Full text of Troubled Asset Relief Program (TARP) : Monthly 105(a) Report : Initial Section 105(a) Troubled Asset Relief Program Report to Congress, For the Period of March 1, 2009 to March 31, 2009

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UNITED STATES DEPARTMENT OF THE TREASURY
SECTION 105(a) TROUBLED ASSETS RELIEF PROGRAM
REPORT TO CONGRESS
FOR THE PERIOD
MARCH 1,2009 TO MARCH 31, 2009
I. OVERVIEW
During the reporting period of March 1 to March 31, 2009, the Department of the Treasury
(Treasury) continued to develop, launch, and implement a number of programs under the
Troubled Assets Relief Program (TARP) and the Financial Stability Plan (FSP) pursuant to the
goals of the Emergency Economic Stabilization Act of 2008 (EESA). Every program established
by Treasury under the TARP is aimed at stabilizing the financial system and restoring liquidity,
enabling the flow of credit to consumers and businesses and restoring economic growth. These
measures include actions to stabilize systemically important financial institutions, promote the
availability of credit to consumers and small businesses, reduce preventable foreclosures, and
promote the transparency of programs under the TARP. Given the critical role played by
financial institutions and markets in the U.S. economy, financial stability is a necessary
precondition to the resumption of normal economic activity. Specifically, during this reporting
period, Treasury took the following steps:
•

Auto Supplier Support Program - Treasury enhanced its support for the nation's
automotive industry with the announcement on March 19,2009, of its $5 billion Auto
Supplier Support Program, aimed at stabilizing the auto supply base and restoring credit
flows in this critical sector of the American economy.

•

Consumer and Business Lending Initiative (CBLI) - On March 3,2009, the Federal
Reserve operationalized the Term Asset-Backed Securities Loan Facility (TALF), a key
component under the CBLI. The TALF is run by the Federal Reserve and aimed at
catalyzing the securitization markets, a critical component of the financial system and
source of low cost credit to consumers and businesses. The first tranche of subscriptions
under this important facility closed on March 19,2009, with additional subscription
periods to follow on a monthly basis.

•

Home Affordable Modification Program - On March 4,2009, Treasury issued detailed
guidelines on the refinance and modification programs for residential mortgage loans.
These programs are designed to offer assistance to as many as three to four million
homeowners making a good-faith effort to make their mortgage payments.

•

Public-Private Investment Program (PPIP) - On March 23, 2009, Treasury announced
further details of the two part PPIP, which is designed to help financial institutions
remove from their balance sheets both real estate loans and securities backed by loan
portfolios, often referred to as legacy assets. Using $75 to $100 billion in TARP capital
and capital from private investors, the PPIP will generate up to $500 billion in purchasing
power to buy legacy assets.

•

Warranty Commitment Program - In releasing its assessment of the viability plans
submitted by General Motors (GM) and Chrysler, the Administration announced on
March 30, 2009, that Treasury will provide government-funded protection for warranties
issued by auto manufacturers that are in the process of restructuring.

Furthermore, on March 30, 2009, the Presidential Task Force on the Auto Industry determined
that the restructuring plans submitted by GM and Chrysler did not result in viable companies.
For GM, the Task Force determined that a path to viability for the Company was possible only
through a more significant operational and financial restructuring. The Task Force set a deadline
to complete this restructuring at June 1,2009. Treasury has agreed to provide a modest amount of
additional funding for continued operations until that date.
For Chrysler, the Task Force determined that a path to viability for the Company was possible
only through a partnership or alliance with another large automotive manufacturer. The most
likely alliance is with Fiat, SpA, a European automobile manufacturer. The Task Force set a
deadline to enact a binding deal with Fiat or another partner and submit a viable business plan
for the alliance at May 1, 2009. Treasury has agreed to provide a modest amount of additional
funding for continued operations until that date.
On March 2,2009, Treasury and the Federal Reserve announced a restructuring of the
government's assistance to American International Group, Inc. (AIG) in order to stabilize the
systemically important company in a manner that best protects the U.S. taxpayer.
Treasury maintained its commitment to implementing the TARP and the FSP with the highest
degree of transparency and accountability possible. On March 16,2009, Treasury published the
second Monthly Intermediation Snapshot, providing information from Treasury's monthly
survey of lending and intermediation activities ofthe top 21 recipients of government investment
through the Capital Purchase Program (CPP). The March Snapshot illustrated that the nation's
largest banks continued to originate, refinance, and renew loans in January 2009, despite
significant headwinds associated with the economic downturn and unprecedented financial crisis.
For example, the survey found that residential mortgage origination volume increased from
December 2008, largely as a result oflower mortgage interest rates. Originations in other areas
of consumer lending, which include small business, auto, student, and other consumer loans, also
increased, driven largely by seasonal demand for student lending. In contrast, the level of
commercial and industrial lending contracted from the prior month due in large part to lower
demand from businesses, who cited the economic downturn and their focus on preserving
liquidity and strengthening their balance sheets. On March 20, 2009, Treasury sent letters to all
CPP recipients requesting monthly data on lending. The first responses, containing February and
March data, are due to Treasury on April 30.
On March 31, 2009, Treasury significantly enhanced efforts to communicate to the public and to

Congress about its actions and programs to stabilize the financial system by launching
www.FinancialStability.gov, a website containing comprehensive, user-friendly information
about all of Treasury's programs launched under the EESA.

II. REPORTING REQUIREMENTS
This is Treasury's fifth Section 105(a) Troubled Assets ReliefProgram Report to Congress
(TARP Report) required by the EESA. Treasury transmitted its fourth TARP Report to Congress
on March 6,2009, covering activities through February 28,2009. This TARP Report covers the
following activities listed in EESA section 105(a) that occurred in March:
•

•
•

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.

ill. PROGRAMS AND INITIATIVES
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. In March,
Treasury announced two new programs under the AIFP: the Auto Supplier Support Program and
the Warranty Commitment Program.
On March 19,2009, Treasury released details and eligibility information for the Auto Supplier
Support Program. This program will provide domestic auto suppliers access to governmentbacked protection for accounts receivable attributable to products they ship to auto
manufacturers. Participating suppliers will be able to sell their matured receivables into the
program at a modest discount, or to enhance their liquidity by selling the receivables before
maturing for an additional discount. The program is expected to help unlock credit more broadly
in the supplier industry.

All auto suppliers that ship to and are sponsored by participating auto manufacturers on
qualifying commercial terms may be eligible to participate in the program. Any auto
manufacturer is eligible to participate in the program, although only OM and Chrysler have
elected to participate. Participating auto manufacturers will decide which suppliers and
receivables will receive protection.
3

Auto manufacturers that choose to participate in the program will request an allocation from
Treasury to provide government-backing, and then will work with a third-party servicer to
establish a receivables purchase program. Participating auto manufacturers will be required to
make a financial commitment in connection with the allocation they receive from Treasury. Any
receivable created with respect to goods shipped after March 19,2009, that is made on
qualifying commercial terms between a participating supplier and a participating auto
manufacturer, will be eligible for the program. OM and Chrysler have already agreed to
participate in the program and will have fully operational purchase programs established shortly.
On March 31, 2009, as part of its assessment of the viability plans submitted by OM and
Chrysler, the Administration announced the Warranty Commitment Program, which 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 OM and Chrysler have already indicated their intention to participate in the
program.
Complete details about AIFP are available on Treasury's website at:
http://www.financialstability.gov/roadtostabilitY/autoprogram.html.
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.
Between March 1 and March 31, 2009, Treasury purchased $2.0 billion in senior preferred
shares from 65 financial institutions through the CPP. From the launch of the CPP in October
2008 through March 31, 2009, Treasury has invested a total of $198.8 billion in senior preferred
shares in 532 financial institutions in 48 states, the District of Columbia, and Puerto Rico. To
date, Treasury has received over $2.5 billion in dividends from CPP investments. Treasury
designed the CPP to include every banking community in the country, and the 532 institutions
Treasury has funded under the CPP include small, community, regional, and national banks, as
well as Community Development Financial Institutions. The application deadline for publiclyheld institutions was November 14,2008; for eligible privately-held financial institutions, it was
December 8, 2008; and for Subchapter S 'corporations, it was February 13,2009. The nation's
federal banking regulators are evaluating all CPP applications and continue to send qualifying
applications to Treasury for final approval.
On March 31, 2009, Treasury received $353 million in principal and $2.3 million in accrued
dividends from the repurchase of senior preferred shares by five financial institutions that
participated in the CPP. Treasury will continue to work with federal banking regulators to
4

