Bailout Events for December 2014

See entire timeline of bailout events.

Date Entity Type Amount Program Description
12/31/2014 Liberty County Teachers Federal Credit Union Refund $87,000 CDCI
Partial Repayment
12/05/2014 First BanCorp Refund $22,063,492 CPP
Partial Repayment
12/03/2014 First United Corp Refund $7,800,000 CPP
Partial Repayment
12/03/2014 First United Corp Warrant $15,678 CPP
12/04/2014 First United Corp Refund $22,200,000 CPP
Repayment
12/04/2014 First United Corp Warrant $44,622 CPP
Warrant Proceeds
12/03/2014 Lone Star Bank Refund $1,195,906 CPP
Partial Repayment
12/04/2014 Lone Star Bank Refund $712,574 CPP
Partial Repayment
12/04/2014 Lone Star Bank Warrant $92,402 CPP
Warrant Proceeds
12/10/2014 NCAL Bancorp Refund $3,900,000 CPP
Partial Repayment
12/03/2014 Porter Bancorp Refund $2,693,800 CPP
Partial Repayment
12/04/2014 Porter Bancorp Refund $806,200 CPP
Partial Repayment
12/17/2014 The Magnolia State Corporation Refund $3,700,000 CDCI
Partial Repayment
12/31/2014 Fannie Mae Dividend $3,999,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $6.4 billion as of September 30, 2014 minus the capital reserve amount of $2.4 billion.
12/31/2014 Freddie Mac Dividend $2,786,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $5.2 billion at September 30, 2014 minus the capital reserve of $2.4 billion.
12/04/2014 First United Corp Dividend $97,375 CPP
Dividend - Cumulative
12/05/2014 Community Bancshares, Inc. Dividend $51,329 CPP
Dividend - Cumulative
12/03/2014 First United Corp Dividend $45,125 CPP
Dividend - Cumulative
12/10/2014 Community Bancshares, Inc. Dividend $38,898 CPP
Dividend - Cumulative
12/17/2014 The Magnolia State Corporation Interest $10,196 CDCI
Interest
12/31/2014 Liberty County Teachers Federal Credit Union Interest $222 CDCI
Interest
12/23/2014 Allegiance Bancshares, Inc. Dividend $139,655 CPP
Dividend Payment
12/15/2014 Allegiance Bancshares, Inc. Dividend $908,854 CPP
Dividend Payment
12/23/2014 Butte Federal Credit Union Interest $2,111 CDCI
Interest
12/31/2014 Butte Federal Credit Union Interest $444 CDCI
Interest
12/16/2014 Webster Bank, N.A. Subsidy $16,250 (cumulative) MHA
Incentive Payments for Home Loan Modification
So far, $13K has actually been disbursed:
  • Borrower: $10,000.00
  • Investor: $0.00
  • Servicer: $3,000.00
12/31/2014 Butte Federal Credit Union Refund $1,000,000 CDCI
Repayment
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