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Note 14: Subsequent Events
3 Months Ended
Sep. 30, 2015
Notes  
Note 14: Subsequent Events

Note 14: Subsequent Events

 

The Company noted in a Current Report on Form 8-k filed October 16, 2015, that it redeemed all 20,000 shares of the Company’s Senior Preferred Non-Cumulative Perpetual Preferred Stock, Series A (the “Preferred Stock”), which were issued to the U.S. Department of the Treasury in July 2011 pursuant to Treasury’s Small Business Lending Fund (SBLF) program. The shares of Preferred Stock were redeemed at their liquidation amount of $1,000 per share plus accrued but unpaid dividends to the redemption date.