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Troubled Asset Relief Program (TARP)
Monthly 105(a) Report – February 2011
March 10, 2011
This report to Congress is pursuant to Section 105(a) of the Emergency Economic Stabilization Act of 2008.
Monthly 105(a) Report
Section
February 2011
Page
Where are the TARP Funds? ............................................................................................................................................... 2
•
Daily TARP Progress Report
•
Treasury Estimates of the Impact of TARP Programs and Other Treasury Investment in AIG on the Federal Budget
Program Updates ……………………………………………………………………………………………………........................ 8
•
Automotive Industry Financing Program
•
American International Group
•
Capital Purchase Program
•
Housing Programs
Appendix 1 – Financial Statement
More information is available at FinancialStability.gov. The website was updated in January 2011 to be more accessible, user-friendly and
informative with:
Improved Program Pages
Better Organization and Presentation of Documents and Data
New Infrastructure in a one-stop site for Treasury
1
Monthly 105(a) Report
February 2011
The Troubled Asset Relief Program was established pursuant to the Emergency Economic Stabilization Act of 2008 (EESA). The second
anniversary of EESA in October 2010 marked the end of the authority to make new financial commitments. By objective standards, the Troubled
Asset Relief Program has worked: it helped stop widespread financial panic, it helped prevent what could have been a devastating collapse of our
financial system, and it did so at a cost that is far less than what most people expected at the time the law was passed. Going forward, our focus is
to manage the remaining TARP investments prudently while working to recover as much of the taxpayers’ funds as possible. We will also continue
our efforts to help distressed homeowners. And we will take these steps while maintaining comprehensive accountability and transparency
standards.
Where are TARP Funds? 1
This report contains two charts that provide a complete picture of how TARP funds have been used, the extent to which they have been returned,
and how much the program will cost.
•
Daily TARP Progress Report
The first chart shows for each TARP program the amount of funds obligated, the amount actually disbursed, the repayments and income
received and any losses. Thus, a reader can quickly see how much cash was disbursed under a particular program and how much cash has
come back to Treasury. These amounts do not represent lifetime cost estimates, which are shown in the next chart. This chart is also
available on FinancialStability.gov and is updated after every business day.
•
Treasury Estimates of the Impact of TARP Programs and Other Treasury Investment in AIG on the Federal Budget
The second chart provides for each program within TARP the amount obligated, the amount disbursed, the outstanding balance, and the
estimated lifetime cost. Estimated lifetime cost represents Treasury’s best estimate of what the program will ultimately cost the
taxpayer. Estimated lifetime cost is calculated quarterly in accordance with federal budget rules and in conjunction with the Office of
Management and Budget. Because some of the TARP investments are in publicly traded securities, we also provide additional information to
help readers know the current value of those investments. This chart also shows the estimated lifetime cost of the additional investment by
Treasury in AIG.
This chart utilizes the methodology that TARP has consistently used to estimate these lifetime costs including the requirement to use a
discount rate that reflects market risk as required by EESA for future cash flows. Over time, market conditions and the performance of
specific investments will be critical determinants of TARP’s lifetime cost. The methodology used adheres to government budgeting guidance
and includes investments and other disbursements expected to be made in the future and includes assumptions regarding future events,
which are inherently uncertain. These estimates do not necessarily reflect official Administration budgetary estimates of the deficit impact of
TARP and may differ from the official estimates presented in the President’s Budget, the Midsession Review of the Budget, and the report
required in 2013 under Section 134 of EESA.
1
Numbers in text and tables in this report may not add up because of rounding.
2
Monthly 105(a) Report
Figure 1:
February 2011
Daily TARP Progress Report as of March 9, 2011 2
Principal/Investment
Income/Revenue
Gain / Other
Warrants
Realized
(*Dollars in Billions*)
Obligated
Disbursed
Repayments
Loss1
Write-offs
Outstanding
Interest2
Dividends2
Income 1
Sold1
Total Income
Total Cash Back3
Bank Support Programs
Capital Purchase Program (CPP)4
Preferred & Other Securities
$
179.89
$
Citigroup Common
$
25.00
$
179.89
$
146.17 $
25.00 $
25.00 $
2.58 $
-
$
0.01
-
$
30.80
$
9.72 $
-
$
-
$
7.05 $
$
0.00
$
0.93 $
-
$
6.85
$
0.05
$
16.77
$
162.94
7.84
$
32.84
Targeted Investment Program (TIP)
Bank Of America
$
20.00
$
20.00 $
20.00 $
-
$
-
$
-
$
1.44 $
-
$
-
$
1.24
$
2.67
$
22.67
Citigroup
$
20.00
$
20.00 $
20.00 $
-
$
-
$
-
$
1.57 $
-
$
-
$
0.19
$
1.76
$
21.76
Asset Guarantee Program (AGP)
Bank Of America
$
Citigroup5
$
Community Development Capital Initiative (CDCI)6
Bank Program Totals
$
-
$
-
$
-
$
-
$
-
$
5.00
-
$
-
$
-
$
-
$
-
$
-
$
$
0.57
$
0.57
$
-
$
-
$
-
$
0.57
$
0.00 $
-
$
$
250.46
$
245.46
$
$
31.37
$
14.10 $
-
$
9.37
0.46 $
0.00
211.17 $
2.58 $
0.01
$
-
$
0.28
$
0.44 $
-
-
$
2.25
$
-
$
$
-
$
0.28
$
0.28
$
2.76
$
2.76
$
0.00
$
0.00
8.60 $
32.08
$
243.24
0.07
-
Credit Market Programs
Public-Private Investment Program (PPIP)
Equity
$
7.51
$
5.42
$
0.16 $
-
$
-
$
5.26
$
Debt
$
14.90
$
10.52
$
0.56 $
-
$
-
$
9.97
$
-
$
Term Asset Backed Securities Lending Facility
$
4.30
$
0.10
$
$
-
$
-
$
0.10
$
-
$
Purchase SBA 7(a) Securities (SBA)
$
0.37
$
0.37
$
0.01 $
-
$
-
$
0.36
$
-
$
0.01
$
0.00
$
27.07
$
16.41
$
0.72 $
-
$
-
$
15.68
$
0.46 $
0.11
$
0.00
0.06
Credit Market Program Totals
-
-
$
0.11
$
-
$
$
-
$
0.46
$
0.62
-
$
-
$
0.11
$
0.66
-
$
-
$
-
$
$
-
$
0.01
$
0.02
$
-
$
0.58
$
1.30
0.06
-
Other Programs
American International Group (AIG)7
Common
$
47.54
$
47.54
$
$
-
$
-
$
47.54
$
-
$
-
$
$
-
$
$
0.06
Preferred
$
22.29
$
20.29
$
9.09 $
-
$
-
$
11.20
$
-
$
-
$
-
$
-
$
-
$
9.09
$
69.84
$
67.84
$
9.09 $
-
$
-
$
58.74
$
-
$
-
$
0.06
$
-
$
0.06
$
9.15
23.07 $
-
$
23.93
AIG Totals
-
Automotive Industry Financing Program (AIFP)
GM8
$
51.03
$
51.03 $
Chrysler
$
14.43
$
12.37
$
3.85 $
Ally (GMAC)
$
16.29
$
16.29
$
2.54
AIFP Totals
$
23.53
$
-
$
0.77
$
0.10
$
-
$
0.86
$
1.60 $
4.44
-
$
6.92
$
-
$
0.58
$
0.06
$
-
$
0.64
$
4.49
$
-
$
13.75
$
$
0.13
$
-
$
2.33
$
4.87
2.20 $
-
$
81.76
$
79.69 $
29.46 $
1.60 $
4.44
$
44.20
$
2.20 $
1.35
$
0.29
$
-
$
3.83
$
33.29
$
151.59
$
147.53 $
38.55 $
1.60 $
4.44
$
102.94
$
2.20 $
1.35
$
0.34
$
-
$
3.89
$
42.44
Making Homes Affordable
$
29.90
$
1.04
HFA Hardest-Hit Fund
$
7.60
$
0.13
250.44 $
4.18 $
4.44
$
149.99
$
16.77 $
1.46
$
9.72
$
8.60 $
36.54
$
286.98
Other Programs Totals
Treasury Housing Programs Under TARP
FHA Refinance
$
8.12
$
0.05
Housing Totals
$
45.62
$
1.22
Grand Totals
$
474.75
$
410.62
$
2
Differences in totals between figures 1 and 2 reflect the difference between assumptions used for lifetime cost estimates and actual amounts. These amounts do not represent
lifetime cost estimates, which OFS provides in a separate table.
3
Monthly 105(a) Report
February 2011
Notes to Daily TARP Progress Report as of March 9, 2011
1/ Amounts of "Realized Loss", "Gain/Other Income", and "Warrants Sold" reflect net cash receipts.
2/ For equity programs, all dividend and interest payments are classified in the “Dividends” category. For direct loan programs, all dividend and interest payments
are classified in the “Interest” category. These classifications are consistent with the accounting treatment used to produce OFS’ financial statements.
3/ This column represents the sum of repayments plus income/revenue.
4/ Outstanding principal/investment does not reflect exchanges out of CPP into CDCI ($355.72 million). Warrants sold includes gain on exchanges from CPP into
CDCI ($7.57 million). Citigroup CPP investment was originally in the form of preferred shares and was converted to common stock in July 2009
5/ Gain/Other Income does not include the receivable for up to $800 million in trust preferred securities from the Federal Deposit Insurance Corporation (FDIC).
6/ Disbursed reflects exchanges into CDCI from CPP ($363.29 million).
7/ Treasury’s investment in AIG was originally made in the form of preferred stock, some of which was converted to common stock in the recapitalization in
January, 2011. For convenience of the reader, the amount converted into common stock is listed under the “obligated” and “disbursed” columns.
8/ Treasury’s investment in GM was originally made primarily in the form of loans, some of which were subsequently converted into common and preferred stock.
Treasury currently holds only common stock. The realized loss reflects the difference between the price at which Treasury sold common shares in GM’s initial
public offering and the Treasury’s cost basis (per common share) for such shares. This calculation is not a projection of current or expected losses with respect
to dispositions of the remaining shares.
Note: Expenditures under the housing programs are made incrementally over time and are not expected to be repaid.
•
Total TARP repayments and income are now $287 billion – 70 percent of the $411 billion disbursed to date.
•
Total income from TARP programs is now more than $36 billion.
4
Monthly 105(a) Report
Figure 2:
February 2011
Treasury Estimates of the Impact of TARP Programs and Other Treasury Investment in AIG on the Federal Budget
President's
Programs
Budget
Outstanding
As of February 28, 2011
Estimated
Obligation/
Investment
Balance
Lifetime Cost1,2
$ 25.00
165.30
14.59
$
0.00
19.68
10.99
$
(6.46)
(8.24)
2.28
$ 204.89
$ 204.89
$ 30.67
$
(12.42)
$ 40.00
$ 5.00
$ 0.57
$ 40.00
$ 0.00
$ 0.57
$
$
$
0.00
0.00
0.57
$
$
$
(3.81)
(3.71)
0.29
Public-Private Investment Program (PPIP):
Equity
Debt
$
$
$
5.21
9.97
$
(0.31)
0.10
Total
Term Asset Backed Securities Lending Facility (TALF)
Purchase SBA 7(a) Securities (SBA)
$ 22.41
$ 4.30
$ 0.37
$ 15.89
$ 0.10
$ 0.37
$ 15.18
$ 0.10
$ 0.32
$
$
$
(0.21)
(0.33)
0.00
American International Group (AIG):
Preferred Stock
Common Stock4
$ 69.84
0.00
$ 67.84
0.00
$ 18.10
47.54
$
8.04
Total
$ 69.84
$ 67.84
$ 65.64
$
8.04
Automotive Industry Financing Program (AIFP)
$ 81.75
$ 79.69
$ 46.44
$
14.80
Sub-total for Investment Programs
$ 429.12
$ 409.35
$158.92
$
2.66
Treasury Housing Programs Under TARP
$ 45.63
$
$
0.00
$
45.63
$ 474.75
$ 410.57
$158.92
$
48.29
n/a
n/a
n/a
$
(20.17)
$ 474.75
$ 410.57
$158.92
$
28.12
(dollar amounts in billions)
Bank Support Programs:
Commitment
Disbursed
Capital Purchase Program (CPP):
Citigroup
Other banks with assets $10 billion or greater
Banks with assets less than $10 billion
$ 25.00
165.30
14.59
Total
Targeted Investment Program (TIP)
Asset Guarantee Program (AGP)3
Community Development Capital Initiative (CDCI)
Credit Market Programs:
7.51
14.90
5.37
10.52
Other Programs:
Total for TARP Programs
Additional AIG Common Shares Held by Treasury5
Total for TARP Programs and Additional AIG Shares
1.22
5
Monthly 105(a) Report
February 2011
Notes to Treasury Estimates of the Impact of TARP Programs and Other Treasury Investment in AIG on the Federal Budget as of February 28, 2011
1/ All lifetime cost information is as of November 30, 2010 as reflected in the FY 2012 President's Budget. Other figures – obligation/commitment, disbursed, and
outstanding investment balance - are updated through February 28, 2011. The updated figures do not include the repayments and disbursements made in early
March included in the Daily TARP Progress Report, which is comprised principally of the $2.7 billion Automotive Industry Financing Program repayment by Ally
Financial, Inc. and the $6.6 billion repayment by AIG. Estimated lifetime costs include interest effects of reestimates.
2/ Estimated lifetime cost figures shown above are currently updated quarterly in conjunction with the Office of Management and Budget. Estimated lifetime cost
of investments in publicly-traded securities is calculated by using the aggregate value of the investments at market prices as of November 30, 2010. The
following information is provided for the convenience of the reader to show the increase or decrease in aggregate value of such investments in light of market
prices as of March 7, 2011 and the corresponding effect on estimated cost assuming no other changes.
Investment
11/30/2010
Market
Value
3/7/2011
Market
Value
Increase
(Decrease)
in Cost
In billions
AIG Common Stock
$
39.14
$
40.52
$
(1.38)
GM Common Stock
$
17.10
$
15.85
$
1.25
Additional AIG Common Shares
$
20.17
$
20.88
$
(0.71)
3/ Estimated lifetime costs for AGP includes $276 million for the termination fee Bank of America paid Treasury for the value received from the announcement of
the negotiations on the guarantee and share losses on a pool of assets.
4/ The November 30, 2010 share price is valued for purposes of this table at $35.84 per share which includes an adjustment for the assumed value of AIG
warrants that had not been issued as of that date.
5/ Represents additional 563 million shares of AIG common stock that was received from the trust created by the Federal Reserve Bank of New York for the
benefit of the Treasury.
6
Monthly 105(a) Report
February 2011
Program Updates
Automotive Industry Financing Program
Ally Financial, Inc. (Ally Financial, formerly GMAC)
•
$2.7 billion of proceeds from public offering of trust preferred securities
On March 2, 2011, Treasury announced that it priced a secondary offering at par for all of its Ally Financial trust preferred securities.
Aggregate proceeds from the offering (together with a distribution fee) totaled approximately $2.7 billion. With the proceeds from this sale,
Treasury has received approximately $4.9 billion in return from Ally Financial to date, including $2.2 billion in dividends and interest.
Treasury now holds $5.9 billion of convertible preferred stock and 74 percent of the outstanding shares of common stock in Ally Financial.
•
Treasury appointment to Ally Financial’s board of directors
On February 28, 2011, Treasury exercised its right to appoint a member to Ally Financial’s board of directors, naming John D. Durrett. Mr.
Durrett is currently a strategic advisor to Serent Capital, and was previously a Managing Director and Chairman of the Finance Committee of
the Board of Directors at McKinsey & Company, where he worked on matters involving strategy and organizational turnaround in a variety of
industries including financial services.
•
Quarterly dividend payments of $186.93 million
In February, Treasury received its scheduled quarterly dividend payments from Ally Financial in the amounts of $133.59 million associated
with the convertible preferred stock and $53.34 million associated with the trust preferred securities.
American International Group
$6.9 billion of proceeds from the sale of MetLife securities by AIG to repay U.S. taxpayers
•
On March 2, 2011, a total of 146.8 billion shares of MetLife common stock were sold for $6.3 billion of gross proceeds. Additionally, AIG sold
equity units in MetLife for $3.3 billion. AIG used $6.6 billion of proceeds to repay the U.S. taxpayers’ investment through the redemption of
an equal portion of Treasury’s preferred equity interests in AIG, which currently stand at $18.2 billion.
•
Most of the proceeds from the equity units were deposited in an indemnity escrow to secure obligations that may be owed to MetLife, as
previously agreed under the terms of the acquisition of the American Life Insurance Company (ALICO) by MetLife. These proceeds will be
released according to agreed-upon minimum holding periods over the next two years and used to pay down Treasury’s preferred equity
interests.
7
Monthly 105(a) Report
February 2011
•
Approximately $300 million that was previously held in escrow for a tax payment in connection with the sale of ALICO to MetLife was
released to pay down an additional portion of Treasury’s preferred equity interests in AIG. This tax payment will now be made with proceeds
from the sale of the equity units, thereby reducing the indemnity escrow account balance to $2.7 billion.
•
The previous sale, in February, by AIG of its subsidiaries AIG Star Life Insurance Co., Ltd. and AIG Edison Life Insurance Company
delivered $2.2 billion in proceeds to Treasury, and reduced the outstanding amount of Treasury’s preferred equity interests in AIG from
$20.4 billion to $18.2 billion.
Capital Purchase Program (CPP)
Treasury created the Capital Purchase Program in October 2008 to stabilize the financial system by providing capital to viable banks of all sizes
throughout the nation. Treasury estimates the program will result in a positive return for taxpayers (see Figure 2). The table below shows the
cumulative Capital Purchase Program activity since program inception.
Figure 3:
Capital Purchase Program Snapshot as of February 28, 2011
CPP Cumulative Investments
Amount Invested:
Number of Institutions:
Largest Investment:
Smallest Investment:
Bank s in 48 states, D.C. and Puerto Rico
CPP Repayments & Dispositions
Total Amount of Repayments: *
Number of Institutions Fully Repaid:
Partially Repaid:
Exchanged to CDCI:
In Bankruptcy/Receivership:
Investments Sold:
$205 billion
707
$25 billion
$301,000
CPP Income to Treasury
Total Dividends and Interest:
February Dividends and Interest:
Citigroup Income:
$10.64 billion
$0.29 billion
$6.85 billion
$171.48 billion Total Warrant Income:**
$8.58 billion
CPP Repurchase Amount:
$3.23 billion
105
CPP, TIP, & AGP Auction Amount: $5.35 billion
13
**Includes TIP warrants and proceeds from exercised warrants
28
7
Total in bankruptcy/receivership/sold:
($2.98 billion)
5
*Repayment of $25 billion and income of $6.85 billion from completed Citigroup common stock sales that generated $31.85 billion of proceeds. Repayments
include $0.36 billion of investment exchanged to the Community Development Capital Initiative (CDCI) program.
Repayments
•
Cumulative Capital Purchase Program repayments have reached over $171 billion, more than 83 percent of the $205 billion invested.
8
Monthly 105(a) Report
February 2011
Dividends and Interest
•
Cumulative dividends and interest income received from Capital Purchase Program investments is approximately $10.64 billion. In February,
Treasury received dividends and interest income from CPP investments of approximately $0.29 billion.
Warrant Auctions
•
On February 1, Treasury completed a public auction of warrants to purchase the common stock of Boston Private Financial Holdings, Inc, for
total gross proceeds of approximately $6.4 million, and on February 8, Treasury completed a public auction of warrants to purchase the
common stock of Wintrust Financial Corporation for total gross proceeds of approximately $26 million.
Missed Payments
•
In February, 154 institutions did not make the scheduled dividend or interest payment on Treasury’s CPP investments for a total of
approximately $0.05 billion, bringing the cumulative missed dividend and interest payments to approximately $0.20 billion. 3 To date, the
amount of missed dividend and interest payments ($0.20 billion)3 represents 1.4 percent of total dividend and interest payments received
($14.08 billion), across all banking programs (CPP, TIP, and AGP).
•
Under the CPP agreements and as a matter of corporate law, banks are not obligated to make the dividend payments. However, Treasury
has a contractual right to appoint two directors to the institution’s board of directors if an institution has missed six payments. Treasury has
announced plans to utilize board observers (drawn from Treasury staff) to inform its decisions in that regard. Thirty-two (32) banks have six
or more missed payments, and Treasury observers have attended the board of directors meetings of thirty-one (31) CPP institutions.
Exchanges and Sales
In limited cases, in order to protect the taxpayers’ interest in the value of an investment and to promote the objectives of EESA, Treasury may
exchange the CPP preferred stock for other securities or may sell the preferred stock. Treasury evaluates whether to participate in an exchange or
sale on the basis of enabling the bank to (i) get new investors to provide additional capital, (ii) conduct a capital restructuring or (iii) strengthen its
capital and financial condition. Exchanges made on this basis may be at a rate less than par, and sales by Treasury to a new investor may be
made at a discount.
•
In February, Treasury sold its $3.27 million investment of preferred stock issued by Treaty Oak Bancorp to Treaty Oak for a cash payment of
$500,000 and the right to receive up to $150,000 in principal payments on a note payable by Carlile Bancshares, Inc., the new investor, in
favor of Treaty Oak. Treasury also received a newly issued warrant to purchase shares of Treaty Oak common stock as potential upside
protection. Treaty Oak had $135 thousand of missed cumulative dividend payments.
3
Missed payments include unpaid cumulative dividends, non-cumulative dividends and s-corp/interest, but does not include interest accrued on unpaid cumulative dividends, and
excludes missed payments from institutions that (i) have fully caught-up on missed payments, (ii) have repaid their investment amounts and exited the Capital Purchase Program,
(iii) completed an exchange with Treasury for new securities (such as common stock), or for which Treasury has sold its investment, or (iv) are in, or have completed, receivership or
bankruptcy proceedings.
9
Monthly 105(a) Report
•
February 2011
In February, Treasury exchanged its $135 million investment in Central Pacific Financial Corporation for 5.62 million shares of common
stock. Central Pacific had $10.1 million of missed cumulative dividend payments.
Figure 4:
1
Top 25 Remaining Capital Purchase Program Investments
Institution
City, State
SunTrust Banks, Inc.
Atlanta, GA
Investment
Amount
($ billions)
$
4.85
Institution
14 Whitney Holding Corporation
City, State
e
New Orleans, LA
Investment
Amount
($ billions)
$
0.30
2
Regions Financial Corp.
Birmingham, AL
$
3.50
15 First Banks, Inc.
Clayton, MO
$
0.30
3
Cleveland, OH
$
2.50
16 New York Private Bank & Trust Corp.
New York, NY
$
0.27
4
KeyCorp
Marshall & Ilsley Corporation
Milwaukee, WI
$
1.72
17 Flagstar Bancorp, Inc.
Troy, MI
$
0.27
5
Zions Bancorporation
Salt Lake City, UT
$
1.40
18 Cathay General Bancorp
Los Angeles, CA
$
0.26
a
6
Synovus Financial Corp.
Columbus, GA
$
0.97
19 PrivateBancorp, Inc.
Chicago, IL
$
0.24
7
Popular, Inc.
M&T Bank Corporation
San Juan, PR
$
0.94
20 International Bancshares Corporation
Laredo, TX
$
0.22
Buffalo, NY
$
0.75
Chicago, Il
$
0.20
9
Associated Banc-Corp
c
10 First Bancorp
Green Bay, WI
$
0.53
21 MB Financial Inc.
f
22 Pacific Capital Bancorp
Santa Barbara, CA $
0.20
San Juan, PR
$
0.42
23 First Midwest Bancorp, Inc.
Itasca, IL
$
0.19
11 Wilmington Trust Corporation
12 Sterling Financial Corporation
Wilmington, DE
$
0.33
24 United Community Banks, Inc.
Blairsville, GA
$
0.18
Spokane, WA
$
0.30
25 National Penn Bancshares, Inc.
Boyertown, PA
$
0.15
Flint, MI
$
0.30
8
b
d
13 Citizens Republic Bancorp, Inc.
Total
$21.26 billion
a/ BMO Financial Group, parent company of The Bank of Montreal (BMO), and Marshall & Ilsley Corporation (M&I) announced have entered into a definitive agreement for M&I
to merge into BMO in a stock-for-stock transaction. Subject to the receipt of requisite approvals, BMO expects to purchase from Treasury all of M&I’s TARP preferred stock
and warrants in cash.
b/ M&T Bank Corporation (M&T) and Wilmington Trust Corporation (Wilmington) have agreed to merge. Completion, which is subject to conditions, includes the assumption by
M&T of Wilmington’s TARP preferred stock obligations.
c/ Treasury exchanged its preferred stock for mandatorily convertible preferred stock (MCP) with capitalized dividends. Subject to the fulfillment by First BanCorp of certain
conditions, including those related to its capital plan, the MCP may be converted to common stock.
d/ Treasury exchanged its preferred stock for mandatorily convertible preferred stock (MCP). Sterling fulfilled the conversion conditions, including those related to its capital
plan, and Treasury’s MCP was converted into 378,750,000 shares of common stock.
e/ Hancock Holding Company and Whitney Holding Corporation have entered into a definitive agreement for Whitney to merge into Hancock in a stock-for-stock transaction.
Subject to the receipt of approvals, Hancock expects to purchase all of Whitney’s TARP preferred stock and warrants in cash.
f/ Treasury exchanged its preferred stock for mandatorily convertible preferred stock (MCP) with capitalized dividends. Pacific Capital fulfilled the conversion conditions and
Treasury’s MCP was converted into 360,833,250 shares of common stock.
10
Monthly 105(a) Report
February 2011
Community Development Capital Initiative (CDCI)
In February, Treasury received dividends and interest payments from the CDCI investments of approximately $2.9 million. Three institutions did not
make their scheduled payments for a total of $179 thousand.
Housing Programs
HUD Housing Scorecard and Servicer Performance Report
In March, the U.S. Department of Housing and Urban Development (HUD) and Treasury released the Housing Scorecard
(www.HUD.gov/scorecard) on the nation’s housing market. Each month, the scorecard incorporates key housing market indicators and highlights
the impact of housing recovery efforts, including assistance to homeowners through the Federal Housing Administration (FHA) and the Home
Affordable Modification Program (HAMP). The scorecard also incorporates the MHA Servicer Performance Report Through January 2011.
Key data presented in the Housing Scorecard includes:
•
More than 4.2 million modification arrangements were started between April 2009 and the end of January 2011 - more than double the
number of foreclosure completions during that time. These actions included more than 1.5 million HAMP trial modification starts, more than
730,000 FHA loss mitigation and early delinquency interventions, and more than 2 million proprietary modifications under HOPE Now.
•
As lenders review internal procedures related to foreclosure processing, many foreclosure actions have been delayed leading to a lower
level of foreclosure activity in January compared to early 2010. The decline is likely to be temporary as lenders eventually revise and
resubmit foreclosure paperwork in the coming months.
Highlights from the MHA Servicer Performance Report Through January 2011 include:
•
Servicers average a 61 percent conversion rate for all eligible trials started with verified documentation on or after June 1, 2010. As servicers
continue to convert their eligible trial modifications, the conversion rates will increase. For trial modifications that started in June 2010, 73
percent of them have converted through January 2011. For trial modifications begun before June 2010, the conversion rate averages 41
percent.
•
As servicers continue to work through the backlog of trials lasting six months or more, the number of these aged trials has fallen below
40,000. Reducing the number of aged trials should free servicer resources to focus on new trial modifications and conversions.
•
Permanent Modifications
More than 607,000 homeowners have started permanent modifications, with nearly 28,000 new permanent modifications reported in
January.
11
Monthly 105(a) Report
February 2011
These homeowners have realized payment relief through active HAMP trial modifications and permanent modifications.
homeowners in permanent modifications, their median first-lien housing expense fell from 45% of their monthly income to 31%.
Homeowners in permanent modifications realize real savings, with total aggregate reductions in monthly mortgage payments of
nearly $5 billion to date.
For
Hardest Hit Fund (HHF)
•
Through February, 15 Housing Finance Agencies (HFAs) have drawn over $125 million in total. Approximately 70 percent of all obligated
funds are currently intended to assist unemployed borrowers pay or reinstate their mortgages. The remaining funds are currently intended
for principal reduction, second lien removal, short sale assistance and other locally-tailored initiatives.
•
As of March, Nevada and Tennessee joined Alabama, Arizona, California, Michigan, North Carolina, Ohio, Oregon, Rhode Island and South
Carolina in operating HFAs’ programs statewide. By the end of the month, Illinois and Indiana will join Florida, Georgia, Kentucky,
Mississippi, New Jersey and Washington DC, in operating pilot programs. Florida is in pilot but is expected to be available statewide by the
end of March.
•
One immediate impact of these dollars is to fund program related borrower intake and follow-up activities through hundreds of counseling
agencies in participating states. Eventually, up to $350 million could be used for these purposes.
•
The five largest servicers (Bank of America, Chase, Citibank, Ally and Wells) have committed to the HHF program and all have begun
participating: Chase has signed agreements with all 19 HFAs in connection with programs for unemployed borrowers, and Bank of America
is developing or already participating in principal reduction pilot programs with Arizona, California and Nevada. Servicers, with assistance
from Treasury, have created a common data file that will assist in the transfer of data between HFAs and servicers.
12
Monthly 105(a) Report
February 2011
Appendix 1
Financial Statement
United States Department of the Treasury
Office of Financial Stability
Report of Administrative Obligations and Expenditures
For Period Ending
February 28, 2011
PERSONNEL SERVICES
NON-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
4300
INTEREST & DIVIDENDS
NON-PERSONNEL SERVICES Total:
$
$
$
$
GRAND TOTAL: $
Note: The amounts presented above are cumulative from the initiation of the TARP.
Obligations
57,425,186
57,425,186
996,310
11,960
770,811
395
157,237,339
726,163
232,054
30
159,975,061
217,400,247
$
$
$
$
$
Expenditures
57,198,655
57,198,655
955,910
11,960
478,456
395
112,348,064
720,396
222,675
30
114,737,886
171,936,542
For Period Ending
March 31, 2011
$
$
$
$
$
Projected
Obligations
60,094,000
60,094,000
1,032,000
12,000
771,000
400
160,197,000
732,000
232,000
30
162,976,430
223,070,430
$
$
$
$
$
Projected
Expenditures
59,867,000
59,867,000
986,000
12,000
478,000
400
115,440,000
728,000
223,000
30
117,867,430
177,734,430
U.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Agreements Under TARP [Section 105(a)(3)(A)]
For Period Febraury 28, 2011
Date
Approved
10/10/2008
10/11/2008
10/14/2008
10/16/2008
10/17/2008
10/18/2008
10/29/2008
10/29/2008
10/31/2008
11/7/2008
11/9/2008
11/17/2008
11/25/2008
12/3/2008
12/5/2008
12/10/2008
12/10/2008
12/15/2008
12/16/2008
12/22/2008
12/24/2008
1/6/2009
1/7/2009
1/27/2009
1/27/2009
1/30/2009
2/2/2009
2/3/2009
2/9/2009
Type of Transaction
Contract
Contract
Financial Agent
Contract
Interagency Agreement
Contract
Contract
Contract
Contract
Contract
Interagency Agreement
Interagency Agreement
Interagency Agreement
Interagency Agreement
Interagency Agreement
Contract
Contract
Interagency Agreement
Interagency Agreement
Interagency Agreement
Contract
Interagency Agreement
Contract
Contract
Contract
Interagency Agreement
Interagency Agreement
Interagency Agreement
Contract
Vendor
Simpson Thacher & Bartlett Mnp LLP
Ennis Knupp & Associates Inc
The Bank of New York Mellon
Pricewaterhousecoopers LLP-1
Turner Consulting Group, Inc.*
Ernst & Young LLP
Hughes Hubbard & Reed LLP
Squire Sanders & Dempsey LLP
Lindholm & Associates Inc.*
Sonnenschein Nath & Rosenthal LLP
Internal Revenue Service
Internal Revenue Service - CSC
Department of the Treasury - Departmental Offices
Trade and Tax Bureau - Treasury
Washington Post
Sonnenschein Nath & Rosenthal LLP
Thacher Proffitt & Wood**
Office of Thrift Supervision
Department of Housing and Urban Development
Office of Thrift Supervision
Cushman And Wakefield Of Va Inc
Securities and Exchange Commission
Colonial Parking Inc.
Cadwalader Wickersham & Taft LLP
Whitaker Brothers Bus Machines Inc.*
Office of the Controller of the Currency
Government Accountability Office
Internal Revenue Service
Pat Taylor & Assoc Inc.*
Purpose
Legal Advisory
Investment and Advisory Services
Custodian and Cash Management
Accounting/Internal Controls
Archive Services
Accounting/Internal Controls
Legal Advisory
Legal Advisory
Human Resources Services
Legal Advisory
Detailee
Information Technology
Administrative Support
Information Technology
Administrative Support
Legal Advisory
Legal Advisory
Detailee
Detailee
Detailees
Administrative Support
Detailee
Parking
Legal Advisory
Office Machines
Detailee
Oversight Services
Detailees
Administrative Support
Date
Approved
2/12/2009
2/18/2009
2/18/2009
2/20/2009
2/20/2009
2/20/2009
2/20/2009
2/26/2009
2/27/2009
3/6/2009
3/16/2009
3/23/2009
3/30/2009
3/30/2009
3/30/2009
3/30/2009
3/30/2009
3/31/2009
4/3/2009
4/3/2009
4/17/2009
4/17/2009
4/21/2009
4/21/2009
4/21/2009
4/30/2009
5/5/2009
5/13/2009
5/14/2009
5/15/2009
5/20/2009
5/22/2009
5/26/2009
5/26/2009
6/9/2009
6/29/2009
7/15/2009
7/17/2009
Type of Transaction
Contract
Financial Agent
Financial Agent
Interagency Agreement
Interagency Agreement
Contract
Contract
Interagency Agreement
Interagency Agreement
Contract
Financial Agent
Interagency Agreement
Contract
Contract
Contract
Contract
Contract
Contract
Interagency Agreement
Contract
Interagency Agreement
Contract
Financial Agent
Financial Agent
Financial Agent
Interagency Agreement
Interagency Agreement
Interagency Agreement
Contract
Contract
Interagency Agreement
Interagency Agreement
Contract
Contract
Interagency Agreement
Interagency Agreement
Interagency Agreement
Contract
Vendor
Locke Lord Bissell & Liddell LLP
Fannie Mae
Freddie Mac
Financial Clerk U.S. Senate
Office of Thrift Supervision
Simpson Thacher & Bartlett Mnp LLP
Venable LLP-1
Securities and Exchange Commission
Pension Benefit Guaranty Corp.
The Boston Consulting Group Inc
EARNEST Partners*
Heery International Inc.*
Bingham Mccutchen LLP
Cadwalader Wickersham & Taft LLP
Haynes and Boone LLP
Mckee Nelson LLP***
Sonnenschein Nath & Rosenthal LLP
FI Consulting Inc.*
American Furniture Rentals*
The Boston Consulting Group Inc
Bureau of Engraving and Printing
Herman Miller Inc.
AllianceBernstein L.P.
FSI Group, LLC
Piedmont Investment Advisors, LLC*
State Department
Federal Reserve Board
Department of Treasury - US Mint
Knowledgebank Inc.*
Phacil Inc.
Securities and Exchange Commission
Department of Justice - ATF
Anderson Mc Coy & Orta*
Simpson Thacher & Bartlett Mnp LLP
Financial Management Service - Gartner, Inc.
