LUSE GORMAN, PC
Attorneys at Law
5335 Wisconsin Avenue, N.W., Suite 780
Washington, D.C. 20015
Telephone (202) 274-2000
Facsimile (202) 362-2902
www.luselaw.com
| writer's direct dial number | writer’s e-mail |
| (202) 274-2003 | mbrown@luselaw.com |
May 10, 2017
Via EDGAR
Christina Harley
Staff Accountant
Office of Financial Services
United States Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
| Re: | Eagle Financial Bancorp, Inc. | |
| Registration Statement on Form S-1 | ||
| Filed March 9, 2017; File No. 333-216576 |
Dear Ms. Harley:
On behalf of Eagle Savings Bank (the “Bank”), an Ohio-chartered mutual savings and loan association, and Eagle Financial Bancorp, Inc., a Maryland corporation (the “New Holding Company”), we are hereby filing the following response to a comment received from the staff of the Securities and Exchange Commission by telephone on May 8, 2017. On the date hereof we are also filing Pre-Effective Amendment No. 2 (“Amendment No. 2”) to the New Holding Company’s Registration Statement referenced above. The prospectus contained in Amendment No. 2 has been marked pursuant to SEC Rule 472.
Financial Statements
Note 16. Recent Accounting Pronouncements, pgs F-40 to F-42.
| 1. | We note from your disclosure on pg 15 that you qualify as an emerging growth company and that you have elected to use the extended transition period to delay adoption of new or revised accounting pronouncements (i.e., to comply with new or amended accounting pronouncements in the same manner as a private company). Please expand your disclosure to specify the dates on which adoption is required and the date on which you plan to adopt the recently issued accounting standard, assuming you shall remain an emerging growth company, at that date. Please refer to question 14 of the Jumpstart Our Business Startups Act frequently asked |
LUSE GORMAN, PC
Attorneys at Law
Christina Harley
May 10, 2017
Page 2
questions document available on our website: https://www.sec.gov/division/corpfin/guidance/cfjjobsactfaq-title-i-general.htm.
The requested revisions have been made.
* * *
We believe the foregoing is responsive to the Staff’s comments. Please direct any comments or questions to the undersigned at (202) 274-2003.
| Sincerely, | |
| /s/ Michael J. Brown | |
| Michael J. Brown |
Enclosures
| cc: | Dietrich A. King, Assistant Director, SEC |
| William H. Dorton, Staff Attorney, SEC | |
| Yolanda Trotter, Staff Accountant, SEC | |
| Mr. Gary J. Koester, Eagle Financial Bancorp, Inc. | |
| Jason L. Hodges, Esq., Vorys, Sater, Seymour & Pease LLP | |
| Kip Weissman, Luse Gorman, PC |
