WOW - so here's where the money's gone SO FAR!!!

Posted by Andrew at 11/26/2008 9:33 PM
Categories: Work, Finance, America, TARP

Tracking the $700 Billion Bailout (New York Times linked source)

Dozens of banks and a handful of insurers have applied for funds from the Treasury Department as part of the $700 billion Troubled Asset Relief Program. The Treasury has transferred capital to 30 of these companies and to A.I.G. More are expected to announce their participation in the coming weeks.

All amounts below are in millions.
Nov. 24
CitigroupCitigroup
Bank
New York
$45,000
Yes
$65,700
$74,000
Nov. 10
AIGAIG
Insurer
New York
$40,000

N.A.
N.A.
Oct. 14
JPMorgan ChaseJPMorgan Chase
Bank
New York
$25,000
Yes
N.A.
N.A.
Oct. 14
Wells FargoWells Fargo
Bank
San Francisco
$25,000
Yes
$17,700
$41,800
Oct. 14
Bank of AmericaBank of America
Bank
Charlotte, N.C.
$15,000
Yes
$27,400
$55,700
Oct. 14
Goldman SachsGoldman Sachs
Bank
New York
$10,000
Yes
$4,900
$20,500
Oct. 14
Merrill LynchMerrill Lynch
Bank
New York
$10,000
Yes
$55,900
$29,900
Oct. 14
Morgan StanleyMorgan Stanley
Bank
New York
$10,000
Yes
N.A.
N.A.
Oct. 24
PNCPNC
Bank
Pittsburgh, Pa.
$7,700

N.A.
N.A.
Nov. 03
U.S. BancorpU.S. Bancorp
Bank
Minneapolis
$6,599
Yes
$2,200
$6,600
Oct. 27
Capital OneCapital One
Bank
McLean, Va.
$3,555
Yes
N.A.
N.A.
Oct. 24
Regions FinancialRegions Financial
Bank
Birmingham, Ala.
$3,500
Yes
N.A.
N.A.
Oct. 27
SunTrustSunTrust
Bank
Atlanta
$3,500
Yes
N.A.
N.A.
Oct. 28
Fifth ThirdFifth Third
Bank
Cinncinati
$3,450

$2,700
$2,600
Nov. 14
The HartfordThe Hartford
Insurer
Hartford
$3,400

N.A.
N.A.
Oct. 27
BB&TBB&T
Bank
Winston-Salem, N.C.
$3,134
Yes
N.A.
N.A.
Oct. 14
Bank of New York MellonBank of New York Mellon
Bank
New York
$3,000
Yes
N.A.
N.A.
Oct. 27
KeyCorpKeyCorp
Bank
Cleveland
$2,500
Yes
$1,600
$4,200
Nov. 17
CIT GroupCIT Group
Lender
New York
$2,500
 
N.A.
N.A.
Oct. 27
ComericaComerica
Bank
Dallas
$2,250
Yes
N.A.
N.A.
Oct. 14
State StreetState Street
Bank
Boston, Mass.
$2,000
Yes
N.A.
N.A.
Nov. 18
Principal Financial GroupPrincipal Financial Group
Bank
Des Moines, Iowa
$2,000
 
N.A.
N.A.
Nov. 14
Marshall & IlsleyMarshall & Ilsley
Bank
Milwaukee, Wis.
$1,715
Yes
$1,500
$1,700
Oct. 27
Northern TrustNorthern Trust
Bank
Chicago
$1,576
Yes
N.A.
N.A.
Oct. 28
ZionsZions
Bank
Salt Lake City
$1,400
Yes
N.A.
N.A.
Oct. 27
HuntingtonHuntington
Bank
Columbus, Ohio
$1,398
Yes
N.A.
N.A.
Nov. 14
Synovus Synovus
Bank
Columbus, Ga.
$973

N.A.
N.A.
Oct. 24
First Horizon NationalFirst Horizon National
Bank
Memphis, Tenn.
$867
Yes
N.A.
N.A.
Nov. 07
ETradeETrade
Bank
New York
$800

$4,100
$2,200
Nov. 13
Colonial BancGroupColonial BancGroup
Bank
Montgomery, Ala.
$570

