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CDCT Bancshares, Inc.
312 Main Street, Smithville, TX 78957 * (512) 237-2482
Business Description CBCT Bancshares, Inc. will be the holding company for Community Bank when the Company's conversion to stock form is complete. CBCT Bancshares, Inc. was formed in March 2000.
Filing
Information

Not yet
public

To Trade As  - - (OTC) Industry  Financial (SIC 6035)
Type of Stock Offered Common Shares Filing Date  6/15/00
Domestic Shares Filed 281,031 Filing Price  $10.00
Foreign Shares Filed  0 Offering Amount  $2,810,310
Company Shares  281,031 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
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 3 Months Ending
Figures in U.S. millions except per share data     12/31/97 12/31/98 12/31/99 3/31/99 3/31/00
Revenues   - - 2.525 2.589 3.050 0.692 0.757
Income from Oper.   - - - - - - -
Net Income   - - 0.176 0.212 0.168 0.043 -0.547
E.P.S   - - - - - - -
Revenue Growth (%)      - - 2.53 17.806   9.39
Net Income Growth (%)      - - 20.45 -20.75   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - 6.97 8.19 5.51 - 6.21
Cash Flow - Oper.     0.06 - -
Cash Flow - Inv.     -4.36 - -
Cash Flow - Fin.     3.61 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 3/31/00 Financial Ratios
Total Assets    40.66 Current Assets    - Current Ratio    -
Total Liab.    37.85 Current Liab.    30.43 Debt Ratio    93.09%
Total Equity    2.81 Working Cap.    - Debt to Equity Ratio    13.47
Cash    -    Return on Assets   0.41%
Use Of
Proceeds
The proceeds from the proposed offering will be initially placed in short-term investments for general corporate purposes and retained by CBCT Bancshares, Inc.; for eEmployee stock ownership plan loan; and used to buy the stock of Community Bank.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Silver, Freedman & Taff
Bank's Law Firm  Selman, Munson & Lerner, P.C.
Registrar/Transfer Agent  American Securities Transfer and Trust
Auditor  Padgett, Stratemann & Co., L.L.P.
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Last updated: 6/25/00 10:48:39 PM
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