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Bank Failures

Bid Summary Colorado Capital Bank, Castle Rock, CO

Colorado Capital Bank, Castle Rock, CO
Closing Date: July 8, 2011

Failed Bank Information for Colorado Capital Bank, Castle Rock, CO

BidderType of TransactionDeposit Premium %Asset Premium/(Discount) $(000)SF Loss Share Tranche 1SF Loss Share Tranche 2SF Loss Share Tranche 3Commercial Loss Share Tranche 1Commercial Loss Share Tranche 2Commercial Loss Share Tranche 3Value Appreciation InstrumentConforming BidLinked
Winning Bid and Bidder: 
First-Citizens Bank & Trust, Raleigh, NC		All deposit Whole Bank with Loss Share0.00%$(154,900)80%0%80%80%0%80%NoYesNo
Other Bids: 
none		            

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. Bids for loss share, if any, were valued using a discounted cash flow analysis for the loss share portfolio over the life of the loss share agreement. If any bids were received that would have been more costly than liquidation they have been excluded from this summary.
  • For more information on the bid disclosure policy, see Failed Financial Institution Bid Disclosure Policy.

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Last Updated: April 19, 2022