Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Bid Summary

North Milwaukee State Bank, Milwaukee, WI
Closing Date: March 11, 2016

Bidder Type of Transaction Deposit Premium/(Discount) % Asset Premium/(Discount) $(000) / % Pool 100 SFR (% of BV) Pool 150 Other SFR (% of BV) Pool 200 Church Loans (% of BV) Pool 300 CRE (% of BV) Pool 350 Other CRE (% of BV) Pool 400 C&I (% of BV) Pool 450 Other C&I (% of BV) Pool 500 Student Loans (% of BV) Optional OREO (% of BV) Conforming Bid
Winning bid and bidder:
First-Citizens Bank & Trust Company, Raleigh, NC
All deposit whole bank 0.00 % $ (10,800) N/A N/A N/A N/A N/A N/A N/A N/A Waived Y
Cover Bid (second place):
State Bank of Texas, Dallas, TX
All deposit whole bank 0.00% $ (15,000) N/A N/A N/A N/A N/A N/A N/A N/A Waived Y
Other Bid: All deposit modified whole bank 0.00 % $ (11,000) N/A N/A N/A N/A N/A N/A N/A N/A Waived Y
Other Bid: All deposit basic P&A w/ Optional Loan Pools 0.00 % N/A 62.0% N/A N/A 62% N/A 62.0% N/A N/A Waived Y
Other Bid: All deposit whole bank 0.00 % $ (16,787) N/A N/A N/A N/A N/A N/A N/A N/A Waived Y

Whole Bank P&A bids have one discount amount. The OREO is bid separately.
P&A with optional loan pool bids include separate pool pricing for each selected pool.
Bids with less than optional OREO pool reserve price were not factored into the total bid cost.

Other Bidder Names & Locations:

Liberty Bank and Trust Company, New Orleans, LA
State Bank of Texas, Dallas, TX
United Fidelity Bank, fsb, Evansville, IN

Notes:


Back to top

Skip Footer back to content