Bailout Events for December 2012
See entire timeline of bailout events.
Date | Entity | Type | Amount | Program | Description |
---|---|---|---|---|---|
12/28/2012 | Northeast Bancorp | Warrant | $95,000 | CPP |
Warrant Proceeds
|
12/11/2012 | HPK Financial Corporation | Refund | $4,000,000 | CPP |
Repayment
|
12/11/2012 | HPK Financial Corporation | Warrant | $200,000 | CPP |
Warrant Proceeds
|
12/11/2012 | Central Community Corp | Warrant | $1,058,726 | CPP |
Warrant Proceeds
|
12/14/2012 | AG GECC PPIF Master Fund, L.P. | Refund | $24,588,926 | PPIP |
Partial Repayment
|
12/14/2012 | AG GECC PPIF Master Fund, L.P. | Refund | $147,534,295 | PPIP |
Partial Repayment
|
12/28/2012 | Northeast Bancorp | Warrant | $95,000 | CPP |
Warrant Proceeds
|
12/14/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Refund | $40,459,092 | PPIP |
Partial Repayment
|
12/06/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Refund | $800,000,000 | PPIP |
Partial Repayment
|
12/05/2012 | Moscow Bancshares | Refund | $5,116,000 | CPP |
Repayment
|
12/05/2012 | Moscow Bancshares | Warrant | $311,000 | CPP |
Warrant Proceeds
|
12/05/2012 | Patterson Bancshares | Refund | $250,000 | CPP |
Partial Repayment
|
12/05/2012 | Blackrock PPIF, L.P. | Proceeds | $57,378,964 | PPIP |
Distribution
|
12/05/2012 | Blackrock PPIF, L.P. | Proceeds | $1,433,088 | PPIP |
Distribution
|
12/14/2012 | AIG | Refund | $2,774,686,768 | SSFI |
Repayment
On 12/14/2012, Treasury completed the sale of 234,169,156 shares of common stock at $32.50 per share for total proceeds of $7,610,497,570, pursuant to an underwriting agreement executed on 12/10/2012. This is the portion of the transaction that repaid AIG's principal obligation.
|
12/11/2012 | AIG | Proceeds | $4,835,810,802 | SSFI |
Revenue from Sale of Stock
On 12/14/2012, Treasury completed the sale of 234,169,156 shares of common stock at $32.50 per share for total proceeds of $7,610,497,570, pursuant to an underwriting agreement executed on 12/10/2012. This is the portion of the transaction that resulted in a profit to the Treasury.
|
12/11/2012 | Virginia Commerce Bancorp | Refund | $71,000,000 | CPP |
Repayment
|
12/11/2012 | Community West Bancshares | Refund | $11,181,456 | CPP |
Partial Repayment
On 12/11/2012, Treasury completed the sale of 15,600 shares of Community West Bancshares, Inc. preferred stock at $724.00 per share (less a placement agent fee) for net proceeds of $11,181,456.00, pursuant to a placement agency agreement executed on 11/30/2012.
|
12/11/2012 | The Baraboo Bancorporation | Refund | $13,399,227 | CPP |
Partial Repayment
On 12/11/2012, Treasury completed the sale of 20,749 shares of The Baraboo Bancorporation, Inc. preferred stock at $652.30 per share (less a placement agent fee) for net proceeds of $13,399,226.97 and 1,037 shares of The Baraboo Bancorporation, Inc. preferred stock received upon the exercise of warrants at $836.21 per share (less a placement agent fee) for net proceeds of $858,478.27, pursuant to a placement agency agreement executed on 11/30/2012.
|
12/11/2012 | The Baraboo Bancorporation | Warrant | $858,478 | CPP |
Warrant Proceeds
|
12/11/2012 | Security Bancshares of Pulaski County | Warrant | $93,245 | CPP |
Warrant Proceeds
|
12/11/2012 | Security Bancshares of Pulaski County | Refund | $1,475,592 | CPP |
Partial Repayment
On 12/11/2012, Treasury completed the sale of 2,152 shares of Security Bancshares of Pulaski County, Inc. preferred stock at $692.61 per share (less a placement agent fee) for net proceeds of $1,475,591.75 and 108 shares of Security Bancshares of Pulaski County, Inc. preferred stock received upon the exercise of warrants at $872.10 per share (less a placement agent fee) for net proceeds of $93,244.93, pursuant to a placement agency agreement executed on 11/30/2012.
