Troubled Assets Relief Program (TARP) 

Monthly 105(a) Report – August 2010 

S

This report to Congress is pursuant to Section 105(a) of the Emergency Economic Stabilizat
Monthly 105(a) Report 

Section Key Developments ..................................................................................................................Where is TARP Money Going? .......................................................................................................................

• Existing TARP Budget; Commitments, Disbursements and Repayments 

Program Updates .....................................................................................................................

• Dividends and Interest • Capital Purchase Program • Automotive Industry Financing Program • Consumer and Bank Lending Initiatives 

3⁄4 Community Development Capital Initiative3⁄4 SBA 7(a) Securities Purchase Program 

• Home Affordable Modification Program • Hardest Hit Fund 

For Your Information – Links to Other TARP Reports .......................................................................Certification ..............................................................................................................................Appendices

Appendix 1 – Description of TARP Programs & How Treasury Exercises Its Voting Rights 

Appendix 2 – Financial Statement 
Monthly 105(a) Report 

 

Treasury is pleased to present the Office of Financial Stability’s Monthly 105(a) Report for August 2010. The Troubled Assets Relief Program or TARP was established pursuant to the Emergency Economic Stabilization Acwas adopted on October 3, 2008 in response to the worst financial crisis since the Great Depression. Treasury has used the TARP authority to make investments that have helped to stabilize the financial system, restore our financial institutions, restart markets that are critical to financing American households and businesses, and prevthe housing market and keep people in their homes. The actions taken under TARP, together with the American Recovery and Reinvestment Act of 2009 and other actio

succeeded in helping to stabilize the financial system and restore the conditions necessary for economic growth. Moreoat a much lower cost, than anticipated. Final authority to make commitments under TARP will expire on October 3, 2010. Thereafter, Treasury will continue continue to manage remaining investments in a way that protects taxpayers and supports our financial and economic re

• Treasury has recovered more than 75 percent of the TARP funds provided to banks, and expects these capita

provide a positive return to taxpayers. 

• As a result of improved economic conditions and careful stewardship, the expected cost of TARP continue

Session Review of the President’s 2010 Budget last August, the cost of TARP was projected to be $341 billion; review of the 2011 Budget, the estimated cost of TARP was over $225 billion lower.1

• The passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act will accelerate the wind 

Assets Relief Program. Treasury has revised the TARP budget so that total expenditures will not exceed $47third lower than the $700 billion originally authorized. 

• Of the $475 billion authorized and $386 billion paid out, Treasury has recovered nearly $200 billion to date, a

most of the funds that have been invested. 

While our economy continues to go through a difficult period, the actions taken under TARP have put us in a much strchallenges we continue to face. 

1 Projected cost represents deficit impact. 
Monthly 105(a) Report 

 

3⁄4 Home Affordable Modification Program. The Servicer Performance Report through July 2010 with data o

programs was released, and the Department of Housing and Urban Development (HUD) and Treasury releaScorecard with data on the nation’s housing market.

Key Developments The following key developments took place during August 2010: • Return on TARP investments

Treasury received $666 million in dividends, interest and distributions from TARP investments, including approximthe Capital Purchase Program and $311 million in dividend income from Ally Financial (GMAC). Cumulativprograms is now more than $25 billion. Also under the Capital Purchase Program, Treasury received repayments banks. 

• General Motors Initial Public Offering 

General Motors filed a registration statement with the Securities and Exchange Commission for an initial public offe

Treasury agreed to be named as a selling shareholder. The offering is expected to occur before the end of the yearight, at all times, to decide whether and at what level to participate in the public stock offering. 

• Community Development Capital Initiative for small banks

Treasury continues to implement this initiative under which capital is provided to community development financiacommunities underserved by traditional financial institutions. Nine financial institutions exchanged approximatelPurchase Program investments for an equivalent amount of investment with Treasury. Treasury made an additmillion in one institution at the time of the exchange. 

• Housing programs 

3⁄4 Hardest Hit Fund. Treasury announced the third funding under the Hardest Hit Fund program to allocate $

states and the District of Columbia that have been hardest hit by high unemployment. The states include 

Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Mississippi, Nevada, New Jersey, North Carolina, OIsland, South Carolina, and Tennessee. Plans from state Housing Finance Agencies in North Carolina, Ohio, Oregon, Rhode Island, and South CHardest Hit Fund program were approved in August. The state agencies can begin to use the $600 million initiatives that prevent avoidable foreclosures by assisting struggling homeowners in five states with high con

living in economically distressed areas. 
Monthly 105(a) Report 

Where is TARP Money Going? Treasury has used the TARP authority to make investments that have helped to stabilize the financial system, restore our financial institutions, restart markets that are critical to financing American households and businesses, and prevthe housing market and keep people in their homes. A large part of the total investments occurred in 2008 under the Capital Purchase Program. The commitments madamounts extended under the Obama Administration’s Financial Stability Plan. These include funds committed under TUnder TARP, the Legacy Securities Public Private Investment Program, the Automotive Industry Financing Program, 

Capital Initiative and the SBA 7(a) Securities Purchase Program, and the other programs described below and in Appe

Existing TARP Budget; Commitments, Disbursements and Repayments As of August 31, 2010, not more than $475 billion had been planned for TARP programs and of that amount, approxim

• $460 billion has been committed under signed contracts. • $386 billion has been paid out by Treasury under those contracts. • $199 billion has been repaid to Treasury. 

The charts below show, as of August 31, 2010: 

(i) A summary of the planned TARP investment amounts together with the total funds disbursed and investments 

by program; and 

(ii) The amount of TARP investments by both the amount obligated – or committed for investment – and the 

actually paid out, over each month since inception. 

2 Taxpayers can track progress on all of the financial stability programs on Treasury’s website www.FinancialStability.gov. Specifically, taxp

repayments within two business days of closing in the TARP transaction reports at www.FinancialStability.gov/latest/reportsanddocs.html. 
Monthly 105(a) Report 

Figure 1: TARP Summary through August 2010 ($ billions)3

Capital Purchase Program $ 204.89 $ 204.89 $ 204

Citigroup repayment* 

Targeted Investment Program $ 40.00 $ 40.00 $ 40

Asset Guarantee Program $ 5.00 $ 0.00 $ 0

Consumer and Business Lending Initiative** $ 5.48 $ 5.37 $ 0Legacy Securities Public-Private Investment Program $ 22.41 $ 22.41 $ 13

AIG $ 69.84 $ 69.84 $ 47

Auto Industry Financing Program $ 81.76 $ 81.76 $ 79

Treasury Housing Programs*** $ 45.63 $ ** 30.86 * $ 

0

 Totals $475.00 ** $460.12 $386

Planned 

Investments Commitments Total Disbu

* Of the $10.51 billion in proceeds from Citigroup common stock sales as of June 30, 2010, $8.48 billion is reflected as repayment, and $2.03 Figure 5). Together with the other Capital Purchase Program (CPP) repayments, the total amount of CPP repayments is $147.53 billion. ** $5.48 billion has been reserved for the Consumer and Business Lending Initiative, of which $4.3 billion has been allocated to TALF. $4

purchases and $780 million is planned for the Community Development Capital Initiative. *** Planned TARP funds for housing include (i) approximately $30.6 billion in funds that may be provided to servicers under existing agreemen

Program (MHA), (ii) $4.1 billion for the Hardest Hit Fund program and (iii) not more than $11 billion which will be used for the FHA Refinance Prog

3 Numbers in text and tables in this report may not add up because of rounding. 
Monthly 105(a) Report 

Figure 2: Funds committed and paid out under TARP from October 2008 through August 2010 

$0

$20$40$60$80

$100$120$140$160$180

Billions

Amount Committed to Specific Institutions Each Month (Left Scale) Amount Paid Out in Each Month (Left SCumulative Amount Committed to Specific Institutions (Right Scale) Cumulative Amount Paid Out (Right Sc
Monthly 105(a) Report 

Program Updates Dividends and Interest

Most of the TARP money has been used to make investments in preferred stock or loans of financial institutions. • In August, Treasury received approximately $666 million in dividends, interest and distributions from TARP investm

• Cumulative proceeds from TARP investments has reached more than $25 billion, consisting of more than $1

interest, distributions and other income, and more than $7 billion of warrant sales from Capital Purchase ProgrInvestment Program investments. 

Treasury’s Dividends and Interest Reports for TARP programs are available at http://www.FinancialStability.gov/latest/r

Figure 3 shows total income from dividends, interest and distributions, other income and warrant sales in all TARP progFigure 3: Total dividends, warrant proceeds and other income from TARP investments through August 2010 ($ 

CPP

$11.83 

Other Income

$0.14 

CPP & TIP 

Warrant 

Proceeds

$7.20 

PPIP

$0.14 

AGP

$0.41 

AIFP

$2.61 

TIP

$3.00 
Monthly 105(a) Report 

Capital Purchase Program

Treasury created the Capital Purchase Program in October 2008 to stabilize the financial system by providing capita

throughout the nation. This program is now closed; Treasury estimates the program will result in a positive approximately $205 billion invested, more than $148 billion has already been repaid.4

Figure 4 shows the cumulative Capital Purchase Program activity since program inception. Figure 4: Capital Purchase Program Snapshot since inception 

Number of Institutions: 707 Total Dividends and Interest: Amount Invested: $205 billion August Dividends and Interest: $332.60 millionLargest Investment: $25 billion Citigroup Income:* 

Smallest Investment: $301,000

Total Fee Income: 

Total Warrant Income:** 

Total Amount of Repayments: $139.05 billion Number of Institutions: 64 Citigroup Repayments:* $8.48 billion CPP Repurchase Amount: $3.12 billion

 CPP & TIP Auction Amount: $4.08 billion

 Number of Institutions Fully Repaid: 80 Number of Institutions Partially Repaid: 9 Number of Institutions Exchanged to CDCI: 11 CPP Total Income: * Represents repayment and income as of June 30, 2010, respectively, from $10.51 billion of proceeds **Includes TIP warrants and proceeds from exercis

CPP RepaymentsCPP Cumulative Investments CPP Income to Treasury

* Banks in 48 states, D.C. and Puerto Rico

Repayments Under the Capital Purchase Program, Treasury received repayments of $123 million from three banks. 80 of the banks that received investments under the Capital Purchase Program have repaid Treasury in full. Treafederal banking regulators who must evaluate requests from banks interested in repaying Treasury’s investment. In August, nine banks exchanged Treasury’s investments into the Community Development Capital Initiative (see below4 Further information on the Capital Purchase Program is available in Appendix 1 and at http://www.FinancialStability.gov/roadtostability/capitalpu
Monthly 105(a) Report 

Dividends and InterestDividends and interest received from Capital Purchase Program received in August was approximately $333 million. Cumulative dividends and interest received from Capital Purchase Program investments is approximately $9.8 billion. Missed Payments For the quarterly dividend payment in August, 123 institutions missed payments, excluding the four institutions that receivership at the time the quarterly payment was due, consisting of 96 cumulative dividend payments (approximcumulative dividend payments (approximately $1.8 million), and 8 S-corporation interest payments (approximately $1banks have missed four payments, 15 banks have missed five, 6 banks have missed six, and one bank has missed sevBoard Observers and DirectorsEach bank in the Capital Purchase Program entered into a securities purchase agreement with Treasury that provides (or interest) at a certain rate. Treasury does not have a contractual right to demand these quarterly payments. Rathergoverning contracts, the bank’s board of directors, using the directors’ best business judgment, decides when and hcapital including whether to make dividend (or interest) payments. However, Treasury has the contractual right to nothe board of directors of an institution after an institution has six unpaid quarterly dividend (or interest) payments. If an institution misses five dividend (or interest) payments, Treasury may request permission to send qualified membStability staff to act as observers to help determine how to best exercise its contractual rights to nominate up to two diremembers to the board of directors becomes exercisable, Treasury will determine whether to nominate up to two mem

be based on Treasury’s evaluation of the condition and health of the institution and the functioning of its board of directprovided by the observers. If Treasury decides to nominate directors, Treasury will then nominate such members from screened by executive search firms engaged by Treasury for this purpose. Unlike observers, government employeebanks participating in the Capital Purchase Program. The information provided by the observer will help Treasury prioritize the nomination of directors at banks that have sand select the best candidates for such positions. In this manner, Treasury can protect the interests of the taxpayforgoing its contractual rights under the securities purchase agreement. Treasury will prioritize institutions in part basexceeds $25 million. Further information regarding Treasury’s right to nominate members to an institution’s board of directors, and FAQs ohttp://www.FinancialStability.gov/roadtostability/capitalpurchaseprogram.html. 
Monthly 105(a) Report 

Dispositions The overriding objective of EESA was to “restore liquidity and stability to the financial system of the United States” in overall returns to the taxpayers.” Consistent with the statutory requirement, Treasury’s four portfolio management gu

are: (i) protect taxpayer investments and maximize overall investment returns within competing constraints; (ii) prom

disruption of financial markets and the economy; (iii) bolster market confidence to increase private capital inveinvestments as soon as practicable, in a timely and orderly manner that minimizes financial market and economic impa

• Ongoing Citigroup common stock sales 

3⁄4 Pursuant to the June 2009 Exchange Agreement between Treasury and Citigroup, which was part of a ser

conducted by Citigroup to strengthen its capital base, Treasury exchanged the $25 billion in preferred connection with Citigroup’s participation in the Capital Purchase Program for approximately 7.7 billion share

a price of $3.25 per share. 

3⁄4 In July, Treasury entered into a third pre-arranged written trading plan with its sales agent that provided dis

sell 1.5 billion additional shares under certain parameters. Because Treasury will not sell shares during the Citigroup in advance of its third quarter earnings release, which period is expected to begin on October 1, 2plan will terminate on September 30, 2010 even if all shares have not been sold by that time.5

3⁄4 Under the two previous trading plans, and as of June 30, 2010, Treasury sold approximately 2.6 billio

common stock at an average price per share of $4.03, for total gross proceeds of approximately $10.5 billion

3⁄4 To enable these sales, Citigroup filed a prospectus supplement with the Securities and Exchange 

Treasury’s common stock. These sales of common stock do not include Treasury’s holdings of Citigroup truor warrants for common stock. 

• Exchange for other securities 

In limited cases, in order to protect the taxpayers’ interest in the value of a Capital Purchase Program invesstability, Treasury may participate in exchanges of preferred stock for other securities or in a direct dispositinvestors who are able to provide fresh equity investment, conduct a capital restructuring or otherwise strengthbank. 

5 In August, Treasury sold approximately 680 million shares of Citigroup common stock at an average price per share of $3.846, for gross procee
Monthly 105(a) Report 

3⁄4 Treasury completed the exchange of its $303 million of preferred stock in Sterling Financial Corporatio

amount of mandatorily convertible preferred stock, pursuant to the terms of the exchange agreement bSterling from April 2010. Since Sterling also fulfilled the conversion conditions set forth in the mandatorily stock, including those related to its capital plan, Treasury’s $303 million of mandatorily convertible prefconverted into 378,750,000 shares of common stock. 

3⁄4 Following the completion of the conditions related to the capital plan of Pacific Capital Bancorp, Treasury e

million of preferred stock in Pacific Capital for $195.05 million of mandatorily convertible preferred stock, einvestment amount plus capitalized previously accrued and unpaid dividends. Subject to the fulfillment certain conditions, including regulatory approval and the completion of an increase in authorized shares avthe mandatorily convertible preferred stock may be subject to early conversion into common stock at the opt

3⁄4 Treasury entered into an exchange agreement with Hampton Roads Bankshares, Inc. (Hampton Roads) to 

$80.35 million of preferred stock for an equivalent amount of mandatorily convertible preferred stock. Compis subject to certain closing conditions, including receipt of regulatory approvals and the satisfactory complet

Automotive Industry Financing Program

General Motors filed a registration statement with the Securities and Exchange Commission for an initial public offe

Treasury agreed to be named as a selling shareholder. The offering is expected to occur before the end of the yearright, at all times, to decide whether and at what level to participate in the public stock offering. Treasury received approximately $311 million in dividend income from Ally Financial (GMAC). Consumer and Business Lending Initiatives

Community Development Capital InitiativeIn August, nine financial institutions exchanged their Capital Purchase Program investment for an equivalent amount under the Community Development Capital Initiative (CDCI) program terms. The total investment amount exchang

million. Treasury made an additional investment of $22.8 million in one institution at the time of the exchange. Small Business and Community Lending Initiatives - SBA 7a Securities Purchase Program Treasury developed a program to purchase SBA-guaranteed securities (“pooled certificates”) from pool assemblers to small business lending. As of month-end, Treasury has agreed to purchase or has already purchased securities in amount of approximately $262 million. 
Monthly 105(a) Report 

Home Affordable Modification Program

Program guidance and operational improvements As part of continued operational improvements for the housing programs, Treasury released the Handbook for Service

provide a consolidated resource for guidance related to Treasury’s housing programs including the Home AffordabHome Affordable Unemployment Program, the Home Affordable Foreclosure Alternatives Program, the Second Liemortgage loans insured or guaranteed by a federal government agency. The handbook can be accessed at https://www.hmpadmin.com/portal/docs/hamp_servicer/mhahandbook.pdf. 

In August, Treasury also released new Supplemental Directives for the housing programs: 

• SD 10-07, Interactions with HFA Hardest Hit Fund Programs, which details the roles and responsibilities of pa

connection with the Hardest Hit Fund programs, and to ensure that borrowers are properly evaluated for the app

• SD 10-08, Treasury/FHA Second Lien Program to Support FHA Refinance of Borrowers in Negative Equity Pos

guidance to first and second lien servicers on how to adopt and implement the new FHA Refinance PrograSecond Lien Program.

• SD 10-09, Handbook for Servicers, announced the issuance of the Handbook as described above.

Housing Scorecard and Servicer Performance Report Also in August, the U.S. Department of Housing and Urban Development (HUD) and Treasury released the third Hous

housing market. Each month, the scorecard incorporates key housing market indicators and highlights the impact including assistance to homeowners through the Federal Housing Administration (FHA) and the TARP Home Affordab

Housing Scorecard now incorporates the monthly Servicer Performance Report. The Housing Scorecard is available ahttp://portal.hud.gov/portal/page/portal/HUD/documents/august_scorecard.pdf.

The Servicer Performance Report Through July 2010 is available at http://www.financialstability.gov/docs/JulyMHAPu

report include: • Modifications

3⁄4 Permanent modifications exist for approximately 422,000 homeowners, and nearly 37,000 trial modifications co

modifications in July. 

3⁄4 Trial modification starts were lower, as servicers transition to upfront verification of documentation. 
Monthly 105(a) Report 

3⁄4 Borrowers in permanent modifications are experiencing a median payment reduction of 36 percent, more than $

• Servicers continue to work through aged trial population 

3⁄4 The number of active trials initiated at least six months ago has decreased from 166,000 to 118,000. Two serv

of the aged trials pending a decision. Homeowners are not subject to foreclosure sale while decisions are being 

3⁄4 As servicers work through this population, they are making extensive efforts to obtain documentation. Servi

remaining decisions on aged trial modifications should be made in August. 

3⁄4 The most common causes of cancellations include insufficient documentation, missed trial payments, or mortga

less than 31% of the homeowner’s income. 

3⁄4 Servicers reported that more than half of homeowners in canceled trials receive alternative modifications, beco

the loan completely. 

3⁄4 As a result of the requirement that servicers verify borrower eligibility through documentation prior to initiating 

1, cancellation activity for new trials is expected to gradually decline. However, the number of new cancel

exceed the number of new permanent modifications for the next few months as servicers clear their backlog of a

• New outreach initiatives 

3⁄4 Treasury and HUD partnered with the Ad Council in a public service advertising campaign featuring home

HAMP modifications. The advertisements, in English and Spanish, were launched in late July, are being dis

33,000 media outlets nationwide. 

Hardest Hit Fund

Announcement of $2 billion in additional support for targeted foreclosure prevention programs to help ho

unemployment Through the existing Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (Hardest Hit F

billion of additional assistance available for state Housing Finance Agency programs for homeowners struggling to mdue to unemployment. States eligible to receive this additional assistance have all experienced an unemployment average over the past twelve months. Each state will use the funds for targeted unemployment programs that proeligible homeowners to help them pay their mortgage while they seek re-employment, additional employment or undert
Monthly 105(a) Report 

States that have already benefited from previously announced assistance under the Hardest Hit Fund may use t

support the unemployment programs previously approved by Treasury or they may opt to implement a new unemploymnot currently have Hardest Hit Fund unemployment programs must have submitted proposals to Treasury by Seestablished guidelines, meet the distinct needs of their state. The states eligible to receive funds through this additional assistance, along with allocations based on their population s

State ($ in millions) State ($ in millions)

Alabama $60.67 Nevada $34.06California $476.26 New Jersey $112.20

Florida $238.86 North Carolina $120.87

Georgia $126.65 Ohio $148.73Illinois $166.35 Oregon $49.29Indiana $82.76 Rhode Island $13.57Kentucky $55.59 South Carolina $58.77Michigan $128.46 Tennessee $81.13

Mississippi $38.04 Washington, DC $7.73

Approval of plans for the $600 million Hardest Hit Fund foreclosure prevention assistance for states with population living in areas of economic distress In August, HFAs in North Carolina, Ohio, Oregon, Rhode Island, and South Carolina could begin to use the $600 milassistance from the Hardest Hit Fund under plans approved by Treasury. The assistance will support local inhomeowners in these five states that have high percentages of their populations living in areas of concentrate

unemployment. 

After the five HFAs submitted their Hardest Hit Fund proposals, Treasury reviewed each state's proposal to ensure coEconomic Stabilization Act of 2008 and to offer technical assistance to develop performance and reporting metrics. Tset up and execute their specific Hardest Hit Fund programs to provide relief to homeowners as soon as possible. Swill vary based on the types of programs offered, specific procurement procedures, and other factors in each individurelease more information in the near future about when they will begin to accept homeowner applications. For further information regarding the Hardest Hit Fund, including a state-by-state summary of, and links to copies of the visit http://www.FinancialStability.gov/roadtostability/hardesthitfund.html. 
Monthly 105(a) Report 

 

For Your Information – Links to Other TARP Reports Office of Financial Stability, U.S. Department of the Treasury 

• Financial Stability website: www.FinancialStability.gov

• Office of Financial Stability Agency Financial Report Fiscal Year 2009: http://www.USTreas.gov/press/releases/

Warrant Sales 

• Warrant Disposition Reports: www.FinancialStability.gov/latest/reportsanddocs.html

• Treasury Analysis of Warrant Auction Results (March 18, 2010): www.Treas.gov/offices/economic-policy/reports

2010.pdf

Public-Private Investment Program Quarterly Reports 

• www.FinancialStability.gov/roadtostability/legacysecurities.html#reports

Housing Programs 

• Monthly Servicer and Performance Reports: www.FinancialStability.gov/latest/reportsanddocs.html

• Making Home Affordable website: www.MakingHomeAffordable.gov

• Home Affordable Modification Program website (includes Supplemental Directives and the MHA Handbook): ww

• Monthly Housing Scorecard from the U.S. Department of Housing and Urban Development (HUD): www.HUD.g

• HFA Hardest Hit Fund: www.FinancialStability.gov/roadtostability/hardesthitfund.html

Executive Compensation - Office of the Special Master for Executive Compensation 

• www.FinancialStability.gov/about/executivecompensation.html

Congressional Testimony

• Links to written testimony given by Treasury officials before Congress are available at: www.FinancialStability.g
Monthly 105(a) Report August 2010

Certification

As Assistant Secretary for Financial Stability at the United States Department of the Treasury, I am the official with delegated authority to approve 

purchases of troubled assets under the Troubled Assets Relief Program. I certify to the Congress that each decision by my office to approve purchases 

of troubled assets during this reporting period was based on the office’s evaluation of the facts and circumstances of each proposed investment, 

including recommendations from regulators, in order to promote financial stability and the other purposes of the Emergency Economic Stabilization 

Act of 2008.

_______________________

Herbert M. Allison, Jr.

Assistant Secretary

Office of Financial Stability
Monthly 105(a) Report 

Appendix 1 

Description of TARP Programs & How Treasury Exercises Its Voting R

Section I. The Emergency Economic Stabilization Act of 2008 .......................................................................

• TARP purchase authority reduced to maximum $475 billion 

II. Description of TARP Programs .....................................................................................................

Bank Capital Programs ................................................................................................................

• Capital Purchase Program • SCAP and CAP (Stress Tests) • Asset Guarantee Program • Targeted Investment Program 

AIG .............................................................................................................................................Automotive Industry Financing Program ........................................................................................Consumer & Business Lending Initiative ........................................................................................Bank Lending Surveys ...............................................................................................................

Public Private Investment Program ................................................................................................Home Affordable Modification Program ........................................................................................Hardest Hit Fund........................................................................................................................Executive Compensation..............................................................................................................

III. How Treasury Exercises Its Voting Rights .....................................................................................
Monthly 105(a) Report 

I. The Emergency Economic Stability Act of 2008The Troubled Assets Relief Program or TARP was established by Treasury pursuant to the Emergency Economic EESA. This law was adopted on October 3, 2008 in response to the worst financial crisis since the Great Depression. To carry out its duties, Treasury has used the TARP authority to make investments that have helped to stabilize confidence in the strength of our financial institutions, restart markets that are critical to financing American housprevent avoidable foreclosures in the housing market and keep people in their homes. Together with the American Reof 2009, TARP succeeded in helping to stabilize the financial system and restore the conditions necessary for econodid so faster, and at a much lower cost, than anticipated. Final authority to make commitments within the reduced TARP authorization will expire in October 2010. Treas

remaining investments in a way that protects taxpayers and supports our financial and economic recovery. TARP purchase authority reduced to maximum $475 billionThe enactment in July 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Reform Act”) fu

underway, to wind down TARP and reduce its cost by making the following changes: 

1) Total TARP purchase authority is reduced from $700 billion to $475 billion; 2) Repayments of amounts invested under TARP, which total almost $200 billion, cannot be used to increase t

and are dedicated to reducing the debt; and 

3) Obligations cannot be incurred for any program or initiative that was not initiated prior to June 25, 2010. 

Key changes in the TARP purchase authority include: 

• Term Asset-Backed Securities Loan Facility (TALF): This program succeeded in helping to restart the secu

is now closed; no new loans are being made. Because the facility is smaller than originally anticipated, Treasu

reduced from $20 billion to approximately $4.3 billion. 

• Section (7a) Securities Purchase Program: Not more than $400 million will be spent on this program, whic

the small business lending market. 

• Small business lending initiatives: TARP no longer includes $30 billion for initiatives in this area. As pro

Administration, legislation to create a $30 billion Small Business Lending Fund outside of TARP is under consid

• Public Private Investment Program: Approximately $22 billion has been committed in debt and equity cap

The program did not use its planned commitment size because there was less aggregate demand from private to improved market conditions for legacy non-agency residential and commercial mortgage-backed securities. 
Monthly 105(a) Report 

• Automotive Industry: Treasury committed $82 billion toward the restructuring of GM, Chrysler and the 

companies. Treasury has recovered $11 billion and is working with the companies to dispose of its remaining as practicable. Approximately $3 billion of commitments were unused in the Automotive Supplier Support Pclosed after full repayment to Treasury. 

• Housing: A total of approximately $46 billion, a reduction of $3 billion, is allocated for all housing program

address the housing crisis. These include the Home Affordable Modification Program, the Hardest Hit Funprovided for innovative programs in areas hit hardest by the housing crisis, and a program with the FHA refinancing options to homeowners who owe more than their home is worth due to large price declines. 

TARP purchase authority reduced to $475 billion Figure 1 below shows the changes in the planned commitments under TARP as announced by Treasury before and 

Act. 

 TARP PROGRAM Previous Allocation Change New A

 Capital Purchase Program $204.9 

 Targeted Investment Program $40.0 

 Asset Guarantee Program $5.0 

 AIG $69.8  Term Asset-Backed Securities Loan Facility $20.0 -$15.7 

 SBA 7(a) $1.0 -$0.6 

 Community Development Capital Initiative $0.8 $0.0 

 Small Business Lending Fund $30.0 -$30.0  Public Private Investment Program $30.4 -$7.9 

 Automotive Industry Financing Program $84.8 -$3.1  Housing/HAMP* $48.7 * -$3.1 

 Total $535.5 -$60.5 

(US$, billions)

* Net of $1.26 billion used to offset the cost of the “Helping Families Save Their Homes Act of 2009", Public Law 111-2
Monthly 105(a) Report 

II. Program Descriptions What is the Capital Purchase Program (CPP)? 

• Treasury created the Capital Purchase Program in October 2008 to stabilize the financial system by providing capi

throughout the nation. Under this program, Treasury invested in banks and other financial institutions to incstrengthened capital base, banks have an increased capacity to invest in assets, lend to businesses and consumeconomy. The CPP investment amount was determined by the size of the bank: no less than one percent and n(five percent for small banks) of the recipient’s risk-weighted assets. 

• Although many banks were fundamentally sound, because of the capital restraints caused by the troubled market c

to lend. The level of confidence between banks and other financial institutions was also low, so they were unwRestoring capital and confidence is essential to allowing the financial system to work effectively and efficiently. 

• The CPP remained open through 2009 for investments in small banks, with terms aimed at encouraging participatio

that are qualified financial institutions (QFIs) under CPP terms. The last application deadline was in Novembeoccurred in December 2009.

• This program is now closed. Treasury expects the CPP will result in a positive return for taxpayers. How does the CPP work? • Treasury purchased senior preferred shares and other interests from qualifying U.S.-controlled banks, savings ass

institutions. Treasury also receives warrants to purchase common shares or other securities from the banks. 

• Banks participating in the CPP pay Treasury dividends on the preferred shares at a rate of five percent per year fo

Treasury’s investment and at a rate of nine percent per year thereafter. S-corporation banks pay an interest rate ofirst five years and 13.8 percent thereafter. Preferred shares (or stock) are a form of ownership in a company. 

• Banks may repay Treasury under the conditions established in the purchase agreements as amended by t

Reinvestment Act. Treasury also has the right to sell the securities. The repayment price is equal to what Treasury 

unpaid dividends or interest. 
Monthly 105(a) Report 

• The charts below show the number of banks by investment amount (left) and total CPP funds disbursed by investm

381

271

55

0

50

100150200250300350400450

$12 million or less > $12 million - $250 million > $250 million

$2.15 

$13.29 

$189.46 

$0

$20$40$60$80

$100$120$140$160$180$200

$12 million or less > $12 million - $250 million > $250 million

• When a publicly-traded bank repays Treasury for the preferred stock investment, the bank has the right to repurcha

do not trade on any market and do not have observable market prices. If the bank wishes to repurchase warranprocess is used to establish fair market value. If an institution chooses not to repurchase the warrants, Treasury is In November and December 2009, Treasury began public offerings registered with the Securities and Exchange 

warrants using a modified Dutch auction methodology.More information on the methodology and results of the warrants sales is set forth the Warrant Disposition Reports www.FinancialStability.gov/latest/reportsanddocs.html
Monthly 105(a) Report 

What was the Supervisory Capital Assessment Program (SCAP) and Capital Assistance Program (CAP)? 

• The Supervisory Capital Assessment Program and Capital Assistance Program were important components of t

help ensure that banks have a sufficient capital cushion in a more adverse economic scenario. SCAP was a compexercise, or “stress test”, for the largest 19 U.S. bank holding companies and a complement to the CAP. 

• In November 2009, Treasury announced the closure of the Capital Assistance Program. Of the 19 banks that 

demonstrated no need for additional capital or fulfilled their need in the private market. 

• GMAC was the only financial institution not able to raise sufficient capital in the private market, and in Decembe

completed the investment contemplated in May, an additional $3.8 billion, which was funded under the Automotive 

• Following announcement of the stress test results, the largest banking institutions raised over $140 billion in high

billion in non-guaranteed unsecured debt in the private markets. Banks used private capital to repay TARP investmits function as a bridge to private capital. 

How did the SCAP and the CAP work? • Federal banking supervisors conducted forward-looking assessments to estimate the amount of capital banks wou

more adverse economic scenario and to provide the transparency necessary for individuals and markets to judgsystem. Results of the stress tests were released on May 7, 2009. 