Department of Interior
Judicial Watch
Korn/Ferry International
Purpose
Legal Advisory
Homeownership Program
Homeownership Program
Oversight Services
Detailees
Legal Advisory
Legal Advisory
Detailee
Legal Services
Financial Advisory
Small Business Assistance Program
Architectural Services
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Accounting/Internal Controls
Administrative Support
Financial Advisory
Detailee
Facilities Support
Asset Management Services
Asset Management Services
Asset Management Services
Detailee
Detailee
Administrative Support
Administrative Support
FOIA Support Services
Detailee
Detailee
Legal Advisory
Legal Advisory
Information Technology
Information Technology
Legal Advisory
Administrative Support
Date
Approved
7/30/2009
7/30/2009
7/30/2009
8/10/2009
8/10/2009
8/18/2009
8/25/2009
9/2/2009
9/10/2009
9/11/2009
9/18/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
11/9/2009
12/16/2009
12/22/2009
12/22/2009
12/22/2009
12/22/2009
12/22/2009
12/22/2009
12/22/2009
1/14/2010
1/15/2010
2/16/2010
2/16/2010
2/18/2010
3/8/2010
3/22/2010
3/26/2010
3/29/2010
4/2/2010
4/8/2010
4/12/2010
4/22/2010
4/22/2010
Type of Transaction
Contract
Contract
Contract
Interagency Agreement
Interagency Agreement
Contract
Interagency Agreement
Contract
Contract
Contract
Interagency Agreement
Interagency Agreement
Interagency Agreement
Contract
Contract
Interagency Agreement
Interagency Agreement
Financial Agent
Financial Agent
Financial Agent
Contract
Financial Agent
Financial Agent
Financial Agent
Interagency Agreement
Contract
Interagency Agreement
Contract
Interagency Agreement
Contract
Interagency Agreement
Interagency Agreement
Financial Agent
Interagency Agreement
Contract
Contract
Contract
Contract
Vendor
Cadwalader Wickersham & Taft LLP
Debevoise & Plimpton, LLP
Fox Hefter Swibel Levin & Carol, LLP
Department of Justice
NASA
Mercer (US) Inc.
Department of Justice
Knowledge Mosaic Inc.*
Equilar Inc.*
Pricewaterhousecoopers LLP-1
Bureau of the Public Debt - ARC
IMMIXTECHNOLOGY INC.
IMMIXTECHNOLOGY INC.
NNA Inc.
SNL Financial LC
Department of the Treasury - Departmental Offices
Internal Revenue Service
Avondale Investments, LLC*
Bell Rock Capital, LLC*
Howe Barnes Hoefer & Arnett, Inc.*
Hughes Hubbard & Reed LLP
KBW Asset Management, Inc.*
Lombardia Capital Partners, LLC*
Paradigm Asset Management Co., LLC*
Government Accountability Office
Association of Govt Accountants
Internal Revenue Service
The Mitre Corporation
Bureau of the Public Debt - ARC
Qualx Corporation*
Financial Management Services - Gartner, Inc.
Federal Maritime Commission (FMC)
Morgan Stanley & Co. Incorporated
Financial Clerk U.S. Senate
Squire Sanders & Dempsey LLP
Ennis Knupp & Associates Inc
Digital Management Inc.*
Microlink Llc
Purpose
Legal Advisory
Legal Advisory
Legal Advisory
Detailee
Detailee
Subscription Services
Detailee
Administrative Support
Subscription Services
Accounting/Internal Controls
Administrative Support
Information Technology
Information Technology
Administrative Support
Subscription Services
Administrative Support
Detailee
Asset Management Services
Asset Management Services
Asset Management Services
Legal Advisory
Asset Management Services
Asset Management Services
Asset Management Services
Oversight Services
Administrative Support
Detailee
Information Technology
Information Technology
FOIA Support Services
Information Technology
Detailee
Disposition Agent Services
Oversight Services
Legal Advisory
Financial Advisory
Information Technology
Information Technology
Date
Approved
4/23/2010
5/4/2010
5/17/2010
6/24/2010
6/30/2010
7/21/2010
7/21/2010
7/22/2010
7/22/2010
7/22/2010
7/27/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/6/2010
8/12/2010
8/30/2010
9/1/2010
9/17/2010
9/27/2010
9/30/2010
10/1/2010
10/8/2010
10/14/2010
10/26/2010
11/8/2010
11/18/2010
12/2/2010
12/29/2010
1/5/2011
1/18/2011
Type of Transaction
Contract
Interagency Agreement
Financial Agent
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Contract
Interagency Agreement
Contract
Contract
Contract
Contract
Interagency Agreement
Contract
Contract
Interagency Agreement
Contract
Financial Agent
Contract
Contract
Interagency Agreement
Financial Agent
Vendor
RDA Corporation*
Internal Revenue Service
Lazard Fréres & Co. LLC
Reed Elselvier Inc (dba Lexisnexis)
The George Washington University
Navigant Consulting Inc.
Regis & Associates PC*
Ernst & Young LLP
Pricewaterhousecoopers LLP-1
Schiff Hardin LLP
West Publishing Corporation
Alston & Bird LLP
Cadwalader Wickersham & Taft LLP
Fox Hefter Swibel Levin & Carol, LLP
Haynes and Boone LLP
Hughes Hubbard & Reed LLP
Love & Long LLP*
Orrick Herrington Sutcliffe LLP
Paul Weiss Rfknd Whrtn & Grrsn LLP
Perkins Coie LLP
Seyfarth Shaw LLP
Shulman Rgrs Gndl Pordy & Ecker Pa
Sullivan Cove Reign Enterprises JV*
Venable LLP-1
Knowledge Mosaic Inc.*
Department of Housing and Urban Development
CQ-Roll Call Inc.
Bingham Mccutchen LLP
Davis Audrey Robinette*
CCH Incorporated
Financial Clerk U.S. Senate
Management Concepts Inc****
Hispanic Assoc Of Coll & Univ*
Government Accountability Office
The Mitre Corporation*
Greenhill & Co., LLC
Addx Corporation*
Reed Elselvier Inc (dba Lexisnexis)
Canon U.S.A. Inc.
Perella Weinberg Partners & Co.
Purpose
Information Technology
Administrative Support
Transaction Structuring Services
Subscription Services
Administrative Support
Compliance
Compliance
Compliance
Compliance
Legal Advisory
Administrative Support
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Legal Advisory
Administrative Support
Detailee
Administrative Support
Legal Advisory
Administrative Support
Administrative Support
Oversight Services
Administrative Support
Detailees
Oversight Services
Information Technology
Structuring and Disposition Services
Acquisition Support Services
Subscription Services
Administrative Support
Structuring and Disposition Services
Date
Approved
1/24/2011
1/26/2011
2/24/2011
2/28/2011
Type of Transaction
Interagency Agreement
Contract
Contract
Interagency Agreement
Vendor
Bureau of the Public Debt - ARC
Association of Govt Accountants
ESI International Inc
Department of the Treasury - Departmental Offices
* Small or Women-, or Minority-Owned Small Business
**Contract responsibilities assumed by Sonnenschein Nath & Rosenthal via novation.
***Contract responsibilities assumed by Bingham McCutchen, LLP via novation.
**** Previously listed separate contracts for various training.
Purpose
Administrative Support
Administrative Support
Administrative Support
Administrative Support
U.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Insurance Contracts [Section 105(a)(3)(B)]
For Period Ending February 28, 2011
Name
Amount
Termination of the $5,000,000,000 Master Agreement
between Citigroup and the UST, and FDIC occurred on
December 23, 2009 due to the improvement of Citigroup's
financial condition and financial market stability.
U.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Transactions Report [Section 105a (3) (C, D,G)]
For Period Ending February 28, 2011
CAPITAL PURCHASE PROGRAM
Seller
Purchase Details
Name of Institution
City
State
Investment Description
Footnote
Purchase Date
1b
10/28/2008
10/28/2008
Bank of America Corporation
The Bank of New York Mellon Corporation
10/28/2008
Citigroup Inc.
New York
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
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.
New York
New York
New York
Boston
San Francisco
Redding
Hendersonville
San Francisco
Chicago
Atlanta
11/14/2008
Broadway Financial Corporation
Los Angeles
CA
Preferred Stock
11/14/2008
11/14/2008
Seattle
Winston-Salem
WA
NC
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
11/14/2008
11/14/2008
11/14/2008
11/14/2008
11/14/2008
11/14/2008
11/14/2008
11/14/2008
Washington Federal, Inc.
BB&T Corp.
M&T Bank Corporation (Provident Bancshares
Corp.)
Umpqua Holdings Corp.
Comerica Inc.
Regions Financial Corporation
Capital One Financial Corporation
First Horizon National Corporation
Huntington Bancshares
KeyCorp
Baltimore
Portland
Dallas
Birmingham
McLean
Memphis
Columbus
Cleveland
MD
OR
TX
AL
VA
TN
OH
OH
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
11/14/2008
Valley National Bancorp
Wayne
NJ
Preferred Stock w/ Warrants
11, 23 5/26/2010
14
3a 11/24/2009
11/14/2008
11/14/2008
11/14/2008
11/14/2008
11/21/2008
11/21/2008
11/21/2008
Zions Bancorporation
Marshall & Ilsley Corporation
U.S. Bancorp
TCF Financial Corporation
First Niagara Financial Group
HF Financial Corp.
Centerstate Banks of Florida Inc.
Charlotte
New York
Salt Lake City
Milwaukee
Minneapolis
Wayzata
Lockport
Sioux Falls
Davenport
NC
NY
Investment Amount
$
$
NY
Common Stock w/ Warrants
$
25,000,000,000
Par
NY
NY
NY
MA
CA
CA
NC
CA
IL
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
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
$
9,000,000
Par
$
$
200,000,000
3,133,640,000
Par
Par
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
$
300,000,000
Par
Preferred Stock w/ Warrants
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
Pricing
Capital
Mechanism Repayment Date
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
UT
WI
MN
MN
NY
SD
FL
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
1,400,000,000
1,715,000,000
6,599,000,000
361,172,000
184,011,000
25,000,000
27,875,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
12/9/2009
6/17/2009
4
Capital Repayment
Amount (Loss) 6
4
$
$
15,000,000,000
3,000,000,000
$
$
Final
Disposition
Date
0
0
Warrants
Warrants
3/3/2010
8/5/2009
Warrants
Warrants
29 9/24/2010
City National Corporation
Beverly Hills
CA
Preferred Stock w/ Warrants
$
400,000,000
Par
11/21/2008
11/21/2008
First Community Bankshares Inc.
Western Alliance Bancorporation
Bluefield
Las Vegas
VA
NV
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
41,500,000
140,000,000
Par
Par
11/21/2008
Webster Financial Corporation
Waterbury
CT
Preferred Stock w/ Warrants
$
400,000,000
Par
11/21/2008
Pacific Capital Bancorp
Santa Barbara
CA
Common Stock w/ Warrants
$
195,045,000
Par
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
Heritage Commerce Corp.
Ameris Bancorp
Porter Bancorp Inc.
Banner Corporation
Cascade Financial Corporation
Columbia Banking System, Inc.
Heritage Financial Corporation
San Jose
Moultrie
Louisville
Walla Walla
Everett
Tacoma
Olympia
CA
GA
KY
WA
WA
WA
WA
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
$
$
40,000,000
52,000,000
35,000,000
124,000,000
38,970,000
76,898,000
24,000,000
Par
Par
Par
Par
Par
Par
Par
Disposition
Investment
Description
15
1b
Final Disposition
Proceeds
A $
R $
23
$
25,000,000,000
$
0
Warrants
1/25/2011
Warrants
A $
6/17/2009
6/17/2009
6/17/2009
6/17/2009
12/23/2009
4
$
$
$
$
$
10,000,000,000
25,000,000,000
10,000,000,000
2,000,000,000
25,000,000,000
$
$
$
$
$
0
0
0
0
0
Warrants
Warrants
Warrants
Warrants
Warrants
7/22/2009
12/10/2009
8/12/2009
7/8/2009
5/20/2010
Warrants
Warrants
Warrants
Warrants
Warrants
R
A
R
R
A
6/17/2009
4
$
1,576,000,000
$
0
Warrants
8/26/2009
5/27/2009
6/17/2009
4
$
$
200,000,000
3,133,640,000
$
$
0
0
Warrants
Warrants
2/17/2010
3/17/2010
5
$
$
214,181,000
2,250,000,000
$
$
0
0
6/17/2009
12/22/2010
12/22/2010
4
$
$
$
3,555,199,000
866,540,000
1,398,071,000
$
$
$
0
0
0
6/3/2009
4
$
75,000,000
$
225,000,000
9/23/2009
4
$
125,000,000
$
100,000,000
12/23/2009
4
$
100,000,000
$
0
6/17/2009
4/22/2009
5/27/2009
6/3/2009
9/30/2009
4
$
$
$
$
$
6,599,000,000
361,172,000
184,011,000
25,000,000
27,875,000
$
$
$
$
$
0
0
0
0
0
$
200,000,000
$
**
4
4
5
4
4
4
4
4
4
5
4
5
4
11/21/2008
Final Disposition
Remaining
Investment
Description
Remaining Capital
Amount
12/30/2009
200,000,000
3/3/2010
4
$
200,000,000
$
0
7/8/2009
5
$
41,500,000
$
0
3/3/2010
4
$
100,000,000
$
300,000,000
10/13/2010
4
$
200,000,000
12/29/2010
4
8/11/2010
12/22/2010
4
4
$
$
186,342,969
136,000,000
54,621,849
$
$
$
$
$
1,100,000,000
950,318,243
950,000,000
60,000,000
849,014,998
Warrants
R $
87,000,000
3/9/2010
7/22/2009
Warrants
Warrants
A $
R $
15,623,222
67,010,402
Warrants
Warrants
3/31/2010
5/6/2010
Warrants
Warrants
R $
A $
4,500,000
183,673,472
Warrants
Warrants
Warrants
12/3/2009
Warrants
A $
148,731,030
1/19/2011
Warrants
R $
49,100,000
5/18/2010
Warrants
A $
5,571,592
7/15/2009
12/15/2009
6/24/2009
6/30/2009
10/28/2009
Warrants
Warrants
Warrants
Warrants
Warrants
4/7/2010
Warrants
9/1/2010
Warrants
Preferred Stock w/
Warrants
Preferred Stock w/
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Warrants
Preferred Stock w/
Warrants
Warrants
Warrants
100,000,000
$
$200,000,000
$
0
Preferred Stock w/
Warrants
Preferred Stock w/
Warrants
Warrants
76,898,000
24,000,000
$
$
0
0
Warrants
Warrants
9
9
9
9
9
R
A
R
R
R
$
$
$
$
$
139,000,000
9,599,964
2,700,000
650,000
212,000
R $
18,500,000
R $
3,301,647
Page 1 of 13
Seller
Footnote
Purchase Date
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
11/21/2008
14, 20
Name of Institution
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.
City
Chula Vista
Annapolis
Boston
CA
MD
MA
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
12/5/2008
Midwest Banc Holdings, Inc.
Melrose Park
MB Financial Inc.
First Midwest Bancorp, Inc.
United Community Banks, Inc.
WesBanco, Inc.
Encore Bancshares Inc.
Manhattan Bancorp
Iberiabank Corporation
Chicago
Itasca
Blairsville
Wheeling
Houston
El Segundo
Lafayette
IL
IL
GA
WV
TX
CA
LA
12/5/2008
Eagle Bancorp, Inc.
Bethesda
MD
Preferred Stock w/ Warrants
Olney
WI
MS
SC
IL
CA
Investment Description
12/5/2008
12/5/2008
12/5/2008
12/5/2008
12/5/2008
12/5/2008
12/5/2008
Sandy Spring Bancorp, Inc.
Green Bay
Jackson
Lexington
Rosemont
Los Angeles
State
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Mandatorily Convertible Preferred Stock w/
Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
12/5/2008
26 9/30/2010
Purchase Details
IL
MD
Preferred Stock w/ Warrants
Investment Amount
$
$
$
$
$
$
$
$
$
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
19,300,000
23,393,000
154,000,000
Pricing
Capital
Mechanism Repayment Date
Par
Par
Par
12/15/2010
4
Capital Repayment
Amount (Loss) 6
$
19,300,000
Remaining Capital
Amount
$
0
12
32 9/30/2010
24
35
Final
Disposition
Date
Disposition
Investment
Description
1/5/2011
Warrants
R $
1,003,227
2/1/2011
Warrants
A $
6,352,500
1/13/2010
4
$
50,000,000
$
6/16/2010
4
$
104,000,000
$
0
12/9/2009
4
$
215,000,000
$
0
Warrants
12/30/2009
Warrants
R $
10,000,000
R $
950,000
R $
R $
63,364
1,200,000
R $
4,450,000
104,000,000
Par
Par
Par
Par
Par
$
89,388,000
Par
$
$
$
$
$
$
$
196,000,000
193,000,000
180,000,000
75,000,000
34,000,000
1,700,000
90,000,000
Par
Par
Par
Par
Par
Par
Par
9/9/2009
4
$
75,000,000
$
0
Warrants
12/23/2009
Warrants
9/16/2009
3/31/2009
4
5
$
$
1,700,000
90,000,000
$
$
0
0
10/14/2009
5/20/2009
Warrants
Warrants
38,235,000
Par
12/23/2009
5
$
15,000,000
$
23,235,000
7/21/2010
4
$
41,547,000
$
41,547,000
2/23/2011
Warrants
12/15/2010
4
$
41,547,000
$
Warrants
Warrants
Preferred Stock w/
Warrants
Preferred Stock w/
Warrants
Warrants
83,094,000
Par
Final Disposition
Proceeds
Warrants
525,000,000
215,000,000
11,350,000
104,823,000
67,000,000
$
15
Preferred Stock w/
Warrants
Warrants
0
9
12/5/2008
12/5/2008
Coastal Banking Company, Inc.
East West Bancorp
Fernandina Beach
Pasadena
FL
CA
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
9,950,000
306,546,000
Par
Par
12/29/2010
4
$
306,546,000
$
0
Warrants
1/26/2011
Warrants
9
R $
14,500,000
12/5/2008
South Financial Group, Inc.
Greenville
SC
Preferred Stock w/ Warrants
$
347,000,000
Par
9/30/2010
26
$
130,179,219
$
0
Warrants
9/30/2010
Warrants
26
R $
400,000
12/5/2008
12/5/2008
12/5/2008
Great Southern Bancorp
Cathay General Bancorp
Southern Community Financial Corp.
Springfield
Los Angeles
Winston-Salem
MO
CA
NC
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
58,000,000
258,000,000
42,750,000
Par
Par
Par
12/5/2008
CVB Financial Corp
Ontario
CA
Preferred Stock w/ Warrants
$
130,000,000
Par
$
97,500,000
$
10/28/2009
Warrants
R $
1,307,000
$
32,500,000
$
0
Preferred Stock w/
Warrants
Warrants
R $
40,000
R $
225,000
R $
-
1,200,000
N/A
R $
6,820,000
4
17
Final Disposition
Remaining
Investment
Description
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
First Defiance Financial Corp.
First Financial Holdings Inc.
Superior Bancorp Inc.
Southwest Bancorp, Inc.
Popular, Inc.
Blue Valley Ban Corp
Central Federal Corporation
Bank of Marin Bancorp
BNC Bancorp
Central Bancorp, Inc.
Southern Missouri Bancorp, Inc.
State Bancorp, Inc.
Defiance
Charleston
Birmingham
Stillwater
San Juan
Overland Park
Fairlawn
Novato
Thomasville
Somerville
Poplar Bluff
Jericho
OH
SC
AL
OK
PR
KS
OH
CA
NC
MA
MO
NY
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Trust Preferred Securities w/ Warrants
Preferred Stock w/ Warrants
Trust Preferred Securities w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
$
$
$
$
$
$
$
37,000,000
65,000,000
69,000,000
70,000,000
935,000,000
21,750,000
7,225,000
28,000,000
31,260,000
10,000,000
9,550,000
36,842,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
12/5/2008
TIB Financial Corp
Naples
FL
Preferred Stock w/ Warrants
$
37,000,000
Par
12/5/2008
12/5/2008
12/5/2008
12/5/2008
12/5/2008
12/12/2008
12/12/2008
12/12/2008
12/12/2008
12/12/2008
12/12/2008
Unity Bancorp, Inc.
Old Line Bancshares, Inc.
FPB Bancorp, Inc.
Sterling Financial Corporation
Oak Valley Bancorp
Old National Bancorp
Capital Bank Corporation
Pacific International Bancorp
SVB Financial Group
LNB Bancorp Inc.
Wilmington Trust Corporation
Clinton
Bowie
Port St. Lucie
Spokane
Oakdale
Evansville
Raleigh
Seattle
Santa Clara
Lorain
Wilmington
NJ
MD
FL
WA
CA
IN
NC
WA
CA
OH
DE
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Common Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
$
$
$
$
$
$
20,649,000
7,000,000
5,800,000
303,000,000
13,500,000
100,000,000
41,279,000
6,500,000
235,000,000
25,223,000
330,000,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
12/12/2008
Susquehanna Bancshares, Inc
Lititz
PA
Preferred Stock w/ Warrants
$
300,000,000
Par
12/12/2008
12/12/2008
12/12/2008
12/12/2008
12/12/2008
12/12/2008
12/12/2008
12/12/2008
Signature Bank
HopFed Bancorp
Citizens Republic Bancorp, Inc.
Indiana Community Bancorp
Bank of the Ozarks, Inc.
Center Financial Corporation
NewBridge Bancorp
Sterling Bancshares, Inc.
New York
Hopkinsville
Flint
Columbus
Little Rock
Los Angeles
Greensboro
Houston
NY
KY
MI
IN
AR
CA
NC
TX
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ 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
Par
Par
Par
Par
Par
Par
Par
Par
8/26/2009
32,500,000
9
9/2/2009
4
3/31/2009
4
$
28,000,000
$
0
Warrants
9/30/2010
32
$
12,119,637
$
0
Warrants
9/30/2010
Warrants
7/15/2009
4
$
7,000,000
$
0
Warrants
9/2/2009
Warrants
4
$
$
100,000,000
41,279,000
$
$
0
0
Warrants
N/A
5/8/2009
N/A
Warrants
N/A
0
Warrants
6/16/2010
Warrants
1/19/2011
Warrants
R $
5,269,179
3/10/2010
Warrants
A $
11,320,751
3/31/2009
1/28/2011
35
32
35
12/23/2009
5
$
235,000,000
$
4/21/2010
12/22/2010
3/31/2009
4
$
$
$
200,000,000
100,000,000
120,000,000
$
$
$
11/4/2009
4
$
75,000,000
$
0
Warrants
11/24/2009
Warrants
R $
2,650,000
5/5/2009
4
$
125,198,000
$
0
Warrants
6/9/2010
Warrants
A $
3,007,891
4
4
100,000,000
0
0
Preferred Stock w/
Warrants
Warrants
Warrants
9
Page 2 of 13
Seller
Footnote
Purchase Date
12/12/2008
12/12/2008
12/12/2008
12/12/2008
22
30 9/29/2010
18
Name of Institution
City
The Bancorp, Inc.
TowneBank
Wilshire Bancorp, Inc.
Valley Financial Corporation
Wilmington
Portsmouth
Los Angeles
Roanoke
State
DE
VA
CA
VA
Investment Description
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Mandatorily Convertible Preferred Stock w/
Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
Investment Amount
Pricing
Capital
Mechanism Repayment Date
$
$
$
$
45,220,000
76,458,000
62,158,000
16,019,000
Par
Par
Par
Par
$
74,426,000
Par
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
Remaining
Investment
Description
Final Disposition
Final
Disposition
Date
Disposition
Investment
Description
3/10/2010
5
$
45,220,000
$
0
Warrants
9/8/2010
Warrants
4/7/2010
4
$
10,000,000
$
0
Warrants
4/7/2010
11/18/2009
4
$
15,000,000
$
0
Warrants
11/24/2009
4
$
22,000,000
$
0
Warrants
15
9
Final Disposition
Proceeds
R $
4,753,985
Warrants
R $
1,488,046
12/16/2009
Warrants
R $
560,000
12/16/2009
Warrants
R $
568,700
6/24/2009
Warrants
R $
1,040,000
A $
R $
R $
25,964,061
900,000
260,000
R $
450,000
12/12/2008
Independent Bank Corporation
Ionia
MI
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
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
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
TN
CT
PA
ME
NC
VA
PA
MA
ID
CA
GA
TN
VA
AL
MO
PA
CA
PA
MA
LA
CT
CO
CA
FL
12/19/2008
Horizon Bancorp
Michigan City
IN
Preferred Stock w/ Warrants
$
25,000,000
Par
11/10/2010
4
$
6,250,000
$
12/19/2008
12/19/2008
12/19/2008
12/19/2008
12/19/2008
Fidelity Southern Corporation
Community Financial Corporation
Berkshire Hills Bancorp, Inc.
First California Financial Group, Inc
AmeriServ Financial, Inc
Atlanta
Staunton
Pittsfield
Westlake Village
Johnstown
GA
VA
MA
CA
PA
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
48,200,000
12,643,000
40,000,000
25,000,000
21,000,000
Par
Par
Par
Par
Par
5/27/2009
4
$
40,000,000
$
0
Warrants
12/19/2008
Security Federal Corporation
Aiken
SC
Preferred Stock w/ Warrants
$
18,000,000
Par
9/29/2010
4
$
18,000,000
$
0
Warrants
12/19/2008
12/19/2008
12/19/2008
12/19/2008
Wintrust Financial Corporation
Flushing Financial Corporation
Monarch Financial Holdings, Inc.
StellarOne Corporation
Union First Market Bankshares 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.
Lake Forest
Lake Success
Chesapeake
Charlottesville
IL
NY
VA
VA
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
250,000,000
70,000,000
14,700,000
30,000,000
Par
Par
Par
Par
12/22/2010
10/28/2009
12/23/2009
4
$
$
$
250,000,000
70,000,000
14,700,000
$
$
$
0
0
0
Warrants
Warrants
Warrants
2/8/2011
12/30/2009
2/10/2010
Warrants
Warrants
Warrants
Bowling Green
VA
Preferred Stock w/ Warrants
$
59,000,000
Par
11/18/2009
5
$
59,000,000
$
0
Warrants
12/23/2009
Warrants
Mt. Pleasant
Providence
Lee's Summit
Elmira
Syracuse
Dubuque
SC
RI
MO
NY
NY
IA
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
$
14,448,000
30,000,000
30,255,000
9,090,000
26,918,000
81,698,000
Par
Par
Par
Par
Par
Par
8/5/2009
4
$
30,000,000
$
0
Warrants
9/30/2009
Warrants
R $
1,400,000
5/13/2009
4
$
26,918,000
$
0
Warrants
6/17/2009
Warrants
R $
900,000
12/19/2008
Citizens First Corporation
Bowling Green
KY
Preferred Stock w/ Warrants
$
8,779,000
Par
2/16/2011
4
$
2,212,308
$
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
12/23/2008
FFW Corporation
Plains Capital Corporation
Tri-County Financial Corporation
OneUnited Bank
Patriot Bancshares, Inc.
Pacific City Financial Corporation
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
Wabash
Dallas
Waldorf
Boston
Houston
Los Angeles
Chicago
Santa Rosa
Peterborough
Bridgeview
Wichita
Dundalk
Los Angeles
Louisville
Cincinnati
IN
TX
MD
MA
TX
CA
IL
CA
NH
IL
KS
MD
CA
KY
OH
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
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
7,289,000
87,631,000
15,540,000
12,063,000
26,038,000
16,200,000
35,500,000
43,000,000
1,834,000
38,000,000
36,282,000
6,000,000
10,000,000
9,294,000
80,000,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
2/24/2010
5
$
80,000,000
$
6/2/2010
Warrants
A $
3,116,284
12/19/2008
12/19/2008
12/19/2008
12/19/2008
12/19/2008
12/19/2008
12/19/2008
2
2
2
2, 3
2
2
2
2
2
2
2
2
2
2
Purchase Details
5
5
18,750,000
6,566,692
0
Preferred Stock w/
Warrants
9
9
9
Preferred Stock w/
Warrants
Warrants
9
Page 3 of 13
Seller
Footnote
30 9/3/2010
2
2
2
2
3, 30 8/20/2010
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
31 9/30/2010
16
2
1a, 1b
Purchase Date
Purchase Details
Name of Institution
City
State
Investment Description
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
Investment Amount
Pricing
Capital
Mechanism Repayment Date
12/23/2008
Bridge Capital Holdings
San Jose
CA
Preferred Stock w/ Warrants
$
23,864,000
Par
12/23/2008
12/23/2008
12/23/2008
12/23/2008
12/23/2008
12/23/2008
12/23/2008
International Bancshares Corporation
First Sound Bank
M&T Bank Corporation
Emclaire Financial Corp.
Park National Corporation
Green Bankshares, Inc.
Cecil Bancorp, Inc.
Laredo
Seattle
Buffalo
Emlenton
Newark
Greeneville
Elkton
TX
WA
NY
PA
OH
TN
MD
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
$
$
216,000,000
7,400,000
600,000,000
7,500,000
100,000,000
72,278,000
11,560,000
Par
Par
Par
Par
Par
Par
Par
12/23/2008
Financial Institutions, Inc.
Warsaw
NY
Preferred Stock w/ Warrants
$
37,515,000
Par
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
2/23/2011
4
$
15,000,000
$
8,864,000
2/23/2011
4
$
12,505,000
$
25,010,000
Final Disposition
Final
Disposition
Date
Disposition
Investment
Description
15
Final Disposition
Proceeds
Preferred Stock w/
Warrants
12/23/2008
Fulton Financial Corporation
Lancaster
PA
Preferred Stock w/ Warrants
$
376,500,000
Par
7/14/2010
4
$
376,500,000
$
0
Preferred Stock w/
Warrants
Warrants
12/23/2008
United Bancorporation of Alabama, Inc.
Atmore
AL
Preferred Stock w/ Warrants
$
10,300,000
Par
9/3/2010
4
$
10,300,000
$
0
Warrants
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
MutualFirst Financial, Inc.
BCSB Bancorp, Inc.
HMN Financial, Inc.
First Community Bank Corporation of America
Sterling Bancorp
Intervest Bancshares Corporation
Peoples Bancorp of North Carolina, Inc.
Parkvale Financial Corporation
Timberland Bancorp, Inc.
1st Constitution Bancorp
Central Jersey Bancorp
Western Illinois Bancshares Inc.
Saigon National Bank
Capital Pacific Bancorp
Uwharrie Capital Corp
Muncie
Baltimore
Rochester
Pinellas Park
New York
New York
Newton
Monroeville
Hoquiam
Cranbury
Oakhurst
Monmouth
Westminster
Portland
Albemarle
IN
MD
MN
FL
NY
NY
NC
PA
WA
NJ
NJ
IL
CA
OR
NC
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ 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
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
32,382,000
10,800,000
26,000,000
10,685,000
42,000,000
25,000,000
25,054,000
31,762,000
16,641,000
12,000,000
11,300,000
6,855,000
1,549,000
4,000,000
10,000,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
1/26/2011
4
$
10,800,000
$
0
Warrants
10/27/2010
11/24/2010
4
4
$
$
12,000,000
11,300,000
$
$
0
0
12/23/2008
Mission Valley Bancorp
Sun Valley
CA
Preferred Stock
$
5,500,000
Par
8/20/2010
4
$
5,500,000
$
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
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
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
NC
CA
VA
CA
OH
MA
WI
TN
CA
OH
MD
UT
CA
TN
CA
GA
PA
OH
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised 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
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
11/24/2010
4
$
5,830,000
$
11/24/2009
4
$
3,455,000
$
12/30/2010
4
$
4,700,000
$
0
2/10/2010
2/2/2011
4
$
$
7,579,200,000
3,408,000,000
$
$
12/31/2008
Hampton Roads Bankshares, Inc.
Norfolk
VA
Common Stock w/ Warrants
$
80,347,000
Par
12/31/2008
12/31/2008
12/31/2008
1/9/2009
1/9/2009
1/9/2009
CIT Group Inc.
West Bancorporation, Inc.
First Banks, Inc.
Bank of America Corporation
FirstMerit Corporation
Farmers Capital Bank Corporation
New York
West Des Moines
Clayton
Charlotte
Akron
Frankfort
NY
IA
MO
NC
OH
KY
Contingent Value Rights
Preferred Stock w/ Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
$
2,330,000,000
36,000,000
295,400,000
10,000,000,000
125,000,000
30,000,000
Par
Par
Par
Par
Par
Par
2/8/2010
16
$
12/9/2009
4/22/2009
4
$
$
1/9/2009
Peapack-Gladstone Financial Corporation
Gladstone
NJ
Preferred Stock w/ Warrants
$
28,685,000
Par
1/6/2010
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
Commerce National Bank
The First Bancorp, Inc.
Sun Bancorp, Inc.
Crescent Financial Corporation
American Express Company
Central Pacific Financial Corp.
Centrue Financial Corporation
Eastern Virginia Bankshares, Inc.
Colony Bankcorp, Inc.
Independent Bank Corp.
Newport Beach
Damariscotta
Vineland
Cary
New York
Honolulu
St. Louis
Tappahannock
Fitzgerald
Rockland
CA
ME
NJ
NC
NY
HI
MO
VA
GA
MA
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Common Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
$
$
$
$
$
5,000,000
25,000,000
89,310,000
24,900,000
3,388,890,000
135,000,000
32,668,000
24,000,000
28,000,000
78,158,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
10/7/2009
4
4/8/2009
9/8/2010
Warrants
R $
10,800,000
Warrants
Warrants
12/1/2010
Warrants
R $
319,659
0
N/A
N/A
N/A
0
Preferred Stock 2
11/24/2010
Preferred Stock
2, 7
R $
292,000
Preferred Stock 2
12/30/2010
Preferred Stock
2, 7
R $
235,000
0
0
Warrants
Warrants
4/29/2010
Warrants
A $
324,195,686
$
0
N/A
N/A
N/A
10,000,000,000
125,000,000
$
$
0
0
Warrants
Warrants
3/3/2010
5/27/2009
Warrants
Warrants
$
7,172,000
$
$
5,000,000
$
0
Preferred Stock w/
Warrants
Warrants
4
$
89,310,000
$
0
Warrants
5/27/2009
6/17/2009
4
$
3,388,890,000
$
0
Warrants
4/22/2009
4
$
78,158,000
$
0
Warrants
4
4
0
10,340,000
4
37
Remaining
Investment
Description
21,513,000
-
N/A
Preferred Stock 2
N/A
1b
A $
R $
124,228,646
5,025,000
Warrants
R $
2,100,000
7/29/2009
Warrants
R $
340,000,000
5/27/2009
Warrants
R $
2,200,000
Page 4 of 13
Seller
Footnote
Purchase Date
33
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
1/9/2009
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
2
2
2
2
2
3
2
2
2
2
2
2
2
2
2
2
28 7/20/2010
3, 30 8/27/2010
2
2
2
2
2, 19
3, 30 9/29/2010
2
2
2
2
2
2
2
2
2
2
2
Purchase Details
Name of Institution
City
State
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
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
Mandatorily Convertible Preferred Stock w/
Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
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.
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
New Hampshire Thrift Bancshares, Inc.
Bar Harbor Bankshares
Somerset Hills Bancorp
SCBT Financial Corporation
S&T Bancorp
ECB Bancorp, Inc.
Starkville
Lebanon
Union
Hermitage
West Point
Fort Dodge
Greensboro
Troy
Elizabethtown
York
Lafayette
Chattanooga
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
MS
OH
NJ
PA
VA
IA
NC
NC
KY
PA
LA
TN
MD
GA
KS
CA
CA
NC
CA
MN
NC
RI
CA
MD
LA
SC
TX
SC
NY
AR
WA
NH
ME
NJ
SC
PA
NC
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
Investment Amount
Pricing
Capital
Mechanism Repayment Date
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
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
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
$
424,174,000
Par
$
$
75,000,000
36,000,000
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
Remaining
Investment
Description
Final Disposition
Final
Disposition
Date
Disposition
Investment
Description
15
Final Disposition
Proceeds
10/21/2009
4
$
13,400,000
$
0
Warrants
9/9/2009
4
$
100,000,000
$
0
Warrants
4/15/2009
4
$
25,000,000
$
0
Warrants
12/29/2010
4
$
2,000,000
$
0
Preferred Stock2
12/29/2010
Preferred Stock
2, 7
R $
100,000
5/19/2010
4
$
3,981,000
$
0
Preferred Stock 2
5/19/2010
Preferred Stock
2, 7
R $
199,000
1/12/2011
4
$
26,380,000
$
0
Warrants
2/24/2010
5/20/2009
5/20/2009
5
$
$
$
18,751,000
7,414,000
64,779,000
$
$
$
0
0
0
Warrants
Warrants
Warrants
7/28/2010
6/24/2009
6/24/2009
Warrants
Warrants
Warrants
9
R $
R $
R $
250,000
275,000
1,400,000
Par
Par
5/13/2009
4
$
75,000,000
$
0
Warrants
3/11/2010
Warrants
A $
6,709,061
4
4
1/16/2009
First BanCorp
San Juan
PR
1/16/2009
1/16/2009
Texas Capital Bancshares, Inc.
