ProPublica

Journalism in the Public Interest

First Priority Financial Corp

Malvern, Pa. | See all recipients in Pennsylvania
$9.18M Disbursed
$8.01M Returned
$1.94M Revenue to Gov't
$773K Profit
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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Events

  • $4.01M Payback

    Feb. 8, 2013 Partial Repayment

    On 2/8/2013, Treasury completed the sale of 4,579 shares of First Priority Financial Corp. Series A preferred stock at $882.90 per share (less a placement agent fee) for net proceeds of $4,002,371.11; 4,596 shares of First Priority Financial Corp. Series C preferred stock at $881.25 per share (less a placement agent fee) for net proceeds of $4,009,722.75; and 229 shares of First Priority Financial Corp. Series B preferred stock received upon the exercise of warrants at $991.21 per share (less a placement agent fee) for net proceeds of $224,717.22, pursuant to a placement agency agreement executed on 1/29/2013.

    More info from www.treasury.gov

  • $225K Revenue

    Feb. 8, 2013 Warrant Proceeds

  • $4M Payback

    Feb. 8, 2013 Partial Repayment

    On 2/8/2013, Treasury completed the sale of 4,579 shares of First Priority Financial Corp. Series A preferred stock at $882.90 per share (less a placement agent fee) for net proceeds of $4,002,371.11; 4,596 shares of First Priority Financial Corp. Series C preferred stock at $881.25 per share (less a placement agent fee) for net proceeds of $4,009,722.75; and 229 shares of First Priority Financial Corp. Series B preferred stock received upon the exercise of warrants at $991.21 per share (less a placement agent fee) for net proceeds of $224,717.22, pursuant to a placement agency agreement executed on 1/29/2013.

    More info from www.treasury.gov

  • $111K Revenue

    Feb. 8, 2013 Dividend - Cumulative

  • $120K Revenue

    Nov. 15, 2012 Dividend - Cumulative

  • $120K Revenue

    Aug. 15, 2012 Dividend - Cumulative

  • $120K Revenue

    May 15, 2012 Dividend - Cumulative

  • $120K Revenue

    Feb. 15, 2012 Dividend - Cumulative

  • $120K Revenue

    Nov. 15, 2011 Dividend - Cumulative

  • $120K Revenue

    Aug. 15, 2011 Dividend - Cumulative

  • $120K Revenue

    May 16, 2011 Dividend - Cumulative

  • $120K Revenue

    Feb. 15, 2011 Dividend - Cumulative

  • $120K Revenue

    Nov. 15, 2010 Dividend - Cumulative

  • $120K Revenue

    Aug. 16, 2010 Dividends payment

  • $120K Revenue

    May 17, 2010 Dividends payment

  • $98.8K Revenue

    Feb. 16, 2010 Dividends payment

  • $4.6M Bailout

    Dec. 18, 2009 Preferred Stock

  • $62.4K Revenue

    Nov. 16, 2009 Dividends payment

  • $62.4K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

  • $58.9K Revenue

    May 31, 2009 Dividends Paid Through 5/31/2009

    This amount reflects the sum of dividends paid up to 5/31/2009

  • $4.58M Bailout

    Feb. 20, 2009 Purchase - Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
02/08/2013 Dividend $110,540 CPP Dividend - Cumulative
02/08/2013 Refund $4,002,371 CPP Partial Repayment
02/08/2013 Warrant $224,717 CPP Warrant Proceeds
02/08/2013 Refund $4,009,723 CPP Partial Repayment
11/15/2012 Dividend $119,840 CPP Dividend - Cumulative
08/15/2012 Dividend $119,840 CPP Dividend - Cumulative
05/15/2012 Dividend $119,840 CPP Dividend - Cumulative
02/15/2012 Dividend $119,840 CPP Dividend - Cumulative
11/15/2011 Dividend $119,840 CPP Dividend - Cumulative
08/15/2011 Dividend $119,840 CPP Dividend - Cumulative
05/16/2011 Dividend $119,840 CPP Dividend - Cumulative
02/15/2011 Dividend $119,840 CPP Dividend - Cumulative
11/15/2010 Dividend $119,840 CPP Dividend - Cumulative
08/16/2010 Dividend $119,840 CPP Dividends payment
05/17/2010 Dividend $119,840 CPP Dividends payment
02/16/2010 Dividend $98,775 CPP Dividends payment
12/18/2009 Purchase $4,596,000 CPP Preferred Stock
11/16/2009 Dividend $62,390 CPP Dividends payment
08/17/2009 Dividend $62,390 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $58,924 CPP Dividends Paid Through 5/31/2009
02/20/2009 Purchase $4,579,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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