The Bank of Currituck
Moyock,
N.C. |
See all recipients in
North Carolina
$4.02M
Disbursed
$1.74M
Returned
$170K
Revenue to Gov't
$2.11M
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 12/03/2010 | Refund | $1,742,850 | CPP |
Partial Repayment
On 12/3/2010, Treasury completed the sale of all preferred stock (including the preferred stock received upon the exercise of warrants) issued by The Bank of Currituck (âCurrituckâ) to Treasury for an aggregate purchase price of $1,742,850, pursuant to the terms of the agreement between Treasury and Currituck entered into on 11/5/2010.
|
| 11/16/2009 | Dividend | $54,785 | CPP |
Dividends payment
|
| 08/17/2009 | Dividend | $54,785 | CPP |
Dividends Paid in Aug. 2009
|
| 05/31/2009 | Dividend | $60,264 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
| 02/06/2009 | Purchase | $4,021,000 | CPP |
Purchase - Preferred Stock w/ Exercised Warrants
|