Sonoma Valley Bancorp

Sonoma, Calif. | See all recipients in California
Revenue to Gov't
Net Outstanding

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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