{{5-31-02 p.TC-321}}
[¶16,023A] In the Matter of Southeast Bank of West Florida, Pensacola, Florida,
Docket No. 91-297kk (7-28-95).
In the Matter of
SOUTHEAST BANK OF WEST FLORIDA
PENSACOLA, FLORIDA
(Insured Depository Institution)
related to
SOUTHEAST BANK, NATIONAL ASSOCIATION
MIAMI, FLORIDA
(Commonly Controlled Insured Depository Institution)
FDIC-91-297kk
ORDER OF DISMISSAL
WHEREAS, the Federal Deposit Insurance Corporation ("FDIC")
on September 19, 1991, pursuant to the provisions of section 5(e) of
the Federal Deposit Insurance Act ("Act"), 12 U.S.C. §1815(e),
and the FDIC's Rules of Practice and Procedures, 12 C.F.R. Part 308,
issued a NOTICE OF ASSESSMENT OF LIABILITY, FINDINGS OF FACT AND
CONCLUSIONS OF LAW, ORDER TO PAY AND NOTICE OF HEARING ("ASSESSMENT
OF LIABILITY") assessing a liability of $143,000,000 against
Southeast Bank of West Florida, Pensacola, Florida ("Liable
Institution"), for loss incurred or reasonably anticipated by the
FDIC in connection with the default on September 19, 1991, of Southeast
Bank, National Association, Miami, Florida ("Bank"), a commonly
controlled insured depository institution; and
WHEREAS, FDIC-Corporate, by and through its Enforcement Counsel, has
filed a MOTION TO DISMISS in the above-captioned administrative
proceeding.
IT IS HEREBY ORDERED, that FDIC Enforcement Counsel's MOTION TO
DISMISS in the above-captioned administrative action is GRANTED with
prejudice.
Dated this 28th day of July, 1995.
By direction of the Board of Directors.