Yadkin Valley Financial Corporation
Dallas
Elkin
TX
NC
1/16/2009
Carver Bancorp, Inc
New York
NY
Preferred Stock
$
18,980,000
Par
8/27/2010
4
$
18,980,000
$
0
N/A
N/A
N/A
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
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
Centra Financial Holdings, Inc.
First Bankers Trustshares, Inc.
Pacific Coast National Bancorp
Wellsboro
Greensburg
Houston
Tecumseh
Aurora
Creve Coeur
Toms River
Roseville
The Woodlands
Morgantown
Quincy
San Clemente
PA
IN
TX
MI
IL
MO
NJ
CA
TX
WV
IL
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/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
$
$
26,440,000
57,000,000
45,000,000
20,600,000
73,000,000
32,538,000
38,263,000
2,550,000
11,730,000
15,000,000
10,000,000
4,120,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
8/4/2010
4
$
26,440,000
$
0
Warrants
9/1/2010
Warrants
12/30/2009
5
$
38,263,000
$
0
Warrants
2/3/2010
Warrants
3/31/2009
4
$
15,000,000
$
0
Preferred Stock 2
4/15/2009
Preferred Stock
2/11/2010
19
$
$
0
N/A
N/A
N/A
1/16/2009
Community Bank of the Bay
Oakland
CA
Preferred Stock
$
1,747,000
Par
9/29/2010
4
$
1,747,000
$
0
N/A
N/A
N/A
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
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.
Eureka
Boise
Boise
Bellevue
Vienna
Kansas City
Baraboo
Charlotte
Fargo
Bismarck
Manitowoc
CA
ID
ID
WA
VA
MO
WI
NC
ND
ND
WI
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
12/15/2010
4
$
3,000,000
$
2,658,000
Preferred Stock 2
8/12/2009
4
$
12,500,000
$
37,500,000
Preferred Stock 2
5/27/2009
4
$
12,000,000
$
5/27/2009
Preferred Stock
0
0
Preferred Stock 2
-
N/A
R $
400,000
9
R $
430,797
2, 7
R $
750,000
N/A
-
2, 7
R $
N/A
600,000
Page 5 of 13
Seller
Footnote
3, 30 8/6/2010
2
2, 36
2
2, 13 12/4/2009
Purchase Date
Name of Institution
City
State
Investment Description
Investment Amount
Pricing
Capital
Mechanism Repayment Date
1/16/2009
Southern Bancorp, Inc.
Arkadelphia
AR
Preferred Stock
$
11,000,000
Par
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
Three Shores Bancorporation, Inc. (Seaside
National Bank & Trust)
Merriam
Austin
South Bend
Princeton
Gastonia
Sandusky
Wilmington
Los Angeles
KS
TX
IN
IL
NC
OH
DE
CA
Preferred Stock w/ Exercised Warrants
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
$
$
$
$
$
$
$
$
13,000,000
3,268,000
111,000,000
25,083,000
3,500,000
23,184,000
52,625,000
7,701,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
FL
Preferred Stock w/ Exercised Warrants
$
5,677,000
CA
Preferred Stock w/ Exercised Warrants
$
4,656,000
Par
Fresno First Bank
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.
Rancho Santa
Margarita
Fresno
Oakland
Ocala
Effingham
Moscow
Windsor
Thousand Oaks
Tacoma
Ashland
Jonesboro
Blaine
Macon
Carmi
CA
CA
FL
IL
TN
VA
CA
WA
MO
AR
MN
MS
IL
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
$
$
$
1,968,000
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
1/23/2009
FPB Financial Corp.
Hammond
LA
Preferred Stock w/ Exercised Warrants
$
3,240,000
Par
1/23/2009
Stonebridge Financial Corp.
West Chester
PA
Preferred Stock w/ Exercised Warrants
$
10,973,000
Par
1/30/2009
Peoples Bancorp Inc.
Marietta
OH
Preferred Stock w/ Warrants
$
39,000,000
Par
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
Anchor BanCorp Wisconsin Inc.
Parke Bancorp, Inc.
Central Virginia Bankshares, Inc.
Flagstar Bancorp, Inc.
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.
Goldwater Bank, N.A.
Equity Bancshares, Inc.
WashingtonFirst Bankshares, Inc.
(WashingtonFirst Bank)
Central Bancshares, Inc.
Hilltop Community Bancorp, Inc.
Madison
Sewell
Powhatan
Troy
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
Scottsdale
Wichita
WI
NJ
VA
MI
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
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
110,000,000
16,288,000
11,385,000
266,657,000
22,000,000
6,000,000
243,815,000
7,000,000
11,949,000
10,000,000
7,700,000
30,000,000
9,000,000
17,000,000
8,152,000
11,750,000
33,000,000
7,700,000
9,993,000
2,080,000
12,720,000
6,000,000
5,498,000
10,900,000
7,525,000
10,449,000
25,000,000
8,950,000
12,639,000
110,000,000
3,674,000
2,568,000
8,750,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Reston
VA
Preferred Stock w/ Exercised Warrants
$
6,633,000
Par
Houston
Summit
TX
NJ
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
5,800,000
4,000,000
Par
Par
1/23/2009
1/23/2009
CalWest Bancorp
2
2
2
2
2
2
2
2, 25
2
2
2
2
2
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
2
2
1/30/2009
1/30/2009
1/30/2009
Orlando
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
1/16/2009
1/16/2009
1/23/2009
1/23/2009
1/23/2009
1/23/2009
1/23/2009
1/23/2009
2
2
2
2
2
2
3
2
2
2
2
2
2
2
2
2
2
2, 13 10/30/2009
2
2
Purchase Details
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
Final Disposition
Remaining
Investment
Description
Final
Disposition
Date
N/A
N/A
Disposition
Investment
Description
15
Final Disposition
Proceeds
-
N/A
8/6/2010
4
$
11,000,000
$
0
N/A
2/15/2011
12/29/2010
36
$
$
500,000
111,000,000
$
$
0
0
Warrants
Warrants
4/22/2009
4
$
4,900,000
$
0
Preferred Stock 2
4/22/2009
Preferred Stock
2, 7
R $
245,000
12/23/2009
4
$
10,189,000
$
0
Preferred Stock 2
12/23/2009
Preferred Stock
2, 7
R $
509,000
12/8/2010
4
$
3,300,000
$
0
Preferred Stock 2
12/8/2010
Preferred Stock
2, 7
R $
165,000
12/16/2009
6/16/2010
4
$
$
1,000,000
2,240,000
$
$
2,240,000
0
Preferred Stock 2
Preferred Stock 2
6/16/2010
Preferred Stock
2, 7
4
R $
162,000
2/2/2011
4
$
21,000,000
$
18,000,000
Preferred Stock w/
Warrants
12/23/2009
5
$
22,000,000
$
0
Warrants
6/16/2010
4
$
10,900,000
$
0
Preferred Stock 2
6/16/2010
Preferred Stock
2, 7
R $
545,000
4/21/2010
4
$
4,000,000
$
0
Preferred Stock 2
4/21/2010
Preferred Stock
2, 7
R $
200,000
4
Page 6 of 13
Seller
Purchase Details
Name of Institution
City
State
Footnote
Purchase Date
2
2
2
2
2
1/30/2009
1/30/2009
1/30/2009
1/30/2009
1/30/2009
2/6/2009
Northway Financial, Inc.
Monument Bank
Metro City Bank
F & M Bancshares, Inc.
First Resource Bank
MidWestOne Financial Group, Inc.
Berlin
Bethesda
Doraville
Trezevant
Exton
Iowa City
NH
MD
GA
TN
PA
IA
2/6/2009
Lakeland Bancorp, Inc.
Oak Ridge
NJ
2/6/2009
Monarch Community Bancorp, Inc.
Coldwater
MI
2/6/2009
The First Bancshares, Inc.
Hattiesburg
MS
2/6/2009
2/6/2009
Carolina Trust Bank
Alaska Pacific Bancshares, Inc.
Lincolnton
Juneau
NC
AK
2/6/2009
PGB Holdings, Inc.
Chicago
2/6/2009
2/6/2009
2/6/2009
2/6/2009
2/6/2009
2/6/2009
The Freeport State Bank
Stockmens Financial Corporation
US Metro Bank
First Express of Nebraska, Inc.
Mercantile Capital Corp.
Citizens Commerce Bancshares, Inc.
Harper
Rapid City
Garden Grove
Gering
Boston
Versailles
30 9/29/2010
3, 30 8/13/2010
2
2
2
2
2
2
3, 30 9/24/2010
2
Investment Description
Investment Amount
Pricing
Capital
Mechanism Repayment Date
$
$
$
$
$
$
10,000,000
4,734,000
7,700,000
4,609,000
2,600,000
16,000,000
Preferred Stock w/ Warrants
$
59,000,000
Par
Preferred Stock w/ Warrants
$
6,785,000
Par
Preferred Stock w/ Warrants
$
5,000,000
Par
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
4,000,000
4,781,000
Par
Par
Preferred Stock
$
3,000,000
Par
KS
SD
CA
NE
MA
KY
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
301,000
15,568,000
2,861,000
5,000,000
3,500,000
6,300,000
Par
Par
Par
Par
Par
Par
IL
Preferred Stock w/ Exercised 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
Liberty Financial Services, Inc.
New Orleans
LA
Preferred Stock
$
5,645,000
Par
2/6/2009
Houston
TX
Preferred Stock w/ Exercised Warrants
$
3,072,000
Par
Bowling Green
VA
Preferred Stock
$
33,900,000
Par
Harrisburg
Bedford
Hopkinsville
Atlanta
Charleston
Salisbury
Moyock
Lebanon
Miramar Beach
Philadelphia
NE
NH
KY
GA
WV
NC
NC
TN
FL
PA
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
2/6/2009
2/13/2009
Lone Star Bank
Union First Market Bankshares Corporation
(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 Bancorp, Inc.
(Pascack Community Bank)
First Western Financial, Inc.
QCR Holdings, Inc.
2/13/2009
Westamerica Bancorporation
2/6/2009
2
2
2
2
2
2
2, 34
2
2
2
2, 13 2/10/2010
2
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
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
2
2
2
2
2
2
2
2
2, 30 9/24/2010
2
2
2
2
2
2
Final Disposition
Final
Disposition
Date
Disposition
Investment
Description
15
Final Disposition
Proceeds
Westwood
NJ
Preferred Stock w/ Exercised Warrants
$
3,756,000
Par
Denver
Moline
CO
IL
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Warrants
$
$
8,559,000
38,237,000
Par
Par
San Rafael
CA
Preferred Stock w/ Warrants
$
83,726,000
Par
2/13/2009
The Bank of Kentucky Financial Corporation
Crestview Hills
KY
Preferred Stock w/ Warrants
$
34,000,000
Par
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
PremierWest Bancorp
Carrollton Bancorp
FNB United Corp.
First Menasha Bancshares, Inc.
1st Enterprise Bank
DeSoto County Bank
Security Bancshares of Pulaski County, Inc.
Medford
Baltimore
Asheboro
Neenah
Los Angeles
Horn Lake
Waynesville
OR
MD
NC
WI
CA
MS
MO
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
$
$
$
$
$
$
$
41,400,000
9,201,000
51,500,000
4,797,000
4,400,000
1,173,000
2,152,000
Par
Par
Par
Par
Par
Par
Par
2/13/2009
State Capital Corporation
Greenwood
MS
Preferred Stock w/ Exercised Warrants
$
15,000,000
Par
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
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
Greenville
Corning
Basin
Lamar
Santa Paula
Frontenac
Hartsville
Lynden
SC
AR
WY
CO
CA
MO
SC
WA
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
1,000,000
638,000
5,000,000
10,000,000
2,900,000
40,000,000
1,500,000
18,000,000
Par
Par
Par
Par
Par
Par
Par
Par
2/13/2009
First Choice Bank
Cerritos
CA
Preferred Stock w/ Exercised Warrants
$
2,200,000
Par
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
2/13/2009
Gregg Bancshares, Inc.
Hometown Bancshares, Inc.
Midwest Regional Bancorp, Inc.
Bern Bancshares, Inc.
Northwest Bancorporation, Inc.
Liberty Bancshares, Inc.
Ozark
Corbin
Festus
Bern
Spokane
Springfield
MO
KY
MO
KS
WA
MO
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
825,000
1,900,000
700,000
985,000
10,500,000
21,900,000
Par
Par
Par
Par
Par
Par
Preferred Stock w/
Warrants
8/4/2010
4
$
20,000,000
$
9/29/2010
4
$
5,000,000
$
0
Warrants
8/13/2010
4
$
3,000,000
$
0
N/A
1/14/2011
4
$
4,000,000
$
9/24/2010
4
$
5,645,000
$
0
2/16/2011
4
$
8,700,000
$
12/3/2010
34
$
1,742,850
$
39,000,000
N/A
N/A
-
N/A
N/A
N/A
N/A
-
N/A
0
Preferred Stock 2
2/16/2011
Preferred Stock
2, 7
R $
0
N/A
N/A
N/A
34
-
Preferred Stock 2
9/29/2010
Preferred Stock
11,568,000
4
2
2
2
2
2, 30 9/29/2010
Remaining
Investment
Description
Par
Par
Par
Par
Par
Par
2/6/2009
18
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
9/2/2009
41,863,000
Preferred Stock 2
41,863,000
$
4
$
41,863,000
$
12/22/2010
4
$
17,000,000
$
9/29/2010
4
$
15,000,000
$
9/24/2010
4
$
2,200,000
$
0
N/A
9/24/2010
Preferred Stock
11/10/2009
4
$
700,000
$
0
Preferred Stock 2
11/10/2009
Preferred Stock
17,000,000
N/A
Preferred Stock w/
Warrants
Warrants
Preferred Stock w/
Warrants
$
11/18/2009
0
435,000
2, 7,
0
30a
R $
750,000
R $
110,000
R $
35,000
2, 7,
30a
2, 7
Page 7 of 13
Seller
Purchase Details
Name of Institution
City
State
Footnote
Purchase Date
2
2
2
2/13/2009
2/13/2009
2/13/2009
2/20/2009
F&M Financial Corporation
Meridian Bank
Northwest Commercial Bank
Royal Bancshares of Pennsylvania, Inc.
Clarksville
Devon
Lakewood
Narberth
27
2/20/2009
First Merchants Corporation
Muncie
IN
2/20/2009
2/20/2009
2/20/2009
2/20/2009
Northern States Financial Corporation
Sonoma Valley Bancorp
Guaranty Bancorp, Inc.
The Private Bank of California
Waukegan
Sonoma
Woodsville
Los Angeles
2/20/2009
Lafayette Bancorp, Inc.
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, 25
2
2
2, 30 9/29/2010
2
2
2
2
2
2
2
2
2
2
2, 30 9/29/2010
2
2
2
2
2
30 9/29/2010
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2, 30 9/29/2010
2
2
2
2, 13 12/4/2009
2
2
3, 30 8/13/2010
2
2
2
TN
PA
WA
PA
Investment Description
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
Investment Amount
Pricing
Capital
Mechanism Repayment Date
Capital Repayment
Amount (Loss) 6
IL
CA
NH
CA
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Trust Preferred Securities w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
17,243,000
6,200,000
1,992,000
30,407,000
69,600,000
46,400,000
17,211,000
8,653,000
6,920,000
5,450,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Oxford
MS
Preferred Stock w/ Exercised Warrants
$
1,998,000
Par
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
Hinesville
Fayetteville
San Mateo
Buffalo
Malvern
Medford
New Market
Oneonta
Charleston
Cartersville
GA
AR
CA
WY
PA
WI
MN
AL
MO
GA
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
2/20/2009
BancPlus Corporation
Ridgeland
MS
Preferred Stock w/ Exercised Warrants
$
48,000,000
Par
2/20/2009
2/20/2009
2/20/2009
2/20/2009
2/20/2009
2/27/2009
Central Community Corporation
First BancTrust Corporation
Premier Service Bank
Florida Business BancGroup, Inc.
Hamilton State Bancshares
Lakeland Financial Corporation
Temple
Paris
Riverside
Tampa
Hoschton
Warsaw
TX
IL
CA
FL
GA
IN
Preferred Stock w/ Exercised 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
$
$
$
$
$
$
22,000,000
7,350,000
4,000,000
9,495,000
7,000,000
56,044,000
Par
Par
Par
Par
Par
Par
6/9/2010
5
$
2/27/2009
First M&F Corporation
Kosciusko
MS
Preferred Stock w/ Warrants
$
30,000,000
Par
9/29/2010
4
$
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
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
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
SC
IN
TN
CT
CA
CO
IA
TX
WI
CA
ID
PA
MO
NE
IA
MN
OK
TX
UT
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
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
4/14/2010
4
$
7/14/2010
4
2/27/2009
PSB Financial Corporation
Many
LA
Preferred Stock w/ Exercised Warrants
$
9,270,000
Par
9/29/2010
4
2/27/2009
2/27/2009
2/27/2009
Avenue Financial Holdings, Inc.
Howard Bancorp, Inc.
FNB Bancorp
The Victory Bancorp, Inc.
(The Victory Bank)
Catskill Hudson Bancorp, Inc
Midtown Bank & Trust Company
HCSB Financial Corporation
First Busey Corporation
First Federal Bancshares of Arkansas, Inc.
Nashville
Ellicott City
South San Francisco
TN
MD
CA
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
7,400,000
5,983,000
12,000,000
Par
Par
Par
3/6/2009
8/13/2010
4
3/6/2009
3/6/2009
3/6/2009
Remaining Capital
Amount
Final Disposition
Remaining
Investment
Description
Final
Disposition
Date
Preferred Stock 2
9/29/2010
Preferred Stock
Preferred Stock 2
9/29/2010
Preferred Stock
Disposition
Investment
Description
15
Final Disposition
Proceeds
2, 7,
9/29/2010
4
9/29/2010
4
$
1,998,000
$
48,000,000
$
0
30a
R $
100,000
R $
2,400,000
2, 7,
30a
$
0
56,044,000
$
0
Warrants
30,000,000
$
0
Warrants
731,000
$
0
Preferred Stock 2
4/14/2010
Preferred Stock
2, 7
R $
37,000
$
651,000
$
0
Preferred Stock 2
7/14/2010
Preferred Stock
2, 7
R $
33,000
$
9,270,000
$
0
Preferred Stock 2
9/29/2010
Preferred Stock
R $
464,000
$
7,462,000
$
0
N/A
N/A
N/A
2, 7,
2/27/2009
2/27/2009
2/27/2009
3/6/2009
3/6/2009
3/6/2009
Limerick
PA
Preferred Stock w/ Exercised Warrants
$
541,000
Par
Rock Hill
Atlanta
Loris
Urbana
Harrison
NY
GA
SC
IL
AR
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Warrants
$
$
$
$
$
3,000,000
5,222,000
12,895,000
100,000,000
16,500,000
Par
Par
Par
Par
Par
Citizens Bancshares Corporation
Atlanta
GA
Preferred Stock
$
7,462,000
Par
ICB Financial
First Texas BHC, Inc.
Farmers & Merchants Bancshares, Inc.
Ontario
Fort Worth
Houston
CA
TX
TX
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
6,000,000
13,533,000
11,000,000
Par
Par
Par
30a
-
N/A
Page 8 of 13
Seller
Footnote
Purchase Date
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/6/2009
3/13/2009
3/13/2009
3/13/2009
3/13/2009
3/13/2009
3, 30 8/13/2010
2
2
2
2
2
2
2
2, 3a 11/13/2009
30 9/3/2010
2
2
2
2
2
Purchase Details
Name of Institution
Blue Ridge Bancshares, Inc.
First Reliance Bancshares, Inc.
Merchants and Planters Bancshares, Inc.
First Southwest Bancorporation, Inc.
Germantown Capital Corporation, Inc.
BOH Holdings, Inc.
AmeriBank Holding Company
Highlands Independent Bancshares, Inc.
Pinnacle Bank Holding Company, Inc.
Blue River Bancshares, Inc.
Marine Bank & Trust Company
Community Bancshares of Kansas, Inc.
Regent Bancorp, Inc.
Park Bancorporation, Inc.
PeoplesSouth Bancshares, Inc.
First Place Financial Corp.
Salisbury Bancorp, Inc.
First Northern Community Bancorp
Discover Financial Services
Provident Community Bancshares, Inc.
City
State
Independence
Florence
Toone
Alamosa
Germantown
Houston
Collinsville
Sebring
Orange City
Shelbyville
Vero Beach
Goff
Davie
Madison
Colquitt
Warren
Lakeville
Dixon
Riverwoods
Rock Hill
MO
SC
TN
CO
TN
TX
OK
FL
FL
IN
FL
KS
FL
WI
GA
OH
CT
CA
IL
SC
Investment Description
Investment Amount
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ 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
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
12,000,000
15,349,000
1,881,000
5,500,000
4,967,000
10,000,000
2,492,000
6,700,000
4,389,000
5,000,000
3,000,000
500,000
9,982,000
23,200,000
12,325,000
72,927,000
8,816,000
17,390,000
1,224,558,000
9,266,000
Pricing
Capital
Mechanism Repayment Date
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
3/13/2009
First American International Corp.
Brooklyn
NY
Preferred Stock
$
17,000,000
Par
3/13/2009
3/13/2009
3/13/2009
3/13/2009
3/13/2009
3/13/2009
3/13/2009
BancIndependent, Inc.
Haviland Bancshares, Inc.
1st United Bancorp, Inc.
Madison Financial Corporation
First National Corporation
St. Johns Bancshares, Inc.
Blackhawk Bancorp, Inc.
Sheffield
Haviland
Boca Raton
Richmond
Strasburg
St. Louis
Beloit
AL
KS
FL
KY
VA
MO
WI
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
21,100,000
425,000
10,000,000
3,370,000
13,900,000
3,000,000
10,000,000
Par
Par
Par
Par
Par
Par
Par
3/13/2009
IBW Financial Corporation
Washington
DC
Preferred Stock
$
6,000,000
Par
2
2
2
2
2
2
2
2
2
2
2
2
2
2
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
Butler Point, Inc.
Bank of George
Moneytree Corporation
Sovereign Bancshares, Inc.
First Intercontinental Bank
Heritage Oaks Bancorp
Community First Bancshares Inc.
First NBC Bank Holding Company
First Colebrook Bancorp, Inc.
Kirksville Bancorp, Inc.
Peoples Bancshares of TN, Inc
Premier Bank Holding Company
Citizens Bank & Trust Company
Farmers & Merchants Financial Corporation
Farmers State Bankshares, Inc.
SBT Bancorp, Inc.
CSRA Bank Corp.
Trinity Capital Corporation
Clover Community Bankshares, Inc.
Pathway Bancorp
Catlin
Las Vegas
Lenoir City
Dallas
Doraville
Paso Robles
Union City
New Orleans
Colebrook
Kirksville
Madisonville
Tallahassee
Covington
Argonia
Holton
Simsbury
Wrens
Los Alamos
Clover
Cairo
IL
NV
TN
TX
GA
CA
TN
LA
NH
MO
TN
FL
LA
KS
KS
CT
GA
NM
SC
NE
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
607,000
2,672,000
9,516,000
18,215,000
6,398,000
21,000,000
20,000,000
17,836,000
4,500,000
470,000
3,900,000
9,500,000
2,400,000
442,000
700,000
4,000,000
2,400,000
35,539,000
3,000,000
3,727,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
2
3/27/2009
Colonial American Bank
West Conshohocken
PA
Preferred Stock w/ Exercised Warrants
$
574,000
Par
2
2
2
2
2
2
2
2
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
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.
Kingwood
Frontenac
Glenwood Springs
Naples
Russellville
Irving
Bristow
Towson
Glen Ellen
TX
MO
CO
FL
AL
TX
OK
MD
VA
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised 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
$
$
$
$
$
$
$
$
$
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
Par
Par
Par
Par
Par
Par
Par
Par
Par
4/3/2009
Tri-State Bank of Memphis
Memphis
TN
Preferred Stock
$
2,795,000
Par
4/3/2009
4/3/2009
4/3/2009
Fortune Financial Corporation
BancStar, Inc.
Titonka Bancshares, Inc
Arnold
Festus
Titonka
MO
MO
IA
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
3,100,000
8,600,000
2,117,000
Par
Par
Par
2, 3, 30 8/13/2010
2
2
2
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
Final Disposition
Remaining
Investment
Description
Final
Disposition
Date
Disposition
Investment
Description
15
Final Disposition
Proceeds
4/21/2010
4
$
1,224,558,000
$
0
Warrants
7/7/2010
Warrants
8/13/2010
4
$
17,000,000
$
0
N/A
N/A
N/A
12/29/2010
11/18/2009
4
4
$
$
425,000
10,000,000
$
$
0
0
Preferred Stock 2
Preferred Stock 2
12/29/2010
11/18/2009
Preferred Stock
Preferred Stock
9/3/2010
4
$
6,000,000
$
0
N/A
N/A
N/A
-
N/A
8/13/2010
4
$
2,795,000
$
0
N/A
N/A
N/A
-
N/A
R $
2, 7
2, 7
R $
R $
172,000,000
N/A
21,000
500,000
Page 9 of 13
Seller
Purchase Details
Name of Institution
City
State
Investment Description
Investment Amount
Pricing
Capital
Mechanism Repayment Date
Footnote
Purchase Date
2
2
2
2
2
2, 3
2
2
2
2
2
2
2
2
2
2
2
2
2
2
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
4/24/2009
4/24/2009
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
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
Grand Capital Corporation
Allied First Bancorp, Inc.
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
Tulsa
Oswego
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
OK
IL
Preferred Stock w/ 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
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
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
4,000,000
3,652,000
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
8
4/24/2009
Frontier Bancshares, Inc.
Austin
TX
Subordinated Debentures w/ Exercised
Warrants
$
3,000,000
Par
2
2, 25a
2
2
2
2
2
2
2
5/1/2009
5/1/2009
5/1/2009
5/1/2009
5/1/2009
Village Bank and Trust Financial Corp
CenterBank
Georgia Primary Bank
Union Bank & Trust Company
HPK Financial Corporation
Midlothian
Milford
Atlanta
Oxford
Chicago
VA
OH
GA
NC
IL
Preferred Stock w/ Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
$
$
$
$
$
14,738,000
2,250,000
4,500,000
3,194,000
4,000,000
8
5/1/2009
OSB Financial Services, Inc.
Orange
TX
5/1/2009
Security State Bank Holding-Company
Jamestown
ND
Vernon
NJ
Preferred Stock w/ Exercised Warrants
$
3,091,000
Par
Atlanta
Ringgold
GA
GA
$
$
5,500,000
6,000,000
Par
Par
Freeport
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
$
3,000,000
Par
$
4,000,000
Par
$
13,644,000
Par
Subordinated Debentures
$
6,784,000
Par
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
$
$
$
$
$
$
$
$
21,000,000
1,341,000
4,700,000
6,970,000
2,720,000
14,800,000
4,862,000
15,000,000
Par
Par
Par
Par
Par
Par
Par
Par
Subordinated Debentures
$
4,205,000
Par
$
5,586,000
Par
$
2,400,000
Par
$
1,100,000
Par
$
2,639,000
Par
5/8/2009
5/8/2009
Highlands Bancorp, Inc.
(Highlands State Bank)
One Georgia Bank
Gateway Bancshares, Inc.
8
5/8/2009
Freeport Bancshares, Inc.
8
5/8/2009
Investors Financial Corporation of Pettis County, Inc Sedalia
MO
8
5/8/2009
Sword Financial Corporation
Horicon
WI
3, 8, 30 8/13/2010
5/8/2009
Premier Bancorp, Inc.
Wilmette
IL
5/15/2009
5/15/2009
5/15/2009
5/15/2009
5/15/2009
5/15/2009
5/15/2009
5/15/2009
Mercantile Bank Corporation
Northern State Bank
Western Reserve Bancorp, Inc
Community Financial Shares, Inc.
Worthington Financial Holdings, Inc.
First Community Bancshares, Inc
Southern Heritage Bancshares, Inc.
Foresight Financial Group, Inc.
Grand Rapids
Closter
Medina
Glen Ellyn
Huntsville
Overland Park
Cleveland
Rockford
2
2
2
2
2
2
2
3, 8, 30 9/10/2010
5/8/2009
IL
MI
NJ
OH
IL
AL
KS
TN
IL
5/15/2009
IBC Bancorp, Inc.
Chicago
IL
8
5/15/2009
Boscobel Bancorp, Inc
Boscobel
WI
8
5/15/2009
Brogan Bankshares, Inc.
Kaukauna
WI
8
5/15/2009
Riverside Bancshares, Inc.
Little Rock
AR
8
5/15/2009
Deerfield Financial Corporation
Deerfield
WI
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
Final Disposition
Remaining
Investment
Description
Final
Disposition
Date
Subordinated
Debentures 8
Subordinated
Debentures 8
10/6/2010
Subordinated
Debentures 8
Disposition
Investment
Description
15
Final Disposition
Proceeds
11/24/2009
4
$
1,600,000
$
10/6/2010
4
$
1,400,000
$
0
8/13/2010
4
$
6,784,000
$
0
N/A
N/A
N/A
-
N/A
9/10/2010
4
$
4,205,000
$
0
N/A
N/A
N/A
-
N/A
1,400,000
7
R $
150,000
Par
Par
Par
Par
Par
8
2, 13 8/31/2010
2
2
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
$
6,100,000
Par
$
10,750,000
Par
Page 10 of 13
Seller
Footnote
Purchase Date
Purchase Details
Name of Institution
City
State
Investment Description
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
Investment Amount
Pricing
Capital
Mechanism Repayment Date
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
Final Disposition
Remaining
Investment
Description
Final
Disposition
Date
Disposition
Investment
Description
8, 10
6/5/2009
OneFinancial Corporation
Little Rock
AR
2
2, 10, 30 9/29/2010
6/12/2009
Berkshire Bancorp, Inc.
Wyomissing
PA
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures 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
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Exercised Warrants
6/12/2009
First Vernon Bancshares, Inc.
Vernon
AL
Preferred Stock w/ Exercised Warrants
$
6,000,000
Par
2
2, 10
2
6/12/2009
6/12/2009
6/12/2009
SouthFirst Bancshares, Inc.
Virginia Company Bank
Enterprise Financial Services Group, Inc.
Sylacauga
Newport News
Allison Park
AL
VA
PA
$
$
$
2,760,000
4,700,000
4,000,000
Par
Par
Par
8, 10
6/12/2009
First Financial Bancshares, Inc.
Lawrence
KS
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
$
3,756,000
Par
$
15,000,000
Par
$
$
3,510,000
8,900,000
Par
Par
$
2,639,000
Par
$
6,400,000
Par
$
12,000,000
Par
$
12,000,000
Par
$
10,000,000
Par
$
2,330,000
Par
$
11,926,000
Par
$
15,000,000
Par
$
$
$
$
3,400,000,000
3,000,000
5,625,000
21,042,000
Par
Par
Par
Par
3/31/2010
4
$
3,400,000,000
$
0
Warrants
9/21/2010
Warrants
9/29/2010
4
$
17,388,000
$
0
Preferred Stock 2
9/29/2010
Preferred Stock
8/20/2010
4
$
11,735,000
$
0
N/A
N/A
N/A
8
5/15/2009
Market Street Bancshares, Inc.
Mt. Vernon
2
2
2
2
2
2
2
5/22/2009
5/22/2009
5/22/2009
5/22/2009
5/22/2009
5/22/2009
5/22/2009
The Landrum Company
First Advantage Bancshares Inc.
Fort Lee Federal Savings Bank
Blackridge Financial, Inc.
Illinois State Bancorp, Inc.
Universal Bancorp
Franklin Bancorp, Inc.
Columbia
Coon Rapids
Fort Lee
Fargo
Chicago
Bloomfield
Washington
MO
MN
NJ
ND
IL
IN
MO
IL
8
5/22/2009
Commonwealth Bancshares, Inc.
Louisville
KY
8
5/22/2009
Premier Financial Corp
Dubuque
IA
8
5/22/2009
F & C Bancorp, Inc.
Holden
MO
8
5/22/2009
Diamond Bancorp, Inc.
Washington
MO
8
5/22/2009
United Bank Corporation
Barnesville
GA
2
2
2
2
2
5/29/2009
5/29/2009
5/29/2009
5/29/2009
5/29/2009
5/29/2009
Community Bank Shares of Indiana, Inc.
American Premier Bancorp
CB Holding Corp.
Citizens Bancshares Co.
Grand Mountain Bancshares, Inc.
Two Rivers Financial Group
New Albany
Arcadia
Aledo
Chillicothe
Granby
Burlington
IN
CA
IL
MO
CO
IA
8
5/29/2009
Fidelity Bancorp, Inc
Baton Rouge
LA
8
5/29/2009
Chambers Bancshares, Inc.
Danville
AR
2
6/5/2009
Covenant Financial Corporation
Clarksdale
MS
8
6/5/2009
First Trust Corporation
New Orleans
LA
$
20,300,000
Par
$
$
$
$
$
$
$
15,000,000
1,177,000
1,300,000
5,000,000
6,272,000
9,900,000
5,097,000
Par
Par
Par
Par
Par
Par
Par
$
20,400,000
Par
$
6,349,000
Par
$
2,993,000
Par
$
20,445,000
Par
$
14,400,000
Par
$
$
$
$
$
$
19,468,000
1,800,000
4,114,000
24,990,000
3,076,000
12,000,000
Par
Par
Par
Par
Par
Par
$
3,942,000
Par
$
19,817,000
Par
$
5,000,000
Par
$
17,969,000
Par
$
17,300,000
Par
$
2,892,000
Par
8
6/12/2009
River Valley Bancorporation, Inc.
Wausau
WI
6/19/2009
6/19/2009
Merchants and Manufacturers Bank Corporation
RCB Financial Corporation
Joliet
Rome
IL
GA
8
6/19/2009
Manhattan Bancshares, Inc.
Manhattan
IL
8, 10
6/19/2009
Biscayne Bancshares, Inc.
Coconut Grove
FL
8
6/19/2009
Duke Financial Group, Inc.
Minneapolis
MN
8
6/19/2009
Farmers Enterprises, Inc.
Great Bend
KS
8
6/19/2009
Century Financial Services Corporation
Santa Fe
NM
8
6/19/2009
NEMO Bancshares Inc.
Madison
MO
3, 8, 30 7/30/2010
6/19/2009
University Financial Corp, Inc.
St. Paul
MN
8
6/19/2009
Suburban Illinois Bancorp, Inc.
Elmhurst
IL
6/26/2009
6/26/2009
6/26/2009
6/26/2009
Hartford Financial Services Group, Inc.
Fidelity Resources Company
Waukesha Bankshares, Inc.
FC Holdings, Inc.
Hartford
Plano
Waukesha
Houston
CT
TX
WI
TX
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
6/26/2009
Security Capital Corporation
Batesville
MS
Preferred Stock w/ Exercised Warrants
$
17,388,000
Par
6/26/2009
6/26/2009
6/26/2009
First Alliance Bancshares, Inc.
Gulfstream Bancshares, Inc.
Gold Canyon Bank
Cordova
Stuart
Gold Canyon
TN
FL
AZ
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
$
$
$
3,422,000
7,500,000
1,607,000
Par
Par
Par
6/26/2009
M&F Bancorp, Inc.
