April 13, 2009
Authored by: Bryan Cave Leighton Paisner
On April 7, 2009, the Treasury announced the completion of the twenty-first round of TARP Capital infusions. The Treasury purchased a total of approximately $54.8 million in securities from 10 financial institutions on Friday, April 3, 2009, and has now invested in 543 institutions, totaling approximately $198.8 billion.
Community First Bancshares, Inc, of Harrison, Arkansas, received the largest infusion, $12.7 million. BCB Holding Company, of Theodore, Alabama, received the smallest infusion, $1.7 million.
As noted in another post, five institutions redeemed their securities from the Treasury. In total, these five institutions re-paid $353 million. Thus, the Treasury’s outstanding investment equals approximately $198.5 billion.
Click here to view our updated TARP Map.
Click here to view our updated list of TARP Capital recipients and a description of our methodology in compiling the list.