Skip Header
U.S. flag

An official website of the United States government

Bid Summary

First Peoples Bank, Port Saint Lucie, FL
Closing Date: July 15, 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, N.A., Miami, FL All deposit whole bank P&A 0.00% $ (16,400) N/A N/A N/A N/A N/A N/A Yes Yes N/A
Cover: First Southern Bank, Boca Raton, FL All deposit whole bank with loss share 0.00% $(2,630) 75% 50% N/A 75% 50% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 2.00% $ (3,599) 80% 0% N/A 80% 0% N/A Yes Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (4,400) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (7,895) 80% 80% N/A 80% 80% N/A No No N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (8,395) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (13,249) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (28,940) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank P&A 0.00% $ (47,500) N/A N/A N/A N/A N/A N/A No Yes N/A

Other Bidder Names & Locations:

1st United Bank, Boca Raton, FL
CenterState Bank of Florida, N.A., Winter Haven, FL
First Bank and Trust Company of Indiantown, FSB, Indiantown, FL
IBERIABANK, Lafayette, LA
Premier American Bank, N.A., Miami, FL

Notes:

Back to top