Citizens Republic Bancorp
Flint,
Mich. |
See all recipients in
Michigan
$300M
Disbursed
$300M
Returned
$81.4M
Revenue to Gov't
$81.4M
Profit
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/13/2015 | Warrant | $12,150,120 | CPP |
Warrant Proceeds
|
| 04/12/2013 | Refund | $300,000,000 | CPP |
Repayment
214/ On 4/12/2013, Treasury completed (i) the sale of its CPP preferred in Citizens Republic Bancorp, Inc. (Citizens Republic) to FirstMerit Corporation (FirstMerit) and (ii) the exchange of its warrant in Citizens Republic for a warrant issued by FirstMerit, pursuant to a securities purchase agreement, dated as of 2/19/13, among Treasury, FirstMerit and Citizens Republic.
|
| 04/12/2013 | Dividend | $55,370,437 | CPP |
Dividend - Cumulative
|
| 11/16/2009 | Dividend | $3,750,000 | CPP |
Dividends payment
|
| 08/17/2009 | Dividend | $3,750,000 | CPP |
Dividends Paid in Aug. 2009
|
| 05/31/2009 | Dividend | $6,375,000 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
| 12/12/2008 | Purchase | $300,000,000 | CPP |
Purchase - Preferred Stock w/ Warrants
|