• Some banks were required to take steps to improve the quality and/or the quantity of their capital to give them a la

lending even if the economy performs worse than expected. Banks had a range of options to raise capital in tcommon equity offerings, asset sales and the conversion of other forms of capital into common equity. Ban

requirement by using these options could request additional capital from the government through the CAP. Financidetailed capital plan to supervisors, who consulted with Treasury on the development and evaluation of the plan. Aits capital buffer at the conclusion of the SCAP was required to develop a detailed capital plan in June 2009, and implement that capital plan. 

• In cases in which the SCAP indicated that an additional capital buffer was warranted, institutions had an oppo

sources of capital, but were also eligible to receive government capital via investment available immediately thbanks that did not participate in the SCAP could have applied to their primary federal regulator to receive capital un
Monthly 105(a) Report 

What was the Asset Guarantee Program (AGP)?

• Under the AGP, Treasury acted to support the value of certain assets held by qualifying financial instituti

unexpectedly large losses on certain assets. The program was designed for financial institutions whose failure coand was used in conjunction with other forms of exceptional assistance. 

• The program is closed, and resulted in a positive return to the taxpayers. Who received assistance under the AGP? Citigroup Bank of America• TARP funds were committed as a reserve to cover up to $5 billion of possible losses 

on a $301 billion pool of Citigroup’s covered assets. As a premium for the guarantee, Treasury received $4.034 billion of preferred stock, subsequently exchanged for trust preferred securities, with identical terms as the securities received under the TIP, and Treasury also received warrants to purchase approximately 66 million shares of common stock at a strike price of $10.61 per share. For the period that the Citigroup asset guarantee was outstanding, Citigroup made no claims for loss payments to any federal party and consequently Treasury made no guarantee payments of TARP funds to Citigroup.

• In January 2009, Tre

Reserve and the FDIpotential losses on a financial instruments America, consisting of residential and commerand corporate debtransactions that refereloans and associated h

• In December 2009, Treasury, the Federal Deposit Insurance Corporation (FDIC), the 

Federal Reserve Bank of New York (FRBNY) and Citigroup, agreed to terminate Citigroup's AGP agreement, pursuant to which: (1) Treasury’s guarantee commitment was terminated, (2) Treasury agreed to cancel $1.8 billion of the trust preferred securities issued by Citigroup from $4.034 billion to $2.234 billion for early termination of the guarantee, (3) the FDIC and Treasury agreed that, subject to certain conditions, the FDIC would transfer up to $800 million of trust preferred securities to Treasury at the close of Citigroup’s participation in the FDIC’s Temporary Liquidity Guarantee Program, and (4) Citigroup agreed to comply with the determinations of the Special Master for TARP Executive Compensation as if its obligations related to exceptional financial assistance had remained outstanding through December 31, 2009 and (in addition to compliance with the executive compensation provisions of EESA’s Section 111, as amended) to permit, for 2010, the Federal Reserve Board of Governors, in consultation with the Office of the Comptroller of the Currency and the FDIC, to review the actual incentive compensation arrangements for Citigroup’s top 30 earners to be sure they comport with the Board of Governors’ incentive compensation principles as set forth in the Board of Governors’ guidance. 

• In September 2009, T

Reserve and Bank of terminate the asset guaannounced in January with that termination athe benefits provided term sheet for such arAmerica paid the U.Smillion, including $276 m
Monthly 105(a) Report 

What is the Targeted Investment Program (TIP) 

• Pursuant to EESA, Treasury has provided exceptional assistance on a case-by-case basis in order to stabilize ins

systemically significant to prevent broader disruption of financial markets. 

• Treasury provided this assistance by purchasing preferred stock, and also received warrants to purchase common How did the TIP work? • Under the TIP, Treasury purchased $20 billion in preferred stock from Citigroup Inc. and $20 billion in preferred 

Corporation. Both preferred stock investments paid a dividend of eight percent per annum. The TIP investmeinvestments in these banks. 

• As part of an exchange offer designed to strengthen Citigroup’s capital, Treasury exchanged all of its CPP pref

combination of common stock and trust preferred securities, and the TIP preferred shares were exchanged for trust 

• In December 2009, Bank of America and Citigroup repaid their TIP investments in full. Treasury continues to 

Citigroup under the TIP. The Bank of America TIP warrants were sold in a public auction. 

• The program is closed, and Treasury expects it will result in a positive return for taxpayers. What is the AIG Investment? 

How does the AIG Investment work? The Federal Reserve loans to AIG were carried out through the Federal Reserve Bank of New York (“FRBNY”) under Federal Reserve Act to lend on a secured basis under “unusual and exigent” circumstances to companies that are not d• In September 2008, the FRBNY provided an $85 billion credit facility to AIG, subsequently reduced to $60 billion

currently have approximately 79.8% of the voting rights of the common stock in AIG. The FRBNY created a trust for the benefit of the U.S. Treasury – but, the Department of the Treasury does not control the trust and cannot dire

• In December 2009, the Federal Reserve received preferred equity interests in two special purpose vehicles 

outstanding stock of AIG’s largest foreign insurance subsidiaries, American International Assurance CompanInsurance Company (“ALICO”), in exchange for a $25 billion reduction in the balance outstanding and maximum revolving credit facility with the FRBNY. The transactions positioned AIA and ALICO for initial public offerings or sa

Treasury’s investment in AIG was made under EESA authority: • In November 2008, Treasury purchased $40 billion in Series D preferred stock from AIG, subsequently exchanged 

plus accrued dividends, into $41.6 billion of Series E preferred stock. 
Monthly 105(a) Report 

• In April 2009, Treasury also created an equity capital facility, under which AIG may draw up to $29.8 billion as ne

additional shares of Series F preferred stock to Treasury. The Series E and Series F preferred stock pay a nopercent per year. 

• As of August 31, 2010, AIG has drawn $7.54 billion from the equity capital facility.What is the Automotive Industry Financing Program (AIFP)? 

• The Automotive Industry Financing Program (AIFP) was developed in December 2008 to prevent a significant disr

industry, because the potential for such a disruption posed a systemic risk to financial market stability and would hthe economy. Short-term funding was initially provided to General Motors (GM) and Chrysler on the condition that tlong-term viability. In cooperation with the Administration, GM and Chrysler developed satisfactory viability plans sales of their assets to new entities in bankruptcy proceedings. Chrysler’s sale process was completed in 42 days 40 days. Treasury provided additional assistance during the respective periods. 

• Treasury has provided approximately $80 billion in loans and equity investments to GM, GMAC (now known as 

and Chrysler Financial. The terms of Treasury’s assistance impose a number of restrictions including rigorstandards, limits on luxury expenditures and other corporate governance requirements. 

• In the related Auto Supplier Support Program (ASSP), Treasury provided loans to ensure that auto suppliers re

services and products, regardless of the condition of the auto companies that purchase their products. 

• As scheduled, the ASSP closed in April 2010 after full repayment of all loans provided under the program. Chrysler• In January 2009, Treasury loaned $4 billion to Chrysler to give it time to implement a viable restructuring 

Administration determined that the business plan submitted by Chrysler failed to demonstrate viability and announto receive additional taxpayer funds, it needed to find a partner. Chrysler made the determination that forming an acourse of action for its stakeholders. 

• Treasury continued to support Chrysler as it formed an alliance with Fiat. In May and June 2009, Treasury (i) prov

to Chrysler LLC (Old Chrysler) under a debtor-in-possession financing agreement for assistance during its bankrupt$6.6 billion loan commitment to Chrysler Group LLC (New Chrysler) and (iii) received a 9.9% equity ownership in N

• With respect to Old Chrysler, on April 30, 2010, following the bankruptcy court’s approval of a Plan of Liquidatio

possession loan was extinguished and the assets remaining with Old Chrysler, including collateral security transferred to a liquidation trust. Treasury retained the right to recover the proceeds from the liquidation of the speexpect a significant recovery from the liquidation proceeds. 
Monthly 105(a) Report 

• With respect to the original $4 billion loan made to CGI Holding LLC, the owner of Chrysler Financial and Old C

default when Old Chrysler filed for bankruptcy in April 2009, (ii) $500 million of debt was assumed by New CTreasury accepted a settlement payment of $1.9 billion as satisfaction in full of all existing debt obligations of CGfinal repayment, while less than face value, was significantly more than Treasury had previously estimated to reco

and greater than independent valuation of the loan provided by Keefe, Bruyette and Woods, Treasury’s adviser for 

• With respect to New Chrysler, Treasury’s remaining investments consist of 9.9% of common equity and a $7.1 b

commitments and the $500 million assumed from Chrysler Holding). 

• New Chrysler currently has the following ownership: Chrysler Voluntary Employee Benefit Association (VEBA) (6

(9.9%) and the Government of Canada (2.5%). 

Chrysler Financial• On January 16, 2009, Treasury announced that it would lend up to $1.5 billion to a special purpose vehicle (SPV) 

to enable the company to finance the purchase of Chrysler vehicles by consumers. 

• To satisfy the EESA warrant requirement, the Chrysler Financial SPV issued additional notes entitling Treasury 

percent of the maximum loan amount. Twenty percent of those notes vested upon the closing of the transaction, vest on each anniversary of the transaction closing date. The loan was fully drawn by April 9, 2009. 

• On July 14, 2009, Chrysler Financial fully repaid the loan, including the vested additional notes and interest. General Motors • On December 31, 2008, Treasury agreed to loan $13.4 billion to General Motors Corporation (GM or Old GM) to 

the loan agreement, GM was also required to implement a viable restructuring plan. The first plan GM submitted path to viability, and the deadline was extended to June 1 for GM to develop an amended plan. Treasury loaned aGM during this period. To achieve an orderly restructuring, GM filed for bankruptcy on June 1, 2009. Treasury pdebtor-in-possession financing agreement to assist GM during the bankruptcy. 

• The new entity, General Motors Company (New GM), began operating on July 10, 2009, following its purchase of m

When the sale to New GM was completed on July 10, Treasury converted most of its loans to 60.8% of the comm$2.1 billion in preferred stock. Treasury continued to hold $6.7 billion in outstanding loans. 

• In December 2009, New GM began quarterly repayments of $1.0 billion on its $6.7 billion loan from Treasury. An

and Treasury amended the loan agreement to require cash that New GM held in an escrow account to be applied 2010. After New GM repaid Treasury $1 billion on March 31, 2010, the outstanding loan balance fell to approximloan was repaid in April 2010 from the escrowed funds. 
Monthly 105(a) Report 

• New GM currently has the following ownership: Treasury (60.8%), GM Voluntary Employee Benefit Association (V

Government (11.7%), and Old GM’s unsecured bondholders (10%). As part of the restructuring, GM issued wcommon stock to VEBA and Old GM (for eventual distribution to the creditors of Old GM following liquidation). 

General Motors Initial Public Offering (IPO) In June, Treasury provided guidance on its role in the exploration of a possible initial public offering by General Mostatement is available at http://www.FinancialStability.gov/latest/pr_06102010b.html. The following are excerpts from th

• The exact timing of an initial public offering will be determined by GM in light of market conditions and other fac

before the fourth quarter of this year. Treasury will retain the right, at all times, to decide whether and at what the offering, should it occur. 

• The initial public offering is expected to include the sale of shares by Treasury, other shareholders who wish to 

The overall size of the offering and relative amounts of primary and secondary shares will be determined at a la

• The selection of the lead underwriters will be made by GM, subject to Treasury’s agreement that the se

Treasury will determine the fees to be paid to the underwriters. 

• Federal securities laws preclude Treasury from discussing certain other matters prior to the effectivenes

statement filed with the SEC. 

Ally Financial Inc. (formerly known as GMAC)• In December 2008, Treasury purchased $5 billion in senior preferred equity from GMAC LLC, and received a

preferred shares through warrants that Treasury exercised at closing. At the same time, Treasury also agreed to funds to GM (one of GMAC’s owners) for the purchase of additional ownership interests in GMAC’s rights offering. that commitment in January 2009, and then in May 2009, Treasury exercised its option to exchange that loan for 35interests in GMAC. 

• In May 2009, regulators required GMAC to raise additional capital by November 2009 in connection with the SCAP

purchased $7.5 billion of convertible preferred shares from GMAC and also received warrants that Treasury additional $375 million in convertible preferred shares, which enabled GMAC to partially meet the SCAP requir

investments in GMAC were contemplated to enable GMAC to satisfy the SCAP requirements. 

• On December 30, 2009, Treasury: 

3⁄4 Invested an additional $3.8 billion in GMAC, consisting of $2.54 billion of trust preferred securities (TRUPs), w

other capital securities of GMAC, and $1.25 billion of Mandatorily Convertible Preferred Stock (MCP), and rec

were immediately exercised, to purchase an additional $127 million of TRUPs and $63 million of MCP; 
Monthly 105(a) Report 

3⁄4 Converted $3 billion of its existing MCP, which was purchased in May 2009, into common stock; 3⁄4 Exchanged $5.25 billion of preferred stock into MCP; and 3⁄4 For the conversion price of the MCP to common stock, acquired a “reset” for an adjustment in 2011, if benefic

on the market price of GMAC’s private capital transactions occurring in 2010. 

• As a result of the December 2009 transactions, Treasury's equity ownership of GMAC increased from 35 percent 

holds $11.4 billion of MCP and $2.7 billion of TRUPs in GMAC. 

• Ally Financial Inc. remains subject to the executive compensation and corporate governance requirements o

amended, and to the oversight of the Special Master for TARP Executive Compensation. 

Consumer and Business Lending Initiatives

What is the Community Development Capital Initiative (CDCI)? Treasury has released the final program terms and forms of agreements for the new Community Developmen

announced in October 2009, to invest lower-cost capital in Community Development Financial Institutions (CDFunderserved by traditional financial institutions. CDFIs are banks, thrifts, bank holding companies, savings and loan hunions that target more than 60 percent of their small business lending and other economic development activities tcommunities. Key program terms include: • CDFIs are eligible to receive capital investments of up to 5 percent of risk-weighted assets (3.5 percent of total asse• CDCI participants will pay dividends to Treasury at a rate of 2 percent per annum, compared to the 5 percent under 

percent after eight years. 

• Consistent with the use of TARP funds to promote financial stability and protect the taxpayer, CDFIs will need ap

regulator to participate in this program. In cases where a CDFI might not otherwise be approved by its reguparticipate so long as it can raise enough private capital that – when matched with Treasury capital up to 5 perce(RWA) – it can reach viability. 

• CDFIs participating in the Capital Purchase Program are eligible to exchange the CPP investment into the CDCI pro• CDFIs that participate in the program will not be required to issue warrants so long as they receive $100 million or lAdditional details are available at http://www.FinancialStability.gov/roadtostability/comdev.html
Monthly 105(a) Report 

What is the Small Business and Community Lending Initiative – SBA 7(a) Securities Purchase Program? To ensure that credit flows to entrepreneurs and small business owners, Treasury has taken measures to complemen

to help small businesses recover and grow, including a program to purchase SBA guaranteed securities (“pooled developed a program to purchase SBA guaranteed securities from pool assemblers. Additional details are available at http://www.FinancialStability.gov/roadtostability/smallbusinesscommunityinitiative.htm

What is the Term Asset-Backed Securities Loan Facility (TALF)? • A joint Treasury and Federal Reserve program, the Term Asset-Backed Loan Facility, begun in March 2009, play

securitization markets important for consumer and small business loans to improve. The TALF operated as a l

Reserve Bank of New York (FBRNY) to provide term non-recourse loans collateralized by AAA-rated asset-backenew or recently originated auto loans, student loans, credit card loans, equipment loans, floor plan loans, insuraresidential mortgage servicing advances, or commercial mortgage loans, including legacy commercial mortgage loby loans guaranteed by the Small Business Administration. Treasury provided credit support for TALF as part Business Lending Initiative.

• Under TALF, investors requested the FRBNY to make loans secured by eligible consumer ABS, small business A

backed securities (CMBS) on fixed days each month. Assuming that the borrower and the security (ABS or CMcollateral met FRBNY’s requirements, the investor received the requested funding. Most borrowers used the loan, to purchase the ABS that serves as collateral for the TALF loans. 

• If the borrower does not repay the loan, the FRBNY will enforce its rights in the collateral and sell the collateral 

(SPV) established specifically for the purpose of purchasing and managing such assets. The SPV is funde

subordinated loan commitment from Treasury. 

• The TALF for newly issued ABS and legacy CMBS expired in March 2010, and the TALF for newly issued CMBS 

the program launch, a total of $70 billion of TALF loans backing eligible ABS and CMBS has been extended, of 

outstanding. Because the facility is smaller today than originally anticipated, as of July, Treasury’s commitment waapproximately $4.3 billion. 

• Data from the Federal Reserve has indicated that for most ABS asset classes, interest rate spreads have tighten

loan rate, thereby reducing the need for support to the ABS through the facility. This is one measure of the imp

classes. The expiration of TALF is expected to have limited impact on spreads for those asset types that were there has been an increasing level of demand by cash-only investors. 
Monthly 105(a) Report 

Bank Lending Surveys

Monthly Surveys Each month, Treasury has asked banks participating in the CPP to provide information about their lending and publishes the results in reports available at http://www.FinancialStability.gov/impact/surveys.htm. The reports are inten

assess the lending activities of CPP banks. 

• The Monthly Lending and Intermediation Snapshot, for the 22 largest recipients of CPP investments and which 

January 2009 with data from inception of the CPP, provides quantitative information on three major caconsumer, commercial, and other activities – based on banks’ internal reporting, and commentary to explalevels for each category. Beginning with the December 2009 Snapshot (released in February 2010), banks thafunds in June 2009 no longer submitted data to Treasury. As the reporting group contracted with additioTreasury has ceased to publish a summary analysis because the aggregate month to month changes are nTreasury continues to publish the reports and underlying data from the banks that continue to submit SnapshoTreasury published May 2010 data from seven institutions. 

• The CPP Monthly Lending Report includes all participants in the CPP and is published in addition to the 

Intermediation Snapshot. The Lending Report makes available three data points on a monthly basis: average 

of consumer loans, commercial loans, and total loans from all CPP participants 

CPP Quarterly Report An interagency group consisting of representatives from Treasury, the Federal Reserve Board, and other Feder

conducts periodic analysis of the effect of TARP programs on banking organizations and their activities, and pubavailable at http://www.FinancialStability.gov/impact/CPPreport.html. This Quarterly CPP Report analyzes the financial 

institutions to their primary federal regulator in Call Reports and Thrift Financial Reports, as well as the Y-9C Rep

holding companies each quarter to the Federal Reserve. Annual Use of Capital Survey Treasury has also initiated an annual Use of Capital Survey to obtain insight into the lending, financial intermediation, of all recipients of government investment through CPP funds. Collection of the Use of Capital survey data began durinin the second calendar quarter of 2010. Data and survey results will be available at http://www.FinancialStability.g

Capital Survey is designed to capture representative information of CPP fund usage without imposing excessive burcover how each financial institution has employed the capital infusion of CPP funds from the date it initially received thThe survey form provides eight possible uses of capital, as well as space for narrative responses. The survey results were published to the FinancialStability.gov website in July 2010. The overwhelming majority of that their institutions increased lending or reduced lending less than otherwise would have occurred after the receipt o
Monthly 105(a) Report 

of the respondents (53%) indicated that their institutions increased reserves for non-performing assets after the receipof the respondents (46%) noted that their institutions held the CPP capital as a non-leveraged increase to total previously published summary balance sheet and income statement information from each institution’s regulatory filsupplement to the survey responses. What is the Legacy Securities Public Private Investment Program (S-PPIP)? 

• The Legacy Securities Public Private Investment Program is designed, in part, to support market functioning and fa

commercial and non-agency residential mortgage-backed securities (MBS) markets, helping banks and other ficapital and extend new credit to households and businesses. Both residential and commercial MBS are pools of mfinancial institutions. Rights to receive a portion of the cash generated by the pools are sold as securities in the f

way a stock or bond would be sold in financial markets. The term “legacy assets” generally refers to loans, assettypes of assets that were originated or issued before the financial markets for these types of assets deteriorated sig

• The Public Private Investment Program was announced as part of the Financial Stability Plan, which also origi

legacy loans that would be administered by the FDIC. 

• In the latter months of 2009, financial market conditions improved, the prices of legacy securities appreciated, and 

Capital Assessment Program enabled banks to raise substantial amounts of capital as a buffer against weakconditions, all of which enabled Treasury to proceed with the S-PPIP program at a scale smaller than initially envisi

How does the S-PPIP work? • Treasury partners with selected fund managers to purchase commercial and non-agency residential and commer

equity as well as debt financing to investment partnerships formed by the fund managers; the maximum equity obexpected to be $1.11 billion and the maximum debt obligation to a PPIF was initially expected to be $2.22 billion (allocation of capital). Treasury will invest one-half of the total equity committed to the partnership; the remaindemanager from private sector sources. Treasury's loan will earn interest and must be repaid at the end of the life of t

• The nine firms that Treasury had pre-qualified in July 2009 to participate as fund managers have completed closi

Public Private Investment Funds (PPIFs). Treasury has committed (but not yet funded all of) of equity capital and while total Treasury equity and debt investment in all PPIFs will equal approximately $22.1 billion. Following an the opportunity to conduct additional closings over approximately six months to receive matching Treasury equity a

have now completed their subsequent closings. 

• The equity investment, together with warrants received by Treasury, ensures that if these PPIFs perform well, the 

taxpayer, will benefit from the upside of the performance alongside private investors. 

• Treasury carefully designed the S-PPIP terms to protect the interests of taxpayers. Fund managers may not acqu

to their affiliates or any other PPIF fund manager or private investor that has committed at least ten percent of 
Monthly 105(a) Report 

raised by such fund manager. Fund managers must submit regular monthly reports about assets purchased, asand profits and losses. Due to the possibility of actual or potential conflicts of interest inherent in any market-basmanagers also must agree to abide by ethical standards and conflicts of interest and compliance rules and a procethese rules developed by Treasury. In developing these requirements, Treasury worked closely with, among otheand the Federal Reserve. 

Who are the S-PPIP Fund Managers? • Following a comprehensive two-month application, evaluation, and selection process, during which Treasury 

applications to participate in the S-PPIP, in July 2009 Treasury pre-qualified the following firms to participate as fuAllianceBernstein, LP and its sub-advisors Greenfield Partners, LLC and Rialto Capital Management, LLC; AngeloCapital Real Estate; BlackRock, Inc.; Invesco Ltd.; Marathon Asset Management, L.P.; Oaktree Capital ManagemManagement, LP; The TCW Group, Inc., (subsequently terminated, see below); and Wellington Management Comp

• The fund managers for the PPIFs have established relationships with small, minority-, and women-owned busines

including involvement in managing the investment portfolio and cash management services, raising capital from trading related-services, identifying investment opportunities, and providing investment and market research and oPPIFs.

• In December 2009, a fund managed by The TCW Group, Inc., was liquidated because TCW terminated the employ

“Key Persons” responsible for making the investment decisions as set forth under the Limited Partnership Agreem$513 million of total capital had been funded. Treasury's debt and equity capital investments were repaid in full, anreturn of approximately $20.6 million on its equity investment of $156.3 million. Private investors were offered tunderfunded capital commitments and proceeds from the TCW PPIF liquidation to any of the eight other PPIFs. 

• In March 2010, commitments for $44.5 million in direct equity investments were reallocated from TCW PPIF inv

managers and the remaining $3.2 billion in commitments to the TCW PPIF were reallocated to all eight PPIF fund m

S-PPIP Quarterly Reports • Treasury has undertaken to publish quarterly reports with a summary of PPIP capital activity, portfolio holdings a

performance, which are available on the FinancialStability.gov website, and specifically: 3⁄4 As of June 30, 2010, at http://www.financialstability.gov/docs/111.pdf. 

3⁄4 As of March 31, 2010, at http://www.financialstability.gov/docs/External%20Report%20-%2003-10%20Final.pdf

3⁄4 As of December 31, 2009, at http://www.financialstability.gov/docs/External%20Report%20-%2012-09%20FINA
Monthly 105(a) Report 

• The third quarterly report was issued in July 2010. As of June 30, 2010, the participating PPIP fund managers had 

billion in private capital for the Public-Private Investment Funds (PPIFs). Together with equity and debt financing PPIFs had $29.4 billion in total funds available to acquire legacy non-agency residential and commercial mortgage-

What is the Home Affordable Modification Program (HAMP)? 

• The Home Affordable Modification Program, part of Making Home Affordable (MHA), was first announced by t

February 2009 as part of its Financial Stability Plan. 

• Using TARP funds, Treasury provides incentives for mortgage servicers, borrowers and investors to modify loa

imminent risk of default to an affordable monthly payment equal to no more than 31 percent of a borrower’s gross must be owner occupants, demonstrate the ability to support the reduced payment during a three-month documentation before the modification becomes permanent. 

• Homeowners participating in HAMP work with HUD-certified housing counselors and mortgage servicers. HAMP is 

million homeowners an opportunity to reduce their monthly mortgage payments to more affordable levels. 

• HAMP includes both GSE and non-GSE mortgages. GSE stands for “government sponsored enterprise,” and in th

and Freddie Mac. Up to $50 billion of TARP funds will be used to encourage the modification of non-GSE mortgaown and hold in their portfolios (whole loans) and mortgages held in private-label securitization trusts. 

• Servicers must enter into the Servicer Participation Agreements with Treasury on or before October 3, 2010. Servi

or securitized by GSEs are required to participate in the related GSE’s HAMP for their portfolio of GSE loans. T

HAMP modifications are funded by the related GSEs from their own resources. 

• Borrowers may be accepted into HAMP if a borrower has made the first trial period payment on or before Dece

interest rates are locked for five years from the start date of the modification. Incentive payments to investors and paid out over that period for up to five years, and incentive payments to servicers for up to three years. At the einterest rate will increase by one percent per year until it reaches the cap, which is the market rate at the time capped rate is fixed for the life of the loan. 

• Details on the Home Affordable Modification Program are available at http://www.FinancialStability.gov/roadtostabil

http://www.MakingHomeAffordable.gov. 
Monthly 105(a) Report 

What are the additional components of HAMP and MHA? • The Home Price Decline Protection Program (HPDP) is a component of HAMP, and the Second Lien Modifica

Home Affordable Foreclosure Alternatives Program (HAFA) are components of MHA. The HPDP provides addimodifications on properties located in areas where home prices have declined. The purpose of the program is to 

participation and HAMP modifications in areas hardest hit by falling home prices and ensure that borrowers in thos

to stay in their homes, thereby minimizing foreclosures, which further depress home values. 

• The Second Lien Modification Program (2MP) provides incentives for second-lien holders to modify or exting

when a modification has been initiated on the first lien mortgage for the same property under HAMP. 

• The Home Affordable Foreclosure Alternatives Program (HAFA) simplifies and streamlines the use of short s

incorporating financial incentives to borrowers, servicers, and investors. The program also ensures pre-approved sthe property on the market and requires that borrowers be fully released from future liability for the debt. 

HAMP Enhancements for Unemployed Homeowners and Principal Write-Downs • In March 2010, the Obama Administration announced enhancements to the Home Affordable Modification Progra

mortgage assistance to some unemployed homeowners, encourage servicers to write-down mortgage debt as pallow more borrowers to qualify for modification through HAMP, and help borrowers move to more affordable houpossible.1 Revised Supplemental Directives to implement these enhancements to HAMP and can be found at 

portal/programs/directives.html.2 See “Temporary Assistance for Unemployed Homeowners While They Sea

Modification of Loans with Principal Reduction Alternative” below.

FHA Program Adjustments to Support Refinancings for Underwater Homeowners • In March 2010, the Obama Administration announced the FHA Program Adjustments to Support Refinancings f

which will permit participating lenders to provide additional refinancing options to homeowners who owe more than of large declines in home prices.3

• The FHA Refinance option should be available by the fall of 2010. Treasury and FHA expect to issue detailed 

elements for the FHA Refinance Option. 

1 Further information, including the HAMP Improvements Fact Sheet, is available at http://www.FinancialStability.gov/latest/pr_03262010.html 2 A listing of all Supplemental Directives, and links to PDF versions of each Supplemental Directive, can be found at https://www.hmpadmin.com/p3 See the FHA Refinance Fact Sheet available at http://MakingHomeAffordable.gov/docs/FHA_Refinance_Fact_Sheet_032510%20FINAL2.pdf.
Monthly 105(a) Report 

• TARP funds will be made available up to an estimated $11 billion to provide incentives to support the write

encourage participation by servicers, and to provide additional coverage for a share of potential losses on these loa

Servicer performance • To ensure transparency and servicer accountability, servicer-specific results are publicly reported on a monthly 

Performance Reports can be found at http://www.FinancialStability.gov/latest/reportsanddocs.html. As of June 

Performance Report was incorporated in the monthly Housing Scorecard released by the U.S. Department of Hou

(HUD) that is available at www.HUD.gov/scorecard.

• In January 2010, MHA released updated guidance for servicer documentation requirements in order to expedit

modifications to permanent status. This guidance also implemented an important program improvement for future servicers to fully validate borrower financial information before offering a trial plan. In addition, servicers are allowcircumstances to retrieve documentation from applicants, notify applicants of any missing documents, and 

applications. 

• In May 2010, the Administration outlined for servicers its plans to begin reporting more detailed performance m

include the eight largest servicers and will focus on servicer compliance, program execution, and homeowner expethe following: Servicer Compliance with Program Guidelines

3⁄4 Results of servicer-level loan-file reviews assessing whether loan files were appropriately evaluated 3⁄4 Identification of all compliance activities performed for servicers and of areas for future compliance focus 

Program Execution

3⁄4 Average time from start of trial modification to start of permanent modification 

3⁄4 Servicer implementation timelines for program updates 3⁄4 Information about alternatives made available to homeowners ineligible for HAMP 3⁄4 Information about alternatives made available to homeowners who fall out of HAMP trial modifications, su

modifications, payment plans, and short sales 

Homeowner Experience

3⁄4 Servicer handling of calls from homeowners (speed to answer, hang-up rates) 3⁄4 Time it takes to resolve homeowner problems that have been reported by third parties such as housing cou

and congressional and other government offices 

3⁄4 Servicer share of homeowner complaints to the Homeowner’s HOPETM Hotline 
Monthly 105(a) Report 

Temporary Assistance for Unemployed Homeowners While They Search for Re-Employment and ModificatiReduction Alternative In May 2010, Treasury released Supplemental Directive (SD) 10-04 - Home Affordable Unemployment Program (UPHAMP that provides assistance to unemployed borrowers and in June 2010, Treasury released SD 10-05 - Home Aff– Modification of Loans with Principal Reduction Alternative, as implementation of HAMP program enhancements anno

• The Unemployment Program requires servicers to grant qualified unemployed borrowers a forbearance 

mortgage payments temporarily reduced for a minimum of three months while they look for a new job. If a homa job before the temporary assistance period is over or if they find a job with a reduced income, they wpermanent HAMP modification or may be eligible for HAMP’s alternatives to the foreclosure program. 

• Servicers are prohibited from initiating foreclosure action or conducting a foreclosure sale while the borrower 

UP, after a foreclosure plan notice is mailed, during the UP forbearance or extension, and while the borrower or participating in HAMP or HAFA following the UP forbearance period. Servicers will not be reimbursed by thassociated with the UP, and there will be no cost to government or taxpayers from the forbearance plans. 

• SD 10-05 provides guidance to servicers on a Principal Reduction Alternative (PRA). Under PRA, servicers ar

the benefit of principal reduction and are encouraged to offer principal reduction whenever the net present vaHAMP modification using PRA is greater than the NPV result without considering principal reduction. SD 10the 2MP program will now require principal reduction in an amount at least proportional to any principal recorresponding HAMP modified first lien mortgage loan. 

Compliance and second look • The HAMP Compliance Program is designed to ensure that servicers satisfy their obligations under HAMP requir

well-controlled program that assists as many deserving homeowners as possible to retain their homes while taking 

fraud, waste and abuse. Freddie Mac acts as Treasury’s Compliance Agent for HAMP through MHA-C, which division that conducts these compliance activities. Treasury works closely with MHA-C to design and refine thconducts quality assessments of the activities performed by MHA-C. 

• Compliance activities of MHA-C include on-site reviews, file reviews and reviews of net present value (NPV) mo

Appendix B of the Servicer Performance Report Through May 2010 for further information. 

