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Failed Bailout Investments

Below is a list of all companies that failed to repay their bailout money. These transactions are final and will never result in a profit for taxpayers.

Investments that might still turn a profit are not listed here. Also not listed here are recipients of aid through TARP’s housing programs (like mortgage servicers and state housing orgs), since they received subsidies that were never intended to be repaid.

See our complete list of recipients »

Bailout Funds Outgoing Bailout Funds, Incoming
Name Type State Profit /
Net Outstanding
Disbursed Returned Dividends +
Interest
Warrants Other Proceeds
1st Financial Services Corp Bank (Public) NC -$7,139,052 $16,369,000 $8,000,000 $1,229,948 $0 $0
AB&T Financial Corp Bank (Public) NC -$2,173,585 $3,500,000 $965,721 $360,694 $0 $0
Anchor BanCorp Wisconsin Bank (Public) WI -$104,000,000 $110,000,000 $6,000,000 $0 $0 $0
Bank of George Bank (Private) NV -$1,388,060 $2,672,000 $955,240 $279,991 $48,709 $0
Blue Ridge Bancshares Bank (Private) MO -$564,957 $12,000,000 $8,969,400 $1,923,850 $541,793 $0
Blue River Bancshares Bank (Private) IN -$4,470,895 $5,000,000 $0 $529,105 $0 $0
Blue Valley Ban Corp Bank (Public) KS -$275,525 $21,750,000 $21,263,017 $211,458 $0 $0
Bridgeview Bancorp Bank (Private) IL -$24,440,526 $38,000,000 $10,450,000 $2,393,155 $716,319 $0
Cadence Financial Corp Bank (Public) MS -$2,015,937 $44,000,000 $38,000,000 $3,984,063 $0 $0
Carolina Trust Bank Bank (Public) NC -$5,548 $4,000,000 $3,362,000 $613,320 $19,132 $0
Cascade Financial Corp Bank (Public) WA -$21,291,100 $38,970,000 $16,250,000 $1,428,900 $0 $0
Central Federal Corp Bank (Public) OH -$3,612,882 $7,225,000 $3,000,000 $612,118 $0 $0
Central Pacific Financial Corp Bank (Public) HI -$59,963,109 $135,000,000 $71,922,503 $2,362,500 $751,888 $0
Central Virginia Bankshares Bank (Public) VA -$7,584,344 $11,385,000 $3,350,000 $450,656 $0 $0
Centrue Financial Bank (Public) MO -$21,357,222 $32,668,000 $10,739,088 $571,690 $0 $0
Chrysler Auto Company MI -$1,315,061,737 $10,748,284,222 $7,256,590,642 $1,171,263,942 $0 $1,005,367,901
CIT Group Bank (Public) NY -$2,286,312,500 $2,330,000,000 $0 $43,687,500 $0 $0
Citizens Bancorp Bank (Private) CA -$10,176,429 $10,400,000 $0 $223,571 $0 $0
Colony Bankcorp Bank (Public) GA -$1,519,911 $28,000,000 $21,680,089 $3,990,000 $810,000 $0
Community First Inc Bank (Private) TN -$10,082,487 $17,806,000 $5,350,703 $1,908,453 $464,357 $0
Community West Bancshares Bank (Public) CA -$1,258,860 $15,600,000 $11,181,456 $2,461,333 $698,351 $0
Dickinson Financial Corp II Bank (Private) MO -$58,593,142 $146,053,000 $79,903,245 $2,631,196 $4,925,417 $0
Farmers Capital Bank Corp Bank (Public) KY -$3,164,171 $30,000,000 $21,594,229 $5,166,600 $75,000 $0
