Supervisors Symposium - December 2023

Internal Use 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

11

11

Internal Use 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

•Notify DRR Regional Staff if there are institutions that would be a good fit to purchase the failing institution.

Regulators can help identify potential bidders

12

12