Bailout Events for April 2012
See entire timeline of bailout events.
| Date | Entity | Type | Amount | Program | Description |
|---|---|---|---|---|---|
| 04/04/2012 | Regions Financial Corp. | Refund | $3,500,000,000 | CPP |
Repayment
|
| 04/04/2012 | Peapack-Gladstone Financial | Warrant | $110,000 | CPP |
Warrant Proceeds
|
| 04/04/2012 | Titonka Bancshares | Refund | $2,117,000 | CPP |
Repayment
|
| 04/04/2012 | Titonka Bancshares | Warrant | $106,000 | CPP |
Warrant Proceeds
|
| 04/04/2012 | Mercantile Bank Corporation | Refund | $10,500,000 | CPP |
Partial Repayment
|
| 04/04/2012 | Wachusett Financial Services, Inc. | Refund | $3,000,000 | CPP |
Partial Repayment
|
| 04/13/2012 | Gateway Bancshares | Refund | $6,000,000 | CPP |
Repayment
On 4/13/2012, Treasury completed the sale of all Gateway Bancshares, Inc. preferred stock held by Treasury to First Volunteer Corporation ("First Volunteer") for an aggregate purchase price of $6,300,000.00 plus accrued and unpaid dividends, pursuant to the terms of the agreement between Treasury and First Volunteer.
|
| 04/13/2012 | Gateway Bancshares | Warrant | $300,000 | CPP |
Warrant Proceeds
|
| 04/11/2012 | C&F Financial Corp | Refund | $10,000,000 | CPP |
Repayment
|
| 04/10/2012 | Greater Kinston Credit Union | Refund | $350,000 | CDCI |
Repayment
|
| 04/30/2012 | Chrysler | Proceeds | $9,302,185 | AIFP |
Proceeds from sale of collateral
|
| 04/25/2012 | Park National Corporation | Refund | $100,000,000 | CPP |
Repayment
|
| 04/25/2012 | Moscow Bancshares | Refund | $1,100,000 | CPP |
Partial Repayment
|
| 04/24/2012 | Peoples Bancorporation | Refund | $12,660,000 | CPP |
Repayment
|
| 04/24/2012 | Peoples Bancorporation | Warrant | $633,000 | CPP |
Warrant Proceeds
On 4/24/2012, Treasury completed the sale of all Peoples Bancorporation, Inc. ("Peoples") preferred stock held by Treasury to SCBT Financial Corporation ("SCBT") for an aggregate purchase price of $13,293,000 plus accrued and unpaid dividends, pursuant to the terms of the agreement by and among Treasury, Peoples, and SCBT entered into on 4/24/2012.
|
| 04/19/2012 | Connecticut Bank and Trust Company | Refund | $5,448,000 | CPP |
Repayment
|
| 04/19/2012 | Connecticut Bank and Trust Company | Warrant | $792,783 | CPP |
Warrant Proceeds
On 4/20/2012, Treasury completed the sale of all The Connecticut Bank and Trust Company preferred stock held by Treasury to Berkshire Bank for an aggregate purchase price of $6,289,966.33 consisting of (a) (i) $5,448,000.00 for the preferred stock plus (ii) all accrued and unpaid dividends and (b) $792,783.00 for the Warrant, pursuant to the terms of the agreement by and among Treasury, The Connecticut Bank and Trust Company, and Berkshire Bank entered into on 4/19/2012.
|
| 04/18/2012 | Annapolis Bancorp | Refund | $4,076,000 | CPP |
Partial Repayment
|
| 04/10/2012 | Greater Kinston Credit Union | Interest | $1,070 | CDCI |
Interest
|
| 04/18/2012 | Annapolis Bancorp | Dividend | $35,665 | CPP |
Dividend - Cumulative
|
| 04/03/2012 | Banner Corp | Dividend | $827,080 | CPP |
Dividend - Cumulative
|
| 04/11/2012 | C&F Financial Corp | Dividend | $77,778 | CPP |
Dividend - Cumulative
|
| 04/23/2012 | Community Bancshares, Inc. | Dividend | $51,010 | CPP |
Dividend - Cumulative
|
| 04/03/2012 | First Financial Holdings | Dividend | $433,550 | CPP |
Dividend - Cumulative
|
| 04/13/2012 | Gateway Bancshares | Dividend | $218,687 | CPP |
Dividend - Cumulative
|
| 04/03/2012 | MainSource Financial Group | Dividend | $380,190 | CPP |
Dividend - Cumulative
|
| 04/04/2012 | Mercantile Bank Corporation | Dividend | $71,458 | CPP |
Dividend - Cumulative
|
| 04/25/2012 | Moscow Bancshares | Dividend | $10,694 | CPP |
Dividend - Cumulative
|
| 04/25/2012 | Park National Corporation | Dividend | $972,222 | CPP |
Dividend - Cumulative
|
| 04/24/2012 | Peoples Bancorporation | Dividend | $132,244 | CPP |
Dividend - Cumulative
|
| 04/04/2012 | Regions Financial Corp. | Dividend | $23,819,444 | CPP |
Dividend - Cumulative
|
| 04/03/2012 | Seacoast Banking Corp | Dividend | $333,340 | CPP |
Dividend - Cumulative
|
| 04/19/2012 | Connecticut Bank and Trust Company | Dividend | $49,183 | CPP |
Dividend - Non-Cumulative
|
| 04/04/2012 | Titonka Bancshares | Dividend | $15,706 | CPP |
Dividend - Cumulative
|
| 04/04/2012 | Wachusett Financial Services, Inc. | Dividend | $20,417 | CPP |
Dividend - Cumulative
|
| 04/03/2012 | Wilshire Bancorp | Dividend | $414,594 | CPP |
Dividend - Cumulative
|
| 04/03/2012 | WSFS Financial | Dividend | $351,009 | CPP |
Dividend - Cumulative
|
| 04/13/2012 | AG GECC PPIF Master Fund, L.P. | Dividend | $19,999,900 | PPIP |
Distribution
|
| 04/13/2012 | AG GECC PPIF Master Fund, L.P. | Interest | $1,926,444 | PPIP |
Interest
|
| 04/13/2012 | AllianceBernstein Legacy Securities Master Fund, L.P. | Dividend | $9,681,924 | PPIP |
Distribution
|
| 04/13/2012 | AllianceBernstein Legacy Securities Master Fund, L.P. | Interest | $2,170,649 | PPIP |
Interest
|
| 04/13/2012 | Blackrock PPIF, L.P. | Dividend | $347,490 | PPIP |
Distribution
|
| 04/13/2012 | Blackrock PPIF, L.P. | Interest | $1,089,636 | PPIP |
Interest
|
| 04/13/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Dividend | $31,202,516 | PPIP |
Distribution
|
| 04/13/2012 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Interest | $982,017 | PPIP |
Interest
|
| 04/13/2012 | Oaktree PPIP Fund, L.P. | Interest | $599,376 | PPIP |
Interest
|
| 04/13/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Dividend | $520,750 | PPIP |
Distribution
|
| 04/13/2012 | RLJ Western Asset Public/Private Master Fund, L.P. | Interest | $1,270,174 | PPIP |
Interest
|
| 04/13/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Dividend | $23,739,736 | PPIP |
Distribution
|
| 04/13/2012 | Wellington Management Legacy Securities PPIF Master Fund, LP | Interest | $2,112,010 | PPIP |
Interest
|