Bailout Events for October 2016

See entire timeline of bailout events.

Date Entity Type Amount Program Description
10/11/2016 Community Bancshares Of Mississippi, Inc./Community Bank Of Mississippi Refund $50,778,000 CDCI
Partial Repayment
10/11/2016 State Capital Corp. Refund $14,750,000 CDCI
Partial Repayment
10/18/2016 BancPlus Corporation Refund $75,250,020 CDCI
Partial Repayment
10/31/2016 Security Federal Corp Refund $21,340,000 CDCI
Partial Repayment
10/18/2016 BancPlus Corporation Dividend $283,199 CDCI
Dividend - Cumulative
10/31/2016 Security Federal Corp Dividend $92,889 CDCI
Dividend - Cumulative
10/11/2016 State Capital Corp. Dividend $49,000 CDCI
Dividend
10/11/2016 Community Bancshares Of Mississippi, Inc./Community Bank Of Mississippi Dividend $169,867 CDCI
Dividend
10/14/2016 Planet Home Lending, LLC Subsidy $4,170,435 (cumulative) MHA
Incentive Payments for Home Loan Modifications
So far, $3.5M has actually been disbursed:
  • Borrower: $996,028.19
  • Investor: $2,399,367.56
  • Servicer: $99,873.54
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