Journalism in the Public Interest

Blue River Bancshares

Shelbyville, Ind. | See all recipients in Indiana

This investment resulted in a loss to taxpayers. See below for details.

$5M Disbursed
$0 Returned
$529K Revenue to Gov't
$4.47M Net Outstanding
$5M Committed
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On 2/10/2012, SCB Bank, Shelbyville, Indiana, the banking subsidiary of Blue River Bancshares, Inc., was closed by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.


Date Type Amount Program Description
02/15/2011 Dividend $68,125 CPP Dividend - Cumulative
11/15/2010 Dividend $68,125 CPP Dividend - Cumulative
08/16/2010 Dividend $68,125 CPP Dividends payment
05/17/2010 Dividend $68,125 CPP Dividends payment
02/16/2010 Dividend $68,125 CPP Dividends payment
11/16/2009 Dividend $68,125 CPP Dividends payment
08/17/2009 Dividend $68,125 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $52,230 CPP Dividends Paid Through 5/31/2009
03/06/2009 Purchase $5,000,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

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