N.A.
N.A.
Nov. 06
Associated BankAssociated Bank
Bank
Green Bay, Wis.
$530

N.A.
N.A.
Nov. 07
Webster FinancialWebster Financial
Bank
Waterbury, Conn.
$400

N.A.
N.A.
Oct. 27
City NationalCity National
Bank
Beverly Hills, Calif.
$395

N.A.
N.A.
Nov. 17
Astoria FinancialAstoria Financial
Bank
Lake Success, N.Y.
$375

N.A.
N.A.
Nov. 03
TCF FinancialTCF Financial
Bank
Wayzata, Minn.
$361
Yes
N.A.
N.A.
Nov. 14
The South Financial GroupThe South Financial Group
Bank
Greenville, S.C.
$347

N.A.
N.A.
Nov. 14
East West BankEast West Bank
Bank
Pasadena, Calif.
$316

N.A.
N.A.
Nov. 24
Sterling FinancialSterling Financial
Bank
Spokane, Wash.
$303
 
N.A.
N.A.
Nov. 14
Citizens RepublicCitizens Republic
Bank
Flint, Mich.
$300

N.A.
N.A.
Oct. 24
Valley NationalValley National
Bank
Wayne, N.J.
$300
Yes
N.A.
N.A.
Nov. 19
SusquehannaSusquehanna
Bank
Lititz, Pa.
$300
 
N.A.
N.A.
Oct. 27
UCBH HoldingsUCBH Holdings
Bank
San Francisco
$299
Yes
N.A.
N.A.
Oct. 29
WhitneyWhitney
Bank
New Orleans
$282

N.A.
N.A.
Nov. 13
FirstMeritFirstMerit
Bank
Akron, Ohio
$248

N.A.
N.A.
Nov. 06
TrustmarkTrustmark
Bank
Jackson, Miss.
$215

N.A.
N.A.
Oct. 28
Umpqua HoldingsUmpqua Holdings
Bank
Portland, Ore.
$214
Yes
N.A.
N.A.
Oct. 28
IBC BankIBC Bank
Bank
Laredo, Tex.
$200

N.A.
N.A.
Oct. 26
Washington FederalWashington Federal
Bank
Seattle, Wash.
$200
Yes
N.A.
N.A.
Nov. 10
First Midwest BankFirst Midwest Bank
Bank
Itasca, Ill.
$193

N.A.
N.A.
Nov. 06
Pacific CapitalPacific Capital
Bank
Santa Barbara, Calif.
$188

N.A.
N.A.
Oct. 27
First NiagaraFirst Niagara
Bank
Buffalo
$186

N.A.
N.A.
Nov. 18
United Community BanksUnited Community Banks
Bank
Blairsville, Ga.
$180
 
N.A.
N.A.
Oct. 27
Provident BankProvident Bank
Bank
Montebello, N.Y.
$152
Yes
N.A.
N.A.
Oct. 27
Old NationalOld National
Bank
Evansville, Ind.
$150

N.A.
N.A.
Nov. 19
Boston Private Financial HoldingsBoston Private Financial Holdings
Bank
Boston
$150

N.A.
N.A.
Nov. 04
Banner BankBanner Bank
Bank
Walla Walla, Wash.
$143

N.A.
N.A.
Nov. 13
Western AllianceWestern Alliance
Bank
Las Vegas
$140

N.A.
N.A.
Nov. 19
CVB FinancialCVB Financial
Bank
Ontario, Calif.
$130
 
N.A.
N.A.
Nov. 18
Texas CapitalTexas Capital
Bank
Dallas
$130
 
N.A.
N.A.
Nov. 13
Signature BankSignature Bank
Bank
New York
$120

N.A.
N.A.
Nov. 18
IBERIABANKIBERIABANK
Bank
Lafayette, La.
$115
 
N.A.
N.A.
Nov. 12
Taylor CapitalTaylor Capital
Bank
Rosemont, Ill.
$105

N.A.
N.A.
Nov. 03
Midwest BancMidwest Banc
Bank
Melrose Park, Ill.
$98

N.A.
N.A.
Nov. 18
Pinnacle FinancialPinnacle Financial
Bank
Nashville, Tenn.
$95

N.A.
N.A.
Oct. 31
First FinancialFirst Financial
Bank
Cinncinati
$80

N.A.
N.A.
Nov. 04
Columbia Banking SystemColumbia Banking System
Bank
Tacoma, Wash.
$77

