Eye on the Bailout
First Community Bancshares
Bluefield, Va.
| Committed: | $41,500,000 | ||||
| Disbursed: | $41,500,000 | Returned: | $41,500,000 | Revenue to Gov't: | $1,308,402 |
| Profit: | $1,308,402 | ||||
Jump to listing of transactions
First Community Bancshares returned its bailout funds on Jul. 8, 2009
Map: Corporate headquarters of First Community Bancshares.
See all recipients in Virginia
Events
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$41.5M
Nov. 21, 2008 Purchase - Preferred Stock w/ Warrants
Part of the Capital Purchase Program
More info from www.financialstability.gov
-
$1M
May 15, 2009 Dividends Paid Through 5/15/2009
Part of the Capital Purchase Program
More info from www.financialstability.gov
-
$41.5M
Jul. 8, 2009
Part of the Capital Purchase Program
More info from www.snl.com
-
$305.5Th
Jul. 8, 2009 Dividend Paid
Part of the Capital Purchase Program
More info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 07/08/2009 | Refund | $41,500,000 | CPP | |
| 07/08/2009 | Dividend | $305,486 | CPP | Dividend Paid |
| 05/15/2009 | Dividend | $1,002,917 | CPP | Dividends Paid Through 5/15/2009 |
| 11/21/2008 | Purchase | $41,500,000 | CPP | Purchase - Preferred Stock w/ Warrants |
For our blog, resources and more, see our main bailout page.
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Bailout Balance Sheet December 2009: Taxpayers’ Revenues Grow, but So Do Losses 12/3
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