This was a last minute effort to avoid the bank to become bankrupt and the FDIC stepping in and using their reserves and paying out to the depositors. I agree

This was a last minute effort to avoid the bank to become bankrupt and the FDIC stepping in and using their reserves and paying out to the depositors. I agree with you that the solution could have been just the FDIC assuming control of the bank which would have put pressure on the FDIC's reserves but, large banks generally have been buying out smaller banks to become larger and this has been going on for decades. What could have been going on behind the scenes is that large banks were being pressured to buy it out similar to 2008.