Florida Bank Group, Inc.

Tampa, Fla. | See all recipients in Florida
Revenue to Gov't
Net Outstanding

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
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