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Federal Deposit
Insurance Corporation

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

Bid Summary

Citizens Bank of Effingham, Springfield, GA
Closing Date: February 18, 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:
HeritageBank of the South, Albany, GA
All deposit whole bank with loss share 1.00% $(25,100) 80% 80% N/A 80% 80% N/A No Yes N/A
Cover:
HeritageBank of the South, Albany, GA
All deposit whole bank with loss share 1.00% $(21,700) 80% 80% N/A 80% 80% N/A No No N/A
Other Bid: All deposit whole bank with loss share 1.00% $(20,500) 80% 80% N/A 80% 80% N/A No No N/A
Other Bid: All deposit whole bank without loss share 1.00% $(6,900) N/A N/A N/A N/A N/A N/A No No N/A
Other Bid: Clean Purchase and Assumption 1.00% N/A N/A N/A N/A N/A N/A N/A N/A No N/A

Other Bidder Names & Locations:

Omitted from this disclosure

Notes:


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