Eye on the Bailout

Bank of North Carolina

Thomasville, N.C.

Committed: $31,260,000
Disbursed: $31,260,000 Returned: $0 Revenue to Gov't:$1,476,166
Net Outstanding: $29,783,834

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0.1% > of all bailout funds committed.
0.1% > of the Bank industry bailout.
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Map: Corporate headquarters of Bank of North Carolina.
See all recipients in North Carolina

Events

Date Type Amount Program Description
11/16/2009 Dividend $390,750 CPP Dividends payment
08/17/2009 Dividend $390,750 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $694,667 CPP Dividends Paid Through 5/31/2009
12/05/2008 Purchase $31,260,000 CPP Purchase - Preferred Stock w/ Warrants

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About This Project

We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .

ProPublica is an independent, non-profit newsroom that produces investigative journalism in the public interest. We strive to foster change through exposing exploitation of the weak by the strong and the failures of those with power to vindicate the trust placed in them.

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