evaluate requests from CPP participants interested in repaying Treasury.
Complete details about the CPP are available at:
http://www.financialstability.gov/impact/index.html.
Consumer Business and 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 and the
Federal Reserve operationalized 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 questions and answers for the first funding of Federal Reserve loans to
eligible borrowers. The- TALF is a Federal Reserve 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.
Treasury, through the TARP, provides credit protection to the Federal Reserve to support lending
through the TALF. Specifically, Treasury will provide $20 billion ofTARP funds to the Federal
Reserve and the Federal Reserve 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. TALF loans
will have a term of three years and will be secured solely by eligible collateral. Haircuts - a
percentage reduction used for collateral valuation - will be determined based on the riskiness of
each type of eligible collateral and the maturity ofthe eligible collateral pledged to the Federal
Reserve. The haircuts will provide additional protection to taxpayers by protecting the Federal
Government from loss.
On March 17,2009, the Federal Reserve began to accept subscriptions for funding from eligible
owners of certain AAA-rated ABS. The subscription period closed on March 19, 2009, and
funding for those loans took place on March 25, 2009. Funding of these eligible securitizations
will continue, on a monthly basis, through December 2009, or longer if the Federal Reserve
chooses to extend the facility. Total subscriptions received for the first funding of Federal
Reserve loans from eligible borrowers at the March 17-19 operation was $4.7 billion.

To promote accountability and oversight for the current facility, the Federal Reserve 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 Federal Reserve published the dates for the second funding of Federal
Reserve loans, which will take place in April. The Federal Reserve also announced that the

TALF will be expanded 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.
Complete details on CBLI are available at:
http://www.financialstability.gov/roadtostabilitvJlendinginitiative.html, and complete details on
the TALF are available at: http://www.newyorkfed.orglmarkets/talf.html.
Efforts to Unlock Credit for Small Businesses
On March 16,2009, Treasury released details on an initiative to unlock credit for small
businesses as part of the Consumer and Business Lending Initiative. Through this program,
Treasury is committing up to $15 billion through TARP to unfreeze secondary markets that
support the Small Business Administration's (SBA) 7(a) and 504 lending programs. This
initiative leverages new measures implemented under the American Recovery and Reinvestment
Act of2009 (Recovery Act) that temporarily raise the maximum guarantees for 7(a) loans and
eliminate certain fees for 7(a) and 504 loans, enhancing the availability of credit to entrepreneurs
and business owners.
As part of this program, Treasury will stand ready to purchase securities backed by 7(a) loans
packaged since July 1, 2008. Treasury has hired an investment manager who will be authorized
to purchase these securities on behalf of Treasury. These purchases will help clear the backlog
of securities that has built up since the beginning of the credit crisis last year, providing pool
assemblers and banks with a source ofliquidity so that new lending can occur. Treasury will
also be prepared to purchase new 7(a) securities packaged before December 31, 2009, when its
authority under the EESA expires. By making this pledge, Treasury provides assurances to
community banks and other lenders that they can sell the new 7(a) loans they make, providing
them with cash they can use to extend even more credit.
In order to unlock credit markets for the SBA's 504 program, Treasury will also make direct
purchases of securities packaged from 504 first lien mortgages. As part of this effort, Treasury
will begin purchasing securities packaged on or after July 1, 2008, that meet eligibility criteria
designed to protect taxpayers. In addition, Treasury will prepare to buy 504 first lien mortgage
securities that receive new SBA guarantees. Under the Recovery Act, SBA is working to
develop a secondary market guarantee program for securities issued from pooled 504 first lien
mortgage loans. Once this program is fully implemented by the SBA, Treasury will be ready to
purchase these government-guaranteed securities.

Complete details on our efforts to unlock lending for small businesses are available at:
http://www.financialstability.gov/roadtostabilitvJsmallbusinesscommunity.html.
Making Home Affordable
On March, 4, 2009, the Treasury released program guidelines on Making Home Affordable, a

component of the Administration's Homeowner Affordability and Stability Plan announced in
6

February 2009. Making Home Affordable includes two separate programs: the Home
Affordable Refinance Program and the Home Affordable Modification Program. Together, these
programs 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.
The Home Affordable Refinance Program is targeted to eligible borrowers who are current on
their mortgages, but have been unable to take advantage oftoday's lower interest rates because
their homes have decreased in value. Through the program, these homeowners may have the
opportunity to refinance into a 30- or IS-year, fixed-rate loan. This refinancing program is
limited to mortgage loans held in portfolio or securitized by Fannie Mae or Freddie Mac. Fannie
Mae and Freddie Mac will use $25 billion of their own funds to cover the cost of the Home
Affordable Refinance Program.
Treasury will use up to $50 billion ofTARP funds to fund the Home Affordable Modification
Program, the second component of Making Home Affordable. This program will help borrowers
avoid foreclosure by modifying at-risk mortgage loans to achieve a payment the borrower can
afford. To protect taxpayers and ensure sound loan modifications, borrowers must complete a
three-month trial modification prior to the modification becoming firm. Borrowers must meet
several eligibility requirements to participate in the program: (1) the mortgaged property must be
the borrower's primary residence; (2) the current monthly mortgage loan payment must be
greater than 31 percent of the borrower's monthly gross income; (3) the mortgage loan amount
must not exceed current Fannie Mae and Freddie Mac conforming loan limits; and (4) the loan
must have been originated on or before January 1, 2009.
To encourage foreclosure mitigation efforts under the Home Affordable Modification Program,
mortgage servicers will receive an up-front fee of$I,OOO and "pay for success" fees of$I,OOO
per year for eligible loan modifications for up to three years. The program also will provide onetime bonus incentive payments of $1 ,500 to lenderlinvestors and $500 to servicers for
modifications made while a borrower is still current on mortgage payments. In addition,
borrowers who continue to stay current on their mortgages are eligible for up to $1,000 of
principal reduction payments each year for five years.
Fannie Mae and Freddie Mac will be responsible for monitoring compliance by servicers with
the program, subject to oversight by Treasury.
Complete details about the Making Home Affordable program are available at
http://www.makinghomeaffordable.gov and
http://www.financialstability.gov/roadtostability/homeowner.html.
Public-Private Investment Program
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
7

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.
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 troubled 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
comb~ne a Federal Deposit Insurance Corporation (FDIC) guarantee of debt financing with
equity capital from the private sector and Treasury to support the purchase of troubled 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).
Complete details on PPIP are available at:
http://www.financialstability. gov/roadtostabilitylpublicprivatefund.html.
Systemically Significant Failing Institutions Program
The Systemically Significant Failing Institution Program (SSFI) is intended to provide stability
and prevent disruptions to financial markets from the failure of a systemically significant
institution. Treasury provided assistance to American International Group, Inc. (AIG) under the
SSIF Program in November 2008.
On March 2,2009, Treasury and the Federal Reserve announced a restructuring of the
government's assistance to AIG with the goal of enhancing the company's capital and liquidity
in order to facilitate the orderly completion of the company's global divestiture program.
Specific components of the restructuring announcement include:
•

Treasury will exchange its existing $40 billion cumulative perpetual preferred shares
8

for new preferred shares with revised tenns that more closely resemble common equity,
improving the quality of AIG's equity and its financial leverage. The new tenns will 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 will create a new equity capital facility, which will allow AIG to draw down
up to $30 billion as needed over time in exchange for non-cumulative preferred stock
to the U.S. Treasury. This facility will further strengthen AIG's capital levels and
improve its leverage.

•

The Federal Reserve will take several actions relating to the Revolving Credit Facility for
AIG, established by the Federal Reserve 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 infonnation on the AIG restructuring plan is available at:
http://www.financialstability.gov/latest/tg44.html.

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 ofthe 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.