Durham
NC
Preferred Stock
$
11,735,000
Par
2
2
2, 10
2, 3, 10, 30 8/20/2010
4
$
1,800,000
$
0
Preferred Stock 2
1/26/2011
Preferred Stock
9/29/2010
4
$
6,000,000
$
0
Preferred Stock 2
9/29/2010
Preferred Stock
7/30/2010
4
$
11,926,000
$
0
N/A
N/A
N/A
2, 7
Final Disposition
Proceeds
R $
90,000
R $
245,000
2, 7,
2
2, 10
2
2, 10
2
2, 10, 30 9/29/2010
1/26/2011
15
Subordinated Debentures
30a
-
N/A
A $
713,687,430
R $
522,000
2, 7,
30a
-
N/A
Page 11 of 13
Seller
Footnote
Purchase Date
2
2
2
6/26/2009
6/26/2009
6/26/2009
Purchase Details
Name of Institution
Metropolitan Bank Group, Inc.
NC Bancorp, Inc.
Alliance Bancshares, Inc.
City
State
Chicago
Chicago
Dalton
IL
IL
GA
8
6/26/2009
Stearns Financial Services, Inc.
St. Cloud
MN
8
6/26/2009
Signature Bancshares, Inc.
Dallas
TX
Investment Description
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Investment Amount
Pricing
Capital
Mechanism Repayment Date
$
$
$
71,526,000
6,880,000
2,986,000
Par
Par
Par
$
24,900,000
Par
$
1,700,000
Par
$
35,000,000
Par
$
12,000,000
Par
8
6/26/2009
Fremont Bancorporation
Fremont
CA
8
6/26/2009
Alliance Financial Services Inc.
Saint Paul
MN
7/10/2009
Lincoln National Corporation
Radnor
PA
Preferred Stock w/ Warrants
$
950,000,000
Par
7/10/2009
7/17/2009
7/17/2009
7/17/2009
Bancorp Financial, Inc.
Brotherhood Bancshares, Inc.
SouthCrest Financial Group, Inc.
Harbor Bankshares Corporation
Oak Brook
Kansas City
Fayetteville
Baltimore
IL
KS
GA
MD
$
$
$
$
13,669,000
11,000,000
12,900,000
6,800,000
Par
Par
Par
Par
$
50,000,000
Par
$
8,400,000
Par
$
2,500,000
Par
$
$
$
13,312,000
3,872,000
20,471,000
Par
Par
Par
$
50,000,000
Par
$
7,000,000
Par
$
3,742,000
Par
$
$
$
$
20,000,000
50,236,000
1,004,000
4,000,000
Par
Par
Par
Par
$
5,000,000
Par
$
$
$
3,223,000
20,699,000
16,015,000
Par
Par
Par
$
9,720,000
Par
$
1,697,000
Par
$
6,771,000
Par
8
8/21/2009
AmFirst Financial Services, Inc.
McCook
NE
2, 3
2
2, 10
8/28/2009
8/28/2009
8/28/2009
First Independence Corporation
First Guaranty Bancshares, Inc.
CoastalSouth Bancshares, Inc.
Detroit
Hammond
Hilton Head Island
MI
LA
SC
8, 10
8/28/2009
TCB Corporation
Greenwood
SC
8, 10
9/4/2009
The State Bank of Bartley
Bartley
NE
9/11/2009
Pathfinder Bancorp, Inc.
Oswego
NY
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Warrants
9/11/2009
Community Bancshares of Mississippi, Inc.
Brandon
MS
Preferred Stock w/ Exercised Warrants
$
52,000,000
Par
9/11/2009
9/11/2009
Heartland Bancshares, Inc.
PFSB Bancorporation, Inc.
Franklin
Pigeon Falls
IN
WI
$
$
7,000,000
1,500,000
Par
Par
9/11/2009
First Eagle Bancshares, Inc.
Hanover Park
IL
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
$
7,500,000
Par
2, 10
2, 10
2, 10
2
9/18/2009
9/18/2009
9/25/2009
9/25/2009
IA Bancorp, Inc.
HomeTown Bankshares Corporation
Heritage Bankshares, Inc.
Mountain Valley Bancshares, Inc.
Iselin
Roanoke
Norfolk
Cleveland
NJ
VA
VA
GA
$
$
$
$
5,976,000
10,000,000
10,103,000
3,300,000
Par
Par
Par
Par
8
9/25/2009
Grand Financial Corporation
Hattiesburg
MS
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
$
2,443,320
Par
9/25/2009
Guaranty Capital Corporation
Belzoni
MS
Subordinated Debentures
$
14,000,000
Par
9/25/2009
GulfSouth Private Bank
Destin
FL
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock
Preferred Stock
Preferred Stock w/ Exercised Warrants
$
7,500,000
Par
2, 10
2
2
2, 3
8
7/17/2009
First South Bancorp, Inc.
Lexington
TN
8
7/17/2009
Great River Holding Company
Baxter
MN
8, 10
7/17/2009
Plato Holdings Inc.
Saint Paul
MN
2, 10
2
7/24/2009
7/24/2009
7/24/2009
Yadkin Valley Financial Corporation
Community Bancshares, Inc.
Florida Bank Group, Inc.
Elkin
Kingman
Tampa
NC
AZ
FL
8
7/24/2009
First American Bank Corporation
Elk Grove Village
IL
2
7/31/2009
Chicago Shore Corporation
Chicago
IL
8, 10
7/31/2009
Financial Services of Winger, Inc.
Winger
MN
2
2
2
2
8/7/2009
8/7/2009
8/14/2009
8/21/2009
The ANB Corporation
U.S. Century Bank
Bank Financial Services, Inc.
KS Bancorp, Inc.
Terrell
Miami
Eden Prarie
Smithfield
TX
FL
MN
NC
2, 30 9/29/2010
2, 10
2, 10
8, 30 9/17/2010
3, 8, 30 7/30/2010
10, 21
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
Final Disposition
Remaining
Investment
Description
Final
Disposition
Date
Disposition
Investment
Description
12/15/2010
4
$
1,700,000
$
0
Subordinated
Debentures 8
12/15/2010
Subordinated
Debentures 8
6/30/2010
4
$
950,000,000
$
0
Warrants
9/16/2010
Warrants
9/29/2010
4
$
52,000,000
$
0
Preferred Stock 2
9/29/2010
Preferred Stock
9/17/2010
4
$
7,500,000
$
0
Subordinated
Debentures 8
9/17/2010
Subordinated
Debentures 8
7/30/2010
4
$
14,000,000
$
0
N/A
N/A
N/A
15
7
Final Disposition
Proceeds
R $
85,000
A $
216,620,887
R $
2,600,000
R $
375,000
2, 7,
8, 10
9/25/2009
Steele Street Bank Corporation
Denver
CO
2, 10
2, 10
10/2/2009
10/2/2009
10/23/2009
Premier Financial Bancorp, Inc.
Providence Bank
Regents Bancshares, Inc.
Huntington
Rocky Mount
Vancouver
WV
NC
WA
8
10/23/2009
Cardinal Bancorp II, Inc.
Washington
MO
2
2, 10a
2, 10a
2, 10
10/30/2009
10/30/2009
11/6/2009
11/13/2009
Randolph Bank & Trust Company
WashingtonFirst Bankshares, Inc.
F & M Bancshares, Inc.
Fidelity Federal Bancorp
Asheboro
Reston
Trezevant
Evansville
NC
VA
TN
IN
$
11,019,000
Par
$
$
$
22,252,000
4,000,000
12,700,000
Par
Par
Par
$
6,251,000
Par
$
$
$
$
6,229,000
6,842,000
3,535,000
6,657,000
Par
Par
Par
Par
30a
30a
-
N/A
Page 12 of 13
Seller
Footnote
Purchase Date
Purchase Details
Name of Institution
City
State
8, 10
11/13/2009
Community Pride Bank Corporation
Ham Lake
2, 10a
2, 10
2
2, 10a
3, 10a
2
2, 10
2
2, 10
11/13/2009
11/20/2009
11/20/2009
11/20/2009
12/4/2009
12/4/2009
12/4/2009
12/11/2009
12/11/2009
HPK Financial Corporation
Presidio Bank
McLeod Bancshares, Inc.
Metropolitan Capital Bancorp, Inc.
Broadway Financial Corporation
Delmar Bancorp
Liberty Bancshares, Inc.
First Community Financial Partners, Inc.
Wachusett Financial Services, Inc.
Chicago
San Francisco
Shorewood
Chicago
Los Angeles
Delmar
Fort Worth
Joliet
Clinton
CA
MD
TX
IL
MA
8
12/11/2009
Nationwide Bankshares, Inc.
West Point
NE
2, 10a
2, 10a
2, 10a
2, 10a
2, 10a
2, 10a
2, 10a
2
2, 10
2
2, 10a
2, 10a
2, 10a
2, 10a
2, 10a
2, 10
2, 10a, 30 9/24/2010
2, 10a, 13 8/31/2010
2, 10a
2, 10a
2, 10a
2, 10
2, 10
2
12/11/2009
12/11/2009
12/11/2009
12/11/2009
12/11/2009
12/11/2009
12/11/2009
12/18/2009
12/18/2009
12/18/2009
12/18/2009
12/18/2009
12/18/2009
12/18/2009
12/18/2009
12/22/2009
GrandSouth Bancorporation
1st Enterprise Bank
First Resource Bank
First Western Financial, Inc.
Meridian Bank
The Victory Bancorp, Inc.
First Business Bank, N.A.
Layton Park Financial Group
Centric Financial Corporation
Valley Financial Group, Ltd., 1st State Bank
Cache Valley Banking Company
Birmingham Bloomfield Bancshares, Inc
First Priority Financial Corp.
Northern State Bank
Union Bank & Trust Company
First Freedom Bancshares, Inc.
Greenville
Los Angeles
Exton
Denver
Devon
Limerick
San Diego
Milwaukee
Harrisburg
Saginaw
Logan
Birmingham
Malvern
Closter
Oxford
Lebanon
SC
CA
PA
CO
PA
PA
CA
WI
PA
MI
UT
MI
PA
NJ
NC
TN
12/22/2009
First Choice Bank
Cerritos
Investment Description
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock
Preferred Stock
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Investment Amount
Pricing
Capital
Mechanism Repayment Date
$
4,400,000
Par
$
$
$
$
$
$
$
$
$
5,000,000
10,800,000
6,000,000
2,348,000
6,000,000
9,000,000
6,500,000
22,000,000
12,000,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
$
2,000,000
Par
Preferred Stock w/ Exercised Warrants
Preferred Stock
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock w/ Exercised Warrants
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock w/ Exercised Warrants
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
6,319,000
6,000,000
2,417,000
11,881,000
6,335,000
1,505,000
2,032,000
3,000,000
6,056,000
1,300,000
4,640,000
1,744,000
4,596,000
1,230,000
2,997,000
8,700,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
CA
Preferred Stock
$
2,836,000
Par
Vernon
NJ
Preferred Stock
$
2,359,000
Par
Salt Lake City
Rock Hill
Kingsport
Bluffton
Albuquerque
Ebensburg
UT
NY
TN
SC
NM
PA
$
$
$
$
$
$
9,698,000
3,500,000
4,237,000
2,000,000
2,179,000
4,500,000
Par
Par
Par
Par
Par
Par
$
3,035,000
Par
$
$
4,567,000
1,508,000
Par
Par
MN
IL
CA
MN
IL
12/22/2009
12/22/2009
12/22/2009
12/29/2009
12/29/2009
12/29/2009
Highlands Bancorp, Inc.
(Highlands State Bank)
Medallion Bank
Catskill Hudson Bancorp, Inc
TriSummit Bank
Atlantic Bancshares, Inc.
Union Financial Corporation
Mainline Bancorp, Inc.
8, 10
12/29/2009
FBHC Holding Company
Boulder
CO
2, 10a
2, 10a
2, 10a, 30 9/29/2010
2, 10a
2, 10a
2, 10a
12/29/2009
12/29/2009
Western Illinois Bancshares Inc.
DeSoto County Bank
Monmouth
Horn Lake
IL
MS
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
Subordinated Debentures w/ Exercised
Warrants
Preferred Stock
Preferred Stock
12/29/2009
Lafayette Bancorp, Inc.
Oxford
MS
Preferred Stock
$
2,453,000
Par
12/29/2009
12/29/2009
12/29/2009
Private Bancorporation, Inc.
CBB Bancorp
Illinois State Bancorp, Inc.
Minneapolis
Cartersville
Chicago
MN
GA
IL
Preferred Stock
Preferred Stock
Preferred Stock w/ Exercised Warrants
$
$
$
3,262,000
1,753,000
4,000,000
Par
Par
Par
$
204,940,341,320
12/22/2009
Total Purchase Amount *
Treasury Investment Remaining
After Capital Repayment
Capital Repayment Details
Capital Repayment
Amount (Loss) 6
Remaining Capital
Amount
Final Disposition
Remaining
Investment
Description
Final
Disposition
Date
Disposition
Investment
Description
15
Final Disposition
Proceeds
12/29/2010
4
$
2,000,000
$
0
Subordinated
Debentures 8
12/29/2010
Subordinated
Debentures 8
9/24/2010
4
$
2,836,000
$
0
N/A
N/A
N/A
-
N/A
9/29/2010
4
$
2,453,000
$
0
N/A
N/A
N/A
-
N/A
Total Repaid **
Losses***
TOTAL TREASURY CAPITAL PURCHASE PROGRAM (CPP) OUTSTANDING INVESTMENT AMOUNT
$ 171,478,062,014
$
(2,578,099,294)
$
30,884,180,012
7
Total Warrant Proceeds****
R $
$
100,000
7,067,327,541
* Total purchase amount includes the capitalization of accrued dividends referred to in Notes 20, 22, 28 and 29.
** Total repaid includes (i) the amount of $25 billion applied as repayment under the Capital Purchase Program from the total proceeds of $31.85 billion received pursuant to the sales of Citigroup, Inc. common stock as of December 6, 2010 (see Note 23 and "Capital Purchase Program - Citigroup Common Stock Disposition" on following pages) and
(ii) the amount of $363,290,000 repaid by institutions that have completed exchanges for investments under the Community Development Capital Initiative (see Note 30 and "Community Development Capital Initiative" on following pages).
*** Losses include (i) the investment amount for institutions that have completed bankruptcy proceedings (see Notes 16 and 19) and (ii) the investment amount less the amount of final proceeds for institutions where Treasury has completed a sale (see Notes 26, 32 and 34), but excludes investment amounts for institutions that have pending
receivership or bankruptcy proceedings (see Notes 14 and 25).
**** Total warrant proceeds includes $7,566,000, which represents the total amount of warrants that were included in nine institutions' exchange into the CDCI program (see Note 30a).
Notes appear on the following page.
Page 13 of 13
1a/ 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
1b/ The warrant disposition proceeds amount are stated pro rata in respect of the CPP investments in Bank of America Corporation that occurred on 10/28/2008 and 1/9/2009. The total gross disposition proceeds from CPP warrants on 3/3/2010 was $310,571,615, consisting of $186,342,969 and $124,228,646. Proceeds from the disposition of TIP
warrants on 3/3/2010 appear on a following page of this report.
2/ Privately-held qualified financial institution; Treasury received a warrant to purchase additional shares of preferred stock (unless the institution is a CDFI), 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.
3a/ Treasury cancelled the warrants received from this institution due to its designation as a CDFI.
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 (unless the institution is a CDFI), which it exercised immediately.
9/ In its qualified equity offering, this institution raised more capital than Treasury’s original investment, therefore, the number of Treasury’s shares underlying the warrant was reduced by half.
10/ This institution participated in the expansion of CPP for small banks.
10a/ This institution received an additional investment through the expansion of CPP for small banks.
11/ Treasury made three separate investments in Citigroup Inc. (Citigroup) under the CPP, Targeted Investment Program (TIP), and Asset Guarantee Program (AGP) for a total of $49 billion. On 6/9/2009, Treasury entered into an agreement with Citigroup to exchange up to $25 billion of Treasury's investment in Fixed Rate Cumulative Perpetual
Preferred Stock, Series H (CPP Shares) "dollar for dollar" in Citigroup's Private and Public Exchange Offerings. On 7/23/2009 and 7/30/2009, Treasury exchanged a total of $25 billion of the CPP shares for Series M Common Stock Equivalent (“Series M”) and a warrant to purchase shares of Series M. On 9/11/2009, Series M automatically
converted to 7,692,307,692 shares of common stock and the associated warrant terminated on receipt of certain shareholder approvals.
12/ On 8/24/2009, Treasury exchanged its Series C Preferred Stock issued by Popular, Inc. for a like amount of non tax-deductible Trust Preferred Securities issued by Popular Capital Trust III, administrative trustee for Popular, Inc. Popular, Inc. paid a $13 million exchange fee in connection with this transaction.
13/ This institution converted to a bank holding company structure and Treasury exchanged its securities for a like amount of securities that comply with the CPP terms applicable to bank holding companies. The institution in which Treasury's original investment was made is shown in parentheses.
14/ As of the date of this report, this institution is in bankruptcy proceedings.
15/ For final disposition of warrants, "R" represents proceeds from a repurchase of warrants by the financial institution, and "A" represents the proceeds to Treasury, before underwriting fees and selling expenses, from a sale by Treasury in a registered public offering of the warrants issued by the financial institution.
16/ On 12/10/2009, the bankruptcy reorganization plan of CIT Group Inc. became effective and Treasury's preferred stock and warrant investment were extinguished and replaced by Contingent Value Rights (CVRs). On 2/8/2010, the CVRs expired without value as the terms and conditions for distribution of common shares to holders of CVRs were
17/ On 12/11/2009, Treasury exchanged its Series A Preferred Stock issued by Superior Bancorp, Inc. for a like amount of non tax-deductible Trust Preferred Securities issued by Superior Capital Trust II, administrative trustee for Superior Bancorp.
18/ On 2/1/2010, following the acquisition of First Market Bank (First Market) by Union Bankshares Corporation (the acquiror), the preferred stock and exercised warrants issued by First Market on 2/6/2009 were exchanged for a like amount of securities of the acquiror in a single series but with a blended dividend rate equivalent to those of Treasury's
19/ On 2/11/2010, Pacific Coast National Bancorp dismissed its bankruptcy proceedings with no recovery to any creditors or investors, including Treasury, and the investment was extinguished.
20/ On 3/8/2010, Treasury exchanged its $84,784,000 of Preferred Stock in Midwest Banc Holdings, Inc. (MBHI) for $89,388,000 of Mandatory Convertible Preferred Stock (MCP), which is equivalent to the initial investment amount of $84,784,000, plus $4,604,000 of capitalized previously accrued and unpaid dividends. Subject to the fulfillment by
MBHI of the conditions related to its capital plan, the MCP may be converted to common stock.
21/ On 3/30/2010, Treasury exchanged its $7,500,000 of Subordinated Debentures in GulfSouth Private Bank for an equivalent amount of Preferred Stock, in connection with its conversion from a Subchapter S-Corporation, that comply with the CPP terms applicable to privately held qualified financial institutions.
22/ On 4/16/2010, Treasury exchanged its $72,000,000 of Preferred Stock in Independent Bank Corporation (Independent) for $74,426,000 of Mandatory Convertible Preferred Stock (MCP), which is equivalent to the initial investment amount of $72,000,000, plus $2,426,000 of capitalized previously accrued and unpaid dividends. Subject to the
fulfillment by Independent of the conditions related to its capital plan, the MCP may be converted to common stock.
23/ Treasury received Citigroup common stock pursuant to the June 2009 Exchange Agreement between Treasury and Citigroup which provided for the exchange into common shares of the preferred stock that Treasury purchased in connection with Citigroup's participation in the Capital Purchase Program (see note 11). On April 26, 2010,
Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority as its sales agent to sell subject to certain parameters up to 1,500,000,000 shares of the common stock from time to time during the period ending on June 30, 2010 (or on completion of the sale). Completion of the sale under this authority occurred on May
26, 2010. On May 26, 2010, Treasury again gave Morgan Stanley discretionary authority as its sales agent to sell subject to certain parameters up to 1,500,000,000 shares of the common stock from time to time during the period ending on June 30, 2010 (or on completion of the sale). Completion of the sale under this authority occurred on June 30,
2010. On July 23, 2010, Treasury again gave Morgan Stanley discretionary authority as its sales agent to sell subject to certain parameters up to 1,500,000,000 shares of the common stock from time to time during the period ending on September 30, 2010 (or on completion of the sale). Completion of the sale under this authority occurred on
September 30, 2010. On October 19, 2010, Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority, as its sales agent, to sell subject to certain parameters up to 1,500,000,000 shares of common stock from time to time during the period ending on December 31, 2010 (or upon completion of the sale), which plan
was terminated on December 6, 2010. All such sales were generally made at the market price. On December 6, 2010, Treasury commenced an underwritten public offering of its remaining 2,417,407,607 shares. See "Capital Purchase Program - Citigroup, Inc., Common Stock Disposition" on following page for the actual number of shares sold by
Morgan Stanley, the weighted average price per share and the total proceeds to Treasury from all such sales during those periods.
24/ On 8/26/2010, Treasury completed the exchange of its $303,000,000 of Preferred Stock in Sterling Financial Corporation (Sterling) for a like amount of Mandatorily Convertible Preferred Stock (MCP), pursuant to the terms of the exchange agreement between Treasury and Sterling entered into on 4/29/2010. Since Sterling also fulfilled the
conversion conditions set forth in the Certificate of Designations for the MCP, including those related to its capital plan, Treasury’s $303,000,000 of MCP was subsequently, as of 8/26/2010, converted into 378,750,000 shares of common stock.
25/ As of the date of this report, the banking subsidiary of this institution has been placed in receivership and the subsidiary's assets and liabilities were ordered to be sold to another bank.
25a/ As of the date of this report, this institution has been placed in receivership and the assets and liabilities were ordered to be sold to another bank.
26/ On 9/30/2010, Treasury completed the sale of all Preferred Stock and Warrants issued by South Financial Group, Inc. to Toronto-Dominion Bank (TD) at an aggregate purchase price of $130,179,218.75 for the Preferred Stock and $400,000 for the Warrants, pursuant to the terms of the agreement between Treasury and TD entered into on
5/18/2010.
27/ On 6/30/2010, Treasury exchanged $46,400,000 of its Series A Preferred Stock in First Merchants Corporation for a like amount of non tax-deductible Trust Preferred Securities issued by First Merchants Capital Trust III.
28/ On 7/20/2010, Treasury completed the exchange of its $400,000,000 of Preferred Stock in First BanCorp for $424,174,000 of Mandatorily Convertible Preferred Stock (MCP), which is equivalent to the initial investment amount of $400,000,000, plus $24,174,000 of capitalized previously accrued and unpaid dividends. Subject to the fulfillment by
First BanCorp of certain conditions, including those related to its capital plan, the MCP may be converted to common stock. First BanCorp has agreed to have Treasury observers attend board of directors meetings.
29/ On 8/31/2010, following the completion of the conditions related to Pacific Capital Bancorp's (Pacific Capital) capital plan, Treasury exchanged its $180,634,000 of Preferred Stock in Pacific Capital for $195,045,000 of Mandatorily Convertible Preferred Stock (MCP), which is equivalent to the initial investment amount of $180,634,000, plus
$14,411,000 of capitalized previously accrued and unpaid dividends. On 9/27/2010, following the completion of the conversion conditions set forth in the Certificate of Designations for the MCP, all of Treasury’s MCP was converted into 360,833,250 shares of common stock of Pacific Capital. Pacific Capital has agreed to have Treasury observers
attend board of directors meetings.
30/ This institution qualified to participate in the Community Development Capital Initiative (CDCI), and has completed an exchange of its Capital Purchase Program investment for an investment under the terms of the CDCI program. See "Community Development Capital Initiative" below.
30a/ At the time of this institution’s exchange into the CDCI program, the warrant preferreds were included in the total amount of preferred stock exchanged for Treasury’s CDCI investment. Therefore this disposition amount does not represent cash proceeds to Treasury.
31/ On 9/30/2010, Treasury completed the exchange of its $80,347,000 of Preferred Stock in Hampton Roads Bankshares, Inc. (Hampton) for a like amount of Mandatorily Convertible Preferred Stock (MCP), pursuant to the terms of the exchange agreement between Treasury and Hampton entered into on 8/12/2010. Since Hampton also fulfilled
the conversion conditions set forth in the Certificate of Designations for the MCP, Treasury’s $80,347,000 of MCP was subsequently converted into 52,225,550 shares of common stock.
32/ On 9/30/2010, Treasury completed the sale of all Preferred Stock and Warrants issued by TIB Financial Corp. to North American Financial Holdings, Inc. (NAFH) at an aggregate purchase price of $12,119,637.37 for the Preferred Stock and $40,000 for the Warrants, pursuant to the terms of the agreement between Treasury and NAFH entered
into on 9/24/2010.
33/ Treasury entered into an agreement as of 10/29/2010 with Community Bancorp LLC for the sale of all Preferred Stock and Warrants issued by Cadence Financial Corporation to Treasury for an aggregate purchase price of (i) $38 million plus (ii) accrued and unpaid dividends through the date of the agreement. Completion of the sale is subject to
the fulfillment of certain closing conditions.
34/ On 12/3/2010, Treasury completed the sale of all Preferred Stock (including the Preferred Stock received upon the exercise of warrants) issued by The Bank of Currituck (“Currituck”) to Treasury for an aggregate purchase price of $1,742,850, pursuant to the terms of the agreement between Treasury and Currituck entered into on 11/5/2010.
35/ Treasury entered into an agreement on 1/28/2011 with North American Financial Holdings, Inc. for the sale of all Preferred Stock and Warrants issued by Capital Bank Corporation to Treasury for an aggregate purchase price of $41,279,000. Since the conditions to closing of the sale were satisfied, the closing of the sale also occurred on
1/28/2011.
36/ On 2/15/2011, Treasury completed the sale of all Preferred Stock (including the Preferred Stock received upon the exercise of warrants) issued by Treaty Oak Bancorp (“Treaty Oak”) to Treasury for (i) a cash payment of $500,000, (ii) the right to receive up to $150,000 in principal payments on a note payable by Carlile Bancshares, Inc. in favor of
Treaty Oak, and (iii) a newly issued warrant to purchase 3,098,341 shares of Treaty Oak common stock, pursuant to the terms of the agreement between Treasury and Treaty Oak entered into on 2/15/2011.
37/ On 2/18/11, Treasury completed the exchange of its $135,000,000 of Preferred Stock (including accrued and unpaid dividends thereon) in Central Pacific Financial Corp.for not less than 5,620,117 shares of common stock, pursuant to an exchange agreement dated 2/17/2011.
Page 1 of 1
CAPITAL PURCHASE PROGRAM - CITIGROUP, INC.
COMMON STOCK DISPOSITION
Date
4/26/2010 5/26/2010
5/26/2010 6/30/2010
7/23/2010 9/30/2010
10/19/2010 12/6/2010
Pricing Mechanism
6
Number of Shares
Proceeds
7
1
$4.1217
1,500,000,000
$
6,182,493,158
$3.8980
1,108,971,857
$
4,322,726,825
$3.9090
1,500,000,000
$
5,863,489,587
$4.2609
1,165,928,228
$
4,967,921,811
$4.3500
2,417,407,607
$
10,515,723,090
2
3
4
5
12/6/2010
Total Proceeds:
$31,852,354,471
1/ On April 26, 2010, Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority, as its sales agent, to sell subject to certain parameters up to 1,500,000,000 shares of common
stock from time to time during the period ending on June 30, 2010 (or upon completion of the sale). Completion of the sale under this authority occurred on May 26, 2010.
2/ On May 26, 2010, Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority, as its sales agent, to sell subject to certain parameters up to 1,500,000,000 shares of common
stock from time to time during the period ending on June 30, 2010 (or upon completion of the sale). Completion of the sale under this authority occurred on June 30, 2010.
3/ On July 23, 2010, Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority, as its sales agent, to sell subject to certain parameters up to 1,500,000,000 shares of common
stock from time to time during the period ending on September 30, 2010 (or upon completion of the sale). Completion of the sale under this authority occured on September 30, 2010.
4/ On October 19, 2010, Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority, as its sales agent, to sell subject to certain parameters up to 1,500,000,000 shares of
common stock from time to time during the period ending on December 31, 2010 (or upon completion of the sale), which plan was terminated on December 6, 2010.
5/ On December 6, 2010, Treasury commenced an underwritten public offering of its remaining 2,417,407,607 shares. Closing of the offering is subject to the fulfillment of certain closing conditions.
6/ The price set forth is the weighted average price for all sales of Citigroup, Inc. common stock made by Treasury over the course of the corresponding period.
7/ Amount represents the gross proceeds to Treasury.
Page 1 of 1
COMMUNITY DEVELOPMENT CAPITAL INITIATIVE
Seller
Footnote Purchase Date
1
1, 2
1, 2
1
1
2a
1
1
1
1
2a
1
1
1
1
1, 2
1
1, 2
1
1, 2
1, 2
1, 2
1, 2
1
1
1
1
1
1
1
7/30/2010
7/30/2010
8/6/2010
8/13/2010
8/13/2010
9/17/2010
8/13/2010
8/13/2010
8/13/2010
8/20/2010
9/24/2010
8/20/2010
8/27/2010
9/3/2010
9/3/2010
9/3/2010
9/10/2010
9/17/2010
9/17/2010
9/17/2010
9/17/2010
9/17/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/24/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
Name of Institution
Purchase Details
City
State
Guaranty Capital Corporation
University Financial Corp, Inc.
Southern Bancorp, Inc.
Premier Bancorp, Inc.
Citizens Bancshares Corporation
Belzoni
St. Paul
Arkadelphia
Wilmette
Atlanta
MS
MN
AR
IL
GA
PGB Holdings, Inc.
First American International Corp.
Tri-State Bank of Memphis
Mission Valley Bancorp
Chicago
Brooklyn
Memphis
Sun Valley
IL
NY
TN
CA
M&F Bancorp, Inc.
Carver Bancorp, Inc
Kilmichael Bancorp, Inc.
United Bancorporation of Alabama, Inc.
IBW Financial Corporation
IBC Bancorp, Inc.
CFBanc Corporation
American Bancorp of Illinois, Inc.
Hope Federal Credit Union
Genesee Co-op Federal Credit Union
First Eagle Bancshares, Inc.
Liberty Financial Services, Inc.
First Choice Bank
Bainbridge Bancshares, Inc.
Virginia Community Capital, Inc.
Lower East Side People's Federal Credit Union
Atlantic City Federal Credit Union
Neighborhood Trust Federal Credit Union
Gateway Community Federal Credit Union
Union Baptist Church Federal Credit Union
Buffalo Cooperative Federal Credit Union
Tulane-Loyola Federal Credit Union
Alternatives Federal Credit Union
Liberty County Teachers Federal Credit Union
UNO Federal Credit Union
Butte Federal Credit Union
Thurston Union of Low-Income People (TULIP) Cooperative Credit Union
Phenix Pride Federal Credit Union
Pyramid Federal Credit Union
Cooperative Center Federal Credit Union
Prince Kuhio Federal Credit Union
Community First Guam Federal Credit Union
Brewery Credit Union
Tongass Federal Credit Union
Santa Cruz Community Credit Union
Northeast Community Federal Credit Union
Fairfax County Federal Credit Union
Security Federal Corporation
Community Bank of the Bay
The First Bancshares, Inc.
BancPlus Corporation
First M&F Corporation
State Capital Corporation
Lafayette Bancorp, Inc.
PSB Financial Corporation
Community Bancshares of Mississippi, Inc.
First Vernon Bancshares, Inc.
Security Capital Corporation
BankAsiana
Durham
New York
Kilmichael
Atmore
Washington
Chicago
Washington
Oak Brook
Jackson
Rochester
Hanover Park
New Orleans
Cerritos
Bainbridge
Christiansburg
New York
Lander
New York
Missoula
Fort Wayne
Buffalo
New Orleans
Ithaca
Liberty
New Orleans
Biggs
Olympia
Phenix City
Tucson
Berkeley
Honolulu
Hagatna
Milwaukee
Ketchikan
Santa Cruz
San Francisco
Fairfax
Aiken
Oakland
Hattiesburg
Ridgeland
Kosciusko
Greenwood
Oxford
Many
Brandon
Vernon
Batesville
Palisades Park
NC
NY
MS
AL
DC
IL
DC
IL
MS
NY
IL
LA
CA
GA
VA
NY
WY
NY
MT
IN
NY
LA
NY
TX
LA
CA
WA
AL
AZ
CA
HI
GU
WI
AK
CA
CA
VA
SC
CA
MS
MS
MS
MS
MS
LA
MS
AL
MS
NJ
Amount from CPP
Investment Description
Subordinated Debentures
Subordinated Debentures
Preferred Stock
Subordinated Debentures
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Subordinated Debentures
Preferred Stock
Preferred Stock
Subordinated Debentures
Preferred Stock
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Preferred Stock
Preferred Stock
Preferred Stock
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
14,000,000
11,926,000
11,000,000
6,784,000
7,462,000
3,000,000
17,000,000
2,795,000
5,500,000
11,735,000
18,980,000
10,300,000
6,000,000
4,205,000
7,875,000
5,645,000
5,146,000
18,000,000
1,747,000
5,000,000
50,400,000
30,000,000
15,750,000
4,551,000
9,734,000
54,600,000
6,245,000
17,910,000
-
Disposition Details
Additional Investment
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
10,189,000
22,800,000
4,379,000
4,836,000
3,881,000
5,689,000
4,000,000
2,313,000
12,123,000
30,514,000
-
Investment Amount
$
$
$
$
14,000,000
22,115,000
33,800,000
6,784,000
$
$
$
$
11,841,000
3,000,000
17,000,000
2,795,000
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
10,336,000
11,735,000
18,980,000
3,154,000
10,300,000
6,000,000
8,086,000
5,781,000
5,457,000
4,520,000
300,000
7,875,000
11,334,000
5,146,000
3,372,000
1,915,000
898,000
2,500,000
283,000
1,657,000
10,000
145,000
424,000
2,234,000
435,000
743,000
1,000,000
75,000
153,000
2,500,000
2,799,000
273,000
2,650,000
1,096,000
1,600,000
2,828,000
350,000
8,044,000
22,000,000
4,060,000
17,123,000
80,914,000
30,000,000
15,750,000
4,551,000
9,734,000
54,600,000
6,245,000
17,910,000
5,250,000
Pricing
Mechanism
Date
Amount
Remaining Investment
Amount
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Page 1 of 2
Seller
Footnote Purchase Date
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/29/2010
9/30/2010
Name of Institution
The Magnolia State Corporation
Bancorp of Okolona, Inc.
Southern Chautauqua Federal Credit Union
Fidelis Federal Credit Union
Bethex Federal Credit Union
Shreveport Federal Credit Union
Carter Federal Credit Union
UNITEHERE Federal Credit Union
(Workers United Federal Credit Union)
North Side Community Federal Credit Union
East End Baptist Tabernacle Federal Credit Union
Community Plus Federal Credit Union
Border Federal Credit Union
Opportunities Credit Union
First Legacy Community Credit Union
Union Settlement Federal Credit Union
Southside Credit Union
D.C. Federal Credit Union
Faith Based Federal Credit Union
Greater Kinston Credit Union
Hill District Federal Credit Union
Freedom First Federal Credit Union
Episcopal Community Federal Credit Union
Vigo County Federal Credit Union
Renaissance Community Development Credit Union
Independent Employers Group Federal Credit Union
Brooklyn Cooperative Federal Credit Union
Purchase Details
City
State
Amount from CPP
Investment Description
Disposition Details
Additional Investment
Investment Amount
Bay Springs
Okolona
Lakewood
New York
Bronx
Shreveport
Springhill
MS
MS
NY
NY
NY
LA
LA
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
$
$
$
$
$
$
$
-
$
$
$
$
$
$
$
-
$
$
$
$
$
$
$
New York
NY
Subordinated Debentures
$
-
$
-
Chicago
Bridgeport
Rantoul
Del Rio
Burlington
Charlotte
New York
San Antonio
Washington
Oceanside
Kinston
Pittsburgh
Roanoke
Los Angeles
Terre Haute
Somerset
Hilo
Brooklyn
IL
CT
IL
TX
VT
NC
NY
TX
DC
CA
NC
PA
VA
CA
IN
NJ
HI
NY
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
Subordinated Debentures
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
-
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
-
Pricing
Mechanism
7,922,000
3,297,000
1,709,000
14,000
502,000
2,646,000
6,300,000
Par
Par
Par
Par
Par
Par
Par
$
57,000
Par
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
325,000
7,000
450,000
3,260,000
1,091,000
1,000,000
295,000
1,100,000
1,522,000
30,000
350,000
100,000
9,278,000
100,000
1,229,000
31,000
698,000
300,000
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Par
Total Purchase Amount $
570,073,000
Amount
Date
Total Capital Repayment Amount
TOTAL TREASURY COMMUNITY DEVELOPMENT INITIATIVE (CDCI) INVESTMENT AMOUNT
$
Remaining Investment
Amount
$0
570,073,000
1/ This institution qualified to participate in the Community Development Capital Initiative (CDCI), and has exchanged its Capital Purchase Program investment for an equivalent amount of investment with Treasury under the CDCI program terms.
