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Failed Bank Information

Bid Summary
Home National Bank
Blackwell, OK
Closing Date: July 9, 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 (a):
RCB Bank, Claremore, OK 		All Deposit Modified Whole Bank

0.22%

$(20,035)

 N/A N/A NA N/A N/A NA No Yes N/A
Winning Bid and Bidder (b): Enterprise Bank & Trust, Clayton, MO Asset Purchase with Loss Share N/A $ (32,600) 80% 80% N/A 80% 80% N/A No Yes N/A
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 Omitted from this disclosure
Other Bid All Deposit Modified Whole Bank with Loss Share 0.00% $(7,900) 80% 80% NA 80% 80% NA No Yes N/A
Other Bid All Deposit Modified Whole Bank 0.00% $ (20,000) NA NA NA NA NA NA No No N/A
Other Bid All Deposit Modified Whole Bank 0.00% $ (23,000) NA NA NA NA NA NA No Yes N/A
Other Bid All Deposit Whole Bank with Loss Share 0.00% $ (41,500) 80% 80% NA 80% 80% NA No Yes N/A
Other Bid All Deposit Whole Bank with Loss Share 0.00% $ (45,000) 80% 80% NA 80% 80% NA No No N/A
Other Bid All Deposit Whole Bank with Loss Share 0.00% $(47,400) 80% 80% NA 80% 80% NA No Yes N/A


Other Bidder Names:

- BancFirst, Oklahoma City, OK
- Union Bank, Oklahoma City, OK

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. The bids for loss share 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.

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

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




Last Updated 11/05/2010 cservicefdicdal@fdic.gov