|
12/11/2012 | Central Community Corp | Refund | $20,172,636 | CPP |
Partial Repayment
On 12/11/2012, Treasury completed the sale of 22,000 shares of Central Community Corporation preferred stock at $926.20 per share (less a placement agent fee) for net proceeds of $20,172,636.00 and 1,100 shares of Central Community Corporation preferred stock received upon the exercise of warrants at $972.20 per share (less a placement agent fee) for net proceeds of $1,058,725.80, pursuant to a placement agency agreement executed on 11/30/2012.
|
12/11/2012 | HPK Financial Corporation | Refund | $5,000,000 | CPP |
Repayment
|
12/11/2012 | HPK Financial Corporation | Warrant | $144,000 | CPP |
Warrant Proceeds
|
12/11/2012 | Foresight Financial Group, Inc. | Refund | $15,000,000 | CPP |
Repayment
|
12/11/2012 | Foresight Financial Group, Inc. | Warrant | $750,000 | CPP |
Warrant Proceeds
|
12/11/2012 | First Advantage Bancshares Inc. | Refund | $1,046,621 | CPP |
Partial Repayment
On 12/11/2012, Treasury completed the sale of 1,177 shares of First Advantage Bancshares, Inc. preferred stock at $898.21 per share (less a placement agent fee) for net proceeds of $1,046,621.24 and 59 shares of First Advantage Bancshares, Inc. preferred stock received upon the exercise of warrants at $920.31 per share (less a placement agent fee) for net proceeds of $53,755.31, pursuant to a placement agency agreement executed on 11/30/2012.
|
12/11/2012 | First Advantage Bancshares Inc. | Warrant | $53,755 | CPP |
Warrant Proceeds
|
12/11/2012 | Manhattan Bancshares, Inc. | Refund | $2,560,541 | CPP |
Partial Repayment
On 12/11/2012, Treasury completed the sale of its Manhattan Bancshares, Inc. subordinated debentures (less a placement agent fee) for net proceeds of $2,560,540.68 and its Manhattan Bancshares, Inc. subordinated debentures received upon the exercise of warrants (less a placement agent fee) for net proceeds of $131,021.07, pursuant to a placement agency agreement executed on 11/30/2012.
|
12/11/2012 | Manhattan Bancshares, Inc. | Warrant | $131,021 | CPP |
Warrant Proceeds
|
12/11/2012 | First American Bank Corporation | Refund | $35,000,000 | CPP |
Repayment
|
12/11/2012 | First American Bank Corporation | Warrant | $2,500,000 | CPP |
Warrant Proceeds
|
12/11/2012 | Presidio Bank | Warrant | $278,381 | CPP |
Warrant Proceeds
|
12/11/2012 | Presidio Bank | Refund | $9,058,369 | CPP |
Partial Repayment
On 12/11/2012, Treasury completed the sale of 10,800 shares of Presidio Bank preferred stock at $847.21 per share (less a placement agent fee) for net proceeds of $9,058,369.32 and 325 shares of Presidio Bank preferred stock received upon the exercise of warrants at $865.21 per share (less a placement agent fee) for net proceeds of $278,381.32, pursuant to a placement agency agreement executed on 11/30/2012.
