IPO Company Profile © ipodata.com
Message Board  |   SEC Filings  |   Peer IPO Companies
Heritage Bancshares, Inc.
102 West High Street, Terrell, TX 75160 * (972) 563-2657
Business Description The company is a savings and loan holding company for the Heritage Savings Bank. Heritage Bank's business consists principally of attracting deposits from the general public and using those funds to originate loans secured by one- to four-family residential properties.
Filing
Information

Not yet
public

To Trade As  - - (NASNTL) Industry  Financial (SIC 6712)
Type of Stock Offered Common Shares Filing Date  10/2/2001
Domestic Shares Filed 437,000 Filing Price  $10.00
Foreign Shares Filed  0 Offering Amount  $4,370,000
Company Shares  437,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Keefe, Bruyette & Woods, Inc. Lead Manager (212) 323-8470
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 6 Months Ending
Figures in U.S. millions except per share data       12/31/1999 12/31/2000 6/30/2000 6/30/2001
Revenues   - - - 2.855 2.973 1.556 1.575
Income from Oper.   - - - - - - -
Net Income   - - - -1.248 0.377 0.019 0.405
E.P.S   - - - - - - -
Revenue Growth (%)      - - - 4.133   1.22
Net Income Growth (%)      - - - -   2,031.58
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - 12.68 25.71 1.22
Cash Flow - Oper.     -0.85 0.35 0.22
Cash Flow - Inv.     -1.32 3.15 0.13
Cash Flow - Fin.     2.17 -2.26 -3.23
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/2001 Financial Ratios
Total Assets    39.57 Current Assets    - Current Ratio    -
Total Liab.    35.66 Current Liab.    - Debt Ratio    90.13%
Total Equity    3.91 Working Cap.    - Debt to Equity Ratio    9.13
Cash    0.73    Return on Assets   1.02%
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Elias, Matz, Tiernan & Herrick
Bank's Law Firm  Silver, Freedman & Taff
Auditor  Payne Falkner Smith & Jones, P.C
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 10/14/2001 10:10:42 PM
© 2001 IPO Data Systems, Inc. - All rights reserved.