A list of Southern California banks that as of June 6 had not repaid all funds from the U.S. Treasury's Troubled Asset Relief Program, with missed quarterly dividend payments.

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  • TARP 101: financial experts weigh TARP pros and cons.
    No bank's marketing department would ever call a program that lends federal money to strong banks as "troubled asset relief ... and employees to its PGA-sponsored golf tournament in Southern California, also says it will return the $1.5 billion capital ...
    06/29/2016 - 1:00 pm | View Link
  • TARP funds: Southern California banks that still owe
    Comment: CFO James Burgess: "We'd like to pay it back as soon as the regulators allow it. We have another two years before the dividend goes to 9%." Status: Being acquired by First California Financial Group, parent of First California Bank of Westlake ...
    07/5/2012 - 1:00 pm | View Link
  • Treasury Aims to Raise $220 Million Auctioning Stakes in 7 TARP Banks
    The central component of the TARP program was the Capital Purchase Program, in which the government bought preferred shares in hundreds of banks in 2008 and ... have yet to repay their CPP funds. As follows: Fidelity Southern Corporation (LION), based ...
    06/25/2012 - 11:32 pm | View Link
  • 21 Banks Exit TARP, Paying Back $356 Million
    We've been documenting how the advent of the Small Business Lending Fund has hastened the rate at which smaller banks are repayiing the TARP funds they took from ... from the country club she owns in Southern California to cook "black people food ...
    09/28/2011 - 4:34 am | View Link
  • More banks missing TARP dividend payments
    Saigon National Bank in Southern California has missed seven ... In addition, they note that taxpayers have already recovered three-quarters of the TARP funds invested in banks. Others expect the problem of missed dividend repayments to continue to ...
    09/12/2010 - 1:00 pm | View Link
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