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First Federal Bancshares, Inc.
109 East Depot Street, Colchester, IL 62326 * (309) 776-3225
Business Description The company is a savings and loan holding company for the First Federal Bank of Colchester, IL.
Filing
Information

Not yet
public

To Trade As  - - (NASNTL) Industry  Savings Bank (SIC 6035)
Type of Stock Offered Common Shares Filing Date  5/5/00
Domestic Shares Filed 2,242,500 Filing Price  $10.00
Foreign Shares Filed  0 Offering Amount  $22,425,000
Company Shares  2,242,500 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Friedman, Billings, Ramsey & Co., Inc. Lead Manager (703) 312-9571
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     2/28/98 2/28/99 2/29/00    
Revenues   - - 12.917 13.295 13.660 - -
Income from Oper.   - - - - - - -
Net Income   - - 1.676 1.601 1.508 - -
E.P.S   - - - - - - -
Revenue Growth (%)      - - 2.93 2.745   -
Net Income Growth (%)      - - -4.47 -5.81   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - 12.98 12.04 11.04 - -
Cash Flow - Oper.     1.44 - -
Cash Flow - Inv.     -23.76 - -
Cash Flow - Fin.     11.91 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 2/29/00 Financial Ratios
Total Assets    213.19 Current Assets    - Current Ratio    -
Total Liab.    189.16 Current Liab.    - Debt Ratio    88.73%
Total Equity    24.03 Working Cap.    - Debt to Equity Ratio    7.87
Cash    5.76    Return on Assets   0.71%
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  Vedder Price Kaufman & Kammholz
Auditor  Crowe, Chizek and Company
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Last updated: 5/29/00 12:56:25 AM
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