Purchase And Assumption Agreement Sample Contracts

Share Cite Term
Link

Embed (HTML)
Customers Bancorp – Amended and Restated Purchase and Assumption Agreement and Plan of Merger (November 20th, 2017)

This Amended and Restated Purchase and Assumption Agreement and Plan of Merger (this "Agreement"), dated as of November 17, 2017, is entered into among BankMobile Technologies, Inc., a Pennsylvania corporation ("SpinCo"), Customers Bank, a bank organized in the Commonwealth of Pennsylvania ("CB"), and Customer's Bancorp, Inc., a Pennsylvania corporation ("Bancorp" and together with SpinCo and CB, "Seller"), and Flagship Community Bank, a Florida chartered bank ("Buyer").

PURCHASE AND ASSUMPTION AGREEMENT BETWEEN QCR HOLDINGS, INC. AND GUARANTY BANKSHARES, LTD. June 8, 2017 (June 8th, 2017)

THIS PURCHASE AND ASSUMPTION AGREEMENT (together with all exhibits and schedules, this Agreement) is entered into as of June 8, 2017, by and between QCR Holdings, Inc., a Delaware corporation (Acquiror), and Guaranty Bankshares, Ltd., an Iowa corporation (the Company).

Hancock Holding Company – Purchase and Assumption Agreement (May 3rd, 2017)

THIS AGREEMENT, made and entered into as of the 28th day of April, 2017, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of FIRST NBC BANK, NEW ORLEANS, LA (the "Receiver"), WHITNEY BANK, organized under the laws of the State of Mississippi, and having its principal place of business in GULFPORT, MS (the "Assuming Institution"), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the "Corporation").

Customers Bancorp – Purchase and Assumption Agreement (March 8th, 2017)

This Purchase and Assumption Agreement (this "Agreement"), dated as of March 7, 2017, is entered into among Customers Bank, a bank organized in the Commonwealth of Pennsylvania ("CB") and Customer's Bancorp, Inc., a Pennsylvania corporation ("Bancorp" and together with CB, "Seller"), and Flagship Community Bank, a Florida chartered bank ("Buyer").

Shore Bancshares Inc – PURCHASE AND ASSUMPTION AGREEMENT Dated as of January 10, 2017 Between NORTHWEST BANK and SHORE UNITED BANK (January 10th, 2017)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of January 10, 2017 (the "Agreement"), between Northwest Bank, a Pennsylvania-chartered savings bank with its principal office located in Warren, Pennsylvania (the "Seller"), and Shore United Bank, a Maryland-chartered bank with its principal office located in Easton, Maryland (the "Purchaser").

Hancock Holding Company – PURCHASE AND ASSUMPTION AGREEMENT Dated as of December 30, 2016 Between FIRST NBC BANK and WHITNEY BANK (January 6th, 2017)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of December 30, 2016, between First NBC Bank, a Louisiana state-chartered non-member bank with its principal office located in New Orleans, Louisiana ("Seller"), and Whitney Bank, a Mississippi state-chartered non-member bank, with its principal office located in Gulfport, Mississippi ("Purchaser").

First Nbc Bank Holding Company – EXECUTION VERSION W/2841193v8 PURCHASE AND ASSUMPTION AGREEMENT Dated as of December 30, 2016 Between FIRST NBC BANK and WHITNEY BANK (January 6th, 2017)
Riverview Bancorp Inc – PURCHASE AND ASSUMPTION AGREEMENT Among Riverview Community Bank, a Federal Savings Bank, and Riverview Bancorp, Inc. A Washington Corporation, and MBank, an Oregon State-Chartered Commercial Bank, and Merchants Bancorp, an Oregon Corporation, Dated as of September 28, 2016. (September 29th, 2016)

THIS PURCHASE AND ASSUMPTION AGREEMENT (this "Agreement"), dated as of September 28, 2016, is made by and among Riverview Community Bank, a federal savings bank with its main office located in Vancouver, Washington ("Riverview"), Riverview Bancorp, Inc. a Washington corporation and the sole shareholder of Riverview ("Riverview Bancorp"), MBank, an Oregon state-chartered commercial bank with its main office located in Gresham, Oregon ("MBank"), and Merchants Bancorp, an Oregon corporation and the sole shareholder of MBank ("Merchants Bancorp").