First BanCorp Bank (Public) PR -$301,660,461 $424,174,000 $89,514,153 $32,999,386 $0 $0
First Banks, Inc. Bank (Private) MO -$175,186,740 $295,400,000 $105,742,353 $6,037,237 $8,433,670 $0
First Community Bank Corp of America Bank (Public) FL -$2,185,751 $10,685,000 $7,754,267 $744,982 $0 $0
First Federal Bancshares of Arkansas Bank (Public) AR -$9,929,375 $16,500,000 $6,000,000 $570,625 $0 $0
First Financial Service Corp Bank (Public) KY -$7,666,222 $20,000,000 $10,733,778 $1,600,000 $0 $0
First Intercontinental Bank Bank (Private) GA -$2,229,115 $6,398,000 $3,247,112 $757,453 $164,320 $0
First Place Financial Corp Bank (Public) OH -$65,917,905 $72,927,000 $0 $7,009,095 $0 $0
First Reliance Bancshares Bank (Private) SC -$2,354,941 $15,349,000 $10,327,021 $2,042,406 $624,632 $0
First Security Group Bank (Public) TN -$16,684,638 $33,000,000 $14,912,862 $1,402,500 $0 $0
First Sound Bank Bank (Public) WA -$3,369,056 $7,400,000 $3,700,000 $330,944 $0 $0
First Southwest Bancorporation Bank (Private) CO -$140,227 $5,500,000 $4,900,609 $207,327 $251,837 $0
FNB United Corp Bank (Public) NC -$38,760,766 $51,500,000 $10,149,929 $2,589,305 $0 $0
FPB Bancorp Bank (Public) FL -$5,526,112 $5,800,000 $0 $273,888 $0 $0
General Motors Auto Company MI -$11,410,472,582 $50,744,648,329 $38,640,015,146 $694,160,600 $0 $0
Gregg Bancshares Bank (Private) MO -$779,810 $825,000 $0 $45,190 $0 $0
Hampton Roads Bankshares Bank (Public) VA -$74,556,392 $80,347,000 $3,279,764 $2,510,844 $0 $0
Hyperion Bank Bank (Private) PA -$214,834 $1,552,000 $983,800 $327,666 $25,700 $0
Idaho Bancorp Bank (Private) ID -$6,775,695 $6,900,000 $0 $124,305 $0 $0
Integra Bank Corporation Bank (Public) IN -$81,635,660 $83,586,000 $0 $1,950,340 $0 $0
Legacy Bancorp Bank (Community Development) WI -$5,142,921 $5,498,000 $0 $355,079 $0 $0
Marine Bank & Trust Company Bank (Private) FL -$653,787 $3,000,000 $2,010,000 $235,713 $100,500 $0
Marquette National Corp Bank (Private) IL -$1,664,053 $35,500,000 $25,313,186 $7,072,590 $1,450,171 $0
Maryland Financial Bank Bank (Private) MD -$832,754 $1,700,000 $527,000 $313,471 $26,775 $0
Midtown Bank & Trust Company Bank (Private) GA -$1,651,863 $5,222,000 $3,133,200 $275,104 $161,833 $0
Midwest Banc Holdings Bank (Public) IL -$88,563,712 $89,388,000 $0 $824,288 $0 $0
Monarch Community Bancorp Bank (Public) MI -$1,976,879 $6,785,000 $4,545,202 $262,919 $0 $0
Naples Bancorp Bank (Private) FL -$3,043,934 $4,000,000 $600,000 $356,066 $0 $0
National Bancshares Bank (Private) IA -$3,192,912 $24,664,000 $18,318,148 $2,307,492 $845,448 $0
Northern States Financial Corp Bank (Public) IL -$10,768,828 $17,211,000 $6,023,850 $418,322 $0 $0
Old Second Bancorp Bank (Public) IL -$41,576,763 $73,000,000 $25,547,319 $5,769,027 $106,891 $0
Pacific Capital Bancorp Bank (Public) CA -$26,561,211 $195,045,000 $165,983,272 $2,107,396 $393,121 $0