2/ Treasury made an additional investment in this institution at the time it entered the CDCI program.
2a/ Treasury made an additional investment in this institution after the time it entered the CDCI program.
Page 2 of 2
AUTOMOTIVE INDUSTRY FINANCING PROGRAM
Exchange/Transfer/Other Details
Initial Investment
City, State
GMAC
(Ally)
Date
Transaction Type
12/29/2008
Purchase
Seller
GMAC
Description
Preferred Stock w/
Exercised Warrants
Pricing
Mechanism
Amount
$
5,000,000,000
Date
12/30/2009
Par
5/21/2009
Purchase
GMAC
Convertible Preferred Stock
w/ Exercised Warrants
12/30/2009
Purchase
GMAC
Convertible Preferred Stock
w/ Exercised Warrants
$
1,250,000,000
Par
12/30/2009
Purchase
GMAC
Trust Preferred Securities w/
$
Exercised Warrants
2,540,000,000
Par
$
884,024,131
Par
$
7,500,000,000
Par
22
22,
26
Type
Exchange for convertible
preferred stock
Pricing
Mechanism
Amount
$
5,000,000,000
N/A
12/30/2009
Partial conversion of preferred
$
stock for common stock
3,000,000,000
N/A
12/30/2010
Partial conversion of preferred
$
stock for common stock
5,500,000,000
N/A
884,024,131
N/A
Detroit, MI
12/29/2008
Purchase
12/31/2008
Purchase
4/22/2009
Purchase
General Motors
Corporation
General Motors
Corporation
General Motors
Corporation
Debt Obligation
Debt Obligation w/ Additional $ 13,400,000,000
Note
Debt Obligation w/ Additional
$ 2,000,000,000
Note
2
Par
Par
5/29/2009
7/10/2009
4
7/10/2009
Exchange for equity interest in
GMAC
Exchange for preferred and
common stock in New GM
Exchange for preferred and
common stock in New GM
$
$ 13,400,000,000
N/A
$
N/A
2,000,000,000
Obligor
GMAC
21, 22
GMAC
3, 26
Description
Amount/Equity %
Convertible
Preferred Stock
$ 5,937,500,000
General
Motors
6/3/2009
1/16/2009
Debt Obligation w/ Additional
$
Note
4,000,000,000
Par
5
7/10/2009
Exchange for preferred and
common stock in New GM
$
4,000,000,000
Purchase
Purchase
Purchase
General Motors
Corporation
General Motors
Corporation
Chrysler FinCo
Debt Obligation w/ Additional
$
Note
360,624,198
Debt Obligation w/ Additional
$ 30,100,000,000
Note
Debt Obligation w/ Additional
$
Note
1,500,000,000
Par
Par
Par
6
8
7/10/2009
Exchange for preferred and
common stock in New GM
$
360,624,198
7/10/2009
Exchange for preferred and
common stock in New GM
$ 22,041,706,310
N/A
7/10/2009
Transfer of debt to New GM
$
7,072,488,605
N/A
7/10/2009
Debt left at Old GM
$
985,805,085
N/A
4/29/2009
Chrysler Holding
Purchase
Chrysler Holding
Purchase
Chrysler Holding
5/1/2009
Purchase
Old Chrysler
5/20/2009
Purchase
Old Chrysler
4/29/2009
Auburn Hills,
MI
Purchase
5/27/2009
Purchase
New Chrysler
Debt Obligation w/ Additional
Note
Debt Obligation w/ Additional
Note
Debt Obligation w/ Additional
Note
Debt Obligation w/ Additional
Note
Debt Obligation w/ Additional
Note
$
4,000,000,000
$
-
7
General Motors
Company
10,
Preferred Stock
11, 24
$ 2,100,000,000
General Motors
Company
10,
Common Stock
11, 25
$
280,130,642
$
1,888,153,580
$
-
Debt Obligation w/ Additional
$
Note, Equity
Total Initial Investment
Amount
6,642,000,000
-
6/10/2009
Par
7
General Motors
Holdings LLC
11, 12 Debt Obligation
N/A
$
500,000,000
N/A
12/15/2010
Repayment
$
11/18/2010
Partial disposition 25
$
11,743,303,903 Common Stock
11/26/2010
Partial disposition 25
$
1,761,495,577 Common Stock
7/10/2009
Partial Repayment
$
360,624,198 Debt Obligation
$
6,711,864,407
$ 7,072,488,605
12/18/2009
Partial Repayment
$
1,000,000,000 Debt Obligation
$
5,711,864,407
1/21/2010
Partial Repayment
$
35,084,421 Debt Obligation
$
5,676,779,986
3/31/2010
Partial Repayment
$
1,000,000,000 Debt Obligation
$
4,676,779,986
4/20/2010
Repayment
$
4,676,779,986 None
$
0
3/17/2009
Partial repayment
$
1,496,500,945
4/17/2009
Partial repayment
$
1,464,690,823
5/18/2009
Partial repayment
$
1,413,554,739
6/17/2009
Partial repayment
$
1,369,197,029
7/14/2009
Repayment
7/14/2009
Repayment*
5/14/2010
Termination and
20
settlement payment
17
18
6/10/2009
Completion of bankruptcy
proceeding; transfer of
collateral security to liquidation
trust
Issuance of equity in New
Chrysler
$
$
(1,888,153,580)
-
N/A
7/10/2009
Repayment
N/A
9
Motors Liquidation
Company
Debt Obligation
19
Chrysler Holding
20
23
Old Carco
Liquidation Trust
Chrysler Group
LLC
Chrysler Group
LLC
23
19
$
0
36.9%
33.3%
985,805,085
Debt obligation w/
additional note
$ 3,500,000,000
Right to recover
proceeds
Debt obligation w/
additional note
Common equity
N/A
Proceeds from sale of
collateral
Proceeds from sale of
9/9/2010
collateral
Proceeds from sale of
12/29/2010
collateral
5/10/2010
$
$
$
Debt Obligation w/
3,499,055 Additional Note
Debt Obligation w/
31,810,122 Additional Note
Debt Obligation w/
51,136,084 Additional Note
Debt Obligation w/
44,357,710 Additional Note
Additional Note
$
0
$
1,369,197,029
$
15,000,000
None
-
$
1,900,000,000
None
-
$
280,130,642
None
$
30,544,528
$
$
Right to recover
proceeds
Right to recover
9,666,784
proceeds
Right to recover
7,844,409
proceeds
$
0
N/A
N/A
N/A
9.9%
Additional Note Proceeds *
$
$
$ 7,142,000,000
Total Payments
$ 81,344,932,551
Total Treasury Investment
Amount
$
9
15
4/30/2010
2,139,406,778 None
9
14
16
-
Transfer of debt to New
Chrysler
Remaining
Investment
Amount/Equity %
60.8%
13
Par
Remaining
Investment
Description
3
N/A
N/A
Amount/ Proceeds
7
Farmington
Hills, MI
1/2/2009
Chrysler
General Motors
Corporation
Type
73.8%
Common Stock
Detroit, MI
5/27/2009
Chrysler
FinCo
Purchase
Date
26
7
5/20/2009
Payment or Disposition1
Treasury Investment After Exchange/Transfer/Other
$
26,444,881,226
$
15,000,000
51,411,897,745
Footnotes appear on following page.
Page 1 of 2
As used in this table and its footnotes:
GMAC refers to GMAC Inc., formerly known as GMAC LLC., and now known as Ally Financial, Inc. ("Ally").
"Old GM" refers to General Motors Corporation, which is now known as Motors Liquidation Company.
"New GM" refers to General Motors Company, the company that purchased Old GM's assets on 7/10/2009 in a sale pursuant to section 363 of the Bankruptcy Code. See also footnote 11.
"Chrysler FinCo" refers to Chrysler Financial Services Americas LLC.
"Chrysler Holding" refers to CGI Holding LLC, the company formerly known as "Chrysler Holding LLC".
"Old Chrysler" refers to Old Carco LLC (fka Chrysler LLC).
"New Chrysler" refers to Chrysler Group LLC, the company that purchased Old Chrysler's assets on 6/10/2009 in a sale pursuant to section 363 of the Bankruptcy Code.
1. Payment amount does not include accrued and unpaid interest on a debt obligation, which must be paid at the time of principal repayment.
2. Treasury committed to lend General Motors Corporation up to $1,000,000,000. The ultimate 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.
3. Pursuant to its rights under the loan agreement with Old GM reported on 12/29/2008, Treasury exchanged its $884 million loan to Old GM for a portion of Old GM’s common equity interest in GMAC. Treasury held a 35.4% common equity interest in GMAC until the transactions reported on 12/30/2009. (See transactions marked by orange line in the table above and footnote 22.)
4. This transaction is an amendment to Treasury's 12/31/2008 agreement with Old GM (the "Old GM Loan"), which brought the total loan amount to $15,400,000,000.
5. This transaction was a further amendment to the Old GM Loan, which brought the total loan amount to $19,400,000,000.
6. This transaction was a further amendment to the Old GM Loan, which brought the total loan amount to $19,760,624,198. The $360,624,198 loan was used to capitalize GM Warranty LLC, a special purpose vehicle created by Old GM . On 7/10/2009, the principal amount was included in the $7.07 billion of debt assumed by the new GM, as explained in footnote 10.
7. On 7/10/2009, the principal amount outstanding under the Old GM Loan and interest accrued thereunder were extinguished and exchanged for privately placed preferred and common equity in New GM. (See green lines in the table above.)
8. Under the terms of the $33.3 billion debtor-in-possession credit agreement dated 6/3/2009 with Old GM (the "GM DIP Loan"), Treasury's commitment amount was $30.1 billion. The remaining $2.2 billion of the financing was provided by Canadian government entities. As of 7/09/2009, $30.1 billion of funds had been disbursed by Treasury.
9. On 7/10/2009, Treasury and Old GM amended the GM DIP Loan, and the principal amount and interest accrued thereunder were extinguished and exchanged for privately placed preferred and common equity in New GM, except for (i) $7.07 billion, which was assumed by New GM as a new obligation under the terms of a separate credit agreement between Treasury and New GM (see transactions marked by
green lines in table above) and (ii) $986 million, which remained a debt obligation of Old GM.
10. In total, for the exchange of the Old GM Loan and the GM DIP Loan (other than as explained in footnote 9), Treasury received $2.1 billion in preferred shares and 60.8% of the common shares of New GM. (See transactions marked by green lines in the table above.)
11. Pursuant to a corporate reorganization completed on or about 10/19/2009, the shareholders of New GM, including with respect to Treasury's preferred and common stock, became shareholders of General Motors Holding Company (the ultimate parent company of New GM), which was renamed "General Motors Company" on an equal basis to their shareholdings in New GM, and New GM was converted to
"General Motors LLC". General Motors LLC is a wholly owned subsidiary of General Motors Holdings LLC, and General Motors Holdings LLC is a wholly owned subsidiary of General Motors Company.
12. Pursuant to a corporate reorganization completed on 10/19/2009, Treasury's loan with New GM was assigned and assumed by General Motors Holdings LLC.
13. The loan was funded through Chrysler LB Receivables Trust, a special purpose vehicle created by Chrysler FinCo. The amount of $1,500,000,000 represents the maximum loan amount. The loan was incrementally funded until it reached the maximum amount of $1.5 billion on 4/9/2009.
14. This transaction was an amendment to Treasury's 1/2/2009 agreement with Chrysler Holding. As of 4/30/2009, Treasury's obligation to lend any funds committed under this amendment had terminated. No funds were disbursed.
15. The loan was used to capitalize Chrysler Warranty SPV LLC, a special purpose vehicle created by Old Chrysler.
16. This transaction was set forth in a credit agreement with Old Chrysler fully executed on 5/5/2009 following a term sheet executed on 5/1/2009 and made effective on 4/30/2009. Treasury's commitment was $3.04 billion of the total $4.1 billion debtor-in-possession credit facility (the "Chrysler DIP Loan"). As of 6/30/2009, Treasury's commitment to lend under the Chrysler DIP Loan had terminated. The remaining
principal amount reflects the final amount of funds disbursed under the Chrysler DIP Loan.
17. This transaction was an amendment to Treasury's commitment under the Chrysler DIP Loan, which increased Treasury's commitment by an amount $756,857,000 to a total of $3.8 billion under the Chrysler DIP Loan. As of 6/30/2009, Treasury's obligation to lend funds committed under the Chrysler DIP Loan had terminated.
18. This transaction, first reported based on a term sheet fully executed on 5/27/2009 for an amount up to $6.943 billion, was set forth in a credit agreement with New Chrysler fully executed on 6/10/2009. Under the terms of the credit agreement, Treasury made a new commitment to New Chrysler of up to $6.642 billion. The total loan amount is up to $7.142 billion including $500 million of debt assumed on
6/10/2009 from Chrysler Holding originally incurred under Treasury's 1/2/2009 credit agreement with Chrysler Holding. The debt obligations are secured by a first priority lien on the assets of New Chrysler. When the sale to new Chrysler was completed, Treasury acquired the rights to 9.85% of the common equity in new Chrysler.
19. Pursuant to the agreement explained in footnote 18, $500 million of this debt obligation was assumed by New Chrysler.
20. Under loan agreement, as amended on 7/23/2009, Treasury was entitled to proceeds Chrysler Holdco received from Chrysler FinCo equal to the greater of $1.375 billion or 40% of the equity value of Chrysler FinCo. Pursuant to a termination agreement dated 5/14/2010, Treasury agreed to accept a settlement payment of $1.9 billion as satisfaction in full of all existing debt obligations (including additional notes
and accrued and unpaid interest) of Chrysler Holdco, and upon receipt of such payment to terminate all such obligations.
21. Amount of the Treasury investment exchange includes the exercised warrants from Treasury's initial investments.
22. Under the terms of an agreement dated 12/30/2009, the convertible preferred shares will mandatorily convert to common stock under the conditions and the conversion price as set forth in the terms of the agreement.
23. On April 30, 2010, the Plan of Liquidation for the debtors of Old Chrysler approved by the respective bankruptcy court became effective (the “Liquidation Plan”). Under the Liquidation Plan, the loan Treasury had provided to Old Chrysler was extinguished without repayment, and all assets of Old Chrysler were transferred to a liquidation trust. Treasury retained the right to recover the proceeds from the liquidation
from time to time of the specified collateral security attached to such loan.
24. On October 27, 2010, Treasury accepted an offer by General Motors Company (GM) to repurchase all of the approximately $2.1 billion preferred stock at a price per share of $25.50, which is equal to 102% of the liquidation preference, subject to the closing of the proposed initial public offering of GM’s common stock. The repurchase was completed on 12/15/2010.
25. On 11/17/2010, Treasury agreed to sell 358,546,795 shares of common stock at $32.7525 per share (which represents the $33 public sale price less underwriting discounts and fees) pursuant to an underwriting agreement. Following settlement, the net proceeds to Treasury were $11,743,303,903. On 11/26/2010, the underwriters exercised their option to purchase an additional 53,782,019 shares of common
stock from Treasury at the same purchase price resulting in additional proceeds of $1,761,495,577. Treasury's aggregate net proceeds from the sale of common stock pursuant to the underwriting agreement total $13,504,799,480.
26. On 12/30/2010, Treasury converted $5,500,000,000 of the total convertible preferred stock then outstanding and held by Treasury (including exercised warrants) into 531,850 shares of common stock of Ally. Following this conversion, Treasury holds $5,937,500,000 of convertible preferred stock.
AUTOMOTIVE SUPPLIER SUPPORT PROGRAM
Seller
Footnote
Date
Name of Institution
City
Adjustment Details
State
Transaction Type
Investment
Description
Investment
Amount
Pricing Mechanism
Adjustment
Date
Adjustment
Amount
Payment or Disposition4
Adjusted or Final
Investment Amount
Type
Remaining Investment
Description
2/11/2010
Partial
repayment
Partial
repayment
Debt Obligation w/
Additional Note
Debt Obligation w/
Additional Note
3/4/2010
Repayment
4/5/2010
Payment
Date
11/20/2009
1
4/9/2009
GM Supplier Receivables LLC
Wilmington
DE
Purchase
Debt Obligation w/
$ 3,500,000,000
Additional Note
7/8/2009
3
$ (1,000,000,000) $
6
2
4/9/2009
Chrysler Receivables SPV LLC
INITIAL TOTAL
$
5,000,000,000
Wilmington
DE
Purchase
ADJUSTED TOTAL
Debt Obligation w/
$ 1,500,000,000
Additional Note
$
413,076,735
2,500,000,000
N/A
7/8/2009
$
290,000,000
3
$ (500,000,000) $
1,000,000,000
7
$
123,076,735
N/A
Total Repayments
$
413,076,735
Amount
$
140,000,000
$
100,000,000
Additional Note
$
50,000,000
None
$
56,541,893
Additional Note
$
123,076,735
None
$
44,533,054
Total Proceeds from Additional Notes
$
101,074,947
5
6
5
3/9/2010
Repayment
4/7/2010
Payment
7
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 credit agreement was fully executed on 4/9/2009, but was made effective as of 4/3/2009. General Motors Company assumed GM Supplier
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 credit agreement was fully executed on 4/9/2009, but was made effective as of 4/7/2009. Chrysler Group LLC assumed Chrysler Receivables SPV LLC on
3/ Treasury issued notice to the institution of the permanent reduced commitment on 7/8/2009; the reduction was effective on 7/1/2009.
4/ Does not include accrued and unpaid interest due on the amount of principal repayment, which interest must be paid at the time of principal repayment.
5/ All outstanding principal drawn under the credit agreement was repaid.
6/ Treasury's commitment was $2.5 billion (see note 3). As of 4/5/2010, Treasury's commitment to lend under the credit agreement had terminated and the borrower has paid its obligations with respect to the Additional Note. The final investment amount reflects the total funds disbursed under the loan, all of which have been repaid.
7/ Treasury's commitment was $1 billion (see note 3). As of 4/7/2010, Treasury's commitment to lend under the credit agreement had terminated and the borrower has paid its obligations with respect to the Additional Note. The final investment amount reflects the total funds disbursed under the loan, all of which have been repaid.
Page 2 of 2
TARGETED INVESTMENT PROGRAM
Seller
Footnote
1
Date
Name of Institution
12/31/2008 Citigroup Inc.
Bank of America
1/16/2009 Corporation
Treasury Investment Remaining After Capital
Repayment
Capital Repayment Details
City
State
Transaction
Type
New York
NY
Purchase
Charlotte
NC
Purchase
Investment Amount
Pricing
Mechanism
Capital
Repayment Date
Investment Description
Trust Preferred Securities
w/ Warrants
Preferred Stock w/
Warrants
$
20,000,000,000
Par
12/23/2009
$
20,000,000,000
Par
12/9/2009
TOTAL
$
Capital Repayment
Amount
2
Remaining
Capital Amount
Remaining Capital
Description
Final Disposition
Final
Disposition
Description
Final Disposition Date 3
Final Disposition
Proceeds
$
20,000,000,000
$
0
Warrants
1/25/2011
A
Warrants
$
190,386,428
$
20,000,000,000
$
0
Warrants
3/3/2010
A
Warrants
$
1,255,639,099
$
40,000,000,000
$
1,446,025,527
2
40,000,000,000
TOTAL CAPITAL REPAYMENT
TOTAL TREASURY TIP INVESTMENT AMOUNT
$
Total Warrant Proceeds
0
1/ Treasury made three separate investments in Citigroup Inc. ("Citigroup") under CPP, TIP, and AGP for a total of $49 billion. On 6/9/2009, Treasury entered into an agreement with Citigroup to exchange all of Treasury’s investments. On 7/30/2009, Treasury exchanged all of its Fixed Rate Cumulative Perpetual Preferred Stock,
Series I (TIP Shares) “dollar for dollar” for Trust Preferred Securities.
2/ Repayment pursuant to Title VII, Section 7001 of the American Recovery and Reinvestment Act of 2009.
3/ For final disposition of warrants, "R" represents proceeds from a repurchase of warrants by the financial institution, and "A" represents the proceeds to Treasury, before underwriting fees and selling expenses, from a sale by Treasury in a registered public offering of the warrants issued by the financial institution.
ASSET GUARANTEE PROGRAM
Initial Investment
Footnote
1
3
Date
Seller
Name of Institution
1/16/2009 Citigroup Inc.
12/23/2009 Citigroup Inc.
City
State
Type
New York
NY
Guarantee
New York
NY
Termination
Premium
Description
Master Agreement
Termination Agreement
TOTAL
Guarantee Limit
$
$
$
5,000,000,000
Description
Preferred Stock
w/ Warrants
Amount
$
Exchange/Transfer/Other Details
Footnote
Date
2
6/9/2009
4,034,000,000
4
9/29/2010
Type
Description
Exchange preferred stock for Trust Preferred
trust preferred securities
Securities w/ Warrants
Exchange trust preferred
securities for trust preferred
securities
Trust Preferred
Securities w/ Warrants
Payment or Disposition
Amount
Footnote
Date
Remaining Premium
Description
Trust Preferred
$ (1,800,000,000) Securities w/ Warrants
$2,234,000,000
$
0
$
0
$
4,034,000,000
3
Type
Partial cancellation for early
12/23/2009 termination of guarantee
$
2,246,000,000
5
9/30/2010 Disposition
$ 2,246,000,000
1/25/2011 Warrant Auction
$
Remaining
Premium
Amount
Warrants
67,197,045 None
(5,000,000,000)
0
Total Proceeds
$ 2,313,197,045
1/ In consideration for the guarantee, Treasury received $4.03 billion of preferred stock, which pays 8% interest.
2/ Treasury made three separate investments in Citigroup Inc. ("Citigroup") under CPP, TIP, and AGP for a total of $49 billion. On 6/9/2009, Treasury entered into an agreement with Citigroup to exchange all of Treasury’s investments. On 7/30/2009, Treasury exchanged all of its Fixed Rate Cumulative Perpetual Preferred Stock Series G (AGP Shares), received as premium with the AGP agreement, “dollar for dollar” for Trust Preferred
Securities.
3/ On 12/23/2009, Treasury entered into a Termination Agreement with the other parties to the Master Agreement which served to terminate Treasury’s guarantee and obligations under the Master Agreement. In connection with the early termination of the guarantee, Treasury agreed to cancel $1.8 billion of the AGP Trust Preferred Securities, and the Federal Deposit Insurance Corporation (FDIC) and Treasury agreed that, subject to the
conditions set out in the Termination Agreement, the FDIC may transfer $800 million of Trust Preferred Securities to Treasury at the close of Citigroup’s participation in the FDIC’s Temporary Liquidity Guarantee Program.
Page 1 of 1
AMERICAN INTERNATIONAL GROUP, INC. (AIG) INVESTMENT PROGRAM
(formerly referred to as Systemically Significant Failing Institutions Program)
Seller
Name of Institution
Purchase Details
City
Transaction
Type
State
Investment Description
Exchange/Transfer Details
Investment Amount
Pricing Mechanism
Note
Date
1
11/25/2008
AIG
New York
NY
Purchase
Preferred Stock w/ Warrants
(Series D)
$
40,000,000,000
Par
2, 3
4/17/2009
AIG
New York
NY
Purchase
Preferred Stock w/ Warrants
(Series F)
$
29,835,000,000
Par
2
Date
Transaction Type
4/17/2009
Exchange
Investment Description
Preferred Stock w/ Warrants
(Series E)
1
Amount
Pricing
Mechanism
$ 40,000,000,000
Par
See table below for exchange/transfer details in connection with the recapitalization conducted on 1/14/2011.
Final Disposition
TOTAL
$
Date
69,835,000,000
Proceeds
Transaction Type
Investment
Pricing
Mechanism
Warrants (Series E)
Warrants (Series F)
Total
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 to be paid from its operating income over the life of the facility. A $55 million payment was received by Treasury on 12/17/2010. Additional payments are scheduled to be made in accordance with the Amended and Restated Purchase Agreement, dated as of
AIG POST-RECAPITALIZATION
Recapitalization
Note
Date
4
1/14/2011
Investment Description
Preferred Stock (Series F)
Treasury Holdings Post-Recapitalization
Transaction Type
Pricing Mechanism
Investment Description
1/14/2011
1/14/2011
Preferred Stock (Series E)
Common Stock (non-TARP)
Date
Amount
Transaction Type
Pricing
Mechanism
Proceeds
Remaining Initial
Investment Amount
Exchange
Par
Preferred Stock (Series G)
$
2,000,000,000
N/A
AIA Preferred Units
$
16,916,603,568
2/14/2011
Payment
$
185,726,192
Par
$ 16,730,877,376
7
Exchange
ALICO Junior Preferred Interests
$
3,375,328,432
2/14/2011
Payment
$
2,009,932,072
Par
$ 1,365,396,360
7
Exchange
5
6
Final Disposition
Exchange
Transfer
167,623,733
N/A
Common Stock
924,546,133
562,868,096
Total
$
2,195,658,264
4/ On 1/14/2011, (A) Treasury exchanged $27,835,000,000 of Treasury's investment in AIG's Fixed Rate Non-Cumulative Perpetual Preferred Stock (Series F) which is equal to the amount funded (including amounts drawn at closing) under the Series F equity capital facility, for (i) the transferred SPV preferred interests and (ii) 167,623,733 shares of AIG
Common Stock, and (B) Treasury exchanged $2,000,000,000 of undrawn Series F for 20,000 shares of preferred stock under the new Series G Cumulative Mandatory Convertible Preferred Stock equity capital facility under which AIG has the right to draw up to $2,000,000,000.
5/ On 1/14/2011, Treasury exchanged an amount equivalent to the $40 billion initial investment plus capitalized interest from the April 2009 exchange (see note 1 above) of Fixed Rate Non-Cumulative Perpetual Preferred Stock (Series E) for 924,546,133 shares of AIG Common Stock.
6/ On 1/14/2011, Treasury received 562,868,096 shares of AIG Common Stock from the AIG Credit Facility Trust, which trust was established in connection with the credit facility between AIG and the Federal Reserve Bank of New York. This credit facility was repaid and terminated pursuant to this recapitalization transaction. The trust had received
562,868,096 shares of AIG common stock in exchange for AIG's Series C Perpetual, Convertible Participating Preferred Stock, which was previously held by the trust for the benefit of the U.S. Treasury.
7/ Remaining Initial Investment Amount does not reflect PIK interest accrued.
Page 1 of 1
CONSUMER AND BUSINESS LENDING INITIATIVE INVESTMENT PROGRAM
Seller
Footnote
Date
1
3/3/2009
Name of Institution
City
State
Transaction
Type
Investment Description
DE
Purchase
Debt Obligation w/ Additional Note
Investment Amount
Pricing Mechanism
Adjusted Investment
Date
Amount
2
TALF LLC
Wilmington
TOTAL
$
20,000,000,000
$
4,300,000,000
N/A
7/19/2010
$
4,300,000,000
1/ The loan was funded through TALF LLC, a special purpose vehicle created by The Federal Reserve Bank of New York ("FRBNY"). The amount of $20,000,000,000 represents the maximum loan amount. The loan will be incrementally funded.
2/ On 7/19/2010, Treasury, the FRBNY and TALF LLC entered into an amendment of the credit agreement previously entered into on 3/3/2009, which amendment reduced Treasury's maximum loan amount to $4,300,000,000.
Page 1 of 1
SMALL BUSINESS AND COMMUNITY LENDING INITIATIVE
SBA 7a Securities Purchase Program
Purchase Details 1
Date
3/19/2010
3/19/2010
3/19/2010
4/8/2010
4/8/2010
5/11/2010
5/11/2010
5/11/2010
5/25/2010
5/25/2010
6/17/2010
6/17/2010
7/14/2010
7/14/2010
7/14/2010
7/29/2010
7/29/2010
8/17/2010
8/17/2010
8/17/2010
8/31/2010
8/31/2010
8/31/2010
9/14/2010
9/14/2010
9/14/2010
9/14/2010
9/28/2010
9/28/2010
9/28/2010
9/28/2010
Investment Description
Floating Rate SBA 7a security due 2025
Floating Rate SBA 7a security due 2022
Floating Rate SBA 7a security due 2022
Floating Rate SBA 7a security due 2034
Floating Rate SBA 7a security due 2016
Floating Rate SBA 7a security due 2020
Floating Rate SBA 7a security due 2035
Floating Rate SBA 7a security due 2033
Floating Rate SBA 7a security due 2029
Floating Rate SBA 7a security due 2033
Floating Rate SBA 7a security due 2020
Floating Rate SBA 7a security due 2034
Floating Rate SBA 7a security due 2020
Floating Rate SBA 7a security due 2025
Floating Rate SBA 7a security due 2034
Floating Rate SBA 7a security due 2017
Floating Rate SBA 7a security due 2034
Floating Rate SBA 7a security due 2020
Floating Rate SBA 7a security due 2019
Floating Rate SBA 7a security due 2020
Floating Rate SBA 7a security due 2020
Floating Rate SBA 7a security due 2024
Floating Rate SBA 7a security due 2020
Floating Rate SBA 7a security due 2020
Floating Rate SBA 7a security due 2021
Floating Rate SBA 7a security due 2029
Floating Rate SBA 7a security due 2026
Floating Rate SBA 7a security due 2035
Floating Rate SBA 7a security due 2034
Floating Rate SBA 7a security due 2034
Floating Rate SBA 7a security due 2035
Total Purchase Face Amount
Settlement Details
Purchase Face
3
Amount
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
4,070,000
7,617,617
8,030,000
23,500,000
8,900,014
10,751,382
12,898,996
8,744,333
8,417,817
17,119,972
34,441,059
28,209,085
6,004,156
6,860,835
13,183,361
2,598,386
9,719,455
8,279,048
5,000,000
10,000,000
9,272,482
10,350,000
6,900,000
8,902,230
8,050,000
5,750,000
5,741,753
3,450,000
11,482,421
13,402,491
14,950,000
$
332,596,893
Investment Amount
Pricing Mechanism
TBA or
PMF3
Settlement Date
107.75
109
108.875
110.502
107.5
106.806
109.42
110.798
110.125
109.553
110.785
112.028
106.625
108.505
111.86
108.4375
106.75
110.198
110.088
110.821
110.515
112.476
105.875
111.584
110.759
106.5
110.5
110.875
113.838
113.9
114.006
-
3/24/2010
3/24/2010
3/24/2010
5/28/2010
4/30/2010
6/30/2010
6/30/2010
6/30/2010
7/30/2010
7/30/2010
8/30/2010
8/30/2010
9/30/2010
9/30/2010
9/30/2010
9/30/2010
10/29/2010
9/30/2010
10/29/2010
10/29/2010
9/29/2010
10/29/2010
11/30/2010
10/29/2010
11/30/2010
11/30/2010
11/30/2010
11/30/2010
12/30/2010
11/30/2010
12/30/2010
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
TOTAL INVESTMENT
AMOUNT
$
2, 3
4,377,249
8,279,156
8,716,265
26,041,643
9,598,523
11,511,052
14,151,229
9,717,173
9,294,363
18,801,712
38,273,995
31,693,810
6,416,804
7,462,726
14,789,302
2,826,678
10,394,984
9,150,989
5,520,652
11,115,031
10,277,319
11,672,766
7,319,688
9,962,039
8,940,780
6,134,172
6,361,173
3,834,428
13,109,070
15,308,612
17,092,069
368,145,452 *
TBA or
PMF3
-
Final Disposition
Senior Security
Proceeds 4
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Trade Date
Life-to-date
Principal Received
1
Current Face
Amount
Disposition Amount 5
2,184
4,130
4,348
12,983
4,783
5,741
7,057
4,844
4,635
9,377
19,077
15,801
3,200
3,722
7,373
1,408
5,187
4,561
2,752
5,541
5,123
5,820
3,652
4,966
4,458
3,061
3,172
1,912
6,535
7,632
8,521
Total Senior Security Proceeds $
183,555
Total Disposition
Proceeds
$
-
* Subject to adjustment
1/ The amortizing principal and interest payments are reported on the monthly Dividends and Interest Report available at www.FinancialStability.gov.
2/ Investment Amount is stated after giving effect to factor and, if applicable, the purchase of accrued principal and interest.
3/ If a purchase is listed as TBA, or To-Be-Announced, the underlying loans in the SBA Pool have yet to come to market, and the TBA pricing mechanism, purchase face amount, investment amount and senior security proceeds will be adjusted within the variance permitted under
the program terms. If a purchase is listed as PMF, or Prior-Month-Factor, the trade was made prior to the applicable month's factor being published and the SBA 7a security and senior security are priced according to the prior-month's factor. The PMF investment amount and senior
security proceeds will be adjusted after publication of the applicable month's factor (on or about the 11th business day of each month).
4/ In order to satisfy the requirements under Section 113 of the Emergency Economic Stabilization Act of 2008, Treasury will acquire a senior indebtedness instrument (a Senior Security) from the seller of each respective SBA 7a Security. Each Senior Security will (i) have an
aggregate principal amount equal to the product of (A) 0.05% and (B) the Investment Amount (excluding accrued interest) paid by Treasury for the respective SBA 7a Security, and (ii) at the option of the respective seller, may be redeemed at par value immediately upon issuance,
or remain outstanding with the terms and conditions as set forth in the Master Purchase Agreement.
5/ Disposition Amount is stated after giving effect, if applicable, to sale of accrued principal and interest.
Page 1 of 1
LEGACY SECURITIES PUBLIC-PRIVATE INVESTMENT PROGRAM (S-PPIP)
(Revised as of July 16, 2010)
Seller
Footnote
1
2
Date
Name of Institution
9/30/2009 UST/TCW Senior Mortgage Securities Fund, L.P.
9/30/2009 UST/TCW Senior Mortgage Securities Fund, L.P.
Adjusted Investment
City
Wilmington
Wilmington
Transaction
State
Type
DE
DE
Purchase
Purchase
1
9/30/2009 Invesco Legacy Securities Master Fund, L.P.
Wilmington
DE
Purchase
2
9/30/2009 Invesco Legacy Securities Master Fund, L.P.
Wilmington
DE
Purchase
1
10/1/2009 Wellington Management Legacy Securities PPIF Master Fund, LP
Wilmington
DE
Purchase
Investment Description
Membership Interest
Debt Obligation w/ Contingent Proceeds
Membership Interest
Debt Obligation w/ Contingent Proceeds
Membership Interest
Pricing
Investment Amount Mechanism
$
$
1,111,111,111
2,222,222,222
Par
Par
Date
1/4/2010
1/4/2010
Amount
4
4
$
$
$
1,111,111,111
Par
3/22/2010 6 $
$
2,222,222,222
Par
3/22/2010 6
$
1,111,111,111
Par
3
Final Investment Amount
Date
Amount
4 $
156,250,000
200,000,000
7
4 $
156,250,000
200,000,000
1,244,437,500
7/16/2010
$
856,000,000
$ 2,488,875,000
7/16/2010
$
1,712,000,000
3/22/2010 6 $
1,262,037,500
7/16/2010
$
1/15/2010
Investment After Capital Repayment
Repayment
Amount
$
156,250,000
Amount
$
1/11/2010
$
34,000,000
$
1/12/2010
$
166,000,000
$
2/18/2010
$
4,888,718
$
4/15/2010
9/15/2010
$
7,066,434
$
$
60,022,674
$
11/15/2010
$
132,928,628
$
12/14/2010
$
31,689,230
$
1/14/2010
$
27,355,590
$
2/14/2011
$
92,300,138
$
Description
0
Membership Interest
Distribution or Disposition
Date
5
Proceeds
5
Distribution
2/24/2010
Final Distribution
Debt Obligation w/
166,000,000 Contingent Proceeds
0
Description
1/29/2010
5
$
20,091,872
$
48,922
$
502,302
$
1,223
$
20,644,319
N/A
5
1/29/2010
Distribution
2/24/2010
Final Distribution
Contingent Proceeds
5
Debt Obligation w/
1,707,111,282 Contingent Proceeds
Debt Obligation w/
1,700,044,848 Contingent Proceeds
Debt Obligation w/
1,640,022,174 Contingent Proceeds
Debt Obligation w/
1,507,093,546 Contingent Proceeds
Debt Obligation w/
1,475,404,316 Contingent Proceeds
Debt Obligation w/
1,448,048,726 Contingent Proceeds
Debt Obligation w/
1,355,748,588 Contingent Proceeds
1,149,487,000
2
10/1/2009 Wellington Management Legacy Securities PPIF Master Fund, LP
Wilmington
DE
Purchase
Debt Obligation w/ Contingent Proceeds
$
2,222,222,222
Par
3/22/2010 6 $
2,524,075,000
7/16/2010
$
2,298,974,000
1
10/2/2009 AllianceBernstein Legacy Securities Master Fund, L.P.
