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Federal Deposit
Insurance Corporation

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

Bid Summary

The Elizabeth State Bank, Elizabeth, IL
Closing Date: July 2, 2009

Winning Bidder:

Galena State Bank and Trust, Galena, IL

Winning Bid:

All deposits, whole bank with loss share - Asset Discount of $2.495 million, Deposit Premium 1%.

Cover (second place) Bidder:

Devon Bank, Chicago, IL

Cover Bid:

All deposits, modified whole bank with loss share – Asset Discount of $5.9 million, Deposit Premium 0%

Other Bidder:

Community Bank, Winslow, IL

Other Bid:

All deposits, modified whole bank with loss share – Asset Discount of $6.125 million, Deposit Premium 0%.

Notes:


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