Neel Kashkari
Interim Assistant Secretary
Office of Financial Stability

V. TARP ADMINISTRATIVE EXPENSES
United States Department of Treasury
Office of Financial Stability

Report of Administrative Obligations and Expenditures

For PertocI EndIng

For PertocI Ending

ilardi 31, 2009

~,
PERSONNEL SERVICES
NON-PERSONNEL
SERVICES

Budget
Oblect Class
1100 & 1200

Budlle! Object Class Title

Oblillations

IPERSONNEL COMPENSATION & BENEFITS

2100
2200
2300
2400
2500
2600
3100
3200

LAND & STRUCTURES
MEL lERVICES ToIIII:

., • •

EXDenditures

Projected
ExDendltures

$3 830 093

PERSONNEL SERVICES ToIIII:
TRAVEL & TRANSPORTATION OF PERSONS
TRANSPORTATION OF THINGS
RENTS COMMUNICATIONS UTILITIES & MISC CHARGES
PRINTING & REPRODUCTION
OTHER SERVICES
SUPPLIES AND MATERIALS
EQUIPMENT
N

A&d'30,2OO9
Projected
Oblillations

$2902514

S3.83O.083

S2.902.514

28,714

19,831

45000

598902

534152

1500000

395
25,186,838
209,446

395
9,567,209
87,790
89.887

400
32,000,000
155,000
143,000

650,000
400
11,000,000
110,000
90,000

97522

104000

89.887
103878
'f2I,21S.......

. II':

$4200000

~10,3llll,785

$3 500 000

,S3.:5Cro.OOO

100000

S1'.lI8llAOO·

'II

VI. DETAILED FINANCIAL STATEMENTS
Section l05(a)(3)(A)
U.S. Treasury Department
Office of Financial Stability

=:I

Troubled Asset Relief Program

,Date
Approved
or Renewed

1-t--

Agreements Under TARP [Section 105(aX3)(A)}

10/10/2008
10/11/2008
10/14/2008
10/16/2008
10/18/2008
10/23/2008
10/29/2008
10/29/2008
10/31/2008
11/7/2008
11/14/2008
11/14/2008
121312008
1215/2008
1215/2008
12110/2008
1211212008
12115/2008
12124/2008
1/6/2009
1/7/2009
1/9/2009
1/27/2009'
1/27/2009
21212009
219/2009
211212009
2118/2009
2118/2009
2120/2009
2120/2009
212212009
31612009
3116/2009
3123/2009
3130/2009
3/30/2009
3/30/2009
3/30/2009
3131/2009

Type of
Transaction

-+-

For Period Ending March 31, 2009

Vendor

- - - .....
Purpose

BPA
Simpson, Thacher & Bartlett
Legal Services
BPA
EnnisKnupp
In-.estment and Advisory Services
Financial Agent Bank of New York Mellon
Custodian and Cash Mangement
BPA
PricewatemouseCoopers
Intemal Control Services
BPA
Emst & Young
Accounting Services
IAA
GSA - Tumer Consulting·
Archiving Services
BPA
Hughes Hubbard & Reed
Legal Services
BPA
Squire Sanders & Dempsey
Legal Services
Contract
Lindholm & Associates·
Human Resources Services
BPA
Thacher Proffitt & Wood'"
Legal Services
IAA
Securities and Exchange Commission
Detailees
Procurement esc Systems and Solutions
IT Services
IAA
Trade and Tax Bureau - Treasury
IT Services
IAA
Department of Housing and Urban Dewlopment
Detailees
Procurement Washington Post
Vacancy Announcement
BPA
Thacher Proffitt & Wood··
Legal Services
IAA
Pension Benefit Guaranty Corp.
Legal Services
IAA
Office of Thrift Supervision
Detailees
Procurement Cushman and Wakefield of VA, Inc.
Painting
IAA
Office of the Controller of the Currency
Detailees
Procurement Colonial Parking
Parking
IAA
Intemal Rewnue Service
Detailees
BPA
Cadwalader Wickersham & Taft, LLP
Legal Services
Procurement Whitaker Brothers Bus. Machines - - - Office Machines
IAA
Gowmment Accountability Office
~rsight
--Contract
~t Taylor and Associates, Inc·~mporary
Employee Services
Contract
Locke Lord Bissell & Lidell LLP
Legal Services
Homeownership Program
Financial Agent Freddie Mac
Homeownership Program
Financial Agent Fannie Mae
IAA
Congressional Q-.ersight Panel
Q-.ersight
Contract
Simpson, Thacher & Bartlett
Legal Services
Contract
Venable LLP
Legal Services
Contract
Boston Consulting Group
Management Consulting Support
Financial Agent EARNEST Partners
Asset Mangement Services
Procurement Heery Intemational Inc.
Architects
Contract
McKee Nelson, LLP
Legal Services
Contract
Sonnenschein Nath & Rosenthal
Legal Services
Contract
Cadwalader Wickersham & Taft, LLP
Legal Services
Contract
Haynes and Boone LLP
Legal Services
BPA
FI Consulting·
Modeling and Analysis

...

• Small or Women-, or Minority-Qwned Small Business
··Contract responsiblities assumed by Sonnenschein Nath & Rosenthal via novation.

-------------1

VI. DETAILED FINANCIAL STATEMENTS, CONTINUED
Section 105(a)(3)(B)

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

Name

Amount

Citigroup

$5,000,000,000

Section 105(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 March 31, 2009

Type of Expense

Amount

Compensation for financial
agents and legal firms

$19,074,354

VI. DETAILED FINANCIAL STATEMENTS, CONTINUED
Section l05(a)(3)(H)

I
U.S. Treasury Deparnnent
Office of Financial Stability

I
Troubled Asset Relief Program

Description of Vehicles Established [Section 105(a)(3)(H»

Date

For Period Ending March 31, 2009

Vehicle

Description

None

VII. PROJECTED COSTS AND LIABILITIES
Section l05(a)(3)(E)

U.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Projected Costs and Liabilities [Section 105(a)(3)(E)]
For Period Ending March 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,
i.e. the currently anticipated cash inflows of the contract
slightly exceed anticipated cash outflows.

The subsidy rate for this insurance contract 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 7 months.

vm. TRANSACTION REPORTS
Section l05(a)(3)(C), (D), and (G)

•
16

U.S. Treasury Department
Office of Financial Stability
Troubled As••t Rell.f Program
Transactions Report

For P.rlod Ending March 27, 2009
CAPITAL PURCHASE PROGRAM
S.II.r
Foot
nato

Date
10/28/2008
10/28/2008
10/28/2008
10/2812008
10/28/2008
10/28/2008
10/28/2008
10/2812008
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
11121/2008
11/21/2008
11/21/2008
11121/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11121/2008
11121/2008
11/21/2008
11121/2008
11121/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/2112008
11/21/2008
1215/2008

Name of Institution
Bank of America Corooration
Bank of New York Mellon Corooration
Citiarouo Inc.
The Goldman Sachs Grouo. Inc.
JPMoraan Chase & Co.
Moraan Stanlev
State Street Corooration
Wells Farao & Comoanv
Bank of Commerce Holdinas
1st FS Corooration
UCBH Holdinas, Inc.
Northern Trust Corooration
SunTrust Banks, Inc.
Braadwav Financial Corooration
Washinllton Federal Inc.
BB&TCoro.
Provident Bancshares Coro.
Umoaua Holdinlls Coro.
Comerica Inc.
Rellions Financial Coro.
Caoital One Financial Corooration
First Horizon National Corooration
Huntinllton Bancshares
KevCoro
Vallev National Bancoro
Zions Bancorooration
Marshall & IIsley Corooration
U.S. Bancora
TCF Financial Corooration
First Niaaara Financial Grauo
HF Financial Coro.
Centerstate Banks of Florida Inc.
City National Corooration
First Community Bankshares Inc.
Western Alliance Bancorooration
Webster Financial Corooration
Pacific Caoital Bancoro
Heritalle Commerce Coro.
Ameris Bancoro
Porter Bancoro Inc.
Banner Corooration
Cascade Financial Corooration
Columbia Bankinll System, Inc.
Heritage Financial Corooration
First PacTrust Bancoro, Inc.
Severn Bancoro. Inc.
Boston Private Financial Holdinas, Inc.
Associated Banc-Coro
Trustmark Corooration
First Community Corooration
Taylor Capital Group
Nara Bancoro, Inc.
Midwest Bane Holdinas, Inc.

