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UNITED STATES DEPARTMENT OF THE TREASURY SECTION 105(a) TROUBLED ASSETS RELIEF PROGRAM REPORT TO CONGRESS FOR THE PERIOD APRIL 1, 2009 TO APRIL 30, 2009 I. OVERVIEW During the reporting period of April! to April 30, 2009, the Department ofthe Treasury (Treasury) continued to develop, refine, and implement a number of programs under the Troubled Assets Relief Program (TARP), including the Financial Stability Plan (FSP), pursuant to the goals ofthe Emergency Economic Stabilization Act of2008 (EESA). Treasury's comprehensive approach to restoring stability to the financial system includes 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 financial institutions and markets play in the U.S. economy, financial stability is a necessary precondition to the resumption of economic growth. Specifically, during this reporting period, Treasury took the following steps toward promoting fmancial stability: • Auto Industry Financing Program (AIFP) - The Administration announced the ChryslerFiat alliance, which should position Chrysler for a viable future. As part of the agreement, Treasury will purchase debt obligations from Chrysler in the form of a debtor-in-possession loan of up to $3.3 billion to provide working capital to help Chrysler through its restructuring period. Treasury will also purchase debt obligations from a new Chrysler company in the form of acquisition financing of up to $4.7 billion. In addition, Treasury purchased debt obligations of approximately $280 million to finance Chrysler's participation in the Warranty Commitment Program, a component of the AIFP. Treasury purchased $2 billion of debt obligations from General Motors Corporation (GM) as part of the AIFP. Treasury also announced Chrysler LLC and GM's participation in the Auto Supplier Support Program, a component ofthe AIFP. • Capital Purchase Program (CPP) - Treasury released four new term sheets for qualifying financial institutions applying to the CPP that are mutual holding companies and mutual banks or savings associations. • Homeowner Affordability and Stability Plan - Treasury released final Program Guidelines and Servicer Participation Agreements for the Home Affordable Modification Program (HAMP), a component of the Homeowner Affordability and Stability Plan. Treasury also announced the Second Lien Program, which will work in tandem with the first lien modifications offered under HAMP and will help lower payments for homeowners on second mortgages. To further help to increase homeowners' equity in homes, it is Treasury's goal that the Hope for Homeowners Program established by the Hope for Homeowners Act of 2008 be better integrated with Making Home Affordable through improvements now under consideration by Congress. The Hope for Homeowners Program is administered by HUD's Federal Housing Administration. • Public-Private Investment Program (pPIP) - Treasury released additional guidance for potential investors in the securities portion of the PPIP and received over 100 applications from private sector fund managers. Treasury launched the PPIP in conjunction with the Federal Deposit Insurance Corporation (FDIC) and the Board of Governors of the Federal Reserve System (Federal Reserve) as part of an effort to repair the balance sheets of banks and enable the flow of credit to the households and businesses, ensuring faster economic recovery. • Systemically Significant Failing Institution Program (SSFI) - In conjunction with the Federal Reserve, Treasury provided additional assistance to American International Group, Inc. (AIG) under the SSFI Program. This assistance took the fonn of a conversion of Treasury's existing $40 billion investment from cumulative to noncumulative preferred stock and a new $29.835 billion equity capital commitment facility. Treasury continues to implement the TARP with a high degree of transparency and accountability. On April 15, 2009, Treasury published the third Monthly Lending and Intermediation Snapshot and survey. This report describes the results of Treasury's montWy survey oflending and intennediation activities ofthe top 21 recipients of government investment under the CPP. The three reports demonstrated that, despite the headwinds posed by the economic downturn and recession, the nation's largest banks continued to originate, refmance, and renew loans in the period of January to February 2009. Notably, lending levels increased from January to February in the residential mortgage sector, driven in large part by low mortgage rates. With a historically high application volume for mortgages in December and January, Treasury expects the high level of originations to continue throughout the first quarter of 2009. The survey also found that the commercial lending segment remained constrained in February, as demand for credit is weak as consumers and businesses are hesitant to take on additional debt during this deteriorating economic environment. During the reporting period, Treasury also continued to procure services in order to implement TARP programs. On April 22, 2009, Treasury announced the hiring of three fInns to manage its portfolio of investments in banks and other institutions participating in the CPP and other similar programs under the EESA. AllianceBernstein LP; FSI Group, LLC; and Piedmont Investment Advisors, LLC will manage shares of senior preferred stock, senior debt, equity warrants, and other equity and debt obligations. Treasury received over 200 submissions from fInns interested in the solicitation, which was issued on November 7,2008. Treasury also hired The Boston Consulting Group to provide management consulting services relating to the AIFP. II. REPORTING REQUIREMENTS This is Treasury's sixth Section l05(a) Troubled Assets ReliefProgram Report to Congress (TARP Report) required by the EESA. Treasury submitted its fifth TARP Report on April 10, 2009, covering activities from March 1 through March 31, 2009. This TARP Report covers the following activities listed in EESA section 105(a) that occurred in April: • An overview of actions taken by the Secretary, including the considerations required by section 103 and the efforts under section 109. 2 • • 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 reporting 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. ID. PROGRAMS AND INITIATIVES Automotive Industry Financing Program On April 8,2009, General Motors Corporation (GM) and Chrysler LLC (Chrysler) announced their participation in the Auto Supplier Support Program, which is part of the Automotive Industry Financing Program (AIFP). Treasury released details and eligibility information in March 2009 for the Auto Supplier Support Program, which provides auto suppliers access to government-backed protection for accounts receivable attributable to products they ship to participating auto manufacturers. Participating suppliers are able to sell their receivables into the program for payment at maturity at a modest discount or enhance their liquidity by selling the receivables before maturity for an additional discount. The program is expected to help increase liquidity in the supplier industry. Any supplier that ships to a participating auto manufacturer on qualifying commercial terms is eligible to be selected for participation in the program. Participating auto manufacturers decide which suppliers and receivables receive protection under the program. Under the program, Treasury, through the TARP, will provide up to $5 billion of funding through the purchase of debt obligations from special purpose limited liability companies (SPLLCs) established by GM and Chrysler. Each SPLLC received an allocation of the funding from Treasury to provide government backing for supplier receivables and each was required to make a fmancial commitment of its own funds equal to five percent of the allocation it received from Treasury pursuant to the TARP. A third-party servicer administers the program for each manufacturer. Receivables for goods shipped after March 19, 2009 are eligible for the program. These efforts, backed by TARP resources, will help stabilize the auto supply base and restore credit flows in a critical sector that employs more than 500,000 American workers across the country (eligible suppliers may also include suppliers that are not domiciled in the United States). During this difficult period of restructuring in the auto industry, the Auto Supplier Support Program will provide supply companies access to liquidity and protect American jobs. 3 On April 22, 2009, Treasury announced a purchase of debt obligations from GM of $2.0 billion as part of the AIFP. The funding aims 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 U.S. economy. The program requires participating institutions to implement plans that will achieve long-term viability. On April 29, 2009, Treasury purchased debt obligations from Chrysler of approximately $280 million to fmance Chrysler's participation in the Warranty Commitment Program. The Warranty Commitment Program, announced March 30, 2009, is part of the AIFP and provides government-funded protection for warranties issued by Chrysler while it is in the process of restructuring. The program covers warranties on new vehicles purchased from Chrysler dealers during the restructuring period, and will apply if, during the restructuring period, Chrysler