- Huntington Bancshares (Columbus, OH): Repurchased all outstanding CPP preferred shares totaling $1.4 billion and paid accrued dividends totaling $7.2 million (Total Proceeds Today for Taxpayers: $1.4 billion)
- First Horizon National Corporation (Memphis, TN): Repurchased all outstanding CPP preferred shares totaling $866.5 million and paid accrued dividends totaling $4.5 million (Total Proceeds Today for Taxpayers: $871.0 million)
- Wintrust Financial Corporation (Lake Forest, IL): Repurchased all outstanding CPP preferred shares totaling $250.0 million and paid accrued dividends totaling $1.3 million (Total Proceeds Today for Taxpayers: $251.3 million)
- Susquehanna Bancshares, Inc. (Lititz, PA): Repurchased all remaining outstanding CPP preferred shares totaling $100.0 million and paid accrued dividends totaling $513,889 (Total Proceeds Today for Taxpayers: $100.5 million)
- Heritage Financial Corporation (Olympia, WA): Repurchased all outstanding CPP preferred shares totaling $24.0 million and paid accrued dividends totaling $123,333 (Total Proceeds Today for Taxpayers: $24.1 million)
- The Bank of Kentucky Financial Corporation (Crestview Hills, KY): Repurchased CPP preferred shares totaling $17.0 million and paid accrued dividends totaling $87,361 (Total Proceeds Today for Taxpayers: $17.1 million) Note: After this transaction, Treasury holds remaining outstanding Bank of Kentucky Financial Corporation CPP preferred shares totaling $17.0 million.
Treasury has made overall TARP disbursements of $389 billion. With today’s proceeds, TARP repayments ($234 billion) and income from dividends, interest, and the sale of other securities ($35 billion) now total $269 billion.