N.A.
N.A.
Nov. 14
Nara Nara
Bank
Los Angeles
$67

N.A.
N.A.
Nov. 20
WilshireWilshire
Bank
Los Angeles
$62
 
N.A.
N.A.
Oct. 31
AmericanWestAmericanWest
Bank
Spokane, Wash.
$57

N.A.
N.A.
Nov. 24
Center FinancialCenter Financial
Bank
Los Angeles, Calif.
$55
 
N.A.
N.A.
Oct. 30
First CommunityFirst Community
Bank
Bluefield, Va.
$43

N.A.
N.A.
Nov. 18
Southern Community GroupSouthern Community Group
Bank
Winston-Salem, N.C.
$43
 
N.A.
N.A.
Nov. 05
Heritage Commerce Heritage Commerce
Bank
San Jose, Calif.
$40

N.A.
N.A.
Oct. 30
Simmons FirstSimmons First
Bank
Pine Bluff, Ark.
$40

N.A.
N.A.
Nov. 03
Cascade FinancialCascade Financial
Bank
Everett, Wash.
$39

N.A.
N.A.
Nov. 14
Peoples Peoples
Bank
Marietta, Ohio
$39

N.A.
N.A.
Nov. 12
Porter BankPorter Bank
Bank
Louisville, Ky.
$39

N.A.
N.A.
Nov. 17
OceanFirst FinancialOceanFirst Financial
Bank
Toms River, N.J.
$38
 
N.A.
N.A.
Nov. 13
Encore BankEncore Bank
Bank
Houston
$34

N.A.
N.A.
Nov. 17
Bancorp Rhode IslandBancorp Rhode Island
Bank
Providence, R.I.
$30

N.A.
N.A.
Nov. 04
HeritageHeritage
Bank
Olympia, Wash.
$28

N.A.
N.A.
Nov. 07
Intermountain CommunityIntermountain Community
Bank
Sandpoint, Idaho
$27

N.A.
N.A.
Oct. 27
HF FinancialHF Financial
Bank
Sioux Falls, S.D.
$25

N.A.
N.A.
Nov. 20
LNBLNB
Bank
Lorain, Ohio
$25
 
N.A.
N.A.
Nov. 12
First PacTrustFirst PacTrust
Bank
Chula Vista, Calif.
$19

N.A.
N.A.
Nov. 13
Bank of Commerce HoldingsBank of Commerce Holdings
Bank
Redding, Calif.
$17
Yes
N.A.
N.A.
Nov. 14
1st FS1st FS
Bank
Hendersonville, N.C.
$16
Yes
N.A.
N.A.
Nov. 03
PamrapoPamrapo
Bank
Bayonne, N.J.
$11

N.A.
N.A.
Nov. 14
Broadway FinancialBroadway Financial
Bank
Los Angeles
$9
Yes
N.A.
N.A.
N.A.
FPB BancorpFPB Bancorp
Bank
Port St. Lucie, Fla.
$6

N.A.
N.A.
Nov. 24
American River BanksharesAmerican River Bankshares
Bank
Rancho Cordova, Calif.
$6
 
N.A.
N.A.
Nov. 06
Capital Pacific BankCapital Pacific Bank
Bank
Portland, Ore.
$4

N.A.
N.A.
Nov. 14
CMSCMS
Bank
White Plains, N.Y.
$3

N.A.
N.A.
Oct. 27
Saigon NationalSaigon National
Bank
Westminster, Calif.
$1

N.A.
N.A.
Nov. 17
Bank of the OzarksBank of the Ozarks
Bank
Little Rock, Ark.
N.A.

N.A.
N.A.
Oct. 30
Mackinac FinancialMackinac Financial
Bank
Manistique, Mich.
N.A.

N.A.
N.A.
Nov. 20
Oriental Financial GroupOriental Financial Group
Bank
San Juan, Puerto Rico
N.A.
 
N.A.
N.A.
Nov. 18
Protective Protective
Insurer
Birmingham, Ala.
N.A.
 
N.A.
N.A.
Nov. 18
IntegraIntegra
Bank
Evansville, Ind.
N.A.
 
N.A.
N.A.

* Credit losses and asset writedowns since the collapse of the U.S. subprime mortgage market in early 2007. † Capital raised to offset losses has been tracked since July 2007. Figures include common stock, preferred shares, subordinated debt, hybrid securities and equity stakes.

Sources: Treasury; Bloomberg; Dow Jones; the companies

 

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