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Bid Summary

First City Bank of Florida, Fort Walton Beach, FL
Closing Date: October 16, 2020

Bidder Type of Transaction Deposit Premium % Asset
Premium/
(Discount)
$(000)
Optional Loan Pool (Primarily Performing SFR)
(% of BV)
Optional Loan Pool (Primarily Performing Land, ADC, AG)
(% of BV)
Optional Loan Pool (Primarily Performing CRE)
(% of BV)
Optional Loan Pool (Performing C&I)
(% of BV)
Optional Loan Pool (Performing Consumer & Credit Card)
(% of BV)
Optional Loan Pool (Primarily Non-Perfoming)
(% of BV)
Optional OREO Pool
(% of BV)
Conforming Bid
Winning Bid and Bidder:
United Fidelity Bank, fsb
Evansville, IN
All deposit Whole Bank 0.00% ($1,454) N/A N/A N/A N/A N/A N/A 58.88% Yes
Cover Bid:
Omitted from this disclosure
Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure
Other Bid:                      
Other All deposit Basic P&A with Optional Loan Pools 0.47% N/A No Bid No Bid No Bid No Bid No Bid No Bid No Bid Yes
Other All deposit Basic P&A with Optional Loan Pools 0.51% N/A 88.89% 70.58% 71.19% 74.45% 72.14% No Bid No Bid Yes
Other All deposit Basic P&A with Optional Loan Pools 0.51% N/A 90.84% 82.77% 82.87% 81.20% 74.10% 62.98% No Bid No - 1
Other All deposit Basic P&A with Optional Loan Pools 0.51% N/A 91.18% 83.11% 85.19% 81.54% 74.44% 49.14% 25.00% No - 2
Other All deposit Basic P&A with Optional Loan Pools 0.51% N/A 91.18% 83.11% 85.19% 81.54% 74.44% 49.14% No Bid No - 3
Other All deposit Basic P&A with Optional Loan Pools 0.69% N/A 92.26% 91.69% No Bid No Bid 97.00% No Bid No Bid Yes
Other All deposit Basic P&A with Optional Loan Pools 0.69% N/A No Bid No Bid No Bid No Bid No Bid No Bid No Bid Yes
Other All deposit Basic P&A with Optional Loan Pools 2.25% N/A No Bid No Bid No Bid No Bid No Bid No Bid No Bid Yes
Other All deposit Basic P&A with Optional Loan Pools 3.51% N/A No Bid No Bid No Bid No Bid No Bid No Bid 51.00% Yes
Other All deposit Basic P&A with Optional Loan Pools 3.51% N/A No Bid No Bid No Bid No Bid No Bid No Bid No Bid Yes
Other All deposit Whole Bank 0.00% ($24,014) N/A N/A N/A N/A N/A N/A No Bid Yes
Other All deposit Whole Bank 0.00% ($24,014) N/A N/A N/A N/A N/A N/A 25.00% Yes
Other All deposit Whole Bank 0.00% ($17,750) N/A N/A N/A N/A N/A N/A No Bid Yes
Other All deposit Whole Bank 0.00% ($17,750) N/A N/A N/A N/A N/A N/A 51.00% Yes
Other All deposit Whole Bank 0.00% ($16,006) N/A N/A N/A N/A N/A N/A 38.70% No - 4
Other All deposit Whole Bank 0.00% ($16,006) N/A N/A N/A N/A N/A N/A 36.40% Yes
Other All deposit Whole Bank 0.00% ($15,006) N/A N/A N/A N/A N/A N/A 38.70% No - 4
Other All deposit Whole Bank 0.00% ($15,006) N/A N/A N/A N/A N/A N/A 36.40% Yes
Other All deposit Whole Bank 0.00% ($14,598) N/A N/A N/A N/A N/A N/A 38.70% No - 5
