Wake Forest Bancshares Company Profile - Aug 04, 2011

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Wake Forest Bancshares Company Profile - Aug 04, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Wake Forest Bancshares, Inc.
                                                                                         440 Wheelers Farms Road
                                                                                         Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in U.S. Dollars

                                  Wright Quality Rating:LLNN                                  Key Data

   Wake Forest Bancshares, Inc. is a federally-chartered stock holding company for            Ticker:
   Wake Forest Federal Savings & Loan Association, a federally-chartered stock savings        WAKE
   and loan association (the Association). The Company is a majority-owned subsidiary
   of Wake Forest Bancorp, M.H.C., a federal mutual holding company (the MHC). The            2010 Sales:
   Company conducts no business other than holding stock in the Association, investing
                                                                                              4,538,200
   dividends received from the Association, repurchasing its common stock from time to
   time, and distributing dividends on its common stock to its shareholders. The primary
   focus of the Association is to provide financing for single family housing in its market   Major Industry:
   area of northern Wake County and southern Franklin County.                                 Financial
                       Stock Chart                                   Officers
                                                                  Vice Chairman               Sub Industry:
                                                                 R. W. Wilkinson III          Savings & Loan

                                                          President, Chief Executive & Country:
                                                             Chief Financial Officer   United States
                                                                 Robert C. White
                                                                                              Currency:
                                                               Secretary & Treasurer          U.S. Dollars
                                                                  Billy B. Faulkner
                                                                                              Fiscal Year Ends:
                                                                                              September

                                                                                              Employees
                                                                                              11

                                                                                              Exchanges:
                                                                                              OTC

                                                                                              Share Type:
             Stock Price (7/29/2011): 8.00                                                    Common
               Recent stock performance
                   1 Week       0.0%
                                                                                              Market Capitalization:
    
				
DOCUMENT INFO
Description: Wake Forest Bancshares, Inc. is a federally-chartered stock holding company for Wake Forest Federal Savings & Loan Association, a federally-chartered stock savings and loan association (the Association). The Company is a majority-owned subsidiary of Wake Forest Bancorp, M.H.C., a federal mutual holding company (the MHC). The Company conducts no business other than holding stock in the Association, investing dividends received from the Association, repurchasing its common stock from time to time, and distributing dividends on its common stock to its shareholders. The primary focus of the Association is to provide financing for single family housing in its market area of northern Wake County and southern Franklin County.
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