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UNITED STATES DEPARTMENT OF THE TREASURY SIXTH TRANCHE REPORT TO CONGRESS APRIL 24, 2009 I. INTRODUCTION This Sixth Tranche Report to Congress meets the requirement for reporting at the $350 billion commitment level under section 105(b) of the Emergency Economic Stabilization Act of 2008 (EESA). Recent transactions under the Auto Supplier Support Program, Consumer and Business Lending Initiative, Home Affordable Modification Program, and Systemically Significant Failing Institutions Program, when combined with $3.6 billion of transactions under the Capital Purchase Program, bring the total investment amount to $376.7 billion as April 17, 2009. Treasury will submit the next report when transactions reach the $400 billion level. The Report addresses the following six areas: • • • • • • A description of all the transactions made during the reporting period. A description of the pricing mechanism for the transactions. A justification of the price paid for, and other financial terms associated with, the transactions. A description of the impact of the exercise of such authority on the financial system. A description of the challenges that remain in the financial system, including any benchmarks yet to be achieved. An estimate of additional actions under the authority provided pursuant to the EESA that may be necessary to address such challenges. II. TRANSACTION INFORMATION BY PROGRAM This Sixth Tranche Report describes transactions under five programs: the Automotive Industry Financing Program, Capital Purchase Program, Consumer and Business Lending Initiative, Home Affordable Modification Program, and the Systemically Significant Failing Institutions Program. A report listing all transactions under the Troubled Asset Relief Program (TARP) is attached as the Appendix and is posted on Treasury’s web site. Automotive Industry Financing Program On March 19, 2009, Treasury released details and eligibility information for the Auto Supplier Support Program, which is part of the Automotive Industry Financing Program. The Auto Supplier Support Program provides domestic auto suppliers access to government-backed protection for accounts receivable attributable to products they ship to participating auto manufacturers. Participating suppliers are able to sell their receivables into the program for payment at maturity at a modest discount or enhance their liquidity by selling the receivables before maturity for an additional discount. The program is expected to help increase liquidity in the supplier industry. Any supplier that ships to a participating auto manufacturer on qualifying commercial terms is eligible to be selected for participation in the program. Participating auto manufacturers decide which suppliers and receivables receive protection under the program. General Motors Corporation and Chrysler LLC have elected to participate in the Auto Supplier Support Program. Under the program, Treasury, through the TARP, will provide up to $5 billion of funding through the purchase of debt obligations from special purpose limited liability companies (SPLLC) established by GM and Chrysler. Each SPLLC received an allocation of the funding from Treasury to provide government backing for supplier receivables, and each was required to make a financial commitment of its own funds equal to five percent of the allocation it received from Treasury pursuant to the TARP. A third-party servicer administers the program for each manufacturer. The programs were launched on April 8, 2009. Receivables for goods shipped after March 19, 2009 are eligible for the program. These efforts, backed by TARP resources, will help stabilize the auto supply base and restore credit flows in a critical sector that employs more than 500,000 American workers across the country (though eligible suppliers may also include suppliers that are not domiciled in the United States). During this difficult period of restructuring in the auto industry, the Auto Supplier Support Program will provide supply companies access to liquidity and protect American jobs while giving GM and Chrysler reliable access to the parts they need. Capital Purchase Program The purpose of the Capital Purchase Program (CPP) is to stabilize the financial system by building the capital base of healthy, viable U.S. financial institutions, which in turn will increase the capacity of those institutions to lend to businesses and consumers and support the economy. Under this program, Treasury is purchasing senior preferred shares from qualifying U.S. controlled banks, savings associations, and certain bank and savings and loan holding companies. Since Treasury’s Fifth Tranche Report to Congress published on February 6, 2009, Treasury has closed $3.6 billion in transactions under the CPP, bringing the total amount of funds disbursed under the CPP to $198.9 billion. Treasury has completed CPP transactions with 553 United States financial institutions and Community Development Financial Institutions in 48 states, Puerto Rico, and the District of Columbia. The provisions in the American Recovery and Reinvestment Act of 2009 allow CPP participating banks to repay capital to Treasury without having to raise equivalent capital as stated in the CPP agreements, subject to consultation with their appropriate Federal banking agency. As of April 17, 2009, Treasury had received $467 million in principal and $3.1 million in accrued dividends associated with repayments. In addition, Treasury received $750,000 in proceeds from the sale of preferred shares associated with the exercise of warrants at closing. Treasury will continue to work with federal banking regulators to evaluate requests from CPP participants interested in repaying Treasury. 2 Complete details about the CPP are available at: http://www.financialstability.gov/impact/index.html. Consumer and Business Lending Initiative The Consumer Business and Lending Initiative (CBLI) is designed to jumpstart secondary markets to make credit available. On March 3, 2009, as part of the CBLI, Treasury, the Board of Governors of the Federal Reserve System (Federal Reserve), and the Federal Reserve Bank of New York (FRBNY) launched the Term Asset-Backed Securities Loan Facility (TALF), which was first announced in November 2008, and released further details, including program terms and conditions and Q&As for the first funding of TALF loans to eligible borrowers. The TALF is a FRBNY facility designed to increase credit availability and support economic activity by facilitating renewed issuance of consumer and small business asset-backed securities (ABS) at more normal interest rate spreads. Specifically, the FRBNY will lend on a non-recourse basis to holders of certain AAA-rated ABS secured by newly and recently originated consumer and small business loans. If the TALF borrower defaults on its loan with the FRBNY or voluntarily surrenders the collateral securing such loan, the FRBNY will sell that collateral to an asset disposition vehicle (TALF LLC) at a price equal to the TALF loan plus accrued but unpaid interest. Treasury, through the TARP, will purchase subordinated debt issued by TALF LLC to finance the first $20 billion of these asset purchases. Additional purchases of these assets in excess of Treasury’s $20 billion subordinated debt will be financed by the FRBNY. The TALF loans made by the FRBNY have a term of three years and are secured solely by eligible collateral. Haircuts – the percentage of the collateral value that must be advanced by the borrower – have been determined based on the riskiness of each type of eligible collateral and the maturity of the eligible collateral pledged to the FRBNY. The haircuts provide additional protection to taxpayers by protecting the Federal Government from loss. An additional credit protection measure includes excess loan spread from the TALF loans that is passed through to TALF LLC. Complete details about the CBLI are available at: http://www.financialstability.gov/roadtostability/lendinginitiative.html. Home Affordable Modification Program On March 4, 2009, Treasury issued preliminary guidelines on a new