Princeton National Bancorp
Princeton,
Ill. |
See all recipients in Illinois
This investment resulted in a loss to taxpayers. See below for details.
| $25.1M Disbursed |
| $0 Returned |
| $2.27M Revenue to Gov't |
| $22.8M Net Outstanding |
| $25.1M Committed |
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On 11/2/2012, Citizens First National Bank, Princeton, IL, the banking subsidiary of Princeton National Bancorp, was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
Events
-
$314K Revenue
Nov. 12, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$314K Revenue
Aug. 13, 2010 Dividends payment
Part of Capital Purchase Program -
$314K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$314K Revenue
Feb. 17, 2010 Dividends payment
Part of Capital Purchase Program -
$314K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$314K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$390K Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$25.1M Bailout
Jan. 23, 2009 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from money.cnn.com
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 11/12/2010 | Dividend | $313,538 | CPP | Dividend - Cumulative |
| 08/13/2010 | Dividend | $313,538 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $313,538 | CPP | Dividends payment |
| 02/17/2010 | Dividend | $313,538 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $313,538 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $313,538 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $390,180 | CPP | Dividends Paid Through 5/31/2009 |
| 01/23/2009 | Purchase | $25,083,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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