Horizon Bancorp
Horizon Bancorp returned its bailout funds on Sep. 1, 2011
| Disbursed | $25,000,000 |
| Returned | $25,000,000 |
| Revenue to Gov't | $4,857,322 |
| Profit | $4,857,322 |
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Map: Corporate headquarters of Horizon Bancorp.
Michigan City,
Ind.
See all recipients in Indiana
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Events
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$2M Revenue
Nov. 18, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$19M Payback
Sep. 1, 2011 Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institution’s participation in the Small Business Lending Fund.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$26K Revenue
Aug. 25, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$234K Revenue
Aug. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$234K Revenue
May 16, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$234K Revenue
Feb. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$308K Revenue
Nov. 15, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$6M Payback
Nov. 10, 2010 Partial Repayment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$313K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$313K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$313K Revenue
Feb. 17, 2010 Dividends payment
Part of Capital Purchase Program -
$313K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$313K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$507K 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 -
$25M Bailout
Dec. 19, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 11/18/2011 | Warrant | $1,750,551 | CPP | Warrant Proceeds |
| 09/01/2011 | Refund | $18,750,000 | CPP | Repayment |
| 08/25/2011 | Dividend | $26,042 | CPP | Dividend - Cumulative |
| 08/15/2011 | Dividend | $234,375 | CPP | Dividend - Cumulative |
| 05/16/2011 | Dividend | $234,375 | CPP | Dividend - Cumulative |
| 02/15/2011 | Dividend | $234,375 | CPP | Dividend - Cumulative |
| 11/15/2010 | Dividend | $308,160 | CPP | Dividend - Cumulative |
| 11/10/2010 | Refund | $6,250,000 | CPP | Partial Repayment |
| 08/16/2010 | Dividend | $312,500 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $312,500 | CPP | Dividends payment |
| 02/17/2010 | Dividend | $312,500 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $312,500 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $312,500 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $506,944 | CPP | Dividends Paid Through 5/31/2009 |
| 12/19/2008 | Purchase | $25,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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