I wonder if Daniel Friedberg helped with the scheme to buy Farmington State Bank (renamed to Moonbeam Bank). He very well might have been inspired by the SunFirst Bank situation from 2009-10, having been very close to the situation (and perhaps advised upon that, as well).

Clearly SBF wasn't just picking random tiny banks in Washington to invest $11.5m. There had to be a shady reason for this.