First American Bank Corporation
| $50,000,000 |
| Committed |
| 0.2% |
| of Bank bailout commitment |
| 0.1% > |
| of total bailout commitment. |
| Disbursed | $50,000,000 |
| Returned | $15,000,000 |
| Revenue to Gov't | $8,634,725 |
| Net Outstanding | $26,365,275 |
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About This Project
We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .

- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

- Our bailout recipient list tracks the companies to which Treasury has committed money.

- In the bailout map, we track bailout recipients by state.
Events
-
$15M Payback
Dec. 21, 2011 Partial Repayment
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$1M Revenue
Aug. 15, 2011 Interest
Part of Capital Purchase Program -
$1M Revenue
May 16, 2011 Interest
Part of Capital Purchase Program -
$1M Revenue
Feb. 15, 2011 Interest
Part of Capital Purchase Program -
$1M Revenue
Nov. 15, 2010 Interest
Part of Capital Purchase Program -
$1M Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$1M Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$1M Revenue
Feb. 16, 2010 Interest Payment
Part of Capital Purchase Program -
$1M Revenue
Nov. 16, 2009 Interest Payment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$245K Revenue
Aug. 17, 2009 Interest Payment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$50M Bailout
Jul. 24, 2009 Purchase - Subordinated Debentures w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 12/21/2011 | Refund | $15,000,000 | CPP | Partial Repayment |
| 08/15/2011 | Interest | $1,048,750 | CPP | Interest |
| 05/16/2011 | Interest | $1,048,750 | CPP | Interest |
| 02/15/2011 | Interest | $1,048,750 | CPP | Interest |
| 11/15/2010 | Interest | $1,048,750 | CPP | Interest |
| 08/16/2010 | Interest | $1,048,750 | CPP | Dividends payment |
| 05/17/2010 | Interest | $1,048,750 | CPP | Dividends payment |
| 02/16/2010 | Interest | $1,048,750 | CPP | Interest Payment |
| 11/16/2009 | Interest | $1,048,750 | CPP | Interest Payment |
| 08/17/2009 | Interest | $244,725 | CPP | Interest Payment |
| 07/24/2009 | Purchase | $50,000,000 | CPP | Purchase - Subordinated Debentures w/ Exercised Warrants |
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