| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Community National Bancorporation |
| Ashburn, GA |
| The company is a bank holding company for Community National Bank in Ashburn, Georgia. The company operates as a full service commercial bank. |
| Manager | Tier | Phone |
| Non Underwritten Offering | Lead Manager |
| Employees: | 34 | Financial: | SIC 6036 | |
| Type of Shares: | Common Shares | Filing Date: | 4/24/98 | |
| U.S. Shares Filed: | 400,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $4,000,000 | |
| Primary Shares: | 400,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | 1,460,758 |
| Issuer's Law Firm: | Dinur & Associates, P.C. |
| Auditor: | Francis & Company |
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: | $8.81 | Assets: | $91.59 | ||
| Net Income: | $1.04 | Curr Assets: | |||
| EPS: | $0.98 | Liabilities: | $87.87 | ||
| Prior EPS: | $0.89 | Curr Liab: | $88.84 | ||
| Cash Flow/Oper: | $1.20 | Equity: | $3.73 | ||
| Cash Flow/Fin: | $13.59 | Cash: | $2.77 | ||
| Cash Flow/Inv: | -$15.89 | ||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to pay expenses of the offering, for the formation, construction and capitalization of a branch bank to be located in St. Marys, Camden County, Georgia, working capital and for general corporate purposes. |