Citizens & Northern Corporation
Citizens & Northern Corporation returned its bailout funds on Aug. 4, 2010
| Disbursed | $26,440,000 |
| Returned | $26,440,000 |
| Revenue to Gov't | $2,449,100 |
| Profit | $2,449,100 |
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Map: Corporate headquarters of Citizens & Northern Corporation.
Wellsboro,
Pa.
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About This Project
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.
- Our bailout recipient list tracks the companies to which Treasury has committed money.
Events
-
$400K Revenue
Sep. 1, 2010 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$290K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$26M Payback
Aug. 4, 2010 Repayment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$331K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$331K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$331K Revenue
Nov. 13, 2009 Dividends payment
Part of Capital Purchase Program -
$331K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$437K 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 -
$26M Bailout
Jan. 16, 2009 Preferred Stock w/ Warrants
Part of Capital Purchase Program
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 09/01/2010 | Warrant | $400,000 | CPP | Warrant Proceeds |
| 08/16/2010 | Dividend | $290,106 | CPP | Dividends payment |
| 08/04/2010 | Refund | $26,440,000 | CPP | Repayment |
| 05/17/2010 | Dividend | $330,500 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $330,500 | CPP | Dividends payment |
| 11/13/2009 | Dividend | $330,500 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $330,500 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $436,994 | CPP | Dividends Paid Through 5/31/2009 |
| 01/16/2009 | Purchase | $26,440,000 | CPP | Preferred Stock w/ Warrants |
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