ProPublica

Journalism in the Public Interest

Ridgestone Financial Services

Brookfield, Wis. | See all recipients in Wisconsin

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

$10.9M Disbursed
$8.88M Returned
$753K Revenue to Gov't
$1.27M Net Outstanding
$10.9M Committed
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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

Events

  • $476K Revenue

    Feb. 20, 2013 Warrant Proceeds

  • $8.88M Payback

    Feb. 20, 2013 Partial Repayment

    On 2/20/2013, Treasury completed the sale of 10,900 shares of Ridgestone Financial Services, Inc. preferred stock at $822.60 per share (less a placement agent fee) for net proceeds of $8,876,676.60 and 545 shares of Ridgestone Financial Services, Inc. preferred stock received upon the exercise of warrants at $882.60 per share (less a placement agent fee) for net proceeds of $476,206.83, pursuant to a placement agency agreement executed on 2/6/2013.

    More info from www.treasury.gov

  • $149K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

  • $129K Revenue

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

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

  • $10.9M Bailout

    Feb. 27, 2009 Purchase - Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
02/20/2013 Refund $8,876,677 CPP Partial Repayment
02/20/2013 Warrant $476,207 CPP Warrant Proceeds
08/17/2009 Dividend $148,513 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $128,711 CPP Dividends Paid Through 5/31/2009
02/27/2009 Purchase $10,900,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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