FDIC Header Test Skip Header

Federal Deposit
Insurance Corporation

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

Bid Summary

Patriot Bank of Georgia, Cumming, GA
Closing Date: September 2, 2011

Bidder Type of Transaction Deposit Premium/(Discount) % 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: Georgia Commerce Bank, Atlanta, GA All deposit whole bank with loss share 0.00% $(16,912) 80% 80% NA 80% 80% NA No Yes N/A
Cover: CharterBank, West Point, GA All deposit whole bank with loss share 0.00% $(18,500) 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit modified whole bank with loss share 0.00% $(18,500) 80% 80% N/A 80% 80% N/A No Yes No
Other Bid: All deposit modified whole bank with loss share 0.00% $(18,822) 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit modified whole bank with loss share 0.00% $(19,906) 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit modified whole bank with loss share 0.00% $(31,900) 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit modified whole bank with loss share 0.00% $(31,900) 80% 80% N/A 80% 80% N/A No Yes No

Other Bidder Names:

Bank of the Ozarks, Little Rock, AR
Charter Bank, West Point, GA
Fidelity Bank, Atlanta, GA
Georgia Commerce Bank, Atlanta, GA

Notes:


Back to top

Skip Footer back to content