Georgia Commerce Bancshares

Georgia Commerce Bancshares returned its bailout funds on Feb. 16, 2011

Disbursed $8,700,000
Returned $8,700,000
Revenue to Gov't $1,385,366
Profit $1,385,366

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Map: Corporate headquarters of Georgia Commerce Bancshares.
Atlanta, Ga.
See all recipients in Georgia

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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 .

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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
  • In the bailout map, we track bailout recipients by state.

Events

Date Type Amount Program Description
02/16/2011 Warrant $435,000 CPP Warrant Proceeds
02/16/2011 Refund $8,700,000 CPP Repayment
02/15/2011 Dividend $108,750 CPP Dividend - Cumulative
11/12/2010 Dividend $118,538 CPP Dividend - Cumulative
08/13/2010 Dividend $118,538 CPP Dividends payment
05/17/2010 Dividend $118,538 CPP Dividends payment
02/12/2010 Dividend $118,538 CPP Dividends payment
11/12/2009 Dividend $118,538 CPP Dividends payment
08/14/2009 Dividend $118,538 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $130,391 CPP Dividends Paid Through 5/31/2009
02/06/2009 Purchase $8,700,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

For our blog, resources and more, see our main bailout page.