Bailout Events for September 2009
See entire timeline of bailout events.
| Date | Entity | Type | Amount | Program | Description |
|---|---|---|---|---|---|
| 09/25/2009 | Guaranty Capital Corporation | Purchase | $14,000,000 | CDCI |
Subordinated Debentures
|
| 09/02/2009 | CVB Financial | Refund | $32,500,000 | CPP |
|
| 09/02/2009 | Old Line Bancshares | Warrant | $225,000 | CPP |
Warrant Proceeds
|
| 09/02/2009 | Westamerica Bancorporation | Refund | $41,863,000 | CPP |
|
| 09/02/2009 | Horicon Bank | Subsidy | $290,106 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far,
$67.4K
has actually been disbursed:
Subsidy as of July 2022
|
| 09/02/2009 | Sortis Financial, Inc. | Subsidy | $15,207,392 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on July 16, 2012.
So far,
$1.25M
has actually been disbursed:
Subsidy as of July 2022
|
| 09/04/2009 | The State Bank of Bartley | Purchase | $1,697,000 | CPP |
Subordinated Debentures w/ Exercised Warrants
|
| 09/09/2009 | WesBanco | Refund | $75,000,000 | CPP |
|
| 09/09/2009 | F.N.B. Corporation | Refund | $100,000,000 | CPP |
|
| 09/09/2009 | Addition Financial Credit Union | Subsidy | $1,870,910 (cumulative) | MHA |
This amount was adjusted on Feb. 25, 2016.
So far,
$1.49M
has actually been disbursed:
Subsidy as of July 2022
|
| 09/09/2009 | U.S. Bank National Association | Subsidy | $226,107,395 (cumulative) | MHA |
Incentive Payments for Home Loan Modifications
This amount was adjusted multiple times, most recently in 2018.
So far,
$200M
has actually been disbursed:
Subsidy as of July 2022
|
| 09/09/2009 | OwnersChoice Funding, Incorporated | Subsidy | $2,032,736 (cumulative) | MHA |
This amount was adjusted on June 25, 2015.
So far,
$649K
has actually been disbursed:
Subsidy as of July 2022
|
| 09/11/2009 | Pathfinder Bancorp, Inc. | Purchase | $6,771,000 | CPP |
Preferred Stock w/ Warrants
|
| 09/11/2009 | Community Bancshares Of Mississippi, Inc./Community Bank Of Mississippi | Purchase | $52,000,000 | CDCI |
Preferred Stock w/ Exercised Warrants
|
| 09/11/2009 | Heartland Bancshares, Inc. | Purchase | $7,000,000 | CPP |
Preferred Stock w/ Exercised Warrants
|
| 09/11/2009 | PFSB Bancorporation, Inc. | Purchase | $1,500,000 | CPP |
Preferred Stock w/ Exercised Warrants
|
| 09/11/2009 | First Eagle Bancshares, Inc. | Purchase | $7,500,000 | CDCI |
Subordinated Debentures w/ Exercised Warrants
|
| 09/11/2009 | ORNL Federal Credit Union | Subsidy | $6,817,390 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far,
$243K
has actually been disbursed:
Subsidy as of July 2022
|
| 09/11/2009 | Allstate Mortgage Loans & Investments, Inc | Subsidy | $145,054 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far,
$39.1K
has actually been disbursed:
Subsidy as of July 2022
|
| 09/11/2009 | Franklin Credit Management Corporation | Subsidy | $7,673,542 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far,
$1.74M
has actually been disbursed:
Subsidy as of July 2022
|
| 09/16/2009 | Manhattan Bancorp | Refund | $1,700,000 | CPP |
|
| 09/18/2009 | IA Bancorp, Inc. | Purchase | $5,976,000 | CPP |
Preferred Stock w/ Exercised Warrants
|
| 09/18/2009 | HomeTown Bankshares Corporation | Purchase | $10,000,000 | CPP |
Preferred Stock w/ Exercised Warrants
|
| 09/23/2009 | Valley National | Refund | $125,000,000 | CPP |
|
| 09/23/2009 | Seneca Mortgage Servicing LLC | Subsidy | $10,972,797 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far,
$1.4M
has actually been disbursed:
Subsidy as of July 2022
|
| 09/23/2009 | Schools Financial Credit Union | Subsidy | $1,450,514 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far,
$198K
has actually been disbursed:
Subsidy as of July 2022
|
| 09/23/2009 | Glass City Federal Credit Union | Subsidy | $290,106 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far,
$12.5K
has actually been disbursed:
Subsidy as of July 2022
|
| 09/23/2009 | Yadkin Valley Bank | Subsidy | $435,159 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far,
$144K
has actually been disbursed:
Subsidy as of July 2022
|
| 09/25/2009 | Heritage Bankshares, Inc. | Purchase | $10,103,000 | CPP |
Preferred Stock w/ Exercised Warrants
|
| 09/25/2009 | Mountain Valley Bancshares, Inc. | Purchase | $3,300,000 | CPP |
Preferred Stock w/ Exercised Warrants
|
| 09/25/2009 | Grand Financial Corporation | Purchase | $2,443,320 | CPP |
Subordinated Debentures w/ Exercised Warrants
|
| 09/25/2009 | GulfSouth Private Bank | Purchase | $7,500,000 | CPP |
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.
