Bailout Events for December 2010
See entire timeline of bailout events.
Date | Entity | Type | Amount | Program | Description |
---|---|---|---|---|---|
12/06/2010 | Citigroup | Proceeds | $6,852,354,471 | CPP |
Revenue from Sale of Stock
|
12/08/2010 | California Oaks State Bank | Refund | $3,300,000 | CPP |
Repayment
|
12/03/2010 | The Bank of Currituck | Refund | $1,742,850 | CPP |
Partial Repayment
On 12/3/2010, Treasury completed the sale of all preferred stock (including the preferred stock received upon the exercise of warrants) issued by The Bank of Currituck (âCurrituckâ) to Treasury for an aggregate purchase price of $1,742,850, pursuant to the terms of the agreement between Treasury and Currituck entered into on 11/5/2010.
|
12/01/2010 | Central Jersey Bancorp | Warrant | $319,659 | CPP |
Warrant Proceeds
|
12/06/2010 | Citigroup | Refund | $4,967,921,811 | CPP |
Revenue from Sale of Stock
|
12/06/2010 | Citigroup | Refund | $3,663,368,619 | CPP |
Revenue from Sale of Stock
|
12/08/2010 | California Oaks State Bank | Warrant | $165,000 | CPP |
Warrant Proceeds
|
12/15/2010 | Sandy Spring Bancorp | Refund | $41,547,000 | CPP |
Repayment
|
12/15/2010 | United Financial Banking Companies | Refund | $3,000,000 | CPP |
Partial Repayment
|
12/15/2010 | Signature Bancshares | Refund | $1,700,000 | CPP |
Repayment
|
12/15/2010 | Signature Bancshares | Warrant | $85,000 | CPP |
Warrant Proceeds
|
12/15/2010 | General Motors | Refund | $2,139,406,778 | AIFP |
Partial Repayment
Treasury accepted an offer by General Motors to repurchase all of the approximately $2.1 billion preferred stock at a price per share of $25.50, which is equal to 102% of the liquidation preference, subject to the closing of the proposed initial public offering of GMâs common stock. The repurchase was completed on 12/15/2010.
|
12/15/2010 | First PacTrust Bancorp, Inc. | Refund | $19,300,000 | CPP |
Repayment
|
12/22/2010 | Huntington Bancshares | Refund | $1,398,071,000 | CPP |
Repayment
|
12/22/2010 | Heritage Financial Corp | Refund | $24,000,000 | CPP |
Repayment
|
12/22/2010 | Susquehanna Bancshares | Refund | $100,000,000 | CPP |
Repayment
|
12/22/2010 | Wintrust Financial Corp | Refund | $250,000,000 | CPP |
Repayment
|
12/22/2010 | The Bank of Kentucky | Refund | $17,000,000 | CPP |
Partial Repayment
|
12/22/2010 | First Horizon National | Refund | $866,540,000 | CPP |
Repayment
|
12/30/2010 | Capital Bancorp | Refund | $4,700,000 | CPP |
Repayment
|
12/30/2010 | Capital Bancorp | Warrant | $235,000 | CPP |
Warrant Proceeds
|
12/29/2010 | Surrey Bancorp | Refund | $2,000,000 | CPP |
Repayment
|
12/29/2010 | Surrey Bancorp | Warrant | $100,000 | CPP |
Warrant Proceeds
|
12/29/2010 | 1st Source Corp | Refund | $111,000,000 | CPP |
Repayment
|
12/29/2010 | Webster Financial | Refund | $200,000,000 | CPP |
Repayment
|
12/29/2010 | East West Bancorp, Inc. | Refund | $306,546,000 | CPP |
Repayment
|
12/29/2010 | Haviland Bancshares | Refund | $425,000 | CPP |
Repayment
|
12/29/2010 | Haviland Bancshares | Warrant | $21,000 | CPP |
Warrant Proceeds
|
12/29/2010 | Nationwide Bankshares, Inc. | Refund | $2,000,000 | CPP |
Repayment
|
12/29/2010 | Nationwide Bankshares, Inc. | Warrant | $100,000 | CPP |
Warrant Proceeds
|
12/29/2010 | Chrysler | Proceeds | $7,844,409 | AIFP |
Proceeds from sale of collateral
|
12/31/2010 | Chrysler | Interest | $129,527,207 | AIFP |
Interest
|
12/15/2010 | First PacTrust Bancorp, Inc. | Dividend | $80,417 | CPP |
Dividend - Cumulative
|
12/29/2010 | Haviland Bancshares | Dividend | $2,828 | CPP |
Dividend - Cumulative
|
12/22/2010 | Heritage Financial Corp | Dividend | $123,333 | CPP |
Dividend - Cumulative
|
12/15/2010 | Statebridge Company, LLC | Subsidy | $3,299,859 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
Amount adjusted June 28, 2012.