City
Charlotte
New York
New York
New York
New York
New York
Boston
San Francisco
Reddina
Hendersonville
San Francisco
Chicaao
Atlanta
Los Anaeles
Seattle
Winston-Salem
Baltimore
Portland
Dallas
Birrninllham
McLean
Memohis
Columbus
Cleveland
Wayne
Salt Lake City
Milwaukee
Minneaoolis
WaYzata
Lockoort
Sioux Falls
Davenoort
Beverlv Hills
Bluefield
Las Vellas
Waterbury
Santa Barbara
San Jose
Moultrie
Louisville
Walla Walla
Everett
Tacoma
Olvmoia
Chula Vista
Annaoolis
Boston
Green Bay
Jackson
Lexinllton
Rosemont
Los Anaeles
Melrose Park

State
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
SO
FL
CA
VA
NV
CT
CA
CA
GA
KY
WA
WA
WA
WA
CA
MD
MA
WI
MS
SC
IL
CA
IL

Transaction
Type
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

Description
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants

Price Paid
15,000,000,000
3,000,000,000
25,000,000,000
10,000000,000
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
151,500000
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
1,715000000
6,599,000,000
361,172000
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
76898,000
24,000,000
19,300,000
23393,000
154,000,000
525,000,000
215,000,000
11,350,000
104,823,000
67,000,000
84,784,000

Pricing
Mechanism
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 1 of9

Seller
Foot
note

Date

1215/2008
1215/2008
1215/2008
1215/2008
1215/2008
1215/2008
1215/2008
1215/2008
1215/2008

Name of Institution
MB Financial Inc.
First Midwest Bancorp, Inc.
United Community Banks, Inc.
Wesbanco Bank Inc.
Encore Bancshares Inc.
Manhattan Bancorn
Iberiabank Cornoration
Eaale Bancorn, Inc.
SandY Sprina Bancorn, Inc.

1215/2008 Coastal Bankina Companv, Inc.
1215/2008 East West Bancom
1215/2008 South Financial Group, Inc.
1215/2008 Great Southern Bancorn
1215/2008 CathaY General Bancorn
1215/2008 Southern Communitv Financial Corn.
1215/2008 CVB Financial Corn
1215/2008 First Defiance Financial Corn.
1215/2008 First Financial Holdinas Inc.
1215/2008 Superior Bancom Inc.
1215/2008 Southwest Bancom, Inc.
1215/2008 Popular, Inc.
1215/2008 Blue ValleY Ban Corn
1215/2008 Central Federal Cornoration
1215/2008 Bank of Marin Bancoro
1215/2008 Bank of North Carolina
1215/2008 Central Bancoro, Inc.
1215/2008 Southern Missouri Bancoro, Inc.
1215/2008 State Bancoro, Inc.
1215/2008 TIB Financial Coro
1215/2008 Unity Bancoro, Inc.
12152008 Old Line Bancshares, Inc.
1215/2008 FPB Bancoro, Inc.
1215/2008 Sterlina Financial Corooration
1215/2008 Oak Vallev Bancorn
1211212008 Old National Bancorn
1211212008 Caoital Bank Corooration
1211212008 Pacific International Bancoro
1211212008 SVB Financial Group
1211212008 LNB Bancorn Inc.
1211212008 Wilminoton Trust Corooration
1211212008 Susauehanna Bancshares, Inc
1211212008 Sianature Bank
1211212008 HopFed Bancoro
1211212008 Citizens Republic Bancorp, Inc.
1211212008 Indiana Community Bancoro
1211212008 Bank ofthe Ozarks, Inc.
1211212008 Center Financial Corooration
1211212008 NewBridae Bancoro
1211212008 Sterlina Bancshares, Inc.
1211212008 The Bancoro, Inc.
1211212008 TowneBank
1211212008 Wilshire Bancoro, Inc.
1211212008 Vallev Financial Cornoration
1211212008 Indeoendent Bank Corooration
1211212008 Pinnacle Financial Partners, Inc.
1211212008 First Litchfield Financial Corooration
1211212008 National Penn Bancshares, Inc.
1211212008 Northeast Bancoro
1211212008 Citizens South Bankina Corooration
1211212008 Virainia Commerce Bancorn
1211212008 Fidelity Bancorn, Inc.
1211212008 LSB Cornoration
12119/2008 Intermountain Community Bancoro

City
Chicaaa
Itasca
Blairsville
Wheelina
Houston
EI Secundo
Lafavette
Bethesda
Olnev
Femandina
Beach
Pasadena
Greenville
Sprinofield
Los Anoeles
Winston-Salem
Ontario
Defiance
Charleston
Birminoham
Stillwater
San Juan
Overland Park
Fairlawn
Novato
Thomasville
Somerville
Poplar Bluff
Jericho
Naples
Clinton
Bowie
Port SI. Lucie
Sookane
Oakdale
Evansville
Raleiah
Seattle
Santa Clara
Lorain
Wilminaton
Lititz
New York
Hopkinsville
Flint
Columbus
Little Rock
Los Anaeles
Greensboro
Houston
Wilminaton
Porlsmouth
Los Anaeles
Roanoke
Ionia
Nashville
Litchfield
Boyertown
Lewiston
Gastonia
Arlinaton
Pittsburah
Norlh Andover
Sandooint

State
IL
IL
GA
WV

TX
CA
LA
MD
MD
FL
CA
SC
MO
CA
NC
CA
OH
SC
AL
OK
PR
KS
OH
CA
NC
MA
MO
NY
FL
NJ
MD
FL
WA
CA
IN
NC
WA
CA
OH
DE
PA
NY

KY
MI
IN
AR
CA
NC

TX
DE
VA
CA
VA
MI
TN
CT
PA
ME
NC
VA
PA
MA
10

Transaction
Type
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase

Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred

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 wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wIW arrants

Description
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlW arrants
Stock wlW arrants
Stock wlW arrants
Stock wIW arrants

Price Paid

196000,000
193,000,000
180,000,000
75,000,000
34,000,000
1,700,000
90,000,000
38,235,000
83,094,000

Pricing
Mechanism
Par
Par
Par
Par
Par
Par
Par
Par
Par

9,950,000 Par
306,546,000 Par
347,000,000 Par
58,000,000 Par
258,000,000 Par
42,750,000 Par
130,000,000 Par
37,000,000 Par
65,000,000 Par
69,000,000 Par
70,000,000 Par
935,000,000 Par
21,750,000 Par
7225,000 Par
28,000,000 Par
31,260,000 Par
10,000,000 Par
9,550,000 Par
36,842,000 Par
37,000000 Par
20,649,000 Par
7,000,000 Par
5800,000 Par
303,000,000 Par
13,500,000 Par
100,000,000 Par
41,279,000 Par
6,500,000 Par
235,000,000 Par
25,223,000 Par
330,000,000 Par
300,000,000 Par
120,000,000 Par
18,400,000 Par
300,000,000 Par
21,500,000 Par
75,000,000 Par
55,000,000 Par
52,372,000 Par
125,198,000 Par
45,220,000 Par
76,458,000 Par
62,158,000 Par
16,019,000 Par
72,000,000 Par
95,000,000 Par
10,000,000 Par
150,000,000 Par
4227000 Par
20,500,000 Par
71,000,000 Par
7,000,000 Par
15,000,000 Par
27,000,000 Par

Page 2 of9

Seller
Foot
note

2
2
2
3
2
2
2
2
2
2
2
2
2
2

Date

12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12119/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008

