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Security Financial Bancorp, Inc.
9321 Wicker Avenue, St. John, IN 46373 * (219) 365-4344
Business Description The company is a savings and loan holding company for the Security Federal Bank, FSB. The bank is a community bank dedicated to serving the financial service needs of consumers within its primary market area. Currently, the bank operates out of its main office in St. John Indiana and its six branch offices in Lake and Porter counties.
Offering
Information

Company has
gone public

Trading As  SFBI (NASSCM) Industry  Savings Bank (SIC 6035)
Type of Stock Offered  Common Shares Filing Date  9/20/99
Domestic Shares Offered  2,415,000 Offer Date  1/5/00
Foreign Shares Offered  0 Filing Price  $10.00
Company Shares  2,415,000 Offer Price  $10.00
Selling Shrhldrs Shares  0 Gross Spread  - -
Gross Proceeds  $24,150,000 Selling  - -
Expenses  - - Reallowance  - -
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Charles Webb & Company Lead Manager (614) 766-8400
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data       6/30/98 6/30/99    
Revenues   - - - 23.895 17.779 - -
Income from Oper.   - - - - - - -
Net Income   - - - -0.834 -0.608 - -
E.P.S   - - - - - - -
Revenue Growth (%)      - - - -25.595   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     54.36 - -
Cash Flow - Inv.     37.33 - -
Cash Flow - Fin.     -95.67 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/99 Financial Ratios
Total Assets    191.50 Current Assets    - Current Ratio    -
Total Liab.    172.96 Current Liab.    165.89 Debt Ratio    90.32%
Total Equity    18.53 Working Cap.    - Debt to Equity Ratio    9.33
Cash    4.52    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Muldoon, Murphy & Faucette
Bank's Law Firm  Barnes & Thornburg
Auditor  Crowe, Chizek and Company
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Last updated: 5/29/00 12:57:11 AM
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