Wilmington
DE
Purchase
Membership Interest
$
1,111,111,111
Par
3/22/2010 6 $
1,244,437,500
7/16/2010
$
1,150,423,500
2,300,847,000
2
10/2/2009 AllianceBernstein Legacy Securities Master Fund, L.P.
Wilmington
DE
Purchase
Debt Obligation w/ Contingent Proceeds
$
2,222,222,222
Par
3/22/2010 6 $
2,488,875,000
7/16/2010
$
1
10/2/2009 Blackrock PPIF, L.P.
Wilmington
DE
Purchase
Membership Interest
$
1,111,111,111
Par
3/22/2010 6 $
1,244,437,500
7/16/2010
$
694,980,000
2
10/2/2009 Blackrock PPIF, L.P.
Wilmington
DE
Purchase
Debt Obligation w/ Contingent Proceeds
$
2,222,222,222
Par
3/22/2010 6 $
2,488,875,000
7/16/2010
$
1,389,960,000
1
10/30/2009 AG GECC PPIF Master Fund, L.P.
Wilmington
DE
Purchase
Membership Interest
$
1,111,111,111
Par
3/22/2010 6 $
1,271,337,500
7/16/2010
$
1,243,275,000
2
10/30/2009 AG GECC PPIF Master Fund, L.P.
Wilmington
DE
Purchase
Debt Obligation w/ Contingent Proceeds
$
2,222,222,222
Par
3/22/2010 6 $
2,542,675,000
7/16/2010
$
2,486,550,000
1
11/4/2009 RLJ Western Asset Public/Private Master Fund, L.P.
Wilmington
DE
Purchase
Membership Interest
$
1,111,111,111
Par
3/22/2010 6 $
1,244,437,500
7/16/2010
$
620,578,258
2
11/4/2009 RLJ Western Asset Public/Private Master Fund, L.P.
Wilmington
DE
Purchase
Debt Obligation w/ Contingent Proceeds
$
2,222,222,222
Par
3/22/2010 6 $
2,488,875,000
7/16/2010
$
1,241,156,516
1
11/25/2009 Marathon Legacy Securities Public-Private Investment Partnership, L.P.
Wilmington
DE
Purchase
Membership Interest
$
1,111,111,111
Par
3/22/2010 6 $
1,244,437,500
7/16/2010
$
474,550,000
2
11/25/2009 Marathon Legacy Securities Public-Private Investment Partnership, L.P.
Wilmington
DE
Purchase
Debt Obligation w/ Contingent Proceeds
$
2,222,222,222
Par
3/22/2010 6 $
2,488,875,000
7/16/2010
$
949,100,000
1
12/18/2009 Oaktree PPIP Fund, L.P.
Wilmington
DE
Purchase
Membership Interest
$
1,111,111,111
Par
3/22/2010 6 $
1,244,437,500
7/16/2010
$
1,160,784,100
2
12/18/2009 Oaktree PPIP Fund, L.P.
Wilmington
DE
Purchase
Debt Obligation w/ Contingent Proceeds
$
2,222,222,222
Par
3/22/2010 6 $
2,488,875,000
7/16/2010
$
2,321,568,200
$
30,000,000,000
FINAL INVESTMENT AMOUNT
$
22,406,483,574
INITIAL INVESTMENT AMOUNT
Capital Repayment Details
Repayment
Date
TOTAL CAPITAL REPAYMENT AMOUNT $
712,501,412
TOTAL PROCEEDS
1/ The equity amount may be incrementally funded. Investment amount represents Treasury's maximum obligation if the limited partners other than Treasury fund their maximum equity capital obligations.
2/ The loan may be incrementally funded. Investment amount represents Treasury's maximum obligation if Treasury and the limited partners other than Treasury fund 100% of their maximum equity obligations.
3/ Adjusted to show Treasury's maximum obligations to a fund.
4/ On 1/4/2010, Treasury and the fund manager entered into a Winding-Up and Liquidation Agreement.
5/ Profit after capital repayments will be paid pro rata (subject to prior distribution of Contingent Proceeds to Treasury) to the fund's partners, including Treasury, in respect of their membership interests.
6/ Following termination of the TCW fund, the $3.33 billion of obligations have been reallocated to the remaining eight funds pursuant to consent letters from Treasury dated as of 3/22/2010. $133 million of maximum equity capital obligation and $267 million of maximum debt obligation were reallocated per fund, after adjustment for the $17.6 million and $26.9 million equity capital reallocations from private investors in the TCW fund to
the Wellington fund and the AG GECC fund, respectively. The $356 million of final investment in the TCW fund will remain a part of Treasury's total maximum S-PPIP investment amount.
7/ Amount adjusted to show Treasury's final capital commitment (membership interest) and the maximum amount of Treasury's debt obligation that may be drawn down in accordance with the Loan Agreement.
Page 1 of 1
HOME AFFORDABLE MODIFICATION PROGRAM
Servicer Modifying Borrowers' Loans
Name of Institution
Date
4/13/2009
4/13/2009
4/13/2009
Select Portfolio Servicing
CitiMortgage, Inc.
Wells Fargo Bank, NA
City
Salt Lake City
O'Fallon
Des Moines
State
Transaction
Type
UT
Purchase
MO
IA
Purchase
Purchase
Investment Description
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
376,000,000
2,071,000,000
2,873,000,000
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
6/12/2009
$
284,590,000
$
9/30/2009
$
121,910,000
$
12/30/2009
$
131,340,000
$
3/26/2010
$
(355,530,000) $
558,310,000 Updated portfolio data from servicer
7/14/2010
$
128,690,000
$
687,000,000 Updated portfolio data from servicer
9/30/2010
$
4,000,000
$
691,000,000 Initial FHA-HAMP cap and initial FHA-2LP cap
9/30/2010
$
59,807,784
$
750,807,784 Updated portfolio data from servicer
11/16/2010
$
12/15/2010
$
1/6/2011
(700,000) $
64,400,000
660,590,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
782,500,000 initial cap
Updated portfolio data from servicer & HAFA
913,840,000 initial cap
750,107,784 Transfer of cap due to servicing transfer
$
814,507,784 Updated portfolio data from servicer
$
(639) $
814,507,145 Updated portfolio data from servicer
1/13/2011
$
(2,300,000) $
2/16/2011
$
100,000
6/12/2009
$
(991,580,000) $
9/30/2009
$
12/30/2009
$
(105,410,000) $
3/26/2010
$
(199,300,000) $
4/19/2010
$
(230,000) $
5/14/2010
$
(3,000,000) $
6/16/2010
$
(12,280,000) $
7/14/2010
$
(757,680,000) $
7/16/2010
$
(7,110,000) $
8/13/2010
$
(6,300,000) $
9/15/2010
$
(8,300,000) $
1,011,700,000 Updated portfolio data from servicer
Transfer of cap to multiple servicers due to
1,004,590,000 servicing transfer
Transfer of cap to multiple servicers due to
998,290,000 servicing transfer
Transfer of cap to multiple servicers due to
989,990,000 servicing transfer
9/30/2010
$
32,400,000
$
1,022,390,000 Initial FHA-HAMP cap and initial FHA-2LP cap
9/30/2010
$
101,287,484
$
1,123,677,484 Updated portfolio data from servicer
10/15/2010
$
(1,400,000) $
1,122,277,484 Transfer of cap due to servicing transfer
11/16/2010
$
(3,200,000) $
1,119,077,484 Transfer of cap due to servicing transfer
1/6/2011
$
(981) $
1/13/2011
$
(10,500,000) $
1,108,576,503 Transfer of cap due to servicing transfer
2/16/2011
$
(4,600,000) $
1,103,976,503 Transfer of cap due to servicing transfer
6/17/2009
$
(462,990,000) $
1,010,180,000
$
$
812,207,145 Transfer of cap due to servicing transfer
812,307,145 Transfer of cap due to servicing transfer
1,079,420,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
2,089,600,000 initial cap
Updated portfolio data from servicer & HAFA
1,984,190,000 initial cap
Updated portfolio data from servicer & 2MP
1,784,890,000 initial cap
Transfer of cap to Service One, Inc. due to
1,784,660,000 servicing transfer
Transfer of cap to Specialized Loan Servicing,
1,781,660,000 LLC due to servicing transfer
Transfer of cap to multiple servicers due to
1,769,380,000 servicing transfer
1,119,076,503 Updated portfolio data from servicer
2,410,010,000 Updated portfolio data from servicer
Page 1 of 26
Servicer Modifying Borrowers' Loans
Date
4/13/2009
4/13/2009
Name of Institution
GMAC Mortgage, Inc.
Saxon Mortgage Services, Inc.
City
Ft. Washington
Irving
Transaction
State
Type
PA
TX
Purchase
Purchase
Investment Description
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
633,000,000
407,000,000
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
9/30/2009
$
65,070,000
$
12/30/2009
$
1,213,310,000
$
Updated portfolio data from servicer & HPDP
2,475,080,000 initial cap
Updated portfolio data from servicer & HAFA
3,688,390,000 initial cap
2/17/2010
$
2,050,236,344
$
5,738,626,344 Transfer of cap (from Wachovia) due to merger
3/12/2010
$
54,767
$
5,738,681,110 Transfer of cap (from Wachovia) due to merger
3/19/2010
$
668,108,890
$
6,406,790,000 Initial 2MP cap
3/26/2010
$
683,130,000
$
7,089,920,000 Updated portfolio data from servicer
7/14/2010
$
(2,038,220,000) $
5,051,700,000 Updated portfolio data from servicer
9/30/2010
$
(287,348,828) $
9/30/2010
$
344,000,000
$
4,764,351,172 Updated portfolio data from servicer
Initial FHA-HAMP cap, initial FHA-2LP cap,
5,108,351,172 and initial RD-HAMP
12/3/2010
$
8,413,225
$
5,116,764,397 Transfer of cap (from Wachovia) due to merger
12/15/2010
$
22,200,000
$
5,138,964,397 Updated portfolio data from servicer
1/6/2011
$
(6,312) $
5,138,958,085 Updated portfolio data from servicer
1/13/2011
$
(100,000) $
6/12/2009
$
384,650,000
$
9/30/2009
$
2,537,240,000
$
12/30/2009
$
(1,679,520,000) $
3/26/2010
$
190,180,000
$
5/14/2010
$
1,880,000
$
2,065,550,000 Updated portfolio data from servicer
Transfer of cap from Wilshire Credit
2,067,430,000 Corporation due to servicing transfer
7/14/2010
$
(881,530,000) $
1,185,900,000 Updated portfolio data from servicer
8/13/2010
$
(3,700,000) $
9/30/2010
$
119,200,000
$
1,182,200,000 Transfer of cap due to servicing transfer
Initial FHA-HAMP cap, initial FHA-2LP cap,
1,301,400,000 and initial 2MP cap
9/30/2010
$
216,998,139
$
1,518,398,139 Updated portfolio data from servicer
12/15/2010
$
(500,000) $
1,517,898,139 Updated portfolio data from servicer
1/6/2011
$
(1,734) $
1,517,896,405 Updated portfolio data from servicer
6/17/2009
$
225,040,000
$
9/30/2009
$
254,380,000
$
12/30/2009
$
355,710,000
$
3/26/2010
$
(57,720,000) $
6/16/2010
$
(156,050,000) $
7/14/2010
$
(513,660,000) $
7/16/2010
$
(22,980,000) $
9/15/2010
$
1,800,000
$
5,138,858,085 Transfer of cap due to servicing transfer
1,017,650,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
3,554,890,000 initial cap
Updated portfolio data from servicer & HAFA
1,875,370,000 initial cap
632,040,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
886,420,000 initial cap
Updated portfolio data from servicer & HAFA
1,242,130,000 initial cap
1,184,410,000 Updated portfolio data from servicer
Transfer of cap to Ocwen Financial
1,028,360,000 Corporation, Inc. due to servicing transfer
514,700,000 Updated portfolio data from servicer
Transfer of cap due to multiple servicing
491,720,000 transfers
493,520,000 Transfer of cap due to servicing transfer
Page 2 of 26
Servicer Modifying Borrowers' Loans
Date
Name of Institution
City
Transaction
State
Type
Investment Description
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
4/13/2009
Chase Home Finance, LLC
Iselin
NJ
Purchase
Financial Instrument for Home Loan Modifications
$
3,552,000,000
N/A
4/16/2009
Ocwen Financial Corporation, Inc.
West Palm Beach
FL
Purchase
Financial Instrument for Home Loan Modifications
$
659,000,000
N/A
4/17/2009 as Bank of America, N.A.
amended on
1/26/2010
4/17/2009 as Countrywide Home Loans Servicing LP
amended on
1/26/2010
Simi Valley
Simi Valley
CA
CA
Purchase
Purchase
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
$
$
798,900,000
1,864,000,000
N/A
N/A
2
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
9/30/2010
$
9,800,000
$
503,320,000 Initial FHA-HAMP cap and initial FHA-2LP cap
9/30/2010
$
116,222,668
$
619,542,668 Updated portfolio data from servicer
10/15/2010
$
100,000
$
619,642,668 Transfer of cap due to servicing transfer
12/15/2010
$
8,900,000
$
628,542,668 Updated portfolio data from servicer
1/6/2011
$
(556) $
628,542,112 Updated portfolio data from servicer
1/13/2011
$
2,300,000
7/31/2009
$
(3,552,000,000) $
6/12/2009
$
(105,620,000) $
9/30/2009
$
102,580,000
$
12/30/2009
$
277,640,000
$
3/26/2010
$
46,860,000
$
6/16/2010
$
156,050,000
$
7/14/2010
$
(191,610,000) $
7/16/2010
$
23,710,000
$
944,900,000 Updated portfolio data from servicer
Transfer of cap from Saxon Mortgage
968,610,000 Services, Inc. due to servicing transfer
9/15/2010
$
100,000
$
968,710,000 Initial FHA-HAMP cap
9/30/2010
$
3,742,740
$
972,452,740 Updated portfolio data from servicer
10/15/2010
$
170,800,000
$
1/6/2011
$
2/16/2011
$
900,000
$
1,144,151,720 Transfer of cap due to servicing transfer
6/12/2009
$
5,540,000
$
9/30/2009
$
162,680,000
$
12/30/2009
$
665,510,000
$
804,440,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
967,120,000 initial cap
Updated portfolio data from servicer & HAFA
1,632,630,000 initial cap
1/26/2010
$
800,390,000
$
2,433,020,000 Initial 2MP cap
3/26/2010
$
(829,370,000) $
1,603,650,000 Updated portfolio data from servicer
7/14/2010
$
(366,750,000) $
9/30/2010
$
95,300,000
$
1,236,900,000 Updated portfolio data from servicer
Initial FHA-HAMP cap, initial FHA-2LP cap,
1,332,200,000 and initial RD-HAMP
9/30/2010
$
222,941,084
$
1,555,141,084 Updated portfolio data from servicer
(2,199) $
1,555,138,885 Updated portfolio data from servicer
$
(1,020) $
630,842,112 Transfer of cap due to servicing transfer
- Termination of SPA
553,380,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
655,960,000 initial cap
Updated portfolio data from servicer & HAFA
933,600,000 initial cap
980,460,000 Updated portfolio data from servicer
Transfer of cap from Saxon Mortgage
1,136,510,000 Services, Inc. due to servicing transfer
1,143,252,740 Transfer of cap due to servicing transfer
1,143,251,720 Updated portfolio data from servicer
1/6/2011
$
6/12/2009
$
9/30/2009
$
12/30/2009
$
2,290,780,000
$
5,182,840,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
4,465,420,000 initial cap
Updated portfolio data from servicer & HAFA
6,756,200,000 initial cap
1/26/2010
$
450,100,000
$
7,206,300,000 Initial 2MP cap
3,318,840,000
$
(717,420,000) $
Page 3 of 26
Servicer Modifying Borrowers' Loans
Date
4/20/2009
4/20/2009
4/24/2009
Name of Institution
Home Loan Services, Inc.
Wilshire Credit Corporation
Green Tree Servicing LLC
City
Pittsburgh
Beaverton
Saint Paul
Transaction
State
Type
PA
OR
MN
Purchase
Purchase
Purchase
Investment Description
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
319,000,000
366,000,000
156,000,000
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
3/26/2010
$
905,010,000
$
4/19/2010
$
10,280,000
$
6/16/2010
$
286,510,000
$
7/14/2010
$
9/30/2010
$
105,500,000
9/30/2010
$
(614,527,362) $
6,111,772,638 Updated portfolio data from servicer
12/15/2010
$
236,000,000
$
6,347,772,638 Updated portfolio data from servicer
1/6/2011
$
(8,012) $
6,347,764,626 Updated portfolio data from servicer
2/16/2011
$
1,800,000
$
6/12/2009
$
128,300,000
$
9/30/2009
$
46,730,000
$
12/30/2009
$
145,820,000
$
3/26/2010
$
(17,440,000) $
622,410,000 Updated portfolio data from servicer
7/14/2010
$
(73,010,000) $
549,400,000 Updated portfolio data from servicer
9/30/2010
$
9/30/2010
$
(77,126,410) $
478,973,590 Updated portfolio data from servicer
12/15/2010
$
(314,900,000) $
164,073,590 Updated portfolio data from servicer
1/6/2011
$
(233) $
164,073,357 Updated portfolio data from servicer
2/16/2011
$
(1,900,000) $
162,173,357 Transfer of cap due to servicing transfer
6/12/2009
$
87,130,000
9/30/2009
$
(249,670,000) $
12/30/2009
$
119,700,000
$
453,130,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
203,460,000 initial cap
Updated portfolio data from servicer & HAFA
323,160,000 initial cap
3/26/2010
$
52,270,000
$
4/19/2010
$
(10,280,000) $
5/14/2010
$
(1,880,000) $
6/16/2010
$
(286,510,000) $
7/14/2010
$
7/16/2010
$
(210,000) $
96,300,000 Updated portfolio data from servicer
Transfer of cap to Green Tree Servicing LLC
96,090,000 due to servicing transfer
8/13/2010
$
(100,000) $
95,990,000 Transfer of cap due to servicing transfer
9/30/2010
$
1/6/2011
6/17/2009
(1,787,300,000) $
6,700,000
19,540,000
68,565,782
$
$
$
$
8,111,310,000 Updated portfolio data from servicer
Transfer of cap from Wilshire Credit
8,121,590,000 Corporation due to servicing transfer
Transfer of cap from Wilshire Credit
8,408,100,000 Corporation due to servicing transfer
6,620,800,000 Updated portfolio data from servicer
Initial FHA-HAMP cap, initial FHA-2LP cap,
6,726,300,000 and initial RD-HAMP
6,349,564,626 Transfer of cap due to servicing transfer
447,300,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
494,030,000 initial cap
Updated portfolio data from servicer & HAFA
639,850,000 initial cap
556,100,000 Initial FHA-2LP cap
375,430,000 Updated portfolio data from servicer
Transfer of cap to Countrywide Home Loans
365,150,000 due to servicing transfer
Transfer of cap to GMAC Mortgage, Inc. due to
363,270,000 servicing transfer
Transfer of cap to Countrywide Home Loans
76,760,000 due to servicing transfer
$
164,555,782 Updated portfolio data from servicer
$
(247) $
164,555,535 Updated portfolio data from servicer
$
(64,990,000) $
91,010,000 Updated portfolio data from servicer
Page 4 of 26
Servicer Modifying Borrowers' Loans
Date
4/27/2009
5/1/2009
5/28/2009
Name of Institution
Carrington Mortgage Services, LLC
Aurora Loan Services, LLC
Nationstar Mortgage LLC
City
Santa Ana
Littleton
Lewisville
Transaction
State
Type
CA
CO
TX
Purchase
Purchase
Purchase
Investment Description
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
195,000,000
798,000,000
101,000,000
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
130,780,000
Adjusted Cap
$
Reason for Adjustment
Updated portfolio data from servicer & HPDP
221,790,000 initial cap
Updated portfolio data from servicer & HAFA
105,040,000 initial cap
9/30/2009
$
12/30/2009
$
3/26/2010
$
13,080,000
$
118,120,000 Updated portfolio data from servicer
7/14/2010
$
(24,220,000) $
7/16/2010
$
210,000
$
93,900,000 Updated portfolio data from servicer
Transfer of cap from Wilshire Credit
94,110,000 Corporation due to servicing transfer
8/13/2010
$
2,200,000
$
96,310,000 Transfer of cap due to servicing transfer
9/10/2010
$
34,600,000
$
130,910,000 Initial 2MP cap
9/30/2010
$
5,600,000
$
136,510,000 Initial FHA-2LP cap and FHA-HAMP
9/30/2010
$
10,185,090
$
146,695,090 Updated portfolio data from servicer
10/15/2010
$
400,000
$
147,095,090 Transfer of cap due to servicing transfer
1/6/2011
$
(213) $
6/17/2009
$
(63,980,000) $
9/30/2009
$
90,990,000
$
12/30/2009
$
57,980,000
$
131,020,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
222,010,000 initial cap
Updated portfolio data from servicer & HAFA
279,990,000 initial cap
3/26/2010
$
74,520,000
$
354,510,000 Updated portfolio data from servicer
7/14/2010
$
(75,610,000) $
278,900,000 Updated portfolio data from servicer
8/13/2010
$
1,100,000
$
280,000,000 Transfer of cap due to servicing transfer
9/30/2010
$
3,763,685
$
283,763,685 Updated portfolio data from servicer
12/15/2010
$
300,000
$
284,063,685 Updated portfolio data from servicer
1/6/2011
$
(325) $
284,063,360 Updated portfolio data from servicer
1/13/2011
$
2,400,000
6/17/2009
$
(338,450,000) $
9/30/2009
$
(11,860,000) $
12/30/2009
$
21,330,000
$
459,550,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
447,690,000 initial cap
Updated portfolio data from servicer & HAFA
469,020,000 initial cap
3/26/2010
$
9,150,000
$
478,170,000 Updated portfolio data from servicer
7/14/2010
$
(76,870,000) $
401,300,000 Updated portfolio data from servicer
9/1/2010
$
400,000
9/30/2010
$
(8,454,269) $
393,245,731 Updated portfolio data from servicer
1/6/2011
$
(342) $
393,245,389 Updated portfolio data from servicer
6/12/2009
$
16,140,000
$
9/30/2009
$
134,560,000
$
12/30/2009
$
80,250,000
$
(116,750,000) $
$
$
147,094,877 Updated portfolio data from servicer
286,463,360 Transfer of cap due to servicing transfer
401,700,000 Initial FHA-HAMP cap
117,140,000 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
251,700,000 initial cap
Updated portfolio data from servicer & HAFA
331,950,000 initial cap
Page 5 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
6/12/2009
6/17/2009
6/17/2009
6/19/2009
Residential Credit Solutions
CCO Mortgage
RG Mortgage Corporation
First Federal Savings and Loan
City
Fort Worth
Glen Allen
San Juan
Port Angeles
Transaction
State
Type
TX
VA
PR
WA
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
19,400,000
16,520,000
57,000,000
770,000
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
3/26/2010
$
67,250,000
$
399,200,000 Updated portfolio data from servicer
7/14/2010
$
(85,900,000) $
313,300,000 Updated portfolio data from servicer
8/13/2010
$
100,000
$
9/30/2010
$
2,900,000
$
313,400,000 Transfer of cap due to servicing transfer
Initial FHA-HAMP cap, initial FHA-2LP cap,
316,300,000 initial RD-HAMP, and initial 2MP cap
9/30/2010
$
33,801,486
$
350,101,486 Updated portfolio data from servicer
11/16/2010
$
700,000
$
350,801,486 Transfer of cap due to servicing transfer
12/15/2010
$
1,700,000
$
352,501,486 Updated portfolio data from servicer
1/6/2011
$
(363) $
352,501,123 Updated portfolio data from servicer
2/16/2011
$
9/30/2009
$
12/30/2009
$
27,920,000
3/26/2010
$
(1,390,000) $
7/14/2010
$
(13,870,000) $
9/30/2010
$
400,000
$
30,200,000 Updated portfolio data from servicer
Initial FHA-HAMP cap, initial FHA-2LP cap,
30,600,000 and initial 2MP cap
9/30/2010
$
586,954
$
31,186,954 Updated portfolio data from servicer
1/6/2011
$
9/30/2009
$
13,070,000
$
12/30/2009
$
145,510,000
$
3/26/2010
$
(116,950,000) $
58,150,000 Updated portfolio data from servicer
7/14/2010
$
(23,350,000) $
34,800,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
(46) $
9/30/2009
$
(11,300,000) $
12/30/2009
$
(42,210,000) $
42,646,300 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
45,700,000 initial cap
Updated portfolio data from servicer & HAFA
3,490,000 initial cap
3/26/2010
$
65,640,000
$
69,130,000 Updated portfolio data from servicer
4/9/2010
$
(14,470,000) $
54,660,000 Updated portfolio data from servicer
7/14/2010
$
(8,860,000) $
45,800,000 Updated portfolio data from servicer
900,000
$
(1,860,000) $
$
(34) $
7,846,346
$
353,401,123 Transfer of cap due to servicing transfer
Updated portfolio data from servicer & HPDP
17,540,000 initial cap
Updated portfolio data from servicer & HAFA
45,460,000 initial cap
44,070,000 Updated portfolio data from servicer
31,186,920 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
29,590,000 initial cap
Updated portfolio data from servicer & HAFA
175,100,000 initial cap
42,646,346 Updated portfolio data from servicer
9/30/2010
$
(4,459,154) $
41,340,846 Updated portfolio data from servicer
12/15/2010
$
(4,300,000) $
37,040,846 Updated portfolio data from servicer
1/6/2011
$
(51) $
12/30/2009
$
2,020,000
$
37,040,795 Updated portfolio data from servicer
Updated portfolio data from servicer & HAFA
2,790,000 initial cap
3/26/2010
$
11,370,000
$
14,160,000 Updated portfolio data from servicer
Page 6 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
6/19/2009
6/26/2009
6/26/2009
6/26/2009
7/1/2009
Wescom Central Credit Union
Citizens First Wholesale Mortgage Company
Technology Credit Union
National City Bank
Wachovia Mortgage, FSB
City
Anaheim
The Villages
San Jose
Miamisburg
Des Moines
Transaction
State
Type
CA
FL
CA
OH
IA
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
$
540,000
30,000
70,000
294,980,000
634,010,000
N/A
N/A
N/A
N/A
N/A
3
7/1/2009
Bayview Loan Servicing, LLC
Coral Gables
FL
Purchase
Financial Instrument for Home Loan Modifications
$
44,260,000
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
5/26/2010
$
(14,160,000) $
9/30/2009
$
330,000
$
12/30/2009
$
16,490,000
$
3/26/2010
$
(14,260,000) $
3,100,000 Updated portfolio data from servicer
7/14/2010
$
(1,800,000) $
1,300,000 Updated portfolio data from servicer
7/30/2010
$
1,500,000
$
2,800,000 Updated portfolio data from servicer
9/30/2010
$
1,551,668
$
4,351,668 Updated portfolio data from servicer
1/6/2011
$
(2) $
9/30/2009
$
(10,000) $
12/30/2009
$
590,000
3/26/2010
$
(580,000) $
7/14/2010
$
70,000
$
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
$
(145,056) $
- Termination of SPA
Updated portfolio data from servicer & HPDP
870,000 initial cap
Updated portfolio data from servicer & HAFA
17,360,000 initial cap
4,351,666 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
20,000 initial cap
Updated portfolio data from servicer & HAFA
610,000 initial cap
30,000 Updated portfolio data from servicer
2/17/2011
$
12/30/2009
$
3/26/2010
$
(720,000) $
1,530,000 Updated portfolio data from servicer
7/14/2010
$
(430,000) $
1,100,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
9/30/2009
$
315,170,000
$
12/30/2009
$
90,280,000
$
3/26/2010
$
(18,690,000) $
7/14/2010
$
(272,640,000) $
9/30/2010
$
80,600,000
$
409,100,000 Updated portfolio data from servicer
Initial FHA-HAMP cap, Initial FHA-2LP cap,
489,700,000 and initial 2MP cap
9/30/2010
$
71,230,004
$
560,930,004 Updated portfolio data from servicer
1/6/2011
$
(828) $
560,929,176 Updated portfolio data from servicer
2/16/2011
$
2,180,000
60,445
$
$
(1) $
200,000
$
9/30/2009
$
723,880,000
$
12/30/2009
$
692,640,000
$
2/17/2010
$
(2,050,236,344) $
3/12/2010
$
(54,767) $
9/30/2009
$
23,850,000
$
- Termination of SPA
Updated portfolio data from servicer & HAFA
2,250,000 initial cap
1,160,445 Updated portfolio data from servicer
1,160,444 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
610,150,000 initial cap
Updated portfolio data from servicer & HAFA
700,430,000 initial cap
681,740,000 Updated portfolio data from servicer
561,129,176 Transfer of cap due to servicing transfer
Updated portfolio data from servicer & HPDP
1,357,890,000 initial cap
Updated portfolio data from servicer & HAFA
2,050,530,000 initial cap
Transfer of cap (to Wells Fargo Bank) due to
293,656 merger
Transfer of cap (to Wells Fargo Bank) due to
238,890 merger
Updated portfolio data from servicer & HPDP
68,110,000 initial cap
Page 7 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
7/10/2009
7/10/2009
7/17/2009
7/17/2009
Lake National Bank
IBM Southeast Employees' Federal Credit Union
MorEquity, Inc.
PNC Bank, National Association
City
Mentor
Delray Beach
Evansville
Pittsburgh
Transaction
State
Type
OH
FL
IN
PA
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
100,000
870,000
23,480,000
54,470,000
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
12/30/2009
$
43,590,000
$
Updated portfolio data from servicer & HAFA
111,700,000 initial cap
3/26/2010
$
34,540,000
$
146,240,000 Updated portfolio data from servicer
5/7/2010
$
1,010,000
$
147,250,000 Initial 2MP cap
7/14/2010
$
(34,250,000) $
9/30/2010
$
600,000
9/30/2010
$
(15,252,303) $
1/6/2011
$
(70) $
9/30/2009
$
150,000
$
12/30/2009
$
130,000
$
3/26/2010
$
50,000
$
430,000 Updated portfolio data from servicer
7/14/2010
$
(30,000) $
400,000 Updated portfolio data from servicer
9/30/2010
$
35,167
435,167 Updated portfolio data from servicer
1/6/2011
$
$
$
(1) $
(10,000) $
113,000,000 Updated portfolio data from servicer
113,600,000 Initial FHA-2LP cap
98,347,697 Updated portfolio data from servicer
98,347,627 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
250,000 initial cap
Updated portfolio data from servicer & HAFA
380,000 initial cap
435,166 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
860,000 initial cap
Updated portfolio data from servicer & HAFA
1,110,000 initial cap
9/30/2009
$
12/30/2009
$
250,000
3/26/2010
$
(10,000) $
1,100,000 Updated portfolio data from servicer
7/14/2010
$
(400,000) $
700,000 Updated portfolio data from servicer
9/30/2010
$
170,334
870,334 Updated portfolio data from servicer
1/6/2011
$
9/30/2009
$
18,530,000
$
12/30/2009
$
24,510,000
$
870,333 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
42,010,000 initial cap
Updated portfolio data from servicer & HAFA
66,520,000 initial cap
3/26/2010
$
18,360,000
$
84,880,000 Updated portfolio data from servicer
7/14/2010
$
(22,580,000) $
62,300,000 Updated portfolio data from servicer
9/30/2010
$
(8,194,261) $
54,105,739 Updated portfolio data from servicer
1/6/2011
$
(37) $
9/30/2009
$
(36,240,000) $
12/30/2009
$
19,280,000
$
54,105,702 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
18,230,000 initial cap
Updated portfolio data from servicer & HAFA
37,510,000 initial cap
3/26/2010
$
2,470,000
$
39,980,000 Updated portfolio data from servicer
7/14/2010
$
(17,180,000) $
22,800,000 Updated portfolio data from servicer
9/30/2010
$
35,500,000
$
58,300,000 Initial FHA-2LP cap and initial 2MP cap
9/30/2010
$
23,076,191
$
81,376,191 Updated portfolio data from servicer
1/6/2011
$
(123) $
81,376,068 Updated portfolio data from servicer
$
$
(1) $
Page 8 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
7/17/2009
7/17/2009
7/22/2009
7/22/2009
7/22/2009
7/29/2009
Farmers State Bank
ShoreBank
American Home Mortgage Servicing, Inc
Mortgage Center, LLC
Mission Federal Credit Union
First Bank
City
West Salem
Chicago
Coppell
Southfield
San Diego
St. Louis
Transaction
State
Type
OH
IL
TX
MI
CA
MO
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
$
$
170,000
1,410,000
1,272,490,000
4,210,000
860,000
6,460,000
N/A
N/A
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
9/30/2009
$
(90,000) $
12/30/2009
$
50,000
$
Updated portfolio data from servicer & HPDP
80,000 initial cap
Updated portfolio data from servicer & HAFA
130,000 initial cap
3/26/2010
$
100,000
$
230,000 Updated portfolio data from servicer
7/14/2010
$
(130,000) $
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
$
9/30/2009
$
890,000
$
12/30/2009
$
1,260,000
$
3/26/2010
$
(20,000) $
3,540,000 Updated portfolio data from servicer
7/14/2010
$
(240,000) $
3,300,000 Updated portfolio data from servicer
9/30/2010
$
471,446
3,771,446 Updated portfolio data from servicer
1/6/2011
$
(3) $
9/30/2009
$
(53,670,000) $
12/30/2009
$
250,450,000
$
3,771,443 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
1,218,820,000 initial cap
Updated portfolio data from servicer & HAFA
1,469,270,000 initial cap
3/26/2010
$
124,820,000
$
1,594,090,000 Updated portfolio data from servicer
7/14/2010
$
(289,990,000) $
1,304,100,000 Updated portfolio data from servicer
9/30/2010
$
1,690,508
$
1,305,790,508 Updated portfolio data from servicer
10/15/2010
$
300,000
$
1,306,090,508 Transfer of cap due to servicing transfer
11/16/2010
$
(100,000) $
1,305,990,508 Transfer of cap due to servicing transfer
1/6/2011
$
(1,173) $
2/16/2011
$
(500,000) $
9/30/2009
$
1,780,000
$
12/30/2009
$
2,840,000
$
3/26/2010
$
2,800,000
$
11,630,000 Updated portfolio data from servicer
7/14/2010
$
(5,730,000) $
5,900,000 Updated portfolio data from servicer
9/30/2010
$
2,658,280
8,558,280 Updated portfolio data from servicer
1/6/2011
$
(12) $
9/30/2009
$
(490,000) $
12/30/2009
$
6,750,000
3/26/2010
$
(6,340,000) $
780,000 Updated portfolio data from servicer
7/14/2010
$
(180,000) $
600,000 Updated portfolio data from servicer
9/30/2010
$
125,278
9/30/2009
$
$
$
$
$
(1,530,000) $
145,056 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
2,300,000 initial cap
Updated portfolio data from servicer & HAFA
3,560,000 initial cap
1,305,989,335 Updated portfolio data from servicer
1,305,489,335 Transfer of cap due to servicing transfer
Updated portfolio data from servicer & HPDP
5,990,000 initial cap
Updated portfolio data from servicer & HAFA
8,830,000 initial cap
8,558,268 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
370,000 initial cap
Updated portfolio data from servicer & HAFA
7,120,000 initial cap
725,278 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
4,930,000 initial cap
Page 9 of 26
Servicer Modifying Borrowers' Loans
Date
7/29/2009
7/29/2009
7/31/2009
7/31/2009
Name of Institution
Purdue Employees Federal Credit Union
Wachovia Bank, N.A.
