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Federal Deposit
Insurance Corporation

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

Bid Summary

Covenant Bank & Trust, Rock Spring, GA
Closing Date: March 23, 2012

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:
Stearns Bank, National Association; St Cloud, MN
All deposit whole bank with loss share 0.00% $(12,900) 80% 80% N/A 0% 80% N/A No Yes N/A
Cover Bid - None                        
Other Bid All deposit modified whole bank with loss share 0.00% $(8,900) 80% 80% N/A 80% 80% N/A No No N/A
Other Bid All deposit whole bank with loss share 0.00% $(15,500) 80% 80% N/A 80% 80% N/A No No N/A
Other Bid All deposit whole bank with loss share 0.00% $(18,300) N/A N/A N/A N/A N/A N/A No No N/A
Other Bid All deposit whole bank with loss share 0.00% $(29,900) 0% 80% N/A 0% 80% N/A No No N/A

Other Bidder Names:

- Bank of the Ozarks; Little Rock, AR
- Stearns Bank, National Association; Saint Cloud, MN

Notes:


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