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Rome Bancorp, Inc.
100 W. Dominick Street, Rome, NY 13440 * (315) 336-7300
Business Description The company is a S & L holding company for the Rome Savings Bank. The bank operates through 4 full service banking offices, three of which are located in Rome and one in New Hartford, New York.
Offering
Information

Company has
gone public

Trading As  ROME (NASNTL) Industry  Savings Bank (SIC 6035)
Type of Stock Offered  Common Shares Filing Date  6/11/99
Domestic Shares Offered  2,441,902 Offer Date  10/8/99
Foreign Shares Offered  0 Filing Price  $7.00
Company Shares  2,441,902 Offer Price  $7.00
Selling Shrhldrs Shares  0 Gross Spread  - -
Gross Proceeds  $17,093,314 Selling  - -
Expenses  - - Reallowance  - -
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Sandler O'Neill & Partners. L.P. Lead Manager (212) 466-7737
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 3 Months Ending
Figures in U.S. millions except per share data 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 3/31/98 3/31/99
Revenues   14.959 15.660 15.629 15.542 15.511 3.807 3.730
Income from Oper.   - - - - - - 0.389
Net Income   1.664 1.217 1.006 1.538 1.525 0.481 -
E.P.S   - - - - - - -
Revenue Growth (%)      4.69 -0.20 -0.56 -0.199   -2.02
Net Income Growth (%)      -26.86 -17.34 52.88 -0.85   -
Oper. Profit Margin (%)    - - - - - 10.43 -
Net Profit Margin (%)    11.12 7.77 6.44 9.90 9.83 - 12.63
Cash Flow - Oper.     3.49 -0.03 0.53
Cash Flow - Inv.     -0.21 3.35 -2.41
Cash Flow - Fin.     4.63 2.46 2.80
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 3/31/99 Financial Ratios
Total Assets    224.28 Current Assets    - Current Ratio    -
Total Liab.    195.34 Current Liab.    195.34 Debt Ratio    87.10%
Total Equity    28.94 Working Cap.    - Debt to Equity Ratio    6.75
Cash    8.39    Return on Assets   0.68%
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Thacher Proffitt & Wood
Bank's Law Firm  Silver, Freedman & Taff
Auditor  KPMG LLC
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Last updated: 10/17/99 11:32:14 PM
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