Journalism in the Public Interest


First Vernon Bancshares

Vernon, Ala. | See all recipients in Alabama
$6.25M Disbursed
$0 Returned
$1.16M Revenue to Gov't
$5.09M Net Outstanding
$6.25M Committed
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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.


Date Type Amount Program Description
08/15/2014 Dividend $31,225 CDCI Dividend - Cumulative
05/15/2014 Dividend $31,225 CDCI Dividend - Cumulative
02/18/2014 Dividend $31,225 CDCI Dividend - Cumulative
11/15/2013 Dividend $63,962 CDCI Dividend - Cumulative
10/31/2013 Dividend $320,967 CDCI Dividend - Cumulative
11/15/2010 Dividend $15,959 CDCI Dividend - Cumulative
09/29/2010 Warrant $245,000 CPP Warrant Proceeds
09/29/2010 Purchase $245,000 CDCI Preferred Stock
09/29/2010 Dividend $39,362 CPP Dividend - Cumulative
08/16/2010 Dividend $80,513 CPP Dividends payment
05/17/2010 Dividend $80,513 CPP Dividends payment
02/16/2010 Dividend $80,513 CPP Dividends payment
11/16/2009 Dividend $80,513 CPP Dividends payment
08/17/2009 Dividend $56,359 CPP Dividend Payment
06/12/2009 Purchase $6,000,000 CDCI Preferred Stock w/ Exercised Warrants

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