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Federal Deposit
Insurance Corporation

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

Bid Summary

Mainstreet Savings Bank, FSB, Hastings, MI
Closing Date: July 16, 2010

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: Commercial Bank, Alma, MI All deposit whole bank with loss share 1.13% $(2,975) 80% 80% N/A 80% 80% N/A No Yes N/A
Cover (second place): First Michigan Bank, Troy, MI All deposit whole bank with loss share 0.50% $(9,798) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 1.00% $(10,285) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid
All deposit whole bank with loss share 0.00% $(10,600) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 1.00% $(12,000) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid
All deposit whole bank with loss share 1.00% $(12,294) 80% 80% N/A 80% 80% N/A No Yes N/A

Other Bidder Names:

Chemical Bank, Midland, Michigan
Eaton Federal Savings Bank, Charlotte, Michigan
MutualBank, Muncie, Indiana
The Hastings City Bank, Hastings, Michigan

Notes:


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