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:
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    While demolition wasn’t explicitly part of the initial program, policymakers are right to use the money to remove decaying properties, said Raphael Bostic, director of the Bedrosian Center at the University of Southern California. “When a lot of these ...
    03/3/2014 - 1:38 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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