List of Financial Institutions Receiving Capital Injection by US Government as of 12/05/2008

December 11, 2008 | Sovestor
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Here is complete list of financial institutions that have received capital injection from US Government as of 12/05/2008:

Date of Capital Injection by US Government Financial Institution/Recipient as 
(as of 12/05/2008)		 City State Amount in USD
(Largest to Smallest) 
  TOTAL          161,471,163,000
10/28/2008 Citigroup Inc. New York N.Y.        25,000,000,000
10/28/2008 JPMorgan Chase & Co. New York N.Y.        25,000,000,000
10/28/2008 Wells Fargo & Co. San Francisco CA        25,000,000,000
10/28/2008 Bank of America Corp. Charlotte N.C.        15,000,000,000
10/28/2008 Goldman Sachs Group Inc. New York N.Y.        10,000,000,000
10/28/2008 Morgan Stanley New York N.Y.        10,000,000,000
10/28/2008 Merrill Lynch & Co. Inc. New York N.Y.        10,000,000,000
11/17/2008 U.S. Bancorp Minneapolis Minn.           6,599,000,000
11/17/2008 Capital One Financial Corp. McLean Va.           3,555,199,000
11/17/2008 SunTrust Banks Inc. Atlanta Ga.           3,500,000,000
11/17/2008 Regions Financial Corp. Birmingham Ala.           3,500,000,000
11/17/2008 BB&T Corp. Winston-Salem N.C.           3,133,640,000
10/28/2008 Bank of New York Mellon Corp. New York N.Y.           3,000,000,000
11/17/2008 KeyCorp Cleveland Ohio           2,500,000,000
11/17/2008 Comerica Inc. Dallas TX           2,250,000,000
10/28/2008 State Street Corp. Boston Mass.           2,000,000,000
11/17/2008 Marshall & Ilsley Corp. Milwaukee Wis.           1,715,000,000
11/17/2008 Northern Trust Corp. Chicago Ill.           1,576,000,000
11/17/2008 Zions Bancorporation Salt Lake City Utah           1,400,000,000
11/17/2008 Huntington Bancshares Columbus Ohio           1,398,071,000
12/5/2008 Popular, Inc. San Juan P.R.              935,000,000
11/17/2008 First Horizon National Corp. Memphis Tenn.              866,540,000
11/21/2008 Associated Banc-Corp Green Bay Wis.              525,000,000
11/21/2008 Webster Financial Corporation Waterbury Conn.              400,000,000
11/21/2008 City National Corporation Beverly Hills CA              400,000,000
11/17/2008 TCF Financial Corp. Wayzata Minn.              361,172,000
12/5/2008 South Financial Group, Inc. Greenville S.C.              347,000,000
12/5/2008 East West Bancorp Pasadena CA              306,546,000
12/5/2008 Sterling Financial Corporation Spokane Wash.              303,000,000
11/17/2008 Valley National Bancorp Wayne N.J.              300,000,000
11/17/2008 UCBH Holdings Inc. San Francisco CA              298,737,000
12/5/2008 Cathay General Bancorp Los Angeles CA              258,000,000
11/21/2008 Trustmark Corporation Jackson Miss.              215,000,000
11/17/2008 Umpqua Holdings Corp. Portland Ore.              214,181,000
11/17/2008 Washington Federal Inc. Seattle Wash.              200,000,000
12/5/2008 MB Financial Inc. Chicago Ill.              196,000,000
12/5/2008 First Midwest Bancorp, Inc. Itasca Ill.              193,000,000
11/21/2008 First Niagara Financial Group Lockport N.Y.              184,011,000
11/21/2008 Pacific Capital Bancorp Santa Barbara CA              180,634,000
12/5/2008 United Community Banks, Inc. Blairsville Ga.              180,000,000
11/21/2008 Boston Private Financial Holdings, Inc. Boston Mass.              154,000,000
11/17/2008 Provident Bancshares Corp. Baltimore Md.              151,500,000
11/21/2008 Western Alliance Bancorporation Las Vegas Nev.              140,000,000
12/5/2008 CVB Financial Corp Ontario CA              130,000,000
11/21/2008 Banner Corporation Walla Walla Wash.              124,000,000
11/21/2008 Taylor Capital Group Rosemont Ill.              104,823,000
