NEW YORK (Fortune) — Bankers itching to put TARP in the rearview mirror are finding it hard to make a quick getaway.

Seven banks have repaid funds they received under the Troubled Asset Relief Program, Treasury Secretary Tim Geithner said this week. But that doesn’t mean they’re free and clear of the bailout plan — or its supposed stigma.

Instead, some banks find themselves laboring to dispose of what once seemed like a minor detail — the stock purchase warrants they sold the government when taking Treasury funds. Warrants give investors the right to buy a stock at a specified price in the future - within 10 years, in the case of TARP recipients.

Old National Bancorp (ONB) of Evansville, Ind., repaid a $100 million TARP loan in March. But seven weeks after it first filed papers to end its TARP funding, the bank is still waiting for the government to act on a plan to repurchase its warrant.

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