Name of institution
Community West Bancshares
Svnows Financial Corp.
Tennessee Commerce Bancom, Inc.
Community Bankers Trust Comoration
BancTrust Financial Groua. Inc.
Entemrise Financial Services Cora.
Mid Penn Bancora, Inc.
Summit State Bank
VlST Financial Com.
Wainwrioht Bank & Trust Comoanv
WhitneY Holdina Comoration
The Connecticut Bank and Trust Comaanv
CoBiz Financial Inc.
Santa Lucia Bancoro
Seacoast Bankina Corooration of Florida
Horizon Bancoro
Fidelitv Southern Corooration
Community Financial Corooration
Berkshire Hills Bancorp, Inc.
First California Financial Group, Inc
AmeriServ Financial, Inc
Security Federal Comoration
Wintrust Financial Comoration
Flushino Financial Comoration
Monarch Financial Holdinos, Inc.
SteliarCne Corooration
Union Bankshares Corooration
Tidelands Bancshares, Inc
Bancoro Rhode Island, Inc.
Hawlhom Bancshares, Inc.
The Elmira Savinas Bank, FSB
Alliance Financial Corooration
Heartland Financial USA, Inc.
Citizens First Corooration
FFW Corooration
Plains Caaital Corooration
Tri-Countv Financial Corooration
OneUnited Bank
Patriot Bancshares, Inc.
Pacific City Financial Corporation
Marauette National Corooration
Exchange Bank
Monadnock Bancoro, Inc.
Bridgeview Bancoro, Inc.
Fidelity Financial Corporation
Patapsco Bancorp, Inc.
NCAL Bancorp
FCB Bancom, Inc.
First Financial Bancom
Bridoe Caaital Holdinas
International Bancshares Corooration
First Sound Bank
M&T Bank Corooration
Emclaire Financial Coro.
Park National Corooration
Green Bankshares, Inc.
Cecil Bancoro, Inc.
Financiallnslilutions, Inc.
Fulton Financial Corooration
United Bancomoration of Alabama, Inc.
MutualFirst Financial, Inc.
BCSB Bancoro, Inc.
HMN Financial, Inc.
First Community Bank Corooration of America

City
Goleta
Columbus
Franklin
Glen Allen
Mobile
S!. Louis
Millersburo
Santa Rosa
Wvomissino
Boston
New Orleans
Hartford
Denver
Atascadero
Stuart
Michiaan City
Allanta
Staunton
Pittsfield
Westlake Villaae
Johnstown
Aiken
Lake Forest
Lake Success
Chesaaeake
Charlottesville
Bowlino Green
M!. Pleasant
Providence
Lee's Summit
Elmira
Syracuse
Dubuoue
Bowlina Green
Wabash
Dallas
Waldorf
Boston
Houston
Los Anaeles
Chicaao
Santa Rosa
Peterborough
Bridgeview
Wichita
Dundalk
Los Anoeles
Louisville
Cincinnati
San Jose
Laredo
Seattle
Buffalo
Emlenton
Newark
Greeneville
Elkton
Warsaw
Lancaster
Almore
Muncie
Baltimore
Rochester
Pinellas Park

State
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
CA
NH
IL
KS
MD
CA

KY
OH
CA

TX
WA

NY
PA
OH
TN
MD
NY
PA
AL
IN
MD
MN
FL

Description
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wIW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
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 wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlWarrants
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock wi Exercised
Preferred Stock.wl Exercised
Preferred Stock wi Exercised
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stack wi Warrants
Preferred Stock wi Warrants
Preferred Stack wi Warrants
Preferred Stack wi Warrants
Preferred Stock wi Warrants
Preferred Stack wi Warrants
Preferred Stock wi Warrants
Preferred Stack wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants
Preferred Stock wi Warrants

Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants

Price Paid
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
64,450000
4,000,000
50,000,000
25,000,000
48,200,000
12,643,000
40,000,000
25,000,000
21,000,000
18,000,000
250,000,000
70,000,000
14,700,000
30000000
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
87,631000
15,540,000
12,063,000
26,038,000
16,200,000
35,500,000
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
7,400000
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
10800000
26,000,000
10,685,000

Page 3 of9

Seller
Foot
note

2
2
2
2
3
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2

2
1

2
2

Date
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12/23/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
12123/2008
1212312008
12123/2008
12123/2008
1212312008
12123/2008
12123/2008
12123/2008
12131/2008
12131/2008
12131/2008
12/31/2008
12131/2008

Name of Institution
Sterlino Bancom
IntelVest Bancshares Comoration
Peooles Bancom of North Carolina, Inc.
Parkyale Financial Comoration
Timberland Bancom, Inc.
1st Constitution Bancom
Central Jersey Bancoro
Western Illinois Bancshares Inc.
Saioon National Bank
Caoital Pacific Bancom
Uwharrie Caoital Com
Mission Valley Bancom
The Little Bank, Incomorated
Pacific Commerce Bank
Citizens Communilv Bank
Seacoast Commerce Bank
TCNB Financial Com.
Leader Bancom, Inc.
Nicolet Bankshares, Inc.
Maona Bank
Western Communilv Bancshares, Inc.
Community InYestors Bancom, Inc.
Caoital Bancom, Inc.
Cache ValleY Bankino Comoany
Citizens Bancom
Tennessee ValleY Financial Holdinos Inc.
Pacific Coast Bankers' Bancshares
SunTrust Banks, Inc.
The PNC Financial Services Grouo Inc.
Fifth Third Bancom
Hamoton Roads Bankshares, Inc.
CIT Group Inc.

12131/2008 West Bancorooration, Inc.
12131/2008 First Banks Inc.
1/9/2009 Bank of America Comoration
1/9/2009 FirstMerit Comoration
1/9/2009 Farmers Caoital Bank Corporation
1/9/2009 Peapack-Gladstone Financial Corporation
1/9/2009 Commerce National Bank
1/9/2009 The First Bancorp, Inc.
1/9/2009 Sun Bancorp, Inc.
1/9/2009 Crescent Financial Corporation
1/9/2009 American Exoress Comoany
1/9/2009 Central Pacific Financial Com.
1/9/2009 Centrue Financial Comoration
1/9/2009 Eastem Viroinia Bankshares, Inc.
1/9/2009 Colony Bankcorp, Inc.
1/9/2009 Indeoendent Bank Corp.
1/9/2009 Cadence Financial Corporation
1/9/2009 LCNB Corp.
1/9/2009 Center Bancorp, Inc.
1/9/2009 F.N.B. Corporation
119/2009 C&F Financial Corporation
1/9/2009 North Central Bancshares, Inc.
1/9/2009 Carolina Bank Holdings, Inc.
1/9/2009 First Bancorp
1/9/2009 First Financial Service Comoration
1/9/2009 Codorus Valley Bancom. Inc.
1/9/2009 MidSouth Bancom, Inc.
1/9/2009 First Security Grouo, Inc.
1/9/2009 Shore Bancshares, Inc.
1/9/2009 The Queensborouah Company
1/9/2009 American State Bancshares Inc.

City
New York
New York
Newton
Monroeville
Hoouiam
CranbulV
Oakhurst
Monmouth
Westminster
Portland
Albemarle
Sun Valley
Kinston
Los Angeles
South Hill
Chula Vista
Dayton
Arlinoton
Green Bay
Memohis
Palm Desert
Bucyrus
Rockville
Looan
Neyada City
Oak Ridoe
San Francisco
Atlanta
Pittsburah
Cincinnati
Norfolk
New York
West Des
Moines
Clayton
Charlotte
Akron
Frankfort
Gladstone
Newoort Beach
Damariscotta
Vineland
Cary
New York
Honolulu
SI. Louis
Taooahannock
Fitzoerald
Rockland
Starkville
Lebanon
Union
Hermitaoe
West Point
Fort Dodge
Greensboro
Troy
Elizabethtown
York
Lafayette
Chattanooaa
Easton
Louisville
Great Bend

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

KY
PA
LA
TN
MD
GA
KS

Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred

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

Description
Stock wi Warrants
Stock wi Warrants
Stock wi Warrants
Stock wi Warrants
Stock wi Warrants
Stock wi Warrants
Stock wi Warrants
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Exercised
Stock wi Warrants
Stock wi Warrants
Stock wi Warrants
Stock wi Warrants
Stock wi Warrants

Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants

Price Paid
42,000,000
25,000,000
25,054,000
31,762,000
16,641,000
12,000,000
11,300,000
6,855,000
1,549,000
4,000000
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

Pricing
Mechanism
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

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
89,310,000
24,900,000
3,388,890,000
135,000,000
32,668000
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
16,500000
20,000,000
33,000,000
25,000,000
12,000,000
6,000,000

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

Page 4 of9

Seller
Foot
note
2
2
2
3
2
2
2
2
2
2
2
2
2
2

2
2

Date
119/2009
1/9/2009
119/2009
119/2009
119/2009
119/2009
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
1/1612009
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
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
1/2312009
1/23/2009
1/2312009
1/23/2009
1123/2009

2
2
2

1123/2009 CalWest Bancorp
1/2312009 Fresno First Bank
1/23/2009 First ULB Com.

