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Federal Deposit
Insurance Corporation

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

Bid Summary

Waterford Village Bank, Williamsville, NY
Closing Date: July 24, 2009

Winning Bidder:

Evans Bank, National Association, Angola, NY

Winning Bid:

All deposits, whole bank with loss share – Asset Discount of $800,000, Deposit Premium 0%.

Cover (second place) Bidder:

Northwest Savings Bank, Warren, PA

Cover Bid:

All deposits, whole bank with loss share – Asset Discount of $1.1 million, Deposit Premium 0.55%.

Other Bidder Names & Locations:

M&T Bank, Oakfield, NY
Steuben Trust Company, Hornell, NY
The Lyons National Bank, Lyons, NY

Other Bids:

All deposits, whole bank with loss share – Asset Discount of $1.55 million, Deposit Premium 0%.

All deposits, whole bank with loss share – Asset Discount of $4.578 million, Deposit Premium 0%.

All deposits, whole bank with loss share – Asset Discount of $9.116 million, Deposit Premium 0.5%.

Notes:


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