ProPublica

Journalism in the Public Interest

Cancel

GulfSouth Private Bank

Destin, Fla. | See all recipients in Florida

This investment resulted in a loss to taxpayers. See below for details.

$7.5M Disbursed
$0 Returned
$681K Revenue to Gov't
$6.82M Net Outstanding
$7.5M Committed
Jump to table of transactions
Find a Bailout
Type the name of a bank:

Find bailouts in your state:


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

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.

Events

Date Type Amount Program Description
06/21/2010 Dividend $395,250 CPP Dividends payment
05/17/2010 Dividend $49,406 CPP Dividends payment
02/17/2010 Interest $152,138 CPP Interest Payment
11/16/2009 Interest $84,518 CPP Interest Payment
09/25/2009 Purchase $7,500,000 CPP Preferred Stock w/ Exercised Warrants

For our blog, resources and more, see our main bailout page.