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Federal Deposit
Insurance Corporation

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

Bid Summary

LibertyPointe Bank, New York, NY
Closing Date: March 11, 2010

Bidder Type of Transaction Deposit Premium/(Discount) % Asset Premium/(Discount) $(000) / % First Loss Tranche $(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: Valley National Bank, Wayne, NJ All Deposit Whole Bank 0.15% 0 N/A 80% 95% N/A 80% 95% N/A No No Yes
Cover (second place) - Valley National Bank, Wayne, NJ All deposit whole bank with loss share 0.15% 0 $1,500 80% 95% N/A 80% 95% N/A No No Yes
Other bid All deposit whole bank with loss share 0.15% 0 N/A 80% 95% N/A 80% 95% N/A No No Yes
Other bid All deposit whole bank with loss share 0.15% 0 N/A 80% 95% N/A 80% 95% N/A No No Yes
Other bid All deposit whole bank with loss share 0.51% $(17,400) N/A 80% 95% N/A 80% 95% N/A Yes Yes No
Other bid All deposit whole bank with loss share 0.51% $(17,400) N/A 80% 95% N/A 80% 95% N/A No Yes No
Other bid All deposit whole bank with loss share 0.00% $(22,000) N/A 80% 95% N/A 80% 95% N/A No Yes Yes
Other bid All deposit whole bank with loss share 0.00% $(33,000) N/A 80% 95% N/A 80% 95% N/A No Yes Yes
Other bid All deposit whole bank with loss share 0.50% $(33,000) N/A 80% 95% N/A 80% 95% N/A No Yes Yes
Other bid All deposit whole bank with loss share 0.50% $(41,000) N/A 80% 95% N/A 80% 95% N/A No Yes No

Other Bidder Names:

Manufacturers & Traders Trust Company, Buffalo, NY
New York Commercial Bank, Westbury, NY
State Bank of Long Island, Jericho, NY
Valley National Bank, Wayne, NJ

Notes:


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