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UNITED STATES DEPARTMENT OF THE TREASURY
SECTION 105(a) TROUBLED ASSETS RELIEF PROGRAM
REPORT TO CONGRESS
FOR THE PERIOD
JANUARY 1,2009 TO JANUARY 31,2009
I. OVERVIEW
In this unprecedented period of market instability, Treasury continues to develop and implement
programs under the Troubled Assets Relief Program (TARP) designed to restore liquidity and
stability to the U.S. financial system while safeguarding taxpayer interests. As new challenges
have arisen, Treasury has responded quickly to adapt to market events and provide support to
U.S. financial institutions and automotive companies in order to prevent disruption to the
financial markets and restore business and household confidence.
Between January 1,2009 and January 31, 2009, Treasury invested $17.8 billion in financial
institutions across the nation as part of its Capital Purchase Program (CPP), directly infusing
capital into healthy, viable banks in order to increase the capacity of these institutions to lend to
U.S. businesses and consumers and support the U.S. economy. Since the inception of the CPP in
October 2008, Treasury has invested $195.3 billion through the CPP in small and large, regional and national, financial institutions as well as Community Development Financial Institutions, in
45 states and Puerto Rico. To date, the largest investment was $25 billion and the smallest
investment was approximately $1 million.
On January 16,2009, Treasury, the Federal Reserve, and the Federal Deposit Insurance
Corporation (FDIC) completed a guarantee agreement with Citigroup, Inc. (Citigroup), which
was previously announced in November 2008. Under the agreement, Treasury agreed to assume
a second-loss position and absorb up to $5 billion of losses on a selected group of mortgagerelated assets held by Citigroup. Similarly, Treasury and the FDIC will provide protection to
Bank of America Corporation (Bank of America) against the possibility of unusually large losses
on an asset pool of approximately $118 billion of loans and securities. This asset pool is backed
by residential and commercial real estate and other such assets. Treasury also announced a $4
billion loan to Chrysler Holding LLC (Chrysler) on January 2, 2009, and a $1.5 billion loan to a
special purpose entity created by Chrysler Financial Services Americas LLC (Chrysler Financial)
on January 16,2009, as part ofa broader program to support the domestic automotive industry in
becoming financially viable. The terms of each of these investments require the companies to
comply with enhanced restrictions on executive compensation designed to protect taxpayers.
Treasury is committed to implementing the TARP with the highest degree of accountability and
transparency possible. In January, Treasury collaborated with bank regulators and CPP
participants to develop a survey of the 20 largest participating institutions that will collect and
disseminate monthly data on lending and other activities. In addition, the Office of Financial
Stability (OFS) will analyze quarterly monitoring data (call reports) and report on the results.
As part of Treasury's effort to keep taxpayers informed about TARP activities, Treasury
announced on January 28,2009, that it will begin posting redacted investment contracts for
future transactions on Treasury's web site within five to ten business days ofa transaction's

closing. For transactions that have already closed, Treasury will publicly post contracts on a
rolling basis until all investment agreements are available on the web site. As of January 31,
2009, 14 investment contracts were available on Treasury's web site. In addition to these
actions, the OFS has developed a productive working relationship with TARP oversight bodies
including the Government Accountability Office, the TARP Special Inspector General, the
Congressional Oversight Panel, and the Financial Stability Oversight Board.
In January 2009, Treasury also announced additional voluntary actions to bolster transparency
and ensure that TARP investment decisions are protected from lobbyist influence. For example,
under one measure, Treasury will begin certifying to Congress that each TARP investment
decision is based solely on objective investment criteria.
Since the passage of the Emergency Economic Stability Act of2008 (EESA) in October 2008,
Treasury has made tremendous strides in developing and implementing programs aimed at
restoring liquidity and stability to the U.S. financial system. In furtherance of these programs,
the OFS continues to build its infrastructure by hiring highly-qualified staff, developing robust
internal controls, and promoting transparency. While many challenges lie ahead, we are
confident that these efforts will lay a strong foundation for economic recovery and market
stability.

II. REPORTING REQillREMENTS
This is Treasury's third Section 105(a) Troubled Assets ReliefProgram Report to Congress
(TARP Report) required by EESA. Treasury transmitted its second TARP Report to Congress
on January 5, 2009, covering activities through December 31, 2008. This TARP Report covers
the following activities listed in EESA section 105(a) occurring through the end of January:
•
•
•

An overview of actions taken by the Secretary, including the considerations required by
section 103 and the efforts under section 109.
The actual obligation and expenditure of the funds provided for administrative expenses
by section 118.
A detailed financial statement with respect to the exercise of authority, including:
1. all agreements made or renewed;
2. all insurance contracts entered into pursuant to section 102;
3. all transactions occurring during the initial 60-day period, including the types of
parties involved;
4. the nature of the assets purchased;
5. all projected costs and liabilities;
6. operating expenses, including compensation for financial agents;
7. the valuation or pricing method used for each transaction; and
8. a description of the vehicles established to exercise such authority.

III. INDIVIDUAL PROGRAMS AND INITIATIVES
The Capital Purchase Program
2

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 U.S. businesses and consumers and support the U.S.
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. Between January 1,2009 and January 31, 2009, Treasury purchased $17.8 billion in
senior preferred shares from 147 financial institutions under the CPP. Since the launch ofthe
CPP in October 2008 through January 31, 2009, Treasury has invested a total of$195.3 billion in
senior preferred shares in 359 financial institutions in 45 states and Puerto Rico. The application
deadline for publicly-held institutions was November 14,2008, and the deadline for applications
from eligible privately-held financial institutions was December 8, 2008. On January 14,2009,
Treasury issued a term sheet for S corporations with an application deadline of February 13,
2009. The federal banking regulators are evaluating all submitted CPP applications and continue
to send qualifying applications to Treasury for final approval.
Complete details about the Capital Purchase Program are available on Treasury's
web site at: http://www.treas.gov/initiatives/eesa/.
The Automotive Industry Financing Program
The objective of the Automotive Industry Financing Program (AIFP) is to prevent a significant
disruption of the American automotive industry, which would pose a systemic risk to financial
market stability and have a negative effect on the economy of the United States. The program
requires participating institutions to implement plans that will achieve long-term viability.
Participating institutions must also adhere to rigorous executive compensation standards and
other measures to protect the taxpayer's interests, including limits on the institution's
expenditures and other corporate governance requirements. Guidelines for the AIFP are
published on Treasury's web site.
On January 2,2009, Treasury provided a three-year $4 billion loan to Chrysler under the AIFP.
The loan is secured by various collateral, including parts inventory, real estate, and certain equity
interests held by Chrysler. The agreement requires Chrysler to submit a restructuring plan to
achieve long-term viability for review by the President's designee and provides for acceleration
of the loan if those goals are not met. Under the agreement, Chrysler must comply with other
binding terms and conditions designed to protect taxpayer funds, including compliance with
certain enhanced executive compensation and expense-control requirements. In lieu of warrants,
Treasury received a senior unsecured note of Chrysler payable to Treasury in the principal
amount of $267 million.
On January 16,2009, Treasury announced that it will make a loan under the AlFP of up to $1.5
billion to Chrysler LB Receivables Trust (Chrysler Trust), a special purpose entity created by
Chrysler Financial, to finance the extension of new consumer auto loans. The five-year loan is
secured by a senior secured interest in a pool of newly originated consumer automotive loans,
and Chrysler will serve as a guarantor for certain covenants of Chrysler Financial. Under the
agreement, Chrysler Financial must comply with the executive compensation and corporate
governance requirements of section 111 (b) of EESA, as well as enhanced restrictions on
3

