Pinnacle Bank Holding Company

Orange City, Fla. | See all recipients in Florida
$4.39M
Disbursed
$700K
Returned
$285K
Revenue to Gov't
$3.4M
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
05/25/2018 Refund $700,000 CPP
Partial Repayment
On 5/22/2018, Treasury entered into an agreement with Pinnacle Bank Holding Company, Inc. (the “Company”) pursuant to which Treasury agreed to sell its CPP preferred stock back to the Company at a discount subject to the satisfaction of the conditions specified in the agreement. The sale was completed on 5/22/2018.
05/17/2010 Dividend $59,790 CPP
Dividends payment
02/16/2010 Dividend $59,790 CPP
Dividends payment
11/16/2009 Dividend $59,790 CPP
Dividends payment
08/17/2009 Dividend $59,790 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $45,839 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
03/06/2009 Purchase $4,389,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
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