Medallion Bank
Medallion Bank returned its bailout funds on Jul. 21, 2011
| Disbursed | $21,498,000 |
| Returned | $21,498,000 |
| Revenue to Gov't | $2,962,676 |
| Profit | $2,962,676 |
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Map: Corporate headquarters of Medallion Bank.
Salt Lake City,
Utah
See all recipients in Utah
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Events
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$208K Revenue
Jul. 21, 2011 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$12M Payback
Jul. 21, 2011 Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using 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 -
$590K Revenue
Jul. 21, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$55K Revenue
Jul. 21, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$10M Payback
Jul. 21, 2011 Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using 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 -
$283K Revenue
May 13, 2011 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$283K Revenue
Feb. 15, 2011 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$283K Revenue
Nov. 15, 2010 Dividend - Non-Cumulative
Part of Capital Purchase Program -
$283K Revenue
Aug. 13, 2010 Dividends payment
Part of Capital Purchase Program -
$283K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$233K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$10M Bailout
Dec. 22, 2009 Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$161K Revenue
Nov. 13, 2009 Dividends payment
Part of Capital Purchase Program -
$161K Revenue
Aug. 14, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$139K 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 -
$12M Bailout
Feb. 27, 2009 Purchase - Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 07/21/2011 | Warrant | $55,000 | CPP | Warrant Proceeds |
| 07/21/2011 | Refund | $9,698,000 | CPP | Repayment |
| 07/21/2011 | Warrant | $590,000 | CPP | Warrant Proceeds |
| 07/21/2011 | Refund | $11,800,000 | CPP | Repayment |
| 07/21/2011 | Dividend | $207,708 | CPP | Dividend - Non-Cumulative |
| 05/13/2011 | Dividend | $283,238 | CPP | Dividend - Non-Cumulative |
| 02/15/2011 | Dividend | $283,238 | CPP | Dividend - Non-Cumulative |
| 11/15/2010 | Dividend | $283,238 | CPP | Dividend - Non-Cumulative |
| 08/13/2010 | Dividend | $283,238 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $283,238 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $232,892 | CPP | Dividends payment |
| 12/22/2009 | Purchase | $9,698,000 | CPP | Preferred Stock w/ Exercised Warrants |
| 11/13/2009 | Dividend | $160,775 | CPP | Dividends payment |
| 08/14/2009 | Dividend | $160,775 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $139,338 | CPP | Dividends Paid Through 5/31/2009 |
| 02/27/2009 | Purchase | $11,800,000 | CPP | Purchase - Preferred Stock w/ Exercised Warrants |
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