Stonebridge Financial Corp

West Chester, Pa. | See all recipients in Pennsylvania
$11M
Disbursed
$1.88M
Returned
$774K
Revenue to Gov't
$8.32M
Net Outstanding

This investment resulted in a loss to taxpayers.

Date Type Amount Program Description
03/27/2013 Warrant $139,063 CPP
Warrant Proceeds
03/27/2013 Refund $1,879,145 CPP
Partial Repayment
On 3/27/2013, Treasury completed the sale of 10,973 shares of Stonebridge Financial Corp. preferred stock at $173.53 per share (less a placement agent fee) for net proceeds of $1,879,144.69 and 549 shares of Stonebridge Financial Corp. preferred stock received upon the exercise of warrants at $298.84 per share (less a placement agent fee) for net proceeds of $139,063.16, pursuant to a placement agency agreement executed on 3/11/2013.
02/16/2010 Dividend $149,515 CPP
Dividends payment
11/16/2009 Dividend $149,515 CPP
Dividends payment
08/17/2009 Dividend $149,515 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $186,064 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
01/23/2009 Purchase $10,973,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
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