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The FDIC disclosed five bids for failed Crestview, Fla.-based Premier Community Bank of the Emerald Coast in a bid summary last updated Dec. 28.
Panama City, Fla.-based Summit Financial Enterprises Inc. unit Summit Bank NA placed the winning all-deposit, whole bank with loss-share bid with no deposit premium or discount and an asset discount of $12.1 million. The bid also included first single-family and first commercial loss-share tranches of 80% and second single-family and second commercial loss-share...