Capital Bank

Raleigh, N.C. | See all recipients in North Carolina
$41.3M
Disbursed
$41.3M
Returned
$3.97M
Revenue to Gov't
$3.97M
Profit

Treasury entered into an agreement on 1/28/2011 with North American Financial Holdings, Inc. for the sale of all Preferred Stock and Warrants issued by Capital Bank Corporation to Treasury for an aggregate purchase price of $41,279,000. Since the conditions to closing of the sale were satisfied, the closing of the sale also occurred on 1/28/2011.

Date Type Amount Program Description
01/28/2011 Refund $41,279,000 CPP
Repayment
11/15/2010 Dividend $515,988 CPP
Dividend - Cumulative
08/16/2010 Dividend $515,988 CPP
Dividends payment
05/17/2010 Dividend $515,988 CPP
Dividends payment
02/16/2010 Dividend $515,988 CPP
Dividends payment
11/16/2009 Dividend $515,988 CPP
Dividends payment
08/17/2009 Dividend $515,988 CPP
Dividends Paid in Aug. 2009
05/31/2009 Dividend $877,179 CPP
Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
12/12/2008 Purchase $41,279,000 CPP
Purchase - Preferred Stock w/ Warrants
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