• Following these reviews, MHA-C provides Treasury with assessments of each servicer’s compliance with HAMP 

Treasury will implement remedies for non-compliance. These remedies may include withholding or reducing incerequiring repayments of prior incentive payments made to servicers with respect to affected loans, or requiring addi

• In the Servicer Performance Report Through May 2010 highlighted areas of compliance focus based on MHA-C as

compliance with HAMP requirements provided to Treasury, included: (1) borrower solicitation; (2) underwriting dousage; (4) document processing and control; (5) IR2 data maintenance; and (6) governance. 
Monthly 105(a) Report 

Updates to Servicer Certification Requirements • In May 2010, Treasury’s compliance agent, Fannie Mae, informed servicers, all of whom are required per their Ser

(SPA) to submit annual certifications stating their continued compliance with the HAMP program terms, that Tupdating the certification requirements, and clarified the reporting period and deadlines for such certificationcertifications due under SPA signed on or before October 31, 2009 will be September 30, 2010 in respect of th2010, with similar staggered periods for servicers who entered HAMP on later dates. Supplemental Directive Servicer Certification Required by the Servicer Participation Agreement, with specific guidance regarding the servicers, was released in June. 

Hardest Hit Fund - Housing Finance Agency Innovation Funds for the Hardest Hit Housing Markets

What is the First Funding of the Hardest Hit Fund (HHF)? In February 2010, the Obama Administration announced funding for innovative measures to help address the housing that have suffered an average home price drop of more than 20 percent from their respective peak of the housing bubb• $1.5 billion of investment authority under EESA will be available to work with state Housing Finance Agenc

assistance to local needs. 

• California, Florida, Arizona, Michigan, and Nevada, states where house prices have fallen more than 20% from t

funding. Funds will be allocated among eligible states according to a formula based on home price declines and un

• HFAs must submit program designs to Treasury so that Treasury can evaluate the program’s compliance with EE

program designs are posted online at http://www.FinancialStability.gov/roadtostability/hardesthitfund.html. 

• To receive funding, programs must satisfy the requirements for funding under EESA. These requirements inclu

must be an eligible financial institution and that the funds must be used to pay for programs designed to prevenother permitted uses under EESA. 

• In March 2010, Treasury announced the allocations of funds among the states and published guidelines for HFA 

forth below is a summary of the methodology used to determine calculations: 
Monthly 105(a) Report 

Housing price

decline from

peak

Ratio relative

to largest

decline

December

2009

unemployment

rate

Ratio relative

to highest

unemployment

rate

Sum of ratios

(State's

weight)

Number ofdelinquentloans in Q4

2009

Weighted

number of

delinquent

loans

lo

Nevada ‐49.9% 1.00 13.0% 0.89 1.9 62,622 118,382 

California ‐38.9% 0.78 12.4% 0.85 1.6 494,640 805,978 

Florida ‐37.4% 0.75 11.8% 0.81 1.6 309,022 481,558 

Arizona ‐36.8% 0.74 9.1% 0.62 1.4 105,853 144,073 

Michigan ‐24.1% 0.48 14.6% 1.00 1.5 120,030 178,000 

Total 

Housing Price Decline Unemployment

• On June 23, 2010, Treasury approved state plans for use of the $1.5 billion in the first HHF foreclosure-prevention 

California, Florida, Michigan, and Nevada. 3⁄4 These programs are designed to provide relief to struggling homeowners as soon as practicable. The specifi

timing will depend on the types of programs offered, specific state-level procurement procedures, compliance 

factors. 
Monthly 105(a) Report 

3⁄4 The approved proposals include programs to assist struggling homeowners with negative equity through prin

the unemployed or under-employed make their mortgage payments; facilitate the settlement of second liens

and/or deeds-in-lieu of foreclosure; and assist in the payment of arrearages. 

1st Lien Principal Reduction 

Unemployment Assistance 

Arrearage Extinguishment 

2nd Lien Principal Reduction 

ShoFaci

Arizona 9 9 9California 9 9 9 Florida 9 9 9Michigan 9 9 9Nevada 9 9 

State-by-state summaries of the HHF proposals are available at http://www.MakingHomeAffordable.gov/pr_06232010.htm

proposals are available at http://www.FinancialStability.gov/roadtostability/hardesthitfund.html. 

What is the Second Funding of the Hardest Hit Fund? In March 2010, the Obama Administration announced an expansion of the initiative to target additional states with higliving in local areas of concentrated economic distress. • The second Hardest Hit Fund will include up to $600 million in funding for locally tailored measures to help fa

otherwise avoid foreclosure in five states that have areas of concentrated economic distress. The $600 million in person basis to the $1.5 billion awarded in the first HHF. 

• While the first HHF targeted five states affected by home price declines greater than 20 percent, the second HHF t

concentration of their population living in counties with unemployment rates greater than 12 percent, on average

The five states that will receive allocations based on this criterion are: North Carolina, Ohio, Oregon, Rhode Islaforth below is a summary of the methodology used to determine calculations: 

4 States that were allocated funds under the first HHF program are not eligible for the second HHF program. 
Monthly 105(a) Report 

Economic Distress

State

State 

Population 

in 2009

Population 

Living in High 

Unemp Counties

% of State Pop 

Living in High 

Unemp Counties

% of Total Pop in 

High Unemp 

Counties 

for Top 5 States

Allocati

Cap 

($million

Rhode Island 1,053,209 627,690 60% 7% $43

South Carolina 4,561,242 2,022,492 44% 23% $138Orgeon 3,825,657 1,281,675 34% 15% $88North Carolina 9,380,884 2,332,246 25% 27% $159Ohio 11,542,645 2,514,678 22% 29% $172

Total $600

State Totals Allocation

• To receive funding, programs must satisfy the requirements for funding under EESA. These requirements inclu

must be an eligible financial institution and that the funds must be used to pay for programs designed to prevenother permitted uses under EESA. 

• The objective of the HHF program is to develop creative, effective approaches to the housing crisis that consider lo

outlined some of the possible types of transactions that would meet EESA requirements: 3⁄4 Assistance to unemployed borrowers to help them avoid foreclosure; modifications of mortgage loans held 

institutions or incentives for servicers/investors to modify loans; mortgage modifications with principal forbearaportion of an overleveraged loan and taking back a note from the borrower for that amount in order to facilassistance with short sales and deeds-in-lieu of foreclosure; incentives for financial institutions to write-down balance for homeowners with severe negative equity; or incentives to reduce or modify second liens. 

Other ideas and transaction types (including innovations related to the existing “Making Home Affordable” programby-case basis for compliance with EESA. 

• Treasury will ensure accountability and transparency of the HHF program: all funded program designs and effectiv

online and program activity will be subject to oversight under EESA. 

What is the Third Funding of the Hardest Hit Fund? • Please refer to Program Updates of this August report for a description of the Third Funding under this program. 
Monthly 105(a) Report 

Office of the Special Master for TARP Executive Compensation

What is the scope of the Special Master's review? • In June 2009, Treasury published the Interim Final Rule (the “Rule”) on TARP Standards for Compensation 

promulgated under the EESA as amended by the American Recovery and Reinvestment Act of 2009 (the “Recovdistinct requirements for recipients of TARP funding under certain programs, including CPP participants and recipassistance. The exceptional assistance recipients currently include the following firms: AIG, Ally Financial (formerBank of America and Citigroup ceased to be exceptional assistance recipients upon their respective repayments from exceptional assistance programs in December 2009. As detailed below, Chrysler Financial ceased to brecipient in May 2010, when its remaining TARP obligations for purposes of the Rule were extinguished. 

• The Rule created the Office of the Special Master and provided the Special Master with specific powers designed 

at these firms is in line with long-term value creation and financial stability. These include: 3⁄4 Review of Payments: Each recipient of exceptional assistance must obtain the Special Master’s approval of com

including payments made pursuant to those structures, for the senior executive officers and 20 next most h(“Top 25”); 

3⁄4 Review of Structures: Each recipient of exceptional assistance must obtain the Special Master’s approval of co

for all executive officers and the 100 most highly compensated employees (“Covered Employees 26 – 100”); 

3⁄4 Interpretation: The Special Master has interpretive authority over the executive compensation provisions of E

Final Rule, and authority to make all determinations as to the application of those provisions to particular facts; 

3⁄4 Prior Payments: The “lookback” provision (i.e., Section 111(f)) of EESA requires a review of bonuses, retent

compensation paid to the senior executive officers and 20 next most highly compensated employees of eaassistance before February 17, 2009, in order for the Special Master to determine whether the payments were interest. If a payment is determined to be contrary to the public interest, the Special Master is resporeimbursements of such payments. 

• The Rule also requires that the compensation committee, CEO, and CFO, of each TARP recipient provide certain 

respect to compliance with the Rule. These certifications are due within 90 days (in the case of the CEO and CFO the case of the compensation committee) of the completion of the TARP recipient’s fiscal year. 

• In addition to the executive compensation requirements, all TARP recipients were required to adopt a luxury expe

the requirements of the Rule, provide the policy to Treasury, and post the policy on their Internet website, in each publication of the Rule (or, if later, 90 days following the closing date of the agreement between the TARP recpolicies are generally required to address expenses including entertainment or other events, office and facility reno

transportation services. 
Monthly 105(a) Report 

Determinations for the Top 25 Employees • In October 2009, the Office of the Special Master for TARP Executive Compensation released determinations on 

for the Top 25 at the seven firms that were then exceptional assistance recipients.5 The Office of the Special Mcompanies’ initial proposals for these Top 25 executives and approved a modified set of compensation structures w

3⁄4 Cash salaries generally no greater than $500,000, with the remainder of compensation in equity, mostly in the 

salary,” which executives must hold until 2011, after which it can be transferred in three equal, annual inacceleration of one year upon the company’s repayment of federal assistance). 

3⁄4 Annual incentives payable in “long-term restricted stock,” which is forfeited unless the employee provides three 

it is granted, in amounts determined based on objective performance criteria. Actual payment of the restricted 

company’s repayment of TARP funds (the stock may be paid in 25% installments for each 25% of TARP obligat

3⁄4 $25,000 limit on perquisites and “other” compensation, absent special justification. 3⁄4 No further accruals or company contributions to executive pension and retirement programs. 

• In March 2010, the Office of the Special Master issued rulings for the 2010 compensation for the Top 25 executiv

then exceptional assistance recipients: AIG, Chrysler, Chrysler Financial, GM, and GMAC. The rulings have the fol3⁄4 Decreased total cash compensation by 33 percent compared to the cash compensation these individual executi

3⁄4 Reduced total compensation at AIG, GMAC, and Chrysler Financial by 15 percent compared to the pay these e

2009; and 

3⁄4 Kept cash salaries at $500,000 or less, other than in exceptional cases. 

Determinations for the Covered Employees 26 - 100 • In December 2009, the Special Master issued determinations on the compensation structures for Covered Employ

firms that were then exceptional assistance recipients. Unlike the October rulings, which addressed specific amexecutives, Treasury regulations require the Special Master only to address compensation structures for Covered determinations covered four companies: AIG, Citigroup, GM, and GMAC. Chrysler and Chrysler Financial weremployee) not required to obtain the Special Master’s approval during this round because total pay for each e

$500,000 “safe harbor” limitation in Treasury's compensation regulations. . 

• The 2009 compensation structures approved by the Special Master for the Covered Employees 26 –100 have the f

5 Copies of the determination letters and information on executive compensation is available at: http://www.FinancialStability.gov/about/executive
Monthly 105(a) Report 

3⁄4 Short-term cash compensation is restricted. Cash salaries are generally limited to $500,000 other than in ex

overall cash is limited in most cases to 45% of total compensation in cash. All other pay must be in company st

3⁄4 Incentive compensation without real achievement of performance is forbidden. Total incentives are limited to 

payments may be made only if objective goals are achieved, and all such payments must be subject to “claw

illusory; 

3⁄4 Compensation structures must have a long-term focus. In most cases, at least 50 percent of total compensa

three years, at least 50 percent of incentive pay must be granted in long-term stock, and any cash incentives mat least two years—single, lump-sum cash bonuses are not permitted; and 

3⁄4 Pay practices that are not aligned with shareholder and taxpayer interests, such as golden parachutes, su

retirement benefits, excessive perquisites and tax gross-ups are frozen or forbidden. 

• In April 2010, the Office of the Special Master issued rulings for 2010 compensation structures for Covered E

remaining firms receiving exceptional assistance. These rulings reaffirmed that the principles and requirements oCovered Employees 26-100 must continue to apply in 2010. 

• In addition to determinations for the Top 25 Employees and Covered Employees 26-100 groups, the Special Mas

determinations from time to time, including determinations approving pay packages for the new chief executive o

chief financial officer of GM. The pay packages approved by the Special Master for the newly hired executivprinciples and structures of the regular determinations. All the Special Master’s determinations are available at the 

Effects of TARP Repayment • Prior to the Special Master’s issuance of determinations for the Covered Employees 26–100 groups, Bank 

obligations. As a result, the compensation structures for Bank of America’s Covered Employees 26–100 were no Master’s review, and no determination in that regard was issued. Payments to Bank of America’s Top 25 rerepayment, however, remain subject to the Special Master’s October 2009 determinations. 

• After the Special Master issued determinations for the Covered Employees 26–100 groups, Citigroup repaid ce

ceased to be an "exceptional assistance recipient” for purposes of the Rule. As a result, Special Master approcompensation structures and payments to Citigroup executives. Payments and compensation structures for CitigEmployees 26–100 relating to service prior to the repayment, however, remain subject to the Special Master’s O

determinations, respectively. The executive compensation restrictions that apply to TARP recipients that are recipients” will continue to apply to Citigroup until it extinguishes its remaining TARP obligations. 

• Chrysler Financial fully repaid its loan from Treasury in July 2009 (prior to the Special Master’s initial deter

exceptional assistance recipient because its affiliates still had outstanding TARP obligations under an exceptioremaining obligations at affiliate companies were extinguished for purposes of the Rule in May 2010, upon settlement payment as satisfaction in full of all existing debt obligations of Chrysler Financial’s parent, CGI Holdi
Monthly 105(a) Report 

Master approval is not required for future compensation structures and payments to Chrysler Financial executives. 

structures for Chrysler Financial’s Top 25 and Covered Employees 26 – 100 relating to service prior to the paymenthe Special Master’s previous determinations. 

Review of Prior Payments – “Lookback” Review • In July 2010, the Special Master announced the conclusion of the “lookback” review of bonuses and other co

executives at TARP recipients between the date these companies first received TARP financial assistance and Feb

Master was charged with reviewing these payments to determine if they were “inconsistent with the purposes of TARP or were otherwise contrary to the public interest.” The Special Master found that most of the reviewed paymfully repaid their TARP financial assistance, or were taken into consideration in the Special Master’s 2009 determin

assistance recipients.” Additionally, at the time the reviewed payments were made, compensation such as cash cwere permitted by the rules then in place. The Special Master therefore did not determine that any of the reviewethe public interest. The Special Master nevertheless concluded that some action was warranted. He therefrecipients adopt a prospective compensation policy that would provide companies the authority to alter pending pevent of a financial crisis. Adoption of the proposed policy is voluntary. 

• For complete information regarding the Special Master’s review of prior payments, please visit: 

http://www.FinancialStability.gov/about/executivecompensation.html and http://www.FinancialStability.gov/latest/pr_
Monthly 105(a) Report 

III. How Treasury Exercises Its Voting Rights

Treasury is a shareholder in General Motors, Ally Financial (formerly GMAC), Citigroup and Chrysler. The Obama A

core principles will guide Treasury’s management of financial interests in private firms. One such principle is that the Unot interfere with or exert control over day-to-day company operations and, in the event that the government obtains o

only on key governance issues. These core principles also include Treasury's commitment to seek to dispose of its owpracticable. Treasury will follow these principles in a manner consistent with the obligation to promote the liquidity 

system. • Treasury does not participate in the day-to-day management of any company in which it has an investment nor is 

director of any such company. Treasury’s investments have generally been in the form of non-voting securities opreferred shares that Treasury holds in financial institutions under the Capital Purchase Program do not have votinlimited circumstances, such as amendments to the charter of the company, or in the event dividends are not pa

which case Treasury has the right to elect two directors to the board. 

• Treasury has announced that it will follow the following principles in exercising its voting rights: (1) Treasury inten

vote only on certain matters consisting of the election or removal of directors; certain major corporate transactions substantial amounts of assets, and dissolution; issuances of equity securities where shareholders are entitled to vthe charter or bylaws; (2) on all other matters, Treasury will either abstain from voting or vote its shares in the samor abstain) as all other shares of the company's stock are voted. 

• In connection with Treasury’s ownership of common stock of GM, Ally Financial and Chrysler, Treasury rece

designate members of the board of directors for each of the companies. 

• For public companies such as Citigroup, Treasury has entered into an agreement in which these principles a

companies such as GM, Ally and Chrysler, Treasury follows the principles voluntarily or as set forth in a stockholde

are largely reflected as terms following an initial public offering (IPO). 

• In the case of AIG: 

3⁄4 The U.S. Treasury is the beneficiary of a trust created by the Federal Reserve Bank of New York (FRBNY). T

having 79.8% of the voting rights of the common stock. The FRBNY has appointed three independent trustees to vote on the stock and dispose of the stock with prior approval of FRBNY and after consultation with Treasuryprovides that the trustees cannot be employees of Treasury or the FRBNY. The trust exists for the benefit of ththe Department of the Treasury does not control the trust and it cannot direct the trustees. 

3⁄4 Treasury owns preferred stock in AIG which does not have voting rights except in certain limited circ

amendments to the charter). Treasury has the right to appoint directors because AIG failed to pay dividends fopreferred stock held by Treasury. 
Monthly 105(a) Report 

Appendix 2 

Financial Statement 
Budget

Object Class 

(BOC) Budget Object Class Title Obligations Expenditures

P

O

PERSONNEL SERVICES 1100 & 1200 PERSONNEL COMPENSATION & BENEFITS 42,004,869 $ 41,778,338 $ 

$ 

PERSONNEL SERVICES Total: 42,004,869 $ 41,778,338 $ 

$ 

2100 TRAVEL & TRANSPORTATION OF PERSONS 792,261 $ 744,626 $ 

$ 

2200 TRANSPORTATION OF THINGS 11,960 11,960 

 

2300 RENTS, COMMUNICATIONS, UTILITIES & MISC CHARGES 669,885 335,924 

 

2400 PRINTING & REPRODUCTION 395 395 

 

2500 OTHER SERVICES 127,651,687 93,911,512 

 

2600 SUPPLIES AND MATERIALS 526,597 499,867 

 

3100 EQUIPMENT 232,054 222,675 

 

3200 LAND & STRUCTURES - - 

 

4300 INTEREST & DIVIDENDS 27 27 

 

NON-PERSONNEL SERVICES Total: 129,884,866 $ 95,726,986 $ 

$ 

GRAND TOTAL: 171 $ 137 ,889,734 $ ,505,324 $ 

United States Department of the Treasury

Office of Financial Stability

Report of Administrative Obligations and Expenditures

For Period Ending

August 31, 2010 

NON-PERSONNEL SERVICES

GRAND TOTAL: $ 171,889,734 $ 137,505,324 $ 
U.S. Treasury Department

Office of Financial Stability

Troubled Asset Relief Program

Agreements Under TARP [Section 105(a)(3)(A)]

For Period Ending August 31, 2010

Date

Approved Type of 

or Renewed Transaction Vendor Purpose

10/10/2008 BPA Simpson, Thacher & Bartlett Legal Services

10/11/2008 BPA EnnisKnupp Investment and Advisory Services

10/14/2008 Financial Agent Bank of New York Mellon Custodian and Cash Management

10/16/2008 BPA PricewaterhouseCoopers Internal Control Services

10/18/2008 BPA Ernst & Young Accounting Services

10/23/2008 IAA GSA - Turner Consulting* Archiving Services

10/29/2008 BPA Hughes Hubbard & Reed Legal Services

10/29/2008 BPA Squire Sanders & Dempsey Legal Services

10/31/2008 Contract Lindholm & Associates* Human Resources Services

11/7/2008 BPA Thacher Proffitt & Wood** Legal Services

11/14/2008 IAA Securities and Exchange Commission Detailees

11/14/2008 Procurement CSC Systems and Solutions IT Services

12/3/2008 IAA Trade and Tax Bureau - Treasury IT Services

12/5/2008 IAA Department of Housing and Urban Development Detailees

12/5/2008 Procurement Washington Post Vacancy Announcement

12/12/2008 IAA Pension Benefit Guaranty Corp. Legal Services

12/15/2008 IAA Office of Thrift Supervision Detailees

12/24/2008 Procurement Cushman and Wakefield of VA, Inc. Painting

1/6/2009 IAA Office of the Controller of the Currency Detailees

1/6/2009 IAA State Department Detailees

1/7/2009 Procurement Colonial Parking Parking 

1/9/2009 IAA Internal Revenue Service Detailees

1/27/2009 BPA Cadwalader Wickersham & Taft, LLP Legal Services

1/27/2009 Procurement Whitaker Brothers Bus. Machines* Office Machines

2/2/2009 IAA Government Accountability Office Oversight

2/9/2009 Contract Pat Taylor and Associates, Inc* Temporary Employee Services

2/12/2009 Contract Locke Lord Bissell & Lidell LLP Legal Services

2/18/2009 Financial Agent Freddie Mac Homeownership Program

2/18/2009 Financial Agent Fannie Mae Homeownership Program

2/20/2009 IAA Congressional Oversight Panel Oversight

2/20/2009 Contract Simpson, Thacher & Bartlett Legal Services

2/22/2009 Contract Venable LLP Legal Services

3/6/2009 Contract Boston Consulting Group Management Consulting Support

3/16/2009 Financial Agent EARNEST Partners Asset Management Services

3/23/2009 Procurement Heery International Inc. Architects

3/30/2009 Contract McKee Nelson, LLP*** Legal Services

3/30/2009 Contract Sonnenschein Nath & Rosenthal Legal Services 

3/30/2009 Contract Cadwalader Wickersham & Taft, LLP Legal Services 

3/30/2009 Contract Haynes and Boone LLP Legal Services

3/31/2009 BPA FI Consulting* Modeling and Analysis

4/3/2009 Procurement American Furniture Rentals* Office Furniture 

4/17/2009 Procurement Herman Miller Office Furniture 

4/17/2009 IAA Bureau of Printing and Engraving Detailee

4/21/2009 Financial Agent AllianceBernstein Asset Management Services

4/21/2009 Financial Agent FSI Group Asset Management Services

4/21/2009 Financial Agent Piedmont Investment Advisors Asset Management Services

5/4/2009 IAA Federal Reserve Detailee

5/14/2009 Contract Phacil* FOIA Services

5/14/2009 IAA Department of Treasury - US Mint Administrative Support

5/22/2009 IAA Department of Justice - ATF Detailee

5/26/2009 Contract Anderson, McCoy & Orta, LLP* Legal Services

5/26/2009 Contract Simpson, Thacher & Bartlett Legal Services

6/5/2009 Contract Department of Treasury - Internal Revenue Service Administrative Support

6/8/2009 IAA Department of Treasury - Financial Management Service Administrative Support

6/29/2009 IAA Department of Interior Administrative Support

7/15/2009 Contract Judicial Watch Legal Advisory

7/17/2009 Contract Korn Ferry International Administrative Support y

7/30/2009 Contract Cadwalader Wickersham & Taft, LLP Legal Advisory

7/30/2009 Contract Debevoise & Plimpton, LLP Legal Advisory

7/30/2009 Contract Fox Hefter Swibel Levin & Carol, LLP Legal Advisory

8/11/2009 IAA NASA Detailee

8/18/2009 Contract Mercer, Inc. Administrative Support

9/2/2009 Contract Knowledge Mosaic Inc.* Administrative Support

9/10/2009 Contract Equilar, Inc.* Administrative Support

9/14/2009 Contract PricewaterhouseCoopers Asset Management Services

9/30/2009 Contract SNL Financial LC Financial Advisory

11/29/2009 IAA Department of the Treasury - Departmental Offices Administrative Support

12/22/2009 Financial Agent Avondale Investments, LLC* Financial Advisory

12/22/2009 Financial Agent Bell Rock Capital, LLC* Financial Advisory

12/22/2009 Financial Agent Howe Barnes Hoefer and Arnett, Inc. Financial Advisory

12/22/2009 Financial Agent KBW Asset Management, Inc. Financial Advisory

12/22/2009 Financial Agent Lombardia Capital Partners, LLC* Financial Advisory

12/22/2009 Financial Agent Paradigm Asset Management, LLC* Financial Advisory

1/4/2010 IAA Federal Maritime Commission Detailee

1/15/2010 Contract Association of Government Accountants Administrative Support

1/29/2010 Contract NNA Inc. Administrative Support

2/16/2010 Contract The MITRE Corporation Administrative Support

3/29/2010 Financial Agent Morgan Stanley Asset Management Services

4/12/2010 Contract EnnisKnupp Financial Advisory

4/13/2010 BPA Qualx Corporation Administrative Support

4/14/2010 Contract Squire Sanders & Dempsey Legal Advisory

4/20/2010 IAA FMS-Gartner Administrative Support

4/20/2010 BPA Microlink LLC Administrative Support

4/22/2010 BPA Digital Management Inc. Administrative Support

4/23/2010 BPA RDA Corporation Administrative Support

5/17/2010 Financial Agent Lazard Frères & Co. LLC Financial Advisory

6/24/2010 Contract Reed Elsevier Inc. Administrative Support

6/30/2010 Contract George Washington University Administrative Support

7/21//2010 Contract Navigant Consulting, Inc. Administrative Support

7/21//2010 Contract Regis & Associates PC* Administrative Support

7/22/2010 Contract Schiff Hardin LLP Legal Advisory

7/22/2010 Contract PricewaterhouseCoopers Administrative Support

7/22/2010 Contract Ernst & Young Administrative Support

7/27/2010 Contract West Publishing Corporation Administrative Support

8/6/2010 Contract Alston & Bird LLP Legal Advisory

8/6/2010 Contract Cadwalader Wickersham & Taft, LLP Legal Advisory

8/6/2010 Contract Fox Hefter Swibel Levin & Carol, LLP Legal Advisory

8/6/2010 Contract Haynes and Boone LLP Legal Advisory

8/6/2010 Contract Hughes Hubbard & Reed Legal Advisory

8/6/2010 Contract Love & Long LLP* Legal Advisory

8/6/2010 Contract Orrick Herrington Sutcliffe LLP Legal Advisory

8/6/2010 Contract Paul, Weiss, Rifkind, Wharton & Garrison LLP Legal Advisory

8/6/2010 Contract Perkins Coie LLP Legal Advisory

8/6/2010 Contract Shulman, Rogers, Gandal, Pordy & Ecker, PA Legal Advisory

8/6/2010 Contract Seyfarth Shaw LLP Legal Advisory

8/6/2010 Contract Sullivan Cove Reign Enterprises JV* Legal Advisory

8/6/2010 Contract Venable LLP Legal Advisory

8/12/2010 Contract Knowledge Mosaic Inc.* Administrative Support

* Small or Women-, or Minority-Owned Small Business

**Contract responsibilities assumed by Sonnenschein Nath & Rosenthal via novation.

***Contract responsibilities assumed by Bingham McCutchen, LLP via novation.
U.S. Treasury Department

Office of Financial Stability

Troubled Asset Relief Program

Insurance Contracts [Section 105(a)(3)(B)]

For Period Ending August 31, 2010

Name Amount

Termination of the $5,000,000,000 Master Agreement 

between Citigroup and the UST, and FDIC occurred on 

December 23, 2009 due to the improvement of Citigroup's 

financial condition and financial market stability. 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

1b 10/28/2008 Bank of America Corporation Charlotte NC Preferred Stock w/ Warrants 15,000,000,000 $ Par 12/9/2009 

10/28/2008 The Bank of New York Mellon Corporation New York NY Preferred Stock w/ Warrants 3,000,000,000 $ Par 6/17/2009 

11, 23 - 

5/26/2010 10/28/2008 Citigroup Inc. New York NY Common Stock w/ Warrants $ 25,000,000,000 Par ** 

10/28/2008 The Goldman Sachs Group, Inc. New York NY Preferred Stock w/ Warrants 10,000,000,000 $ Par 6/17/2009 

10/28/2008 JPMorgan Chase & Co. New York NY Preferred Stock w/ Warrants 25,000,000,000 $ Par 6/17/2009 

10/28/2008 Morgan Stanley New York NY Preferred Stock w/ Warrants 10,000,000,000 $ Par 6/17/2009 

10/28/2008 State Street Corporation Boston MA Preferred Stock w/ Warrants 2,000,000,000 $ Par 6/17/2009 

10/28/2008 Wells Fargo & Company San Francisco CA Preferred Stock w/ Warrants 25,000,000,000 $ Par 12/23/2009 

11/14/2008 Bank of Commerce Holdings Redding CA Preferred Stock w/ Warrants 17,000,000 $ Par 

11/14/2008 1st FS Corporation Hendersonville NC Preferred Stock w/ Warrants 16,369,000 $ Par 

14 11/14/2008 UCBH Holdings, Inc. San Francisco CA Preferred Stock w/ Warrants 298,737,000 $ Par 

11/14/2008 N th T t C ti Chi IL P f d St k / W t $ 1 576 000 000 P 6/17/2009 

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

For Period Ending August 31, 2010

CAPITAL PURCHASE PROGRAM

Transactions Report [Section 105(3)(C, D, G)]

U.S. Treasury Department

Office of Financial Stability

Troubled Asset Relief Program

11/14/2008 Northern Trust Corporation Chicago IL Preferred Stock w/ Warrants 1,576,000,000 $ Par 6/17/2009 

11/14/2008 SunTrust Banks, Inc. Atlanta GA Preferred Stock w/ Warrants 3,500,000,000 $ Par 

3a - 

11/24/2009 11/14/2008 Broadway Financial Corporation Los Angeles CA Preferred Stock 9,000,000 $ Par 

11/14/2008 Washington Federal, Inc. Seattle WA Preferred Stock w/ Warrants 200,000,000 $ Par 5/27/2009 

11/14/2008 BB&T Corp. Winston-Salem NC Preferred Stock w/ Warrants 3,133,640,000 $ Par 6/17/2009 

11/14/2008

M&T Bank Corporation (Provident Bancshares Corp.) Baltimore MD Preferred Stock w/ Warrants 151,500,000 $ Par 

11/14/2008 Umpqua Holdings Corp. Portland OR Preferred Stock w/ Warrants 214,181,000 $ Par 2/17/2010 

11/14/2008 Comerica Inc. Dallas TX Preferred Stock w/ Warrants 2,250,000,000 $ Par 3/17/2010 

11/14/2008 Regions Financial Corporation Birmingham AL Preferred Stock w/ Warrants 3,500,000,000 $ Par 11/14/2008 Capital One Financial Corporation McLean VA Preferred Stock w/ Warrants 3,555,199,000 $ Par 6/17/2009 

11/14/2008 First Horizon National Corporation Memphis TN Preferred Stock w/ Warrants 866,540,000 $ Par 11/14/2008 Huntington Bancshares Columbus OH Preferred Stock w/ Warrants 1,398,071,000 $ Par 11/14/2008 KeyCorp Cleveland OH Preferred Stock w/ Warrants 2,500,000,000 $ Par 

6/3/2009 

9/23/2009 

12/23/2009 

11/14/2008 Zions Bancorporation Salt Lake City UT Preferred Stock w/ Warrants 1,400,000,000 $ Par 11/14/2008 Marshall & Ilsley Corporation Milwaukee WI Preferred Stock w/ Warrants 1,715,000,000 $ Par 11/14/2008 U.S. Bancorp Minneapolis MN Preferred Stock w/ Warrants 6,599,000,000 $ Par 6/17/2009 11/14/2008 TCF Financial Corporation Wayzata MN Preferred Stock w/ Warrants 361,172,000 $ Par 4/22/2009 

11/21/2008 First Niagara Financial Group Lockport NY Preferred Stock w/ Warrants 184,011,000 $ Par 5/27/2009 

11/21/2008 HF Financial Corp. Sioux Falls SD Preferred Stock w/ Warrants 25,000,000 $ Par 6/3/2009 

11/21/2008 Centerstate Banks of Florida Inc. Davenport FL Preferred Stock w/ Warrants 27,875,000 $ Par 9/30/2009 

