Fall Regulatory Summit
NONPUBLIC//FDIC INTERNAL ONLY
Resolution Timeline
PCA Letter Board Resolution Financial Downloads
Marketing authorization Virtual data room opens Bidders invited
Bid acceptance
Institution closes
90
55
10
1
0
75
70
Marketing plan Virtual data room preparation
Asset valuation On site due diligence
Winning bidder signs
Approximate days from Bank Closing Date
Timeline represents a typical capital failure, but it can also change during the marketing period
1 1
NONPUBLIC//FDIC INTERNAL ONLY
Assistance from Regulators
Regulators may participate in failing bank discussions with DRR closing staff
• DRR Regional Staff will set up discussions between DRR closing staff and Regulators
Regulators can help identify potential bidders
• Notify DRR Regional Staff if there are institutions that would be a good fit to purchase the failing institution.
1 2
Made with FlippingBook. PDF to flipbook with ease