| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Colorado Business Bancshares, Inc. |
| 821 Seventeenth Street, Denver, CO 80202 * (303) 293-2265 |
| The company is a bank holding company that owns the Colorado Bank, N.A., a full service, commercial banking institution with five locations in the Denver metropolitan area. |
| Manager | Tier | Phone |
| Dain Rauscher Incorporated | Lead Manager | (612) 371-2818 |
| NASNTL: | COBZ | Financial: | SIC 6021 | |
| Type of Shares: | Common Shares | Filing Date: | 4/14/98 | |
| U.S. Shares: | 1,400,000 | Offer Date: | 6/17/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 1,400,000 | Offer Price: | $12.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.84 | |
| Offering Amount: | $15,400,000 | Selling: | $0.48 | |
| Expenses: | $450,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 6,274,968 | |||
| Employees: | 120 |
| Issuer's Law Firm: | Dorsey & Whitney |
| Bank's Law Firm: | Sherman & Howard |
| Auditor: | Deloitte & Touche |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/98 | 12/31/97 | ||||
| Revenue: | $12.42 | Assets: | $264.06 | ||
| Net Income: | $1.85 | Curr Assets: | |||
| EPS: | $0.37 | Liabilities: | $246.63 | ||
| Prior EPS: | $0.29 | Curr Liab: | $221.06 | ||
| Cash Flow/Oper: | $2.13 | Equity: | $17.43 | ||
| Cash Flow/Fin: | $70.85 | Cash: | $15.07 | ||
| Cash Flow/Inv: | -$55.87 | ||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness, to redeem all of the company's outstanding Preferred Stock and to contribute to the capital of the bank. |