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Bid Summary

Imperial Savings and Loan Association
Martinsville, VA
Closing Date: August 20, 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:
River Community Bank, N.A. Martinsville, VA
All deposit whole bank

0.00%

$(3,000)

N/A N/A N/A N/A N/A N/A No Yes N/A
Other bids: None                        


Notes:

- 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. If any bids were received that would have been more costly than liquidation they have been excluded from this summary.

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








Last Updated 10/22/2010 cservicefdicdal@fdic.gov