New Bancorp, Inc. has filed an IPO in the amount of $10.3155 million.

New Bancorp Inc., is a holding company of New Buffalo Savings Bank. The Company operates as the savings and loan holding company for New Buffalo Savings Bank that provides banking services in the United States. The company's deposit products include non-interest-bearing and interest-bearing demand accounts, savings accounts, money market accounts and certificates of deposit. The Company's loan portfolio comprises one to four family residential real estate loans, commercial real estate loans, construction and land loans, commercial business loans, and consumer loans. The Company is focuses includes increasing the asset size, diversifying loan portfolio to increase non-residential lending, including primarily by increasing commercial real estate lending and increasing non-interest income through sales of loans. The company operates through its main office in New Buffalo, Michigan and two full-service banking offices located in Three Oaks and Sawyer, Michigan.