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Federal Deposit
Insurance Corporation

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

Colonial Bank, Montgomery, AL
Closing Date: August 14, 2009

Winning Bidder:

Branch Banking and Trust Company (BB&T), Winston-Salem, NC

Winning Bid:

All deposits, whole bank with loss share – Asset Discount of $1.462 billion for loss share assets, a price of 86.1% for consumer loans not covered under loss share, and a Deposit Premium of 2.77%.

Cover (second place) Bidder:

TD Bank, N.A., Portland, ME

Cover Bid:

All deposits, whole bank with loss share – Asset Discount of $1.7521 billion, Deposit Premium 2.50%.

Other Bidder Name & Location:

Branch Banking and Trust Company (BB&T)

Other Bids:

All deposit, modified whole bank with loss share – Pool bids plus Deposit Premium of 0%.

Notes:


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