Corus Bankshares, Inc. Summary of Subordinated Debentures as of December 31, 2005

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Summary

This document summarizes the key terms of subordinated debentures issued by Corus Bankshares, Inc. through various trusts between 2003 and 2005. It lists the principal amounts outstanding, interest rate spreads over 3-month LIBOR, call dates, and maturity dates for each series. The debentures have staggered call and maturity dates, with interest rates that adjust quarterly. The total outstanding principal across all series is $358,254,000 as of December 31, 2005.

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EX-4.4 5 cb4993ex44.txt EXHIBIT 4.4 Exhibit 4.4 CORUS BANKSHARES, INC. SUMMARY OF SUBORDINATED DEBENTURES AS OF 12/31/2005
SPREAD TO ISSUE PRINCIPAL 3-MONTH CALL YEARS MATURITY DATE OUTSTANDING LIBOR * DATE UNTIL CALL DATE ---------- ------------- ---------- ---------- ---------- ---------- Trust I 6/26/2003 $ 28,351,000 3.05% 6/26/2008 2.5 6/26/2033 Trust II 6/24/2003 $ 20,619,000 3.10% 6/24/2008 2.5 6/30/2033 Trust III 9/17/2003 $ 46,392,000 2.95% 9/17/2008 2.7 9/17/2033 Trust IV 11/24/2003 $ 30,928,000 2.85% 11/24/2008 2.9 12/15/2033 Trust V 12/17/2003 $ 51,547,000 2.85% 12/17/2008 3.0 12/17/2033 Trust VI 5/18/2004 $ 25,774,000 2.60% 5/18/2009 3.4 7/23/2034 Trust VII 9/20/2004 $ 51,547,000 2.22% 9/20/2009 3.7 9/20/2034 Trust VIII 3/15/2005 $ 25,774,000 1.74% 3/15/2010 4.2 3/15/2035 Trust IX 6/23/2005 $ 25,774,000 1.56% 6/23/2010 4.5 6/23/2035 Trust X 9/15/2005 $ 25,774,000 1.38% 9/15/2010 4.7 9/15/2035 Trust XI 12/19/2005 $ 25,774,000 1.33% 12/19/2010 5.0 3/15/2036 ------------- Totals $ 358,254,000 =============
* 3-month LIBOR reprices quarterly