fails to honor the warranties on its vehicles. On the same date, Treasury committed to purchase debt obligations from Chrysler of approximately $500 million for working capital. On April 30, 2009, the Administration announced the Chrysler-Fiat alliance, which will help position Chrysler for a viable future. Consistent with the President's commitment to provide adequate working capital to help Chrysler through its restructuring period and loan funds to the Chrysler-Fiat alliance, the U.S. government has committed to provide assistance sufficient to help give Chrysler a chance to achieve financial viability. Government support of Chrysler includes: • The U.S. government is prepared to purchase debt obligations from Chrysler to provide approximately $3.3 billion in debtor-in-possession financing to support Chrysler through an expedited Chapter 11 proceeding. In connection with the DIP loan, Treasury will obtain an additional ~ote of 6.67 percent of the commitment. • Upon closing, Treasury is prepared to purchase debt obligations of approximately $4.7 billion from the new Chrysler, with $2.1 billion due in 30 months, 50 percent of the balance due on the seventh anniversary of the closing, and 50 percent due on the eighth anniversary. The interest will be an appropriate combination of cash and payment-inkind. These debt obligations will be secured by a first priority lien on all of the new Chrysler's assets. In connection with the acquisition loan, Treasury will obtain an equity interest in the new company and an additional note. During the reporting period, Treasury received $1.7 million in interest from participants in the AIFP. Since the conception of the AIFP, Treasury has received $252.3 million in interest and dividend payments from participants in the AIFP. Complete details about the Chrysler-Fiat alliance are available at: http://www.financialstability.gov/latest/tg 043009.html. Complete details about the AIFP are available on Treasury's website at: http://www.financialstability.gov/roadtostability/autoprogram.htm1. 4 Capital Purchase Program Treasury established the Capital Purchase Program (CPP) to stabilize the financial system by building the capital base of viable U.S. financial institutions, enabling them to continue to lend to businesses and consumers during this unprecedented financial crisis and economic downturn. Through the CPP, Treasury is purchasing shares of senior preferred stock from qualifying U.S. controlled banks, savings associations, certain bank and savings and loan holding companies, mutual holding companies, and mutual banks. Treasury is also purchasing subordinated debentures from Subchapter S corporations. In the period between April 1 and April 30, 2009, Treasury purchased $240.4 million in senior preferred stock and subordinated debentures from 33 financial institutions through the CPP. Since the establishment of the CPP in October 2008 through April 30, 2009, Treasury has invested a total of$199.0 billion in senior preferred shares and subordinated debentures in 565 financial institutions in 48 states, the District of Columbia, and Puerto Rico. Treasury received $125 million in dividend payments from CPP investments in April 2009 and has received a total of$2.6 billion in dividends from CPP investments since the program's inception. Treasury designed the CPP to include the broad range of financial institutions that comprise our financial system and has benefited every banking community in the country. The 565 institutions Treasury has funded under the CPP include small, community, regional, and national banks, as well as Community Development Financial Institutions. The application deadlines have passed for publicly-held institutions, eligible privately-held financial institutions, and Subchapter S corporations. The deadline for mutual holding companies was May 7, 2009; for mutual banks, the deadline is May 14,2009. The nation's federal banking regulators continue to evaluate all received CPP applications and send qualifying applications to Treasury for final approval. In addition to making investments, Treasury is receiving both principal and dividend payments under the CPP. Since October 2008, Treasury has received $1 billion in principal payments and $51 million in accrued dividends from the repurchase of senior preferred shares by 11 financial institutions since the CPP's inception. During this reporting period, Treasury received $683.5 million in principal and $6.2 million in accrued dividends from the repurchase of senior preferred shares by six financial institutions. In addition, Treasury received $995,000 in proceeds from the sale of preferred shares and $15,353 in accrued dividends from two financial institutions that participated in CPP associated with the exercise of warrants at closing during the reporting period and since the program's inception. Treasury will continue to work with federal banking regulators to evaluate requests from CPP participants interested in repaying Treasury. Complete details about the CPP are available at: http://www.financialstability.gov/impact/index.html. 5 Homeowner Affordability and Stability Plan On April 13, 2009, Treasury released fmal Program Guidelines and Servicer Participation Agreements for the Home Affordable Modification Program (HAMP). HAMP, along with the Home Affordable Refinance Program, was announced as part of the Administration's Homeowner Affordability and Stability Plan in February 2009. HAMP is a $50 billion homeowner stability initiative designed to offer assistance to as many as three to four million homeowners making a good-faith effort to pay their mortgages, helping to prevent the destructive impact of foreclosures on families and communities. The program will help borrowers avoid foreclosure by encouraging mortgage loan servicers to modify at-risk mortgage loans to achieve a payment the borrower can afford. Borrowers must meet several eligibility criteria to participate in the program and must successfully complete a three-month trial modification period before the modification becomes permanent. These requirements are designed to protect the taxpayers and ensure sound loan modifications. To encourage foreclosure mitigation efforts, fees and incentive payments are provided to the servicers, lender/investors, and borrowers. Servicers will receive an up-front payment of $1,000 when a modification becomes permanent and "pay for success" payments of $1,000 per year for eligible loan modifications for up to three years. The program also will provide one-time bonus incentive payments of $1 ,500 to lenders/investors and $500 to servicers for modifications made while a borrower is still current on mortgage payments. Additionally, all borrowers are eligible for up to $1,000 of principal reduction payments each year for five years as long as they remain current on their monthly modified mortgage payments. Fannie Mae and Freddie Mac are responsible for administering the program and monitoring servicer compliance with the program guidelines, subject to oversight by Treasury: Servicer funding for the HAMP began on April 13, 2009 and, during the reporting period, 13 servicers executed Servicer Participation Agreements and more than $14 billion (of a total potential allocation of $50 billion) was allocated to implement the program. Between loans serviced by the participants and loans owned or securitized by the GSEs, more than 75 percent of all mortgage loans are now subject to Making Home Affordable Program requirements. On April 28, 2009, Treasury released details on the Second Lien Program and proposed to coordinate the Hope for Homeowners Program (H4H) with the Making Home Affordable program, a component of the Homeowner Affordability and Stability Plan. The Second Lien Program will complement the first lien modification program by automatically lowering monthly payments on qualified second liens when the first mortgage is modified through HAMP. The Second Lien Program is intended to provide additional relief to more than a million struggling homeowners by offering incentives to servicers and investors who agree to modify or extinguish second lien debts. Servicers of subordinate liens must execute a Second Lien Servicer Participation Agreement in order to be eligible for these incentives. Also on April 28, 2009, Treasury announced new efforts relating to the H4H program, which was established by the Hope for Homeowners Act of 2008 and offers an important avenue for struggling borrowers to refinance into a sustainable mortgage. An H4H refinance requires the current first mortgage holder to write down the amount due on the mortgage to below 100 6 percent loan to value and requires all subordinate lien holders to extinguish their liens in exchange for an incentive payment. This provides borrowers with increased equity and an affordable monthly payment. Congress is currently considering changes to improve H4H. Integration ofH4H into the Making Home Affordable Program is subject to passage of that legislation. Complete details about Making Home Affordable are available at http://www.makinghomeaffordable.gov and ' http://www.financialstability.gov/roadtostability/homeowner.html. Public-Private Investment Program On April 6, 2009, Treasury released additional guidance for potential investors in the securities portion ofthe Public Private Investment Program (pPIP). Additional