Premier Bancorp
On 3/23/2012, Premier Bank, Wilmette, IL, the banking subsidiary of Premier Bancorp, Inc., was closed by the Illinois Department of Financial and Professional Regulation - Division of Banking, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. On 1/29/2013, UST received $79,900 representing the total amount of distributions paid to creditors as a result of the liquidation of Premier Bancorp, Inc.
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 01/29/2013 | Refund | $79,900 | CPP |
Partial Repayment
|
| 08/13/2010 | Interest | $127,690 | CPP |
Dividends payment
|
| 05/17/2010 | Interest | $130,592 | CPP |
Dividends payment
|
| 02/12/2010 | Interest | $130,592 | CPP |
Interest Payment
|
| 11/16/2009 | Interest | $130,592 | CPP |
Interest Payment
|
| 08/17/2009 | Interest | $140,749 | CPP |
Interest Payment
|
| 05/08/2009 | Purchase | $6,784,000 | CDCI |
Subordinated Debentures
|