program, the Home Affordable Modification Program (HAMP). Final program guidelines and Servicer Participation Agreements were released on April 13, 2009. This program, along with the Home Affordable Refinance Program, was announced as part of the Administration’s Homeowner Affordability and Stability Plan in February 2009. HAMP is a $50 billion homeowner stability initiative designed to offer assistance to as many as three to four million homeowners making a good-faith effort to pay their mortgages, helping to prevent the destructive impact of foreclosures on families and communities. The program will help borrowers avoid foreclosure by encouraging 3 mortgage loan servicers to modify at-risk mortgage loans to achieve a payment the borrower can afford. Borrowers must meet several eligibility criteria to participate in the program and must successfully complete a three-month trial modification period successfully prior to the modification becoming permanent. These requirements are designed to protect the taxpayers and ensure sound loan modifications. To encourage foreclosure mitigation efforts, fees and incentive payments are provided to the servicers, lender/investors, and borrowers. Servicers will receive an up-front payment of $1,000 when a modification becomes permanent and “pay for success” payments of $1,000 per year for eligible loan modifications for up to three years. The program also will provide one-time bonus incentive payments of $1,500 to lenders/investors and $500 to servicers for modifications made while a borrower is still current on mortgage payments. Additionally, all borrowers are eligible for up to $1,000 of principal reduction payments each year for five years as long as they remain current on their monthly modified mortgage payments. Fannie Mae and Freddie Mac are responsible for administering the program and monitoring servicer compliance with the program guidelines, subject to oversight by Treasury. Servicer funding for the HAMP began on April 13, 2009 and, already, over $13 billion (of a total potential allocation of $50 billion) have been allocated to implement the program. Complete details for HAMP are available at http://www.makinghomeaffordable.gov and http://www.financialstability.gov/roadtostability/homeowner.html. Systemically Significant Failing Institutions Program The Systemically Significant Failing Institution (SSFI) Program is intended to provide stability and prevent disruptions to financial markets from the failure of a systemically significant institution. Treasury provided its second round of assistance to American International Group (AIG) under the SSFI Program in the form of a conversion of Treasury’s existing $40 billion investment from cumulative to non-cumulative preferred stock and a new commitment to invest up to $29.835 billion on April 17, 2009. The latest round of assistance involved a restructuring and expansion of Treasury’s assistance to AIG through the TARP with the goal of enhancing the company’s capital and liquidity in order to stabilize the company and facilitate the orderly completion of its global divestiture program. Specific components of the restructuring include: • Treasury exchanged its existing $40 billion cumulative perpetual preferred shares for new non-cumulative preferred shares with revised terms that more closely resemble common equity, improving the quality of AIG’s equity and its financial leverage. The new terms provide for non-cumulative dividends and limit AIG’s ability to redeem the preferred stock, except with the proceeds from the issuance of equity capital. • Treasury’s purchase of additional preferred stock of AIG created a new equity capital facility, which will allow AIG to draw up to $29.835 billion (Treasury’s commitment to 4 invest up to $30 billion less a reduction of $165 million for retention payments AIG Financial Products made to its employees in March 2009) as needed over time. This facility will further strengthen AIG’s capital levels and improve its leverage. • The Federal Reserve took several actions relating to the Revolving Credit Facility for AIG, established in September 2008, to further the goals described above. • As required by the credit agreement governing the Revolving Credit Facility, on March 4, 2009, AIG issued shares of convertible preferred stock representing an approximate 77.9 percent equity interest in AIG to an independent trust for the sole benefit of Treasury. Complete information on the AIG restructuring plan is available at: http://www.financialstability.gov/latest/tg44.html. III. ASSESSMENT OF CURRENT MEASURES AND THE CHALLENGES AHEAD Impact of the Transactions Treasury continues to develop, launch, and implement programs under the TARP, which are designed to restore stability and liquidity to the U.S. financial system while safeguarding taxpayer interests. In this period of unprecedented market instability, Treasury remains focused on providing support to financial institutions, increasing credit availability, and preventing the disorderly collapse of systemically significant institutions. Treasury expects the Auto Supplier Support Program to maintain supplies of parts to GM and Chrysler on normal commercial terms while they attempt to restructure their businesses, and to help unlock credit in the supplier industry, stabilize the auto supply base, and protect jobs in the auto industry. Since the inception of the CPP in October 2008, Treasury has strengthened small and large regional and national financial institutions, as well as Community Development Financial Institutions, through total CPP investments of $198.9 billion in 553 institutions in 48 states, Puerto Rico, and the District of Columbia. As of April 17, 2009, Treasury had received $467 million in principal and $3.1 million in accrued dividends associated with repayments. In addition, Treasury received $750,000 in proceeds from the sale of preferred stock associated with the exercise of warrants at closing. On April 15, 2009, Treasury released the Monthly Intermediation Snapshot for February, providing detailed information regarding the lending activities of the top 21 recipients of government investment through the CPP. Snapshot results showed that the nation’s largest banks continued to originate, refinance, and renew loans in the period from January to February, despite a difficult economic environment. Specifically, the survey found that residential mortgage origination volume increased from January as a result of lower interest rates. In contrast, commercial and industrial lending continued to weaken from the prior month due in large part to lower demand from businesses, which were focused on preserving liquidity and strengthening their balance sheets. Uncertain economic conditions have resulted in borrowers 5 reducing expenses, paying down debt and delaying expenditures. These surveys continue to help Treasury monitor the effects its strategy is having on lending and other bank activities. In addition to supporting financial institutions, Treasury, in coordination with the Federal Reserve, has taken steps to increase credit availability to consumers and businesses. On March 3, 2009, Treasury committed to provide up to $20 billion in funding to the Term Asset-Backed Securities Loan Facility (TALF), a component of the Consumer and Business Lending Initiative (CBLI), which is designed to jumpstart credit markets. Total subscriptions received for the first funding of TALF loans from eligible borrowers at the March 17-19 operation was $4.7 billion. Funding for those loans, which provided increased liquidity for consumer credit by stimulating issuance of new consumer ABS, took place on March 25, 2009. To promote accountability and oversight for the current facility, the FRBNY has established a compliance framework that includes an assurance program related to borrower eligibility requirements and on-site inspection rights over borrowers. In addition, the participating sponsor must certify that the collateral supporting the ABS is eligible under TALF and that an independent accounting firm registered with the Public Company Accounting Oversight Board has attested to the sponsor’s