Bailout Events for October 2012
See entire timeline of bailout events.
Date | Entity | Type | Amount | Program | Description |
---|---|---|---|---|---|
10/03/2012 | Brewery Credit Union | Refund | $1,096,000 | CDCI |
Repayment
|
10/03/2012 | AllianceBernstein Legacy Securities Master Fund, L.P. | Proceeds | $12,012,957 | PPIP |
Distribution
|
10/01/2012 | Southern Community Financial | Refund | $42,750,000 | CPP |
Repayment
On 10/1/2012, Treasury completed the sale of all Southern Community Financial Corp. preferred stock and the related warrant held by UST for an aggregate purchase price of $42,750,000, plus accrued and unpaid dividends, pursuant to the terms of the agreement entered into on 10/1/2012.
|
10/01/2012 | AllianceBernstein Legacy Securities Master Fund, L.P. | Proceeds | $25,909,972 | PPIP |
Distribution
|
10/19/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Refund | $122,255,550 | PPIP |
Repayment
|
10/19/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Proceeds | $147,464,888 | PPIP |
Distribution
|
10/19/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Proceeds | $6,789,287 | PPIP |
Distribution
|
10/15/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Refund | $134,999,325 | PPIP |
Partial Repayment
|
10/18/2012 | Blackrock PPIF, L.P. | Refund | $794,459,374 | PPIP |
Repayment
|
10/15/2012 | Blackrock PPIF, L.P. | Refund | $10,055,653 | PPIP |
Partial Repayment
|
10/15/2012 | Blackrock PPIF, L.P. | Refund | $25,334,218 | PPIP |
Partial Repayment
|
10/15/2012 | AG GECC PPIF Master Fund, L.P. | Refund | $240,673,797 | PPIP |
Partial Repayment
|
10/15/2012 | AG GECC PPIF Master Fund, L.P. | Refund | $481,350,000 | PPIP |
Partial Repayment
|
10/15/2012 | Oaktree PPIP Fund, L.P. | Refund | $32,496,972 | PPIP |
Partial Repayment
|
10/15/2012 | Oaktree PPIP Fund, L.P. | Refund | $64,994,269 | PPIP |
Partial Repayment
|
10/31/2012 | The Little Bank | Refund | $7,285,410 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 7,500 shares of The Little Bank, Incorporated preferred stock at $981.20 per share (less a placement agent fee) for net proceeds of $7,285,410.00 and 375 shares of The Little Bank, Incorporated preferred stock received upon the exercise of warrants at $1,000.00 per share (less a placement agent fee) for net proceeds of $371,250.00, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | The Little Bank | Warrant | $371,250 | CPP |
Warrant Proceeds
|
10/31/2012 | Peoples Bancshares of TN | Warrant | $122,225 | CPP |
Warrant Proceeds
|
10/31/2012 | Congaree Bancshares | Refund | $2,685,979 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 3,285 shares of Congaree Bancshares Inc. preferred stock at $825.26 per share (less a placement agent fee) for net proceeds of $2,685,979.10 and 164 shares of Congaree Bancshares Inc. preferred stock received upon the exercise of warrants at $801.00 per share (less a placement agent fee) for net proceeds of $106,364.00, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | Congaree Bancshares | Warrant | $106,364 | CPP |
Warrant Proceeds
|
10/31/2012 | Oak Ridge Financial Services | Refund | $7,024,595 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 7,700 shares of Oak Ridge Financial Services, Inc. preferred stock at $921.50 per share (less a placement agent fee) for net proceeds of $7,024,594.50, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | Metro City Bank | Refund | $6,861,462 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 7,700 shares of Metro City Bank preferred stock at $900.10 per share (less a placement agent fee) for net proceeds of $6,861,462.30 and 385 shares of Metro City Bank preferred stock received upon the exercise of warrants at $970.61 per share (less a placement agent fee) for net proceeds of $369,948.00, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | Metro City Bank | Warrant | $369,948 | CPP |
Warrant Proceeds
|
10/31/2012 | First Gothenburg Bancshares | Refund | $6,822,136 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 7,570 shares of First Gothenburg Bancshares, Inc. preferred stock at $910.31 per share (less a placement agent fee) for net proceeds of $6,822,136.23 and 379 shares of First Gothenburg Bancshares, Inc. preferred stock received upon the exercise of warrants at $965.11 per share (less a placement agent fee) for net proceeds of $362,118.92, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | First Gothenburg Bancshares | Warrant | $362,119 | CPP |
