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Bid Summary

Doral Bank, San Juan, PR
Closing Date: 02/27/2015

  Optional Pools
Name / State Type of Transaction Deposit Premium % Asset Ppremium/(Discount) $(000) Perf SFR (% of BV) Perf SFR (% of BV) Perf SFR-Modified (% of BV) Non-Perf SFR (% of BV) Perf CRE &C&I (% of BV) Perf & Non-Perf Res (% of BV) Gvt Guaranteed Loans (% of BV) Perf & Non Perf CRE (% of BV) SFR (% of BV) ADC & Land (% of BV) CRE (% of BV) CRE Other (% of BV ) C&I (% of BV) OREO Pool (% of BV) Conforming Bid
Winning Bids & Bidder's Location Combination:
1) Banco Popular, Hato Rey, PR All deposit Basic P&A with Optional loan pools 1.59% N/A 98.50% 91.00% N/A N/A 84.75% N/A 85.60% N/A 100.97% 102.95% 98.85% 99.19% 93.46% N/A Y
2) TPG Opportunity Partners, III A LP, Forth Worth,TX Asset Pool N/A N/A N/A N/A 57.61% 35.02% N/A 39.93% N/A 23.01% N/A N/A N/A N/A N/A N/A Y
                                     
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 N/A N/A N/A N/A N/A N/A
Other: All deposit Basic P&A with Optional loan pools 1.59% N/A 98.50% 91.00% N/A N/A 84.75% N/A 85.60% N/A 100.97% 102.95% 98.85% 99.19% 93.46% N/A Y
Other: All Deposit Whole Bank 1.59% ($870,605) N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Y
Other: All Deposit Whole Bank 1.59% ($870,605) N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N - 1
Other: All deposit Basic P&A with Optional loan pools 0.00% N/A N/A N/A N/A N/A N/A N/A N/A N/A 99.73% 99.73% 99.73% 99.73% 99.73% N/A N - 2
Other: All deposit Basic P&A with Optional loan pools 0.00% N/A N/A N/A N/A N/A N/A N/A N/A N/A 99.73% 99.73% 99.73% 99.73% 99.73% N/A N - 2
Other: All deposit Basic P&A with Optional loan pools 0.98% N/A 25.86% 25.86% 10.00% N/A 25.86% N/A N/A N/A 99.00% 99.00% 99.00% 99.00% 99.00% N/A Y
Other: All deposit Basic P&A with Optional loan pools 0.98% N/A 25.86% 25.86% 10.00% N/A 25.86% N/A N/A N/A 99.00% 99.00% 99.00% 99.00% 99.00% N/A N - 3
Other: All deposit Basic P&A with Optional loan pools 0.98% N/A 23.20% 23.20% N/A N/A 23.20% N/A N/A N/A 99.00% 99.00% 99.00% 99.00% 99.00% N/A Y
Other: All deposit Basic P&A with Optional loan pools 0.98% N/A 23.20% 23.20% N/A N/A 23.20% N/A N/A N/A 99.00% 99.00% 99.00% 99.00% 99.00% N/A N - 3
Other: All deposit Basic P&A with Optional loan pools 1.07% N/A 25.86% 25.86% 10.00% N/A 25.86% N/A N/A N/A 40.37% 74.94% 88.29% 57.52% 67.98% N/A Y
Other: All deposit Basic P&A with Optional loan pools 1.07% N/A 23.20% 23.20% N/A N/A 23.20% N/A N/A N/A 40.37% 74.94% 88.29% 57.52% 67.98% N/A Y
Other: Asset Pool N/A N/A N/A N/A N/A N/A N/A N/A N/A 23.01% N/A N/A N/A N/A N/A N/A Y
Other: Asset Pool N/A N/A N/A N/A 57.61% 35.02% N/A 39.93% N/A N/A N/A N/A N/A N/A N/A N/A Y
Other: OREO N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10.00% Y
Other: Asset Pool N/A N/A N/A N/A N/A N/A N/A N/A N/A 13.00% N/A N/A N/A N/A N/A N/A N - 4

Whole Bank P&A bids have one discount amount. The OREO is bid separately.
Basic P&A with optional loan pool bids include separate pool pricing for each selected pool.
Bids less than the optional OREO pool reserve price were not factored into the total bid cost.

Conforming Bid Notes:

1- Excludes an accounts receivable asset with a book value of $16.4 million.
2- Includes U.S. mainland operations and related deposits and excludes Puerto Rico operations and related deposits, resulting in a partial payout of insured deposits.
3- Bid for Doral Money subsidiary linked to bid for deposits and loan pools.
4- Reserves right during post-close due diligence period to terminate Loan Sale Agreement and receive refund of earnest money deposit if final review does not confirm its original legal and title due diligence.

Other Bidder Names & Locations:

AM PR LLC, New York, NY
Banco Popular, Hato Rey, PR
Centennial Bank, Conway, AR
LSREF3 Island Holdings, LTD, Hamilton Bermuda
Oriental Bank, San Juan, PR
TPG Opportunity Partners III A LP, Dallas, TX

Notes:

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