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Federal Deposit
Insurance Corporation

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

Bid Summary

Williamsburg First National Bank, Kingstree, SC
Closing Date: July 23, 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:
First Citizens Bank & Trust Columbia, SC
All deposit whole bank with loss share 0.50% $0 80% 80% N/A 80% 80% N/A No Yes N/A
Cover (second place):
GrandSouth Bank, Greenville, SC
All deposit whole bank with loss share 1.00% $ (12,976) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(13,997) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(14,750) 80% 80% N/A 80% 80% N/A No Yes N/A

Other Bidder Names & Locations:

The Bank of Clarendon, Manning, SC
The Citizens Bank, Olanta, SC

Notes:

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