Western Community Bancshares
Palm Desert,
Calif. |
See all recipients in
California
$7.29M
Disbursed
$0
Returned
$554K
Revenue to Gov't
$6.74M
Net Outstanding
The subsidiary bank of Western Community Bancshares, Inc., Frontier Bank, was closed by the Office of the Comptroller of the Currency, and the FDIC was named Receiver on Friday, 11/7/2014.
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/17/2010 | Dividend | $99,338 | CPP |
Dividends payment
|
| 02/16/2010 | Dividend | $99,338 | CPP |
Dividends payment
|
| 11/13/2009 | Dividend | $99,338 | CPP |
Dividends payment
|
| 08/17/2009 | Dividend | $99,338 | CPP |
Dividends Paid in Aug. 2009
|
| 05/31/2009 | Dividend | $156,733 | CPP |
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
|
| 12/23/2008 | Purchase | $7,290,000 | CPP |
Purchase - Preferred Stock w/ Exercised Warrants
|