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Loan Sales Announcements

OFFERING ANNOUNCEMENT
FDIC Offering #NOV-13-23 & #NOV-13-229

$65MM Performing and Non-Performing Commercial Real Estate, Residential, Asset Based Lending and C&I Loans and Non-Lead Loan Participations

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FDIC Offering #NOV-13-228
$20MM Performing and Non-Performing Commercial Real Estate Loan Participations
(Participation in this offering restricted to FDIC-insured institutions only)

On behalf of the Federal Deposit Insurance Corporation (FDIC) as Receiver for NOVA Bank, Berwyn, PA, First Financial Network, Inc. (www.ffncorp.com) is pleased to announce Offerings #NOV-13-23, #NOV-13-229 and #NOV-13-228.

Offering #NOV-13-23 and #NOV-13-229 consists of approximately 500 commercial real estate, residential, C&I, Asset Based Lending and Home Equity Lines of Credit loans totaling nearly $65 million. In addition, the portfolio contains 35 non-lead loan participations. Collateral properties are located in Pennsylvania, New Jersey, New York and Florida. Offering #NOV-13-23 and #NOV-13-229 is open to all investors that meet FDIC's vetting requirements. Bidders who meet these requirements may perform due diligence online. To review the vetting requirements to access due diligence information, please click here – FDIC Level 2 Requirements.

Offering #NOV-13-228 consists of 13 bank loan participations totaling approximately $20 million for which NOVA Bank was the lead lender. The loans are secured by various commercial real estate properties located predominately in Pennsylvania. The largest loan has an unpaid principal balance of approximately $3.6MM. This offering is available only to FDIC- insured depository institutions. The loan participations will be sold on an individual basis and qualified bidders may perform due diligence online.

KEY DATES FOR ALL OFFERINGS

Announcement Date January 23, 2013
Investor Due Diligence February 13, 2013 – March 12, 2013
Bid Date March 12, 2013 – 12:00 pm CT
Final Funding/Closing/Transfer March 28, 2013

For information regarding this offering, please visit www.ffncorp.com or contact FFN's Investor Relations team at IR@ffncorp.com or 405-748-4100.

This advertisement is an announcement only and does not constitute an offer to sell, or a solicitation of an offer to buy, any loans or any interest therein. Information concerning the loans will be furnished only to persons who demonstrate that they have a level of financial sophistication and resources sufficient to evaluate and bear the risks of an investment in the loans. The loans, assets or portfolios may be offered "AS IS" and without any representations or warranties of any kind whatsoever by any entity.



FDIC markets loans through the following sales advisors:

First Financial Network DebtX, The Debt Exchange
www.firstfinancialnet.com www.debtx.com
405-748-4100 617-531-3400

Mission Capital Advisors  
www.missioncap.com  
212-925-6692  

When FDIC has loans available for sale they will be assigned to one of the three loan sale advisors and the loans will be marketed on their respective websites. The loan sale advisors will provide approved bidders information on the loan pool(s) being offered for sale. Each advisor has the ability to offer both electronic due diligence on their website and hard copy due diligence. Each of their websites has an internet bid platform where bids on FDIC loan sales will be submitted.

If you are interested in participating in a loan sale offering, you are recommended to contact each of the loan sale advisors and request an account on their web site. Each advisor has their own requirements for granting access to their site. You are encouraged to make application so you will receive notice of any FDIC loan sale offering.


Last Updated 02/14/2013 assetmarketing@fdic.gov