Skip Header
U.S. flag

An official website of the United States government

Bid Summary

First East Side Savings Bank, Tamarac, FL
Closing Date: October 19, 2012

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:
Stearns Bank National Association, St. Cloud, MN
All deposit whole bank 0.00% $ (8,600) N/A N/A N/A N/A N/A N/A No Yes N/A
Cover:
Banesco USA Coral Gables, FL
All deposit whole bank 0.00% $ (9,079) N/A N/A N/A N/A N/A N/A N/A No - 1 N/A
Other Bid: All deposit whole bank 0.00% $ (8,000) N/A N/A N/A N/A N/A N/A No No - 1,2 N/A
Other Bid: All deposit whole bank 0.00% $ (8,900) N/A N/A N/A N/A N/A N/A No No - 3 N/A
Other Bid: All deposit whole bank 0.00% $ (9,698) N/A N/A N/A N/A N/A N/A No No - 1 N/A

Conforming Bid Notes:

1- Excludes FHLB stock.
2- Excludes all OREO, HELOC's, and non-performing CRE, residential loans, and consumer loans.
3- Excludes the securities portfolio.

Other Bidder Names & Locations:

Banesco USA Coral Gables, FL
Stearns Bank National Association, St. Cloud, MN

Notes


Back to top