Peoples Bancshares of TN

Madisonville, Tenn. | See all recipients in Tennessee
$3.9M
Disbursed
$2.92M
Returned
$845K
Revenue to Gov't
$135K
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
10/31/2012 Refund $2,919,500 CPP
Partial Repayment
On 10/31/2012, Treasury completed the sale of 3,900 shares of Peoples Bancshares of TN, Inc. preferred stock at $755.00 per share (less a placement agent fee) for net proceeds of $2,919,500.00 and 195 shares of Peoples Bancshares of TN, Inc. preferred stock received upon the exercise of warrants at $755.00 per share (less a placement agent fee) for net proceeds of $122,225.00, pursuant to a placement agency agreement executed on 10/22/2012.
10/31/2012 Warrant $122,225 CPP
Warrant Proceeds
08/14/2012 Dividend $53,138 CPP
Dividend - Cumulative
05/14/2012 Dividend $53,138 CPP
Dividend - Cumulative
02/14/2012 Dividend $53,138 CPP
Dividend - Cumulative
11/10/2011 Dividend $53,138 CPP
Dividend - Cumulative
08/12/2011 Dividend $53,138 CPP
Dividend - Cumulative
05/11/2011 Dividend $53,138 CPP
Dividend - Cumulative
02/11/2011 Dividend $53,138 CPP
Dividend - Cumulative
11/09/2010 Dividend $53,138 CPP
Dividend - Cumulative
08/12/2010 Dividend $53,138 CPP
Dividends payment
05/17/2010 Dividend $53,138 CPP
Dividends payment
02/12/2010 Dividend $53,138 CPP
Dividends payment
11/13/2009 Dividend $53,138 CPP
Dividends payment
08/14/2009 Dividend $53,138 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $32,473 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
03/20/2009 Purchase $3,900,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
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