Bailout Events for April 2013
See entire timeline of bailout events.
Date | Entity | Type | Amount | Program | Description |
---|---|---|---|---|---|
04/04/2013 | TALF LLC | Proceeds | $6,069,968 | TALF |
Proceeds
|
04/16/2013 | Wellington Management Legacy Securities PPIF Master Fund, LP | Proceeds | $16,195,771 | PPIP |
Distribution
|
04/16/2013 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Proceeds | $71,462,104 | PPIP |
Distribution
|
04/03/2013 | Uwharrie Capital Corp | Refund | $7,742,000 | CPP |
Partial Repayment
|
04/09/2013 | PremierWest Bancorp | Refund | $41,400,000 | CPP |
Repayment
|
04/16/2013 | Marathon Legacy Securities Public-Private Investment Partnership, L.P. | Proceeds | $7,143,340 | PPIP |
Distribution
|
04/12/2013 | Citizens Republic Bancorp | Refund | $300,000,000 | CPP |
Repayment
214/ On 4/12/2013, Treasury completed (i) the sale of its CPP preferred in Citizens Republic Bancorp, Inc. (Citizens Republic) to FirstMerit Corporation (FirstMerit) and (ii) the exchange of its warrant in Citizens Republic for a warrant issued by FirstMerit, pursuant to a securities purchase agreement, dated as of 2/19/13, among Treasury, FirstMerit and Citizens Republic.
|
04/12/2013 | Oaktree PPIP Fund, L.P. | Refund | $18,268,328 | PPIP |
Partial Repayment
|
04/12/2013 | Oaktree PPIP Fund, L.P. | Refund | $109,610,516 | PPIP |
Partial Repayment
|
04/11/2013 | First Security Group | Refund | $14,912,862 | CPP |
Partial Repayment
On 4/11/2013, Treasury completed the exchange of its First Security Group, Inc. (FSGI) preferred stock for common stock, pursuant to an exchange agreement, dated as of 2/25/2013, between Treasury and FSGI, and sold the resulting FSGI common stock, pursuant to securities purchase agreements, each dated as of 4/9/2013.
|
04/11/2013 | General Motors | Refund | $1,637,839,844 | AIFP |
Partial Repayment
On January 18, 2013, Treasury gave Citigroup Global Markets, Inc. and J.P. Morgan Securities, LLC discretionary authority, as its sales agent, to sell subject to certain parameters up to 58,392,078 shares of common stock from time to time during the period ending on April 17, 2013 (or upon completion of the sale). Completion of the sale under this authority occurred on April 11, 2013. The sale further reduced Treasury's equity stake in GM to 17.69 percent.
|
04/25/2013 | AG GECC PPIF Master Fund, L.P. | Proceeds | $42,099,442 | PPIP |
Distribution
|
04/25/2013 | AG GECC PPIF Master Fund, L.P. | Proceeds | $1,052,497 | PPIP |
Distribution
|
04/24/2013 | Green Circle Investments | Refund | $800,000 | CPP |
|
04/24/2013 | Green Circle Investments | Warrant | $120,000 | CPP |
Warrant Proceeds
|
04/24/2013 | Business Bancshares | Refund | $6,500,000 | CPP |
Repayment
|
04/24/2013 | Business Bancshares | Warrant | $750,000 | CPP |
Warrant Proceeds
|
04/24/2013 | NEMO Bancshares Inc. | Refund | $2,330,000 | CPP |
Repayment
|
04/24/2013 | NEMO Bancshares Inc. | Warrant | $117,000 | CPP |
Warrant Proceeds
|
04/19/2013 | BCSB Bancorp | Warrant | $1,442,000 | CPP |
Warrant Proceeds
|
04/19/2013 | Carolina Bank Holdings | Warrant | $1,800,000 | CPP |
Warrant Proceeds
|
04/19/2013 | Carrollton Bancorp | Refund | $9,201,000 | CPP |
Repayment
|
04/19/2013 | Carrollton Bancorp | Warrant | $213,594 | CPP |
Warrant Proceeds
|
04/19/2013 | AG GECC PPIF Master Fund, L.P. | Proceeds | $105,620,441 | PPIP |
Distribution
|
04/19/2013 | AG GECC PPIF Master Fund, L.P. | Proceeds | $17,118,005 | PPIP |
Distribution
|
04/29/2013 | NewBridge Bancorp | Refund | $50,837,239 | CPP |
Partial Repayment
On 4/29/2013, Treasury completed the sale of 52,372 shares of NewBridge Bancorp preferred stock at $980.50 per share (less a placement agent fee) for net proceeds of $50,837,238.54, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/29/2013 | Tennessee Valley Financial Holdings | Refund | $3,000,000 | CPP |
Repayment
On 4/29/2013, Treasury completed the sale of 3,000 shares of Tennessee Valley Financial Holdings, Inc. preferred stock at $1,022.11 per share (less a placement agent fee) for net proceeds of $3,041,330.00 and 150 shares of Tennessee Valley Financial Holdings, Inc. preferred stock received upon the exercise of warrants at $1,127.61 per share (less a placement agent fee) for net proceeds of $144,141.50, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/29/2013 | Tennessee Valley Financial Holdings | Warrant | $144,142 | CPP |
