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Failed Bank Information

Bid Summary
Corn Belt Bank and Trust Company
Pittsfield, IL
Closing date: February 13, 2009



Winning Bidder: The Carlinville National Bank, Carlinville, IL

Winning Bid: All deposits P&A, Deposit Premium 1.75%

No other bids were received

Notes:

-  The winning bidder’s acquisition of all the deposits was the least costly resolution compared to a liquidation alternative. The liquidation alternative was valued using valuation models to estimate the market value of the assets.




Last Updated 03/22/2010 cservicefdicdal@fdic.gov