guidance on the Legacy Securities Public-Private Investment Funds (PPIFs) includes the following: • Treasury extended the deadline for the e-mail submission of fund manager applications to 5:00 p.m. ET on April 24, 2009. Treasury expects to inform applicants of their preliminary qualification on or before May 15,2009. • Treasury issued enhanced guidance on application evaluation, clarifying that Fund Managers will be pre-qualified based on criteria anticipated to include various eligibility requirements such as a proven ability to raise capital, demonstrated experience investing in the eligible asset classes, and a minimum threshold of eligible assets under management. Treasury will view the criteria on a holistic basis and anticipates that failure to meet anyone criterion will not necessarily disqualify an applicant. • In order to ensure broad-based participation in the program, Treasury will encourage small, veteran-, minority- and women-owned businesses to partner with private asset managers. Smaller firms can partner with fund managers in several ways including as an asset manager, equity partner, or fund raising partner. Other ways to participate include providing services such as trade execution, valuation, and other important financial services. Treasury will allow smaller firms to partner before or after the application deadline, even after the selection of the initial group of pre-qualified Fund Managers. Treasury encourages innovative proposals from Fund Managers that incorporate the options listed above as well as other potential options. • To restart the market for legacy securities effectively, Treasury announced the potential for program expansion. In order to maximize the inflow of private capital into the market from firms large and small while protecting the interests of U.S. taxpayers, Treasury will consider opening the program to smaller Fund Managers that are not selected in the initial pre-qualification process after the initial pre-qualification of Fund Managers. • The Legacy Securities PPIP will work together with the Term Asset-Backed Securities Loan Facility (TALF) program for legacy assets, but they will remain separate. The Legacy TALF will be an expansion of the existing Federal Reserve lending program with 7 its own set of terms, conditions, and eligibility requirements. Legacy TALF will be made available to investors (who meet Federal Reserve eligibility standards) regardless of whether they participate in the Legacy Securities PPIP. A qualified investor utilizing Legacy TALF will do so on the same terms and conditions as a Legacy Securities PPIP investor utilizing Legacy TALF, making the funding of legacy assets available to a broad range of market participants. • The Legacy Securities PPIP is limited to eligible assets that include commercial mortgage backed securities and non-agency residential mortgage backed securities issued before 2009 that were originally rated AAA or an equivalent rating by two or more nationally recognized statistical rating organizations without ratings enhancement and that are secured directly by the actual mortgage loans, leases, or other assets and not other securities. However, Treasury may solicit comment from Fund Managers regarding potential expansion of the Legacy Securities PPIP at a later date to include other asset classes. Complete details about PPIP are available at: http://www.financialstability.gov/roadtostability/publicprivatefund.html. Systemically Significant Failing Institutions Program The Systemically Significant Failing Institution (SSFI) Program is intended to provide stability and prevent disruptions to financial markets from the failure of a systemically significant institution. In coordination with the Federal Reserve, Treasury provided additional assistance to American International Group, Inc. (AIG) under the SSFI Program in the form of a conversion of Treasury's existing $40 billion investment from cumulative to non-cumulative preferred stock and a $29.835 billion equity capital commitment facility on April 17, 2009. The latest round of assistance involved a restructuring and expansion of Treasury's assistance to AIG through the TARP with the goal of enhancing the company's capital and liquidity in order to stabilize the company and facilitate the orderly completion of its global divestiture program. Specific components of the restructuring include: • Treasury exchanged its existing $40 billion of cumulative perpetual preferred shares for $41.6 billion of new non-cumulative perpetual preferred shares with revised terms that more closely resemble common equity, which improves the quality of AIG's equity and its fmancialleverage. The new securities provide for non-cumulative dividends and limit AIG's ability to redeem the preferred stock, except with the proceeds from the issuance of equity capital. • Treasury's purchase of additional preferred stock of AIG created a new equity capital commitment facility, which will allow AIG to draw up to $29.835 billion (Treasury's commitment to invest up to $30 billion less a reduction of $165 million for retention payments AIG Financial Products made to its employees in March 2009) as needed over time. This facility will further strengthen AIG's capital levels and improve its leverage. 8 • The Federal Reserve took several actions relating to the Revolving Credit Facility for AIG, established in September 2008, to further the goals described above. As required by the credit agreement governing the Revolving Credit Facility, on March 4,2009, AIG issued shares of convertible preferred stock representing an approximate 77.9 percent equity interest in AIG to an independent trust for the sole benefit of Treasury. Complete information about the AIG restructuring plan is available at: http://www.financialstability.gov/latest/tg44.html. IV. Certification I am the official with delegated authority to approve purchases oftroubled assets under the Troubled Assets Relief Program. I certify to the Congress that each decision ofthe Office of Financial Stability at the United States Department of the Treasury (the Office) to approve purchases of troubled assets, during this reporting period, was based on the 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 of2008. ~JJ~ Duane D. Morse Chief Risk and Compliance Officer Office of Financial Stability 9 United States Department of Treasury Office of Financial Stability Troubled Asset Relief Program Report of Administrative Obligations and Expenditures [Section 105(a)(2)] For Period Ending April 30, 2009 For Period Ending May 31, 2009 NON-PERSONNEL SERVICES Obligations $4,700,928 $4,700,928 $51,788 24,105 76,109 395 48,507,224 52,085 52 085 209,128 $48,920,834 Expenditures $4,048,882 $4,048,882 $31,682 105 15,059 395 13,766,104 46 512 46,512 130,360 $13,990,218 Projected Obligations $6,100,000 $6,100,000 $60,000 25,000 77,000 400 50,000,000 55 000 55,000 225,000 $50,442,400 Projected Expenditures $5,600,000 $5,600,000 $50,000 1,000 22,000 400 20,000,000 50 000 50,000 175,000 $20,298,400 GRAND TOTAL: PERSONNEL SERVICES Budget Object Class (BOC) Budget Object Class Title 1100 & 1200 PERSONNEL COMPENSATION & BENEFITS PERSONNEL SERVICES Total: 2100 TRAVEL & TRANSPORTATION OF PERSONS 2200 TRANSPORTATION OF THINGS 2300 RENTS, COMMUNICATIONS, UTILITIES & MISC CHARGES 2400 PRINTING & REPRODUCTION 2500 OTHER SERVICES 2600 SUPPLIES AND MATERIALS 3100 EQUIPMENT 3200 LAND & STRUCTURES NON-PERSONNEL SERVICES Total: $53,621,762 $18,039,100 $56,542,400 $25,898,400 Note: Some common services provided by Treasury were previously obligated and expended in certain BOCs (e.g. rent, IT services and equipment, etc.). These services are now obligated and expended in BOC 2500. U.S. Treasury Department Office of Financial Stability Troubled Asset Relief Program Agreements Under TARP [Section 105(a)(3)(A)] For Period Ending April 30, 2009 Date Approved or Renewed 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 12/3/2008 12/5/2008 12/5/2008 12/10/2008 12/12/2008 12/15/2008 12/24/2008 1/6/2009 1/6/2009 1/7/2009 1/9/2009 1/27/2009 1/27/2009 2/2/2009 2/9/2009 2/12/2009 2/18/2009 2/18/2009 2/20/2009 2/20/2009 2/22/2009 3/6/2009 3/16/2009 3/23/2009 3/30/2009 3/30/2009 3/30/2009 3/30/2009 3/31/2009 4/3/2009 4/17/2009 4/17/2009 4/21/2009 4/21/2009 4/21/2009 Type of Transaction BPA BPA Financial Agent BPA BPA IAA BPA BPA Contract BPA IAA Procurement IAA IAA Procurement BPA IAA IAA Procurement IAA IAA Procurement IAA BPA Procurement IAA Contract Contract Financial Agent Financial Agent IAA Contract Contract Contract Financial Agent Procurement Contract Contract Contract Contract BPA Procurement Procurement IAA Financial Agent Financial Agent Financial Agent 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 & Wood** Securities and Exchange Commission CSC Systems and Solutions Trade and Tax Bureau - Treasury Department of Housing and Urban Development Washington Post Thacher Proffitt & Wood** Pension Benefit Guaranty Corp. Office of Thrift Supervision Cushman and Wakefield of VA, Inc. Office of the Controller of the Currency State Department Colonial Parking Internal Revenue Service Cadwalader Wickersham & Taft, LLP Whitaker Brothers Bus. Machines Government Accountability Office Pat Taylor and Associates, Inc* Locke Lord Bissell & Lidell LLP Freddie Mac Fannie Mae Congressional Oversight Panel Simpson, Thacher & Bartlett