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:
  • Small Banks Clutch A Government Lifeline
    The banks, which received funds through the Troubled Asset Relief Program ... wiping out the taxpayers' shares in the bank. California's Saigon National Bank owes roughly $1.5 million, plus an additional $390,000 in missed dividend payments.
    09/24/2013 - 10:52 am | View Link
  • TARP funds: Southern California banks that still owe
    Status: Gerald R. Ford investor group took over troubled institution in April 2010, providing $500 million in new capital. Deal gave Treasury Department 11% stake in bank. Pending sale to UnionBanCal Corp. would more than double Ford's money and yield ...
    07/5/2012 - 3:27 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
  • 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 - 2:16 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.
    03/10/2011 - 11:00 am | View Link
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    04/22/2014 - 7:31 pm | View Website
  • The New Ownership Society: Federal Reserve Bank, U.S ...
    24 Responses to “The New Ownership Society: Federal Reserve Bank, U.S. Treasury, and the FDIC – FYI, We Already Own More Than you Think.”
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