10 more banks get TARP money

The Treasury Department has completed investments in 10 more banks, distributing $80.7 million in taxpayer capital.

Nine of the banks were new to BailoutSleuth's running tally of more than 500 institutions that have sold stock to the government as part of the $700 billion Troubled Asset Relief Program.

The Treasury Department has invested nearly $198.6 billion of the $250 billion originally set aside for capital injections to banks.

Heritage Oaks Bancorp, of Paso Robles, Calif., completed its previously announced deal for $21 million.

Community First Bancshares Inc., of Union City, Tenn., sold $20 million of its preferred stock to the government, while First NBC Bank Holding Co., of New Orleans, sold $17.8 million worth. Both of those banks are privately held.

Seven other privately held financial institutions got TARP money in the latest round of deals.

Premier Bank Holding Co., of Tallahassee, Fla., received $9.5 million, while First Colebrook Bancorp Inc., of Colebrook, N.H., got $4.5 million. Peoples Bancshares of TN Inc., based in Madisonville, Tenn., got $3.9 million

The other banks getting taxpayer capital were:

Citizens Bank & Trust Co. (Covington, La.) -- $2.4 million

Farmers State Bankshares Inc. (Holton, Kan.) -- $700,000   

Kirksville Bancorp Inc. (Kirksville, Mo.) -- $470,000

Farmers & Merchants Financial Corp. (Argonia, Kan.) -- $442,000