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Princeton National Bancorp

Princeton, Ill. | See all recipients in Illinois

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

$25.1M Disbursed
$0 Returned
$2.27M Revenue to Gov't
$22.8M Net Outstanding
$25.1M Committed
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On 11/2/2012, Citizens First National Bank, Princeton, IL, the banking subsidiary of Princeton National Bancorp, was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

Events

Date Type Amount Program Description
11/12/2010 Dividend $313,538 CPP Dividend - Cumulative
08/13/2010 Dividend $313,538 CPP Dividends payment
05/17/2010 Dividend $313,538 CPP Dividends payment
02/17/2010 Dividend $313,538 CPP Dividends payment
11/16/2009 Dividend $313,538 CPP Dividends payment
08/17/2009 Dividend $313,538 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $390,180 CPP Dividends Paid Through 5/31/2009
01/23/2009 Purchase $25,083,000 CPP Purchase - Preferred Stock w/ Warrants

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