| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Florida Banks, Inc. |
| 4110 Southpoint Boulevard, Suite 212 Southpoint Square II, Jacksonville, FL 32216 * (904) 296-2329 |
| The company was incorporated to create a statewide community banking system focusing on the largest and fastest growing markets in Florida. The company will acquire First National Bank of Tampa as its entry into the Tampa/Hillsborough County market areas |
| Manager | Tier | Phone |
| Robinson-Humphrey Company, Inc., The | Lead Manager | (404) 266-6450 |
| Interstate/Johnson Lane Corp | Co-manager | (404) 840-5030 |
| NASNTL: | FLBK | Financial: | SIC 6712 | |
| Type of Shares: | Common Shares | Filing Date: | 4/23/98 | |
| U.S. Shares: | 4,000,000 | Offer Date: | 7/29/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 4,000,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.70 | |
| Offering Amount: | $44,000,000 | Selling: | $0.40 | |
| Expenses: | $450,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 5,627,800 | |||
| Employees: | 4 |
| Issuer's Law Firm: | Smith, Gambrell & Russell |
| Bank's Law Firm: | Alston & Bird |
| Registrar/Transfer Agent: | SunTrust Bank of Atlanta |
| 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 | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $4.81 | Assets: | $60.40 | ||
| Net Income: | $0.38 | Curr Assets: | |||
| EPS: | $0.21 | Liabilities: | $54.08 | ||
| Prior EPS: | $0.21 | Curr Liab: | $45.46 | ||
| Cash Flow/Oper: | Equity: | $6.31 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to provide the bank with additional growth capital, redeem outstanding company preferred stock, fund expansion through branching and the acquisition of existing banks and for general corporate purposes. |