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Alamogordo Financial Corporation
500 10th Street, Alamogordo, NM 88310 * (505) 437-9334
Business Description The company is a bank holding company for the Alamogordo Federal.
Offering
Information

Company has
gone public

Trading As  ALMG (OTC) Industry  Financial (SIC 6712)
Type of Stock Offered  Common Shares Filing Date  12/16/99
Domestic Shares Offered  640,000 Offer Date  5/16/00
Foreign Shares Offered  0 Filing Price  $10.00
Company Shares  640,000 Offer Price  $10.00
Selling Shrhldrs Shares  0 Gross Spread  - -
Gross Proceeds  $6,400,000 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 3 Months Ending
Figures in U.S. millions except per share data       6/30/98 6/30/99 9/30/98 9/30/99
Revenues   - - - - - - -
Income from Oper.   - - - - - - -
Net Income   - - - 1.115 0.678 0.138 0.229
E.P.S   - - - - - - -
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -39.14   66.08
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     1.18 0.60 0.02
Cash Flow - Inv.     -13.54 5.30 3.54
Cash Flow - Fin.     14.53 -4.42 0.57
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/99 Financial Ratios
Total Assets    156.68 Current Assets    - Current Ratio    -
Total Liab.    134.05 Current Liab.    - Debt Ratio    85.55%
Total Equity    22.63 Working Cap.    - Debt to Equity Ratio    5.92
Cash    10.35    Return on Assets   0.15%
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Luse Lehman Gorman Pomerenk & Schick
Auditor  Accounting & Consulting Group, LLP. The
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Last updated: 5/29/00 12:55:54 AM
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