Chicago banker Stephen Calk, left, leaves federal court in New York, June 24, 2021. (AP Photo / Richard Drew, File)
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Stephen Calk was sentenced on Monday to a year in prison for his conviction in a scheme to make $16 million in loans to Paul Manafort to gain influence in the Trump administration.

In this June 28, 2012 photo, Stephen M. Calk, Chairman and Chief Financial Official of The Federal Savings Bank speaks as Chicago Mayor Rahm Emanuel listens during an announcement about job growth and economic development and a corporate headquarters relocation by the Federal Savings Bank to Chicago.  (Al Podgorski / Chicago Sun-Times via AP)
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Stephen M. Calk was arrested Thursday in New York City on a financial institution bribery charge. He is scheduled to appear in Manhattan federal court in the afternoon.