Central Bancorp
Central Bancorp returned its bailout funds on Sep. 1, 2011
| Disbursed | $10,000,000 |
| Returned | $10,000,000 |
| Revenue to Gov't | $3,886,111 |
| Profit | $3,886,111 |
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Map: Corporate headquarters of Central Bancorp.
Somerville,
Mass.
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Events
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$3M Revenue
Oct. 19, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$10M Payback
Sep. 1, 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 -
$14K Revenue
Aug. 25, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$125K Revenue
Aug. 12, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$125K Revenue
May 13, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$125K Revenue
Feb. 14, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$125K Revenue
Nov. 12, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$125K Revenue
Aug. 13, 2010 Dividends payment
Part of Capital Purchase Program -
$125K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$125K Revenue
Feb. 12, 2010 Dividends payment
Part of Capital Purchase Program -
$125K Revenue
Nov. 13, 2009 Dividends payment
Part of Capital Purchase Program -
$125K Revenue
Aug. 14, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$222K Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$10M Bailout
Dec. 5, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.ibtimes.com
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 10/19/2011 | Warrant | $2,525,000 | CPP | Warrant Proceeds |
| 09/01/2011 | Refund | $10,000,000 | CPP | Repayment |
| 08/25/2011 | Dividend | $13,889 | CPP | Dividend - Cumulative |
| 08/12/2011 | Dividend | $125,000 | CPP | Dividend - Cumulative |
| 05/13/2011 | Dividend | $125,000 | CPP | Dividend - Cumulative |
| 02/14/2011 | Dividend | $125,000 | CPP | Dividend - Cumulative |
| 11/12/2010 | Dividend | $125,000 | CPP | Dividend - Cumulative |
| 08/13/2010 | Dividend | $125,000 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $125,000 | CPP | Dividends payment |
| 02/12/2010 | Dividend | $125,000 | CPP | Dividends payment |
| 11/13/2009 | Dividend | $125,000 | CPP | Dividends payment |
| 08/14/2009 | Dividend | $125,000 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $222,222 | CPP | Dividends Paid Through 5/31/2009 |
| 12/05/2008 | Purchase | $10,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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