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Federal Deposit
Insurance Corporation

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

Bid Summary

Waccamaw Bank, Whiteville, NC
Closing Date: June 8, 2012

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:
First Community Bank, Bluefield, VA
All deposit whole bank with loss share 0.00% $(15,000) 80% 80% 80% 80% 80% 80% No No No
Cover:
First Citizens Bank and Trust Company, Columbia, SC
All deposit whole bank with loss share 0.00% $(58,575) 80% 10% 80% 80% 10% 80% No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(31,000) 80% 10% 80% 80% 10% 80% No No N/A
Other Bid: All deposit whole bank with loss share 0.00% $(57,400) 80% 10% 80% 80% 10% 80% No No N/A

Other Bidder Names & Locations:

Bank of the Ozarks, Little Rock, AR
First Community Bank, Bluefield, VA

Notes:


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