2
2
2
2
2
3
2
2
2
2
2
2
2
2
2
2
2
3
2
2

Name of Institution
Security Califomia Bancorp
Security Business Bancorp
Sound Bankino Comoany
Mission Communilv Bancom
Redwood Financial Inc.
Surrey Bancom
Indeoendence Bank
ValleY Communilv Bank
Rising Sun Bancorp
Community Trust Financial Corporation
GrandSouth Bancorporation
Texas National Bancorporation
Conaaree Bancshares, Inc.
New York PriYate Bank & Trust Corporation
Home Bancshares, Inc.
Washinaton Bankina ComoanYI Whidbey Island Ban
New Hamoshire 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 Comoration
Carver Bancom, Inc
Citizens & Northern Comoration
MainSource Financial Grouo, Inc.
MetroCom Bancshares, Inc.
Un~ed Bancoro, Inc.
Old Second Bancom, Inc.
Pulaski Financial Com
OceanFirst Financial Com.
Community 1st Bank
TCB Holdino Comoany, Texas Communilv Bank
Centra Financial Holdinos, Inc./Centra Bank, Inc.
First Bankers Trustshares, Inc.
Pacific Coast National Bancom
Community Bank olthe Bay
Redwood Caoital Bancom
Syrinaa Bancorp
Idaho Bancorp
Puaet Sound Bank
United Financial Bankina Companies, Inc.
Dickinson Financial Corporation II
The Baraboo Bancorporation
Bank of Commerce
Stale Bankshares, Inc.
BNCCORP, Inc.
First Manitowoc Bancorp, Inc.
Southern Bancom, Inc.
Monill Bancshares, Inc.
Treaty Oak Bancom, Inc.
1st Source Comoration
Princeton National Bancom, Inc.
AB&T Financial Comoration
First Citizens Banc Corp
WSFS Financial Corporation
Commonwealth Business Bank
Seaside National Bank & Trust

City
Riverside
San Diego
Morehead City
San Luis Obisoo
Redwood Falls
MountAirv
East Greenwich
Pleasanton
Risina Sun
Ruston
Greenville
Jacksonville
Cayce
New York
Conway
Oak Harbor
Newoort
Bar Harbor
Bernardsville
Columbia
Indiana
Engelhard
San Juan
Dallas
Elkin
New York
Wellsboro
Greensburo
Houston
Tecumseh
Aurora
Creve Coeur
Toms Riyer
Roseville
The Woodlands
Moroantown
Quincy
San Clemente
Oakland
Eureka
Boise
Boise
Bellevue
Vienna
Kansas City
Baraboo
Charlotte
Fargo
Bismarck
Manitowoc
Arkadelphia
Meniam
Austin
South Bend
Princeton
Gastonia
Sandusky
Wilmington
Los Angeles
Orlando
Rancho Santa
Margarita
Fresno
Oakland

IN
IL
NC
OH
DE
CA
FL

Description
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 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
Preferred Stock
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 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 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
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

Purchase
Purchase
Purchase

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

State
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
ID
ID
WA
VA
MO
WI
NC
ND
ND
WI
AR
KS

Price Paid
6,815,000
5,803,000
3,070000
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
400000000
75,000,000
36,000,000
18980,000
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
15,000000
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
13000000
3,268,000
111,000,000
25,083,000
3,500,000
23,184,000
52,625,000
7,701,000
5,677,000

4,656000 Par
1,968,000 Par
4,900000 Par

Page 5 of 9

Seller
Foot
note
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

3
2

Date
1/23/2009
1/2312009
1123/2009
1123/2009
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
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
1130/2009

Name of Institution
A1arion Financial Services, Inc.
Midland States Bancoro, Inc.
Moscow Bancshares, Inc.
Farmers Bank
Califomia Oaks State Bank
Pierce County Bancoro
Calvert Financial Corooration
Libertv Bancshares, Inc.
Crosstown HoldinQ COmDany
BankFirst CaDital Corooration
Southem Illinois Bancoro, Inc.
FPB Financial COrn.
StonebridQe Financial Corn.
PeoDles Bancorn Inc.
Anchor BanCorn Wisconsin Inc.
Parke Bancoro, Inc.
Central VirQinia Bankshares, Inc.
Flaostar Bancoro, Inc.
Middleburo Financial Corooration
Peninsula Bank Holdino Co.
PriyateBancoro, Inc.
Central ValleY Community Bancoro
Plumas Bancoro
StewardshiD Financial Corooration
Oak RidQe Financial Services, Inc.
First United Corooration
Community Partners Bancoro
Guaranty Federal Bancshares, Inc.
Annaoolis Bancoro, Inc.
DNB Financial Corooration
Firstbank Corooration
ValleY Commerce Bancoro
Greer Bancshares Incoroorated
O'ai Communilv Bank
Adbanc, Inc

1/30/2009 Beach Business Bank
1/3012009 LeQacy Bancoro, Inc.
Irs ~oumem tlanCOlll, nco
1130/2009 Country Bank Shares, Inc.
1/30/2009 Katahdin Bankshares COrn.
1/30/2009 ROQers Bancshares, Inc.
1/30/2009 UBT Bancshares, Inc.
1/30/2009 Bankers' Bank of the West Bancoro, Inc.
1/30/2009 W.T.B. Financial COrnoration
1/30/2009 AMB Financial COrn.
1/30/2009 Goldwater Bank, N.A.
1130/2009 Eouity Bancshares, Inc.
1/30/2009 WashinotonFirst Bank
1/30/2009 Central Bancshares, Inc.
1/30/2009 Hilltoo Community Bancoro, Inc.
1/30/2009 NorthwaY Financial, Inc.
1/30/2009 Monument Bank
1/30/2009 Metro City Bank
1/30/2009 F & M Bancshares, Inc.
1/30/2009 First Resource Bank
216/2009 MidWestOne Financial GrouD, Inc.
216/2009 Lakeland Bancorn, Inc.
216/2009 Monarch Communilv Bancoro, Inc.
216/2009 The First Bancshares, Inc.
216/2009 Carolina Trust Bank
216/2009 Alaska Pacific Bancshares, Inc.
216/2009 PGB HoldinQs, Inc.
216/2009 The Freeoort State Bank

City

State
Ocala
FL
Effinoham
IL
Moscow
TN
Windsor
VA
Thousand Oaks CA
Tacoma
WA
Ashland
MO
Jonesboro
AR
Blaine
MN
Macon
MS
Carmi
IL
Hammond
LA
PA
West Chester
Marietta
OH
Madison
WI
Sewell
NJ
Powhatan
VA
Troy
MI
Middlebul'Q
VA
Palo Alto
CA
Chicaoo
IL
Fresno
CA
Quincy
CA
Midland Park
NJ
Oak RidQe
NC
Oakland
MD
Middletown
NJ
SDrinllfield
MO
Annaoolis
MD
Downinotown
PA
MI
Alma
Visalia
CA
Greer
SC
O'ai
CA
OQallala
NE
Manhattan
CA
Beach
Milwaukee
WI
oca Ka on
Milford
NE
Houlton
ME
AR
Liltle Rock
KS
Marysville
CO
Denyer
SDokane
WA
Munster
IN
Scottsdale
AZ.
Wichita
KS
Reston
VA
TX
Houston
NJ
Summit
Bertin
NH
MD
Bethesda
Doraville
GA
Trezeyant
TN
PA
Exton
lowaCity
IA
NJ
Oak Ridge
MI
Coldwater
HattiesburQ
MS
NC
Lincolnton
AK
Juneau
ChicaQo
IL
KS
Harner

Purchase
Purchase
"IJrcnase
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 wi Exercised Warrants
Preferred Stock
e erre ~IOCK w :xerCISBll arrams
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
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stock wlWarrants
Preferred Stack wlWarrants
Preferred Stack wlWarrants
Preferred Stack wlWarrants
Preferred Stock
Preferred Stack wi Exercised Warrants

