Now that the 11/14 deadline is well past, it seems like a propitious time to summarize TARP money handed out to smaller banks. The deals, listed below, involve 41 banks and range from $4 million to almost $7 billion. The grand total for all the transactions is about $31 billion. Putting together this list gave me the same feeling that I used to get if I spent too long in ABC Carpet & Home - I started to lose perspective about what constitutes a lot of money. I found myself thinking "Why did Heritage Financial bother if all they got was a lousy 3.6 million bucks?"
See this post for a summary of big-bank TARP transactions, and this Reuters article for TARP scorecard of all transactions as of the date of the deadline.
If you'd like a copy of the list below as a Word doc, email me and I'll send it to you.
1st Financial Services Corp, 11/18, $16
Associated Banc-Corp, 11/21, $525
Ameris Bancorp, 11/21, $52
BB&T Corp, 11/19, $3,100
Banner Corp, 11/24, $124
Boston Private Financial, 11/24, $154
Broadway Financial Corp, 11/19, $9
Capital One Financial Corp, 11/18, $3,550
Cascade Financial, 11/26, $38
Centerstate Banks of Florida, 11/24, $4,200
City National Corp, 11/24, $395
Comerica Inc, 11/19, $2,250
Columbia Banking System Inc, 11/21, $77
First Community Bancshares, 11/24, $41
First Community Corp, 11/25, $11
First Horizon National Corp, 11/17, $866
First Niagara Financial Group, 11/25, $186
First Pactrust Bancorp Inc, 11/21, $19
HF Financial Corp, 11/24, $25
Heritage Commerce Corp, 11/26, $40
Heritage Financial Corp, 11/25, $4
Huntington Bancshares, 11/14, $1,400
KeyCorp, 11/20, $2,500
Marshall & Ilsley Corp, 11/14, $1,700
Northern Trust Corp, 11/17, $1,500
Pacific Capital Bancorp, 11/26, $180
Porter Bancorp, Inc, 11/24, $35
Provident Bankshares, 11/17, $151
Regions Financial Corp, 11/18, $3,500
Severn Bancorp, 11/24, $23
TCF Financial, 11/14, $54
Taylor Capital Group, 11/24, $104
Trustmark Corp, 11/25, $215
UCBH Holdings Inc, 11/20, $298
US Bancorp, 11/14, $6,600
Umpqua Holdings Corp, 11/14, $214
Valley National Bancorp, 11/17, $300
Washington Federal, 11/17, $200
Webster Financial Corp, 11/24, $400
Western Alliance BanCorporation, 11/25, $140
Zions Bancorporation, 11/17, $1,400
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