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Federal Deposit
Insurance Corporation

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

Bid Summary

Frontier Bank, FSB, Palm Desert, CA
Closing Date: November 7, 2014

Bidder Type of Transaction Deposit Premium/(Discount) % Asset Premium/(Discount) $(000) / % Optional OREO Bid Branch Option Conforming Bid
Winning Bid and Bidder: Bank of Southern California, N.A., San Diego, CA All deposit whole bank 1.06% $(3,555) 50% Y Y
Cover Bid: American First National Bank, Houston, TX All deposit whole bank 0.00% $ (4,850) 85% Waive Y
Other Bid:   All deposit whole bank 0.00% $(5,300) Waive Y N, See Note A
Other Bid:   All deposit whole bank 0.00% $(6,150) 40% Y Y
Other Bid:   All deposit whole bank 0.00% $(6,150) Waive Y Y
Other Bid:   All deposit whole bank 0.00% $(6,185) 69% Waive Y
Other Bid:   All deposit whole bank 0.00% $(6,185) Waive Waive Y
Other Bid:   Insured deposit whole bank 1.00% $(7,803) 71% Waive Y
Other Bid:   All deposit whole bank 1.00% $(7,803) 71% Waive Y
Other Bid:   NA NA NA See Note B NA N, See Note B

Note A - This bid excluded the Utah Loan Pool
Note B - This bid was for a discount of $2.768 million for only the Utah loan pool and OREO, and it did not include the banking franchise or any other assets.

Other Bidder Names & Locations:

Cache Valley Bank, Logan, UT
First Foundation Bank, Irvine, CA
Pacific Premier Bank, Irvine, CA
United Fidelity Bank, Evansville, IN

Notes:

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