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Bid Summary

Security Bank of Gwinnett County, Suwanee, GA
Closing Date: July 24, 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:
State Bank and Trust Co., Pinehurst, GA
All deposit whole bank with loss share 0.00% $(70,000) 80% 95% N/A 80% 95% N/A No Yes Yes
Other Bids: none                        


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