First Vernon Bancshares

Vernon, Ala. | See all recipients in Alabama
$6.25M
Disbursed
$5.75M
Returned
$1.45M
Revenue to Gov't
$946K
Profit

This institution qualified to participate in the Community Development Capital Initiative (CDCI) and exchanged its Capital Purchase Program (CPP) investment for an equivalent amount of investment with Treasury under the CDCI program terms. We've listed the original CPP investment as a CDCI investment.

Date Type Amount Program Description
11/29/2016 Dividend $36,107 CDCI
Dividend - Cumulative
11/29/2016 Refund $5,745,400 CDCI
Partial Repayment
09/13/2016 Dividend $190,003 CDCI
Dividend - Cumulative
02/17/2015 Dividend $31,225 CDCI
Dividend - Cumulative
11/17/2014 Dividend $31,225 CDCI
Dividend - Cumulative
08/15/2014 Dividend $31,225 CDCI
Dividend - Cumulative
05/15/2014 Dividend $31,225 CDCI
Dividend - Cumulative
02/18/2014 Dividend $31,225 CDCI
Dividend - Cumulative
11/15/2013 Dividend $63,962 CDCI
Dividend - Cumulative
10/31/2013 Dividend $320,967 CDCI
Dividend - Cumulative
11/15/2010 Dividend $15,959 CDCI
Dividend - Cumulative
09/29/2010 Dividend $39,362 CPP
Dividend - Cumulative
09/29/2010 Purchase $245,000 CDCI
Preferred Stock
This amount, representing the warrants, was included in the final investment via the CDCI.
09/29/2010 Warrant $245,000 CPP
Warrant Proceeds
08/16/2010 Dividend $80,513 CPP
Dividends payment
05/17/2010 Dividend $80,513 CPP
Dividends payment
02/16/2010 Dividend $80,513 CPP
Dividends payment
11/16/2009 Dividend $80,513 CPP
Dividends payment
08/17/2009 Dividend $56,359 CPP
Dividend Payment
06/12/2009 Purchase $6,000,000 CDCI
Preferred Stock w/ Exercised Warrants
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