(Repost from http://www.propublica.org/feature/bailout-bucks-to-banks-1028)
Here’s our running tally of the banks that have announced preliminary approval by the Treasury Department for participation in the Capital Purchase Program. We’ll update as more names come in. And if you’ve heard of new recipients, drop us a line.
Number of institutions: 132
Total amount committed for investment as of Dec 02, 2008 06:19:23 PM: $242.69 billion
Total amount actually invested: $211.50 billion(omits $10 billion for Merrill Lynch, because of its pending merger with Bank of America).
A number of banks have announced their applications for the program, but haven’t yet received approval. We’ve left them off this list until they’re approved.
Also, it takes some time for Treasury to actually execute these transactions after preliminary approval – time taken to finalize the agreements. That’s why not all of the money committed for investment has actually been invested yet. Banks that have received the money are marked in green.
In the Background column, profiles of the banks (including total revenue, lobbying reports, executive compensation, etc.) come from the hardworking folks at Taxpayers for Common Sense. Where a profile isn’t yet available, we’ve linked to the press release.
See ProPublica’s continuing bailout coverage.
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Map of institutions receiving TARP money (see a bigger version of this map):
Click on column headings to re-sort.
| Bank Name | Date Accepted |
Background | Bailout Amount (in Millions) | |
|---|---|---|---|---|
| Citigroup | 10/14/08 | Profile | $45,000 | |
| AIG | 11/10/08 | Press Release | $40,000 | |
| Bank of America (incl. Merrill Lynch) | 10/14/08 | Profile | $25,000 | |
| JPMorgan Chase | 10/14/08 | Profile | $25,000 | |
| Wells Fargo | 10/14/08 | Press Release | $25,000 | |
| Goldman Sachs | 10/14/08 | Profile | $10,000 | |
| Morgan Stanley | 10/14/08 | Press Release | $10,000 | |
| PNC Financial Services | 10/24/08 | Profile | $7,700 | |
| U.S. Bancorp | 11/03/08 | Profile | $6,599 | |
| Capital One Financial Corp. | 10/27/08 | Profile | $3,555.2 | |
| Regions Financial Corp. | 10/24/08 | Press Release | $3,500 | |
| SunTrust | 10/27/08 | Profile | $3,500 | |
| Fifth Third Bancorp | 10/27/08 | Profile | $3,450 | |
| BB&T | 10/27/08 | Press Release | $3,133.6 | |
| Bank of New York Mellon | 10/14/08 | Profile | $3,000 | |
| KeyCorp | 10/27/08 | Press Release | $2,500 | |
| Comerica Incorporated | 10/27/08 | Press Release | $2,250 | |
| State Street | 10/14/08 | Press Release | $2,000 | |
| Marshall & Ilsley | 10/28/08 | Press Release | $1,715 | |
| Northern Trust | 10/27/08 | Press Release | $1,576 | |
| Zions Bancorp | 10/28/08 | Profile | $1,400 | |
| Huntington Bancshares | 10/27/08 | Press Release | $1,398.1 | |
| Synovus Financial Corp. | 11/14/08 | Profile | $973 | |
| Popular, Inc. | 11/18/08 | Press Release | $950 | |
| First Horizon National | 10/24/08 | Profile | $866 | |
| M&T Bank Corporation | 11/20/08 | Press Release | $600 | |
| Colonial BancGroup | 12/02/2008 | Press Release | $550 | |
| Associated Banc-Corp | 11/06/08 | Profile | $525 | |
| City National | 10/27/08 | Press Release | $400 | |
| Webster Financial | 11/07/08 | Profile | $400 | |
| TCF Financial | 11/03/08 | Profile | $361.2 | |
| South Financial Group | 11/14/08 | Press Release | $347 | |
| Wilmington Trust Corporation | 11/14/08 | Profile | $330 | |
| Valley National | 10/24/08 | Profile | $330 | |
| East West Bancorp, Inc. | 11/14/08 | Press Release | $316 | |
| Sterling Financial Corp | 11/24/08 | Press Release | $303 | |
| Whitney Holding Corp | 11/26/08 | Press Release | $301 | |
| Susquehanna Bancshares | 11/19/08 | Press Release | $300 | |
| Citizens Republic Bancorp | 11/14/08 | Profile | $300 | |
| Tennessee Commerce Bancorp | 11/25/08 | Press Release | $300 | |
| UCBH Holdings | 10/27/08 | Profile | $298.7 | |
| Cathay General Bancorp | 11/18/08 | Press Release | $258 | |
| Wintrust Financial Corp | 11/26/08 | Press Release | $250 | |
| FirstMerit Corp | 11/13/08 | Press Release | $248 | |
| International Bancshares Corporation | 11/20/08 | Press Release | $216 | |
| Trustmark Corp | 11/06/08 | Press Release | $215 | |
| Umpqua | 10/28/08 | Profile | $214.2 | |
| Washington Federal Inc. | 10/27/08 | Press Release | $200 | |
| MB Financial | 11/07/08 | Press Release | $196 | |
| First Midwest Bancorp | 11/10/08 | Profile | $193 | |
| First Niagara | 10/27/08 | Profile | $184 | |
| Pacific Capital Bancorp | 11/06/08 | Profile | $180.6 | |
| United Community Banks | 11/18/08 | Press Release | $180 | |
