Encore Bancshares, Inc. (Nasdaq:EBTX) announced that it has fully redeemed the $34.0 million in preferred stock that Encore issued to the U.S. Treasury under the Troubled Asset Relief Program ("TARP") Capital Purchase Program on December 5, 2008. Encore exited TARP and paid accrued dividends using a combination of $1.3 million in cash and proceeds from the U.S. Department of Treasury's $32.9 million investment in Encore's preferred stock under the Small Business Lending Fund (the "SBLF").

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