The Santa Anna National Bank, Santa Anna, Texas
Closing Date: June 27, 2025
Failed Bank Information for The Santa Anna National Bank, Santa Anna, Texas
| Bidder | Winning and Cover Bid | Type of Transaction | Deposits Passing | Deposit Premium | Conforming Bid (Y/N) |
|---|---|---|---|---|---|
| Coleman County State Bank, Coleman, Texas | Winning Bid | Basic P&A | Insured Deposits | 5.16% | Y |
| Other | N/A | Basic P&A | Insured Deposits | 3.63% | Y |
| Other | N/A | Basic P&A | All Deposits | 5.75%1 | Y |
| Other | N/A | Basic P&A | All Deposits | 5.25%1 | Y |
| Other | N/A | Basic P&A | Insured Deposits | 2.51% | Y |
| Other | N/A | Basic P&A | Insured Deposits | 3.14% | N2 |
| Other | N/A | Basic P&A | All Deposits | 4.26% | Y |
| Other | N/A | Basic P&A | Insured Deposits | 1.00% | Y |
| Other | N/A | Basic P&A | All Deposits | 3.01% | Y |
| Other | N/A | Basic P&A | Insured Deposits | 0.25% | Y |
| Other | N/A | Basic P&A | All Deposits | 2.76% | Y |
| Other | N/A | Basic P&A | All Deposits | 3.14% | N2 |
| Other | N/A | Basic P&A | All Deposits | 1.90% | Y |
Bid Notes:
1The cost analysis of an insured deposit bid allocates a portion of the loss to the uninsured depositors, which decreases
the loss amount allocated to the FDIC. For the cost of an all deposit bid to be less than the cost of an insured deposit bid,
the all deposit bid must be sufficient to cover the loss uninsured depositors incur in an insured deposit transaction.
2Excludes certain securities.
Bidder Names & Locations:
Broadstreet Bank SSB, Mineola, TX
Citizens National Bank at Brownwood, Brownwood, TX
Coleman County State Bank, Coleman, TX
Farmers and Merchants Bank, Deleon, TX
First State Bank, Shallowater, TX
MCBank, Goldthwaite, TX
Method Bank, Wyandotte, OK
One World Bank, Dallas, TX
Texas National Bank, Mercedes, TX
Western Bank, Lubbock, TX
Notes:
- Bidders can submit multiple bids.
- The winning bidder’s acquisition of 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.
- The cover bid is: a) less costly than liquidation, b) the least costly bid after excluding all bids submitted by the winning bidder, and c) identified one year after failure.
- There is no linkage between bidder names and bids, except in the case of the winning and cover bids.
- For more information on the bid disclosure policy, see Failed Financial Institution Bid Disclosure Policy.