Rising Sun Bancorp
Rising Sun,
Md. |
See all recipients in Maryland
This investment resulted in a loss to taxpayers. See below for details.
| $5.98M Disbursed |
| $0 Returned |
| $196K Revenue to Gov't |
| $5.79M Net Outstanding |
| $5.98M Committed |
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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.
Events
-
$81.5K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$114K 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 -
$5.98M Bailout
Jan. 9, 2009 Purchase - Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.treasury.gov
| 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 |
| 01/09/2009 | Purchase | $5,983,000 | CPP | Purchase - Preferred Stock w/ Exercised Warrants |
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