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Dutchfork Bancshares, Inc.
1211 Semoran Blvd., Suite 217, Casselberry, FL 32707 * (407) 673-8500
Business Description The company is a bank holding for Newberry Federal Savings Bank.
Filing
Information

Not yet
public

To Trade As  DFBS (NASSCM) Industry  Not Classified
Type of Stock Offered Common Shares Filing Date  3/8/00
Domestic Shares Filed 1,495,000 Filing Price  $10.00
Foreign Shares Filed  0 Offering Amount  $14,950,000
Company Shares  1,495,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Trident Securities, Inc. Lead Manager (919) 781-8900
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       9/30/98 9/30/99 12/31/98 12/31/99
Revenues   - - - - - - -
Income from Oper.   - - - - - - -
Net Income   - - - 1.251 1.014 0.232 0.298
E.P.S   - - - - - - -
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -18.95   28.40
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     0.32 -1.02 11.66
Cash Flow - Inv.     -32.84 -1.68 -14.10
Cash Flow - Fin.     21.82 1.43 5.31
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    226.60 Current Assets    - Current Ratio    -
Total Liab.    210.47 Current Liab.    - Debt Ratio    92.88%
Total Equity    16.13 Working Cap.    - Debt to Equity Ratio    13.05
Cash    6.12    Return on Assets   0.13%
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  Elias, Matz, Tiernan & Herrick
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Last updated: 5/29/00 12:56:18 AM
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