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Federal Deposit
Insurance Corporation

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

Bid Summary

Sterling Bank, Lantana, FL
Closing Date: July 23, 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:
IBERIABANK, Lafayette, LA
All deposit whole bank with loss share 0.00% $ (14,630) 80% 80% N/A 80% 80% N/A No Yes N/A
Cover (second place):
Centennial Bank, Conway, AR
All deposit whole bank with loss share 0.00% $(28,499) 70% 80% N/A 70% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(25,216) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.51% $(26,856) 80% 80% N/A 80% 80% N/A Yes Yes N/A
Other Bid: All deposit whole bank with loss share 0.10% $(28,665) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.10% $(32,341) 75% 75% N/A 75% 75% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $(42,000) 80% 80% N/A 80% 80% N/A No Yes N/A

Other Bidder Names & Locations:

First Southern Bank, Boca Raton, FL
Sovereign Bank, Dallas, TX
Stonegate Bank, Fort Lauderdale, FL

Notes


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