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Federal Deposit
Insurance Corporation

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

Bid Summary

Los Padres Bank, Solvang, CA
Closing Date: August 20, 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: Pacific Western Bank, San Diego, CA All deposit whole bank with loss share 0.45% $0 80% 80% N/A 80% 80% N/A No Yes N/A
Cover (second place) - First Citizens Bank & Trust Company, Raleigh, NC Insured Deposit Whole Bank with Loss Share 0.00% $ (67,200) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 0.00% $ (67,200) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 0.375% $ (74,683) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 0.375% $ (74,683) 80% 80% N/A 80% 80% N/A No No N/A

Other Bidder Names:

First Citizens Bank & Trust Company, Raleigh, NC
Opportunity Bank, NA, Richardson, TX

Notes:


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