Citizens Commerce Bancshares
This investment resulted in a loss to taxpayers.
On 2/28/2017, Treasury completed the exchange of its Citizens Commerce Bancshares, Inc. preferred stock and warrant-preferred stock for common stock pursuant to an exchange agreement of the same date with Citizens Commerce Bancshares, Inc. As part of that transaction, Treasury immediately sold the resulting Citizens Commerce Bancshares, Inc. common stock to purchasers pursuant to securities purchase agreements, each dated as of 2/28/2017, with the purchaser parties thereto.
Dividends Paid in Aug. 2009
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Purchase - Preferred Stock w/ Exercised Warrants