12/5/2008 Iberiabank Corporation Lafayette La.                90,000,000
12/5/2008 Sandy Spring Bancorp, Inc. Olney Md.                83,094,000
11/21/2008 Columbia Banking System, Inc. Tacoma Wash.                76,898,000
12/5/2008 Wesbanco Bank Inc. Wheeling W.Va.                75,000,000
12/5/2008 Southwest Bancorp, Inc. Stillwater OK                70,000,000
12/5/2008 Superior Bancorp Inc. Birmingham AL                69,000,000
11/21/2008 Nara Bancorp, Inc. Los Angeles CA                67,000,000
12/5/2008 First Financial Holdings Inc. Charleston S.C.                65,000,000
12/5/2008 Great Southern Bancorp Springfield Mo.                58,000,000
11/21/2008 Ameris Bancorp Moultrie Ga.                52,000,000
12/5/2008 Southern Community Financial Corp. Winston-Salem N.C.                42,750,000
11/21/2008 First Community Bankshares Inc. Bluefield Va.                41,500,000
11/21/2008 Heritage Commerce Corp. San Jose CA                40,000,000
11/21/2008 Cascade Financial Corporation Everett Wash.                38,970,000
12/5/2008 Eagle Bancorp, Inc. Bethesda Md.                38,235,000
12/5/2008 TIB Financial Corp Naples Fla.                37,000,000
12/5/2008 First Defiance Financial Corp. Defiance Ohio                37,000,000
12/5/2008 State Bancorp, Inc. Jericho N.Y.                36,842,000
11/21/2008 Porter Bancorp Inc. Louisville Ky.                35,000,000
12/5/2008 Encore Bancshares Inc. Houston TX                34,000,000
12/5/2008 Bank of North Carolina Thomasville N.C.                31,260,000
12/5/2008 Bank of Marin Bancorp Novato CA                28,000,000
11/21/2008 Centerstate Banks of Florida Inc. Davenport Fla.                27,875,000
11/21/2008 HF Financial Corp. Sioux Falls S.D.                25,000,000
11/21/2008 Heritage Financial Corporation Olympia Wash.                24,000,000
11/21/2008 Severn Bancorp, Inc. Annapolis Md.                23,393,000
12/5/2008 Blue Valley Ban Corp Overland Park Kan.                21,750,000
12/5/2008 Unity Bancorp, Inc. Clinton N.J.                20,649,000
11/21/2008 First PacTrust Bancorp, Inc. Chula Vista CA                19,300,000
11/17/2008 Bank of Commerce Holdings Redding CA                17,000,000
11/17/2008 1st FS Corp. Hendersonville N.C.                16,369,000
12/5/2008 Oak Valley Bancorp Oakdale CA                13,500,000
11/21/2008 First Community Corporation Lexington S.C.                11,350,000
12/5/2008 Central Bancorp, Inc. Somerville Mass.                10,000,000
12/5/2008 Coastal Banking Company, Inc. Fernandina Beach Fla.                   9,950,000
12/5/2008 Southern Missouri Bancorp, Inc. Poplar Bluff Mo.                   9,550,000
11/17/2008 Broadway Financial Corp. Los Angeles CA                   9,000,000
12/5/2008 Central Federal Corporation Fairlawn Ohio                   7,225,000
12/5/2008 Old Line Bancshares, Inc. Bowie Md.                   7,000,000
12/5/2008 FPB Bancorp, Inc. Port St. Lucie Fla.                   5,800,000
12/5/2008 Manhattan Bancorp El Segundo CA                   1,700,000

Source: CNN, US Treasury.

Looking at this list, majority of them are banks. However, the financial crisis in fact has not only hit banks hard but also now is crushing other type of financial institutions such as insurance , reinsurance, brokerage, investment funds, broker dealers, investment trust, as well as non-financial institutions such as autos, manufacturing, furniture, shoes, commodity producers, electronics, etc....and hence, the bailout funds most likely will not be enough. Further bailouts are needed. It appears likely that more pain is ahead on US economy. US economy is entering deleveraging era of 'further pain and no gain' for considerable period of time.


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