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Where is the Money?

Eye on the Bailout

Companies » Bank (Community Development)

IBC Bancorp, Inc.

$8,086,000
Committed
0.1% >
of Bank bailout commitment
0.1% >
of total bailout commitment.
Disbursed $8,086,000
Returned $0
Revenue to Gov't $723,142
Net Outstanding $7,362,858

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Map: Corporate headquarters of IBC Bancorp, Inc..
Chicago, Ill.
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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 .

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This institution qualified to participate in the Community Development Capital Initiative (CDCI) and exchanged its Capital Purchase Program (CPP) investment for an equivalent amount of investment with Treasury under the CDCI program terms. We've listed the original CPP investment as a CDCI investment.

Events

Date Type Amount Program Description
11/15/2011 Interest $62,667 CDCI Interest
08/15/2011 Interest $62,667 CDCI Interest
05/16/2011 Interest $62,667 CDCI Interest
02/15/2011 Interest $62,667 CDCI Interest
11/15/2010 Interest $45,259 CDCI Interest
09/10/2010 Loan $3,881,000 CDCI Subordinated Debentures
09/10/2010 Interest $22,485 CPP Interest
08/16/2010 Interest $80,946 CPP Dividends payment
05/17/2010 Interest $80,946 CPP Dividends payment
02/16/2010 Interest $80,946 CPP Interest Payment
11/16/2009 Interest $80,946 CPP Interest Payment
08/17/2009 Interest $80,946 CPP Interest Payment
05/15/2009 Purchase $4,205,000 CDCI Subordinated Debentures

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