executive compensation including the need to reduce by 40 percent its bonus pool for Senior
Executive Officers and Senior Employees. In lieu of warrants, Treasury received additional
notes in an amount equal to 5 percent of the maximum loan amount. The additional notes will
vest 20 percent on the closing date and 20 percent on each anniversary of the closing date and
will have other terms similar to the loan.
,
On January 21,2009, Treasury funded $5.4 billion ofa maximum $13.4 billion loan to General
Motors Corporation (GM) that was discussed in detail in Treasury's second TARP Report to
Congress. Treasury funded $4 billion of this loan on December 31, 2008, and will fund an
additional $4 billion on February 17,2009, subject to GM meeting certain conditions.
The Targeted Investment Program
The Targeted Investment Program (TIP) is designed to prevent a loss of confidence in financial
institutions that could result in significant market disruptions, threatening the financial strength
of similarly situated financial institutions, impairing broader financial markets, and undermining
the overall economy. Treasury will consider institutions as candidates for the TIP on a case-bycase basis, based on a number of factors described in the program guidelines. These factors
include the threats posed by destabilization of the institution, the risks caused by a loss of
confidence in the institution, and the institution's importance to the nation's economy. Program
guidelines for the TIP are published on Treasury's web site.
On January 16,2009, Treasury completed its second transaction under the TIP, investing $20
billion in Bank of America. Under the agreement with Bank of America, Treasury purchased
$20 billion of preferred stock and warrants and will receive an 8 percent dividend, payable
quarterly. As part of this agreement, Bank of America must implement rigorous executive
compensation standards and other restrictions on corporate expenditures. As previously
disclosed, Treasury has also invested in Bank of America through the CPP.
The Asset Guarantee Program
The Asset Guarantee Program (AGP) provides guarantees for assets held by systemically
significant financial institutions that face a risk of losing market confidence due in large part to a
portfolio of distressed or illiquid assets. The AGP will be applied with extreme discretion in
order to improve market confidence in the systemically significant institution and in financial
markets broadly. Treasury does not anticipate that the program will be made widely available,
and notes that the EESA requires that premiums under section 102 be set to ensure that taxpayers
are fully protected. Details on the AGP are available on Treasury's web site.
Treasury completed its first transaction under the AGP on January 16,2009, when it finalized the
terms of a guarantee agreement with Citigroup that was previously announced on November 23,
2008. Under the agreement, Treasury, the Federal Reserve, and the FDIC will provide protection
against the possibility of large losses on an asset pool of approximately $301 billion of loans and
securities backed by residential and commercial real estate and other such assets, which will

4

remain on Citigroup's balance sheet. The following loss-sharing protocol will apply: Citigroup
will absorb the first $39.5 billion in losses!; losses over $39.5 billion are shared by Treasury (90
percent) and Citigroup (10 percent) (the "second loss"). Treasury absorbs the second loss up to
$5 billion, the FDIC absorbs the third loss up to $10 billion, and the Federal Reserve funds any
residual loss through a non-recourse loan. The guarantee is in place for ten years for residential
assets and five years for non-residential assets. As a fee for the guarantee, Citigroup will issue
$7 billion of preferred stock with an 8 percent dividend rate; $4 billion will be issued to Treasury
and $3 billion to the FDIC. As part of the agreement, Citigroup must submit an executive
compensation plan to Treasury and the FDIC for approval and must comply with certain
common stock dividend restrictions. As previously announced, Treasury has also invested in
Citigroup through the CPP and the TIP.
In addition, Treasury and the FDIC announced that they will provide protection to Bank of
America against the possibility of unusually large losses on an asset pool of approximately $118
billion of loans and securities backed by residential and commercial real estate loans, and other
trading book assets that have been marked to current market value. The large majority of these
assets were assumed by Bank of America as a result of its recent acquisition of Merrill Lynch &
Co. The assets will remain on Bank of America's balance sheet. As a fee for this arrangement,
Bank of America will issue preferred shares to Treasury and the FDIC. In addition and if
necessary, the Federal Reserve is prepared to backstop residual risk in the asset pool through a
non-recourse loan. As part of the agreement, Bank of America will be required to submit an
executive compensation plan to Treasury and the FDIC for approval and to adhere to certain
common stock dividend restrictions. The Bank of America guarantee was announced on January
16,2009, but has not yet been finalized.

This represents $29 billion as a "first loss" amount, $9.5 billion in reserves, and $1 billion related to an agreement
on hedging procedures.
1

5

IV. Certification
As the Interim Assistant Secretary for the Office of Financial Stability at the United States
Department of the Treasury, I am the official with delegated authority to approve purchases of
troubled assets under the Troubled Assets Relief Program. I certify to the Congress that each
decision of my office to approve purchases of troubled assets, from the beginning of the program
until the end of this reporting period, was based on my office's evaluation of the facts and
circumstances of each proposed investment, including recommendations from regulators,
in order to promote financial stability and the other purposes of the Emergency Economic
Stabilization Act of 2008.

~-

Interim Assistant Secretary
Office of Financial Stability

6

V. TARP ADMINISTRATIVE EXPENSES

United States Department of Treasury
Office of Financial Stability

Report of Administrative Obligations and Expenditures

For PeftocrEnclng
JanuUY 31, 2IDOI

~
PERSONNEL SERVICES
NON-PERSONNEL
SERVICES

Budget
Oblect Class
1100& 1200

2100
2200
2300
2400
2500
2600
3100
3200

Budaet ObJect Class TIlle
PERSONNEL COMPENSATION & BENEFITS
PERSONNEl: SERVICES Tola/:
TRAVEL & TRANSPORTATION OF PERSONS
TRANSPORTATION OF THINGS
RENTS, COMMUNICATIONS, UTILITIES & MISC CHARGES
PRINTING & REPRODUCTION
OTHER SERVICES
SUPPLIES AND MATERIALS
EQUIPMENT
LAND & STRUCTURES
NON-¥ERSONNEL SERVICES Tola/:

-. • •

For
Februa~

Obllaallons
51092 473
11.ClllZA73
17 937

ExD.ndltu~

36S 918
7227
8539067
138163
26,981

293768
395
6073497
17833
26,981

$1049446
11'041'4411
9852

.

It'OIS'm! ;;:<1&:422.321:

,

:

..

Projected
Obllaatlons
$1600000
11100000
20000

738 000
395
27000 000
150000
50,000
90000
$211:041'3"1

...

