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Federal Deposit
Insurance Corporation

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

Bid Summary

First National Bank of the South, Spartanburg, SC
Closing Date: July 16, 2010

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:
NAFH National Bank, Charlotte, NC
All deposit whole bank with loss share 0.00% $(26,800) 80% 80% NA 80% 80% NA No Yes N/A
Cover (second place): IBERIABANK, Lafayette, LA All deposit whole
bank with loss share
0.00% $(38,500) 80% 80% NA 80% 80% NA No Yes N/A
Other Bid: None All deposit whole bank with loss share 0.00% $(56,282) 80% 80% N/A 80% 80% N/A No No N/A
Other Bid: None All deposit whole bank with loss share 0.50% $(65,900) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: None All deposit whole bank with loss share 0.50% $(84,200) 70% 70% N/A 70% 70% N/A No Yes N/A
Other Bid: None All deposit whole bank with loss share 0.00% $(85,000) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: None All deposit whole bank with loss share 0.00% $(94,974) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: None All deposit whole bank with loss share 0.00% $(98,200) 80% 80% N/A 80% 80% N/A No Yes N/A

Other Bidder Names:

Notes:

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