Each depositor insured to at least $250,000 per insured bank

OFFERING ANNOUNCEMENT
$92.4 million Sale of CRE and C&I Loans

Garnet Sale # WSN-496
FDIC Sale # WSN-12-23

On behalf of the FDIC, Garnet Capital Advisors is pleased to announce the sale of CRE and C&I loans from the FDIC as Receiver for Westernbank (Mayaguez, PR).

This portfolio includes the following: 
Loan Type:                                          CRE and C&I Loans         
Balances:                                                 $92,355,324              
Number of Assets:                                            7                                              
Average Balance:                                      $13,193,618              
Wtd Avg Int. Rate:                                        3.692%                  
% Nonperforming:                                          99.7%                  

Loans will be bid in pools based on loan type and/or performance.  Additional portfolio information will be provided as it becomes available.  Please contact Garnet for further information on the offering at (914) 630-8891 or login to Garnet’s website (www.garnetcapital.com) to request sale materials.
This advertisement is an announcement only and does not constitute an offer to sell, or a solicitation of an offer to buy, any loans or any interest therein. Information concerning the loans will be furnished only to persons who demonstrate that they have a level of financial sophistication and resources sufficient to evaluate and bear the risks of an investment in the loans.

KEY DATES (All Dates Are Subject To Change)

FDIC markets loans through the following sales advisors: