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Federal Deposit
Insurance Corporation

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

Bid Summary

Security Bank of North Fulton, Alpharetta, GA
Closing Date: July 24, 2009

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:
State Bank and Trust Co., Pinehurst, GA
All deposit whole bank with loss share 0.00% $(17,000) 80% 95% N/A 80% 95% N/A No Yes Yes
Cover (second place): Hamilton State Bank, Hoschton, GA All deposit whole bank with loss share 1.00% $(18,000) 80% 95% N/A 80% 95% N/A No Yes No
Other bid P&A with Optional Loan Pool 0.1619% N/A N/A N/A N/A N/A N/A N/A No Yes No

Other Bidder Names & Locations:

Georgia Commerce Bank, Atlanta, GA

Notes:


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