Thursday, January 22, 2009

Carolina Banks and TRAP Funding

Here is the latest listing of TARP fund recepiants:

Bank of America
Charlotte $45 billion

BB&T
Winston-Salem $3 billion

South Financial Group
Greenville, S.C. $347 million

First Financial Holdings
Charleston $65 million

First Bancorp
Troy $65 million

SCBT Financial
Columbia $65 million

NewBridge Bank
Greensboro $52 million

Southern Community Financial
Winston-Salem $43 million

Capital Bank
Raleigh $41 million

Yadkin Valley Financial Corp
Elkin $36 million

Bank of North Carolina
Thomasville $31 million

Peoples Bancorp of NC
Newton $25 million

Crescent Financial
Cary $25 million

Citizens South
Gastonia $20.5 million

Security Federal Bank
Aiken, S.C. $18 million

ECB Bancorp/East Carolina Bank
Engelhard $18 million

Mountain 1st Bank & Trust
Hendersonville $16 million

Carolina Bank Holdings
Greensboro $16 million

Tidelands Bank
Mount Pleasant $14 million

First Community Corp.
Lexington, S.C. $11 million

Uwharrie Capital
Albemarle $10 million

GrandSouth Bank
Greenville, S.C. $9 million

The Little Bank
Kinston $7.5 million

Bank of Commerce
Charlotte $3 million

Congaree State Bank
Cayce, S.C. $3 million

Sound Bank
Morehead City $3 million

Surrey Bank & Trust
Mount Airy $2 million

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