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Federal Deposit
Insurance Corporation

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

Bid Summary

First Federal Bank of California, Santa Monica, CA
Closing date: December 18, 2009

Winning Bidder:

OneWest Bank, FSB, Pasadena, CA

Winning Bid:

All deposits, whole bank with loss share - Asset Premium of $401 million, Deposit Premium 0%.

Cover (second place) Bidder:

People's United Bank, Bridgeport, CT

Cover Bid:

All deposits, whole bank with loss share - Asset Discount of $298 million, Deposit Premium 0%.

Other Bidder Names:

Bank of the West, San Francisco, CA
Ford Group Bank FSB, Dallas, TX

Other Bids:

All deposits, whole bank with loss share - Asset Discount of $425 million, Deposit Premium 0%.
All deposits, whole bank with loss share - Asset Discount of $480,254,216, Deposit Premium 0%.

Notes:

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