Skip Header

Federal Deposit
Insurance Corporation

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

Bid Summary

Valley Bank, Moline, IL
Closing Date: June 20, 2014

Bidder Type of Transaction Deposit Premium % Asset Premium/(Discount) $(000) / % Optional Loan Pool 200 (Performing Residential) (% of BV) Optional Loan Pool 210 (Non- Performing Residential) (% of BV) Optional Loan Pool 300 (ADC) (% of BV) Optional Loan Pool 400 (Performing Commercial RE) (% of BV) Optional Loan Pool 410 (Non Performing Commercial RE) (% of BV) Optional Loan Pool 500 (Land) (% of BV) Optional Loan Pool 600 (Agriculture) (% of BV) Optional Loan Pool 700 (Performing C&I) (% of BV) Optional Loan Pool 710 (Non-Performing C&I) (% of BV) Optional Loan Pool 800 (Consumer) (% of BV) Optional Loan Pool 900 (Gov't Guaranteed) (% of BV) Optional Loan Pool 1000 Participation Loans Purchased from Valley Bank Ft. Lauderdale Optional OREO Pool (% of BV) Conforming Bid
Winning Bid and Bidder:
Great Southern Bank Reeds Springs, MO
All deposit basic P&A with optional loans pools 0.00% N/A 89.39% No Bid 87.84% 89.01% No Bid 78.40% 89.81% No Bid No Bid 93.57% No bid No bid No bid N
Cover:
MidwestOneBank, Iowa City, IA
All deposit whole bank 0.21% $(92,307) N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 56.70% Y
Other Bid:   All deposit basic P&A with optional loans pools 0.00% N/A 77.27% 46.23% 76.70% 85.08% 43.53% 74.91% 85.55% 65.34% 4.74% 87.14% No bid No bid No bid N
Other Bid:   All deposit whole bank 0.00% ($97,900) N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A No bid Y
Other Bid:   All deposit whole bank 0.00% $(160,000) N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A No bid Y

P&A with optional loan pool bids include separate pool pricing for each selected pool.
Bids less than the optional OREO pool reserve price were not factored into the total bid cost.

Other Bidder Names & Locations:

Great Southern Bank, Reeds Spring, MO
Stearns Bank, Saint Cloud, MN
The National Bank, Moline, IL

Notes:


Back to top

Skip Footer back to content