Bailout Events for July 2011
See entire timeline of bailout events.
| Date | Entity | Type | Amount | Program | Description |
|---|---|---|---|---|---|
| 07/14/2011 | Security Business Bancorp | Warrant | $290,000 | CPP |
Warrant Proceeds
|
| 07/06/2011 | Beach Business Bank | Refund | $1,500,000 | CPP |
Partial Repayment
|
| 07/14/2011 | Eagle Bancorp | Refund | $23,235,000 | CPP |
Repayment
|
| 07/14/2011 | First California Financial Group | Refund | $25,000,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/14/2011 | Cache Valley Banking Company | Refund | $4,767,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/14/2011 | Cache Valley Banking Company | Warrant | $238,000 | CPP |
Warrant Proceeds
|
| 07/14/2011 | Security Business Bancorp | Refund | $5,803,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/14/2011 | BOH Holdings | Refund | $10,000,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/14/2011 | BancIndependent | Refund | $21,100,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/14/2011 | York Traditions Bank | Refund | $4,871,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/14/2011 | Centric Financial Corporation | Refund | $6,056,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/14/2011 | BOH Holdings | Warrant | $500,000 | CPP |
Warrant Proceeds
|
| 07/14/2011 | BancIndependent | Warrant | $1,055,000 | CPP |
Warrant Proceeds
|
| 07/14/2011 | York Traditions Bank | Warrant | $244,000 | CPP |
Warrant Proceeds
|
| 07/14/2011 | Centric Financial Corporation | Warrant | $182,000 | CPP |
Warrant Proceeds
|
| 07/14/2011 | Cache Valley Banking Company | Refund | $4,640,000 | CPP |
Repayment
|
| 07/06/2011 | Community Trust Financial Corp | Refund | $24,000,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/06/2011 | Community Trust Financial Corp | Warrant | $1,200,000 | CPP |
Warrant Proceeds
|
| 07/06/2011 | Home BancShares, Inc. | Refund | $50,000,000 | CPP |
Repayment
|
| 07/06/2011 | Central Bancshares | Refund | $5,800,000 | CPP |
Repayment
|
| 07/06/2011 | Central Bancshares | Warrant | $290,000 | CPP |
Warrant Proceeds
|
| 07/06/2011 | MidWest One Financial Group | Refund | $16,000,000 | CPP |
Repayment
|
| 07/05/2011 | Marshall & Ilsley | Refund | $1,715,000,000 | CPP |
Repayment
On 7/5/2011, Treasury completed a transaction with Harris Financial Corp., a wholly-owned subsidiary of Bank of Montreal ("BMO"), for the sale of (i) all Marshall & Ilsley Corporation ("M&I") Preferred Stock held by Treasury for a purchase price of $1,715,000,000 plus accrued dividends and (ii) the Treasury-held M&I Warrant for an amount equal to $3,250,000, pursuant to the terms of the agreement between Treasury and BMO entered into on 05/16/2011.
|
| 07/05/2011 | Marshall & Ilsley | Warrant | $3,250,000 | CPP |
Warrant Proceeds
|
| 07/27/2011 | Home BancShares, Inc. | Warrant | $1,300,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Southern Missouri Bancorp | Refund | $9,550,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Redwood Capital Bancorp | Refund | $3,800,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/14/2011 | Security Business Bancorp | Dividend | $51,830 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | Redwood Capital Bancorp | Warrant | $190,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Liberty Bancshares | Refund | $57,500,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Liberty Bancshares | Warrant | $2,875,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Adbanc | Refund | $12,720,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Adbanc | Warrant | $636,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | First Bank of Charleston | Refund | $3,345,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | First Bank of Charleston | Warrant | $167,000 | CPP |
Warrant Proceeds
|
| 07/15/2011 | Invesco Legacy Securities Master Fund, L.P. | Refund | $62,979,809 | PPIP |
Partial Repayment
|
| 07/21/2011 | Financial Security Corp | Refund | $5,000,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Financial Security Corp | Warrant | $250,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Regent Capital Corporation | Refund | $2,655,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Regent Capital Corporation | Warrant | $133,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Medallion Bank | Refund | $11,800,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Medallion Bank | Warrant | $590,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Catskill Hudson Bancorp | Refund | $3,000,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Catskill Hudson Bancorp | Warrant | $150,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Farmers State Bancshares | Dividend | $7,077 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | Farmers State Bancshares | Refund | $700,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Farmers State Bancshares | Warrant | $40,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Medallion Bank | Refund | $9,698,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Medallion Bank | Warrant | $55,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Southern Missouri Bancorp | Dividend | $87,542 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | Catskill Hudson Bancorp | Refund | $3,500,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/21/2011 | Catskill Hudson Bancorp | Warrant | $113,000 | CPP |
Warrant Proceeds
|
| 07/21/2011 | Chrysler | Proceeds | $560,000,000 | AIFP |
Disposition
In June 2009, Treasury provided a $6.6 billion loan commitment to Chrysler Group LLC (as of March 31, 2011, $2.1 billion remained undrawn), and received a 9.9 percent equity ownership in Chrysler Group LLC (Chrysler). In January and April 2011, Chrysler met the first and second of three performance related milestones. As a result, Fiatâs ownership automatically increased from 20% to 30%, and Treasuryâs ownership was reduced to 8.6%. On May 24, 2011, Fiat, through the exercise of an equity call option, purchased an incremental 16% fully diluted ownership interest in Chrysler for $1.268 billion, reducing Treasuryâs ownership to 6.6% (or 6.0% on a fully diluted basis). On July 21, 2011, Fiat, through the exercise of an equity call option, purchased Treasuryâs ownership interest for $500 million. In addition, Fiat paid $60 million to Treasury for its rights under an agreement with the UAW retirement trust pertaining to the trust's shares in Chrysler.
