Filed by: First Community Bancorp
pursuant to Rule 425 under
the Securities Act of 1933
Subject Company: Marathon Bancorp
(Commission File No. 000-12510)
THE FOLLOWING IS A SPREADSHEET PROVIDED BY FIRST COMMUNITY BANCORP TO SNL PUBLICATIONS DEMONSTRATING THE COMPUTATION OF THE MERGER CONSIDERATION A MARATHON BANCORP SHAREHOLDER WOULD RECEIVE AT VARIOUS AVERAGE PRICES OF FIRST COMMUNITY BANCORP COMMON STOCK.
| FCBP Price |
Exchange Ratio |
Stock Consid |
Cash Consid |
FD Consid per MARB Shr |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $ | 18.00 | 0.1600 | $ | 2.88 | $ | 1.68 | $ | 4.56 | ||||
| $ | 18.50 | 0.1600 | $ | 2.96 | $ | 1.68 | $ | 4.64 | ||||
| $ | 19.00 | 0.1600 | $ | 3.04 | $ | 1.68 | $ | 4.72 | ||||
| $ | 19.50 | 0.1600 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 20.00 | 0.1560 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 20.50 | 0.1522 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 21.00 | 0.1486 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 21.50 | 0.1451 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 22.00 | 0.1418 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 22.50 | 0.1387 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 23.00 | 0.1357 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 23.30 | 0.1339 | $ | 3.12 | $ | 1.68 | $ | 4.80 | ||||
| $ | 23.50 | 0.1339 | $ | 3.15 | $ | 1.68 | $ | 4.83 | ||||
| $ | 24.00 | 0.1339 | $ | 3.21 | $ | 1.68 | $ | 4.89 | ||||
| $ | 24.50 | 0.1339 | $ | 3.28 | $ | 1.68 | $ | 4.96 | ||||
| $ | 25.00 | 0.1339 | $ | 3.35 | $ | 1.68 | $ | 5.03 | ||||
| $ | 25.50 | 0.1339 | $ | 3.41 | $ | 1.68 | $ | 5.09 | ||||
| $ | 26.00 | 0.1339 | $ | 3.48 | $ | 1.68 | $ | 5.16 | ||||
| $ | 26.50 | 0.1339 | $ | 3.55 | $ | 1.68 | $ | 5.23 | ||||
| $ | 27.00 | 0.1339 | $ | 3.62 | $ | 1.68 | $ | 5.30 | ||||
| $ | 27.50 | 0.1339 | $ | 3.68 | $ | 1.68 | $ | 5.36 | ||||
| $ | 28.00 | 0.1339 | $ | 3.75 | $ | 1.68 | $ | 5.43 | ||||
| $ | 28.50 | 0.1339 | $ | 3.82 | $ | 1.68 | $ | 5.50 | ||||
| $ | 29.00 | 0.1339 | $ | 3.88 | $ | 1.68 | $ | 5.56 | ||||
| $ | 29.50 | 0.1339 | $ | 3.95 | $ | 1.68 | $ | 5.63 | ||||
| $ | 30.00 | 0.1339 | $ | 4.02 | $ | 1.68 | $ | 5.70 | ||||
| Key | ||
| FCBP Price: | average price of First Community Bancorp common stock over fifteen-day averaging period. | |
Stock Consid: |
amount of consideration per share allocated to common stock. |
|
Cash Consid: |
amount of consideration per share allocated to cash. |
|
FD Consid per MARB Shr: |
fully diluted consideration per share of Marathon Bancorp common stock. |
|