FACTBOX: Where has the U.S. bailout money gone?
(Reuters) - The U.S. Treasury Department said on Tuesday it had completed another round of bank capital injections under its $700 billion financial bailout program.
The department said on October 14 it was setting aside $250 billion from the so-called Troubled Asset Relief Program to buy senior preferred shares and warrants in banks and thrifts.
The Treasury has now completed the following injections of capital under its $250 billion program:
JPMorgan $25 billion
Citigroup $25 billion
Wells Fargo $25 billion
Bank of America $15 billion
Merrill Lynch $10 billion (NOTE)
Goldman Sachs $10 billion
Morgan Stanley $10 billion
Bank of New York Mellon $3 billion
State Street Corp $2 billion
Bank of Commerce $17 million
First Financial Svcs $16 million
UCBH Holdings Inc $299 million
Northern Trust Corp $1.6 billion
SunTrust Banks $3.5 billion
Broadway Financial Corp $9 million
Washington Federal $200 million
BB&T Corp $3.1 billion
Provident Bancshares Corp $151 million
Umpqua Holdings Corp $214 million
Comerica $2.3 billion
Regions Financial $3.5 billion
Capital One Financial $3.6 billion
First Horizon National $866 million
Huntington Bancshares $1.4 billion
KeyCorp $2.5 billion
Valley National Bancorp $300 million
Zions Bancorp $1.4 billion
Marshall & Ilsley Corp $1.7 billion
US Bancorp $6.6 billion
TCF Financial $361 million
First Niagara Financial $184 million
HF Financial Corp $25 million
Centerstate Banks Fla. $28 million
First Community Bancshares,Inc. $42 million
Western Alliance Bancorp. $140 million
Webster Financial $400 million
Pacific Capital Bancorp. $181 million
Heritage Commerce Corp. $40 million
Ameris Bancorp. $52 million
Porter Bancorp $35 million
Banner Corp $124 million
Cascade Financial $39 million
Columbia Banking $77 million
Heritage Financial Corp. $24 million
First PacTrust Bancorp. $19 million
Severn Bancorp, Inc. $23 million
Boston Private $154 million
Associated Banc-Corp $525 million
Trustmark Corp $215 million
First Community Corp. $11 million
Taylor Capital $105 million
Nara Bancorp, Inc. $67 million
TOTAL: $161.5 billion
* Announced by the company, but the Treasury has not said the investment has been completed.
NOTE: Capital injection to Merrill Lynch deferred pending its merger with Bank of America, according to Treasury Department.
American Insurance Group and Citigroup have received special allocations of $40 billion and $20 billion respectively, but those funds did not come from the $250 billion that had been set aside specifically for banks.
(Reporting by Patrick Rucker and Julie Vorman in Washington, Phil Wahba in New York; editing by Gary Crosse)