;

Notes: The statutorily required reporting date results in OFS estimating amounts prior to the Department of the Treasury's accounfing records closing on February 4. 2009-

7

ng
28, 2IDOI
Projected
ExDllndltures
$1500000
11'100'0001
12000

-

420000
395
9000000
30000
50,000
45000

$t157.3l111i
I

VI. DETAILED FINANCIAL STATEMENTS
Section l05(a)(3)(A)
U.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Agreements Under TARP [Section 105(a)(3)(A)]
For Period Ending January 31, 2009
Date
Approved
or Renewed

Type of
Transaction

BPA
10/10/2008
BPA
10/11/2008
10114/2008 Financial Agent
BPA
10/16/2008
BPA
10/18/2008
IAA
10/23/2008
BPA
10/29/2008
BPA
10/29/2008
Contract
10/31/2008
BPA
111712008
IAA
11/14/2008
IAA
1213/2008
IAA
12/5/2008
1215/2008 Procurement
BPA
12/10/2008
12115/2008
IAA
12124/2008 Procurement
11712009 Procurement
BPA
1/27/2009
1/27/2009 Procurement

Vendor
Simpson, Thacher & Bartlett
EnnisKnupp
Bank of New York Mellon
PricewaterhouseCoopers
Ernst & Young
GSA - Turner Consulting·
Hughes Hubbard & Reed
Squire Sanders & Dempsey
Lindholm & Associates·
Thacher Proffitt & WoodSecurities and Exchange Commission
Trade and Tax Bureau - Treasury
Department of Housing and Urban Development
Washington Post
Thacher Proffitt & WoodOffice of Thrift Supervision
Cushman and Wakefield of VA, Inc.
Colonial Parking
Cadwalader Wickersham & Taft, LLP
Whitaker Brothers Bus. Machines

Purpose
Legal Services
Investment and Advisory Services
Custodian and Cash Mangement
Internal Control Services
Accounting Services
Archiving Services
Legal Services
Legal Services
Human Resources Services
Legal Services
Detailees
IT Services
Detailees
Vacancy Announcement
Legal Services
Detailees
Painting
Parking
Legal Services
Shredder

• Small or Women-, or Minority-Owned Small Business
-Contract responsiblities assumed by Sonnenschein Nath & Rosenthal via novation.
Note: Kirkland and Ellis LLP was reflected as being awarded on 12/18/08. The BPA was not finalized.

Section l05(a)(3)(B)

8

u.s. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Insurance Contracts [Section 105(a)(3«B)]
For Period Ending January 31, 2009

Name

Amount

Citigroup

$5,000,000,000

VI. DETAILED FINANCIAL STATEMENTS CONTINUED
Section l05(a)(3)(F)
u.s. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Programmatic Operating Expenses [Section 105(a)(3)(F))
For Period Ending January 31, 2009

Type of Expense

Amount

Compensation for financial agents
and legal firms

$11,369,573

Section l05(a)(3)(H)
u.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Description of Vehicles Established [Section 105(a)(3«H))
For Period Ending January 31, 2009

Date

Vehicle

Description

None

9

VII. TRANSACTION REPORT - CAPITAL PURCHASE PROGRAM
Section l05(a)(3)(C), (D), and (G)
U.S. Tr... ury Department
omee of Ananelal Stability
Troubled Asset Relief Program

Transactions Report

For ""rtoe! ending January 30,2009
CAPITAl. PURCHASE PROGRAM
Seller
Name of In.lltullon
Date
1012812008 Bank of America COrDoration
1012812008 Bank of New Vork Mellon COrDoration
1012812008 CitiorDUO Inc.
1012812008 The Goldman Sachs GrDuo. Inc.
1012812008 JPMoraan Chase & Co.
1012812008 Moman Stanley
1012812008 State Street COrDoration
1012812008 Wells FarDo & Comoany
11/1412008 Bank of Commerce HoldinGS
1111412008 1st FS COrDoration
11/1412008 UCBH HoldinGS Inc.
1111412008 Northem Trust Corooration
1111412008 SunTrust Banks Inc.
1111412008 BroadwaY Financial Corooration
1111412008 Washinaton Federal Inc.
11/1412008 BB&TCorD.
1111412008 Provident Bancshares COlO.
11/1412008 Umooua Holdinas COrD.
1111412008 Comerica Inc.
1111412008 Remons Financial Com.
1111412008 CaDital One Financial Corooration
1111412008 First Horizon National COrDoration
11/1412008 Huntinaton Bancshares
11/1412008 KevCorD
1111412008 Vallev National BancOrD
1111412008 Zions Bancorooration
1111412008 Marsha" & Ilsley Comoration
1111412008 U.S. BancorD
1111412008 TCF Financial Comoration
1112112008 First Niaaara Financial Gro,m
1112112008 HF Financial COrD.
1112112008 Centerstate Banks of Florida Inc.
1112112008 City National Comoration
1112112008 First Communitv Bankshares Inc.
1112112008 Wes1em Alliance BancorDoration
1112112008 Webster Financial Comoration
1112112008 Pacific Caoital BancorD
1112112008 HeritaGe Commerce COrD.
1112112008 Ameris BancorD
1112112008 Porter Bancom Inc.
1112112008 Banner COrDoration
1112112008 Cascade Financial Corooration
1112112008 Columbia Bankina System Inc.
1112112008 Heritaoe Financial COrDoration
1112112008 First PacTru" Bancom Inc.
1112112008 Sevem BancorD. Inc.
1112112008 Boston Private Financial HoldinGS Inc.

CItv
Chartotte
NewVork
New Vork
New Vork
New Vork
New Vork
Boston
San Francisco
ReddinG
Hendersonville
San Francisco
Chicaao
Atlanta
Los Anael..
Seattle
Winston-Salem
Baltimore
Portland
Dallas
BirminGham
Mclean
Memohis
Columbus
Cleveland
WaYne
Salt LakeCilv
Milwaukee
Minneaoolis
Wayzata
LockDOrt
Sioux Falls
Oavennort
Bevertv Hills
Bluefield
Las Veaas
Watertlurv
Santa Bartlara
San Jose
Moultrie
Louisville
Walla Walla
Everett
Tacoma
Olymoia
Chula Vista
Annaoolis
Bos1on

Stale
NC
NV
NV
NV
NV
NV
MA
CA
CA
NC
CA
IL
GA

CA
WA

NC
MO
OR
TX

AI.
VA
TN
OH
OH
NJ
UT
WI
MN
MN
IN
SO
FL
CA
VA
NV
CT
CA
CA
GA
KV
WA
WA
WA
WA
CA
MO
MA

10

Tran.actlon TYDIl
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Punchase
Punchase
Purchase
Purchase
Punchase
Punchase
Punchase
Punchase
Punchase
Punchase
Punchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase

De.crtDllon
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred S10ck wlWarrants
Preferred S10ck wlWarrants
Preferred S10ck wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred S10ck wlWarrants
Preferred S10ck wlWarrants
Preferred Stock wlWarrents
PreferredStockwlWarrents
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrents
Preferred Stock wlWarrents
Preferred Stock wlWarrents
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrents
Preferred Stock wlWarrants
Preferred Stock wlWarrents
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWerrants
Preferred Stock wlWerrants
Preferred Stock wlWerrants
Preferred Stock wlWarrents
Preferred !;tock wlWarrents
Preferred Stock wlWarrents
Preferred Stock wlWarrants
Preferred Stock wlWarrents
Preferred Stock wlWarrents
Preferred Stock wlWarrants
Preferred Stock wlWarrents
Preferred Stock wlWarrents
Preferred Stock wlWarrents
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrents
Preferred Stock wlWarrants
Preferred Stock wlWarrents
Preferred Stock wlWarrents
Preferred Stock wlWarrants

prtce Paid
$15000000000
$3 000 000 000
$25 000 000 000
$10000000000
$25 000 000 000
$10000000000
$2 000 000 000
$25 000 000 000
$17 000 000
$16369000
$298737000
$1 576 000 000
$3 500 000 000
$9000000
$200000000
$3 133 640 000
$151500000
$214181000
$2 250 000 000
$3 500 000 000
$3 555 199 000
$866 540000
$1 398 071 000
$2 500 000 000
$300 000000
$1 400 000 000
$1 715000 000
$6 599 000 000
$361172000
$184011000
$25000000
~27 875 000
$400000 000
$41500000
$140000000
$400000000
$180634 000
$40000000
$52000000
$35000000
$124000000
$38970000
$76898000
$24000000
$19300000
$23393000
$154 000 000

