Journalism in the Public Interest

Metropolitan Bank Group

Chicago, Ill. | See all recipients in Illinois

This investment resulted in a loss to taxpayers. See below for details.

$74.7M Disbursed
$23.7M Returned
$3.45M Revenue to Gov't
$47.5M Net Outstanding
$74.7M Committed
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  • $23.7M Payback

    Jun. 28, 2013 Partial Repayment

    On 6/28/2013, Treasury completed the sale to MBG Investors I, L.P. of all preferred stock (including the preferred stock received upon the exercise of warrants) issued by Metropolitan Bank Group, Inc. to Treasury for an aggregate purchase price of $26,000,000.00, pursuant to the terms of the agreement among Treasury, MBG Investors I, L.P. and Metropolitan Bank Group, Inc. entered into on 6/26/2013.

    More info from

  • $975K Revenue

    May 17, 2010 Dividends payment

  • $975K Revenue

    Feb. 16, 2010 Dividends payment

  • $975K Revenue

    Nov. 16, 2009 Dividends payment

  • $531K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

  • $74.7M Bailout

    Jun. 26, 2009 Preferred Stock w/ Exercised Warrants

Date Type Amount Program Description
06/28/2013 Refund $23,718,542 CPP Partial Repayment
05/17/2010 Dividend $974,535 CPP Dividends payment
02/16/2010 Dividend $974,535 CPP Dividends payment
11/16/2009 Dividend $974,535 CPP Dividends payment
08/17/2009 Dividend $530,580 CPP Dividends Paid in Aug. 2009
06/26/2009 Purchase $74,706,000 CPP Preferred Stock w/ Exercised Warrants

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