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First PacTrust Bancorp, Inc. Receives $19.3 Million from U.S. Treasury and Completes Stock Buyback Plan (Business Wire via Yahoo! Finance)
CHULA VISTA, Calif.----First PacTrust Bancorp, Inc. , the holding company for Pacific Trust Bank, today announced that it has received $19.3 million from the U.S. Treasury through the sale of 19,300 shares of the Company’s newly authorized Fixed Rate Cumulative Perpetual Preferred Stock, Series A, as part of the federal government’s TARP Capital Purchase Program.
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