Venable LLP Boston Consulting Group EARNEST Partners Heery International Inc. McKee Nelson, LLP Sonnenschein Nath & Rosenthal Cadwalader Wickersham & Taft, LLP Haynes and Boone LLP FI Consulting* American Furniture Rentals Herman Miller Bureau of Printing and Engraving AllianceBernstein FSI Group Piedmont Investment Advisors * Small or Women-, or Minority-Owned Small Business **Contract responsibilities assumed by Sonnenschein Nath & Rosenthal via novation. Purpose Legal Services Investment and Advisory Services Custodian and Cash Management Internal Control Services Accounting Services Archiving Services Legal Services Legal Services Human Resources Services Legal Services Detailees IT Services IT Services Detailees Vacancy Announcement Legal Services Legal Services Detailees Painting Detailees Detailees Parking Detailees Legal Services Office Machines Oversight Temporary Employee Services Legal Services Homeownership Program Homeownership Program Oversight Legal Services Legal Services Management Consulting Support Asset Management Services Architects Legal Services Legal Services Legal Services Legal Services Modeling and Analysis Office Furniture Office Furniture Detailee Asset Management Services Asset Management Services Asset Management Services U.S. Treasury Department Office of Financial Stability Troubled Asset Relief Program Insurance Contracts [Section 105(a)(3)(B)] For Period Ending April 30, 2009 Name Citigroup Amount $5,000,000,000 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 th M t Agreement). Under this section of the ( ti 5 2 f the Master A t) U d thi ti f th 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 6 months. U.S. Treasury Department Office of Financial Stability Troubled Asset Relief Program Projected Costs and Liabilities [Section 105(a)(3)(E)] For Period Ending April 30, 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. U.S. Treasury Department Office of Financial Stability Troubled Asset Relief Program Programmatic Operating Expenses [Section 105(a)(3)(F)] For Period Ending April 30, 2009 Type of Expense Compensation for financial agents and legal firms Amount $28,298,733 U.S. Treasury Department Office of Financial Stability Troubled Asset Relief Program Description of Vehicles Established [Section 105(a)(3)(H)] For Period Ending April 30, 2009 Date Vehicle None Description U.S. Treasury Department Office of Financial Stability Troubled Asset Relief Program Transactions Report [Section 105(3)(C, D, G)] For Period Ending April 29, 2009 CAPITAL PURCHASE PROGRAM Seller Footnote Purchase Details Treasury Investment Remaining After Capital Repayment Capital Repayment Details Purchase Date 10/28/2008 10/28/2008 10/28/2008 10/28/2008 10/28/2008 10/28/2008 10/28/2008 10/28/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 11/14/2008 Bank of America Corporation Bank of New York Mellon Corporation Citigroup Inc. The Goldman Sachs Group, Inc. JPMorgan Chase & Co. Morgan Stanley State Street Corporation Wells Fargo & Company Bank of Commerce Holdings 1st FS Corporation UCBH Holdings, Inc. Northern Trust Corporation SunTrust Banks, Inc. Broadway Financial Corporation Washington Federal Inc. BB&T Corp. Provident Bancshares Corp. Umpqua Holdings Corp. Comerica Inc. Regions Financial Corp. Capital One Financial Corporation First Horizon National Corporation Huntington Bancshares KeyCorp Valley National Bancorp Zions Bancorporation Marshall & Ilsley Corporation U.S. Bancorp Charlotte New York New York New York New York New York Boston San Francisco Redding Hendersonville San Francisco Chicago Atlanta Los Angeles Seattle Winston-Salem Baltimore Portland Dallas Birmingham McLean Memphis Columbus Cleveland Wayne Salt Lake City Milwaukee Minneapolis 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 Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 15,000,000,000 3,000,000,000 25,000,000,000 10,000,000,000 25,000,000,000 10,000,000,000 2,000,000,000 25,000,000,000 17,000,000 16,369,000 298,737,000 1,576,000,000 3,500,000,000 9,000,000 200,000,000 3,133,640,000 151,500,000 214,181,000 2,250,000,000 3,500,000,000 3,555,199,000 866,540,000 1,398,071,000 2,500,000,000 300,000,000 1,400,000,000 1,715,000,000 6,599,000,000 TCF Financial Corporation First Niagara Financial Group HF Financial Corp. Centerstate Banks of Florida Inc. City National Corporation First Community Bankshares Inc. Western Alliance Bancorporation Webster Financial Corporation Pacific Capital Bancorp Heritage Commerce Corp. Ameris Bancorp Porter Bancorp Inc. Banner Corporation Cascade Financial Corporation Columbia Banking System, Inc. Heritage Financial Corporation First PacTrust Bancorp, Inc. Severn Bancorp, Inc. Boston Private Financial Holdings, Inc. Associated Banc-Corp Trustmark Corporation First Community Corporation Taylor Capital Group Nara Bancorp, Inc. Midwest Banc Holdings, Inc. MB Financial Inc. First Midwest Bancorp, Inc. United Community Banks, Inc. Wesbanco Bank Inc. Encore Bancshares Inc. Manhattan Bancorp Wayzata Lockport Sioux Falls Davenport Beverly Hills Bluefield Las Vegas Waterbury Santa Barbara San Jose Moultrie Louisville Walla Walla Everett Tacoma Olympia Chula Vista Annapolis Boston Green Bay Jackson Lexington Rosemont Los Angeles Melrose Park Chicago Itasca Blairsville Wheeling Houston El Segundo MN NY SD FL CA VA NV CT CA CA GA KY WA WA WA WA CA MD MA WI MS SC IL CA IL IL IL GA WV TX CA Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 361,172,000 184,011,000 25,000,000 27,875,000 400,000,000 41,500,000 140,000,000 400,000,000 180,634,000 40,000,000 52,000,000 35,000,000 124,000,000 38,970,000 76,898,000 24,000,000 19,300,000 23,393,000 154,000,000 525,000,000 215,000,000 11,350,000 104,823,000 67,000,000 84,784,000 196,000,000 193,000,000 180,000,000 75,000,000 34,000,000 1,700,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 4/22/2009 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 Iberiabank Corporation Eagle Bancorp, Inc. Sandy Spring Bancorp, Inc. Coastal Banking Company, Inc. East West Bancorp South Financial Group, Inc. Great Southern Bancorp Cathay General Bancorp Southern Community Financial Corp. CVB Financial Corp First Defiance Financial Corp. First Financial Holdings Inc. Superior Bancorp Inc. Lafayette Bethesda Olney Fernandina Beach Pasadena Greenville Springfield Los Angeles Winston-Salem Ontario Defiance Charleston Birmingham LA MD MD FL CA SC MO CA NC CA OH SC AL Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ 90,000,000 38,235,000 83,094,000 9,950,000 306,546,000 347,000,000 58,000,000 258,000,000 42,750,000 130,000,000 37,000,000 65,000,000 69,000,000 Par Par Par Par Par Par Par Par Par Par Par Par Par 3/31/2009 Final Disposition Final Disposition Date Final Disposition Proceeds Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 11/14/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 11/21/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 Remaining Investment Description Name of Institution City State Investment Description Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount 4 5 6 Remaining Capital Amount $ 361,172,000 $ 0 Warrants $ 90,000,000 $ 0 Disposition Investment Description Warrants Page 1 of 11 Seller Purchase Details Southwest Bancorp, Inc. Popular, Inc. Blue Valley Ban Corp Central Federal Corporation Stillwater San Juan Overland Park Fairlawn OK PR KS OH Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ 70,000,000 935,000,000 21,750,000 7,225,000 Bank of Marin Bancorp Bank of North Carolina Central Bancorp, Inc. Southern Missouri Bancorp, Inc. State Bancorp, Inc. TIB Financial Corp Unity Bancorp, Inc. Old Line Bancshares, Inc. FPB Bancorp, Inc. Sterling Financial Corporation Oak Valley Bancorp Novato Thomasville Somerville Poplar Bluff Jericho Naples Clinton Bowie Port St. Lucie Spokane Oakdale CA NC MA MO NY FL NJ MD FL WA CA Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ 28,000,000 31,260,000 10,000,000 9,550,000 36,842,000 37,000,000 20,649,000 7,000,000 5,800,000 303,000,000 13,500,000 Par Par Par Par Par Par Par Par Par Par Par 3/31/2009 Old National Bancorp Capital Bank Corporation Pacific International Bancorp SVB Financial Group LNB Bancorp Inc. Wilmington Trust Corporation Susquehanna Bancshares, Inc Evansville Raleigh Seattle Santa Clara Lorain Wilmington Lititz IN NC WA CA OH DE PA Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ 100,000,000 41,279,000 6,500,000 235,000,000 25,223,000 330,000,000 300,000,000 Par Par Par Par Par Par Par 3/31/2009 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 Signature Bank HopFed Bancorp Citizens Republic Bancorp, Inc. Indiana Community Bancorp Bank of the Ozarks, Inc. Center Financial Corporation NewBridge Bancorp Sterling Bancshares, Inc. The Bancorp, Inc. TowneBank Wilshire Bancorp, Inc. Valley Financial Corporation Independent Bank Corporation Pinnacle Financial Partners, Inc. First Litchfield Financial Corporation National Penn Bancshares, Inc. Northeast Bancorp Citizens South Banking Corporation Virginia Commerce Bancorp Fidelity Bancorp, Inc. LSB Corporation Intermountain Community Bancorp Community West Bancshares Synovus Financial Corp. Tennessee Commerce Bancorp, Inc. Community Bankers Trust Corporation BancTrust Financial Group, Inc. Enterprise Financial Services Corp. Mid Penn Bancorp, Inc. Summit State Bank VIST Financial Corp. Wainwright Bank & Trust Company Whitney Holding