First Commonwealth Financial Corporation – PURCHASE AND ASSUMPTION AGREEMENT Dated as of July 26, 2016 Between FIRSTMERIT BANK, NATIONAL ASSOCIATION and FIRST COMMONWEALTH BANK (July 27th, 2016)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of July 26, 2016, between FirstMerit Bank, National Association, a national banking association, organized under the laws of the United States, and a wholly-owned subsidiary of FirstMerit Corporation, an Ohio corporation ("FirstMerit") with its principal office located in Akron, Ohio ("Seller"), and First Commonwealth Bank, a Pennsylvania bank and trust company, with its principal office located in Indiana, Pennsylvania ("Purchaser").

Atlantic Capital Bancshares, Inc. – Purchase and Assumption Agreement (March 30th, 2016)

THIS PURCHASE AND ASSUMPTION AGREEMENT (this "Agreement"), dated as of December 17, 2015 is between FIRST FREEDOM BANK, a Tennessee-chartered commercial bank ("Purchaser") and ATLANTIC CAPITAL BANK, N.A., a national bank ("Seller").

Atlantic Capital Bancshares, Inc. – Amendment to the Purchase and Assumption Agreement (March 30th, 2016)

THIS AMENDMENT (this "Amendment") is made and entered into as of this 29th day of January, 2016, by and between FIRST FREEDOM BANK, a Tennessee-chartered commercial bank ("Purchaser") and ATLANTIC CAPITAL BANK, N.A., a national bank ("Seller"), and amends that certain Purchase and Assumption Agreement (the "Agreement"), dated as of December 17, 2015, between Purchaser and Seller.

Atlantic Capital Bancshares, Inc. – Amendment to the Purchase and Assumption Agreement (March 30th, 2016)

THIS AMENDMENT (this "Amendment") is made and entered into as of this 17th day of December, 2015, by and between ATHENS FEDERAL COMMUNITY BANK, NATIONAL ASSOCIATION, a national bank ("Purchaser") and ATLANTIC CAPITAL BANK, N.A., a national bank ("Seller"), and amends that certain Purchase and Assumption Agreement (the "Agreement"), dated as of December 17, 2015, between Purchaser and Seller.

Atlantic Capital Bancshares, Inc. – Purchase and Assumption Agreement (March 30th, 2016)

THIS PURCHASE AND ASSUMPTION AGREEMENT (this "Agreement"), dated as of December 17, 2015 between ATHENS FEDERAL COMMUNITY BANK, NATIONAL ASSOCIATION, a national bank ("Purchaser") and ATLANTIC CAPITAL BANK, N.A., a national bank ("Seller").

PURCHASE AND ASSUMPTION AGREEMENT Dated as of March 3, 2016 Between First Community Bank and First Bank (March 7th, 2016)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of March 3, 2016 (this "Agreement"), between First Community Bank, a state-chartered banking corporation, organized under the laws of Virginia, with its principal office located in Bluefield, Virginia ("First Community" or "Seller"), and First Bank, a state-chartered banking corporation, organized under the laws of North Carolina, with its principal office located in Southern Pines, North Carolina ("First Bank" or "Purchaser").

PURCHASE AND ASSUMPTION AGREEMENT Dated as of March 3, 2016 Between First Bank and First Community Bank (March 7th, 2016)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of March 3, 2016 (this "Agreement"), between First Bank, a state-chartered banking corporation, organized under the laws of North Carolina, with its principal office located in Southern Pines, North Carolina ("First Bank" or "Seller"), and First Community Bank, a state-chartered banking corporation, organized under the laws of Virginia, with its principal office located in Bluefield, Virginia ("First Community" or "Purchaser").

First Community Bancshares, Inc. – PURCHASE AND ASSUMPTION AGREEMENT Dated as of March 3, 2016 Between First Community Bank and First Bank (March 4th, 2016)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of March 3, 2016 (this "Agreement"), between First Community Bank, a state-chartered banking corporation, organized under the laws of Virginia, with its principal office located in Bluefield, Virginia ("First Community" or "Seller"), and First Bank, a state-chartered banking corporation, organized under the laws of North Carolina, with its principal office located in Southern Pines, North Carolina ("First Bank" or "Purchaser").

First Community Bancshares, Inc. – PURCHASE AND ASSUMPTION AGREEMENT Dated as of March 3, 2016 Between First Bank and First Community Bank (March 4th, 2016)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of March 3, 2016 (this "Agreement"), between First Bank, a state-chartered banking corporation, organized under the laws of North Carolina, with its principal office located in Southern Pines, North Carolina ("First Bank" or "Seller"), and First Community Bank, a state-chartered banking corporation, organized under the laws of Virginia, with its principal office located in Bluefield, Virginia ("First Community" or "Purchaser").

