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Federal Deposit
Insurance Corporation

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

Bid Summary

New South Federal Savings Bank, Irondale, AL
Closing Date: December 18, 2009

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: Beal Bank, Plano,TX All deposit whole bank with loss share 0.00% $(176,000) 80% 95% N/A 80% 95% N/A No Yes N/A
Cover (second place): EverBank, Jacksonville, FL All deposit modified whole bank with loss share 0.00% $(231,000) 80% 95% N/A 80% 95% N/A No Yes N/A
Other Bid All deposit modified whole bank with loss share 0.00% $(101,000) 80% 95% N/A 80% 95% N/A No Yes N/A

Other Bidder Names:

Beal Bank, Plano, TX

Notes:


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