Heritage Commerce Corp
Heritage Commerce Corp returned its bailout funds on Mar. 7, 2012
| Disbursed | $40,000,000 |
| Returned | $40,000,000 |
| Revenue to Gov't | $6,139,044 |
| Profit | $6,139,044 |
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Map: Corporate headquarters of Heritage Commerce Corp.
San Jose,
Calif.
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Events
-
$40M Payback
Mar. 7, 2012 Repayment
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$500K Revenue
Nov. 10, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$4M Revenue
Aug. 1, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$500K Revenue
Aug. 13, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$967K 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 -
$40M Bailout
Nov. 21, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 03/07/2012 | Refund | $40,000,000 | CPP | Repayment |
| 11/10/2011 | Dividend | $500,000 | CPP | Dividend - Cumulative |
| 08/01/2011 | Dividend | $4,172,378 | CPP | Dividend - Cumulative |
| 08/13/2009 | Dividend | $500,000 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $966,667 | CPP | Dividends Paid Through 5/31/2009 |
| 11/21/2008 | Purchase | $40,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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