Citizens Commerce Bancshares

Versailles, Ky. | See all recipients in Kentucky
$6.3M
Disbursed
$4.8M
Returned
$180K
Revenue to Gov't
$1.32M
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
02/28/2017 Refund $4,800,000 CPP
Partial Repayment
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.
08/17/2009 Dividend $85,838 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $94,421 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
02/06/2009 Purchase $6,300,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
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