Description
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wlWarrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants

Price Paid
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
15500000
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
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
33,000000
7,700,000
9,993,000
2,080,000
12,720,000

Pricing
Mechanism
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

6,000,000 Par
5,498,000 Par
ar
7,525,000 Par
10,449,000 Par
25,000,000 Par
8,950,000 Par
12,639,000 Par
110,000,000 Par
3,674,000 Par
2,568,000 Par
8750000 Par
6,633,000 Par
5,800,000 Par
4,000,000 Par
10,000,000 Par
4,734,000 Par
7,700,000 Par
4,609,000 Par
2,600,000 Par
16000,000 Par
59000000 Par
6,785,000 Par
5,000,000 Par
4,000,000 Par
4,781,000 Par
3,000,000 Par
301,000 Par

Page 6 019

Seller
Foot
note
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
2
2
2
2
2
2

2
2
2
2
2
2
2
2
2
2
2
2

Date

216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
216/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2113/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
212012009

2120/2009
2120/2009
2120/2009

Name of Instltution
Stockmens Financial Corporation
US Metro Bank
First Exnress of Nebraska, Inc.
Mercantile Caoital Coro.
Citizens Commerce Bancshares, Inc.
UbertY Financial Services, Inc.
Lone Star Bank
First Market Bank, FSB
Banner Countv Ban Corporation
Centrix Bank & Trust
Todd Bancshares, Inc.
Georllia Commerce Bancshares, Inc.
First Bank of Charleston, Inc.
F & M Financial Corporation
The Bank of Currituck
CedarStone Bank
Commun~y Holdinll Comoany of Florida, Inc.
Hyoerion Bank
Pascack Community Bank
First Western Financial, Inc.
OCR Holdinlls, Inc.
Westamerica Bancorporation
The Bank of Kentucky Financial Corporation
PremierWest Bancorp
Carrollton Bancorp
FNB United Corp.
First Menasha Bancshares, Inc.
1st Enterorise Bank
DeSoto County Bank
Security Bancshares of Pulaski County, Inc.
State Caoital Corooration
BankGreenvilie
Comino Savinos and Loan Association
Financial Securitv Corporation
ColoEast Bankshares, Inc.
Santa Clara ValleY Bank, N.A.
Reliance Bancshares, Inc.
Reoional Bankshares, Inc.
Peooles Bancorp
First Choice Bank
Grellll Bancshares, Inc.
Hometown Bancshares, Inc.
Midwest Rellional Bancorp, Inc.
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 PriYate Bank of California
Lafayette Bancoro, Inc.
Libertv Shares, Inc.
White Riyer Bancshares Comoany
United American Bank
Crazy Woman Creek Bancorp, Inc.
First Prioritv Financial Corp.
Mid-Wisconsin Financial Services, Inc.
Market Bancorporation, Inc.
Hometown Bancorp of Alabama, Inc.

City
Raoid City
Garden Grove
Gerinll
Boston
Versailles
NewOrieans
Houston
Richmond
Harrisburo
Bedford
Hookinsville
Atlanta
Charleston
Salisburv
Moyock
Lebanon
Miramar Beach
Philadelohia
Westwood
Denver
Moline
San Rafael
Crestview Hills
Medford
Baltimore
Asheboro
Neenah
Los Anlleles
Hom Lake
Waynesville
Greenwood
Greenville
Comino
Basin
Lamar
Santa Paula
Frontenac
Hartsville
Lynden
Cerritos
Ozark
Corbin
Festus
Bern
Sookane
Sorinllfield
Clarksville
Deyon
Lakewood
Narberth
Muncie
Waukellan
Sonoma
Woodsville
Los Anlleles
Oxford
Hinesville
Fayetteville
San Mateo
Buffalo
Malvern
Medford
NewMarket
Oneonta

State
SO
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
KS
WA
MO
TN
PA
WA
PA
IN
IL
CA
NH
CA
MS
GA
AR
CA
WY
PA
WI
MN
AL

Description
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 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 wlW arrants
Preferred Stock wlWarrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
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
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 wlW arrants
Preferred Stock wlW arrants
Preferred Stock wlW arrants
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

Pricing
Price Paid
Mechanism
15,568,000 Par
2,861,000 Par
5,000,000 Par
3,500,000 Par
6,300,000 Par
5,645,000 Par
3,072,000 Par
33,900,000 Par
795,000 Par
7,500,000 Par
4,000,000 Par
8,700,000 Par
3,345,000 Par
17,000,000 Par
4,021,000 Par
3,564,000 Par
1,050,000 Par
1,552,000 Par
3,756,000 Par
8,559,000 Par
38,237,000 Par
83,726,000 Par
34000,000 Par
41,400,000 Par
9,201,000 Par
51,500,000 Par
4,797,000 Par
4,400,000 Par
1,173,000 Par
2,152,000 Par
15,000000 Par
1,000,000 Par
638,000 Par
5,000,000 Par
10,000,000 Par
2,900,000 Par
40,000,000 Par
1,500,000 Par
18,000,000 Par
2,200,000 Par
825,000 Par
1,900,000 Par
700,000 Par
985,000 Par
10,500,000 Par
21,900,000 Par
17,243,000 Par
6,200,000 Par
1,992,000 Par
30,407,000 Par
116,000,000 Par
17,211,000 Par
8,653,000 Par
6,920,000 Par
5,450000 Par
1,998,000 Par
17,280,000 Par
16,800,000 Par
8,700,000 Par
3,100,000 Par
4,579,000 Par
10,000,000 Par
2,060,000 Par
3,250,000 Par

Page 7 019

Seller
Foot
note

2
2
2
2
2
2
2

2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2120/2009
2127/2009
2127/2009
2127/2009
2127/2009
2127/2009
2127/2009
2127/2009
2127/2009
212712009
2127/2009
212712009

Name of Institution
Security State Bancshares, Inc.
CBB Bancorp
BancPlus Comoration
Central Communitv Comoration
First BancTrust Comoration
Premier Service Bank
Florida Business BancGrouo, Inc.
Hamilton State Bancshares
lakeland Financial Comoration
First M&F Corooration
Southem First Bancshares, Inc.
Inteara Bank Comoration
Communttv First Inc.
BNC Financial Grouo, Inc.
California Bank of Commerce
Columbine Caoital Com.
National Bancshares, Inc.
First State Bank of Mobeetie
Ridaestone Financial Services, Inc.

2
2
2
2
2
2
2
2
2
2
2
2
2

2127/2009
2127/2009
2127/2009
2127/2009
2127/2009
2127/2009
212712009
2127/2009
2127/2009
2127/2009
2127/2009
2127/2009
2127/2009

Community Business Bank
D.l. Evans Bancore
TriState Caoital Holdinas Inc.
Green City Bancshares, Inc.
First Gothenbura Bancshares, Inc.
Green Circle Investments, Inc.
PriYate Bancorporation, Inc.
Reaent Capital Corooration
Central Bancore, Inc.
Medallion Bank
PSB Financial Corporation
Avenue Financial Holdinas Inc.
Howard Bancore, Inc.