12/30/2009 

11/21/2008 City National Corporation Beverly Hills CA Preferred Stock w/ Warrants $ 400 000 000 Par

11/14/2008 Valley National Bancorp Wayne NJ Preferred Stock w/ Warrants $ Par 300,000,000 

3/3/2010 

11/21/2008 First Community Bankshares Inc. Bluefield VA Preferred Stock w/ Warrants 41,500,000 $ Par 7/8/2009 

11/21/2008 Western Alliance Bancorporation Las Vegas NV Preferred Stock w/ Warrants 140,000,000 $ Par 

11/21/2008 Webster Financial Corporation Waterbury CT Preferred Stock w/ Warrants 400,000,000 $ Par 3/3/2010 

29 - 

8/27/2010 11/21/2008 Pacific Capital Bancorp Santa Barbara CA Mandatorily Convertible Preferred Stock w/ Warrants $ Par 195,045,000

11/21/2008 Heritage Commerce Corp. San Jose CA Preferred Stock w/ Warrants 40,000,000 $ Par 

11/21/2008 Ameris Bancorp Moultrie GA Preferred Stock w/ Warrants 52,000,000 $ Par 11/21/2008 Porter Bancorp Inc. Louisville KY Preferred Stock w/ Warrants 35,000,000 $ Par 11/21/2008 Banner Corporation Walla Walla WA Preferred Stock w/ Warrants 124,000,000 $ Par 11/21/2008 Cascade Financial Corporation Everett WA Preferred Stock w/ Warrants 38,970,000 $ Par 

11/21/2008 City National Corporation Beverly Hills CA Preferred Stock w/ Warrants $ 400,000,000 Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

11/21/2008 Columbia Banking System, Inc. Tacoma WA Preferred Stock w/ Warrants 76,898,000 $ Par 8/11/2010 

11/21/2008 Heritage Financial Corporation Olympia WA Preferred Stock w/ Warrants 24,000,000 $ Par 11/21/2008 First PacTrust Bancorp, Inc. Chula Vista CA Preferred Stock w/ Warrants 19,300,000 $ Par 

11/21/2008 Severn Bancorp, Inc. Annapolis MD Preferred Stock w/ Warrants 23,393,000 $ Par 

1/13/2010 

6/16/2010 

11/21/2008 Associated Banc-Corp Green Bay WI Preferred Stock w/ Warrants 525,000,000 $ Par 11/21/2008 Trustmark Corporation Jackson MS Preferred Stock w/ Warrants 215,000,000 $ Par 12/9/2009 

11/21/2008 First Community Corporation Lexington SC Preferred Stock w/ Warrants 11,350,000 $ Par 

11/21/2008 Taylor Capital Group Rosemont IL Preferred Stock w/ Warrants 104,823,000 $ Par 

11/21/2008 Nara Bancorp, Inc. Los Angeles CA Preferred Stock w/ Warrants 67,000,000 $ Par 

14, 20 12/5/2008 Midwest Banc Holdings, Inc. Melrose Park IL Mandatorily Convertible Preferred Stock w/ Warrants $ Par 89,388,000

12/5/2008 MB Financial Inc. Chicago IL Preferred Stock w/ Warrants 196,000,000 $ Par 

12/5/2008 First Midwest Bancorp, Inc. Itasca IL Preferred Stock w/ Warrants 193,000,000 $ Par 

12/5/2008 United Community Banks, Inc. Blairsville GA Preferred Stock w/ Warrants 180,000,000 $ Par 

12/5/2008 WesBanco, Inc. Wheeling WV Preferred Stock w/ Warrants 75,000,000 $ Par 9/9/2009 

12/5/2008 Encore Bancshares Inc. Houston TX Preferred Stock w/ Warrants 34,000,000 $ Par 

12/5/2008 Manhattan Bancorp El Segundo CA Preferred Stock w/ Warrants 1,700,000 $ Par 9/16/2009 

12/5/2008 Iberiabank Corporation Lafayette LA Preferred Stock w/ Warrants 90,000,000 $ Par 3/31/2009 

12/5/2008 Eagle Bancorp, Inc. Bethesda MD Preferred Stock w/ Warrants 38,235,000 $ Par 12/23/2009 

11/21/2008 Boston Private Financial Holdings, Inc. Boston MA Preferred Stock w/ Warrants $ Par 154,000,000

12/5/2008 Sandy Spring Bancorp, Inc. Olney MD Preferred Stock w/ Warrants 83,094,000 $ Par 7/21/2010 

12/5/2008 Coastal Banking Company, Inc. Fernandina Beach FL Preferred Stock w/ Warrants 9,950,000 $ Par 

12/5/2008 East West Bancorp Pasadena CA Preferred Stock w/ Warrants 306,546,000 $ Par 

26 - 

5/18/2010 12/5/2008 South Financial Group, Inc. Greenville SC Preferred Stock w/ Warrants 347,000,000 $ Par 

12/5/2008 Great Southern Bancorp Springfield MO Preferred Stock w/ Warrants 58,000,000 $ Par 

12/5/2008 Cathay General Bancorp Los Angeles CA Preferred Stock w/ Warrants 258,000,000 $ Par 12/5/2008 Southern Community Financial Corp. Winston-Salem NC Preferred Stock w/ Warrants 42,750,000 $ Par 

8/26/2009 

9/2/2009 

12/5/2008 First Defiance Financial Corp. Defiance OH Preferred Stock w/ Warrants 37,000,000 $ Par 

12/5/2008 First Financial Holdings Inc. Charleston SC Preferred Stock w/ Warrants 65,000,000 $ Par 

17 12/5/2008 Superior Bancorp Inc. Birmingham AL Trust Preferred Securities w/ Warrants 69,000,000 $ Par 

12/5/2008 Southwest Bancorp, Inc. Stillwater OK Preferred Stock w/ Warrants 70,000,000 $ Par 

12 12/5/2008 Popular, Inc. San Juan PR Trust Preferred Securities w/ Warrants 935,000,000 $ Par 

12/5/2008 Blue Valley Ban Corp Overland Park KS Preferred Stock w/ Warrants 21,750,000 $ Par 

12/5/2008 Central Federal Corporation Fairlawn OH Preferred Stock w/ Warrants 7,225,000 $ Par 

12/5/2008 Bank of Marin Bancorp Novato CA Preferred Stock w/ Warrants 28,000,000 $ Par 3/31/2009 

12/5/2008 BNC Bancorp Thomasville NC Preferred Stock w/ Warrants 31,260,000 $ Par 

12/5/2008 Central Bancorp, Inc. Somerville MA Preferred Stock w/ Warrants 10,000,000 $ Par 

12/5/2008 Southern Missouri Bancorp, Inc. Poplar Bluff MO Preferred Stock w/ Warrants 9,550,000 $ Par 

12/5/2008 State Bancorp, Inc. Jericho NY Preferred Stock w/ Warrants 36,842,000 $ Par 

12/5/2008 TIB Financial Corp Naples FL Preferred Stock w/ Warrants 37,000,000 $ Par 

12/5/2008 Unity Bancorp, Inc. Clinton NJ Preferred Stock w/ Warrants 20,649,000 $ Par 

12/5/2008 Old Line Bancshares, Inc. Bowie MD Preferred Stock w/ Warrants 7,000,000 $ Par 7/15/2009 

12/5/2008 FPB B I P t St L i FL P f d St k / W t $ 5 800 000 P

12/5/2008 CVB Financial Corp Ontario CA Preferred Stock w/ Warrants 130,000,000 $ Par 

12/5/2008 FPB Bancorp, Inc. Port St. Lucie FL Preferred Stock w/ Warrants 5,800,000 $ Par 

24 12/5/2008 Sterling Financial Corporation Spokane WA Common Stock w/ Warrants 303,000,000 $ Par 

12/5/2008 Oak Valley Bancorp Oakdale CA Preferred Stock w/ Warrants 13,500,000 $ Par 

12/12/2008 Old National Bancorp Evansville IN Preferred Stock w/ Warrants 100,000,000 $ Par 3/31/2009 

12/12/2008 Capital Bank Corporation Raleigh NC Preferred Stock w/ Warrants 41,279,000 $ Par 12/12/2008 Pacific International Bancorp Seattle WA Preferred Stock w/ Warrants 6,500,000 $ Par 12/12/2008 SVB Financial Group Santa Clara CA Preferred Stock w/ Warrants 235,000,000 $ Par 12/23/2009 

12/12/2008 LNB Bancorp Inc. Lorain OH Preferred Stock w/ Warrants 25,223,000 $ Par 12/12/2008 Wilmington Trust Corporation Wilmington DE Preferred Stock w/ Warrants 330,000,000 $ Par 

12/12/2008 Susquehanna Bancshares, Inc Lititz PA Preferred Stock w/ Warrants 300,000,000 $ Par 4/21/2010 

12/12/2008 Signature Bank New York NY Preferred Stock w/ Warrants 120,000,000 $ Par 3/31/2009 12/12/2008 HopFed Bancorp Hopkinsville KY Preferred Stock w/ Warrants 18,400,000 $ Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

12/12/2008 Citizens Republic Bancorp, Inc. Flint MI Preferred Stock w/ Warrants 300,000,000 $ Par 

12/12/2008 Indiana Community Bancorp Columbus IN Preferred Stock w/ Warrants 21,500,000 $ Par 12/12/2008 Bank of the Ozarks, Inc. Little Rock AR Preferred Stock w/ Warrants 75,000,000 $ Par 11/4/2009 

12/12/2008 Center Financial Corporation Los Angeles CA Preferred Stock w/ Warrants 55,000,000 $ Par 

12/12/2008 NewBridge Bancorp Greensboro NC Preferred Stock w/ Warrants 52,372,000 $ Par 12/12/2008 Sterling Bancshares, Inc. Houston TX Preferred Stock w/ Warrants 125,198,000 $ Par 5/5/2009 

12/12/2008 The Bancorp, Inc. Wilmington DE Preferred Stock w/ Warrants 45,220,000 $ Par 3/10/2010 

12/12/2008 TowneBank Portsmouth VA Preferred Stock w/ Warrants 76,458,000 $ Par 12/12/2008 Wilshire Bancorp, Inc. Los Angeles CA Preferred Stock w/ Warrants 62,158,000 $ Par 

12/12/2008 Valley Financial Corporation Roanoke VA Preferred Stock w/ Warrants 16,019,000 $ Par 

22 12/12/2008 Independent Bank Corporation Ionia MI Mandatorily Convertible Preferred Stock w/ Warrants $ Par 74,426,000

12/12/2008 Pinnacle Financial Partners, Inc. Nashville TN Preferred Stock w/ Warrants 95,000,000 $ Par 12/12/2008 First Litchfield Financial Corporation Litchfield CT Preferred Stock w/ Warrants 10,000,000 $ Par 4/7/2010 

12/12/2008 National Penn Bancshares, Inc. Boyertown PA Preferred Stock w/ Warrants 150,000,000 $ Par 12/12/2008 Northeast Bancorp Lewiston ME Preferred Stock w/ Warrants 4,227,000 $ Par 12/12/2008 Citizens South Banking Corporation Gastonia NC Preferred Stock w/ Warrants 20,500,000 $ Par 12/12/2008 Virginia Commerce Bancorp Arlington VA Preferred Stock w/ Warrants 71,000,000 $ Par 12/12/2008 Fidelity Bancorp, Inc. Pittsburgh PA Preferred Stock w/ Warrants 7,000,000 $ Par 12/12/2008 LSB Corporation North Andover MA Preferred Stock w/ Warrants 15,000,000 $ Par 11/18/2009 12/19/2008 Intermountain Community Bancorp Sandpoint ID Preferred Stock w/ Warrants 27,000,000 $ Par 12/19/2008 Community West Bancshares Goleta CA Preferred Stock w/ Warrants 15,600,000 $ Par 

12/19/2008 Synovus Financial Corp. Columbus GA Preferred Stock w/ Warrants 967,870,000 $ Par 12/19/2008 Tennessee Commerce Bancorp, Inc. Franklin TN Preferred Stock w/ Warrants 30,000,000 $ Par 12/19/2008 Community Bankers Trust Corporation Glen Allen VA Preferred Stock w/ Warrants 17,680,000 $ Par 12/19/2008 BancTrust Financial Group, Inc. Mobile AL Preferred Stock w/ Warrants 50,000,000 $ Par 12/19/2008 Enterprise Financial Services Corp. St. Louis MO Preferred Stock w/ Warrants 35,000,000 $ Par 

12/19/2008 Mid Penn Bancorp, Inc. Millersburg PA Preferred Stock w/ Warrants 10,000,000 $ Par 12/19/2008 Summit State Bank Santa Rosa CA Preferred Stock w/ Warrants 8,500,000 $ Par 

12/19/2008 VIST Financial Corp. Wyomissing PA Preferred Stock w/ Warrants 25,000,000 $ Par 12/19/2008 Wainwright Bank & Trust Company Boston MA Preferred Stock w/ Warrants 22,000,000 $ Par 11/24/2009 

12/19/2008 Whitney Holding Corporation New Orleans LA Preferred Stock w/ Warrants 300,000,000 $ Par 12/19/2008 The Connecticut Bank and Trust Company Hartford CT Preferred Stock w/ Warrants 5,448,000 $ Par 12/19/2008 CoBiz Financial Inc. Denver CO Preferred Stock w/ Warrants 64,450,000 $ Par 12/19/2008 Santa Lucia Bancorp Atascadero CA Preferred Stock w/ Warrants 4,000,000 $ Par 

12/19/2008 Seacoast Banking Corporation of Florida Stuart FL Preferred Stock w/ Warrants 50,000,000 $ Par 12/19/2008 Horizon Bancorp Michigan City IN Preferred Stock w/ Warrants 25,000,000 $ Par 12/19/2008 Fidelity Southern Corporation Atlanta GA Preferred Stock w/ Warrants 48,200,000 $ Par 12/19/2008 Community Financial Corporation Staunton VA Preferred Stock w/ Warrants 12,643,000 $ Par 12/19/2008 Berkshire Hills Bancorp, Inc. Pittsfield MA Preferred Stock w/ Warrants 40,000,000 $ Par 5/27/2009 

12/19/2008 First California Financial Group, Inc Westlake Village CA Preferred Stock w/ Warrants 25,000,000 $ Par 

12/19/2008 AmeriServ Financial, Inc Johnstown PA Preferred Stock w/ Warrants 21,000,000 $ Par 12/19/2008 Security Federal Corporation Aiken SC Preferred Stock w/ Warrants 18,000,000 $ Par 

12/19/2008 Wintrust Financial Corporation Lake Forest IL Preferred Stock w/ Warrants 250,000,000 $ Par 

12/19/2008 Flushing Financial Corporation Lake Success NY Preferred Stock w/ Warrants 70,000,000 $ Par 10/28/2009 

12/19/2008 Monarch Financial Holdings, Inc. Chesapeake VA Preferred Stock w/ Warrants 14,700,000 $ Par 12/23/2009 12/19/2008 StellarOne Corporation Charlottesville VA Preferred Stock w/ Warrants 30,000,000 $ Par 

18 12/19/2008 Union First Market Bankshares Corporation (Union Bankshares Corporation) Bowling Green VA Preferred Stock w/ Warrants 59,000,000 $ Par 11/18/2009 

12/19/2008 Tidelands Bancshares, Inc Mt. Pleasant SC Preferred Stock w/ Warrants 14,448,000 $ Par 

12/19/2008 Bancorp Rhode Island, Inc. Providence RI Preferred Stock w/ Warrants 30,000,000 $ Par 8/5/2009 

12/19/2008 Hawthorn Bancshares, Inc. Lee's Summit MO Preferred Stock w/ Warrants 30,255,000 $ Par 12/19/2008 The Elmira Savings Bank, FSB Elmira NY Preferred Stock w/ Warrants 9,090,000 $ Par 

12/19/2008 Alliance Financial Corporation Syracuse NY Preferred Stock w/ Warrants 26,918,000 $ Par 5/13/2009 

12/19/2008 Heartland Financial USA, Inc. Dubuque IA Preferred Stock w/ Warrants 81,698,000 $ Par 12/19/2008 Citizens First Corporation Bowling Green KY Preferred Stock w/ Warrants 8,779,000 $ Par 

2 12/19/2008 FFW Corporation Wabash IN Preferred Stock w/ Exercised Warrants 7,289,000 $ Par 2 12/19/2008 Plains Capital Corporation Dallas TX Preferred Stock w/ Exercised Warrants 87,631,000 $ Par 2 12/19/2008 Tri-County Financial Corporation Waldorf MD Preferred Stock w/ Exercised Warrants 15,540,000 $ Par 

2, 3 12/19/2008 OneUnited Bank Boston MA Preferred Stock 12,063,000 $ Par 

2 12/19/2008 Patriot Bancshares, Inc. Houston TX Preferred Stock w/ Exercised Warrants 26,038,000 $ Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

2 12/19/2008 Pacific City Financial Corporation Los Angeles CA Preferred Stock w/ Exercised Warrants 16,200,000 $ Par 

2 12/19/2008 Marquette National Corporation Chicago IL Preferred Stock w/ Exercised Warrants 35,500,000 $ Par 2 12/19/2008 Exchange Bank Santa Rosa CA Preferred Stock w/ Exercised Warrants 43,000,000 $ Par 

2 12/19/2008 Monadnock Bancorp, Inc. Peterborough NH Preferred Stock w/ Exercised Warrants 1,834,000 $ Par 2 12/19/2008 Bridgeview Bancorp, Inc. Bridgeview IL Preferred Stock w/ Exercised Warrants 38,000,000 $ Par 2 12/19/2008 Fidelity Financial Corporation Wichita KS Preferred Stock w/ Exercised Warrants 36,282,000 $ Par 2 12/19/2008 Patapsco Bancorp, Inc. Dundalk MD Preferred Stock w/ Exercised Warrants 6,000,000 $ Par 

2 12/19/2008 NCAL Bancorp Los Angeles CA Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 

2 12/19/2008 FCB Bancorp, Inc. Louisville KY Preferred Stock w/ Exercised Warrants 9,294,000 $ Par 

12/23/2008 First Financial Bancorp Cincinnati OH Preferred Stock w/ Warrants 80,000,000 $ Par 2/24/2010 

12/23/2008 Bridge Capital Holdings San Jose CA Preferred Stock w/ Warrants 23,864,000 $ Par 

12/23/2008 International Bancshares Corporation Laredo TX Preferred Stock w/ Warrants 216,000,000 $ Par 12/23/2008 First Sound Bank Seattle WA Preferred Stock w/ Warrants 7,400,000 $ Par 12/23/2008 M&T Bank Corporation Buffalo NY Preferred Stock w/ Warrants 600,000,000 $ Par 

12/23/2008 Emclaire Financial Corp. Emlenton PA Preferred Stock w/ Warrants 7,500,000 $ Par 12/23/2008 Park National Corporation Newark OH Preferred Stock w/ Warrants 100,000,000 $ Par 12/23/2008 Green Bankshares, Inc. Greeneville TN Preferred Stock w/ Warrants 72,278,000 $ Par 12/23/2008 Cecil Bancorp, Inc. Elkton MD Preferred Stock w/ Warrants 11,560,000 $ Par 12/23/2008 Financial Institutions, Inc. Warsaw NY Preferred Stock w/ Warrants 37,515,000 $ Par 

12/23/2008 Fulton Financial Corporation Lancaster PA Preferred Stock w/ Warrants 376,500,000 $ Par 7/14/2010 

12/23/2008 United Bancorporation of Alabama, Inc. Atmore AL Preferred Stock w/ Warrants 10,300,000 $ Par 

12/23/2008 12/23/2008 MutualFirst Financial, Inc. MutualFirst Financial, Inc. Muncie IN Preferred Stock w/ Warrants 32,382,000 Preferred Stock w/ Warrants $ Par 32,382,000 Par

12/23/2008 BCSB Bancorp, Inc. Baltimore MD Preferred Stock w/ Warrants 10,800,000 $ Par 

12/23/2008 HMN Financial, Inc. Rochester MN Preferred Stock w/ Warrants 26,000,000 $ Par 12/23/2008 First Community Bank Corporation of America Pinellas Park FL Preferred Stock w/ Warrants 10,685,000 $ Par 12/23/2008 Sterling Bancorp New York NY Preferred Stock w/ Warrants 42,000,000 $ Par 

12/23/2008 Intervest Bancshares Corporation New York NY Preferred Stock w/ Warrants 25,000,000 $ Par 

12/23/2008 Peoples Bancorp of North Carolina, Inc. Newton NC Preferred Stock w/ Warrants 25,054,000 $ Par 12/23/2008 Parkvale Financial Corporation Monroeville PA Preferred Stock w/ Warrants 31,762,000 $ Par 12/23/2008 Timberland Bancorp, Inc. Hoquiam WA Preferred Stock w/ Warrants 16,641,000 $ Par 12/23/2008 1st Constitution Bancorp Cranbury NJ Preferred Stock w/ Warrants 12,000,000 $ Par 12/23/2008 Central Jersey Bancorp Oakhurst NJ Preferred Stock w/ Warrants 11,300,000 $ Par 

2 12/23/2008 Western Illinois Bancshares Inc. Monmouth IL Preferred Stock w/ Exercised Warrants 6,855,000 $ Par 2 12/23/2008 Saigon National Bank Westminster CA Preferred Stock w/ Exercised Warrants 1,549,000 $ Par 

2 12/23/2008 Capital Pacific Bancorp Portland OR Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 2 12/23/2008 Uwharrie Capital Corp Albemarle NC Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 

3, 30 - 

8/20/2010 12/23/2008 Mission Valley Bancorp Sun Valley CA Preferred Stock 5,500,000 $ Par 8/20/2010 

2 12/23/2008 The Little Bank, Incorporated Kinston NC Preferred Stock w/ Exercised Warrants 7,500,000 $ Par 2 12/23/2008 Pacific Commerce Bank Los Angeles CA Preferred Stock w/ Exercised Warrants 4,060,000 $ Par 

2 12/23/2008 Citizens Community Bank South Hill VA Preferred Stock w/ Exercised Warrants 3,000,000 $ Par 2 12/23/2008 Seacoast Commerce Bank Chula Vista CA Preferred Stock w/ Exercised Warrants 1,800,000 $ Par 

2 12/23/2008 TCNB Financial Corp. Dayton OH Preferred Stock w/ Exercised Warrants 2,000,000 $ Par 2 12/23/2008 Leader Bancorp, Inc. Arlington MA Preferred Stock w/ Exercised Warrants 5,830,000 $ Par 2 12/23/2008 Nicolet Bankshares, Inc. Green Bay WI Preferred Stock w/ Exercised Warrants 14,964,000 $ Par 2 12/23/2008 Magna Bank Memphis TN Preferred Stock w/ Exercised Warrants 13,795,000 $ Par 11/24/2009 

2 12/23/2008 Western Community Bancshares, Inc. Palm Desert CA Preferred Stock w/ Exercised Warrants 7,290,000 $ Par 

2 12/23/2008 Community Investors Bancorp, Inc. Bucyrus OH Preferred Stock w/ Exercised Warrants 2,600,000 $ Par 2 12/23/2008 Cap p, ital Bancorp, Inc. Rockville MD Preferred Stock w/ Exercised Warrants 4,700,000 $ Par $ , ,

2 12/23/2008 Cache Valley Banking Company Logan UT Preferred Stock w/ Exercised Warrants 4,767,000 $ Par 2 12/23/2008 Citizens Bancorp Nevada City CA Preferred Stock w/ Exercised Warrants 10,400,000 $ Par 

2 12/23/2008 Tennessee Valley Financial Holdings, Inc. Oak Ridge TN Preferred Stock w/ Exercised Warrants 3,000,000 $ Par 2 12/23/2008 Pacific Coast Bankers' Bancshares San Francisco CA Preferred Stock w/ Exercised Warrants 11,600,000 $ Par 

12/31/2008 SunTrust Banks, Inc. Atlanta GA Preferred Stock w/ Warrants 1,350,000,000 $ Par 12/31/2008 The PNC Financial Services Group Inc. Pittsburgh PA Preferred Stock w/ Warrants 7,579,200,000 $ Par 2/10/2010 

12/31/2008 Fifth Third Bancorp Cincinnati OH Preferred Stock w/ Warrants 3,408,000,000 $ Par 

31 - 

8/12/2010 12/31/2008 Hampton Roads Bankshares, Inc. Norfolk VA Preferred Stock w/ Warrants 80,347,000 $ Par 

16 12/31/2008 CIT Group Inc. New York NY Contingent Value Rights 2,330,000,000 $ Par 2/8/2010 

12/31/2008 West Bancorporation, Inc. West Des Moines IA Preferred Stock w/ Warrants 36,000,000 $ Par 

2 12/31/2008 First Banks, Inc. Clayton MO Preferred Stock w/ Exercised Warrants 295,400,000 $ Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

1a, 1b 1/9/2009 Bank of America Corporation Charlotte NC Preferred Stock w/ Warrants 10,000,000,000 $ Par 12/9/2009 

1/9/2009 FirstMerit Corporation Akron OH Preferred Stock w/ Warrants 125,000,000 $ Par 4/22/2009 

1/9/2009 Farmers Capital Bank Corporation Frankfort KY Preferred Stock w/ Warrants 30,000,000 $ Par 1/9/2009 Peapack-Gladstone Financial Corporation Gladstone NJ Preferred Stock w/ Warrants 28,685,000 $ Par 1/6/2010 

1/9/2009 Commerce National Bank Newport Beach CA Preferred Stock w/ Warrants 5,000,000 $ Par 10/7/2009 

1/9/2009 The First Bancorp, Inc. Damariscotta ME Preferred Stock w/ Warrants 25,000,000 $ Par 1/9/2009 Sun Bancorp, Inc. Vineland NJ Preferred Stock w/ Warrants 89,310,000 $ Par 4/8/2009 

1/9/2009 Crescent Financial Corporation Cary NC Preferred Stock w/ Warrants 24,900,000 $ Par 1/9/2009 American Express Company New York NY Preferred Stock w/ Warrants 3,388,890,000 $ Par 6/17/2009 

1/9/2009 Central Pacific Financial Corp. Honolulu HI Preferred Stock w/ Warrants 135,000,000 $ Par 

1/9/2009 Centrue Financial Corporation St. Louis MO Preferred Stock w/ Warrants 32,668,000 $ Par 1/9/2009 Eastern Virginia Bankshares, Inc. Tappahannock VA Preferred Stock w/ Warrants 24,000,000 $ Par 1/9/2009 Colony Bankcorp, Inc. Fitzgerald GA Preferred Stock w/ Warrants 28,000,000 $ Par 1/9/2009 Independent Bank Corp. Rockland MA Preferred Stock w/ Warrants 78,158,000 $ Par 4/22/2009 

1/9/2009 Cadence Financial Corporation Starkville MS Preferred Stock w/ Warrants 44,000,000 $ Par 1/9/2009 LCNB Corp. Lebanon OH Preferred Stock w/ Warrants 13,400,000 $ Par 10/21/2009 1/9/2009 Center Bancorp, Inc. Union NJ Preferred Stock w/ Warrants 10,000,000 $ Par 1/9/2009 F.N.B. Corporation Hermitage PA Preferred Stock w/ Warrants 100,000,000 $ Par 9/9/2009 

1/9/2009 C&F Financial Corporation West Point VA Preferred Stock w/ Warrants 20,000,000 $ Par 1/9/2009 North Central Bancshares, Inc. Fort Dodge IA Preferred Stock w/ Warrants 10,200,000 $ Par 1/9/2009 Carolina Bank Holdings, Inc. Greensboro NC Preferred Stock w/ Warrants 16,000,000 $ Par 

1/9/2009 First Bancorp Troy NC Preferred Stock w/ Warrants 65,000,000 $ Par 1/9/2009 First Financial Service Corporation Elizabethtown KY Preferred Stock w/ Warrants 20,000,000 $ Par 1/9/2009 Codorus Valley Bancorp, Inc. York PA Preferred Stock w/ Warrants 16,500,000 $ Par 1/9/2009 MidSouth Bancorp, Inc. Lafayette LA Preferred Stock w/ Warrants 20,000,000 $ Par 1/9/2009 First Security Group, Inc. Chattanooga TN Preferred Stock w/ Warrants 33,000,000 $ Par 1/9/2009 Shore Bancshares, Inc. Easton MD Preferred Stock w/ Warrants 25,000,000 $ Par 4/15/2009 

2 1/9/2009 The Queensborough Company Louisville GA Preferred Stock w/ Exercised Warrants 12,000,000 $ Par 2 1/9/2009 American State Bancshares, Inc. Great Bend KS Preferred Stock w/ Exercised Warrants 6,000,000 $ Par 2 1/9/2009 Security California Bancorp Riverside CA Preferred Stock w/ Exercised Warrants 6,815,000 $ Par 

2 1/9/2009 Security Business Bancorp San Diego CA Preferred Stock w/ Exercised Warrants 5,803,000 $ Par 

2 1/9/2009 Sound Banking Company Morehead City NC Preferred Stock w/ Exercised Warrants 3,070,000 $ Par 3 1/9/2009 Mission Community Bancorp San Luis Obispo CA Preferred Stock 5,116,000 $ Par 

2 1/9/2009 Redwood Financial Inc. Redwood Falls MN Preferred Stock w/ Exercised Warrants 2,995,000 $ Par 

2 1/9/2009 Surrey Bancorp Mount Airy NC Preferred Stock w/ Exercised Warrants 2,000,000 $ Par 2 1/9/2009 Independence Bank East Greenwich RI Preferred Stock w/ Exercised Warrants 1,065,000 $ Par 2 1/9/2009 Valley Community Bank Pleasanton CA Preferred Stock w/ Exercised Warrants 5,500,000 $ Par 

2 1/9/2009 Rising Sun Bancorp Rising Sun MD Preferred Stock w/ Exercised Warrants 5,983,000 $ Par 

2 1/9/2009 Community Trust Financial Corporation Ruston LA Preferred Stock w/ Exercised Warrants 24,000,000 $ Par 2 1/9/2009 GrandSouth Bancorporation Greenville SC Preferred Stock w/ Exercised Warrants 9,000,000 $ Par 

2 1/9/2009 Texas National Bancorporation Jacksonville TX Preferred Stock w/ Exercised Warrants 3,981,000 $ Par 5/19/2010 

2 1/9/2009 Congaree Bancshares, Inc. Cayce SC Preferred Stock w/ Exercised Warrants 3,285,000 $ Par 

2 1/9/2009 New York Private Bank & Trust Corporation New York NY Preferred Stock w/ Exercised Warrants 267,274,000 $ Par 

1/16/2009 Home Bancshares, Inc. Conway AR Preferred Stock w/ Warrants 50,000,000 $ Par 1/16/2009 Washington Banking Company Oak Harbor WA Preferred Stock w/ Warrants 26,380,000 $ Par 

1/16/2009 New Hampshire Thrift Bancshares, Inc. Newport NH Preferred Stock w/ Warrants 10,000,000 $ Par 

1/16/2009 Bar Harbor Bankshares Bar Harbor ME Preferred Stock w/ Warrants 18,751,000 $ Par 2/24/2010 

1/16/2009 Somerset Hills Bancorp Bernardsville NJ Preferred Stock w/ Warrants 7,414,000 $ Par 5/20/2009 

p $ , , 

1/16/2009 SCBT Financial Corporation Columbia SC Preferred Stock w/ Warrants 64,779,000 $ Par 5/20/2009 

1/16/2009 S&T Bancorp Indiana PA Preferred Stock w/ Warrants 108,676,000 $ Par 

1/16/2009 ECB Bancorp, Inc. Engelhard NC Preferred Stock w/ Warrants 17,949,000 $ Par 

28 - 

7/20/2010 1/16/2009 First BanCorp San Juan PR Mandatorily Convertible Preferred Stock w/ Warrants $ Par 424,174,000

1/16/2009 Texas Capital Bancshares, Inc. Dallas TX Preferred Stock w/ Warrants 75,000,000 $ Par 5/13/2009 

1/16/2009 Yadkin Valley Financial Corporation Elkin NC Preferred Stock w/ Warrants 36,000,000 $ Par 

3, 30 - 

8/27/2010 1/16/2009 Carver Bancorp, Inc New York NY Preferred Stock 18,980,000 $ Par 8/27/2010 

1/16/2009 Citizens & Northern Corporation Wellsboro PA Preferred Stock w/ Warrants 26,440,000 $ Par 8/4/2010 

