Journalism in the Public Interest

Indiana Bank Corp

Dana, Ind. | See all recipients in Indiana

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

$1.31M Disbursed
$0 Returned
$165K Revenue to Gov't
$1.15M Net Outstanding
$1.31M Committed
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On 04/09/2013, Indiana Bank Corp. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Indiana.


Date Type Amount Program Description
08/15/2011 Dividend $17,885 CPP Dividend - Cumulative
05/16/2011 Dividend $17,885 CPP Dividend - Cumulative
02/15/2011 Dividend $17,885 CPP Dividend - Cumulative
11/15/2010 Dividend $17,885 CPP Dividend - Cumulative
08/16/2010 Dividend $17,885 CPP Dividends payment
05/17/2010 Dividend $17,885 CPP Dividends payment
02/16/2010 Dividend $17,885 CPP Dividends payment
11/16/2009 Dividend $17,885 CPP Dividends payment
08/17/2009 Dividend $17,885 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $4,174 CPP Dividends Paid Through 5/31/2009
04/24/2009 Purchase $1,312,000 CPP Preferred Stock w/ Exercised Warrants

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