assessment of the eligible collateral. On March 24, 2009, the FRBNY published the dates for the second funding of TALF loans, which took take place on April 7. The FRBNY also announced that the TALF will expand in the future to include four additional categories of ABS: (1) ABS backed by mortgage servicing advances; (2) ABS backed by loans or leases relating to business equipment; (3) ABS backed by leases of vehicle fleets; and (4) ABS backed by floorplan loans. The Home Affordable Modification Program, as part of the Administration’s Homeowner Affordability and Stability Plan, will assist as many as three to four million homeowners making a good-faith effort to stay current on their mortgage payments and will also work to prevent the destructive impact of foreclosures on families and communities. Treasury's commitment to restructure its existing investment in American International Group (AIG) and to invest up to an additional $29.835 billion (Treasury’s commitment to invest up to $30 billion less a reduction of $165 million for retention payments AIG Financial Products made to its employees in March 2009) was necessary to provide stability and prevent disruption to the financial system. On April 17, 2009, Treasury closed these transactions, which will serve to strengthen AIG's capital levels, improve its leverage, and facilitate the orderly completion of its global divestiture program. Challenges That Lie Ahead During this period of unprecedented market challenges, Treasury is actively engaged in developing, launching, and implementing programs to stabilize the financial system and continues to take steps to better measure whether the programs are increasing the flow of credit to consumers and businesses. In February 2009, the Administration announced the Financial Stability Plan (FSP), a multi-pronged approach aimed at economic recovery, which includes the following strategies: (1) a broad program to stabilize the housing market by encouraging lower 6 mortgage rates and making it easier for millions to refinance and avoid foreclosure; (2) a new capital program under which Treasury stands ready to provide banks with a safeguard to establish a capital buffer they would need against a deeper recession; (3) an expansion of TALF targeted at the securitization markets critical for consumer and small business lending; (4) a program to set up funds to provide a market for the legacy loans and securities that currently burden the financial system; and (5) a small-business lending initiative aimed at providing increased funding for this important part of our economy. While there is no single action the Federal Government can take to end the financial market turmoil and the economic downturn, the authorities Congress provided last fall in EESA dramatically expanded the tools available to address the needs of the nation’s financial system. Treasury is committed to ensuring that a financial crisis of this magnitude does not happen again. In that regard, the crisis of the past 18 months has exposed critical gaps and weaknesses in the nation’s financial regulatory system. The lack of an appropriate and modern regulatory regime and resolution authority contributed to this crisis and it will continue to constrain the Federal Government’s capacity to address future crises until we implement fundamental reforms. While many challenges lie ahead, Treasury is confident that its continued efforts through existing and future programs to restore financial stability, as announced in the FSP, will lay a strong foundation for economic recovery and market stability. Treasury is working with the President’s Working Group to develop a comprehensive plan of reform. Additional Actions In its continued effort to ensure participation by a broad range of financial institutions in the CPP, Treasury recently issued four term sheets covering mutual holding companies and mutual banks. The first term sheet provided for issuance of preferred stock at publicly-traded subsidiary holding companies. The second term sheet provided for issuance of preferred stock at privately held subsidiary holding companies. The third term sheet provided for issuance of debt by toptier mutual holding companies that do not have subsidiary holding companies. The fourth term sheet provided for issuance of debt by mutual banks that do not have holding companies. The application deadline for the first three terms sheets to apply to the CPP is May 7, 2009 and the deadline for the fourth term sheet is May 14, 2009. The federal banking agencies are evaluating all submitted CPP applications and continue to send qualifying applications to Treasury for approval. On March 23, 2009, Treasury announced the Public-Private Investment Program (PPIP) under which Treasury will make targeted investments in multiple public-private investment funds in order to purchase legacy real estate-related assets. PPIP will use $75 to $100 billion in TARP capital and capital from private investors to generate up to $500 billion in purchasing power to buy these assets, with the potential to expand to $1 trillion over time. The PPIP is designed to draw new private capital into the market for legacy assets by providing government equity co-investment and attractive public financing. This program should allow the market to determine the price of an asset and should help, over time, to reduce the excessive liquidity discounts embedded in current legacy asset prices. Reducing these discounts should, in turn, free up capital and allow U.S. financial institutions to engage in new credit formation. 7 Furthermore, enhanced clarity about the value of legacy assets should increase investor confidence and enhance the ability of financial institutions to raise new capital from private investors. The primary areas of focus for the PPIP are the residential and commercial mortgage sectors, including both whole loans and securitizations backed by loan portfolios. These legacy assets are held by all types of financial institutions, including those that predominantly hold the assets in the form of loans, such as banks, and those that predominantly hold assets in the form of securities, such as insurers, pension funds, mutual funds, and individual retirement accounts. While PPIP may initially target real estate-related assets, it can evolve, based on market demand, to include other asset classes. The PPIP will operate through two key components: (1) a Legacy Loans Program, which will combine a Federal Deposit Insurance Corporation (FDIC) guarantee of debt financing with equity capital from the private sector and Treasury to support the purchase of legacy loans from insured depository institutions; and (2) a Legacy Securities Program, which will be a standalone Treasury program that will make equity and debt investments in pre-qualified Funds and may allow for additional financing from the Federal Reserve through the Legacy TALF (when it becomes operational). On March 31, 2009, as part of its assessment of the viability plans submitted by GM and Chrysler, the Administration announced the Warranty Commitment Program, which is part of the Automotive Industry Financing Program. The Warranty Commitment Program will provide government-funded protection for warranties issued by auto manufacturers that are in the process of restructuring. The program will cover warranties on new vehicles purchased from participating auto manufacturers during the period in which those manufacturers are restructuring. Both GM and Chrysler have already indicated their intention to participate in the program. 