Yesterday Treasury released its most recent transactions report for the period ended August 26, 2010. The report reflects the exchange of a total of $320,235,000 of preferred stock from Mission Valley Bancorp , M&F Bancorp, Inc. and Sterling Financial Corp. from the Capital Purchase Program (CPP) into the Community Development Capital Initiative (CDCI). Sterling has fulfilled the conversion conditions laid out in the Certificate of Designations for its mandatorily convertible preferred stock, resulting in Treasury's $303 million of preferred stock being converted to 378,750,000 shares of common stock.

There is now $124,191,000 invested in the CDCI and $55,083,238,785 (net of repayments) invested in the CPP.