Bancorp Rhode Island
Bancorp Rhode Island returned its bailout funds on Aug. 5, 2009
| Disbursed | $30,000,000 |
| Returned | $30,000,000 |
| Revenue to Gov't | $2,341,666 |
| Profit | $2,341,666 |
Jump to table of transactions
Map: Corporate headquarters of Bancorp Rhode Island.
Providence,
R.I.
See all recipients in Rhode Island
Find a Bailout
Type the name of a bank:
Find bailouts in your state:
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.
Events
-
$1M Revenue
Sep. 30, 2009 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$333K Revenue
Aug. 5, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$30M Payback
Aug. 5, 2009
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$608K 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 -
$30M Bailout
Dec. 19, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 09/30/2009 | Warrant | $1,400,000 | CPP | Warrant Proceeds |
| 08/05/2009 | Refund | $30,000,000 | CPP | |
| 08/05/2009 | Dividend | $333,333 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $608,333 | CPP | Dividends Paid Through 5/31/2009 |
| 12/19/2008 | Purchase | $30,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
For our blog, resources and more, see our main bailout page.