Corporation The Connecticut Bank and Trust Company CoBiz Financial Inc. Santa Lucia Bancorp Seacoast Banking Corporation of Florida Horizon Bancorp Fidelity Southern Corporation Community Financial Corporation Berkshire Hills Bancorp, Inc. Group, First California Financial Group Inc AmeriServ Financial, Inc Security Federal Corporation Wintrust Financial Corporation Flushing Financial Corporation Monarch Financial Holdings, Inc. StellarOne Corporation Union Bankshares Corporation Tidelands Bancshares, Inc Bancorp Rhode Island, Inc. Hawthorn Bancshares, Inc. The Elmira Savings Bank, FSB Alliance Financial Corporation Heartland Financial USA, Inc. Citizens First Corporation FFW Corporation Plains Capital Corporation Tri-County Financial Corporation OneUnited Bank Patriot Bancshares, Inc. Pacific City Financial Corporation New York Hopkinsville Flint Columbus Little Rock Los Angeles Greensboro Houston Wilmington Portsmouth Los Angeles Roanoke Ionia Nashville Litchfield Boyertown Lewiston Gastonia Arlington Pittsburgh North Andover Sandpoint Goleta Columbus Franklin Glen Allen Mobile St. Louis Millersburg Santa Rosa Wyomissing Boston New Orleans Hartford Denver Atascadero Stuart Michigan City Atlanta Staunton Pittsfield Westlake Village Johnstown Aiken Lake Forest Lake Success Chesapeake Charlottesville Bowling Green Mt. Pleasant Providence Lee's Summit Elmira Syracuse Dubuque Bowling Green Wabash Dallas Waldorf Boston Houston Los Angeles NY KY MI IN AR CA NC TX DE VA CA VA MI TN CT PA ME NC VA PA MA ID CA GA TN VA AL MO PA CA PA MA LA CT CO CA FL IN GA VA MA CA PA SC IL NY VA VA VA SC RI MO NY NY IA KY IN TX MD MA TX CA Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 120,000,000 18,400,000 300,000,000 21,500,000 75,000,000 55,000,000 52,372,000 125,198,000 45,220,000 76,458,000 62,158,000 16,019,000 72,000,000 95,000,000 10,000,000 150,000,000 4,227,000 20,500,000 71,000,000 7,000,000 15,000,000 27,000,000 15,600,000 967,870,000 30,000,000 17,680,000 50,000,000 35,000,000 10,000,000 8,500,000 25,000,000 22,000,000 300,000,000 5,448,000 64,450,000 4,000,000 50,000,000 25,000,000 48,200,000 12,643,000 40,000,000 25,000,000 25 000 000 21,000,000 18,000,000 250,000,000 70,000,000 14,700,000 30,000,000 59,000,000 14,448,000 30,000,000 30,255,000 9,090,000 26,918,000 81,698,000 8,779,000 7,289,000 87,631,000 15,540,000 12,063,000 26,038,000 16,200,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 3/31/2009 Remaining Investment Description Final Disposition Final Disposition Date Final Disposition Proceeds Par Par Par Par 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 12/12/2008 2 2 2 3 2 2 Purchase Date 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 12/5/2008 Footnote Treasury Investment Remaining After Capital Repayment Capital Repayment Details Name of Institution City State Investment Description Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount 4 4 4 6 Remaining Capital Amount $ 28,000,000 $ 0 Warrants $ 100,000,000 $ 0 Warrants $ 120,000,000 $ 0 Disposition Investment Description Warrants Page 2 of 11 Seller Footnote 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 1 Purchase Date 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/19/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/23/2008 12/31/2008 12/31/2008 12/31/2008 12/31/2008 12/31/2008 12/31/2008 12/31/2008 1/9/2009 Name of Institution Purchase Details City State Investment Description Treasury Investment Remaining After Capital Repayment Capital Repayment Details Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount Marquette National Corporation Exchange Bank Monadnock Bancorp, Inc. Bridgeview Bancorp, Inc. Fidelity Financial Corporation Patapsco Bancorp, Inc. NCAL Bancorp FCB Bancorp, Inc. First Financial Bancorp Bridge Capital Holdings International Bancshares Corporation First Sound Bank M&T Bank Corporation Emclaire Financial Corp. Park National Corporation Green Bankshares, Inc. Cecil Bancorp, Inc. Financial Institutions, Inc. Fulton Financial Corporation United Bancorporation of Alabama, Inc. MutualFirst Financial, Inc. BCSB Bancorp, Inc. HMN Financial, Inc. First Community Bank Corporation of America Sterling Bancorp Intervest Bancshares Corporation Peoples Bancorp of North Carolina, Inc. P k l Fi i l Corporation ti Parkvale Financial C Timberland Bancorp, Inc. 1st Constitution Bancorp Central Jersey Bancorp Western Illinois Bancshares Inc. Saigon National Bank Capital Pacific Bancorp Uwharrie Capital Corp Mission Valley Bancorp The Little Bank, Incorporated Pacific Commerce Bank Citizens Community Bank Seacoast Commerce Bank TCNB Financial Corp. Leader Bancorp, Inc. Nicolet Bankshares, Inc. Magna Bank Western Community Bancshares, Inc. Community Investors Bancorp, Inc. Capital Bancorp, Inc. Cache Valley Banking Company Citizens Bancorp Tennessee Valley Financial Holdings, Inc. Pacific Coast Bankers' Bancshares SunTrust Banks, Inc. The PNC Financial Services Group Inc. Fifth Third Bancorp Hampton Roads Bankshares, Inc. CIT Group Inc. West Bancorporation, Inc. First Banks, Inc. Bank of America Corporation Chicago Santa Rosa Peterborough Bridgeview Wichita Dundalk Los Angeles Louisville Cincinnati San Jose Laredo Seattle Buffalo Emlenton Newark Greeneville Elkton Warsaw Lancaster Atmore Muncie Baltimore Rochester Pinellas Park New York New York Newton M ill Monroeville Hoquiam Cranbury Oakhurst Monmouth Westminster Portland Albemarle Sun Valley Kinston Los Angeles South Hill Chula Vista Dayton Arlington Green Bay Memphis Palm Desert Bucyrus Rockville Logan Nevada City Oak Ridge San Francisco Atlanta Pittsburgh Cincinnati Norfolk New York West Des Moines Clayton Charlotte 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 Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants P f d St k / W t Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 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 7,400,000 600,000,000 7,500,000 100,000,000 72,278,000 11,560,000 37,515,000 376,500,000 10,300,000 32,382,000 10,800,000 26,000,000 10,685,000 42,000,000 25,000,000 25,054,000 31 762 000 31,762,000 16,641,000 12,000,000 11,300,000 6,855,000 1,549,000 4,000,000 10,000,000 5,500,000 7,500,000 4,060,000 3,000,000 1,800,000 2,000,000 5,830,000 14,964,000 13,795,000 7,290,000 2,600,000 4,700,000 4,767,000 10,400,000 3,000,000 11,600,000 1,350,000,000 7,579,200,000 3,408,000,000 80,347,000 2,330,000,000 36,000,000 295,400,000 10,000,000,000 FirstMerit Corporation Farmers Capital Bank Corporation Peapack-Gladstone Financial Corporation Commerce National Bank The First Bancorp, Inc. Akron Frankfort Gladstone Newport Beach Damariscotta OH KY NJ CA ME Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants $ $ $ $ $ 125,000,000 30,000,000 28,685,000 5,000,000 25,000,000 Par Par Par Par Par 4/22/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 Sun Bancorp, Inc. Crescent Financial Corporation American Express Company Central Pacific Financial Corp. Centrue Financial Corporation Eastern Virginia Bankshares, Inc. Colony Bankcorp, Inc. Vineland Cary New York Honolulu St. Louis Tappahannock Fitzgerald NJ NC NY HI MO VA GA Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants $ $ $ $ $ $ $ 89,310,000 24,900,000 3,388,890,000 135,000,000 32,668,000 24,000,000 28,000,000 Par Par Par Par Par Par Par 4/8/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 Independent Bank Corp. Cadence Financial Corporation LCNB Corp. Center Bancorp, Inc. F.N.B. Corporation C&F Financial Corporation North Central Bancshares, Inc. Carolina Bank Holdings, Inc. First Bancorp First Financial Service Corporation Codorus Valley Bancorp, Inc. MidSouth Bancorp, Inc. First Security Group, Inc. Rockland Starkville Lebanon Union Hermitage West Point Fort Dodge Greensboro Troy Elizabethtown York Lafayette Chattanooga MA MS OH NJ PA VA IA NC NC KY PA LA TN Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ 78,158,000 44,000,000 13,400,000 10,000,000 100,000,000 20,000,000 10,200,000 16,000,000 65,000,000 20,000,000 16,500,000 20,000,000 33,000,000 Par Par Par Par Par Par Par Par Par Par Par Par Par 4/22/2009 Remaining Capital Amount Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 6 Remaining Investment Description 4 4 4 $ 125,000,000 $ 0 Warrants $ 89,310,000 $ 0 Warrants $ 78,158,000 $ 0 Warrants Page 3 of 11 Seller Footnote 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 Purchase Date Name of Institution Purchase Details City State Investment Description Treasury Investment Remaining After Capital Repayment Capital Repayment Details Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/9/2009 1/16/2009 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 Shore Bancshares, Inc. The Queensborough Company American State Bancshares, Inc. Security California Bancorp Security Business Bancorp Sound Banking Company Mission Community Bancorp Redwood Financial Inc. Surrey Bancorp Independence Bank Valley Community Bank Rising Sun Bancorp Community Trust Financial Corporation GrandSouth Bancorporation Texas National Bancorporation Congaree Bancshares, Inc. New York Private Bank & Trust Corporation Home Bancshares, Inc. Washington Banking Company/ Whidbey Island Bank New Hampshire Thrift Bancshares, Inc. Bar Harbor Bankshares/Bar Harbor Bank & Trust Somerset Hills Bancorp SCBT Financial Corporation S&T Bancorp ECB Bancorp, Inc./East Carolina Bank First BanCorp Texas Capital