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Federal Deposit
Insurance Corporation

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

Since 1933, no depositor has ever lost a penny of FDIC-insured funds

Bid Summary

Peoples First Community Bank, Panama City, FL
Closing Date: December 18, 2009

Winning Bidder:

Hancock Bank, Gulfport, MS

Winning Bid:

All deposits, modified whole bank with loss share – Asset Discount of $236 million, Deposit Premium 1%

No other bids were received.


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