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Federal Deposit
Insurance Corporation

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

Bid Summary

Legacy Bank, Scottsdale, AZ
Closing Date: January 7, 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: Enterprise Bank & Trust, Clayton, Missouri Nonconforming all deposit whole bank with loss share (1) 1.00% $ (9,995) 80% 80% NA 80% 80% NA Yes No N/A
Cover - Commerce Bank of Arizona, Tucson, Arizona All deposit whole bank with loss share 0.25% $ (21,975) 75% 75% N/A 75% 75% N/A No Yes N/A
Other bid All deposit whole bank with loss share 1.00% $ (9,525) 80% 80% N/A 80% 80% N/A No Yes N/A
Other bid All deposit whole bank with loss share 0.25% $ (21,475) 80% 80% N/A 80% 80% N/A No Yes N/A
Other bid All deposit whole bank with loss share 0.00% $ (22,000) 80% 80% N/A 80% 80% N/A No Yes N/A
Other bid Nonconforming Whole Bank P&A (2) 0.00% $ (41,679) N/A N/A N/A N/A N/A N/A No No N/A

(1) Deemed nonconforming due to cap placed on Value Appreciation Instrument
(2) Deemed nonconforming since bid excluded all OREO.

Other Bidder Names:

Commerce Bank of Arizona, Tucson, Arizona
Enterprise Bank & Trust, Clayton, Missouri
SouthWest Bank, Odessa, Texas
Wedbush Bank, Los Angeles, California

Notes:


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