Warrant Proceeds
|
04/29/2013 | First Financial Service Corp | Refund | $10,733,778 | CPP |
Partial Repayment
On 4/29/2013, Treasury completed the sale of 20,000 shares of First Financial Service Corporation preferred stock at $542.11 per share (less a placement agent fee) for net proceeds of $10,733,778.00, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/29/2013 | Plumas Bancorp | Proceeds | $958,297 | CPP |
Revenue from Sale of Stock
On 4/29/2013, Treasury completed the sale of 11,949 shares of Plumas Bancorp preferred stock at $1,091.11 per share (less a placement agent fee) for net proceeds of $12,907,296.66, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/29/2013 | BancStar, Inc. | Refund | $8,366,452 | CPP |
Partial Repayment
On 4/29/2013, Treasury completed the sale of 8,600 shares of BancStar, Inc. preferred stock at $982.67 per share (less a placement agent fee) for net proceeds of $8,366,452.38 and 430 shares of BancStar, Inc. preferred stock received upon the exercise of warrants at $1,001.50 per share (less a placement agent fee) for net proceeds of $426,338.55, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/29/2013 | BancStar, Inc. | Warrant | $426,339 | CPP |
Warrant Proceeds
|
04/29/2013 | Brogan Bankshares, Inc. | Proceeds | $95,024 | CPP |
Proceeds
On 4/29/2013, Treasury completed the sale of its Brogan Bankshares, Inc. subordinated debentures for net proceeds of $2,495,024.00 and its Brogan Bankshares, Inc. subordinated debentures received upon the exercise of warrants for net proceeds of $125,135.60, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/29/2013 | Brogan Bankshares, Inc. | Refund | $2,400,000 | CPP |
Repayment
On 4/29/2013, Treasury completed the sale of its Brogan Bankshares, Inc. subordinated debentures for net proceeds of $2,495,024.00 and its Brogan Bankshares, Inc. subordinated debentures received upon the exercise of warrants for net proceeds of $125,135.60, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/29/2013 | Brogan Bankshares, Inc. | Warrant | $125,136 | CPP |
Warrant Proceeds
|
04/29/2013 | Plato Holdings Inc. | Refund | $2,478,750 | CPP |
Partial Repayment
On 4/29/2013, Treasury completed the sale of its Plato Holdings Inc. subordinated debentures for net proceeds of $2,478,750.00 and its Plato Holdings Inc. subordinated debentures received upon the exercise of warrants for net proceeds of $90,582.47, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/29/2013 | Plato Holdings Inc. | Warrant | $90,582 | CPP |
Warrant Proceeds
|
04/29/2013 | Guaranty Federal Bancshares | Refund | $11,493,900 | CPP |
Partial Repayment
On 4/29/2013, Treasury completed the sale of 12,000 shares of Guaranty Federal Bancshares, Inc. preferred stock at $967.50 per share (less a placement agent fee) for net proceeds of $11,493,900.00, pursuant to a placement agency agreement executed on 4/15/2013.
|
04/26/2013 | Mid-Wisconsin Financial Services | Refund | $10,000,000 | CPP |
Repayment
|
04/26/2013 | Mid-Wisconsin Financial Services | Warrant | $500,000 | CPP |
Warrant Proceeds
|
04/12/2013 | Citizens Republic Bancorp | Dividend | $55,370,437 | CPP |
Dividend - Cumulative
|
04/12/2013 | Oaktree PPIP Fund, L.P. | Dividend | $12,832,659 | PPIP |
Distribution
|
04/26/2013 | Mid-Wisconsin Financial Services | Dividend | $1,261,795 | CPP |
Dividend - Cumulative
|
04/19/2013 | Carrollton Bancorp | Dividend | $1,051,709 | CPP |
Dividend - Cumulative
|
04/29/2013 | NewBridge Bancorp | Dividend | $538,384 | CPP |
Dividend - Cumulative
|
04/12/2013 | Oaktree PPIP Fund, L.P. | Interest | $407,805 | PPIP |
Interest
|
04/29/2013 | Guaranty Federal Bancshares | Dividend | $123,360 | CPP |
Dividend - Cumulative
|
04/01/2013 | ECB Bancorp | Dividend | $114,674 | CPP |
Dividend - Cumulative
|
04/29/2013 | BancStar, Inc. | Dividend | $96,363 | CPP |
Dividend - Cumulative
|
04/24/2013 | Business Bancshares | Dividend | $75,229 | CPP |
Dividend - Cumulative
|
04/03/2013 | Uwharrie Capital Corp | Dividend | $51,613 | CPP |
Dividend - Cumulative
|
04/24/2013 | NEMO Bancshares Inc. | Interest | $37,482 | CPP |
Interest
|
04/24/2013 | Green Circle Investments | Dividend | $9,737 | CPP |
Dividend - Cumulative
|
04/19/2013 | Sterling Financial Corp | Proceeds | $860,796 | CPP |
Proceeds - Common Stock
|