ProPublica

Journalism in the Public Interest

Pinnacle Bank Holding Company

Orange City, Fla. | See all recipients in Florida

This investment resulted in a loss to taxpayers. See below for details.

$4.39M Disbursed
$700K Returned
$285K Revenue to Gov't
$3.4M Net Outstanding
$4.39M Committed
Jump to table of transactions
Find a Bailout
Type the name of a bank:

Find bailouts in your state:


  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Events

  • $700K Payback

    May 25, 2018 Partial Repayment

    On 5/22/2018, Treasury entered into an agreement with Pinnacle Bank Holding Company, Inc. (the “Company”) pursuant to which Treasury agreed to sell its CPP preferred stock back to the Company at a discount subject to the satisfaction of the conditions specified in the agreement. The sale was completed on 5/22/2018.

    More info from www.treasury.gov

  • $59.8K Revenue

    May 17, 2010 Dividends payment

  • $59.8K Revenue

    Feb. 16, 2010 Dividends payment

  • $59.8K Revenue

    Nov. 16, 2009 Dividends payment

  • $59.8K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

  • $45.8K Revenue

    May 31, 2009 Dividends Paid Through 5/31/2009

    This amount reflects the sum of dividends paid up to 5/31/2009

  • $4.39M Bailout

    Mar. 6, 2009 Purchase - Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
05/25/2018 Refund $700,000 CPP Partial Repayment
05/17/2010 Dividend $59,790 CPP Dividends payment
02/16/2010 Dividend $59,790 CPP Dividends payment
11/16/2009 Dividend $59,790 CPP Dividends payment
08/17/2009 Dividend $59,790 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $45,839 CPP Dividends Paid Through 5/31/2009
03/06/2009 Purchase $4,389,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

For our blog, resources and more, see our main bailout page.