PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF CAPE FEAR BANK, WILMINGTON, NC FEDERAL DEPOSIT INSURANCE CORPORATION and FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF CHARLESTON DATED AS OFPurchase and Assumption Agreement • April 16th, 2009 • First Financial Holdings Inc /De/ • Savings institution, federally chartered • New York
THIS AGREEMENT, made and entered into as of the 10TH day of April, 2009, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of CAPE FEAR BANK, WILMINGTON, NC (the "Receiver"), FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF CHARLESTON, organized under the laws of the United States of America, and having its principal place of business in WILMINGTON, NC (the "Assuming Bank"), 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").