Prtclng
Mechanlam
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Per
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

1112112008 Associated Bane-Coro
1112112008 Trustmark Corooration
1112112008 First Communitv Comoration
1112112008 Tavlor Caoital Grouo
1112112008 Nara Bancom Inc.
121512008 Midwest Bane Holdinos Inc.
121512008 MB Financial Inc.
121512008 First Midwest Bancoro. Inc.
121512008 United Communitv Banks Inc.
121512008 Wesbanco Bank Inc.
121512008 Encore Baneshares Inc.
121512008 Manhattan Bancoro
121512008 Iberiabank Corooration
121512008 Eaale Bancoro. Inc.
121512008 Sandv Sarina Bancoro Inc.
121512008 Coastal Bankina Comoanv. Inc.
121512008 East West Bancoro
121512008 South Financial Grouo. Inc.
121512008 Great Southern Bancoro
121512008 CathaY General Bancoro
121512008 Southern Communitv Financial Coro.
121512008 CVB Financial Coro
121512008 First Defiance Financial Coro.
121512008 First Financial Holdinas Inc.
1215/2008 Suaerior Bancoro Inc.
1215/2008 Southwest Bancoro. Inc.
121512008 Pooular Inc.
1215/2008 Blue Vallev Ban Coro
121512008 Central Federal Corooration
121512008 Bank of Marin Bancoro
121512008 Bank of North Carolina
121512008 Central Bancom Inc.
121512008 Southern Missouri Bancoro. Inc.
121512008 State Bancom Inc.
121512008 TIB Financial Coro
121512008 Unitv Bancoro Inc.
121512008 Old Line Baneshares Inc.
1215/2008 FPB Bancoro Inc.
121512008 Steriina Financial Corooration
121512008 Oak Vallev Bancoro
1211212008 Old National Bancoro
1211212008 Caaital Bank Corooration
12/1212008 Pacific International Bancoro
1211212008 SVB Financial Groua
12/1212008 LNB Bancoro Inc.
12/1212008 Wilminaton Trust Corooration
t2/1212008 Susouehanna Baneshares Inc
12/1212008 Sianalure Bank
12/1212008 HooFed Bancoro
1211212008 Citizens Reaublic Bancoro Inc.
1211212008 Indiana Community Bancoro
1211212008 Bank of the Ozarks Inc.
1211212008 Center Financial Corooration
1211212008 NewBridae Bancoro
12/1212008 Steriino Baneshares Inc.
1211212008 The Bancoro Inc.
1211212008 TowneBank
12/1212008 Wilshire Bancoro Inc.
12/1212008 Vallev Financial Corooration
1211212008 Indeeendent Bank Corooration
1211212008 Pinnacle Financial Partners Inc.
t2/1212008 First Litchfield Financial Corooration
1211212008 National Penn Baneshares Inc.
1211212008 Northeast Bancoro
1211212008 Citizens South Bankina Corooration
1211212008 Viroinia Commerce Bancoro
1211212008 Fidelitv Bancoro. Inc.
1211212008 LS B Corooration
12/1912008 Intermountain Community Bancoro
1211912008 Comm unftv West Baneshares
1211912008 Svnovus Financial Coro.
1211912008 Tennessee Commerce Bancoro. Inc.
12/1912008 Community Bankers Trust Corooration
1211912008 BancTrust Financial Groue. Inc.
t2/1912008 Enterorise Financial Services Coro.
t211912008 Mid Penn Bancoro. Inc.
t211912008 Summit State Bank
1211912008 VIST Financial Coro.
1211912008 Wainwriaht Bank & Trust Comeanv
1211912008 Whitney Holdino Corooration
1211912008 The Connecticut Bank and Trust Comeanv
1211912008 CoBiz Financial Inc.
1211912008 Santa Lucia Bancoro
1211912008 Seacoast Bankino Corooration of Florida
t211912008 Horizon Bancoro
1211912Cf08 Fidelitv Southern Corooration
1211912Cf08 Community Financial Corooration
12/1912008 Berkshire Hills Bancoro. Inc.
12/1912CfCf8 First Cal~omia Financial Groue Inc
12/1912008 AmeriServ Financial Inc

Green Bav
Jackson
Lexinaton
Rosemont
Los Anneles
Melrose Park
Chieaao
Itasea
Blairsville
Wheelina

Wl
MS
SC
IL
CA
IL
IL
IL
GA

WV

Houston
TX
EI Seaundo
CA
Lafavette
LA
Bethesda
MD
Olnev
MD
Fernandina Beach FL
Pasadena
CA
Greenville
SC
Sorinafield
MO
Los Anaeles
CA
Winston-Salem
NC
Ontario
CA
Defiance
OH
Charieston
SC
Birrninoham
AL
Stillwater
OK
San Juan
PR
Overiand Park
KS
Fairiawn
OH
Novato
CA
Thomasville
NC
Somerville
MA
Poolar Bluff
MO
Jericho
NY
Naoles
FL
NJ
Clinton
Bowie
MD
PortSI. Lucie
FL
Sookane
WA
Oakdale
CA
Evansville
IN
Ralieah
NC
Seattle
WA
CA
Santa Clara
Lorain
OH
Wilminaton
DE
Lititz
PA
New York
NY
Hookinsvile
KY
Flint
MI
Columbus
IN
Little Rock
AR
CA
Los Anoeles
Greensboro
NC
Houston
TX
Wilminaton
DE
Portsmouth
VA
Los Anaeles
CA
Roanoke
VA
Ionia
MI
Nashville
TN
Litchfield
CT
Bovertown
PA
Lewiston
ME
NC
Gastonia
Ariinoton
VA
PA
Pittsburoh
North Andover
MA
ID
Sandeoint
Goleta
CA
Columbus
GA
Franklin
TN
GlenAllen
VA
Mobile
AL
SI. Louis
MO
Millersbura
PA
Santa Rosa
CA
Wvomissina
PA
Boston
MA
NewOrieans
LA
Hartford
CT
Denver
CO
Ataseadero
CA
Stuart
FL
Michioan City
IN
Allanta
GA
51aunton
VA
Pittsfield
MA
WesUake Villa.... CA
1
Johnstown
PA

Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase

Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrant.
Preferred Stock wlWarrant.
Preferred Stock wlWarrant.
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarranls
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarranls
Preferred Stock wlWarrants
Preferred Stock wlWarrants

