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Bid Summary

Guaranty Bank, Milwaukee, WI, (d/b/a BestBank in Georgia & Michigan)
Closing Date: May 5, 2017

Bidder Type of Transaction Deposit Premium % Asset Premium/ (Discount) $(000) Optional Loan Pool (Performing SFR 1st Liens) (% of BV) Optional Loan Pool (Performing SFR 2nd Liens, HELOCs) (% of BV) Optional Loan Pool (Non-Performing SFR) (% of BV) Optional Loan Pool (Student Loans) (% of BV) Optional Loan Pool (Performing Government Guaranteed) (% of BV) Optional Loan Pool (Non-Performing Ginnie Mae Buyout) (% of BV) Optional Loan Pool (All ADC, CRE, C&I) (% of BV) Optional OREO Pool (% of BV) Conforming Bid
Winning Bid and Bidder:
First-Citizens Bank & Trust Company, Raleigh, NC
All deposit Whole Bank 0.00% ($147,500) N/A N/A N/A N/A N/A N/A N/A No Bid No - 1
Cover Bid:
Great Southern Bank
All deposit Basic P&A with Optional Loan Pools 0% N/A 76.72% 76.72% 76.72% N/A 76.72% N/A 76.72% No Bid No - 2,3,4
Other Bids:                        
Other: All deposit Basic P&A with Optional Loans Pools 0.00% N/A 75.00% 75.00% 75.00% N/A 75.00% N/A 75.00% No Bid No - 2,3,4
Other: All deposit Whole Bank 0.00% ($149,00) N/A N/A N/A N/A N/A N/A N/A No Bid Yes

Conforming Bid Notes:

1- Requests that full service branches located in Illinois and Minnesota close after 3 months and all grocery store branches not be reopened. After the branches close, the acquirer has an option to occupy those branches for up to 180 days after Bank closing date without any obligation to purchase or assume any leases or other obligations for the premises nor any obligation to purchase or assume any FF&E.
2- Requests that 2 full service branches in Illinois and Minnesota and 88 grocery stores branches will not reopen.
3- Excludes all securities and the majority of other assets.
4- Requests numerous non-conforming stipulations, including pre-negotiation of Corporate office leases and an option to occupy bank branch premises for up to 240 days.

Other Bidder Names & Locations:

Great Southern Bank, Springfield, MO

Notes:


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