State Bancorp
New Hyde Park,
N.Y. |
See all recipients in
New York
$36.8M
Disbursed
$36.8M
Returned
$5.68M
Revenue to Gov't
$5.68M
Profit
As a result of the acquisition of State Bancorp, Inc. (the acquired company) by Valley National Bancorp (the acquiror), the warrant issued by the acquired company on 12/5/2008 was exchanged for a like security of the acquiror, pursuant to the terms of an agreement among Treasury, the acquired company and the acquiror entered into on 1/1/2012.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/27/2015 | Warrant | $103,677 | CPP |
Warrant Proceeds
|
| 12/14/2011 | Refund | $36,842,000 | CPP |
Repayment
|
| 12/14/2011 | Dividend | $148,391 | CPP |
Dividend - Cumulative
|
| 11/15/2011 | Dividend | $460,525 | CPP |
Dividend - Cumulative
|
| 08/15/2011 | Dividend | $460,525 | CPP |
Dividend - Cumulative
|
| 05/16/2011 | Dividend | $460,525 | CPP |
Dividend - Cumulative
|
| 02/15/2011 | Dividend | $460,525 | CPP |
Dividend - Cumulative
|
| 11/15/2010 | Dividend | $460,525 | CPP |
Dividend - Cumulative
|
| 08/16/2010 | Dividend | $460,525 | CPP |
Dividends payment
|
| 05/17/2010 | Dividend | $460,525 | CPP |
Dividends payment
|
| 02/16/2010 | Dividend | $460,525 | CPP |
Dividends payment
|
| 11/16/2009 | Dividend | $460,525 | CPP |
Dividends payment
|
| 08/17/2009 | Dividend | $460,525 | CPP |
Dividends Paid in Aug. 2009
|
| 05/31/2009 | Dividend | $818,711 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
| 12/05/2008 | Purchase | $36,842,000 | CPP |
Purchase - Preferred Stock w/ Warrants
|