8 APPENDIX 9 U.S. Treasury Department Office of Financial Stability Troubled Asset Relief Program Transactions Report For Period Ending April 17, 2009 CAPITAL PURCHASE PROGRAM Purchase Details Seller Footnote Purchase Date 10/28/2008 10/28/2008 10/28/2008 10/28/2008 10/28/2008 10/28/2008 10/28/2008 10/28/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 Bank of America Corporation Bank of New York Mellon Corporation Citigroup Inc. The Goldman Sachs Group, Inc. JPMorgan Chase & Co. Morgan Stanley State Street Corporation Wells Fargo & Company Bank of Commerce Holdings 1st FS Corporation UCBH Holdings, Inc. Northern Trust Corporation SunTrust Banks, Inc. Broadway Financial Corporation Washington Federal Inc. BB&T Corp. Provident Bancshares Corp. Umpqua Holdings Corp. Comerica Inc. Regions Financial Corp. Capital One Financial Corporation First Horizon National Corporation Huntington Bancshares KeyCorp Valley National Bancorp Zions Bancorporation Marshall & Ilsley Corporation U.S. Bancorp TCF Financial Corporation First Niagara Financial Group HF Financial Corp. Centerstate Banks of Florida Inc. City National Corporation First Community Bankshares Inc. Western Alliance Bancorporation Webster Financial Corporation Pacific Capital Bancorp Heritage Commerce Corp. Ameris Bancorp Porter Bancorp Inc. Banner Corporation Cascade Financial Corporation Columbia Banking System, Inc. Heritage Financial Corporation First PacTrust Bancorp, Inc. Severn Bancorp, Inc. Boston Private Financial Holdings, Inc. Associated Banc-Corp Trustmark Corporation First Community Corporation Taylor Capital Group Nara Bancorp, Inc. Midwest Banc Holdings Holdings, Inc Inc. MB Financial Inc. First Midwest Bancorp, Inc. United Community Banks, Inc. Wesbanco Bank Inc. Encore Bancshares Inc. Manhattan Bancorp Charlotte New York New York New York New York New York Boston San Francisco Redding Hendersonville San Francisco Chicago Atlanta Los Angeles Seattle Winston-Salem Baltimore Portland Dallas Birmingham McLean Memphis Columbus Cleveland Wayne Salt Lake City Milwaukee Minneapolis Wayzata Lockport Sioux Falls Davenport Beverly Hills Bluefield Las Vegas Waterbury Santa Barbara San Jose Moultrie Louisville Walla Walla Everett Tacoma Olympia Chula Vista Annapolis Boston Green Bay Jackson Lexington Rosemont Los Angeles Melrose Park Chicago Itasca Blairsville Wheeling Houston El Segundo NC NY NY NY NY NY MA CA CA NC CA IL GA CA WA NC MD OR TX AL VA TN OH OH NJ UT WI MN MN NY SD FL CA VA NV CT CA CA GA KY WA WA WA WA CA MD MA WI MS SC IL CA IL IL IL GA WV TX CA Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 15,000,000,000 3,000,000,000 25,000,000,000 10,000,000,000 25,000,000,000 10,000,000,000 2,000,000,000 25,000,000,000 17,000,000 16,369,000 298,737,000 1,576,000,000 3,500,000,000 9,000,000 200,000,000 3,133,640,000 151,500,000 214,181,000 2,250,000,000 3,500,000,000 3,555,199,000 866,540,000 1,398,071,000 2,500,000,000 300,000,000 1,400,000,000 1,715,000,000 6,599,000,000 361,172,000 184,011,000 25,000,000 27,875,000 400,000,000 41,500,000 140,000,000 400,000,000 180,634,000 40,000,000 52,000,000 35,000,000 124,000,000 38,970,000 76,898,000 24,000,000 19,300,000 23,393,000 154,000,000 525,000,000 215,000,000 11,350,000 104,823,000 67,000,000 84,784,000 84 784 000 196,000,000 193,000,000 180,000,000 75,000,000 34,000,000 1,700,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 Iberiabank Corporation Eagle Bancorp, Inc. Sandy Spring Bancorp, Inc. Coastal Banking Company, Inc. East West Bancorp South Financial Group, Inc. Great Southern Bancorp Cathay General Bancorp Southern Community Financial Corp. CVB Financial Corp First Defiance Financial Corp. First Financial Holdings Inc. Superior Bancorp Inc. Southwest Bancorp, Inc. Lafayette Bethesda Olney Fernandina Beach Pasadena Greenville Springfield Los Angeles Winston-Salem Ontario Defiance Charleston Birmingham Stillwater LA MD MD FL CA SC MO CA NC CA OH SC AL OK Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ 90,000,000 38,235,000 83,094,000 9,950,000 306,546,000 347,000,000 58,000,000 258,000,000 42,750,000 130,000,000 37,000,000 65,000,000 69,000,000 70,000,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Name of Institution City State Investment Description Treasury Investment Remaining After Capital Repayment Capital Repayment Details Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount 3/31/2009 5 $ 6 90,000,000 Remaining Capital Amount $ 0 Remaining Investment Description Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Warrants Page 1 of 10 Seller Footnote 2 2 2 3 2 2 2 Purchase Details Purchase Date 12/5/2008 12/5/2008 12/5/2008 Popular, Inc. Blue Valley Ban Corp Central Federal Corporation San Juan Overland Park Fairlawn PR KS OH Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ 935,000,000 21,750,000 7,225,000 Par Par Par 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 Bank of Marin Bancorp Bank of North Carolina Central Bancorp, Inc. Southern Missouri Bancorp, Inc. State Bancorp, Inc. TIB Financial Corp Unity Bancorp, Inc. Old Line Bancshares, Inc. FPB Bancorp, Inc. Sterling Financial Corporation Oak Valley Bancorp Novato Thomasville Somerville Poplar Bluff Jericho Naples Clinton Bowie Port St. Lucie Spokane Oakdale CA NC MA MO NY FL NJ MD FL WA CA Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ 28,000,000 31,260,000 10,000,000 9,550,000 36,842,000 37,000,000 20,649,000 7,000,000 5,800,000 303,000,000 13,500,000 Par Par Par Par Par Par Par Par Par Par Par 3/31/2009 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 Old National Bancorp Capital Bank Corporation Pacific International Bancorp SVB Financial Group LNB Bancorp Inc. Wilmington Trust Corporation Susquehanna Bancshares, Inc Evansville Raleigh Seattle Santa Clara Lorain Wilmington Lititz IN NC WA CA OH DE PA Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ 100,000,000 41,279,000 6,500,000 235,000,000 25,223,000 330,000,000 300,000,000 Par Par Par Par Par Par Par 3/31/2009 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 Signature Bank HopFed Bancorp Citizens Republic Bancorp, Inc. Indiana Community Bancorp Bank of the Ozarks, Inc. Center Financial Corporation NewBridge Bancorp Sterling Bancshares, Inc. The Bancorp, Inc. TowneBank Wilshire Bancorp, Inc. Valley Financial Corporation Independent Bank Corporation Pinnacle Financial Partners, Inc. First Litchfield Financial Corporation National Penn Bancshares, Inc. Northeast Bancorp Citizens South Banking Corporation Virginia Commerce Bancorp Fidelity Bancorp, Inc. LSB Corporation Intermountain Community Bancorp Community West Bancshares Synovus Financial Corp. Tennessee Commerce Bancorp, Inc. Community Bankers Trust Corporation BancTrust Financial Group, Inc. Enterprise Financial Services Corp. Mid Penn Bancorp, Inc. Summit State Bank VIST Financial Corp. Wainwright Bank & Trust Company Whitney Holding Corporation The Connecticut Bank and Trust Company CoBiz Financial Inc. Santa Lucia Bancorp Seacoast Banking Corporation of Florida Horizon Bancorp Fidelity Southern Corporation Community Financial Corporation Berkshire Hills Bancorp, Inc. First California Financial Group, Inc AmeriServ Financial, Financial Inc Security Federal Corporation Wintrust Financial Corporation Flushing Financial Corporation Monarch Financial Holdings, Inc. StellarOne Corporation Union Bankshares Corporation Tidelands Bancshares, Inc Bancorp Rhode Island, Inc. Hawthorn Bancshares, Inc. The Elmira Savings Bank, FSB Alliance Financial Corporation Heartland Financial USA, Inc. Citizens First Corporation FFW Corporation Plains Capital Corporation Tri-County Financial Corporation OneUnited Bank Patriot Bancshares, Inc. Pacific City Financial Corporation Marquette National Corporation New York Hopkinsville Flint Columbus Little Rock Los Angeles Greensboro Houston Wilmington Portsmouth Los Angeles Roanoke Ionia Nashville Litchfield Boyertown Lewiston Gastonia Arlington Pittsburgh North Andover Sandpoint Goleta Columbus Franklin Glen Allen Mobile St. Louis Millersburg Santa Rosa Wyomissing Boston New Orleans Hartford Denver Atascadero Stuart Michigan City Atlanta Staunton Pittsfield Westlake Village Johnstown Aiken Lake Forest Lake Success Chesapeake Charlottesville Bowling Green Mt. Pleasant Providence Lee's Summit Elmira Syracuse Dubuque Bowling Green Wabash Dallas Waldorf Boston Houston Los Angeles Chicago NY KY MI IN AR CA NC TX DE VA CA VA MI TN CT PA ME NC VA PA MA ID CA GA TN VA AL MO PA CA PA MA LA CT CO CA FL IN GA VA MA CA PA SC IL NY VA VA VA SC RI MO NY NY IA KY IN TX MD MA TX CA IL Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 120,000,000 18,400,000 300,000,000 21,500,000 75,000,000 55,000,000 52,372,000 125,198,000 45,220,000 76,458,000 62,158,000 16,019,000 72,000,000 