The Bank of Currituck

$4,021,000

Committed

0.1% >

of Bank bailout commitment

0.1% >

of total bailout commitment.

Map: Corporate headquarters of The Bank of Currituck.
Moyock, N.C.
See all recipients in North Carolina

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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 .

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

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$2M Payback

Dec. 3, 2010 Partial Repayment

On 11/5/2010, Treasury entered into an agreement with The Bank of Currituck pursuant to which Treasury agreed to sell to Currituck all Preferred Stock (including the Preferred Stock received upon the exercise of warrants) issued by Currituck to Treasury for an aggregate purchase price of $1,752,850.

Part of Capital Purchase Program

More info from www.financialstability.gov
$55K Revenue

Nov. 16, 2009 Dividends payment

Part of Capital Purchase Program
$55K Revenue

Aug. 17, 2009 Dividends Paid in Aug. 2009

Part of Capital Purchase Program
$60K 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
$4M Bailout

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

Part of Capital Purchase Program

More info from www.financialstability.gov

Date	Type	Amount	Program	Description
12/03/2010	Refund	$1,752,850	CPP	Partial Repayment
11/16/2009	Dividend	$54,785	CPP	Dividends payment
08/17/2009	Dividend	$54,785	CPP	Dividends Paid in Aug. 2009
05/31/2009	Dividend	$60,264	CPP	Dividends Paid Through 5/31/2009
02/06/2009	Purchase	$4,021,000	CPP	Purchase - Preferred Stock w/ Exercised Warrants