Nonwinning bid information is now available for 470 of the 493bank failures that occurred between Jan. 1, 2009, and July 18, 2016.

The FDIC released three new bid summaries between Jan. 14, 2016,and July 18, 2016, as well as three updates with runner-up bid data.

Failures from 2016 withrecently released bid details

* King of Prussia, Pa.-based First CornerStone Bank, which failed May 6, 2016, receivedfive bids.

* Memphis, Tenn.-based TrustCo. Bank, which failed April 29, 2016, received nine bids.

* Milwaukee-based NorthMilwaukee State Bank, which failed March 11, 2016, received five bids.

Failures from 2015 withrecently released bid details

* Chicago-based EdgebrookBank, which failed May 8, 2015, received 15 bids. Oak Brook,Ill.-based Republic Bank of Chicagowon the bid, whereas South Holland, Ill.-based Providence Bank & Trust was revealed as the runner-upbidder.

* Chicago-based HighlandCommunity Bank, which failed Jan. 23, 2015, received 13 bids.Evansville, Ind.-based United FidelityBank FSB won the bid, while Hickory Hills, Ill.-based was disclosedas a runner-up bidder.

* Crestview, Fla.-based FirstNational Bank of Crestview, which failed Jan. 16, 2015, received 18bids. New Orleans-based FirstNBC Bank won the bid, whereas Evansville, Ind.-based was revealed asa runner-up bidder.

Description of terms

Bid form: A photocopiedreplica of the actual bid forms submitted by the bidder that include the premiumor discount offered by the bidders for the failed institution's assets and deposits.The last nonwinning bid form released pertained to the May 21, 2009, failure ofCoral Gables, Fla.-based BankUnited FSB. The FDIC has published a number of bidforms since BankUnited, but the documents include only bids submitted by winningbidders. The FDIC announced Nov. 12, 2009, that it would no longer release bid formsand instead would publish bid summaries.

Bid summary: A documentcompiled by the FDIC containing a list of bids and bidders. In most cases, the FDICinitially omits information on the cover bid and cover bidder. Other nonwinningbids and the bidders that submitted them are disclosed, without any associationbetween bidder and bid. The FDIC publishes an update of the bid summary, which includescover bid information, about one year after a given failure occurs.

Freedom of InformationAct request: In response to a Jan. 15, 2011, FOIA request, the FDIC provided SNLFinancial with a list of all bank failures between Jan. 1, 2009, and Feb. 19, 2010,that received only one or two bids.