Athens Bancshares Corp. – Purchase and Assumption Agreement (December 18th, 2015)

THIS PURCHASE AND ASSUMPTION AGREEMENT (this Agreement), dated as of December 17, 2015 between ATHENS FEDERAL COMMUNITY BANK, NATIONAL ASSOCIATION, a national bank (Purchaser) and ATLANTIC CAPITAL BANK, N.A., a national bank (Seller).

Cascade Bancorp – EXECUTION VERSION W/2567925 PURCHASE AND ASSUMPTION AGREEMENT Dated as of October 28, 2015 Between BANK OF AMERICA, NATIONAL ASSOCIATION and BANK OF THE CASCADES (October 29th, 2015)
PURCHASE AND ASSUMPTION AGREEMENT Dated as of October 28, 2015 Between BANK OF AMERICA, NATIONAL ASSOCIATION and REDDING BANK OF COMMERCE (October 29th, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of October 28, 2015 (this "Agreement"), between Bank of America, National Association, a national banking association, organized under the laws of the United States, with its principal office located in Charlotte, North Carolina ("Seller"), and Redding Bank of Commerce, a California state chartered bank, with its principal office located in Redding, California ("Purchaser").

Fidelity Southern Corporation – Purchase and Assumption Agreement Whole Bank All Deposits Among Federal Deposit Insurance Corporation, Receiver of the Bank of Georgia, Peachtree City, Georgia Federal Deposit Insurance Corporation and Fidelity Bank Dated as of October 2, 2015 (October 6th, 2015)

THIS AGREEMENT, made and entered into as of the 2nd day of October, 2015, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of THE BANK OF GEORGIA, PEACHTREE CITY, GEORGIA (the "Receiver"), FIDELITY BANK, organized under the laws of the State of Georgia, and having its principal place of business in Norcross, Georgia (the "Assuming Institution"), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the "Corporation").

Fs Bancorp Inc. – PURCHASE AND ASSUMPTION AGREEMENT Dated as of September 1, 2015 Between BANK OF AMERICA, NATIONAL ASSOCIATION and 1st SECURITY BANK (September 2nd, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of September 1, 2015 (this "Agreement"), between Bank of America, National Association, a national banking association, organized under the laws of the United States, with its principal office located in Charlotte, North Carolina ("Seller"), and 1st Security Bank, a state chartered savings bank, organized under the laws of the State of Washington, with its principal office located in Mountlake Terrace, Washington ("Purchaser").

Amended and Restated Purchase and Assumption Agreement (August 5th, 2015)
Sunshine Bancorp, Inc. – PURCHASE AND ASSUMPTION AGREEMENT Dated as of July 16, 2015 Between FIRST FEDERAL BANK OF FLORIDA and SUNSHINE BANK (July 17th, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of July 16, 2015 (this "Agreement"), between First Federal Bank of Florida, a federally chartered stock savings bank organized under the laws of the United States, with its principal office located in Lake City, Florida ("Seller"), and Sunshine Bank, a federally chartered stock savings bank organized under the laws of the United States, with its principal office located in Plant City, Florida ("Purchaser").

New Century Bancorp, Inc. (NC) – PURCHASE AND ASSUMPTION AGREEMENT by and Between SELECT BANK & TRUST COMPANY, a North Carolina Banking Corporation as Buyer and YADKIN BANK, a North Carolina Banking Corporation as Seller Dated as of June 19, 2015 (June 19th, 2015)

Schedule 1.1(A) - Loans Schedule 1.1(B) - Safe Deposit Contracts Schedule 1.1(E) - Legal Description of Real Property Schedule 1.1(F) - Branch Personal Property Schedule 1.3(A) - Deposits Schedule 2.9 - Consents Schedule 10.2 - Offer Employees

Purchase and Assumption Agreement (June 11th, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of and made effective on December 19, 2014, by and among BofI Federal Bank, a federal saving association, with its principal office located at 4350 La Jolla Village Drive, San Diego, California 92122 (Purchaser), Union Federal Savings Bank, a federal savings bank, with its principal office located at 1565 Mineral Spring Avenue, North Providence, Rhode Island 02904 (Seller), and, solely for purposes of Sections 7.7 and 7.11 and Articles 10, 11 and 12, The First Marblehead Corporation, a Delaware corporation, with its principal office located at 800 Boylston Street, 34th Floor, Boston, Massachusetts 02199 (Guarantor).

