First Place Financial Corp.(fka FPFCQ)

[sprtcrdlui]

Jaxstraw First Place Bank stock is private and not Publicly Traded.
is what you Stated.

Now for First Place Bank to get Bailout Money they went through the
Capital Purchase Program (CCP) also known as the The `Healthy Bank` Program.

Most banks received their money through this program. When the Treasury Department started the Capital Purchase Program in October 2008, Treasury officials insisted that it was not a bailout for the banks, but rather a plan to help 'healthy' institutions lend in tough economic times. Some of the
participants, however, turned out to be not so healthy.

As for the terms, the Treasury purchased

"preferred shares in the banks with a 5 percent annual dividend."

After five years, the rate jumps to 9 percent. Treasury also received warrants to purchase stock in the companies at a set price.

http://projects.propublica.org/bailout/programs/1-capital-purchase-program

I showed the Dates that First Place Bank Made the Payments and I will list them again.


02/15/2011 Dividend $911,588 CPP Dividend - Cumulative
11/15/2010 Dividend $911,588 CPP Dividend - Cumulative
08/16/2010 Dividend $911,588 CPP Dividends payment
05/17/2010 Dividend $911,588 CPP Dividends payment
02/16/2010 Dividend $911,588 CPP Dividends payment
11/16/2009 Dividend $911,588 CPP Dividends payment
08/17/2009 Dividend $911,588 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $627,982 CPP Dividends Paid Through 5/31/2009
03/13/2009 Purchase $72,927,000 CPP Purchase - Preferred Stock w/ Warrants

http://projects.propublica.org/bailout/entities/208-first-place-financial-corp

Now why would the United States Treasury Department stop taking Payments from First Place Bank?

Why would United States Treasury Capital Purchase Program
Give up First Place Bank preferred shares to Mr. Talmer . When First Place Bank still hasn't paid off the Tarp Bail Out Money through the Capital Purchase Program ?