Connecticut Bank and Trust Company

Hartford, Conn. | See all recipients in Connecticut
$5.45M
Disbursed
$5.45M
Returned
$1.45M
Revenue to Gov't
$1.45M
Profit
Date Type Amount Program Description
04/19/2012 Dividend $49,183 CPP
Dividend - Non-Cumulative
04/19/2012 Warrant $792,783 CPP
Warrant Proceeds
On 4/20/2012, Treasury completed the sale of all The Connecticut Bank and Trust Company preferred stock held by Treasury to Berkshire Bank for an aggregate purchase price of $6,289,966.33 consisting of (a) (i) $5,448,000.00 for the preferred stock plus (ii) all accrued and unpaid dividends and (b) $792,783.00 for the Warrant, pursuant to the terms of the agreement by and among Treasury, The Connecticut Bank and Trust Company, and Berkshire Bank entered into on 4/19/2012.
04/19/2012 Refund $5,448,000 CPP
Repayment
11/15/2011 Dividend $68,100 CPP
Dividend - Non-Cumulative
08/16/2011 Dividend $68,100 CPP
Dividend - Non-Cumulative
05/16/2011 Dividend $68,100 CPP
Dividend - Non-Cumulative
02/15/2011 Dividend $68,100 CPP
Dividend - Non-Cumulative
11/15/2010 Dividend $68,100 CPP
Dividend - Non-Cumulative
08/16/2010 Dividend $68,100 CPP
Dividends payment
05/17/2010 Dividend $68,100 CPP
Dividends payment
02/16/2010 Dividend $68,100 CPP
Dividends payment
11/16/2009 Dividend $68,100 CPP
Dividends payment
12/19/2008 Purchase $5,448,000 CPP
Purchase - Preferred Stock w/ Warrants
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