So far,
$1.15M
has actually been disbursed:
Subsidy as of July 2022
|
12/15/2010 | Scotiabank de Puerto Rico | Subsidy | $4,299,968 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
Amount adjusted June 28, 2012.
So far,
$2.6M
has actually been disbursed:
Subsidy as of July 2022
|
12/14/2010 | Invesco Legacy Securities Master Fund, L.P. | Interest | $966,311 | PPIP |
Interest
|
12/15/2010 | General Motors | Dividend | $47,192,797 | AIFP |
Dividend - Cumulative
|
12/30/2010 | GMAC (now Ally Financial) | Dividend | $61,875,000 | AIFP |
Dividend - Cumulative
|
12/29/2010 | 1st Source Corp | Dividend | $678,333 | CPP |
Dividend - Cumulative
|
12/08/2010 | California Oaks State Bank | Dividend | $11,490 | CPP |
Dividend - Cumulative
|
12/30/2010 | Capital Bancorp | Dividend | $32,019 | CPP |
Dividend - Cumulative
|
12/29/2010 | East West Bancorp, Inc. | Dividend | $1,873,337 | CPP |
Dividend - Cumulative
|
12/31/2010 | Fifth Third Bancorp | Dividend | $42,600,000 | CPP |
Dividend - Cumulative
|
12/22/2010 | First Horizon National | Dividend | $4,453,053 | CPP |
Dividend - Cumulative
|
12/22/2010 | Huntington Bancshares | Dividend | $7,184,532 | CPP |
Dividend - Cumulative
|
12/29/2010 | Nationwide Bankshares, Inc. | Interest | $20,509 | CPP |
Interest
|
12/15/2010 | Sandy Spring Bancorp | Dividend | $173,113 | CPP |
Dividend - Cumulative
|
12/15/2010 | Signature Bancshares | Interest | $11,886 | CPP |
Interest
|
12/15/2010 | SunTrust | Dividend | $60,625,000 | CPP |
Dividend - Cumulative
|
12/29/2010 | Surrey Bancorp | Dividend | $13,322 | CPP |
Dividend - Cumulative
|
12/22/2010 | Susquehanna Bancshares | Dividend | $513,889 | CPP |
Dividend - Cumulative
|
12/22/2010 | The Bank of Kentucky | Dividend | $87,361 | CPP |
Dividend - Cumulative
|
12/15/2010 | United Financial Banking Companies | Dividend | $12,500 | CPP |
Dividend - Cumulative
|
12/29/2010 | Webster Financial | Dividend | $1,222,222 | CPP |
Dividend - Cumulative
|
12/22/2010 | Wintrust Financial Corp | Dividend | $1,284,722 | CPP |
Dividend - Cumulative
|
12/14/2010 | AG GECC PPIF Master Fund, L.P. | Interest | $2,130,975 | PPIP |
Interest
|
12/14/2010 | AllianceBernstein Legacy Securities Master Fund, L.P. | Dividend | $8,512,047 | PPIP |
Distribution
|
12/14/2010 | AllianceBernstein Legacy Securities Master Fund, L.P. | Interest | $1,973,994 | PPIP |
Interest
|
12/14/2010 | Blackrock PPIF, L.P. | Interest | $819,889 | PPIP |
Interest
|
12/14/2010 | Invesco Legacy Securities Master Fund, L.P. | Dividend | $20,656,977 | PPIP |
Distribution
|
12/14/2010 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Dividend | $175,305 | PPIP |
Distribution
|
12/14/2010 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Interest | $722,956 | PPIP |
Interest
|
12/14/2010 | Oaktree PPIP Fund, L.P. | Interest | $142,370 | PPIP |
Interest
|
12/14/2010 | RLJ Western Asset Public/Private Master Fund, L.P. | Dividend | $5,008,409 | PPIP |
Distribution
|
12/14/2010 | RLJ Western Asset Public/Private Master Fund, L.P. | Interest | $1,253,057 | PPIP |
Interest
|
12/14/2010 | Wellington Management Legacy Securities PPIF Master Fund, LP | Interest | $1,510,534 | PPIP |
Interest
|
12/31/2010 | Fannie Mae | Dividend | $2,154,000,000 | PSI |
Dividend Payment
|
12/31/2010 | Freddie Mac | Dividend | $1,603,000,000 | PSI |
Dividend Payment
|
12/14/2010 | Invesco Legacy Securities Master Fund, L.P. | Refund | $31,689,230 | PPIP |
Partial Repayment
|
12/17/2010 | AIG | Proceeds | $55,000,000 | SSFI |
Commitment Fee Payment
|
12/14/2010 | Invesco Legacy Securities Master Fund, L.P. | Refund | $15,844,536 | PPIP |
Partial Repayment
|