Rising Sun Bancorp

Rising Sun, Md. | See all recipients in Maryland
$5.98M
Disbursed
$0
Returned
$196K
Revenue to Gov't
$5.79M
Net Outstanding

The subsidiary bank of Rising Sun Bancorp, NBRS Financial, was closed by the Maryland Office of the Commissioner of Financial Regulation, and the FDIC was named Receiver on Friday, 10/17/2014.

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
08/17/2009 Dividend $81,515 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $114,122 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
01/09/2009 Purchase $5,983,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
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