1/16/2009 MainSource Financial Group, Inc. Greensburg IN Preferred Stock w/ Warrants 57,000,000 $ Par 

1/16/2009 MetroCorp Bancshares, Inc. Houston TX Preferred Stock w/ Warrants 45,000,000 $ Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

1/16/2009 United Bancorp, Inc. Tecumseh MI Preferred Stock w/ Warrants 20,600,000 $ Par 

1/16/2009 Old Second Bancorp, Inc. Aurora IL Preferred Stock w/ Warrants 73,000,000 $ Par 

1/16/2009 Pulaski Financial Corp Creve Coeur MO Preferred Stock w/ Warrants 32,538,000 $ Par 

1/16/2009 OceanFirst Financial Corp. Toms River NJ Preferred Stock w/ Warrants 38,263,000 $ Par 12/30/2009 

2 1/16/2009 Community 1st Bank Roseville CA Preferred Stock w/ Exercised Warrants 2,550,000 $ Par 

2 1/16/2009 TCB Holding Company, Texas Community Bank The Woodlands TX Preferred Stock w/ Exercised Warrants 11,730,000 $ Par 2 1/16/2009 Centra Financial Holdings, Inc. Morgantown WV Preferred Stock w/ Exercised Warrants 15,000,000 $ Par 3/31/2009 

2 1/16/2009 First Bankers Trustshares, Inc. Quincy IL Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 

2, 19 1/16/2009 Pacific Coast National Bancorp San Clemente CA Preferred Stock w/ Exercised Warrants 4,120,000 $ Par 2/11/2010 

3 1/16/2009 Community Bank of the Bay Oakland CA Preferred Stock 1,747,000 $ Par 

2 1/16/2009 Redwood Capital Bancorp Eureka CA Preferred Stock w/ Exercised Warrants 3,800,000 $ Par 

2 1/16/2009 Syringa Bancorp Boise ID Preferred Stock w/ Exercised Warrants 8,000,000 $ Par 2 1/16/2009 Idaho Bancorp Boise ID Preferred Stock w/ Exercised Warrants 6,900,000 $ Par 2 1/16/2009 Puget Sound Bank Bellevue WA Preferred Stock w/ Exercised Warrants 4,500,000 $ Par 2 1/16/2009 United Financial Banking Companies, Inc. Vienna VA Preferred Stock w/ Exercised Warrants 5,658,000 $ Par 2 1/16/2009 Dickinson Financial Corporation II Kansas City MO Preferred Stock w/ Exercised Warrants 146,053,000 $ Par 2 1/16/2009 The Baraboo Bancorporation Baraboo WI Preferred Stock w/ Exercised Warrants 20,749,000 $ Par 2 1/16/2009 Bank of Commerce Charlotte NC Preferred Stock w/ Exercised Warrants 3,000,000 $ Par 2 1/16/2009 State Bankshares, Inc. Fargo ND Preferred Stock w/ Exercised Warrants 50,000,000 $ Par 8/12/2009 

2 1/16/2009 BNCCORP, Inc. Bismarck ND Preferred Stock w/ Exercised Warrants 20,093,000 $ Par 2 1/16/2009 First Manitowoc Bancorp, Inc. Manitowoc WI Preferred Stock w/ Exercised Warrants 12,000,000 $ Par 5/27/2009 

3, 30 - 1/16/2009 Southern Bancorp Inc Arkadelphia AR Preferred Stock $ 11 000 000 Par 8/6/2010 

8/6/2010 1/16/2009 Southern Bancorp, Inc. Arkadelphia AR Preferred Stock $ 11,000,000 Par 8/6/2010 

2 1/16/2009 Morrill Bancshares, Inc. Merriam KS Preferred Stock w/ Exercised Warrants 13,000,000 $ Par 2 1/16/2009 Treaty Oak Bancorp, Inc. Austin TX Preferred Stock w/ Exercised Warrants 3,268,000 $ Par 

1/23/2009 1st Source Corporation South Bend IN Preferred Stock w/ Warrants 111,000,000 $ Par 

1/23/2009 Princeton National Bancorp, Inc. Princeton IL Preferred Stock w/ Warrants 25,083,000 $ Par 

1/23/2009 AB&T Financial Corporation Gastonia NC Preferred Stock w/ Warrants 3,500,000 $ Par 

1/23/2009 First Citizens Banc Corp Sandusky OH Preferred Stock w/ Warrants 23,184,000 $ Par 

1/23/2009 WSFS Financial Corporation Wilmington DE Preferred Stock w/ Warrants 52,625,000 $ Par 

2 1/23/2009 Commonwealth Business Bank Los Angeles CA Preferred Stock w/ Exercised Warrants 7,701,000 $ Par 

2, 13 - 

12/4/2009 1/23/2009 Three Shores Bancorporation, Inc. (Seaside National Bank & Trust) Orlando FL Preferred Stock w/ Exercised Warrants 5,677,000 $ Par 

2 1/23/2009 CalWest Bancorp Rancho Santa Margarita CA Preferred Stock w/ Exercised Warrants 4,656,000 $ Par 

2 1/23/2009 Fresno First Bank Fresno CA Preferred Stock w/ Exercised Warrants 1,968,000 $ Par 

2 1/23/2009 First ULB Corp. Oakland CA Preferred Stock w/ Exercised Warrants 4,900,000 $ Par 4/22/2009 

2 1/23/2009 Alarion Financial Services, Inc. Ocala FL Preferred Stock w/ Exercised Warrants 6,514,000 $ Par 2 1/23/2009 Midland States Bancorp, Inc. Effingham IL Preferred Stock w/ Exercised Warrants 10,189,000 $ Par 12/23/2009 2 1/23/2009 Moscow Bancshares, Inc. Moscow TN Preferred Stock w/ Exercised Warrants 6,216,000 $ Par 2 1/23/2009 Farmers Bank Windsor VA Preferred Stock w/ Exercised Warrants 8,752,000 $ Par 2 1/23/2009 California Oaks State Bank Thousand Oaks CA Preferred Stock w/ Exercised Warrants 3,300,000 $ Par 

2 1/23/2009 Pierce County Bancorp Tacoma WA Preferred Stock w/ Exercised Warrants 6,800,000 $ Par 2 1/23/2009 Calvert Financial Corporation Ashland MO Preferred Stock w/ Exercised Warrants 1,037,000 $ Par 2 1/23/2009 Liberty Bancshares, Inc. Jonesboro AR Preferred Stock w/ Exercised Warrants 57,500,000 $ Par 

2 1/23/2009 Crosstown Holding Company Blaine MN Preferred Stock w/ Exercised Warrants 10,650,000 $ Par 

2 1/23/2009 BankFirst Capital Corporation Macon MS Preferred Stock w/ Exercised Warrants 15,500,000 $ Par 2 1/23/2009 Southern Illinois Bancorp, Inc. Carmi IL Preferred Stock w/ Exercised Warrants 5,000,000 $ Par 

12/16/2009 

6/16/2010 

$ Par 3,240,000 

2 1/23/2009 FPB Financial Corp. Hammond LA Preferred Stock w/ Exercised Warrants 

6/16/2010 

2 1/23/2009 Stonebridge Financial Corp. West Chester PA Preferred Stock w/ Exercised Warrants 10,973,000 $ Par 

1/30/2009 Peoples Bancorp Inc. Marietta OH Preferred Stock w/ Warrants 39,000,000 $ Par 

1/30/2009 Anchor BanCorp Wisconsin Inc. Madison WI Preferred Stock w/ Warrants 110,000,000 $ Par 

1/30/2009 Parke Bancorp, Inc. Sewell NJ Preferred Stock w/ Warrants 16,288,000 $ Par 

1/30/2009 Central Virginia Bankshares, Inc. Powhatan VA Preferred Stock w/ Warrants 11,385,000 $ Par 

1/30/2009 Flagstar Bancorp, Inc. Troy MI Preferred Stock w/ Warrants 266,657,000 $ Par 1/30/2009 Middleburg Financial Corporation Middleburg VA Preferred Stock w/ Warrants 22,000,000 $ Par 12/23/2009 

1/30/2009 Peninsula Bank Holding Co. Palo Alto CA Preferred Stock w/ Warrants 6,000,000 $ Par 1/30/2009 PrivateBancorp, Inc. Chicago IL Preferred Stock w/ Warrants 243,815,000 $ Par 

1/30/2009 Central Valley Community Bancorp Fresno CA Preferred Stock w/ Warrants 7,000,000 $ Par 1/30/2009 Plumas Bancorp Quincy CA Preferred Stock w/ Warrants 11,949,000 $ Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

1/30/2009 Stewardship Financial Corporation Midland Park NJ Preferred Stock w/ Warrants 10,000,000 $ Par 

1/30/2009 Oak Ridge Financial Services, Inc. Oak Ridge NC Preferred Stock w/ Warrants 7,700,000 $ Par 

1/30/2009 First United Corporation Oakland MD Preferred Stock w/ Warrants 30,000,000 $ Par 

1/30/2009 Community Partners Bancorp Middletown NJ Preferred Stock w/ Warrants 9,000,000 $ Par 

1/30/2009 Guaranty Federal Bancshares, Inc. Springfield MO Preferred Stock w/ Warrants 17,000,000 $ Par 

1/30/2009 Annapolis Bancorp, Inc. Annapolis MD Preferred Stock w/ Warrants 8,152,000 $ Par 

1/30/2009 DNB Financial Corporation Downingtown PA Preferred Stock w/ Warrants 11,750,000 $ Par 

1/30/2009 Firstbank Corporation Alma MI Preferred Stock w/ Warrants 33,000,000 $ Par 

2 1/30/2009 Valley Commerce Bancorp Visalia CA Preferred Stock w/ Exercised Warrants 7,700,000 $ Par 

2 1/30/2009 Greer Bancshares Incorporated Greer SC Preferred Stock w/ Exercised Warrants 9,993,000 $ Par 

2 1/30/2009 Ojai Community Bank Ojai CA Preferred Stock w/ Exercised Warrants 2,080,000 $ Par 

2 1/30/2009 Adbanc, Inc Ogallala NE Preferred Stock w/ Exercised Warrants 12,720,000 $ Par 

2 1/30/2009 Beach Business Bank Manhattan Beach CA Preferred Stock w/ Exercised Warrants 6,000,000 $ Par 

3 1/30/2009 Legacy Bancorp, Inc. Milwaukee WI Preferred Stock 5,498,000 $ Par 2 1/30/2009 First Southern Bancorp, Inc. Boca Raton FL Preferred Stock w/ Exercised Warrants 10,900,000 $ Par 6/16/2010 

2 1/30/2009 Country Bank Shares, Inc. Milford NE Preferred Stock w/ Exercised Warrants 7,525,000 $ Par 

2 1/30/2009 Katahdin Bankshares Corp. Houlton ME Preferred Stock w/ Exercised Warrants 10,449,000 $ Par 2 1/30/2009 Rogers Bancshares, Inc. Little Rock AR Preferred Stock w/ Exercised Warrants 25,000,000 $ Par 

2 1/30/2009 UBT Bancshares, Inc. Marysville KS Preferred Stock w/ Exercised Warrants 8,950,000 $ Par 2 1/30/2009 Bankers' Bank of the West Bancorp, Inc. Denver CO Preferred Stock w/ Exercised Warrants 12,639,000 $ Par 2 1/30/2009 W.T.B. Financial Corporation Spokane WA Preferred Stock w/ Exercised Warrants 110,000,000 $ Par 

2 1/30/2009 1/30/2009 AMB Financial Cor Financial Corp. Munster IN Preferred Stock w/ Exercised Warrants 3,674,000 IN Preferred Stock w/ Exercised Warrants $ Par $ 3,674,000 Par

2 1/30/2009 Goldwater Bank, N.A. Scottsdale AZ Preferred Stock w/ Exercised Warrants 2,568,000 $ Par 2 1/30/2009 Equity Bancshares, Inc. Wichita KS Preferred Stock w/ Exercised Warrants 8,750,000 $ Par 

2, 13 - 

10/30/2009 1/30/2009 WashingtonFirst Bankshares, Inc. 

(WashingtonFirst Bank) Reston VA Preferred Stock w/ Exercised Warrants 6,633,000 $ Par 

2 1/30/2009 Central Bancshares, Inc. Houston TX Preferred Stock w/ Exercised Warrants 5,800,000 $ Par 2 1/30/2009 Hilltop Community Bancorp, Inc. Summit NJ Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 4/21/2010 

2 1/30/2009 Northway Financial, Inc. Berlin NH Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 2 1/30/2009 Monument Bank Bethesda MD Preferred Stock w/ Exercised Warrants 4,734,000 $ Par 

2 1/30/2009 Metro City Bank Doraville GA Preferred Stock w/ Exercised Warrants 7,700,000 $ Par 2 1/30/2009 F & M Bancshares, Inc. Trezevant TN Preferred Stock w/ Exercised Warrants 4,609,000 $ Par 2 1/30/2009 First Resource Bank Exton PA Preferred Stock w/ Exercised Warrants 2,600,000 $ Par 

2/6/2009 MidWestOne Financial Group, Inc. Iowa City IA Preferred Stock w/ Warrants 16,000,000 $ Par 2/6/2009 Lakeland Bancorp, Inc. Oak Ridge NJ Preferred Stock w/ Warrants 59,000,000 $ Par 8/4/2010 

2/6/2009 Monarch Community Bancorp, Inc. Coldwater MI Preferred Stock w/ Warrants 6,785,000 $ Par 

2/6/2009 The First Bancshares, Inc. Hattiesburg MS Preferred Stock w/ Warrants 5,000,000 $ Par 2/6/2009 Carolina Trust Bank Lincolnton NC Preferred Stock w/ Warrants 4,000,000 $ Par 2/6/2009 Alaska Pacific Bancshares, Inc. Juneau AK Preferred Stock w/ Warrants 4,781,000 $ Par 

3, 30 - 

8/13/2010 2/6/2009 PGB Holdings, Inc. Chicago IL Preferred Stock 3,000,000 $ Par 8/13/2010 

2 2/6/2009 The Freeport State Bank Harper KS Preferred Stock w/ Exercised Warrants 301,000 $ Par 2 2/6/2009 Stockmens Financial Corporation Rapid City SD Preferred Stock w/ Exercised Warrants 15,568,000 $ Par 

2 2/6/2009 US Metro Bank Garden Grove CA Preferred Stock w/ Exercised Warrants 2,861,000 $ Par 

2 2/6/2009 First Express of Nebraska, Inc. Gering NE Preferred Stock w/ Exercised Warrants 5,000,000 $ Par 

2 2/6/2009 Mercantile Capital Corp. Boston MA Preferred Stock w/ Exercised Warrants 3,500,000 $ Par 2 2/6/2009 Citizens Commerce Bancshares, Inc. Versailles KY Preferred Stock w/ Exercised Warrants 6,300,000 $ Par 3 2/6/2009 Liberty Financial Services, Inc. New Orleans LA Preferred Stock 5,645,000 $ Par 

2 2/6/2009 2/6/2009 Lone Star Bank Lone Star Bank Houston Houston TX Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants $ 3 072 000 3,072,000 Par

18 2/6/2009 Union First Market Bankshares Corporation (First Market Bank, FSB) Bowling Green VA Preferred Stock 33,900,000 $ Par 

2 2/6/2009 Banner County Ban Corporation Harrisburg NE Preferred Stock w/ Exercised Warrants 795,000 $ Par 

2 2/6/2009 Centrix Bank & Trust Bedford NH Preferred Stock w/ Exercised Warrants 7,500,000 $ Par 2 2/6/2009 Todd Bancshares, Inc. Hopkinsville KY Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 2 2/6/2009 Georgia Commerce Bancshares, Inc. Atlanta GA Preferred Stock w/ Exercised Warrants 8,700,000 $ Par 2 2/6/2009 First Bank of Charleston, Inc. Charleston WV Preferred Stock w/ Exercised Warrants 3,345,000 $ Par 2 2/6/2009 F & M Financial Corporation Salisbury NC Preferred Stock w/ Exercised Warrants 17,000,000 $ Par 2 2/6/2009 The Bank of Currituck Moyock NC Preferred Stock w/ Exercised Warrants 4,021,000 $ Par 2 2/6/2009 CedarStone Bank Lebanon TN Preferred Stock w/ Exercised Warrants 3,564,000 $ Par 2 2/6/2009 Community Holding Company of Florida, Inc. Miramar Beach FL Preferred Stock w/ Exercised Warrants 1,050,000 $ Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

2 2/6/2009 Hyperion Bank Philadelphia PA Preferred Stock w/ Exercised Warrants 1,552,000 $ Par 

2, 13 - 

2/10/2010 2/6/2009 Pascack Bancorp, Inc. (Pascack Community Bank) Westwood NJ Preferred Stock w/ Exercised Warrants 3,756,000 $ Par 

2 2/6/2009 First Western Financial, Inc. Denver CO Preferred Stock w/ Exercised Warrants 8,559,000 $ Par 

2/13/2009 QCR Holdings, Inc. Moline IL Preferred Stock w/ Warrants 38,237,000 $ Par 

9/2/2009 

11/18/2009 

2/13/2009 The Bank of Kentucky Financial Corporation Crestview Hills KY Preferred Stock w/ Warrants 34,000,000 $ Par 

2/13/2009 PremierWest Bancorp Medford OR Preferred Stock w/ Warrants 41,400,000 $ Par 

2/13/2009 Carrollton Bancorp Baltimore MD Preferred Stock w/ Warrants 9,201,000 $ Par 

2/13/2009 FNB United Corp. Asheboro NC Preferred Stock w/ Warrants 51,500,000 $ Par 

2 2/13/2009 First Menasha Bancshares, Inc. Neenah WI Preferred Stock w/ Exercised Warrants 4,797,000 $ Par 2 2/13/2009 1st Enterprise Bank Los Angeles CA Preferred Stock w/ Exercised Warrants 4,400,000 $ Par 

2 2/13/2009 DeSoto County Bank Horn Lake MS Preferred Stock w/ Exercised Warrants 1,173,000 $ Par 2 2/13/2009 Security Bancshares of Pulaski County, Inc. Waynesville MO Preferred Stock w/ Exercised Warrants 2,152,000 $ Par 

2 2/13/2009 State Capital Corporation Greenwood MS Preferred Stock w/ Exercised Warrants 15,000,000 $ Par 2 2/13/2009 BankGreenville Greenville SC Preferred Stock w/ Exercised Warrants 1,000,000 $ Par 

2 2/13/2009 Corning Savings and Loan Association Corning AR Preferred Stock w/ Exercised Warrants 638,000 $ Par 

2 2/13/2009 Financial Security Corporation Basin WY Preferred Stock w/ Exercised Warrants 5,000,000 $ Par 

2 2/13/2009 ColoEast Bankshares, Inc. Lamar CO Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 2 2/13/2009 Santa Clara Valley Bank, N.A. Santa Paula CA Preferred Stock w/ Exercised Warrants 2,900,000 $ Par 

2 2/13/2009 Reliance Bancshares Inc Frontenac MO Preferred Stock w/ Exercised Warrants $ 40 000 000 Par

2/13/2009 Westamerica Bancorporation San Rafael CA Preferred Stock w/ Warrants 83,726,000 $ Par 

2 2/13/2009 Reliance Bancshares, Inc. Frontenac MO Preferred Stock w/ Exercised Warrants $ 40,000,000 Par 

2 2/13/2009 Regional Bankshares, Inc. Hartsville SC Preferred Stock w/ Exercised Warrants 1,500,000 $ Par 

2 2/13/2009 Peoples Bancorp Lynden WA Preferred Stock w/ Exercised Warrants 18,000,000 $ Par 

2 2/13/2009 First Choice Bank Cerritos CA Preferred Stock w/ Exercised Warrants 2,200,000 $ Par 

2 2/13/2009 Gregg Bancshares, Inc. Ozark MO Preferred Stock w/ Exercised Warrants 825,000 $ Par 

2 2/13/2009 Hometown Bancshares, Inc. Corbin KY Preferred Stock w/ Exercised Warrants 1,900,000 $ Par 2 2/13/2009 Midwest Regional Bancorp, Inc. Festus MO Preferred Stock w/ Exercised Warrants 700,000 $ Par 11/10/2009 

2 2/13/2009 Bern Bancshares, Inc. Bern KS Preferred Stock w/ Exercised Warrants 985,000 $ Par 

2 2/13/2009 Northwest Bancorporation, Inc. Spokane WA Preferred Stock w/ Exercised Warrants 10,500,000 $ Par 

2 2/13/2009 Liberty Bancshares, Inc. Springfield MO Preferred Stock w/ Exercised Warrants 21,900,000 $ Par 

2 2/13/2009 F&M Financial Corporation Clarksville TN Preferred Stock w/ Exercised Warrants 17,243,000 $ Par 

2 2/13/2009 Meridian Bank Devon PA Preferred Stock w/ Exercised Warrants 6,200,000 $ Par 

2 2/13/2009 Northwest Commercial Bank Lakewood WA Preferred Stock w/ Exercised Warrants 1,992,000 $ Par 

2/20/2009 Royal Bancshares of Pennsylvania, Inc. Narberth PA Preferred Stock w/ Warrants 30,407,000 $ Par 

Preferred Stock w/ Warrants 69,600,000 $ Par Trust Preferred Securities w/ Warrants 46,400,000 $ Par 

2/20/2009 Northern States Financial Corporation Waukegan IL Preferred Stock w/ Warrants 17,211,000 $ Par 

2, 25 2/20/2009 Sonoma Valley Bancorp Sonoma CA Preferred Stock w/ Exercised Warrants 8,653,000 $ Par 

2 2/20/2009 Guaranty Bancorp, Inc. Woodsville NH Preferred Stock w/ Exercised Warrants 6,920,000 $ Par 2 2/20/2009 The Private Bank of California Los Angeles CA Preferred Stock w/ Exercised Warrants 5,450,000 $ Par 2 2/20/2009 Lafayette Bancorp, Inc. Oxford MS Preferred Stock w/ Exercised Warrants 1,998,000 $ Par 2 2/20/2009 Liberty Shares, Inc. Hinesville GA Preferred Stock w/ Exercised Warrants 17,280,000 $ Par 2 2/20/2009 White River Bancshares Company Fayetteville AR Preferred Stock w/ Exercised Warrants 16,800,000 $ Par 2 2/20/2009 United American Bank San Mateo CA Preferred Stock w/ Exercised Warrants 8,700,000 $ Par 2 2/20/2009 Crazy Woman Creek Bancorp, Inc. Buffalo WY Preferred Stock w/ Exercised Warrants 3,100,000 $ Par 2 2/20/2009 First Priority Financial Corp. Malvern PA Preferred Stock w/ Exercised Warrants 4,579,000 $ Par 2 2/20/2009 Mid-Wisconsin Financial Services, Inc. Medford WI Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 

27 2/20/2009 First Merchants Corporation Muncie IN

2 2/20/2009 Market Bancorporation, Inc. New Market MN Preferred Stock w/ Exercised Warrants 2,060,000 $ Par 2 2/20/2009 Hometown Bancorp of Alabama, Inc. Oneonta AL Preferred Stock w/ Exercised Warrants 3,250,000 $ Par 2 2/20/2009 Security State Bancshares, Inc. Charleston MO Preferred Stock w/ Exercised Warrants 12,500,000 $ Par 2 2/20/2009 CBB Bancorp Cartersville GA Preferred Stock w/ Exercised Warrants 2,644,000 $ Par 2 2/20/2009 BancPlus Corporation Ridgeland MS Preferred Stock w/ Exercised Warrants 48,000,000 $ Par 2 2/20/2009 Central Community Corporation Temple TX Preferred Stock w/ Exercised Warrants 22,000,000 $ Par 2 2/20/2009 First BancTrust Corporation Paris IL Preferred Stock w/ Exercised Warrants 7,350,000 $ Par 2 2/20/2009 Premier Service Bank Riverside CA Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 2 2/20/2009 Florida Business BancGroup, Inc. Tampa FL Preferred Stock w/ Exercised Warrants 9,495,000 $ Par 2 2/20/2009 Hamilton State Bancshares Hoschton GA Preferred Stock w/ Exercised Warrants 7,000,000 $ Par 

2/27/2009 Lakeland Financial Corporation Warsaw IN Preferred Stock w/ Warrants 56,044,000 $ Par 6/9/2010 

2/27/2009 First M&F Corporation Kosciusko MS Preferred Stock w/ Warrants $ 30,000,000 Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

2/27/2009 Southern First Bancshares, Inc. Greenville SC Preferred Stock w/ Warrants 17,299,000 $ Par 

2/27/2009 Integra Bank Corporation Evansville IN Preferred Stock w/ Warrants 83,586,000 $ Par 

2 2/27/2009 Community First Inc. Columbia TN Preferred Stock w/ Exercised Warrants 17,806,000 $ Par 2 2/27/2009 BNC Financial Group, Inc. New Canaan CT Preferred Stock w/ Exercised Warrants 4,797,000 $ Par 2 2/27/2009 California Bank of Commerce Lafayette CA Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 2 2/27/2009 Columbine Capital Corp. Buena Vista CO Preferred Stock w/ Exercised Warrants 2,260,000 $ Par 2 2/27/2009 National Bancshares, Inc. Bettendorf IA Preferred Stock w/ Exercised Warrants 24,664,000 $ Par 2 2/27/2009 First State Bank of Mobeetie Mobeetie TX Preferred Stock w/ Exercised Warrants 731,000 $ Par 4/14/2010 

2 2/27/2009 Ridgestone Financial Services, Inc. Brookfield WI Preferred Stock w/ Exercised Warrants 10,900,000 $ Par 2 2/27/2009 Community Business Bank West Sacramento CA Preferred Stock w/ Exercised Warrants 3,976,000 $ Par 

2 2/27/2009 D.L. Evans Bancorp Burley ID Preferred Stock w/ Exercised Warrants 19,891,000 $ Par 2 2/27/2009 TriState Capital Holdings, Inc. Pittsburgh PA Preferred Stock w/ Exercised Warrants 23,000,000 $ Par 2 2/27/2009 Green City Bancshares, Inc. Green City MO Preferred Stock w/ Exercised Warrants 651,000 $ Par 7/14/2010 

2 2/27/2009 First Gothenburg Bancshares, Inc. Gothenburg NE Preferred Stock w/ Exercised Warrants 7,570,000 $ Par 

2 2/27/2009 Green Circle Investments, Inc. Clive IA Preferred Stock w/ Exercised Warrants 2,400,000 $ Par 2 2/27/2009 Private Bancorporation, Inc. Minneapolis MN Preferred Stock w/ Exercised Warrants 4,960,000 $ Par 2 2/27/2009 Regent Capital Corporation Nowata OK Preferred Stock w/ Exercised Warrants 2,655,000 $ Par 2 2/27/2009 Central Bancorp, Inc. Garland TX Preferred Stock w/ Exercised Warrants 22,500,000 $ Par 2 2/27/2009 Medallion Bank Salt Lake City UT Preferred Stock w/ Exercised Warrants 11,800,000 $ Par 2 2/27/2009 PSB Financial Corporation Many LA Preferred Stock w/ Exercised Warrants 9,270,000 $ Par 2 2/27/2009 Avenue Financial Holdings, Inc. Nashville TN Preferred Stock w/ Exercised Warrants 7,400,000 $ Par 

2 2/27/2009 2/27/2009 Howard Bancor o a d a co p, c In. Ellicott Cit cott C ty MD Preferred Stock w/ Exercised Warrants 5,983,000 MD Preferred Stock w/ Exercised Warrants $ Par $ 5,983,000 Par

2 2/27/2009 FNB Bancorp South San Francisco CA Preferred Stock w/ Exercised Warrants 12,000,000 $ Par 

2, 13 - 

12/4/2009 2/27/2009 The Victory Bancorp, Inc. (The Victory Bank) Limerick PA Preferred Stock w/ Exercised Warrants 541,000 $ Par 

2 2/27/2009 Catskill Hudson Bancorp, Inc Rock Hill NY Preferred Stock w/ Exercised Warrants 3,000,000 $ Par 2 2/27/2009 Midtown Bank & Trust Company Atlanta GA Preferred Stock w/ Exercised Warrants 5,222,000 $ Par 

3/6/2009 HCSB Financial Corporation Loris SC Preferred Stock w/ Warrants 12,895,000 $ Par 

3/6/2009 First Busey Corporation Urbana IL Preferred Stock w/ Warrants 100,000,000 $ Par 3/6/2009 First Federal Bancshares of Arkansas, Inc. Harrison AR Preferred Stock w/ Warrants 16,500,000 $ Par 

3, 30 - 

8/13/2010 3/6/2009 Citizens Bancshares Corporation Atlanta GA Preferred Stock 7,462,000 $ Par 8/13/2010 

2 3/6/2009 ICB Financial Ontario CA Preferred Stock w/ Exercised Warrants 6,000,000 $ Par 

2 3/6/2009 First Texas BHC, Inc. Fort Worth TX Preferred Stock w/ Exercised Warrants 13,533,000 $ Par 2 3/6/2009 Farmers & Merchants Bancshares, Inc. Houston TX Preferred Stock w/ Exercised Warrants 11,000,000 $ Par 2 3/6/2009 Blue Ridge Bancshares, Inc. Independence MO Preferred Stock w/ Exercised Warrants 12,000,000 $ Par 

2 3/6/2009 First Reliance Bancshares, Inc. Florence SC Preferred Stock w/ Exercised Warrants 15,349,000 $ Par 

2 3/6/2009 Merchants and Planters Bancshares, Inc. Toone TN Preferred Stock w/ Exercised Warrants 1,881,000 $ Par 

2 3/6/2009 First Southwest Bancorporation, Inc. Alamosa CO Preferred Stock w/ Exercised Warrants 5,500,000 $ Par 2 3/6/2009 Germantown Capital Corporation, Inc. Germantown TN Preferred Stock w/ Exercised Warrants 4,967,000 $ Par 

2 3/6/2009 BOH Holdings, Inc. Houston TX Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 2 3/6/2009 AmeriBank Holding Company Collinsville OK Preferred Stock w/ Exercised Warrants 2,492,000 $ Par 2 3/6/2009 Highlands Independent Bancshares, Inc. Sebring FL Preferred Stock w/ Exercised Warrants 6,700,000 $ Par 2 3/6/2009 Pinnacle Bank Holding Company, Inc. Orange City FL Preferred Stock w/ Exercised Warrants 4,389,000 $ Par 2 3/6/2009 Blue River Bancshares, Inc. Shelbyville IN Preferred Stock w/ Exercised Warrants 5,000,000 $ Par 

2 3/6/2009 Marine Bank & Trust Company Vero Beach FL Preferred Stock w/ Exercised Warrants 3,000,000 $ Par 2 3/6/2009 Community Bancshares of Kansas, Inc. Goff KS Preferred Stock w/ Exercised Warrants 500,000 $ Par 

2 3/6/2009 Regent Bancorp, Inc. Davie FL Preferred Stock w/ Exercised Warrants 9,982,000 $ Par 2 3/6/2009 Park Bancorporation, Inc. Madison WI Preferred Stock w/ Exercised Warrants 23,200,000 $ Par 

2 3/6/2009 PeoplesSouth Bancshares, Inc. Colquitt GA Preferred Stock w/ Exercised Warrants 12,325,000 $ Par 

3/13/2009 First Place Financial Corp. Warren OH Preferred Stock w/ Warrants 72,927,000 $ Par 

3/13/2009 Salisbury Bancorp, Inc. Lakeville CT Preferred Stock w/ Warrants 8,816,000 $ Par 3/13/2009 First Northern Community Bancorp Dixon CA Preferred Stock w/ Warrants 17,390,000 $ Par 3/13/2009 Discover Financial Services Riverwoods IL Preferred Stock w/ Warrants 1,224,558,000 $ Par 4/21/2010 

3/13/2009 Provident Community Bancshares, Inc. Rock Hill SC Preferred Stock w/ Warrants 9,266,000 $ Par 

3, 30 - 

8/13/2010 3/13/2009 First American International Corp. Brooklyn NY Preferred Stock $ 17,000,000 Par 8/13/2010 

2 3/13/2009 BancIndependent, Inc. Sheffield AL Preferred Stock w/ Exercised Warrants 21,100,000 $ Par 2 3/13/2009 Haviland Bancshares, Inc. Haviland KS Preferred Stock w/ Exercised Warrants 425,000 $ Par 

