Monarch Financial Holdings

Monarch Financial Holdings returned its bailout funds on Dec. 23, 2009

Map: Corporate headquarters of Monarch Financial Holdings.
Chesapeake, Va.
See all recipients in Virginia

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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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$260K Revenue

Feb. 10, 2010 Warrant Proceeds

Part of Capital Purchase Program

More info from www.financialstability.gov
$78K Revenue

Dec. 23, 2009 Dividends payment

Part of Capital Purchase Program
$15M Payback

Dec. 23, 2009 Repayment

Part of Capital Purchase Program

More info from www.financialstability.gov
$184K Revenue

Nov. 16, 2009 Dividends payment

Part of Capital Purchase Program
$184K Revenue

Aug. 17, 2009 Dividends Paid in Aug. 2009

Part of Capital Purchase Program
$298K 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
$15M Bailout

Dec. 19, 2008 Purchase - Preferred Stock w/ Warrants

Part of Capital Purchase Program

More info from www.financialstability.gov

Date	Type	Amount	Program	Description
02/10/2010	Warrant	$260,000	CPP	Warrant Proceeds
12/23/2009	Refund	$14,700,000	CPP	Repayment
12/23/2009	Dividend	$77,583	CPP	Dividends payment
11/16/2009	Dividend	$183,750	CPP	Dividends payment
08/17/2009	Dividend	$183,750	CPP	Dividends Paid in Aug. 2009
05/31/2009	Dividend	$298,083	CPP	Dividends Paid Through 5/31/2009
12/19/2008	Purchase	$14,700,000	CPP	Purchase - Preferred Stock w/ Warrants