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Bid Summary

Truman Bank, St Louis, MO
Closing Date: September 14, 2012

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:
Simmons First National Bank, Pine Bluff, AR
All deposit Whole Bank P&A with Loss Share and Optional Loan Pool 0.00% $(20,900) N/A N/A N/A 80% 80% N/A No Yes N/A
Cover:
None
N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Other Bid: All deposit Whole Bank P&A with Loss Share 0.00% $(31,725) N/A N/A N/A 80% 80% N/A No No - 1,2 N/A
Other Bid: All deposit Whole Bank P&A with Loss Share 0.00% $(34,300) N/A N/A N/A 80% 80% N/A No Yes N/A
Other Bid: All deposit Whole Bank P&A with Loss Share and Optional Loan Pool 0.00% $(52,800) N/A N/A N/A 80% 80% N/A No No - 2,3 N/A
Other Bid: All deposit Whole Bank P&A with Loss Share 0.00% $(54,750) N/A N/A N/A 80% 80% N/A No No - 4 N/A
Other Bid: All deposit Whole Bank P&A with Loss Share and Optional Loan Pool 0.00% $(54,750) N/A N/A N/A 80% 80% N/A No No - 4 N/A

Conforming Bid Notes:

1- Excludes approximately $30.0 million of OREO.
2- Includes an exclusive 90 day option to purchase a particular OREO property.
3- Requests a particular OREO property to be covered under loss share if the fair market value is below the current book value.
4- Excludes the true up structural feature and is contingent upon not being the winning bidder for another specific failing bank.

Other Bidder Names & Locations:

Bank of the Ozarks, Little Rock, AR
Great Southern Bank, Reeds Spring, MO
Simmons First National Bank, Pine Bluff, AR

Notes:


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