Other Bidder Names:
Citizens Bank & Trust Company, Ardmore, Oklahoma
First National Bank and Trust Company of Ardmore, Ardmore, Oklahoma
First National Bank and Trust Company, Shawnee, Oklahoma
InterBank, Oklahoma City, Oklahoma
Landmark Bank, N.A., Columbia, Missouri
Shamrock Bank, N.A., Coalgate, Oklahoma
Vision Bank, N.A., Ada, Oklahoma
- 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. If any bids were received that would have been more costly than liquidation they have been excluded from this summary.
- The cover bid is the least costly bid after excluding all bids submitted by the winning bidder.
- The Other Bidder Names and the Other Bids are in random order. There is no linkage between bidder names and bids, except in the case of the winning bid and the cover bid.
- For more information on the bid disclosure policy, see http://www.fdic.gov/about/freedom/biddocs.html.