|
| 07/20/2011 | Morrill Bancshares | Refund | $13,000,000 | CPP |
Repayment
|
| 07/20/2011 | Morrill Bancshares | Warrant | $650,000 | CPP |
Warrant Proceeds
|
| 07/15/2011 | Oaktree PPIP Fund, L.P. | Refund | $79,000,000 | PPIP |
Partial Repayment
|
| 07/27/2011 | MidWest One Financial Group | Warrant | $1,000,000 | CPP |
Warrant Proceeds
|
| 07/20/2011 | Worthington Financial Holdings, Inc. | Dividend | $37,060 | CPP |
Dividend - Cumulative
|
| 07/28/2011 | Citizens Community Bank | Refund | $3,000,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/28/2011 | Citizens Community Bank | Warrant | $150,000 | CPP |
Warrant Proceeds
|
| 07/28/2011 | Pacific Coast Bankers' Bancshares | Refund | $11,600,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 - part of the repayment amount obtained from proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/28/2011 | Pacific Coast Bankers' Bancshares | Warrant | $580,000 | CPP |
Warrant Proceeds
|
| 07/28/2011 | Banner County Bank Corp | Refund | $795,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/28/2011 | Banner County Bank Corp | Warrant | $40,000 | CPP |
Warrant Proceeds
|
| 07/28/2011 | Centrix Bank & Trust | Refund | $7,500,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/28/2011 | Centrix Bank & Trust | Warrant | $375,000 | CPP |
Warrant Proceeds
|
| 07/28/2011 | Birmingham Bloomfield Bancshares | Refund | $1,635,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/28/2011 | Birmingham Bloomfield Bancshares | Warrant | $82,000 | CPP |
Warrant Proceeds
|
| 07/28/2011 | Birmingham Bloomfield Bancshares | Refund | $1,744,000 | CPP |
Repayment
Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009 using proceeds received in connection with the institutionâs participation in the Small Business Lending Fund.
|
| 07/27/2011 | C&F Financial Corp | Refund | $10,000,000 | CPP |
Partial Repayment
|
| 07/15/2011 | AG GECC PPIF Master Fund, L.P. | Dividend | $19,999,900 | PPIP |
Distribution
|
| 07/14/2011 | York Traditions Bank | Dividend | $43,514 | CPP |
Dividend - Non-Cumulative
|
| 07/21/2011 | Financial Security Corp | Dividend | $49,958 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | First Bank of Charleston | Dividend | $33,418 | CPP |
Dividend - Cumulative
|
| 07/14/2011 | First California Financial Group | Dividend | $204,861 | CPP |
Dividend - Cumulative
|
| 07/06/2011 | Home BancShares, Inc. | Dividend | $354,167 | CPP |
Dividend - Cumulative
|
| 07/06/2011 | Community Trust Financial Corp | Dividend | $185,300 | CPP |
Dividend - Cumulative
|
| 07/14/2011 | Eagle Bancorp | Dividend | $190,398 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | Redwood Capital Bancorp | Dividend | $37,968 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | Regent Capital Corporation | Dividend | $26,532 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | Adbanc | Dividend | $127,094 | CPP |
Dividend - Cumulative
|
| 07/14/2011 | BancIndependent | Dividend | $188,464 | CPP |
Dividend - Cumulative
|
| 07/28/2011 | Banner County Bank Corp | Dividend | $8,790 | CPP |
Dividend - Cumulative
|
| 07/06/2011 | Beach Business Bank | Dividend | $10,625 | CPP |
Dividend - Non-Cumulative
|
| 07/28/2011 | Birmingham Bloomfield Bancshares | Dividend | $35,756 | CPP |
Dividend - Cumulative
