Though 13 banks have bought back preferred shares issued through the Treasury Department's capital initiative, all but one continue to haggle with the government over the price of the program's warrants.

Only two banks have completed the process of exiting the Capital Purchase Program, and the first was the privately held Centra Financial Holdings Inc. of Morgantown, W.Va.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.