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Federal Deposit
Insurance Corporation

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

Bid Summary

Summit Bank, Burlington, WA
Closing Date: May 20, 2011

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:
Columbia State Bank, Tacoma, WA
All deposit whole bank with loss share 0.75% $(9,500) 80% 80% N/A 80% 80% N/A No Yes Yes
Cover:
Heritage Bank, Olympia, WA
All deposit whole bank with loss share 0.00% $(25,000) 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit whole bank 0.75% $(34,500) N/A N/A N/A N/A N/A N/A No Yes Yes

Other Bidder Names & Locations:

Columbia State Bank, Tacoma, WA

Notes:


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