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Federal Deposit
Insurance Corporation

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

Bid Summary

Peoples State Bank, Hamtramck, MI
Closing Date: February 11, 2011

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: First Michigan Bank, Troy, MI All deposit whole bank with loss share 0.25% $(46,430) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bids: None                        


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