Tarp Funds: Southern California Banks That Still Owe

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.

BING NEWS:
  • 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 - 9:00 pm | View Link
  • Facebook’s IPO Finra Test, TARP, Bank Reports: Compliance
    Finra ... funds aren’t yet required to clear trades under Dodd-Frank, with the mandate expected to be in place by next year. Judith Burns, a spokeswoman for the SEC, declined to comment. For more, click here. The U.S. Treasury may pool stakes in small ...
    05/18/2012 - 2:19 am | View Link
  • Facebook’s IPO Finra Test, TARP, Bank Reports: Compliance
    By combining stakes of small banks, the department may be able to attract investors who wouldn’t want to buy shares of those banks individually. Most of the 343 bailed-out banks still in TARP will be unable to repay $12 billion in taxpayer funds they ...
    05/18/2012 - 1:04 am | View Link
  • 6 Banks That Still Need To Roll Up Their TARP
    Nearly 84% of TARP funds ... in the Southern states. Zions Bancorp (Nasdaq:ZION) Although Zions loaned much less to individuals (and much more to companies) during the bubble, the company had heavy exposure to Western states like Arizona and California.
    03/7/2011 - 11:00 am | View Link
  • More banks missing TARP dividend payments
    The Treasury report showed that at the end of August, a record six banks each missed six dividend payments. Saigon National Bank in Southern California has missed seven ... recovered three-quarters of the TARP funds invested in banks.
    09/12/2010 - 1:00 pm | View Link
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    The Treasury Department has invested about $200 billion in hundreds of banks though its Capital Purchase Plan in an effort to prop up capital and support new lending.
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  • Troubled Asset Relief Program
    The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its ...
    12/20/2014 - 7:18 am | View Website
  • Emergency Economic Stabilization Act of 2008
    The Emergency Economic Stabilization Act of 2008 (Division A of , 122 Stat., enacted October 3, 2008), commonly referred to as a bailout of the U.S. financial system ...
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