Bailout Events for June 2013
See entire timeline of bailout events.
Date | Entity | Type | Amount | Program | Description |
---|---|---|---|---|---|
06/12/2013 | Heritage Commerce Corp | Warrant | $140,000 | CPP |
Warrant Proceeds
|
06/12/2013 | Banner Corp | Warrant | $134,201 | CPP |
Warrant Proceeds
|
06/12/2013 | United Community Banks | Warrant | $6,677 | CPP |
Warrant Proceeds
|
06/12/2013 | Coastal Banking Company | Warrant | $225,647 | CPP |
Warrant Proceeds
|
06/12/2013 | Community West Bancshares | Warrant | $698,351 | CPP |
Warrant Proceeds
|
06/12/2013 | Hawthorn Bancshares | Warrant | $540,000 | CPP |
Warrant Proceeds
|
06/12/2013 | Timberland Bancorp | Warrant | $1,301,856 | CPP |
Warrant Proceeds
|
06/12/2013 | International Bancshares Corporation | Warrant | $4,018,511 | CPP |
Warrant Proceeds
|
06/12/2013 | Colony Bankcorp | Warrant | $810,000 | CPP |
Warrant Proceeds
|
06/12/2013 | Central Pacific Financial Corp | Warrant | $751,888 | CPP |
Warrant Proceeds
|
06/12/2013 | S&T Bancorp | Warrant | $527,361 | CPP |
Warrant Proceeds
|
06/12/2013 | Yadkin Valley Financial Corp | Warrant | $20,000 | CPP |
Warrant Proceeds
|
06/12/2013 | MainSource Financial Group | Warrant | $1,512,177 | CPP |
Warrant Proceeds
|
06/12/2013 | MetroCorp Bancshares | Warrant | $2,087,368 | CPP |
Warrant Proceeds
|
06/12/2013 | Old Second Bancorp | Warrant | $106,891 | CPP |
Warrant Proceeds
|
06/12/2013 | Parke Bancorp | Warrant | $1,650,288 | CPP |
Warrant Proceeds
|
06/12/2013 | Flagstar Bancorp | Warrant | $12,905 | CPP |
Warrant Proceeds
|
06/12/2013 | Carolina Trust Bank | Warrant | $19,132 | CPP |
Warrant Proceeds
|
06/12/2013 | IBT Bancorp | Warrant | $115,000 | CPP |
Warrant Proceeds
|
06/12/2013 | IBT Bancorp | Refund | $2,295,000 | CPP |
Repayment
|
06/12/2013 | Yadkin Valley Financial Corp | Warrant | $55,677 | CPP |
Warrant Proceeds
|
06/12/2013 | Freedom First Federal Credit Union | Refund | $9,278,000 | CDCI |
|
06/12/2013 | General Motors | Refund | $1,031,700,000 | AIFP |
Partial Repayment
On 6/12/2013, Treasury sold 30,000,000 shares of GM common stock in a registered public offering at $34.41 per share for net proceeds to Treasury of $ 1,031,700,000. The sale further reduced Treasury's equity stake in GM to 13.8 percent.
|
06/06/2013 | TALF LLC | Proceeds | $96,496,772 | TALF |
Proceeds
|
06/05/2013 | Patterson Bancshares | Refund | $2,440,000 | CPP |
Repayment
|
06/05/2013 | Patterson Bancshares | Warrant | $185,000 | CPP |
Warrant Proceeds
|
06/04/2013 | Invesco Legacy Securities Master Fund, L.P. | Proceeds | $69,399 | PPIP |
Distribution - Adjusted
On, 6/5/2013, Invesco Mortgage Recovery Master Fund L.P. made a distribution to Treasury that is the result of adjustments made to positions previously held by the Invesco Legacy Securities Master Fund, L.P. Partnership, of which The U.S. Department of the Treasury is a Limited Partner. The adjusted distribution was made 18 months after the Final Distribution on 9/28/2012.
