Seacoast Banking Corp

Stuart, Fla. | See all recipients in Florida
$50M
Disbursed
$40.4M
Returned
$8.64M
Revenue to Gov't
$955K
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
05/30/2012 Warrant $55,000 CPP
Warrant Proceeds
04/03/2012 Dividend $333,340 CPP
Dividend - Cumulative
03/28/2012 Refund $40,404,700 CPP
Partial Repayment
On 3/28/2012, Treasury executed an underwriting agreement for the sale of 2,000 shares of Seacoast Banking Corporation of Florida preferred stock at $20,510.00 per share (less underwriting discounts) for net proceeds of $40,404,700.00 plus accrued and unpaid dividends.
02/14/2012 Dividend $625,000 CPP
Dividend - Cumulative
11/14/2011 Dividend $625,000 CPP
Dividend - Cumulative
08/15/2011 Dividend $6,613,541 CPP
Dividend - Cumulative
05/31/2009 Dividend $388,889 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
12/19/2008 Purchase $50,000,000 CPP
Purchase - Preferred Stock w/ Warrants
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