Gateway Bancshares

Ringgold, Ga. | See all recipients in Georgia
$6M
Disbursed
$6M
Returned
$1.26M
Revenue to Gov't
$1.26M
Profit
Date Type Amount Program Description
04/13/2012 Dividend $218,687 CPP
Dividend - Cumulative
04/13/2012 Warrant $300,000 CPP
Warrant Proceeds
04/13/2012 Refund $6,000,000 CPP
Repayment
On 4/13/2012, Treasury completed the sale of all Gateway Bancshares, Inc. preferred stock held by Treasury to First Volunteer Corporation ("First Volunteer") for an aggregate purchase price of $6,300,000.00 plus accrued and unpaid dividends, pursuant to the terms of the agreement between Treasury and First Volunteer.
08/15/2011 Dividend $81,750 CPP
Dividend - Cumulative
05/13/2011 Dividend $81,750 CPP
Dividend - Cumulative
02/09/2011 Dividend $81,750 CPP
Dividend - Cumulative
11/16/2010 Dividend $81,750 CPP
Dividend - Cumulative
08/13/2010 Dividend $81,750 CPP
Dividends payment
05/17/2010 Dividend $81,750 CPP
Dividends payment
02/12/2010 Dividend $81,750 CPP
Dividends payment
11/16/2009 Dividend $81,750 CPP
Dividends payment
08/17/2009 Dividend $88,108 CPP
Dividends Paid in Aug. 2009
05/08/2009 Purchase $6,000,000 CPP
Preferred Stock w/ Exercised Warrants
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