Journalism in the Public Interest

First Reliance Bancshares

Florence, S.C. | See all recipients in South Carolina

This investment resulted in a loss to taxpayers. See below for details.

$15.3M Disbursed
$10.3M Returned
$2.67M Revenue to Gov't
$2.35M Net Outstanding
$15.3M Committed
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Date Type Amount Program Description
03/11/2013 Refund $10,327,021 CPP Partial Repayment
03/11/2013 Warrant $624,632 CPP Warrant Proceeds
08/15/2011 Dividend $209,120 CPP Dividend - Cumulative
05/16/2011 Dividend $209,120 CPP Dividend - Cumulative
02/15/2011 Dividend $209,120 CPP Dividend - Cumulative
11/15/2010 Dividend $209,120 CPP Dividend - Cumulative
08/16/2010 Dividend $209,120 CPP Dividends payment
05/17/2010 Dividend $209,120 CPP Dividends payment
02/16/2010 Dividend $209,120 CPP Dividends payment
11/16/2009 Dividend $209,120 CPP Dividends payment
08/17/2009 Dividend $209,120 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $160,326 CPP Dividends Paid Through 5/31/2009
03/06/2009 Purchase $15,349,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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