Seacoast Banking Corp
| $50,000,000 |
| Committed |
| 0.3% |
| of Bank bailout commitment |
| 0.1% > |
| of total bailout commitment. |
| Disbursed | $50,000,000 |
| Returned | $40,404,700 |
| Revenue to Gov't | $7,627,430 |
| Net Outstanding | $1,967,870 |
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Map: Corporate headquarters of Seacoast Banking Corp.
Stuart,
Fla.
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Events
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$40M Payback
Mar. 28, 2012 Partial Repayment
On 3/28/2012, Treasury executed an underwriting agreement for the sale of 2,000 shares of Seacoast Banking Corporation of Florida preferred stock at $20,510.00 per share (less underwriting discounts) for net proceeds of $40,404,700.00 plus accrued and unpaid dividends.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$625K Revenue
Nov. 14, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$7M Revenue
Aug. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$389K 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 -
$50M Bailout
Dec. 19, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from biz.yahoo.com
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 03/28/2012 | Refund | $40,404,700 | CPP | Partial Repayment |
| 11/14/2011 | Dividend | $625,000 | CPP | Dividend - Cumulative |
| 08/15/2011 | Dividend | $6,613,541 | CPP | Dividend - Cumulative |
| 05/31/2009 | Dividend | $388,889 | CPP | Dividends Paid Through 5/31/2009 |
| 12/19/2008 | Purchase | $50,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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