Heritage Bankshares, Inc.
Heritage Bankshares, Inc. returned its bailout funds on Aug. 11, 2011
| Disbursed | $10,103,000 |
| Returned | $10,103,000 |
| Revenue to Gov't | $1,250,284 |
| Profit | $1,250,284 |
Jump to table of transactions
Map: Corporate headquarters of Heritage Bankshares, Inc..
Norfolk,
Va.
See all recipients in Virginia
Find bailouts in your state:
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.
Events
-
$96K Revenue
Aug. 11, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$7M Payback
Aug. 11, 2011 Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institution’s participation in the Small Business Lending Fund.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$303K Revenue
Aug. 11, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$101K Revenue
May 16, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$11K Revenue
Mar. 16, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$3M Payback
Mar. 16, 2011 Partial Repayment
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$133K Revenue
Feb. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$133K Revenue
Nov. 15, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$133K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$133K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$133K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$74K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$10M Bailout
Sep. 25, 2009 Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 08/11/2011 | Warrant | $303,000 | CPP | Warrant Proceeds |
| 08/11/2011 | Refund | $7,497,000 | CPP | Repayment |
| 08/11/2011 | Dividend | $96,062 | CPP | Dividend - Cumulative |
| 05/16/2011 | Dividend | $100,530 | CPP | Dividend - Cumulative |
| 03/16/2011 | Refund | $2,606,000 | CPP | Partial Repayment |
| 03/16/2011 | Dividend | $11,220 | CPP | Dividend - Cumulative |
| 02/15/2011 | Dividend | $133,105 | CPP | Dividend - Cumulative |
| 11/15/2010 | Dividend | $133,105 | CPP | Dividend - Cumulative |
| 08/16/2010 | Dividend | $133,105 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $133,105 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $133,105 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $73,947 | CPP | Dividends payment |
| 09/25/2009 | Purchase | $10,103,000 | CPP | Preferred Stock w/ Exercised Warrants |
For our blog, resources and more, see our main bailout page.