$525000000
$215000000
$11350000
$t04 823 000
$67000000
$8<1 78<1 000
$t96 000 000
$193000000
$180 000 000
$75000 000
$34 000 000
$1700 000
$90000000
$38235000
$93 094 000
$9950000
$306 546 000
$347000000
$58000 000
$258000000
$42750000
$t30 000 000
$37000000
$65000 000
$69000 000
$70000 000
$935000 000
$21750000
$7225000
$28000000
$31260000
$10000 000
$9550000
$36 842 000
$37000000
$20649000
$7000000
$5800000
$303000000
$t3 500 000
$100000000
$4t 279 000
$6500000
$235000000
$25223000
$330000000
$300000000
$120000000
$18400000
$300000000
$21500000
$75000000
$55000000
$52372 000
$125198000
$45220000
$76458000
$62158000
$16019000
$72000000
$95000000
$10000000
$t50 000 000
$4227000
$20500000
$71000000
$7000000
$15000000
$27000000
$15600000
$967870000
$30000000
$t7680000
$50 000 000
$35000000
$10000000
$8500000
$25000000
$22000000
$300000 CfOO
$5448000
$6445CfCfCfCf
$4 OCfCfCfCfCf
$50 OCfCf OCfCf
$25 CfCfCf OCfCf
$482CfCfCfCfCf
$12643 CfCfCf
$4Cf 000 000
$25000000
$2t 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
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

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11

1211912008 Securilv Federal Corooralion
1211912008 Wintrust FinanCial Com<>r.ltion
1211912008 Rushina Rnancial Corooration
1211912008 Monarch Rnancial Hoidinos Inc.
1211912008 SteliarOne Corooration
1211912008 Union Bankshares Corooration
1211912008 Tidelands Bancshares Inc
1211912008 Bancoro Rhode Island Inc.
1211912008 Hawthorn Bancshares Inc.
1211912008 The Elmira Savinos Bank. FSB
1211912008 Aniance Rnancial Corooration
1211912008 Heartland Rnancial USA Inc.
1211912008 Citizens First Corooration
1211912008 FFWCorD<ll'8tion
12/1912008 Plains Caottal CorooraliOn
12/1912008 Tri-Counlv F... anciaJ Corooralion
1211912008 OneUnited Bank
1211912008 Patriot Beneshares Inc.
12/1912008 PaCific Cilv FinaCial Corooration
1211912008 Marauette National Corooration
1211912008 Exchanae Bank
12/1912008 Monadnock Bancoro. Inc.
12/1912008 Bridaeview Bancoro. Inc.
12/1912008 Fidelity Financial Co'lloralion
12/1912008 Pataosco Bancoro. Inc.
12/1912008 NCAL Bancoro
1211912008 FCB Bancoro. Inc.
1212312008 First FinanCial Bancoro
1212312008 Bridae Caoital Holdinas
1212312008 International Baneshares Corooration
1212312008 Rrst Sound Bank
1212312008 M&T Bank Corooration
1212312008 Emc:faire FinanCial Com.
1212312008 Pari< National Corooration
1212312008 Green Bankshares Inc.
1212312008 CeCil Banco'll. Inc.
1212312008 RnanciaJ InstiMions Inc.
1212312008 Fulton RnanciaJ Corooration
1212312008 Untted Bancorooration of Alabama. Inc.
1212312008 MutualRrst RnanCiaI Inc.
1212312008 BCSB Bancoro. Inc.
1212312008 HMN RnanCial Inc.
1212312008 Rrst Community Bank ::ortloralion of America
1212312008 Steriina Bancoro
1212312008 Intervest Baneshares Corooration
1212312008 Poooies Bancoro of North Carolina Inc.
1212312008 Pari<vaJe Financial Coroorefion
1212312008 Timberiand Bancoro Inc.
1212312008 1st ConstiMion Bancoro
1212312008 Central Jersey Bancoro
1212312008 Weslem Illinois Bancshares Inc.
1212312008 Saioon National Bank
1212312008 CaDital PaCific Bancoro
1212312008 Uwharrie Caottal Coro
1212312008 Mission Valley Bancoro
1212312008 The Uttle Bank Incorooraled
1212312008 Pacific Commerce Bank
1212312008 Citizens Community Bank
1212312008 Seacoast Commerce Bank
1212312008 TCNB Financial CO'll.
1212312008 Leader Bancoro. Inc.
1212312008 Nicolet Bankshares Inc.
1212312008 Maana Bank
1212312008 Western Communilv Baneshares Inc.
1212312008 CommunitY Investors Banco'll. Inc.
1212312008 Caottal Bancoro. Inc.
1212312008 Cache Valley Bankino Comoany
1212312008 Citizens Bancoro
1212312008 TeMessee Valley Rnancial Hoidinos Inc.
1212312008 PacifIC Coast Bankers' Baneshares
1213112008 SunTrust Banks Inc.
1213112008 The PNC Financial Services Grouo Inc.
1213112008 Fifth Third Bancoro
1213112008 Hamoton Roads Bankshares Inc.
1213112008 CIT Grouo Inc.
1213112008 West Bancorooration Inc.
1213112008 Rrst Banks Inc.
11912009 Bank of America Comoration
11912009 FirstMerit Co'lloration
11912009 Farmers Caottal Bank Corooration

Aiken
Lake FCf8st
Laka Success
Cheseoeake
Chartottesville
Bowtino Green
Ml Pleasant
Providence
Lee'sSummn
Elmira
Syracuse
Dubuque
Bowline Green
Wabash
Danas
Waldorf
Boston
Houston
Los Anoeles
Chicaao
Santa Rosa
Peterborouah
Bridoeview
Wichtta
Dundalk
Los Anaeles
Louisville
Cincinn81i
San Jose
Laredo
Seattle
Buffalo
Emlenton
Newari<
Greeneville
Elkton
Warsaw
Lancaster
Atmore
Muncie
Baltimore
Rochester
Pinellas Park
New Yori<
NewYori<
Newton
Monroeville
Hoauiam
Cranbury
Oakhurst
Monmouth
Weslminstar
Portland
A1bemarie
Sun Valley
Kinston
Los Anoeles
South Hill
Chula Vista
Davlon
Minaton
Green Bay
Memohis
Palm Desert
Bueyrus
Rockville
Looan
Nevada City
Oak Ridoe
San FranCisco
Allanta
Pittsburgh
Cincinnati
Norfolk
NewYori<
West Des Moines
C1avton
Cheriotte
Akron
Frankfort

SC
IL
NY
VA
VA
VA
SC
RI
MO
NY
NY
IA

KY
IN
TX
MD
MA
TX
CA
IL
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

12

Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase

Preferred $lock wlWarranls
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred $lock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferrad Stock wI exercised Warrants
Preferred Stock wI exercised Warrants
Preferred Stock wI exercised Warrants
Preferred Stock
Preferred Stock wI Exercised Warrants
Preferrad Stock wi exercised Warrants
Preferred Stock wi exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred $lock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI exercised Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Prefenred Stock wi Warrants
Preferred Stock wi Warrants
Prefenred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Prefarred Stock wi Warrants
Prafarred $lock wi Warrants
Preferred Stock wI Warrants
Prefarred $lock wI Warrants
Preferred Slock wI Warrants
Preferred Stock wI exercised Warranls
Preferrad Stock wI exercised Warranls
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferrad Stock
Preferred Stock wI Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock WI exercised Warrants
Preferred Stock wi exercised Warrants
Preferred Stock wi exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred $lock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Prefenred Stock wi Exercised Warrants
Preferred Stock wI exercised Warrants
Preferred Stock wI exercised Warrants
Preferred Stock wi exercised Warrants
Preferred Stock wi Warranls
Preferred $lock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi exercised Warrants
Preferred $lock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants

