Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Since 1933, no depositor has ever lost a penny of FDIC-insured funds

Bid Summary

Atlantic Southern Bank
Macon, GA
Closing Date: May 20, 2011

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:
CertusBank, National Association, Easley, SC
All deposit whole bank with loss share 0.00% $(145,807) 78% 30% 78% 78% 30% 78% No Yes Yes
Centennial Bank, Conway, AR
All deposit modified whole bank with loss share 0.00% $(52,900) 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% $(169,807) 79% 30% 79% 79% 30% 79% No Yes N/A

Other Bidder Names & Locations:

Certus Bank, National Association, Easley, SC


Back to top

Skip Footer back to content