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Re: None

Wednesday, 05/14/2014 3:30:59 PM

Wednesday, May 14, 2014 3:30:59 PM

Post# of 7
How healthy is this bank?

http://banktracker.investigativereportingworkshop.org/banks/georgia/doraville/first-intercontinental-bank/

BV is: $8.64

MV is: $4.25

P/E is 6.76

TARP Transactions

Original TARP investment amount: $6,398,000.00 (on March 13, 2009)

Total cash back: $4,118,886.85 (May include dividends and interest payments not shown below)

Investment status: Sold, in full; warrants not outstanding

-Warrant proceeds of $139,320.00 on Aug. 12, 2013 - realized loss of $3,150,887.04

-Repayment of $3,247,112.96 on Aug. 12, 2013 - realized loss of $3,150,887.04

-Fees paid*: $-25,000.00 on Sept. 12, 2013

Data current as of Oct. 16, 2013

==========

*The bank is making a nice recovery. Technically the TARP debt remains at $6,398,000.00 even though the Treasury auctioned off their holdings.

*FD - I do not own FIEB at this time.

Marker:
First Intercontinent (FIEB)
$4.25 0.0 (0.00%)
Volume: 0





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