Eye on the Bailout
AB&T Financial Corp
Gastonia, N.C.
| Committed: | $3,500,000 | ||||
| Disbursed: | $3,500,000 | Returned: | $0 | Revenue to Gov't: | $141,944 |
| Net Outstanding: | $3,358,056 | ||||
Jump to listing of transactions
| 0.1% > | of all bailout funds committed. |
| 0.1% > | of the Bank industry bailout. |
Map: Corporate headquarters of AB&T Financial Corp.
See all recipients in North Carolina
Events
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$3.5M
Jan. 23, 2009 Purchase - Preferred Stock w/ Warrants
Part of the Capital Purchase Program
More info from www.financialstability.gov
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$54.4Th
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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$43.8Th
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of the Capital Purchase Program
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$43.8Th
Nov. 17, 2009 Dividends payment
Part of the Capital Purchase Program
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 11/17/2009 | Dividend | $43,750 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $43,750 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $54,444 | CPP | Dividends Paid Through 5/31/2009 |
| 01/23/2009 | Purchase | $3,500,000 | 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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