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Federal Deposit
Insurance Corporation

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

Bid Summary

Riverside National Bank of Florida, Fort Pierce, FL
Closing Date: April 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:
TD Bank, N.A., Wilmington, DE
All deposit whole bank with loss share 0.00% 0.00% 50% 80% N/A 50% 80% N/A No No(1) Yes
Cover (second place):
Branch Banking & Trust Company, Winston-Salem, NC
All deposit whole bank with loss share 0.00% -4.24% 80% 80% N/A 80% 80% N/A Yes Yes No
Other Bid: All deposit whole bank with loss share 0.00% 0.00% 50% 80% N/A 50% 80% N/A No No(1) No
Other Bid: All deposit whole bank with loss share 0.00% 0.00% 50% 80% N/A 50% 80% N/A No No(1) No
Other Bid: All deposit whole bank with loss share 0.00% 0.00% 50% 80% N/A 50% 80% N/A No No(1) No
Other Bid: All deposit whole bank with loss share 0.00% -4.24% 80% 80% N/A 80% 80% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% -4.24% 80% 80% N/A 80% 80% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% -4.24% 80% 80% N/A 80% 80% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% 4.60% 80% 80% N/A 80% 80% N/A No Yes No
Other Bid: All deposit whole bank with loss share 0.00% 4.60% 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% 4.60% 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% 4.60% 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit whole bank with loss share 1.11% -6.79% 80% (4) 80% N/A 80% 80% N/A Yes Yes No
Other Bid: All deposit whole bank with loss share 1.11% -6.79% 80% (4) 80% N/A 80% 80% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 1.11% -6.79% 80% (4) 80% N/A 80% 80% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 1.11% -6.79% 80% (4) 80% N/A 80% 80% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 1.00% -7.91% 80% 80% N/A 80% 80% N/A No Yes No
Other Bid: All deposit whole bank with loss share 1.00% -8.02% 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit whole bank with loss share 0.00% -8.10% 80%(3) 80% N/A 80% 80% N/A No No(2) No
Other Bid: All deposit whole bank with loss share 0.00% -8.10% 80%(3) 80% N/A 80% 80% N/A No No(2) Yes
Other Bid: All deposit whole bank with loss share 0.00% -8.10% 80%(3) 80% N/A 80% 80% N/A No No(2) Yes
Other Bid: All deposit whole bank with loss share 0.00% -8.10% 80%(3) 80% N/A 80% 80% N/A No No(2) Yes
Other Bid: All deposit whole bank with loss share 1.00% -8.25% 80% 80% N/A 80% 80% N/A Yes Yes No
Other Bid: All deposit whole bank with loss share 1.00% -8.36% 80% 80% N/A 80% 80% N/A Yes Yes Yes
Other Bid: All deposit whole bank with loss share 1.00% -8.42% 80% 80% N/A 80% 80% N/A No Yes Yes
Other Bid: All deposit whole bank with loss share 1.00% -8.75% 80% 80% N/A 80% 80% N/A Yes Yes Yes

(1) Non-conforming due to modification of Loss Share % from 80/20 to 50/50, reduction in Intrinsic Loss. from $743 million to $442 million and modification of True-up provision.

(2) Non-conforming due to modification of True-up provision.

(3) The bid includes a component whereby the bidder will cover 100% of the initial losses incurred up to 25.7% of the total book value of loss share assets. Once this amount of losses is absorbed by the acquirer, the loss share structure shown above becomes effective.

(4) The bid includes a component whereby the bidder will cover 100% of the initial losses incurred up to 2.54% of the total book value of loss share assets. Once this amount of losses is absorbed by the acquirer, the loss share structure shown above becomes effective.

Other Bidder Names & Locations:

Branch Banking & Trust Company, Winston Salem, North Carolina
Centennial Bank, Conway, Arkansas
TD Bank, N.A., Wilmington, Delaware

Notes:


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