Eye on the Bailout
Independent Bank Corp
Rockland, Mass.
| Committed: | $78,158,000 | ||||
| Disbursed: | $78,158,000 | Returned: | $78,158,000 | Revenue to Gov't: | $3,318,093 |
| Profit: | $3,318,093 | ||||
Jump to listing of transactions
Independent Bank Corp returned its bailout funds on Apr. 22, 2009
Map: Corporate headquarters of Independent Bank Corp.
See all recipients in Massachusetts
Events
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$78.2M
Jan. 9, 2009 Purchase - Preferred Stock w/ Warrants
Part of the Capital Purchase Program
More info from www.financialstability.gov
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$78.2M
Apr. 22, 2009
Part of the Capital Purchase Program
More info from www.financialstability.gov
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$2.2M
May 27, 2009 Warrant Proceeds
Part of the Capital Purchase Program
More info from www.financialstability.gov
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$1.1M
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
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/31/2009 | Dividend | $1,118,094 | CPP | Dividends Paid Through 5/31/2009 |
| 05/27/2009 | Warrant | $2,200,000 | CPP | Warrant Proceeds |
| 04/22/2009 | Refund | $78,158,000 | CPP | |
| 01/09/2009 | Purchase | $78,158,000 | CPP | Purchase - Preferred Stock w/ Warrants |
For our blog, resources and more, see our main bailout page.
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