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Federal Deposit
Insurance Corporation

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

Bid Summary

Western National Bank, Phoenix, AZ
Closing Date: December 16, 2011

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:
Washington Federal, Seattle, WA
All deposit whole bank P&A 0.00% $(53,138) N/A N/A N/A N/A N/A N/A No Yes N/A
Cover:
Stearns Bank, N.A., Saint Cloud, MN
All deposit whole bank with loss share 0.50% $ (12,300) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank with loss share 0.50% $(15,714) 80% 80% N/A 80% 80% N/A No No* N/A
Other Bid: All deposit whole bank with loss share 0.50% $(19,465) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit whole bank P&A 0.50% $(81,681) N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid: All deposit whole bank P&A 0.00% $(84,900) N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid: All deposit whole bank P&A 1.00% $(85,750) N/A N/A N/A N/A N/A N/A No Yes N/A


*The bid was non-conforming because it excluded $22.3 million in Residential Real Estate Loans

Other Bidder Names & Locations:

First Scottsdale Bank, N.A., Scottsdale, AZ
Grandpoint Bank, Los Angeles, CA
Stearns Bank, N.A., Saint Cloud, MN

Notes:


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