Other All deposit Whole Bank 0.00% ($14,598) N/A N/A N/A N/A N/A N/A 36.40% No - 5
Other All deposit Whole Bank 0.00% ($13,666) N/A N/A N/A N/A N/A N/A No Bid Yes
Other All deposit Whole Bank 0.00% ($13,666) N/A N/A N/A N/A N/A N/A 30.00% Yes
Other All deposit Whole Bank 0.00% ($13,598) N/A N/A N/A N/A N/A N/A 38.70% No - 1
Other All deposit Whole Bank 0.00% ($13,598) N/A N/A N/A N/A N/A N/A 36.40% No - 5
Other All deposit Whole Bank 0.51% ($15,083) N/A N/A N/A N/A N/A N/A No Bid Yes
Other All deposit Whole Bank 0.51% ($15,082) N/A N/A N/A N/A N/A N/A 25.00% Yes
Other All deposit Whole Bank 0.51% ($14,083) N/A N/A N/A N/A N/A N/A No Bid Yes
Other All Deposit Whole Bank 0.51% ($11,320) N/A N/A N/A N/A N/A N/A No Bid No - 6
Other All deposit Whole Bank 0.51% ($10,704) N/A N/A N/A N/A N/A N/A No Bid No - 2
Other All Deposit Whole Bank 0.51% ($9,502) N/A N/A N/A N/A N/A N/A No Bid No - 1
Other All deposit Whole Bank 0.69% ($9,465) N/A N/A N/A N/A N/A N/A 58.40% Yes
Other All deposit Whole Bank 0.69% ($9,465) N/A N/A N/A N/A N/A N/A No Bid Yes
Other All deposit Whole Bank 1.00% ($36,167) N/A N/A N/A N/A N/A N/A 35.00% Yes
Other All deposit Whole Bank 1.00% ($35,667) N/A N/A N/A N/A N/A N/A No Bid Yes
Other All deposit Whole Bank 1.50% ($30,800) N/A N/A N/A N/A N/A N/A No Bid Yes
Other All deposit Whole Bank 1.50% ($30,800) N/A N/A N/A N/A N/A N/A 20.00% Yes
Other All deposit Whole Bank 2.00% ($18,000) N/A N/A N/A N/A N/A N/A 100% Yes
Other All deposit Whole Bank 2.00% ($46,409) N/A N/A N/A N/A N/A N/A 25.00% Yes
Other All deposit Whole Bank 2.00% ($14,000) N/A N/A N/A N/A N/A N/A No Bid Yes
Other Insured deposit Basic P&A with Optional Loan Pools 0.00% N/A 97.93% 97.93% 97.93% 97.93% 97.93% No Bid 53.10% Yes
Other Insured deposit Basic P&A with Optional Loan Pools 0.00% N/A 97.93% 97.93% 97.93% 97.93% 97.93% No Bid No Bid Yes
Other Insured deposit Whole Bank 0.00% ($1,750) N/A N/A N/A N/A N/A N/A 53.10% Yes
Other Insured deposit Whole Bank 0.00% ($1,750) N/A N/A N/A N/A N/A N/A No Bid Yes

Conforming Bid Notes:

1 - Excluded loans totaling $11.6 million
2 - Excluded loans totaling $1.7 million and OREO of $2.6 million
3 - Excluded loans totaling $15.0 million
4 - Excluded loans totaling $1.7 million
5 - Excluded OREO totaling $2.6 million
6 - Excluded loans totaling $11.3 million

Other Bidder Names & Locations:

BancorpSouth Bank, Tupelo, MS
Beach Community Bank, Fort Walton Beach, FL
CB&S Bank, Inc., Russelville, AL
First-Citizens Bank & Trust Co, Raleigh, NC
First Federal Bank, Lake City, FL
First Guaranty Bank, Hammond, LA
Investar Bank, NA, Baton Rouge, LA
Park Ridge Community Bank, Park Ridge, IL
Republic Bank of Chicago, Oak Brook, IL
SmartBank, Pigeon Forge, TN
State Bank of Texas, Dallas, TX

Notes:

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