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Bid Summary

Midwest Bank and Trust Company
Elmwood Park, IL
Closing Date: May 14, 2010



Bidder Deposits All or Insured Only Whole Bank or Clean P&A Loss Share or No Loss Share Asset + Premium or Discount Deposit Premium
Winning:
FirstMerit Bank, NA, Akron, OH
All

Whole Bank

Loss Share

+2.7%

0.40%
Cover (second place)- FirstMerit
Bank, NA, Akron,
OH
All Whole Bank Loss Share 0.00% 0.40%
Other

All

Whole Bank

Loss Share

-1.40%

0.01%
Other All

Whole Bank

Loss Share

-3.40%

0.40%
Other

All

Whole Bank

Loss Share -5.48% 0%
Other

All

Whole Bank

Loss Share

-8.12%

0%
Other

All

Whole Bank

Loss Share -8.77% 0%
Other

All

Whole Bank

Loss Share

-9.20%

0.43%
Other

All

Whole Bank

Loss Share

-9.95%

0%
Other

All

Whole Bank

Loss Share -10.45% 0.50%
Other

All

Whole Bank

Loss Share -14.11% 0%
Other

All

Whole Bank

Loss Share -16.00% 0%
Other

All

Whole Bank

Loss Share -16.10% 0%
Other

All

Whole Bank

Loss Share -16.40% 0%
Other

All

Whole Bank

Loss Share -16.80% 0%
Other

All

Whole Bank

Loss Share -17.70% 0%
Other

All

Whole Bank

Loss Share -$168,900,000 0%

Other Bidder Names:

FirstMerit Bank, NA, Akron, OH
Ford Group Bank, NA, Dallas, TX
Harris National Association, Chicago, IL
Hinsdale Bank & Trust Co, Hinsdale, IL
NAFH National Bank, Jacksonville, FL
NBH National Bank, New York, NY
U.S. Bank National Association, Cincinnati, OH

Notes:

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

- 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 and the cover bid.

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

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




Last Updated 08/12/2011 cservicefdicdal@fdic.gov