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Federal Deposit
Insurance Corporation

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

Bid Summary

Pierce Commercial Bank, Tacoma, WA
Closing Date: November 5, 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:
Heritage Bank, Olympia, WA
All deposit whole bank 1.00% $ (41,200) NA NA NA NA NA NA NA Yes NA
Cover (second place) - Opportunity Bank, Richardson, TX All deposit whole bank with loss share 1.00% $ (20,600) 80% 80% NA 80% 80% NA NA Yes NA
Other Bid - Heritage Bank, Olympia, WA All deposit whole bank with loss share 1.00% $ (9,200) 80% 80% NA 80% 80% NA NA Yes NA

Notes:


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