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Bailout Tracker

Tracking Every Dollar and Every Recipient

Companies » Bank (Private)

Mainline Bancorp, Inc.

Ebensburg, Pa. | See all recipients in Pennsylvania
$4.5M Disbursed
$4.5M Returned
$763K Revenue to Gov't
$763K Profit
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On 3/9/2012, Treasury completed the sale of all Mainline Bancorp, Inc. preferred stock and exercised warrants held by Treasury to 9th Street Holdings, Inc., a subsidiary of S&T Bancorp, Inc., for an aggregate purchase price of $4,725,000 plus accrued and unpaid dividends, pursuant to the terms of an agreement among Treasury, 9th Street Holdings, Inc., and S&T Bancorp, Inc. entered into on 3/8/2012.

Events

Date Type Amount Program Description
03/09/2012 Refund $4,500,000 CPP Repayment
03/09/2012 Warrant $225,000 CPP Warrant Proceeds
03/09/2012 Dividend $16,350 CPP Dividend - Cumulative
02/15/2012 Dividend $61,313 CPP Dividend - Cumulative
11/15/2011 Dividend $61,313 CPP Dividend - Cumulative
08/15/2011 Dividend $61,313 CPP Dividend - Cumulative
05/16/2011 Dividend $61,313 CPP Dividend - Cumulative
02/15/2011 Dividend $61,313 CPP Dividend - Cumulative
11/15/2010 Dividend $61,313 CPP Dividend - Cumulative
08/16/2010 Dividend $61,313 CPP Dividends payment
05/17/2010 Dividend $61,313 CPP Dividends payment
02/16/2010 Dividend $31,338 CPP Dividends payment
12/29/2009 Purchase $4,500,000 CPP Preferred Stock w/ Exercised Warrants

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