$18000.000 Par
$250 000000 Par
$70000000 Par
$14700.000 Par
$30 000000 Par
$59000000 Par
$14448000 Par
$30 000000 Par
$30 255 000 Par
$9090000 Par
$26 918.000 Par
$81698000 Par
$8 n9 000 Par
$7289000 Par
$87631000 Par
$15540000 Par
$12063000 Par
$26 038000 Par
$16200000 Par
$35500000 Par
$43000000 Par
$1834000 Par
$38000000 Par
$36.282000 Par
$6 000000 Par
510000000 Par
$9294000 Par
$80000000 Par
$23864000 Par
$216000000 Par
$7400000 Par
$600 000000 Par
$7500000 Par
$100 000000 Par
$n 278 000 Par
$11560000 Par
$37515.000 Par
$376500000 Par
$10300 000 Par
$32382000 Par
$10800000 Par
$26 000000 Par
$10.685.000 Par
$42000000 Par
$25000000 Par
$25054.000 Par
$31762 000 Par
$16641000 Par
$12000000 Par
$11300000 Par
$6 855 000 Par
$1549000 Par
$4 000000 Par
$10000000 Par
$5500000 Par
$7500.000 Par
$4 060000 Par
$3000000 Par
$1800.000 Par
$2000000 Par
$5830000 Par
$14964000 Par
$13795000 Par
$7290000 Par
$2600.000 Par
$4 700000 Par
$4 767 000 Par
$10400000 Par
$3.000000 Par
$11600000 Par
$1 350 000 000 Par
$7 579 200 000 Par
$3 408 000 000 Par
$80.347000 Par
$2 330 000 000 Par
$36 000000 Par
$295400000 Par
$10000 000 000 Par
$125000000 Par
$30 000000 Par

21
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11912009 Peaoack-Gladstolle Financial CorooratiDn
11912009 Commerce NatiDllaI Bank
11912009 The First Bancoro. Inc.
11912009 Sun Bancoro. Inc.
11912009 Crescent Financial Coroor:>tion
11912009 American ExDress Comoanv
11912009 Central Pacific Financial CorD.
11912009 Centrue Financial Cornoration
11912009 Eastern Virainia Bankshares Inc.
tl9l2OO9 Colonv Bankcoro. Inc.
11912009 Indeoendent Bank Coro.
11912009 Cadence Financial ComoratiDn
11912009 LCNBCDID.
11912009 Center Bancorn Inc.
11912009 F.N.B. ColllOration
11912009 C&F Financial Corooration
11912009 North Central Bancshares Inc.
11912009 Carolina Bank Holdinas Inc.
11912009 First Bancoro
11912009 First Financial Service Comoration
11912009 Codorus Vallev Bancoro. Inc.
11912009 MidSouth Bancoro. Inc.
11912009 First Securilv Grouo Inc.
11912009 Shore Baneshares Inc.
11912009 The Queensborouah Comoanv
119/2009 American Slate Baneshares Inc.
11912009 Security California BanCDro
11912009 Security Business Bancorn
11912009 Sound Banking Company
11912009 Mission Community Bancoro
11912009 Redwood Financial Inc.
11912009 Surrey Bancoro
11912009 Indeoendence Bank
11912009 Vanev Communitv Bank
11912009 Risino Sun Bancoro
11912009 Communitv Trust Financial ColDOration
11912009 GrandSouth Bancorooration
11912009 Texas National BanCDrooration
11912009 Conaaree Baneshares Inc.
11912009 New Yor!< Private Bank & Trust Cornoration
1/1612009 Home Banesharas Inc.
1/1612009 Washinmon Banking Comoanyl WhidbeY Island Bank
1/1612009 New Hamoshire Thrift Baneshares Inc.
1/1612009 Bar HlM"bor BankshareslBar Harbor Bank & Trust
1/1612009 Somerset Hins Bancoro
1/1612009 SCBT Fonancial ::omoratiDn
1/1612009 S&T Bancoro
1/1612009 ECB Bancoro. Inc.lEast Carolina Bank
1/1612009 FrnBanCDID
1/1612009 Texas CaDital Bancshares Inc.
1/1612009 Yadltin Vallev Financial CorDoration
1/1612009 Carver Bancom Inc
1/1612009 Citizens & Northern ColDOration
1/1612009 MainSource Financial Grouo. Inc.
1/1612009 MetroCoro Baneshares Inc.
1/1612009 United Bancoro. Inc.
1/1612009 Old Second Bancom. Inc.
1/1612009 Pulaski Financial Corp
1/1612009 OceanFirst Financial Corp.
1/1612009 Communitv 1st Bank
1/1612009 TCB Holdina Company. Texas Communilv Bank
1/1612009 Centra Financial Holdinas Inc./Centra Bank Inc.
1/1612009 First Bankers Trustshares Inc.
1/1612009 Pacific Coast National Bancorp
1/1612009 Community Bank of the Bav
1/1612009 Redwood Caoital Bancom
1/1612009 Svrinaa Bancoro
1/t6l2009 Idaho Bancoro
1/1612009 Puaet Sound Bank
1/1612009 Untted Financial Banking Companies Inc.
t/1612OO9 Dickinson Financial CorDoration "
1/1612009 The Baraboo BanCDmoration
1/1612009 Bank of Commerce
1/1612009 Slate Bankshares Inc.
1/1612009 BNCCORP Inc.
1/1612009 First Manitowoc Bancoro. Inc.
1/1612009 Southern Bancom. Inc.
1/1612009 Morrill Bancshares Inc.
1/1612009 Treatv Oak BanCDro. Inc.
112312009 1st Source Comoration

Gladstona
NllWDDrtBeach
Damariscotta
Vineland
Carv
NewYClI1<
HonCllulu
SI. Louis
Taooahannock
Fitzoerald
Rockland
Slarkvine
Lebanon
Union
Hermitage
West Poiol
FortDodoe
Greensboro
Trov
Elizabethtown
Yor!<
Lafavette
Chattanoooa
Easton
Louisville
Great Bend
Riverside
San Dieoo
Morehead City
San Luis Obispo
Redwood Falls
MountAirv
East Greenwich
Pleasenton
RisinoSun
Ruston
Greenvine
Jacksonville
Cavce
NewYor!<
Conway
Oak Harbor
Newoor1
Bar Harllor
Bernardsville
Columbia
Indiana
Enaenhard
SanJuan
Dallas
Elkin
NewYor!<
WensbDrD
Greensbum
Houston
Tecumseh
Aurora
Creve Coeur
Toms River
Roseville
The Woodlands
Moraantown
Quincv
San Clemente
Oakland
Eureka
Boise
Boise
Bellewe
Vienna
KansasCttv
Baraboo
Charlotte
Farao
Bismarck
Manttowoc
Made/ohia
Merriam
Austin
South Bend