|
06/13/2013 | Invesco Legacy Securities Master Fund, L.P. | Proceeds | $1,735 | PPIP |
Distribution - Adjusted
On, 6/5/2013, Invesco Mortgage Recovery Master Fund L.P. made a distribution to Treasury that is the result of adjustments made to positions previously held by the Invesco Legacy Securities Master Fund, L.P. Partnership, of which The U.S. Department of the Treasury is a Limited Partner. The adjusted distribution was made 18 months after the Final Distribution on 9/28/2012.
|
06/03/2013 | Oaktree PPIP Fund, L.P. | Refund | $31,835,008 | PPIP |
Repayment
|
06/03/2013 | Oaktree PPIP Fund, L.P. | Proceeds | $46,575,750 | PPIP |
Distribution
|
06/03/2013 | Oaktree PPIP Fund, L.P. | Proceeds | $1,960,289 | PPIP |
Distribution
|
06/14/2013 | Oaktree PPIP Fund, L.P. | Proceeds | $54,999,725 | PPIP |
Distribution
|
06/14/2013 | Oaktree PPIP Fund, L.P. | Proceeds | $1,375,007 | PPIP |
Distribution
|
06/28/2013 | Metropolitan Bank Group | Refund | $23,718,542 | CPP |
Partial Repayment
On 6/28/2013, Treasury completed the sale to MBG Investors I, L.P. of all preferred stock (including the preferred stock received upon the exercise of warrants) issued by Metropolitan Bank Group, Inc. to Treasury for an aggregate purchase price of $26,000,000.00, pursuant to the terms of the agreement among Treasury, MBG Investors I, L.P. and Metropolitan Bank Group, Inc. entered into on 6/26/2013.
|
06/28/2013 | NC Bancorp | Refund | $2,281,458 | CPP |
Partial Repayment
On 6/28/2013, Treasury completed the sale to MBG Investors I, L.P. of all preferred stock (including the preferred stock received upon the exercise of warrants) issued by Metropolitan Bank Group, Inc. to Treasury for an aggregate purchase price of $26,000,000.00, pursuant to the terms of the agreement among Treasury, MBG Investors I, L.P. and Metropolitan Bank Group, Inc. entered into on 6/26/2013.
|
06/26/2013 | Oaktree PPIP Fund, L.P. | Proceeds | $11,749,941 | PPIP |
Distribution
|
06/26/2013 | Oaktree PPIP Fund, L.P. | Proceeds | $293,751 | PPIP |
Distribution
|
06/24/2013 | Oaktree PPIP Fund, L.P. | Proceeds | $27,999,860 | PPIP |
Distribution
|
06/24/2013 | Oaktree PPIP Fund, L.P. | Proceeds | $700,004 | PPIP |
Distribution
|
06/24/2013 | Intervest Bancshares | Refund | $24,007,500 | CPP |
Partial Repayment
On 6/24/2013, Treasury completed the sale of 25,000 shares of Intervest Bancshares Corp preferred stock at $970.00 per share (less a placement agent fee) for net proceeds of $24,007,500.00 , pursuant to a placement agency agreement executed on 6/14/2013.
|
06/24/2013 | First Western Financial | Refund | $7,647,253 | CPP |
On 6/24/2013, Treasury completed the sale of 8,559 shares of First Western Financial, Inc. preferred stock at $902.50 per share (less a placement agent fee) for net proceeds of $7,647,252.53 , pursuant to a placement agency agreement executed on 6/14/2013.
|
06/24/2013 | Farmers & Merchants Financial Corp | Refund | $400,425 | CPP |
Partial Repayment
On 6/24/2013, Treasury completed the sale of 442 shares of Farmer & Merchants Financial Corporation preferred stock at $962.50 per share (less a placement agent fee) for net proceeds of $400,425.00 and 22 shares of Farmer & Merchants Financial Corporation preferred stock received upon the exercise of warrants at $1,007.50 per share (less a placement agent fee) for net proceeds of -$2,835.00, pursuant to a placement agency agreement executed on 6/14/2013.
