Bailout Events for April 2015

See entire timeline of bailout events.

Date Entity Type Amount Program Description
04/01/2015 Chambers Bancshares, Inc. Refund $19,817,000 CPP
Repayment
04/01/2015 Chambers Bancshares, Inc. Warrant $991,000 CPP
04/15/2015 Citizens First Corp Warrant $1,705,803 CPP
Warrant Proceeds
04/01/2015 Chambers Bancshares, Inc. Interest $5,535,628 CPP
Interest
04/16/2015 Bank of Camden Subsidy $20,000 (cumulative) MHA
Incentive Payments for Home Loan Modification
04/16/2015 Apex Bank Subsidy $859,000 (cumulative) MHA
So far, $793K has actually been disbursed:
  • Borrower: $576,333.38
  • Investor: $204,176.62
  • Servicer: $12,000.00
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