| Boston Private Financial Holdings | 11/19/08 | Press Release | $154 | |
| Provident Bankshares Corp. | 10/27/08 | Press Release | $151 | |
| Old National Bancorp | 10/27/08 | Press Release | $150 | |
| National Penn Bancshares | 11/26/08 | Press Release | $150 | |
| Western Alliance Bancorporation | 11/13/08 | Profile | $140 | |
| CVB Finanical | 11/19/08 | Press Release | $130 | |
| Sterling Bancshares | 12/02/08 | Press Release | $125 | |
| Banner Corp | 11/04/08 | Profile | $124 | |
| Signature Bank | 11/13/08 | Profile | $120 | |
| IBERIABANK Corp | 11/18/08 | Profile | $115 | |
| Taylor Capital | 11/12/08 | Press Release | $104.8 | |
| Park National Corporation | 12/02/2008 | Press Release | $100 | |
| Pinnacle Financial | 11/25/08 | Press Release | $95 | |
| Midwest Banc | 11/07/08 | Profile | $85.5 | |
| Sandy Spring Bancorp | 11/20/08 | Press Release | $83 | |
| First Financial Bancorp | 10/31/08 | Press Release | $80 | |
| Columbia Banking System | 11/04/08 | Press Release | $76.9 | |
| TowneBank | 11/26/08 | Press Release | $76.5 | |
| WesBanco | 11/06/08 | Press Release | $75 | |
| Green Bankshares | 11/25/08 | Press Release | $72.3 | |
| Independent Bank Corp | 11/24/08 | Press Release | $72 | |
| Virginia Commerce Bancorp | 11/26/08 | Press Release | $71 | |
| Southwest Bancorp | 11/20/08 | Press Release | $70 | |
| Superior Bancorp | 11/18/08 | Press Release | $69 | |
| Nara Bancorp | 11/14/08 | Profile | $67 | |
| First Financial Holdings | 12/01/08 | Press Release | $65 | |
| Wilshire Bancorp | 11/20/08 | Press Release | $62 | |
| Great Southern Bancorp | 11/17/08 | Profile | $60 | |
| Center Financial Corp | 11/24/08 | Press Release | $55 | |
| Ameris Bancorp | 11/21/08 | Press Release | $52 | |
| NewBridge Bancorp | 11/25/08 | Press Release | $52 | |
| Home BancShares, Inc. | 11/21/08 | Press Release | $50 | |
| Fidelity Southern Corp | 11/24/08 | Press Release | $48.2 | |
| The Bancorp | 11/25/08 | Press Release | $45.2 | |
| Capital Bank | 11/17/08 | Press Release | $42.9 | |
| Southern Community Financial | 11/18/08 | Press Release | $42.8 | |
| First Community Bancshares | 10/30/08 | Press Release | $41.5 | |
| Simmons First National | 10/30/08 | Profile | $40 | |
| Heritage Commerce Corp | 11/05/08 | Press Release | $40 | |
| Cascade Financial Corp | 11/03/08 | Press Release | $39 | |
| Peoples Bancorp | 11/13/08 | Profile | $39 | |
| Eagle Bancorp | 11/21/08 | Press Release | $38.2 | |
| TIB Financial Corp | 12/01/08 | Press Release | $37 | |
| First Defiance Financial Corp | 11/24/08 | Press Release | $37 | |
| State Bancorp | 11/25/08 | Press Release | $36 | |
| Porter Bancorp | 11/12/08 | Profile | $35 | |
| Encore Bancshares | 11/13/08 | Press Release | $34 | |
| Peapack-Gladstone Financial | 11/20/08 | Press Release | $28.7 | |
| Bank of Marin Bancorp | 12/02/08 | Press Release | $28 | |
| CenterState Banks of Florida, Inc. | 11/24/08 | Press Release | $27.9 | |
| Intermountain Community Bancorp | 11/07/08 | Profile | $27 | |
| Washington Banking Company | 12/01/08 | Press Release | $26.4 | |
| LNB Bancorp | 11/20/08 | Press Release | $25.2 | |
| First California Financial Group | 12/02/08 | Press Release | $25 | |
| HF Financial Corp | 10/27/08 | Press Release | $25 | |
| Horizon Bancorp | 11/26/08 | Press Release | $25 | |
| VIST Financial Corp | 11/24/08 | Press Release | $25 | |
| Bridge Capital Holdings | 11/25/08 | Press Release | $24 | |
| Heritage Financial | 11/04/08 | Press Release | $24 | |
| Severn Bancorp | 11/18/08 | Press Release | $23.4 | |
| Wainwright Bank & Trust | 11/20/08 | Press Release | $22 | |
| Indiana Community Bancorp | 11/20/08 | Press Release | $21.5 | |
| Unity Bancorp | 11/24/08 | Press Release | $20.6 | |
| Citizens South Banking Corp | 12/01/08 | Press Release | $20.5 | |
| First PacTrust Bancorp, Inc. | 11/12/08 | Profile | $19.3 | |
| HopFed Bancorp | 11/20/08 | Press Release | $18.4 | |
| Bank of Commerce | 11/13/08 | Profile | $17 | |
| 1st Financial Services | 11/14/08 | Press Release | $16.3 | |
| Valley Financial Corp | 11/26/08 | Press Release | $16 | |
| Community West Bancshares | 11/14/08 | Press Release | $15.6 | |
| First Community Corp | 11/25/08 | Press Release | $11.4 | |
| Mid Penn Bancorp | 11/26/08 | Press Release | $10 | |
| Broadway Financial Corporation | 11/14/08 | Profile | $9 | |
| FFW Corp | 10/29/08 | Press Release | $7.3 | |
| Central Federal Corp | 11/24/08 | Press Release | $7.2 | |
| American River Bankshares | 11/24/08 | Press Release | $6 | |
| Capital Pacific Bancorp | 11/06/08 | Press Release | $4 | |
| Seacoast Commerce Bank | 12/01/08 | Press Release | $1.8 | |
| Saigon National | 10/27/08 | Press Release | $1.2 | |
