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Bid Summary

First National Bank of Anthony
Anthony, KS
Closing Date: June 19, 2009

Winning Bidder: Bank of Kansas, South Hutchinson, KS

Winning Bid: All deposits, whole bank with loss share - Asset Discount of $14.95 million, Deposit Premium 0.5%

There was only one bid for this institution


- The Acquiring Institutionís bid for a Whole Bank All Deposits with Loss Share P&A transaction 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. The loss share agreement was valued using a discounted cash flow analysis for the loss share portfolio over the life of the loss share agreement.

Last Updated 03/05/2010 cservicefdicdal@fdic.gov