Pacific Coast National Bancorp Bank (Public) CA -$4,101,913 $4,120,000 $0 $18,087 $0 $0
Pacific Commerce Bank Bank (Public) CA -$1,018,330 $4,060,000 $2,519,960 $387,223 $134,487 $0
Park Bancorporation Bank (Private) WI -$1,179,936 $23,200,000 $16,772,382 $4,351,643 $896,039 $0
Peoples Bancshares of TN Bank (Private) TN -$135,012 $3,900,000 $2,919,500 $723,263 $122,225 $0
Pierce County Bancorp Bank (Private) WA -$6,592,053 $6,800,000 $0 $207,947 $0 $0
Premier Bank Holding Company Bank (Private) FL -$9,032,588 $9,500,000 $0 $467,412 $0 $0
Princeton National Bancorp Bank (Public) IL -$22,811,595 $25,083,000 $0 $2,271,405 $0 $0
Provident Community Bancshares Bank (Public) SC -$3,626,609 $9,266,000 $5,096,300 $543,091 $0 $0
Ridgestone Financial Services Bank (Private) WI -$1,269,893 $10,900,000 $8,876,677 $277,223 $476,207 $0
Rogers Bancshares Bank (Private) AR -$24,261,979 $25,000,000 $0 $738,021 $0 $0
Santa Clara Valley Bank Bank (Private) CA -$178,674 $2,900,000 $2,440,379 $158,928 $122,019 $0
Santa Lucia Bancorp Bank (Public) CA -$868,889 $4,000,000 $2,800,000 $331,111 $0 $0
Seacoast Banking Corp Bank (Public) FL -$954,530 $50,000,000 $40,404,700 $8,585,770 $55,000 $0
Security Bancshares of Pulaski County Bank (Private) MO -$134,090 $2,152,000 $1,475,592 $449,073 $93,245 $0
Sonoma Valley Bancorp Bank (Private) CA -$8,305,836 $8,653,000 $0 $347,164 $0 $0
South Financial Group Bank (Public) SC -$200,034,670 $347,000,000 $130,179,219 $16,386,111 $400,000 $0
Spirit BankCorp Bank (Private) OK -$18,099,925 $30,000,000 $9,000,000 $2,261,750 $638,325 $0
Sterling Financial Corp Bank (Public) WA -$181,242,791 $303,000,000 $113,338,081 $6,733,333 $825,000 $860,795
Stonebridge Financial Corp Bank (Private) PA -$8,320,183 $10,973,000 $1,879,145 $634,609 $139,063 $0
Superior Bancorp Bank (Public) AL -$64,016,667 $69,000,000 $0 $4,983,333 $0 $0
Syringa Bancorp Bank (Private) ID -$7,746,878 $8,000,000 $0 $253,122 $0 $0
TCB Holding Company Bank (Private) TX -$11,039,168 $11,730,000 $0 $690,832 $0 $0
Tennessee Commerce Bancorp Bank (Public) TN -$26,766,667 $30,000,000 $0 $3,233,333 $0 $0
The Bank of Currituck Bank (Private) NC -$2,108,316 $4,021,000 $1,742,850 $169,834 $0 $0
The Baraboo Bancorporation Bank (Private) WI -$2,725,169 $20,749,000 $13,399,227 $3,766,126 $858,478 $0
TIB Financial Corp Bank (Public) FL -$23,555,641 $37,000,000 $12,119,637 $1,284,722 $40,000 $0
Treaty Oak Bancorp Bank (Private) TX -$2,575,585 $3,268,000 $500,000 $192,415 $0 $0
Trinity Capital Corporation Bank (Private) NM -$894,525 $35,539,000 $26,396,503 $6,592,185 $1,655,787 $0
UCBH Holdings Bank (Public) CA -$291,227,080 $298,737,000 $0 $7,509,920 $0 $0
United American Bank Bank (Private) CA -$5,217,343 $8,700,000 $3,319,050 $0 $163,607 $0
United Bancorp Bank (Public) MI -$284,075 $20,600,000 $16,750,221 $3,527,704 $38,000 $0
