Skip Header
U.S. flag

An official website of the United States government

Bid Summary

Coastal Bank, Cocoa Beach, FL
Closing Date: May 6, 2011

Bidder Type of Transaction Deposit Premium % 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:
Premier American Bank, NA, Miami, FL
All deposit whole bank with loss share 0.00% $(5,200) 80% 50% N/A 80% 50% N/A Yes Yes Yes
Cover:
1st United Bank, Boca Raton, FL
All deposit whole bank 0.00% $(45,000) N/A N/A N/A N/A N/A N/A No Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% $ (5,200) 80% 80% N/A 80% 80% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% $ (5,200) 80% 40% N/A 80% 40% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% $ (17,975) 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit whole bank 0.00% $ (28,000) N/A N/A N/A N/A N/A N/A Yes Yes Yes
Other Bid: All deposit whole bank 0.00% $ (28,000) N/A N/A N/A N/A N/A N/A Yes Yes Yes
Other Bid: All deposit whole bank 0.00% $ (28,000) N/A N/A N/A N/A N/A N/A Yes Yes Yes

Other Bidder Names & Locations:

Centennial Bank, Conway, AR
Premier American Bank NA, Miami, FL

Notes:

Back to top