2 3/13/2009 1st United Bancorp, Inc. Boca Raton FL Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 11/18/2009 

2 3/13/2009 Madison Financial Corporation Richmond KY Preferred Stock w/ Exercised Warrants 3,370,000 $ Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

2 3/13/2009 First National Corporation Strasburg VA Preferred Stock w/ Exercised Warrants 13,900,000 $ Par 

2 3/13/2009 St. Johns Bancshares, Inc. St. Louis MO Preferred Stock w/ Exercised Warrants 3,000,000 $ Par 

2 3/13/2009 Blackhawk Bancorp, Inc. Beloit WI Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 

2, 3a - 

11/13/2009 3/13/2009 IBW Financial Corporation Washington DC Preferred Stock 6,000,000 $ Par 

2 3/13/2009 Butler Point, Inc. Catlin IL Preferred Stock w/ Exercised Warrants 607,000 $ Par 2 3/13/2009 Bank of George Las Vegas NV Preferred Stock w/ Exercised Warrants 2,672,000 $ Par 

2 3/13/2009 Moneytree Corporation Lenoir City TN Preferred Stock w/ Exercised Warrants 9,516,000 $ Par 

2 3/13/2009 Sovereign Bancshares, Inc. Dallas TX Preferred Stock w/ Exercised Warrants 18,215,000 $ Par 

2 3/13/2009 First Intercontinental Bank Doraville GA Preferred Stock w/ Exercised Warrants 6,398,000 $ Par 

3/20/2009 Heritage Oaks Bancorp Paso Robles CA Preferred Stock w/ Warrants 21,000,000 $ Par 

2 3/20/2009 Community First Bancshares Inc. Union City TN Preferred Stock w/ Exercised Warrants 20,000,000 $ Par 

2 3/20/2009 First NBC Bank Holding Company New Orleans LA Preferred Stock w/ Exercised Warrants 17,836,000 $ Par 2 3/20/2009 First Colebrook Bancorp, Inc. Colebrook NH Preferred Stock w/ Exercised Warrants 4,500,000 $ Par 2 3/20/2009 Kirksville Bancorp, Inc. Kirksville MO Preferred Stock w/ Exercised Warrants 470,000 $ Par 

2 3/20/2009 Peoples Bancshares of TN, Inc Madisonville TN Preferred Stock w/ Exercised Warrants 3,900,000 $ Par 

2 3/20/2009 Premier Bank Holding Company Tallahassee FL Preferred Stock w/ Exercised Warrants 9,500,000 $ Par 2 3/20/2009 Citizens Bank & Trust Company Covington LA Preferred Stock w/ Exercised Warrants 2,400,000 $ Par 2 3/20/2009 Farmers & Merchants Financial Corporation Argonia KS Preferred Stock w/ Exercised Warrants 442,000 $ Par 

2 3/20/2009 Farmers State Bankshares, Inc. Holton KS Preferred Stock w/ Exercised Warrants 700,000 $ Par 

2 3/27/2009 SBT Bancorp, Inc. Simsbury CT Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 

2 3/27/2009 CSRA Bank Corp. Wrens GA Preferred Stock w/ Exercised Warrants 2,400,000 $ Par 

2 3/27/2009 Trinity Capital Corporation Los Alamos NM Preferred Stock w/ Exercised Warrants 35,539,000 $ Par 2 3/27/2009 Clover Community Bankshares, Inc. Clover SC Preferred Stock w/ Exercised Warrants 3,000,000 $ Par 

2 3/27/2009 Pathway Bancorp Cairo NE Preferred Stock w/ Exercised Warrants 3,727,000 $ Par 

2 3/27/2009 Colonial American Bank West Conshohocken PA Preferred Stock w/ Exercised Warrants 574,000 $ Par 2 3/27/2009 MS Financial, Inc. Kingwood TX Preferred Stock w/ Exercised Warrants 7,723,000 $ Par 2 3/27/2009 Triad Bancorp, Inc. Frontenac MO Preferred Stock w/ Exercised Warrants 3,700,000 $ Par 

2 3/27/2009 Alpine Banks of Colorado Glenwood Springs CO Preferred Stock w/ Exercised Warrants 70,000,000 $ Par 2 3/27/2009 Naples Bancorp, Inc. Naples FL Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 2 3/27/2009 CBS Banc-Corp. Russellville AL Preferred Stock w/ Exercised Warrants 24,300,000 $ Par 2 3/27/2009 IBT Bancorp, Inc. Irving TX Preferred Stock w/ Exercised Warrants 2,295,000 $ Par 2 3/27/2009 Spirit BankCorp, Inc. Bristow OK Preferred Stock w/ Exercised Warrants 30,000,000 $ Par 2 3/27/2009 Maryland Financial Bank Towson MD Preferred Stock w/ Exercised Warrants 1,700,000 $ Par 

4/3/2009 First Capital Bancorp, Inc. Glen Ellen VA Preferred Stock w/ Warrants 10,958,000 $ Par 

2, 3, 30 - 

8/13/2010 4/3/2009 Tri-State Bank of Memphis Memphis TN Preferred Stock 2,795,000 $ Par 8/13/2010 

2 4/3/2009 Fortune Financial Corporation Arnold MO Preferred Stock w/ Exercised Warrants 3,100,000 $ Par 

2 4/3/2009 BancStar, Inc. Festus MO Preferred Stock w/ Exercised Warrants 8,600,000 $ Par 

2 4/3/2009 Titonka Bancshares, Inc Titonka IA Preferred Stock w/ Exercised Warrants 2,117,000 $ Par 2 4/3/2009 Millennium Bancorp, Inc. Edwards CO Preferred Stock w/ Exercised Warrants 7,260,000 $ Par 2 4/3/2009 TriSummit Bank Kingsport TN Preferred Stock w/ Exercised Warrants 2,765,000 $ Par 

2 4/3/2009 Prairie Star Bancshares, Inc. Olathe KS Preferred Stock w/ Exercised Warrants 2,800,000 $ Par 

2 4/3/2009 Community First Bancshares, Inc. Harrison AR Preferred Stock w/ Exercised Warrants 12,725,000 $ Par 

2 4/3/2009 BCB Holding Company, Inc. Theodore AL Preferred Stock w/ Exercised Warrants 1,706,000 $ Par 

2, 3 4/10/2009 City National Bancshares Corporation Newark NJ Preferred Stock 9,439,000 $ Par 

2 4/10/2009 First Business Bank, N.A. San Diego CA Preferred Stock w/ Exercised Warrants 2,211,000 $ Par 2 4/10/2009 SV Financial, Inc. Sterling IL Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 

2 4/10/2009 4/10/2009 Capital Commerce Bancorp Inc Capital Commerce Bancorp, Inc. Milwaukee Milwaukee WI Preferred Stock w/ Exercised Warrants Preferred Stock w/ Exercised Warrants $ 5 100 000 5,100,000 Par 

2 4/10/2009 Metropolitan Capital Bancorp, Inc. Chicago IL Preferred Stock w/ Exercised Warrants 2,040,000 $ Par 

4/17/2009 Bank of the Carolinas Corporation Mocksville NC Preferred Stock w/ Warrants 13,179,000 $ Par 

2 4/17/2009 Penn Liberty Financial Corp. Wayne PA Preferred Stock w/ Exercised Warrants 9,960,000 $ Par 2 4/17/2009 Tifton Banking Company Tifton GA Preferred Stock w/ Exercised Warrants 3,800,000 $ Par 2 4/17/2009 Patterson Bancshares, Inc Patterson LA Preferred Stock w/ Exercised Warrants 3,690,000 $ Par 2 4/17/2009 BNB Financial Services Corporation New York NY Preferred Stock w/ Exercised Warrants 7,500,000 $ Par 2 4/17/2009 Omega Capital Corp. Lakewood CO Preferred Stock w/ Exercised Warrants 2,816,000 $ Par 

4/24/2009 Mackinac Financial Corporation Manistique MI Preferred Stock w/ Warrants 11,000,000 $ Par 

2 4/24/2009 Birmingham Bloomfield Bancshares, Inc Birmingham MI Preferred Stock w/ Exercised Warrants 1,635,000 $ Par 2 4/24/2009 Vision Bank - Texas Richardson TX Preferred Stock w/ Exercised Warrants 1,500,000 $ Par 2 4/24/2009 Oregon Bancorp, Inc. Salem OR Preferred Stock w/ Exercised Warrants 3,216,000 $ Par 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

2 4/24/2009 Peoples Bancorporation, Inc. Easley SC Preferred Stock w/ Exercised Warrants 12,660,000 $ Par 

2 4/24/2009 Indiana Bank Corp. Dana IN Preferred Stock w/ Exercised Warrants 1,312,000 $ Par 2 4/24/2009 Business Bancshares, Inc. Clayton MO Preferred Stock w/ Exercised Warrants 15,000,000 $ Par 2 4/24/2009 Standard Bancshares, Inc. Hickory Hills IL Preferred Stock w/ Exercised Warrants 60,000,000 $ Par 2 4/24/2009 York Traditions Bank York PA Preferred Stock w/ Exercised Warrants 4,871,000 $ Par 2 4/24/2009 Grand Capital Corporation Tulsa OK Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 2 4/24/2009 Allied First Bancorp, Inc. Oswego IL Preferred Stock w/ Exercised Warrants 3,652,000 $ Par 8 4/24/2009 Frontier Bancshares, Inc. Austin TX Subordinated Debentures w/ Exercised Warrants $ Par 11/24/2009 3,000,000 

5/1/2009 Village Bank and Trust Financial Corp Midlothian VA Preferred Stock w/ Warrants 14,738,000 $ Par 

2 5/1/2009 CenterBank Milford OH Preferred Stock w/ Exercised Warrants 2,250,000 $ Par 

2 5/1/2009 Georgia Primary Bank Atlanta GA Preferred Stock w/ Exercised Warrants 4,500,000 $ Par 2 5/1/2009 Union Bank & Trust Company Oxford NC Preferred Stock w/ Exercised Warrants 3,194,000 $ Par 2 5/1/2009 HPK Financial Corporation Chicago IL Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 8 5/1/2009 OSB Financial Services, Inc. Orange TX Subordinated Debentures w/ Exercised Warrants $ Par 6,100,000

8 5/1/2009 Security State Bank Holding-Company Jamestown ND Subordinated Debentures w/ Exercised Warrants $ Par 10,750,000

2, 13 - 

8/31/2010 5/8/2009 Highlands Bancorp, Inc. (Highlands State Bank) Vernon NJ Preferred Stock w/ Exercised Warrants 3,091,000 $ Par 

2 5/8/2009 One Georgia Bank Atlanta GA Preferred Stock w/ Exercised Warrants 5,500,000 $ Par 2 5/8/2009 Gateway Bancshares, Inc. Ringgold GA Preferred Stock w/ Exercised Warrants 6,000,000 $ Par 

8 5/8/2009 Freeport Bancshares Inc Freeport IL Subordinated Debentures w/ Exercised 8 5/8/2009 Freeport Bancshares, Inc. Freeport IL $ 3 000 000 Par Warrants $ 3,000,000 Par

8 5/8/2009 Investors Financial Corporation of Pettis County, Inc. Sedalia MO Subordinated Debentures w/ Exercised Warrants $ Par 4,000,0008 5/8/2009 Sword Financial Corporation Horicon WI Subordinated Debentures w/ Exercised Warrants $ Par 13,644,000

3, 8, 30 - 

8/13/2010 5/8/2009 Premier Bancorp, Inc. Wilmette IL Subordinated Debentures 6,784,000 $ Par 8/13/2010 

5/15/2009 Mercantile Bank Corporation Grand Rapids MI Preferred Stock w/ Warrants 21,000,000 $ Par 

2 5/15/2009 Northern State Bank Closter NJ Preferred Stock w/ Exercised Warrants 1,341,000 $ Par 2 5/15/2009 Western Reserve Bancorp, Inc Medina OH Preferred Stock w/ Exercised Warrants 4,700,000 $ Par 2 5/15/2009 Community Financial Shares, Inc. Glen Ellyn IL Preferred Stock w/ Exercised Warrants 6,970,000 $ Par 2 5/15/2009 Worthington Financial Holdings, Inc. Huntsville AL Preferred Stock w/ Exercised Warrants 2,720,000 $ Par 2 5/15/2009 First Community Bancshares, Inc Overland Park KS Preferred Stock w/ Exercised Warrants 14,800,000 $ Par 2 5/15/2009 Southern Heritage Bancshares, Inc. Cleveland TN Preferred Stock w/ Exercised Warrants 4,862,000 $ Par 2 5/15/2009 Foresight Financial Group, Inc. Rockford IL Preferred Stock w/ Exercised Warrants 15,000,000 $ Par 

3, 8 5/15/2009 IBC Bancorp, Inc. Chicago IL Subordinated Debentures 4,205,000 $ Par 

8 5/15/2009 Boscobel Bancorp, Inc Boscobel WI Subordinated Debentures w/ Exercised Warrants $ Par 5,586,0008 5/15/2009 Brogan Bankshares, Inc. Kaukauna WI Subordinated Debentures w/ Exercised Warrants $ Par 2,400,0008 5/15/2009 Riverside Bancshares, Inc. Little Rock AR Subordinated Debentures w/ Exercised Warrants $ Par 1,100,0008 5/15/2009 Deerfield Financial Corporation Deerfield WI Subordinated Debentures w/ Exercised Warrants $ Par 2,639,0008 5/15/2009 Market Street Bancshares, Inc. Mt. Vernon IL Subordinated Debentures w/ Exercised Warrants $ Par 20,300,0002 5/22/2009 The Landrum Company Columbia MO Preferred Stock w/ Exercised Warrants 15,000,000 $ Par 2 5/22/2009 First Advantage Bancshares Inc. Coon Rapids MN Preferred Stock w/ Exercised Warrants 1,177,000 $ Par 2 5/22/2009 Fort Lee Federal Savings Bank Fort Lee NJ Preferred Stock w/ Exercised Warrants 1,300,000 $ Par 

2 5/22/2009 Blackridge Financial, Inc. Fargo ND Preferred Stock w/ Exercised Warrants 5,000,000 $ Par 2 5/22/2009 Illinois State Bancorp, Inc. Chicago IL Preferred Stock w/ Exercised Warrants 6,272,000 $ Par 2 5/22/2009 Universal Bancorp Bloomfield IN Preferred Stock w/ Exercised Warrants 9,900,000 $ Par 2 5/22/2009 Franklin Bancorp, Inc. Washington MO Preferred Stock w/ Exercised Warrants 5,097,000 $ Par 8 5/22/2009 Commonwealth Bancshares, Inc. Louisville KY Subordinated Debentures w/ Exercised Warrants $ Par 20,400,000

8 5/22/2009 Premier Financial Corp Dubuque IA Subordinated Debentures w/ Exercised Warrants $ Par 6,349,0008 5/22/2009 F & C Bancorp, Inc. Holden MO Subordinated Debentures w/ Exercised Warrants $ Par 2,993,0008 5/22/2009 Diamond Bancorp, Inc. Washington MO Subordinated Debentures w/ Exercised Warrants $ Par 20,445,000
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

8 5/22/2009 United Bank Corporation Barnesville GA Subordinated Debentures w/ Exercised Warrants $ Par 14,400,000

5/29/2009 Community Bank Shares of Indiana, Inc. New Albany IN Preferred Stock w/ Warrants $ Par 19,468,000

2 5/29/2009 American Premier Bancorp Arcadia CA Preferred Stock w/ Exercised Warrants $ Par 1,800,0002 5/29/2009 CB Holding Corp. Aledo IL Preferred Stock w/ Exercised Warrants $ Par 4,114,0002 5/29/2009 Citizens Bancshares Co. Chillicothe MO Preferred Stock w/ Exercised Warrants $ Par 24,990,0002 5/29/2009 Grand Mountain Bancshares, Inc. Granby CO Preferred Stock w/ Exercised Warrants $ Par 3,076,0002 5/29/2009 Two Rivers Financial Group Burlington IA Preferred Stock w/ Exercised Warrants $ Par 12,000,0008 5/29/2009 Fidelity Bancorp, Inc Baton Rouge LA Subordinated Debentures w/ Exercised Warrants $ Par 3,942,0008 5/29/2009 Chambers Bancshares, Inc. Danville AR Subordinated Debentures w/ Exercised Warrants $ Par 19,817,000

2 6/5/2009 Covenant Financial Corporation Clarksdale MS Preferred Stock w/ Exercised Warrants $ Par 5,000,0008 6/5/2009 First Trust Corporation New Orleans LA Subordinated Debentures w/ Exercised Warrants $ Par 17,969,000

8, 10 6/5/2009 OneFinancial Corporation Little Rock AR Subordinated Debentures w/ Exercised Warrants $ Par 17,300,000

2 6/12/2009 Berkshire Bancorp, Inc. Wyomissing PA Preferred Stock w/ Exercised Warrants $ Par 2,892,000

2, 10 6/12/2009 First Vernon Bancshares, Inc. Vernon AL Preferred Stock w/ Exercised Warrants $ Par 6,000,000

2 6/12/2009 SouthFirst Bancshares, Inc. Sylacauga AL Preferred Stock w/ Exercised Warrants $ Par 2,760,000

2, 10 6/12/2009 Virginia Company Bank Newport News VA Preferred Stock w/ Exercised Warrants $ Par 4,700,000

2 6/12/2009 Enterprise Financial Services Group, Inc. Allison Park PA Preferred Stock w/ Exercised Warrants $ Par 4,000,000

8, 10 6/12/2009 First Financial Bancshares, Inc. Lawrence KS Subordinated Debentures w/ Exercised Warrants $ Par 3,756,000

8 6/12/2009 River Valley Bancorporation, Inc. Wausau WI Subordinated Debentures w/ Exercised Warrants $ Par 15,000,0002 6/19/2009 Merchants and Manufacturers Bank Corporation Joliet IL Preferred Stock w/ Exercised Warrants $ Par 3,510,000

2, 10 6/19/2009 RCB Financial Corporation Rome GA Preferred Stock w/ Exercised Warrants $ Par 8,900,000

8 6/19/2009 Manhattan Bancshares, Inc. Manhattan IL Subordinated Debentures w/ Exercised Warrants $ Par 2,639,000

8, 10 6/19/2009 Biscayne Bancshares, Inc. Coconut Grove FL Subordinated Debentures w/ Exercised Warrants $ Par 6,400,000

8 6/19/2009 Duke Financial Group, Inc. Minneapolis MN Subordinated Debentures w/ Exercised Warrants $ Par 12,000,0008 6/19/2009 Farmers Enterprises, Inc. Great Bend KS Subordinated Debentures w/ Exercised Warrants $ Par 12,000,0008 6/19/2009 Century Financial Services Corporation Santa Fe NM Subordinated Debentures w/ Exercised Warrants $ Par 10,000,0008 6/19/2009 NEMO Bancshares Inc. Madison MO Subordinated Debentures w/ Exercised Warrants $ Par 2,330,000

3, 8, 30 - 

7/30/2010 6/19/2009 University Financial Corp, Inc. St. Paul MN Subordinated Debentures $ 11,926,000 Par 7/30/2010 

8 6/19/2009 Suburban Illinois Bancorp, Inc. Elmhurst IL Subordinated Debentures w/ Exercised Warrants $ Par 15,000,000

6/26/2009 Hartford Financial Services Group, Inc. Hartford CT Preferred Stock w/ Warrants $ Par 3/31/2010 3,400,000,000 

2 6/26/2009 Fidelity Resources Company Plano TX Preferred Stock w/ Exercised Warrants $ Par 3,000,000

2, 10 6/26/2009 Waukesha Bankshares, Inc. Waukesha WI Preferred Stock w/ Exercised Warrants $ Par 5,625,000

2 6/26/2009 FC Holdings, Inc. Houston TX Preferred Stock w/ Exercised Warrants $ Par 21,042,000

2, 10 6/26/2009 Security Capital Corporation Batesville MS Preferred Stock w/ Exercised Warrants $ Par 17,388,000

2 6/26/2009 First Alliance Bancshares, Inc. Cordova TN Preferred Stock w/ Exercised Warrants $ Par 3,422,0002 6/26/2009 Gulfstream Bancshares, Inc. Stuart FL Preferred Stock w/ Exercised Warrants $ Par 7,500,000

2, 10 6/26/2009 Gold Canyon Bank Gold Canyon AZ Preferred Stock w/ Exercised Warrants $ Par 1,607,000

2, 3, 10, 30 - 6/26/2009 M&F Bancorp Inc Durham NC Preferred Stock $ 11 735 000 Par 8/20/2010 

8/20/2010 6/26/2009 M&F Bancorp, Inc. Durham NC Preferred Stock $ 11,735,000 Par 8/20/2010 

2 6/26/2009 Metropolitan Bank Group, Inc. Chicago IL Preferred Stock w/ Exercised Warrants $ Par 71,526,0002 6/26/2009 NC Bancorp, Inc. Chicago IL Preferred Stock w/ Exercised Warrants $ Par 6,880,0002 6/26/2009 Alliance Bancshares, Inc. Dalton GA Preferred Stock w/ Exercised Warrants $ Par 2,986,0008 6/26/2009 Stearns Financial Services, Inc. St. Cloud MN Subordinated Debentures w/ Exercised 

Warrants $ Par 24,900,000

8 6/26/2009 Signature Bancshares, Inc. Dallas TX Subordinated Debentures w/ Exercised Warrants $ Par 1,700,0008 6/26/2009 Fremont Bancorporation Fremont CA Subordinated Debentures w/ Exercised 

Warrants $ Par 35,000,000

8 6/26/2009 Alliance Financial Services Inc. Saint Paul MN Subordinated Debentures w/ Exercised Warrants $ Par 12,000,000

7/10/2009 Lincoln National Corporation Radnor PA Preferred Stock w/ Warrants 950,000,000 $ Par 6/30/2010 
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

2, 10 7/10/2009 Bancorp Financial, Inc. Oak Brook IL Preferred Stock w/ Exercised Warrants $ Par 13,669,000

2 7/17/2009 Brotherhood Bancshares, Inc. Kansas City KS Preferred Stock w/ Exercised Warrants $ Par 11,000,0002 7/17/2009 SouthCrest Financial Group, Inc. Fayetteville GA Preferred Stock w/ Exercised Warrants $ Par 12,900,000

2, 3 7/17/2009 Harbor Bankshares Corporation Baltimore MD Preferred Stock $ Par 6,800,000

8 7/17/2009 First South Bancorp, Inc. Lexington TN Subordinated Debentures w/ Exercised Warrants $ Par 50,000,0008 7/17/2009 Great River Holding Company Baxter MN Subordinated Debentures w/ Exercised Warrants $ Par 8,400,000

8, 10 7/17/2009 Plato Holdings Inc. Saint Paul MN Subordinated Debentures w/ Exercised Warrants $ Par 2,500,000

7/24/2009 Yadkin Valley Financial Corporation Elkin NC Preferred Stock w/ Warrants $ Par 13,312,000

2, 10 7/24/2009 Community Bancshares, Inc. Kingman AZ Preferred Stock w/ Exercised Warrants $ Par 3,872,000

2 7/24/2009 Florida Bank Group, Inc. Tampa FL Preferred Stock w/ Exercised Warrants $ Par 20,471,0008 7/24/2009 First American Bank Corporation Elk Grove Village IL Subordinated Debentures w/ Exercised Warrants $ Par 50,000,0002 7/31/2009 Chicago Shore Corporation Chicago IL Preferred Stock w/ Exercised Warrants $ Par 7,000,000

8, 10 7/31/2009 Financial Services of Winger, Inc. Winger MN Subordinated Debentures w/ Exercised Warrants $ Par 3,742,000

2 8/7/2009 The ANB Corporation Terrell TX Preferred Stock w/ Exercised Warrants $ Par 20,000,0002 8/7/2009 U.S. Century Bank Miami FL Preferred Stock w/ Exercised Warrants $ Par 50,236,0002 8/14/2009 Bank Financial Services, Inc. Eden Prarie MN Preferred Stock w/ Exercised Warrants $ Par 1,004,0002 8/21/2009 KS Bancorp, Inc. Smithfield NC Preferred Stock w/ Exercised Warrants $ Par 4,000,0008 8/21/2009 AmFirst Financial Services, Inc. McCook NE Subordinated Debentures w/ Exercised Warrants $ Par 5,000,000

2, 3 8/28/2009 First Independence Corporation Detroit MI Preferred Stock $ Par 3,223,000

2 8/28/2009 First Guaranty Bancshares, Inc. Hammond LA Preferred Stock w/ Exercised Warrants $ Par 20,699,000

2, 10 8/28/2009 CoastalSouth Bancshares, Inc. Hilton Head Island SC Preferred Stock w/ Exercised Warrants $ Par 16,015,0008, 10 8/28/2009 TCB Corporation Greenwood SC Subordinated Debentures w/ Exercised Warrants $ Par 9,720,0008, 10 9/4/2009 The State Bank of Bartley Bartley NE Subordinated Debentures w/ Exercised Warrants $ Par 1,697,000

9/11/2009 Pathfinder Bancorp, Inc. Oswego NY Preferred Stock w/ Warrants $ Par 6,771,000

2 9/11/2009 Community Bancshares of Mississippi, Inc. Brandon MS Preferred Stock w/ Exercised Warrants 52,000,000 $ Par 

2, 10 9/11/2009 Heartland Bancshares, Inc. Franklin IN Preferred Stock w/ Exercised Warrants $ Par 7,000,0002, 10 9/11/2009 PFSB Bancorporation, Inc. Pigeon Falls WI Preferred Stock w/ Exercised Warrants $ Par 1,500,000

8 9/11/2009 First Eagle Bancshares, Inc. Hanover Park IL Subordinated Debentures w/ Exercised Warrants $ Par 7,500,000

2, 10 9/18/2009 IA Bancorp, Inc. Iselin NJ Preferred Stock w/ Exercised Warrants 5,976,000 $ Par 2, 10 9/18/2009 HomeTown Bankshares Corporation Roanoke VA Preferred Stock w/ Exercised Warrants 10,000,000 $ Par 2, 10 9/25/2009 Heritage Bankshares, Inc. Norfolk VA Preferred Stock w/ Exercised Warrants 10,103,000 $ Par 

2 9/25/2009 Mountain Valley Bancshares, Inc. Cleveland GA Preferred Stock w/ Exercised Warrants 3,300,000 $ Par 8 9/25/2009 Grand Financial Corporation Hattiesburg MS Subordinated Debentures w/ Exercised Warrants $ Par 2,443,320

3, 8, 30 - 

7/30/2010 9/25/2009 Guaranty Capital Corporation Belzoni MS Subordinated Debentures 14,000,000 $ Par 7/30/2010 

10, 21 9/25/2009 GulfSouth Private Bank Destin FL Preferred Stock w/ Exercised Warrants 7,500,000 $ Par 

8, 10 9/25/2009 Steele Street Bank Corporation Denver CO Subordinated Debentures w/ Exercised Warrants $ Par 11,019,000

10/2/2009 Premier Financial Bancorp, Inc. Huntington WV Preferred Stock w/ Warrants 22,252,000 $ Par 

2, 10 10/2/2009 Providence Bank Rocky Mount NC Preferred Stock w/ Exercised Warrants 4,000,000 $ Par 2, 10 10/23/2009 Regents Bancshares, Inc. Vancouver WA Preferred Stock w/ Exercised Warrants 12,700,000 $ Par 

Subordinated Debentures w/ Exercised 8 10/23/2009 Cardinal Bancorp II, Inc. Washington MO Subordinated Debentures w/ Exercised Warrants $ Par 6,251,000

2 10/30/2009 Randolph Bank & Trust Company Asheboro NC Preferred Stock w/ Exercised Warrants $ Par 6,229,000

2, 10a 10/30/2009 WashingtonFirst Bankshares, Inc. Reston VA Preferred Stock $ Par 6,842,0002, 10a 11/6/2009 F & M Bancshares, Inc. Trezevant TN Preferred Stock $ Par 3,535,000

2, 10 11/13/2009 Fidelity Federal Bancorp Evansville IN Preferred Stock w/ Exercised Warrants $ Par 6,657,0008, 10 11/13/2009 Community Pride Bank Corporation Ham Lake MN Subordinated Debentures w/ Exercised Warrants $ Par 4,400,000

2, 10a 11/13/2009 HPK Financial Corporation Chicago IL Preferred Stock w/ Exercised Warrants $ Par 5,000,000

2, 10 11/20/2009 Presidio Bank San Francisco CA Preferred Stock w/ Exercised Warrants $ Par 10,800,000

2 11/20/2009 McLeod Bancshares, Inc. Shorewood MN Preferred Stock w/ Exercised Warrants $ Par 6,000,000

2, 10a 11/20/2009 Metropolitan Capital Bancorp, Inc. Chicago IL Preferred Stock $ Par 2,348,000
Name of Institution City State Investment Description Investment Amount 

 Pricing 

Mechanism

Capital 

Repayment Dat

Footnote Purchase Date 

Seller Purchase Details Capital R

3, 10a 12/4/2009 Broadway Financial Corporation Los Angeles CA Preferred Stock $ Par 6,000,000

2 12/4/2009 Delmar Bancorp Delmar MD Preferred Stock w/ Exercised Warrants $ Par 9,000,000

2, 10 12/4/2009 Liberty Bancshares, Inc. Fort Worth TX Preferred Stock w/ Exercised Warrants $ Par 6,500,000

2 12/11/2009 First Community Financial Partners, Inc. Joliet IL Preferred Stock w/ Exercised Warrants $ Par 22,000,000

2, 10 12/11/2009 Wachusett Financial Services, Inc. Clinton MA Preferred Stock w/ Exercised Warrants $ Par 12,000,000

8 12/11/2009 Nationwide Bankshares, Inc. West Point NE Subordinated Debentures w/ Exercised Warrants $ Par 2,000,000

2, 10a 12/11/2009 GrandSouth Bancorporation Greenville SC Preferred Stock $ Par 6,319,000

2, 10a 12/11/2009 1st Enterprise Bank Los Angeles CA Preferred Stock $ Par 6,000,000

2, 10a 12/11/2009 First Resource Bank Exton PA Preferred Stock $ Par 2,417,000

2, 10a 12/11/2009 First Western Financial, Inc. Denver CO Preferred Stock $ Par 11,881,0002, 10a 12/11/2009 Meridian Bank Devon PA Preferred Stock $ Par 6,335,000

2, 10a 12/11/2009 The Victory Bancorp, Inc. Limerick PA Preferred Stock w/ Exercised Warrants $ Par 1,505,000

2, 10a 12/11/2009 First Business Bank, N.A. San Diego CA Preferred Stock $ Par 2,032,000

2 12/18/2009 Layton Park Financial Group Milwaukee WI Preferred Stock w/ Exercised Warrants $ Par 3,000,000

2, 10 12/18/2009 Centric Financial Corporation Harrisburg PA Preferred Stock w/ Exercised Warrants $ Par 6,056,000

2 12/18/2009 Valley Financial Group, Ltd., 1st State Bank Saginaw MI Preferred Stock w/ Exercised Warrants $ Par 1,300,000

2, 10a 12/18/2009 Cache Valley Banking Company Logan UT Preferred Stock $ Par 4,640,000

2, 10a 12/18/2009 Birmingham Bloomfield Bancshares, Inc Birmingham MI Preferred Stock $ Par 1,744,000

2, 10a 12/18/2009 First Priority Financial Corp. Malvern PA Preferred Stock $ Par 4,596,000

2, 10a 12/18/2009 Northern State Bank Closter NJ Preferred Stock $ Par 1,230,000

2, 10a 12/18/2009 Union Bank & Trust Company Oxford NC Preferred Stock $ Par 2,997,000

2, 10 12/22/2009 First Freedom Bancshares, Inc. Lebanon TN Preferred Stock w/ Exercised Warrants $ Par 8,700,000

2, 10a 12/22/2009 First Choice Bank Cerritos CA Preferred Stock $ Par 2,836,000

2, 10a, 13 - 

8/31/2010 12/22/2009 Highlands Bancorp, Inc. (Highlands State Bank) Vernon NJ Preferred Stock 2,359,000 $ Par 

2, 10a 12/22/2009 Medallion Bank Salt Lake City UT Preferred Stock w/ Exercised Warrants $ Par 9,698,000

2, 10a 12/22/2009 Catskill Hudson Bancorp, Inc Rock Hill NY Preferred Stock w/ Exercised Warrants $ Par 3,500,000

2, 10a 12/22/2009 TriSummit Bank Kingsport TN Preferred Stock $ Par 4,237,000

2, 10 12/29/2009 Atlantic Bancshares, Inc. Bluffton SC Preferred Stock w/ Exercised Warrants $ Par 2,000,000

2, 10 12/29/2009 Union Financial Corporation Albuquerque NM Preferred Stock w/ Exercised Warrants $ Par 2,179,000

2 12/29/2009 Mainline Bancorp, Inc. Ebensburg PA Preferred Stock w/ Exercised Warrants $ Par 4,500,000

8, 10 12/29/2009 FBHC Holding Company Boulder CO Subordinated Debentures w/ Exercised Warrants $ Par 3,035,000

2, 10a 12/29/2009 Western Illinois Bancshares Inc. Monmouth IL Preferred Stock $ Par 4,567,000

2, 10a 12/29/2009 DeSoto County Bank Horn Lake MS Preferred Stock $ Par 1,508,0002, 10a 12/29/2009 Lafayette Bancorp, Inc. Oxford MS Preferred Stock $ Par 2,453,0002, 10a 12/29/2009 Private Bancorporation, Inc. Minneapolis MN Preferred Stock $ Par 3,262,000

2, 10a 12/29/2009 CBB Bancorp Cartersville GA Preferred Stock $ Par 1,753,0002, 10a 12/29/2009 Illinois State Bancorp, Inc. Chicago IL Preferred Stock w/ Exercised Warrants $ Par 4,000,000

Total Purchase Amount * 204,940,341,320 $ 

f

TOTAL TREASURY CAPITAL PURCHASE PROGRAM (CPP) OUTSTANDING INVESTMENT AMOUNT

* Total purchase amount includes the capitalization of accrued dividends referred to in Notes 20, 22 and 28.** Total repaid includes (i) the amount of $8,479,158,535 applied as repayment under the Capital Purchase Program from the total proceeds of $10,505,219,983 received pursuant to the sales of Citigroup, Inc. common stock a

repaid by institutions that have completed exchanges for investments under the Community Development Capital Initiative (see Note 30 and "Community Development Capital Initiative" below).

