First Financial Brokering $145M Portfolio

First Financial Network Inc., an Oklahoma City-based loan sale adviser, has announced the offering of a $145 million portfolio of loans being marketed on behalf of the Federal Deposit Insurance Corp. The portfolio includes loans from the recently failed ANB Bank, Bentonville, Ark., for which the FDIC is acting as receiver. It consists of 2,384 commercial real estate, commercial and industrial, residential, and consumer loans stratified into pools based on loan type, performance, collateral, and geographic location, First Financial said. The loans are collateralized by properties located chiefly in Arkansas. First Financial said it will conduct a "highly targeted marketing campaign aimed at procuring sophisticated purchasers." Bids will be taken on Sept. 9.