|
12/17/2012 | M&T Bank Corporation | Warrant | $31,838,761 | CPP |
Warrant Proceeds
|
12/14/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Refund | $47,755,767 | PPIP |
Partial Repayment
|
12/14/2012 | Oaktree PPIP Fund, L.P. | Refund | $55,540,026 | PPIP |
Partial Repayment
|
12/14/2012 | Oaktree PPIP Fund, L.P. | Refund | $111,080,608 | PPIP |
Partial Repayment
|
12/28/2012 | Mid Penn Bancorp | Refund | $10,000,000 | CPP |
Repayment
|
12/28/2012 | Monadnock Bancorp | Refund | $1,834,000 | CPP |
Repayment
|
12/28/2012 | Monadnock Bancorp | Warrant | $92,000 | CPP |
Warrant Proceeds
|
12/28/2012 | Vision Bank - Texas | Refund | $787,500 | CPP |
Partial Repayment
|
12/28/2012 | PSB Financial Corporation | Refund | $9,734,000 | CPP |
Repayment
|
12/21/2012 | Community Financial Shares, Inc. | Refund | $3,136,500 | CPP |
Partial Repayment
On 11/13/2012, Treasury entered into an agreement with Community Financial Shares, Inc. (âCFSâ) pursuant to which Treasury agreed to sell its CPP preferred stock back to CFS at a discount subject to the satisfaction of the conditions specified in the agreement.
|
12/21/2012 | Community Financial Shares, Inc. | Warrant | $157,050 | CPP |
Warrant Proceeds
|
12/21/2012 | General Motors | Refund | $5,500,000,000 | AIFP |
Partial Repayment
On 12/21/2012, Treasury sold 200,000,000 shares of common stock at $27.50 per share pursuant to a letter agreement. Following settlement, the net proceeds to Treasury were $5,500,000,000. The sale further reduced Treasury's equity stake in GM to 21.97 percent.
|
12/21/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Refund | $630,000,000 | PPIP |
Partial Repayment
|
12/21/2012 | AllianceBernstein Legacy Securities Master Fund, L.P. | Proceeds | $678,683 | PPIP |
Distribution
|
12/21/2012 | AllianceBernstein Legacy Securities Master Fund, L.P. | Proceeds | $16,967 | PPIP |
Distribution
|
12/21/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Proceeds | $549,997 | PPIP |
Distribution
|
12/21/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Proceeds | $13,750 | PPIP |
Distribution
|
12/20/2012 | Community Investors Bancorp | Refund | $2,445,000 | CPP |
Partial Repayment
On 12/20/2012, Treasury completed the sale of 2,600 shares of Community Investors Bancorp, Inc. preferred stock at $950.00 per share (less a placement agent fee) for net proceeds of $2,445,000.00 and 130 shares of Community Investors Bancorp, Inc. preferred stock received upon the exercise of warrants at $1,000.00 per share (less a placement agent fee) for net proceeds of $105,000.00, pursuant to a placement agency agreement executed on 12/11/2012.
|
12/20/2012 | Community Investors Bancorp | Warrant | $105,000 | CPP |
Warrant Proceeds
|
12/20/2012 | Hyperion Bank | Refund | $983,800 | CPP |
Partial Repayment
On 12/20/2012, Treasury completed the sale of 1,552 shares of Hyperion Bank preferred stock at $650.00 per share (less a placement agent fee) for net proceeds of $983,800.00 and 78 shares of Hyperion Bank preferred stock received upon the exercise of warrants at $650.00 per share (less a placement agent fee) for net proceeds of $25,700.00, pursuant to a placement agency agreement executed on 12/11/2012.
|
12/20/2012 | Hyperion Bank | Warrant | $25,700 | CPP |
Warrant Proceeds
|
12/20/2012 | BANK OF SOUTHERN CALIFORNIA, N.A. (FIRST BUSINESS BANK, N.A.) | Refund | $2,017,453 | CPP |
Partial Repayment
On 12/20/2012, Treasury completed the sale of 2,211 shares of Bank of Southern California, N.A. Series A preferred stock at $920.00 per share (less a placement agent fee) for net proceeds of $2,017,453.33; 2,032 shares of Bank of Southern California, N.A. Series C preferred stock at $910.12 per share (less a placement agent fee) for net proceeds of $1,832,697.18; and 111 shares of Bank of Southern California, N.A. preferred stock received upon the exercise of warrants at $965.12 per share (less a placement agent fee) for net proceeds of $90,461.65, pursuant to a placement agency agreement executed on 12/11/2012.
