ProPublica

Journalism in the Public Interest

BANK OF SOUTHERN CALIFORNIA, N.A. (FIRST BUSINESS BANK, N.A.)

San Diego, Calif. | See all recipients in California
$4.24M Disbursed
$3.85M Returned
$843K Revenue to Gov't
$450K Profit
Jump to table of transactions
Find a Bailout
Type the name of a bank:

Find bailouts in your state:


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

First Business Bank changed its name to Bank of Southern California in June 2010.

Events

  • $21.6K Revenue

    Dec. 20, 2012 Dividend - Non-Cumulative

  • $2.02M Payback

    Dec. 20, 2012 Partial Repayment

    On 12/20/2012, Treasury completed the sale of 2,211 shares of Bank of Southern California, N.A. Series A preferred stock at $920.00 per share (less a placement agent fee) for net proceeds of $2,017,453.33; 2,032 shares of Bank of Southern California, N.A. Series C preferred stock at $910.12 per share (less a placement agent fee) for net proceeds of $1,832,697.18; and 111 shares of Bank of Southern California, N.A. preferred stock received upon the exercise of warrants at $965.12 per share (less a placement agent fee) for net proceeds of $90,461.65, pursuant to a placement agency agreement executed on 12/11/2012.

    More info from www.treasury.gov

  • $90.5K Revenue

    Dec. 20, 2012 Warrant Proceeds

  • $1.83M Payback

    Dec. 20, 2012 Partial Repayment

    On 12/20/2012, Treasury completed the sale of 2,211 shares of Bank of Southern California, N.A. Series A preferred stock at $920.00 per share (less a placement agent fee) for net proceeds of $2,017,453.33; 2,032 shares of Bank of Southern California, N.A. Series C preferred stock at $910.12 per share (less a placement agent fee) for net proceeds of $1,832,697.18; and 111 shares of Bank of Southern California, N.A. preferred stock received upon the exercise of warrants at $965.12 per share (less a placement agent fee) for net proceeds of $90,461.65, pursuant to a placement agency agreement executed on 12/11/2012.

    More info from www.treasury.gov

  • $55.5K Revenue

    Nov. 13, 2012 Dividend - Non-Cumulative

  • $55.5K Revenue

    Aug. 14, 2012 Dividend - Non-Cumulative

  • $55.5K Revenue

    May 11, 2012 Dividend - Non-Cumulative

  • $55.5K Revenue

    Feb. 14, 2012 Dividend - Non-Cumulative

  • $55.5K Revenue

    Nov. 15, 2011 Dividend - Non-Cumulative

  • $55.5K Revenue

    Aug. 16, 2011 Dividend - Non-Cumulative

  • $55.5K Revenue

    May 16, 2011 Dividend - Non-Cumulative

  • $55.5K Revenue

    Feb. 15, 2011 Dividend - Non-Cumulative

  • $55.5K Revenue

    Nov. 15, 2010 Dividend - Non-Cumulative

  • $55.5K Revenue

    Aug. 16, 2010 Dividends payment

  • $55.5K Revenue

    May 17, 2010 Dividends payment

  • $48.2K Revenue

    Feb. 16, 2010 Dividends payment

  • $2.03M Bailout

    Dec. 11, 2009 Preferred Stock

  • $30.1K Revenue

    Nov. 16, 2009 Dividends payment

  • $30.1K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

  • $11.7K Revenue

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

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

  • $2.21M Bailout

    Apr. 10, 2009 Purchase - Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
12/20/2012 Refund $2,017,453 CPP Partial Repayment
12/20/2012 Warrant $90,462 CPP Warrant Proceeds
12/20/2012 Refund $1,832,697 CPP Partial Repayment
12/20/2012 Dividend $21,592 CPP Dividend - Non-Cumulative
11/13/2012 Dividend $55,535 CPP Dividend - Non-Cumulative
08/14/2012 Dividend $55,535 CPP Dividend - Non-Cumulative
05/11/2012 Dividend $55,535 CPP Dividend - Non-Cumulative
02/14/2012 Dividend $55,535 CPP Dividend - Non-Cumulative
11/15/2011 Dividend $55,535 CPP Dividend - Non-Cumulative
08/16/2011 Dividend $55,535 CPP Dividend - Non-Cumulative
05/16/2011 Dividend $55,535 CPP Dividend - Non-Cumulative
02/15/2011 Dividend $55,535 CPP Dividend - Non-Cumulative
11/15/2010 Dividend $55,535 CPP Dividend - Non-Cumulative
08/16/2010 Dividend $55,535 CPP Dividends payment
05/17/2010 Dividend $55,535 CPP Dividends payment
02/16/2010 Dividend $48,197 CPP Dividends payment
12/11/2009 Purchase $2,032,000 CPP Preferred Stock
11/16/2009 Dividend $30,135 CPP Dividends payment
08/17/2009 Dividend $30,135 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $11,719 CPP Dividends Paid Through 5/31/2009
04/10/2009 Purchase $2,211,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

For our blog, resources and more, see our main bailout page.