Notes appear on the following page.
22/ On 4/16/2010, Treasury exchanged its $72,000,000 of Preferred Stock in Independent Bank Corporation (Independent) for $74,426,000 of Mandatory Convertible Preferred Stock (MCP), which is equivalent to the initial inve

Independent of the conditions related to its capital plan, the MCP may be converted to common stock.23/ Treasury received Citigroup common stock pursuant to the June 2009 Exchange Agreement between Treasury and Citigroup which provided for the exchange into common shares of the preferred stock that Treasury purchM St l & C I t d (M St l ) di ti th it it l t t ll bj t t t i t t 1 500 000 000 h f th t k f ti t ti d i th i d di 21/ On 3/30/2010, Treasury exchanged its $7,500,000 of Subordinated Debentures in GulfSouth Private Bank for an equivalent amount of Preferred Stock, in connection with its conversion from a Subchapter S-Corporation, th10a/ This institution received an additional investment through the expansion of CPP for small banks.11/ Treasury made three separate investments in Citigroup Inc. (Citigroup) under the CPP, Targeted Investment Program (TIP), and Asset Guarantee Program (AGP) for a total of $49 billion. On 6/9/2009, Treasury entered into 

Stock, Series H (CPP Shares) "dollar for dollar" in Citigroup's Private and Public Exchange Offerings. On 7/23/2009 and 7/30/2009, Treasury exchanged a total of $25 billion of the CPP shares for Series M Common Stock Equshares of common stock and the associated warrant terminated on receipt of certain shareholder approvals.12/ On 8/24/2009, Treasury exchanged its Series C Preferred Stock issued by Popular, Inc. for a like amount of non tax-deductible Trust Preferred Securities issued by Popular Capital Trust III, administrative trustee for Popula

13/ This institution converted to a bank holding company structure and Treasury exchanged its securities for a like amount of securities that comply with the CPP terms applicable to bank holding companies. The institution in w

14/ As of the date of this report, this institution is in bankruptcy proceedings. 15/ For final disposition of warrants, "R" represents proceeds from a repurchase of warrants by the financial institution, and "A" represents the proceeds to Treasury, before underwriting fees and selling expenses, from a sale b16/ On 12/10/2009, the bankruptcy reorganization plan of CIT Group Inc. became effective and Treasury's preferred stock and warrant investment were extinguished and replaced by Contingent Value Rights (CVRs). On 2/8/217/ On 12/11/2009, Treasury exchanged its Series A Preferred Stock issued by Superior Bancorp, Inc. for a like amount of non tax-deductible Trust Preferred Securities issued by Superior Capital Trust II, administrative trustee 18/ On 2/1/2010, following the acquisition of First Market Bank (First Market) by Union Bankshares Corporation (the acquiror), the preferred stock and exercised warrants issued by First Market on 2/6/2009 were exchanged for 19/ On 2/11/2010, Pacific Coast National Bancorp dismissed its bankruptcy proceedings with no recovery to any creditors or investors, including Treasury, and the investment was extinguished.20/ On 3/8/2010, Treasury exchanged its $84,784,000 of Preferred Stock in Midwest Banc Holdings, Inc. (MBHI) for $89,388,000 of Mandatory Convertible Preferred Stock (MCP), which is equivalent to the initial investment am

conditions related to its capital plan, the MCP may be converted to common stock.10/ This institution participated in the expansion of CPP for small banks.1a/ This transaction was included in previous Transaction Reports with Merrill Lynch & Co., Inc. listed as the qualifying institution and a 10/28/2008 transaction date, footnoted to indicate that settlement was deferred pending m1b/ The warrant disposition proceeds amount are stated pro rata in respect of the CPP investments in Bank of America Corporation that occurred on 10/28/2008 and 1/9/2009. The total gross disposition proceeds from CPP won 3/3/2010 appear on a following page of this report. 2/ Privately-held qualified financial institution; Treasury received a warrant to purchase additional shares of preferred stock (unless the institution is a CDFI), which it exercised immediately.3/ To promote community development financial institutions (CDFIs), Treasury does not require warrants as part of its investment in certified CDFIs when the size of the investment is $50 million or less.3a/ Treasury cancelled the warrants received from this institution due to its designation as a CDFI.4/ Repayment pursuant to Title VII, Section 7001(g) of the American Recovery and Reinvestment Act of 2009.5/ Redemption pursuant to a qualified equity offering.6/ This amount does not include accrued and unpaid dividends, which must be paid at the time of capital repayment.7/ The proceeds associated with the disposition of this investment do not include accrued and unpaid dividends.8/ Subchapter S corporation; Treasury received a warrant to purchase additional subordinated debentures (unless the institution is a CDFI), which it exercised immediately.9/ In its qualified equity offering, this institution raised more capital than Treasury’s original investment, therefore, the number of Treasury’s shares underlying the warrant was reduced by half.28/ On 7/20/2010, Treasury completed the exchange of its $400,000,000 of Preferred Stock in First BanCorp for $424,174,000 of Mandatorily Convertible Preferred Stock (MCP), which is equivalent to the initial investment amoBanCorp of certain conditions, including those related to its capital plan, the MCP may be converted to common stock.29/ On 8/31/2010, following the completion of the conditions related to Pacific Capital Bancorp's (Pacific Capital) capital plan, Treasury exchanged its $180,634,000 of Preferred Stock in Pacific Capital for $195,045,000 of Mancapitalized previously accrued and unpaid dividends. Subject to the fulfillment by Pacific Capital of certain conditions, including regulatory approval and the completion of an increase in authorized shares available for conversio

otherwise in accordance with the terms of the MCP.30/ This institution qualified to participate in the Community Development Capital Initiative (CDCI), and has completed an exchange of its Capital Purchase Program investment for an investment under the terms of the CDCI pr

31/ On 8/12/2010, Treasury entered into an agreement with Hampton Roads Bankshares, Inc. (Hampton) to exchange Treasury’s $80,347,000 of Preferred Stock for an equivalent amount of Mandatorily Convertible Preferred S

Subject to the fulfillment by Hampton of certain conditions, including receipt of regulatory approvals and satisfactory completion of its capital plan, the MCP may be converted to common stock.Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority as its sales agent to sell subject to certain parameters up to 1,500,000,000 shares of the common stock from time to time during the period ending o

2010, Treasury again gave Morgan Stanley discretionary authority as its sales agent to sell subject to certain parameters up to 1,500,000,000 shares of the common stock from time to time during the period ending on June 30generally made at the market price. See "Capital Purchase Program - Citigroup, Inc., Common Stock Disposition" on following page for the actual number of shares sold by Morgan Stanley, the weighted average price per shaStanley discretionary authority as its sales agent to sell subject to certain parameters up to 1,500,000,000 shares of the common stock from time to time during the period ending on September 30, 2010 (or on completion of the 24/ On 8/26/2010, Treasury completed the exchange of its $303,000,000 of Preferred Stock in Sterling Financial Corporation (Sterling) for a like amount of Mandatorily Convertible Preferred Stock (MCP), pursuant to the terms conditions set forth in the Certificate of Designations for the MCP, including those related to its capital plan, Treasury’s $303,000,000 of MCP was subsequently converted into 378,750,000 shares of common stock. 25/ As of the date of this report, the banking subsidiary of this institution has been placed in receivership and the subsidiary's assets and liabilities were ordered to be sold to another bank.26/ On 5/18/2010, Treasury entered into an agreement with The Toronto-Dominion Bank for the sale of all Preferred Stock and Warrants issued by South Financial Group, Inc. to Treasury at an aggregate purchase price of $13closing conditions.27/ On 6/30/2010, Treasury exchanged $46,400,000 of its Series A Preferred Stock in First Merchants Corporation for a like amount of non tax-deductible Trust Preferred Securities issued by First Merchants Capital Trust III.
Pricing Mechanism4 Number of Shares Proceeds5

4/26/2010 -

5/26/2010

1

$4.1217 1,500,000,000 $ 6,182,493,158 

5/26/2010 - 

6/30/2010

2

$3.8980 1,108,971,857 $ 4,322,726,825 

7/23/2010 - 

9/30/2010

3

Total Proceeds: $10,505,219,983

CAPITAL PURCHASE PROGRAM - CITIGROUP, INC.

COMMON STOCK DISPOSITION

Date

1/ On April 26, 2010, Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority, as its sales agent, common stock from time to time during the period ending on June 30, 2010 (or upon completion of the sale). Completion of the sale 2/ On May 26, 2010, Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority, as its sales agent, common stock from time to time during the period ending on June 30, 2010 (or upon completion of the sale). Completion of the sale 

4/ The price set forth is the weighted average price for all sales of Citigroup, Inc. common stock made by Treasury over the course o5/ Amount represents the gross proceeds to Treasury.common stock from time to time during the period ending on June 30, 2010 (or upon completion of the sale). Completion of the sale 

3/ On July 23, 2010, Treasury gave Morgan Stanley & Co. Incorporated (Morgan Stanley) discretionary authority, as its sales agent, stock from time to time during the period ending on September 30, 2010 (or upon completion of the sale).
Name of Institution City State Investment Description Amount from CPP Additional Investment 

1 7/30/2010 Guaranty Capital Corporation Belzoni MS Subordinated Debentures $ - 14,000,000 $ 

1, 2 7/30/2010 University Financial Corp, Inc. St. Paul MN Subordinated Debentures $ 10,189,000 11,926,000 $ 1, 2 8/6/2010 Southern Bancorp, Inc. Arkadelphia AR Preferred Stock $ 22,800,000 11,000,000 $ 

1 8/13/2010 Premier Bancorp, Inc. Wilmette IL Subordinated Debentures $ - 6,784,000 $ 

1 8/13/2010 Citizens Bancshares Corporation Atlanta GA Preferred Stock $ - 7,462,000 $ 

1 8/13/2010 PGB Holdings, Inc. Chicago IL Preferred Stock $ - 3,000,000 $ 

1 8/13/2010 First American International Corp. Brooklyn NY Preferred Stock $ - 17,000,000 $ 

1 8/13/2010 Tri-State Bank of Memphis Memphis TN Preferred Stock $ - 2,795,000 $ 

1 8/20/2010 Mission Valley Bancorp Sun Valley CA Preferred Stock $ - 5,500,000 $ 

1 8/20/2010 M&F Bancorp, Inc. Durham NC Preferred Stock $ - 11,735,000 $ 

1 8/27/2010 Carver Bancorp, Inc New York NY Preferred Stock $ - 18,980,000 $ 

Total Purchase Amoun

TOTAL TREASURY COMMUNITY 

1/ This institution qualified to participate in the Community Development Capital Initiative (CDCI), and has exchanged its Capital Purchase Program investment for an equivalent amount of investment with Trea2/ Treasury made an additional investment in this institution at the time it entered the CDCI program.

COMMUNITY DEVELOPMENT CAPITAL INITIATIVE

Footnote Purchase Date 

Seller Purchase Details 
12/29/2008 Purchase GMAC Preferred Stock w/ Exercised Warrants $ Par 12/30/2009 5,000,000,000 Exchange for convertible preferred stock $ N/A GMAC 

5,000,000,000 

GMAC GMAC GMAC 

12/30/2009 Purchase GMAC Trust Preferred Securities w/ Exercised Warrants $ Par 2,540,000,00012/30/2009 Purchase GMAC Convertible Preferred Stock w/ Exercised Warrants $ Par 22 1,250,000,00012/29/2008 Purchase General Motors Corporation Debt Obligation 884,024,131 $ Par 2 5/29/2009 Exchange for equity interest in GMAC $ N/A 884,024,131 3

12/31/2008 Purchase General Motors Corporation Debt Obligation w/ Additional Note $ Par 7/10/2009 13,400,000,000 Exchange for preferred and common stock in New GM $ 13,400,000,000 N/A 7

4/22/2009 Purchase General Motors Corporation Debt Obligation w/ Additional Note $ Par 2,000,000,000 4 7/10/2009 Exchange for preferred and common stock in New GM $ 2,000,000,000 N/A 7 General Motors Company 

5/20/2009 Purchase General Motors Corporation Debt Obligation w/ Additional Note $ Par 4,000,000,000 5 7/10/2009 Exchange for preferred and common stock in New GM $ 4,000,000,000 N/A 7 General Motors Company 

GMAC Convertible Preferred Stock w/ Exercised Warrants

7 General Motors Holdings LLC Par 6 7/10/2009 

Exchange for preferred and common stock in New GM $ 360,624,198 N/A

Pricing 

Mechanism Obligor 

N/A

General 

Motors Detroit, MI 5/27/2009 Purchase General Motors Corporation Debt Obligation w/ Additional Note $ 360,624,198

$ Par 22 12/30/2009 7,500,000,000 Partial exchange for common stock $ 3,000,000,000

GMAC Detroit, MI

5/21/2009 Purchase

Transaction Type Seller Description Amount

Pricing 

Mechanism Date

AUTOMOTIVE INDUSTRY FINANCING PROGRAM

Initial Investment Exchange/Transfer/Other Details Treasur

City, State Date 

Type Amount 

6/3/2009 Purchase General Motors Corporation Debt Obligation w/ Additional Note $ Par 30,100,000,000 8 7/10/2009 Exchange for preferred and common stock in New GM $ 22,041,706,310 N/A 9

7/10/2009 Transfer of debt to New GM 7,072,488,605 $ N/A 97/10/2009 Debt left at Old GM 985,805,085 $ N/A 9 Motors Liquida

Company 

1/16/2009 Purchase Chrysler FinCo Debt Obligation w/ Additional Note $ Par 1,500,000,000 13 

1/2/2009 Purchase Chrysler Holding Debt Obligation w/ Additional Note $ Par 6/10/2009 4,000,000,000 Transfer of debt to New Chrysler $ N/A 500,000,000 19 Chrysler Holdin

4/29/2009 Purchase Chrysler Holding Debt Obligation w/ Additional Note $ - - 14

4/29/2009 Purchase Chrysler Holding Debt Obligation w/ Additional Note $ Par 280,130,642 15 

5/1/2009 Purchase Old Chrysler Debt Obligation w/ Additional Note $ 1,888,153,580 16 4/30/2010 (1,888,153,580) $ N/A 23 Old Carco Liquidation Tru

5/20/2009 Purchase Old Chrysler Debt Obligation w/ Additional Note $ - - 17

5/27/2009 Purchase New Chrysler Debt Obligation w/ Additional Note, Equity $ N/A 6,642,000,000 18 6/10/2009 Issuance of equity in New Chrysler $ N/A - Chrysler Group LLC 

Chrysler Group LLC 

Total Initial Investment 

Amount $ 81,344,932,551 

Chrysler Auburn Hills, MI

Completion of bankruptcy proceeding; transfer of collateral security to liquidation trust

Chrysler 

FinCo

Farmington 

Hills, MI

Footnotes appear on following page.

Total Treasury Investment 

Amount $ 67,0
19. Pursuant to the agreement explained in footnote 18, $500 million of this debt obligation was assumed by New Chrysler. 

20. Under loan agreement, as amended on 7/23/2009, Treasury was entitled to proceeds Chrysler Holdco received from Chrysler FinCo equal to the greater of $1.375 billion or 40% of the equity value of Chrysler FinCo. Pursuant to a termination agreement dnotes and accrued and unpaid interest) of Chrysler Holdco and upon receipt of such payment to terminate all such obligations13. The loan was funded through Chrysler LB Receivables Trust, a special purpose vehicle created by Chrysler FinCo. The amount of $1,500,000,000 represents the maximum loan amount. The loan was incrementally funded until it reached the maximum am14. This transaction was an amendment to Treasury's 1/2/2009 agreement with Chrysler Holding. As of 4/30/2009, Treasury's obligation to lend any funds committed under this amendment had terminated. No funds were disbursed.

15. The loan was used to capitalize Chrysler Warranty SPV LLC, a special purpose vehicle created by Old Chrysler. 16. This transaction was set forth in a credit agreement with Old Chrysler fully executed on 5/5/2009 following a term sheet executed on 5/1/2009 and made effective on 4/30/2009. Treasury's commitment was $3.04 billion of the total $4.1 billion debtor-in-poss

terminated. The remaining principal amount reflects the final amount of funds disbursed under the Chrysler DIP Loan.17. This transaction was an amendment to Treasury's commitment under the Chrysler DIP Loan, which increased Treasury's commitment by an amount $756,857,000 to a total of $3.8 billion under the Chrysler DIP Loan. As of 6/30/2009, Treasury's obligation 

18. This transaction, first reported based on a term sheet fully executed on 5/27/2009 for an amount up to $6.943 billion, was set forth in a credit agreement with New Chrysler fully executed on 6/10/2009. Under the terms of the credit agreement, Treasury mad

6/10/2009 from Chrysler Holding originally incurred under Treasury's 1/2/2009 credit agreement with Chrysler Holding. The debt obligations are secured by a first priority lien on the assets of New Chrysler. When the sale to new Chrysler was completed, Treas

7. On 7/10/2009, the principal amount outstanding under the Old GM Loan and interest accrued thereunder were extinguished and exchanged for privately placed preferred and common equity in New GM. (See green lines in the table above.)

8. Under the terms of the $33.3 billion debtor-in-possession credit agreement dated 6/3/2009 with Old GM (the "GM DIP Loan"), Treasury's commitment amount was $30.1 billion. The remaining $2.2 billion of the financing was provided by Canadian governm9. On 7/10/2009, Treasury and Old GM amended the GM DIP Loan, and the principal amount and interest accrued thereunder were extinguished and exchanged for privately placed preferred and common equity in New GM, except for (i) $7.07 billion, which wtransactions marked by green lines in table above) and (ii) $986 million, which remained a debt obligation of Old GM. 10. In total, for the exchange of the Old GM Loan and the GM DIP Loan (other than as explained in footnote 9), Treasury received $2.1 billion in preferred shares and 60.8% of the common shares of New GM. (See transactions marked by green lines in the ta11. Pursuant to a corporate reorganization completed on or about 10/19/2009, the shareholders of New GM, including with respect to Treasury's preferred and common stock, became shareholders of General Motors Holding Company (the ultimate parent com

GM was converted to "General Motors LLC". General Motors LLC is a wholly owned subsidiary of General Motors Holdings LLC, and General Motors Holdings LLC is a wholly owned subsidiary of General Motors Company.12. Pursuant to a corporate reorganization completed on 10/19/2009, Treasury's loan with New GM was assigned and assumed by General Motors Holdings LLC.1. Payment amount does not include accrued and unpaid interest on a debt obligation, which must be paid at the time of principal repayment.

2. Treasury committed to lend General Motors Corporation up to $1,000,000,000. The ultimate funding was dependent upon the level of investor participation in GMAC LLC's rights offering. The amount has been updated to reflect the final level of funding. 

3. Pursuant to its rights under the loan agreement with Old GM reported on 12/29/2008, Treasury exchanged its $884 million loan to Old GM for a portion of Old GM’s common equity interest in GMAC. Treasury held a 35.4% common equity interest in GMAC 4. This transaction is an amendment to Treasury's 12/31/2008 agreement with Old GM (the "Old GM Loan"), which brought the total loan amount to $15,400,000,000.

5. This transaction was a further amendment to the Old GM Loan, which brought the total loan amount to $19,400,000,000.

6. This transaction was a further amendment to the Old GM Loan, which brought the total loan amount to $19,760,624,198. The $360,624,198 loan was used to capitalize GM Warranty LLC, a special purpose vehicle created by Old GM . On 7/10/2009, the p"Chrysler FinCo" refers to Chrysler Financial Services Americas LLC."Chrysler Holding" refers to CGI Holding LLC, the company formerly known as "Chrysler Holding LLC"."Old Chrysler" refers to Old Carco LLC (fka Chrysler LLC)."New Chrysler" refers to Chrysler Group LLC, the company that purchased Old Chrysler's assets on 6/10/2009 in a sale pursuant to section 363 of the Bankruptcy Code.As used in this table and its footnotes:"GMAC" refers to GMAC Inc., formerly known as GMAC LLC."Old GM" refers to General Motors Corporation, which is now known as Motors Liquidation Company."New GM" refers to General Motors Company, the company that purchased Old GM's assets on 7/10/2009 in a sale pursuant to section 363 of the Bankruptcy Code. See also footnote 11.

City State

Adjustmen

Amount

6

7/8/2009 3 $ (500,000,0

7

$ 5,000,000,000 

6/ Treasury's commitment was $2.5 billion (see note 3). As of 4/5/2010, Treasury's commitment to lend under the credit agreement had terminated and the borrower has paid its obligations with respect to the Additional Note. The final investment amount refle

7/ Treasury's commitment was $1 billion (see note 3) As of 4/7/2010 Treasury's commitment to lend under the credit agreement had terminated and the borrower has paid its obligations with respect to the Additional Note The final investment amount reflect

1/ The loan was funded through GM Supplier Receivables, LLC, a special purpose vehicle created by General Motors Corporation. The amount of $3,500,000,000 represents the maximum loan amount. The loan will be incrementally funded. The credit agreem

2/ The loan was funded through Chrysler Receivables SPV LLC, a special purpose vehicle created by Chrysler LLC. The amount of $1,500,000,000 represents the maximum loan amount. The loan will be incrementally funded. The credit agreement was fully e

3/ Treasury issued notice to the institution of the permanent reduced commitment on 7/8/2009; the reduction was effective on 7/1/2009.4/ Does not include accrued and unpaid interest due on the amount of principal repayment, which interest must be paid at the time of principal repayment.5/ All outstanding principal drawn under the credit agreement was repaid.

N/A

INITIAL TOTAL ADJUSTED TOTAL 413,076,735 $ Total Repayments 413,076,7

$ 

2 4/9/2009 Chrysler Receivables SPV LLC Wilmington DE Purchase Debt Obligation w/ Additional Note $ 1,500,000,000

Debt Obligation w/ Additional Note $ N/A 3,500,000,000

7/8/2009 3 $ (1,000,000,0

1 4/9/2009 GM Supplier Receivables LLC Wilmington DE Purchase

Pricing Mechanism

Adjustme

Name of Institution

Adjustment 

Date

Footnote Date 

Seller

Transaction Type

Investment 

Description 

Investment 

Amount

notes and accrued and unpaid interest) of Chrysler Holdco, and upon receipt of such payment to terminate all such obligations.

21. Amount of the Treasury investment after exchange includes the exercised warrants from Treasury's initial investment. 22. Under the terms of an agreement dated 12/30/2009, the convertible preferred shares will mandatorily convert to common stock under the conditions and the conversion price as set forth in the terms of the agreement. 23. On April 30, 2010, the Plan of Liquidation for the debtors of Old Chrysler approved by the respective bankruptcy court became effective (the “Liquidation Plan”). Under the Liquidation Plan, the loan Treasury had provided to Old Chrysler was extinguished w

liquidation from time to time of the specified collateral security attached to such loan.

AUTOMOTIVE SUPPLIER SUPPORT PROGRAM

7/ Treasury s commitment was $1 billion (see note 3). As of 4/7/2010, Treasury s commitment to lend under the credit agreement had terminated and the borrower has paid its obligations with respect to the Additional Note. The final investment amount reflect
Date Name of Institution City State

Capital 

Repayment Date

Capital Repayment 

Amount

Remaining 

Capital Amount

Remaining Capital 

Description Final Disposition Date 3

Di

De

1 12/31/2008 Citigroup Inc. New York NY Purchase

Trust Preferred Securities w/ Warrants $ 20,000,000,000 Par 12/23/2009 2 $ 20,000,000,000 0 $ Warrants

1/16/2009

Bank of America Corporation Charlotte NC Purchase

Preferred Stock w/ Warrants $ 20,000,000,000 Par 12/9/2009

2

 $ 20,000,000,000 $ 0 Warrants 3/3/2010 A W

TOTAL $ 40,000,000,000 $ 40,000,000,000 

$ 0

Date Name of Institution City State

1 1/16/2009 Citigroup Inc. New York NY Guarantee Master Agreement $ 5,000,000,000 

Preferred Stock 

w/ Warrants 2 6/9/2009

Exchange preferred stock for trust preferred securities

Trust Preferred Securities w/ Warrants 

3 12/23/2009 Citigroup Inc. New York NY Termination Termination Agreement $ (5,000,000,000)

TOTAL $ 0

2/ Treasury made three separate investments in Citigroup Inc. ("Citigroup") under CPP, TIP, and AGP for a total of $49 billion. On 6/9/2009, Treasury entered into an agreement with Citigroup to exchange all of Treasury’s investments. On 7/30/2009, Treasury exchanged all of its Fixed R

Preferred Securities. 3/ On 12/23/2009, Treasury entered into a Termination Agreement with the other parties to the Master Agreement which served to terminate Treasury’s guarantee and obligations under the Master Agreement. In connection with the early termination of the guarantee, Treasury agreed to 

subject to the conditions set out in the Termination Agreement, the FDIC may transfer $800 million of Trust Preferred Securities to Treasury at the close of Citigroup’s participation in the FDIC’s Temporary Liquidity Guarantee Program.

 $ 4,034,000,000 $ 4,0

1/ In consideration for the guarantee, Treasury received $4.03 billion of preferred stock, which pays 8% interest.

A

Description Amount Footnote Date Type Description 

ASSET GUARANTEE PROGRAM

Footnote

Initial Investment Premium Exchange/Transfer/Other Details 

Seller

Type Description Guarantee Limit

3/ For final disposition of warrants, "R" represents proceeds from a repurchase of warrants by the financial institution, and "A" represents the proceeds to Treasury, before underwriting fees and selling expenses, from a sale by Treasury in a registered public offering of the warrants issue

TARGETED INVESTMENT PROGRAM

Footnote

Seller

Transaction 

Type Investment Description Investment Amount

Pricing 

Mechanism

Capital Repayment Details

Treasury Investment Remaining After Capital 

Repayment Final Di

AMOUNT Total Warrant Procee

TOTAL TREASURY TIP INVESTMENT AMOUNT

1/ Treasury made three separate investments in Citigroup Inc. ("Citigroup") under CPP, TIP, and AGP for a total of $49 billion. On 6/9/2009, Treasury entered into an agreement with Citigroup to exchange all of Treasury’s investments. On 7/30/2009, Treasury exchanged all of its Fixed R

Stock, Series I (TIP Shares) “dollar for dollar” for Trust Preferred Securities.2/ Repayment pursuant to Title VII, Section 7001 of the American Recovery and Reinvestment Act of 2009.
Name of Institution City State 

1 3/3/2009 TALF LLC Wilmington DE Purchase Debt Obligation w/ Additional Note $ 

20,000,000,000

TOTAL $ 4,300,000,000

Seller 

Name of Institution City State 

Transaction 

Type Investment Description Investment Amount Pricing Mec

11/25/2008 AIG New York NY Purchase Preferred Stock w/ Warrants 40,000,000,000 $ Par 

3 4/17/2009 AIG New York NY Purchase Preferred Stock w/ Warrants 29,835,000,000 $ Par 

TOTAL $ 69,835,000,000

1/ The loan was funded through TALF LLC, a special purpose vehicle created by The Federal Reserve Bank of New York ("FRBNY"). The amount of $20,000,000,000 represents the maximum loan amount. The loan w

2/ On 7/19/2010, Treasury, the FRBNY and TALF LLC entered into an amendment of the credit agreement previously entered into on 3/3/2009, which amendment reduced Treasury's maximum loan amount to $4,300,0

AMERICAN INTERNATIONAL GROUP, INC. (AIG) INVESTMENT PROGRAM

(formerly referred to as Systemically Significant Failing Institutions)

Footnote Date 

Purchase Details 

Pricing Me

N/A

CONSUMER AND BUSINESS LENDING INITIATIVE INVESTMENT PROGRAM

Footnote Date

Seller Transaction 

Type Investment Description Investment Amount

1/ On 4/17/2009, Treasury exchanged its Series D Fixed Rate Cumulative Preferred Shares for Series E Fixed Rate Non-Cumulative Preferred Shares with no change to Treasury's initial investment amount. In additioreflect the cumulative unpaid dividends for the Series D Preferred Shares due to Treasury through and including the exchange date.2/ The investment price reflects Treasury's commitment to invest up to $30 billion less a reduction of $165 million representing retention payments AIG Financial Products made to its employees in March 2009.3/ This transaction does not include AIG's commitment fee of an additional $165 million scheduled to be paid from its operating income in three equal installments over the five-year life of the facility.
Name of Institution City State Date Amount Date A

1 9/30/2009 Invesco Legacy Securities Master Fund, L.P. Wilmington DE Purchase Membership Interest 1,111,111,111 $ Par 3/22/2010

6

$ 7/16/2010 

1,244,437,500 $ 

1 10/1/2009 Wellington Management Legacy Securities PPIF Master Fund, LP Wilmington DE Purchase Membership Interest 1,111,111,111 $ Par 3/22/2010

6

$ 7/16/2010 1,

1,262,037,500 $ 

2 10/1/2009 Wellington Management Legacy Securities PPIF Master Fund, LP Wilmington DE Purchase Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par 3/22/2010

6

$ 7/16/2010 2,

2,524,075,000 $ 

1 10/2/2009 AllianceBernstein Legacy Securities Master Fund, L.P. Wilmington DE Purchase Membership Interest 1,111,111,111 $ Par 3/22/2010

6

$ 7/16/2010 1,

1,244,437,500 $ 

2 10/2/2009 AllianceBernstein Legacy Securities Master Fund, L.P. Wilmington DE Purchase Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par 3/22/2010

6

$ 7/16/2010 2,

2,488,875,000 $ 

1 10/2/2009 Blackrock PPIF, L.P. Wilmington DE Purchase Membership Interest 1,111,111,111 $ Par 3/22/2010

6

$ 7/16/2010 

1,244,437,500 $ 

2 10/2/2009 Blackrock PPIF, L.P. Wilmington DE Purchase Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par 3/22/2010

6

$ 7/16/2010 1,

2,488,875,000 $ 

1 10/30/2009 AG GECC PPIF Master Fund, L.P. Wilmington DE Purchase Membership Interest $ 1,111,111,111 Par 3/22/2010

6

$ 1,271,337,500 7/16/2010 $ 1,

Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par 3/22/2010

6

$ 7/16/2010 1,

2,488,875,000 $ 

2 9/30/2009 Invesco Legacy Securities Master Fund, L.P. Wilmington DE Purchase

1/4/2010

4

$ 200,000,000

4

Purchase Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par $ Purchase Membership Interest 1,111,111,111 $ Par 1/4/2010 4 156,250,000 $ 

2 9/30/2009 UST/TCW Senior Mortgage Securities Fund, L.P. Wilmington DE

4 

$ 

LEGACY SECURITIES PUBLIC-PRIVATE INVESTMENT PROGRAM (S-PPIP)

(Revised as of July 16, 2010)

Footnote Date

Seller

Transaction 

Type Investment Description Investment Amount

Pricing 

Mechanism

Adjusted Investment 3 Final Investment 

1 9/30/2009 UST/TCW Senior Mortgage Securities Fund, L.P. Wilmington DE

1 10/30/2009 AG GECC PPIF Master Fund, L.P. Wilmington DE Purchase Membership Interest $ 1,111,111,111 Par 3/22/2010 $ 1,271,337,500 7/16/2010 $ 1,

2 10/30/2009 AG GECC PPIF Master Fund, L.P. Wilmington DE Purchase Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par 3/22/2010

6

$ 7/16/2010 2,

2,542,675,000 $ 

1 11/4/2009 RLJ Western Asset Public/Private Master Fund, L.P. Wilmington DE Purchase Membership Interest 1,111,111,111 $ Par 3/22/2010

6

$ 7/16/2010 

1,244,437,500 $ 

2 11/4/2009 RLJ Western Asset Public/Private Master Fund, L.P. Wilmington DE Purchase Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par 3/22/2010

6

$ 7/16/2010 1,

2,488,875,000 $ 

1 11/25/2009 Marathon Legacy Securities Public-Private Investment Partnership, L.P. Wilmington DE Purchase Membership Interest 1,111,1 $ Pa 11,111 r 3/22/2010

6

$ 7/16/2010 

1,244,437,500 $ 

2 11/25/2009 Marathon Legacy Securities Public-Private Investment Partnership, L.P. Wilmington DE Purchase Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par 3/22/2010

6

$ 7/16/2010 

2,488,875,000 $ 

1 12/18/2009 Oaktree PPIP Fund, L.P. Wilmington DE Purchase Membership Interest 1,111,111,111 $ Par 3/22/2010

6

$ 7/16/2010 1,

1,244,437,500 $ 

2 12/18/2009 Oaktree PPIP Fund, L.P. Wilmington DE Purchase Debt Obligation w/ Contingent Proceeds 2,222,222,222 $ Par 3/22/2010

6

$ 7/16/2010 2,

2,488,875,000 $ 

INITIAL INVESTMENT AMOUNT $ 30,000,000,000 $ 22,

7/ Amount adjusted to show Treasury's final capital commitment (membership interest) and the maximum amount of Treasury's debt obligation that may be drawn down in accordance with the Loan Agreement.1/ The equity amount may be incrementally funded. Investment amount represents Treasury's maximum obligation if the limited partners other than Treasury fund their maximum equity capital obligations.2/ The loan may be incrementally funded. Investment amount represents Treasury's maximum obligation if Treasury and the limited partners other than Treasury fund 100% of their maximum equity obligations.3/ Adjusted to show Treasury's maximum obligations to a fund.4/ On 1/4/2010, Treasury and the fund manager entered into a Winding-Up and Liquidation Agreement.5/ Profit after capital repayments will be paid pro rata (subject to prior distribution of Contingent Proceeds to Treasury) to the fund's partners, including Treasury, in respect of their membership interests.6/ Following termination of the TCW fund, the $3.33 billion of obligations have been reallocated to the remaining eight funds pursuant to consent letters from Treasury dated as of 3/22/2010. $133 million of maximum equity capital obligation and $267 million of maximum d

in the TCW fund to the Wellington fund and the AG GECC fund, respectively. The $356 million of final investment in the TCW fund will remain a part of Treasury's total maximum S-PPIP investment amount.

