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Bid Summary

Premier Bank
Wilmette, IL
Closing Date: March 23, 2012



Bidder Type of Transaction Deposit Premium/(Discount) % Asset Premium/(Discount) $(000 ) / % SF Loss Share Tranche 1 SF Loss Share Tranche 2 SF Loss Share Tranche 3 Commercial Loss Share Tranche 1 Commercial Loss Share Tranche 2 Commercial Loss Share Tranche 3 Value Appreciation Instrument Conforming Bid Linked
Winning bid and bidder:
International Bank of Chicago, Chicago, IL
All deposit Whole Bank

0.00%

$(49,453) N/A N/A N/A N/A N/A N/A No No N/A
Cover - None                        
Other bid All deposit Whole Bank with Loss Share 0.00% $(43,200) 80% 80% N/A 80% 80% N/A Yes No N/A
Other bid All deposit Whole Bank 0.00% $(45,368) N/A N/A N/A N/A N/A N/A No No N/A
Other bid All deposit Whole Bank 0.00% $(52,128) N/A N/A N/A N/A N/A N/A No No N/A
Other bid All deposit Whole Bank with Loss Share 0.00% $(53,300) 80% 80% N/A 80% 80% N/A Yes Yes N/A
Other bid All deposit Whole Bank 0.00% $(56,228) N/A N/A N/A N/A N/A N/A No No N/A
Other bid All deposit Whole Bank 0.00% $(75,358) N/A N/A N/A N/A N/A N/A No No N/A
Other bid All deposit Whole Bank 0.00% $(83,521) N/A N/A N/A N/A N/A N/A No Yes N/A
Other bid All deposit Whole Bank 0.00% $(91,008) N/A N/A N/A N/A N/A N/A No No N/A


Other Bidder Names:

International Bank of Chicago, Chicago, IL
North Shore Community Bank and Trust Company, Wilmette, IL
Signature Bank, Chicago, IL



Notes:

- The winning bidder's acquisition of all the deposits was the least costly resolution compared to a liquidation alternative. The liquidation alternative was valued using valuation models to estimate the market value of the assets. Bids for loss share, if any, were valued using a discounted cash flow analysis for the loss share portfolio over the life of the loss share agreement.

- The cover bid is the bid that: a. Is less costly than liquidation and b. Is the least costly bid after excluding all bids submitted by the winning bidder.

- There are more bids than bidders because one or more bidders submitted more than one bid.

- The Other Bidder Names and the Other Bids are in random order. There is no linkage between bidder names and bids, except in the case of the winning bid.

- For more information on the bid disclosure policy, see http://www.fdic.gov/about/freedom/biddocs.html.



Last Updated 05/31/2012 cservicefdicdal@fdic.gov