Bancshares, Inc. p Yadkin Valley Financial Corporation Carver Bancorp, Inc Citizens & Northern Corporation MainSource Financial Group, Inc. MetroCorp Bancshares, Inc. United Bancorp, Inc. Old Second Bancorp, Inc. Pulaski Financial Corp OceanFirst Financial Corp. Community 1st Bank TCB Holding Company, Texas Community Bank Easton Louisville Great Bend Riverside San Diego Morehead City San Luis Obispo Redwood Falls Mount Airy East Greenwich Pleasanton Rising Sun Ruston Greenville Jacksonville Cayce New York Conway Oak Harbor Newport Bar Harbor Bernardsville Columbia Indiana Engelhard San Juan Dallas Elkin New York Wellsboro Greensburg Houston Tecumseh Aurora Creve Coeur Toms River Roseville The Woodlands 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 Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 25,000,000 12,000,000 6,000,000 6,815,000 5,803,000 3,070,000 5,116,000 2,995,000 2,000,000 1,065,000 5,500,000 5,983,000 24,000,000 9,000,000 3,981,000 3,285,000 267,274,000 50,000,000 26,380,000 10,000,000 18,751,000 7,414,000 64,779,000 108,676,000 17,949,000 400,000,000 75,000,000 36,000,000 18,980,000 26,440,000 57,000,000 45,000,000 20,600,000 73,000,000 32,538,000 38,263,000 2,550,000 11,730,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 4/15/2009 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 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 Centra Financial Holdings, Inc./Centra Bank, Inc. First Bankers Trustshares, Inc. Pacific Coast National Bancorp Community Bank of the Bay Redwood Capital Bancorp Syringa Bancorp Idaho Bancorp Puget Sound Bank United Financial Banking Companies, Inc. Dickinson Financial Corporation II The Baraboo Bancorporation Bank of Commerce State Bankshares, Inc. BNCCORP, Inc. First Manitowoc Bancorp, Inc. Southern Bancorp, Inc. Morrill Bancshares, Inc. Treaty Oak Bancorp, Inc. 1st Source Corporation Princeton National Bancorp, Inc. AB&T Financial Corporation First Citizens Banc Corp WSFS Financial Corporation Commonwealth Business Bank Seaside National Bank & Trust CalWest Bancorp Fresno First Bank Morgantown Quincy San Clemente Oakland Eureka Boise Boise Bellevue Vienna Kansas City Baraboo Charlotte Fargo Bismarck Manitowoc Arkadelphia Merriam Austin South Bend Princeton Gastonia Sandusky Wilmington Los Angeles Orlando Rancho Santa Margarita Fresno WV IL CA CA CA ID ID WA VA MO WI NC ND ND WI AR KS TX IN IL NC OH DE CA FL CA CA Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 15,000,000 10,000,000 4,120,000 1,747,000 3,800,000 8,000,000 6,900,000 4,500,000 5,658,000 146,053,000 20,749,000 3,000,000 50,000,000 20,093,000 12,000,000 11,000,000 13,000,000 3,268,000 111,000,000 25,083,000 3,500,000 23,184,000 52,625,000 7,701,000 5,677,000 4,656,000 1,968,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 3/31/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/23/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 First ULB Corp. Alarion Financial Services, Inc. Midland States Bancorp, Inc. Moscow Bancshares, Inc. Farmers Bank California Oaks State Bank Pierce County Bancorp Calvert Financial Corporation Liberty Bancshares, Inc. Crosstown Holding Company BankFirst Capital Corporation Southern Illinois Bancorp, Inc. FPB Financial Corp. Stonebridge Financial Corp. Peoples Bancorp Inc. Anchor BanCorp Wisconsin Inc. Parke Bancorp, Inc. Central Virginia Bankshares, Inc. Flagstar Bancorp, Inc. Oakland Ocala Effingham Moscow Windsor Thousand Oaks Tacoma Ashland Jonesboro Blaine Macon Carmi Hammond West Chester Marietta Madison Sewell Powhatan Troy CA FL IL TN VA CA WA MO AR MN MS IL LA PA OH WI NJ VA MI Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 4,900,000 6,514,000 10,189,000 6,216,000 8,752,000 3,300,000 6,800,000 1,037,000 57,500,000 10,650,000 15,500,000 5,000,000 3,240,000 10,973,000 39,000,000 110,000,000 16,288,000 11,385,000 266,657,000 Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par 4/22/2009 4 4 4 6 Remaining Capital Amount Final Disposition Remaining Investment Description Final Disposition Date Final Disposition Proceeds Disposition Investment Description Warrants $ 25,000,000 $ 0 $ 15,000,000 $ 0 Preferred Stock $ 4,900,000 $ 0 Preferred Stock 2 2 4/15/2009 Preferred Stock 4/22/2009 Preferred Stock 2, 7 2, 7 $ 750,000 $ 245,000 Page 4 of 11 Seller Footnote 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 Purchase Date 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 1/30/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/6/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 Name of Institution Middleburg Financial Corporation Peninsula Bank Holding Co. PrivateBancorp, Inc. Central Valley Community Bancorp Plumas Bancorp Stewardship Financial Corporation Oak Ridge Financial Services, Inc. First United Corporation Community Partners Bancorp Guaranty Federal Bancshares, Inc. Annapolis Bancorp, Inc. DNB Financial Corporation Firstbank Corporation Valley Commerce Bancorp Greer Bancshares Incorporated Ojai Community Bank Adbanc, Inc Beach Business Bank Legacy Bancorp, Inc. First Southern Bancorp, Inc. Country Bank Shares, Inc. Katahdin Bankshares Corp. Rogers Bancshares, Inc. UBT Bancshares, Inc. Bankers' Bank of the West Bancorp, Inc. W.T.B. Financial Corporation AMB Financial Corp. G ld t Bank, N.A. Goldwater B k N A Equity Bancshares, Inc. WashingtonFirst Bank Central Bancshares, Inc. Hilltop Community Bancorp, Inc. Northway Financial, Inc. Monument Bank Metro City Bank F & M Bancshares, Inc. First Resource Bank MidWestOne Financial Group, Inc. Lakeland Bancorp, Inc. Monarch Community Bancorp, Inc. The First Bancshares, Inc. Carolina Trust Bank Alaska Pacific Bancshares, Inc. PGB Holdings, Inc. The Freeport State Bank Stockmens Financial Corporation US Metro Bank First Express of Nebraska, Inc. Mercantile Capital Corp. Citizens Commerce Bancshares, Inc. Liberty Financial Services, Inc. Lone Star Bank First Market Bank, FSB Banner County Ban Corporation Centrix Bank & Trust Todd Bancshares, Inc. Georgia Commerce Bancshares, Inc. First Bank of Charleston, Inc. F & M Financial Corporation The Bank of Currituck CedarStone Bank Community Holding Company of Florida, Inc. Hyperion Bank Pascack Community Bank First Western Financial, Inc. QCR Holdings, Inc. Westamerica Bancorporation The Bank of Kentucky Financial Corporation PremierWest Bancorp Carrollton Bancorp FNB United Corp. First Menasha Bancshares, Inc. 1st Enterprise Bank DeSoto County Bank Security Bancshares of Pulaski County, Inc. State Capital Corporation BankGreenville Corning Savings and Loan Association Financial Security Corporation ColoEast Bankshares, Inc. Santa Clara Valley Bank, N.A. Reliance Bancshares, Inc. Regional Bankshares, Inc. Peoples Bancorp First Choice Bank Purchase Details City Middleburg Palo Alto Chicago Fresno Quincy Midland Park Oak Ridge Oakland Middletown Springfield Annapolis Downingtown Alma Visalia Greer Ojai Ogallala Manhattan Beach Milwaukee Boca Raton Milford Houlton Little Rock Marysville Denver Spokane Munster S tt d l Scottsdale Wichita Reston Houston Summit Berlin Bethesda Doraville Trezevant Exton Iowa City Oak Ridge Coldwater Hattiesburg Lincolnton Juneau Chicago Harper Rapid City Garden Grove Gering Boston Versailles New Orleans Houston Richmond Harrisburg Bedford Hopkinsville Atlanta Charleston Salisbury Moyock Lebanon Miramar Beach Philadelphia Westwood Denver Moline San Rafael Crestview Hills Medford Baltimore Asheboro Neenah Los Angeles Horn Lake Waynesville Greenwood Greenville Corning Basin Lamar Santa Paula Frontenac Hartsville Lynden Cerritos State VA CA IL CA CA NJ NC MD NJ MO MD PA MI CA SC CA NE CA WI FL NE ME AR KS CO WA IN AZ KS VA TX NJ NH MD GA TN PA IA NJ MI MS NC AK IL KS SD CA NE MA KY LA TX VA NE NH KY GA WV NC NC TN FL PA NJ CO IL CA KY OR MD NC WI CA MS MO MS SC AR WY CO CA MO SC WA CA Investment Description Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants P f d St k / E i dW t Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Investment Amount $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Treasury Investment Remaining After Capital Repayment Capital Repayment Details 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 33,000,000 7,700,000 9,993,000 2,080,000 12,720,000 6,000,000 5,498,000 10,900,000 7,525,000 10,449,000 25,000,000 8,950,000 12,639,000 110,000,000 3,674,000 2 568 000 2,568,000 8,750,000 6,633,000 5,800,000 4,000,000 10,000,000 4,734,000 7,700,000 4,609,000 2,600,000 16,000,000 59,000,000 6,785,000 5,000,000 4,000,000 4,781,000 3,000,000 301,000 15,568,000 2,861,000 5,000,000 3,500,000 6,300,000 5,645,000 3,072,000 33,900,000 795,000 7,500,000 4,000,000 8,700,000 3,345,000 17,000,000 4,021,000 3,564,000 1,050,000 1,552,000 3,756,000 8,559,000 38,237,000 83,726,000 34,000,000 41,400,000 9,201,000 51,500,000 4,797,000 4,400,000 1,173,000 2,152,000 15,000,000 1,000,000 638,000 5,000,000 10,000,000 2,900,000 40,000,000 1,500,000 18,000,000 2,200,000 Pricing Mechanism Capital Repayment Date Capital Repayment Amount 6 Remaining Capital Amount Remaining Investment Description Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Page 5 of 11 Seller Footnote 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 Purchase Date 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/13/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/20/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 