Eye on the Bailout
CVB Financial
Ontario, Calif.
| Committed: | $130,000,000 | ||||
| Disbursed: | $130,000,000 | Returned: | $130,000,000 | Revenue to Gov't: | $6,046,583 |
| Profit: | $6,046,583 | ||||
Jump to listing of transactions
CVB Financial returned its bailout funds on Sep. 2, 2009
Map: Corporate headquarters of CVB Financial.
See all recipients in California
Events
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$130M
Dec. 5, 2008 Purchase - Preferred Stock w/ Warrants
Part of the Capital Purchase Program
More info from biz.yahoo.com
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$2.9M
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of the Capital Purchase Program
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$1.8M
Aug. 14, 2009 Dividends Paid in Aug. 2009
Part of the Capital Purchase Program
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$97.5M
Aug. 26, 2009
Part of the Capital Purchase Program
More info from www.financialstability.gov
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$76.7Th
Sep. 2, 2009 Dividend Paid
Part of the Capital Purchase Program
More info from www.financialstability.gov
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$32.5M
Sep. 2, 2009
Part of the Capital Purchase Program
More info from www.cbbank.com
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$1.3M
Oct. 28, 2009 Warrant Proceeds
Part of the Capital Purchase Program
More info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 10/28/2009 | Warrant | $1,307,000 | CPP | Warrant Proceeds |
| 09/02/2009 | Refund | $32,500,000 | CPP | |
| 09/02/2009 | Dividend | $76,736 | CPP | Dividend Paid |
| 08/26/2009 | Refund | $97,500,000 | CPP | |
| 08/14/2009 | Dividend | $1,773,958 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $2,888,889 | CPP | Dividends Paid Through 5/31/2009 |
| 12/05/2008 | Purchase | $130,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
For our blog, resources and more, see our main bailout page.
TARP Watchdog Launches Audit of Bailout Contracts 2/9
Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo 2/4
Homeowners Say Banks Not Following Rules for Loan Modifications 1/14
Loan Mod Program Delays Even Worse for Those Struggling Not to Fall Behind 12/21
Bailout Breakdown: Losses Likely to Be Larger Than Treasury Estimates 12/11
Interactive Chart Shows Breakdown of Slow-Moving Loan Mod Program 12/11
Homeowners Getting Blame for Lack of Loan Mods, but Evidence Points to Banks and Servicers, Too 12/9
Bailout Balance Sheet December 2009: Taxpayers’ Revenues Grow, but So Do Losses 12/3
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