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Bid Summary

First Chicago Bank & Trust
Chicago, IL
Closing Date: July 08, 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 Linked
Winning bid and bidder:
Northbrook Bank & Trust Company, Northbrook, IL
All deposit whole bank with loss share 0.50% $(104,100) 80% 80% 80% 80% 80% 80% Yes No N/A
Cover: -
none
                       
Other Bid: All deposit whole bank with loss share 0.50% $ (155,500) 80% 30% 80% 80% 30% 80% Yes Yes N/A


Other Bidder Names:
Omitted from this disclosure

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.
- Because there was only one other bidder, the Other Bidder Name is omitted from this disclosure.
- For more information on the bid disclosure policy, see http://www.fdic.gov/about/freedom/biddocs.html.


Last Updated 06/08/2012 cservicefdicdal@fdic.gov