| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Commercial Bancorp, Inc., The |
| 258 N. Nova Road, Ormond Beach, FL 32174 * (904) 672-3003 |
| The company is a newly chartered bank holding company for The Commercial Bank of Volusia County, a Florida chartered commercial bank. |
| Manager | Tier | Phone |
| Non Underwritten Offering | Lead Manager |
| Employees: | 11 | Financial: | SIC 6712 | |
| Type of Shares: | Common Shares | Filing Date: | 10/1/98 | |
| U.S. Shares Filed: | 1,200,000 | Filing Range: | $10.00 - $12.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $13,200,000 | |
| Primary Shares: | 1,200,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: |
| Issuer's Law Firm: | Igler & Dougherty, P.A. |
| Bank's Law Firm: | Nelson Mullins Riley & Scarbourough |
| Registrar/Transfer Agent: | Continental Stock Transfer & Trust Co |
| Auditor: | Hacker, Johnson, Cohen & Grieb |
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: | $0.11 | $0.43 | $0.00 | Assets: | $17.87 |
| Net Income: | -$0.26 | -$0.22 | -$0.08 | Curr Assets: | |
| EPS: | -$2.00 | -$0.48 | -$15.02 | Liabilities: | $13.77 |
| Prior EPS: | -$5.80 | Curr Liab: | $13.53 | ||
| Cash Flow/Oper: | -$0.27 | -$0.19 | -$0.45 | Equity: | $4.11 |
| Cash Flow/Fin: | $0.37 | $0.20 | $7.17 | Cash: | $2.78 |
| Cash Flow/Inv: | |||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the capitalization of the bank. |