Bailout Events for September 2013
See entire timeline of bailout events.
| Date | Entity | Type | Amount | Program | Description |
|---|---|---|---|---|---|
| 09/04/2013 | UNO Federal Credit Union | Refund | $743,000 | CDCI |
|
| 09/06/2013 | TALF LLC | Proceeds | $74,797,684 | TALF |
Proceeds
|
| 09/05/2013 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Proceeds | $3,999,980 | PPIP |
Distribution
|
| 09/05/2013 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Proceeds | $1,000,001 | PPIP |
Distribution
|
| 09/13/2013 | First BanCorp | Refund | $8,514,153 | CPP |
Partial Repayment
|
| 09/13/2013 | General Motors | Refund | $3,822,724,832 | AIFP |
On 9/13/2013, Treasury sold 110,336,510 shares of GM common stock in a registered public offering at $34.65 per share for net proceeds to Treasury of $3,822,724,832. The sale further reduced Treasury's equity stake in GM to 7.32 percent. The sale was made pursuant to pre-arranged written trading plans dated May 6, 2013, as amended, Treasury gave Citigroup Global Markets, Inc. and J.P. Morgan Securities, LLC discretionary authority, as its sales agent, to sell subject to certain parameters up to 142,814,136 shares of common stock from time to time during the period ending on September 13, 2013 (or upon completion of the sale).
|
| 09/18/2013 | PeoplesSouth Bancshares | Refund | $12,325,000 | CPP |
Repayment
|
| 09/18/2013 | PeoplesSouth Bancshares | Warrant | $616,000 | CPP |
Warrant Proceeds
|
| 09/20/2013 | General Motors | Refund | $11,832,877 | AIFP |
Partial Repayment
|
| 09/25/2013 | Centrue Financial | Refund | $8,211,450 | CPP |
Partial Repayment
|
| 09/25/2013 | DeSoto County Bank | Refund | $1,895,468 | CPP |
|
| 09/25/2013 | First Banks, Inc. | Refund | $3,226,802 | CPP |
Partial Repayment
|
| 09/25/2013 | Ojai Community Bank | Refund | $2,080,000 | CPP |
Repayment
|
| 09/25/2013 | Ojai Community Bank | Warrant | $104,000 | CPP |
Warrant Proceeds
|
| 09/25/2013 | RCB Financial Corporation | Refund | $8,073,279 | CPP |
Partial Repayment
|
| 09/25/2013 | RCB Financial Corporation | Warrant | $255,943 | CPP |
Warrant Proceeds
|
| 09/25/2013 | Reliance Bancshares | Refund | $40,000,000 | CPP |
Repayment
|
| 09/30/2013 | Reliance Bancshares | Warrant | $2,222,020 | CPP |
Warrant Proceeds
|
| 09/25/2013 | Severn Bancorp | Refund | $23,367,268 | CPP |
Partial Repayment
|
| 09/25/2013 | Todd Bancshares | Refund | $4,000,000 | CPP |
Repayment
|
| 09/25/2013 | Todd Bancshares | Warrant | $200,000 | CPP |
Warrant Proceeds
|
| 09/24/2013 | DeSoto County Bank | Refund | $301,429 | CPP |
Partial Repayment
|
| 09/24/2013 | First Banks, Inc. | Refund | $3,209,702 | CPP |
Partial Repayment
|
| 09/27/2013 | Anchor BanCorp Wisconsin | Refund | $6,000,000 | CPP |
Partial Repayment
|
| 09/30/2013 | Cathay General Bancorp | Refund | $129,000,000 | CPP |
Repayment
|
| 09/30/2013 | Randolph Bank & Trust Company | Refund | $6,229,000 | CPP |
Repayment
|
| 09/30/2013 | Randolph Bank & Trust Company | Warrant | $311,000 | CPP |
Warrant Proceeds
|
| 09/30/2013 | Fannie Mae | Dividend | $10,243,000,000 | PSI |
Dividend Payment
The dividend was based on Fannie having a net worth of $13.2 billion as of June 30, 2013 minus the capital reserve amount of $3 billion.
|
| 09/30/2013 | Freddie Mac | Dividend | $4,357,000,000 | PSI |
Dividend Payment
The dividend amount was based on a net worth amount of $7.4 billion at June 30, 2013 minus the capital reserve of $3 billion.
|
| 09/30/2013 | Cathay General Bancorp | Dividend | $806,250 | CPP |
Dividend - Cumulative
|
| 09/18/2013 | PeoplesSouth Bancshares | Dividend | $61,572 | CPP |
Dividend - Cumulative
|
| 09/30/2013 | Randolph Bank & Trust Company | Dividend | $42,430 | CPP |
Dividend - Non Cumulative
|
| 09/25/2013 | Todd Bancshares | Dividend | $24,222 | CPP |
Dividend - Cumulative
|
| 09/27/2013 | Tri-State Bank of Memphis | Dividend | $13,975 | CDCI |
Dividend - Non Cumulative
|
| 09/25/2013 | DeSoto County Bank | Dividend | $12,871 | CPP |
Dividend - Non Cumulative
|
| 09/25/2013 | Ojai Community Bank | Dividend | $12,596 | CPP |
Dividend - Non Cumulative
|
| 09/23/2013 | DeSoto County Bank | Dividend | $2,625 | CPP |
Dividend - Non Cumulative
|
| 09/04/2013 | UNO Federal Credit Union | Interest | $784 | CDCI |
Interest
|