NJ
CA
ME
NJ
NC

NY
HI
MO
VA
GA
MA
MS
OH
NJ
PA
VA
IA
NC
NC

KY
PA

LA
TN
MD
GA
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
WV
IL
CA
CA
CA
10
10
WA
VA
MO
WI
NC
NO
NO

WI
AR
KS
TX
IN

13

PUfChase
PUfchue
Purchase
Purchase
Purchase
PUfchasa
Purchase
Purchase
Purchasa
Purchase
PUfChase
PUfChase
PUfChase
PUfChase
Purchase
PUfChase
Purchase
PUfChase
PUfchase
PUfchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
PUfChase
Purchase
Purchase
PUfchase
Purchase
Purchase
Purchase
Purchase
PUfChase
Purchase
Purchase
Purchase
PUfChase
Purchase
Purchase
PUfchase
PUfchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
PUfChase
PUfchase
PUfChase
Purchase
Purchase
PUfChase
Purchase
Purchase
Purchase

Preferred Stock wI Warrants
Preferred Stock wI Warrants
PrefOfml Stock wI Warrants
Preferred Stock wI Warrants
PrefOfml Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Prelan'ed Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI WarraolS
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Slack wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warraols
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warranls
Preferred Stock wI Exercised Warranls
Preferred Stock wI Exercised Warranls
Preferred Stock wI Exercised Warrants
Preferred Slock wI Exercised Warrants
Preferred Slock wI Exercised Warrants
Preferred Slock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Praferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warraols
Preferred Stock wI Warraols
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wi Warrants
Preferred Stock wI Warrants
Preferred Stock wi Warrants
Preferred Stock wI Warrants
Preferred Stock
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Stock wI Warrants
Preferred Slack wI Warrants
Preferred Stock wI Warrants
Preferred Slack wI Exercised Warrants
Preferred Slock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock
Preferred Stock wI Exercised Warrants
Preferred Stock wI Exercised Warrants
Preferred Stock wI Warrants

$28685000 Par
$5000000 Pit
$25000000 Par
$89310000 Par
$24900000 Par
$3 388 890 000 Par
$135 000 000 Par
$32668000 Par
$24000000 PI(
$28000000 Par
$78158 000 Par
$44 000 000 Par
$13400000 Par
$10000000 Par
$100 000 000 Par
$20000 000 Par
$10200 000 Par
$16000000 Par
$65000000 Par
$20000000 Par
$16500000 Par
$20000000 Par
$33000000 Par
$25000000 Par
$t2 000 000 Par
$6 000 000 Par
$6 815 000 Par
$5803000 Par
$3070000 Par
$5116000 Par
$2995000 Par
$2000 000 Par
$1065000 Par
$5500000 Par
$5983000 Par
$24000000 Par
$9000000 Par
$3981000 Par
$3285 000 Par
$267274000 P,..
$50 000000 Par
$26 380000 Par
$10000000 Par
St8 751000 Par
$7414000 Par
S64 779 000 Par
$t08 676 000 Par
$17 949 000 Par
S400000000 Par
$75000000 Par
$36 000 000 Par
$18980 000 Par
$26 440 000 Par
$57000000 Par
$45000000 Par
$20600000 Par
$73000000 Par
$32538000 Par
$38263000 Par
$2550000 Par
$11730000 Par
$15000000 Par
$10000 000 Par
$4 120000 Par
$1747000 Par
$3800000 Par
$8000000 Par
$6 900000 Par
$4 500000 Par
$5658000 Par
$146053000 Par
$20749000 Par
$3000000 Par
$50 000000 Par
$20093000 Par
$12000000 Par
$11000000 Par
$13000000 Par
$3268000 Par
$111000000 Par

21
21
21
21
21
21
21
21
21
21
21
21
21
21
21
21
21
21

21
21
21
21
21
31
21

21
21
21
21
21
21
21
21
21
21
21
21
21
21
21
21
21

112312009
112312009
112312009
112312009
112312009
112312009

Princeton National Ban""'" Inc.
AB&T Financial Comoration
First Citizans Banc Com
WSFS Financial Comoration
Commonwealth Business Bank
Seaside National Bank & Trust

112312009
112312009
112312009
112312009
112312009
112312009
112312009
112312009
112312009
112312009
112312009
1/2312009
112312009
112312009
112312009
112312009
113012009
113012009
113012009
113012009
113012009
113012009
1/3012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113l112009
113012009
113012009
113012009
113012009
113012009
113012009
1/3012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009
113012009

CalWest Ban""'"
Fresno First Bank
First ULB Coro.
Alarion Financial SlIVicas Inc.
Midland States Bancom Inc.
Moscow Bancshares Inc.
Fanmers Bank
California Oaks State Bank
Pierce Counlv Bancom
Calvart Financial Corooration
Liberlv Bancshares Inc
Cmsstown Holdina Comnany
BankFirst Caoital Corooration
Southern Illinois Bancom Inc.
FPB Financial Com.
Stonebridne Financial Com.
Peooles Bancom Inc.
Anchor BanCom Wisconsin Inc.
Par1<e Bancorc. Inc.
Central Viminia Bankshares Inc.
Flaastar Bancom Inc.
Middlebura Financial Corooration
Peninsula Bank Holdina Co.
PrivateBancorD. Inc.
Central Valley Communilv Bancora
Plumas Bancorc
Stewardshio Financia' Corooration
Oak Ridae Financial SlIVicas Inc.
First Uniled COrDoration
Communilv Partners Ban""'"
Guarantv Federal Baneshares Inc.
AnnaMlis Bancom Inc
DNB Financial Corooration
Firstbank Coraoration
ValleY Commerce Bancom
Grear Bancshares Incorcorated
O'ai Community Bank
Adbanc Inc
Beach Business Bank
Leoaev Bancorc. Inc.
Irst SOulham Bancora. nc
Countrv Bank Shares Inc.
Katahdin Bankshares COrD.
Raoers Bancshares Inc.
UBT Bancshares Inc.
Bankers' Bank of the West Bancoro. Inc.
W.T.B. Financial Comoration
AMB Financial Corc.
Goldwater Bank N.A.
Eouitv Baneshares Inc.
WashinotonFirst Bank
Central Baneshares Inc.
Hilltoo Communitv Bancorc. Inc.
NorthwaY Financial Inc.
Monument Bank
Metra Cilv Bank
F & M Bancshares Inc.
First Resource Bank

Princeton
Gastonia
SanduskY
Wilminaton
Los Anoeles
Orlando
Rancho santa
Marcarita
Fresno
Oakland
ocala
Effinaham
Moscow
Windsor
Thousand Oaks
Tacoma
Ashland
Jonesboro
Blaine
Macon
Carmi
Hammond
West Chester
Marietta

Madison
Sewall
Powhatan
Tmy
Middlebura
Palo Alto
Chicaao

Fresno
Quincv
Midland Par1<
Oak Ridne
Oakland
Middletown
Sorinafield
Annaoolis
Downinatown
Alma
Visalia
Greer
Oiai
caallala
Manhattan Beacih
Milwaukee