FINAL INVESTMENT AMOUNT 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

4/13/2009 Select Portfolio Servicing Salt Lake City UT Purchase Financial Instrument for Home Loan Modifications $ 376,000,000 N/A 

4/13/2009 CitiMortgage, Inc. O'Fallon MO Purchase Financial Instrument for Home Loan Modifications $ 2,071,000,000 N/A 

HOME AFFORDABLE MODIFICATION PROGRAM

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

4/13/2009 Wells Fargo Bank, NA Des Moines IA Purchase Financial Instrument for Home Loan Modifications $ 2,873,000,000 N/A 

4/13/2009 GMAC Mortgage, Inc. Ft. Washington PA Purchase Financial Instrument for Home Loan Modifications $ 633,000,000 N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

4/13/2009 Saxon Mortgage Services, Inc. Irving TX Purchase Financial Instrument for Home Loan Modifications $ 407,000,000 N/A 4/13/2009 Chase Home Finance, LLC Iselin NJ Purchase Financial Instrument for Home Loan Modifications $ 3,552,000,000 N/A 

4/16/2009 Ocwen Financial Corporation, Inc. West Palm Beach FL Purchase Financial Instrument for Home Loan Modifications $ 659,000,000 N/A 

Bank of America, N.A. Simi Valley CA Purchase Financial Instrument for Home Loan Modifications $ 798,900,000 N/A Countrywide Home Loans Servicing LP Simi Valley CA Purchase Financial Instrument for Home Loan Modifications $ 1,864,000,000 N/A 

4/17/2009 as 

amended on 

1/26/2010

4/17/2009 as 

amended on 

1/26/2010
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

4/20/2009 Home Loan Services, Inc. Pittsburgh PA Purchase Financial Instrument for Home Loan Modifications $ 319,000,000 N/A 

4/20/2009 Wilshire Credit Corporation Beaverton OR Purchase Financial Instrument for Home Loan Modifications $ 366,000,000 N/A 

4/24/2009 Green Tree Servicing LLC Saint Paul MN Purchase Financial Instrument for Home Loan Modifications 156,000,000 $ N/A 

4/27/2009 Carrington Mortgage Services, LLC Santa Ana CA Purchase Financial Instrument for Home Loan Modifications 195,000,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

5/1/2009 Aurora Loan Services, LLC Littleton CO Purchase Financial Instrument for Home Loan Modifications 798,000,000 $ N/A 

5/28/2009 Nationstar Mortgage LLC Lewisville TX Purchase Financial Instrument for Home Loan Modifications 101,000,000 $ N/A 6/12/2009 Residential Credit Solutions Fort Worth TX Purchase Financial Instrument for Home Loan Modifications 19,400,000 $ N/A 

6/17/2009 CCO Mortgage Glen Allen VA Purchase Financial Instrument for Home Loan Modifications 16,520,000 $ N/A 6/17/2009 RG Mortgage Corporation San Juan PR Purchase Financial Instrument for Home Loan Modifications 57,000,000 $ N/A 6/19/2009 First Federal Savings and Loan Port Angeles WA Purchase Financial Instrument for Home Loan Modifications 770,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

6/19/2009 Wescom Central Credit Union Anaheim CA Purchase Financial Instrument for Home Loan Modifications 540,000 $ N/A 6/26/2009 Citizens First Wholesale Mortgage Company The Villages FL Purchase Financial Instrument for Home Loan Modifications 30,000 $ N/A 6/26/2009 Technology Credit Union San Jose CA Purchase Financial Instrument for Home Loan Modifications 70,000 $ N/A 6/26/2009 National City Bank Miamisburg OH Purchase Financial Instrument for Home Loan Modifications $ 294 980 000 N/A 6/26/2009 National City Bank Miamisburg OH Purchase Financial Instrument for Home Loan Modifications $ 294,980,000 N/A 

7/1/2009 Wachovia Mortgage, FSB Des Moines IA Purchase Financial Instrument for Home Loan Modifications 634,010,000 $ N/A 

7/1/2009 Bayview Loan Servicing, LLC Coral Gables FL Purchase Financial Instrument for Home Loan Modifications 44,260,000 $ N/A 

7/10/2009 Lake National Bank Mentor OH Purchase Financial Instrument for Home Loan Modifications 100,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

7/10/2009 IBM Southeast Employees' Federal Credit Union Delray Beach FL Purchase Financial Instrument for Home Loan Modifications 87 $ N/A 0,000 

7/17/2009 MorEquity, Inc. Evansville IN Purchase Financial Instrument for Home Loan Modifications 23,480,000 $ N/A 

7/17/2009 PNC Bank, National Association Pittsburgh PA Purchase Financial Instrument for Home Loan Modifications 54,470,000 $ N/A 

7/17/2009 Farmers State Bank West Salem OH Purchase Financial Instrument for Home Loan Modifications $ 170 000 N/A 7/17/2009 Farmers State Bank West Salem OH Purchase Financial Instrument for Home Loan Modifications $ 170,000 N/A 

7/17/2009 ShoreBank Chicago IL Purchase Financial Instrument for Home Loan Modifications 1,410,000 $ N/A 7/22/2009 American Home Mortgage Servicing, Inc Coppell TX Purchase Financial Instrument for Home Loan Modifications 1,272,490,000 $ N/A 7/22/2009 Mortgage Center, LLC Southfield MI Purchase Financial Instrument for Home Loan Modifications 4,210,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

7/22/2009 Mission Federal Credit Union San Diego CA Purchase Financial Instrument for Home Loan Modifications 860,000 $ N/A 7/29/2009 First Bank St. Louis MO Purchase Financial Instrument for Home Loan Modifications 6,460,000 $ N/A 7/29/2009 Purdue Employees Federal Credit Union West Lafayette IN Purchase Financial Instrument for Home Loan Modifications 1,090,000 $ N/A 7/29/2009 Wachovia Bank N A Charlotte NC Purchase Financial Instrument for Home Loan Modifications $ 85 020 000 N/A 7/29/2009 Wachovia Bank, N.A. Charlotte NC Purchase Financial Instrument for Home Loan Modifications $ 85,020,000 N/A 

7/31/2009 J.P.Morgan Chase Bank, NA Lewisville TX Purchase Financial Instrument for Home Loan Modifications 2,699,720,000 $ N/A 7/31/2009 EMC Mortgage Corporation Lewisville TX Purchase Financial Instrument for Home Loan Modifications 707,380,000 $ N/A 

8/5/2009 Lake City Bank Warsaw IN Purchase Financial Instrument for Home Loan Modifications 420,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

8/5/2009 Oakland Municipal Credit Union Oakland CA Purchase Financial Instrument for Home Loan Modifications 140,000 $ N/A 

8/5/2009 HomEq Servicing North Highlands CA Purchase Financial Instrument for Home Loan Modifications 674,000,000 $ N/A 

8/12/2009 Litton Loan Servicing LP Houston TX Purchase Financial Instrument for Home Loan Modifications 774,900,000 $ N/A 

8/12/2009 PennyMac Loan Services, LLC Calasbasa CA Purchase Financial Instrument for Home Loan Modifications 6,210,000 $ N/A 8/12/2009 Servis One, Inc. Titusville PA Purchase Financial Instrument for Home Loan Modifications 29,730,000 $ N/A 

8/28/2009 OneWest Bank Pasadena CA Purchase Financial Instrument for Home Loan Modifications 668,440,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

8/28/2009 Stanford Federal Credit Union Palo Alto CA Purchase Financial Instrument for Home Loan Modifications 300,000 $ N/A 

8/28/2009 RoundPoint Mortgage Servicing Corporation Charlotte NC Purchase Financial Instrument for Home Loan Modifications 570,000 $ N/A 

9/2/2009 Horicon Bank Horicon WI Purchase Financial Instrument for Home Loan Modifications 560,000 $ N/A 

Vantium Capital, Inc.dba Acqura Loan Services Plano TX Purchase Financial Instrument for Home Loan Modifications 6,000,000 $ N/A 

9/9/2009 Central Florida Educators Federal Credit Union Lake Mary FL Purchase Financial Instrument for Home Loan Modifications 1,250, $ N/A 000 

9/9/2009 U.S. Bank National Association Owensboro KY Purchase Financial Instrument for Home Loan Modifications 114,220,000 $ N/A 

9/9/2009 CUC Mortgage Corporation Albany NY Purchase Financial Instrument for Home Loan Modifications 4,350,000 $ N/A 

9/2/2009 as 

amended on 

8/27/2010
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

9/11/2009 ORNL Federal Credit Union Oak Ridge TN Purchase Financial Instrument for Home Loan Modifications 2,070,000 $ N/A 

9/11/2009 Allstate Mortgage Loans & Investments, Inc. Ocala FL Purchase Financial Instrument for Home Loan Modifications 250,000 $ N/A 

9/11/2009 Metropolitan National Bank Little Rock AR Purchase Financial Instrument for Home Loan Modifications 280,000 $ N/A 

9/11/2009 9/11/2009 Franklin Credit Management Corporation Franklin Credit Management Corporation Jersey City Jersey City NJ Purchase Purchase Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications $ 27 510 000 27,510,000 N/A 

9/16/2009 Bay Federal Credit Union Capitola CA Purchase Financial Instrument for Home Loan Modifications 410,000 $ N/A 

9/23/2009 AMS Servicing, LLC Buffalo NY Purchase Financial Instrument for Home Loan Modifications 4,390,000 $ N/A 

9/23/2009 Schools Financial Credit Union Sacramento CA Purchase Financial Instrument for Home Loan Modifications 390,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

9/23/2009 Glass City Federal Credit Union Maumee OH Purchase Financial Instrument for Home Loan Modifications 230,000 $ N/A 

9/23/2009 Central Jersey Federal Credit Union Woodbridge NJ Purchase Financial Instrument for Home Loan Modifications 30,000 $ N/A 

9/23/2009 Yadkin Valley Bank Elkin NC Purchase Financial Instrument for Home Loan Modifications 240,000 $ N/A 

9/25/2009 9/25/2009 SEFCU Albany NY Purchase Purchase Financial Instrument for Home Loan Modifications Financial Instrument for Home Loan Modifications $ 440 000 440,000 N/A 

10/14/2009 Great Lakes Credit Union North Chicago IL Purchase Financial Instrument for Home Loan Modifications 570,000 $ N/A 

10/14/2009 Mortgage Clearing Corporation Tulsa OK Purchase Financial Instrument for Home Loan Modifications 4,860,000 $ N/A 

10/21/2009 United Bank Mortgage Corporation Grand Rapids MI Purchase Financial Instrument for Home Loan Modifications 410,000 $ N/A 10/23/2009 Bank United Miami Lakes FL Purchase Financial Instrument for Home Loan Modifications 93,660,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

10/23/2009 IC Federal Credit Union Fitchburg MA Purchase Financial Instrument for Home Loan Modifications 760,000 $ N/A 10/28/2009 Harleysville National Bank & Trust Company Harleysville PA Purchase Financial Instrument for Home Loan Modifications 1,070,000 $ N/A 10/28/2009 Members Mortgage Company, Inc Woburn MA Purchase Financial Instrument for Home Loan Modifications 510,000 $ N/A 10/30/2009 DuPage Credit Union Naperville IL Purchase Financial Instrument for Home Loan Modifications 70,000 $ N/A 

11/6/2009 Los Alamos National Bank Los Alamos NM Purchase Financial Instrument for Home Loan Modifications 700,000 $ N/A 

11/18/2009 Quantum Servicing Corporation Tampa FL Purchase Financial Instrument for Home Loan Modifications 18,960,000 $ N/A 11/18/2009 Hillsdale County National Bank Hillsdale MI Purchase Financial Instrument for Home Loan Modifications 1,670,000 $ N/A 11/18/2009 QLending, Inc. Coral Gables FL Purchase Financial Instrument for Home Loan Modifications 20,000 $ N/A 11/25/2009 Marix Servicing, LLC Phoenix AZ Purchase Financial Instrument for Home Loan Modifications 20,360,000 $ N/A 11/25/2009 Home Financing Center, Inc Coral Gables FL Purchase Financial Instrument for Home Loan Modifications 230,000 $ N/A 11/25/2009 First Keystone Bank Media PA Purchase Financial Instrument for Home Loan Modifications 1,280,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

12/4/2009 Community Bank & Trust Company Clarks Summit PA Purchase Financial Instrument for Home Loan Modifications 380,000 $ N/A 12/4/2009 Idaho Housing and Finance Association Boise ID Purchase Financial Instrument for Home Loan Modifications 9,430,000 $ N/A 12/9/2009 Spirit of Alaska Federal Credit Union Fairbanks AK Purchase Financial Instrument for Home Loan Modifications 360,000 $ N/A 12/9/2009 American Eagle Federal Credit Union East Hartford CT Purchase Financial Instrument for Home Loan Modifications 1,590,000 $ N/A 

12/9/2009 Silver State Schools Credit Union Las Vegas NV Purchase Financial Instrument for Home Loan Modifications 1,880,000 $ N/A 12/9/2009 Fidelity Homestead Savings Bank New Orleans LA Purchase Financial Instrument for Home Loan Modifications 2,940,000 $ N/A 12/9/2009 Bay Gulf Credit Union Tampa FL Purchase Financial Instrument for Home Loan Modifications 230,000 $ N/A 12/9/2009 The Golden 1 Credit Union Sacramento CA Purchase Financial Instrument for Home Loan Modifications 6,160,000 $ N/A 12/9/2009 Sterling Savings Bank Spokane WA Purchase Financial Instrument for Home Loan Modifications 2,250,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

12/11/2009 HomeStar Bank & Financial Services Manteno IL Purchase Financial Instrument for Home Loan Modifications 310,000 $ N/A 12/11/2009 Glenview State Bank Glenview IL Purchase Financial Instrument for Home Loan Modifications 370,000 $ N/A 12/11/2009 Verity Credit Union Seattle WA Purchase Financial Instrument for Home Loan Modifications 600,000 $ N/A 12/11/2009 Hartford Savings Bank Hartford WI Purchase Financial Instrument for Home Loan Modifications 630,000 $ N/A 12/11/2009 The Bryn Mawr Trust Co. Bryn Mawr PA Purchase Financial Instrument for Home Loan Modifications 150,000 $ N/A 12/16/2009 Citizens 1st National Bank Spring Valley IL Purchase Financial Instrument for Home Loan Modifications 620,000 $ N/A 12/16/2009 Golden Plains Credit Union Garden City KS Purchase Financial Instrument for Home Loan Modifications 170,000 $ N/A 12/16/2009 First Federal Savings and Loan Association of Lakewood Lakewood OH Purchase Financial Instrument for Home Loan Modifications 3,460,000 $ N/A 12/16/2009 Sound Community Bank Seattle WA Purchase Financial Instrument for Home Loan Modifications 440,000 $ N/A 12/16/2009 Horizon Bank, NA Michigan City IN Purchase Financial Instrument for Home Loan Modifications 700,000 $ N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

12/16/2009 Park View Federal Savings Bank Solon OH Purchase Financial Instrument for Home Loan Modifications 760,000 $ N/A 12/23/2009 Iberiabank Sarasota FL Purchase Financial Instrument for Home Loan Modifications 4,230,000 $ N/A 12/23/2009 Grafton Suburban Credit Union North Grafton MA Purchase Financial Instrument for Home Loan Modifications 340,000 $ N/A 12/23/2009 Eaton National Bank & Trust Company Eaton OH Purchase Financial Instrument for Home Loan Modifications 60,000 $ N/A 12/23/2009 Tempe Schools Credit Union Tempe AZ Purchase Financial Instrument for Home Loan Modifications 110,000 $ N/A 

1/13/2010 Fresno County Federal Credit Union Fresno CA Purchase Financial Instrument for Home Loan Modifications 260,000 $ N/A 

1/13/2010 Roebling Bank Roebling NJ Purchase Financial Instrument for Home Loan Modifications 240,000 $ N/A 1/13/2010 First National Bank of Grant Park Grant Park IL Purchase Financial Instrument for Home Loan Modifications 140,000 $ N/A 1/13/2010 Specialized Loan Servicing, LLC Highlands Ranch CO Purchase Financial Instrument for Home Loan Modifications 64,150,000 $ N/A 

1/13/2010 1/13/2010 Greater Nevada Mortgage Services Carson Cit G t N dMt S i C City NV Purchase Financial Instrument for Home Loan Modifications 770,000 P h Fi i l I t t f H L M difi ti $ N/A 770 000 N/A 
Servicer Modifying Borrowers' Loans

Name of Institution City State 

Date 

Transaction 

Type Investment Description 

Cap of Incentive Payments 

on Behalf of Borrowers 

and to Servicers & 

Lenders/Investors (Cap) 1

Pricin

Mechan

1/15/2010 Digital Federal Credit Union Marlborough MA Purchase Financial Instrument for Home Loan Modifications 3,050,000 $ N/A 1/29/2010 iServe Residential Lending, LLC San Diego CA Purchase Financial Instrument for Home Loan Modifications 960,000 $ N/A 

1/29/2010 United Bank Griffin GA Purchase Financial Instrument for Home Loan Modifications 540,000 $ N/A 

3/3/2010 Urban Trust Bank Lake Mary FL Purchase Financial Instrument for Home Loan Modifications 1,060,000 $ N/A 3/5/2010 iServe Servicing, Inc. Irving TX Purchase Financial Instrument for Home Loan Modifications 28,040,000 $ N/A 

3/10/2010 Navy Federal Credit Union Vienna VA Purchase Financial Instrument for Home Loan Modifications 60,780,000 $ N/A 

3/10/2010 Vist Financial Corp Wyomissing PA Purchase Financial Instrument for Home Loan Modifications 300,000 $ N/A 4/14/2010 Midwest Bank and Trust Co. Elmwood Park IL Purchase Financial Instrument for Home Loan Modifications 300,000 $ N/A 4/14/2010 Wealthbridge Mortgage Corp Beaverton OR Purchase Financial Instrument for Home Loan Modifications 6,550,000 $ N/A 

5/21/2010 Aurora Financial Group, Inc. Marlton NJ Purchase Financial Instrument for Home Loan Modifications 10,000 $ N/A 6/16/2010 Selene Financial, L.P. Houston TX Transfer Financial Instrument for Home Loan Modifications - $ N/A 

8/4/2010 Suburban Mortgage Company of New Mexico Albuquerque NM Purchase Financial Instrument for Home Loan Modificatiosn 880,000 $ N/A

8/20/2010 Bramble Savings Bank Cincinanati OH Purchase Financial Instrument for Home Loan Modificatiosn 700,000 $ N/A8/25/2010 Pathfinder Bank Oswego NY Purchase Financial Instrument for Home Loan Modificatiosn 1,300,000 $ N/A8/27/2010 First Financial Bank, N.A. Terre Haute ID Purchase Financial Instrument for Home Loan Modificatiosn 4,300,000 $ N/A

Total Initial Cap $ 23,769,170,000 

TOTAL CAP 

"HAFA" means the Home Affordable foreclosure Alternatives program."HPDP" means the Home Price Decline Protection program.

"2MP" th S d Li M difi ti P2/ On July 31, 2009, the SPA with Chase Home Finance, LLC was terminated and superseded by new SPAs with J.P. Morgan Chase Bank, NA and EMC Mortgage Corporation. 3/ Wachovia Mortgage, FSB was merged with Wells Fargo Bank, NA, and the remaining Adjusted Cap stated above represents the amount previously paid to Wachovia Mortgage, FSB prior to such merger. 4/ Initial cap amount only includes FHA-HAMP.5/ On 6/17/2010, Selene Financial, L.P. executed an Assignment and Assumption Agreement with CitiMortgage, Inc. (a copy of which is available on www.FinancialStability.gov) with respect to all rights and o6/ The amendment reflects a change in the legal name of the institution.As used in this table:The Cap is subject to adjustment based on the total amount allocated to the program and individual servicer usage for borrower modifications. Each adjustment to the Cap is reflected under Adjustment Detai

Tot

1/ The Cap of Incentive Payments represents the potential total amount allocated to each servicer and includes the maximum amount allotted for all payments on behalf of borrowers and payments to servicer

"2MP" means the Second Lien Modification Program.
Name of Institution City State

6/23/2010 Nevada Affordable Housing Assistance Corporation Reno NV Purchase Financial Instrument for HHF Program 102,800,

$ 

6/23/2010 CalHFA Mortgage Assistance Corporation Sacramento CA Purchase Financial Instrument for HHF Program 699,600,

$ 

6/23/2010 Florida Housing Finance Corporation Tallahassee FL Purchase Financial Instrument for HHF Program 418,000,

$ 

6/23/2010 Arizona (Home) Foreclosure Prevention Funding Corporation Phoenix AZ Purchase Financial Instrument for HHF Program 125,100, $ 

6/23/2010 Michigan Homeowner Assistance Nonprofit Housing Corporation Lansing MI Purchase Financial Instrument for HHF Program 154,50 $ 

0,

8/3/2010 North Carolina Housing Finance Agency Raleigh NC Purchase Financial Instrument for HHF Program 159,000,

$ 

8/3/2010 Ohio Homeowner Assistance LLC Columbus OH Purchase Financial Instrument for HHF Program 172,000,

$ 

8/3/2010 Oregon Affordable Housing Assistance Corporation Salem OR Purchase Financial Instrument for HHF Program 88,000,

$ 

8/3/2010 Rhode Island Housing and Mortgage Finance Corporation Providence RI Purchase Financial Instrument for HHF Program $ 43,000,

Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets

Hardest Hit Funds (HHF) Program

Date

Seller

Transaction 

Type Investment Description Investment Amo

8/3/2010 Rhode Island Housing and Mortgage Finance Corporation Providence RI Purchase Financial Instrument for HHF Program $ 43,000,8/3/2010 SC Housing Corp Columbia SC Purchase Financial Instrument for HHF Program 138,000,

$ 

TOTAL INVESTMENT AMOUNT $ 2,100,000,

1/ The purchase will be incrementally funded up to the investment amount.
Date

Purchase Face 

Amount 3 Pricing Mechanism 

TBA or 

PMF3 Settlement Date

Investment Amount 

2, 3

Senior Security 

Proceeds 4 Trade Dat

3/19/2010 $ 4,070,000 107.75 - 3/24/2010 4,377,249 $ 2,184 $ 

3/19/2010 $ 7,617,617 109 - 3/24/2010 8,279,156 $ 4,130 $ 

3/19/2010 $ 8,030,000 108.875 - 3/24/2010 8,716,265 $ 4,348 $ 

4/8/2010 $ 23,500,000 110.502 - 5/28/2010 26,041,643 $ 12,983 $ 

4/8/2010 $ 8,900,014 107.5 - 4/30/2010 9,598,523 $ 4,783 $ 

5/11/2010 $ 10,751,382 106.806 - 6/30/2010 11,511,052 $ 5,741 $ 

5/11/2010 $ 12,898,996 109.42 - 6/30/2010 14,151,229 $ 7,057 $ 5/11/2010 $ 8,744,333 110.798 - 6/30/2010 9,717,173 $ 4,844 $ 5/25/2010 $ 8,417,817 110.125 - 7/30/2010 9,294,363 $ 4,635 $ 5/25/2010 $ 17,119,972 109.553 - 7/30/2010 18,801,712 $ 9,377 $ 6/17/2010 $ 34,441,059 110.785 - 8/30/2010 38,273,995 $ 19,077 $ 6/17/2010 $ 28,209,085 112.028 - 8/30/2010 31,693,810 $ 15,801 $ 7/14/2010 $ 6,000,000 106.625 TBA 9/30/2010 6,412,363 $ 3,198 $ 7/14/2010 $ 7,000,000 108.5625 TBA 9/30/2010 7,618,124 $ 3,799 $ 7/14/2010 $ 15,000,000 111.875 TBA 9/30/2010 16,829,583 $ 8,390 $ 7/29/2010 $ 3,000,000 108.4375 TBA 9/30/2010 3,263,577 $ 1,626 $ 7/29/2010 $ 10,000,000 106.75 TBA 10/29/2010 10,695,743 $ 5,337 $ 

8/17/2010 $ 9,000,000 110.125 TBA 9/30/2010 9,941,156 $ 4,955 $ 8/17/2010 $ 5,000,000 110 TBA 10/29/2010 5,516,139 $ 2,750 $ 

8/17/2010 $ 10,000,000 110.75 TBA 10/29/2010 11,107,744 $ 5,537 $ 8/31/2010 $ 9,000,000 110.5 TBA 9/29/2010 9,973,952 $ 4,972 $ 8/31/2010 $ 9,000,000 112.5 TBA 10/29/2010 10,152,363 $ 5,062 $ 8/31/2010 $ 6,000,000 105.875 TBA 11/30/2010 $ 6,364,946 $ 3,176

Total Purchase Face Amount $ 261,700,275 $ 288 331 861 * 

Floating Rate SBA 7a security due 2020 TBA*

TOTAL INVESTMENT Total Senior Security Pro

Floating Rate SBA 7a security due 2020 TBA*Floating Rate SBA 7a security due 2025 TBA*Floating Rate SBA 7a security due 2019 TBA*Floating Rate SBA 7a security due 2020 TBA*Floating Rate SBA 7a security due 2034 TBA*Floating Rate SBA 7a security due 2020 TBA*Floating Rate SBA 7a security due 2034 TBA*Floating Rate SBA 7a security due 2017 TBA*Floating Rate SBA 7a security due 2020 TBA*Floating Rate SBA 7a security due 2025 TBA*Floating Rate SBA 7a security due 2020 -Floating Rate SBA 7a security due 2034 -Floating Rate SBA 7a security due 2029 -Floating Rate SBA 7a security due 2033 -Floating Rate SBA 7a security due 2035 -Floating Rate SBA 7a security due 2033 -Floating Rate SBA 7a security due 2016 -Floating Rate SBA 7a security due 2020 -Floating Rate SBA 7a security due 2022 -Floating Rate SBA 7a security due 2034 -Floating Rate SBA 7a security due 2025 -Floating Rate SBA 7a security due 2022 -

Investment Description

TBA or 

PMF3

SMALL BUSINESS AND COMMUNITY LENDING INITIATIVE

SBA 7a Securities Purchase Program

Purchase Details 1 Settlement Details 

Total Purchase Face Amount $ 261,700,275 $ 288,331,861 * 

5/ Disposition Amount is stated after giving effect, if applicable, to sale of accrued principal and interest.

TOTAL INVESTMENT

AMOUNT 

Total Senior Security Pro

* Subject to adjustment

1/ The amortizing principal and interest payments are reported on the monthly Dividends and Interest Report available at www.FinancialStability.gov.

2/ Investment Amount is stated after giving effect to factor and, if applicable, the purchase of accrued principal and interest.3/ If a purchase is listed as TBA, or To-Be-Announced, the underlying loans in the SBA Pool have yet to come to market, and the TBA pricing mechanism, purchase face amount, investment amount and senior security proceeds wi

the program terms. If a purchase is listed as PMF, or Prior-Month-Factor, the trade was made prior to the applicable month's factor being published and the SBA 7a security and senior security are priced according to the prior-mon

security proceeds will be adjusted after publication of the applicable month's factor (on or about the 11th business day of each month).4/ In order to satisfy the requirements under Section 113 of the Emergency Economic Stabilization Act of 2008, Treasury will acquire a senior indebtedness instrument (a Senior Security) from the seller of each respective SBA 7a S

aggregate principal amount equal to the product of (A) 0.05% and (B) the Investment Amount (excluding accrued interest) paid by Treasury for the respective SBA 7a Security, and (ii) at the option of the respective seller, may be re

or remain outstanding with the terms and conditions as set forth in the Master Purchase Agreement.
U.S. Treasury Department

Office of Financial Stability

Troubled Asset Relief Program

Projected Costs and Liabilities [Section 105(a)(3)(E)]

For Period Ending August 31, 2010

Type of Expense/Liability Amount 

None

Note: Treasury interprets this reporting requirement as 

applicable to costs and liabilities related to insurance contracts 

entered into under the provisions of section 102 of the EESA; 

and the single insurance contract with Citigroup was 

terminated on December 23, 2009.
U.S. Treasury Department

Office of Financial Stability

Troubled Asset Relief Program

Programmatic Operating Expenses [Section 105(a)(3)(F)]

For Period Ending August 31, 2010

Type of Expense Amount

Compensation for financial agents 

and legal firms $291,742,312
U.S. Treasury Department

Office of Financial Stability

Troubled Asset Relief Program

Description of Vehicles Established [Section 105(a)(3)(H)]

For Period Ending August 31, 2010

Date Vehicle Description

None