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Bid Summary

Bartow County Bank
Cartersville, GA
Closing Date: April 15, 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:
Hamilton State Bank Hoschton, GA
All deposit whole bank with loss share 1.00% $(34,400) 80% 80% NA 80% 80% NA No Yes No
Cover - Bank of the Ozarks, Little Rock, AR All deposit whole bank with loss share 0.00% $(42,900) 80% 80% N/A 80% 80% N/A No Yes No
Other bid All deposit modified whole bank with loss share 0.00% $(31,400) 80% 80% NA 80% 80% NA No Yes No

Other Bidder Names:
Hamilton State Bank, Hoschton, GA



- 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. If any bids were received that would have been more costly than liquidation they have been excluded from this summary.

- The Cover bid is the least costly bid after excluding all bids submitted by the winning bidder.

- 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.

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


Last Updated 04/16/2012 cservicefdicdal@fdic.gov