| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| United Financial Holdings, Inc. |
| 333 Third Avenue North, St. Petersburg, FL 33733 * (813) 898-2265 |
| The company is a bank holding company for the United Bank and Trust Company. |
| Manager | Tier | Phone |
| William R. Hough & Co. | Lead Manager |
| NASSCM: | UFHI | Financial: | SIC 6022 | |
| Type of Shares: | Common Shares | Filing Date: | 7/31/98 | |
| U.S. Shares: | 750,000 | Offer Date: | ||
| Non-U.S. Shares: | 0 | Filing Range: | $9.00 - $11.00 | |
| Primary Shares: | 600,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 150,000 | Gross Spread: | ||
| Offering Amount: | $7,500,000 | Selling: | ||
| Expenses: | $400,000 | Reallowance: | ||
| Post-IPO Shares: | 4,113,858 | |||
| Employees: | 84 |
| Issuer's Law Firm: | Holland & Knight |
| Bank's Law Firm: | Smith, Mackinnon, Greeley, Bowdoin & Edwards, P.A. |
| Auditor: | Grant Thornton |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 6/30/98 | 6/30/97 | 6/30/98 | ||
| Revenue: | $14.03 | $7.92 | $6.62 | Assets: | $178.15 |
| Net Income: | $1.41 | $0.79 | $0.47 | Curr Assets: | |
| EPS: | $0.41 | $0.22 | $0.13 | Liabilities: | $166.70 |
| Prior EPS: | $0.47 | Curr Liab: | $157.69 | ||
| Cash Flow/Oper: | -$0.39 | $0.57 | $1.04 | Equity: | $11.45 |
| Cash Flow/Fin: | $22.83 | $30.29 | $5.10 | Cash: | $7.82 |
| Cash Flow/Inv: | -$23.01 | -$30.38 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness, contribute to the capital of the bank, find future acquisitions, working capital and for general corporate purposes. |