| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Banc Corporation, The |
| 17 North 29th Street, Birmingham, AL 35203 * (205) 326-2265 |
| The bank is a registered bank holding company headquartered in Birmingham, Alabama for the Warrior Capital Corporation. |
| Manager | Tier | Phone |
| Sterne, Agee & Leach Inc. | Lead Manager | (404) 814-3960 |
| NASNTL: | TBNC | Financial: | SIC 6035 | |
| Type of Shares: | Common Shares | Filing Date: | 11/9/98 | |
| U.S. Shares: | 1,000,000 | Offer Date: | 12/10/98 | |
| Non-U.S. Shares: | 0 | Filing Price: | $10.00 | |
| Primary Shares: | 1,000,000 | Offer Price: | $11.00 | |
| Secondary Shares: | 0 | Gross Spread: | ||
| Offering Amount: | $10,000,000 | Selling: | ||
| Expenses: | - | Reallowance: | ||
| Post-IPO Shares: | 10,647,858 | |||
| Employees: | 222 |
| Issuer's Law Firm: | Haskell Slaughter Young & Johnston |
| Bank's Law Firm: | Burr & Forman |
| Registrar/Transfer Agent: | SunTrust Bank of Atlanta |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 9/30/98 | 9/30/98 | |||
| Revenue: | $24.80 | $21.92 | Assets: | $366.20 | |
| Net Income: | $2.07 | $0.00 | Curr Assets: | ||
| EPS: | $0.29 | Liabilities: | $323.60 | ||
| Prior EPS: | $0.21 | Curr Liab: | $414.53 | ||
| Cash Flow/Oper: | $3.62 | Equity: | $42.60 | ||
| Cash Flow/Fin: | $35.59 | Cash: | |||
| Cash Flow/Inv: | -$40.53 | ||||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay outstanding debt, working capital, possible acquisitions and general corporate purposes. |