Valley Community Bank Bank (Public) CA -$2,502,909 $5,500,000 $2,296,800 $629,476 $70,815 $0
Millenium Bancorp Bank (Private) CO -$2,963,577 $7,260,000 $2,904,000 $1,392,423 $0 $0
TriSummit Bank Bank (Private) TN -$505,582 $7,002,000 $5,198,986 $1,172,766 $124,666 $0
Bank of the Carolinas Corporation Bank (Public) NC -$8,844,573 $13,179,000 $3,294,750 $1,039,677 $0 $0
Tifton Banking Company Bank (Private) GA -$3,576,792 $3,800,000 $0 $223,208 $0 $0
Indiana Bank Corp Bank (Private) IN -$1,146,861 $1,312,000 $0 $165,139 $0 $0
Village Bank and Trust Financial Corp Bank (Public) VA -$7,747,407 $14,738,000 $5,672,361 $1,318,232 $0 $0
Georgia Primary Bank Bank (Private) GA -$2,873,543 $4,500,000 $1,556,145 $0 $70,312 $0
One Georgia Bank Bank (Private) GA -$5,500,000 $5,500,000 $0 $0 $0 $0
Investors Financial Corporation of Pettis County Bank (Private) MO -$3,825,676 $4,000,000 $0 $174,324 $0 $0
Community Financial Shares, Inc. Bank (Private) IL -$2,729,256 $6,970,000 $3,136,500 $947,194 $157,050 $0
Fort Lee Federal Savings Bank Bank (Private) NJ -$1,212,816 $1,300,000 $0 $87,184 $0 $0
Franklin Bancorp, Inc. Bank (Private) MO -$677,129 $5,097,000 $3,253,899 $965,344 $200,628 $0
CB Holding Corp. Bank (Private) IL -$3,842,421 $4,114,000 $0 $271,579 $0 $0
Citizens Bancshares Co. Bank (Private) MO -$11,037,619 $24,990,000 $12,679,301 $628,033 $645,047 $0
First Trust Corporation Bank (Private) LA -$2,664,820 $17,969,000 $13,612,558 $1,046,896 $644,726 $0
Virginia Company Bank Bank (Private) VA -$955,554 $4,700,000 $2,868,974 $786,990 $88,481 $0
FC Holdings Bank (Private) TX -$1,205,370 $21,042,000 $18,685,927 $156,090 $994,613 $0
First Alliance Bancshares Bank (Private) TN -$418,323 $3,422,000 $2,370,742 $538,233 $94,702 $0
Gold Canyon Bank Bank (Private) AZ -$1,553,141 $1,607,000 $0 $53,859 $0 $0
Metropolitan Bank Group Bank (Private) IL -$47,533,274 $74,706,000 $23,718,542 $3,454,184 $0 $0
NC Bancorp Bank (Private) IL -$4,572,286 $7,186,000 $2,281,458 $332,256 $0 $0
Alliance Financial Services Bank (Private) MN -$2,193,864 $12,000,000 $8,912,495 $388,741 $504,900 $0
Florida Bank Group, Inc. Bank (Private) FL -$11,290,207 $20,471,000 $8,000,000 $1,180,793 $0 $0
First Independence Corporation Bank (Community Development) MI -$402,739 $3,223,000 $2,286,675 $533,586 $0 $0
CoastalSouth Bancshares, Inc. Bank (Private) SC -$1,757,512 $16,015,000 $12,606,191 $1,235,449 $415,848 $0
GulfSouth Private Bank Bank (Private) FL -$6,818,689 $7,500,000 $0 $681,311 $0 $0
Delmar Bancorp Bank (Private) MD -$2,401,669 $9,000,000 $5,453,900 $832,487 $311,944 $0
Layton Park Financial Group Bank (Private) WI -$67,838 $3,000,000 $2,345,930 $481,857 $104,375 $0
First Community Financial Partners, Inc. Bank (Private) IL -$3,747,521 $22,000,000 $14,211,450 $3,320,655 $720,374 $0
FBHC Holding Company Bank (Private) CO -$2,230,408 $3,035,000 $650,000 $154,592 $0 $0