|
12/20/2012 | BANK OF SOUTHERN CALIFORNIA, N.A. (FIRST BUSINESS BANK, N.A.) | Warrant | $90,462 | CPP |
Warrant Proceeds
|
12/20/2012 | Century Financial Services Corporation | Refund | $9,751,500 | CPP |
Partial Repayment
On 12/20/2012, Treasury completed the sale of its Century Financial Services Corporation subordinated debentures (less a placement agent fee) for net proceeds of $9,751,500.00 and its Century Financial Services Corporation subordinated debentures received upon the exercise of warrants (less a placement agent fee) for net proceeds of $496,588.95, pursuant to a placement agency agreement executed on 12/11/2012.
|
12/20/2012 | Century Financial Services Corporation | Warrant | $496,589 | CPP |
Warrant Proceeds
|
12/20/2012 | First Alliance Bancshares | Refund | $2,370,742 | CPP |
Partial Repayment
On 12/20/2012, Treasury completed the sale of 3,422 shares of First Alliance Bancshares, Inc. preferred stock at $700.10 per share (less a placement agent fee) for net proceeds of $2,370,742.20 and 171 shares of First Alliance Bancshares, Inc. preferred stock received upon the exercise of warrants at $700.01 per share (less a placement agent fee) for net proceeds of $94,701.71, pursuant to a placement agency agreement executed on 12/11/2012.
|
12/20/2012 | First Alliance Bancshares | Warrant | $94,702 | CPP |
Warrant Proceeds
|
12/20/2012 | Bank Financial Services, Inc. | Refund | $907,937 | CPP |
Partial Repayment
On 12/20/2012, Treasury completed the sale of 1,004 shares of Bank Financial Services, Inc. preferred stock at $929.22 per share (less a placement agent fee) for net proceeds of $907,936.88 and 50 shares of Bank Financial Services, Inc. preferred stock received upon the exercise of warrants at $970.00 per share (less a placement agent fee) for net proceeds of $23,500.00, pursuant to a placement agency agreement executed on 12/11/2012.
|
12/20/2012 | Bank Financial Services, Inc. | Warrant | $23,500 | CPP |
Warrant Proceeds
|
12/20/2012 | First Independence Corporation | Refund | $2,286,675 | CPP |
Partial Repayment
On 12/20/2012, Treasury completed the sale of 3,223 shares of First Independence Corporation preferred stock at $725.00 per share (less a placement agent fee) for net proceeds of $2,286,675.00, pursuant to a placement agency agreement executed on 12/11/2012.
|
12/20/2012 | BANK OF SOUTHERN CALIFORNIA, N.A. (FIRST BUSINESS BANK, N.A.) | Refund | $1,832,697 | CPP |
Partial Repayment
On 12/20/2012, Treasury completed the sale of 2,211 shares of Bank of Southern California, N.A. Series A preferred stock at $920.00 per share (less a placement agent fee) for net proceeds of $2,017,453.33; 2,032 shares of Bank of Southern California, N.A. Series C preferred stock at $910.12 per share (less a placement agent fee) for net proceeds of $1,832,697.18; and 111 shares of Bank of Southern California, N.A. preferred stock received upon the exercise of warrants at $965.12 per share (less a placement agent fee) for net proceeds of $90,461.65, pursuant to a placement agency agreement executed on 12/11/2012.
