First Vernon Bancshares
Vernon,
Ala. |
See all recipients in Alabama
| $6.25M Disbursed |
| $0 Returned |
| $679K Revenue to Gov't |
| $5.57M 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.
Events
-
$16K Revenue
Nov. 15, 2010 Dividend - Cumulative
-
$245K Bailout
Sep. 29, 2010 Preferred Stock
This amount, representing the warrants, was included in the final investment via the CDCI.
More info from www.financialstability.gov -
$39.4K Revenue
Sep. 29, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$245K Revenue
Sep. 29, 2010 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$80.5K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$80.5K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$80.5K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$80.5K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$56.4K Revenue
Aug. 17, 2009 Dividend Payment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$6M Bailout
Jun. 12, 2009 Preferred Stock w/ Exercised Warrants
More info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 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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