| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| First Niles Financial, Inc. |
| 55 N. Main Street, Niles, OH 44446 * (330) 652-2539 |
| The company is an S&L; holding company for the Home Federal Savings and Loan Association of Niles. The bank provides banking and financial services to individuals, families and small businesses. |
| Manager | Tier | Phone |
| Charles Webb & Company | Lead Manager | (614) 766-8400 |
| NASNTL: | FNFI | Financial: | SIC 6035 | |
| Type of Shares: | Common Shares | Filing Date: | 7/10/98 | |
| U.S. Shares: | 1,754,411 | Offer Date: | 10/26/98 | |
| Non-U.S. Shares: | 0 | Filing Price: | $10.00 | |
| Primary Shares: | 1,754,411 | Offer Price: | $10.00 | |
| Secondary Shares: | 0 | Gross Spread: | ||
| Offering Amount: | $17,544,110 | Selling: | ||
| Expenses: | - | Reallowance: | ||
| Post-IPO Shares: | - | |||
| Employees: | 13 |
| Issuer's Law Firm: | Silver, Freedman & Taff |
| Bank's Law Firm: | Vorys Sater Seymour Pease |
| Auditor: | Annes, Gerlach & Williams |
Dollar amounts in U.S. millions except for per share data | |||||
| 4 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 4/30/98 | 4/30/97 | 4/30/98 | ||
| Revenue: | $5.03 | $2.14 | $1.66 | Assets: | $72.54 |
| Net Income: | $0.39 | $0.29 | $0.30 | Curr Assets: | |
| EPS: | Liabilities: | $60.35 | |||
| Prior EPS: | Curr Liab: | $57.77 | |||
| Cash Flow/Oper: | $0.52 | -$0.10 | $0.04 | Equity: | $12.19 |
| Cash Flow/Fin: | $0.08 | -$0.09 | $0.01 | Cash: | $0.55 |
| Cash Flow/Inv: | -$0.43 | -$0.09 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |