Florida Bank Group, Inc.
On 8/14/2013, Treasury sold its CPP preferred stock issued by Florida Bank Group, Inc. (FBG) back to FBG for an aggregate purchase price of $8,000,000, pursuant to the terms of the agreement between Treasury and FBG entered into on 2/12/13.
This investment resulted in a loss to taxpayers.
Date | Type | Amount | Program | Description |
---|---|---|---|---|
08/14/2013 | Refund | $8,000,000 | CPP |
Partial Repayment
|
08/16/2010 | Dividend | $278,928 | CPP |
Dividends payment
|
05/17/2010 | Dividend | $278,928 | CPP |
Dividends payment
|
02/16/2010 | Dividend | $278,928 | CPP |
Dividends payment
|
11/16/2009 | Dividend | $278,928 | CPP |
Dividends payment
|
08/14/2009 | Dividend | $65,083 | CPP |
Dividends Paid in Aug. 2009
|
07/24/2009 | Purchase | $20,471,000 | CPP |
Purchase - Preferred Stock w/ Exercised Warrants
|