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Bid Summary

Appalachian Community Bank, F.S.B., McCaysville, GA
Closing Date: December 17, 2010

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:
Peoples Bank of East Tennessee, Madisonville, TN
All deposit whole bank with loss share 0.00% $ (8,500) 80% 80% N/A 80% 80% N/A No No(1) Yes
Other Bids: None                        

(1) The acquirer did not accept Certificates of Deposit outside of the bank's core business area.


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