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Bid Summary

IndyMac Federal Bank FSB
 March 19, 2009



On March 19, 2009 the Federal Deposit Insurance Corporation (FDIC) completed the sale of IndyMac Federal Bank FSB, Pasadena, California, to OneWest Bank, FSB, Pasadena, California, a newly formed federal savings bank organized by IMB HoldCo LLC. For further information, see the Failed Bank Information for IndyMac Bank, F.S.B., and IndyMac Federal Bank, F.S.B.

On October 6, 2008 twenty-three Indicative Bids were received. On December 15, 2008 six final round Bids were received. The schedules below summarize the bidding results.


INDYMAC
INDICATIVE BID ROUND - OCTOBER 6, 2008

Bid Bid Amount
(in millions)
Deposit Franchise - Group 1 Loan Svcg - Group 2 Fin'l Freedom - Group 3 Securities - Group 4 Mtg Loans - Group 5 Consumer Constr Loans - Group 6 Home Bldr Lns - Group 7 Lot Loans - Group 8
Linked Bid A $20,240 X X

 

X

 

X

 

X

 

X  X  X
Linked Bid B $17,400 X  X  X  X  X  X  X  X 
Linked Bid C $16,770 X

X

X

X

X

X

X

X

Linked Bid D $12,303 X

X

X

X

X

X

X

X

Linked Bid E $12,107 X

X

X

X

X

X

X

X

Linked Bid F $13,822 X

X

  X

X

     
Linked Bid G $15,110 X

X

  X

X

     
Linked Bid H $16,710 X

X

  X

X

     
Linked Bid I $7,634 X

X

    X

     
Linked Bid J $1,016  

        X

X

 
Unlinked Bid 1 $133 X

             
Unlinked Bid 2 $41 X

             
Unlinked Bid 3 $0 X

             
Unlinked Bid 4 $1,205  

X

           
Unlinked Bid 5 $125   X

           
Unlinked Bid 6 $660     X

         
Unlinked Bid 7 $3,800       X

       
Unlinked Bid 8 $3,420       X

       
Unlinked Bid 9 $3,296       X

       
Unlinked Bid 10 $3,296       X

       
Unlinked Bid 11 $2,988       X

       
Unlinked Bid 12 $3,240       X

       
Unlinked Bid 13 $3,452       X

       
Unlinked Bid 14 $8,136         X

     
Unlinked Bid 15 $7,319         X

     
Unlinked Bid 16 $6,497         X

     
Unlinked Bid 17 $5,904         X

     
Unlinked Bid 18 $5,555         X

     
Unlinked Bid 19 $5,878         X

     
Unlinked Bid 20 $4,000         X

     
Unlinked Bid 21 $110         X

     
Unlinked Bid 22 $152             X

 
Unlinked Bid 23 $130             X

 

Indicative Bidders List

ACS
Apollo/Vantium Capital
Blackrock (by themselves)
Blackrock/PennyMac
Capmark
Cerberus
DE Shaw
Dune/Paulson/Merrill PE
Golden 1 Credit Union
Goldman Sachs/Fortress/Bayview/CapitalSource/Court Square/Landcap
Greenwich Capital Financial Products
Guaranty Bank
JC Flowers
KBC Financial
LNV Corp (Beal Bank/CSG Inv)
Lone Star
Paulson & Co.
QVT Mount Auburn Capital
Residential Credit Solutions
Rockpoint
Roosevelt (TPG-Axon)
Vectura
WL Ross (American Home Mortgage)

INDYMAC
FINAL BID ROUND - DECEMBER 15, 2008

Bid Bid Amount (in millions) Deposit Franchise - Group 1 Loan Svcg - Group 2 Fin'l Freedom - Group 3 Securities - Group 4 Mtg Loans - Group 5 Consumer Constr Loans - Group 6 Home Bldr Lns - Group 7 Lot Loans - Group 8
Linked Bid A $13,652 X X

 

X

 

X

 

X

 

X  X  X
Linked Bid B $12,793   X  X  X  X  X  X  X 
Linked Bid C $8,191  

 

 

X

X

X

X

X

Linked Bid D $250  

 

 

 

 

X

X

X

Unlinked Bid 1 $(95) X

 

 

 

 

 

 

 

Unlinked Bid 2 $80  

 

 

 

X

     

Final Round Bidders List

Winning Bid - Dune/Paulson Consortium (IMB HoldCo LLC) - Linked Bid A
Beal Bank
Goldman Sachs Consortium - Linked Bid B
Roosevelt Management
US Bancorp - Unlinked Bid 1
Vectura


Cover Bid

A combination of Linked Bid B and Unlinked Bid 1




Last Updated 05/11/2010 cservicefdicdal@fdic.gov