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Bid Summary

First State Bank of Altus, Altus, OK
Closing Date: July 31, 2009

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: Herring Bank, Amarillo, TX All deposit whole bank 0.00% $ 40 N/A N/A NA N/A N/A NA No Yes N/A
Cover (Second Place)First National Bank in Altus Altus, OK All deposit whole bank 0.00% $ 8 N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid All deposit whole bank with loss share 0.86% 0 80% 95% N/A 80% 95% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 1.00% $(1,450) 80% 95% N/A 80% 95% N/A No No(1) N/A
Other Bid All deposit whole bank with loss share 1.00% $(1,950) 80% 95% N/A 80% 95% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 1.50% $(2,200) 80% 95% N/A 80% 95% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 2.06% $(3,470) 80% 95% N/A 80% 95% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 1.25% $(3,580) 80% 95% N/A 80% 95% N/A No No(2) N/A
Other Bid All deposit whole bank 0.00% $(3,850) N/A N/A N/A N/A N/A N/A No Yes N/A
Other Bid All deposit whole bank with loss share 0.00% $(4,390) 80% 95% N/A 80% 95% N/A No Yes N/A
Other Bid All deposit whole bank with loss share 1.00% $(5,230) 80% 95% N/A 80% 95% N/A No Yes N/A
Other Bid All deposit whole bank 0.00% $(6,700) N/A N/A N/A N/A N/A N/A No No(1) N/A
Other Bid All deposit whole bank with loss share 0.51% $(6,750) 80% 95% N/A 80% 95% N/A No Yes N/A
Other Bid All deposit whole bank 0.00% $(7,190) N/A N/A N/A N/A N/A N/A No Yes N/A

(1) Non-conforming due to condition for purchase of failing bank's premises & FF&E at fixed price instead of standard 90 day option to purchase at market value
(2) Non-conforming due to exclusion of subsidiaries from the transaction

Other Bidder Names:

Arvest Bank, Fayetteville, AR
First National Bank & Trust Co., Shawnee, OK
First National Bank in Altus, Altus, OK
First United Bank, Dimmitt, TX
Great Plains National Bank, Elk City, OK
Great Southern Bank, Reeds Spring, MO
Herring Bank, Amarillo, TX
MidFirst Bank, Oklahoma City, OK

Notes:


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