National Bancshares

Bettendorf, Iowa | See all recipients in Iowa
$24.7M
Disbursed
$18.3M
Returned
$3.15M
Revenue to Gov't
$3.19M
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
02/20/2013 Warrant $845,448 CPP
Warrant Proceeds
02/20/2013 Refund $18,318,148 CPP
On 2/20/2013, Treasury completed the sale of 24,664 shares of National Bancshares, Inc. preferred stock at $750.21 per share (less a placement agent fee) for net proceeds of $18,318,147.65 and 1,233 shares of National Bancshares, Inc. preferred stock received upon the exercise of warrants at $692.61 per share (less a placement agent fee) for net proceeds of $845,448.25, pursuant to a placement agency agreement executed on 2/6/2013.
11/15/2010 Dividend $336,043 CPP
Dividend - Cumulative
08/16/2010 Dividend $336,043 CPP
Dividends payment
05/17/2010 Dividend $336,043 CPP
Dividends payment
02/16/2010 Dividend $336,043 CPP
Dividends payment
11/16/2009 Dividend $336,043 CPP
Dividends payment
08/17/2009 Dividend $336,043 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $291,237 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
02/27/2009 Purchase $24,664,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print RSS Search Search Twitter WhatsApp