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Bid Summary

Charter Bank
Santa Fe, NM
Closing Date: January 22, 2010



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:
Charter Bank (a
subidiary of Beal
Financial Corporation,
Plano, TX)
Albuquerque, NM
All deposit whole bank with loss share 0.00% $(155,431) 80% 95% N/A 80% 95% N/A No No N/A
Cover (second place): Great Southern Bank
Springfield, MO
All deposit
modified whole
bank with loss
share
0.00% $(79,500) 80% 95% N/A 80% 95% N/A No No(1) N/A
Other Bid All deposit whole bank with loss share 0.00% $(175,000) 80% 95% N/A 80% 95% N/A No Yes N/A

(1) Bid excluded certain loans.

Other Bidder Names:
First-Citizens Bank & Trust Company


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.

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


Last Updated 08/09/2011 cservicefdicdal@fdic.gov