Show Me the TARP Money

(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.

Subscribe to our special RSS bailout feed, which shows the latest institutions to be accepted into the bailout program. Or put a bailout watch widget on your site.

 

Map of institutions receiving TARP money (see a bigger version of this map):

Map data ©2008 Europa Technologies – Terms of Use

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
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