2
2
2
2

2127/2009
2127/2009
2127/2009
2127/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/612009
3/6/2009
3/612009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/612009
3/6/2009
3/6/2009
3/6/2009
3/612009
3/6/2009
3/6/2009
3/13/2009
3/13/2009
3/13/2009
3/13/2009

FNB Bancorp
The Victory Bank
Catskill Hudson Bancorp, Inc
Midtown Bank & Trust Company
HCSB Financial Corporation
First Busey Coreoration
First Federal Bancshares of Arkansas, Inc.
Citizens Bancshares Comoration
ICB Financial
First Texas BHC, Inc.
Farmers & Merchants Bancshares, Inc.
Blue Ridae Bancshares, Inc.
First Reliance Bancshares, Inc.
Merchants and Planters Bancshares, Inc.
First Southwest Bancoreoration, Inc.
Germantown Caoital Coreoration, Inc.
BOH Holdinas, Inc.
AmeriBank Holdina Company
Hiahlands Independent Bancshares, Inc.
Pinnacle Bank Holdina Company, Inc.
Blue River Bancshares, Inc.
Marine Bank & Trust Company
Community Bancshares of Kansas, Inc.
Reaent Bancore, Inc.
Park Bancomoration, Inc.
PeoolesSouth Bancshares, Inc.
First Place Financial Core.
Salisburv Bancore, Inc.
First Northern Communilv Bancore
Discover Financial Services

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

Date

City
Charleston
Cartersville
Ridoeland
Temole
Paris
Riverside
Tamoa
Hoschton
Warsaw
Kosciusko
Greenville
Evansville
Columbia
New Canaan
lafavette
Buena Vista
Bettendorf
Mobeetie
Brookfield
West
Sacramento
Burley
Pittsburah
Green City
Gothenbura
Clive
Minneaoolis
Nowata
Garland
Salt lake City
Many
Nashville
Ellicott City
South San
Francisco
limerick
Rock Hill
Atlanta
loris
Urbana
Harrison
Atlanta
Ontario
Fort Worth
Houston
Indeoendence
Florence
Toone
Alamosa
Germantown
Houston
Collinsville
Sebrina
Oranae City
Shelbvville
Vero Beach
Goff
Davie
Madison
Colauitt
Warren
lakeville
Dixon
Riverwoods

State
MO
GA
MS
TX
Il
CA
Fl
GA
IN
MS
SC
IN
TN
CT
CA
CO
IA
TX
WI

Transaction
Type
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase

Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred

CA
ID
PA
MO
NE
IA
MN
OK
TX
UT
LA
TN
MD

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

Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred
Preferred

Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi

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

12,500,000
2,644,000
48,000,000
22,000,000
7,350,000
4,000,000
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

Pricing
Mechanism
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par

Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants

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
9270,000
7,400,000
5,983,000

Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par

Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wlW arrants
Stock wlW arrants
Stock wlW arrants
Stock
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wi Exercised Warrants
Stock wlW arrants
Stock wlW arrants
Stock wlW arrants
Stock wlW arrants

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

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

Exercised
Exercised
Exercised
Exercised
Exercised
Exercised
Exercised
Exercised
Exercised
Exercised
Exercised
Exercised
Exercised

Price Paid

Page 8 019

Seller
Foot
note

2
2
2
2
2
2
2
2
2
2
2
2
2
2

Date
1
Name of Institution
3113/2009IPrOllldent Communltv Bancshares. Inc.
3/13/20091Flrst American International Com.
3113/2009IBanclndeoendenl. Inc.
3/13120091Haviland Bancshares. Inc.
3/13/200911st United Bancorp. Inc.
3/13/20091Madlson Financial Comoration
3/13120091First National Comoratlon
3/13/20091SI. Johns Bancshares, Inc.
3/13/20091Blackhawk Bancorp, Inc.
3/13/200911BW Financial Corporation
3/13/20091Butler Poinl. Inc.
3/13/20091Bank of George
3/13120091 Money\ree Corporation
3/13/2009ISovereiQn Bancshares, Inc.
3/13/2009lFirstlntercontlnental Bank
3/20/2009IHerilage Oaks Bancoro
3/2012009lcommunitv First Bancshares Inc.
3/20/20091First NBC Bank HoldinQ Comoanv
3/20/20091Flrst Colebrook Bancorp, Inc.
3/20/20091Kirltsville Bancom. Inc.
3/20/20091Peooles Bancshares of TN, Inc
3/20120091 Premier Bank HoldinQ Comoanv
3/20/20091Citizens Bank & Trust Comoanv
3/20/2009 1
Fanners & Merchants Financial Comoration
3/20/2009 1
Fanners State Bankshares, Inc.
3/27/20091SBT Bancom. Inc.
3/27/20091CSRA Bank Com.
3/27120091Trinitv Caoital Comoration
3/27/20091Clover Community Bankshares, Inc.
3/27/20091Pathwav Bancom

2
2
2

3/27/20091Colonial American Bank
3127/2009IMS Financial. Inc.
3/27/20091Triad Bancom. Inc.

2
2
2
2
2
2

3/27/20091A1pine Banks of Colorado
3/27/20091Naples BancolP, Inc.
3/27/20091CBS Banc-Com.
3127/200911BT Bancom. Inc.
3/27/20091Soirit BankColP, Inc.
3/27/20091Marvland Financial Bank

3
2
2
2
2
2
2
2
2
2
2
2
2
2

City
Rock Hill
BrooklYn
Sheffield
Haviland
Boca Raton
Richmond
StrasburQ
SI. Louis
Beloit
WashlnQton
Catlin
Las VeQas
Lenoir City
Dallas
Doraville
Paso Robles
Union City
NewOr1eans
Colebrook
Kirltsville
Madisonville
Tallahassee
CovinQton
ArQonia
Holton
Simsbury
Wrens
Los Alamos
Clover
Cairo
West
Conshohocken
KinQWOod
Frontenac
Glenwood
SorinQs
Naoles
Russellville
IrvinQ
Bristow
Towson

Transaction
Type
State
SC
Purchase
NY
Purchase
AL
Purchase
Purchase
KS
FL
Purchase
Purchase
KY
Purchase
VA
MO
Purchase
WI
Purchase
DC
Purchase
IL
Purchase
NV
Purchase
Purchase
TN
TX
Purchase
GA
Purchase
Purchase
CA
Purchase
TN
Purchase
LA
NH
Purchase
MO
Purchase
TN
Purchase
FL
Purchase
Purchase
LA
KS
Purchase
Purchase
KS
CT
Purchase
GA
Purchase
NM
Purchase
Purchase
SC
NE
Purchase
PA

TX
MO
CO
FL
AL

TX
OK
MD

Description
Preferred Stock wlWarrants
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 wi Exercised Warrants
Preferred Stock wi Exercised Warrants
Preferred Stock wlW arrants
Preferred Stock wi Exercised Warrants
Preferred Siock 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

Purchase
Purchase
Purchase

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

Purchase
Purchase
Purchase
Purchase
Purchase
Purchase

Preferred
Preferred
Preferred
Preferred
Preferred
Preferred

TOTAL

Stock wi
Stock wi
Stock wi
Stock wi
Stock wi
Stock wi

Exercised Warrants
Exercised Warrants
Exercised Warrants
Exercised Warrants
Exercised Warrants
Exercised Warrants

Pricing
Price Paid
IMechanism
9.266.000IPar
17.000.000IPar
21.100.000IPar
425.0001 Par
10.000.000IPar
3.370.000IPar
13,900.0001Par
3.000.000IPar
10.000.000IPar
6.000.000IPar
607.0001 Par
2.672.000IPar
9.516.000IPar
18.215.000IPar
6.398.000IPar
21,OOO.OOOIPar
20.000.000IPar
17,836,OOOIPar
4,500.000IPar
470.000IPar
3.900,OOOIPar
9.500.000IPar
2.400.000IPar
442.0001Par
700,OOOlPar
4.000.000IPar
2.400.000IPar
35.539.000IPar
3.000.000IPar
3.727.000IPar
574.000IPar
7.723.000IPar
3.700.000IPar
70.000.000IPar
4.000.000IPar
24.300.000IPar
2.295.000IPar
30.000.000IPar
1.700,OOOIPar

198,769,687,000

1/ This tran.action was induded in prevlou. Transaction Reports with Merrill Lynch & Co.• Inc. listed a. the qualifying Institution and e 1012812008 transaction date. footnoted to Indicate that settlement was
deferred pending merger. The purchase 01 Merrill Lynch by Bank 01 America was oomplated on 1/112009, and thl. transaelion und.r the CPP was funded on 119/2009.
21 Privataly-held qUalified fin.nclal instnutlon; Treasury raceived a wamult to purchase additional shares 01 pref.rred stock, which lIa_med immedlalaty.
31 To promote oommunlly devalopm.nl f1nandal inslllulions (COFIs), Treasury does nol require walTanls as part of lis inve.lm.nl in certified CDFIs when Ihe size of Ihe inveslmenl is $50 million or I•••.

Page 9 of9

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Full text of Troubled Asset Relief Program (TARP) : Monthly 105(a) Report : Initial Section 105(a) Troubled Asset Relief Program Report to Congress, For the Period of March 1, 2009 to March 31, 2009

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