ProPublica

Journalism in the Public Interest

First Southwest Bancorporation

Alamosa, Colo. | See all recipients in Colorado

This investment resulted in a loss to taxpayers. See below for details.

$5.5M Disbursed
$4.9M Returned
$459K Revenue to Gov't
$140K Net Outstanding
$5.5M Committed
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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Events

  • $252K Revenue

    Mar. 27, 2013 Warrant Proceeds

  • $4.9M Payback

    Mar. 27, 2013 Partial Repayment

    On 3/27/2013, Treasury completed the sale of 5,500 shares of First Southwest Bancorporation, Inc. preferred stock at $900.02 per share (less a placement agent fee) for net proceeds of $4,900,608.90 and 275 shares of First Southwest Bancorporation, Inc. preferred stock received upon the exercise of warrants at $925.02 per share (less a placement agent fee) for net proceeds of $251,836.69, pursuant to a placement agency agreement executed on 3/11/2013.

    More info from www.treasury.gov

  • $74.9K Revenue

    Nov. 16, 2009 Dividends payment

  • $74.9K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

  • $57.5K Revenue

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

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

  • $5.5M Bailout

    Mar. 6, 2009 Purchase - Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
03/27/2013 Refund $4,900,609 CPP Partial Repayment
03/27/2013 Warrant $251,837 CPP Warrant Proceeds
11/16/2009 Dividend $74,938 CPP Dividends payment
08/17/2009 Dividend $74,938 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $57,452 CPP Dividends Paid Through 5/31/2009
03/06/2009 Purchase $5,500,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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