AGREEMENT AND PLAN OF MERGER AND REORGANIZATION DATED AS OF APRIL 10, 2017Agreement and Plan of Merger And • November 29th, 2022
Contract Type FiledNovember 29th, 2022REORGANIZATION (this “Agreement”) is dated as of April 10, 2017, by and between West Town Bancorp, Inc., a North Carolina corporation with its principal office in Raleigh, North Carolina (“West Town”), SBC Interim Bank, an interim bank organized under North Carolina law and wholly owned subsidiary of West Town (“Interim Bank”), West Town Bank & Trust, an Illinois-chartered state bank and wholly owned subsidiary of West Town (“WTBT”), and Sound Banking Company, a North Carolina state-chartered bank with its principal office in Morehead City, North Carolina (“Sound Bank”).