First Community Bancshares takes $14.8M in TARP money - Tampa Bay Business Journal:

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million from the ’s Troubled Asset Relief Prograkm onMay 15. The Overland Park-based companty is the holding companyfor Lee’s Summit-based . The bank had assetxs of $617.1 million, according to the March 31 call report it filesd withthe . The bank postecd earnings of $630,000 and had a $622,000o provision for loan and lease losses for the It alsohad $14.9 millioh in other real estatre owned. With a 12.3 percent total risk-based capital ratio, the bank is abovd the 10 percent minimum that regulators considerefwell capitalized. The TARP money carriez a 5 percent annualdividend rate, payabl e quarterly, for the firstr five years. If not repaid by the dividend increases to9 percent.
Othe area banks that have accepted TARPmoney , parent of ; Prairi e Star Bancshares, parent of ; , parenrt of & Trust; (OTCBB: BVBC), parent of ; , parent of ; , parenty of ; , parent of ; (NYSE: BAC); USB); (NYSE: MI), parent of ; and EFSC), parent of Enterprise Bank & Trust.