First Bank of Charleston
First Bank of Charleston returned its bailout funds on Jul. 21, 2011
| Disbursed | $3,345,000 |
| Returned | $3,345,000 |
| Revenue to Gov't | $615,105 |
| Profit | $615,105 |
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Map: Corporate headquarters of First Bank of Charleston.
Charleston,
W.Va.
See all recipients in West Virginia
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Events
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$33K Revenue
Jul. 21, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$3M Payback
Jul. 21, 2011 Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institution’s participation in the Small Business Lending Fund.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$167K Revenue
Jul. 21, 2011 Warrant Proceeds
Part of Capital Purchase Program -
$46K Revenue
May 13, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$46K Revenue
Feb. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$46K Revenue
Nov. 15, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$46K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$46K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$46K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$46K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$46K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$50K 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 -
$3M Bailout
Feb. 6, 2009 Purchase - Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 07/21/2011 | Warrant | $167,000 | CPP | Warrant Proceeds |
| 07/21/2011 | Refund | $3,345,000 | CPP | Repayment |
| 07/21/2011 | Dividend | $33,418 | CPP | Dividend - Cumulative |
| 05/13/2011 | Dividend | $45,570 | CPP | Dividend - Cumulative |
| 02/15/2011 | Dividend | $45,570 | CPP | Dividend - Cumulative |
| 11/15/2010 | Dividend | $45,570 | CPP | Dividend - Cumulative |
| 08/16/2010 | Dividend | $45,570 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $45,570 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $45,570 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $45,570 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $45,570 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $50,127 | CPP | Dividends Paid Through 5/31/2009 |
| 02/06/2009 | Purchase | $3,345,000 | CPP | Purchase - Preferred Stock w/ Exercised Warrants |
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