Replies to post #4 on First Financial Service Corp. (KY) (FFKY)

[56Chevy]

Marker:

First Financial Serv (FFKY)
$5.2 up 0.38 (7.88%)
Volume: 12,019

Price/Book: 1.61

*the bank did financially much better in the 2nd half of 2013 but imo remains way over-priced.

http://banktracker.investigativereportingworkshop.org/banks/kentucky/elizabethtown/first-federal-savings-bank-of-elizabethtown/

First Financial Service

http://banktracker.investigativereportingworkshop.org/tarp/kentucky/elizabethtown/first-financial-service/

Elizabethtown, KY

TARP Transactions

Original TARP investment amount: $20,000,000.00 (on Jan. 9, 2009)

Outstanding investment $0.00

Total cash back: $12,333,778.00 (May include dividends and interest payments not shown below)

Investment status: Sold, in full; warrants outstanding
Repayment of $10,842,200.00 on April 29, 2013 - realized loss of $9,157,800.00
Fees paid*: $-108,422.00 on May 31, 2013

Data current as of Oct. 16, 2013

Footnotes

* Fees Include: (i) placement fees in private auctions of a cash purchase program issuer’s securities where Treasury pays placement fees to the placement agents in an amount equal to a minimum of $50,000 (per issuer) or 1.00% of gross aggregate proceeds for each security and (ii) unreimbursed underwriting fees in public offerings. Placement fees in private auctions are paid approximately one month after settlement.

Not all transactions are shown; dividend and interest payments are omitted.