Valley Financial Group, Ltd., 1st State Bank
Valley Financial Group, Ltd., 1st State Bank returned its bailout funds on Sep. 22, 2011
| Disbursed | $1,300,000 |
| Returned | $1,300,000 |
| Revenue to Gov't | $189,776 |
| Profit | $189,776 |
Jump to table of transactions
Find a Bailout
Type the name of a bank:
Find bailouts in your state:
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.
Events
-
$7K Revenue
Sep. 22, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$1M Payback
Sep. 22, 2011 Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using 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 -
$65K Revenue
Sep. 22, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$18K Revenue
Aug. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$18K Revenue
May 16, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$18K Revenue
Feb. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$18K Revenue
Nov. 15, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$18K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$18K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$11K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$1M Bailout
Dec. 18, 2009 Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 09/22/2011 | Refund | $1,300,000 | CPP | Repayment |
| 09/22/2011 | Warrant | $65,000 | CPP | Warrant Proceeds |
| 09/22/2011 | Dividend | $7,282 | CPP | Dividend - Cumulative |
| 08/15/2011 | Dividend | $17,713 | CPP | Dividend - Cumulative |
| 05/16/2011 | Dividend | $17,713 | CPP | Dividend - Cumulative |
| 02/15/2011 | Dividend | $17,713 | CPP | Dividend - Cumulative |
| 11/15/2010 | Dividend | $17,713 | CPP | Dividend - Cumulative |
| 08/16/2010 | Dividend | $17,713 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $17,713 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $11,218 | CPP | Dividends payment |
| 12/18/2009 | Purchase | $1,300,000 | CPP | Preferred Stock w/ Exercised Warrants |
For our blog, resources and more, see our main bailout page.