IPO Company Profile © ipodata.com
Message Board  |   SEC Filings  |   Peer IPO Companies
Firstier Corporation
11210 Huron Street, Northglenn, CO 80234 * (303) 451-1010
Business Description The company is a multi-bank holding company. The company provides full service community banking through 18 locations in two banks located in Colorado and Nebraska.
Filing
Information

Not yet
public

To Trade As  FTCO (NASNTL) Industry  Financial (SIC 6712)
Type of Stock Offered Common Shares Filing Date  12/21/1999
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $43,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
U.S. Bancorp Piper Jaffray Lead Manager (612) 342-6220
Keefe, Bruyette & Woods, Inc. Co-manager (212) 323-8470
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data   12/31/1995 12/31/1996 12/31/1997 12/31/1998 09/30/1998 09/30/1999
Revenues   - 6.544 7.908 16.263 26.754 18.715 32.132
Income from Oper.   - - - - - - -
Net Income   - 1.442 1.570 2.497 3.375 2.953 3.450
E.P.S   - 0.220 0.240 0.360 0.460 0.400 0.460
Revenue Growth (%)      - 20.84 105.65 64.508   71.69
Net Income Growth (%)      - 8.88 59.04 35.16   16.83
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - 22.04 19.85 15.35 12.61 10.74 15.78
Cash Flow - Oper.     3.58 2.70 6.05
Cash Flow - Inv.     -135.37 -102.66 -229.95
Cash Flow - Fin.     135.25 104.19 236.98
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 09/30/1999 Financial Ratios
Total Assets    608.14 Current Assets    - Current Ratio    -
Total Liab.    583.82 Current Liab.    - Debt Ratio    96.00%
Total Equity    24.33 Working Cap.    - Debt to Equity Ratio    24.00
Cash    26.98    Return on Assets   0.57%
Use Of
Proceeds
The proceeds from the proposed offering will be used to repay all amounts outstanding under a line of credit, to fund loans to originated for the mezzanine lending business and contribute the remainder as capital for the banks.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Jones & Keller
Bank's Law Firm  Faegre & Benson
Registrar/Transfer Agent  American Securities Transfer and Trust
Auditor  Clifton Gunderson L.L.C.
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 01/16/2000 8:40:24 PM
© 1999 IPO Data Systems, Inc. - All rights reserved.