This may be one of the last stragglers to appreciate in s/p from the TARP deal. Made a mint on FITB, and I can see the same here, in time. Slowly but surely hanging on and up. Needs a few analyst buy recos and this can see 3's imo.
Original TARP investment amount: $33,000,000.00 (on Jan. 9, 2009) Outstanding investment $0.00 (Footnote 87)
Total cash back: $16,315,362.00 (May include dividends and interest payments not shown below)
Investment status: Sold, in full; warrants not outstanding
Repayment of $14,912,862.00 on April 11, 2013 - realized loss of $18,087,138.00
Data current as of Oct. 16, 2013
Footnotes
(87) On 4/11/2013, Treasury completed the exchange of its First Security Group, Inc. (FSGI) preferred stock for common stock, pursuant to an exchange agreement, dated as of 2/25/2013, between Treasury and FSGI, and sold the resulting FSGI common stock, pursuant to securities purchase agreements, each dated as of 4/9/2013, between Treasury and the purchasers party thereto.