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Bid Summary

DuPage National Bank
West Chicago , IL
Closing Date: January 17, 2014



Bidder Type of Transaction Deposit Premium % Asset Premium/(Discount)
(in 000's) (1)
Optional Loan Pool
Performing Loans
(% of BV) (2)
Optional Loan Pool
Non-Perf. Loans
(% of BV) (2)
OREO Pool
(% of BV) (2), (3)
Conforming Bid
Winning bid and bidder:
Republic Bank of Chicago
Oak Brook, IL
All deposit whole bank 1.20% $(2,800) N/A N/A 88.28% Yes
Cover:
omitted from this disclosure
Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure Omitted from this disclosure
Other Bid:   All deposit whole bank 1.20% $(2,800) N/A N/A No Bid Yes
Other Bid:   All deposit whole bank 0.25% $(4,250) N/A N/A No Bid Yes
Other Bid:   All deposit whole bank 0.00% $(6,371) N/A N/A 11.70% Yes
Other Bid:   All deposit whole bank 0.51% $(7,378) N/A N/A No Bid Yes
Other Bid:   All deposit whole bank 0.51% $(7,838) N/A N/A 44.00% Yes
Other Bid: All deposit whole bank 0.25% $(8,687) N/A N/A 50.00% Yes
Other Bid: P&A with Optional Pools 0.00% N/A 89.05% No Bid No Bid No
Other Bid: P&A with Optional Pools 0.00% N/A 87.53% No Bid No Bid No
Other Bid: P&A with Optional Pools 0.00% N/A 83.53% No Bid No Bid Yes
Other Bid: P&A with Optional Pools 0.51% N/A 81.78% No Bid No Bid Yes
Other Bid: All deposit whole bank 0.00% $(16,900) N/A N/A 30.00% Yes


Other Bidder Names:

Grand Ridge National Bank, Grand Ridge, IL
Heartland Bank and Trust Co., Bloomington, IL
Signature Bank, Chicago, IL
Standard Bank and Trust Co., Hickory Hills, IL
The Federal Savings Bank, Overland Park, KS
Wheaton Bank & Trust Co., Bloomington, IL

Notes:

(1) Whole Bank P&A bids have one discount amount. The OREO is bid separately
(2) P&A with optional loan pool bids include separate pool pricing for each selected pool.
(3) OREO Bids less than the Optional OREO Pool Reserve Price were not factored into the total bid cost

- The winning bidder’s acquisition of all the deposits was the least costly resolution compared to a liquidation alternative. The liquidation alternative was valued using valuation models to estimate the market value of the assets. Bids for loss share, if any, were valued using a discounted cash flow analysis for the loss share portfolio over the life of the loss share agreement.

- The cover bid is the bid that: a. Is less costly than liquidation and b. Is the least costly bid after excluding all bids submitted by the winning bidder.

- There are more bids than bidders because one or more bidders submitted more than one bid.

- The Other Bidder Names and the Other Bids are in random order. There is no linkage between bidder names and bids, except in the case of the winning bid.

- For more information on the bid disclosure policy, see http://www.fdic.gov/about/freedom/biddocs.html.




Last Updated 04/02/2014 cservicefdicdal@fdic.gov