, GA 30350 * (770) 650-8262

The company is a bank holding company for the Chattahoochee National Bank of Alpharetta, Georgia. The bank intends to engage in a general commercial banking business, emphasizing the banking needs of individuals and small and medium businesses.

Primary Underwriting Group
ManagerTierPhone
J.C. Bradford & Co.Lead Manager (615) 748-9347

Offering Information
NASSCM:CHGD Financial: SIC 6035
Type of Shares:Common Shares Filing Date:4/1/98
U.S. Shares:900,000 Offer Date:6/8/98
Non-U.S. Shares:0 Filing Price:$10.00
Primary Shares:900,000 Offer Price:$10.00
Secondary Shares:0 Gross Spread:$0.82
Offering Amount: $9,000,000 Selling:$0.45
Expenses:$150,000 Reallowance:$0.10
Post-IPO Shares:1,100,000
Employees:9

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Troutman Sanders LLP, of Atlanta, Georgia
Bank's Law Firm: Waller Lansden Dortch & Davis
Auditor: Bricker & Melton, P.A.

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
2 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 12/31/97
Revenue:$0.01Assets:$0.20
Net Income:-$0.03Curr Assets:$0.06
EPS:Liabilities:$0.10
Prior EPS:Curr Liab:$0.10
Cash Flow/Oper:-$0.01Equity:$0.09
Cash Flow/Fin:$0.18Cash:$0.06
Cash Flow/Inv:-$0.11Working Cap:-$0.04

Use of Proceeds
The proceeds from the proposed offering will be used to pay organizational expenses of the company and for working capital and for general corporate purposes.

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