|
| 09/25/2009 | Steele Street Bank Corporation | Purchase | $11,019,000 | CPP |
Subordinated Debentures w/ Exercised Warrants
|
| 09/30/2009 | CenterState Banks of Florida, Inc. | Refund | $27,875,000 | CPP |
|
| 09/30/2009 | Bancorp Rhode Island | Warrant | $1,400,000 | CPP |
Warrant Proceeds
|
| 09/30/2009 | Invesco Legacy Securities Master Fund, L.P. | Purchase | $856,000,000 | PPIP |
Membership Interest
This amount represents the final adjusted investment amount, finalized 7/17/2010.
So far,
$581M
has actually been disbursed:
|
| 09/30/2009 | Invesco Legacy Securities Master Fund, L.P. | Loan | $1,161,920,000 | PPIP |
Debt Obligation w/ Contingent Proceeds
This amount represents the final adjusted investment amount, finalized 7/17/2010, but then adjusted again 9/26/2011. "/ On 09/26/2011, the General Partner notified Treasury that the Investment Period was terminated in accordance with the Limited Partnership Agreement. As a result, the Final Investment Amount, representing Treasury's debt obligation, has been reduced to the cumulative amount of debt funded."
So far,
$1.16B
has actually been disbursed:
|
| 09/21/2009 | Bank of America | Proceeds | $276,000,000 | AGP |
Termination Fee
Bank of America paid this fee to terminate the asset guarantee agreement.
|
| 09/30/2009 | CenterState Banks of Florida, Inc. | Dividend | $174,219 | CPP |
Dividend Paid
|
| 09/02/2009 | CVB Financial | Dividend | $76,736 | CPP |
Dividend Paid
|
| 09/09/2009 | F.N.B. Corporation | Dividend | $333,333 | CPP |
Dividend Paid
|
| 09/30/2009 | Fifth Third Bancorp | Dividend | $42,600,000 | CPP |
Dividend Paid
|
| 09/15/2009 | General Motors | Dividend | $34,083,686 | AIFP |
Dividend Paid
|
| 09/16/2009 | Manhattan Bancorp | Dividend | $7,319 | CPP |
Dividend Paid
|
| 09/15/2009 | SunTrust | Dividend | $60,625,000 | CPP |
Dividend Paid
|
| 09/23/2009 | Valley National | Dividend | $659,722 | CPP |
Dividend Paid
|
| 09/09/2009 | WesBanco | Dividend | $250,000 | CPP |
Dividend Paid
|
| 09/02/2009 | Westamerica Bancorporation | Dividend | $98,843 | CPP |
Dividend Paid
|
| 09/30/2009 | Fannie Mae | Dividend | $883,000,000 | PSI |
Dividend Paid
|
| 09/30/2009 | Freddie Mac | Dividend | $1,294,000,000 | PSI |
Dividend Paid
|
| 09/04/2009 | GM Supplier Receivables, LLC | Interest | $1,354,658 | ASSP |
Interest Payment
|
| 09/04/2009 | Chrysler Receivables SPV LLC | Interest | $574,920 | ASSP |
Interest Payment
|
| 09/30/2009 | UST/TCW Senior Mortgage Securities Fund, L.P. | Purchase | $156,250,000 | PPIP |
Membership Interest
Amount adjusted on Jan. 4, 2010.
|
| 09/30/2009 | UST/TCW Senior Mortgage Securities Fund, L.P. | Loan | $200,000,000 | PPIP |
Debt Obligation w/ Contingent Proceeds
Amount adjusted on Jan. 4, 2010.
|
| 09/30/2009 | Wachovia Mortgage, FSB | Subsidy | $293,656 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
So far,
$239K
has actually been disbursed:
Subsidy as of July 2022
|