AGREEMENT BY AND BETWEEN First National Bank in Howell Howell, MI and The Comptroller of the CurrencyBanking Agreement • October 17th, 2008 • FNBH Bancorp Inc • National commercial banks
First National Bank in Howell, Howell, MI (“Bank”) and the Comptroller of the Currency of the United States of America (“Comptroller”) wish to protect the interests of the depositors, other customers, and shareholders of the Bank, and, toward that end, wish the Bank to operate safely and soundly and in accordance with all applicable laws, rules and regulations. The Comptroller has found unsafe and unsound banking practices relating to asset quality and credit risk management at the Bank. In consideration of the above premises, it is agreed, between the Bank, by and through its duly elected and acting Board of Directors (“Board”), and the Comptroller, through his authorized representative, that the Bank shall operate at all times in compliance with the articles of this Agreement.