Warrant Proceeds
|
10/31/2012 | Blue Ridge Bancshares | Refund | $8,969,400 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 12,000 shares of Blue Ridge Bancshares, Inc. preferred stock at $755.00 per share (less a placement agent fee) for net proceeds of $8,969,400.00 and 600 shares of Blue Ridge Bancshares, Inc. preferred stock received upon the exercise of warrants at $912.11 per share (less a placement agent fee) for net proceeds of $541,793.34, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | Blue Ridge Bancshares | Warrant | $541,793 | CPP |
Warrant Proceeds
|
10/31/2012 | Germantown Capital Corporation | Refund | $4,495,616 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 4,967 shares of Germantown Capital Corporation, Inc. preferred stock at $910.13 per share (less a placement agent fee) for net proceeds of $4,495,615.71 and 248 shares of Germantown Capital Corporation, Inc. preferred stock received upon the exercise of warrants at $966.11 per share (less a placement agent fee) for net proceeds of $214,595.28, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | Germantown Capital Corporation | Warrant | $214,595 | CPP |
Warrant Proceeds
|
10/31/2012 | Blackhawk Bancorp | Refund | $9,009,000 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 10,000 shares of Blackhawk Bancorp Inc. preferred stock at $910.00 per share (less a placement agent fee) for net proceeds of $9,009,000.00 and 500 shares of Blackhawk Bancorp Inc. preferred stock received upon the exercise of warrants at $950.00 per share (less a placement agent fee) for net proceeds of $470,250.00, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | Blackhawk Bancorp | Warrant | $470,250 | CPP |
Warrant Proceeds
|
10/31/2012 | Peoples Bancshares of TN | Refund | $2,919,500 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 3,900 shares of Peoples Bancshares of TN, Inc. preferred stock at $755.00 per share (less a placement agent fee) for net proceeds of $2,919,500.00 and 195 shares of Peoples Bancshares of TN, Inc. preferred stock received upon the exercise of warrants at $755.00 per share (less a placement agent fee) for net proceeds of $122,225.00, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | CenterBank | Refund | $1,831,250 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 2,250 shares of CenterBank preferred stock at $825.00 per share (less a placement agent fee) for net proceeds of $1,831,250.00 and 113 shares of CenterBank preferred stock received upon the exercise of warrants at $965.11 per share (less a placement agent fee) for net proceeds of $84,057.43, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | CenterBank | Warrant | $84,057 | CPP |
Warrant Proceeds
|
10/31/2012 | HomeTown Bankshares Corporation | Refund | $9,093,150 | CPP |
Partial Repayment
On 10/31/2012, Treasury completed the sale of 10,000 shares of HomeTown Bankshares Corporation preferred stock at $918.50 per share (less a placement agent fee) for net proceeds of $9,093,150.00 and 374 shares of HomeTown Bankshares Corporation preferred stock received upon the exercise of warrants at $852.00 per share (less a placement agent fee) for net proceeds of $315,461.52, pursuant to a placement agency agreement executed on 10/22/2012.
|
10/31/2012 | HomeTown Bankshares Corporation | Warrant | $315,462 | CPP |
Warrant Proceeds
|
10/24/2012 | PrivateBancorp | Refund | $243,815,000 | CPP |
Repayment
|
10/24/2012 | First BancTrust Corp | Refund | $3,675,000 | CPP |
Repayment
|
10/24/2012 | First BancTrust Corp | Warrant | $368,000 | CPP |
Warrant Proceeds
|
10/23/2012 | General Motors | Refund | $435,097 | AIFP |
Partial Repayment
|
10/31/2012 | CenterBank | Dividend | $25,590 | CPP |
Dividend - Non-Cumulative
|
10/31/2012 | Metro City Bank | Dividend | $88,321 | CPP |
Dividend - Non-Cumulative
|
10/17/2012 | Gateway Community Federal Credit Union | Refund | $1,657,000 | CDCI |
Repayment
|