Bclca Raton
Milford
Houllon
Little Rock
Marysvilla
Denver
SMkane

Munster
Scottsdale
Wichita
Reston

Houston
Summit
Bertin
Bethesda
Doraville

Trezevant
Exton

IL
NC
OH
DE
CA
FL

Purchase
Purchase
Purchase
Purchase
Purchase
Purchase

Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants

CA
CA
CA
FL
IL
TN
VA

Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchasa
Purchasa
Purchasa
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purcha'se
Purchase
Purchase
IPurchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase

Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferrad Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Prefl!rred Stock wlWarrants
Prefl!rred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock
IPreiarred stock w' !:xerased warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wi Exercised Warrants

CA
WA
MO
AR
MN
MS
IL

LA
PA
OH
WI
NJ
VA
MI
VA
CA
IL

CA
CA
NJ
NC
MD
NJ
MO
MD
PA
MI

CA
SC

CA
NE

CA
WI
L
NE
ME
AR
KS
CO
WA
IN

AZ.
KS
VA
TX
NJ
NH
MD

GA
TN
PA

TOTAL

I

525083000
13.500 000
523184 000
552625000
57701000
55677 000

$4 656 000 Par
51968 000 Par
$4.900 000 Par
$6 514 000 Par
510189000 Par
$6 216 000 Par
sa 752 000 Par
13 300000 Par
$6 800 000 Par
51037000 Par
557500000 Par
510650000 Par
515500000 Par
S5000 000 Par
53240000 Par
510973000 Par
539000000 Par
$110000000 Par
$16288000 Par
$11385000 Par
$266657000 Par
$22000000 Par
$6 000 000 Par
$243 815 000 Par
$7000 000 Par
$11949000 Par
510000000 Par
S7700000 Par
530000000 Par
$9000000 Par
$17 000 000 Par
sa 152 000 Par
$11750000 Par
533.000 000 Par
7700 000 Par
9993000 Par
$2080000 Par
$12720000 Par
$6.000 000 Par
$5 498 000 Par
510.911 000 ar
S7525000 Par
$10449000 Par
$25000000 Par
$8950 000 Par
$12639000 Par
$110 00 000 Par
$3674000 Par
52568000 Par
$8750000 Par
$6633000 Par
55800000 Par
$4 000 000 Par
S10 000 000 Par
$4 734000 Par
S7700000 Par
$4 609 000 Par
S2600000 Par

$195,328,219,000

I

11 This transaction was Included In pravJous Transaction Rep<>rts wilh Morrin Lynch & Co.. Inc. bled as the qualifying ins1itutJon and a 1012812008 transa<1lon date. footnoted to Incrocate that settlement was
deferred pending melller. The purchase of Morrin Lynch by Bank of America was completed on 11112009. and this transaction _erthe CPP was funded on 11912009.

21 Privately-held qualified financial institution; Treasury received a warrant to purchase additional shares of preferred stock. which ft exercised Immediately.
31 To promote community development f"ancial institutions (CDFls), Treasury does not require warrants as part of its investment in certified COFls when the SiZe Of the investment is $SO miUlon or less.

14

Par
Par
Par
Par
Par
Per

VII. TRANSACTION REPORT CONTINUED
SYSTEMICALLY S1GNIACANT FAILING INSTlTUnONS

sener

I

I

Dlte
1112512008 AIG

Name of Institution

I

City
NewYorl<

I

Slate

NY

TrlnSlctionType
Purchase

Description
Preferred Stock wi Warrants

Pricing
Price Plld
Mechanism
$40 000 000 000 Par

AUTOMOTIVE INDUSTRY FINANCING PROGRAM

senor
Date

City

Name of Institution

Slate

Description

Trans.ction Tvoe

Pricing
Mechanism

Amount

Uquidalion
11
21

31

12129/2008 GMACLLC
1212912008 General Motors Corooration
1213112008 General Motors Cof1X)ration
1/212009 Chrvsler Holding LLC
1/1612009 Chrvs5er Rnancial Services Americas lLC

Deltoil

Purchase

Detro~

Purcha..

MI
MI
Detro~
MI
Auburn Hills MI
F.minaton Hills MI

Purchase
Purchase
Purchase

Preferred Stod< wi Exercised Werrants
Debt Obligation
Debt Obligation wi Warrants and Additional Note
Debt Obligation wi Additional Note
Debt Obligation wi Additional Note
TOTAL

$5,000,000,000
$884 024131
$9 400 000 000
$4,000 000 000
$1,500000000

Preference
NlA
NlA
NlA
NlA

$20,784,024,131

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 finalltv.1 at funding.
21 The Amount indudes $4,000,000,000 funded on December 31, 2008, and $5,400,000,000 funded on January 21, 2009; ~ does not indude an additional loan of $4,000,000,000, which is contingent
on Treasury's authority under sedion 115(a) of EESA.

31 The loan was funded through Chrysler LB Receivables Trust, a special purpose vehicle created by Ct'wysler Financial. The Amount of $1,500,000,000 represents the maximum loan amount. The loan
will be inctementally funded.

TARGETED INVESTMENT PROGRAM

Slnar
Dlte

Name of Institution

1213112008 Citigroup Inc.
1/1612009 Bank of America CorJ)Oralion

I

Cilv
NewYorl<
Charlotte

I

Pricing

Stale
NY
NC

Transaction TVDe
Purchase
Purchase

Descriotlon
Preferred Stodt wi Warrants
Preferred Stodt wi Warrants
TOTAL

Mechanism
Price Paid
$20 000 000 000 Par
$20 000 000,000 Pw
$40,000,000,000

ASS£T GUARANTEE PROGRAM
Sellar
Date

Name of lnstitutlon

1/1612009 Citigroup Inc.

I

CIty

INewYOrl<

I

Premium
Slate

INY

Transaction TYDe
Guarantee

Description

Second-Loss Guarantee on Asset Pool
TOTAL

15

Guarantee Limit

Recolved
Preferred Stodt

$5,000,000000 and Warrants
$5,000,000,000

I

VIII. PROJECTED COSTS AND LIABILITIES
Section l05(a)(3)(E)
Projected Costs and Liabilities [Section 105(a)(3«E)]
For Period Ending January 31,2009

Type of Expense/Liability

Amount

None

Note: Treasury interprets this reporting requirement as
applicable to costs and liabilities related to insurance
contracts entered into under the provisions of section 102 of
the EESA; and the single insurance contract with Citigroup is
structured such that no costs are anticipated, Le. the currently
anticipated cash inflows of the contract slightly exceed
anticipated cash outflows.

The subsidy rate for this guarantee is determined to be -0.25
percent. Per EESA section 102(c)(3), premiums shall be set
at a level necessary to meet anticipated claims. To ensure
that the guarantee remains compliant with section 102(c)(3),
the Master Agreement provides for post-signing adjustments
including additional Citigroup preferred stock, a reduction of
the covered asset pool, and/or an increased Citigroup
deductible (section 5.2 of the Master Agreement). Under this
section of the agreement, the subsidy rate will be reassessed
once the loan pools are finalized and details are provided to
Treasury (changes in the composition of assets are
expected). Citigroup must either transfer more preferred
stock or absorb more in first losses (it is unlikely the size of
the asset pool would be reduced), if it is found that the risks
of the assets in the loan pool exceed those estimated today
and would not meet the requirements of EESA section
102(c)(3). This "true-up" would occur over the next 9 months.

16


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102