| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Admiralty Bancorp, Inc. |
| 4400 PGA Boulevard, Suite 200, Boca Raton, FL 33410 * (561) 624-4100 |
| The company is a bank holding company for the Admiralty Bank. |
| Manager | Tier | Phone |
| First Colonial Securities Group, Inc. | Lead Manager | (800) 828-7658 |
| NASNTL: | AAABB | Financial: | SIC 6035 | |
| Type of Shares: | Class B Common Shares | Filing Date: | 7/31/98 | |
| U.S. Shares: | 1,100,000 | Offer Date: | 9/25/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $11.00 | |
| Primary Shares: | 1,100,000 | Offer Price: | $10.50 | |
| Secondary Shares: | 0 | Gross Spread: | ||
| Offering Amount: | $11,550,000 | Selling: | ||
| Expenses: | $400,000 | Reallowance: | ||
| Post-IPO Shares: | 2,216,640 | |||
| Employees: | 34 |
| Issuer's Law Firm: | Jamieson, Moore, Peskin & Spicer |
| Bank's Law Firm: | Greenberg Traurig Hoffman Lipoff Rosen & Quentel |
| Registrar/Transfer Agent: | StockTrans, Inc. |
| Auditor: | Grant Thornton |
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 | ||
| 12/31/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $5.36 | $1.06 | $1.27 | Assets: | $43.44 |
| Net Income: | $1.26 | $0.09 | $0.23 | Curr Assets: | |
| EPS: | $0.08 | Liabilities: | $40.46 | ||
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | $1.36 | $0.61 | $1.39 | Equity: | $2.98 |
| Cash Flow/Fin: | $2.96 | -$3.15 | $1.67 | Cash: | $3.49 |
| Cash Flow/Inv: | -$6.92 | -$0.84 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to satsify payments owed to existing shareholders and to support the continuing expansion of the bank's business through increased lending and investment activities and the opeing and purchasing of additional branches. |