1st Constitution Bancorp
1st Constitution Bancorp returned its bailout funds on Oct. 27, 2010
| Disbursed | $12,000,000 |
| Returned | $12,000,000 |
| Revenue to Gov't | $1,433,242 |
| Profit | $1,433,242 |
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Map: Corporate headquarters of 1st Constitution Bancorp.
Cranbury,
N.J.
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We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .
- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
- Our bailout recipient list tracks the companies to which Treasury has committed money.
- In the bailout map, we track bailout recipients by state.
Events
-
$327K Revenue
Nov. 18, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$120K Revenue
Oct. 27, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$12M Payback
Oct. 27, 2010 Repayment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$150K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$150K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$150K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$150K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$150K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$237K Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$12M Bailout
Dec. 23, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 11/18/2011 | Warrant | $326,576 | CPP | Warrant Proceeds |
| 10/27/2010 | Refund | $12,000,000 | CPP | Repayment |
| 10/27/2010 | Dividend | $120,000 | CPP | Dividend - Cumulative |
| 08/16/2010 | Dividend | $150,000 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $150,000 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $150,000 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $150,000 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $150,000 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $236,667 | CPP | Dividends Paid Through 5/31/2009 |
| 12/23/2008 | Purchase | $12,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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