First Sound Bank

Seattle, Wash. | See all recipients in Washington
$7.4M
Disbursed
$3.7M
Returned
$331K
Revenue to Gov't
$3.37M
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
02/20/2013 Refund $3,700,000 CPP
Partial Repayment
178/ On 2/20/2013, Treasury sold its CPP preferred stock and warrant issued by First Sound Bank (“First Sound”) back to First Sound for an aggregate purchase price of $3,700,000, pursuant to the terms of the agreement between Treasury and First Sound entered into on 11/30/2012.
11/16/2009 Dividend $92,500 CPP
Dividends payment
08/17/2009 Dividend $92,500 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $145,944 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
12/23/2008 Purchase $7,400,000 CPP
Purchase - Preferred Stock w/ Warrants
Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print RSS Search Search Twitter WhatsApp