IPO Company Profile
SEC Filings | Peer IPO Companies
Nittany Financial Corp.
637 Kennard Road, State College, PA 16801 * (814) 466-6625

The company is an S&L; holding company. The bank will accept various types of transaction and savings deposits from the general public and to make mortgage, consumer, small business and other loans.

Primary Underwriting Group
ManagerTierPhone
Non Underwritten OfferingLead Manager

Filing Information
Employees:14 Financial: SIC 6035
Type of Shares:Common Shares Filing Date:6/19/98
U.S. Shares Filed:611,000 Filing Price:$10.00
Non-U.S. Shares Filed:0 Offering Amount: $6,110,000
Primary Shares:611,000 Expenses: -
Secondary Shares:0 Post-IPO Shares:

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Malizia, Spidi, Sloane & Fisch
Auditor: Snodgrass, S.R.

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
3/31/98 3/31/98
Revenue:$0.46Assets:$0.22
Net Income:-$0.02Curr Assets:
EPS:-$1.75Liabilities:$0.07
Prior EPS:Curr Liab:
Cash Flow/Oper:-$0.02Equity:$0.15
Cash Flow/Fin:-$0.15Cash:$0.15
Cash Flow/Inv:-$0.02

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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