Skip Header
U.S. flag

An official website of the United States government

Bid Summary

First Community Bank of Southwest Florida, Fort Myers, FL
Closing Date: August 2, 2013

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:
C1 Bank, Saint Petersburg, FL
All deposit whole bank 0.00% $(24,079) N/A N/A N/A N/A N/A N/A No No - 1 N/A
Cover Bid: Iberiabank, Lafayette, LA All deposit whole bank with loss share 0.00% $(8,987) N/A N/A N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(11,302) N/A N/A N/A 80% 0% N/A No Yes N/A
Other Bid: All deposit whole bank 0.00% $(26,471) N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(29,475) N/A N/A N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank 0.00% $(38,629) N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(39,800) N/A N/A N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank 0.00% $(49,505) N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid: All deposit whole bank 0.00% $(54,900) N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(59,333) N/A N/A N/A 0% 80% N/A No Yes N/A
Other Bid: Insured deposit whole bank with loss share 0.00% $(59,333) N/A N/A N/A 0% 80% N/A No Yes N/A

Conforming Bid Notes:

1- Excludes $2.7 million in loans.

Other Bidder Names & Locations:

American Momentum Bank, Tampa, FL
C1 Bank, Saint Petersburg, FL
Central Bank, Stillwater, MN
First National Bank of the Gulf Coast, Naples, FL
First Resource Bank, Savage, MN
Iberiabank, Lafayette, LA
Stearns Bank National Association, Saint Cloud, MN

Notes:

Back to top