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Bid Summary

Virginia Business Bank, Richmond, VA
Closing Date: July 29, 2011

Bidder Type of Transaction Deposit Premium % 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:
Xenith Bank, Richmond, VA
All deposit whole bank 0.00% $ (23,756) N/A N/A N/A N/A N/A N/A No Yes N/A
Cover:
SONABANK, McLean, VA
All deposit whole bank with loss share 1.00% $(8,313) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.00% $ (10,464) 80% 80% N/A 80% 80% N/A No Yes N/A

Other Bidder Names & Locations:

First Community Bank, Bluefield, Virginia

Notes:


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