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Federal Deposit
Insurance Corporation

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

Bid Summary

Orion Bank, Naples, FL
Closing date: November 13, 2009

Winning Bidder:

IBERIABANK, Lafayette, LA

Winning Bid:

All deposits, whole bank with loss share -- Asset Discount of $289.5 million, Deposit Discount of 1.5%, linked.

Cover (second place) Bidder:

IBERIABANK, Lafayette, LA

Cover Bid:

All deposits, whole bank with loss share – Asset Discount of $336.437 million, Deposit Discount of 1.5%.

Other Bidder Names:

BankUnited, Coral Gables, FL
Centennial Bank, Conway, AR
First Citizens Bank, Raleigh, NC

Other Bids:

All deposits, whole banks with loss share -- Asset Discount of $335 million, Deposit Premium 0%.
All deposits, whole bank with loss share -- Asset Discount of $340.7 million, Deposit Premium 0%.
All deposits, whole bank with loss share -- Asset Discount of $340.7 million, Deposit Premium 0%, linked.
All deposits, whole bank with loss share -- Asset Discount of $360.7 million, Deposit Premium 0%.
All deposits, whole bank with loss share -- Asset Discount of $360.7 million, Deposit Premium 0%, linked.
All deposits, whole bank with loss share -- Asset Discount of $400 million, Deposit Premium 0%.

Notes:


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