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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Bid Summary

Atlantic Bank and Trust
Charleston, SC
Closing Date: June 3, 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:
First Citizens Bank and Trust Company, Inc., Columbia, SC
All deposit whole bank with loss share 0.75% $ (7,000) 80% 80% N/A 80% 80% N/A No Yes N/A
Cover:
Bank of North Carolina, Thomasville, NC
All deposit whole bank with loss share 0.00% $(11,500) 80% 80% N/A 80% 95% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (12,990) 80% 80% N/A 80% 80% N/A Yes Yes N/A
Other Bid: All deposit whole bank with loss share 1.50% $ (15,115) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (15,790) 70% 80% N/A 70% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (24,490) 50% 80% N/A 50% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 1.50% $ (30,235) 0% 0% N/A 80% 80% N/A No Yes N/A

Other Bidder Names:

Bank of North Carolina, Thomasville, NC
Mutual of Omaha Bank, Omaha, NE

Notes:


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