95,000,000 10,000,000 150,000,000 4,227,000 20,500,000 71,000,000 7,000,000 15,000,000 27,000,000 15,600,000 967,870,000 30,000,000 17,680,000 50,000,000 35,000,000 10,000,000 8,500,000 25,000,000 22,000,000 300,000,000 5,448,000 64,450,000 4,000,000 50,000,000 25,000,000 48,200,000 12,643,000 40,000,000 25,000,000 21,000,000 21 000 000 18,000,000 250,000,000 70,000,000 14,700,000 30,000,000 59,000,000 14,448,000 30,000,000 30,255,000 9,090,000 26,918,000 81,698,000 8,779,000 7,289,000 87,631,000 15,540,000 12,063,000 26,038,000 16,200,000 35,500,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 3/31/2009 Name of Institution City State Investment Description Treasury Investment Remaining After Capital Repayment Capital Repayment Details Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount 4 4 4 6 Remaining Capital Amount Remaining Investment Description $ 28,000,000 $ 0 Warrants $ 100,000,000 $ 0 Warrants $ 120,000,000 $ 0 Warrants Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Page 2 of 10 Seller Footnote 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1 2 Purchase Date 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/31/2008 12/31/2008 12/31/2008 12/31/2008 12/31/2008 12/31/2008 12/31/2008 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 Purchase Details Name of Institution City State Investment Description Treasury Investment Remaining After Capital Repayment Capital Repayment Details Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount Exchange Bank Monadnock Bancorp, Inc. Bridgeview Bancorp, Inc. Fidelity Financial Corporation Patapsco Bancorp, Inc. NCAL Bancorp FCB Bancorp, Inc. First Financial Bancorp Bridge Capital Holdings International Bancshares Corporation First Sound Bank M&T Bank Corporation Emclaire Financial Corp. Park National Corporation Green Bankshares, Inc. Cecil Bancorp, Inc. Financial Institutions, Inc. Fulton Financial Corporation United Bancorporation of Alabama, Inc. MutualFirst Financial, Inc. BCSB Bancorp, Inc. HMN Financial, Inc. First Community Bank Corporation of America Sterling Bancorp Intervest Bancshares Corporation Peoples Bancorp of North Carolina, Inc. Parkvale Financial Corporation Ti b l d B Timberland Bancorp, IInc. 1st Constitution Bancorp Central Jersey Bancorp Western Illinois Bancshares Inc. Saigon National Bank Capital Pacific Bancorp Uwharrie Capital Corp Mission Valley Bancorp The Little Bank, Incorporated Pacific Commerce Bank Citizens Community Bank Seacoast Commerce Bank TCNB Financial Corp. Leader Bancorp, Inc. Nicolet Bankshares, Inc. Magna Bank Western Community Bancshares, Inc. Community Investors Bancorp, Inc. Capital Bancorp, Inc. Cache Valley Banking Company Citizens Bancorp Tennessee Valley Financial Holdings, Inc. Pacific Coast Bankers' Bancshares SunTrust Banks, Inc. The PNC Financial Services Group Inc. Fifth Third Bancorp Hampton Roads Bankshares, Inc. CIT Group Inc. West Bancorporation, Inc. First Banks, Inc. Bank of America Corporation FirstMerit Corporation Farmers Capital Bank Corporation Peapack-Gladstone Financial Corporation Commerce National Bank The First Bancorp, Inc. Santa Rosa Peterborough Bridgeview Wichita Dundalk Los Angeles Louisville Cincinnati San Jose Laredo Seattle Buffalo Emlenton Newark Greeneville Elkton Warsaw Lancaster Atmore Muncie Baltimore Rochester Pinellas Park New York New York Newton Monroeville H i Hoquiam Cranbury Oakhurst Monmouth Westminster Portland Albemarle Sun Valley Kinston Los Angeles South Hill Chula Vista Dayton Arlington Green Bay Memphis Palm Desert Bucyrus Rockville Logan Nevada City Oak Ridge San Francisco Atlanta Pittsburgh Cincinnati Norfolk New York West Des Moines Clayton Charlotte Akron Frankfort Gladstone Newport Beach Damariscotta CA NH IL KS MD CA KY OH CA TX WA NY PA OH TN MD NY PA AL IN MD MN FL NY NY NC PA WA NJ NJ IL CA OR NC CA NC CA VA CA OH MA WI TN CA OH MD UT CA TN CA GA PA OH VA NY IA MO NC OH KY NJ CA ME Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants P f d Stock St k w// Warrants W t Preferred Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 43,000,000 1,834,000 38,000,000 36,282,000 6,000,000 10,000,000 9,294,000 80,000,000 23,864,000 216,000,000 7,400,000 600,000,000 7,500,000 100,000,000 72,278,000 11,560,000 37,515,000 376,500,000 10,300,000 32,382,000 10,800,000 26,000,000 10,685,000 42,000,000 25,000,000 25,054,000 31,762,000 16 641 000 16,641,000 12,000,000 11,300,000 6,855,000 1,549,000 4,000,000 10,000,000 5,500,000 7,500,000 4,060,000 3,000,000 1,800,000 2,000,000 5,830,000 14,964,000 13,795,000 7,290,000 2,600,000 4,700,000 4,767,000 10,400,000 3,000,000 11,600,000 1,350,000,000 7,579,200,000 3,408,000,000 80,347,000 2,330,000,000 36,000,000 295,400,000 10,000,000,000 125,000,000 30,000,000 28,685,000 5,000,000 25,000,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 Sun Bancorp, Inc. Crescent Corporation C t Financial Fi i lC ti American Express Company Central Pacific Financial Corp. Centrue Financial Corporation Eastern Virginia Bankshares, Inc. Colony Bankcorp, Inc. Independent Bank Corp. Cadence Financial Corporation LCNB Corp. Center Bancorp, Inc. F.N.B. Corporation C&F Financial Corporation North Central Bancshares, Inc. Carolina Bank Holdings, Inc. First Bancorp First Financial Service Corporation Codorus Valley Bancorp, Inc. MidSouth Bancorp, Inc. First Security Group, Inc. Vineland Cary Car New York Honolulu St. Louis Tappahannock Fitzgerald Rockland Starkville Lebanon Union Hermitage West Point Fort Dodge Greensboro Troy Elizabethtown York Lafayette Chattanooga NJ NC NY HI MO VA GA MA MS OH NJ PA VA IA NC NC KY PA LA TN Preferred Stock w/ Warrants Preferred P f d Stock St k w// Warrants W t Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 89,310,000 24,900,000 24 900 000 3,388,890,000 135,000,000 32,668,000 24,000,000 28,000,000 78,158,000 44,000,000 13,400,000 10,000,000 100,000,000 20,000,000 10,200,000 16,000,000 65,000,000 20,000,000 16,500,000 20,000,000 33,000,000 Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 4/8/2009 1/9/2009 1/9/2009 Shore Bancshares, Inc. The Queensborough Company Easton Louisville MD GA Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants $ $ 25,000,000 12,000,000 Par Par 4/15/2009 4 4 6 Remaining Capital Amount Remaining Investment Description $ 89,310,000 $0 Warrants $ 25,000,000 $0 Warrants Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Page 3 of 10 Seller Footnote 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 Purchase Details Purchase Date 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 American State Bancshares, Inc. Security California Bancorp Security Business Bancorp Sound Banking Company Mission Community Bancorp Redwood Financial Inc. Surrey Bancorp Independence Bank Valley Community Bank Rising Sun Bancorp Community Trust Financial Corporation GrandSouth Bancorporation Texas National Bancorporation Congaree Bancshares, Inc. New York Private Bank & Trust Corporation Home Bancshares, Inc. Washington Banking Company/ Whidbey Island Bank New Hampshire Thrift Bancshares, Inc. Bar Harbor Bankshares/Bar Harbor Bank & Trust Somerset Hills Bancorp SCBT Financial Corporation S&T Bancorp ECB Bancorp, Inc./East Carolina Bank First BanCorp Texas Capital Bancshares, Inc. Yadkin Valley Financial Corporation Carver Bancorp, Inc Citi &N th C ti Citizens Northern Corporation MainSource Financial Group, Inc. MetroCorp Bancshares, Inc. United Bancorp, Inc. Old Second Bancorp, Inc. Pulaski Financial Corp OceanFirst Financial Corp. Community 1st Bank TCB Holding Company, Texas Community Bank Great Bend Riverside San Diego Morehead City San Luis Obispo Redwood Falls Mount Airy East Greenwich Pleasanton Rising Sun Ruston Greenville Jacksonville Cayce New York Conway Oak Harbor Newport Bar Harbor Bernardsville Columbia Indiana Engelhard San Juan Dallas Elkin New York W ll b Wellsboro Greensburg Houston Tecumseh Aurora Creve Coeur Toms River Roseville The Woodlands KS CA CA NC CA MN NC RI CA MD LA SC TX SC NY AR WA NH ME NJ SC PA NC PR TX NC NY PA IN TX MI IL MO NJ CA TX Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock P f d Stock St k w// Warrants W t Preferred Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 