2/27/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/6/2009 3/13/2009 3/13/2009 3/13/2009 Name of Institution Gregg Bancshares, Inc. Hometown Bancshares, Inc. Midwest Regional 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 Private Bank of California Lafayette Bancorp, Inc. Liberty Shares, Inc. White River Bancshares Company United American Bank Crazy Woman Creek Bancorp, Inc. First Priority Financial Corp. Mid-Wisconsin Financial Services, Inc. Market Bancorporation, Inc. Hometown Bancorp of Alabama, Inc. Security State Bancshares, Inc. CBB Bancorp BancPlus Corporation C t lC it Corporation ti Central Community C First BancTrust Corporation Premier Service Bank Florida Business BancGroup, Inc. Hamilton State Bancshares Lakeland Financial Corporation First M&F Corporation Southern First Bancshares, Inc. Integra Bank Corporation Community First Inc. BNC Financial Group, Inc. California Bank of Commerce Columbine Capital Corp. National Bancshares, Inc. First State Bank of Mobeetie Ridgestone Financial Services, Inc. Community Business Bank D.L. Evans Bancorp TriState Capital Holdings, Inc. Green City Bancshares, Inc. First Gothenburg Bancshares, Inc. Green Circle Investments, Inc. Private Bancorporation, Inc. Regent Capital Corporation Central Bancorp, Inc. Medallion Bank PSB Financial Corporation Avenue Financial Holdings, Inc. Howard Bancorp, Inc. FNB Bancorp The Victory Bank Catskill Hudson Bancorp, Inc Midtown Bank & Trust Company HCSB Financial Corporation First Busey Corporation First Federal Bancshares of Arkansas, Inc. Citizens Bancshares Corporation ICB Financial First Texas BHC, Inc. Farmers & Merchants Bancshares, Inc. Blue Ridge Bancshares, Inc. First Reliance Bancshares, Inc. Merchants and Planters Bancshares, Inc. First Southwest Bancorporation, Inc. Germantown Capital Corporation, Inc. BOH Holdings, Inc. AmeriBank Holding Company Highlands Independent Bancshares, Inc. Pinnacle Bank Holding Company, Inc. Blue River Bancshares, Inc. Marine Bank & Trust Company Community Bancshares of Kansas, Inc. Regent Bancorp, Inc. Park Bancorporation, Inc. PeoplesSouth Bancshares, Inc. First Place Financial Corp. Salisbury Bancorp, Inc. First Northern Community Bancorp Purchase Details City Ozark Corbin Festus Bern Spokane Springfield Clarksville Devon Lakewood Narberth Muncie Waukegan Sonoma Woodsville Los Angeles Oxford Hinesville Fayetteville San Mateo Buffalo Malvern Medford New Market Oneonta Charleston Cartersville Ridgeland T l Temple Paris Riverside Tampa Hoschton Warsaw Kosciusko Greenville Evansville Columbia New Canaan Lafayette Buena Vista Bettendorf Mobeetie Brookfield West Sacramento Burley Pittsburgh Green City Gothenburg Clive Minneapolis Nowata Garland Salt Lake City Many Nashville Ellicott City South San Francisco Limerick Rock Hill Atlanta Loris Urbana Harrison Atlanta Ontario Fort Worth Houston Independence Florence Toone Alamosa Germantown Houston Collinsville Sebring Orange City Shelbyville Vero Beach Goff Davie Madison Colquitt Warren Lakeville Dixon State MO KY MO KS WA MO TN PA WA PA IN IL CA NH CA MS GA AR CA WY PA WI MN AL MO GA MS TX IL CA FL GA IN MS SC IN TN CT CA CO IA TX WI CA ID PA MO NE IA MN OK TX UT LA TN MD CA PA NY GA SC IL AR GA CA TX TX MO SC TN CO TN TX OK FL FL IN FL KS FL WI GA OH CT CA Investment Description Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants P f d St k / E i dW t Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock w/Warrants Investment Amount $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Treasury Investment Remaining After Capital Repayment Capital Repayment Details 825,000 1,900,000 700,000 985,000 10,500,000 21,900,000 17,243,000 6,200,000 1,992,000 30,407,000 116,000,000 17,211,000 8,653,000 6,920,000 5,450,000 1,998,000 17,280,000 16,800,000 8,700,000 3,100,000 4,579,000 10,000,000 2,060,000 3,250,000 12,500,000 2,644,000 48,000,000 22 000 000 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 3,976,000 19,891,000 23,000,000 651,000 7,570,000 2,400,000 4,960,000 2,655,000 22,500,000 11,800,000 9,270,000 7,400,000 5,983,000 12,000,000 541,000 3,000,000 5,222,000 12,895,000 100,000,000 16,500,000 7,462,000 6,000,000 13,533,000 11,000,000 12,000,000 15,349,000 1,881,000 5,500,000 4,967,000 10,000,000 2,492,000 6,700,000 4,389,000 5,000,000 3,000,000 500,000 9,982,000 23,200,000 12,325,000 72,927,000 8,816,000 17,390,000 Pricing Mechanism Capital Repayment Date Capital Repayment Amount 6 Remaining Capital Amount Remaining Investment Description Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Page 6 of 11 Seller Footnote 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 3 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 Purchase Date 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/13/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/20/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 3/27/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/3/2009 4/10/2009 4/10/2009 4/10/2009 4/10/2009 4/10/2009 4/17/2009 4/17/2009 4/17/2009 4/17/2009 4/17/2009 4/17/2009 4/24/2009 4/24/2009 4/24/2009 4/24/2009 4/24/2009 4/24/2009 4/24/2009 4/24/2009 4/24/2009 Name of Institution Discover Financial Services Provident Community Bancshares, Inc. First American International Corp. BancIndependent, Inc. Haviland Bancshares, Inc. 1st United Bancorp, Inc. Madison Financial Corporation First National Corporation St. Johns Bancshares, Inc. Blackhawk Bancorp, Inc. IBW Financial Corporation Butler Point, Inc. Bank of George Moneytree Corporation Sovereign Bancshares, Inc. First Intercontinental Bank Heritage Oaks Bancorp Community First Bancshares Inc. First NBC Bank Holding Company First Colebrook Bancorp, Inc. Kirksville Bancorp, Inc. Peoples Bancshares of TN, Inc Premier Bank Holding Company Citizens Bank & Trust Company Farmers & Merchants Financial Corporation Farmers State Bankshares, Inc. SBT Bancorp, Inc. CSRA B k C Bank Corp. Trinity Capital Corporation Clover Community Bankshares, Inc. Pathway Bancorp Colonial American Bank MS Financial, Inc. Triad Bancorp, Inc. Alpine Banks of Colorado Naples Bancorp, Inc. CBS Banc-Corp. IBT Bancorp, Inc. Spirit BankCorp, Inc. Maryland Financial Bank First Capital Bancorp, Inc. Tri-State Bank of Memphis Fortune Financial Corporation BancStar, Inc. Titonka Bancshares, Inc Millennium Bancorp, Inc. TriSummit Bank Prairie Star Bancshares, Inc. Community First Bancshares, Inc. BCB Holding Company, Inc. City National Bancshares Corporation First Business Bank, N.A. SV Financial, Inc. Capital Commerce Bancorp, Inc. Metropolitan Capital Bancorp, Inc. Bank of the Carolinas Corporation Penn Liberty Financial Corp. Tifton Banking Company Patterson Bancshares, Inc BNB Financial Services Corporation Omega Capital Corp. Mackinac Financial Corporation / mBank Birmingham Bloomfield Bancshares, Inc Vision Bank - Texas Oregon Bancorp, Inc. Peoples Bancorporation, Inc. Indiana Bank Corp. Business Bancshares, Inc. Standard Bancshares, Inc. York Traditions Bank Purchase Details City Riverwoods Rock Hill Brooklyn Sheffield Haviland Boca Raton Richmond Strasburg St. Louis Beloit Washington Catlin Las Vegas Lenoir City Dallas Doraville Paso Robles Union City New Orleans Colebrook Kirksville Madisonville Tallahassee Covington Argonia Holton Simsbury W Wrens Los Alamos Clover Cairo West Conshohocken Kingwood Frontenac Glenwood Springs Naples Russellville Irving Bristow Towson Glen Ellen Memphis Arnold Festus Titonka Edwards Kingsport Olathe Harrison Theodore Newark San Diego Sterling Milwaukee Chicago Mocksville Wayne Tifton Patterson New York Lakewood Manistique Birmingham Richardson Salem Easley Dana Clayton Hickory Hills York State IL SC NY AL KS FL KY VA MO WI DC IL NV TN TX GA CA TN LA NH MO TN FL LA KS KS CT GA NM SC NE PA TX MO CO FL AL TX OK MD VA TN MO MO IA CO TN KS AR AL NJ CA IL WI IL NC PA GA LA NY CO MI MI TX OR SC IN MO IL PA Investment Description Preferred Stock w/Warrants Preferred Stock w/Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants P f d St k / E i dW t Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Investment Amount $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1,224,558,000 9,266,000 17,000,000 21,100,000 425,000 10,000,000 3,370,000 13,900,000 3,000,000 10,000,000 6,000,000 607,000 2,672,000 9,516,000 18,215,000 6,398,000 21,000,000 20,000,000 17,836,000 4,500,000 470,000 3,900,000 9,500,000 2,400,000 442,000 700,000 4,000,000 2 400 000 2,400,000 35,539,000 3,000,000 3,727,000 574,000 7,723,000 3,700,000 70,000,000 4,000,000 24,300,000 2,295,000 30,000,000 1,700,000 10,958,000 2,795,000 3,100,000 8,600,000 2,117,000 7,260,000 2,765,000 2,800,000 12,725,000 1,706,000 9,439,000 2,211,000 4,000,000 5,100,000 2,040,000 13,179,000 9,960,000 3,800,000 3,690,000 7,500,000 2,816,000 11,000,000 1,635,000 1,500,000 3,216,000 12,660,000 1,312,000 15,000,000 60,000,000 4,871,000 Treasury Investment Remaining After Capital Repayment Capital Repayment Details Pricing Mechanism Capital Repayment Date Capital Repayment Amount 6 Remaining Capital Amount Remaining Investment Description Final Disposition Final Disposition Date Disposition Investment Description Final Disposition Proceeds Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par P Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Par Page 7 of 11 Seller Purchase Details Footnote 2 2 Purchase Date 4/24/2009 4/24/2009 Grand Capital Corporation Allied First Bancorp, Inc. Tulsa Oswego OK IL 8 4/24/2009 Frontier Bancshares, Inc. Austin TX Name of Institution City State Investment Description Treasury Investment Remaining After Capital Repayment Capital Repayment Details Investment Amount Pricing Mechanism Capital Repayment Date Capital Repayment Amount Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants Subordinated Debentures w/Exercised Warrants $ $ 4,000,000 3,652,000 3,000,000 $ 199,010,094,000 Disposition Investment Description Final Disposition Proceeds Par Total Purchase Amount Remaining Capital Amount Final Disposition Final Disposition Date Par Par $ 6 Remaining Investment Description TOTAL TREASURY CPP INVESTMENT AMOUNT Total Capital Repayment Amount $ $ 1,036,540,000 197,973,554,000 1/ This transaction was included in previous Transaction Reports with Merrill Lynch & Co., Inc. listed as the qualifying institution and a 10/28/2008 transaction date, footnoted to indicate that settlement was deferred pending merger. The purchase of Merrill Lynch by Bank of America was completed on 1/1/2009, and this transaction under the CPP was funded on 1/9/2009. 