SouthCrest Financial Group, Inc.
Fayetteville,
Ga. |
See all recipients in Georgia
$12.9M Disbursed |
$11.6M Returned |
$1.52M Revenue to Gov't |
$209K Profit |
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Events
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$588K Revenue
Mar. 11, 2013 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$11.6M Payback
Mar. 11, 2013 Partial Repayment
On 3/11/2013, Treasury completed the sale of 12,900 shares of SouthCrest Financial Group, Inc. preferred stock at $907.31 per share (less a placement agent fee) for net proceeds of $11,587,256.01 and 645 shares of SouthCrest Financial Group, Inc. preferred stock received upon the exercise of warrants at $921.25 per share (less a placement agent fee) for net proceeds of $588,264.19, pursuant to a placement agency agreement executed on 2/25/2013.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$176K Revenue
Nov. 12, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$176K Revenue
Aug. 13, 2010 Dividends payment
Part of Capital Purchase Program -
$176K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$176K Revenue
Feb. 12, 2010 Dividends payment
Part of Capital Purchase Program -
$176K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$54.7K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$12.9M Bailout
Jul. 17, 2009 Preferred Stock w/ Exercised Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
Date | Type | Amount | Program | Description |
---|---|---|---|---|
03/11/2013 | Refund | $11,587,256 | CPP | Partial Repayment |
03/11/2013 | Warrant | $588,264 | CPP | Warrant Proceeds |
11/12/2010 | Dividend | $175,763 | CPP | Dividend - Cumulative |
08/13/2010 | Dividend | $175,763 | CPP | Dividends payment |
05/17/2010 | Dividend | $175,763 | CPP | Dividends payment |
02/12/2010 | Dividend | $175,763 | CPP | Dividends payment |
11/16/2009 | Dividend | $175,763 | CPP | Dividends payment |
08/17/2009 | Dividend | $54,682 | CPP | Dividends Paid in Aug. 2009 |
07/17/2009 | Purchase | $12,900,000 | CPP | Preferred Stock w/ Exercised Warrants |
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