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Bid Summary

Paramount Bank, Farmington Hills, MI
Closing Date: December 10, 2010

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:
Level One Bank Farmington Hills, MI
All deposit whole bank with loss share 0.00% $ (38,600) 80% 0% 80% 80% 20% 80% No Yes Yes
Cover: First Michigan Bank, Troy, MI All deposit whole bank with loss share 0.50% $ (40,000) 80% 80% N/A 80% 80% N/A No Yes N/A
Other Bids: None                        


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