2/ Privately-held qualified financial institution; Treasury received a warrant to purchase additional shares of preferred stock, which it exercised immediately. 3/ To promote community development financial institutions (CDFIs), Treasury does not require warrants as part of its investment in certified CDFIs when the size of the investment is $50 million or less. 4/ Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009. 5/ Redemption pursuant to a qualified equity offering. 6/ This amount does not include accrued and unpaid dividends, which must be paid at the time of capital repayment. 7/ The proceeds associated with the disposition of this investment do not include accrued and unpaid dividends. 8/ Subchapter S corporation; Treasury received a warrant to purchase additional subordinated debentures, which it exercised immediately. Page 8 of 11 SYSTEMICALLY SIGNIFICANT FAILING INSTITUTIONS Seller Foot note 11/25/2008 3 Name of Institution Date 4/17/2009 AIG Purchase Details City New York AIG New York State Transaction Type NY Purchase NY Purchase Investment Description Preferred Stock w/ Warrants Preferred Stock w/ Warrants TOTAL Exchange Details Investment Amount $ 40,000,000,000 $ 29,835,000,000 $ Pricing Mechanism Date Transaction Type Par 4/17/2009 Exchange Par Pricing Investment Amount Mechanism Investment Description Preferred Stock w/ Warrants 1 $40,000,000,000 Par 2 69,835,000,000 1/ On 4/17/2009, Treasury exchanged its Series D Fixed Rate Cumulative Preferred Shares for Series E Fixed Rate Non-Cumulative Preferred Shares with no change to Treasury's initial investment amount. In addition, in order for AIG to fully redeem the Series E Preferred Shares, it has an additional obligation to Treasury of $1,604,576,000 to reflect the cumulative unpaid dividends for the Series D Preferred Shares due to Treasury through and including the exchange date. 2/ The investment price reflects Treasury's commitment to invest up to $30 billion less a reduction of $165 million representing retention payments AIG Financial Products made to its employees in March 2009. 3/ This transaction does not include AIG's commitment fee of an additional $165 million scheduled to be paid from its operating income in three equal installments over the five-year life of the facility. AUTOMOTIVE INDUSTRY FINANCING PROGRAM Seller State Transaction Type Detroit Detroit MI MI Purchase Purchase Preferred Stock w/ Exercised Warrants Debt Obligation $ $ 5,000,000,000 884,024,131 Pricing Mechanism Liquidation Preference N/A General Motors Corporation Chrysler Holding LLC Detroit Auburn Hills MI MI Purchase Purchase Debt Obligation w/ Warrants and Additional Note Debt Obligation w/ Additional Note $ $ 13,400,000,000 4,000,000,000 N/A N/A Chrysler Financial Services Americas LLC General Motors Corporation Chrysler Holding LLC Chrysler Holding LLC Farmington Hills Detroit Auburn Hills Auburn Hills MI MI MI MI Purchase Purchase Purchase Purchase Debt Obligation w/ Additional Note Debt Obligation w/ Additional Note Debt Obligation w/ Additional Note Debt Obligation w/ Additional Note $ $ $ $ 1,500,000,000 2,000,000,000 500,000,000 280,130,642 N/A N/A N/A N/A $ 27,564,154,773 Foot note Date 1 12/29/2008 12/29/2008 GMAC LLC General Motors Corporation 12/31/2008 1/2/2009 1/16/2009 4/22/2009 4/29/2009 4/29/2009 2 3 4, 5 4, 6 Name of Institution City Investment Description TOTAL Investment Amount 1/ Treasury committed to lend General Motors Corporation up to $1,000,000,000. The ultimate level of funding was dependent upon the level of investor participation in GMAC LLC's rights offering. The amount has been updated to reflect the final level of funding. 2/ The loan was funded through Chrysler LB Receivables Trust, a special purpose vehicle created by Chrysler Financial. The amount of $1,500,000,000 represents the maximum loan amount. The loan will be incrementally funded. 3/ This transaction is an amendment to Treasury's 12/31/2008 agreement with General Motors Corporation, bringing the total loan amount to $15,400,000,000. 4/ This transaction is an amendment to Treasury's 1/2/2009 agreement with Chrysler Holding LLC, increasing the total loan amount to $4,780,130,642. 5/ The loan may be incrementally funded. 6/ The loan was used to capitalize Chrysler Warranty SPV LLC, a special purpose vehicle created by Chrysler LLC. Page 9 of 11 AUTOMOTIVE SUPPLIER SUPPORT PROGRAM Foot note 1 2 Seller Date 4/9/2009 4/9/2009 Name of Institution GM Supplier Receivables, LLC Chrysler Receivables SPV LLC City Wilmington Wilmington State DE DE Transaction Type Purchase Purchase Investment Description Debt Obligation w/ Additional Note Debt Obligation w/ Additional Note TOTAL Investment Amount $ 3,500,000,000 $ 1,500,000,000 $ Pricing Mechanism N/A N/A 5,000,000,000 1/ The loan was funded through GM Supplier Receivables, LLC, a special purpose vehicle created by General Motors Corporation. The amount of $3,500,000,000 represents the maximum loan amount. The loan will be incrementally funded. The agreement was fully executed on 4/9/2009, but was made effective as of 4/3/2009. 2/ The loan was funded through Chrysler Receivables SPV LLC, a special purpose vehicle created by Chrysler LLC. The amount of $1,500,000,000 represents the maximum loan amount. The loan will be incrementally funded. The agreement was fully executed on 4/9/2009, but was made effective as of 4/7/2009. TARGETED INVESTMENT PROGRAM Foot note Seller Date 12/31/2008 1/16/2009 Name of Institution Citigroup Inc. Bank of America Corporation City New York Charlotte State NY NC Transaction Type Purchase Purchase Investment Description Preferred Stock w/ Warrants Preferred Stock w/ Warrants TOTAL Investment Amount $ 20,000,000,000 $ 20,000,000,000 $ Pricing Mechanism Par Par 40,000,000,000 ASSET GUARANTEE PROGRAM Foot note Seller Name of Institution Date 1/16/2009 City Citigroup Inc. New York State Transaction Type NY Guarantee Investment Description Second-Loss Guarantee on Asset Pool TOTAL Guarantee Limit $ 5,000,000,000 $ Premium Received Preferred Stock and Warrants 5,000,000,000 CONSUMER AND BUSINESS LENDING INITIATIVE INVESTMENT PROGRAM Seller Foot note Date 1 3/3/2009 Name of Institution TALF LLC City Wilmington State Transaction Type DE Purchase Investment Description Debt Obligation w/ Additional Note TOTAL Investment Amount $ 20,000,000,000 $ Pricing Mechanism N/A 20,000,000,000 1/ The loan was funded through TALF LLC, a special purpose vehicle created by The Federal Reserve Bank of New York. The amount of $20,000,000,000 represents the maximum loan amount. The loan will be incrementally funded. Page 10 of 11 HOME AFFORDABLE MODIFICATION PROGRAM Foot note Date 4/13/2009 4/13/2009 4/13/2009 4/13/2009 4/13/2009 4/13/2009 4/16/2009 4/17/2009 4/17/2009 4/20/2009 4/20/2009 4/24/2009 4/27/2009 Servicer Name of Institution Select Portfolio Servicing CitiMortgage, Inc. Wells Fargo Bank, NA GMAC Mortgage, Inc. Saxon Mortgage Services, Inc. Chase Home Finance, LLC Ocwen Financial Corporation, Inc. Bank of America, N.A. Countrywide Home Loans Servicing LP Home Loan Services, Inc. Wilshire Credit Corporation Green Tree Servicing LLC Carrington Mortgage Services, LLC City Salt Lake City O'Fallon Des Moines Ft. Washington Irving Iselin West Palm Beach Simi Valley Simi Valley Pittsburgh Beaverton Saint Paul Santa Ana State UT MO IA PA TX NJ FL CA CA PA OR MN CA Transaction Type Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Investment Description Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications TOTAL $ $ $ $ $ $ $ $ $ $ $ $ $ Investment Cap 1 Amount 376,000,000 2,071,000,000 2,873,000,000 633,000,000 407,000,000 3,552,000,000 659,000,000 798,900,000 1,864,000,000 319,000,000 366,000,000 156,000,000 195,000,000 $ 14,269,900,000 Pricing Mechanism N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 1 / The Investment Cap represents the potential total amount allocated to each servicer and includes the maximum amount allotted for all payments to servicers and lenders/investors as well as payments on behalf of borrowers. This Investment Cap is subject to adjustment based on the total amount allocated to the program and individual servicer usage for borrower modifications. Any adjustments to the Cap will be reflected in future Transaction Reports. Page 11 of 11
@FedFRASER