IPO Company Profile
Current Quote | News | SEC Filings | Peer IPO Companies
Willow Grove Bancorp, Inc.
Welsh and Morristown Roads, Maple Glen, PA 19002 * (215) 646-5405

The company is a savings and loan holding company for the Willows Grove Bank.

Primary Underwriting Group
ManagerTierPhone
Charles Webb & CompanyLead Manager (614) 766-8400

Offering Information
NASNTL:WGBC Financial: SIC 6035
Type of Shares:Common Shares Filing Date:9/18/98
U.S. Shares:2,200,000 Offer Date:12/24/98
Non-U.S. Shares:0 Filing Price:$10.00
Primary Shares:2,200,000 Offer Price:$10.00
Secondary Shares:0 Gross Spread:
Offering Amount: $22,000,000 Selling:
Expenses: - Reallowance:
Post-IPO Shares: -
Employees:96

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Elias, Matz, Tiernan & Herrick
Bank's Law Firm: Stevens & Lee
Auditor: KPMG Peat Marwick

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
6/30/98 6/30/98
Revenue:$29.36Assets:$405.37
Net Income:$2.44Curr Assets:
EPS:Liabilities:$369.43
Prior EPS:Curr Liab:$340.79
Cash Flow/Oper:-$0.89Equity:$35.95
Cash Flow/Fin:$45.85Cash:$18.29
Cash Flow/Inv:-$30.88

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

©1998 IPO Data Systems, Inc. - All rights reserved.