6,000,000 6,815,000 5,803,000 3,070,000 5,116,000 2,995,000 2,000,000 1,065,000 5,500,000 5,983,000 24,000,000 9,000,000 3,981,000 3,285,000 267,274,000 50,000,000 26,380,000 10,000,000 18,751,000 7,414,000 64,779,000 108,676,000 17,949,000 400,000,000 75,000,000 36,000,000 18,980,000 26 440 000 26,440,000 57,000,000 45,000,000 20,600,000 73,000,000 32,538,000 38,263,000 2,550,000 11,730,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/16/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 Centra Financial Holdings, Inc./Centra Bank, Inc. First Bankers Trustshares, Inc. Pacific Coast National Bancorp Community Bank of the Bay Redwood Capital Bancorp Syringa Bancorp Idaho Bancorp Puget Sound Bank United Financial Banking Companies, Inc. Dickinson Financial Corporation II The Baraboo Bancorporation Bank of Commerce State Bankshares, Inc. BNCCORP, Inc. First Manitowoc Bancorp, Inc. Southern Bancorp, Inc. Morrill Bancshares, Inc. Treaty Oak Bancorp, Inc. 1st Source Corporation Princeton National Bancorp, Inc. AB&T Financial Corporation First Citizens Banc Corp WSFS Financial Corporation Commonwealth Business Bank Seaside National Bank & Trust CalWest Bancorp Fresno First Bank First ULB Corp. Alarion Financial Services, Al i Fi i lS i IInc. Midland States Bancorp, Inc. Moscow Bancshares, Inc. Farmers Bank California Oaks State Bank Pierce County Bancorp Calvert Financial Corporation Liberty Bancshares, Inc. Crosstown Holding Company BankFirst Capital Corporation Southern Illinois Bancorp, Inc. FPB Financial Corp. Stonebridge Financial Corp. Peoples Bancorp Inc. Anchor BanCorp Wisconsin Inc. Parke Bancorp, Inc. Central Virginia Bankshares, Inc. Flagstar Bancorp, Inc. Middleburg Financial Corporation Peninsula Bank Holding Co. PrivateBancorp, Inc. Morgantown Quincy San Clemente Oakland Eureka Boise Boise Bellevue Vienna Kansas City Baraboo Charlotte Fargo Bismarck Manitowoc Arkadelphia Merriam Austin South Bend Princeton Gastonia Sandusky Wilmington Los Angeles Orlando Rancho Santa Margarita Fresno Oakland Ocala Effingham Moscow Windsor Thousand Oaks Tacoma Ashland Jonesboro Blaine Macon Carmi Hammond West Chester Marietta Madison Sewell Powhatan Troy Middleburg Palo Alto Chicago WV IL CA CA CA ID ID WA VA MO WI NC ND ND WI AR KS TX IN IL NC OH DE CA FL CA CA CA FL IL TN VA CA WA MO AR MN MS IL LA PA OH WI NJ VA MI VA CA IL Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred P f d Stock St k w// Exercised E i d Warrants W t Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 15,000,000 10,000,000 4,120,000 1,747,000 3,800,000 8,000,000 6,900,000 4,500,000 5,658,000 146,053,000 20,749,000 3,000,000 50,000,000 20,093,000 12,000,000 11,000,000 13,000,000 3,268,000 111,000,000 25,083,000 3,500,000 23,184,000 52,625,000 7,701,000 5,677,000 4,656,000 1,968,000 4,900,000 6,514,000 6 514 000 10,189,000 6,216,000 8,752,000 3,300,000 6,800,000 1,037,000 57,500,000 10,650,000 15,500,000 5,000,000 3,240,000 10,973,000 39,000,000 110,000,000 16,288,000 11,385,000 266,657,000 22,000,000 6,000,000 243,815,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Name of Institution City State Investment Description Treasury Investment Remaining After Capital Repayment Capital Repayment Details Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount 3/31/2009 4 $ 6 15,000,000 Remaining Capital Amount $ 0 Final Disposition Remaining Investment Description Final Disposition Date Disposition Investment Description Preferred Stock 2 4/15/2009 Preferred Stock 2, 7 Final Disposition Proceeds $ 750,000 Page 4 of 10 Seller Footnote 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 Purchase Date 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 Name of Institution Central Valley Community Bancorp Plumas Bancorp Stewardship Financial Corporation Oak Ridge Financial Services, Inc. First United Corporation Community Partners Bancorp Guaranty Federal Bancshares, Inc. Annapolis Bancorp, Inc. DNB Financial Corporation Firstbank Corporation Valley Commerce Bancorp Greer Bancshares Incorporated Ojai Community Bank Adbanc, Inc Beach Business Bank Legacy Bancorp, Inc. First Southern Bancorp, Inc. Country Bank Shares, Inc. Katahdin Bankshares Corp. Rogers Bancshares, Inc. UBT Bancshares, Inc. Bankers' Bank of the West Bancorp, Inc. W.T.B. Financial Corporation AMB Financial Corp. Goldwater Bank, N.A. Equity Bancshares, Inc. WashingtonFirst Bank C t lB h IInc. Central Bancshares, Hilltop Community Bancorp, Inc. Northway Financial, Inc. Monument Bank Metro City Bank F & M Bancshares, Inc. First Resource Bank MidWestOne Financial Group, Inc. Lakeland Bancorp, Inc. Monarch Community Bancorp, Inc. The First Bancshares, Inc. Carolina Trust Bank Alaska Pacific Bancshares, Inc. PGB Holdings, Inc. The Freeport State Bank Stockmens Financial Corporation US Metro Bank First Express of Nebraska, Inc. Mercantile Capital Corp. Citizens Commerce Bancshares, Inc. Liberty Financial Services, Inc. Lone Star Bank First Market Bank, FSB Banner County Ban Corporation Centrix Bank & Trust Todd Bancshares, Inc. Georgia Commerce Bancshares, Inc. First Bank of Charleston, Inc. F & M Financial Corporation The Bank of Currituck CedarStone Bank Community Holding Company of Florida, Inc. Hyperion Bank Pascack Community Bank First Western Financial, Inc. QCR Holdings, Inc. Westamerica Bancorporation The Bank of Kentucky Financial Corporation PremierWest Bancorp Carrollton Bancorp FNB United Corp. First Menasha Bancshares, Inc. 1st Enterprise Bank DeSoto County Bank Security Bancshares of Pulaski County, Inc. State Capital Corporation BankGreenville Corning Savings and Loan Association Financial Security Corporation ColoEast Bankshares, Inc. Santa Clara Valley Bank, N.A. Reliance Bancshares, Inc. Regional Bankshares, Inc. Peoples Bancorp First Choice Bank Gregg Bancshares, Inc. Hometown Bancshares, Inc. Midwest Regional Bancorp, Inc. Purchase Details City Fresno Quincy Midland Park Oak Ridge Oakland Middletown Springfield Annapolis Downingtown Alma Visalia Greer Ojai Ogallala Manhattan Beach Milwaukee Boca Raton Milford Houlton Little Rock Marysville Denver Spokane Munster Scottsdale Wichita Reston H t Houston Summit Berlin Bethesda Doraville Trezevant Exton Iowa City Oak Ridge Coldwater Hattiesburg Lincolnton Juneau Chicago Harper Rapid City Garden Grove Gering Boston Versailles New Orleans Houston Richmond Harrisburg Bedford Hopkinsville Atlanta Charleston Salisbury Moyock Lebanon Miramar Beach Philadelphia Westwood Denver Moline San Rafael Crestview Hills Medford Baltimore Asheboro Neenah Los Angeles Horn Lake Waynesville Greenwood Greenville Corning Basin Lamar Santa Paula Frontenac Hartsville Lynden Cerritos Ozark Corbin Festus State CA CA NJ NC MD NJ MO MD PA MI CA SC CA NE CA WI FL NE ME AR KS CO WA IN AZ KS VA TX NJ NH MD GA TN PA IA NJ MI MS NC AK IL KS SD CA NE MA KY LA TX VA NE NH KY GA WV NC NC TN FL PA NJ CO IL CA KY OR MD NC WI CA MS MO MS SC AR WY CO CA MO SC WA CA MO KY MO Investment Description Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants P f d Stock St k w// Exercised E i d Warrants W t Preferred Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Investment Amount $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Treasury Investment Remaining After Capital Repayment Capital Repayment Details 7,000,000 11,949,000 10,000,000 7,700,000 30,000,000 9,000,000 17,000,000 8,152,000 11,750,000 33,000,000 7,700,000 9,993,000 2,080,000 12,720,000 6,000,000 5,498,000 10,900,000 7,525,000 10,449,000 25,000,000 8,950,000 12,639,000 110,000,000 3,674,000 2,568,000 8,750,000 6,633,000 5 800 000 5,800,000 4,000,000 10,000,000 4,734,000 7,700,000 4,609,000 2,600,000 16,000,000 59,000,000 6,785,000 5,000,000 4,000,000 4,781,000 3,000,000 301,000 15,568,000 2,861,000 5,000,000 3,500,000 6,300,000 5,645,000 3,072,000 33,900,000 795,000 7,500,000 4,000,000 8,700,000 3,345,000 17,000,000 4,021,000 3,564,000 1,050,000 1,552,000 3,756,000 8,559,000 38,237,000 83,726,000 34,000,000 41,400,000 9,201,000 51,500,000 4,797,000 4,400,000 1,173,000 2,152,000 15,000,000 1,000,000 638,000 5,000,000 10,000,000 2,900,000 40,000,000 1,500,000 18,000,000 2,200,000 825,000 1,900,000 700,000 Pricing