Citizens Bancshares Co.
Chillicothe,
Mo. |
See all recipients in
Missouri
$25M
Disbursed
$12.7M
Returned
$1.27M
Revenue to Gov't
$11M
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 02/08/2013 | Refund | $12,679,301 | CPP |
Partial Repayment
On 2/8/2013, Treasury completed the sale of 24,990 shares of Citizens Bancshares Co. preferred stock at $512.50 per share (less a placement agent fee) for net proceeds of $12,679,301.25 and 1,250 shares of Citizens Bancshares Co. preferred stock received upon the exercise of warrants at $521.25 per share (less a placement agent fee) for net proceeds of $645,046.87, pursuant to a placement agency agreement executed on 1/29/2013.
|
| 02/08/2013 | Warrant | $645,047 | CPP |
Warrant Proceeds
|
| 11/16/2009 | Dividend | $340,500 | CPP |
Dividends payment
|
| 08/14/2009 | Dividend | $287,533 | CPP |
Dividends Paid in Aug. 2009
|
| 05/29/2009 | Purchase | $24,990,000 | CPP |
Purchase - Preferred Stock w/ Exercised Warrants
|