|
06/24/2013 | Pathway Bancorp | Refund | $3,727,000 | CPP |
Repayment
|
06/24/2013 | Pathway Bancorp | Proceeds | $597,446 | CPP |
Proceeds
On 6/24/2013, Treasury completed the sale of 3,727 shares of Pathway Bancorp preferred stock at $1,167.01 per share (less a placement agent fee) for net proceeds of $4,324,446.27 and 186 shares of Pathway Bancorp preferred stock received upon the exercise of warrants at $1,352.50 per share (less a placement agent fee) for net proceeds of $226,565.00, pursuant to a placement agency agreement executed on 6/14/2013.
|
06/24/2013 | Pathway Bancorp | Warrant | $226,565 | CPP |
Warrant Proceeds
|
06/24/2013 | Security State Bank Holding Company | Refund | $10,750,000 | CPP |
Repayment
|
06/24/2013 | Security State Bank Holding Company | Proceeds | $1,659,261 | CPP |
Proceeds
On 6/24/2013, Treasury completed the sale of its Security State Bank Holding Company subordinated debentures for net proceeds of $12,409,261.43 and its Security State Bank Holding Company subordinated debentures received upon the exercise of warrants for proceeds of $720,368.55, pursuant to a placement agency agreement executed on 6/14/2013.
|
06/24/2013 | Security State Bank Holding Company | Warrant | $720,369 | CPP |
Warrant Proceeds
|
06/24/2013 | Worthington Financial Holdings, Inc. | Refund | $2,318,851 | CPP |
Partial Repayment
On 6/24/2013, Treasury completed the sale of 2,720 shares of Worthington Financial Holdings, Inc. preferred stock at $861.71 per share (less a placement agent fee) for net proceeds of $2,318,851.2 and 136 shares of Worthington Financial Holdings, Inc. preferred stock received upon the exercise of warrants at $852.50 per share (less a placement agent fee) for proceeds of $90,940.00, pursuant to a placement agency agreement executed on 6/14/2013.
|
06/24/2013 | Worthington Financial Holdings, Inc. | Warrant | $90,940 | CPP |
Warrant Proceeds
|
06/24/2013 | First Western Financial | Refund | $3,237,045 | CPP |
Partial Repayment
On 6/24/2013, Treasury completed the sale of 3,881 shares of First Western Financial, Inc. preferred stock at $842.50 per share (less a placement agent fee) for net proceeds of $3,237,045.08, pursuant to a placement agency agreement executed on 6/14/2013.
|
06/30/2013 | Fannie Mae | Dividend | $59,368,000,000 | PSI |
Dividend Payment
The dividend was based on Fannie having a net worth of $62.4 billion at March 31, 2013 minus the capital reserve amount of $3 billion.
|
06/30/2013 | Freddie Mac | Dividend | $6,971,000,000 | PSI |
Dividend Payment
The dividend amount was based on a net worth amount of $10.0 billion at March 31, 2013 minus the capital reserve of $3 billion.
|
06/21/2013 | Intervest Bancshares | Dividend | $3,800,340 | CPP |
Dividend - Cumulative
|
06/24/2013 | Intervest Bancshares | Dividend | $1,109,660 | CPP |
Dividend - Cumulative
|
06/21/2013 | First Western Financial | Dividend | $42,276 | CPP |
Dividend - Cumulative
|
06/24/2013 | First Western Financial | Dividend | $25,149 | CPP |
Dividend - Cumulative
|
06/12/2013 | IBT Bancorp | Dividend | $9,383 | CPP |
Dividend - Cumulative
|
06/05/2013 | Patterson Bancshares | Dividend | $7,703 | CPP |
Dividend - Cumulative
|
06/24/2013 | Farmers & Merchants Financial Corp | Dividend | $1,507 | CPP |
Dividend - Cumulative
|
06/21/2013 | Farmers & Merchants Financial Corp | Dividend | $1,104 | CPP |
Dividend - Cumulative
|
06/14/2013 | Cheviot Savings Bank | Subsidy | $11,344 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
So far,
$9.1K
has actually been disbursed:
Subsidy as of July 2022
|
06/12/2013 | Freedom First Federal Credit Union | Interest | $13,917 | CDCI |
Interest
|