J.P.Morgan Chase Bank, NA
EMC Mortgage Corporation
City
West Lafayette
Charlotte
Lewisville
Lewisville
Transaction
State
Type
IN
NC
TX
TX
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
1,090,000
85,020,000
2,699,720,000
707,380,000
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
12/30/2009
$
680,000
$
Updated portfolio data from servicer & HAFA
5,610,000 initial cap
3/26/2010
$
2,460,000
$
8,070,000 Updated portfolio data from servicer
7/14/2010
$
(2,470,000) $
5,600,000 Updated portfolio data from servicer
9/30/2010
$
2,523,114
8,123,114 Updated portfolio data from servicer
1/6/2011
$
(2) $
9/30/2009
$
(60,000) $
12/30/2009
$
1,260,000
$
8,123,112 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
1,030,000 initial cap
Updated portfolio data from servicer & HAFA
2,290,000 initial cap
3/26/2010
$
2,070,000
$
4,360,000 Updated portfolio data from servicer
7/14/2010
$
(3,960,000) $
400,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
(1) $
9/30/2009
$
(37,700,000) $
12/30/2009
$
26,160,000
$
580,221 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
47,320,000 initial cap
Updated portfolio data from servicer & HAFA
73,480,000 initial cap
3/26/2010
$
9,820,000
$
83,300,000 Updated portfolio data from servicer
7/14/2010
$
(46,200,000) $
37,100,000 Updated portfolio data from servicer
9/30/2010
$
(28,686,775) $
8,413,225 Updated portfolio data from servicer
12/3/2010
$
(8,413,225) $
9/30/2009
$
(14,850,000) $
12/30/2009
$
1,178,180,000
$
3/26/2010
$
1,006,580,000
$
7/14/2010
$
(1,934,230,000) $
9/30/2010
$
72,400,000
$
2,935,400,000 Updated portfolio data from servicer
Initial FHA-HAMP cap, Initial FHA-2LP cap,
3,007,800,000 and initial RD-HAMP
9/30/2010
$
215,625,536
$
3,223,425,536 Updated portfolio data from servicer
1/6/2011
$
(3,636) $
9/30/2009
$
(10,000) $
12/30/2009
$
502,430,000
3/26/2010
$
(134,560,000) $
7/14/2010
$
(392,140,000) $
7/16/2010
$
(630,000) $
9/30/2010
$
13,100,000
9/30/2010
$
(8,006,457) $
10/15/2010
$
(100,000) $
180,222
$
$
$
$
580,222 Updated portfolio data from servicer
- Termination of SPA
Updated portfolio data from servicer & HPDP
2,684,870,000 initial cap
Updated portfolio data from servicer & HAFA
3,863,050,000 initial cap
Updated portfolio data from servicer & 2MP
4,869,630,000 initial cap
3,223,421,900 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
707,370,000 initial cap
Updated portfolio data from servicer & HAFA
1,209,800,000 initial cap
Updated portfolio data from servicer & 2MP
1,075,240,000 initial cap
683,100,000 Updated portfolio data from servicer
Transfer of cap to Saxon Mortgage Services,
682,470,000 Inc.
695,570,000 Initial FHA-HAMP cap and initial FHA-2LP cap
687,563,543 Updated portfolio data from servicer
687,463,543 Transfer of cap due to servicing transfer
Page 10 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
8/5/2009
8/5/2009
8/5/2009
8/12/2009
Lake City Bank
Oakland Municipal Credit Union
HomEq Servicing
Litton Loan Servicing LP
City
Warsaw
Oakland
North Highlands
Houston
Transaction
State
Type
IN
CA
CA
TX
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
420,000
140,000
674,000,000
774,900,000
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
12/15/2010
$
(4,400,000) $
683,063,543 Updated portfolio data from servicer
1/6/2011
$
(802) $
683,062,741 Updated portfolio data from servicer
2/16/2011
$
(900,000) $
9/30/2009
$
12/30/2009
$
3/26/2010
$
20,000
$
270,000 Updated portfolio data from servicer
7/14/2010
$
(70,000) $
200,000 Updated portfolio data from servicer
9/30/2010
$
90,111
$
9/30/2009
$
290,000
$
12/30/2009
$
210,000
$
290,111 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
430,000 initial cap
Updated portfolio data from servicer & HAFA
640,000 initial cap
3/26/2010
$
170,000
$
810,000 Updated portfolio data from servicer
7/14/2010
$
(10,000) $
800,000 Updated portfolio data from servicer
9/30/2010
$
(74,722) $
725,278 Updated portfolio data from servicer
180,000
$
(350,000) $
682,162,741 Transfer of cap due to servicing transfer
Updated portfolio data from servicer & HPDP
600,000 initial cap
Updated portfolio data from servicer & HAFA
250,000 initial cap
1/6/2011
$
(1) $
9/30/2009
$
(121,190,000) $
12/30/2009
$
(36,290,000) $
725,277 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
552,810,000 initial cap
Updated portfolio data from servicer & HAFA
516,520,000 initial cap
3/26/2010
$
199,320,000
$
715,840,000 Updated portfolio data from servicer
7/14/2010
$
(189,040,000) $
526,800,000 Updated portfolio data from servicer
9/30/2010
$
10/15/2010
$
(170,800,000) $
12/15/2010
$
(22,200,000) $
372,426,728 Updated portfolio data from servicer
1/6/2011
$
(549) $
372,426,179 Updated portfolio data from servicer
2/16/2011
$
(900,000) $
9/30/2009
$
313,050,000
$
12/30/2009
$
275,370,000
$
371,526,179 Transfer of cap due to servicing transfer
Updated portfolio data from servicer & HPDP
1,087,950,000 initial cap
Updated portfolio data from servicer & HAFA
1,363,320,000 initial cap
3/26/2010
$
278,910,000
$
1,642,230,000 Updated portfolio data from servicer
7/14/2010
$
(474,730,000) $
1,167,500,000 Updated portfolio data from servicer
8/13/2010
$
(700,000) $
1,166,800,000 Transfer of cap to due to servicing transfer
9/15/2010
$
(1,000,000) $
1,165,800,000 Transfer of cap to due to servicing transfer
9/30/2010
$
(115,017,236) $
10/15/2010
$
(800,000) $
1,049,982,764 Transfer of cap due to servicing transfer
12/15/2010
$
800,000
1,050,782,764 Updated portfolio data from servicer
38,626,728
$
$
565,426,728 Updated portfolio data from servicer
394,626,728 Transfer of cap due to servicing transfer
1,050,782,764 Updated portfolio data from servicer
Page 11 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
8/12/2009
8/12/2009
8/28/2009
PennyMac Loan Services, LLC
Servis One, Inc.
OneWest Bank
City
Calasbasa
Titusville
Pasadena
Transaction
State
Type
CA
PA
CA
Purchase
Purchase
Purchase
Investment Description
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
6,210,000
29,730,000
668,440,000
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
1/6/2011
$
(1,286) $
9/30/2009
$
(1,200,000) $
12/30/2009
$
30,800,000
$
3/26/2010
$
23,200,000
$
6/16/2010
$
2,710,000
$
7/14/2010
$
7/16/2010
$
6,680,000
$
43,700,000 Updated portfolio data from servicer
Transfer of cap from CitiMortgage, Inc. due to
50,380,000 servicing transfer
8/13/2010
$
2,600,000
$
52,980,000 Transfer of cap to due to servicing transfer
9/15/2010
$
(100,000) $
52,880,000 Transfer of cap to due to servicing transfer
9/30/2010
$
200,000
53,080,000 Initial FHA-HAMP cap and 2MP initial cap
9/30/2010
$
(1,423,197) $
51,656,803 Updated portfolio data from servicer
11/16/2010
$
1,400,000
53,056,803 Transfer of cap due to servicing transfer
12/15/2010
$
(18,020,000) $
$
$
1,050,781,478 Updated portfolio data from servicer
Updated portfolio data from servicer & HPDP
5,010,000 initial cap
Updated portfolio data from servicer & HAFA
35,810,000 initial cap
59,010,000 Updated portfolio data from servicer
Transfer of cap from CitiMortgage, Inc. due to
61,720,000 servicing transfer
(100,000) $
52,956,803 Updated portfolio data from servicer
(72) $
52,956,731 Updated portfolio data from servicer
1/6/2011
$
1/13/2011
$
2/16/2011
$
(100,000) $
9/30/2009
$
(25,510,000) $
12/30/2009
$
520,000
$
3/26/2010
$
4,330,000
$
4/19/2010
$
230,000
$
5/19/2010
$
850,000
$
7/14/2010
$
(850,000) $
9,300,000 Updated portfolio data from servicer
9/15/2010
$
100,000
$
9,400,000 Transfer of cap to due to servicing transfer
9/30/2010
$
100,000
$
9,500,000 Initial FHA-HAMP cap
9/30/2010
$
16,755,064
$
26,255,064 Updated portfolio data from servicer
10/15/2010
$
100,000
$
26,355,064 Transfer of cap due to servicing transfer
12/15/2010
$
100,000
$
26,455,064 Updated portfolio data from servicer
(40) $
26,455,024 Updated portfolio data from servicer
4,100,000
$
57,056,731 Transfer of cap due to servicing transfer
56,956,731 Transfer of cap due to servicing transfer
Updated portfolio data from servicer & HPDP
4,220,000 initial cap
Updated portfolio data from servicer & HAFA
4,740,000 initial cap
9,070,000 Updated portfolio data from servicer
Transfer of cap from CitiMortgage, Inc. due to
9,300,000 servicing transfer
10,150,000 Initial 2MP cap
1/6/2011
$
1/13/2011
$
300,000
$
26,755,024 Transfer of cap due to servicing transfer
2/16/2011
$
100,000
$
26,855,024 Transfer of cap due to servicing transfer
10/2/2009
$
145,800,000
$
12/30/2009
$
1,355,930,000
$
814,240,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
2,170,170,000 initial cap
Page 12 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
8/28/2009
8/28/2009
9/2/2009
Stanford Federal Credit Union
RoundPoint Mortgage Servicing Corporation
Horicon Bank
9/2/2009 as Vantium Capital, Inc.dba Acqura Loan Services
amended on
8/27/2010
City
Palo Alto
Charlotte
Horicon
Plano
Transaction
State
Type
CA
NC
WI
TX
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
300,000
570,000
560,000
6,000,000
N/A
N/A
N/A
N/A
10
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
3/26/2010
$
121,180,000
$
2,291,350,000 Updated portfolio data from servicer
7/14/2010
$
(408,850,000) $
1,882,500,000 Updated portfolio data from servicer
9/30/2010
$
5,500,000
9/30/2010
$
(51,741,163) $
1,836,258,837 Updated portfolio data from servicer
1/6/2011
$
(2,282) $
1,836,256,555 Updated portfolio data from servicer
10/2/2009
$
70,000
$
12/30/2009
$
2,680,000
$
370,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
3,050,000 initial cap
3/26/2010
$
350,000
$
3,400,000 Updated portfolio data from servicer
7/14/2010
$
(1,900,000) $
1,500,000 Updated portfolio data from servicer
9/30/2010
$
(1,209,889) $
290,111 Updated portfolio data from servicer
10/2/2009
$
130,000
12/30/2009
$
3/26/2010
$
2,110,000
$
2,500,000 Updated portfolio data from servicer
7/14/2010
$
8,300,000
$
10,800,000 Updated portfolio data from servicer
9/30/2010
$
5,301,172
$
16,101,172 Updated portfolio data from servicer
1/6/2011
$
(22) $
16,101,150 Updated portfolio data from servicer
10/2/2009
$
130,000
$
12/30/2009
$
1,040,000
$
3/26/2010
$
(1,680,000) $
5/12/2010
$
1,260,000
$
1,310,000 Updated portfolio data from servicer
7/14/2010
$
(1,110,000) $
200,000 Updated portfolio data from servicer
9/30/2010
$
9/30/2010
$
10/2/2009
$
12/30/2009
$
3/26/2010
$
410,000
$
4,330,000 Updated portfolio data from servicer
7/14/2010
$
(730,000) $
3,600,000 Updated portfolio data from servicer
9/15/2010
$
4,700,000
$
8,300,000 Transfer of cap due to servicing transfer
9/30/2010
$
117,764
$
8,417,764 Updated portfolio data from servicer
11/16/2010
$
800,000
$
9,217,764 Transfer of cap due to servicing transfer
12/15/2010
$
2,700,000
$
11,917,764 Updated portfolio data from servicer
1/6/2011
$
(17) $
11,917,747 Updated portfolio data from servicer
$
$
(310,000) $
100,000
$
(9,889) $
1,310,000
$
(3,390,000) $
1,888,000,000 2MP initial cap
700,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
390,000 initial cap
690,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
1,730,000 initial cap
50,000 Updated portfolio data from servicer
300,000 Initial RD-HAMP
290,111 Updated portfolio data from servicer
7,310,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
3,920,000 initial cap
Page 13 of 26
Servicer Modifying Borrowers' Loans
Date
9/9/2009
9/9/2009
9/9/2009
9/11/2009
9/11/2009
9/11/2009
Name of Institution
Central Florida Educators Federal Credit Union
U.S. Bank National Association
CUC Mortgage Corporation
ORNL Federal Credit Union
Allstate Mortgage Loans & Investments, Inc.
Metropolitan National Bank
City
Lake Mary
Owensboro
Albany
Oak Ridge
Ocala
Little Rock
Transaction
State
Type
FL
KY
NY
TN
FL
AR
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
$
$
1,250,000
114,220,000
4,350,000
2,070,000
250,000
280,000
N/A
N/A
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
1/13/2011
$
700,000
$
12,617,747 Transfer of cap due to servicing transfer
2/16/2011
$
1,800,000
$
14,417,747 Transfer of cap due to servicing transfer
10/2/2009
$
280,000
$
12/30/2009
$
(750,000) $
3/26/2010
$
120,000
$
900,000 Updated portfolio data from servicer
7/14/2010
$
(300,000) $
600,000 Updated portfolio data from servicer
9/30/2010
$
270,334
$
870,334 Updated portfolio data from servicer
1/6/2011
$
(1) $
870,333 Updated portfolio data from servicer
10/2/2009
$
24,920,000
$
12/30/2009
$
49,410,000
$
139,140,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
188,550,000 initial cap
3/26/2010
$
41,830,000
$
230,380,000 Updated portfolio data from servicer
7/14/2010
$
(85,780,000) $
144,600,000 Updated portfolio data from servicer
9/30/2010
$
36,574,444
$
181,174,444 Updated portfolio data from servicer
(160) $
181,174,284 Updated portfolio data from servicer
1,530,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
780,000 initial cap
1/6/2011
$
10/2/2009
$
950,000
$
12/30/2009
$
5,700,000
$
5,300,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
11,000,000 initial cap
3/26/2010
$
740,000
$
11,740,000 Updated portfolio data from servicer
7/14/2010
$
(1,440,000) $
10,300,000 Updated portfolio data from servicer
9/30/2010
$
(6,673,610) $
3,626,390 Updated portfolio data from servicer
1/6/2011
$
(5) $
3,626,385 Updated portfolio data from servicer
10/2/2009
$
460,000
$
12/30/2009
$
2,730,000
$
3/26/2010
$
13,280,000
$
18,540,000 Updated portfolio data from servicer
7/14/2010
$
(13,540,000) $
5,000,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
10/2/2009
$
12/30/2009
$
(80,000) $
310,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
230,000 initial cap
3/26/2010
$
280,000
$
510,000 Updated portfolio data from servicer
7/14/2010
$
(410,000) $
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
10/2/2009
$
70,000
$
350,000 HPDP initial cap
1,817,613
2,530,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
5,260,000 initial cap
$
6,817,613 Updated portfolio data from servicer
(10) $
6,817,603 Updated portfolio data from servicer
60,000
$
Page 14 of 26
Servicer Modifying Borrowers' Loans
Date
9/11/2009
9/16/2009
9/23/2009
9/23/2009
9/23/2009
Name of Institution
Franklin Credit Management Corporation
Bay Federal Credit Union
AMS Servicing, LLC
Schools Financial Credit Union
Glass City Federal Credit Union
City
Jersey City
Capitola
Buffalo
Sacramento
Maumee
Transaction
State
Type
NJ
CA
NY
CA
OH
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
$
27,510,000
410,000
4,390,000
390,000
230,000
N/A
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
Updated portfolio data from servicer & HAFA
970,000 initial cap
12/30/2009
$
620,000
$
3/26/2010
$
100,000
$
1,070,000 Updated portfolio data from servicer
7/14/2010
$
(670,000) $
400,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
35,167
$
435,167 Updated portfolio data from servicer
$
(1) $
435,166 Updated portfolio data from servicer
1/26/2011
$
(435,166) $
10/2/2009
$
12/30/2009
$
(19,750,000) $
3/26/2010
$
(4,780,000) $
8,990,000 Updated portfolio data from servicer
7/14/2010
$
(2,390,000) $
6,600,000 Updated portfolio data from servicer
9/30/2010
$
2,973,670
$
9,573,670 Updated portfolio data from servicer
1/6/2011
$
(3) $
9,573,667 Updated portfolio data from servicer
2/16/2011
$
(1,800,000) $
6,010,000
$
- Termination of SPA
33,520,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
13,770,000 initial cap
7,773,667 Transfer of cap due to servicing transfer
10/2/2009
$
90,000
$
12/30/2009
$
1,460,000
$
500,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
1,960,000 initial cap
3/26/2010
$
160,000
$
2,120,000 Updated portfolio data from servicer
7/14/2010
$
(120,000) $
2,000,000 Updated portfolio data from servicer
9/30/2010
$
(1,419,778) $
580,222 Updated portfolio data from servicer
1/6/2011
$
(1) $
580,221 Updated portfolio data from servicer
10/2/2009
$
960,000
12/30/2009
$
(3,090,000) $
3/26/2010
$
230,000
$
2,490,000 Updated portfolio data from servicer
7/14/2010
$
5,310,000
$
7,800,000 Updated portfolio data from servicer
9/30/2010
$
323,114
$
8,123,114 Updated portfolio data from servicer
1/6/2011
$
(12) $
8,123,102 Updated portfolio data from servicer
10/2/2009
$
90,000
$
12/30/2009
$
940,000
$
3/26/2010
$
(980,000) $
440,000 Updated portfolio data from servicer
7/14/2010
$
(140,000) $
300,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
10/2/2009
$
1,150,556
$
5,350,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
2,260,000 initial cap
480,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
1,420,000 initial cap
$
1,450,556 Updated portfolio data from servicer
(2) $
1,450,554 Updated portfolio data from servicer
60,000
$
290,000 HPDP initial cap
Page 15 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
9/23/2009
9/23/2009
9/25/2009
Central Jersey Federal Credit Union
Yadkin Valley Bank
SEFCU
10/14/2009 Great Lakes Credit Union
10/14/2009 Mortgage Clearing Corporation
10/21/2009 United Bank Mortgage Corporation
City
Woodbridge
Elkin
Albany
North Chicago
Tulsa
Grand Rapids
Transaction
State
Type
NJ
NC
NY
IL
OK
MI
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
$
$
30,000
240,000
440,000
570,000
4,860,000
410,000
N/A
N/A
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
12/30/2009
$
(10,000) $
Updated portfolio data from servicer & HAFA
280,000 initial cap
3/26/2010
$
130,000
$
410,000 Updated portfolio data from servicer
7/14/2010
$
(110,000) $
300,000 Updated portfolio data from servicer
9/30/2010
$
(9,889) $
290,111 Updated portfolio data from servicer
10/2/2009
$
10,000
$
12/30/2009
$
120,000
$
40,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
160,000 initial cap
3/26/2010
$
10,000
$
170,000 Updated portfolio data from servicer
7/14/2010
$
(70,000) $
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
145,056 Updated portfolio data from servicer
10/29/2010
$
10/2/2009
$
60,000
$
12/30/2009
$
350,000
$
3/26/2010
$
1,360,000
$
2,010,000 Updated portfolio data from servicer
7/14/2010
$
(1,810,000) $
200,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
10/2/2009
$
100,000
$
12/30/2009
$
20,000
$
3/26/2010
$
(290,000) $
270,000 Updated portfolio data from servicer
7/14/2010
$
(70,000) $
200,000 Updated portfolio data from servicer
9/30/2010
$
(54,944) $
12/30/2009
$
3/26/2010
$
(880,000) $
720,000 Updated portfolio data from servicer
7/14/2010
$
(320,000) $
400,000 Updated portfolio data from servicer
9/30/2010
$
180,222
580,222 Updated portfolio data from servicer
1/6/2011
$
(1) $
12/30/2009
$
(2,900,000) $
3/26/2010
$
(1,600,000) $
360,000 Updated portfolio data from servicer
7/14/2010
$
(260,000) $
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
1/22/2010
$
20,000
$
430,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
400,000
$
830,000 Updated portfolio data from servicer
$
(145,056) $
235,167
- Termination of SPA
300,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
650,000 initial cap
$
435,167 Updated portfolio data from servicer
(1) $
435,166 Updated portfolio data from servicer
1,030,000
$
$
540,000 HPDP initial cap
Updated portfolio data from servicer & HAFA
560,000 initial cap
145,056 Updated portfolio data from servicer
Updated portfolio data from servicer & HAFA
1,600,000 initial cap
580,221 Updated portfolio data from servicer
Updated portfolio data from servicer & HAFA
1,960,000 initial cap
Page 16 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
10/23/2009 Bank United
10/23/2009 IC Federal Credit Union
City
Miami Lakes
Fitchburg
Transaction
State
Type
FL
MA
Purchase
Purchase
Investment Description
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
93,660,000
760,000
N/A
N/A
10/28/2009 Harleysville National Bank & Trust Company
Harleysville
PA
Purchase
Financial Instrument for Home Loan Modifications
$
1,070,000
N/A
10/28/2009 Members Mortgage Company, Inc
Woburn
MA
Purchase
Financial Instrument for Home Loan Modifications
$
510,000
N/A
10/30/2009 DuPage Credit Union
Naperville
IL
Purchase
Financial Instrument for Home Loan Modifications
$
70,000
N/A
11/6/2009
Los Alamos National Bank
11/18/2009 Quantum Servicing Corporation
Los Alamos
Tampa
NM
FL
Purchase
Purchase
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
$
$
700,000
18,960,000
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
7/14/2010
$
(430,000) $
400,000 Updated portfolio data from servicer
9/30/2010
$
180,222
$
580,222 Updated portfolio data from servicer
1/6/2011
$
(1) $
580,221 Updated portfolio data from servicer
1/22/2010
$
4,370,000
$
3/26/2010
$
23,880,000
$
121,910,000 Updated portfolio data from servicer
7/14/2010
$
(16,610,000) $
105,300,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
1/22/2010
$
3/26/2010
$
5/12/2010
$
7/14/2010
1,751,033
98,030,000 Updated HPDP cap & HAFA initial cap
$
107,051,033 Updated portfolio data from servicer
(77) $
107,050,956 Updated portfolio data from servicer
40,000
$
(760,000) $
2,630,000
800,000 Updated HPDP cap & HAFA initial cap
40,000 Updated portfolio data from servicer
$
2,670,000 Updated portfolio data from servicer
$
(770,000) $
1,900,000 Updated portfolio data from servicer
9/30/2010
$
565,945
$
2,465,945 Updated portfolio data from servicer
1/6/2011
$
(4) $
2,465,941 Updated portfolio data from servicer
4/21/2010
$
(1,070,000) $
- Termination of SPA
4/21/2010
$
(510,000) $
- Termination of SPA
1/22/2010
$
10,000
$
80,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
10,000
$
90,000 Updated portfolio data from servicer
7/14/2010
$
10,000
$
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
1/22/2010
$
40,000
$
740,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
50,000
$
790,000 Updated portfolio data from servicer
7/14/2010
$
1,310,000
$
2,100,000 Updated portfolio data from servicer
9/30/2010
$
75,834
$
2,175,834 Updated portfolio data from servicer
1/6/2011
$
(3) $
2,175,831 Updated portfolio data from servicer
1/22/2010
$
890,000
$
19,850,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
3,840,000
$
23,690,000 Updated portfolio data from servicer
7/14/2010
$
(2,890,000) $
20,800,000 Updated portfolio data from servicer
9/30/2010
$
9,661,676
$
30,461,676 Updated portfolio data from servicer
1/6/2011
$
(46) $
30,461,630 Updated portfolio data from servicer
1/13/2011
$
1,600,000
$
32,061,630 Transfer of cap due to servicing transfer
2/16/2011
$
1,400,000
$
33,461,630 Transfer of cap due to servicing transfer
Page 17 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
11/18/2009 Hillsdale County National Bank
11/18/2009 QLending, Inc.
11/25/2009 Marix Servicing, LLC
City
Hillsdale
Coral Gables
Phoenix
Transaction
State
Type
MI
FL
AZ
Purchase
Purchase
Purchase
Investment Description
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
1,670,000
20,000
20,360,000
N/A
N/A
N/A
11/25/2009 Home Financing Center, Inc
Coral Gables
FL
Purchase
Financial Instrument for Home Loan Modifications
$
230,000
N/A
11/25/2009 First Keystone Bank
Media
PA
Purchase
Financial Instrument for Home Loan Modifications
$
1,280,000
N/A
12/4/2009
12/4/2009
Community Bank & Trust Company
Idaho Housing and Finance Association
Clarks Summit
Boise
PA
ID
Purchase
Purchase
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
$
$
380,000
9,430,000
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
1/22/2010
$
80,000
$
1,750,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
330,000
$
2,080,000 Updated portfolio data from servicer
7/14/2010
$
(1,080,000) $
1,000,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
1/22/2010
$
3/26/2010
$
(10,000) $
7/14/2010
$
90,000
$
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
1/22/2010
$
950,000
$
21,310,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
(17,880,000) $
6/16/2010
$
1,030,000
7/14/2010
$
(1,160,000) $
8/13/2010
$
800,000
$
4,100,000 Transfer of cap due to servicing transfer
9/30/2010
$
200,000
$
4,300,000 Initial FHA-HAMP cap and initial RD-HAMP
9/30/2010
$
1,357,168
$
5,657,168 Updated portfolio data from servicer
1/6/2011
$
(1) $
5,657,167 Updated portfolio data from servicer
4/21/2010
$
(230,000) $
1/22/2010
$
50,000
$
1,330,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
1,020,000
$
2,350,000 Updated portfolio data from servicer
7/14/2010
$
(950,000) $
1,400,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
1/22/2010
$
10,000
$
390,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
520,000
$
910,000 Updated portfolio data from servicer
7/14/2010
$
(810,000) $
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
1/22/2010
$
440,000
$
9,870,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
14,480,000
$
24,350,000 Updated portfolio data from servicer
5/26/2010
$
(24,200,000) $
150,000 Updated portfolio data from servicer
7/14/2010
$
150,000
$
300,000 Updated portfolio data from servicer
9/30/2010
$
(9,889) $
290,111 Updated portfolio data from servicer
160,445
$
1,160,445 Updated portfolio data from servicer
(1) $
1,160,444 Updated portfolio data from servicer
-
50,556
$
$
20,000 Updated HPDP cap & HAFA initial cap
10,000 Updated portfolio data from servicer
3,430,000 Updated portfolio data from servicer
Transfer of cap from CitiMortgage, Inc. due to
4,460,000 servicing transfer
3,300,000 Updated portfolio data from servicer
- Termination of SPA
$
1,450,556 Updated portfolio data from servicer
(2) $
1,450,554 Updated portfolio data from servicer
Page 18 of 26
Servicer Modifying Borrowers' Loans
Date
12/9/2009
12/9/2009
12/9/2009
12/9/2009
12/9/2009
12/9/2009
Name of Institution
Spirit of Alaska Federal Credit Union
American Eagle Federal Credit Union
Silver State Schools Credit Union
Fidelity Homestead Savings Bank
Bay Gulf Credit Union
The Golden 1 Credit Union
City
Fairbanks
East Hartford
Las Vegas
New Orleans
Tampa
Sacramento
Transaction
State
Type
AK
CT
NV
LA
FL
CA
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
$
$
360,000
1,590,000
1,880,000
2,940,000
230,000
6,160,000
N/A
N/A
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
1/22/2010
$
10,000
$
3/26/2010
$
850,000
$
1,220,000 Updated portfolio data from servicer
7/14/2010
$
(120,000) $
1,100,000 Updated portfolio data from servicer
9/30/2010
$
100,000
$
1,200,000 Initial FHA-HAMP cap
9/30/2010
$
105,500
$
1,305,500 Updated portfolio data from servicer
1/6/2011
$
(2) $
1,305,498 Updated portfolio data from servicer
2/17/2011
$
(1,305,498) $
1/22/2010
$
70,000
3/26/2010
$
(290,000) $
1,370,000 Updated portfolio data from servicer
7/14/2010
$
(570,000) $
800,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
1/22/2010
$
90,000
$
1,970,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
1,110,000
$
3,080,000 Updated portfolio data from servicer
7/14/2010
$
(1,180,000) $
1,900,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
1/22/2010
$
140,000
$
3,080,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
6,300,000
$
9,380,000 Updated portfolio data from servicer
7/14/2010
$
(1,980,000) $
7,400,000 Updated portfolio data from servicer
9/30/2010
$
(6,384,611) $
1,015,389 Updated portfolio data from servicer
1/6/2011
$
(1) $
1,015,388 Updated portfolio data from servicer
1/22/2010
$
10,000
$
240,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
440,000
$
680,000 Updated portfolio data from servicer
7/14/2010
$
(80,000) $
600,000 Updated portfolio data from servicer
9/30/2010
$
(19,778) $
580,222 Updated portfolio data from servicer
10/15/2010
$
(580,222) $
1/22/2010
$
290,000
$
6,450,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
40,000
$
6,490,000 Updated portfolio data from servicer
7/14/2010
$
(2,890,000) $
3,600,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
70,334
$
370,000 Updated HPDP cap & HAFA initial cap
- Termination of SPA
1,660,000 Updated HPDP cap & HAFA initial cap
$
870,334 Updated portfolio data from servicer
(1) $
870,333 Updated portfolio data from servicer
275,834
$
2,175,834 Updated portfolio data from servicer
(2) $
2,175,832 Updated portfolio data from servicer
606,612
- Termination of SPA
$
4,206,612 Updated portfolio data from servicer
(4) $
4,206,608 Updated portfolio data from servicer
Page 19 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
12/9/2009
Sterling Savings Bank
12/11/2009 HomeStar Bank & Financial Services
12/11/2009 Glenview State Bank
12/11/2009 Verity Credit Union
12/11/2009 Hartford Savings Bank
City
Spokane
Manteno
Glenview
Seattle
Hartford
Transaction
State
Type
WA
IL
IL
WA
WI
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
$
2,250,000
310,000
370,000
600,000
630,000
N/A
N/A
N/A
N/A
N/A
12/11/2009 The Bryn Mawr Trust Co.