|
| 07/14/2011 | BOH Holdings | Dividend | $89,319 | CPP |
Dividend - Cumulative
|
| 07/27/2011 | C&F Financial Corp | Dividend | $100,000 | CPP |
Dividend - Cumulative
|
| 07/14/2011 | Cache Valley Banking Company | Dividend | $80,596 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | Catskill Hudson Bancorp | Dividend | $63,923 | CPP |
Dividend - Cumulative
|
| 07/06/2011 | Central Bancshares | Dividend | $44,781 | CPP |
Dividend - Cumulative
|
| 07/14/2011 | Centric Financial Corporation | Dividend | $52,310 | CPP |
Dividend - Cumulative
|
| 07/28/2011 | Centrix Bank & Trust | Dividend | $82,885 | CPP |
Dividend - Non-Cumulative
|
| 07/28/2011 | Citizens Community Bank | Dividend | $33,154 | CPP |
Dividend - Non-Cumulative
|
| 07/21/2011 | Liberty Bancshares | Dividend | $574,521 | CPP |
Dividend - Cumulative
|
| 07/05/2011 | Marshall & Ilsley | Dividend | $11,909,722 | CPP |
Dividend - Cumulative
|
| 07/21/2011 | Medallion Bank | Dividend | $207,708 | CPP |
Dividend - Non-Cumulative
|
| 07/06/2011 | MidWest One Financial Group | Dividend | $113,333 | CPP |
Dividend - Cumulative
|
| 07/20/2011 | Morrill Bancshares | Dividend | $127,924 | CPP |
Dividend - Cumulative
|
| 07/28/2011 | Pacific Coast Bankers' Bancshares | Dividend | $128,196 | CPP |
Dividend - Cumulative
|
| 07/15/2011 | AG GECC PPIF Master Fund, L.P. | Interest | $2,287,257 | PPIP |
Interest
|
| 07/15/2011 | AllianceBernstein Legacy Securities Master Fund, L.P. | Dividend | $8,668,524 | PPIP |
Distribution
|
| 07/15/2011 | AllianceBernstein Legacy Securities Master Fund, L.P. | Interest | $2,064,765 | PPIP |
Interest
|
| 07/15/2011 | Blackrock PPIF, L.P. | Dividend | $347,490 | PPIP |
Distribution
|
| 07/15/2011 | Blackrock PPIF, L.P. | Interest | $1,077,718 | PPIP |
Interest
|
| 07/15/2011 | Invesco Legacy Securities Master Fund, L.P. | Dividend | $31,489,747 | PPIP |
Distribution
|
| 07/15/2011 | Invesco Legacy Securities Master Fund, L.P. | Interest | $438,954 | PPIP |
Interest
|
| 07/15/2011 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Dividend | $1,169,599 | PPIP |
Distribution
|
| 07/15/2011 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Interest | $914,985 | PPIP |
Interest
|
| 07/15/2011 | Oaktree PPIP Fund, L.P. | Dividend | $39,897,266 | PPIP |
Distribution
|
| 07/15/2011 | Oaktree PPIP Fund, L.P. | Interest | $352,306 | PPIP |
Interest
|
| 07/15/2011 | RLJ Western Asset Public/Private Master Fund, L.P. | Dividend | $4,550,792 | PPIP |
Distribution
|
| 07/15/2011 | RLJ Western Asset Public/Private Master Fund, L.P. | Interest | $1,256,282 | PPIP |
Interest
|
| 07/15/2011 | Wellington Management Legacy Securities PPIF Master Fund, LP | Dividend | $21,289,201 | PPIP |
Distribution
|
| 07/15/2011 | Wellington Management Legacy Securities PPIF Master Fund, LP | Interest | $2,088,910 | PPIP |
Interest
|
| 07/15/2011 | Oaktree PPIP Fund, L.P. | Refund | $39,499,803 | PPIP |
Partial Repayment
|
| 07/15/2011 | Invesco Legacy Securities Master Fund, L.P. | Refund | $31,061,747 | PPIP |
Partial Repayment
|
| 07/11/2011 | International Bancshares Corporation | Refund | $40,000,000 | CPP |
Partial Repayment
|
| 07/14/2011 | Gregory Funding LLC | Subsidy | $9,741,330 (cumulative) | MHA |
So far,
$9.53M
has actually been disbursed:
Subsidy as of July 2022
|