PURCHASE AND ASSUMPTION AGREEMENT Dated as of May 27, 2015 Between BANK OF AMERICA, NATIONAL ASSOCIATION and FIRST NATIONAL BANK OF PENNSYLVANIA (May 27th, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of May 27, 2015 (this Agreement), between Bank of America, National Association, a national banking association, organized under the laws of the United States, with its principal office located in Charlotte, North Carolina (Seller), and First National Bank of Pennsylvania, a national banking association, organized under the laws of the United States, with its principal office located in Pittsburgh, Pennsylvania (Purchaser).

Fidelity Southern Corporation – Purchase and Assumption Agreement (May 21st, 2015)

THIS PURCHASE AND ASSUMPTION AGREEMENT (this "Agreement"), dated as of May 20, 2015 between FIDELITY BANK, a Georgia bank ("Purchaser") and FIRST BANK, a Missouri bank ("Seller").

PURCHASE AND ASSUMPTION AGREEMENT Between BANCO POPULAR DE PUERTO RICO (Seller) and FIRSTBANK PUERTO RICO (Purchaser) (May 11th, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT (this Agreement) is entered into as of February 18, 2015 between Banco Popular de Puerto Rico (Seller), and FirstBank Puerto Rico (Purchaser, together with Seller, the Parties).

SCBT Financial Corporation – PURCHASE AND ASSUMPTION AGREEMENT Dated as of April 22, 2015 Between BANK OF AMERICA, NATIONAL ASSOCIATION and SOUTH STATE BANK (April 22nd, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of April 22, 2015 (this Agreement), between Bank of America, National Association, a national banking association, organized under the laws of the United States, with its principal office located in Charlotte, North Carolina (Seller), and South State Bank, a South Carolina state chartered bank, organized under the laws of South Carolina, with its principal office located in Columbia, South Carolina (Purchaser).

Centerstate Banks of Florida, Inc. – Purchase and Assumption Agreement by and Among Centerstate Bank of Florida, N.A. Southbank, F.S.B. And Commonwealth Savingshares Corporation (April 20th, 2015)

THIS PURCHASE AND ASSUMPTION AGREEMENT (this "Agreement"), dated as of April 16, 2015, is made by and between CenterState Bank of Florida, N.A., a national banking association ("Purchaser"), SouthBank, a Federal Savings Bank with its principal office located in Palm Beach Gardens, Florida ("Seller"), and Commonwealth Savingshares Corporation, a Delaware corporation ("HoldCo").

Hcsb Financial Corp – PURCHASE AND ASSUMPTION AGREEMENT Dated as of March 24, 2015 Between HORRY COUNTY STATE BANK as Seller and SANDHILLS BANK as Purchaser (March 30th, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of March 24, 2015 (this "Agreement"), between Horry County State Bank, a state-chartered banking corporation organized under the laws of South Carolina with its principal office located in Loris, South Carolina ("Seller"), and Sandhills Bank, a state-chartered banking corporation organized under the laws of South Carolina with its principal office located in North Myrtle Beach, South Carolina ("Purchaser").

Home BancShares, Inc. – PURCHASE AND ASSUMPTION AGREEMENT Between BANCO POPULAR DE PUERTO RICO (Seller) and CENTENNIAL BANK (Purchaser) (March 4th, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT (this Agreement) is entered into as of February [18], 2015 between Banco Popular de Puerto Rico (Seller), and Centennial Bank (Purchaser, together with Seller, the Parties).

Purchase and Assumption Agreement (March 2nd, 2015)

THIS AGREEMENT, made and entered into as of the 27th day of February, 2015, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of DORAL BANK, SAN JUAN, PUERTO RICO (the Receiver), BANCO POPULAR DE PUERTO RICO, organized under the laws of the Commonwealth of Puerto Rico, and having its principal place of business in HATO REY, PUERTO RICO (the Assuming Institution), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the Corporation).

Ameris Bancorp – PURCHASE AND ASSUMPTION AGREEMENT Dated as of January 28, 2015 Between BANK OF AMERICA, NATIONAL ASSOCIATION and AMERIS BANK (January 29th, 2015)

This PURCHASE AND ASSUMPTION AGREEMENT, dated as of January 28, 2015 (this "Agreement"), between Bank of America, National Association, a national banking association, organized under the laws of the United States, with its principal office located in Charlotte, North Carolina ("Seller"), and Ameris Bank, a state-chartered banking corporation, organized under the laws of Georgia, with its principal office located in Moultrie, Georgia ("Purchaser").