|
12/19/2012 | HopFed Bancorp | Refund | $18,400,000 | CPP |
Repayment
|
12/19/2012 | Community 1st Bank | Refund | $2,550,000 | CPP |
Repayment
|
12/19/2012 | Community 1st Bank | Warrant | $128,000 | CPP |
Warrant Proceeds
|
12/10/2012 | The Freeport State Bank | Refund | $301,000 | CPP |
Repayment
|
12/10/2012 | The Freeport State Bank | Warrant | $15,000 | CPP |
Warrant Proceeds
|
12/10/2012 | Mackinac Financial Corporation | Warrant | $1,300,000 | CPP |
Warrant Proceeds
|
12/28/2012 | Citigroup | Dividend | $182,754,093 | AGP |
Dividend - Cumulative
|
12/28/2012 | PSB Financial Corporation | Dividend | $23,253 | CDCI |
Dividend - Cumulative
|
12/20/2012 | Bank Financial Services, Inc. | Dividend | $5,317 | CPP |
Dividend - Cumulative
|
12/20/2012 | BANK OF SOUTHERN CALIFORNIA, N.A. (FIRST BUSINESS BANK, N.A.) | Dividend | $21,592 | CPP |
Dividend - Non-Cumulative
|
12/03/2012 | Bankers' Bank of the West | Dividend | $1,330,667 | CPP |
Dividend - Cumulative
|
12/11/2012 | Central Community Corp | Dividend | $86,570 | CPP |
Dividend - Cumulative
|
12/20/2012 | Century Financial Services Corporation | Interest | $81,610 | CPP |
Interest
|
12/19/2012 | Community 1st Bank | Dividend | $13,130 | CPP |
Dividend - Non-Cumulative
|
12/21/2012 | Community Financial Shares, Inc. | Dividend | $377,329 | CPP |
Dividend - Cumulative
|
12/20/2012 | Community Investors Bancorp | Dividend | $13,774 | CPP |
Dividend - Cumulative
|
12/11/2012 | First Advantage Bancshares Inc. | Dividend | $4,632 | CPP |
Dividend - Cumulative
|
12/11/2012 | First American Bank Corporation | Interest | $219,556 | CPP |
Interest
|
12/20/2012 | First Independence Corporation | Dividend | $15,664 | CPP |
Dividend - Cumulative
|
12/11/2012 | Foresight Financial Group, Inc. | Dividend | $59,042 | CPP |
Dividend - Cumulative
|
12/19/2012 | HopFed Bancorp | Dividend | $86,889 | CPP |
Dividend - Cumulative
|
12/11/2012 | HPK Financial Corporation | Dividend | $34,736 | CPP |
Dividend - Cumulative
|
12/20/2012 | Hyperion Bank | Dividend | $8,225 | CPP |
Dividend - Non-Cumulative
|
12/07/2012 | Intermountain Community Bancorp | Dividend | $4,353,634 | CPP |
Dividend - Cumulative
|
12/11/2012 | Manhattan Bancshares, Inc. | Interest | $15,989 | CPP |
Interest
|
12/28/2012 | Mid Penn Bancorp | Dividend | $59,722 | CPP |
Dividend - Cumulative
|
12/28/2012 | Monadnock Bancorp | Dividend | $222,831 | CPP |
Dividend - Cumulative
|
12/05/2012 | Moscow Bancshares | Dividend | $15,766 | CPP |
Dividend - Cumulative
|
12/05/2012 | Patterson Bancshares | Dividend | $694 | CPP |
Dividend - Cumulative
|
12/11/2012 | Presidio Bank | Dividend | $41,101 | CPP |
Dividend - Non-Cumulative
|
12/11/2012 | Security Bancshares of Pulaski County | Dividend | $8,471 | CPP |
Dividend - Cumulative
|
12/19/2012 | The Freeport State Bank | Dividend | $1,549 | CPP |
Dividend - Non-Cumulative
|
12/11/2012 | Virginia Commerce Bancorp | Dividend | $256,389 | CPP |
Dividend - Cumulative
|
12/28/2012 | Vision Bank - Texas | Dividend | $4,703 | CPP |
Dividend - Non-Cumulative
|
12/14/2012 | AG GECC PPIF Master Fund, L.P. | Interest | $517,143 | PPIP |
Interest
|
12/14/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Dividend | $247,302 | PPIP |
Distribution
|
12/14/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Interest | $472,372 | PPIP |
Interest
|
12/14/2012 | Oaktree PPIP Fund, L.P. | Dividend | $1,014,882 | PPIP |
Distribution
|
12/14/2012 | Oaktree PPIP Fund, L.P. | Interest | $604,230 | PPIP |
Interest
|
12/06/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Interest | $563,733 | PPIP |
Interest
|
12/14/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Interest | $1,040,230 | PPIP |
Interest
|
12/21/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Interest | $148,103 | PPIP |
Interest
|
12/31/2012 | Freddie Mac | Dividend | $1,808,000,000 | PSI |
Dividend Payment
|
12/31/2012 | Fannie Mae | Dividend | $2,928,000,000 | PSI |
|
12/14/2012 | Quicken Loans, Inc. | Subsidy | $70,000 (cumulative) | MHA |
So far,
$13K
has actually been disbursed:
|