Nationwide Bankshares, Inc.
Nationwide Bankshares, Inc. returned its bailout funds on Dec. 29, 2010
| Disbursed | $2,000,000 |
| Returned | $2,000,000 |
| Revenue to Gov't | $276,190 |
| Profit | $276,190 |
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Events
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$21K Revenue
Dec. 29, 2010 Interest
Part of Capital Purchase Program -
$100K Revenue
Dec. 29, 2010 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$2M Payback
Dec. 29, 2010 Repayment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$42K Revenue
Nov. 15, 2010 Interest
Part of Capital Purchase Program -
$42K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$42K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$30K Revenue
Feb. 16, 2010 Interest Payment
Part of Capital Purchase Program -
$2M Bailout
Dec. 11, 2009 Subordinated Debentures w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 12/29/2010 | Refund | $2,000,000 | CPP | Repayment |
| 12/29/2010 | Warrant | $100,000 | CPP | Warrant Proceeds |
| 12/29/2010 | Interest | $20,509 | CPP | Interest |
| 11/15/2010 | Interest | $41,950 | CPP | Interest |
| 08/16/2010 | Interest | $41,950 | CPP | Dividends payment |
| 05/17/2010 | Interest | $41,950 | CPP | Dividends payment |
| 02/16/2010 | Interest | $29,831 | CPP | Interest Payment |
| 12/11/2009 | Purchase | $2,000,000 | CPP | Subordinated Debentures w/ Exercised Warrants |
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