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Failed Bank Information

Bid Summary
Blue Ridge Savings Bank, Inc.
Asheville, NC
Closing Date: October 14, 2011


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
Winning bid and bidder:
Bank of North Carolina, Thomasville, NC		 All deposit whole bank with loss share 0.00% $(17,490) 80% 80% N/A 80% 80% N/A No Yes
Cover (second Place)-omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure
Other Bid All deposit whole bank with loss share 0.00% $(21,500) 75% 25% N/A 75% 25% N/A No Yes
Other Bid All deposit whole bank with loss share 0.00% $(39,800) 80% 80% N/A 80% 80% N/A No Yes
Other Bid All deposit whole bank without loss share 2.00% $(39,800) 80% 80% N/A 80% 80% N/A No No


Other Bidder Names:

- Bank of North Carolina, Thomasville, NC
- Bank of the Ozarks, Little Rock, AR
- SCBT, National Association, Orangeburg, SC

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. If any bids were received that would have been more costly than liquidation they have been excluded from this summary.

- 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 11/15/2011 cservicefdicdal@fdic.gov