First Community Bancshares
First Community Bancshares returned its bailout funds on Jul. 8, 2009
| Disbursed | $41,500,000 |
| Returned | $41,500,000 |
| Revenue to Gov't | $1,339,002 |
| Profit | $1,339,002 |
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Map: Corporate headquarters of First Community Bancshares.
Bluefield,
Va.
See all recipients in Virginia
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About This Project
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
-
$31K Revenue
Nov. 18, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$42M Payback
Jul. 8, 2009
Part of Capital Purchase ProgramMore info from www.snl.com -
$305K Revenue
Jul. 8, 2009 Dividend Paid
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$1M Revenue
May 15, 2009 Dividends Paid Through 5/15/2009
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$42M Bailout
Nov. 21, 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 | $30,600 | CPP | Warrant Proceeds |
| 07/08/2009 | Refund | $41,500,000 | CPP | |
| 07/08/2009 | Dividend | $305,486 | CPP | Dividend Paid |
| 05/15/2009 | Dividend | $1,002,917 | CPP | Dividends Paid Through 5/15/2009 |
| 11/21/2008 | Purchase | $41,500,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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