Bryn Mawr
PA
Purchase
Financial Instrument for Home Loan Modifications
$
150,000
N/A
12/16/2009 Citizens 1st National Bank
Spring Valley
IL
Purchase
Financial Instrument for Home Loan Modifications
$
620,000
N/A
12/16/2009 Golden Plains Credit Union
Garden City
KS
Purchase
Financial Instrument for Home Loan Modifications
$
170,000
N/A
Adjustment Details
Cap Adjustment Amount
100,000
Adjusted Cap
$
Reason for Adjustment
2,350,000 Updated HPDP cap & HAFA initial cap
1/22/2010
$
3/26/2010
$
(740,000) $
7/14/2010
$
(710,000) $
9/30/2010
$
550,556
1/6/2011
$
1/22/2010
$
20,000
$
3/26/2010
$
820,000
$
1,150,000 Updated portfolio data from servicer
7/14/2010
$
(350,000) $
800,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
1/22/2010
$
20,000
$
3/26/2010
$
1,250,000
$
5/26/2010
$
(1,640,000) $
1/22/2010
$
30,000
$
3/26/2010
$
400,000
$
1,030,000 Updated portfolio data from servicer
7/14/2010
$
(330,000) $
700,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
1,610,000 Updated portfolio data from servicer
900,000 Updated portfolio data from servicer
$
1,450,556 Updated portfolio data from servicer
(1) $
1,450,555 Updated portfolio data from servicer
70,334
330,000 Updated HPDP cap & HAFA initial cap
$
870,334 Updated portfolio data from servicer
(1) $
870,333 Updated portfolio data from servicer
25,278
390,000 Updated HPDP cap & HAFA initial cap
1,640,000 Updated portfolio data from servicer
- Termination of SPA
630,000 Updated HPDP cap & HAFA initial cap
$
725,278 Updated portfolio data from servicer
$
(1) $
725,277 Updated portfolio data from servicer
2/17/2011
$
(725,277) $
1/22/2010
$
30,000
$
3/26/2010
$
800,000
$
1,460,000 Updated portfolio data from servicer
7/14/2010
$
(360,000) $
1,100,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
60,445
- Termination of SPA
660,000 Updated HPDP cap & HAFA initial cap
$
1,160,445 Updated portfolio data from servicer
$
(2) $
1,160,443 Updated portfolio data from servicer
4/21/2010
$
(150,000) $
1/22/2010
$
3/26/2010
$
7/14/2010
$
1,430,000
$
1,500,000 Updated portfolio data from servicer
9/30/2010
$
95,612
$
1,595,612 Updated portfolio data from servicer
1/6/2011
$
(2) $
1,595,610 Updated portfolio data from servicer
1/22/2010
$
10,000
$
180,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
30,000
$
210,000 Updated portfolio data from servicer
30,000
$
(580,000) $
- Termination of SPA
650,000 Updated HPDP cap & HAFA initial cap
70,000 Updated portfolio data from servicer
Page 20 of 26
Servicer Modifying Borrowers' Loans
Date
Name of Institution
City
Transaction
State
Type
Investment Description
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
12/16/2009 First Federal Savings and Loan Association of Lakewood
Lakewood
OH
Purchase
Financial Instrument for Home Loan Modifications
$
3,460,000
N/A
12/16/2009 Sound Community Bank
Seattle
WA
Purchase
Financial Instrument for Home Loan Modifications
$
440,000
N/A
12/16/2009 Horizon Bank, NA
12/16/2009 Park View Federal Savings Bank
12/23/2009 Iberiabank
12/23/2009 Grafton Suburban Credit Union
12/23/2009 Eaton National Bank & Trust Company
Michigan City
Solon
Sarasota
North Grafton
Eaton
IN
OH
FL
MA
OH
Purchase
Purchase
Purchase
Purchase
Purchase
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
$
$
$
$
$
700,000
760,000
4,230,000
340,000
60,000
N/A
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
7/14/2010
$
(10,000) $
200,000 Updated portfolio data from servicer
9/30/2010
$
90,111
290,111 Updated portfolio data from servicer
2/17/2011
$
1/22/2010
$
160,000
4/21/2010
$
(3,620,000) $
1/22/2010
$
20,000
$
3/26/2010
$
1,430,000
$
1,890,000 Updated portfolio data from servicer
7/14/2010
$
(390,000) $
1,500,000 Updated portfolio data from servicer
9/8/2010
$
(1,500,000) $
1/22/2010
$
30,000
$
3/26/2010
$
1,740,000
$
2,470,000 Updated portfolio data from servicer
7/14/2010
$
(1,870,000) $
600,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
1/22/2010
$
40,000
$
800,000 Updated HPDP cap & HAFA initial cap
3/26/2010
$
140,000
$
940,000 Updated portfolio data from servicer
7/14/2010
$
(140,000) $
800,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
1/22/2010
$
200,000
3/26/2010
$
(1,470,000) $
2,960,000 Updated portfolio data from servicer
7/14/2010
$
(1,560,000) $
1,400,000 Updated portfolio data from servicer
9/30/2010
$
5,852,780
$
7,252,780 Updated portfolio data from servicer
1/6/2011
$
(11) $
7,252,769 Updated portfolio data from servicer
1/22/2010
$
3/26/2010
$
(320,000) $
7/14/2010
$
760,000
$
800,000 Updated portfolio data from servicer
9/30/2010
$
(74,722) $
725,278 Updated portfolio data from servicer
1/6/2011
$
(1) $
725,277 Updated portfolio data from servicer
1/22/2010
$
-
$
3/26/2010
$
90,000
$
150,000 Updated portfolio data from servicer
7/14/2010
$
50,000
$
200,000 Updated portfolio data from servicer
$
(290,111) $
850,556
$
- Termination of SPA
3,620,000 Updated HPDP cap & HAFA initial cap
- Termination of SPA
460,000 Updated HPDP cap & HAFA initial cap
- Termination of SPA
730,000 Updated HPDP cap & HAFA initial cap
$
1,450,556 Updated portfolio data from servicer
(2) $
1,450,554 Updated portfolio data from servicer
70,334
$
870,334 Updated portfolio data from servicer
(1) $
870,333 Updated portfolio data from servicer
20,000
$
$
4,430,000 Updated HPDP cap & HAFA initial cap
360,000 Updated HPDP cap & HAFA initial cap
40,000 Updated portfolio data from servicer
60,000 Updated HPDP cap & HAFA initial cap
Page 21 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
12/23/2009 Tempe Schools Credit Union
1/13/2010
1/13/2010
1/13/2010
1/13/2010
1/13/2010
Fresno County Federal Credit Union
Roebling Bank
First National Bank of Grant Park
Specialized Loan Servicing, LLC
Greater Nevada Mortgage Services
City
Tempe
Fresno
Roebling
Grant Park
Highlands Ranch
Carson City
Transaction
State
Type
AZ
CA
NJ
IL
CO
NV
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
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
$
$
$
$
$
$
110,000
260,000
240,000
140,000
64,150,000
770,000
N/A
N/A
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
(54,944) $
Reason for Adjustment
9/30/2010
$
1/22/2010
$
3/26/2010
$
(20,000) $
7/14/2010
$
10,000
$
100,000 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
12/8/2010
$
(145,056) $
3/26/2010
$
480,000
$
740,000 Updated portfolio data from servicer
7/14/2010
$
(140,000) $
600,000 Updated portfolio data from servicer
9/30/2010
$
(19,778) $
580,222 Updated portfolio data from servicer
1/6/2011
$
(1) $
580,221 Updated portfolio data from servicer
3/26/2010
$
610,000
$
850,000 Updated portfolio data from servicer
7/14/2010
$
50,000
$
900,000 Updated portfolio data from servicer
9/30/2010
$
(29,666) $
870,334 Updated portfolio data from servicer
1/6/2011
$
(1) $
870,333 Updated portfolio data from servicer
3/26/2010
$
150,000
$
290,000 Updated portfolio data from servicer
7/14/2010
$
10,000
$
300,000 Updated portfolio data from servicer
9/30/2010
$
(9,889) $
290,111 Updated portfolio data from servicer
1/26/2011
$
(290,111) $
3/26/2010
$
(51,240,000) $
5/14/2010
$
3,000,000
$
6/16/2010
$
4,860,000
$
7/14/2010
$
3,630,000
$
7/16/2010
$
330,000
$
24,400,000 Updated portfolio data from servicer
Transfer of cap from CitiMortgage, Inc. due to
24,730,000 servicing transfer
8/13/2010
$
700,000
$
25,430,000 Transfer of cap due to servicing transfer
9/15/2010
$
200,000
$
25,630,000 Transfer of cap due to servicing transfer
9/30/2010
$
11/16/2010
$
1/6/2011
$
1/13/2011
$
1,500,000
$
3/26/2010
$
8,680,000
$
9,450,000 Updated portfolio data from servicer
7/14/2010
$
(8,750,000) $
700,000 Updated portfolio data from servicer
9/30/2010
$
-
$
(1,695,826) $
200,000
$
(32) $
170,334
$
145,056 Updated portfolio data from servicer
110,000 Updated HPDP cap & HAFA initial cap
90,000 Updated portfolio data from servicer
- Termination of SPA
- Termination of SPA
12,910,000 Updated portfolio data from servicer
Transfer of cap from CitiMortgage, Inc. due to
15,910,000 servicing transfer
Transfer of cap from CitiMortgage, Inc. due to
20,770,000 servicing transfer
23,934,174 Updated portfolio data from servicer
24,134,174 Transfer of cap due to servicing transfer
24,134,142 Updated portfolio data from servicer
25,634,142 Transfer of cap due to servicing transfer
870,334 Updated portfolio data from servicer
Page 22 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
City
Transaction
State
Type
Investment Description
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
1/15/2010
Digital Federal Credit Union
Marlborough
MA
Purchase
Financial Instrument for Home Loan Modifications
$
3,050,000
N/A
1/29/2010
iServe Residential Lending, LLC
San Diego
CA
Purchase
Financial Instrument for Home Loan Modifications
$
960,000
N/A
1/29/2010
United Bank
Griffin
GA
Purchase
Financial Instrument for Home Loan Modifications
$
540,000
N/A
3/3/2010
Urban Trust Bank
Lake Mary
FL
Purchase
Financial Instrument for Home Loan Modifications
$
1,060,000
N/A
3/5/2010
iServe Servicing, Inc.
Irving
TX
Purchase
Financial Instrument for Home Loan Modifications
$
28,040,000
N/A
3/10/2010
3/10/2010
4/14/2010
4/14/2010
Navy Federal Credit Union
Vist Financial Corp
Midwest Bank and Trust Co.
Wealthbridge Mortgage Corp
Vienna
Wyomissing
Elmwood Park
Beaverton
VA
PA
IL
OR
Purchase
Purchase
Purchase
Purchase
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
Financial Instrument for Home Loan Modifications
$
$
$
$
60,780,000
300,000
300,000
6,550,000
N/A
N/A
N/A
N/A
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
(1) $
Reason for Adjustment
1/6/2011
$
3/26/2010
$
12,190,000
5/14/2010
$
(15,240,000) $
3/26/2010
$
(730,000) $
230,000 Updated portfolio data from servicer
7/14/2010
$
370,000
$
600,000 Updated portfolio data from servicer
9/30/2010
$
200,000
$
800,000 Initial FHA-HAMP cap and initial 2MP cap
9/30/2010
$
(364,833) $
435,167 Updated portfolio data from servicer
11/16/2010
$
100,000
535,167 Transfer of cap due to servicing transfer
1/6/2011
$
3/26/2010
$
160,000
$
700,000 Updated portfolio data from servicer
9/30/2010
$
25,278
$
725,278 Updated portfolio data from servicer
1/6/2011
$
(1) $
725,277 Updated portfolio data from servicer
7/14/2010
$
4,440,000
9/24/2010
$
(5,500,000) $
5/26/2010
$
120,000
7/14/2010
$
(12,660,000) $
9/30/2010
$
100,000
9/30/2010
$
11/16/2010
$
1/6/2011
$
(20) $
13,274,762 Updated portfolio data from servicer
7/14/2010
$
(44,880,000) $
15,900,000 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
7/14/2010
$
400,000
$
700,000 Updated portfolio data from servicer
9/30/2010
$
25,278
$
725,278 Updated portfolio data from servicer
1/6/2011
$
(1) $
725,277 Updated portfolio data from servicer
7/14/2010
$
300,000
$
600,000 Updated portfolio data from servicer
9/30/2010
$
(19,778) $
580,222 Updated portfolio data from servicer
1/6/2011
$
(1) $
580,221 Updated portfolio data from servicer
7/14/2010
$
(150,000) $
6,400,000 Updated portfolio data from servicer
9/15/2010
$
1,600,000
9/30/2010
$
(4,352,173) $
$
$
(1) $
$
$
$
(3,125,218) $
800,000
1,071,505
$
870,333 Updated portfolio data from servicer
15,240,000 Updated portfolio data from servicer
- Termination of SPA
535,166 Updated portfolio data from servicer
5,500,000 Updated portfolio data from servicer
- Termination of SPA
28,160,000 Initial 2MP cap
15,500,000 Updated portfolio data from servicer
15,600,000 Initial FHA-HAMP cap
12,474,782 Updated portfolio data from servicer
13,274,782 Transfer of cap due to servicing transfer
$
16,971,505 Updated portfolio data from servicer
(23) $
16,971,482 Updated portfolio data from servicer
$
8,000,000 Transfer of cap due to servicing transfer
3,647,827 Updated portfolio data from servicer
Page 23 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
City
Transaction
State
Type
Investment Description
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
5/21/2010
Aurora Financial Group, Inc.
Marlton
NJ
Purchase
Financial Instrument for Home Loan Modifications
$
10,000
N/A
4, 8
6/16/2010
Selene Financial, L.P.
Houston
TX
Transfer
Financial Instrument for Home Loan Modifications
$
-
N/A
9
8/4/2010
Suburban Mortgage Company of New Mexico
Albuquerque
NM
Purchase
Financial Instrument for Home Loan Modifications
$
880,000
N/A
8/20/2010
Bramble Savings Bank
Cincinanati
OH
Purchase
Financial Instrument for Home Loan Modifications
$
700,000
N/A
8/25/2010
Pathfinder Bank
Oswego
NY
Purchase
Financial Instrument for Home Loan Modifications
$
1,300,000
N/A
8/27/2010
First Financial Bank, N.A.
Terre Haute
ID
Purchase
Financial Instrument for Home Loan Modifications
$
4,300,000
N/A
9/1/2010
RBC Bank (USA)
Raleigh
NC
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
9/3/2010
Fay Servicing, LLC
Chicago
IL
Purchase
Financial Instrument for Home Loan Modifications
$
3,100,000
N/A
9/15/2010
Vericrest Financial, Inc.
Oklahoma City
OK
Purchase
Financial Instrument for Home Loan Modifications
$
-
N/A
9/15/2010
Midwest Community Bank
Freeport
IL
Purchase
Financial Instrument for Home Loan Modifications
$
400,000
N/A
9/24/2010
American Finance House LARIBA
Pasadena
CA
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
9/24/2010
Centrue Bank
Ottawa
IL
Purchase
Financial Instrument for Home Loan Modifications
$
1,900,000
N/A
9/30/2010
AgFirst Farm Credit Bank
Columbia
SC
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
9/30/2010
Amarillo National Bank
Amarillo
TX
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9
4, 8
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
1/6/2011
$
(5) $
5/26/2010
$
30,000
$
9/30/2010
$
250,111
$
6/16/2010
$
3,680,000
$
Reason for Adjustment
3,647,822 Updated portfolio data from servicer
40,000 Updated FHA-HAMP cap
290,111 Updated portfolio data from servicer
Transfer of cap from CitiMortgage, Inc. due to
3,680,000 servicing transfer
8/13/2010
$
3,300,000
$
9/30/2010
$
3,043,831
$
10,023,831 Updated portfolio data from servicer
10/15/2010
$
1,400,000
$
11,423,831 Transfer of cap due to servicing transfer
1/6/2011
$
9/30/2010
$
1/6/2011
$
9/30/2010
$
1/6/2011
$
9/30/2010
$
1/6/2011
$
9/30/2010
$
1/6/2011
$
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
1/6/2011
$
34,944
$
180,000 Updated portfolio data from servicer
9/30/2010
$
5,168,169
$
8,268,169 Updated portfolio data from servicer
1/6/2011
$
(12) $
8,268,157 Updated portfolio data from servicer
9/15/2010
$
1,000,000
$
1,000,000 Transfer of cap due to servicing transfer
9/30/2010
$
450,556
$
1,450,556 Updated portfolio data from servicer
1/6/2011
$
(2) $
1,450,554 Updated portfolio data from servicer
2/16/2011
$
3,000,000
$
9/30/2010
$
180,222
$
580,222 Updated portfolio data from servicer
1/6/2011
$
(1) $
580,221 Updated portfolio data from servicer
9/30/2010
$
2/2/2011
$
(145,056) $
9/30/2010
$
856,056
1/6/2011
$
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
(17) $
1,585,945
6,980,000 Transfer of cap due to servicing transfer
11,423,814 Updated portfolio data from servicer
$
2,465,945 Updated portfolio data from servicer
(4) $
2,465,941 Updated portfolio data from servicer
1,040,667
$
1,740,667 Updated portfolio data from servicer
(2) $
1,740,665 Updated portfolio data from servicer
2,181,334
$
3,481,334 Updated portfolio data from servicer
(5) $
3,481,329 Updated portfolio data from servicer
7,014,337
$
11,314,337 Updated portfolio data from servicer
(17) $
11,314,320 Updated portfolio data from servicer
45,056
$
4,450,554 Transfer of cap due to servicing transfer
145,056 Updated portfolio data from servicer
- Termination of SPA
$
2,756,056 Updated portfolio data from servicer
(4) $
2,756,052 Updated portfolio data from servicer
Page 24 of 26
Servicer Modifying Borrowers' Loans
Name of Institution
Date
City
Transaction
State
Type
Investment Description
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
9/30/2010
American Financial Resources Inc.
Parsippany
NJ
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/30/2010
Banco Popular de Puerto Rico
San Juan
PR
Purchase
Financial Instrument for Home Loan Modifications
$
1,700,000
N/A
4, 5, 8
9/30/2010
Capital International Financial, Inc.
Coral Gables
FL
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/24/2010
Citizens Community Bank
Freeburg
IL
Purchase
Financial Instrument for Home Loan Modifications
$
800,000
N/A
9/30/2010
Community Credit Union of Florida
Rockledge
FL
Purchase
Financial Instrument for Home Loan Modifications
$
2,000,000
N/A
6
9/30/2010
CU Mortgage Services, Inc.
New Brighton
MN
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/30/2010
First Federal Bank of Florida
Lake City
FL
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/30/2010
First Mortgage Coporation
Diamond Bar
CA
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/30/2010
First Safety Bank
Cincinnati
OH
Purchase
Financial Instrument for Home Loan Modifications
$
400,000
N/A
9/30/2010
Flagstar Capital Markets Corporation
Troy
MI
Purchase
Financial Instrument for Home Loan Modifications
$
800,000
N/A
7, 8
9/30/2010
Franklin Savings
Cincinnati
OH
Purchase
Financial Instrument for Home Loan Modifications
$
1,700,000
N/A
4
9/30/2010
Gateway Mortgage Group, LLC
Tulsa
OK
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/30/2010
GFA Federal Credit Union
Gardner
MA
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
9/30/2010
Guaranty Bank
Saint Paul
MN
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/24/2010
James B. Nutter & Company
Kansas City
MO
Purchase
Financial Instrument for Home Loan Modifications
$
300,000
N/A
4, 8
9/30/2010
Liberty Bank and Trust Co
New Orleans
LA
Purchase
Financial Instrument for Home Loan Modifications
$
1,000,000
N/A
9/30/2010
M&T Bank
Buffalo
NY
Purchase
Financial Instrument for Home Loan Modifications
$
700,000
N/A
4, 8
9/30/2010
Magna Bank
Germantown
TN
Purchase
Financial Instrument for Home Loan Modifications
$
1,400,000
N/A
5
9/30/2010
Mainstreet Credit Union
Lexena
KS
Purchase
Financial Instrument for Home Loan Modifications
$
500,000
N/A
9/30/2010
Marsh Associates, Inc.
Charlotte
NC
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/30/2010
Midland Mortgage Company
Oklahoma City
OK
Purchase
Financial Instrument for Home Loan Modifications
$
43,500,000
N/A
4, 5
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
Reason for Adjustment
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
765,945
$
2,465,945 Updated portfolio data from servicer
1/6/2011
$
(3) $
2,465,942 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
360,445
$
1,160,445 Updated portfolio data from servicer
1/6/2011
$
(2) $
1,160,443 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
180,222
$
580,222 Updated portfolio data from servicer
1/6/2011
$
(1) $
580,221 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
9/30/2010
$
1/6/2011
$
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
135,167
$
435,167 Updated portfolio data from servicer
1/6/2011
$
(1) $
435,166 Updated portfolio data from servicer
9/30/2010
$
1/6/2011
$
9/30/2010
$
1/6/2011
$
9/30/2010
$
1/6/2011
$
9/30/2010
$
1/6/2011
$
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
49,915,806
$
93,415,806 Updated portfolio data from servicer
901,112
$
2,901,112 Updated portfolio data from servicer
(4) $
2,901,108 Updated portfolio data from servicer
360,445
$
1,160,445 Updated portfolio data from servicer
(2) $
1,160,443 Updated portfolio data from servicer
765,945
$
2,465,945 Updated portfolio data from servicer
(4) $
2,465,941 Updated portfolio data from servicer
450,556
$
1,450,556 Updated portfolio data from servicer
(2) $
1,450,554 Updated portfolio data from servicer
315,389
$
1,015,389 Updated portfolio data from servicer
(1) $
1,015,388 Updated portfolio data from servicer
630,778
$
2,030,778 Updated portfolio data from servicer
(3) $
2,030,775 Updated portfolio data from servicer
225,278
$
725,278 Updated portfolio data from servicer
(1) $
725,277 Updated portfolio data from servicer
Page 25 of 26
Servicer Modifying Borrowers' Loans
Date
Name of Institution
City
Transaction
State
Type
Investment Description
Cap of Incentive Payments
Adjustment
on Behalf of Borrowers and
Pricing
Date
to Servicers &
Mechanism Note
9/30/2010
Schmidt Mortgage Company
Rocky River
OH
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/30/2010
Stockman Bank of Montana
Miles City
MT
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
9/30/2010
University First Federal Credit Union
Salt Lake City
UT
Purchase
Financial Instrument for Home Loan Modifications
$
600,000
N/A
9/30/2010
Weststar Mortgage, Inc.
12/15/2010 Statebridge Company, LLC
12/15/2010 Scotiabank de Puerto Rico
Woodbridge
VA
Purchase
Financial Instrument for Home Loan Modifications
$
100,000
N/A
4, 8
Denver
CO
Purchase
Financial Instrument for Home Loan Modifications
$
-
N/A
9
San Juan
PR
Purchase
Financial Instrument for Home Loan Modifications
Total Initial Cap
$
$
-
23,831,570,000
TOTAL CAP
N/A
9
Adjustment Details
Cap Adjustment Amount
Adjusted Cap
(125) $
Reason for Adjustment
1/6/2011
$
93,415,681 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
9/30/2010
$
270,334
$
870,334 Updated portfolio data from servicer
870,333 Updated portfolio data from servicer
1/6/2011
$
(1) $
2/17/2011
$
(870,333) $
9/30/2010
$
45,056
$
145,056 Updated portfolio data from servicer
12/15/2010
$
5,000,000
$
5,000,000 Updated portfolio data from servicer
1/6/2011
$
(7) $
4,999,993 Updated portfolio data from servicer
2/16/2011
$
500,000
$
5,499,993 Transfer of cap due to servicing transfer
12/15/2010
$
4,300,000
$
4,300,000 Updated portfolio data from servicer
1/6/2011
$
(4) $
4,299,996 Updated portfolio data from servicer
Total Cap Adjustments
$
6,072,133,878
$
29,903,703,878
- Termination of SPA
1/ The Cap of Incentive Payments represents the potential total amount allocated to each servicer and includes the maximum amount allotted for all payments on behalf of borrowers and payments to servicers and lenders/investors.
The Cap is subject to adjustment based on the total amount allocated to the program and individual servicer usage for borrower modifications. Each adjustment to the Cap is reflected under Adjustment Details.
2/ On July 31, 2009, the SPA with Chase Home Finance, LLC was terminated and superseded by new SPAs with J.P. Morgan Chase Bank, NA and EMC Mortgage Corporation.
3/ Wachovia Mortgage, FSB was merged with Wells Fargo Bank, NA, and the remaining Adjusted Cap stated above represents the amount previously paid to Wachovia Mortgage, FSB prior to such merger.
4/ Initial cap amount includes FHA-HAMP.
5/ Initial cap amount includes RD-HAMP.
6/ Initial cap amount includes 2MP.
7/ Initial cap amount includes FHA-2LP.
8/ Initial cap does not include HAMP.
9/ This institution executed an Assignment and Assumption Agreement (a copy of which is available on www.FinancialStability.gov) with respect to all rights and obligations for the transferred loan modifications. The amount transferred is realized as a cap adjustment and not as initial cap.
10/ The amendment reflects a change in the legal name of the institution.
As used in this table:
"HAFA" means the Home Affordable foreclosure Alternatives program.
"HPDP" means the Home Price Decline Protection program.
"2MP" means the Second Lien Modification Program.
"RD-HAMP" means the Rural Housing Service Home Affordable Modification Program.
"FHA-2LP" means the FHA Second Lien Program
Page 26 of 26
Supplemental Information [Not Required by EESA §114(a)]
Home Affordable Modification Program
Non-GSE Incentive Payments (through January 2011)
Name of Institution
Allstate Mortgage Loans & Investments, Inc.
American Home Mortgage Servicing, Inc.
Aurora Financial Group, Inc
Aurora Loan Services LLC
BAC Home Loans Servicing, LP
Bank of America, N.A.
Bank United
Bayview Loan Servicing, LLC
Carrington Mortgage Services, LLC
CCO Mortgage
Central Florida Educators Federal Credit Union
CitiMortgage, Inc.
Citizens 1st National Bank
CUC Mortgage Corporation
DuPage Credit Union
EMC Mortgage Corporation
First Bank
First Keystone Bank
Franklin Credit Management Corporation
Fresno County Federal Credit Union
Glass City Federal Credit Union
GMAC Mortgage, Inc.
Great Lakes Credit Union
Greater Nevada Mortgage Services
Green Tree Servicing LLC
Guaranty Bank
Hillsdale County National Bank
Home Loan Services, Inc.
HomEq Servicing
HomeStar Bank & Financial Services
Horicon Bank
Iberiabank
IBM Southeast Employees' Federal Credit Union
IC Federal Credit Union
Idaho Housing and Finance Association
J.P.Morgan Chase Bank, NA
Lake City Bank
Borrowers
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
1,623.05
6,826,129.17
1,000.00
3,820,908.88
16,037,688.41
1,370,767.80
737,507.73
1,248,979.43
1,435,061.65
226,256.95
1,000.00
12,341,105.53
3,500.00
1,000.00
6,381,486.12
36,957.52
2,775.62
4,083.33
1,000.00
6,425,519.09
5,166.67
70,659.97
1,666.67
169,857.80
916.67
1,000.00
1,000.00
2,922.08
23,902,229.87
-
Lenders/Investors
$
$
4,618.05
31,995,726.70
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
11,305,837.18
41,913,695.96
3,926,374.00
3,869,808.29
3,333,955.44
5,432,978.59
675,383.83
17,068.74
31,187,741.55
2,199.03
19,766.20
7,022.22
9,197,464.55
297,079.61
3,423.27
130,394.71
1,019.92
781.64
27,341,840.68
822.96
20,820.90
161,855.74
$
$
$
$
$
$
$
$
$
$
$
4,753.82
2,440,767.73
3,036,319.34
1,003.51
1,417.84
6,471.56
5,021.39
4,284.09
2,849.25
37,780,837.70
283.52
Servicer
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
4,623.05
26,802,523.07
1,000.00
10,967,325.94
43,881,834.97
5,025,673.76
3,216,549.37
3,697,588.93
4,807,446.86
578,057.02
24,500.00
33,742,584.50
4,000.00
21,416.67
2,500.00
15,064,092.17
361,707.52
8,717.90
245,000.00
1,000.00
3,000.00
23,628,652.78
1,000.00
23,750.01
297,450.50
16,000.00
3,698,606.99
5,272,500.00
2,000.00
2,916.67
14,000.00
8,000.00
6,000.00
5,922.08
62,188,506.31
2,000.00
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Total Payments
10,864
65,624,379
2,000
26,094,072
101,833,219
10,322,816
7,823,865
8,280,524
11,675,487
1,479,698
42,569
77,271,432
6,199
44,683
10,522
30,643,043
695,745
14,917
379,478
2,020
4,782
57,396,013
1,823
49,738
529,966
22,420
6,309,233
8,308,819
3,004
5,251
20,472
14,021
11,284
11,693
123,871,574
2,284
Page 1 of 3
Name of Institution
Lake National Bank
Litton Loan Servicing LP
Los Alamos National Bank
Marix Servicing, LLC
Midland Mortgage Company
Mission Federal Credit Union
MorEquity, Inc.
Mortgage Center, LLC
National City Bank
Nationstar Mortgage LLC
Navy Federal Credit Union
Oakland Municipal Credit Union
Ocwen Financial Corporation, Inc.
OneWest Bank
ORNL Federal Credit Union
Park View Federal Savings Bank
Pathfinder Bank
PennyMac Loan Services, LLC
PNC Bank, National Association
Quantum Servicing Corporation
Residential Credit Solutions
RG Mortgage Corporation
RoundPoint Mortgage Servicing Corporation
Saxon Mortgage Services, Inc.
Schools Financial Credit Union
Scotiabank de Puerto Rico
Select Portfolio Servicing
Selene Financial, L.P.
Servis One, Inc.
ShoreBank
Silver State Schools Credit Union
Specialized Loan Servicing LLC
Statebridge Company, LLC
Sterling Savings Bank
Technology Credit Union
The Golden 1 Credit Union
U.S. Bank National Association
United Bank Mortgage Corporation
Vantium Capital, Inc. dba Acqura Loan Services
Vericrest Financial, Inc.
Wachovia Mortgage, FSB
Wells Fargo Bank, N.A.
Borrowers
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
1,000.00
5,321,591.91
276.50
5,465.00
176,534.65
4,916.66
296,767.36
11,763.02
338,115.60
2,221,734.51
6,000.00
10,177,918.69
4,792,569.14
2,000.00
126,456.91
2,000.00
91,548.69
164,852.94
8,939,735.77
2,000.00
10,877,207.00
1,750.00
916.67
49,915.10
74,920.68
4,000.00
3,583.33
1,008,275.12
8,592.00
8,910,861.80
Lenders/Investors
$
$
$
$
1,770.40
16,450,664.68
1,305.09
73,637.66
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
22,877.97
2,038,309.04
43,337.16
1,169,081.67
6,391,767.66
40,092.97
2,271.66
28,788,897.79
21,492,669.92
9,274.01
314.94
445,893.06
13,337.67
1,045.60
364,573.51
227,582.28
26,628.31
16,424,685.77
11,880.78
27,619,468.32
6,157.76
1,746.36
153,199.73
22,949.14
253,360.67
22,447.76
23,832.53
55,464.22
5,858,300.49
19,259.32
1,381.52
76,889.58
41,812,625.20
Servicer
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2,000.00
15,229,491.59
6,474.00
147,631.67
185,207.27
23,000.00
1,812,163.56
63,088.78
994,698.06
7,380,203.19
46,000.00
3,500.00
27,557,647.05
16,561,753.22
2,000.00
9,000.00
1,000.00
419,617.92
16,000.00
1,000.00
460,961.32
401,333.81
50,000.00
24,456,958.58
6,500.00
30,291,469.70
2,000.00
1,000.00
138,665.10
25,500.00
288,504.00
31,500.00
16,916.67
64,500.00
5,032,593.37
27,140.55
13,000.00
162,000.00
41,676,098.80
Total Payments
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
4,770
37,001,748
8,056
226,734
361,742
50,795
4,147,240
118,189
2,501,895
15,993,705
92,093
5,772
66,524,464
42,846,992
2,000
20,274
1,315
991,968
31,338
2,046
917,084
793,769
76,628
49,821,380
20,381
68,788,145
9,908
3,663
341,780
48,449
616,785
57,948
44,333
119,964
11,899,169
54,992
14,382
238,890
92,399,586
Page 2 of 3
Name of Institution
Borrowers
Lenders/Investors
Servicer
Total Payments
Wescom Central Credit Union
Wilshire Credit Corporation
Yadkin Valley Bank
$
$
$
81,962.22
1,000.00
$
$
$
304,093.41
490,394.10
562.12
$
$
$
198,612.54
1,167,000.00
5,000.00
$
$
$
584,668
1,657,394
6,562
Totals
$
134,766,001
$
384,895,721
$
418,607,178
$
938,268,900
Page 3 of 3
Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets
Hardest Hit Funds (HHF) Program
Seller
Note
Date
2
9/23/2010
3
9/29/2010
Name of Institution
6/23/2010 Nevada Affordable Housing Assistance Corporation
6/23/2010 CalHFA Mortgage Assistance Corporation
City
Reno
Sacramento
Investment Amount
Pricing
Additional
1
Investment Amount
Mechanism
$
194,026,240
102,800,000
N/A
State
Transaction
Type
NV
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
-
$
34,056,581
Purchase
Financial Instrument for HHF Program
-
$
57,169,659
Purchase
Financial Instrument for HHF Program
CA
Investment Description
Initial Investment
Amount
$
$
699,600,000
-
2
9/23/2010
Purchase
Financial Instrument for HHF Program
-
$
476,257,070
3
9/29/2010
Purchase
Financial Instrument for HHF Program
-
$
799,477,026
Purchase
Financial Instrument for HHF Program
6/23/2010 Florida Housing Finance Corporation
Tallahassee
FL
$
418,000,000
-
2
9/23/2010
Purchase
Financial Instrument for HHF Program
-
$
238,864,755
3
9/29/2010
Purchase
Financial Instrument for HHF Program
-
$
400,974,381
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
6/23/2010 Arizona (Home) Foreclosure Prevention Funding Corporation
3
Phoenix
AZ
Lansing
MI
9/29/2010
6/23/2010 Michigan Homeowner Assistance Nonprofit Housing Corporation
$
125,100,000
$
154,500,000
-
$
-
9/23/2010
Purchase
Financial Instrument for HHF Program
-
$
128,461,559
3
9/29/2010
Purchase
Financial Instrument for HHF Program
-
$
215,644,179
Purchase
Financial Instrument for HHF Program
North Carolina Housing Finance Agency
Raleigh
NC
$
159,000,000
-
2
9/23/2010
Purchase
Financial Instrument for HHF Program
-
$
120,874,221
3
9/29/2010
Purchase
Financial Instrument for HHF Program
-
$
202,907,565
Purchase
Financial Instrument for HHF Program
8/3/2010
Ohio Homeowner Assistance LLC
Columbus
OH
$
172,000,000
-
2
9/23/2010
Purchase
Financial Instrument for HHF Program
-
$
148,728,864
3
9/29/2010
Purchase
Financial Instrument for HHF Program
-
$
249,666,235
Purchase
Financial Instrument for HHF Program
8/3/2010
Oregon Affordable Housing Assistance Corporation
Salem
OR
$
88,000,000
-
2
9/23/2010
Purchase
Financial Instrument for HHF Program
-
$
49,294,215
3
9/29/2010
Purchase
Financial Instrument for HHF Program
-
$
82,748,571
Purchase
Financial Instrument for HHF Program
8/3/2010
Rhode Island Housing and Mortgage Finance Corporation
Providence
RI
$
43,000,000
-
2
9/23/2010
Purchase
Financial Instrument for HHF Program
-
$
13,570,770
3
9/29/2010
Purchase
Financial Instrument for HHF Program
-
$
22,780,803
Purchase
Financial Instrument for HHF Program
8/3/2010
SC Housing Corp
Columbia
SC
$
138,000,000
-
2
9/23/2010
Purchase
Financial Instrument for HHF Program
-
$
58,772,347
3
9/29/2010
Purchase
Financial Instrument for HHF Program
-
$
98,659,200
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
9/23/2010 Alabama Housing Finance Authority
3
KY
Jackson
MS
Atlanta
GA
9/29/2010
9/23/2010 GHFA Affordable Housing, Inc.
3
Frankfort
9/29/2010
9/23/2010 Mississippi Home Corporation
3
AL
9/29/2010
9/23/2010 Kentucky Housing Corporation
3
Montgomery
9/29/2010
$
60,672,471
$
55,588,050
$
38,036,950
$
126,650,987
-
$
$
N/A
$
1,057,839,136
212,604,832
N/A
N/A
N/A
$
267,766,006
N/A
$
498,605,738
N/A
N/A
N/A
N/A
$
482,781,786
N/A
N/A
N/A
$
570,395,099
N/A
N/A
N/A
$
220,042,786
N/A
N/A
N/A
$
79,351,573
N/A
N/A
N/A
$
295,431,547
N/A
N/A
N/A
$
162,521,345
N/A
$
148,901,875
N/A
$
101,888,323
N/A
$
339,255,819
N/A
N/A
N/A
63,851,373
-
N/A
N/A
93,313,825
-
$
1,975,334,096
101,848,874
-
$
N/A
$
142,666,006
2
8/3/2010
N/A
N/A
N/A
Page 1 of 2
Seller
Note
Date
Name of Institution
9/23/2010 Indiana Housing and Community Development Authority
3
Transaction
Type
IN
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Financial Instrument for HHF Program
Purchase
Purchase
Financial Instrument for HHF Program
Financial Instrument for HHF Program
Chicago
IL
Trenton
NJ
Washington
DC
Nashville
TN
9/29/2010
9/23/2010 New Jersey Housing and Mortgage Finance Agency
3
Indianapolis
State
9/29/2010
9/23/2010 Illinois Housing Development Authority
3
City
9/29/2010
9/23/2010 District of Columbia Housing Finance Agency
3
9/29/2010
3
9/23/2010 Tennessee Housing Development Agency
9/29/2010
Investment Description
Initial Investment
Amount
$
Investment Amount
Pricing
Additional
1
Mechanism
Investment Amount
82,762,859
-
$
166,352,726
$
112,200,637
$
7,726,678
$
81,128,260
-
-
$
$
221,694,139
N/A
$
445,603,557
N/A
$
300,548,144
N/A
$
20,697,198
N/A
$
217,315,593
N/A
N/A
$
7,600,000,000
N/A
279,250,831
-
$
$
138,931,280
N/A
188,347,507
-
$
12,970,520
$
136,187,333
TOTAL INVESTMENT AMOUNT
N/A
N/A
1/ The purchase will be incrementally funded up to the investment amount.
2/ On 9/23/2010, Treasury provided additonal investment to this HFA and substituted its investment for an amended and restated Financial Instrument.
Page 2 of 2
FHA SHORT REFINANCE PROGRAM
Seller
Footnote
Date
1
9/3/2010
Name
Citigroup, Inc.
City
New York
State
Transaction
Type
NY
Purchase
Investment Description
Facility Purchase Agreement, dated as of September 3,
2010, between the U.S. Department of the Treasury
and Citibank, N.A
$
TOTAL
$
Investment Amount
8,117,000,000
Pricing Mechanism
N/A
8,117,000,000
1/ On September 3, 2010, the U.S. Department of the Treasury and Citibank, N.A. entered into a facility purchase agreement (the 'L/C Facility Agreement"), which allowed Treasury to demand from Citigroup the issuance of an
up to $8 billion, 10-year letter of credit (the "L/C"). Treasury will increase availability under the L/C incrementally in proportion to the dollar value of mortgages refinanced under the FHA Short Refinance program from time to time
during the first 2.5 years. At that time, the amount of the L/C will be capped at the then-current level. Under the terms of the L/C Facility Agreement, Treasury will incur fees for the availability and usage of the L/C up to a
maximum amount of $117 million.
Page 1 of 1
U.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Projected Costs and Liabilities [Section 105(a)(3)(E)]
For Period Ending February 28, 2011
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 was
terminated on December 23, 2009.
U.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Programmatic Operating Expenses [Section 105(a)(3)(F)]
For Period EndingFebruary 28, 2011
Type of Expense
Compensation for financial agents
and legal firms
Amount
$424,350,102
U.S. Treasury Department
Office of Financial Stability
Troubled Asset Relief Program
Description of Vehicles Established [Section 105(a)(3)(H)]
For Period Ending February 28, 2011
Date
Vehicle
None
Description
@FedFRASER