| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Homestead Bancorp, Inc. |
| 195 North Six Street, Ponchatoula, LA 70454 * (504) 386-3379 |
| The company is a Savings and Loan holding company for the Ponchatoula Homestead Savings, F.A. The bank is primarily engaged in attracting deposits from the general public through its offices and using such funds to originate loans secured by mortgages. |
| Manager | Tier | Phone |
| Trident Securities, Inc. | Lead Manager | (919) 781-8900 |
| NASNTL: | HSTD | Financial: | SIC 6035 | |
| Type of Shares: | Common Shares | Filing Date: | 4/2/98 | |
| U.S. Shares: | 1,120,000 | Offer Date: | 7/20/98 | |
| Non-U.S. Shares: | 0 | Filing Price: | $10.00 | |
| Primary Shares: | 1,120,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | ||
| Offering Amount: | $11,200,000 | Selling: | ||
| Expenses: | $350,000 | Reallowance: | ||
| Post-IPO Shares: | - | |||
| Employees: | 21 |
| Issuer's Law Firm: | Elias, Matz, Tiernan & Herrick |
| Bank's Law Firm: | Luse Lehman Gorman Pomerenk & Schick |
| Auditor: | General Auditor |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $4.62 | Assets: | $59.58 | ||
| Net Income: | $0.32 | Curr Assets: | |||
| EPS: | $0.51 | Liabilities: | $53.84 | ||
| Prior EPS: | $0.23 | Curr Liab: | $41.11 | ||
| Cash Flow/Oper: | $1.38 | Equity: | $5.74 | ||
| Cash Flow/Fin: | Cash: | $1.25 | |||
| Cash Flow/Inv: | $0.18 | ||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |