Loan Sale Announcement
$55.5 Million Sealed Bid Sale of The First National Bank of Lindsay
FNBL-25 Loan Sale Announcement
Key Dates | |
|---|---|
| Bidder Due Diligence Begins | 08/13/2025 |
| Calculation Date | 09/05/2025 |
| Bid Deadline | 09/16/2025 |
| Final Funding/Closing: | 10/02/2025 |
| Servicing Transfer: | 11/03/2025 |
The Federal Deposit Insurance Corporation (FDIC), in its capacity as Receiver for The First National Bank of Lindsay, Lindsay, OK (FNBL), is conducting a competitive sealed-bid sale comprised of 817 loans having an unpaid principal balance (UPB) of approximately $55.5 million. The loans are primarily a mixture of commercial real estate, commercial & industrial, agricultural, residential, and consumer loans. The sale is comprised of seven (7) all-cash pools which have been primarily structured by performance and loan type. The collateral for the loans is approximately 98% located in the state of Oklahoma. The size and composition of the pools are subject to change.
Bid Package and Qualification Process:
This information will be made available and further described in detail on the RealINSIGHT website:
RealINSIGHT
Prospective Bidder Inquiries and Contacts
All inquiries or contacts regarding the proposed sale are to be directed to the Loan Sale Advisor (Newmark). For more information, please contact:
General inquiries may be directed to: john.howley@nmrk.com or john.daniels@nmrk.com