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Bid Summary

Bank of Shorewood
Shorewood, IL
Closing Date: August 5, 2011



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:
Heartland Bank and Trust Company, Bloomington, IL
All deposit whole bank 0.00% $(30,000) N/A N/A N/A N/A N/A N/A No Yes N/A
Cover:
None
N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Other Bid Modified All deposit whole bank with loss share 0.00% $(12,900) N/A N/A N/A 80% 80% N/A No No N/A
Other Bid All deposit whole bank with loss share 0.00% $(17,700) N/A N/A N/A 80% 80% N/A No No N/A
Other Bid Modified All deposit whole bank 0.00% $(21,900) N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid All deposit whole bank 0.00% $(31,900) N/A N/A N/A N/A N/A N/A No Yes N/A


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. 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.

- Because the four Other Bids were submitted by one bidder, the Other Bidder name is omitted from this disclosure.

- 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 08/10/2012 cservicefdicdal@fdic.gov