Mechanism Capital Repayment Date Capital Repayment Amount 6 Remaining Capital Amount Remaining Investment Description Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Page 5 of 10 Seller Footnote 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 Purchase Date 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 Name of Institution Bern Bancshares, Inc. Northwest Bancorporation, Inc. Liberty Bancshares, Inc. F&M Financial Corporation Meridian Bank Northwest Commercial Bank Royal Bancshares of Pennsylvania, Inc. First Merchants Corporation Northern States Financial Corporation Sonoma Valley Bancorp Guaranty Bancorp, Inc. The Private Bank of California Lafayette Bancorp, Inc. Liberty Shares, Inc. White River Bancshares Company United American Bank Crazy Woman Creek Bancorp, Inc. First Priority Financial Corp. Mid-Wisconsin Financial Services, Inc. Market Bancorporation, Inc. Hometown Bancorp of Alabama, Inc. Security State Bancshares, Inc. CBB Bancorp BancPlus Corporation Central Community Corporation First BancTrust Corporation Premier Service Bank Fl id B i B G IInc. Florida Business BancGroup, Hamilton State Bancshares Lakeland Financial Corporation First M&F Corporation Southern First Bancshares, Inc. Integra Bank Corporation Community First Inc. BNC Financial Group, Inc. California Bank of Commerce Columbine Capital Corp. National Bancshares, Inc. First State Bank of Mobeetie Ridgestone Financial Services, Inc. Community Business Bank D.L. Evans Bancorp TriState Capital Holdings, Inc. Green City Bancshares, Inc. First Gothenburg Bancshares, Inc. Green Circle Investments, Inc. Private Bancorporation, Inc. Regent Capital Corporation Central Bancorp, Inc. Medallion Bank PSB Financial Corporation Avenue Financial Holdings, Inc. Howard Bancorp, Inc. FNB Bancorp The Victory Bank Catskill Hudson Bancorp, Inc Midtown Bank & Trust Company HCSB Financial Corporation First Busey Corporation First Federal Bancshares of Arkansas, Inc. Citizens Bancshares Corporation ICB Financial First Texas BHC, Inc. Farmers & Merchants Bancshares, Inc. Blue Ridge Bancshares, Inc. First Reliance Bancshares, Inc. Merchants and Planters Bancshares, Inc. First Southwest Bancorporation, Inc. Germantown Capital Corporation, Inc. BOH Holdings, Inc. AmeriBank Holding Company Highlands Independent Bancshares, Inc. Pinnacle Bank Holding Company, Inc. Blue River Bancshares, Inc. Marine Bank & Trust Company Community Bancshares of Kansas, Inc. Regent Bancorp, Inc. Park Bancorporation, Inc. PeoplesSouth Bancshares, Inc. First Place Financial Corp. Salisbury Bancorp, Inc. First Northern Community Bancorp Discover Financial Services Provident Community Bancshares, Inc. First American International Corp. Purchase Details City Bern Spokane Springfield Clarksville Devon Lakewood Narberth Muncie Waukegan Sonoma Woodsville Los Angeles Oxford Hinesville Fayetteville San Mateo Buffalo Malvern Medford New Market Oneonta Charleston Cartersville Ridgeland Temple Paris Riverside T Tampa Hoschton Warsaw Kosciusko Greenville Evansville Columbia New Canaan Lafayette Buena Vista Bettendorf Mobeetie Brookfield West Sacramento Burley Pittsburgh Green City Gothenburg Clive Minneapolis Nowata Garland Salt Lake City Many Nashville Ellicott City South San Francisco Limerick Rock Hill Atlanta Loris Urbana Harrison Atlanta Ontario Fort Worth Houston Independence Florence Toone Alamosa Germantown Houston Collinsville Sebring Orange City Shelbyville Vero Beach Goff Davie Madison Colquitt Warren Lakeville Dixon Riverwoods Rock Hill Brooklyn State KS WA MO TN PA WA PA IN IL CA NH CA MS GA AR CA WY PA WI MN AL MO GA MS TX IL CA FL GA IN MS SC IN TN CT CA CO IA TX WI CA ID PA MO NE IA MN OK TX UT LA TN MD CA PA NY GA SC IL AR GA CA TX TX MO SC TN CO TN TX OK FL FL IN FL KS FL WI GA OH CT CA IL SC NY Investment Description Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants P f d Stock St k w// Exercised E i d Warrants W t Preferred Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock Investment Amount $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 985,000 10,500,000 21,900,000 17,243,000 6,200,000 1,992,000 30,407,000 116,000,000 17,211,000 8,653,000 6,920,000 5,450,000 1,998,000 17,280,000 16,800,000 8,700,000 3,100,000 4,579,000 10,000,000 2,060,000 3,250,000 12,500,000 2,644,000 48,000,000 22,000,000 7,350,000 4,000,000 9 495 000 9,495,000 7,000,000 56,044,000 30,000,000 17,299,000 83,586,000 17,806,000 4,797,000 4,000,000 2,260,000 24,664,000 731,000 10,900,000 3,976,000 19,891,000 23,000,000 651,000 7,570,000 2,400,000 4,960,000 2,655,000 22,500,000 11,800,000 9,270,000 7,400,000 5,983,000 12,000,000 541,000 3,000,000 5,222,000 12,895,000 100,000,000 16,500,000 7,462,000 6,000,000 13,533,000 11,000,000 12,000,000 15,349,000 1,881,000 5,500,000 4,967,000 10,000,000 2,492,000 6,700,000 4,389,000 5,000,000 3,000,000 500,000 9,982,000 23,200,000 12,325,000 72,927,000 8,816,000 17,390,000 1,224,558,000 9,266,000 17,000,000 Treasury Investment Remaining After Capital Repayment Capital Repayment Details Pricing Mechanism Capital Repayment Date Capital Repayment Amount 6 Remaining Capital Amount Remaining Investment Description Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Page 6 of 10 Seller Footnote 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 Purchase Date 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/10/2009 4/10/2009 4/10/2009 4/10/2009 4/10/2009 4/17/2009 4/17/2009 4/17/2009 4/17/2009 4/17/2009 4/17/2009 Name of Institution BancIndependent, Inc. Haviland Bancshares, Inc. 1st United Bancorp, Inc. Madison Financial Corporation First National Corporation St. Johns Bancshares, Inc. Blackhawk Bancorp, Inc. IBW Financial Corporation Butler Point, Inc. Bank of George Moneytree Corporation Sovereign Bancshares, Inc. First Intercontinental Bank Heritage Oaks Bancorp Community First Bancshares Inc. First NBC Bank Holding Company First Colebrook Bancorp, Inc. Kirksville Bancorp, Inc. Peoples Bancshares of TN, Inc Premier Bank Holding Company Citizens Bank & Trust Company Farmers & Merchants Financial Corporation Farmers State Bankshares, Inc. SBT Bancorp, Inc. CSRA Bank Corp. Trinity Capital Corporation Clover Community Bankshares, Inc. P th B Pathway Bancorp Colonial American Bank MS Financial, Inc. Triad Bancorp, Inc. Alpine Banks of Colorado Naples Bancorp, Inc. CBS Banc-Corp. IBT Bancorp, Inc. Spirit BankCorp, Inc. Maryland Financial Bank First Capital Bancorp, Inc. Tri-State Bank of Memphis Fortune Financial Corporation BancStar, Inc. Titonka Bancshares, Inc Millennium Bancorp, Inc. TriSummit Bank Prairie Star Bancshares, Inc. Community First Bancshares, Inc. BCB Holding Company, Inc. City National Bancshares Corporation First Business Bank, N.A. SV Financial, Inc. Capital Commerce Bancorp, Inc. Metropolitan Capital Bancorp, Inc. Bank of the Carolinas Corporation Penn Liberty Financial Corp. Tifton Banking Company Patterson Bancshares, Inc BNB Financial Services Corporation Omega Capital Corp. Purchase Details City Sheffield Haviland Boca Raton Richmond Strasburg St. Louis Beloit Washington Catlin Las Vegas Lenoir City Dallas Doraville Paso Robles Union City New Orleans Colebrook Kirksville Madisonville Tallahassee Covington Argonia Holton Simsbury Wrens Los Alamos Clover C i Cairo West Conshohocken Kingwood Frontenac Glenwood Springs Naples Russellville Irving Bristow Towson Glen Ellen Memphis Arnold Festus Titonka Edwards Kingsport Olathe Harrison Theodore Newark San Diego Sterling Milwaukee Chicago Mocksville Wayne Tifton Patterson New York Lakewood State AL KS FL KY VA MO WI DC IL NV TN TX GA CA TN LA NH MO TN FL LA KS KS CT GA NM SC NE PA TX MO CO FL AL TX OK MD VA TN MO MO IA CO TN KS AR AL NJ CA IL WI IL NC PA GA LA NY CO Investment Description Treasury Investment Remaining After Capital Repayment Capital Repayment Details Investment Amount Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants P f d Stock St k w// Exercised E i d Warrants W t Preferred Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 21,100,000 425,000 10,000,000 3,370,000 13,900,000 3,000,000 10,000,000 6,000,000 607,000 2,672,000 9,516,000 18,215,000 6,398,000 21,000,000 20,000,000 17,836,000 4,500,000 470,000 3,900,000 9,500,000 2,400,000 442,000 700,000 4,000,000 2,400,000 35,539,000 3,000,000 3 727 000 3,727,000 574,000 7,723,000 3,700,000 70,000,000 4,000,000 24,300,000 2,295,000 30,000,000 1,700,000 10,958,000 2,795,000 3,100,000 8,600,000 2,117,000 7,260,000 2,765,000 2,800,000 12,725,000 1,706,000 9,439,000 2,211,000 4,000,000 5,100,000 2,040,000 13,179,000 9,960,000 3,800,000 3,690,000 7,500,000 2,816,000 Total Purchase Amount $ 198,888,248,000 Pricing Mechanism Capital Repayment Date Capital Repayment Amount TOTAL TREASURY CPP INVESTMENT AMOUNT 6 Remaining Capital Amount Remaining Investment Description Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Total Capital Repayment Amount $467,310,000 $198,420,938,000 1/ This transaction was included in previous Transaction Reports with Merrill Lynch & Co., Inc. listed as the qualifying institution and a 10/28/2008 transaction date, footnoted to indicate that settlement was deferred pending merger. The purchase of Merrill Lynch by Bank of America was completed on 1/1/2009, and this transaction under the CPP was funded on 1/9/2009. 