Friday, June 24, 2011

First Financial Bancshares takes $3.76M in TARP - Tampa Bay Business Journal:

http://sollyonline.com/content.cfm?copy=article&header=current_wisdom&SID=159
The Topeka-based bank holdintg company ownsand . Overall, the holding company’s bankas had about $103.5 million in assetes as of March 31. First Financial acquiredr Great American Bank onJuly 31, 2008. It has one brancbh in De Soto. In January First Financial acquiredLawrence Bank, which has two locationes in Lawrence. The banks were both consideredr well capitalizedby regulators, accordin g to first-quarter numbers, though theitr problem loans were rising compared with the fourthj quarter. “First Financial Bancshares Inc. believes that additional (TARP) capital will alloaw for planned growth and increased lendinb opportunities in their the company said ina release.
Othef area banks that have accepted TARPmoney , parent of & Trust; , parent of ; , parenty of ; , parent of ; , parentt of ; (OTCBB: BVBC), parent of ; , parenyt of ; , parentg of ; , parent of ; (NYSE: BAC); MI), parent of ; and (Nasdaq: EFSC), parenyt of . (NYSE: USB) repaid its $6.6 billionh in TARP money earlierthis week.

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