Sonoma Valley Bancorp
On 8/20/2010, Sonoma Valley Bank, Sonoma, CA, the banking subsidiary of Sonoma Valley Bancorp, was closed by the California Department of Financial Institutions, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
This investment resulted in a loss to taxpayers.
Date | Type | Amount | Program | Description |
---|---|---|---|---|
06/15/2016 | Refund | $150,000 | CPP |
Partial Repayment
Sonoma Valley Bancorp was liquidated and dissolved pursuant to the provision of the California Corporations Code. As part of that liquidation and dissolution, UST received a distribution of $150,000 from Sonoma Valley Bancorp on 6/15/2016.
|
11/13/2009 | Dividend | $117,905 | CPP |
Dividends payment
|
08/14/2009 | Dividend | $117,905 | CPP |
Dividends Paid in Aug. 2009
|
05/31/2009 | Dividend | $111,354 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
02/20/2009 | Purchase | $8,653,000 | CPP |
Purchase - Preferred Stock w/ Exercised Warrants
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