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Bid Summary

Oglethorpe Bank, Brunswick, GA
Closing Date: January 14, 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: Bank of The Ozarks, Little Rock, AR All deposit whole bank with loss share 0.00% $(38,000) 80% 80% NA 80% 80% NA No No(1) N/A
Other Bids: None                        

(1) Non conforming bid excluded all securities, excluded FHLB advances, and included language giving the acquirer the ability to close a branch within 12 months of the closing date of the transaction.


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