Journalism in the Public Interest

CoastalSouth Bancshares, Inc.

Hilton Head Island, S.C. | See all recipients in South Carolina

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

$16M Disbursed
$12.6M Returned
$1.65M Revenue to Gov't
$1.76M Net Outstanding
$16M Committed
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Date Type Amount Program Description
03/11/2013 Refund $12,606,191 CPP
03/11/2013 Warrant $415,848 CPP Warrant Proceeds
02/15/2011 Dividend $210,988 CPP Dividend - Cumulative
11/15/2010 Dividend $210,988 CPP Dividend - Cumulative
08/16/2010 Dividend $210,988 CPP Dividends payment
05/17/2010 Dividend $210,988 CPP Dividends payment
02/16/2010 Dividend $210,988 CPP Dividends payment
11/16/2009 Dividend $180,511 CPP Dividends payment
08/28/2009 Purchase $16,015,000 CPP Preferred Stock w/ Exercised Warrants

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