THE COLONIAL BANCGROUP, INC.
The Colonial BancGroup, Inc. is an Alabama-based bank holding company and
financial holding company which conducts, through its wholly-owned banking
subsidiary, Colonial Bank, N.A., a general commercial banking business through
273 branches in Alabama, Florida, Georgia, Nevada, Tennessee and Texas. Colonial
Bank, N.A. provides corporate and retail banking products and services,
including cash management, electronic banking, mortgage banking and wealth
management services. Colonial BancGroup also offers retail and discount
brokerage services through our broker-dealer, Colonial Brokerage Inc. At
June 30, 2003 Colonial BancGroup had total assets of $16.2 billion, total loans
of $11.8 billion, total deposits of $9.1 billion and total stockholders’ equity
of $1.1 billion.
COLONIAL CAPITAL TRUST IV
Colonial Capital Trust IV is a statutory trust created under Delaware law
• a declaration of trust, dated as of August 22, 2003, executed by
Colonial BancGroup, as sponsor, and certain of the trustees of Colonial Capital
Trust IV; and
• the filing of a certificate of trust with the Secretary of State of
the State of Delaware on August 22, 2003.
The declaration will be amended and restated in its entirety, as so amended and
restated, the “declaration,” substantially in the form filed as an exhibit to
the registration statement which contains this prospectus. The declaration will
be qualified as an indenture under the Trust Indenture Act of 1939, as amended,
the “Trust Indenture Act.”
Colonial Capital Trust IV exists for the exclusive purposes of:
(1) issuing and selling the trust securities representing undivided
beneficial interests in the assets of Colonial Capital Trust IV;
(2) investing the gross proceeds of the trust securities in the junior
(3) making distributions; and
(4) engaging only in other necessary or incidental activities.
The junior subordinated debentures will be the sole assets of Colonial Capital
Prior to the issuance of the preferred securities, Colonial BancGroup will
directly or indirectly acquire common securities in an aggregate liquidation
amount equal to at least 3% of the total capital of Colonial Capital Trust IV.
Upon issuance of the preferred securities, the purchasers will own all of the