2/ Privately-held qualified financial institution; Treasury received a warrant to purchase additional shares of preferred stock, which it exercised immediately. 3/ To promote community development financial institutions (CDFIs), Treasury does not require warrants as part of its investment in certified CDFIs when the size of the investment is $50 million or less. 4/ Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009. 5/ Redemption pursuant to a qualified equity offering. 6/ This amount does not include accrued and unpaid dividends, which must be paid at the time of capital repayment. 7/ The proceeds associated with the disposition of this investment do not include accrued and unpaid dividends. Page 7 of 10 SYSTEMICALLY SIGNIFICANT FAILING INSTITUTIONS Seller Foot note 11/25/2008 3 Name of Institution Date 4/17/2009 AIG Purchase Details City New York AIG New York State Transaction Type NY Purchase NY Purchase Investment Description Preferred Stock w/ Warrants Preferred Stock w/ Warrants TOTAL Exchange Details Investment Amount $40,000,000,000 $29,835,000,000 Pricing Mechanism Date Transaction Type Par 4/17/2009 Exchange Par Pricing Investment Amount Mechanism Investment Description Preferred Stock w/ Warrants 1 $40,000,000,000 Par 2 $69,835,000,000 1/ On 4/17/2009, Treasury exchanged its Series D Fixed Rate Cumulative Preferred Shares for Series E Fixed Rate Non-Cumulative Preferred Shares with no change to Treasury's initial investment amount. In addition, in order for AIG to fully redeem the Series E Preferred Shares, it has an additional obligation to Treasury of $1,604,576,000 to reflect the cumulative unpaid dividends for the Series D Preferred Shares due to Treasury through and including the exchange date. 2/ The investment price reflects Treasury's commitment to invest $30 billion less a reduction of $165 million representing retention payments AIG Financial Products made to its employees in March 2009. 3/ This transaction does not include AIG's commitment fee of an additional $165 million scheduled to be paid from its operating income in three equal installments over the five-year life of the facility. AUTOMOTIVE INDUSTRY FINANCING PROGRAM Seller Foot note Date 1 12/29/2008 12/29/2008 GMAC LLC General Motors Corporation 12/31/2008 1/2/2009 1/16/2009 2 State Transaction Type Detroit Detroit MI MI Purchase Purchase Preferred Stock w/ Exercised Warrants Debt Obligation General Motors Corporation Chrysler Holding LLC Detroit Auburn Hills MI MI Purchase Purchase Chrysler Financial Services Americas LLC Farmington Hills MI Purchase Name of Institution City $5,000,000,000 $884,024,131 Pricing Mechanism Liquidation Preference N/A Debt Obligation w/ Warrants and Additional Note Debt Obligation w/ Additional Note $13,400,000,000 $4,000,000,000 N/A N/A Debt Obligation w/ Additional Note $1,500,000,000 N/A Investment Description TOTAL Investment Amount $24,784,024,131 1/ Treasury committed to lend General Motors Corporation up to $1,000,000,000. The ultimate level of funding was dependent upon the level of investor participation in GMAC LLC's rights offering. The amount has been updated to reflect the final level of funding. 2/ The loan was funded through Chrysler LB Receivables Trust, a special purpose vehicle created by Chrysler Financial. The amount of $1,500,000,000 represents the maximum loan amount. The loan will be incrementally funded. AUTOMOTIVE SUPPLIER SUPPORT PROGRAM Foot note 1 2 Seller Date 4/9/2009 4/9/2009 Name of Institution GM Supplier Receivables Receivables, LLC Chrysler Receivables SPV LLC City Wilmington Wilmington State DE DE Transaction Type Purchase Purchase Investment Description Debt Obligation w/ Additional Note Debt Obligation w/ Additional Note TOTAL Investment Amount $3 500 000 000 $3,500,000,000 $1,500,000,000 Pricing Mechanism N/A N/A $5,000,000,000 1/ The loan was funded through GM Supplier Receivables, LLC, a special purpose vehicle created by General Motors Corporation. The amount of $3,500,000,000 represents the maximum loan amount. The loan will be incrementally funded. The agreement was fully executed on 4/9/2009, but was made effective as of 4/3/2009. 2/ The loan was funded through Chrysler Receivables SPV LLC, a special purpose vehicle created by Chrysler LLC. The amount of $1,500,000,000 represents the maximum loan amount. The loan will be incrementally funded. The agreement was fully executed on 4/9/2009, but was made effective as of 4/7/2009. Page 8 of 10 TARGETED INVESTMENT PROGRAM Foot note Seller Date 12/31/2008 1/16/2009 Name of Institution Citigroup Inc. Bank of America Corporation City New York Charlotte State NY NC Transaction Type Purchase Purchase Investment Description Preferred Stock w/ Warrants Preferred Stock w/ Warrants TOTAL Investment Amount $20,000,000,000 $20,000,000,000 Pricing Mechanism Par Par $40,000,000,000 ASSET GUARANTEE PROGRAM Foot note Seller Name of Institution Date 1/16/2009 City Citigroup Inc. New York State Transaction Type NY Guarantee Investment Description Second-Loss Guarantee on Asset Pool TOTAL Guarantee Limit $5,000,000,000 Premium Received Preferred Stock and Warrants $5,000,000,000 CONSUMER AND BUSINESS LENDING INITIATIVE INVESTMENT PROGRAM Seller Foot note Date 1 3/3/2009 Name of Institution TALF LLC City Wilmington State Transaction Type DE Purchase Investment Description Investment Amount Debt Obligation w/Additional Note $20,000,000,000 TOTAL Pricing Mechanism N/A $20,000,000,000 1/ The loan was funded through TALF LLC, a special purpose vehicle created by The Federal Reserve Bank of New York. The amount of $20,000,000,000 represents the maximum loan amount. The loan will be incrementally funded. Page 9 of 10 HOME AFFORDABLE MODIFICATION PROGRAM Foot note Date 4/13/2009 4/13/2009 4/13/2009 4/13/2009 4/13/2009 4/13/2009 4/16/2009 4/17/2009 4/17/2009 Servicer Name of Institution Select Portfolio Servicing CitiMortgage, Inc. Wells Fargo Bank, NA GMAC Mortgage, Inc. Saxon Mortgage Services, Inc. Chase Home Finance, LLC Ocwen Financial Corporation, Inc. Bank of America, N.A. Countrywide Home Loans Servicing LP City Salt Lake City O'Fallon Des Moines Ft. Washington Irving Iselin West Palm Beach Simi Valley Simi Valley State UT MO IA PA TX NJ FL CA CA Transaction Type Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Investment Description Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications TOTAL Investment Cap Amount 1 $376,000,000 $2,071,000,000 $2,873,000,000 $633,000,000 $407,000,000 $3,552,000,000 $659,000,000 $798,900,000 $1,864,000,000 Pricing Mechanism N/A N/A N/A N/A N/A N/A N/A N/A N/A $13,233,900,000 1 / The Investment Cap represents the potential total amount allocated to each servicer and includes the maximum amount allotted for all payments to servicers and lenders/investors as well as payments on behalf of borrowers. This Investment Cap is subject to adjustment based on the total amount allocated to the program and individual servicer usage for borrower modifications. Any adjustments to the Cap will be reflected in future Transaction Reports. Page 10 of 10