Carolina Trust Bank

Lincolnton, N.C. | See all recipients in North Carolina
$4M
Disbursed
$3.36M
Returned
$632K
Revenue to Gov't
$5.5K
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
06/12/2013 Warrant $19,132 CPP
Warrant Proceeds
11/30/2012 Refund $3,362,000 CPP
Partial Repayment
On 11/30/2012, Treasury completed the sale of 4,000 shares of Carolina Trust Bank preferred stock at $853.00 per share (less a placement agent fee) for net proceeds of $3,362,000.00, pursuant to a placement agency agreement executed on 11/19/2012.
11/30/2012 Dividend $8,320 CPP
Dividend - Non-Cumulative
11/15/2012 Dividend $50,000 CPP
Dividend - Non-Cumulative
08/15/2012 Dividend $50,000 CPP
Dividend - Non-Cumulative
05/15/2012 Dividend $50,000 CPP
Dividend - Non-Cumulative
05/16/2011 Dividend $50,000 CPP
Dividend - Non-Cumulative
02/15/2011 Dividend $50,000 CPP
Dividend - Non-Cumulative
11/15/2010 Dividend $50,000 CPP
Dividend - Non-Cumulative
08/16/2010 Dividend $50,000 CPP
Dividends payment
05/17/2010 Dividend $50,000 CPP
Dividends payment
02/09/2010 Dividend $50,000 CPP
Dividends payment
11/16/2009 Dividend $50,000 CPP
Dividends payment
08/17/2009 Dividend $50,000 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $55,000 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
02/06/2009 Purchase $4,000,000 CPP
Purchase - Preferred Stock w/ Warrants
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