Delmar Bancorp
Delmar,
Md. |
See all recipients in
Maryland
$9M
Disbursed
$5.45M
Returned
$1.14M
Revenue to Gov't
$2.4M
Net Outstanding
This investment resulted in a loss to taxpayers.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 02/07/2013 | Warrant | $311,944 | CPP |
Warrant Proceeds
|
| 02/07/2013 | Refund | $5,453,900 | CPP |
On 2/7/2013, Treasury completed the sale of 9,000 shares of Delmar Bancorp preferred stock at $612.11 per share (less a placement agent fee) for net proceeds of $5,453,900.10 and 450 shares of Delmar Bancorp preferred stock received upon the exercise of warrants at $700.21 per share (less a placement agent fee) for net proceeds of $311,943.55, pursuant to a placement agency agreement executed on 1/29/2013.
|
| 08/15/2011 | Dividend | $122,625 | CPP |
Dividend - Cumulative
|
| 05/11/2011 | Dividend | $122,625 | CPP |
Dividend - Cumulative
|
| 02/15/2011 | Dividend | $122,625 | CPP |
Dividend - Cumulative
|
| 11/15/2010 | Dividend | $122,625 | CPP |
Dividend - Cumulative
|
| 08/16/2010 | Dividend | $122,625 | CPP |
Dividends payment
|
| 05/17/2010 | Dividend | $122,625 | CPP |
Dividends payment
|
| 02/16/2010 | Dividend | $96,738 | CPP |
Dividends payment
|
| 12/04/2009 | Purchase | $9,000,000 | CPP |
Preferred Stock w/ Exercised Warrants
|