American Eagle Savings Bank
Closing Date: January 20, 2012
|Bidder||Type of Transaction||Deposit Premium/(Discount) %||Asset Premium/(Discount) $(000) / %||SF Loss Share Tranche 1||SF Loss Share Tranche 2||SF Loss Share Tranche 3||Commercial Loss Share Tranche 1||Commercial Loss Share Tranche 2||Commercial Loss Share Tranche 3||Value Appreciation Instrument||Conforming Bid||Linked||Winning bid and bidder:
Capital Bank, National Association, Rockville, MD
|All deposit Whole Bank||0.00%||$(2,500)||N/A||N/A||N/A||N/A||N/A||N/A||No||Yes||N/A|
|Cover Bid: none|
|Other Bid||All deposit Whole Bank||0.00%||$(3,500)||N/A||N/A||N/A||N/A||N/A||N/A||No||Yes||N/A|
- The winning bidder's acquisition of all the deposits was the least costly resolution compared to a liquidation alternative. The liquidation alternative was valued using valuation models to estimate the market value of the assets. Bids for loss share, if any, were valued using a discounted cash flow analysis for the loss share portfolio over the life of the loss share agreement.
- The cover bid is the bid that: a. Is less costly than liquidation and b. Is the least costly bid after excluding all bids submitted by the winning bidder.
- For more information on the bid disclosure policy, see www.fdic.gov/about/freedom/biddocs.html.