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On 10/19/2012, GulfSouth Private Bank, Destin, Florida, was closed by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.
Jun. 21, 2010 Dividends payment
May 17, 2010 Dividends payment
Feb. 17, 2010 Interest Payment
Nov. 16, 2009 Interest Payment
Sep. 25, 2009 Preferred Stock w/ Exercised Warrants
On 3/30/2010, Treasury exchanged its $7,500,000 of Subordinated Debentures in GulfSouth Private Bank for an equivalent amount of Preferred Stock, in connection with its conversion from a Subchapter S-Corporation, that comply with the CPP terms applicable to privately held qualified financial institutions.More info from www.financialstability.gov
|09/25/2009||Purchase||$7,500,000||CPP||Preferred Stock w/ Exercised Warrants|