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Where is the Money?

Eye on the Bailout

Companies » Bank (Public)

Green Bankshares

$72,278,000
Committed
0.3%
of Bank bailout commitment
0.1% >
of total bailout commitment.
Disbursed $72,278,000
Returned $68,700,000
Revenue to Gov't $5,942,857
Net Outstanding $2,364,857

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Map: Corporate headquarters of Green Bankshares.
Greeneville, Tenn.
See all recipients in Tennessee

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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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Events

  • $69M Payback

    Sep. 7, 2011 Partial Repayment

    On 9/7/2011, Treasury completed the sale of all Green Bankshares, Inc. Preferred Stock held by Treasury and the related Warrant to North American Financial Holdings, Inc. ("NAFH") for an aggregate purchase price of $68,700,000.00, pursuant to the terms of the agreement between Treasury and NAFH entered into on 9/6/2011.

    Part of Capital Purchase Program
    More info from www.treasury.gov

  • $903K Revenue

    Aug. 16, 2010 Dividends payment

    Part of Capital Purchase Program
  • $903K Revenue

    May 17, 2010 Dividends payment

    Part of Capital Purchase Program
  • $903K Revenue

    Feb. 16, 2010 Dividends payment

    Part of Capital Purchase Program
  • $903K Revenue

    Nov. 16, 2009 Dividends payment

    Part of Capital Purchase Program
  • $903K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

    Part of Capital Purchase Program
  • $1M 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
  • $72M Bailout

    Dec. 23, 2008 Purchase - Preferred Stock w/ Warrants

    Part of Capital Purchase Program
    More info from biz.yahoo.com

Date Type Amount Program Description
09/07/2011 Refund $68,700,000 CPP Partial Repayment
08/16/2010 Dividend $903,475 CPP Dividends payment
05/17/2010 Dividend $903,475 CPP Dividends payment
02/16/2010 Dividend $903,475 CPP Dividends payment
11/16/2009 Dividend $903,475 CPP Dividends payment
08/17/2009 Dividend $903,475 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $1,425,483 CPP Dividends Paid Through 5/31/2009
12/23/2008 Purchase $72,278,000 CPP Purchase - Preferred Stock w/ Warrants

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