ProPublica

Journalism in the Public Interest

Premier Bancorp

Wilmette, Ill. | See all recipients in Illinois

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

$6.78M Disbursed
$79.9K Returned
$660K Revenue to Gov't
$6.04M Net Outstanding
$6.78M Committed
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On 3/23/2012, Premier Bank, Wilmette, IL, the banking subsidiary of Premier Bancorp, Inc., was closed by the Illinois Department of Financial and Professional Regulation - Division of Banking, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. On 1/29/2013, UST received $79,900 representing the total amount of distributions paid to creditors as a result of the liquidation of Premier Bancorp, Inc.

Events

Date Type Amount Program Description
01/29/2013 Refund $79,900 CPP Partial Repayment
08/13/2010 Interest $127,690 CPP Dividends payment
05/17/2010 Interest $130,592 CPP Dividends payment
02/12/2010 Interest $130,592 CPP Interest Payment
11/16/2009 Interest $130,592 CPP Interest Payment
08/17/2009 Interest $140,749 CPP Interest Payment
05/08/2009 Purchase $6,784,000 CDCI Subordinated Debentures

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